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MEDIQON Group AG (DE:CHG)
XETRA:CHG
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MEDIQON Group AG (CHG) AI Stock Analysis

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DE:CHG

MEDIQON Group AG

(XETRA:CHG)

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Neutral 49 (OpenAI - Gpt-5.6Sol)
Rating:49Neutral
Price Target:
€45.00
▲(8.83% Upside)
Action:Reiterated
Date:07/01/26
The score is held back primarily by weak financial performance (large 2025 losses and sharply higher leverage), partly offset by positive operating/free cash flow. Technicals are supportive with the price above key moving averages, but valuation remains unattractive due to ongoing losses and no stated dividend yield.
Positive Factors
Strong Revenue Growth
Rapid revenue expansion indicates strong demand and growing market reach. If the company can convert this scale into healthier margins, the enlarged revenue base could support stronger operating leverage over the medium term.
Negative Factors
Severe Profitability Deterioration
The sharp reversal from normal gross profit to substantial operating and net losses shows that revenue growth is not currently translating into earnings. Persistent losses could constrain reinvestment, weaken equity, and increase reliance on financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Rapid revenue expansion indicates strong demand and growing market reach. If the company can convert this scale into healthier margins, the enlarged revenue base could support stronger operating leverage over the medium term.
Read all positive factors

MEDIQON Group AG (CHG) vs. iShares MSCI Germany ETF (EWG)

MEDIQON Group AG Business Overview & Revenue Model

Company Description
CHAPTERS Group AG, headquartered in Hamburg, Germany, was established in 1998 and rebranded from MEDIQON Group AG in July 2023. The company delivers a broad spectrum of software solutions across the DACH region, catering to numerous industries and...

MEDIQON Group AG Financial Statement Overview

Summary
Strong revenue growth (2025 up ~37%) and consistently positive operating/free cash flow are positives, but they are outweighed by a sharp 2025 profitability breakdown (negative gross profit, large operating/net losses) and a major increase in debt (~248m vs ~74m), which materially raises financial risk.
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
57
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2021Dec 2021
Income Statement
Total Revenue180.80M110.67M70.77M42.07M28.66M
Gross Profit-12.21M47.02M8.38M6.84M12.26M
EBITDA-2.40M16.35M16.14M4.82M7.16M
Net Income-29.65M-11.47M-4.08M-5.88M-2.27M
Balance Sheet
Total Assets665.02M353.74M223.95M169.28M103.55M
Cash, Cash Equivalents and Short-Term Investments106.74M58.51M50.84M26.28M11.09M
Total Debt247.94M73.60M69.35M62.09M51.70M
Total Liabilities351.45M128.75M99.87M77.11M61.71M
Stockholders Equity223.87M224.99M126.06M93.76M42.57M
Cash Flow
Free Cash Flow7.02M6.96M3.81M3.67M1.15M
Operating Cash Flow8.68M11.47M7.37M5.69M2.87M
Investing Cash Flow-103.89M-98.82M-36.34M-53.21M-47.40M
Financing Cash Flow134.24M89.00M48.15M58.78M47.06M

MEDIQON Group AG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price41.35
Price Trends
50DMA
40.80
Positive
100DMA
35.96
Positive
200DMA
35.46
Positive
Market Momentum
MACD
1.62
Positive
RSI
63.57
Neutral
STOCH
62.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:CHG, the sentiment is Positive. The current price of 41.35 is below the 20-day moving average (MA) of 44.16, above the 50-day MA of 40.80, and above the 200-day MA of 35.46, indicating a bullish trend. The MACD of 1.62 indicates Positive momentum. The RSI at 63.57 is Neutral, neither overbought nor oversold. The STOCH value of 62.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:CHG.

MEDIQON Group AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
€44.70M13.289.29%2.07%1.85%-18.97%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
60
Neutral
€4.45B18.6812.00%2.21%7.74%14.82%
59
Neutral
€379.94M20.399.65%1.48%12.73%51.34%
54
Neutral
€338.78M-33.93-8.99%1.78%-1.94%-161.38%
49
Neutral
€1.11B-37.18-13.21%63.36%-135.28%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:CHG
MEDIQON Group AG
46.85
7.35
18.61%
DE:ADN1
adesso AG
57.90
-26.00
-30.99%
DE:A1OS
All for One Group
68.20
23.56
52.78%
DE:BC8
Bechtle Aktiengesellschaft
36.62
-1.90
-4.94%
DE:AMI
medondo holding AG
0.17
-0.27
-60.45%
DE:OBS
ORBIS AG
4.56
-1.08
-19.08%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 01, 2026