Nemetschek SE

XTRA:NEM Stok Raporu

Piyasa değeri: €7.0b

Nemetschek Gelecekteki Büyüme

Future kriter kontrolleri 4/6

Nemetschek kazanç ve gelirin sırasıyla yıllık 18.3% ve 14.8% oranında artacağı tahmin edilmektedir. EPS'nin yıllık 18.6% oranında büyümesi beklenmektedir. Özkaynak kârlılığının 3 yıl içinde 26.6% olacağı tahmin edilmektedir.

Anahtar bilgiler

18.3%

Kazanç büyüme oranı

18.59%

EPS büyüme oranı

Software kazanç büyümesi12.7%
Gelir büyüme oranı14.8%
Gelecekteki özkaynak getirisi26.62%
Analist kapsamı

Good

Son güncelleme17 Sep 2026

Gelecekteki son büyüme güncellemeleri

Recent updates

Anlatı Güncellemesi • Aug 11

NEM: Infrastructure Exposure And HCSS Integration Will Support Future Returns

Nemetschek's updated analyst price target has shifted from about €130 to €115, as analysts factor in new views on revenue growth, profit margins and future P/E alongside recent research, including the resumed Buy rating with a €75 target at Deutsche Bank and Citi's adjustment to €95. Analyst Commentary Recent commentary on Nemetschek highlights a mix of caution and optimism, with bullish analysts still seeing room for upside based on product fit and market reach.
Anlatı Güncellemesi • Jul 28

NEM: North American Construction Software Expansion Will Support Premium P/E Multiple

Nemetschek's analyst price targets have edged lower, with recent moves such as Citi trimming its target to €95 and Deutsche Bank setting coverage at €75 as analysts factor in updated fair value assumptions and the broadened reach from the HCSS acquisition into North American infrastructure and heavy civil construction. Analyst Commentary Recent research on Nemetschek centres on the HCSS acquisition and how it feeds into growth, execution and valuation.
Anlatı Güncellemesi • Jul 14

NEM: North American Expansion Will Support Premium P/E Despite Execution Risks

The analyst fair value estimate for Nemetschek has been reduced to €88.08 from €96.22, as analysts factor in updated assumptions on growth, margins, and P/E, while still pointing to support from recent Street research, including a resumed Buy at €75 and a lowered but constructive €95 target tied to the HCSS acquisition thesis and broader North American exposure. Analyst Commentary Recent research on Nemetschek centers on how the HCSS acquisition and the updated price targets fit into the company’s longer term growth and valuation story.
Anlatı Güncellemesi • Jun 30

NEM: Construction Software Adoption Will Shape Balanced Outlook As Bank Views Diverge

The analyst price target for Nemetschek has been reset from €90 to €56. This reflects updated views on growth, margins, discount rates and future P/E multiples after recent mixed research, including Citi’s lower €95 target, a UBS downgrade and a Deutsche Bank upgrade.
Anlatı Güncellemesi • Jun 16

NEM: AI Workflow Expansion And Dividend Policy Will Support Future Returns

Narrative assumptions for Nemetschek are broadly unchanged, with the analyst price target edging lower as recent research, including cuts from Citi to €95 and from Jefferies by €20, alongside a downgrade from UBS and upgrades from Deutsche Bank and DZ Bank, points to a more mixed but still constructive view on the stock. Analyst Commentary Recent research on Nemetschek presents a mixed picture on ratings and price targets, but the tone from bullish analysts still reflects a constructive stance on the stock and its execution.
Anlatı Güncellemesi • Jun 01

NEM: AI Adoption And Dividend Policy Will Support Future Returns

The analyst price target for Nemetschek has been trimmed from €134.61 to €130.43, reflecting a series of recent target cuts from banks alongside updated assumptions on discount rate, revenue growth, profit margin and future P/E levels. Analyst Commentary Recent research on Nemetschek shows a mix of renewed caution on valuation and selective optimism, with some bullish analysts still comfortable reiterating positive views even as price targets are recalibrated.
Anlatı Güncellemesi • May 02

NEM: Higher P/E Assumptions And Dividend Policy Will Support Future Returns

Nemetschek's analyst fair value target has shifted modestly higher to about €135 from roughly €129, as analysts adjust assumptions around revenue growth, profit margins and future P/E following a mix of recent upgrades and price target cuts across major firms. Analyst Commentary Recent research on Nemetschek reflects a mixed but generally constructive backdrop, with several bullish analysts making supportive calls even as a few firms trim targets or ratings.
Anlatı Güncellemesi • Apr 18

NEM: Premium P/E Will Persist As Profitability Execution Outweighs Rating Cuts

The updated analyst price target for Nemetschek moves to about €96 from roughly €119, as analysts factor in slightly lower projected revenue growth, a modestly higher discount rate, firmer profit margins, and a reduced future P/E, consistent with a recent mix of target cuts and rating changes across major banks. Analyst Commentary Recent research shows a split view on Nemetschek, with several banks cutting price targets while others issue upgrades.
Anlatı Güncellemesi • Apr 03

NEM: Rebased P E And Dividend Policy Will Support Long Term Returns

Nemetschek's updated analyst price target edges slightly lower to about €129.30, as analysts factor in modest adjustments to long term growth, profitability and P/E assumptions following a mix of recent target cuts and rating upgrades across the Street. Analyst Commentary Recent research shows a split picture on Nemetschek, with some firms trimming price targets while others upgrade their stance.
Analiz Makalesi • Mar 27

We Think Nemetschek's (ETR:NEM) Solid Earnings Are Understated

Nemetschek SE's ( ETR:NEM ) solid earnings announcement recently didn't do much to the stock price. Our analysis...
Anlatı Güncellemesi • Mar 20

NEM: Rebased P E And Dividend Outlook Will Support Long-Term Recurring Revenue

Nemetschek's updated analyst price target has been reduced from about €150 to roughly €130, reflecting lower Street targets from several banks, combined with revised expectations for growth, margins and future P/E levels. Analyst Commentary Recent research shows a mix of caution and optimism around Nemetschek, with several firms cutting price targets while others highlight upside potential and upgrade their stance.
Anlatı Güncellemesi • Mar 06

NEM: Recent Upgrades Support Premium P/E On Long-Term Recurring Revenue Expansion

Our analyst price target for Nemetschek remains at €150, as analysts balance slightly higher assumed revenue growth of 17.59% with a lower profit margin assumption of 21.70% and a higher future P/E of 51.33x, in light of recent mixed rating changes and price target adjustments across the Street. Analyst Commentary Recent Street research on Nemetschek has been mixed, with some price target trims sitting alongside fresh upgrades.
Anlatı Güncellemesi • Feb 20

NEM: Construction Software Digitization Will Sustain Premium Multiples Despite Mixed Rating Adjustments

The updated analyst price target for Nemetschek edges lower to about €119 per share, as analysts balance slightly adjusted fair value, discount rate and profit margin assumptions with supportive views on the company's long term revenue growth outlook, reflected in recent upgrades and trimmed targets across the Street. Analyst Commentary Recent Street research on Nemetschek reflects a mix of optimism on growth and digital adoption in construction software, alongside some caution around valuation and execution expectations, which together shape the latest price target adjustments.
Analiz Makalesi • Feb 12

Nemetschek SE (ETR:NEM) Shares Slammed 27% But Getting In Cheap Might Be Difficult Regardless

Nemetschek SE ( ETR:NEM ) shareholders that were waiting for something to happen have been dealt a blow with a 27...
Anlatı Güncellemesi • Feb 06

NEM: Construction Software Adoption Will Drive Future Upside Despite Mixed Bank Views

Analysts have maintained their fair value estimate for Nemetschek at €90. They explain that recent mixed price target changes from banks reflect differing views on the stock's growth profile and appropriate P/E multiple, rather than indicating a clear shift in the underlying outlook.
Anlatı Güncellemesi • Jan 23

NEM: Construction Software Exposure Will Drive Future Upside Despite Recent Caution

Narrative Update on Nemetschek Our fair value estimate for Nemetschek has shifted to €90.00 from €83.00, reflecting analyst views that the company is well placed within construction software. This is supported by recent price targets in the €110 to €115 range and expectations for solid growth and margins, despite only modest target trims from some firms.
Analiz Makalesi • Jan 19

Nemetschek SE's (ETR:NEM) Intrinsic Value Is Potentially 41% Above Its Share Price

Key Insights Nemetschek's estimated fair value is €117 based on 2 Stage Free Cash Flow to Equity Current share price of...
Anlatı Güncellemesi • Jan 08

NEM: Construction Software Digitization Will Support Premium Multiples Despite Mixed Rating Signals

Narrative Update The updated analyst price target for Nemetschek edges lower to about €120 from roughly €123, as analysts factor in slightly adjusted fair value, discount rate and P/E assumptions, while still highlighting the company's position in construction software and noting mixed views on the shares. Analyst Commentary Analysts are split on Nemetschek, with views clustering around how much upside remains at current levels versus the execution needed to justify recent valuation assumptions.
Analiz Makalesi • Jan 05

Nemetschek (ETR:NEM) Could Easily Take On More Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Anlatı Güncellemesi • Dec 24

NEM: Long-Term Construction Software Adoption Will Drive Recurring Revenue Expansion

Nemetschek's analyst fair value estimate has been trimmed from EUR 161 to about EUR 150, as analysts factor in a modestly higher discount rate and slightly slower top line growth, while still highlighting the company's strong positioning in underpenetrated construction software and upward revisions to several Street price targets. Analyst Commentary Bullish analysts continue to emphasize Nemetschek's attractive positioning in construction software, arguing that the company's exposure to an industry with low digital penetration supports a premium growth profile relative to peers.
Anlatı Güncellemesi • Dec 10

NEM: Digital Construction Adoption Will Drive Premium Multiples Despite Mixed Near-Term Sentiment

Nemetschek's analyst price target has been trimmed slightly to about EUR 123 from roughly EUR 124 as analysts balance strong growth expectations in construction software, along with recent Buy initiations and upgrades, against a marginally higher discount rate and mixed target revisions. Analyst Commentary Analysts remain divided on Nemetschek's near term valuation, but are broadly constructive on its long term growth profile and strategic positioning within construction software.
Analiz Makalesi • Dec 08

Getting In Cheap On Nemetschek SE (ETR:NEM) Might Be Difficult

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 18x, you may consider...
Anlatı Güncellemesi • Nov 26

NEM: Digital Construction Penetration Will Drive Sector-Leading Performance Ahead

Nemetschek's fair value price target edged slightly lower from €123.79 to €123.68, as analysts balance optimism about sustained sector-leading growth with a more cautious view in light of recent price target adjustments. Analyst Commentary Recent analyst opinions on Nemetschek reflect a mix of optimism regarding the company’s growth prospects and caution about valuation and market conditions.
Anlatı Güncellemesi • Nov 06

NEM: Improved Profit Margins Will Drive Future Value Creation

Nemetschek’s average analyst price target was slightly reduced, decreasing by approximately EUR 0.41 to EUR 123.79. Analysts balanced improved profit margin projections with slightly lower growth expectations and recent adjustments in target prices.
Analiz Makalesi • Oct 14

Returns At Nemetschek (ETR:NEM) Appear To Be Weighed Down

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Anlatı Güncellemesi • Oct 03

Recurring Subscriptions And International Markets Will Unlock Future Value

Nemetschek's analyst price target has risen by €8 to €125. Analysts cite improved outlook and diminishing prior concerns to support the upgrade.
Analiz Makalesi • Oct 01

Calculating The Fair Value Of Nemetschek SE (ETR:NEM)

Key Insights The projected fair value for Nemetschek is €110 based on 2 Stage Free Cash Flow to Equity Current share...
Anlatı Güncellemesi • Aug 07

Recurring Subscriptions And International Markets Will Unlock Future Value

With no significant changes in discount rate or future P/E, Nemetschek’s fair value assessment has remained stable, with the consensus analyst price target unchanged at €124.15. What's in the News Nemetschek is actively seeking acquisitions, focusing on complementing its product offerings, particularly in AI, and has recently acquired Manufacton (DfMA AI software) and Xinaps (clash detection SaaS).
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Yeni Anlatı • Nov 13

The Company's SaaS Revolution And Global Expansion Promise Thriving Growth In Construction Tech

Transitioning to a SaaS model is driving strong recurring revenue growth and positively impacting revenue and cash flow.

Kazanç ve Gelir Büyüme Tahminleri

XTRA:NEM - Analistlerin gelecek tahminleri ve geçmiş finansal verileri (EUR Millions )
TarihGelirKazançlarSerbest Nakit AkışıFaaliyetlerden NakitAvg. Analist Sayısı
12/31/20281,96138555658813
12/31/20271,72131147149514
12/31/20261,42024937440214
6/30/20261,259246363379N/A
3/31/20261,222233387404N/A
12/31/20251,191217389403N/A
9/30/20251,157204381395N/A
6/30/20251,117188351365N/A
3/31/20251,054178350362N/A
12/31/2024996175293307N/A
9/30/2024924171259272N/A
6/30/2024891177261272N/A
3/31/2024871168250262N/A
12/31/2023852161240253N/A
9/30/2023835148210227N/A
6/30/2023818142203221N/A
3/31/2023814156198217N/A
12/31/2022802162195214N/A
9/30/2022787166209225N/A
6/30/2022753161209223N/A
3/31/2022715148215226N/A
12/31/2021681135204214N/A
9/30/2021654126199207N/A
6/30/2021633117177185N/A
3/31/2021609105167175N/A
12/31/202059797148157N/A
9/30/202058899149161N/A
6/30/2020577128158169N/A
3/31/2020574129N/A169N/A
12/31/2019557127N/A160N/A
9/30/2019538119N/A142N/A
6/30/201951483N/A126N/A
3/31/201949080N/A108N/A
12/31/201846376N/A100N/A
9/30/201843784N/A101N/A
6/30/201841881N/A96N/A
3/31/201840177N/A102N/A
12/31/201739675N/A97N/A
9/30/201738353N/A83N/A
6/30/201737150N/A90N/A
3/31/201735850N/A81N/A
12/31/201633947N/A80N/A
9/30/201632548N/A81N/A
6/30/201631245N/A66N/A
3/31/201629739N/A67N/A
12/31/201528636N/A65N/A
9/30/201527133N/A56N/A

Analist Gelecek Büyüme Tahminleri

Kazançlar ve Tasarruf Oranları: NEM 'nin tahmini kazanç büyümesi (yıllık 18.3% ) tasarruf oranının ( 2.1% ) üzerindedir.

Kazançlar ve Piyasa: NEM şirketinin kazançlarının (yıllık 18.3% ) German pazarından (yıllık 15.1% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Kazançları: NEM şirketinin kazançlarının artması bekleniyor, ancak önemli ölçüde.

Gelir ve Pazar: NEM şirketinin gelirinin (yıllık 14.8% ) German pazarından (yıllık 6.7% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Geliri: NEM şirketinin gelirinin (yıllık 14.8% ) yıllık 20% oranından daha yavaş büyümesi öngörülüyor.

Hisse Başına Kazanç Büyüme Tahminleri

Gelecekteki Özkaynak Getirisi

Gelecekteki ROE: NEM 'in Özsermaye Getirisi'nin 3 yıl içinde yüksek olması tahmin ediliyor ( 26.6 %)

Büyüyen şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/09/18 23:45
Gün Sonu Hisse Fiyatı2026/09/18 00:00
Kazançlar2026/06/30
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına Github sayfamızdan ulaşabilirsiniz; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube’da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Nemetschek SE 30 Bu analistlerden 14, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Knut WollerBaader Helvea Equity Research
Sven MerktBarclays
Alice JenningsBarclays