View ValuationCeconomy 将来の成長Future 基準チェック /46Ceconomy利益と収益がそれぞれ年間60.1%と2.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に28.9% 59.9%なると予測されています。主要情報60.1%収益成長率59.93%EPS成長率Specialty Retail 収益成長29.2%収益成長率2.4%将来の株主資本利益率28.93%アナリストカバレッジLow最終更新日13 May 2026今後の成長に関する最新情報Price Target Changed • May 20Price target increased by 7.7% to €4.60Up from €4.27, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €4.05. The company is forecast to post earnings per share of €0.54 next year compared to a net loss per share of €0.072 last year.Price Target Changed • May 19Price target increased by 8.3% to €2.46Up from €2.27, the current price target is an average from 8 analysts. New target price is 14% below last closing price of €2.86. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.52 next year compared to a net loss per share of €0.08 last year.Price Target Changed • Jun 09Price target increased by 9.9% to €2.27Up from €2.07, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of €2.20. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.31 last year.Price Target Changed • May 18Price target increased by 8.8% to €2.07Up from €1.90, the current price target is an average from 9 analysts. New target price is 7.0% below last closing price of €2.22. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.Price Target Changed • May 16Price target increased by 9.8% to €1.99Up from €1.81, the current price target is an average from 9 analysts. New target price is 15% below last closing price of €2.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.Price Target Changed • Dec 19Price target decreased to €2.09Down from €2.30, the current price target is an average from 10 analysts. New target price is 30% above last closing price of €1.61. Stock is down 57% over the past year.すべての更新を表示Recent updatesPrice Target Changed • May 20Price target increased by 7.7% to €4.60Up from €4.27, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €4.05. The company is forecast to post earnings per share of €0.54 next year compared to a net loss per share of €0.072 last year.お知らせ • Jan 07Ceconomy AG, Annual General Meeting, Feb 18, 2026Ceconomy AG, Annual General Meeting, Feb 18, 2026, at 10:00 W. Europe Standard Time.お知らせ • Oct 16Ceconomy AG(XTRA:CEC) dropped from Germany SDAX (Total Return) IndexCeconomy AG has been dropped from the Germany Small DAX (Total Return) Index.お知らせ • Oct 10+ 3 more updatesCeconomy AG to Report Q1, 2026 Results on Feb 11, 2026Ceconomy AG announced that they will report Q1, 2026 results on Feb 11, 2026Reported Earnings • Aug 18Third quarter 2025 earnings released: €0.24 loss per share (vs €0.33 loss in 3Q 2024)Third quarter 2025 results: €0.24 loss per share (improved from €0.33 loss in 3Q 2024). Revenue: €4.80b (down 2.3% from 3Q 2024). Net loss: €114.0m (loss narrowed 30% from 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.お知らせ • Jul 31JD.com, Inc. (NasdaqGS:JD) proposed to acquire 74.65% stake in Ceconomy AG (XTRA:CEC) from Convergenta Invest GmbH, Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, freenet AG (XTRA:FNTN), BC Equities GmbH & Co. KG and others for €1.7 billion.JD.com, Inc. (NasdaqGS:JD) proposed to acquire 74.65% stake in Ceconomy AG (XTRA:CEC) from Convergenta Invest GmbH, Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, freenet AG (XTRA:FNTN), BC Equities GmbH & Co. KG and others for €1.7 billion on July 30, 2025. A cash consideration valued at €4.6 per share will be paid by JD.com, Inc. JD.com and CECONOMY’s founder family shareholder Convergenta Invest GmbH entered into a shareholder agreement, through Convergenta currently holds approximately 29.16% of the shares in CECONOMY. Convergenta has committed to tender 18.5 million shares, representing 3.81% stake into the offer, hence retaining a stake of around 25.35% in CECONOMY thereafter. The Bidder has also entered into agreements with Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, BC Equities GmbH & Co. KG and freenet AG – who together hold approximately 27.9% irrevocably undertaken to accept offer. The aggregate shareholders have irrevocably undertaken to accept the Takeover Offer with respect to 31.7% of the CECONOMY Shares in total (including 3.81% from Convergenta), securing a total shareholding of 57.1% in combination with the retained stake of JD.com’s future partner Convergenta ahead of the launch of the Takeover Offer. Upon successful completion of the offer, JD.com intends to pursue a delisting of CECONOMY. As part of the transaction, CECONOMY will remain a stand-alone business in Europe with a local independent technology stack, and no changes are planned to the workforce, employee agreements and sites. JD.com and CECONOMY have also signed an investment agreement to drive CECONOMY as a stand-alone business and accelerate CECONOMY’s transformation into Europe’s omni-channel consumer electronics platform. JD.com, renowned for its customer experience and e-commerce logistics service standards, will contribute its advanced technology, omni-channel retail expertise, and logistics and warehouse capabilities to the partnership. The transaction will be financed through a combination of acquisition loan and the Company’s cash on balance sheet. The Takeover Offer will be subject to customary conditions, including, among others, merger control, foreign direct investment and foreign subsidies clearances. The Takeover Offer will not be subject to a minimum acceptance rate. The closing of the Takeover Offer is expected to take place in the first half of 2026. Subject to a careful review of the offer document in accordance with their legal obligations, CECONOMY’s Management Board and Supervisory Board intend to recommend to shareholders the acceptance of the offer proposed. Lazard is acting as lead financial advisor to Ceconomy and J.P. Morgan is acting as financial advisor to the Supervisory Board of CECONOMY. Kirkland & Ellis is acting as legal advisor to CECONOMY. Deutsche Bank and Goldman Sachs are acting as financial advisors to JD.com and Baker McKenzie is acting as legal advisor to JD.com.お知らせ • Feb 27Ceconomy AG to Report Q4, 2025 Results on Dec 17, 2025Ceconomy AG announced that they will report Q4, 2025 results on Dec 17, 2025お知らせ • Feb 12Ceconomy AG to Report Q3, 2025 Results on Aug 12, 2025Ceconomy AG announced that they will report Q3, 2025 results on Aug 12, 2025お知らせ • Jan 09Ceconomy AG, Annual General Meeting, Feb 26, 2025Ceconomy AG, Annual General Meeting, Feb 26, 2025, at 10:00 W. Europe Standard Time.お知らせ • Oct 30+ 1 more updateCeconomy AG to Report Q1, 2025 Results on Feb 11, 2025Ceconomy AG announced that they will report Q1, 2025 results on Feb 11, 2025New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €3.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 7.7% over the past three years.Reported Earnings • Aug 15Third quarter 2024 earnings released: €0.33 loss per share (vs €0.38 loss in 3Q 2023)Third quarter 2024 results: €0.33 loss per share (improved from €0.38 loss in 3Q 2023). Revenue: €4.92b (up 8.6% from 3Q 2023). Net loss: €162.0m (loss narrowed 13% from 3Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €2.97, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 3x in the Specialty Retail industry in Germany. Total loss to shareholders of 31% over the past three years.Price Target Changed • May 19Price target increased by 8.3% to €2.46Up from €2.27, the current price target is an average from 8 analysts. New target price is 14% below last closing price of €2.86. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.52 next year compared to a net loss per share of €0.08 last year.Reported Earnings • May 16Second quarter 2024 earnings released: EPS: €0.17 (vs €0.094 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.17 (up from €0.094 loss in 2Q 2023). Revenue: €5.33b (flat on 2Q 2023). Net income: €84.0m (up €131.0m from 2Q 2023). Profit margin: 1.6% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 11First quarter 2024 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2023)First quarter 2024 results: EPS: €0.30 (up from €0.26 in 1Q 2023). Revenue: €6.98b (down 1.2% from 1Q 2023). Net income: €147.0m (up 16% from 1Q 2023). Profit margin: 2.1% (up from 1.8% in 1Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Reported Earnings • Dec 20Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: €0.08 loss per share (down from €0.31 profit in FY 2022). Revenue: €22.2b (up 2.2% from FY 2022). Net loss: €39.0m (down 131% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.お知らせ • Dec 13Ceconomy AG to Report Fiscal Year 2024 Results on Dec 18, 2024Ceconomy AG announced that they will report fiscal year 2024 results on Dec 18, 2024Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €2.37, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 42% over the past three years.お知らせ • Oct 27+ 2 more updatesCeconomy AG to Report Q3, 2024 Results on Aug 14, 2024Ceconomy AG announced that they will report Q3, 2024 results on Aug 14, 2024New Risk • Aug 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Dividend is not well covered by earnings (112% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin).Reported Earnings • Aug 13Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €4.53b (down 2.8% from 3Q 2022). Net loss: €186.0m (loss widened 96% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Germany.お知らせ • Aug 03POWER International AS completed the acquisition of MediaMarkt stores in Sweden from Ceconomy AG.POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG on February 14, 2023. As of April 4, 2023, Competition authorities approved this deal. Richard Åkerman, Peter Forsberg, Jenny Lundberg, Mikael Stabo and Anna Ribenfors of Hannes Snellman Attorneys Ltd acted as legal advisor to POWER International AS. POWER International AS completed the acquisition of MediaMarkt stores in Sweden from Ceconomy AG on August 1, 2023.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €2.74, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Specialty Retail industry in Germany. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.57 per share.New Risk • Jun 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 335% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (112% payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results.Price Target Changed • Jun 09Price target increased by 9.9% to €2.27Up from €2.07, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of €2.20. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.31 last year.Reported Earnings • May 21Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €5.30b (up 5.6% from 2Q 2022). Net loss: €47.0m (loss widened 124% from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Specialty Retail industry in Germany.Price Target Changed • May 18Price target increased by 8.8% to €2.07Up from €1.90, the current price target is an average from 9 analysts. New target price is 7.0% below last closing price of €2.22. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be €2.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Price Target Changed • May 16Price target increased by 9.8% to €1.99Up from €1.81, the current price target is an average from 9 analysts. New target price is 15% below last closing price of €2.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.03, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Specialty Retail industry in Germany. Total loss to shareholders of 6.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.22 per share.お知らせ • Feb 16POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG.POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG on February 14, 2023.Reported Earnings • Feb 15First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €7.07b (up 3.1% from 1Q 2022). Net income: €127.0m (up 4.1% from 1Q 2022). Profit margin: 1.8% (in line with 1Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany.お知らせ • Feb 15+ 1 more updateCeconomy AG to Report Q3, 2023 Results on Aug 10, 2023Ceconomy AG announced that they will report Q3, 2023 results on Aug 10, 2023Buying Opportunity • Feb 04Now 22% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be €2.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.13, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.13 per share.Price Target Changed • Dec 19Price target decreased to €2.09Down from €2.30, the current price target is an average from 10 analysts. New target price is 30% above last closing price of €1.61. Stock is down 57% over the past year.Reported Earnings • Dec 18Full year 2022 earnings releasedFull year 2022 results: Revenue: €21.8b (up 1.9% from FY 2021). Net income: €126.0m (down 43% from FY 2021). Profit margin: 0.6% (down from 1.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Dec 16Ceconomy AG to Report Q1, 2023 Results on Feb 14, 2023Ceconomy AG announced that they will report Q1, 2023 results on Feb 14, 2023Buying Opportunity • Dec 16Now 24% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be €2.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 23% share price gain to €2.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.53 per share.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.78 per share.Price Target Changed • Sep 28Price target decreased to €2.79Down from €3.07, the current price target is an average from 9 analysts. New target price is 130% above last closing price of €1.21. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €0.62 last year.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.50, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 70% over the past three years.Reported Earnings • Aug 14Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €4.66b (up 5.7% from 3Q 2021). Net loss: €95.0m (loss widened 42% from 3Q 2021). Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Germany.Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to €1.98, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 65% over the past three years.Price Target Changed • Jul 20Price target decreased to €3.78Down from €4.37, the current price target is an average from 9 analysts. New target price is 41% above last closing price of €2.69. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.45 for next year compared to €0.62 last year.Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.68, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 46% over the past three years.Reported Earnings • May 16Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: €0.06 loss per share (down from €0.26 profit in 2Q 2021). Revenue: €5.02b (up 16% from 2Q 2021). Net loss: €21.0m (down 122% from profit in 2Q 2021). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 1.1%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 09First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.34 (down from €0.43 in 1Q 2021). Revenue: €6.85b (down 8.2% from 1Q 2021). Net income: €122.0m (down 20% from 1Q 2021). Profit margin: 1.8% (down from 2.0% in 1Q 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 41%. Over the next year, revenue is forecast to grow 4.3%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Feb 03Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 10 February 2022. Payment date: 14 February 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.2%).Reported Earnings • Dec 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.62 (up from €0.66 loss in FY 2020). Revenue: €21.4b (up 2.5% from FY 2020). Net income: €222.0m (up €459.0m from FY 2020). Profit margin: 1.0% (up from net loss in FY 2020). Like-for-like sales growth: 4.1% vs FY 2020 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 45%. Earnings per share (EPS) surpassed analyst estimates by 45%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Price Target Changed • Dec 08Price target decreased to €4.95Down from €5.33, the current price target is an average from 8 analysts. New target price is 42% above last closing price of €3.48. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.45 next year compared to a net loss per share of €0.66 last year.Reported Earnings • Aug 14Third quarter 2021 earnings releasedThe company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €4.41b (up 7.3% from 3Q 2020). Net loss: €67.0m (loss narrowed 36% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Executive Departure • Jul 01Chief Executive Officer of Media-Saturn-Holding GmbH Ferran Planet has left the companyOn the 30th of June, Ferran Planet's tenure as Chief Executive Officer of Media-Saturn-Holding GmbH ended. We don't have any record of a personal shareholding under Ferran's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.67 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • May 14Second quarter 2021 earnings released: EPS €0.26 (vs €0.82 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €4.32b (down 6.7% from 2Q 2020). Net income: €94.0m (up €389.0m from 2Q 2020). Profit margin: 2.2% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 11First quarter 2021 earnings releasedThe company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €7.46b (up 9.4% from 1Q 2020). Net income: €153.0m (down 10.0% from 1Q 2020). Profit margin: 2.0% (down from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 11Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 51%. Over the next year, revenue is forecast to stay flat compared to a 7.7% growth forecast for the Specialty Retail industry in Germany.Is New 90 Day High Low • Dec 24New 90-day high: €5.83The company is up 43% from its price of €4.07 on 25 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.08 per share.Price Target Changed • Dec 18Price target raised to €4.89Up from €4.37, the current price target is an average from 10 analysts. The new target price is 14% below the current share price of €5.69. As of last close, the stock is up 7.7% over the past year.Reported Earnings • Dec 17Full year 2020 earnings released: €0.66 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: €20.8b (down 2.9% from FY 2019). Net loss: €237.0m (down 296% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Dec 17Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Over the next year, revenue is forecast to grow 1.3%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany.Is New 90 Day High Low • Dec 04New 90-day high: €4.45The company is up 16% from its price of €3.85 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.95 per share.Price Target Changed • Nov 26Price target raised to €4.37Up from €4.07, the current price target is an average from 10 analysts. The new target price is close to the current share price of €4.32. As of last close, the stock is down 1.7% over the past year.Is New 90 Day High Low • Oct 05New 90-day high: €4.22The company is up 32% from its price of €3.20 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.50 per share.Price Target Changed • Oct 05Price target raised to €3.98Up from €3.70, the current price target is an average from 10 analysts. The new target price is 5.8% below the current share price of €4.22. As of last close, the stock is down 13% over the past year.業績と収益の成長予測DB:CEC - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数9/30/202824,9353353071,11929/30/202724,0062922451,06049/30/202623,7532642071,01723/31/202623,323-608721,036N/A12/31/202523,110-1771947N/A9/30/202523,072-358601,050N/A6/30/202522,83914776982N/A3/31/202522,954-34481689N/A12/31/202423,03583666865N/A9/30/202422,44276645838N/A6/30/202422,583135679856N/A3/31/202422,192112585754N/A12/31/202322,160-19466638N/A9/30/202322,242-398281,004N/A6/30/202322,132159121,122N/A3/31/202322,263104739967N/A12/31/202221,980131626851N/A9/30/202221,768126-79127N/A6/30/202221,69948-25155N/A3/31/202221,44877391550N/A12/31/202120,751191234386N/A9/30/202121,361222309450N/A6/30/202121,465172-1,007-891N/A3/31/202121,164135331437N/A12/31/202021,474-2549451,052N/A9/30/202020,831-2371,0711,183N/A6/30/202020,555-1922,1482,276N/A3/31/202021,014-136307445N/A12/31/201921,397184N/A114N/A9/30/201921,455121N/A65N/A6/30/201921,412167N/A114N/A3/31/201921,433111N/A590N/A12/31/201821,53625N/A662N/A9/30/201821,41822N/A684N/A6/30/201821,59816N/A592N/A3/31/201821,64166N/A736N/A12/31/201721,473161N/A-356N/A9/30/201721,605134N/A758N/A6/30/201721,50427N/A1,485N/A3/31/201721,56414N/A1,229N/A12/31/201621,873-12N/A1,082N/A9/30/201621,87047N/A1,569N/A6/30/201631,080-226N/A1,635N/A3/31/201640,358-51N/A1,454N/A12/31/201548,791-446N/A1,299N/A9/30/201559,219-263N/A1,846N/A6/30/201559,38245N/A1,692N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: CECは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: CEC今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: CEC今後 3 年以内に収益を上げることが予想されます。収益対市場: CECの収益 ( 2.4% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: CECの収益 ( 2.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: CECの 自己資本利益率 は、3年後には高くなると予測されています ( 28.9 %)成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 21:51終値2026/05/22 00:00収益2026/03/31年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ceconomy AG 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。29 アナリスト機関Batuhan KarabekirBerenbergBruno MonteyneBernsteinGeoffrey d'HalluinBNP Paribas26 その他のアナリストを表示
Price Target Changed • May 20Price target increased by 7.7% to €4.60Up from €4.27, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €4.05. The company is forecast to post earnings per share of €0.54 next year compared to a net loss per share of €0.072 last year.
Price Target Changed • May 19Price target increased by 8.3% to €2.46Up from €2.27, the current price target is an average from 8 analysts. New target price is 14% below last closing price of €2.86. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.52 next year compared to a net loss per share of €0.08 last year.
Price Target Changed • Jun 09Price target increased by 9.9% to €2.27Up from €2.07, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of €2.20. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.31 last year.
Price Target Changed • May 18Price target increased by 8.8% to €2.07Up from €1.90, the current price target is an average from 9 analysts. New target price is 7.0% below last closing price of €2.22. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.
Price Target Changed • May 16Price target increased by 9.8% to €1.99Up from €1.81, the current price target is an average from 9 analysts. New target price is 15% below last closing price of €2.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.
Price Target Changed • Dec 19Price target decreased to €2.09Down from €2.30, the current price target is an average from 10 analysts. New target price is 30% above last closing price of €1.61. Stock is down 57% over the past year.
Price Target Changed • May 20Price target increased by 7.7% to €4.60Up from €4.27, the current price target is an average from 3 analysts. New target price is 14% above last closing price of €4.05. The company is forecast to post earnings per share of €0.54 next year compared to a net loss per share of €0.072 last year.
お知らせ • Jan 07Ceconomy AG, Annual General Meeting, Feb 18, 2026Ceconomy AG, Annual General Meeting, Feb 18, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Oct 16Ceconomy AG(XTRA:CEC) dropped from Germany SDAX (Total Return) IndexCeconomy AG has been dropped from the Germany Small DAX (Total Return) Index.
お知らせ • Oct 10+ 3 more updatesCeconomy AG to Report Q1, 2026 Results on Feb 11, 2026Ceconomy AG announced that they will report Q1, 2026 results on Feb 11, 2026
Reported Earnings • Aug 18Third quarter 2025 earnings released: €0.24 loss per share (vs €0.33 loss in 3Q 2024)Third quarter 2025 results: €0.24 loss per share (improved from €0.33 loss in 3Q 2024). Revenue: €4.80b (down 2.3% from 3Q 2024). Net loss: €114.0m (loss narrowed 30% from 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
お知らせ • Jul 31JD.com, Inc. (NasdaqGS:JD) proposed to acquire 74.65% stake in Ceconomy AG (XTRA:CEC) from Convergenta Invest GmbH, Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, freenet AG (XTRA:FNTN), BC Equities GmbH & Co. KG and others for €1.7 billion.JD.com, Inc. (NasdaqGS:JD) proposed to acquire 74.65% stake in Ceconomy AG (XTRA:CEC) from Convergenta Invest GmbH, Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, freenet AG (XTRA:FNTN), BC Equities GmbH & Co. KG and others for €1.7 billion on July 30, 2025. A cash consideration valued at €4.6 per share will be paid by JD.com, Inc. JD.com and CECONOMY’s founder family shareholder Convergenta Invest GmbH entered into a shareholder agreement, through Convergenta currently holds approximately 29.16% of the shares in CECONOMY. Convergenta has committed to tender 18.5 million shares, representing 3.81% stake into the offer, hence retaining a stake of around 25.35% in CECONOMY thereafter. The Bidder has also entered into agreements with Haniel Finance Deutschland GmbH, Beisheim Holding GmbH, BC Equities GmbH & Co. KG and freenet AG – who together hold approximately 27.9% irrevocably undertaken to accept offer. The aggregate shareholders have irrevocably undertaken to accept the Takeover Offer with respect to 31.7% of the CECONOMY Shares in total (including 3.81% from Convergenta), securing a total shareholding of 57.1% in combination with the retained stake of JD.com’s future partner Convergenta ahead of the launch of the Takeover Offer. Upon successful completion of the offer, JD.com intends to pursue a delisting of CECONOMY. As part of the transaction, CECONOMY will remain a stand-alone business in Europe with a local independent technology stack, and no changes are planned to the workforce, employee agreements and sites. JD.com and CECONOMY have also signed an investment agreement to drive CECONOMY as a stand-alone business and accelerate CECONOMY’s transformation into Europe’s omni-channel consumer electronics platform. JD.com, renowned for its customer experience and e-commerce logistics service standards, will contribute its advanced technology, omni-channel retail expertise, and logistics and warehouse capabilities to the partnership. The transaction will be financed through a combination of acquisition loan and the Company’s cash on balance sheet. The Takeover Offer will be subject to customary conditions, including, among others, merger control, foreign direct investment and foreign subsidies clearances. The Takeover Offer will not be subject to a minimum acceptance rate. The closing of the Takeover Offer is expected to take place in the first half of 2026. Subject to a careful review of the offer document in accordance with their legal obligations, CECONOMY’s Management Board and Supervisory Board intend to recommend to shareholders the acceptance of the offer proposed. Lazard is acting as lead financial advisor to Ceconomy and J.P. Morgan is acting as financial advisor to the Supervisory Board of CECONOMY. Kirkland & Ellis is acting as legal advisor to CECONOMY. Deutsche Bank and Goldman Sachs are acting as financial advisors to JD.com and Baker McKenzie is acting as legal advisor to JD.com.
お知らせ • Feb 27Ceconomy AG to Report Q4, 2025 Results on Dec 17, 2025Ceconomy AG announced that they will report Q4, 2025 results on Dec 17, 2025
お知らせ • Feb 12Ceconomy AG to Report Q3, 2025 Results on Aug 12, 2025Ceconomy AG announced that they will report Q3, 2025 results on Aug 12, 2025
お知らせ • Jan 09Ceconomy AG, Annual General Meeting, Feb 26, 2025Ceconomy AG, Annual General Meeting, Feb 26, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Oct 30+ 1 more updateCeconomy AG to Report Q1, 2025 Results on Feb 11, 2025Ceconomy AG announced that they will report Q1, 2025 results on Feb 11, 2025
New Risk • Sep 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €3.30, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Specialty Retail industry in Germany. Total loss to shareholders of 7.7% over the past three years.
Reported Earnings • Aug 15Third quarter 2024 earnings released: €0.33 loss per share (vs €0.38 loss in 3Q 2023)Third quarter 2024 results: €0.33 loss per share (improved from €0.38 loss in 3Q 2023). Revenue: €4.92b (up 8.6% from 3Q 2023). Net loss: €162.0m (loss narrowed 13% from 3Q 2023). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €2.97, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 3x in the Specialty Retail industry in Germany. Total loss to shareholders of 31% over the past three years.
Price Target Changed • May 19Price target increased by 8.3% to €2.46Up from €2.27, the current price target is an average from 8 analysts. New target price is 14% below last closing price of €2.86. Stock is up 29% over the past year. The company is forecast to post earnings per share of €0.52 next year compared to a net loss per share of €0.08 last year.
Reported Earnings • May 16Second quarter 2024 earnings released: EPS: €0.17 (vs €0.094 loss in 2Q 2023)Second quarter 2024 results: EPS: €0.17 (up from €0.094 loss in 2Q 2023). Revenue: €5.33b (flat on 2Q 2023). Net income: €84.0m (up €131.0m from 2Q 2023). Profit margin: 1.6% (up from net loss in 2Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 11First quarter 2024 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2023)First quarter 2024 results: EPS: €0.30 (up from €0.26 in 1Q 2023). Revenue: €6.98b (down 1.2% from 1Q 2023). Net income: €147.0m (up 16% from 1Q 2023). Profit margin: 2.1% (up from 1.8% in 1Q 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Dec 20Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: €0.08 loss per share (down from €0.31 profit in FY 2022). Revenue: €22.2b (up 2.2% from FY 2022). Net loss: €39.0m (down 131% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to stay flat during the next 3 years compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
お知らせ • Dec 13Ceconomy AG to Report Fiscal Year 2024 Results on Dec 18, 2024Ceconomy AG announced that they will report fiscal year 2024 results on Dec 18, 2024
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment improves as stock rises 32%After last week's 32% share price gain to €2.37, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Total loss to shareholders of 42% over the past three years.
お知らせ • Oct 27+ 2 more updatesCeconomy AG to Report Q3, 2024 Results on Aug 14, 2024Ceconomy AG announced that they will report Q3, 2024 results on Aug 14, 2024
New Risk • Aug 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Dividend is not well covered by earnings (112% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin).
Reported Earnings • Aug 13Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: €4.53b (down 2.8% from 3Q 2022). Net loss: €186.0m (loss widened 96% from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.2% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Aug 03POWER International AS completed the acquisition of MediaMarkt stores in Sweden from Ceconomy AG.POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG on February 14, 2023. As of April 4, 2023, Competition authorities approved this deal. Richard Åkerman, Peter Forsberg, Jenny Lundberg, Mikael Stabo and Anna Ribenfors of Hannes Snellman Attorneys Ltd acted as legal advisor to POWER International AS. POWER International AS completed the acquisition of MediaMarkt stores in Sweden from Ceconomy AG on August 1, 2023.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €2.74, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Specialty Retail industry in Germany. Total loss to shareholders of 21% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.57 per share.
New Risk • Jun 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 335% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (112% payout ratio). Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results.
Price Target Changed • Jun 09Price target increased by 9.9% to €2.27Up from €2.07, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of €2.20. Stock is down 24% over the past year. The company is forecast to post earnings per share of €0.13 for next year compared to €0.31 last year.
Reported Earnings • May 21Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: €5.30b (up 5.6% from 2Q 2022). Net loss: €47.0m (loss widened 124% from 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 6.7% growth forecast for the Specialty Retail industry in Germany.
Price Target Changed • May 18Price target increased by 8.8% to €2.07Up from €1.90, the current price target is an average from 9 analysts. New target price is 7.0% below last closing price of €2.22. Stock is down 17% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.
Buying Opportunity • May 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be €2.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Price Target Changed • May 16Price target increased by 9.8% to €1.99Up from €1.81, the current price target is an average from 9 analysts. New target price is 15% below last closing price of €2.33. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.22 for next year compared to €0.31 last year.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.03, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Specialty Retail industry in Germany. Total loss to shareholders of 6.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.22 per share.
お知らせ • Feb 16POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG.POWER International AS agreed to acquire MediaMarkt stores in Sweden from Ceconomy AG on February 14, 2023.
Reported Earnings • Feb 15First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €7.07b (up 3.1% from 1Q 2022). Net income: €127.0m (up 4.1% from 1Q 2022). Profit margin: 1.8% (in line with 1Q 2022). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Specialty Retail industry in Germany.
お知らせ • Feb 15+ 1 more updateCeconomy AG to Report Q3, 2023 Results on Aug 10, 2023Ceconomy AG announced that they will report Q3, 2023 results on Aug 10, 2023
Buying Opportunity • Feb 04Now 22% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be €2.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 36%. For the next 3 years, revenue is forecast to grow by 0.8% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to €2.13, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.13 per share.
Price Target Changed • Dec 19Price target decreased to €2.09Down from €2.30, the current price target is an average from 10 analysts. New target price is 30% above last closing price of €1.61. Stock is down 57% over the past year.
Reported Earnings • Dec 18Full year 2022 earnings releasedFull year 2022 results: Revenue: €21.8b (up 1.9% from FY 2021). Net income: €126.0m (down 43% from FY 2021). Profit margin: 0.6% (down from 1.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Dec 16Ceconomy AG to Report Q1, 2023 Results on Feb 14, 2023Ceconomy AG announced that they will report Q1, 2023 results on Feb 14, 2023
Buying Opportunity • Dec 16Now 24% undervaluedOver the last 90 days, the stock is up 31%. The fair value is estimated to be €2.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improved over the past weekAfter last week's 23% share price gain to €2.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.53 per share.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 18% share price gain to €1.66, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.78 per share.
Price Target Changed • Sep 28Price target decreased to €2.79Down from €3.07, the current price target is an average from 9 analysts. New target price is 130% above last closing price of €1.21. Stock is down 67% over the past year. The company is forecast to post earnings per share of €0.16 for next year compared to €0.62 last year.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to €1.50, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 70% over the past three years.
Reported Earnings • Aug 14Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: €4.66b (up 5.7% from 3Q 2021). Net loss: €95.0m (loss widened 42% from 3Q 2021). Over the next year, revenue is forecast to stay flat compared to a 11% growth forecast for the industry in Germany.
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to €1.98, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 65% over the past three years.
Price Target Changed • Jul 20Price target decreased to €3.78Down from €4.37, the current price target is an average from 9 analysts. New target price is 41% above last closing price of €2.69. Stock is down 32% over the past year. The company is forecast to post earnings per share of €0.45 for next year compared to €0.62 last year.
Valuation Update With 7 Day Price Move • May 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.68, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 46% over the past three years.
Reported Earnings • May 16Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: €0.06 loss per share (down from €0.26 profit in 2Q 2021). Revenue: €5.02b (up 16% from 2Q 2021). Net loss: €21.0m (down 122% from profit in 2Q 2021). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to grow 1.1%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 09First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: €0.34 (down from €0.43 in 1Q 2021). Revenue: €6.85b (down 8.2% from 1Q 2021). Net income: €122.0m (down 20% from 1Q 2021). Profit margin: 1.8% (down from 2.0% in 1Q 2021). Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) exceeded analyst estimates by 41%. Over the next year, revenue is forecast to grow 4.3%, compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Feb 03Upcoming dividend of €0.17 per shareEligible shareholders must have bought the stock before 10 February 2022. Payment date: 14 February 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.2%).
Reported Earnings • Dec 17Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: €0.62 (up from €0.66 loss in FY 2020). Revenue: €21.4b (up 2.5% from FY 2020). Net income: €222.0m (up €459.0m from FY 2020). Profit margin: 1.0% (up from net loss in FY 2020). Like-for-like sales growth: 4.1% vs FY 2020 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 45%. Earnings per share (EPS) surpassed analyst estimates by 45%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Price Target Changed • Dec 08Price target decreased to €4.95Down from €5.33, the current price target is an average from 8 analysts. New target price is 42% above last closing price of €3.48. Stock is down 20% over the past year. The company is forecast to post earnings per share of €0.45 next year compared to a net loss per share of €0.66 last year.
Reported Earnings • Aug 14Third quarter 2021 earnings releasedThe company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: €4.41b (up 7.3% from 3Q 2020). Net loss: €67.0m (loss narrowed 36% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Executive Departure • Jul 01Chief Executive Officer of Media-Saturn-Holding GmbH Ferran Planet has left the companyOn the 30th of June, Ferran Planet's tenure as Chief Executive Officer of Media-Saturn-Holding GmbH ended. We don't have any record of a personal shareholding under Ferran's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.67 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • May 14Second quarter 2021 earnings released: EPS €0.26 (vs €0.82 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €4.32b (down 6.7% from 2Q 2020). Net income: €94.0m (up €389.0m from 2Q 2020). Profit margin: 2.2% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 11First quarter 2021 earnings releasedThe company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: €7.46b (up 9.4% from 1Q 2020). Net income: €153.0m (down 10.0% from 1Q 2020). Profit margin: 2.0% (down from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 11Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 51%. Over the next year, revenue is forecast to stay flat compared to a 7.7% growth forecast for the Specialty Retail industry in Germany.
Is New 90 Day High Low • Dec 24New 90-day high: €5.83The company is up 43% from its price of €4.07 on 25 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.08 per share.
Price Target Changed • Dec 18Price target raised to €4.89Up from €4.37, the current price target is an average from 10 analysts. The new target price is 14% below the current share price of €5.69. As of last close, the stock is up 7.7% over the past year.
Reported Earnings • Dec 17Full year 2020 earnings released: €0.66 loss per shareThe company reported a poor full year result with weaker earnings, revenues and control over expenses. Full year 2020 results: Revenue: €20.8b (down 2.9% from FY 2019). Net loss: €237.0m (down 296% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 73% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Dec 17Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Over the next year, revenue is forecast to grow 1.3%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany.
Is New 90 Day High Low • Dec 04New 90-day high: €4.45The company is up 16% from its price of €3.85 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.95 per share.
Price Target Changed • Nov 26Price target raised to €4.37Up from €4.07, the current price target is an average from 10 analysts. The new target price is close to the current share price of €4.32. As of last close, the stock is down 1.7% over the past year.
Is New 90 Day High Low • Oct 05New 90-day high: €4.22The company is up 32% from its price of €3.20 on 07 July 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.50 per share.
Price Target Changed • Oct 05Price target raised to €3.98Up from €3.70, the current price target is an average from 10 analysts. The new target price is 5.8% below the current share price of €4.22. As of last close, the stock is down 13% over the past year.