The Nemetschek stock has been able to gain significantly in the last 2 months and has climbed almost 40 percent. Since the beginning of the year, the share price has even increased by around 68 percent – making it one of the biggest winners in the current stock market year so far.

Most recently, the software specialist for the construction industry impressed with its Q3 figures – both revenue and profit could be increased. For the current year, Nemetschek has subsequently raised its forecast.

Nemetschek with strong quarterly figures In the months from July to the end of September, Nemetschek generated almost 220 million euros, 8.4 percent more than in the same period of the previous year. The company cited, among other things, catch-up and special effects as the reason for the strong revenue growth in Q3. After 9 months, revenue stands at 632 million euros, or 5.5 percent above the previous year’s level.

The result was also impressive in Q3. With 71.4 million euros, EBITDA was 13.6 percent higher than in the 3rd quarter of 2022. The EBITDA margin was 32.5 percent. With the growth in revenue and profit, Nemetschek has also revised its forecast for the current year.

While the EBITDA margin is now expected to be at the upper end of the range of 28 to 30 percent (after 9 months it is 29.8 percent), the currency-adjusted revenue growth for 2023 is now estimated to be between 6 and 8 percent – previously the forecast was 4 to 6 percent.

Nemetschek stock: long-term digitalization opportunities In recent months and weeks, Nemetschek’s share price has risen significantly, so that there could be corrections in the short term. The construction industry is still in a crisis, which does not leave the digitalization specialist unaffected. Most analysts are also skeptical and see targets significantly lower than the current level in some cases.

In the long run, however, the Nemetschek stock has potential. The margin is impressive and the company is growing in the lucrative software-as-a-service (SaaS) sector. In addition, the construction industry still has considerable catch-up potential in terms of digitalization. Nemetschek is excellently positioned here.