CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - FRA:CSH - DE0005407100 - Common Stock
6.56 EUR
+0.26 (+4.13%)
We assign a fundamental rating of 3 out of 10 to CSH. CSH was compared to 107 industry peers in the Software industry. CSH has a bad profitability rating. Also its financial health evaluation is rather negative. 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.
CSH had a positive operating cash flow in the past year.
CSH had positive earnings in 4 of the past 5 years.
CSH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CSH has a Return On Assets of -3.14%. This is in the lower half of the industry: CSH underperforms 64.49% of its industry peers.
CSH's Return On Equity of -12.50% is on the low side compared to the rest of the industry. CSH is outperformed by 67.29% of its industry peers.
CSH has a Return On Invested Capital (1.04%) which is in line with its industry peers.
CSH had an Average Return On Invested Capital over the past 3 years of 3.71%. This is significantly below the industry average of 13.52%.
| 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 comparable to the rest of the industry.
In the last couple of years the Operating Margin of CSH has declined.
The Gross Margin of CSH (60.04%) is comparable to the rest of the industry.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CSH is destroying value.
Compared to 1 year ago, CSH has about the same amount of shares outstanding.
CSH has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for CSH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.12 indicates that CSH is not a great score, but indicates only limited risk for bankruptcy at the moment.
CSH has a Altman-Z score (2.12) 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.
With a Debt to FCF ratio value of 4.02, CSH perfoms like the industry average, outperforming 59.81% 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.
CSH has a worse Debt to Equity ratio (1.10) than 83.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.12 |
ROIC/WACC0.16
WACC6.61%
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 of 1.27. This is comparable to the rest of the industry: CSH outperforms 42.99% of its industry peers.
CSH has a Quick 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.
With a Quick ratio value of 1.27, CSH perfoms like the industry average, outperforming 46.73% 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%.
The Revenue has been growing slightly by 3.58% in the past 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
The Earnings Per Share is expected to grow by 16.23% on average over the next years. This is quite good.
CSH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.38% yearly.
EPS Next Y-228.95%
EPS Next 2Y-39.3%
EPS Next 3Y16.23%
EPS Next 5YN/A
Revenue Next Year1.36%
Revenue Next 2Y3.17%
Revenue Next 3Y3.77%
Revenue Next 5Y3.38%
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.
With a Price/Forward Earnings ratio of 46.39, CSH can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as CSH.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.42, CSH is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 46.39 |
4.2 Price Multiples
89.72% of the companies in the same industry are more expensive than CSH, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CSH indicates a rather cheap valuation: CSH is cheaper than 97.20% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.82 | ||
| EV/EBITDA | 6.25 |
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
With a Yearly Dividend Yield of 4.15%, CSH is a good candidate for dividend investing.
CSH's Dividend Yield is rather good when compared to the industry average which is at 2.22. CSH pays more dividend than 95.33% of the companies in the same industry.
CSH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| 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 (11/20/2025, 9:22:17 AM)
6.56
+0.26 (+4.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners47.98%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap54.91M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts88.89
Price Target14.32 (118.29%)
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)-4.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-193.78%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)-7.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 46.39 | ||
| P/S | 0.26 | ||
| P/FCF | 4.82 | ||
| P/OCF | 4.22 | ||
| P/B | 1.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.25 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY2.16%
FCF(TTM)1.36
FCFY20.76%
OCF(TTM)1.56
OCFY23.71%
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 | 2.12 |
F-Score5
WACC6.61%
ROIC/WACC0.16
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 Year1.36%
Revenue Next 2Y3.17%
Revenue Next 3Y3.77%
Revenue Next 5Y3.38%
EBIT growth 1Y-77.74%
EBIT growth 3Y3.24%
EBIT growth 5Y-5.88%
EBIT Next Year21.05%
EBIT Next 3Y41.6%
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%.