Obermatt

Nagarro

GER:NA9 · DE000A3H2200
IT ServicesMedium

360

73
EV / EBIT86
Price / Owner Earnings70
Owner Earnings Yield73
Dividend Yield85
Price/Sales92
EV / Gross Profit52
Price/Book58
Return on Capital80
Cash Return on Capital63
Return on Equity92
EBIT Margin89
Gross Profitability60
Cash Conversion45
Accruals42
Owner Earnings Margin54
Sales growth24
Profit Growth65
Long-Term EPS Growth90
Owner Earnings Growth87
Reinvestment93
Price momentum21
Debt load22
Refinancing88
Debt Payback24
Liquidity77
Analyst ratings23
Opinion Changes50
Price Target Upside98
Market mood45
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Nagarro generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGermany
IndustryIT Services
SizeMedium
TypePublic Company
ExchangeXTRA
Founded2020
Employees16,288
ISINDE000A3H2200
Last UpdateApr 2, 2026
Themes
DevSecOpsMachine LearningCloud InfrastructureWeb DevelopmentArtificial IntelligenceAugmented RealityProcess AutomationSoftware DevelopmentE-learningConsultingInformation Technology

Description

Nagarro SE operates as a global software service provider offering specialized digital solutions and consulting services to a diverse clientele across various industries. Business Segments The company operates through Digital Commerce and Customer…

Analysis

Middle-of-the-road

Nagarro SE sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 8.5×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -5% a year, against analyst forecasts of 27%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is stretched. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
76
2026

All-time high

84

Feb 2026

All-time low

75

Mar 2026

Average rank

78

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
92
Price/Earnings
74
Price/Book
58
Dividend Yield
85
Value (overall)
100

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →