Nemetschek Valuation

Is 0FDT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0FDT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0FDT (€99.91) is trading above our estimate of fair value (€85.21)

Significantly Below Fair Value: 0FDT is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0FDT?

Key metric: As 0FDT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0FDT. This is calculated by dividing 0FDT's market cap by their current earnings.
What is 0FDT's PE Ratio?
PE Ratio66.8x
Earnings€170.90m
Market Cap€11.42b

Price to Earnings Ratio vs Peers

How does 0FDT's PE Ratio compare to its peers?

The above table shows the PE ratio for 0FDT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average51.5x
SGE Sage Group
39.9x11.9%UK£12.9b
BYIT Bytes Technology Group
21.3x6.7%UK£1.1b
GBG GB Group
116x36.6%UK£944.4m
ALFA Alfa Financial Software Holdings
29x6.3%UK£640.4m
0FDT Nemetschek
66.8x18.6%€11.4b

Price-To-Earnings vs Peers: 0FDT is expensive based on its Price-To-Earnings Ratio (66.8x) compared to the peer average (51.5x).


Price to Earnings Ratio vs Industry

How does 0FDT's PE Ratio compare vs other companies in the GB Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SORT Sorted Group Holdings
3xn/aUS$5.47m
No more companies available in this PE range
0FDT 66.8xIndustry Avg. 35.3xNo. of Companies5PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0FDT is expensive based on its Price-To-Earnings Ratio (66.8x) compared to the UK Software industry average (35.3x).


Price to Earnings Ratio vs Fair Ratio

What is 0FDT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0FDT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio66.8x
Fair PE Ratio51.2x

Price-To-Earnings vs Fair Ratio: 0FDT is expensive based on its Price-To-Earnings Ratio (66.8x) compared to the estimated Fair Price-To-Earnings Ratio (51.2x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0FDT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€99.91
€100.21
+0.3%
16.3%€125.00€68.00n/a19
Nov ’25€100.20
€93.14
-7.0%
14.3%€125.00€68.00n/a19
Oct ’25€94.83
€91.46
-3.6%
13.9%€120.00€68.00n/a19
Sep ’25€94.32
€91.30
-3.2%
13.9%€120.00€68.00n/a19
Aug ’25€88.39
€90.99
+2.9%
13.6%€120.00€68.00n/a19
Jul ’25€91.49
€87.68
-4.2%
13.6%€116.00€61.00n/a19
Jun ’25€83.35
€86.37
+3.6%
13.9%€112.00€61.00n/a19
May ’25€83.55
€85.68
+2.6%
14.6%€112.00€61.00n/a19
Apr ’25€91.50
€83.68
-8.5%
16.2%€112.00€54.00n/a19
Mar ’25€87.27
€80.49
-7.8%
16.9%€105.00€54.00n/a19
Feb ’25€85.86
€77.71
-9.5%
16.8%€105.00€54.00n/a18
Jan ’25€78.36
€72.22
-7.8%
15.8%€92.00€53.00n/a18
Dec ’24€79.23
€71.22
-10.1%
15.8%€92.00€47.00n/a18
Nov ’24€70.59
€68.62
-2.8%
15.5%€92.00€46.00€100.2017
Oct ’24€58.29
€66.12
+13.4%
14.6%€86.00€45.00€94.8317
Sep ’24€63.26
€66.88
+5.7%
14.1%€86.00€45.00€94.3216
Aug ’24€65.05
€66.88
+2.8%
14.1%€86.00€45.00€88.3916
Jul ’24€68.70
€67.53
-1.7%
14.7%€85.00€45.00€91.4916
Jun ’24€73.92
€67.53
-8.6%
14.7%€85.00€45.00€83.3516
May ’24€70.39
€67.38
-4.3%
16.0%€86.50€45.00€83.5516
Apr ’24€62.61
€63.92
+2.1%
16.5%€86.50€45.00€91.5016
Mar ’24€53.68
€59.05
+10.0%
15.6%€86.50€45.00€87.2716
Feb ’24€48.93
€61.73
+26.2%
19.2%€92.00€46.00€85.8616
Jan ’24€48.13
€61.55
+27.9%
19.3%€92.00€46.00€78.3616
Dec ’23€49.71
€61.55
+23.8%
19.3%€92.00€46.00€79.2316
Nov ’23€48.94
€62.05
+26.8%
19.1%€92.00€48.00€70.5916

Analyst Forecast: Target price is less than 20% higher than the current share price.


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