# Nemetschek Valuation

XETRA: NEM.DE · Reporting currency: EUR

[Interactive page](https://beanvest.com/stock/nem.de/valuation) · [JSON with these options](https://beanvest.com/stock/nem.de/valuation.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=7.7) · [Raw filing inputs](https://beanvest.com/api/v2/financials/nem.de)

Frequency: quarterly. Newest first. Retrieved: 2026-09-28T16:58:47.934Z.
Coverage: 2022-03-31 to 2026-06-30. Rows 1–18 of 18.
Snapshot checked: 2026-10-18T16:48:35.628Z. Last validated: 2026-10-18T16:48:35.628Z.
SBC deduction: disabled.

## Definitions

- **P/E** (`pe`, multiple): Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
- **PEG** (`peg`, multiple): Trailing P/E / year-over-year growth of TTM earnings per diluted share, expressed as a percentage number (20 for 20%). Each per-share basis uses TTM earnings attributable to common shareholders / split-normalized period diluted shares. Requires positive prior earnings and positive growth; uses reported history, not analyst forecasts.
- **P/S** (`ps`, multiple): Completed closing price × diluted shares / TTM revenue.
- **P/FCF** (`pfcf`, multiple): Completed closing price × diluted shares / TTM free cash flow. With Deduct SBC enabled, subtract reported SBC from FCF.
- **P/FCF / growth** (`pfcf_growth`, multiple): Trailing P/FCF / year-over-year growth of TTM FCF per diluted share, expressed as a percentage number (20 for 20%). FCF = operating cash flow − cash capital investment; each per-share basis uses split-normalized period diluted shares. Requires positive prior FCF and positive growth. Deduct SBC subtracts reported SBC from both trailing years.
- **P/OCF** (`pocf`, multiple): Completed closing price × diluted shares / TTM operating cash flow.
- **P/B** (`pb`, multiple): Completed closing price × diluted shares / period-end equity attributable to owners.
- **FCF yield** (`fcf_yield`, percent): TTM FCF / (completed closing price × diluted shares) × 100. Reflects the SBC option.
- **Earnings yield** (`earnings_yield`, percent): TTM earnings attributable to common shareholders / (completed closing price × diluted shares) × 100.
- **EV/Sales** (`ev_sales`, multiple): (Completed closing price × diluted shares + debt − cash) / TTM revenue. A simplified EV proxy; excludes preferred equity and minority interests.
- **EV/EBITDA** (`ev_ebitda`, multiple): (Completed closing price × diluted shares + debt − cash) / (TTM operating income + TTM reported depreciation and amortization).

## Values

| Period | End date | P/E (multiple) | PEG (multiple) | P/S (multiple) | P/FCF (multiple) | P/FCF / growth (multiple) | P/OCF (multiple) | P/B (multiple) | FCF yield (percent) | Earnings yield (percent) | EV/Sales (multiple) | EV/EBITDA (multiple) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-Q2 | 2026-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2026-Q1 | 2026-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q4 | 2025-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q3 | 2025-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q2 | 2025-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2025-Q1 | 2025-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q4 | 2024-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q3 | 2024-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q2 | 2024-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2024-Q1 | 2024-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q4 | 2023-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q3 | 2023-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q2 | 2023-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2023-Q1 | 2023-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2022-Q4 | 2022-12-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2022-Q3 | 2022-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2022-Q2 | 2022-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| 2022-Q1 | 2022-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |

## Historical comparison

- pe: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- peg: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- ps: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- pfcf: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- pfcf_growth: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- pocf: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- pb: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- fcf_yield: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- earnings_yield: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- ev_sales: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.
- ev_ebitda: mean Unavailable, median Unavailable, 0 valid observations. Comparison unavailable.

## Unavailable values

- pe: Diluted share count is unavailable in the extracted statements for this period.
- peg: Two complete TTM earnings bases and their diluted share counts are required for year-over-year growth.
- ps: Diluted share count is unavailable in the extracted statements for this period.
- pfcf: Diluted share count is unavailable in the extracted statements for this period.
- pfcf_growth: Two complete TTM FCF bases and their diluted share counts are required for year-over-year growth.
- pocf: Diluted share count is unavailable in the extracted statements for this period.
- pb: Diluted share count is unavailable in the extracted statements for this period.
- fcf_yield: Diluted share count is unavailable in the extracted statements for this period.
- earnings_yield: Diluted share count is unavailable in the extracted statements for this period.
- ev_sales: Reported borrowing balances are unavailable in the extracted statements for this period.
- ev_ebitda: Reported borrowing balances are unavailable in the extracted statements for this period.
- peg: The matching period one year earlier is unavailable.
- pfcf_growth: The matching period one year earlier is unavailable.
- pe: A complete trailing 12-month reporting basis is unavailable.
- peg: A complete trailing 12-month reporting basis is unavailable.
- ps: A complete trailing 12-month reporting basis is unavailable.
- pfcf: A complete trailing 12-month reporting basis is unavailable.
- pfcf_growth: A complete trailing 12-month reporting basis is unavailable.
- pocf: A complete trailing 12-month reporting basis is unavailable.
- fcf_yield: A complete trailing 12-month reporting basis is unavailable.
- earnings_yield: A complete trailing 12-month reporting basis is unavailable.
- ev_sales: A complete trailing 12-month reporting basis is unavailable.
- ev_ebitda: A complete trailing 12-month reporting basis is unavailable.

## Sources

- [Nemetschek annual financial figures](https://tools.cms-eqs.com/cbebd4/content/figures?localeCode=en&slug%5B%5D=annual) · Retrieved 2026-09-28T02:08:26.360Z · SHA-256 ea1af38ef7fa495b14630c9b95c690b26e810b81e1a10d303e72bb569b90e58e
- [Q1 statement / Q1 financial report 2023](https://ir.nemetschek.com/media/document/32561f1e-7ace-44a0-8ffa-39415d4576fb/assets/DE0006452907-Q1-2023-EQ-E-00.pdf) · Retrieved 2026-09-28T01:34:50.793Z · SHA-256 93ec5064331b0c105229df42b375716af19a9204da82c1944b831d925d7086cf
- [Half-yearly financial report 2023](https://ir.nemetschek.com/media/document/b4b760a5-06d5-412a-a4a0-3a8ae65e6f4f/assets/DE0006452907-Q2-2023-EQ-E-00.pdf) · Retrieved 2026-09-28T01:36:51.215Z · SHA-256 4e6ce5217440c62448061a4a9e404fd7a27e0b054c21f97e52592b33edf54387
- [Q3 statement / Q3 financial report 2023](https://ir.nemetschek.com/media/document/04f00c14-56d1-4673-8601-56d3cfefaa2f/assets/DE0006452907-Q3-2023-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 d0cd982e19644a9b46e05dc02913103f24a01c9ad4a093a4a5863027c2939d81
- [Q1 statement / Q1 financial report 2024](https://ir.nemetschek.com/media/document/218868a5-b463-43f6-af75-ec5a2522a5f7/assets/DE0006452907-Q1-2024-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 6652be2e7b9c1d26b82a5d615bd1fb04541dc7198fb03e521d0ae9a181028054
- [Half-yearly financial report 2024](https://ir.nemetschek.com/media/document/6d97dc15-0f13-48f0-a809-94759e0046a4/assets/DE0006452907-Q2-2024-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 741d57447c58415a2c6fb020c6b2d7a67b5ff16cc21ec9382c62577982bd0c61
- [Q3 statement / Q3 financial report 2024](https://ir.nemetschek.com/media/document/85cab727-e1ab-42f9-88ea-bc4995f575f5/assets/DE0006452907-Q3-2024-EQ-E-01.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 f56a4c4934e9287104b7a283d3ddd9b00640250aa50165d96fa8ebeb1667372e
- [Q1 statement / Q1 financial report 2025](https://ir.nemetschek.com/media/document/278eb28e-d392-4ac9-bbc7-27e85dfd3784/assets/DE0006452907-Q1-2025-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 d364705de7b224ccc5d354e018b61895680ddc446982aba0f3a7999ecbd502b3
- [Half-yearly financial report 2025](https://ir.nemetschek.com/media/document/9c08c7c5-37f5-4348-bb86-0fa1e0acc108/assets/DE0006452907-Q2-2025-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 da35c2b458608ee6ebdce570529024890b480de1a44a07683f264d26d32e04a3
- [Q3 statement / Q3 financial report 2025](https://ir.nemetschek.com/media/document/d68ad6ea-6ff4-4665-8878-5d6b21beda65/assets/Nemetschek-Q3-2025-Quartaly-Statement_locked.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 0bfc380adc605d95c7d8877a0e6ed85765dc4b9e7c23454d2b84dff902363071
- [Q1 statement / Q1 financial report 2026](https://ir.nemetschek.com/media/document/f18252d2-145d-418a-a82b-67fe66eec334/assets/DE0006452907-Q1-2026-EQ-E-01.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 44df1cb98187b5733f80a1a63bab70a3ea9e549156f8aa012c5489c5891ec90b
- [Half-yearly financial report 2026](https://ir.nemetschek.com/media/document/8ef227e8-a6cf-4491-9362-6422d085c0c6/assets/DE0006452907-Q2-2026-EQ-E-00.pdf) · Retrieved 2026-09-28T01:42:04.451Z · SHA-256 12ef281a5364245d53038aaf93a0657921d90620652db480dc6746ebf713abef

## Data conventions

- Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise.
- Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled.
- FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable.
- SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid.
- Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts.
- Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest.
- Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value.
- Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot.
- WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.
