Mensch und Maschine Software S.E.

Mensch und Maschine Software is a global enterprise based in Germany. Its business activities are concentrated in the fields of CAD and CAM (Computer Aided Design & Manufacturing) solutions, which it divides into four industry segments: Mechanical engineering solutions segment (about 50% of Co.'s business); Construction industry and building services segment (approximately 25% of Co's activities); Gardening and landscaping segment (about 15% of Co.'s business); and the Electrical engineering segment (about 10% of Co.'s business). In addition, Co. divides its business operations into three sections: Distribution,VAR Business and Software.
  • TickerMUM
  • ISINDE0006580806
  • SectorSoftware & Computer Services
  • CountryGermany

Analysts

Richard Williamson

Mensch & Maschine Software - VAR acceleration boosts profitability

Mensch und Maschine (M+M) reported 9M19 revenue growth of 30% year-on-year (23% organic) and EBIT growth of 40% (23% organic). The Software business revenue growth of 37% benefited from the first-time consolidation of SOFiSTiK in addition to organic growth of 12%. The VAR business has seen strong organic revenue growth year to date, resulting in EBIT margin expansion at a divisional and group level.

An unfavourable environment weighs on MENSCH UD.MASCHINE SFTW., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of MENSCH UD.MASCHINE SFTW. (DE), active in the Software industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 23, 2019, the closing price was EUR 29.70 and its target price was estimated at EUR 25.98.

Katherine Thompson

Mensch & Maschine Software - VAR acceleration boosts profitability

Mensch und Maschine (M+M) reported H119 revenue growth of 27% year-on-year, of which 20% was organic, and EPS growth of 27%. The Software business revenue growth of 34% benefited from the first-time consolidation of SOFiSTiK in addition to organic growth of 10%. The VAR business saw strong organic revenue growth in H1 resulting in EBIT margin expansion at a divisional and group level.

Richard Williamson

Mensch & Maschine Software - VAR acceleration boosts profitability

Mensch und Maschine (M+M) reported 9M19 revenue growth of 30% year-on-year (23% organic) and EBIT growth of 40% (23% organic). The Software business revenue growth of 37% benefited from the first-time consolidation of SOFiSTiK in addition to organic growth of 12%. The VAR business has seen strong organic revenue growth year to date, resulting in EBIT margin expansion at a divisional and group level.

Katherine Thompson

Mensch & Maschine Software - VAR acceleration boosts profitability

Mensch und Maschine (M+M) reported H119 revenue growth of 27% year-on-year, of which 20% was organic, and EPS growth of 27%. The Software business revenue growth of 34% benefited from the first-time consolidation of SOFiSTiK in addition to organic growth of 10%. The VAR business saw strong organic revenue growth in H1 resulting in EBIT margin expansion at a divisional and group level.

Daniel Großjohann

MuM hebt nach starkem H1 den Umsatzausblick an

Im ersten Halbjahr zeigte Mensch und Maschine mit einem 27%igen Umsatz- und 36% EBIT-Zuwachs erneut dynamisches Wachstum. Organisch legte der Umsatz 20% zu, den Rest steuerte die übernommene Sofistik bei. MuM hat nach dem guten ersten Halbjahr die Umsatzprognose angehoben. Da unsere bisherigen Schätzungen Umsatz- und EBIT-seitig bereits leicht oberhalb der Prognose lagen, belassen wir unsere Schätzungen unverändert. Die Veränderung im fairen Wert ist somit nur auf die Peer-Analyse zurückzuführen, bei einem Kurspotenzial von unter 10% lautet unsere Empfehlung weiterhin „Halten“.

Cosmin Filker ...
  • Felix Haugg
  • Marcel Goldmann
  • Matthias Greiffenberger

GBC Best of m:access I.2019 - 14.05.19

Liebe Investoren,  jedes Jahr wird die Attraktivität des Münchner Börsensegments m:acces unter Beweis gestellt. Auch in 2018 und in den ersten Monaten des laufenden Jahres 2019 haben sich mehrere Emittenten für ein Listing im m:access entschieden, wohingegen keine freiwilligen Abgänge verzeichnet wurden. Mit den insgesamt neun Zugängen seit Anfang 2018, denen insolvenzbedingt zwei Abgänge gegenüberstehen, umfasst das Münchner Börsensegment mittlerweile einen neuen Rekordwert von 60 Unternehmen unterschiedlicher Branchen mit einer Gesamtmarktkapitalisierung in Höhe von nahezu 12 Mrd. Euro (Sta...

Daniel Großjohann

MuM - Hohes Wachstum zum Jahresstart

Mit einen Umsatzwachstum von 30%, das weit überwiegend auf organisches Wachstum (+23%) zurückzuführen war, hatte die Mensch und Maschine Software SE einen überzeugenden Start ins Geschäftsjahr. Das Wachstum wurde dabei von beiden Segmenten getragen. Das EBIT legte mit +39% (bzw. 26% organisch) überproportional zu, die operative Marge verbesserte sich entsprechend. Wir haben unsere Schätzungen für 2019ff angehoben und liegen bezogen auf Umsatz und EBIT leicht oberhalb der Guidance des Unternehmens. Mit einem 2019er KGV von rd. 36 scheint uns das Unternehmen aktuell angemessen bewertet.

A director bought 40,000 shares at 16.600EUR and

A director at Mensch & Maschine Software Ag bought 40,000 shares at 16.600EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules...

An unfavourable environment weighs on MENSCH UD.MASCHINE SFTW., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of MENSCH UD.MASCHINE SFTW. (DE), active in the Software industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date August 23, 2019, the closing price was EUR 29.70 and its target price was estimated at EUR 25.98.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch