Nedap N.V (NEDAP) AI Stock Analysis

• Market Cap: €657.73M
• Dividend Yield: 3.22%
• Average Volume (3M): 9.89K
• Price to Earnings (P/E): 30.5
• Beta (1Y): 0.78
• Revenue Growth: 4.11%
• EPS Growth: 22.38%
• Country: NL
• Employees: 938
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 1.57
• Shares Outstanding: 6,692,920
• 10 Day Avg. Volume: 8,877
• 30 Day Avg. Volume: 9,891
• PEG Ratio: -1.32
• Price to Book (P/B): 4.32
• Price to Sales (P/S): 1.44
• P/FCF Ratio: 26.23
• 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: €65.00
• Price Target Upside: -34.67% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: €112.00 ▲(12.56% Upside)

Nedap N.V. receives a strong overall stock score, driven primarily by its solid financial performance and positive technical indicators. The company's consistent profitability and stable financial structure are significant strengths. While the stock shows bullish technical momentum, its relatively high valuation may limit further upside. The absence of earnings call data and corporate events did not impact the score.

Nedap N.V Business Overview & Revenue Model

Company Description

Nedap N.V., together with its subsidiaries, develops and supplies smart technological solutions worldwide. The company develops software services that allow healthcare professionals to interconnect; hardware and software solutions for vehicle identification systems; and technological solutions for the dairy farming and pig farming industries. It also provides lighting solutions and UV lamp driver technologies; develops and markets RFID solutions for retailers. In addition, the company develops access control and security systems for public-sector institutions. Further, it focuses on workforce management software that facilitates timesheet processing, employee scheduling, and access control. Nedap N.V. was founded in 1929 and is headquartered in Groenlo, the Netherlands.

How the Company Makes Money

Nedap generates revenue primarily through the sale of its software and hardware products across its various business units. The company operates on a recurring revenue model by offering subscription-based services and software licenses, which provide ongoing revenue streams. Key revenue streams include the sales of RFID systems and software for inventory management in retail, access control and security solutions for various industries, and healthcare solutions that enhance patient management and operational efficiency. Additionally, Nedap has formed strategic partnerships with other technology providers and industry leaders to expand its market reach and enhance its product offerings, contributing to its overall earnings.

Nedap N.V Financial Statement Overview

Summary

Nedap N.V. exhibits solid financial performance with consistent profitability and stable financial structure. Despite recent revenue growth dip and increased net debt, the company maintains strong balance sheet and adequate cash flow generation.

Income Statement

Nedap N.V. has demonstrated a solid performance in its income statement with a stable gross profit margin and consistent EBIT margins over the years. The company has shown a positive revenue growth trajectory from 2020 to 2023, although there was a slight decline in revenue from 2023 to 2024. The net profit margin has been maintained at a healthy level, indicating effective cost management and profitability.

Balance Sheet

The balance sheet of Nedap N.V. reflects a good financial position with a manageable debt-to-equity ratio and a strong equity base. The equity ratio is solid, indicating a stable financial structure. However, there was a slight increase in net debt in 2024, which might require monitoring to ensure financial flexibility. Overall, the balance sheet shows a balanced approach to leveraging and equity management.

Cash Flow

Cash flow analysis shows that Nedap N.V. has been able to generate positive free cash flow consistently, with a notable growth in free cash flow from 2022 to 2023. However, the free cash flow growth rate was lower in 2024 compared to previous years. The operating cash flow to net income ratio is robust, indicating strong cash generation relative to earnings. The company should focus on maintaining or increasing free cash flow growth to support future investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	262.42M	251.61M	262.43M	229.48M	207.01M	189.92M
Gross Profit	75.67M	65.10M	58.99M	53.03M	47.26M	42.44M
EBITDA	39.02M	34.72M	37.29M	32.59M	31.83M	25.45M
Net Income	21.27M	18.53M	21.64M	18.70M	18.28M	13.75M
Balance Sheet
Total Assets	133.98M	137.38M	139.87M	134.68M	132.85M	120.25M
Cash, Cash Equivalents and Short-Term Investments	2.70M	4.36M	10.16M	17.48M	29.61M	25.69M
Total Debt	19.13M	16.04M	15.79M	16.11M	16.42M	16.43M
Total Liabilities	60.49M	53.68M	54.53M	53.48M	52.55M	47.00M
Stockholders Equity	73.49M	83.70M	85.33M	81.19M	80.31M	73.25M
Cash Flow
Free Cash Flow	31.20M	13.80M	11.45M	6.08M	18.45M	21.63M
Operating Cash Flow	41.40M	28.87M	29.83M	17.66M	28.28M	30.30M
Investing Cash Flow	-13.13M	-14.71M	-19.16M	-11.29M	-9.55M	-8.27M
Financing Cash Flow	-35.55M	-20.08M	-17.85M	-18.52M	-14.86M	-14.94M

Nedap N.V Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 99.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:NEDAP, the sentiment is Positive. The current price of 99.5 is above the 20-day moving average (MA) of 95.71, above the 50-day MA of 93.66, and above the 200-day MA of 72.22, indicating a bullish trend. The MACD of 1.53 indicates Negative momentum. The RSI at 61.84 is Neutral, neither overbought nor oversold. The STOCH value of 81.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:NEDAP.

Nedap N.V Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEDAP	76 Outperform	€657.73M	30.47	29.06%	3.22%	4.11%	22.38%
TWEKA	71 Outperform	€1.48B	23.28	7.75%	3.94%	-3.59%	-46.68%
CTAC	68 Neutral	€47.26M	11.41	13.94%	3.30%	0.81%	351.71%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TOM2	56 Neutral	€692.17M	―	-12.26%	―	-1.70%	24.14%
MTRK	47 Neutral	€199.23M	―	―	―	-7.94%	7.30%
CMCOM	46 Neutral	€137.75M	―	-57.80%	―	0.36%	34.49%