Financials Nemetschek SE

Equities

NEM

DE0006452907

Software

Real-time Estimate Tradegate 09:48:35 2024-05-02 am EDT 5-day change 1st Jan Change
80.55 EUR -3.59% Intraday chart for Nemetschek SE -1.22% +2.96%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,791 6,976 13,028 5,508 9,064 9,650 - -
Enterprise Value (EV) 1 6,827 7,020 13,000 5,383 8,873 9,218 9,008 8,763
P/E ratio 53.5 x 71.9 x 96.4 x 34.1 x 56.1 x 52 x 42.8 x 34.9 x
Yield 0.48% 0.5% 0.35% 0.94% 0.61% 0.62% 0.74% 0.82%
Capitalization / Revenue 12.2 x 11.7 x 19.1 x 6.87 x 10.6 x 10.2 x 8.88 x 7.74 x
EV / Revenue 12.3 x 11.8 x 19.1 x 6.71 x 10.4 x 9.77 x 8.29 x 7.03 x
EV / EBITDA 41.2 x 40.7 x 58.6 x 20.9 x 34.4 x 31.2 x 25.7 x 21.2 x
EV / FCF 48.4 x 47.3 x 63.6 x 27.6 x 36.9 x 39.9 x 33 x 27.2 x
FCF Yield 2.07% 2.11% 1.57% 3.62% 2.71% 2.51% 3.03% 3.68%
Price to Book 19.5 x 17.3 x 24.8 x 8.43 x 12.1 x 10.8 x 9.22 x 7.66 x
Nbr of stocks (in thousands) 115,500 115,500 115,500 115,500 115,500 115,500 - -
Reference price 2 58.80 60.40 112.8 47.69 78.48 83.55 83.55 83.55
Announcement Date 3/31/20 3/23/21 3/22/22 3/23/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 556.9 596.9 681.5 801.8 851.6 943.5 1,086 1,247
EBITDA 1 165.7 172.3 222 257 257.7 295.3 350.7 413.9
EBIT 1 123.6 122.5 172 198.1 199.5 237 291.1 351.7
Operating Margin 22.2% 20.53% 25.24% 24.71% 23.43% 25.12% 26.8% 28.2%
Earnings before Tax (EBT) 1 153.7 120 170.6 199.5 204.5 236.6 290 350.2
Net income 1 127.2 96.95 134.6 161.9 161.3 186.1 226.2 276.9
Net margin 22.83% 16.24% 19.75% 20.19% 18.94% 19.72% 20.82% 22.21%
EPS 2 1.100 0.8400 1.170 1.400 1.400 1.608 1.954 2.395
Free Cash Flow 1 141.1 148.4 204.4 194.8 240.2 231.1 272.9 322.5
FCF margin 25.34% 24.86% 30% 24.29% 28.21% 24.49% 25.12% 25.86%
FCF Conversion (EBITDA) 85.16% 86.12% 92.09% 75.78% 93.21% 78.24% 77.82% 77.92%
FCF Conversion (Net income) 110.97% 153.06% 151.88% 120.29% 148.96% 124.19% 120.66% 116.44%
Dividend per Share 2 0.2800 0.3000 0.3900 0.4500 0.4800 0.5209 0.6182 0.6823
Announcement Date 3/31/20 3/23/21 3/22/22 3/23/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 187.9 192.2 203.8 202.8 203 204.6 207.5 219.8 219.6 223.9 228.3 244.1 247.4 252.4 261.1
EBITDA 1 61.7 69.8 68.6 62.9 55.7 61 56.1 71.4 69.22 68.3 74.36 78.26 80.51 79.88 82.57
EBIT 1 49 56.28 53.35 47.96 40.54 46.63 40.72 56.55 55.6 54.71 59.11 63.09 64.42 71.55 73.95
Operating Margin 26.08% 29.28% 26.17% 23.65% 19.97% 22.79% 19.63% 25.72% 25.32% 24.43% 25.89% 25.84% 26.04% 28.35% 28.33%
Earnings before Tax (EBT) 1 48.68 56.01 56.37 50.23 36.93 46.11 - - 60 - 57 59 57 - -
Net income 1 37.8 42.6 46.51 38.78 34.02 36.25 32.82 45.04 47.14 42.55 45.35 47.45 48.57 52.61 54.62
Net margin 20.12% 22.16% 22.82% 19.12% 16.76% 17.72% 15.82% 20.49% 21.47% 19% 19.87% 19.44% 19.63% 20.84% 20.92%
EPS 2 0.3300 0.3700 0.4000 0.3400 0.2900 0.3100 0.2800 0.3900 0.4100 0.3700 0.3909 0.4043 0.4174 0.4555 0.4729
Dividend per Share 2 - - - - - - - - 0.4800 - 0.4800 - - - 0.5327
Announcement Date 3/22/22 4/28/22 7/28/22 10/27/22 3/23/23 4/27/23 7/31/23 10/26/23 3/21/24 4/30/24 - - - - -
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 35.6 43.6 - - - - - -
Net Cash position 1 - - 28.4 125 192 432 642 887
Leverage (Debt/EBITDA) 0.215 x 0.2529 x - - - - - -
Free Cash Flow 1 141 148 204 195 240 231 273 322
ROE (net income / shareholders' equity) 32.7% 25.8% 29% 27.5% 23% 23.5% 24.1% 24.1%
ROA (Net income/ Total Assets) 13.6% 11.1% 13.9% 14.3% 13% 13.4% 14.2% 14.5%
Assets 1 935.7 873.4 971.8 1,135 1,236 1,391 1,596 1,909
Book Value Per Share 2 3.020 3.500 4.550 5.660 6.460 7.750 9.060 10.90
Cash Flow per Share 2 1.390 1.360 1.860 1.850 2.190 2.360 2.610 2.920
Capex 1 19.3 9.1 9.93 19 12.7 16 18.5 20.7
Capex / Sales 3.46% 1.52% 1.46% 2.37% 1.49% 1.7% 1.7% 1.66%
Announcement Date 3/31/20 3/23/21 3/22/22 3/23/23 3/21/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
83.55 EUR
Average target price
85.68 EUR
Spread / Average Target
+2.55%
Consensus
  1. Stock Market
  2. Equities
  3. NEM Stock
  4. Financials Nemetschek SE