Basic Data

Ticker German Stock Exchange: NEM
Reuters: NEKG.DE
WKN 645290
ISIN DE0006452907
Share Capital in € 115,5 Mio. €
Number of shares
(bearer shares)
115.500.000 no par shares
Stock exchange listing Regulated market in Frankfurt, as well as over the counter trading in Berlin, Bremen, Düsseldorf, Hamburg, München and Stuttgart and on the XETRA with further admission obligations (Prime Standard)
Stock exchange indices MDAX, TecDAX, Technology All Share, Prime All Share, CDAX, HDAX, DAXsector All Software etc.
Free Float 49.1%
Designated Sponsors   ODDO BHF
IPO 10.03.1999
Global coordinator Dresdner Bank AG

Shareholder Structure

The Nemetschek Group follows a sustainable dividend policy which intends to make a distribution of around 25% of the operative cash flow to the shareholders.

Dividend distribution 2023:

The Annual General Meeting on May 23, 2024 approved a dividend of EUR 0.48 per share for financial year 2023.

Dividend Development:

Analyst Coverage

DateBankCityNamePrice TargetVotum
11/18/2024LBBW – Landesbank Baden-Württemberg Stuttgart Mirko Maier94.00 €Hold
11/15/2024Barclays London Alice Jennings125.00 €Overweight
11/14/2024Goldman Sachs London Mohammed Moawalla 105.00 €Neutral
11/13/2024BAADER Helvea Equity Research Unterschleißheim Knut Woller 94.00 €Reduce
11/11/2024UBSLondon Michael Briest 115.00 €Neutral
11/08/2024Deutsche Bank Frankfurt Nicolas Herms 100.00 €Hold
11/08/2024mwb researchHamburg Thomas Wissler 96.00 €Hold
11/08/2024DZ Bank Frankfurt Armin Kremser 60.00 €Sell
11/08/2024Oddo BHF Madrid Nicolas David 125.00 €Outperform
11/08/2024Citi Research London Balajee Tirupati120.00 €Buy
11/08/2024Metzler Frankfurt Oliver Frey 91.00 €Hold
11/07/2024Morgan Stanley London George Webb 97.00 €Equalweight
11/07/2024BNP Paribas Exane Frankfurt Martin Jungfleisch 120.00 €Outperfom
11/07/2024Bryan Garnier & Co. Paris Aurélien Deside83.00 €Neutral
11/07/2024Stifel London Chandramouli Sriraman 95.00 €Hold
11/07/2024Warburg Research Hamburg Andreas Wolf 85.00 €Hold
11/07/2024Berenberg Bank London Nay Soe Naing 88.00 €Hold
10/22/2024Hauck & Aufhäuser Hamburg Simon Keller 90.00 €Hold
08/05/2024BofA London Victor Cheng 70.00 €Underperform
08/01/2024BernsteinLondon Richard Nguyen90.00 €Hold
07/24/2024Kepler Cheuvreux Frankfurt Florian Treisch 92.00 €Hold
Average Target Price in € (MEDIAN)94.00 €

Analysts Addresses

Bank Analyst Phone Email
BAADER Helvea Equity ResearchKnut Woller+49 89 51501807knut.woller@baaderbank.de
BarclaysAlice Jennings
Sven Merkt
+44 20 3134 9087
+44 20 31341254
alice.jennings@barclays.com
sven.merkt@barclays.com
Berenberg BankNay Soe Naing+44 20 3753 3131 naysoe.naing@berenberg.com
BernsteinRichard Nguyen+33 1 42 13 54 22richard.nguyen@bernsteinsg.com
BNP Paribas ExaneMartin Jungfleisch+49 69 427297328martin.jungfleisch@bnpparibas.com
BofA SecuritiesVictor Cheng+44 207 996 0272victor.cheng@bofa.com
Bryan Garnier & Co.Aurélien Deside+33 7 85 685350adeside@bryangarnier.com
Citi ResearchBalajee Tirupati+44 207 500 6682balajee.tirupati@citi.com
Deutsche BankNicolas Herms +49 69 91013052nicolas.herms@db.com
DZ BankArmin Kremser+49 69 74473999armin.kremser@dzbank.de
Goldman SachsMohammed Moawalla
Deepshikha Agarwal
+44 207 774 1726
+1 212 934 6961
mohammed.moawalla@gs.com
Deepshikha.Agarwal@gs.com
Hauck & AufhäuserSimon Keller+49 40 414 388 573simon.keller@ha-ib.de
Kepler CheuvreuxFlorian Treisch+49 69 75696132ftreisch@keplercheuvreux.com
LBBW – Landesbank Baden-Württemberg Mirko Maier +49 711 12773264mirko.maier@lbbw.de
MetzlerOliver Frey+49 69 2104-4360Oliver.Frey@metzler.com
Morgan StanleyGeorge Webb+44 20 74252686George.Webb@morganstanley.com
mwb researchThomas Wissler+49 40 30929358t.wissler@alsterresearch.com
Oddo BHF BankNicolas David+34 660 711 068nicolas.david@oddo-bhf.com
StifelChandramouli Sriraman
David Vignon
+44 2074788050
+33 1 7098 3987
chandramouli.sriraman@stifel.com
david.vignon@stifel.com
UBSMichael Briest+44 20 7568 8367michael.briest@ubs.com
Warburg ResearchAndreas Wolf+49 40 309537140awolf@warburg-research.com