Subscribe

Nemetschek SE (NEM.DE)

EUR54.50 -1.55 (-2.77%)
DE XETRA Technology Software - Application
Address Konrad-Zuse-Platz 1 81829
Munich, DE
CEO Yves Padrines
IPO 1999-03-11
ISIN DE0006452907

Explore sections of this company profile

Also trades on Deutsche Börse · NEM.DE (EUR) Other OTC · NEMKY (USD) Other OTC · NEMTF (USD) Swiss Exchange · NEMA.SW (CHF)
Description

Nemetschek SE is a German-based global provider of software solutions specializing in the architecture, engineering, construction (AEC), and media and entertainment industries. The company's reach extends across Germany, the rest of Europe, the Americas, and the Asia Pacific region. Its operations are structured into four key segments: Design, Build, Manage, and Media & Entertainment. The Design division supplies an array of software, notably under brands like Allplan, Graphisoft, Solibri, Vectorworks, and RISA, catering to professionals such as architects, designers, engineers, structural specialists, landscape designers, developers, and general contractors. This segment's core offering includes comprehensive Building Information Modeling (BIM) tools for both 2D and 3D computer-aided design (CAD) and engineering (CAE) for building projects and visualization. Focusing on the construction phase, the Build segment delivers advanced 5D BIM solutions, primarily via its Bluebeam brand. These tools streamline critical processes like bidding, project awarding, invoicing, budget management, scheduling, and cost analysis. It also provides commercial enterprise resource planning (ERP) solutions. Its clientele encompasses construction firms, developers, material suppliers, general contractors, as well as planning and civil engineering offices. The Manage segment features commercial property management services through the Crem brand. Furthermore, it offers integrated and modular software from Spacewell for efficient property, facility, and workplace administration, including an intelligent smart building platform. This segment supports facility and property managers, financial institutions, and insurance and real estate firms. Under the Maxon brand, the Media & Entertainment segment develops sophisticated software for 3D modeling, animation, rendering, and visual effects. These tools are widely adopted in film, television, advertising, and video game production, along with specialized applications in medicine, product design, and infographics. Established in 1963, Nemetschek SE maintains its corporate headquarters in Munich, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
EUR54.50 -1.55 (-2.77%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
284.1K
Beta
0.52
Float Shares
56.93M
Free Float %
49.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.70% -7.00% -2.45% -10.08% -35.94% -33.56% -50.98% -13.03% +6.07% +270.05% +1,021.95%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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

Analyst Consensus (2 ratings, all time) Hold
Price Targets & DCF
Current price
54.50
DCF (Unlevered) 150.60 +176.3%
DCF (Levered) 183.64 +237.0%

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 5 0
Buy 7 -1
Hold 3 -3
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.17
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
8 / 10
Strong MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    +19.7% Q1'26: +10.7% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    +23.7% Q1'26: +33.3% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    +28.4% Q1'26: +43.5% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    +25.2% Q1'26: +25.3% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    +21.1% Q1'26: +22.5% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    +0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    1.09× Q1'26: 0.87× (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 (0.49) × ERP
WACC = 94% × Ke + 6% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 150.75 Current price: 54.50
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 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
14 Rev. Ana.
11 EPS Ana.
Dec 2027
14 Rev. Ana.
10 EPS Ana.
Dec 2028
11 Rev. Ana.
9 EPS Ana.
Dec 2029
5 Rev. Ana.
3 EPS Ana.
Dec 2030
5 Rev. Ana.
3 EPS Ana.
Revenue
164.01M
est: 167.17M (-1.9%)
175.09M
est: 178.88M (-2.1%)
185.94M
est: 188.44M (-1.3%)
218.45M
est: 221.09M (-1.2%)
285.27M
est: 283.91M (+0.5%)
337.29M
est: 338.36M (-0.3%)
395.57M
est: 396.59M (-0.3%)
461.30M
est: 457.57M (+0.8%)
556.88M
est: 556.19M (+0.1%)
596.91M
est: 595.38M (+0.3%)
681.47M
est: 678.88M (+0.4%)
801.81M
est: 802.91M (-0.1%)
851.56M
est: 891.06M (-4.4%)
995.57M
est: 986.33M (+0.9%)
1.19B
est: 1.19B (+0.3%)
1.34B
1.32B – 1.37B
+13.1% YoY
1.53B
1.47B – 1.57B
+13.8% YoY
1.72B
1.72B – 1.72B
+12.6% YoY
1.89B
1.84B – 1.94B
+9.9% YoY
2.03B
1.97B – 2.08B
+7.3% YoY
EBITDA
38.52M
est: 37.55M (+2.6%)
41.86M
est: 38.04M (+10.1%)
46.84M
est: 40.06M (+16.9%)
57.11M
est: 53.96M (+5.8%)
70.70M
est: 70.93M (-0.3%)
88.15M
est: 83.62M (+5.4%)
115.92M
est: 99.47M (+16.5%)
123.86M
est: 134.94M (-8.2%)
198.36M
est: 149.60M (+32.6%)
172.51M
est: 203.77M (-15.3%)
223.01M
est: 231.64M (-3.7%)
260.91M
est: 262.60M (-0.6%)
265.80M
est: 283.62M (-6.3%)
312.39M
est: 313.82M (-0.5%)
372.74M
est: 378.17M (-1.4%)
427.53M
420.68M – 436.29M
+13.1% YoY
486.49M
468.55M – 499.95M
+13.8% YoY
548.01M
547.15M – 548.86M
+12.6% YoY
602.22M
585.89M – 616.85M
+9.9% YoY
645.95M
628.43M – 661.64M
+7.3% YoY
EBIT
29.86M
est: 30.38M (-1.7%)
30.24M
est: 31.09M (-2.8%)
36.25M
est: 30.65M (+18.2%)
46.78M
est: 41.89M (+11.7%)
54.89M
est: 60.24M (-8.9%)
70.21M
est: 63.39M (+10.8%)
95.43M
est: 81.46M (+17.1%)
100.93M
est: 108.51M (-7.0%)
156.83M
est: 121.00M (+29.6%)
123.01M
est: 161.40M (-23.8%)
173.37M
est: 183.48M (-5.5%)
202.15M
est: 207.99M (-2.8%)
207.82M
est: 222.39M (-6.6%)
244.96M
est: 246.07M (-0.5%)
299.56M
est: 296.52M (+1.0%)
335.23M
329.86M – 342.09M
+13.1% YoY
381.46M
367.39M – 392.01M
+13.8% YoY
429.69M
429.02M – 430.36M
+12.6% YoY
472.20M
459.40M – 483.68M
+9.9% YoY
506.49M
492.75M – 518.80M
+7.3% YoY
Net Income
22.45M
est: 20.88M (+7.5%)
18.87M
est: 22.22M (-15.1%)
24.01M
est: 19.91M (+20.6%)
31.49M
est: 28.16M (+11.8%)
35.90M
est: 40.78M (-12.0%)
46.93M
est: 43.18M (+8.7%)
74.66M
est: 54.86M (+36.1%)
76.47M
est: 86.11M (-11.2%)
127.16M
est: 92.96M (+36.8%)
96.95M
est: 133.67M (-27.5%)
134.62M
est: 151.95M (-11.4%)
161.90M
est: 172.25M (-6.0%)
161.26M
est: 176.66M (-8.7%)
175.42M
est: 177.14M (-1.0%)
217.20M
est: 217.59M (-0.2%)
269.78M
241.31M – 291.15M
+24.0% YoY
323.95M
289.87M – 354.02M
+20.1% YoY
384.87M
321.54M – 430.88M
+18.8% YoY
497.94M
480.39M – 513.67M
+29.4% YoY
589.21M
568.44M – 607.82M
+18.3% YoY
SGA
est: 104.96M (-100.0%)
12.07M
est: 111.22M (-89.1%)
12.51M
est: 110.19M (-88.6%)
16.38M
est: 101.02M (-83.8%)
26.50M
est: 132.68M (-80.0%)
29.27M
est: 192.63M (-84.8%)
30.82M
est: 189.68M (-83.8%)
38.32M
est: 224.53M (-82.9%)
41.51M
est: 276.01M (-85.0%)
37.49M
est: 268.28M (-86.0%)
41.14M
est: 304.97M (-86.5%)
49.91M
est: 345.72M (-85.6%)
69.92M
est: 61.24M (+14.2%)
90.16M
est: 443.46M (-79.7%)
57.62M
est: 81.66M (-29.4%)
92.32M
90.84M – 94.21M
+13.1% YoY
105.05M
101.18M – 107.96M
+13.8% YoY
118.33M
118.15M – 118.52M
+12.6% YoY
130.04M
126.51M – 133.20M
+9.9% YoY
139.48M
135.70M – 142.87M
+7.3% YoY
EPS
0.18
est: 0.20 (-11.8%)
0.17
est: 0.17 (+2.8%)
0.21
est: 0.19 (+10.6%)
0.27
est: 0.28 (-3.6%)
0.31
est: 0.35 (-11.6%)
0.41
est: 0.42 (-1.8%)
0.65
est: 0.54 (+19.7%)
0.66
est: 0.62 (+6.4%)
1.10
est: 1.00 (+10.4%)
0.84
est: 0.81 (+3.2%)
1.17
est: 1.15 (+1.9%)
1.40
est: 1.40 (-0.1%)
1.40
est: 1.53 (-8.5%)
1.52
est: 1.54 (-1.0%)
1.88
est: 1.89 (-0.4%)
2.33
2.09 – 2.52
+23.6% YoY
2.82
2.51 – 3.06
+21.2% YoY
3.39
2.78 – 3.73
+19.9% YoY
4.31
4.16 – 4.45
+27.2% YoY
5.10
4.92 – 5.26
+18.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-05-08 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-05-07 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-05-06 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-05-05 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-05-04 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-30 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-29 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-28 A- 4/5 5/5 5/5 5/5 2/5 2/5 1/5
2026-04-27 B+ 3/5 5/5 4/5 5/5 2/5 2/5 1/5
2026-04-24 B+ 3/5 5/5 4/5 5/5 2/5 2/5 1/5
2026-04-23 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-22 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-21 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-20 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-17 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-16 B 3/5 5/5 4/5 5/5 1/5 1/5 1/5
2026-04-15 B+ 3/5 5/5 4/5 5/5 2/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
393.95M
OE per share TTM
3.41
Owner's Yield
5.49%
Maintenance CapEx ratio
0.57%
Maint CapEx / Avg PPE
10.2%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
104.15M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q4
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
1
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 ARISTOTLE CAPITAL MANAGEMENT, LLC 955.6K -2.5K (-0.3%) 104.15M -20.6M (-16.5%) 0.83% -0.002 pp 0.21% -0.033 pp EUR60.85 +52.5% 20 qtrs
Ownership breakdown by holder

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
75.0K
Shares Outstanding
115.49M

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
Georg Nemetschek Founder & Honorary Chairman of the Supervisory Board 82.0K
David McGavran Chief Executive Officer of Maxon male
Eva Louise Helen Ofverstrom Chief Financial Officer & Member of Executive Board female
Louise Ofverstrom Chief Financial Officer & Member of Executive Board female
Marc Nezet Chief Division Officer Operate & Manage and Chief Strategy Officer male
Stefanie Zimmermann CEFA Senior Vice President of Investor Relations & Corporate Communication female
Sunil Pandita Chief Division Officer of Planning & Design and Digital Twin Business Unit male
Susanne Kindler Chief People & Transformation Officer female
Usman K. Shuja CDO of Build & Construct, CEO of Bluebeam and Member of Executive Board male
Alok Sharma MD & VP for India male
Yves Padrines Chief Executive Officer & Chairman of Executive 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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits