2D·

Buy when the others are anxious " Hot🔥 or scrap 🗑️ "

$TMV (-0,26 %)

Hello everyone, a tech stock is currently selling off at a more than attractive P/E ratio.


What is your opinion on this?


Get in at a bargain price or stay away?


TeamViewer: MWB Research and JPMorgan see over 115% price potential after the panic sell-off!


Is this already the bottom?

The TeamViewer share has been in a steep downward channel for over two years. The fact that just a few days ago it looked as if the 3-year low of EUR 8.30 would hold is a bitter pill to swallow.


As a result of today's crash, the MDAX share has fallen to a new all-time low. Whether the TeamViewer share has already found a bottom remains questionable.


A very exciting turnaround case

In my opinion, the TeamViewer share is one of the most interesting turnaround cases on the German stock market. The share price has fallen by over -60% since its all-time high in summer 2023. In my view, this is once again a clear case of investor overreaction.


TeamViewer is still a growing company. Over the past three years, the software manufacturer has grown by an average of 10%. In the current year, sales are even expected to increase by around 15% due to the takeover by 1E.


For the coming year, TeamViewer is hardly expecting any growth for the reasons mentioned above. However, I assume that 2026 will be an exceptional year and that the tech company will be able to resume its growth momentum from 2027.


TeamViewer has also been able to increase its operating margin in recent years. Profits therefore rise with increasing company size. The integration of 1E is proving to be more difficult than expected, but should be successful in the coming months.


Last but not least, the valuation of the TeamViewer share speaks in favor of a rebound. With a forward P/E ratio of just under 8, the tech stock is cheaper than it has been for a long time.


I am not in a position to predict whether the TeamViewer share has already bottomed out as a result of today's price fall. Investors must be prepared for the fact that it has not yet found its footing. But the MDAX stock has plenty of upside in the long term. However, investors will need a lot of patience and nerves of steel to realize this potential.


https://www.sharedeals.de/teamviewer-aktie-20-jetzt-ein-schnaeppchen-machen/


Targets canceled: TeamViewer share crashes to all-time low


An unexpected setback for TeamViewer: the software provider has revised its sales and growth targets downwards - and the share price promptly reacted with a slide of more than 20 percent on Wednesday.


TeamViewer shares plummeted on Wednesday morning after the company lowered its revenue expectations. At the Xetra start, the shares were down more than 20 percent at just 6.69 euros. This represents a new all-time low for the MDAX software stock.


The main reason for the correction is the disappointing development of the recently acquired British IT company 1E, which specializes in software for identifying and rectifying system problems. TeamViewer acquired the company at the end of 2024, but business has been significantly worse than expected. The Stuttgart-based company attributes this to ongoing macroeconomic weakness and longer decision-making processes at customers - particularly in the USA, 1E's most important market.


CFO Michael Wilkens admitted that the ongoing restructuring measures at 1E would take time, which would slow down short-term growth. Accordingly, TeamViewer now only expects recurring revenue (ARR) of EUR 780 to 800 million for the year as a whole, compared to EUR 815 to 840 million previously. For 2026, the Group only expects an increase of two to six percent to EUR 790 to 825 million, instead of the previously forecast EUR 850 to 870 million.


"However, the reduced growth expectations and the weak development of 1E, which is questionable as to how it can be remedied in the short term, are likely to overshadow the other factors and have a negative impact on investor sentiment towards the share," writes DZ Bank analyst Armin Kremser.


https://www.wallstreet-online.de/nachricht/20058259-britische-tochter-sorgen-ziele-gestrichen-teamviewer-aktie-crasht-allzeittief


TeamViewer - Extremely favorable valuation makes remote maintenance specialist a takeover candidate.


https://aktienmagazin.de/blog/analystenempfehlungen/teamviewer-extrem-gunstige-bewertung-macht-spezialisten-fur-fernwartun-153110.html

Teamviewer: A share with AI fantasy at a P/E ratio of 8.5!


https://aktienmagazin.de/nachrichten/chart-tweets/teamviewer-eine-aktie-mit-ki-fantasie-zum-85er-kgv-152794.html

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52 Comentarios

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The forward P/E ratio is low because the market does not believe the forward.
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@Yoshika The current P/E ratio is also low. Even without any growth, the company is undervalued. In the lucrative key accounts segment, however, growth is even in double figures.
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@fiducation
Even if the Enterprise segment achieves double-digit growth, the SMB business clearly remains larger in terms of volume, and this is not showing any momentum at all.
What counts in the end is the net effect on ARR and growth, and this was recently revised downwards again.
If growth stagnates overall, a company is not undervalued, but simply undervalued due to a lack of prospects.
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@Yoshika
And a low P/E ratio in the absence of sales is not a value signal, but a clear warning signal.
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@Yoshika the future lies in the enterprise business and not in the SMB business. The opposite would be worrying. In addition, growth remains positive. A PEG of less than one, as with TeamViewer, is pretty much the clearest value indicator there is.
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@fiducation
Well, there is no negative growth,
but the growth is so low that it no longer provides any valuation impetus.
In the case of software companies, the market does not evaluate whether growth is positive or negative, but how strong the momentum is. And growth of +3% in a sector that typically delivers 10-15% is priced into the market like a standstill.
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@Yoshika
And TeamViewer's low PEG is not due to rising growth forecasts, but to the fall in the share price.
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@Yoshika I am completely satisfied with a P/E ratio of 8 and growth of 3 % (above inflation). If the market is not, then we probably have different opinions.
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@Yoshika doesn't matter how it comes about 😅 is still a clear buy indicator.
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@fiducation
Because you feel the positive performance, that's fine. Of course, the market is always wrong.
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@Yoshika the market is always wrong.
Ver todas las 3 respuestas adicionales
Phew not everything that goes down should be bought.
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If you think accelerated computing one step further than Chat GPT Atlas, you will realize for yourself that TeamViewer was a software anecdote from a bygone era for which there is neither room nor need in the future.
About as necessary as engine oil for an EV.
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@gloinvest If you think AI further, you will understand why remote maintenance access will probably be one of the most important functions in the digital factory.
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@fiducation in ac there is no more "far".
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@gloinvest that is simply a complete utopia in production.
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@fiducation Thank God this is not the case. Yesterday's utopias are today's cash flow. The CNC 2030 machine tool no longer has local computing. Otherwise, data centers in the order of 10 GW would not be expedient.
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@gloinvest Thank God your criticism of Teamviewer is completely empty. Thinking a little further ahead, our solar system no longer exists.
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@fiducation Let's simply continue the discussion about Industry 5.0 in 3 years' time using the TeamViewer course. It's on Gemini's resubmission list.
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@fiducation So, let's do it this way. We look at the results and the corresponding share price once a quarter.
P/E ratio may be low because less profit is expected 😅
It is bad
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I’m a long user of TMV. This year we have cancelled their subscription after more than 8 years. Simple - there are no significant updates, price stays the same. Guys were very innovative and created a new market. Awesome. When the cash cub grew enough the only thing they did was milking that cow. They will not die, but I would not expect any recovery except restructuring and some cost cuts. Issue - they are not interesting for a takeover, the ceiling of the market is there. I would definitely not put my money on TMV
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@mkaps We also canceled our subscription after the price increase
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You shouldn't reach into every falling knife...😵‍💫
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Beautiful my dear
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I don't see any reason why the turnaround should come here. Virtually no updates over the years, I don't see any unique selling point, and the P/E ratio is not that great, especially when you look at the development.
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The product is simply not good. Anydesk does the same for less and if you're serious about it, you should look at a VDI from Omnissa anyway.

So I don't currently know why exactly you should use Teamviewer.
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Top contribution. In your opinion, is it worth starting now or when would you invest? Or are you already invested?
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@userc7755b0f2d8b4129
I'm not invested, I think confidence has to return first.
It's not the first time at Teamviewer and the CFO has already had to go once.
Nevertheless, you could perhaps go in with a first tranche.
Let's see what the community says.
@Multibagger @TomTurboInvest @BamBamInvest @Dividendenopi @Hotte1909 @TradingHase etc.
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@Tenbagger2024 not an investment for me
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@Tenbagger2024 for me just as confidence-inspiring as $AIXA or $GXI
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@Multibagger
M and S DAX stop. Better days are coming again. And investors are discovering German small and mid caps
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@Tenbagger2024 I'm out with Emerging Market 🤪 No, seriously, this software has no unique selling point and can theoretically be replaced with a finger snapper.
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@Iwamoto
Good point 😘
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@Tenbagger2024 Not my area for an investment. A bounce is likely to be too small for a quick trade, in which case you would have to invest a larger sum to get something out of it. Apart from that, I don't see much of a future for an all-purpose product 🤷‍♂️
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@Tenbagger2024 not an investment for me. Thin margins for a product that the big players can do just as well or better. Maximum takeover fantasy, that's it auch🤷🏼‍♂️.
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@All-in-or-nothing
Good assessment 😘, what's on your to-buy list?
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We will continue to expand our position at the current price level. However, we currently have no cash holdings in the value portfolio.
I know more service providers who have a VPN to the customer than service providers who still use Teamviewer. It was different 10 years ago.
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