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Ceconomy AG (CEC) Fair Value & Analysis

Consumer Cyclical · DE · Market cap €1.9B

CA Ceconomy AG CEC · XETRA
Price€3.62
Fair Value€8.68
Upside+139.8%
Quality95/100
Evidence: High Range €5.83 – €11.54

Fair value as of: Jun 24, 2026

From 15 valuation models · updated 6 days ago

Share price −1.8% over the past month.

Price vs Fair Value (12 months)

€4.34 €3.40 Fair Value €8.68 Jul 2025 Jun 2026

12‑month range €3.40 – €4.34 · fair‑value band €5.83 – €11.54 · the €3.62 price screens below the €8.68 fair value. As of Jun 24, 2026.

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Analysis

Ceconomy AG (CEC) currently trades at €3.62, while our model-based Fair Value estimate is €8.68 — implying the stock looks roughly 139.8% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Ceconomy AG generated revenue of €23.3B at a net margin of -0.3%. Revenue grew 4.1% year over year. It earns a return on equity of -9.2%. Net debt stands at €1.3B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €23.3B
Revenue growth (YoY) +4.1%
Net margin -0.3%
Return on equity -9.2%
Free cash flow €689M FY2025
P/E ratio 384.5
More key figures
Operating margin -0.1%
EPS (TTM) €0.0100
EPS growth (YoY) +24.1%
Net debt €1.3B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary; Belgium, Italy, Luxembourg, the Netherlands, and Spain; and Western, Southern, and Eastern Europe. The company was formerly known as METRO AG. Ceconomy AG was incorporated in 2001 and is based in Düsseldorf, Germany.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ceconomy AG reported revenue of €23.1B in FY2025 versus €21.4B in FY2021, a compound +1.9%/yr. Reported net income was −€35.0M in FY2025.

Revenue +1.9%/yr
FY21 €21.4B
FY22 €21.8B
FY23 €22.2B
FY24 €22.4B
FY25 €23.1B
Net income
FY21 €232M
FY22 €126M
FY23 −€39.0M
FY24 €76.0M
FY25 −€35.0M

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Frequently asked questions

Is Ceconomy AG (CEC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €8.68 versus a price of €3.62 — about +140% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CEC?
Our 21-model fair value for Ceconomy AG is €8.68 (as of Jun 24, 2026), built from audited fundamentals. The current price is €3.62.
What is the quality score of CEC?
Ceconomy AG has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ceconomy AG (CEC)?
Ceconomy AG reported trailing-twelve-month revenue of about €23.3B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CEC?
The net profit margin of Ceconomy AG is about -0.3%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.