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Nagarro SE (NA9) Fair Value & Analysis

Technology · DE · Market cap €502M

NS Nagarro SE NA9 · XETRA
Price€33.30
Fair Value€67.01
Upside+101.2%
Quality63/100
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Evidence: High Range €50.26 – €84.65

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 8 days ago

Share price +81.9% over the past month.

Price vs Fair Value (12 months)

€35.36 €14.92 Fair Value €67.01 Jul 2025 Jul 2026

12‑month range €14.92 – €35.36 · fair‑value band €50.26 – €84.65 · the €33.30 price screens below the €67.01 fair value. As of Jun 24, 2026.

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Analysis

Nagarro SE (NA9) currently trades at €33.30, while our model-based Fair Value estimate is €67.01 — implying the stock looks roughly 101.2% undervalued today. We read business quality at 63/100 (solid quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Nagarro SE generated revenue of €1.0B at a net margin of 4.7%. Revenue grew 0.5% year over year. It earns a return on equity of 25.2%. Net debt stands at €258M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €1.0B
Revenue growth (YoY) +0.5%
Net margin 4.7%
Return on equity 25.2%
Free cash flow €95.0M FY2025
P/E ratio 10.7
More key figures
Operating margin 12.1%
EPS (TTM) €3.78
Dividend yield 2.5%
EPS growth (YoY) +82.7%
Net debt €258M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Nagarro SE, together with its subsidiaries, provides digital product engineering and technology solutions in Germany, the United States, Europe, and internationally. The company provides accelerated quality and test engineering; API and integration; application managed services; artificial intelligence, data and analytics; cloud, CRM, DevOps; customer data platforms; cybersecurity; digital experiences, insights, and supply chain; ECM and portals; eco digital engineering; enterprise agile; enterprise architecture consulting; finops; intelligent process automation; innovation; low code; mobility solutions; products, resilience, and site reliability engineering; technical communications; product studio; quantum computing; and training services. It offers atlassian, blockchain, business and transformation consulting, digital commerce solutions, embedded systems, ginger ai, internet of things, mainframe and legacy, process consulting, salesforce, sap, service now, security, and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nagarro SE reported revenue of €999M in FY2025 versus €546M in FY2021, a compound +16.3%/yr. Reported net income was €39.5M in FY2025, compounding +7.1%/yr from FY2021.

Revenue +16.3%/yr
FY21 €546M
FY22 €856M
FY23 €912M
FY24 €972M
FY25 €999M
Net income +7.1%/yr
FY21 €30.0M
FY22 €77.4M
FY23 €52.1M
FY24 €49.2M
FY25 €39.5M

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6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

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Frequently asked questions

Is Nagarro SE (NA9) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €67.01 versus a price of €33.30 — about +101% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NA9?
Our model-based fair value for Nagarro SE is €67.01 (as of Jun 24, 2026), built from audited fundamentals. The current price is €33.30.
What is the quality score of NA9?
Nagarro SE has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nagarro SE (NA9)?
Nagarro SE reported trailing-twelve-month revenue of about €1.0B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of NA9?
The net profit margin of Nagarro SE is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
Does Nagarro SE pay a dividend?
Nagarro SE currently shows a dividend yield of about 2.50% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.