Employees: 1,192
Size Mensch und Maschine Software (MUM.DE) is a Germany Information Technology company (Information Technology Services) with a market value of $627M, the 170th largest of 205 Germany companies the cockpit tracks. Shares closed at €33.20 on 6 Nov 2026.
Performance Over six months the shares fell 5.1%, against -13.7% for the median peer and +2.6% for the Germany market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 7.7% over the last twelve months (peer median +10.9%); the operating margin is 19.5% (peer median -1.9%).
Valuation It trades at 16.0× forward earnings against a peer median of 28.6× (cheapest of 10).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +1 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 33.0 points above its cost of capital (7.4% WACC).
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €251M | €239M | €326M | €322M | €320M |
| Revenue growth | — | -27% | +1% | +1% | — |
| Gross profit | €96.5M | €60.2M | €59.9M | €59.8M | €56.6M |
| EBITDA | n/a | €50.2M | €47.6M | €49.9M | €48.2M |
| Net income | €29.0M | €31.8M | €30.5M | €28.9M | €26.0M |
| Free cash flow | n/a | €14.0M | €60.5M | €47.5M | €36.8M |
| Capital expenditure | n/a | €10.3M | €10.3M | €6.43M | €5.71M |
| Total debt | n/a | €49.4M | €19.1M | €19.2M | €37.9M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MUM.DE | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.9% | -2.6% | 11th highest of 21 |
| 6-month return | -5.1% | -13.7% | 9th highest of 21 |
| Distance from 52-week high | -27.0% | -31.1% | 8th highest of 21 |
| Revenue growth (TTM) | +7.7% | +10.9% | 9th lowest of 21 |
| Operating margin | 19.5% | -1.9% | 2nd highest of 21 |
| Forward P/E | 16.0× | 28.6× | cheapest of 10 |
| Growth the price implies (Req g, 7 yrs) | 0.6% | 20.0% | 2nd least demanding of 11 |
| Growth delivered (Del g) | -0.4% | +8.1% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | +1.0 pp | +7.8 pp | 6th least demanding of 11 |
| ROIC minus cost of capital | +33.0 pp | -6.2 pp | 4th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Mensch und Maschine Software MUM.DE | Germany | $627M | -5% | +8% | 19% | 16.0× | 0.6% | -0.4% |
| Anhui Ronds Science & Technology 688768.SS | China | $629M | +16% | -5% | -5% | 32.0× | n/a | n/a |
| Xunfei Healthcare Technology 2506.HK | Hong Kong | $641M | -17% | +25% | -7% | 326.1× | n/a | n/a |
| Beijing Vastdata Technology 603138.SS | China | $642M | -19% | +18% | -25% | 57.0× | n/a | n/a |
| Daheng New Epoch Technology 600288.SS | China | $644M | -35% | -3% | 11% | n/a | n/a | n/a |
| Shanghai Rychen Technologies 301273.SZ | China | $645M | +60% | -6% | -30% | n/a | n/a | n/a |
| baudroie,inc 4413.T | Japan | $600M | +48% | +49% | 18% | 28.6× | 8.4% | +41.4% |
| Vercom VRC.WA | Poland | $656M | -3% | 0% | 24% | 20.6× | 13.1% | +32.2% |
| Zhuhai Comleader Information Science & Technology 688175.SS | China | $657M | -8% | -20% | -10% | n/a | 38.7% | -10.3% |
| Bestlink Technologies 603206.SS | China | $598M | -21% | +10% | 1% | n/a | 26.9% | +9.9% |
| Cancom COK.DE | Germany | $662M | -20% | -1% | 3% | 17.4× | 6.5% | +7.8% |
| Shenzhen Sunwin Intelligent 300044.SZ | China | $663M | -14% | +116% | -679% | n/a | n/a | n/a |
| Ronglian 002642.SZ | China | $664M | -13% | +18% | 1% | n/a | 43.6% | -7.1% |
| VTEX VTEX | United States | $666M | +6% | +10% | 13% | 18.3× | 4.2% | +19.5% |
| Bright Oceans Inter-Telecom 600289.SS | China | $588M | 0% | +231% | -36% | n/a | n/a | n/a |
| Beijing Advanced Digital Technology 300541.SZ | China | $575M | -26% | +24% | 1% | n/a | n/a | n/a |
| Global Infotech 300465.SZ | China | $685M | -28% | -19% | 3% | n/a | 41.1% | -11.5% |
| Chaince Digital CD | United States | $567M | -18% | +278% | -177% | n/a | n/a | n/a |
| Linklogis 9959.HK | Hong Kong | $698M | +4% | +24% | -9% | 136.2× | n/a | n/a |
| Zuken 6947.T | Japan | $699M | +12% | +12% | 14% | 18.5× | -6.8% | +8.4% |
| SI-TECH Information Technology 300608.SZ | China | $558M | -29% | -18% | -25% | n/a | 30.5% | -3.8% |