Aankondiging • Jun 19
Cancom SE Confirms Consolidated Earnings Guidance for the Financial Year 2026 Cancom SE confirmed consolidated earnings guidance for the financial year 2026. For the period, the Executive Board confirmed its forecast and expects consolidated revenue of between €1,750 and €1,850 million. Upcoming Dividend • Jun 11
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 18 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.3%). Reported Earnings • May 18
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: €0.26 (up from €0.10 in 1Q 2025). Revenue: €410.9m (flat on 1Q 2025). Net income: €7.77m (up 144% from 1Q 2025). Profit margin: 1.9% (up from 0.8% in 1Q 2025). Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 4% per year. Aankondiging • May 06
Cancom SE, Annual General Meeting, Jun 17, 2026 Cancom SE, Annual General Meeting, Jun 17, 2026, at 11:00 W. Europe Standard Time. Buy Or Sell Opportunity • Apr 28
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to €24.80. The fair value is estimated to be €20.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10.0% over the last 3 years. Earnings per share has declined by 5.1%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Declared Dividend • Apr 01
Dividend of €1.00 announced Dividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 49% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Aankondiging • Mar 31
Cancom SE announces Annual dividend, payable on June 22, 2026 Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 22, 2026, ex-date on June 18, 2026 and record date on June 19, 2026. Reported Earnings • Mar 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: €0.92 (down from €0.99 in FY 2024). Revenue: €1.74b (flat on FY 2024). Net income: €28.7m (down 14% from FY 2024). Profit margin: 1.6% (down from 1.9% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year. Buy Or Sell Opportunity • Mar 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to €23.90. The fair value is estimated to be €29.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings are also forecast to grow by 31% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €24.05, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the IT industry in Germany. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €23.02 per share. Buy Or Sell Opportunity • Jan 22
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to €28.75. The fair value is estimated to be €22.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 34% per annum over the same time period. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: €0.24 (vs €0.28 in 3Q 2024) Third quarter 2025 results: EPS: €0.24 (down from €0.28 in 3Q 2024). Revenue: €423.9m (flat on 3Q 2024). Net income: €7.59m (down 18% from 3Q 2024). Profit margin: 1.8% (down from 2.2% in 3Q 2024). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 5% per year. Buy Or Sell Opportunity • Nov 14
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €26.10. The fair value is estimated to be €20.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 8.9%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 30% per annum over the same time period. Buy Or Sell Opportunity • Sep 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to €23.40. The fair value is estimated to be €29.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 8.9%. Revenue is forecast to grow by 8.6% in 2 years. Earnings are forecast to grow by 137% in the next 2 years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: €0.013 loss per share (vs €0.20 profit in 2Q 2024) Second quarter 2025 results: €0.013 loss per share (down from €0.20 profit in 2Q 2024). Revenue: €396.2m (flat on 2Q 2024). Net loss: €424.0k (down 106% from profit in 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from €0.888 to €0.795. Revenue forecast unchanged from €1.71b at last update. Net income forecast to grow 14% next year vs 27% growth forecast for IT industry in Germany. Consensus price target broadly unchanged at €27.69. Share price was steady at €22.75 over the past week. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €22.50, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the IT industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.27 per share. Major Estimate Revision • Aug 03
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €1.77b to €1.74b. EPS estimate also fell from €1.19 per share to €0.947 per share. Net income forecast to grow 36% next year vs 38% growth forecast for IT industry in Germany. Consensus price target down from €29.15 to €28.50. Share price fell 13% to €22.75 over the past week. Buy Or Sell Opportunity • Aug 01
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to €22.75. The fair value is estimated to be €30.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 7.1%. Revenue is forecast to grow by 8.2% in 2 years. Earnings are forecast to grow by 83% in the next 2 years. Upcoming Dividend • Jun 18
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 25 June 2025. Payment date: 27 June 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.4%). Buy Or Sell Opportunity • Jun 06
Now 20% undervalued Over the last 90 days, the stock has risen 10.0% to €30.05. The fair value is estimated to be €37.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 7.1%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: €0 (vs €0.29 in 1Q 2024) First quarter 2025 results: EPS: €0 (down from €0.29 in 1Q 2024). Revenue: €413.0m (down 6.3% from 1Q 2024). Net income: €3.18m (down 69% from 1Q 2024). Profit margin: 0.8% (down from 2.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • May 14
Now 21% undervalued Over the last 90 days, the stock has risen 13% to €28.40. The fair value is estimated to be €36.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 6.8%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Aankondiging • May 12
Cancom SE, Annual General Meeting, Jun 24, 2025 Cancom SE, Annual General Meeting, Jun 24, 2025, at 11:00 W. Europe Standard Time. New Risk • Apr 04
New minor risk - Dividend sustainability The dividend is not well covered by earnings. Payout ratio: 101% Dividend yield: 4.1% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. 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 • Apr 01
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: €0.99 (down from €1.03 in FY 2023). Revenue: €1.75b (up 15% from FY 2023). Net income: €33.5m (down 12% from FY 2023). Profit margin: 1.9% (down from 2.5% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 01
Cancom SE announces Annual dividend, payable on June 27, 2025 Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 27, 2025, ex-date on June 25, 2025 and record date on June 26, 2025. Buy Or Sell Opportunity • Mar 31
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to €22.44. The fair value is estimated to be €31.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 8.8%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period. Buy Or Sell Opportunity • Feb 28
Now 20% undervalued Over the last 90 days, the stock has risen 6.7% to €25.14. The fair value is estimated to be €31.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 8.8%. For the next 3 years, revenue is forecast to grow by 3.8% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period. Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: €0.28. Revenue: €424.6m (up 1.9% from 3Q 2023). Net income: €9.26m (down 12% from 3Q 2023). Profit margin: 2.2% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 40%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Germany. Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 10% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.76b to €1.71b. EPS estimate also fell from €1.28 per share to €1.15 per share. Net income forecast to shrink 9.2% next year vs 14% growth forecast for IT industry in Germany . Consensus price target down from €32.59 to €30.40. Share price was steady at €23.90 over the past week. Reported Earnings • Aug 15
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: €0.20 (up from €0.095 in 2Q 2023). Revenue: €397.5m (up 21% from 2Q 2023). Net income: €7.08m (up 105% from 2Q 2023). Profit margin: 1.8% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.85b to €1.78b. EPS estimate also fell from €1.31 per share to €1.12 per share. Net income forecast to grow 15% next year vs 19% growth forecast for IT industry in Germany. Consensus price target down from €35.36 to €33.84. Share price fell 3.1% to €29.12 over the past week. Upcoming Dividend • May 30
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 06 June 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%). Reported Earnings • May 16
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: €0.29 (up from €0.28 in 1Q 2023). Revenue: €442.9m (up 39% from 1Q 2023). Net income: €10.2m (up 1.0% from 1Q 2023). Profit margin: 2.3% (down from 3.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 13% per year. Aankondiging • May 08
Cancom SE, Annual General Meeting, Jun 05, 2024 Cancom SE, Annual General Meeting, Jun 05, 2024. Reported Earnings • Mar 30
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: €1.03 (up from €0.90 in FY 2022). Revenue: €1.54b (up 19% from FY 2022). Net income: €37.9m (up 17% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Aankondiging • Dec 13
CANCOM SE Approves Supervisory Board Changes At its meeting held on 12 December 2023, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board. Klaus Weinmann, who was appointed to the Supervisory Board by court order on 25 October 2023, was elected Chairman of the Supervisory Board at today's meeting. The previous Chairman, Mr. Stefan Kober, remains on the Supervisory Board as Deputy Chairman. In this role, he replaces Dr. Lothar Koniarski, who will step down at his own request on 31 December 2023. The Supervisory Board also intends to have Dr. Ilias Läber, Chief Executive Officer at Spectrum Value Management, appointed by the court as the sixth member of the Supervisory Board in the near future until the 2024 Annual General Meeting. Former Executive Board member Klaus Weinmann becomes Chairman of the Supervisory Board. As one of the founders of CANCOM in 1992, Klaus Weinmann played a key role in shaping the company's development. During his time as CEO until 30 September 2018, the CANCOM Group grew dynamically. The Executive Board and Supervisory Board would like to thank Dr. Koniarski in particular for his trustworthy and constructive work on the Supervisory Board of CANCOM SE over the past ten years. In addition, the Supervisory Board and the Executive Board wish the new Chairman of the Supervisory Board, Klaus Weinmann, a good start and thank Stefan Kober for his work as Chairman of the Supervisory Board. Aankondiging • Nov 29
Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH. Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH on November 27, 2023.The transaction is subject to the customary conditions precedent and antitrust approval. The transaction is expected to be completed at the beginning of January 2024. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: €0.27 (vs €0.27 in 3Q 2022) Third quarter 2023 results: EPS: €0.27 (up from €0.27 in 3Q 2022). Revenue: €421.1m (up 27% from 3Q 2022). Net income: €10.5m (up 12% from 3Q 2022). Profit margin: 2.5% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Aug 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.5% 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 136% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Shareholders have been diluted in the past year (8.5% increase in shares outstanding). Aankondiging • Jun 17
Cancom SE Confirms Swantje Schulze as Member of Supervisory Board Cancom SE at its Annual General Meeting held on 14 June 2023, confirmed Dr. Swantje Schulze as a member of the Supervisory Board. Aankondiging • Jun 16
Cancom SE Approves Dividend Cancom SE at its AGM held on June 14, 2023, approved dividend proposal of €1.00 per dividend-bearing share. Upcoming Dividend • Jun 08
Upcoming dividend of €1.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 19 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.3%). Major Estimate Revision • May 26
Consensus revenue estimates increase by 21%, EPS downgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.37b to €1.66b. EPS estimate fell from €1.40 to €1.20. Net income forecast to grow 69% next year vs 22% growth forecast for IT industry in Germany. Consensus price target of €38.00 unchanged from last update. Share price was steady at €29.06 over the past week. Aankondiging • May 26
Cancom SE Updates Financial Forecast for the Financial Year 2023 Cancom SE updated financial forecast for the financial year 2023. For the period, the company expected Revenue of €1,630 - 1,700 million (previously €1,320 - 1,390 million). Aankondiging • May 10
Cancom SE to Report Q1, 2023 Results on May 11, 2023 Cancom SE announced that they will report Q1, 2023 results on May 11, 2023 Aankondiging • Jan 04
Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh. Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh on January 3, 2022. NWC Services generated around €5 million of revenue in the 2021 financial year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.27 (vs €0.29 in 3Q 2021) Third quarter 2022 results: EPS: €0.27 (down from €0.29 in 3Q 2021). Revenue: €335.8m (up 11% from 3Q 2021). Net income: €9.40m (down 15% from 3Q 2021). Profit margin: 2.8% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.