Download PDF

1. Company Snapshot

1.a. Company Description

Mensch und Maschine Software SE provides computer aided design, manufacturing, and engineering (CAD/CAM/CAE), product data management, and building information modeling/management solutions in Germany and internationally.It operates in two segments, VAR Business and M+M Software.The VAR Business segment sells CAD software to end users, as well as provides associated services.


The M+M Software segments develops CAD/CAM/CAE software.The company offers software solutions that are used for the process control of milling, drilling, and turning in various industries, such as mechanical engineering; tool, mold, and die making; automotive and aerospace industry; process control; medical technology; and toy industry, as well as watch, clock, and jewelry manufacturing.Mensch und Maschine Software SE was founded in 1984 and is headquartered in Starnberg, Germany.

Show Full description

1.b. Last Insights on MUM

Mensch und Maschine Software SE faced a challenging quarter, with its second-quarter 2025 earnings missing expectations. Revenue declined 27% to €54.8m. The company's financial performance was likely impacted by evolving business conditions, although specific details are not provided. With no recent announcements on new products, acquisitions, or legal issues, the focus remains on the company's ability to adapt to changing market conditions and meet future expectations.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Is There Now An Opportunity In Mensch und Maschine Software SE (ETR:MUM)?

Oct -30

Card image cap

European Dividend Stocks To Watch In September 2025

Sep -19

Card image cap

Mensch und Maschine Software SE's (ETR:MUM) Intrinsic Value Is Potentially 80% Above Its Share Price

Sep -12

Card image cap

Societe Generale: shares & voting rights as of 31 August 2025

Sep -09

Card image cap

Assessing Acciona (BME:ANA)'s Valuation After Recent Subtle Moves

Sep -09

Card image cap

Deutsche Bank (XTRA:DBK): Assessing Valuation After a Period of Quiet Share Price Momentum

Sep -09

Card image cap

Is Vaisala (HLSE:VAIAS) Undervalued? A Fresh Look at Its Current Valuation

Sep -09

Card image cap

Has Evotec’s 29.5% Price Drop Created a New Opportunity for 2025?

Sep -09

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.83%)

6. Segments

M+M Digitization

Expected Growth: 2.5%

M+M Digitization's 2.5% growth is driven by increasing demand for Industry 4.0 solutions, adoption of digital twins, and rising need for data analytics in manufacturing. Additionally, Mensch und Maschine Software SE's strong presence in Europe and expanding partner network contribute to the segment's growth.

M+M Software

Expected Growth: 3.5%

M+M Software's 3.5% growth is driven by increasing demand for CAD and CAM solutions, particularly in the automotive and aerospace industries. Expanding product portfolio, strategic partnerships, and growing presence in emerging markets also contribute to growth. Additionally, the company's focus on digitalization and Industry 4.0 solutions resonates with customers, further fueling growth.

7. Detailed Products

DATAcademy

A comprehensive e-learning platform for CAD, CAE, and CAM training

PORTAL

A web-based collaboration platform for data management and workflow optimization

VIEWER

A 2D/3D visualization and collaboration tool for CAD data

CONVERTER

A data conversion and migration tool for CAD data

VALIDATOR

A quality control and validation tool for CAD data

CUSTOMER SERVICES

Consulting, training, and support services for CAD, CAE, and CAM solutions

8. Mensch und Maschine Software SE's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Mensch und Maschine Software SE is moderate, as there are alternative software solutions available in the market, but the company's specialized software and strong customer relationships reduce the likelihood of customers switching to substitutes.

Bargaining Power Of Customers

The bargaining power of customers is low, as Mensch und Maschine Software SE has a diverse customer base and no single customer accounts for a significant portion of its revenue, reducing the customers' bargaining power.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as Mensch und Maschine Software SE relies on a few key suppliers for its software development, but the company's strong relationships with these suppliers reduce the suppliers' bargaining power.

Threat Of New Entrants

The threat of new entrants is high, as the software industry is highly competitive and new companies can easily enter the market, but Mensch und Maschine Software SE's established brand and customer relationships provide a barrier to entry.

Intensity Of Rivalry

The intensity of rivalry is high, as the software industry is highly competitive and there are many established players, but Mensch und Maschine Software SE's specialized software and strong customer relationships help the company to differentiate itself from its competitors.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 11.85%
Debt Cost 5.28%
Equity Weight 88.15%
Equity Cost 9.01%
WACC 8.57%
Leverage 13.44%

11. Quality Control: Mensch und Maschine Software SE passed 8 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Mensch und Maschine Software

A-Score: 5.5/10

Value: 2.5

Growth: 7.0

Quality: 7.7

Yield: 6.2

Momentum: 2.0

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Shoper

A-Score: 5.3/10

Value: 0.9

Growth: 9.4

Quality: 8.1

Yield: 1.9

Momentum: 7.5

Volatility: 4.0

1-Year Total Return ->

Stock-Card
TXT

A-Score: 4.8/10

Value: 3.7

Growth: 9.1

Quality: 3.9

Yield: 1.2

Momentum: 6.5

Volatility: 4.3

1-Year Total Return ->

Stock-Card
Quadient

A-Score: 4.7/10

Value: 8.6

Growth: 3.3

Quality: 4.1

Yield: 5.6

Momentum: 2.0

Volatility: 4.7

1-Year Total Return ->

Stock-Card
Sapiens

A-Score: 4.5/10

Value: 1.3

Growth: 6.2

Quality: 7.6

Yield: 3.8

Momentum: 7.0

Volatility: 1.0

1-Year Total Return ->

Stock-Card
NCC Group

A-Score: 3.4/10

Value: 4.5

Growth: 2.0

Quality: 2.6

Yield: 4.4

Momentum: 2.5

Volatility: 4.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

43.45$

Current Price

43.45$

Potential

-0.00%

Expected Cash-Flows