CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
7.3 EUR
-0.1 (-1.35%)
Overall CSH gets a fundamental rating of 3 out of 10. We evaluated CSH against 125 industry peers in the Software industry. CSH may be in some trouble as it scores bad on both profitability and health. CSH is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CSH had negative earnings in the past year.
CSH had a positive operating cash flow in the past year.
Of the past 5 years CSH 4 years were profitable.
Each year in the past 5 years CSH had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.14%, CSH is doing worse than 64.80% of the companies in the same industry.
With a Return On Equity value of -12.50%, CSH is not doing good in the industry: 69.60% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 1.04%, CSH is in line with its industry, outperforming 48.00% of the companies in the same industry.
CSH had an Average Return On Invested Capital over the past 3 years of 3.71%. This is significantly below the industry average of 12.89%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -12.5% | ||
| ROIC | 1.04% |
ROA(3y)2.61%
ROA(5y)3.04%
ROE(3y)8.37%
ROE(5y)8.11%
ROIC(3y)3.71%
ROIC(5y)4.08%
1.3 Margins
The Operating Margin of CSH (0.91%) is comparable to the rest of the industry.
CSH's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 60.04%, CSH is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
CSH's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.91% | ||
| PM (TTM) | N/A | ||
| GM | 60.04% |
OM growth 3Y-8.13%
OM growth 5Y-9.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.52%
GM growth 5Y3.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CSH is destroying value.
The number of shares outstanding for CSH remains at a similar level compared to 1 year ago.
Compared to 5 years ago, CSH has about the same amount of shares outstanding.
The debt/assets ratio for CSH is higher compared to a year ago.
2.2 Solvency
CSH has an Altman-Z score of 2.17. This is not the best score and indicates that CSH is in the grey zone with still only limited risk for bankruptcy at the moment.
CSH has a Altman-Z score (2.17) which is in line with its industry peers.
CSH has a debt to FCF ratio of 4.02. This is a neutral value as CSH would need 4.02 years to pay back of all of its debts.
CSH has a Debt to FCF ratio (4.02) which is comparable to the rest of the industry.
CSH has a Debt/Equity ratio of 1.10. This is a high value indicating a heavy dependency on external financing.
CSH has a Debt to Equity ratio of 1.10. This is amonst the worse of the industry: CSH underperforms 83.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.15
WACC6.91%
2.3 Liquidity
A Current Ratio of 1.27 indicates that CSH should not have too much problems paying its short term obligations.
CSH has a Current ratio (1.27) which is comparable to the rest of the industry.
A Quick Ratio of 1.27 indicates that CSH should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.27, CSH is in line with its industry, outperforming 44.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
CSH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -252.87%.
CSH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.58%.
Measured over the past years, CSH shows a small growth in Revenue. The Revenue has been growing by 3.84% on average per year.
EPS 1Y (TTM)-252.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.27%
Revenue 1Y (TTM)3.58%
Revenue growth 3Y12.38%
Revenue growth 5Y3.84%
Sales Q2Q%-3.04%
3.2 Future
The Earnings Per Share is expected to grow by 16.23% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.81% on average over the next years.
EPS Next Y-228.95%
EPS Next 2Y-39.3%
EPS Next 3Y16.23%
EPS Next 5YN/A
Revenue Next Year-6.06%
Revenue Next 2Y2.96%
Revenue Next 3Y3.64%
Revenue Next 5Y2.81%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSH. In the last year negative earnings were reported.
CSH is valuated quite expensively with a Price/Forward Earnings ratio of 51.63.
The rest of the industry has a similar Price/Forward Earnings ratio as CSH.
When comparing the Price/Forward Earnings ratio of CSH to the average of the S&P500 Index (23.92), we can say CSH is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 51.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSH is valued cheaply inside the industry as 90.40% of the companies are valued more expensively.
96.80% of the companies in the same industry are more expensive than CSH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.36 | ||
| EV/EBITDA | 6.98 |
4.3 Compensation for Growth
CSH's earnings are expected to grow with 16.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-39.3%
EPS Next 3Y16.23%
5. Dividend
5.1 Amount
CSH has a Yearly Dividend Yield of 4.15%, which is a nice return.
CSH's Dividend Yield is rather good when compared to the industry average which is at 0.62. CSH pays more dividend than 96.80% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, CSH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
5.2 History
The dividend of CSH decreases each year by -41.82%.
Dividend Growth(5Y)-41.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y-39.3%
EPS Next 3Y16.23%
FRA:CSH (1/12/2026, 12:30:16 PM)
7.3
-0.1 (-1.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners47.47%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap61.10M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts90
Price Target14.32 (96.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
Yearly Dividend0.04
Dividend Growth(5Y)-41.82%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 51.63 | ||
| P/S | 0.29 | ||
| P/FCF | 5.36 | ||
| P/OCF | 4.69 | ||
| P/B | 1.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.98 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY1.94%
FCF(TTM)1.36
FCFY18.65%
OCF(TTM)1.56
OCFY21.31%
SpS25.1
BVpS4.43
TBVpS-2.57
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.14% | ||
| ROE | -12.5% | ||
| ROCE | 2.14% | ||
| ROIC | 1.04% | ||
| ROICexc | 1.35% | ||
| ROICexgc | 9.09% | ||
| OM | 0.91% | ||
| PM (TTM) | N/A | ||
| GM | 60.04% | ||
| FCFM | 5.42% |
ROA(3y)2.61%
ROA(5y)3.04%
ROE(3y)8.37%
ROE(5y)8.11%
ROIC(3y)3.71%
ROIC(5y)4.08%
ROICexc(3y)4.78%
ROICexc(5y)6.49%
ROICexgc(3y)14.59%
ROICexgc(5y)14.62%
ROCE(3y)8.58%
ROCE(5y)8.95%
ROICexgc growth 3Y-6.55%
ROICexgc growth 5Y-5.33%
ROICexc growth 3Y-30.45%
ROICexc growth 5Y-21.57%
OM growth 3Y-8.13%
OM growth 5Y-9.36%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.52%
GM growth 5Y3.41%
F-Score5
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Debt/EBITDA | 3.27 | ||
| Cap/Depr | 15.31% | ||
| Cap/Sales | 0.77% | ||
| Interest Coverage | 0.57 | ||
| Cash Conversion | 104.1% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 2.17 |
F-Score5
WACC6.91%
ROIC/WACC0.15
Cap/Depr(3y)19.26%
Cap/Depr(5y)16.81%
Cap/Sales(3y)0.76%
Cap/Sales(5y)0.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-252.87%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.27%
EPS Next Y-228.95%
EPS Next 2Y-39.3%
EPS Next 3Y16.23%
EPS Next 5YN/A
Revenue 1Y (TTM)3.58%
Revenue growth 3Y12.38%
Revenue growth 5Y3.84%
Sales Q2Q%-3.04%
Revenue Next Year-6.06%
Revenue Next 2Y2.96%
Revenue Next 3Y3.64%
Revenue Next 5Y2.81%
EBIT growth 1Y-77.74%
EBIT growth 3Y3.24%
EBIT growth 5Y-5.88%
EBIT Next Year29.61%
EBIT Next 3Y44.31%
EBIT Next 5Y27.42%
FCF growth 1Y70.64%
FCF growth 3Y5.1%
FCF growth 5Y-0.8%
OCF growth 1Y50.13%
OCF growth 3Y7.86%
OCF growth 5Y-2.42%
CENIT AG / CSH.DE FAQ
What is the fundamental rating for CSH stock?
ChartMill assigns a fundamental rating of 3 / 10 to CSH.DE.
What is the valuation status of CENIT AG (CSH.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to CENIT AG (CSH.DE). This can be considered as Overvalued.
How profitable is CENIT AG (CSH.DE) stock?
CENIT AG (CSH.DE) has a profitability rating of 3 / 10.
What is the earnings growth outlook for CENIT AG?
The Earnings per Share (EPS) of CENIT AG (CSH.DE) is expected to decline by -228.95% in the next year.
Is the dividend of CENIT AG sustainable?
The dividend rating of CENIT AG (CSH.DE) is 6 / 10 and the dividend payout ratio is 0%.