Cancom SE Stock
€32.56
Your prediction
Cancom SE 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.
Pros and Cons of Cancom SE in the next few years
Pros
Cons
Performance of Cancom SE vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Cancom SE | 0.310% | 11.700% | 13.022% | 11.012% | 9.514% | -32.106% | -31.170% |
| United Internet | -2.400% | 2.100% | 13.743% | 61.188% | 1.567% | -32.289% | -27.154% |
| Bechtle AG | 0.480% | 1.313% | 1.938% | 18.575% | 1.983% | -9.609% | 34.927% |
| LivePerson Inc. | -3.870% | 26.688% | 41.572% | -83.549% | -79.946% | -98.431% | -97.483% |
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.The financial health of Cancom (US Symbol: CAYJF) appears to be relatively stable and exhibits potential for growth in the Software & IT Services industry. With a strong balance sheet, Cancom demonstrates their ability to effectively manage liabilities and assets. Additionally, the steady increase in revenue and net income coupled with positive cash flow from operating activities signal the company's strong financial position. However, it's important to dive deeper into the company's financial health and analyze both the potential advantages and risks.
*Pros: *
Increasing Net Income: Cancom has consistently experienced growth in their net income over the years. Comparing the net income in 2019, 2020, and 2021 (€36,578,000, €61,761,000, and €272,967,000 respectively), it's clear that the company has significantly improved its profitability.
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News
EQS-News: CANCOM: CANCOM Group starts the 2024 financial year with significant growth
EQS-News: CANCOM SE: CANCOM publishes Annual Report 2023 and forecasts significant growth
EQS-News: CANCOM SE: CANCOM grows very significantly in 2023 and achieves key forecast targets