Cenergy Holdings
Market Cap
€161.8m
Last Updated
2020/07/08 21:43 UTC
Data Sources
Company Financials
Executive Summary
Cenergy Holdings SA, a holding company, manufactures and sells steel pipes and cables worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with solid track record.
Share Price & News
How has Cenergy Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9CN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.2%
9CN
-2.0%
DE Electrical
1.6%
DE Market
1 Year Return
-39.6%
9CN
18.6%
DE Electrical
2.5%
DE Market
Return vs Industry: 9CN underperformed the German Electrical industry which returned 19.5% over the past year.
Return vs Market: 9CN underperformed the German Market which returned 2.1% over the past year.
Shareholder returns
| 9CN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | -2.0% | 1.6% |
| 30 Day | -13.1% | 1.0% | -1.4% |
| 90 Day | 8.1% | 29.9% | 16.4% |
| 1 Year | -39.6%-39.6% | 18.8%18.6% | 4.8%2.5% |
| 3 Year | -16.3%-16.3% | -29.7%-32.1% | 1.2%-7.1% |
| 5 Year | n/a | -22.2%-27.2% | 9.4%-5.2% |
Price Volatility Vs. Market
How volatile is Cenergy Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Cenergy Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9CN (€0.84) is trading below our estimate of fair value (€7.56)
Significantly Below Fair Value: 9CN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9CN is good value based on its PE Ratio (8x) compared to the Electrical industry average (30.1x).
PE vs Market: 9CN is good value based on its PE Ratio (8x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 9CN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 9CN is good value based on its PB Ratio (0.7x) compared to the DE Electrical industry average (2.7x).
Next Steps
Future Growth
How is Cenergy Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
57.9%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cenergy Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Cenergy Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cenergy Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Cenergy Holdings performed over the past 5 years?
65.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9CN has high quality earnings.
Growing Profit Margin: 9CN's current net profit margins (2.1%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 9CN's earnings have grown significantly by 65.3% per year over the past 5 years.
Accelerating Growth: 9CN's earnings growth over the past year (194.3%) exceeds its 5-year average (65.3% per year).
Earnings vs Industry: 9CN earnings growth over the past year (194.3%) exceeded the Electrical industry 23.5%.
Return on Equity
High ROE: 9CN's Return on Equity (8.7%) is considered low.
Next Steps
Financial Health
How is Cenergy Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 9CN's short term assets (€550.8M) do not cover its short term liabilities (€581.7M).
Long Term Liabilities: 9CN's short term assets (€550.8M) exceed its long term liabilities (€234.1M).
Debt to Equity History and Analysis
Debt Level: 9CN's debt to equity ratio (215%) is considered high.
Reducing Debt: Insufficient data to determine if 9CN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9CN's debt is well covered by operating cash flow (22%).
Interest Coverage: 9CN's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Cenergy Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 9CN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 9CN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 9CN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 9CN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 9CN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average board tenure
CEO
Alexios Alexiou
no data
Tenure
€280,000
Compensation
Mr. Alexis Alexiou serves as Co-Chief Executive Officer of Cenergy Holdings S.A. Mr. Alexiou has been General Manager and executive member of the board of directors for the Hellenic Cables Group, a member ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Company Secretary | 4.5yrs | €50.00k | no data | |
| Vice Chairman & Executive VP | 2.83yrs | €25.00k | no data | |
| Independent Non-Executive Director | 4.5yrs | €50.00k | no data | |
| Independent Non-Executive Director | 2.83yrs | €50.00k | no data | |
| Non-Executive Director | 4.5yrs | €50.00k | no data | |
| Non-Executive Director | 4.5yrs | €50.00k | no data | |
| Independent Non-Executive Director | 4.5yrs | €50.00k | no data | |
| Non-Executive Director | 1.67yrs | €25.00k | no data | |
| Independent Non Executive Director | 0.50yr | no data | no data |
4.5yrs
Average Tenure
Experienced Board: 9CN's board of directors are considered experienced (4.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cenergy Holdings SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cenergy Holdings SA
- Ticker: 9CN
- Exchange: BST
- Founded: 1949
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: €161.828m
- Shares outstanding: 190.16m
- Website: https://www.cenergyholdings.com
Number of Employees
Location
- Cenergy Holdings SA
- Avenue Marnix 30
- Brussels
- Brussels
- 1000
- Belgium
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CENER | ENXTBR (Euronext Brussels) | Yes | Ordinary Shares | BE | EUR | Dec 2016 |
| CENER | ATSE (The Athens Stock Exchange) | Yes | Ordinary Shares | GR | EUR | Dec 2016 |
| 0RL2 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Dec 2016 |
| 9CN | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Dec 2016 |
Biography
Cenergy Holdings SA, a holding company, manufactures and sells steel pipes and cables worldwide. It operates in two segments, Cables and Steel Pipes. The company offers high and extra high voltage submarine and land cables, low and medium voltage power cables, and overhead conductors for electric power distribution networks, as well as services, including turnkey, technical support, logistics, training, spare part, installation, repairs and replacement, and site acceptance test. It also provides products for the oil and gas industry, including steel pipes for onshore/offshore pipelines, offshore cables, parts for exploratory drilling, welding consumables, elements for oil and gas platforms, and LNG storage tanks. In addition, the company offers copper and fiber optic telecommunication cables for indoor or outdoor, submarine, underground, or aerial installation; instrumentation and control cables; railway, signaling, and pilot cables; and data transmission cables. Further, it offers products for the construction sector and automotive industry, such as structural elements and steel reinforcement systems for architectural, industrial, and infrastructure applications; cables for industrial applications; hollow sections; tubes; and pilling applications, as well as enameled copper and aluminum wires. Additionally, the company provides steel pipes, flexible static and dynamic submarine polyethylene pipes, and steel armored pipes used for the transportation of water and other liquids to final consumption; and steel pipes for the transportation of mineral concentrate from mines to processing plants and slurry. It serves oil and gas transportation and drilling, telecommunication and data transmission, construction and industrial, and other markets, as well as power transmission and distribution, and renewables. Cenergy Holdings SA was founded in 1949 and is headquartered in Brussels, Belgium. Cenergy Holdings SA is a subsidiary of Viohalco S.A.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/08 21:43 |
| End of Day Share Price | 2020/07/08 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.