Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
CENIT AG is a Germany-based company that provides information technology software and consultancy services tailored for business processes in the manufacturing industry and financial service providers. It operates through two primary segments: Product Lifecycle Management (PLM) and Enterprise Information Management (EIM). The PLM segment serves industrial customers in sectors such as automotive, aerospace, mechanical engineering, and shipbuilding, offering solutions including CATIA by Dassault Systèmes, SAP PLM, cenitCONNECT, and FASTsuite for product development and digital factory applications. The EIM segment focuses on enterprise solutions like 360-degree customer communication, processing, file management, and customer communication management. CENIT AG emphasizes business process optimization, computer-aided design, and development technologies, delivering software solutions, consulting, and integration services. With a presence in Germany, the rest of Europe, and other regions, it supports clients through specialized 3DS solutions, digital business services, and strategic software products. Founded in 1988 and headquartered in Stuttgart, Germany, CENIT AG plays a key role in enhancing efficiency across technology-driven industries.
Operating margin is thin at 0.62%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 1.1%, essentially flat. Margins also contracted 2.8pp. This is a business that needs a catalyst.
ROIC dropped from 3.71% to 1.12%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€210M
▲ +1.1% YoY
Net Income (TTM)
€5M
▼ -931.2% YoY
Op. Margin
4.78%
▼ -2.8pp YoY
ROIC
1.12%
▼ -2.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€15M
▲ +41.7% YoY
Op. Cash Flow (TTM)
€16M
▲ +36.7% YoY
Net Debt
€25M
Cash & Equiv.
€16M
3Y CAGR: +8.9%
3Y CAGR: +7.0%
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