CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
7.46 EUR
-0.02 (-0.27%)
Overall CSH gets a fundamental rating of 3 out of 10. We evaluated CSH against 119 industry peers in the Software industry. Both the profitability and financial health of CSH have multiple concerns. CSH has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year CSH has reported negative net income.
- In the past year CSH had a positive cash flow from operations.
- CSH had positive earnings in 4 of the past 5 years.
- In the past 5 years CSH always reported a positive cash flow from operatings.
1.2 Ratios
- With a Return On Assets value of -3.14%, CSH is not doing good in the industry: 64.80% of the companies in the same industry are doing better.
- Looking at the Return On Equity, with a value of -12.50%, CSH is doing worse than 69.60% of the companies in the same industry.
- 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 13.47%.
| 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
- With a Operating Margin value of 0.91%, CSH perfoms like the industry average, outperforming 48.00% of the companies in the same industry.
- In the last couple of years the Operating Margin of CSH has declined.
- CSH has a Gross Margin of 60.04%. This is in the lower half of the industry: CSH underperforms 64.00% of its industry peers.
- In the last couple of years the Gross Margin of CSH has grown nicely.
| 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.
- Compared to 1 year ago, CSH has about the same amount of shares outstanding.
- Compared to 5 years ago, CSH has about the same amount of shares outstanding.
- Compared to 1 year ago, CSH has a worse debt to assets ratio.
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.
- Looking at the Altman-Z score, with a value of 2.17, CSH is in line with its industry, outperforming 40.80% of the companies in the same industry.
- The Debt to FCF ratio of CSH is 4.02, which is a neutral value as it means it would take CSH, 4.02 years of fcf income to pay off 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
WACC6.92%
2.3 Liquidity
- A Current Ratio of 1.27 indicates that CSH should not have too much problems paying its short term obligations.
- The Current ratio of CSH (1.27) 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.
- The Quick ratio of CSH (1.27) is comparable to the rest of the 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%.
- Looking at the last year, CSH shows a small growth in Revenue. The Revenue has grown by 3.58% in the last year.
- 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
- CSH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.23% yearly.
- Based on estimates for the next years, CSH will show a small growth in Revenue. The Revenue will grow by 2.81% on average per year.
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
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- CSH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- CSH is valuated quite expensively with a Price/Forward Earnings ratio of 52.76.
- Based on the Price/Forward Earnings ratio, CSH is valued a bit more expensive than 60.00% of the companies in the same industry.
- CSH is valuated expensively when we compare the Price/Forward Earnings ratio to 24.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.76 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CSH is valued cheaper than 88.80% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of CSH indicates a rather cheap valuation: CSH is cheaper than 96.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.48 | ||
| EV/EBITDA | 7.02 |
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
- With a Yearly Dividend Yield of 4.15%, CSH is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.63, CSH pays a better dividend. On top of this CSH pays more dividend than 96.80% of the companies listed in the same industry.
- CSH's Dividend Yield is rather good when compared to the S&P500 average which is at 1.85.
| 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 (1/16/2026, 7:00:00 PM)
7.46
-0.02 (-0.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-06 2025-11-06
Earnings (Next)04-09 2026-04-09
Inst Owners47.47%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap62.44M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts90
Price Target13.52 (81.23%)
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)-5.63%
PT rev (3m)-5.63%
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 | 52.76 | ||
| P/S | 0.3 | ||
| P/FCF | 5.48 | ||
| P/OCF | 4.8 | ||
| P/B | 1.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.02 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY1.9%
FCF(TTM)1.36
FCFY18.25%
OCF(TTM)1.56
OCFY20.85%
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
WACC6.92%
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%.