CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
6.94 EUR
+0.24 (+3.58%)
We assign a fundamental rating of 3 out of 10 to CSH. CSH was compared to 116 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.
Of the past 5 years CSH 4 years were profitable.
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.
With a Return On Invested Capital value of 1.04%, CSH perfoms like the industry average, outperforming 45.69% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CSH is significantly below the industry average of 13.10%.
| 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's Operating Margin of 0.91% is in line compared to the rest of the industry. CSH outperforms 44.83% of its industry peers.
CSH's Operating Margin has declined in the last couple of years.
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
CSH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CSH has about the same amount of shares outstanding.
The number of shares outstanding for CSH remains at a similar level compared to 5 years ago.
CSH has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.15 indicates that CSH is not a great score, but indicates only limited risk for bankruptcy at the moment.
CSH has a Altman-Z score (2.15) which is comparable to the rest of the 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 worse Debt to Equity ratio (1.10) than 83.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.15 |
ROIC/WACC0.16
WACC6.56%
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's Current ratio of 1.27 is in line compared to the rest of the industry. CSH outperforms 41.38% 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 44.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
The earnings per share for CSH have decreased strongly by -252.87% in the last year.
CSH shows a small growth in Revenue. In the last year, the Revenue has grown by 3.58%.
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 3.11% on average per year.
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 5Y3.11%
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
CSH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 49.08, which means the current valuation is very expensive for CSH.
Based on the Price/Forward Earnings ratio, CSH is valued a bit more expensive than the industry average as 60.34% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 36.59. CSH is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CSH indicates a rather cheap valuation: CSH is cheaper than 88.79% of the companies listed in the same industry.
96.55% 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 | 5.1 | ||
| EV/EBITDA | 6.67 |
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.
CSH's Dividend Yield is rather good when compared to the industry average which is at 2.22. CSH pays more dividend than 96.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, 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 (11/28/2025, 7:00:00 PM)
6.94
+0.24 (+3.58%)
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 Cap58.09M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts88.89
Price Target13.52 (94.81%)
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)-259.35%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)-4.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.08 | ||
| P/S | 0.28 | ||
| P/FCF | 5.1 | ||
| P/OCF | 4.46 | ||
| P/B | 1.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.67 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY2.04%
FCF(TTM)1.36
FCFY19.62%
OCF(TTM)1.56
OCFY22.41%
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 | 2.15 |
F-Score5
WACC6.56%
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 5Y3.11%
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 4 / 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%.