Ceconomy AG

BIT:1CEC Stock Report

Market Cap: €2.1b

Ceconomy Valuation

Is 1CEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1CEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1CEC (€4.44) is trading above our estimate of fair value (€4.07)

Significantly Below Fair Value: 1CEC is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1CEC?

Key metric: As 1CEC is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 1CEC. This is calculated by dividing 1CEC's market cap by their current revenue.
What is 1CEC's PS Ratio?
PS Ratio0.09x
Sales€23.07b
Market Cap€2.14b

Price to Sales Ratio vs Peers

How does 1CEC's PS Ratio compare to its peers?

The above table shows the PS ratio for 1CEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
BAN BasicNet
1xn/a€343.2m
9831 Yamada Holdings
0.2x2.75%JP¥345.4b
002024 Suning.com
0.3x14.68%CN¥15.6b
CURY Currys
0.1x2.17%UK£1.3b
1CEC Ceconomy
0.09x1.31%€2.1b

Price-To-Sales vs Peers: 1CEC is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 1CEC's PS Ratio compare vs other companies in the European Specialty Retail Industry?

33 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.0.4x15.4%
1CEC Ceconomy
 0.09x1.31%US$2.52b
1CEC 0.1xIndustry Avg. 0.4xNo. of Companies32PS00.40.81.21.62+
33 CompaniesEstimated GrowthMarket Cap
Industry Avg.0.4x60.7%
1CEC Ceconomy
 0.09x57.42%US$2.52b
No more companies

Price-To-Sales vs Industry: 1CEC is good value based on its Price-To-Sales Ratio (0.1x) compared to the European Specialty Retail industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is 1CEC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1CEC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.09x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: 1CEC is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1CEC forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.44
€4.53
+2.14%
3.09%€4.60€4.25n/a5
Dec ’26€4.43
€4.53
+2.37%
3.09%€4.60€4.25n/a5
Nov ’26€4.37
€4.53
+3.78%
3.09%€4.60€4.25n/a5
Oct ’26€4.42
€4.33
-2.04%
11.00%€4.60€3.30n/a6
Sep ’26€4.45
€4.27
-4.04%
11.79%€4.60€3.30n/a5
Aug ’26€4.46
€4.29
-3.67%
10.77%€4.60€3.30n/a6
Jul ’26€3.71
€3.59
-3.03%
10.99%€4.25€3.00n/a7
Jun ’26€2.70
€3.56
+31.96%
10.74%€4.25€3.00n/a8
May ’26€3.11
€3.54
+13.75%
10.40%€4.25€3.00n/a8
Apr ’26€3.39
€3.54
+4.35%
10.40%€4.25€3.00n/a8
Mar ’26€3.10
€3.31
+6.68%
10.86%€3.80€2.70n/a7
Feb ’26€2.98
€3.17
+6.42%
7.85%€3.50€2.70n/a7
Jan ’26€2.63
€3.13
+19.05%
7.96%€3.50€2.70n/a7
Dec ’25€3.21
€3.00
-6.54%
10.93%€3.50€2.60€4.438
Nov ’25€2.99
€3.00
+0.47%
10.93%€3.50€2.60€4.378
Oct ’25€3.22
€3.00
-6.95%
10.93%€3.50€2.60€4.428
Sep ’25€2.66
€3.00
+12.61%
10.93%€3.50€2.60€4.458
Aug ’25€2.69
€2.94
+9.20%
12.50%€3.50€2.50€4.468
Jul ’25€3.00
€2.93
-2.51%
13.38%€3.50€2.50€3.717
Jun ’25€3.11
€2.76
-11.29%
11.11%€3.40€2.50€2.707
May ’25€2.16
€2.27
+4.84%
14.66%€2.80€1.90€3.118
Apr ’25€1.87
€2.27
+21.39%
14.66%€2.80€1.90€3.398
Mar ’25€2.02
€2.34
+15.67%
15.86%€2.90€1.90€3.109
Feb ’25€2.22
€2.34
+5.36%
15.86%€2.90€1.90€2.989
Jan ’25€2.48
€2.34
-5.61%
15.86%€2.90€1.90€2.639
Dec ’24€2.22
€2.28
+2.79%
16.03%€2.90€1.80€3.219
€4.55
Fair Value
2.4% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/29 06:46
End of Day Share Price 2025/12/29 00:00
Earnings2025/09/30
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 31 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Volker BosseBaader Helvea Equity Research
Christian ObstBaader Helvea Equity Research
Batuhan KarabekirBerenberg