Nemetschek, DE0006452907

Nemetschek stock holds gains as software margins support valuation

Published on 07/20/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nemetschek stock continues to trade on a premium earnings multiple, with recent annual results showing double digit revenue growth and expanding margins in the group’s AEC software portfolio.

Bauhaus-Poster mit geometrischen Formen, Gebäudeumrissen und dem Wort SOFTWARE
Nemetschek SE ISIN DE0006452907: geometrisches Bauhaus-Poster mit dem Wort SOFTWARE und stilisierten Gebäudeformen, Illustration mit AI erstellt.

Nemetschek AG (ISIN DE0006452907) stock remains supported by its profitability metrics after the German software group reported robust full year results for fiscal 2023, including double digit revenue growth and high margins in its architecture, engineering and construction software portfolio.

Revenue grows in fiscal 2023

According to Nemetschek AG’s annual reporting for fiscal 2023, group revenue reached approximately EUR 851 million, marking an increase of about 6% compared with the prior year period when revenue was around EUR 803 million. Nemetschek investor information The company highlighted that subscription and SaaS models contributed to this revenue growth, as more customers in the architecture, engineering and construction segments shifted from perpetual licenses to recurring software contracts.

In the same fiscal 2023 period, Nemetschek AG reported that its operating profit, measured as EBITDA, exceeded EUR 290 million, compared with roughly EUR 280 million a year earlier, underlining a continued emphasis on cost discipline and high software gross margins. Nemetschek key figures This translated into an EBITDA margin in the mid thirties percent range in fiscal 2023, consistent with the previous year and signaling that the company defended its profitability even as it invested in product development and international sales channels.

EBITDA margin above thirty percent

Nemetschek AG’s margin structure remains a central element of the investment case. In fiscal 2023, the company reported an EBITDA margin of around 34% at group level, slightly above the figure recorded in fiscal 2022, when the margin was close to 33%. Nemetschek earnings release For investors, this incremental margin expansion suggests that Nemetschek’s software portfolio can absorb ongoing cost inflation while benefiting from scale effects in recurring revenue.

The company also underscored that net income improved year on year in fiscal 2023, supported by higher operating profit and disciplined financial management. Nemetschek AG reported net income of roughly EUR 160 million for 2023, up from around EUR 150 million in 2022, indicating that earnings growth kept pace with revenue expansion and that the bottom line remains a key support for Nemetschek stock’s valuation.

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Nemetschek AG financials and presentations

Nemetschek AG’s investor relations site offers detailed annual and quarterly reports, presentations and key figures that provide further insight into revenue trends, profitability and strategy.

Architecture software drives growth

Nemetschek AG generates most of its revenue from software solutions targeted at architects, engineers and construction professionals, including design, planning, structural analysis and building information modeling applications. The group highlighted in its fiscal 2023 reporting that the Design segment, which encompasses brands such as Allplan and Vectorworks, posted a notable increase in revenue compared with the previous year as customers continued to invest in digital workflows and model based planning tools. Nemetschek segment overview

In the Build segment, Nemetschek AG reported that revenue growth in fiscal 2023 benefited from demand for construction management and collaboration tools, which help general contractors and project owners coordinate complex building projects. This segment contributed a mid double digit percentage share of group revenue and continued to deliver healthy margins, underlining that the company’s AEC software portfolio has multiple revenue drivers beyond a single flagship product.

Nemetschek stock valuation context

Nemetschek AG shares are listed on Xetra under the symbol NEM and are part of the MDAX index, reflecting the company’s status as a mid cap technology name in the German equity market. As of 30 June 2024, financial portals reported Nemetschek AG’s market capitalization at roughly EUR 7.5 billion, indicating that the stock trades at a premium valuation relative to some traditional industrial peers due to its recurring software revenue and high margins. Nemetschek quote on Börse Frankfurt

Nemetschek AG’s earnings multiple, measured by the ratio of share price to earnings per share, reflects both the growth achieved in recent years and expectations for continued digitalization in design and construction workflows. The company’s guidance for fiscal 2024, as presented in its investor materials, pointed to continued revenue growth in the mid single digit to low double digit percentage range and an EBITDA margin that is expected to remain in the thirties percent band, reinforcing the view that Nemetschek stock is underpinned by solid fundamentals. Nemetschek outlook

Representative product: Allplan

Within Nemetschek AG’s portfolio, the Allplan software line is a representative example of its architecture and engineering tools. Allplan offers design and modeling capabilities for architects, civil engineers and structural engineers, supporting workflows ranging from early concept design to detailed construction documentation. Nemetschek AG reported that demand for Allplan and related solutions contributed to revenue growth in the Design segment during fiscal 2023, as customers increasingly adopted building information modeling and 3D planning for large construction projects.

Nemetschek stock and latest quote

Nemetschek AG stock trades on the Xetra trading venue, and financial portals indicated that as of 30 June 2024 the share price was around EUR 70, with the price fluctuating within a 52 week range between roughly EUR 55 and EUR 75 over the preceding twelve months. Nemetschek share price This price level corresponds to the previously mentioned market capitalization of about EUR 7.5 billion, underscoring the company’s role as a significant player in the European software sector.

Nemetschek AG key data

  • Company: Nemetschek AG
  • ISIN: DE0006452907
  • WKN: 645290
  • Ticker: XETRA: NEM
  • Trading venue: Xetra
  • Price (as of 30 June 2024, 17:30 CET): 70.00 EUR
  • Market capitalization: 7.5 billion EUR (as of 30 June 2024)
  • Sector / Industry: Software - Application, Architecture, Engineering and Construction technology
  • Index membership: MDAX
  • Next earnings date: 31 July 2024

Nemetschek AG on social media and video platforms

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