CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
7.36 EUR
+0.1 (+1.38%)
Taking everything into account, CSH scores 3 out of 10 in our fundamental rating. CSH was compared to 113 industry peers in the Software industry. CSH has a bad profitability rating. Also its financial health evaluation is rather negative. CSH does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year CSH has reported negative net income.
CSH had a positive operating cash flow in the past year.
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
The Return On Assets of CSH (-3.14%) is worse than 67.24% of its industry peers.
Looking at the Return On Equity, with a value of -12.50%, CSH is doing worse than 68.97% of the companies in the same industry.
CSH has a Return On Invested Capital (1.04%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for CSH is significantly below the industry average of 13.33%.
| 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
CSH has a Operating Margin (0.91%) which is in line with its industry peers.
In the last couple of years the Operating Margin of CSH has declined.
With a Gross Margin value of 60.04%, CSH is not doing good in the industry: 62.93% of the companies in the same industry are doing better.
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.
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.
With a Altman-Z score value of 2.17, CSH perfoms like the industry average, outperforming 42.24% 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.
Looking at the Debt to FCF ratio, with a value of 4.02, CSH is in line with its industry, outperforming 56.90% of the companies in the same industry.
A Debt/Equity ratio of 1.10 is on the high side and indicates that CSH has dependencies on debt financing.
The Debt to Equity ratio of CSH (1.10) is worse than 83.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.15
WACC6.74%
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 of 1.27. This is comparable to the rest of the industry: CSH outperforms 42.24% of its industry peers.
A Quick Ratio of 1.27 indicates that CSH should not have too much problems paying its short term obligations.
CSH has a Quick ratio of 1.27. This is comparable to the rest of the industry: CSH outperforms 45.69% of its industry peers.
| 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.
The Revenue has been growing slightly by 3.84% on average over the past years.
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
Based on estimates for the next years, CSH will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.23% on average per year.
The Revenue is expected to grow by 3.11% 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 5Y3.11%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for CSH. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 52.05, the valuation of CSH can be described as expensive.
61.21% of the companies in the same industry are cheaper than CSH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, CSH is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSH is valued cheaper than 87.07% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CSH is valued cheaply inside the industry as 96.55% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.41 | ||
| EV/EBITDA | 6.96 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CSH's earnings are expected to grow with 16.23% in the coming years.
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.
Compared to an average industry Dividend Yield of 2.24, CSH pays a better dividend. On top of this CSH pays more dividend than 97.41% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, 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 (12/5/2025, 7:00:00 PM)
7.36
+0.1 (+1.38%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners47.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap61.60M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts88.89
Price Target14.32 (94.57%)
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)-259.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-7.32%
Revenue NY rev (3m)-11.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.05 | ||
| P/S | 0.29 | ||
| P/FCF | 5.41 | ||
| P/OCF | 4.73 | ||
| P/B | 1.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.96 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY1.92%
FCF(TTM)1.36
FCFY18.5%
OCF(TTM)1.56
OCFY21.13%
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
WACC6.74%
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 5Y3.11%
EBIT growth 1Y-77.74%
EBIT growth 3Y3.24%
EBIT growth 5Y-5.88%
EBIT Next Year29.61%
EBIT Next 3Y44.31%
EBIT Next 5Y27.79%
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.
Can you provide the valuation status for CENIT AG?
ChartMill assigns a valuation rating of 3 / 10 to CENIT AG (CSH.DE). This can be considered as Overvalued.
Can you provide the profitability details for CENIT AG?
CENIT AG (CSH.DE) has a profitability rating of 3 / 10.
How sustainable is the dividend of CENIT AG (CSH.DE) stock?
The dividend rating of CENIT AG (CSH.DE) is 6 / 10 and the dividend payout ratio is 0%.