Mensch und Maschine Software SE (MUM) - Net Assets
Based on the latest financial reports, Mensch und Maschine Software SE (MUM) has net assets worth €84.76 Million EUR (≈ $99.09 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€201.16 Million ≈ $235.18 Million USD) and total liabilities (€116.41 Million ≈ $136.09 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Mensch und Maschine Software SE (MUM) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €84.76 Million |
| % of Total Assets | 42.13% |
| Annual Growth Rate | 7.31% |
| 5-Year Change | -8.67% |
| 10-Year Change | 108.9% |
| Growth Volatility | 14.52 |
Mensch und Maschine Software SE - Net Assets Trend (2013–2025)
This chart illustrates how Mensch und Maschine Software SE's net assets have evolved over time, based on quarterly financial data. See Mensch und Maschine Software SE defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mensch und Maschine Software SE (2013–2025)
The table below shows the annual net assets of Mensch und Maschine Software SE from 2013 to 2025. For live valuation and market cap data, see MUM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €84.76 Million ≈ $99.09 Million |
-19.21% |
| 2024-12-31 | €104.92 Million ≈ $122.66 Million |
+5.17% |
| 2023-12-31 | €99.76 Million ≈ $116.63 Million |
+16.33% |
| 2022-12-31 | €85.75 Million ≈ $100.25 Million |
-7.60% |
| 2021-12-31 | €92.80 Million ≈ $108.49 Million |
+15.77% |
| 2020-12-31 | €80.16 Million ≈ $93.71 Million |
+9.04% |
| 2019-12-31 | €73.52 Million ≈ $85.95 Million |
+43.35% |
| 2018-12-31 | €51.28 Million ≈ $59.95 Million |
+16.76% |
| 2017-12-31 | €43.92 Million ≈ $51.35 Million |
+8.25% |
| 2016-12-31 | €40.57 Million ≈ $47.43 Million |
+2.40% |
| 2015-12-31 | €39.62 Million ≈ $46.32 Million |
+0.99% |
| 2014-12-31 | €39.23 Million ≈ $45.87 Million |
+7.97% |
| 2013-12-31 | €36.34 Million ≈ $42.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mensch und Maschine Software SE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5430.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €43.41 Million | 55.18% |
| Other Components | €35.26 Million | 44.82% |
| Total Equity | €78.67 Million | 100.00% |
Mensch und Maschine Software SE Competitors by Market Cap
The table below lists competitors of Mensch und Maschine Software SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RIDLEY CORP. LTD
F:RI6
|
$620.77 Million |
|
Utz Brands Inc
NYSE:UTZ
|
$620.78 Million |
|
Granite Ridge Resources Inc
NYSE:GRNT
|
$620.82 Million |
|
Sporton International
TWO:6146
|
$621.01 Million |
|
Latham Group Inc
NASDAQ:SWIM
|
$619.93 Million |
|
Qingdao Greensum Ecology Co. Ltd.
SHE:300948
|
$619.81 Million |
|
Tipco Asphalt Public Company Limited
F:NVP5
|
$619.71 Million |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
$619.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mensch und Maschine Software SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 98,460,000 to 78,666,000, a change of -19,794,000 (-20.1%).
- Net income of 31,811,000 contributed positively to equity growth.
- Dividend payments of 30,672,000 reduced retained earnings.
- Share repurchases of 20,610,000 reduced equity.
- New share issuances of 1,061,000 increased equity.
- Other factors decreased equity by 1,384,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €31.81 Million | +40.44% |
| Dividends Paid | €30.67 Million | -38.99% |
| Share Repurchases | €20.61 Million | -26.2% |
| Share Issuances | €1.06 Million | +1.35% |
| Other Changes | €-1.38 Million | -1.76% |
| Total Change | €- | -20.10% |
Book Value vs Market Value Analysis
This analysis compares Mensch und Maschine Software SE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.42x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.49x to 7.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.63 | €35.45 | x |
| 2018-12-31 | €3.05 | €35.45 | x |
| 2019-12-31 | €4.02 | €35.45 | x |
| 2020-12-31 | €4.39 | €35.45 | x |
| 2021-12-31 | €5.09 | €35.45 | x |
| 2022-12-31 | €4.72 | €35.45 | x |
| 2023-12-31 | €5.51 | €35.45 | x |
| 2024-12-31 | €5.83 | €35.45 | x |
| 2025-12-31 | €4.78 | €35.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mensch und Maschine Software SE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 40.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.33%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.56x
- Recent ROE (40.44%) is above the historical average (22.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.73% | 2.08% | 1.23x | 3.03x | €-769.70K |
| 2014 | 10.09% | 2.66% | 1.34x | 2.83x | €33.40K |
| 2015 | 10.11% | 2.41% | 1.56x | 2.68x | €41.90K |
| 2016 | 16.78% | 3.94% | 1.66x | 2.56x | €2.66 Million |
| 2017 | 19.94% | 5.32% | 1.58x | 2.37x | €4.26 Million |
| 2018 | 23.45% | 6.30% | 1.75x | 2.13x | €6.70 Million |
| 2019 | 24.70% | 6.78% | 1.54x | 2.36x | €9.92 Million |
| 2020 | 25.35% | 7.67% | 1.58x | 2.10x | €11.33 Million |
| 2021 | 24.68% | 8.00% | 1.66x | 1.86x | €12.67 Million |
| 2022 | 33.06% | 8.12% | 1.71x | 2.38x | €18.14 Million |
| 2023 | 31.09% | 8.96% | 1.72x | 2.02x | €19.58 Million |
| 2024 | 30.96% | 9.36% | 1.54x | 2.15x | €20.64 Million |
| 2025 | 40.44% | 13.33% | 1.19x | 2.56x | €23.94 Million |
Industry Comparison
This section compares Mensch und Maschine Software SE's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $276,111,706
- Average return on equity (ROE) among peers: -310.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mensch und Maschine Software SE (MUM) | €84.76 Million | 7.73% | 1.37x | $620.62 Million |
| Materialise NV (06MA) | $228.93 Million | -0.93% | 0.80x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $62.22 Million | -40.38% | 0.06x | $98.75 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $372.22 Million | 2.58% | 0.57x | $1.09 Billion |
| Spyrosoft Spólka Akcyjna (2NP) | $160.60 Million | 21.35% | 0.53x | $106.18 Million |
| WEIMOB INC. DL-0001 (36W) | $1.81 Billion | -95.35% | 2.84x | $681.82 Million |
| ROUTE1 INC. (3R6N) | $2.73 Million | 8.15% | 4.53x | $2.46 Million |
| INSURAGUEST TECHN. INC. (4JG) | $453.79K | -310.70% | 0.59x | $99.69K |
| LIQUID AVATAR TECHNO.INC. (4T5) | $424.39K | -2677.70% | 5.96x | $1.33 Million |
| Envirosuite Limited (57P) | $125.98 Million | -14.47% | 0.25x | $67.90 Million |
| SPROUT AI INC. (5AU) | $-5.20 Million | 0.00% | 0.00x | $3.09 Million |
About Mensch und Maschine Software SE
Mensch und Maschine Software SE provides technical software and digitization solutions in computer aided design, manufacturing and engineering, product data and lifecycle management, and building information modeling and management areas. It operates in two segments, M+M Software and M+M Digitalization. The M+M Software segment develops standard software for the areas CAD and CAM, BIM and enginee… Read more