(TMV) TeamViewer - XETRA
Sector: Technology | Industry: Software - Application | Exchange: XETRA (Germany) | Market Cap: 815m EUR | Total Return: -45.6% in 12m
Avg Turnover: 4.67M
EPS Trend: -19.0%
Qual. Beats: 1
Rev. Trend: 99.5%
Qual. Beats: 0
Warnings
Altman Z'' -0.66 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
TeamViewer SE is a German software company specializing in remote connectivity, enterprise IT management, and industrial digitalization. Its product portfolio includes TeamViewer Remote for standard access, the Tensor platform for enterprise-grade management, and Frontline, which digitizes manual workflows through augmented reality interfaces.
The company operates within the software-as-a-service (SaaS) sector, a business model characterized by recurring subscription revenue and high scalability. TeamViewer has expanded beyond simple desktop support into the Frontline industrial market, where it provides real-time diagnostics and AI-driven automation for manufacturing and logistics operations.
For a detailed breakdown of the companys financial metrics and valuation, you may wish to consult ValueRay. This integration of remote support with mixed reality technologies positions the firm at the intersection of traditional IT services and the growing industrial internet of things (IIoT) market.
- Enterprise software transition drives average revenue per user and billings growth
- Scalable SaaS margins improve with reduced Manchester United sponsorship expenses
- Digital workflow adoption in manufacturing fuels industrial augmented reality revenue
- SMB segment retention remains sensitive to broader European macroeconomic deceleration
- Strategic share buybacks offset dilution while improving earnings per share metrics
| Net Income: 122.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 0.12 > 1.0 |
| NWC/Revenue: -69.19% < 20% (prev -104.4%; Δ 35.23% < -1%) |
| CFO/TA 0.13 > 3% & CFO 210.3m > Net Income 122.8m |
| Net Debt (903.1m) to EBITDA (284.9m): 3.17 < 3 |
| Current Ratio: 0.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (158.0m) vs 12m ago 0.09% < -2% |
| Gross Margin: 86.54% > 18% (prev 87.91%; Δ -1.36% > 0.5%) |
| Asset Turnover: 42.49% > 50% (prev 36.91%; Δ 5.58% > 0%) |
| Interest Coverage Ratio: 5.74 > 6 (EBIT TTM 231.2m / Interest Expense TTM 40.3m) |
| A: -0.31 (Total Current Assets 115.3m - Total Current Liabilities 635.1m) / Total Assets 1.67b |
| B: 0.11 (Retained Earnings 180.3m / Total Assets 1.67b) |
| C: 0.13 (EBIT TTM 231.2m / Avg Total Assets 1.77b) |
| D: 0.15 (Book Value of Equity 214.5m / Total Liabilities 1.46b) |
| Altman-Z'' = -0.66 = B |
| DSRI: 0.80 (Receivables 30.4m/35.0m, Revenue 751.2m/688.5m) |
| GMI: 1.02 (GM 87.91% / 86.54%) |
| AQI: 1.06 (AQ_t 0.91 / AQ_t-1 0.86) |
| SGI: 1.09 (Revenue 751.2m / 688.5m) |
| TATA: -0.05 (NI 122.8m - CFO 210.3m) / TA 1.67b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of June 21, 2026, the stock is trading at EUR 5.08 with a total of 1,832,901 shares traded.
Over the past week, the price has changed by -6.11%,
over one month by -12.20%,
over three months by +13.59% and
over the past year by -45.63%.
TeamViewer has no consensus analysts rating.
P/E Trailing = 6.6538
P/E Forward = 5.2411
P/S = 1.0845
P/B = 3.798
P/EG = 0.5191
Revenue TTM = 751.2m EUR
EBIT TTM = 231.2m EUR
EBITDA TTM = 284.9m EUR
Long Term Debt = 532.3m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 199.8m EUR (from shortTermDebt, last quarter)
Debt = 935.7m EUR (from shortLongTermDebtTotal, last quarter) + Leases 33.1m
Net Debt = 903.1m EUR (calculated: Debt 935.7m - CCE 32.6m)
Enterprise Value = 1.72b EUR (814.7m + Debt 935.7m - CCE 32.6m)
Interest Coverage Ratio = 5.74 (Ebit TTM 231.2m / Interest Expense TTM 40.3m)
EV/FCF = 8.40x (Enterprise Value 1.72b / FCF TTM 204.6m)
FCF Yield = 11.91% (FCF TTM 204.6m / Enterprise Value 1.72b)
FCF Margin = 27.23% (FCF TTM 204.6m / Revenue TTM 751.2m)
Net Margin = 16.35% (Net Income TTM 122.8m / Revenue TTM 751.2m)
Gross Margin = 86.54% ((Revenue TTM 751.2m - Cost of Revenue TTM 101.1m) / Revenue TTM)
Gross Margin QoQ = 86.68% (prev 86.06%)
Tobins Q-Ratio = 1.03 (Enterprise Value 1.72b / Total Assets 1.67b)
Interest Expense / Debt = 4.31% (Interest Expense 40.3m / Debt 935.7m)
Taxrate = 34.34% (64.2m / 187.0m)
NOPAT = 151.8m (EBIT 231.2m * (1 - 34.34%))
Current Ratio = 0.18 (Total Current Assets 115.3m / Total Current Liabilities 635.1m)
Debt / Equity = 4.36 (Debt 935.7m / totalStockholderEquity, last quarter 214.5m)
Debt / EBITDA = 3.17 (Net Debt 903.1m / EBITDA 284.9m)
Debt / FCF = 4.41 (Net Debt 903.1m / FCF TTM 204.6m)
Total Stockholder Equity = 150.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.95% (Net Income 122.8m / Total Assets 1.67b)
RoE = 81.82% (Net Income TTM 122.8m / Total Stockholder Equity 150.1m)
RoCE = 33.88% (EBIT 231.2m / Capital Employed (Equity 150.1m + L.T.Debt 532.3m))
RoIC = 12.62% (NOPAT 151.8m / Invested Capital 1.20b)
WACC = 4.83% (E(814.7m)/V(1.75b) * Re(7.13%) + D(935.7m)/V(1.75b) * Rd(4.31%) * (1-Tc(0.34)))
Discount Rate = 7.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -64.44 | Cagr: -2.98%
[DCF] Terminal Value 74.03% ; FCFF base≈213.2m ; Y1≈196.9m ; Y5≈176.3m
[DCF] Fair Price = 12.05 (EV 2.79b - Net Debt 903.1m = Equity 1.89b / Shares 157.0m; r=8.35% [WACC [floored]]; 5y FCF grow -9.58% → 2.50% )
EPS Correlation: -19.04 | EPS CAGR: -2.01% | SUE: 1.05 | # QB: 1
Revenue Correlation: 99.52 | Revenue CAGR: 8.86% | SUE: -0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.18 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=1.03 | Chg30d=-1.61% | Revisions=-9% | GrowthEPS=-11.7% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=1.12 | Chg30d=-3.22% | Revisions=-45% | GrowthEPS=+8.3% | GrowthRev=+3.2%
[Analyst] Revisions Ratio: -45%