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CeoTronics

DB:CEK
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CEK
DB
€13M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

CeoTronics AG provides systems for mobile digital radio networks and terminal equipment used in local applications, and professional communications headsets and systems worldwide. The last earnings update was 79 days ago. More info.


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CEK Share Price and Events
7 Day Returns
5.1%
DB:CEK
-11.1%
DE Communications
0.8%
DE Market
1 Year Returns
-0.5%
DB:CEK
17.9%
DE Communications
-4.5%
DE Market
CEK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CeoTronics (CEK) 5.1% 2.8% 0% -0.5% -7% 66.7%
DE Communications -11.1% -4% 14.2% 17.9% -0.9% 48.2%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • CEK underperformed the Communications industry which returned 17.9% over the past year.
  • CEK outperformed the Market in Germany which returned -4.5% over the past year.
Price Volatility
CEK
Industry
5yr Volatility vs Market

Value

 Is CeoTronics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for CeoTronics. This is due to cash flow or dividend data being unavailable. The share price is €1.85.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CeoTronics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CeoTronics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CEK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in EUR €-0.05
DB:CEK Share Price ** DB (2019-04-25) in EUR €1.85
Germany Communications Industry PE Ratio Median Figure of 5 Publicly-Listed Communications Companies 27.71x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CeoTronics.

DB:CEK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:CEK Share Price ÷ EPS (both in EUR)

= 1.85 ÷ -0.05

-40.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CeoTronics is loss making, we can't compare its value to the DE Communications industry average.
  • CeoTronics is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does CeoTronics's expected growth come at a high price?
Raw Data
DB:CEK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -40.9x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
40.1%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.36x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CeoTronics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CeoTronics's assets?
Raw Data
DB:CEK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in EUR €1.70
DB:CEK Share Price * DB (2019-04-25) in EUR €1.85
Germany Communications Industry PB Ratio Median Figure of 7 Publicly-Listed Communications Companies 1.53x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:CEK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:CEK Share Price ÷ Book Value per Share (both in EUR)

= 1.85 ÷ 1.70

1.09x

* Primary Listing of CeoTronics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CeoTronics is good value based on assets compared to the DE Communications industry average.
X
Value checks
We assess CeoTronics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. CeoTronics has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is CeoTronics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover CeoTronics, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CeoTronics expected to grow at an attractive rate?
  • CeoTronics's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • CeoTronics's earnings growth is expected to exceed the Germany market average.
  • Unable to compare CeoTronics's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CEK Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CEK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 40.1%
Germany Communications Industry Earnings Growth Rate Market Cap Weighted Average 20.1%
Europe Communications Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CEK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CEK Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-11-30 16 1 0
2018-08-31 17 0 0
2018-05-31 18 0 0
2018-02-28 18 1 0
2017-11-30 19 2 1
2017-08-31 19 2 1
2017-05-31 20 2 1
2017-02-28 19 1 1
2016-11-30 19 0 0
2016-08-31 18 1 0
2016-05-31 18 1 -1
2016-02-29 18 1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CeoTronics's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if CeoTronics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CEK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CeoTronics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CEK Past Financials Data
Date (Data in EUR Millions) EPS *
2018-11-30 -0.05
2018-08-31 -0.04
2018-05-31 -0.03
2018-02-28 0.05
2017-11-30 0.14
2017-08-31 0.17
2017-05-31 0.19
2017-02-28 0.11
2016-11-30 0.03
2016-08-31 -0.03
2016-05-31 -0.09
2016-02-29 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CeoTronics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CeoTronics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CeoTronics has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has CeoTronics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CeoTronics's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CeoTronics does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare CeoTronics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CeoTronics's 1-year growth to the Europe Communications industry average as it is not currently profitable.
Earnings and Revenue History
CeoTronics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CeoTronics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CEK Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 15.61 -0.33 5.86 1.60
2018-08-31 16.63 -0.27 6.02 1.68
2018-05-31 17.65 -0.21 6.19 1.76
2018-02-28 18.30 0.35 6.16 1.45
2017-11-30 18.96 0.92 6.13 1.15
2017-08-31 19.31 1.09 6.16 1.40
2017-05-31 19.65 1.25 6.19 1.65
2017-02-28 19.48 0.71 6.28 2.17
2016-11-30 19.32 0.17 6.38 2.69
2016-08-31 18.42 -0.21 6.34 2.59
2016-05-31 17.52 -0.60 6.29 2.50
2016-02-29 18.42 0.10 6.28 2.36
2015-11-30 19.32 0.81 6.26 2.22
2015-08-31 18.61 0.66 6.20 2.13
2015-05-31 17.90 0.51 6.13 2.05
2015-02-28 17.07 -0.14 6.06 2.07
2014-11-30 16.25 -0.80 5.99 2.09
2014-08-31 16.85 -0.76 6.03 2.16
2014-05-31 17.45 -0.72 6.07 2.23
2014-02-28 18.65 -0.08 6.10 2.26
2013-11-30 19.84 0.55 6.13 2.29
2013-08-31 19.65 0.46 6.21 2.26
2013-05-31 19.45 0.37 6.30 2.23
2013-02-28 19.58 0.38 6.28 2.18
2012-11-30 19.70 0.39 6.25 2.12
2012-08-31 20.32 0.80 6.26 2.10
2012-05-31 20.93 1.21 6.27 2.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CeoTronics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CeoTronics has efficiently used its assets last year compared to the DE Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CeoTronics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CeoTronics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CeoTronics has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is CeoTronics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CeoTronics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CeoTronics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CeoTronics's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CeoTronics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CeoTronics Company Filings, last reported 4 months ago.

DB:CEK Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 10.90 8.04 0.19
2018-08-31 10.90 8.04 0.19
2018-05-31 10.76 7.19 0.23
2018-02-28 10.76 7.19 0.23
2017-11-30 11.32 6.89 0.21
2017-08-31 11.32 6.89 0.21
2017-05-31 11.23 5.06 0.18
2017-02-28 11.23 5.06 0.18
2016-11-30 10.83 6.07 0.15
2016-08-31 10.83 6.07 0.15
2016-05-31 10.10 5.68 0.36
2016-02-29 10.10 5.68 0.36
2015-11-30 10.81 5.74 0.25
2015-08-31 10.81 5.74 0.25
2015-05-31 11.05 6.46 0.39
2015-02-28 11.05 6.46 0.39
2014-11-30 10.27 5.29 0.13
2014-08-31 10.27 5.29 0.13
2014-05-31 10.92 4.41 0.26
2014-02-28 10.92 4.41 0.26
2013-11-30 11.25 6.34 0.37
2013-08-31 11.25 6.34 0.37
2013-05-31 11.51 4.15 0.37
2013-02-28 11.51 4.15 0.37
2012-11-30 10.75 7.11 0.41
2012-08-31 10.75 7.11 0.41
2012-05-31 11.85 3.37 1.19
  • CeoTronics's level of debt (73.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (56.1% vs 73.8% today).
  • Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
  • Unable to confirm if the interest payments on CeoTronics's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess CeoTronics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CeoTronics has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is CeoTronics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CeoTronics dividends.
If you bought €2,000 of CeoTronics shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CeoTronics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CeoTronics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CEK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CEK Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-05 0.000 0.000
2018-09-18 0.000 0.000
2017-09-11 0.050 2.290
2014-01-27 0.000 0.000
2013-09-30 0.000 0.000
2012-08-31 0.100 6.696
2012-01-20 0.000 0.000
2011-08-12 0.000 0.000
2009-09-01 0.100 4.995

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CeoTronics has not reported any payouts.
  • Unable to verify if CeoTronics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CeoTronics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CeoTronics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CeoTronics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CeoTronics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CeoTronics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of CeoTronics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Thomas Günther
CEO Bio

Mr. Thomas H. Günther serves as the Chief Executive Officer and Chairman of Management Board at CeoTronics AG and served as its Chairman of the Management Board since February 2003. Mr. Günther serves as Head of Financials, Controlling, Marketing, Sales, Product Management, Personnel, Compliance, IT and Investor Relations Department at CeoTronics AG. He served as a Head of Personnel & Investor Relations at CeoTronics AG. Mr. Günther serves as Member of Management Board at CeoTronics AG and served as its Director. He is a Businessman in Rödermark.

CEO Compensation
  • Insufficient data for Thomas to compare compensation growth.
  • Insufficient data for Thomas to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

Thomas Günther

TITLE
Chairman of Management Board & CEO
Board of Directors

Rodgau Löw

TITLE
Chairman of Supervisory Board
COMPENSATION
€21K

Hans-Dieter Günther

TITLE
Vice-Chairman of the Supervisory Board
COMPENSATION
€8K

Berthold Hemer

TITLE
Member of the Supervisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess CeoTronics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CeoTronics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

If You Had Bought CeoTronics Stock Five Years Ago, You Could Pocket A 51% Gain Today

For example, long term CeoTronics AG (FRA:CEK) shareholders have enjoyed a 51% share price rise over the last half decade, well in excess of the market return of around 27%. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Over half a decade, CeoTronics managed to grow its earnings per share at 19% a year.

Simply Wall St -

How Financially Strong Is CeoTronics AG (FRA:CEK)?

Investors are always looking for growth in small-cap stocks like CeoTronics AG (FRA:CEK), with a market cap of €13m. … However, an important fact which most ignore is: how financially healthy is the business? … in particular ones that run negative earnings,

Simply Wall St -

Is CeoTronics AG's (FRA:CEK) Balance Sheet Strong Enough To Weather A Storm?

CeoTronics AG (FRA:CEK) is a small-cap stock with a market capitalization of €11.81m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Why CeoTronics AG's (FRA:CEK) ROE Of 8.15% Does Not Tell The Whole Story

and looking to gauge the potential return on investment in CeoTronics AG (FRA:CEK). … With an ROE of 8.15%, CeoTronics AG (FRA:CEK) returned in-line to its own industry which delivered 8.18% over the past year. … But what is more interesting is whether CEK can sustain or improve on this level of return.

Simply Wall St -

What Should You Know About CeoTronics AG's (FRA:CEK) Return On Capital?

To understand CeoTronics’s capital returns we will look at a useful metric called return on capital employed. … We'll look at CeoTronics’s returns by computing return on capital employed, which will tell us what the company can generate from the money spent in operations. … I have calculated CeoTronics’s ROCE for you below: ROCE Calculation for CEK Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = €755.00K ÷ (€21.00M - €1.78M) = 3.93% CEK’s 3.93% ROCE means that for every €100 you invest, the company creates €3.9.

Simply Wall St -

Who Owns Most Of CeoTronics AG (FRA:CEK)?

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: With a low level of institutional ownership, investors in CEK need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Does CeoTronics AG (FRA:CEK) Fall With The Market?

If you are looking to invest in CeoTronics AG’s (DB:CEK), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … CEK's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … CEK, with its market capitalisation of €13.86M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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Is CeoTronics AG's (FRA:CEK) Balance Sheet Strong Enough To Weather A Storm?

Moreover, CEK has produced cash from operations of €2.25M during the same period of time, resulting in an operating cash to total debt ratio of 44.51%, meaning that CEK’s current level of operating cash is high enough to cover debt. … At the current liabilities level of €4.83M liabilities, it appears that the company has been able to meet these obligations given the level of current assets of €9.67M, with a current ratio of 2x. … For CEK, the ratio of 8.86x suggests that interest is appropriately covered, which means that lenders may be less hesitant to lend out more funding as CEK’s high interest coverage is seen as responsible and safe practice.Next Steps: Although CEK’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

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Is CeoTronics AG's (FRA:CEK) PE Ratio A Signal To Buy For Investors?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CEK Price per share = €1.85 Earnings per share = €0.143 ∴ Price-Earnings Ratio = €1.85 ÷ €0.143 = 12.9x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … At 12.9x, CEK’s P/E is lower than its industry peers (27.7x).

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Why CeoTronics AG's (FRA:CEK) ROE Of 8.15% Does Not Tell The Whole Story

See our latest analysis for CeoTronics What you must know about ROE Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity DB:CEK Last Perf Mar 16th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses. … And finally, financial leverage is simply how much of assets are funded by equity, which exhibits how sustainable the company’s capital structure is.

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Company Info

Description

CeoTronics AG provides systems for mobile digital radio networks and terminal equipment used in local applications, and professional communications headsets and systems worldwide. The company offers products for radios, such as CT-Modular Series 8 and Series 4 products for noise protection, communication under protective helmets and suits, and helmet-independent communication; CT-ClipCom EarMike, a personal protective equipment; and CT-ContactCom, a send/receive system with a bone-conduction microphone. It also provides products for ATEX-radios comprising CT-Neckband Headset Ex, a helmet-independent neckband headset; CT-ClipCom Ex communications systems; CT-PTT Headset Ex for simplex operation with radios; CT-ContactCom Ex for respiratory masks or full-protection suits; and CT-BoomMike Ex for communication in loud environments. In addition, the company offers CT Radio connectors and adapters to configure send/receive systems to radios; and CT-BluetoothAdapter to link send/receive systems. Further, it provides CT-DECT products comprising CT-DECT headset for wireless transmission of voice recorded by a noise-compensating microphone; CT-DECT multi, a portable digital radio; CT-DECT case, a mobile version of the CT-DECT radio system for industrial environments; CT-DECT conference, a short-range duplex communication product for speaking and listen simultaneously; CT-DECT plus, a handover system; and CT-DECT headset Ex, a headset with an embedded digital radio, as well as CT-WireCom digital system for two-way conversation. The company’s products and systems are used in mechanical engineering, automotive, paper production, and aviation and aerospace industries. CeoTronics AG was founded in 1985 and is headquartered in Rödermark, Germany.

Details
Name: CeoTronics AG
CEK
Exchange: DB
Founded: 1985
€12,671,988
6,599,994
Website: http://www.ceotronics.de
Address: CeoTronics AG
Adam-Opel-Strasse 6,
Rödermark,
Hessen, 63322,
Germany
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB CEK Bearer Shares Deutsche Boerse AG DE EUR 09. Nov 1998
Number of employees
Current staff
Staff numbers
132
CeoTronics employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 20:35
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/02/05
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/05/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.