Cash flow Ceconomy AG

Stocks

CEC

DE0007257503

Computer & Electronics Retailers

Market Closed - Xetra Other stock markets 16:35:28 10/07/2026 BST			5-day change	1st Jan Change
3.880 ^EUR	-7.62%		-0.51%	-12.02%

07-09	Ceconomy AG - Special Call
07-01	JD.com Secures German Regulatory Approval for Ceconomy Acquisition	MT

fce85f91ec767f5d80.sVHeEDZjX2TxUiqB1TUjoQ_0_2T9pX_uXXdUh8_X8Pk.-GC7cntQCCeWBkDGskFV8l-EpV2wy0udNUA645edhp2DBfNRYjVvC5AwEg

Published financial data: CECONOMY AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	21.36B	21.77B	22.24B	22.44B	23.07B
Total Revenues	21.36B	21.77B	22.24B	22.44B	23.07B
Cost of Goods Sold, Total	17.7B	17.96B	18.3B	18.48B	18.92B
Gross Profit	3.66B	3.81B	3.94B	3.96B	4.15B
Selling General & Admin Expenses, Total	3.68B	3.89B	3.96B	3.92B	4.04B
Provision for Bad Debts	5M	5M	16M	10M	28M
Other Operating Expenses	-151M	-238M	-219M	-205M	-192M
Other Operating Expenses, Total	3.54B	3.66B	3.75B	3.73B	3.88B
Operating Income	117M	148M	185M	233M	276M
Interest Expense, Total	-62M	-71M	-155M	-247M	-241M
Interest And Investment Income	62M	37M	64M	85M	53M
Net Interest Expenses	0	-34M	-91M	-162M	-188M
Income (Loss) On Equity Invest.	154M	-30M	-132M	23M	-3M
Currency Exchange Gains (Loss)	-8M	-25M	12M	4M	-18M
Other Non Operating Income (Expenses)	-18M	3M	58M	-8M	-7M
EBT, Excl. Unusual Items	245M	62M	32M	90M	60M
Impairment of Goodwill	-	-	-	-	-15M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1M	4M	22M	6M	3M
Asset Writedown	-38M	-22M	-96M	-8M	-20M
Other Unusual Items	88M	5M	-	-	-
EBT, Incl. Unusual Items	296M	49M	-42M	88M	28M
Income Tax Expense	53M	-81M	-5M	11M	62M
Earnings From Continuing Operations	243M	130M	-37M	77M	-34M
Earnings Of Discontinued Operations	10M	-	-	-	-
Net Income to Company	253M	130M	-37M	77M	-34M
Minority Interest	-21M	-4M	-2M	-1M	-1M
Net Income - (IS)	232M	126M	-39M	76M	-35M
Net Income to Common Incl Extra Items	232M	126M	-39M	76M	-35M
Net Income to Common Excl. Extra Items	222M	126M	-39M	76M	-35M
Per Share Items
Net EPS - Basic	0.65	0.26	-0.08	0.16	-0.07
Basic EPS - Continuing Operations	0.62	0.26	-0.08	0.16	-0.07
Basic Weighted Average Shares Outstanding	359M	485M	485M	485M	485M
Net EPS - Diluted	0.65	0.26	-0.08	0.16	-0.07
Diluted EPS - Continuing Operations	0.62	0.26	-0.08	0.16	-0.07
Diluted Weighted Average Shares Outstanding	359M	485M	485M	485M	485M
Normalized Basic EPS	0.37	0.07	0.04	0.11	0.08
Normalized Diluted EPS	0.37	0.07	0.04	0.11	0.08
Dividend Per Share	0.17	-	-	-	-
Payout Ratio	9.05	32.54	-7.69	6.58	-5.71
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	310M	321M	349M	394M	443M
EBITA	142M	170M	213M	250M	292M
EBIT	117M	148M	185M	233M	276M
EBITDAR	338M	359M	399M	447M	501M
Effective Tax Rate - (Ratio)	17.91	-165.31	11.9	12.5	221.43
Current Domestic Taxes	18M	11M	9M	6M	21M
Current Foreign Taxes	54M	46M	39M	34M	48M
Total Current Taxes	72M	57M	48M	40M	69M
Deferred Domestic Taxes	-12M	-147M	-51M	5M	1M
Deferred Foreign Taxes	-7M	9M	-3M	-34M	-8M
Total Deferred Taxes	-19M	-138M	-54M	-29M	-7M
Normalized Net Income	132M	34.75M	18M	55.25M	36.5M
Interest on Long-Term Debt	21M	22M	47M	66M	69M
Non-Cash Pension Expense	4M	4M	12M	13M	11M
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.14B	3.28B	3.32B	3.28B	3.36B
General and Administrative Expenses	540M	610M	638M	645M	684M
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	28M	38M	50M	53M	58M
Imputed Operating Lease Interest Expense	5.25M	7.66M	23.15M	40.17M	43.28M
Imputed Operating Lease Depreciation	22.75M	30.34M	26.85M	12.83M	14.72M
Stock-Based Comp., Other (Total)	200K	100K	900K	1.9M	3.4M
Total Stock-Based Compensation	200K	100K	900K	1.9M	3.4M

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.58B	769M	897M	1.01B	1.21B
Short Term Investments	175M	-	-	-	-
Total Cash And Short Term Investments	1.76B	769M	897M	1.01B	1.21B
Accounts Receivable, Total	361M	440M	490M	560M	628M
Other Receivables	1.38B	1.54B	1.49B	1.58B	1.43B
Total Receivables	1.74B	1.98B	1.98B	2.14B	2.06B
Inventory	3.11B	3.18B	2.92B	3.11B	3.21B
Prepaid Expenses	54M	59M	53M	55M	58M
Other Current Assets, Total	105M	145M	128M	141M	120M
Total Current Assets	6.76B	6.13B	5.98B	6.46B	6.66B
Gross Property Plant And Equipment	4.7B	4.67B	4.46B	4.5B	4.45B
Accumulated Depreciation	-2.26B	-2.3B	-2.25B	-2.28B	-2.36B
Net Property Plant And Equipment	2.44B	2.38B	2.22B	2.22B	2.09B
Long-term Investments	692M	489M	339M	341M	301M
Goodwill	524M	524M	524M	524M	508M
Other Intangibles, Total	125M	152M	165M	184M	202M
Loans Receivable Long-Term	13M	14M	41M	42M	43M
Deferred Tax Assets Long-Term	99M	302M	368M	356M	364M
Other Long-Term Assets, Total	10M	7M	6M	14M	20M
Total Assets	10.67B	10B	9.64B	10.14B	10.19B
Liabilities
Accounts Payable, Total	5.15B	5.05B	5.03B	5.51B	5.71B
Accrued Expenses, Total	604M	536M	501M	439M	419M
Current Portion of Long-Term Debt	242M	82M	110M	68M	201M
Current Portion of Leases	514M	507M	474M	467M	460M
Current Income Taxes Payable	110M	72M	43M	35M	56M
Unearned Revenue Current, Total	284M	236M	222M	255M	289M
Other Current Liabilities	318M	279M	299M	299M	277M
Total Current Liabilities	7.22B	6.76B	6.68B	7.07B	7.42B
Long-Term Debt	555M	730M	689M	837M	723M
Long-Term Leases	1.55B	1.45B	1.31B	1.26B	1.15B
Unearned Revenue Non Current	-	-	-	9M	3M
Pension & Other Post Retirement Benefits	462M	332M	316M	328M	298M
Deferred Tax Liability Non Current	29M	65M	69M	15M	18M
Other Non Current Liabilities	86M	60M	102M	101M	92M
Total Liabilities	9.91B	9.41B	9.17B	9.62B	9.7B
Common Stock, Total	919M	1.24B	1.24B	1.24B	1.24B
Retained Earnings	-187M	-680M	-590M	-542M	-372M
Comprehensive Income and Other	-19M	30M	-187M	-182M	-382M
Total Common Equity	713M	590M	463M	516M	486M
Minority Interest	44M	2M	2M	-1M	-1M
Total Equity	757M	592M	465M	515M	485M
Total Liabilities And Equity	10.67B	10B	9.64B	10.14B	10.19B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	359M	485M	485M	485M	485M
ECS Total Common Shares Outstanding	359M	485M	485M	485M	485M
Book Value / Share	1.98	1.22	0.95	1.06	1
Tangible Book Value	64M	-86M	-226M	-192M	-224M
Tangible Book Value Per Share	0.18	-0.18	-0.47	-0.4	-0.46
Total Debt	2.86B	2.77B	2.58B	2.63B	2.54B
Net Debt	1.11B	2B	1.69B	1.62B	1.33B
Debt Equivalent of Unfunded Proj. Benefit Obligation	432M	288M	283M	279M	257M
Debt Equivalent Oper. Leases	224M	304M	400M	424M	464M
Minority Interest, Total (Incl. Fin. Div)	44M	2M	2M	-1M	-1M
Equity Method Investments, Total	425M	388M	257M	275M	264M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	-	-	-	-	-
Land - (BS)	5M	5M	5M	5M	5M
Machinery, Total	2.74B	2.8B	2.76B	2.83B	2.9B
Full Time Employees	45.45K	43.74K	41.36K	40.99K	30.63K
Part Time Employees	-	-	-	-	17.78K

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	232M	126M	-39M	76M	-35M
Depreciation & Amortization - CF	694M	660M	629M	631M	628M
Amortization of Goodwill and Intangible Assets - (CF)	25M	22M	28M	17M	16M
Depreciation & Amortization, Total	719M	682M	657M	648M	644M
Amortization of Deferred Charges, Total - (CF)	-	-	-	17M	25M
(Gain) Loss From Sale Of Asset	6M	2M	67M	2M	2M
(Gain) Loss on Sale of Investments - (CF)	-132M	56M	82M	-	-
Asset Writedown & Restructuring Costs	34M	23M	31M	-3M	32M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-7M	-273M	-109M	-71M	258M
Change In Accounts Receivable	-	-	-	-	-
Change In Inventories	-	-	-	-	-
Change in Other Net Operating Assets	-402M	-397M	315M	169M	124M
Cash from Operations	450M	219M	1B	838M	1.05B
Capital Expenditure	-141M	-206M	-176M	-193M	-190M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-1M	-57M	-1M	-
Investment in Marketable and Equity Securities, Total	-141M	102M	-81M	-59M	-59M
Other Investing Activities, Total	19M	40M	78M	91M	94M
Cash from Investing	-263M	-65M	-236M	-162M	-155M
Short Term Debt Issued, Total	-	-	-	29M	-
Long-Term Debt Issued, Total	781M	255M	248M	847M	105M
Total Debt Issued	781M	255M	248M	876M	105M
Short Term Debt Repaid, Total	-	-	-3M	-	-7M
Long-Term Debt Repaid, Total	-798M	-841M	-742M	-1.23B	-553M
Total Debt Repaid	-798M	-841M	-745M	-1.23B	-560M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-1M	-132M	-	-4M	-2M
Common Dividends Paid	-21M	-41M	-3M	-5M	-2M
Common & Preferred Stock Dividends Paid	-21M	-41M	-3M	-5M	-2M
Other Financing Activities, Total	-38M	-146M	-149M	-222M	-228M
Cash from Financing	-77M	-905M	-649M	-585M	-687M
Foreign Exchange Rate Adjustments	-12M	-62M	-51M	-36M	-63M
Miscellaneous Cash Flow Adjustments	-	-	13M	-12M	-8M
Net Change in Cash	98M	-813M	81M	43M	137M
Supplemental Items
Cash Interest Paid	62M	74M	129M	209M	218M
Cash Income Tax Paid (Refund)	104M	134M	109M	28M	-55M
Levered Free Cash Flow	241M	-126M	711M	536M	717M
Unlevered Free Cash Flow	279M	-81.4M	808M	691M	868M
Change In Net Working Capital	372M	650M	-210M	-71M	-213M
Net Debt Issued / Repaid	-17M	-586M	-497M	-354M	-455M

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.69	0.9	1.18	1.47	1.7
Return on Total Capital	2.22	2.65	3.61	4.7	5.59
Return On Equity %	37.24	19.27	-7	15.71	-6.8
Return on Common Equity	37	19.34	-7.41	15.53	-6.99
Margin Analysis
Gross Profit Margin %	17.12	17.49	17.71	17.65	18
SG&A Margin	17.25	17.88	17.79	17.48	17.52
EBITDA Margin %	1.45	1.47	1.57	1.76	1.92
EBITA Margin %	0.66	0.78	0.96	1.11	1.27
EBIT Margin %	0.55	0.68	0.83	1.04	1.2
Income From Continuing Operations Margin %	1.14	0.6	-0.17	0.34	-0.15
Net Income Margin %	1.09	0.58	-0.18	0.34	-0.15
Net Avail. For Common Margin %	1.04	0.58	-0.18	0.34	-0.15
Normalized Net Income Margin	0.62	0.16	0.08	0.25	0.16
Levered Free Cash Flow Margin	1.13	-0.58	3.2	2.39	3.11
Unlevered Free Cash Flow Margin	1.31	-0.37	3.63	3.08	3.76
Asset Turnover
Asset Turnover	2.02	2.11	2.27	2.27	2.27
Fixed Assets Turnover	8.5	9.04	9.69	10.12	10.7
Receivables Turnover (Average Receivables)	50.32	54.35	47.83	42.75	38.84
Inventory Turnover (Average Inventory)	5.84	5.71	6.01	6.13	5.98
Short Term Liquidity
Current Ratio	0.94	0.91	0.89	0.91	0.9
Quick Ratio	0.48	0.41	0.43	0.44	0.44
Operating Cash Flow to Current Liabilities	0.06	0.03	0.15	0.12	0.14
Days Sales Outstanding (Average Receivables)	7.25	6.72	7.63	8.56	9.4
Days Outstanding Inventory (Average Inventory)	62.47	63.88	60.76	59.73	61.01
Average Days Payable Outstanding	109.69	103.32	102.02	103.3	107.72
Cash Conversion Cycle (Average Days)	-39.97	-32.72	-33.62	-35.01	-37.32
Long Term Solvency
Total Debt/Equity	378.47	468.41	555.7	510.68	523.09
Total Debt / Total Capital	79.1	82.41	84.75	83.62	83.95
LT Debt/Equity	278.6	368.92	430.11	406.8	386.8
Long-Term Debt / Total Capital	58.23	64.9	65.6	66.61	62.08
Total Liabilities / Total Assets	92.9	94.08	95.17	94.92	95.24
EBIT / Interest Expense	1.89	2.08	1.19	0.94	1.15
EBITDA / Interest Expense	13.48	11.69	5.43	3.57	3.82
(EBITDA - Capex) / Interest Expense	11.21	8.79	4.3	2.79	3.03
Total Debt / EBITDA	3.43	3.34	3.07	2.99	2.76
Net Debt / EBITDA	1.33	2.41	2	1.84	1.45
Total Debt / (EBITDA - Capex)	4.12	4.44	3.88	3.82	3.48
Net Debt / (EBITDA - Capex)	1.59	3.21	2.53	2.35	1.82
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.54	1.91	2.18	0.9	2.81
Gross Profit, 1 Yr. Growth %	-3.25	4.13	3.47	0.56	4.87
EBITDA, 1 Yr. Growth %	-26.54	1.9	7.06	14.2	12.44
EBITA, 1 Yr. Growth %	-42.04	15.65	21.71	23.15	16.8
EBIT, 1 Yr. Growth %	-46.08	21.31	20.92	25.95	18.45
Earnings From Cont. Operations, 1 Yr. Growth %	-211.47	-46.5	-128.46	-308.11	-144.16
Net Income, 1 Yr. Growth %	-200	-45.69	-130.95	-294.87	-146.05
Normalized Net Income, 1 Yr. Growth %	-274.14	-73.7	-52.48	206.94	-33.94
Diluted EPS Before Extra, 1 Yr. Growth %	-193.67	-57.96	-130.95	-294.87	-146.05
Accounts Receivable, 1 Yr. Growth %	-26.02	21.88	11.36	14.29	12.14
Inventory, 1 Yr. Growth %	5.49	2.09	-8.12	6.72	3.08
Net Property, Plant and Equip., 1 Yr. Growth %	-5.72	-2.62	-6.69	0.09	-5.68
Total Assets, 1 Yr. Growth %	2.03	-6.27	-3.63	5.19	0.52
Tangible Book Value, 1 Yr. Growth %	-146.04	-234.38	162.79	-15.04	16.67
Common Equity, 1 Yr. Growth %	46.41	-17.25	-21.53	11.45	-5.81
Cash From Operations, 1 Yr. Growth %	-61.96	-51.33	690.55	-16.53	25.3
Capital Expenditures, 1 Yr. Growth %	25.89	46.1	-14.56	9.66	-1.55
Levered Free Cash Flow, 1 Yr. Growth %	-75.82	-152.28	-679.41	-24.53	33.78
Unlevered Free Cash Flow, 1 Yr. Growth %	-72.87	-128.82	-1.13K	-15.12	25.69
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.22	2.22	2.04	1.54	1.85
Gross Profit, 2 Yr. CAGR %	-6.11	0.37	3.8	2	2.69
EBITDA, 2 Yr. CAGR %	-15.48	-12.78	5.26	9.94	13.32
EBITA, 2 Yr. CAGR %	-23.4	-16.7	20.37	19.52	19.93
EBIT, 2 Yr. CAGR %	-25.54	-17.42	23.14	23.4	22.14
Earnings From Cont. Operations, 2 Yr. CAGR %	24.02	-22.78	-60.98	-23.04	-4.14
Net Income, 2 Yr. CAGR %	37.9	-26.3	-59	-22.34	-5.27
Normalized Net Income, 2 Yr. CAGR %	4.17	-32.32	-63.09	20.78	42.4
Diluted EPS Before Extra, 2 Yr. CAGR %	35.45	-37.25	-63.93	-22.34	-5.27
Accounts Receivable, 2 Yr. CAGR %	-10.93	-5.05	16.5	12.82	13.21
Inventory, 2 Yr. CAGR %	10.5	3.78	-3.15	-0.98	4.88
Net Property, Plant and Equip., 2 Yr. CAGR %	82.08	-4.18	-4.68	-3.36	-2.84
Total Assets, 2 Yr. CAGR %	14.74	-2.21	-4.96	0.68	2.83
Tangible Book Value, 2 Yr. CAGR %	-27.87	-21.34	87.92	49.42	-0.44
Common Equity, 2 Yr. CAGR %	-3.27	10.07	-19.42	-6.48	2.45
Cash From Operations, 2 Yr. CAGR %	163.12	-56.97	49.37	156.87	2.27
Capital Expenditures, 2 Yr. CAGR %	-4.31	35.62	11.72	-3.21	3.9
Levered Free Cash Flow, 2 Yr. CAGR %	5.86	-64.44	71.87	109.08	0.48
Unlevered Free Cash Flow, 2 Yr. CAGR %	19.4	-71.88	69.09	197.01	3.29
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.09	0.48	2.21	1.66	1.96
Gross Profit, 3 Yr. CAGR %	-5.37	-2.81	1.39	2.71	2.95
EBITDA, 3 Yr. CAGR %	-19.94	-9.56	-6.13	7.74	10.76
EBITA, 3 Yr. CAGR %	-29.83	-11.1	-4.56	19.36	18.61
EBIT, 3 Yr. CAGR %	-32.77	-11.15	-5.18	24.07	21.73
Earnings From Cont. Operations, 3 Yr. CAGR %	41.37	-6.3	-44.63	-31.82	-36.05
Net Income, 3 Yr. CAGR %	3.05	1.08	-44.81	-31.06	-34.75
Normalized Net Income, 3 Yr. CAGR %	-10.77	-34.16	-38.1	-25.22	-1.23
Diluted EPS Before Extra, 3 Yr. CAGR %	110.79	-8.29	-50.42	-36.7	-34.75
Accounts Receivable, 3 Yr. CAGR %	-19.19	-1.11	0.14	15.76	12.59
Inventory, 3 Yr. CAGR %	7.85	7.62	-0.35	0.03	0.36
Net Property, Plant and Equip., 3 Yr. CAGR %	44.48	47.79	-5.03	-3.12	-4.14
Total Assets, 3 Yr. CAGR %	7.97	7.26	-2.69	-1.69	0.63
Tangible Book Value, 3 Yr. CAGR %	20.04	-11.24	17.59	44.22	37.59
Common Equity, 3 Yr. CAGR %	1.3	-8.17	-1.67	-10.22	-6.26
Cash From Operations, 3 Yr. CAGR %	-13.03	49.91	-5.32	23.03	102.21
Capital Expenditures, 3 Yr. CAGR %	-11.44	10.18	16.26	11.03	-2.66
Levered Free Cash Flow, 3 Yr. CAGR %	-23.66	-16.32	-10.6	30.62	80.17
Unlevered Free Cash Flow, 3 Yr. CAGR %	-20.61	-25.38	-7.78	34.71	122.99
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.47	0.15	0.76	0.9	2.06
Gross Profit, 5 Yr. CAGR %	-4.1	-3.17	-1.8	-0.91	1.91
EBITDA, 5 Yr. CAGR %	-12.55	-12.62	-10.39	-1.92	0.98
EBITA, 5 Yr. CAGR %	-18.91	-17.17	-12.32	0.65	3.57
EBIT, 5 Yr. CAGR %	-20.74	-18.56	-13.63	2	4.93
Earnings From Cont. Operations, 5 Yr. CAGR %	21.18	-6.4	-15.52	-13.39	-31.04
Net Income, 5 Yr. CAGR %	-17.28	-35.19	-28.72	-9.03	-31.5
Normalized Net Income, 5 Yr. CAGR %	-6.47	-29.66	-37.32	-14.62	-13.61
Diluted EPS Before Extra, 5 Yr. CAGR %	33.84	-8.73	4.04	-14.19	-35.76
Accounts Receivable, 5 Yr. CAGR %	-14.88	-4.91	-6.45	4.24	5.17
Inventory, 5 Yr. CAGR %	-10.63	4.46	3.31	4.09	1.71
Net Property, Plant and Equip., 5 Yr. CAGR %	-21.41	22.59	22.34	24.7	-4.16
Total Assets, 5 Yr. CAGR %	-15.63	3.84	2.6	4.58	-0.52
Tangible Book Value, 5 Yr. CAGR %	-46.51	17.75	43.61	9.31	10.01
Common Equity, 5 Yr. CAGR %	-33.1	-2.48	-7.56	-7.5	-0.04
Cash From Operations, 5 Yr. CAGR %	-22.1	-21.99	7.98	66.75	-2.36
Capital Expenditures, 5 Yr. CAGR %	-14.8	-1.92	-2.81	4.62	11.15
Levered Free Cash Flow, 5 Yr. CAGR %	25.92	-42.79	5.62	20.09	-6.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	35.02	-47.49	7.66	28.65	-3.36
Dividend Per Share, 5 Yr. CAGR %	-29.84	-	-	-	-