Nemetschek SE/€NEM

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About Nemetschek SE

Nemetschek SE is a globally active software provider specializing in the architecture, engineering, and construction (AEC) industry. The company develops and distributes an array of software solutions for design, construction, and facility management, offering tools for building information modeling (BIM) that improve collaboration and efficiency throughout the project lifecycle. Founded in 1963 by Prof. Georg Nemetschek in Munich, Germany, Nemetschek operates with a significant international presence and maintains its headquarters in Munich. The company's strategic focus on digital transformation within the AEC industry positions it to address the evolving technological needs of its client base.

Ticker

€NEM

Sector

Software & Cloud Services

Primary listing

XETRA

Employees

4,041

Nemetschek SE Metrics

BasicAdvanced
€12B
64.91
€1.63
0.67
€0.55
0.52%

Bulls say / Bears say

Nemetschek reported a 30.5% currency-adjusted increase in Q2 2025 revenue to €290.0 million, reflecting robust demand across its segments (Nemetschek Q2 2025 Release)
Subscription and SaaS revenues surged 72.5% in Q2 to €208.5 million, driving ARR to a new record high of €1.078 billion and raising the share of recurring revenue to 92% of total sales (Nemetschek Q2 2025 Release)
Based on strong H1 performance, Nemetschek raised its 2025 currency-adjusted revenue growth outlook to 20–22% while maintaining an EBITDA margin guidance of around 31%, underscoring management’s confidence in sustained profitability (RTTNews)
J.P. Morgan forecasts Nemetschek’s 2025 organic growth at just 13–14%, falling short of consensus mid-teens estimates and signaling potential downside to revenue momentum (Investing.com)
J.P. Morgan analysts warned that recent acquisitions and the scaling of SaaS sales could pressure operating margins, as these models often carry lower gross margins compared to traditional license revenues (Investing.com)
Analysts note Nemetschek trades at a forward P/E of around 42× FY26 earnings, well above industrial software peers, implying an elevated valuation with limited room for error (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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