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← CockpitCompetitor Analysis › MUM.DE Mensch und Maschine Software SEOpen in the cockpit ↗

Mensch und Maschine Software SEMUM.DECompetitor analysis, valuation and peers

Germany · EUR·Information Technology›Information Technology Services
Momentum weak 38
Mkt cap
$627M
US dollars, full cap
Free float
48%
of shares outstanding
$/day
$711,719
20-day average traded
Fwd P/E
16.0×
forward earnings
ROIC−WACC
+33.0 pp
WACC 7.4%
Hurdle
+1 pp
Req g minus delivered
Next earnings
125 days
11 Mar 2027
Close · EUR€33.20
1D-2.8%
1W-1.5%
1M-2.9%
3M-8.5%
6M-5.1%
YTD-26.1%
1Y-19.2%
ATR %2.8%
52w lowhigh27.0% off high

What Mensch und Maschine Software does

Employees: 1,192

Mensch und Maschine Software at a glance

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).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026MUM.DE 94Peer median 87
Six months, rebased to 100: Mensch und Maschine Software against the median of its 20 peers (local-currency closes).

Mensch und Maschine Software financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€251M€239M€326M€322M€320M
Revenue growth—-27%+1%+1%—
Gross profit€96.5M€60.2M€59.9M€59.8M€56.6M
EBITDAn/a€50.2M€47.6M€49.9M€48.2M
Net income€29.0M€31.8M€30.5M€28.9M€26.0M
Free cash flown/a€14.0M€60.5M€47.5M€36.8M
Capital expendituren/a€10.3M€10.3M€6.43M€5.71M
Total debtn/a€49.4M€19.1M€19.2M€37.9M

Quarterly statements and history in the cockpit →

Mensch und Maschine Software competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%+40%-10%0%+10%68876825066031386002883012734413VRC688175603206COK002642VTEX600289300541300465CD99596947MUM.DE6-month return →1-month return →
Up and to the right = strong over both horizons. Mensch und Maschine Software is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%0×100×200×300×68876825066031384413VRCCOKVTEX99596947MUM.DERevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Mensch und Maschine Software is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%4413VRC688175603206COK002642VTEX3004656947300608MUM.DEGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Mensch und Maschine Software is the large dot.

Mensch und Maschine Software competitors and peer comparison

How Mensch und Maschine Software compares with its peers

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.

Mensch und Maschine Software against its 20 peers (data as of 6 Nov 2026)
MeasureMUM.DEPeer medianRank 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 margin19.5%-1.9%2nd highest of 21
Forward P/E16.0×28.6×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 pp6th least demanding of 11
ROIC minus cost of capital+33.0 pp-6.2 pp4th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Mensch und Maschine Software MUM.DEGermany$627M-5%+8%19%16.0×0.6%-0.4%
Anhui Ronds Science & Technology 688768.SSChina$629M+16%-5%-5%32.0×n/an/a
Xunfei Healthcare Technology 2506.HKHong Kong$641M-17%+25%-7%326.1×n/an/a
Beijing Vastdata Technology 603138.SSChina$642M-19%+18%-25%57.0×n/an/a
Daheng New Epoch Technology 600288.SSChina$644M-35%-3%11%n/an/an/a
Shanghai Rychen Technologies 301273.SZChina$645M+60%-6%-30%n/an/an/a
baudroie,inc 4413.TJapan$600M+48%+49%18%28.6×8.4%+41.4%
Vercom VRC.WAPoland$656M-3%0%24%20.6×13.1%+32.2%
Zhuhai Comleader Information Science & Technology 688175.SSChina$657M-8%-20%-10%n/a38.7%-10.3%
Bestlink Technologies 603206.SSChina$598M-21%+10%1%n/a26.9%+9.9%
Cancom COK.DEGermany$662M-20%-1%3%17.4×6.5%+7.8%
Shenzhen Sunwin Intelligent 300044.SZChina$663M-14%+116%-679%n/an/an/a
Ronglian 002642.SZChina$664M-13%+18%1%n/a43.6%-7.1%
VTEX VTEXUnited States$666M+6%+10%13%18.3×4.2%+19.5%
Bright Oceans Inter-Telecom 600289.SSChina$588M0%+231%-36%n/an/an/a
Beijing Advanced Digital Technology 300541.SZChina$575M-26%+24%1%n/an/an/a
Global Infotech 300465.SZChina$685M-28%-19%3%n/a41.1%-11.5%
Chaince Digital CDUnited States$567M-18%+278%-177%n/an/an/a
Linklogis 9959.HKHong Kong$698M+4%+24%-9%136.2×n/an/a
Zuken 6947.TJapan$699M+12%+12%14%18.5×-6.8%+8.4%
SI-TECH Information Technology 300608.SZChina$558M-29%-18%-25%n/a30.5%-3.8%

Questions

Which companies are Mensch und Maschine Software's closest peers?
The cockpit's peer set: Anhui Ronds Science & Technology (688768.SS), Xunfei Healthcare Technology (2506.HK), Beijing Vastdata Technology (603138.SS), Daheng New Epoch Technology (600288.SS), Shanghai Rychen Technologies (301273.SZ), baudroie,inc (4413.T), Vercom (VRC.WA), Zhuhai Comleader Information Science & Technology (688175.SS).
Is Mensch und Maschine Software expensive compared with its peers?
On forward p/e it trades at 16.0× against a peer median of 28.6×, cheapest of 10 in its peer set. 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.
How has Mensch und Maschine Software stock performed?
Over six months to 6 Nov 2026 the shares returned -5.1% against -13.7% for the median peer; over one year -19.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.