Nagarro SE: One of the most exciting comeback stories in Germany!
Fundamental growth and a share buyback program justify rising stock prices!
The valuation metrics for the IT service provider appear too low given the increasing digitization and international expansion!
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On November 14, Nagarro SE (i.) created a pivotal point with the presentation of its Q3 report and the announcement of a share buyback program. Accordingly, revenue increased by 4.8% compared to the previous year (even 9.4% when adjusted for currency) to €254.6 million. Gross profit improved from €76.5 million to €84.2 million, and the gross profit margin increased from 31.5% to 33.1%. Furthermore, it was announced that a €20 million share buyback program will be carried out from November 24 to February 28, 2026. If the weak demand environment...
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