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Cenit Valuation Multiples

Discover Cenit's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Carillion, Loihde, CAG Group, CombinedX and more.

Cenit Overview

About Cenit

Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on the products of strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. It has a presence in Germany, the Rest of Europe, and the Rest of the world. It generates revenue from its Germany segment.


Founded

1988

HQ

Germany

Employees

984

Website

cenit.com

Financials (LTM)

Revenue: $247M
EBITDA: $18M

EV

$98M

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Cenit Financials

Cenit reported last 12-month revenue of $247M and EBITDA of $18M.

In the same LTM period, Cenit generated $149M in gross profit, $18M in EBITDA, and $188K in net income.

Revenue (LTM)


Cenit P&L

In the most recent fiscal year, Cenit reported revenue of $245M and EBITDA of $14M.

Cenit is unprofitable as of last fiscal year, with gross margin of 22%, EBITDA margin of 6%, and net margin of (1%).

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LTMLast FY202320242025202620272028
Revenue$247M$245M$213M$239M$241M
Gross Profit$149M$53M$50M$57M$53M
Gross Margin60%22%24%24%22%
EBITDA$18M$14M$16M$13M$12M
EBITDA Margin7%6%8%5%5%
EBIT Margin2%1%4%3%1%
Net Profit$188K($1M)$5M($82K)($1M)
Net Margin0%(1%)2%(0%)(1%)
Net Debt-$20M---

Financial data powered by Morningstar, Inc.

Cenit Stock Performance

Cenit has current market cap of $82M, and enterprise value of $98M.

Market Cap Evolution


Cenit's stock price is $9.84.

Cenit share price decreased by 13.0% in the last 30 days, and by 2.4% in the last year.

Cenit has an EPS (earnings per share) of $-0.17.

See more trading valuation data for Cenit
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$98M$82M0.0%-13.0%32.7%-2.4%$-0.17

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Cenit Valuation Multiples

Cenit trades at 0.4x EV/Revenue multiple, and 5.5x EV/EBITDA.

See NTM and 2027E valuation multiples for Cenit

EV / Revenue (LTM)


Cenit Financial Valuation Multiples

As of June 8, 2026, Cenit has market cap of $82M and EV of $98M.

Cenit has a P/E ratio of 437.7x.

LTMLast FY202320242025202620272028
EV/Revenue0.4x0.4x0.5x0.4x0.4x
EV/EBITDA5.5x6.8x5.9x7.4x8.3x
EV/EBIT20.7x64.8x11.3x11.8x64.8x
EV/Gross Profit0.7x1.8x2.0x1.7x1.8x
P/En/m(59.1x)15.9xn/m(59.1x)
EV/FCF9.1x6.8x21.4x9.6x6.8x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Cenit Valuation Multiples

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Cenit Margins & Growth Rates

Cenit grew revenue by 2% and EBITDA by 55% in the last fiscal year.

In the most recent fiscal year, Cenit reported gross margin of 22%, EBITDA margin of 6%, and net margin of (1%).

See estimated margins and future growth rates for Cenit

Cenit Margins

Last FY202420252026202720282029
Gross Margin22%24%22%61%
EBITDA Margin6%5%5%9%
EBIT Margin1%3%1%4%
Net Margin(1%)(0%)(1%)2%
FCF Margin6%4%6%4%

Cenit Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth2%12%1%3%
Gross Profit Growth185%13%(6%)185%
EBITDA Growth55%(20%)(10%)89%
EBIT Growth588%(4%)(82%)588%
Net Profit Growth(397%)(102%)1604%(397%)
FCF Growth(26%)123%42%(26%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Cenit Operational KPIs

Cenit's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.

Cenit's Rule of 40 is 12% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Cenit's Rule of X is 17% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Cenit
LTMLast FY202320242025202620272028
Rule of 4010%12%---
Bessemer Rule of X15%17%---
Revenue per Employee-$0.2M---
Opex per Employee-$0.1M---
S&M Expenses to Revenue-1%1%1%1%
G&A Expenses to Revenue-2%2%3%2%
Opex to Revenue-21%19%20%21%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Cenit Competitors

Cenit competitors include Carillion, Loihde, CAG Group, CombinedX, Alithya Group, Mastech Digital, Zeuus, Kellton Tech Solutions, Matica Fintec and Audius.

Most Cenit public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Carillion----
Loihde0.5x-6.5x-
CAG Group0.7x0.7x6.7x6.3x
CombinedX0.8x0.9x6.6x6.7x
Alithya Group0.5x0.5x4.7x5.0x
Mastech Digital0.2x0.3x13.8x-
Zeuus----
Kellton Tech Solutions0.5x-4.5x-

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Acquisitions by Cenit

Cenit has acquired 1 company to date.

Last acquisition by Cenit was on April 3rd 2022. Cenit acquired ISR Braunschweig for $40M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Cenit

ISR Braunschweig
Description
ISR Braunschweig is a Braunschweig, Germany-based IT consulting firm specializing in strategic advisory, SAP implementations, and application management. The company supports manufacturing and public sector clients with digital transformation projects across Europe. ISR delivers customized solutions for ERP systems and cloud migrations, maintaining long-term partnerships with German industrial firms.
HQ CountryGermany
HQ City
Braunschweig
Deal Date3 Apr 2022
Valuation$40M
EV/Revenue
EV/EBITDA

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About Cenit

When was Cenit founded?Cenit was founded in 1988.
Where is Cenit headquartered?Cenit is headquartered in Germany.
How many employees does Cenit have?As of today, Cenit has over 984 employees.
Is Cenit publicly listed?Yes, Cenit is a public company listed on Frankfurt Stock Exchange.
What is the stock symbol of Cenit?Cenit trades under CSH ticker.
When did Cenit go public?Cenit went public in 1998.
Who are competitors of Cenit?Cenit main competitors include Carillion, Loihde, CAG Group, CombinedX, Alithya Group, Mastech Digital, Zeuus, Kellton Tech Solutions, Matica Fintec, Audius.
What is the current market cap of Cenit?Cenit's current market cap is $82M.
What is the current revenue of Cenit?Cenit's last 12 months revenue is $247M.
What is the current revenue growth of Cenit?Cenit revenue growth (NTM/LTM) is 3%.
What is the current EV/Revenue multiple of Cenit?Current revenue multiple of Cenit is 0.4x.
What is the current EBITDA of Cenit?Cenit's last 12 months EBITDA is $18M.
What is Cenit's EBITDA margin?Cenit's last 12 months EBITDA margin is 7%.
What is the current EV/EBITDA multiple of Cenit?Current EBITDA multiple of Cenit is 5.5x.
What is the current FCF of Cenit?Cenit's last 12 months FCF is $11M.
What is Cenit's FCF margin?Cenit's last 12 months FCF margin is 4%.
What is the current EV/FCF multiple of Cenit?Current FCF multiple of Cenit is 9.1x.
How many companies Cenit has acquired to date?As of June 2026, Cenit has acquired 1 company.
What was the largest acquisition by Cenit?$40M acquisition of ISR Braunschweig on 3rd April 2022 was the largest M&A Cenit has done to date.
What companies Cenit acquired?Cenit acquired ISR Braunschweig.
In how many companies Cenit has invested to date?Cenit hasn't invested in any companies yet (or none have been disclosed publicly).

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