CENIT AG Stock

Price

Target price

/ Tradegate WKN: 540710 / Name: CENIT / Stock / Software & IT Services / Small Cap /

Please give a prediction to see the opinions of the community

sharewise uses Wisdom of crowds to gather information regarding a security. Wisdom of crowds works best if you do not see the predictions of others before giving your estimate. Please click one button to see how the community sees this security.

JS chart by amCharts

From: to:

Zoom:

Your prediction

CENIT AG Stock

The price for the CENIT AG stock decreased slightly today. Compared to yesterday there is a change of -€0.020 (-0.220%).

Our community identified positive and negative aspects for CENIT AG stock for the coming years. 1 users see the criterium "EBIT growth" as a plus for the CENIT AG stock. On the other hand our users think that "Customer and product portfolio" could be a problem in the future.

What does CENIT do?

Pros and Cons of CENIT AG in the next few years

Pros

M***** P*******

B****

C******** o* t** e**********

Cons

W********* I********* f** t** n*** y****

S********** s********

G***** c******* t* c**********

Tell us your opinion to access the 'Wisdom of the Crowds'

Your Opinion

Legal notice

Performance of CENIT AG vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
CENIT AG
Allgeier SE
adesso SE
Nexus AG

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2024-08-01

The financials of CENIT, a company within the Software & IT Services sector, present a mixed picture that reflects both promising opportunities and certain areas of concern. The company has shown consistent revenue growth, yet profitability metrics and ratios indicate potential challenges that necessitate a closer examination. Overall, a thorough analysis reveals both strengths and weaknesses that will be discussed in detail.

Revenue Growth: The reported revenue for the year ending December 31, 2023, was approximately €184.72 million, an increase from previous years. The 2022 revenue was about €162.15 million, signifying a remarkable upward trajectory. Coupled with a quarterly revenue growth of 16.4% year-over-year, this strong sales performance demonstrates an expanding market presence.

Gross Profit Margin: CENIT achieved a gross profit of around €21.30 million in 2023, which suggests efficient cost management relative to revenues. The gross margin percentage, which is an important indicator of overall financial health, remains noteworthy, allowing the company to sustain core operations effectively.

Feedback