buy

Nemetschek SE buy ValueFreak

Nemetschek SE

Start price

€3.83

/ 50%

Target price

27.01.15

Performance (%)

End price

€7.07

Summary

This prediction ended on with a price of €7.07. With a performance of the BUY prediction by ValueFreak was a big success. ValueFreak has a follow-up prediction for Nemetschek SE where he still thinks Nemetschek SE is a Buy. ValueFreak has 50% into this prediction

Performance without dividends (%)

Name	1w	1m	1y	3y
Nemetschek SE
iShares Core DAX®
iShares Nasdaq 100
iShares Nikkei 225®
iShares S&P 500

According to ValueFreak what are the pros and cons of Nemetschek SE for the foreseeable future?

Pros

Revenue growth >5% per year expected

EBIT growth >5% per year expected

Good rating

Very positive Cash Flow expected

High Investments for future growth

Very capable Management

Very good company culture

Leading role in innovation

Strong uniques

Very differentiated customer and product portfolio

Growths faster than the competition

Sustainability is important

Stable Large shareholder and/or long term investor

Market Leader or Top 3

Small cyclical dependencies

very positive Image

Very Future proof/growth oriented business model

Well known brand

Cons

Low dividend yield expected

Comments by ValueFreak for this prediction

In the thread Nemetschek SE diskutieren

Prediction Buy

Perf. (%)

Target price 4.667

Change

Ends at

Steigende Margen

In ihrem jüngsten Quartalsbericht weist die Firma steigende Umsätze (5%) und verbesserte Nettomargen (13,2%) aus. Der Gewinn pro Aktie konnte von 0,45 auf 0,55 EUR gesteigert werden. Besonders erfreulich entwickelte sich der Free Cashflow. Er liegt für die abgelaufenen 12 Monate bei 34,1 Mill. EUR und entsprechend üppig ist die in der Bilanz ausgewiesene Cash Position des schuldenfreien Unternehmens.

Der früher gegebene Ausblick auf das Geschäftsjahr wurde vom Vorstand bestätigt. Nemetschek wird als möglicher Kandidat für den TecDAX genannt.

Fiscal year ending 31 Dec 2007 2008 2009 2010 2011 2012 2012.25 Balance Sheet (000) EUR Current Liabilities 54,060 46,297 45,346 58,405 51,179 46,906 54,740 Noncurrent Liabilities 69,514 53,208 34,428 13,446 7,532 6,099 5,831 Total Equity 62,886 67,904 79,585 93,467 103,713 111,998 117,559 Stockholders Equity 62,886 66,659 78,127 92,098 102,364 110,683 115,783 Total Assets 186,460 167,409 159,359 165,318 162,424 165,003 178,130 Current Assets 61,494 51,986 52,833 63,103 65,717 74,370 88,920 Cash 29,121 23,227 22,861 30,634 33,501 44,283 56,040 Revenue & Profit (000) EUR Revenue 146191 150371 135,618 149,745 164,011 175,089 177,197 Net Income (Total) 15587 11368 12,945 20,068 22,447 20,482 20,783 Net Income (Stockholder) 15587 11368 12,230 18,945 20,805 18,872 19,069 Free Cashflow -77,100 25,700 19,800 28,500 31,500 30,286 34,119 Share Data Number of Shares (000) 9,625 9,625 9,625 9,625 9,625 9,625 9,625 Period End Price (EUR) 21.55 10.38 16.14 31.50 25.80 33.20 47.03 Ratios Equity / Share 6.53 7.05 8.27 9.71 10.78 11.64 12.21 Liquidationvalue / Share -5.51 -4.03 -2.07 -0.33 1.23 2.69 3.31 Diluted Earning / Share 1.52 1.08 1.27 1.97 2.16 2.13 2.23 Dividend / Share 0.65 0.00 0.50 1.00 1.15 1.15 Dil. EPS with reinv. Dividend (EUR) 1.52 1.11 1.31 2.09 2.37 2.44 2.64 Price / Earnings 14.18 9.61 12.71 15.99 11.94 15.59 21.09 Price / Bookvalue 3.30 1.47 1.95 3.24 2.39 2.85 3.85 Equity Ratio 33.7% 40.6% 49.9% 56.5% 63.9% 67.9% 66.0% Current Ratio 113.8% 112.3% 116.5% 108.0% 128.4% 158.6% 162.4% Long Term Debt / Free Cashflow -0.90 2.07 1.74 0.47 0.24 0.20 0.17 Key Performance Indicators (KPI's) ROI 11.77% 9.39% 11.35% 18.77% 20.18% 17.34% 16.84% Net Margin 10.66% 7.56% 9.55% 13.40% 13.69% 11.70% 11.73% Revenue Growth 2.86% -9.81% 10.42% 9.53% 6.75% 4.90% EPS Growth (with reinv. dividend) -26.80% 17.59% 59.92% 13.13% 3.01% 37.68% Free Cashflow Growth 133.33% -22.96% 43.94% 10.53% -3.85% 61.07%