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TeamViewer

XTRA:TMV
Snowflake Description

Exceptional growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TMV
XTRA
€6B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

TeamViewer AG, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. The last earnings update was 28 days ago. More info.


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TMV Share Price and Events
7 Day Returns
10.6%
XTRA:TMV
2.2%
DE Software
1%
DE Market
1 Year Returns
-
XTRA:TMV
38.1%
DE Software
16.4%
DE Market
TMV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TeamViewer (TMV) 10.6% 11.4% - - - -
DE Software 2.2% -0.6% 12.7% 38.1% 57.2% 132.9%
DE Market 1% -0.4% 6.5% 16.4% 9.3% 21.7%
1 Year Return vs Industry and Market
  • No trading data on TMV.
  • No trading data on TMV.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Value

 Is TeamViewer undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of TeamViewer to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for TeamViewer.

XTRA:TMV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 5.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for XTRA:TMV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.135 (1 + (1- 30%) (10.97%))
1.149
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.149 * 5.44%)
5.86%

Discounted Cash Flow Calculation for XTRA:TMV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for TeamViewer is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

XTRA:TMV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 5.86%)
2020 169.00 Analyst x2 159.65
2021 236.00 Analyst x2 210.60
2022 317.00 Analyst x1 267.22
2023 381.00 Analyst x1 303.39
2024 425.58 Est @ 11.7% 320.13
2025 459.93 Est @ 8.07% 326.82
2026 485.38 Est @ 5.53% 325.81
2027 503.62 Est @ 3.76% 319.34
2028 516.27 Est @ 2.51% 309.24
2029 524.75 Est @ 1.64% 296.92
Present value of next 10 years cash flows €2,839.00
XTRA:TMV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €524.75 × (1 + -0.39%) ÷ (5.86% – -0.39%)
€8,363.45
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €8,363.45 ÷ (1 + 5.86%)10
€4,732.30
XTRA:TMV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €2,839.00 + €4,732.30
€7,571.30
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €7,571.30 / 200.00
€37.86
XTRA:TMV Discount to Share Price
Calculation Result
Value per share (EUR) From above. €37.86
Current discount Discount to share price of €27.95
= -1 x (€27.95 - €37.86) / €37.86
26.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price TeamViewer is available for.
Intrinsic value
26%
Share price is €27.95 vs Future cash flow value of €37.86
Current Discount Checks
For TeamViewer to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • TeamViewer's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • TeamViewer's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TeamViewer's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TeamViewer's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
XTRA:TMV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €0.23
XTRA:TMV Share Price ** XTRA (2019-12-10) in EUR €27.95
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 40.08x
Germany Market PE Ratio Median Figure of 404 Publicly-Listed Companies 20.93x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TeamViewer.

XTRA:TMV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= XTRA:TMV Share Price ÷ EPS (both in EUR)

= 27.95 ÷ 0.23

119.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamViewer is overvalued based on earnings compared to the DE Software industry average.
  • TeamViewer is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does TeamViewer's expected growth come at a high price?
Raw Data
XTRA:TMV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 119.99x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
33.1%per year
Germany Software Industry PEG Ratio Median Figure of 15 Publicly-Listed Software Companies 1.83x
Germany Market PEG Ratio Median Figure of 261 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

XTRA:TMV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 119.99x ÷ 33.1%

3.62x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamViewer is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on TeamViewer's assets?
Raw Data
XTRA:TMV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €0.19
XTRA:TMV Share Price * XTRA (2019-12-10) in EUR €27.95
Germany Software Industry PB Ratio Median Figure of 36 Publicly-Listed Software Companies 3.01x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.87x
XTRA:TMV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= XTRA:TMV Share Price ÷ Book Value per Share (both in EUR)

= 27.95 ÷ 0.19

151.08x

* Primary Listing of TeamViewer.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TeamViewer is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess TeamViewer's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. TeamViewer has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is TeamViewer expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TeamViewer expected to grow at an attractive rate?
  • TeamViewer's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • TeamViewer's earnings growth is expected to exceed the Germany market average.
  • TeamViewer's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
XTRA:TMV Future Growth Rates Data Sources
Data Point Source Value (per year)
XTRA:TMV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 33.1%
XTRA:TMV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 24%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 26.5%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
XTRA:TMV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
XTRA:TMV Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,120 1
2022-12-31 896 1
2021-12-31 561 255 158 4
2020-12-31 457 184 124 5
2019-12-31 397 116 98 5
2019-12-10
XTRA:TMV Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 366 122 47
2019-06-30 338 112 44
2019-03-31 298 112 16
2018-12-31 258 113 -12
2017-12-31 138 98 -69
2016-12-31 92 78 -59

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • TeamViewer's earnings are expected to grow significantly at over 20% yearly.
  • TeamViewer's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
XTRA:TMV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from TeamViewer Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:TMV Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.80 0.98 0.63 3.00
2020-12-31 0.61 0.70 0.53 4.00
2019-12-31 0.49 0.80 0.29 4.00
2019-12-10
XTRA:TMV Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 0.23
2019-06-30 0.22
2019-03-31 0.08
2018-12-31
2017-12-31
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • TeamViewer is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess TeamViewer's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TeamViewer has a total score of 6/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has TeamViewer performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TeamViewer's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if TeamViewer's year on year earnings growth rate was positive over the past 5 years.
  • TeamViewer has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • TeamViewer has become profitable in the last year making it difficult to compare the DE Software industry average.
Earnings and Revenue History
TeamViewer's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TeamViewer Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

XTRA:TMV Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 366.16 46.59 154.80 33.04
2019-06-30 337.67 43.64 105.31 28.37
2019-03-31 297.91 15.62 94.06 25.70
2018-12-31 258.16 -12.41 82.80 23.04
2017-12-31 138.47 -69.15 56.45 16.54
2016-12-31 91.67 -58.82 47.75 13.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst TeamViewer made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • TeamViewer used its assets more efficiently than the DE Software industry average last year based on Return on Assets.
  • Unable to establish if TeamViewer improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess TeamViewer's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TeamViewer has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is TeamViewer's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TeamViewer's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TeamViewer's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • TeamViewer's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of TeamViewer's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TeamViewer Company Filings, last reported 2 months ago.

XTRA:TMV Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 37.00 613.00 27.00
2019-06-30 -161.24 774.81 62.17
2019-03-31 -161.24 774.81 62.17
2018-12-31 -216.55 833.59 89.65
2017-12-31 -201.69 804.70 44.43
2016-12-31 -132.54 837.96 88.26
  • TeamViewer's level of debt (1656.8%) compared to net worth is high (greater than 40%).
  • Unable to establish if TeamViewer's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (19.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
X
Financial health checks
We assess TeamViewer's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TeamViewer has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is TeamViewer's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TeamViewer dividends. Estimated to be 0% next year.
If you bought €2,000 of TeamViewer shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TeamViewer's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TeamViewer's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
XTRA:TMV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

XTRA:TMV Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 3.00
2019-12-31 0.00 3.00
2019-12-10

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TeamViewer has not reported any payouts.
  • Unable to verify if TeamViewer's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TeamViewer's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TeamViewer has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of TeamViewer's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess TeamViewer's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TeamViewer afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TeamViewer has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of TeamViewer's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Oliver Steil
AGE 48
TENURE AS CEO 1.9 years
CEO Bio

Mr. Oliver Steil is the Chief Executive Officer of Teamviewer AG since January 2018 and the Chairman of the Executive Board at Teamviewer AG since 2019. He has been the Chief Executive Officer of TeamViewer GmbH since January 2018 and has been its Chairman of the Executive Board since 2019. He served as Principal and Head of Portfolio Group at Permira Advisers Ltd. Mr. Steil joined the Permira Advisers in 2015. He lead Permira’s Portfolio Team. He focused on Consumer, Financial Services, Healthcare, Industrials and Technology sectors. He served as the Chief Executive Officer of Sunrise Communications AG at Sunrise Communications Holdings S.A. since June 2010 till January 17, 2013. Mr. Steil served as Chief Executive Officer of mobilcom-debitel AG since December 1, 2007. He served as Head of Marketing and Sales of Debitel AG since August 1, 2006. He also served almost for three years as Chief Communications Officer and Chief Executive Officer at Debitel AG in Germany. He holds a diploma degree in Electrical Engineering from Ruhr-University of Bochum, Germany.

CEO Compensation
  • Insufficient data for Oliver to compare compensation growth.
  • Insufficient data for Oliver to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the TeamViewer management team in years:

1.9
Average Tenure
48
Average Age
  • The average tenure for the TeamViewer management team is less than 2 years, this suggests a new team.
Management Team

Oliver Steil

TITLE
Chairman of the Executive Board & CEO
AGE
48
TENURE
1.9 yrs

Stefan Gaiser

TITLE
CFO & Member of the Executive Board
AGE
45
TENURE
2.1 yrs

Karl Markgraf

TITLE
Chief Operations Officer

Mike Eissele

TITLE
Chief Technology Officer

Gautam Goswami

TITLE
Chief Marketing Officer
TENURE
0.8 yrs

Konstantin Ebert

TITLE
Executive Vice President Sales

Finn Faldi

TITLE
President of Teamviewer Americas
AGE
50
TENURE
1.9 yrs

Alfredo Patron

TITLE
Executive Vice President of Business Development

Bernd Miehler

TITLE
Executive Vice President Operations
TENURE
5.3 yrs

Roger Illing

TITLE
Executive Vice President Enterprise
Board of Directors Tenure

Average tenure and age of the TeamViewer board of directors in years:

0.9
Average Tenure
50.5
Average Age
  • The average tenure for the TeamViewer board of directors is less than 3 years, this suggests a new board.
Board of Directors

Abe Peled

TITLE
Chairman of the Supervisory Board
AGE
74
TENURE
0.9 yrs

Jacob Aqraou

TITLE
Vice Chairman of the Supervisory Board
AGE
47
TENURE
0.9 yrs

Axel Salzmann

TITLE
Member of the Supervisory Board
AGE
61
TENURE
0.9 yrs

Stefan Dziarski

TITLE
Member of the Supervisory Board
AGE
39
TENURE
0.9 yrs

Holger Felgner

TITLE
Member of the Supervisory Board
AGE
48
TENURE
0.9 yrs

Jörg Rockenhäuser

TITLE
Member of the Supervisory Board
AGE
53
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess TeamViewer's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TeamViewer has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

TeamViewer AG, together with its subsidiaries, develops and distributes remote connectivity solutions worldwide. It offers secure remote access, support, control, and collaboration capabilities for online endpoints and supports businesses of various sizes to tap into their digital potential. The company’s products include TeamViewer that helps to remotely connect to desktop computers, mobile devices, and Internet of Things (IoT) devices from anywhere at any time; TeamViewer Tensor, a cloud-based enterprise connectivity platform, which enables large-scale IT management framework deployments; TeamViewer Pilot that enhances remote support with augmented reality; and TeamViewer IoT, which enables to instantly connect, monitor, and operate machines and devices securely from anywhere. Its products also comprise TeamViewer Remote Management that manages, monitors, tracks, patches, and protects computers, devices, and software from a single platform; TeamViewer Servicecamp, a solution for service desk management and remote connectivity; and Blizz, a collaboration and online communication product that enables various remote workplace interaction use cases, including audio and video conferencing, instant messaging, and screen sharing across various devices with up to 300 concurrent participants. The company was formerly known as Regit Beteiligungs-GmbH and changed its name to TeamViewer AG in September 2019. TeamViewer AG was founded in 2005 and is headquartered in Goppingen, Germany. TeamViewer AG is a subsidiary of TigerLuxOne S.à r.l.

Details
Name: TeamViewer AG
TMV
Exchange: XTRA
Founded: 2005
€5,590,000,000
200,000,000
Website: http://www.teamviewer.com
Address: TeamViewer AG
Jahnstrasse 30,
Goppingen,
73037,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
XTRA TMV Ordinary Shares XETRA Trading Platform DE EUR 25. Sep 2019
DB TMV Ordinary Shares Deutsche Boerse AG DE EUR 25. Sep 2019
WBAG TMV Ordinary Shares Wiener Boerse AG AT EUR 25. Sep 2019
BATS-CHIXE 1UDD Ordinary Shares BATS 'Chi-X Europe' GB EUR 25. Sep 2019
Number of employees
Current staff
Staff numbers
738
TeamViewer employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/10 23:24
End of day share price update: 2019/12/10 00:00
Last estimates confirmation: 2019/11/27
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.