Mensch und Maschine Software SE (MUM) AI Stock Analysis

• Market Cap: €594.17M
• Dividend Yield: 4.15%
• Average Volume (3M): 13.41K
• Price to Earnings (P/E): 23.5
• Beta (1Y): 0.46
• Revenue Growth: -33.50%
• EPS Growth: -6.00%
• Country: DE
• Employees: 1,194
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.47
• Shares Outstanding: 17,149,052
• 10 Day Avg. Volume: 15,791
• 30 Day Avg. Volume: 13,412
• PEG Ratio: 3.85
• Price to Book (P/B): 9.52
• Price to Sales (P/S): 3.14
• P/FCF Ratio: 53.36
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.22
• Revenue Forecast (FY): €256.68M

• Rating: 58 Neutral
• Price Target: €37.00 ▼(-15.91% Downside)
• Action: Reiterated Date: 03/20/26
• Date: Action: Reiterated 03/20/26

The score is primarily held back by 2025 financial red flags (revenue/gross margin pressure, weaker cash conversion, and higher leverage). Technicals also reflect a clear downtrend with weak momentum. These negatives are partially offset by historically solid profitability/ROE and a supportive dividend yield.

Positive Factors

High return on equity and sustained profitability

Multi-year high ROE (~25%–40%) and historically solid profitability show efficient capital allocation and strong margins. This durable profitability indicates the business can generate shareholder returns and absorb cyclical shocks, supporting investment and dividend capacity over months.

Negative Factors

Sharp 2025 revenue and gross-margin decline

A large year-over-year revenue collapse and halving of gross margin materially change the company's economics. Such structural mix or pricing shifts reduce long-term earnings quality and create uncertainty about sustainable margins and recurring revenue, impairing planning and investment decisions.

Mensch und Maschine Software SE Business Overview & Revenue Model

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 segmen...

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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 segmen...

How the Company Makes Money

MuM generates revenue mainly through two business models that correspond to its reporting segments. (1) MuM Software: The company earns money by distributing and selling software (notably Autodesk software) and by selling its own software products...

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MuM generates revenue mainly through two business models that correspond to its reporting segments. (1) MuM Software: The company earns money by distributing and selling software (notably Autodesk software) and by selling its own software products...

Mensch und Maschine Software SE Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	238.59M	325.84M	322.31M	320.48M	266.16M
Gross Profit	60.20M	174.59M	168.53M	161.14M	138.42M
EBITDA	50.23M	56.29M	55.35M	51.80M	43.72M
Net Income	31.81M	30.49M	28.87M	26.01M	21.30M
Balance Sheet
Total Assets	201.16M	211.89M	187.20M	187.45M	160.79M
Cash, Cash Equivalents and Short-Term Investments	15.76M	43.00M	24.87M	24.37M	20.00M
Total Debt	49.41M	19.13M	19.20M	37.86M	23.41M
Total Liabilities	116.41M	106.98M	87.44M	101.69M	67.99M
Stockholders Equity	78.67M	98.46M	92.85M	78.69M	86.33M
Cash Flow
Free Cash Flow	14.04M	52.02M	44.16M	33.35M	31.60M
Operating Cash Flow	16.26M	62.32M	50.59M	39.05M	36.91M
Investing Cash Flow	-11.05M	-10.93M	-7.21M	-6.12M	-8.26M
Financing Cash Flow	-31.93M	-33.54M	-42.97M	-28.41M	-25.02M

Mensch und Maschine Software SE Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 44.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:MUM, the sentiment is Neutral. The current price of 44 is above the 20-day moving average (MA) of 34.69, above the 50-day MA of 37.52, and below the 200-day MA of 44.31, indicating a neutral trend. The MACD of -0.68 indicates Negative momentum. The RSI at 49.02 is Neutral, neither overbought nor oversold. The STOCH value of 63.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:MUM.

Mensch und Maschine Software SE Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AOF	70 Outperform	€1.18B	37.95	58.60%	1.88%	10.61%	12.46%
IVU	62 Neutral	€321.61M	27.21	15.91%	1.34%	12.50%	10.93%
NEM	62 Neutral	€7.08B	49.36	24.82%	0.59%	25.17%	19.52%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MUM	58 Neutral	€594.17M	23.55	38.38%	4.15%	-33.50%	-6.00%
PSAN	49 Neutral	€711.61M	-4.16	-26.06%	―	9.19%	-37.73%