View ValuationCeoTronics 将来の成長Future 基準チェック /36CeoTronics利益と収益がそれぞれ年間10.8%と7.9%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24.3% 10.9%なると予測されています。主要情報10.8%収益成長率10.94%EPS成長率Communications 収益成長16.5%収益成長率7.9%将来の株主資本利益率24.25%アナリストカバレッジLow最終更新日10 Jul 2026今後の成長に関する最新情報Price Target Changed • Jun 04Price target decreased by 8.6% to €16.50Down from €18.05, the current price target is an average from 2 analysts. New target price is 62% above last closing price of €10.20. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.60 last year.Price Target Changed • Jan 29Price target increased by 9.7% to €18.05Up from €16.46, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €14.55. Stock is up 139% over the past year. The company is forecast to post earnings per share of €0.67 for next year compared to €0.60 last year.お知らせ • Jan 26Ceotronics Ag Provides Earnings Guidance for the Year 2026CeoTronics AG provides earnings guidance for the year 2026. For the year, the company can maintain sales and earnings targets for the current 2025/2026 fiscal year.Price Target Changed • Apr 10Price target increased by 20% to €9.23Up from €7.72, the current price target is an average from 2 analysts. New target price is 5.6% below last closing price of €9.78. Stock is up 66% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.18 last year.Price Target Changed • Apr 18Price target increased by 46% to €7.65Up from €5.24, the current price target is provided by 1 analyst. New target price is 30% above last closing price of €5.90. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.17 for next year compared to €0.38 last year.Price Target Changed • Dec 08Price target decreased by 19% to €5.24Down from €6.49, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €4.42. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.38 last year.すべての更新を表示Recent updatesお知らせ • Jun 16Ceotronics AG Receives Order for Various Ceotronics ProductsCeotronics AG has been awarded an order by a European customer in the defence industry to supply various Ceotronics products with a total value of approximately EUR 12.5 million. The order is expected to be recognized as revenue from the First Quarter of the 2027/28 Fiscal Year onwards.Price Target Changed • Jun 04Price target decreased by 8.6% to €16.50Down from €18.05, the current price target is an average from 2 analysts. New target price is 62% above last closing price of €10.20. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.60 last year.New Risk • May 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €82.0m (US$96.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€82.0m market cap, or US$96.0m).Buy Or Sell Opportunity • Apr 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €12.60. The fair value is estimated to be €15.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.55 per share.New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €81.4m (US$94.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€81.4m market cap, or US$94.3m).Buy Or Sell Opportunity • Mar 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €11.55. The fair value is estimated to be €14.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.Reported Earnings • Feb 01First half 2026 earnings released: EPS: €0.49 (vs €0.10 in 1H 2025)First half 2026 results: EPS: €0.49 (up from €0.10 in 1H 2025). Revenue: €34.2m (up 62% from 1H 2025). Net income: €3.89m (up 388% from 1H 2025). Profit margin: 11% (up from 3.8% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 44% per year.Price Target Changed • Jan 29Price target increased by 9.7% to €18.05Up from €16.46, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €14.55. Stock is up 139% over the past year. The company is forecast to post earnings per share of €0.67 for next year compared to €0.60 last year.お知らせ • Jan 26Ceotronics Ag Provides Earnings Guidance for the Year 2026CeoTronics AG provides earnings guidance for the year 2026. For the year, the company can maintain sales and earnings targets for the current 2025/2026 fiscal year.New Risk • Nov 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.0m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€85.0m market cap, or US$98.5m).Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.40 per share.Buy Or Sell Opportunity • Nov 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to €12.05. The fair value is estimated to be €15.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Upcoming Dividend • Nov 03Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 10 November 2025. Payment date: 12 November 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €13.95, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 232% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.64 per share.Declared Dividend • Sep 26Dividend increased to €0.20Dividend of €0.20 is 33% higher than last year. Ex-date: 10th November 2025 Payment date: 12th November 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Sep 25CeoTronics AG, Annual General Meeting, Nov 07, 2025CeoTronics AG, Annual General Meeting, Nov 07, 2025, at 10:00 W. Europe Standard Time.New Risk • Sep 14New 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 7.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).New Risk • Sep 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Sep 10Full year 2025 earnings released: EPS: €0.60 (vs €0.18 in FY 2024)Full year 2025 results: EPS: €0.60 (up from €0.18 in FY 2024). Revenue: €55.8m (up 88% from FY 2024). Net income: €4.74m (up 279% from FY 2024). Profit margin: 8.5% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €11.85. The fair value is estimated to be €14.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €13.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.75 per share.New Risk • Aug 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported November 2024 fiscal period end).Buy Or Sell Opportunity • Aug 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €12.20. The fair value is estimated to be €15.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €13.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Communications industry in Europe. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.83 per share.Buy Or Sell Opportunity • Apr 24Now 22% undervaluedOver the last 90 days, the stock has risen 134% to €14.50. The fair value is estimated to be €18.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.Price Target Changed • Apr 10Price target increased by 20% to €9.23Up from €7.72, the current price target is an average from 2 analysts. New target price is 5.6% below last closing price of €9.78. Stock is up 66% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.18 last year.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €9.78, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Communications industry in Europe. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.57 per share.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €9.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Communications industry in Europe. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.41 per share.New Risk • Mar 05New 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 7.7% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€59.5m market cap, or US$64.0m).Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 94% over the past three years.Reported Earnings • Jan 29First half 2025 earnings released: EPS: €0.10 (vs €0.11 loss in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.11 loss in 1H 2024). Revenue: €21.2m (up 95% from 1H 2024). Net income: €798.0k (up €1.54m from 1H 2024). Profit margin: 3.8% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 85% over the past three years.Upcoming Dividend • Nov 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 11 November 2024. Payment date: 13 November 2024. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.9%).お知らせ • Sep 30CeoTronics AG, Annual General Meeting, Nov 08, 2024CeoTronics AG, Annual General Meeting, Nov 08, 2024, at 10:00 W. Europe Standard Time.Declared Dividend • Sep 11Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 11th November 2024 Payment date: 13th November 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 7 years. However, payments have been volatile during that time.New Risk • Aug 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported November 2023 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€39.3m market cap, or US$43.2m).New Risk • Jul 23New 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 6.8% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€41.9m market cap, or US$45.5m).Price Target Changed • Apr 18Price target increased by 46% to €7.65Up from €5.24, the current price target is provided by 1 analyst. New target price is 30% above last closing price of €5.90. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.17 for next year compared to €0.38 last year.New Risk • Mar 22New 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 7.0% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€41.4m market cap, or US$44.9m).New Risk • Feb 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€31.3m market cap, or US$34.0m).Reported Earnings • Jan 30First half 2024 earnings released: €0.10 loss per share (vs €0.29 profit in 1H 2023)First half 2024 results: €0.10 loss per share (down from €0.29 profit in 1H 2023). Revenue: €10.8m (down 30% from 1H 2023). Net loss: €741.0k (down 139% from profit in 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.New Risk • Jan 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.6x 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€28.8m market cap, or US$31.2m).Price Target Changed • Dec 08Price target decreased by 19% to €5.24Down from €6.49, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €4.42. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.38 last year.Buying Opportunity • Nov 27Now 20% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €5.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 5.9%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings is also forecast to grow by 7.3% per annum over the same time period.Upcoming Dividend • Oct 30Upcoming dividend of €0.15 per share at 3.8% yieldEligible shareholders must have bought the stock before 06 November 2023. Payment date: 08 November 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.5%).Reported Earnings • Sep 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.38 (in line with FY 2022). Revenue: €30.1m (up 3.3% from FY 2022). Net income: €2.53m (flat on FY 2022). Profit margin: 8.4% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.New Risk • Aug 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Latest financial reports are more than 6 months old (reported November 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€23.9m market cap, or US$26.4m).Buying Opportunity • Jul 19Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €4.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.Buying Opportunity • Jun 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €4.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.Reported Earnings • Feb 05First half 2023 earnings released: EPS: €0.29 (vs €0.28 in 1H 2022)First half 2023 results: EPS: €0.29 (up from €0.28 in 1H 2022). Revenue: €15.4m (up 1.5% from 1H 2022). Net income: €1.90m (up 3.5% from 1H 2022). Profit margin: 12% (in line with 1H 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 31Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.7%).Reported Earnings • Sep 07Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: €0.38 (up from €0.32 in FY 2021). Revenue: €29.1m (up 9.7% from FY 2021). Net income: €2.51m (up 19% from FY 2021). Profit margin: 8.6% (up from 7.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Communications industry in Europe.Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.36, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 47% over the past year.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to €6.34, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 89% over the past year.Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 35% share price gain to €5.28, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 53% over the past year.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €3.61, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Communications industry in Europe. Total returns to shareholders of 4.6% over the past year.Price Target Changed • Dec 09Price target decreased to €6.20Down from €6.76, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €3.89. Stock is up 28% over the past year. The company is forecast to post earnings per share of €0.31 for next year compared to €0.32 last year.Upcoming Dividend • Nov 01Inaugural dividend of €0.12 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 10 November 2021. The company last paid an ordinary dividend in September 2017. The average dividend yield among industry peers is 2.0%.Reported Earnings • Sep 08Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.6m (up 8.4% from FY 2020). Net income: €2.10m (up 28% from FY 2020). Profit margin: 7.9% (up from 6.7% in FY 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €4.06, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past year are 54%.Is New 90 Day High Low • Feb 05New 90-day high: €4.06The company is up 51% from its price of €2.68 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 29% over the same period.Price Target Changed • Feb 03Price target raised to €5.50Up from €4.92, the current price target is provided by 1 analyst. The new target price is 46% above the current share price of €3.76. As of last close, the stock is up 36% over the past year.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.54, the stock is trading at a trailing P/E ratio of 12.2x, up from the previous P/E ratio of 10.5x. This compares to an average P/E of 34x in the Communications industry in Europe. Total returns to shareholders over the past year are 26%.Is New 90 Day High Low • Jan 20New 90-day high: €3.54The company is up 37% from its price of €2.58 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 27% over the same period.Is New 90 Day High Low • Nov 19New 90-day high: €3.20The company is up 10.0% from its price of €2.90 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 8.0% over the same period.Valuation Update With 7 Day Price Move • Nov 16Market bids up stock over the past weekAfter last week's 17% share price gain to €3.10, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 24x in the Communications industry in Europe. Total returns to shareholders over the past year are 9.9%.Is New 90 Day High Low • Oct 13New 90-day low: €2.68The company is down 10.0% from its price of €2.98 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period.業績と収益の成長予測XTRA:CEK - 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5/31/202985N/AN/AN/A15/31/20287296815/31/2027698N/A215/31/202656668111/30/20256982426N/A8/31/20256261820N/A5/31/20255651315N/A2/28/202548424N/A11/30/2024403-9-6N/A8/31/2024352-11-9N/A5/31/2024301-14-12N/A2/29/2024281-10-9N/A11/30/2023260-7-6N/A8/31/2023281-2-1N/A5/31/202330335N/A2/28/202330334N/A11/30/202229323N/A8/31/202229312N/A5/31/202229301N/A2/28/202228201N/A11/30/202128202N/A8/31/202127213N/A5/31/202127225N/A2/28/202127214N/A11/30/202028303N/A8/31/202026202N/A5/31/202024202N/A2/29/202022102N/A11/30/201920002N/A8/31/2019190N/A2N/A5/31/2019170N/A1N/A2/28/2019160N/A1N/A11/30/2018160N/A1N/A8/31/2018170N/A0N/A5/31/2018180N/A0N/A2/28/2018180N/A1N/A11/30/2017191N/A2N/A8/31/2017191N/A2N/A5/31/2017201N/A2N/A2/28/2017191N/A1N/A11/30/2016190N/A0N/A8/31/2016180N/A1N/A5/31/201618-1N/A1N/A2/29/2016180N/A1N/A11/30/2015191N/A1N/A8/31/2015191N/A0N/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: CEKの予測収益成長率 (年間10.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: CEKの収益 ( 10.8% ) German市場 ( 16.9% ) よりも低い成長が予測されています。高成長収益: CEKの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: CEKの収益 ( 7.9% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: CEKの収益 ( 7.9% ) 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: CEK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 ( 24.3 %)成長企業の発掘7D1Y7D1Y7D1YTech 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2026/07/12 11:54終値2026/07/10 00:00収益2025/11/30年間収益2025/05/31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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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CeoTronics AG 1 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。2 アナリスト機関Daniel GroßjohannBankM AGBastian BrachMontega AG
Price Target Changed • Jun 04Price target decreased by 8.6% to €16.50Down from €18.05, the current price target is an average from 2 analysts. New target price is 62% above last closing price of €10.20. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.60 last year.
Price Target Changed • Jan 29Price target increased by 9.7% to €18.05Up from €16.46, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €14.55. Stock is up 139% over the past year. The company is forecast to post earnings per share of €0.67 for next year compared to €0.60 last year.
お知らせ • Jan 26Ceotronics Ag Provides Earnings Guidance for the Year 2026CeoTronics AG provides earnings guidance for the year 2026. For the year, the company can maintain sales and earnings targets for the current 2025/2026 fiscal year.
Price Target Changed • Apr 10Price target increased by 20% to €9.23Up from €7.72, the current price target is an average from 2 analysts. New target price is 5.6% below last closing price of €9.78. Stock is up 66% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.18 last year.
Price Target Changed • Apr 18Price target increased by 46% to €7.65Up from €5.24, the current price target is provided by 1 analyst. New target price is 30% above last closing price of €5.90. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.17 for next year compared to €0.38 last year.
Price Target Changed • Dec 08Price target decreased by 19% to €5.24Down from €6.49, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €4.42. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.38 last year.
お知らせ • Jun 16Ceotronics AG Receives Order for Various Ceotronics ProductsCeotronics AG has been awarded an order by a European customer in the defence industry to supply various Ceotronics products with a total value of approximately EUR 12.5 million. The order is expected to be recognized as revenue from the First Quarter of the 2027/28 Fiscal Year onwards.
Price Target Changed • Jun 04Price target decreased by 8.6% to €16.50Down from €18.05, the current price target is an average from 2 analysts. New target price is 62% above last closing price of €10.20. Stock is down 28% over the past year. The company is forecast to post earnings per share of €0.68 for next year compared to €0.60 last year.
New Risk • May 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €82.0m (US$96.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€82.0m market cap, or US$96.0m).
Buy Or Sell Opportunity • Apr 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to €12.60. The fair value is estimated to be €15.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 22x in the Communications industry in Europe. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.55 per share.
New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €81.4m (US$94.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€81.4m market cap, or US$94.3m).
Buy Or Sell Opportunity • Mar 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €11.55. The fair value is estimated to be €14.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.
Reported Earnings • Feb 01First half 2026 earnings released: EPS: €0.49 (vs €0.10 in 1H 2025)First half 2026 results: EPS: €0.49 (up from €0.10 in 1H 2025). Revenue: €34.2m (up 62% from 1H 2025). Net income: €3.89m (up 388% from 1H 2025). Profit margin: 11% (up from 3.8% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 44% per year.
Price Target Changed • Jan 29Price target increased by 9.7% to €18.05Up from €16.46, the current price target is an average from 2 analysts. New target price is 24% above last closing price of €14.55. Stock is up 139% over the past year. The company is forecast to post earnings per share of €0.67 for next year compared to €0.60 last year.
お知らせ • Jan 26Ceotronics Ag Provides Earnings Guidance for the Year 2026CeoTronics AG provides earnings guidance for the year 2026. For the year, the company can maintain sales and earnings targets for the current 2025/2026 fiscal year.
New Risk • Nov 27New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.0m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€85.0m market cap, or US$98.5m).
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €10.90, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.40 per share.
Buy Or Sell Opportunity • Nov 20Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to €12.05. The fair value is estimated to be €15.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 6.1%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Upcoming Dividend • Nov 03Upcoming dividend of €0.20 per shareEligible shareholders must have bought the stock before 10 November 2025. Payment date: 12 November 2025. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €13.95, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 232% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.64 per share.
Declared Dividend • Sep 26Dividend increased to €0.20Dividend of €0.20 is 33% higher than last year. Ex-date: 10th November 2025 Payment date: 12th November 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 19% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 25CeoTronics AG, Annual General Meeting, Nov 07, 2025CeoTronics AG, Annual General Meeting, Nov 07, 2025, at 10:00 W. Europe Standard Time.
New Risk • Sep 14New 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 7.4% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change).
New Risk • Sep 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Sep 10Full year 2025 earnings released: EPS: €0.60 (vs €0.18 in FY 2024)Full year 2025 results: EPS: €0.60 (up from €0.18 in FY 2024). Revenue: €55.8m (up 88% from FY 2024). Net income: €4.74m (up 279% from FY 2024). Profit margin: 8.5% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €11.85. The fair value is estimated to be €14.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €13.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 200% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.75 per share.
New Risk • Aug 12New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported November 2024 fiscal period end).
Buy Or Sell Opportunity • Aug 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €12.20. The fair value is estimated to be €15.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €13.30, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Communications industry in Europe. Total returns to shareholders of 173% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.83 per share.
Buy Or Sell Opportunity • Apr 24Now 22% undervaluedOver the last 90 days, the stock has risen 134% to €14.50. The fair value is estimated to be €18.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
Price Target Changed • Apr 10Price target increased by 20% to €9.23Up from €7.72, the current price target is an average from 2 analysts. New target price is 5.6% below last closing price of €9.78. Stock is up 66% over the past year. The company is forecast to post earnings per share of €0.53 for next year compared to €0.18 last year.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €9.78, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Communications industry in Europe. Total returns to shareholders of 83% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.57 per share.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment improves as stock rises 33%After last week's 33% share price gain to €9.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Communications industry in Europe. Total returns to shareholders of 110% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.41 per share.
New Risk • Mar 05New 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 7.7% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (€59.5m market cap, or US$64.0m).
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Jan 29First half 2025 earnings released: EPS: €0.10 (vs €0.11 loss in 1H 2024)First half 2025 results: EPS: €0.10 (up from €0.11 loss in 1H 2024). Revenue: €21.2m (up 95% from 1H 2024). Net income: €798.0k (up €1.54m from 1H 2024). Profit margin: 3.8% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 85% over the past three years.
Upcoming Dividend • Nov 04Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 11 November 2024. Payment date: 13 November 2024. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (2.9%).
お知らせ • Sep 30CeoTronics AG, Annual General Meeting, Nov 08, 2024CeoTronics AG, Annual General Meeting, Nov 08, 2024, at 10:00 W. Europe Standard Time.
Declared Dividend • Sep 11Dividend of €0.15 announcedShareholders will receive a dividend of €0.15. Ex-date: 11th November 2024 Payment date: 13th November 2024 Dividend yield will be 2.9%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 7 years. However, payments have been volatile during that time.
New Risk • Aug 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Latest financial reports are more than 6 months old (reported November 2023 fiscal period end). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€39.3m market cap, or US$43.2m).
New Risk • Jul 23New 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 6.8% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€41.9m market cap, or US$45.5m).
Price Target Changed • Apr 18Price target increased by 46% to €7.65Up from €5.24, the current price target is provided by 1 analyst. New target price is 30% above last closing price of €5.90. Stock is up 42% over the past year. The company is forecast to post earnings per share of €0.17 for next year compared to €0.38 last year.
New Risk • Mar 22New 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 7.0% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€41.4m market cap, or US$44.9m).
New Risk • Feb 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Market cap is less than US$100m (€31.3m market cap, or US$34.0m).
Reported Earnings • Jan 30First half 2024 earnings released: €0.10 loss per share (vs €0.29 profit in 1H 2023)First half 2024 results: €0.10 loss per share (down from €0.29 profit in 1H 2023). Revenue: €10.8m (down 30% from 1H 2023). Net loss: €741.0k (down 139% from profit in 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
New Risk • Jan 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.6x 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (€28.8m market cap, or US$31.2m).
Price Target Changed • Dec 08Price target decreased by 19% to €5.24Down from €6.49, the current price target is provided by 1 analyst. New target price is 19% above last closing price of €4.42. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.38 last year.
Buying Opportunity • Nov 27Now 20% undervaluedOver the last 90 days, the stock is up 25%. The fair value is estimated to be €5.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 5.9%. For the next 3 years, revenue is forecast to grow by 7.5% per annum. Earnings is also forecast to grow by 7.3% per annum over the same time period.
Upcoming Dividend • Oct 30Upcoming dividend of €0.15 per share at 3.8% yieldEligible shareholders must have bought the stock before 06 November 2023. Payment date: 08 November 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.5%).
Reported Earnings • Sep 05Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.38 (in line with FY 2022). Revenue: €30.1m (up 3.3% from FY 2022). Net income: €2.53m (flat on FY 2022). Profit margin: 8.4% (down from 8.6% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.6%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year.
New Risk • Aug 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended November 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Latest financial reports are more than 6 months old (reported November 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€23.9m market cap, or US$26.4m).
Buying Opportunity • Jul 19Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be €4.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.
Buying Opportunity • Jun 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be €4.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.2% per annum. Earnings is also forecast to grow by 8.2% per annum over the same time period.
Reported Earnings • Feb 05First half 2023 earnings released: EPS: €0.29 (vs €0.28 in 1H 2022)First half 2023 results: EPS: €0.29 (up from €0.28 in 1H 2022). Revenue: €15.4m (up 1.5% from 1H 2022). Net income: €1.90m (up 3.5% from 1H 2022). Profit margin: 12% (in line with 1H 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Communications industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 31Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 07 November 2022. Payment date: 09 November 2022. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.7%).
Reported Earnings • Sep 07Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: €0.38 (up from €0.32 in FY 2021). Revenue: €29.1m (up 9.7% from FY 2021). Net income: €2.51m (up 19% from FY 2021). Profit margin: 8.6% (up from 7.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Communications industry in Europe.
Valuation Update With 7 Day Price Move • May 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to €5.36, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 47% over the past year.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to €6.34, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Communications industry in Europe. Total returns to shareholders of 89% over the past year.
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment improved over the past weekAfter last week's 35% share price gain to €5.28, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Communications industry in Europe. Total returns to shareholders of 53% over the past year.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €3.61, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the Communications industry in Europe. Total returns to shareholders of 4.6% over the past year.
Price Target Changed • Dec 09Price target decreased to €6.20Down from €6.76, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €3.89. Stock is up 28% over the past year. The company is forecast to post earnings per share of €0.31 for next year compared to €0.32 last year.
Upcoming Dividend • Nov 01Inaugural dividend of €0.12 per shareEligible shareholders must have bought the stock before 08 November 2021. Payment date: 10 November 2021. The company last paid an ordinary dividend in September 2017. The average dividend yield among industry peers is 2.0%.
Reported Earnings • Sep 08Full year 2021 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: €26.6m (up 8.4% from FY 2020). Net income: €2.10m (up 28% from FY 2020). Profit margin: 7.9% (up from 6.7% in FY 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 19% share price gain to €4.06, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 36x in the Communications industry in Europe. Total returns to shareholders over the past year are 54%.
Is New 90 Day High Low • Feb 05New 90-day high: €4.06The company is up 51% from its price of €2.68 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 29% over the same period.
Price Target Changed • Feb 03Price target raised to €5.50Up from €4.92, the current price target is provided by 1 analyst. The new target price is 46% above the current share price of €3.76. As of last close, the stock is up 36% over the past year.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.54, the stock is trading at a trailing P/E ratio of 12.2x, up from the previous P/E ratio of 10.5x. This compares to an average P/E of 34x in the Communications industry in Europe. Total returns to shareholders over the past year are 26%.
Is New 90 Day High Low • Jan 20New 90-day high: €3.54The company is up 37% from its price of €2.58 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 27% over the same period.
Is New 90 Day High Low • Nov 19New 90-day high: €3.20The company is up 10.0% from its price of €2.90 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 8.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 16Market bids up stock over the past weekAfter last week's 17% share price gain to €3.10, the stock is trading at a trailing P/E ratio of 12.1x, up from the previous P/E ratio of 10.4x. This compares to an average P/E of 24x in the Communications industry in Europe. Total returns to shareholders over the past year are 9.9%.
Is New 90 Day High Low • Oct 13New 90-day low: €2.68The company is down 10.0% from its price of €2.98 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 2.0% over the same period.