Stock · NEM.DE · Technology
Germany · Mid Cap · Revenue 12 mo. €1.3B
Price as of 11/06/2026
Nemetschek SE provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally.
Nemetschek SE provides software solutions for architecture, engineering, construction, operation, and media industries in Germany, the rest of Europe, the Americas, the Asia Pacific, and internationally. The company operates in four segments: Design, Build, Manage, and Media. The Design segment offers software solutions primarily under the Allplan, Graphisoft, and dRofus brands for architects, designers, engineers, structural engineers, specialist planners, and landscape designers, as well as developers and general contractors. This segment provides building information modeling (BIM) solutions for computer-aided design and engineering. The Build segment offers 5D BIM solutions, commercial enterprise resource planning solutions, and cloud-based workflow solutions under the Nevaris and Bluebeam brands to construction companies, developers, suppliers, general contractors, planning offices, architects, and civil engineers. The Manage segment provides software solutions for property, facility, and workplace management; building platforms for the operation and management of buildings under the Spacewell and Crem Solutions brands to property managers, facility managers, global real estate companies, banks, and insurance companies. The Media segment offers software solutions under the Maxon name, including 3D modeling, painting, animation, sculpting, and rendering solutions to create 3D motion graphics, architectural or product visualizations, graphics for computer games, medical illustrations, industrial designs, and visual effects for architects and designers, film and TV studios, advertising agencies, the video game industry, product and graphic designers, and freelancers. Nemetschek SE was founded in 1963 and is headquartered in Munich, Germany.
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Summary
54.5 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €368.1M (2025), it supports €4.1B. The remaining €3.3B of the market value assume it grows 8.2% a year for 10 years and not at all afterwards.
Required FCF growth per year
8.2%
no growth afterwards
Price to operating cash flow 20.6×, below its usual range.
Middle half of 20 quarters: 28.9× to 39.1×, median 34.7×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q1 → Q2 2026
4 more unchanged: Revenue, 12 mo., EBIT margin, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 23.38% | 14.60% | Rank 69 |
| Return on capital (Greenblatt) | 508.56% | 29.77% | Rank 97 |
| EBIT margin | 25.15% | 17.40% | Rank 70 |
| FCF margin | 30.91% | 18.54% | Rank 82 |
| Gross margin | 49.36% | 48.47% | Rank 52 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 19.65% | 12.70% | Rank 71 |
| Earnings growth, 3 years per year | 10.28% | 9.54% | Rank 51 |
| Earnings growth, 5 years per year | 17.50% | 14.07% | Rank 61 |
| Sustainable growth (ROE × retained earnings) | 1.15% | 2.87% | Rank 27 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 2.90% | 2.64% | Rank 56 |
| FCF yield | 5.01% | 3.06% | Rank 70 |
| EV/saleslower is better | 6.29 | 5.18 | Rank 41 |
| EV/EBITlower is better | 25.02 | 26.24 | Rank 53 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −39.95% | −0.59% | Rank 10 |
| Share price, 6 months | 5.43% | −4.46% | Rank 62 |
| Share price, 3 months | 11.98% | −5.84% | Rank 80 |
| Distance from 52-week high | −32.73% | −33.23% | Rank 52 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −3.85% | 1.65% | Rank 82 |
| Change in share countlower is better | 0.03% | −0.17% | Rank 35 |
| Dividend streak in years | 15 | 8 | Rank 86 |
| Price reaction to results, market-adjusted | −15.60% | −1.57% | Rank 6 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 42.68% | 53.98% | Rank 33 |
| Net debt/EBITDAlower is better | 0.39 | −0.20 | Rank 39 |
| Debt to equitylower is better | 0.44 | 0.33 | Rank 40 |
| Volatility, 1 yearlower is better | 48.21% | 50.37% | Rank 58 |
Ten years in figures
| Year | Revenue | EBIT margin | FCF, €M | Shares | Net debt, €M |
|---|---|---|---|---|---|
| 2016 | €337.3M | 20.7% | 72.3 | 116M | −16.3 |
| 2017 | €395.6M | 21.9% | 88.6 | 116M | −24.0 |
| 2018 | €461.3M | 21.2% | 88.5 | 116M | 9.9 |
| 2019 | €556.9M | 22.2% | 141.1 | 116M | 49.3 |
| 2020 | €596.9M | 20.5% | 148.4 | 116M | 58.6 |
| 2021 | €681.5M | 25.2% | 204.4 | 116M | 37.6 |
| 2022 | €801.8M | 24.7% | 194.8 | 116M | −47.6 |
| 2023 | €851.6M | 23.4% | 240.2 | 116M | −191.7 |
| 2024 | €995.6M | 23.5% | 293.1 | 116M | 364.1 |
| 2025 | €1.2B | 25.2% | 368.1 | 116M | 152.6 |
5 of 7 StockScorer Score rules met · How the score is built
Nemetschek AG mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Nemetschek AG is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
5 of 7 rules met
9 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Nemetschek AG.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 34.4 | 35.1 |
| P/B ratio | 8.1 | 5.5 |
| Return on equity (ROE) | 23.4% | 14.6% |
| Equity ratio | 42.7% | 54.0% |
| Debt-to-equity (D/E) | 0.44 | 0.33 |
| Dividend yield | 1.1% | 0.9% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| NEM.DE | Nemetschek AGthis page | |
| PCOR | Procore Technologies Inc | locked |
| FROG | Jfrog Ltd | locked |
| CHYM | Chime Financial, Inc. Class A Common Stock | locked |
| GRAB | Grab Holdings Ltd | locked |
| BSY | Bentley Systems Inc | locked |
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