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Cenit AG (DE:CSH)
XETRA:CSH
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Cenit AG (CSH) AI Stock Analysis

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DE:CSH

Cenit AG

(XETRA:CSH)

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Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
€7.00
▼(-3.05% Downside)
Action:Reiterated
Date:08/18/26
The score is driven primarily by improving financial performance, led by stronger cash generation and a rebound to profitability, but capped by low/volatile margins and limited revenue momentum. The technical picture is the main drag, with price below key moving averages and negative MACD indicating a weak trend. Valuation is supportive with a modest P/E, but no dividend data is available to add support.
Positive Factors
Profitability Recovery
The return to positive earnings after losses indicates improved operating execution and gives Cenit a stronger base for sustaining profitability over the next several quarters, although margins remain modest.
Negative Factors
Limited Revenue Momentum
Weak top-line momentum limits operating leverage and suggests that improved earnings are not yet supported by broad-based expansion. Sustained growth will depend on winning additional digitalization and engineering services demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Recovery
The return to positive earnings after losses indicates improved operating execution and gives Cenit a stronger base for sustaining profitability over the next several quarters, although margins remain modest.
Read all positive factors

Cenit AG (CSH) vs. iShares MSCI Germany ETF (EWG)

Cenit AG Business Overview & Revenue Model

Company Description
Cenit AG operates as a German IT consulting and software company, providing specialized solutions to the manufacturing and financial service industries. The firm's activities are structured into two core segments: Product Lifecycle Management (PLM...
How the Company Makes Money
null...

Cenit AG Financial Statement Overview

Summary
Financials indicate a turnaround: TTM profitability rebounded to a positive net margin (~2.5%) with improved EBIT margin (~4.2%), and cash flow is a clear strength (TTM FCF ~€15.8M; ~0.91x net income). Offsetting factors are essentially flat/slightly negative revenue trend, structurally low/volatile gross margin (~11.7%), and still-material leverage (debt-to-equity ~0.92).
Income Statement
67
Positive
Balance Sheet
58
Neutral
Cash Flow
74
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue210.46M209.51M207.33M184.72M162.15M146.07M
Gross Profit22.73M20.71M49.06M26.34M17.23M16.34M
EBITDA19.89M12.11M13.75M14.26M15.02M11.22M
Net Income5.18M-1.21M-71.00K4.50M6.28M4.25M
Balance Sheet
Total Assets146.62M143.20M158.32M153.62M127.04M92.81M
Cash, Cash Equivalents and Short-Term Investments23.68M16.22M16.46M24.34M19.91M26.36M
Total Debt38.09M41.58M50.91M48.52M32.85M10.62M
Total Liabilities102.48M100.51M109.02M108.61M82.25M49.16M
Stockholders Equity41.32M39.59M42.17M42.34M42.83M42.88M
Cash Flow
Free Cash Flow15.77M12.49M8.81M3.95M10.18M7.59M
Operating Cash Flow17.29M14.13M10.34M5.33M11.49M8.24M
Investing Cash Flow-1.48M-1.58M-16.27M-8.16M-29.23M-892.00K
Financing Cash Flow-12.09M-12.50M-2.02M7.23M10.95M-7.22M

Cenit AG Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price7.22
Price Trends
50DMA
7.57
Negative
100DMA
7.42
Negative
200DMA
7.14
Negative
Market Momentum
MACD
-0.14
Negative
RSI
50.14
Neutral
STOCH
81.53
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:CSH, the sentiment is Neutral. The current price of 7.22 is above the 20-day moving average (MA) of 6.94, below the 50-day MA of 7.57, and above the 200-day MA of 7.14, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 50.14 is Neutral, neither overbought nor oversold. The STOCH value of 81.53 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:CSH.

Cenit AG Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€173.80M13.6227.13%3.75%7.53%36.30%
66
Neutral
€626.16M18.8840.19%11.36%-8.23%10.46%
60
Neutral
€59.41M11.4412.95%-0.58%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
€154.35M61.875.37%12.98%375.18%
48
Neutral
€17.13M
43
Neutral
€727.81M-17.29-53.99%3.41%-24001.85%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:CSH
Cenit AG
7.10
-0.18
-2.47%
DE:PSAN
PSI AG fuer Produkte und Systeme der Informationstechnologie
44.60
17.00
61.59%
DE:C1V0
mVISE AG
8.05
3.49
76.54%
DE:SJJ
Serviceware SE
14.70
-3.40
-18.78%
DE:MUM
Mensch und Maschine Software SE
37.20
-10.38
-21.81%
DE:FAA
Fabasoft AG
15.80
0.53
3.45%
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: Aug 18, 2026