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CECONOMY AG (CEC.DE) Stock Fundamental Analysis

FRA:CEC - Deutsche Boerse Ag - DE0007257503 - Common Stock - Currency: EUR

3.83  -0.15 (-3.77%)

Fundamental Rating

3

Taking everything into account, CEC scores 3 out of 10 in our fundamental rating. CEC was compared to 52 industry peers in the Specialty Retail industry. Both the profitability and financial health of CEC have multiple concerns. CEC has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year CEC was profitable.
In the past year CEC had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CEC reported negative net income in multiple years.
CEC had a positive operating cash flow in each of the past 5 years.
CEC.DE Yearly Net Income VS EBIT VS OCF VS FCFCEC.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

1.2 Ratios

CEC has a Return On Assets (-0.41%) which is in line with its industry peers.
The Return On Equity of CEC (-6.46%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.03%, CEC is in the better half of the industry, outperforming 78.18% of the companies in the same industry.
Industry RankSector Rank
ROA -0.41%
ROE -6.46%
ROIC 8.03%
ROA(3y)0.54%
ROA(5y)0.31%
ROE(3y)9.22%
ROE(5y)2.51%
ROIC(3y)N/A
ROIC(5y)N/A
CEC.DE Yearly ROA, ROE, ROICCEC.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 100 150

1.3 Margins

CEC's Profit Margin has declined in the last couple of years.
CEC's Operating Margin of 1.22% is in line compared to the rest of the industry. CEC outperforms 47.27% of its industry peers.
In the last couple of years the Operating Margin of CEC has declined.
With a Gross Margin value of 17.72%, CEC is not doing good in the industry: 74.55% of the companies in the same industry are doing better.
CEC's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 1.22%
PM (TTM) N/A
GM 17.72%
OM growth 3Y10.44%
OM growth 5Y-3.93%
PM growth 3Y-32.19%
PM growth 5Y-9.85%
GM growth 3Y1.03%
GM growth 5Y-1.8%
CEC.DE Yearly Profit, Operating, Gross MarginsCEC.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CEC is still creating some value.
The number of shares outstanding for CEC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, CEC has more shares outstanding
Compared to 1 year ago, CEC has an improved debt to assets ratio.
CEC.DE Yearly Shares OutstandingCEC.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
CEC.DE Yearly Total Debt VS Total AssetsCEC.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

CEC has an Altman-Z score of 2.28. This is not the best score and indicates that CEC is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.28, CEC perfoms like the industry average, outperforming 56.36% of the companies in the same industry.
CEC has a debt to FCF ratio of 5.49. This is a neutral value as CEC would need 5.49 years to pay back of all of its debts.
CEC has a Debt to FCF ratio (5.49) which is in line with its industry peers.
A Debt/Equity ratio of 3.17 is on the high side and indicates that CEC has dependencies on debt financing.
The Debt to Equity ratio of CEC (3.17) is worse than 85.45% of its industry peers.
Industry RankSector Rank
Debt/Equity 3.17
Debt/FCF 5.49
Altman-Z 2.28
ROIC/WACC1.08
WACC7.47%
CEC.DE Yearly LT Debt VS Equity VS FCFCEC.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B 5B

2.3 Liquidity

A Current Ratio of 0.93 indicates that CEC may have some problems paying its short term obligations.
CEC has a worse Current ratio (0.93) than 65.45% of its industry peers.
A Quick Ratio of 0.46 indicates that CEC may have some problems paying its short term obligations.
CEC has a Quick ratio of 0.46. This is comparable to the rest of the industry: CEC outperforms 41.82% of its industry peers.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.46
CEC.DE Yearly Current Assets VS Current LiabilitesCEC.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

3

3. Growth

3.1 Past

The earnings per share for CEC have decreased strongly by -146.37% in the last year.
Measured over the past years, CEC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.59% on average per year.
CEC shows a small growth in Revenue. In the last year, the Revenue has grown by 3.37%.
The Revenue has been growing slightly by 0.90% on average over the past years.
EPS 1Y (TTM)-146.37%
EPS 3Y-37.45%
EPS 5Y-15.59%
EPS Q2Q%-142.62%
Revenue 1Y (TTM)3.37%
Revenue growth 3Y1.66%
Revenue growth 5Y0.9%
Sales Q2Q%-1.65%

3.2 Future

The Earnings Per Share is expected to grow by 57.02% on average over the next years. This is a very strong growth
The Revenue is expected to decrease by -0.30% on average over the next years.
EPS Next Y145.39%
EPS Next 2Y86.31%
EPS Next 3Y57.02%
EPS Next 5YN/A
Revenue Next Year4.36%
Revenue Next 2Y3.21%
Revenue Next 3Y2.6%
Revenue Next 5Y-0.3%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
CEC.DE Yearly Revenue VS EstimatesCEC.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20B 40B 60B
CEC.DE Yearly EPS VS EstimatesCEC.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1 1.5 2

7

4. Valuation

4.1 Price/Earnings Ratio

CEC is valuated quite expensively with a Price/Earnings ratio of 25.53.
Compared to the rest of the industry, the Price/Earnings ratio of CEC indicates a somewhat cheap valuation: CEC is cheaper than 65.45% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CEC to the average of the S&P500 Index (27.41), we can say CEC is valued inline with the index average.
A Price/Forward Earnings ratio of 7.36 indicates a rather cheap valuation of CEC.
Based on the Price/Forward Earnings ratio, CEC is valued cheaper than 89.09% of the companies in the same industry.
CEC is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.19, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 25.53
Fwd PE 7.36
CEC.DE Price Earnings VS Forward Price EarningsCEC.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CEC is valued cheaply inside the industry as 90.91% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CEC is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.98
EV/EBITDA 3.45
CEC.DE Per share dataCEC.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CEC's earnings are expected to grow with 57.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y86.31%
EPS Next 3Y57.02%

0

5. Dividend

5.1 Amount

CEC does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

CECONOMY AG

FRA:CEC (7/11/2025, 7:00:00 PM)

3.83

-0.15 (-3.77%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)05-15 2025-05-15
Earnings (Next)08-12 2025-08-12
Inst Owners12.15%
Inst Owner ChangeN/A
Ins Owners4.85%
Ins Owner ChangeN/A
Market Cap1.86B
Analysts76.67
Price Target3.72 (-2.87%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP-2.44%
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)4.11%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)4.87%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.82%
Valuation
Industry RankSector Rank
PE 25.53
Fwd PE 7.36
P/S 0.08
P/FCF 3.98
P/OCF 2.75
P/B 2.93
P/tB N/A
EV/EBITDA 3.45
EPS(TTM)0.15
EY3.92%
EPS(NY)0.52
Fwd EY13.59%
FCF(TTM)0.96
FCFY25.13%
OCF(TTM)1.39
OCFY36.32%
SpS47.28
BVpS1.31
TBVpS-0.13
PEG (NY)0.18
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.41%
ROE -6.46%
ROCE 9.18%
ROIC 8.03%
ROICexc 11.54%
ROICexgc 17.17%
OM 1.22%
PM (TTM) N/A
GM 17.72%
FCFM 2.04%
ROA(3y)0.54%
ROA(5y)0.31%
ROE(3y)9.22%
ROE(5y)2.51%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y3.14%
ROICexcg growth 5YN/A
ROICexc growth 3Y5.41%
ROICexc growth 5Y-23.73%
OM growth 3Y10.44%
OM growth 5Y-3.93%
PM growth 3Y-32.19%
PM growth 5Y-9.85%
GM growth 3Y1.03%
GM growth 5Y-1.8%
F-Score4
Asset Turnover2.27
Health
Industry RankSector Rank
Debt/Equity 3.17
Debt/FCF 5.49
Debt/EBITDA 2.07
Cap/Depr 30.01%
Cap/Sales 0.91%
Interest Coverage 1.23
Cash Conversion 69.3%
Profit Quality N/A
Current Ratio 0.93
Quick Ratio 0.46
Altman-Z 2.28
F-Score4
WACC7.47%
ROIC/WACC1.08
Cap/Depr(3y)25.77%
Cap/Depr(5y)22.09%
Cap/Sales(3y)0.87%
Cap/Sales(5y)0.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-146.37%
EPS 3Y-37.45%
EPS 5Y-15.59%
EPS Q2Q%-142.62%
EPS Next Y145.39%
EPS Next 2Y86.31%
EPS Next 3Y57.02%
EPS Next 5YN/A
Revenue 1Y (TTM)3.37%
Revenue growth 3Y1.66%
Revenue growth 5Y0.9%
Sales Q2Q%-1.65%
Revenue Next Year4.36%
Revenue Next 2Y3.21%
Revenue Next 3Y2.6%
Revenue Next 5Y-0.3%
EBIT growth 1Y23.79%
EBIT growth 3Y12.28%
EBIT growth 5Y-3.07%
EBIT Next Year266.76%
EBIT Next 3Y61.39%
EBIT Next 5YN/A
FCF growth 1Y-45.63%
FCF growth 3Y27%
FCF growth 5YN/A
OCF growth 1Y-37.9%
OCF growth 3Y22.44%
OCF growth 5Y75.23%