(CEK) CeoTronics - Ratings and Ratios
Headsets, Intercom Systems, Radio Adapters, Communication Devices
Description: CEK CeoTronics
CeoTronics AG is a specialist in mobile digital radio networks and professional communication solutions, catering to high-stakes industries such as fire brigades, military, and aerospace. The companys product portfolio includes a range of intercom systems, headsets, and remote units designed for demanding environments. With a strong presence in Germany and international markets, CeoTronics AG has established itself as a key player in the communications equipment sector.
CeoTronics AGs product offerings are characterized by their high degree of specialization and adaptability to specific industry needs. For instance, their headsets, such as the CT-ThroatMike Comfort, are designed for use in extreme conditions, including full protection suits. This focus on niche applications enables the company to maintain a competitive edge in a relatively niche market. The companys customer base includes critical infrastructure operators, such as energy suppliers and nuclear facilities, as well as defense and security agencies.
From a technical analysis perspective, CeoTronics AGs stock (CEK) has demonstrated a strong upward trend, with the short-term Simple Moving Average (SMA20) at €14.69 and the long-term SMA200 at €7.17, indicating a significant bullish crossover. The Average True Range (ATR) of €1.35, representing 8.70% of the last price, suggests moderate volatility. Given the current price of €15.55, which is near the 52-week high of €16.30, the stock may be poised for a continued upward trajectory, potentially driven by the companys strong product portfolio and niche market positioning.
Fundamentally, CeoTronics AGs market capitalization stands at €124.09M, with a Price-to-Earnings (P/E) ratio of 39.87, indicating a relatively high valuation. However, the companys Return on Equity (RoE) of 9.65% suggests a decent level of profitability. Considering the absence of a forward P/E ratio, it is likely that analysts are awaiting upcoming earnings reports to reassess their estimates. Based on the available data, a forecast for CeoTronics AGs stock could be informed by the intersection of technical and fundamental analysis. Assuming the current trend continues, and factoring in the companys niche market expertise and relatively robust financials, a potential price target could be €18-20 in the next 6-12 months, representing a 15-28% upside from current levels.
In conclusion, CeoTronics AGs unique product offerings, strong market positioning, and favorable technical trends make a compelling case for potential investment. However, investors should carefully consider the companys valuation and the absence of forward earnings estimates before making a decision.
CEK Stock Overview
| Market Cap in USD | 103m |
| Sub-Industry | Communications Equipment |
| IPO / Inception |
CEK Stock Ratings
| Growth Rating | 89.4% |
| Fundamental | 35.9% |
| Dividend Rating | 58.2% |
| Return 12m vs S&P 500 | 109% |
| Analyst Rating | - |
CEK Dividends
| Dividend Yield 12m | 1.53% |
| Yield on Cost 5y | 5.77% |
| Annual Growth 5y | 5.74% |
| Payout Consistency | 98.0% |
| Payout Ratio | 38.5% |
CEK Growth Ratios
| Growth Correlation 3m | -75.8% |
| Growth Correlation 12m | 88.2% |
| Growth Correlation 5y | 82.9% |
| CAGR 5y | 35.67% |
| CAGR/Max DD 5y | 0.70 |
| Sharpe Ratio 12m | -0.06 |
| Alpha | 134.22 |
| Beta | 0.693 |
| Volatility | 55.00% |
| Current Volume | 6.4k |
| Average Volume 20d | 11.4k |
| Stop Loss | 11.3 (-7%) |
| Signal | 0.43 |
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (1.91m TTM) > 0 and > 6% of Revenue (6% = 3.53m TTM) |
| FCFTA -0.31 (>2.0%) and ΔFCFTA -42.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 20.90% (prev 32.00%; Δ -11.10pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.14 (>3.0%) and CFO -6.26m <= Net Income 1.91m (YES >=105%, WARN >=100%) |
| Net Debt (17.7m) to EBITDA (6.03m) ratio: 2.93 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.67 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (6.60m) change vs 12m ago -0.00% (target <= -2.0% for YES) |
| Gross Margin 44.32% (prev 48.16%; Δ -3.84pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 160.9% (prev 153.7%; Δ 7.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.30 (EBITDA TTM 6.03m / Interest Expense TTM 1.08m) >= 6 (WARN >= 3) |
Altman Z'' 3.84
| (A) 0.28 = (Total Current Assets 30.8m - Total Current Liabilities 18.5m) / Total Assets 43.8m |
| (B) 0.20 = Retained Earnings (Balance) 8.81m / Total Assets 43.8m |
| (C) 0.10 = EBIT TTM 3.55m / Avg Total Assets 36.6m |
| (D) 0.66 = Book Value of Equity 15.8m / Total Liabilities 23.9m |
| Total Rating: 3.84 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 35.88
| 1. Piotroski 4.0pt = -1.0 |
| 2. FCF Yield -11.21% = -5.0 |
| 3. FCF Margin -23.11% = -7.50 |
| 4. Debt/Equity 1.70 = 1.20 |
| 5. Debt/Ebitda 5.62 = -2.50 |
| 6. ROIC - WACC -0.28% = -0.35 |
| 7. RoE 9.65% = 0.80 |
| 8. Rev. Trend 4.50% = 0.23 |
| 9. Rev. CAGR 0.0% = 0.0 |
| 10. EPS Trend data missing |
| 11. EPS CAGR data missing |
What is the price of CEK shares?
Over the past week, the price has changed by -3.57%, over one month by -2.80%, over three months by -15.03% and over the past year by +144.85%.
Is CeoTronics a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CEK is around 14.04 EUR . This means that CEK is currently undervalued and has a potential upside of +15.56% (Margin of Safety).
Is CEK a buy, sell or hold?
What are the forecasts/targets for the CEK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 13.9 | 14.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 15.3 | 26.3% |
CEK Fundamental Data Overview
Market Cap EUR = 88.2m (88.2m EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 692.0k EUR (Cash And Short Term Investments, last fiscal year)
P/E Trailing = 28.3333
P/S = 2.2071
P/B = 3.821
Beta = 0.584
Revenue TTM = 58.9m EUR
EBIT TTM = 3.55m EUR
EBITDA TTM = 6.03m EUR
Long Term Debt = 18.4m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 15.5m EUR (from shortTermDebt, last fiscal year)
Debt = 33.9m EUR (Calculated: Short Term 15.5m + Long Term 18.4m)
Net Debt = 17.7m EUR (from netDebt column, last fiscal year)
Enterprise Value = 121.4m EUR (88.2m + Debt 33.9m - CCE 692.0k)
Interest Coverage Ratio = 3.30 (Ebit TTM 3.55m / Interest Expense TTM 1.08m)
FCF Yield = -11.21% (FCF TTM -13.6m / Enterprise Value 121.4m)
FCF Margin = -23.11% (FCF TTM -13.6m / Revenue TTM 58.9m)
Net Margin = 3.25% (Net Income TTM 1.91m / Revenue TTM 58.9m)
Gross Margin = 44.32% ((Revenue TTM 58.9m - Cost of Revenue TTM 32.8m) / Revenue TTM)
Tobins Q-Ratio = 7.67 (Enterprise Value 121.4m / Book Value Of Equity 15.8m)
Interest Expense / Debt = 0.25% (Interest Expense 84.5k / Debt 33.9m)
Taxrate = 35.23% (from yearly Income Tax Expense: 680.0k / 1.93m)
NOPAT = 2.30m (EBIT 3.55m * (1 - 35.23%))
Current Ratio = 1.67 (Total Current Assets 30.8m / Total Current Liabilities 18.5m)
Debt / Equity = 1.70 (Debt 33.9m / last Fiscal Year total Stockholder Equity 19.9m)
Debt / EBITDA = 5.62 (Net Debt 17.7m / EBITDA 6.03m)
Debt / FCF = -2.49 (Debt 33.9m / FCF TTM -13.6m)
Total Stockholder Equity = 19.8m (last 4 quarters mean)
RoA = 4.37% (Net Income 1.91m, Total Assets 43.8m )
RoE = 9.65% (Net Income TTM 1.91m / Total Stockholder Equity 19.8m)
RoCE = 9.30% (Ebit 3.55m / (Equity 19.8m + L.T.Debt 18.4m))
RoIC = 5.96% (NOPAT 2.30m / Invested Capital 38.6m)
WACC = 6.23% (E(88.2m)/V(122.1m) * Re(8.57%)) + (D(33.9m)/V(122.1m) * Rd(0.25%) * (1-Tc(0.35)))
Shares Correlation 5-Years: 33.50 | Cagr: 0.0%
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow -13.6m)
Revenue Correlation: 4.50 | Revenue CAGR: 0.0%
Rev Growth-of-Growth: -4.04