CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
7.02 EUR
-0.26 (-3.57%)
Overall CSH gets a fundamental rating of 3 out of 10. We evaluated CSH against 113 industry peers in the Software industry. Both the profitability and financial health of CSH have multiple concerns. CSH does not seem to be growing, but still is valued expensively.
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
With a Return On Assets value of -3.14%, CSH is not doing good in the industry: 65.49% of the companies in the same industry are doing better.
CSH has a Return On Equity of -12.50%. This is in the lower half of the industry: CSH underperforms 69.03% of its industry peers.
CSH's Return On Invested Capital of 1.04% is in line compared to the rest of the industry. CSH outperforms 46.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
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.
CSH has a Gross Margin of 60.04%. This is in the lower half of the industry: CSH underperforms 62.83% of its industry peers.
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.
Compared to 1 year ago, CSH has a worse debt to assets ratio.
2.2 Solvency
CSH has an Altman-Z score of 2.16. 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 (2.16) which is comparable to the rest of the industry.
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 of 4.02. This is comparable to the rest of the industry: CSH outperforms 55.75% of its industry peers.
A Debt/Equity ratio of 1.10 is on the high side and indicates that CSH has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.10, CSH is doing worse than 84.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.16 |
ROIC/WACC0.15
WACC6.74%
2.3 Liquidity
CSH has a Current Ratio of 1.27. This is a normal value and indicates that CSH is financially healthy and should not expect problems in meeting 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.
CSH has a Quick ratio of 1.27. This is comparable to the rest of the industry: CSH outperforms 44.25% 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%.
CSH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.58%.
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
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 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
The Revenue growth rate is stable: in the next years the growth will be about the same 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 49.65.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CSH is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 23.51. CSH is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.65 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CSH is valued cheaply inside the industry as 87.61% of the companies are valued more expensively.
96.46% 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 | 5.16 | ||
| EV/EBITDA | 6.9 |
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 2.24, CSH pays a better dividend. On top of this CSH pays more dividend than 96.46% 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 2.31.
| 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 (12/10/2025, 12:26:13 PM)
7.02
-0.26 (-3.57%)
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 Cap58.76M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts88.89
Price Target14.32 (103.99%)
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 | 49.65 | ||
| P/S | 0.28 | ||
| P/FCF | 5.16 | ||
| P/OCF | 4.51 | ||
| P/B | 1.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.9 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY2.01%
FCF(TTM)1.36
FCFY19.4%
OCF(TTM)1.56
OCFY22.16%
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 | 2.16 |
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%.