Ceconomy AG

XTRA:CEC Stock Report

Market Cap: €1.9b

Ceconomy Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenure1.2yrs
Board average tenure5.3yrs

Recent management updates

Analysis Article Feb 20

We Think Ceconomy AG's (ETR:CEC) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights Ceconomy's Annual General Meeting to take place on 26th of February Total pay for CEO Karsten Wildberger...

Recent updates

Narrative Update Jun 23

CEC: Stable Assumptions Will Support Future Upside From Current Levels

Ceconomy’s analyst price target has been left effectively unchanged in € terms. Analysts point to only marginal tweaks in discount rate, revenue growth, profit margin and future P/E assumptions that do not materially alter their overall valuation view.
Narrative Update Jun 03

CEC: Foreign Subsidy Review Will Frame Deal Upside And CEO Transition

Analysts have adjusted their price target on Ceconomy to €4.60, with updated inputs that reflect a slightly different discount rate, modestly revised revenue growth assumptions, a higher profit margin outlook, and a somewhat lower future P/E multiple. What's in the News The European Commission has opened an in depth investigation into whether JD.com received foreign subsidies that could distort the EU internal market in its proposed acquisition of Ceconomy, citing concerns around possible preferential financing and tax incentives.
Narrative Update May 06

CEC: Fair View Will Reflect CEO Transition And Refined Risk Assumptions

Analysts have adjusted their price target on Ceconomy to €4.60, with the updated view reflecting slightly lower assumed risk through a reduced discount rate, while keeping fair value, revenue growth, profit margin and future P/E expectations broadly unchanged. What's in the News Ceconomy announced that Chief Executive Officer Dr. Kai Ulrich Deissner has asked to step down from his role for personal reasons in the course of 2026.
Narrative Update Apr 21

CEC: Stable Outlook As CEO Transition And Assumption Tweaks Will Support Fair Value

Narrative Update on Ceconomy The latest analyst price target for Ceconomy has been adjusted to €4.60, with analysts pointing to small tweaks in the discount rate and forward P/E assumptions as the main drivers behind the updated view. What's in the News Chief Executive Officer Dr. Kai-Ulrich Deissner has requested to step down from his role at Ceconomy for personal reasons in the course of 2026, prompting an upcoming leadership transition discussion.
Narrative Update Apr 07

CEC: Stable Outlook As CEO Succession Plans And Assumptions Will Support Fair Value

Analysts have adjusted their price target on Ceconomy to €4.60, in line with the prior €4.60 level. This reflects modest updates to assumptions such as a slightly higher discount rate and a marginally different future P/E outlook.
Narrative Update Mar 24

CEC: Stable Outlook As CEO Transition And Assumptions Point To Fair Value

Analysts have kept their Ceconomy price target steady at €4.60, pointing to only small tweaks in discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in their overall view. What's in the News Ceconomy announced that Chief Executive Officer Dr. Kai Ulrich Deissner has requested to step down from his role for personal reasons in the course of 2026, signaling an upcoming leadership change.
Narrative Update Mar 10

CEC: Slightly Lower Discount Rate And Margins Will Shape Fairly Valued Outlook

Analysts have adjusted their Ceconomy price target to €4.60, reflecting updated assumptions around the discount rate, modest revenue growth and profit margin expectations, as well as a slightly different forward P/E multiple. Valuation Changes Fair Value: unchanged at €4.60 per share.
Narrative Update Feb 22

CEC: Revised Multiples And Margins Will Shape Fairly Valued Outlook

Analysts have trimmed their price target on Ceconomy by €1.64 to €6.57, citing slightly lower assumed revenue growth and P/E multiples, alongside higher projected profit margins and a modestly reduced discount rate. Valuation Changes Fair Value: €4.60 unchanged, with no adjustment to the underlying estimate.
Narrative Update Feb 07

CEC: Index Removal And Unchanged Assumptions Will Guide Future Prospects

Analysts have kept their price target for Ceconomy broadly unchanged, reflecting only very small adjustments to inputs such as the discount rate, long term revenue growth, profit margins and future P/E assumptions rather than a material shift in their overall view. Valuation Changes Fair Value: unchanged at 4.6, indicating no revision to the overall estimated worth of the shares.
Narrative Update Jan 23

CEC: Index Removal And Steady Assumptions Will Shape Future Prospects

Analysts have raised their price target for Ceconomy slightly, to €4.60 from €4.53, citing updated inputs such as a modestly adjusted discount rate and future P/E assumption in their valuation work. Valuation Changes Fair Value Estimate: Adjusted slightly from €4.53 to €4.60 per share.
Narrative Update Jan 08

CEC: Index Removal And Steady Assumptions Will Shape Future Prospects

Analysts have edged their price target for Ceconomy slightly higher to €4.53, reflecting small adjustments to assumptions on discount rate, long-term revenue growth, profit margin and future P/E that keep their overall valuation view broadly unchanged. What's in the News Ceconomy AG has been dropped from the Germany Small DAX (Total Return) Index, which may affect how some index funds and ETFs gain exposure to the stock (Key Developments).
Narrative Update Dec 19

CEC: Index Removal And Mixed Profitability Assumptions Will Shape Future Performance

Analysts have trimmed their price target on Ceconomy to €4.53, reflecting slightly higher discount rates, more cautious margin expectations, and a higher assumed future P/E multiple, despite an improved revenue growth outlook. What's in the News Ceconomy AG has been removed as a constituent of the Germany Small DAX (Total Return) Index, which may affect its visibility among index-tracking investors (Key Developments).
Narrative Update Dec 05

CEC: Future Pricing Assumptions And Index Removal Will Shape Balanced Performance

Analysts have modestly raised their price target on Ceconomy to €4.53 from €4.53, reflecting slightly higher assumed discount rates and future valuation multiples while keeping long term growth and margin expectations broadly unchanged. What's in the News Ceconomy AG has been removed as a constituent from the Germany Small DAX (Total Return) Index, which may affect its visibility to index-tracking investors (Key Developments).
Narrative Update Nov 21

CEC: Incremental Margin Gains And Index Exit Will Balance Future Performance

Analysts have reiterated their price target for Ceconomy at €4.53. They cite incremental improvements in profit margin and revenue growth forecasts, but note these are offset by a modest increase in the discount rate.
Narrative Update Nov 03

CEC: Fair Value Steady As Index Exit And Minor Shifts Shape Outlook

Analysts have maintained their fair value estimate for Ceconomy at €4.53. They note that minor adjustments to discount rate, revenue growth, and profit margin estimates do not materially impact their outlook for the company's stock price.
Narrative Update Oct 20

Omnichannel Expansion And JDcom Will Shape Digital Future

Narrative Update on Ceconomy Analysts have raised Ceconomy's fair value estimate from €4.27 to €4.53 per share, citing a modest improvement in profit margin projections, while expectations for revenue growth have been lowered. What's in the News JD.com's talks to acquire Ceconomy are reportedly in the final stages, with an official deal announcement possible soon (Reuters).
Analysis Article Jun 25

Does Ceconomy (ETR:CEC) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 18

Here's What Analysts Are Forecasting For Ceconomy AG (ETR:CEC) After Its Interim Results

As you might know, Ceconomy AG ( ETR:CEC ) recently reported its half-yearly numbers. Results were roughly in line with...
Analysis Article May 13

Is It Too Late To Consider Buying Ceconomy AG (ETR:CEC)?

Ceconomy AG ( ETR:CEC ), is not the largest company out there, but it saw a decent share price growth of 17% on the...
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New Narrative Feb 25

AI And Personalized Services Will Improve Future Customer Satisfaction And Retention

Ceconomy's omnichannel and digital strategies have significantly boosted sales and market share, particularly in Germany, with continued potential for revenue growth.
Analysis Article Feb 20

We Think Ceconomy AG's (ETR:CEC) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights Ceconomy's Annual General Meeting to take place on 26th of February Total pay for CEO Karsten Wildberger...
Analysis Article Jan 15

Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Dec 25

We Think Ceconomy's (ETR:CEC) Healthy Earnings Might Be Conservative

Despite posting healthy earnings, Ceconomy AG's ( ETR:CEC ) stock has been quite weak. We have done some analysis, and...
Analysis Article Oct 12

Does Ceconomy (ETR:CEC) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 17

Ceconomy AG (ETR:CEC) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Investors in Ceconomy AG ( ETR:CEC ) had a good week, as its shares rose 3.7% to close at €2.88 following the release...
Analysis Article Jun 20

We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 23

Ceconomy (ETR:CEC) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Investors signalled that they were pleased with Ceconomy AG's ( ETR:CEC ) most recent earnings report. Looking deeper...
Analysis Article May 21

Investors Still Aren't Entirely Convinced By Ceconomy AG's (ETR:CEC) Earnings Despite 44% Price Jump

The Ceconomy AG ( ETR:CEC ) share price has done very well over the last month, posting an excellent gain of 44...
Analysis Article Feb 15

Analysts Are Updating Their Ceconomy AG (ETR:CEC) Estimates After Its First-Quarter Results

Ceconomy AG ( ETR:CEC ) last week reported its latest first-quarter results, which makes it a good time for investors...
Analysis Article Nov 15

Is Ceconomy (ETR:CEC) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 03

Calculating The Fair Value Of Ceconomy AG (ETR:CEC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ceconomy fair value estimate is €3.03 Ceconomy's €2.62 share...
Analysis Article Jun 28

We Think Ceconomy (ETR:CEC) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article May 02

A Look At The Fair Value Of Ceconomy AG (ETR:CEC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ceconomy fair value estimate is €2.93 Ceconomy's €2.76 share...
Analysis Article Mar 23

Ceconomy (ETR:CEC) Takes On Some Risk With Its Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

CEO

Ceconomy has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Remko Rijnders
CFO & Member of the Management Board1.2yrs€5.61mno data
Jan Brandt
Chief Customer Officer & Member of the Management Boardless than a yearno datano data
Iris Prufer
Chief People Officer4.5yrsno datano data
Michael Wedell
Global Director of Corporate Communications & Public Policyno datano datano data
1.2yrs
Average Tenure

Experienced Management: CEC's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christoph Vilanek
Chairman of the Supervisory Board7.2yrs€127.00kno data
Doreen Huber
Member of Supervisory Board4.4yrs€105.00kno data
Jurgen Schulz
Deputy Chairman of Supervisory Board10.6yrs€140.00kno data
Sabine Eckhardt
Supervisory Board Member5.8yrs€105.00kno data
Daniela Eckardt
Member of the Supervisory Board9yrs€70.00kno data
Ludwig Glosser
Member of the Supervisory Board9yrs€105.00kno data
Sylvia Woelke
Member of the Supervisory Board9yrs€105.00kno data
Birgit Kretschmer
Member of the Supervisory Board2.4yrs€135.00kno data
Katrin Adt
Member of the Supervisory Board4.8yrs€105.00kno data
Jurgen Kellerhals
Member of Supervisory Board4.4yrs€70.00kno data
Erich Schuhmacher
Shareholder Representative Member of Supervisory Board4yrs€70.00kno data
Paul Lehmann
Member of the Supervisory Board3.3yrs€70.00kno data
5.3yrs
Average Tenure
55yo
Average Age

Experienced Board: CEC's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 02:57
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ceconomy AG is covered by 28 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Batuhan KarabekirBerenberg
Bruno MonteyneBernstein
Geoffrey d'HalluinBNP Paribas