Added to YB: 2026-04-08
Pitch date: 2026-04-06
TMV.DE [neutral]
TeamViewer SE
-0.09%
current return
Author Info
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Company Info
TeamViewer SE, together with its subsidiaries, provides remote connectivity solutions worldwide. The company offers TeamViewer remote, a remote access, control, and management solution; TeamViewer Tensor, an enterprise connectivity solution for remote support, control and management of enterprise IT, smart devices, and industrial equipment; TeamViewer Frontline, a digital workflow, instruction, and assistance for smart frontline operations; and TeamViewer Dex, a real-time diagnostics and remediation, monitoring and analytics for insights and AI-driven automation.
Market Cap
EUR 719.3M
Pitch Price
EUR 4.34
Price Target
8.05 (+83%)
Dividend
N/A
EV/EBITDA
5.89
P/E
5.87
EV/Sales
2.17
Sector
Software
Category
value
Q1-2026 Portfolio Update : +5% - TeamViewer SE
TMV.DE (holding update): SaaS co at €725M mcap, 7x EV/NOPAT, 5x EV/EBITDA, 29% FCF yield. FY25 adj FCF €208M, 43%+ EBITDA margin. Net leverage 2.6x (target 2.0x by 2027), €200M/yr debt paydown = mechanical deleveraging. FY26 guide 0-3% rev growth, enterprise ARR +19% YoY cc. Risk: SMB churn, 1E integration. Q1 26 ER May 6 key catalyst. Base case 50-80% upside on normalization to 7-8x multiple.
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