CENIT AG (CSH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CSH - DE0005407100 - Common Stock
7.4 EUR
-0.08 (-1.07%)
Taking everything into account, CSH scores 3 out of 10 in our fundamental rating. CSH was compared to 125 industry peers in the Software industry. Both the profitability and financial health of CSH have multiple concerns. CSH is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- CSH had negative earnings in the past year.
- 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
- With a Return On Assets value of -3.14%, CSH is not doing good in the industry: 64.80% of the companies in the same industry are doing better.
- Looking at the Return On Equity, with a value of -12.50%, CSH is doing worse than 69.60% of the companies in the same industry.
- CSH has a Return On Invested Capital (1.04%) which is in line with its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CSH is significantly below the industry average of 12.89%.
| 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
- Looking at the Operating Margin, with a value of 0.91%, CSH is in line with its industry, outperforming 48.00% of the companies in the same industry.
- 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: 64.00% of the companies in the same industry are doing better.
- 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CSH is destroying value.
- The number of shares outstanding for CSH remains at a similar level compared to 1 year ago.
- CSH has about the same amout of shares outstanding than it did 5 years ago.
- CSH has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.17 indicates that CSH is not a great score, but indicates only limited risk for bankruptcy at the moment.
- CSH has a worse Altman-Z score (2.17) than 60.00% of its industry peers.
- 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 in line with its industry peers.
- 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 83.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | 4.02 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.15
WACC6.92%
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 40.80% 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 (1.27) which is comparable to the rest of the 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
- 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.
- The Revenue is expected to grow by 2.81% 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 5Y2.81%
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- CSH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- CSH is valuated quite expensively with a Price/Forward Earnings ratio of 52.33.
- CSH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CSH is more expensive than 60.00% of the companies in the same industry.
- CSH's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.33 |
4.2 Price Multiples
- 88.80% 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 96.80% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.43 | ||
| EV/EBITDA | 7.04 |
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 0.62, CSH pays a better dividend. On top of this CSH pays more dividend than 96.80% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.92, 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 (1/16/2026, 5:28:00 PM)
7.4
-0.08 (-1.07%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-06 2025-11-06
Earnings (Next)04-09 2026-04-09
Inst Owners47.47%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap61.94M
Revenue(TTM)210.10M
Net Income(TTM)-4.64M
Analysts90
Price Target14.32 (93.51%)
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)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.33 | ||
| P/S | 0.29 | ||
| P/FCF | 5.43 | ||
| P/OCF | 4.76 | ||
| P/B | 1.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.04 |
EPS(TTM)-0.55
EYN/A
EPS(NY)0.14
Fwd EY1.91%
FCF(TTM)1.36
FCFY18.4%
OCF(TTM)1.56
OCFY21.02%
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
WACC6.92%
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 5Y2.81%
EBIT growth 1Y-77.74%
EBIT growth 3Y3.24%
EBIT growth 5Y-5.88%
EBIT Next Year29.61%
EBIT Next 3Y44.31%
EBIT Next 5Y27.42%
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.
What is the valuation status of CENIT AG (CSH.DE) stock?
ChartMill assigns a valuation rating of 3 / 10 to CENIT AG (CSH.DE). This can be considered as Overvalued.
How profitable is CENIT AG (CSH.DE) stock?
CENIT AG (CSH.DE) has a profitability rating of 3 / 10.
What is the earnings growth outlook for CENIT AG?
The Earnings per Share (EPS) of CENIT AG (CSH.DE) is expected to decline by -228.95% in the next year.
Is the dividend of CENIT AG sustainable?
The dividend rating of CENIT AG (CSH.DE) is 6 / 10 and the dividend payout ratio is 0%.