Cancom SE Stock

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/ Tradegate WKN: 541910 / Symbol: CAYJF / Name: Cancom / Stock / Software & IT Services / Mid Cap /

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Cancom SE Stock

Heavy losses for Cancom SE today as the stock fell by -€0.920 (-3.200%).

Currently there is a rather positive sentiment for Cancom SE with 5 Buy predictions and 0 Sell predictions.

As a result the target price of 37 € shows a positive potential of 32.9% compared to the current price of 27.84 € for Cancom SE.

Criterium "Worthwhile Investment for the next years" is seen as the biggest plus for Cancom SE stock. Negative votes have not been in the majority for any criteria for this stock

Cancom AG is a German-listed company that provides information technology (IT) solutions and services primarily in Europe. The company offers a range of IT infrastructure and cloud computing services, as well as consulting and managed services to help customers with digital transformation initiatives. Cancom serves various industries, including automotive, financial services, healthcare, retail, and telecommunications. As of August 2021, Cancom had a market capitalization of approximately €2.6 billion and its stock was listed on the Frankfurt and Munich exchanges in Germany, as well as on the OTC Markets in the US under the symbol CAYJF.

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Pros and Cons of Cancom SE in the next few years

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Performance of Cancom SE vs. its peers

Security	Change(%)	1w	1m	1y	YTD	3y	5y
Cancom SE
Bechtle AG
United Internet
Qualys Inc.

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Last updated at 2024-08-01

When analyzing the financials of Cancom (CAYJF), a company in the Software & IT Services industry, it's evident that there are both strengths and weaknesses in its financial performance. Overall, the company reflects a blend of growth potential and operational challenges. With consistent revenue generation and a strong market presence, Cancom's financial statements portray a business that is navigating the competitive landscape of tech services with moderate success.

Starting with the pros, Cancom displays robust total assets, which amounted to approximately €1.55 billion in 2023, a significant increase from €1.41 billion in 2021. This upward trajectory is indicative of asset expansion, a healthy sign of financial health. Specifically, the company's cash reserves, which stood at €222.55 million in 2023, highlight its liquidity position, allowing for operational flexibility. The low net debt of -€11.41 million also points to a solid balance sheet, as it suggests the company has more cash than debt obligations.

Moreover, Cancom boasts impressive gross profit figures, totaling approximately €424.6 million for the trailing twelve months, with decent operating income and EBITDA reflecting effective operational management. The revenue growth rate of 38.5% year-over-year indicates a well-performing business environment, supported by a strong demand for its services. The business is also returning value to shareholders, demonstrated by a dividend yield of 3.04% and a consistent dividend payout, which reflects the company's commitment to fostering investor confidence.

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