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Nagarro SE (NA9.DE)

EUR75.70 -0.30 (-0.39%)
DE XETRA Technology Information Technology Services
Address Einsteinstrasse 172 81677
Munich, DE
CEO Manas C. Human
IPO 2020-12-17
ISIN DE000A3H2200

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Also trades on Deutsche Börse · NA9.DE (EUR) Frankfurt Stock Exchange · NA9.F (EUR) Other OTC · NGRRF (USD) Stuttgart Stock Exchange · NA9.SG (EUR)
Description

Nagarro SE functions as a global digital engineering firm, providing advanced technology solutions across North America, Central Europe, other European territories, and on an international scale. Its comprehensive suite of services covers agile methodologies, API management, application development and management, managed services, and accelerated quality and test engineering. Additionally, the company specializes in cutting-edge areas like artificial intelligence, data analytics, blockchain, cloud computing, CRM, customer communications, digital commerce, digital marketing and personalization, digital ventures, enterprise content management (ECM) and portals, embedded systems, enterprise architecture consulting, ERP implementations, identity and access management, and the Internet of Things. Further offerings include process consulting, modernization of mainframe and legacy systems, mobility solutions, training, product engineering, resilience engineering, cybersecurity, technical communications, and extensive transformation initiatives. Nagarro serves a wide array of sectors, such as automotive, banking and financial services, energy and utilities, gaming and entertainment, industrial automation, insurance, independent software vendors (ISVs), life sciences and healthcare, media and publishing, non-profits and education, the public sector, retail and consumer packaged goods (CPG), telecommunications, and the travel and logistics industry. Established in 1996, the company's headquarters are located in Munich, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR75.70 -0.30 (-0.39%)
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Volume Profile
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Liquidity & share structure
Average Volume
68.8K
Beta
1.23
Float Shares
6.39M
Free Float %
54.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.69% +2.79% -13.86% -25.39% -30.79% -42.38% -32.03% -48.97% -49.18% -47.90% -47.90%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
75.70
DCF (Unlevered) 117.96 +55.8%
DCF (Levered) 163.33 +115.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 75% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.11
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +2.8% Q1'26: +0.5% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    -16.5% Q1'26: +82.4% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    +5.8% Q1'26: -2.3% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +8.6% Q1'26: +12.1% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +12.7% Q1'26: +20.9% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    -3.9% Q1'26: -6.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    3.15× Q1'26: 2.45× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.23) × ERP
WACC = 59% × Ke + 41% × Kd (5.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 117.82 Current price: 75.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
3 EPS Ana.
Dec 2027
4 Rev. Ana.
4 EPS Ana.
Dec 2028
3 Rev. Ana.
2 EPS Ana.
Revenue
430.37M
est: 431.75M (-0.3%)
546.04M
est: 543.71M (+0.4%)
856.34M
est: 859.32M (-0.3%)
912.06M
est: 938.45M (-2.8%)
971.99M
est: 972.00M (0.0%)
999.30M
est: 1.02B (-1.9%)
1.05B
1.03B – 1.06B
+2.6% YoY
1.12B
1.10B – 1.14B
+6.8% YoY
1.14B
1.14B – 1.14B
+1.9% YoY
EBITDA
66.68M
est: 63.15M (+5.6%)
70.65M
est: 79.53M (-11.2%)
146.06M
est: 125.69M (+16.2%)
123.08M
est: 130.95M (-6.0%)
137.55M
est: 135.63M (+1.4%)
121.20M
est: 142.20M (-14.8%)
145.86M
144.34M – 147.45M
+2.6% YoY
155.81M
153.98M – 158.73M
+6.8% YoY
158.73M
158.54M – 158.91M
+1.9% YoY
EBIT
45.04M
est: 44.95M (+0.2%)
46.08M
est: 56.60M (-18.6%)
112.94M
est: 89.46M (+26.2%)
88.01M
est: 94.12M (-6.5%)
100.23M
est: 97.49M (+2.8%)
85.51M
est: 102.20M (-16.3%)
104.84M
103.74M – 105.98M
+2.6% YoY
111.98M
110.68M – 114.09M
+6.8% YoY
114.08M
113.95M – 114.22M
+1.9% YoY
Net Income
18.45M
est: 35.83M (-48.5%)
30.00M
est: 32.02M (-6.3%)
77.38M
est: 67.61M (+14.5%)
52.14M
est: 52.15M (0.0%)
49.16M
est: 59.06M (-16.8%)
39.49M
est: 57.32M (-31.1%)
63.90M
60.45M – 80.30M
+11.5% YoY
74.08M
67.77M – 91.72M
+15.9% YoY
85.63M
79.72M – 91.54M
+15.6% YoY
SGA
6.67M
est: 6.88M (-3.0%)
9.17M
est: 8.66M (+5.9%)
13.52M
est: 13.69M (-1.2%)
13.80M
est: 16.10M (-14.3%)
15.97M
est: 16.68M (-4.3%)
21.64M
est: 17.49M (+23.7%)
17.94M
17.75M – 18.13M
+2.6% YoY
19.16M
18.94M – 19.52M
+6.8% YoY
19.52M
19.50M – 19.54M
+1.9% YoY
EPS
1.62
est: 2.69 (-39.8%)
2.53
est: 2.40 (+5.3%)
5.62
est: 5.16 (+9.0%)
3.87
est: 4.06 (-4.7%)
3.69
est: 4.60 (-19.8%)
3.08
est: 4.46 (-31.0%)
5.27
4.72 – 6.27
+18.0% YoY
5.99
5.29 – 7.16
+13.6% YoY
6.69
6.22 – 7.15
+11.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-14 B+ 3/5 5/5 5/5 4/5 1/5 3/5 1/5
2026-05-13 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-12 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-11 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-08 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-07 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-06 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-05 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-05-04 A- 4/5 5/5 5/5 4/5 1/5 3/5 2/5
2026-04-30 A 4/5 5/5 5/5 4/5 1/5 4/5 3/5
2026-04-29 A 4/5 5/5 5/5 4/5 1/5 4/5 3/5
2026-04-28 A 4/5 5/5 5/5 4/5 1/5 4/5 3/5
2026-04-27 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-24 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-23 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-22 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-21 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-20 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-17 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5
2026-04-16 A- 4/5 5/5 5/5 4/5 1/5 4/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
97.24M
OE per share TTM
7.57
Owner's Yield
17.58%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
8.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 82 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi SDAX UCITS ETF Dist C005.DE 1.42% 2.53M 0.70%
2 Fidelity Metaverse ETF FMET 0.84% 368.1K 0.39%
3 NYLI Merger Arbitrage ETF MNA 0.23% 581.0K 0.75%
4 WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE 0.17% 160.6K 0.38%
5 WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L 0.17% 160.6K 0.38%
6 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.11% 1.17M 0.58%
7 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.10% 738.8K 0.33%
8 Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA 0.06% 438.7K 0.40%
9 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.06% 432.4K 0.30%
10 WisdomTree International SmallCap Dividend Fund DLS 0.05% 533.7K 0.58%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.8K
Shares Outstanding
11.78M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Annette Mainka Member of Management Board 496.8K female
Manas C. Human Co-Founder, Chief Executive Officer & Chairperson of Management Board 496.8K
Vikram Sehgal Co-Founder & Member of Management Board 496.8K male
Michael J. Knapp Head of Investor Relations male
Prateek Aggarwal B.com MBAFinance CFO & Member of the Management Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits