(CEC) Ceconomy - Ratings and Ratios
Exchange: XETRA •
Country: Germany •
Currency: EUR •
Type: Common Stock •
ISIN: DE0007257503
Electronics, Retail, Installation, Services, Europe
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 33.1% |
| Value at Risk 5%th | 50.0% |
| Relative Tail Risk | -8.13% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.96 |
| Alpha | 38.07 |
| CAGR/Max DD | 0.77 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.450 |
| Beta | 0.185 |
| Beta Downside | 0.624 |
| Drawdowns 3y | |
|---|---|
| Max DD | 37.91% |
| Mean DD | 12.58% |
| Median DD | 11.48% |
Description: CEC Ceconomy November 11, 2025
Ceconomy AG (XETRA:CEC) is a German-based consumer electronics retailer that operates the MediaMarkt and Saturn store chains across Germany, Austria, Switzerland, Hungary and a broader footprint in Western, Southern and Eastern Europe. The group also provides in-home technical services through its Deutsche Technikberatung brand.
In FY 2023 the company generated roughly €23 billion in revenue, delivering an EBIT margin of about 2.5 % and posting a modest same-store sales increase of +3 % YoY after the pandemic-driven slump. E-commerce now represents roughly 30 % of total sales, underscoring the sector-wide shift toward online purchasing.
Key performance drivers include European discretionary consumer spending trends, inflation-adjusted wage growth, and intense competition from pure-play online retailers such as Amazon and regional players like OTTO. Supply-chain resilience and the rollout of 5G/IoT devices also shape product mix and margin dynamics.
For a deeper, data-rich assessment of Ceconomy’s valuation and risk profile, you may find the analyst tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (3.00m TTM) > 0 and > 6% of Revenue (6% = 1.37b TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 1.58pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -2.46% (prev -3.10%; Δ 0.64pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.10 (>3.0%) and CFO 945.0m > Net Income 3.00m (YES >=105%, WARN >=100%) |
| Net Debt (-904.0m) to EBITDA (986.0m) ratio: -0.92 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.92 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (475.0m) change vs 12m ago -3.24% (target <= -2.0% for YES) |
| Gross Margin 17.91% (prev 6.89%; Δ 11.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 231.1% (prev 230.1%; Δ 0.97pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.16 (EBITDA TTM 986.0m / Interest Expense TTM 251.0m) >= 6 (WARN >= 3) |
Altman Z'' -0.52
| (A) -0.06 = (Total Current Assets 6.47b - Total Current Liabilities 7.04b) / Total Assets 9.94b |
| (B) -0.11 = Retained Earnings (Balance) -1.11b / Total Assets 9.94b |
| (C) 0.03 = EBIT TTM 292.0m / Avg Total Assets 9.88b |
| (D) 0.01 = Book Value of Equity 131.0m / Total Liabilities 9.42b |
| Total Rating: -0.52 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 67.75
| 1. Piotroski 5.0pt |
| 2. FCF Yield 19.99% |
| 3. FCF Margin 3.40% |
| 4. Debt/Equity 4.96 |
| 5. Debt/Ebitda -0.92 |
| 6. ROIC - WACC (= 26.62)% |
| 7. RoE 0.51% |
| 8. Rev. Trend 0.33% |
| 9. EPS Trend -13.45% |
What is the price of CEC shares?
As of December 14, 2025, the stock is trading at EUR 4.38 with a total of 169,814 shares traded.
Over the past week, the price has changed by +0.23%, over one month by -1.02%, over three months by -0.79% and over the past year by +37.91%.
Over the past week, the price has changed by +0.23%, over one month by -1.02%, over three months by -0.79% and over the past year by +37.91%.
Is CEC a buy, sell or hold?
Ceconomy has no consensus analysts rating.
What are the forecasts/targets for the CEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4.5 | 3.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 4.5 | 2.1% |
CEC Fundamental Data Overview December 11, 2025
Market Cap USD = 2.58b (2.21b EUR * 1.1701 EUR.USD)
Market Cap EUR = 2.21b (2.21b EUR * 1.0 EUR.EUR)
P/E Trailing = 455.0
P/S = 0.0967
P/B = 4.1617
Beta = 2.113
Revenue TTM = 22.82b EUR
EBIT TTM = 292.0m EUR
EBITDA TTM = 986.0m EUR
Long Term Debt = 1.97b EUR (from longTermDebt, last quarter)
Short Term Debt = 611.0m EUR (from shortTermDebt, last quarter)
Debt = 2.58b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -904.0m EUR (from netDebt column, last quarter)
Enterprise Value = 3.88b EUR (2.21b + Debt 2.58b - CCE 904.0m)
Interest Coverage Ratio = 1.16 (Ebit TTM 292.0m / Interest Expense TTM 251.0m)
FCF Yield = 19.99% (FCF TTM 776.0m / Enterprise Value 3.88b)
FCF Margin = 3.40% (FCF TTM 776.0m / Revenue TTM 22.82b)
Net Margin = 0.01% (Net Income TTM 3.00m / Revenue TTM 22.82b)
Gross Margin = 17.91% ((Revenue TTM 22.82b - Cost of Revenue TTM 18.74b) / Revenue TTM)
Gross Margin QoQ = 17.82% (prev 18.20%)
Tobins Q-Ratio = 0.39 (Enterprise Value 3.88b / Total Assets 9.94b)
Interest Expense / Debt = 2.02% (Interest Expense 52.0m / Debt 2.58b)
Taxrate = 14.93% (-20.0m / -134.0m)
NOPAT = 248.4m (EBIT 292.0m * (1 - 14.93%))
Current Ratio = 0.92 (Total Current Assets 6.47b / Total Current Liabilities 7.04b)
Debt / Equity = 4.96 (Debt 2.58b / totalStockholderEquity, last quarter 520.0m)
Debt / EBITDA = -0.92 (Net Debt -904.0m / EBITDA 986.0m)
Debt / FCF = -1.16 (Net Debt -904.0m / FCF TTM 776.0m)
Total Stockholder Equity = 584.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.03% (Net Income 3.00m / Total Assets 9.94b)
RoE = 0.51% (Net Income TTM 3.00m / Total Stockholder Equity 584.5m)
RoCE = 11.44% (EBIT 292.0m / Capital Employed (Equity 584.5m + L.T.Debt 1.97b))
RoIC = 30.63% (NOPAT 248.4m / Invested Capital 811.0m)
WACC = 4.01% (E(2.21b)/V(4.79b) * Re(6.70%) + D(2.58b)/V(4.79b) * Rd(2.02%) * (1-Tc(0.15)))
Discount Rate = 6.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -3.20%
[DCF Debug] Terminal Value 75.84% ; FCFE base≈710.0m ; Y1≈609.3m ; Y5≈476.1m
Fair Price DCF = 17.92 (DCF Value 8.69b / Shares Outstanding 485.2m; 5y FCF grow -17.26% → 3.0% )
EPS Correlation: -13.45 | EPS CAGR: -15.27% | SUE: 0.0 | # QB: 0
Revenue Correlation: 0.33 | Revenue CAGR: -1.93% | SUE: -0.08 | # QB: 0
EPS next Year (2026-09-30): EPS=0.55 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+35.1% | Growth Revenue=+2.7%
Market Cap EUR = 2.21b (2.21b EUR * 1.0 EUR.EUR)
P/E Trailing = 455.0
P/S = 0.0967
P/B = 4.1617
Beta = 2.113
Revenue TTM = 22.82b EUR
EBIT TTM = 292.0m EUR
EBITDA TTM = 986.0m EUR
Long Term Debt = 1.97b EUR (from longTermDebt, last quarter)
Short Term Debt = 611.0m EUR (from shortTermDebt, last quarter)
Debt = 2.58b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -904.0m EUR (from netDebt column, last quarter)
Enterprise Value = 3.88b EUR (2.21b + Debt 2.58b - CCE 904.0m)
Interest Coverage Ratio = 1.16 (Ebit TTM 292.0m / Interest Expense TTM 251.0m)
FCF Yield = 19.99% (FCF TTM 776.0m / Enterprise Value 3.88b)
FCF Margin = 3.40% (FCF TTM 776.0m / Revenue TTM 22.82b)
Net Margin = 0.01% (Net Income TTM 3.00m / Revenue TTM 22.82b)
Gross Margin = 17.91% ((Revenue TTM 22.82b - Cost of Revenue TTM 18.74b) / Revenue TTM)
Gross Margin QoQ = 17.82% (prev 18.20%)
Tobins Q-Ratio = 0.39 (Enterprise Value 3.88b / Total Assets 9.94b)
Interest Expense / Debt = 2.02% (Interest Expense 52.0m / Debt 2.58b)
Taxrate = 14.93% (-20.0m / -134.0m)
NOPAT = 248.4m (EBIT 292.0m * (1 - 14.93%))
Current Ratio = 0.92 (Total Current Assets 6.47b / Total Current Liabilities 7.04b)
Debt / Equity = 4.96 (Debt 2.58b / totalStockholderEquity, last quarter 520.0m)
Debt / EBITDA = -0.92 (Net Debt -904.0m / EBITDA 986.0m)
Debt / FCF = -1.16 (Net Debt -904.0m / FCF TTM 776.0m)
Total Stockholder Equity = 584.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.03% (Net Income 3.00m / Total Assets 9.94b)
RoE = 0.51% (Net Income TTM 3.00m / Total Stockholder Equity 584.5m)
RoCE = 11.44% (EBIT 292.0m / Capital Employed (Equity 584.5m + L.T.Debt 1.97b))
RoIC = 30.63% (NOPAT 248.4m / Invested Capital 811.0m)
WACC = 4.01% (E(2.21b)/V(4.79b) * Re(6.70%) + D(2.58b)/V(4.79b) * Rd(2.02%) * (1-Tc(0.15)))
Discount Rate = 6.70% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -3.20%
[DCF Debug] Terminal Value 75.84% ; FCFE base≈710.0m ; Y1≈609.3m ; Y5≈476.1m
Fair Price DCF = 17.92 (DCF Value 8.69b / Shares Outstanding 485.2m; 5y FCF grow -17.26% → 3.0% )
EPS Correlation: -13.45 | EPS CAGR: -15.27% | SUE: 0.0 | # QB: 0
Revenue Correlation: 0.33 | Revenue CAGR: -1.93% | SUE: -0.08 | # QB: 0
EPS next Year (2026-09-30): EPS=0.55 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+35.1% | Growth Revenue=+2.7%