Nemetschek SE
DUS:NEM

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Nemetschek SE
DUS:NEM
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Price: 68.45 EUR 3.01%
Market Cap: €7.9B

EV/EBIT

25
Current
44%
Cheaper
vs 3-y average of 45.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
25
=
Enterprise Value
€8.2B
/
EBIT
€312.4m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
25
=
Enterprise Value
€8.2B
/
EBIT
€312.4m

Valuation Scenarios

Nemetschek SE is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (45.1), the stock would be worth €123.21 (80% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-38%
Maximum Upside
+92%
Average Upside
26%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 25 €68.45
0%
3-Year Average 45.1 €123.21
+80%
5-Year Average 48 €131.13
+92%
Industry Average 17.9 €48.89
-29%
Country Average 15.5 €42.49
-38%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€8.2B
/
Jan 2026
€312.4m
=
25
Current
€8.2B
/
Dec 2026
€376.9m
=
21.7
Forward
€8.2B
/
Dec 2027
€439.8m
=
18.6
Forward
€8.2B
/
Dec 2028
€501.6m
=
16.3
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
DE
Nemetschek SE
DUS:NEM
7.8B EUR 25 35.4
US
Ezenia! Inc
OTC:EZEN
567B USD -177 298 -180 630.8
US
Palantir Technologies Inc
NASDAQ:PLTR
347.9B USD 249 220.9
DE
SAP SE
XETRA:SAP
176.3B EUR 16.5 23.9
US
Salesforce Inc
NYSE:CRM
175.3B USD 20.1 23.9
US
Applovin Corp
NASDAQ:APP
160.1B USD 39.2 48.6
US
Intuit Inc
NASDAQ:INTU
112.3B USD 20.9 25.9
US
Adobe Inc
NASDAQ:ADBE
100.4B USD 11.2 14.3
US
NCR Corp
LSE:0K45
93.7B USD 652.4 2 231.7
US
Synopsys Inc
NASDAQ:SNPS
89.5B USD 99.8 82.1
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.6B USD 53.6 80.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
DE
Nemetschek SE
DUS:NEM
Average EV/EBIT: 118.8
25
17%
1.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
249
82%
3
DE
SAP SE
XETRA:SAP
16.5
15%
1.1
US
Salesforce Inc
NYSE:CRM
20.1
29%
0.7
US
Applovin Corp
NASDAQ:APP
39.2
37%
1.1
US
Intuit Inc
NASDAQ:INTU
20.9
31%
0.7
US
Adobe Inc
NASDAQ:ADBE
11.2
17%
0.7
US
N
NCR Corp
LSE:0K45
652.4
23%
28.4
US
Synopsys Inc
NASDAQ:SNPS
99.8
79%
1.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
53.6
28%
1.9
P/E Multiple
Earnings Growth PEG
DE
Nemetschek SE
DUS:NEM
Average P/E: 278.7
35.4
24%
1.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NASDAQ:PLTR
220.9
58%
3.8
DE
SAP SE
XETRA:SAP
23.9
17%
1.4
US
Salesforce Inc
NYSE:CRM
23.9
29%
0.8
US
Applovin Corp
NASDAQ:APP
48.6
38%
1.3
US
Intuit Inc
NASDAQ:INTU
25.9
30%
0.9
US
Adobe Inc
NASDAQ:ADBE
14.3
20%
0.7
US
N
NCR Corp
LSE:0K45
2 231.7
52%
42.9
US
Synopsys Inc
NASDAQ:SNPS
82.1
44%
1.9
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.7
39%
2.1

Market Distribution

Higher than 75% of companies in Germany
Percentile
75th
Based on 2 187 companies
75th percentile
25.9
Low
0.1 — 10.6
Typical Range
10.6 — 23.1
High
23.1 —
Distribution Statistics
Germany
Min 0.1
30th Percentile 10.6
Median 15.5
70th Percentile 23.1
Max 672.9

Nemetschek SE
Glance View

In the heart of Germany, Nemetschek SE has firmly rooted itself as a global leader in software solutions for the architecture, engineering, and construction (AEC) industry. Founded in 1963 by Professor Georg Nemetschek, the company has leveraged decades of experience to innovate and expand its offerings rapidly. Initially known for its early venture into structural engineering software, Nemetschek has since diversified its portfolio to encompass an impressive range of design, construction, and facility management tools. The company's strategy targets the intricate needs of the AEC sector by providing software that enhances productivity throughout the building lifecycle, notably with its Building Information Modeling (BIM) technology, which allows seamless collaboration and information exchange among professionals. Nemetschek's business model thrives on a combination of software licenses, service contracts, and maintenance agreements, catering to a diverse clientele that spans architects, engineers, contractors, and building managers worldwide. It segments its operations into four key areas: design, build, manage, and media & entertainment, thus ensuring a comprehensive approach to serving its market. By capitalizing on the industry's shift towards digitalization and smart construction techniques, Nemetschek has embedded itself as a fundamental player in driving efficiency and innovation. The company's continual growth trajectory is fueled by organic development and strategic acquisitions, consistently underlining its commitment to sustainability and technological advancement in the built environment.

NEM Intrinsic Value
64.08 EUR
Overvaluation 6%
Intrinsic Value
Price €68.45
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