Obermatt

Nemetschek

GER:NEM · DE0006452907
SoftwareLarge

360

80
EV / EBIT50
Price / Owner Earnings39
Owner Earnings Yield71
Dividend Yield59
Price/Sales24
EV / Gross Profit43
Price/Book28
Return on Capital79
Cash Return on Capital71
Return on Equity71
EBIT Margin84
Gross Profitability51
Cash Conversion43
Accruals42
Owner Earnings Margin79
Sales growth79
Profit Growth86
Long-Term EPS Growth70
Owner Earnings Growth73
Reinvestment41
Price momentum13
Debt load49
Refinancing32
Debt Payback38
Liquidity62
Analyst ratings34
Opinion Changes50
Price Target Upside76
Market mood100
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Nemetschek generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGermany
IndustrySoftware
SizeLarge
TypePublic Company
ExchangeXTRA
Founded2016
Employees372
ISINDE0006452907
Last UpdateApr 2, 2026
Themes
Process AutomationCustomer Relationship ManagementSoftware DevelopmentAnimation/av WorkstationsSmart BuildingTeam CollaborationReal Estate Technology

Description

Nemetschek SE provides software solutions for the architecture, engineering, construction, and operations (AECO) sector. The company specializes in developing innovative software solutions that enhance the entire lifecycle of buildings and infrastruc…

Analysis

Middle-of-the-road

Nemetschek SE sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 26.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of 18%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

Flags to be aware of: A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
51
2023202420252026

All-time high

72

Jan 2026

All-time low

9

Feb 2026

Average rank

41

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
24
9
9
11
Price/Earnings
13
16
18
13
Price/Book
28
8
21
8
Dividend Yield
59
57
57
61
Value (overall)
28
20
19
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →