11/9/2023 Company Information Market cap: $43.7 billion Share price: $204 P/FCF: 21.5 P/E: 50 Ticker: 1. Intro and overview Over the years, as a building contractor, I’ve come to realize that engineers and architects tend to use the same products over and over again. This is because their job job requires the careful calculation of many variables in order to design a dwelling according to the international building code. When they find trustworthy products that work well, they tend to stick with them and those products tend to become the trusted industry standards.
Very good write-up! Not only is the business interesting, but the secular growth of engineering and simulation software is also quite promising, with multiple growth factors such as labor shortages, cost reduction, digitization, and automatization.
I recently took a deep dive into Mensch und Maschine Software, the biggest VAR (Value-Added Reseller) of Autodesk software in Europe, and was amazed by the vast opportunities ahead.
In my latest Friday Roundup, I included a link to your insightful analysis👇
Good and reflecting article! What about nemetschek?
Nemetschek is also another great German software company that I discovered recently while analyzing Mensch und Maschine Software.
Very good write-up! Not only is the business interesting, but the secular growth of engineering and simulation software is also quite promising, with multiple growth factors such as labor shortages, cost reduction, digitization, and automatization.
I recently took a deep dive into Mensch und Maschine Software, the biggest VAR (Value-Added Reseller) of Autodesk software in Europe, and was amazed by the vast opportunities ahead.
In my latest Friday Roundup, I included a link to your insightful analysis👇
https://open.substack.com/pub/rhinoinsight/p/the-friday-roundup-14c?r=2587ts&utm_medium=ios&utm_campaign=post
Thank you very much! Yea I think there’s certainly secular growth ahead in the construction, engineering and simulation industry.
Great write up on a really interesting company!
Thank you very much!
Great. I own MuM.