(CEC) Ceconomy - Ratings and Ratios

Ceconomy AG is a leading European consumer electronics retailer, operating under the well-known MediaMarkt and Saturn brands. These brands have established strong market positions, offering a wide range of electronics, from smartphones and home appliances to entertainment systems. The company’s footprint spans Germany, Austria, Switzerland, Hungary, and other parts of Western, Southern, and Eastern Europe.

What’s often overlooked is Ceconomy’s strategic move into services. Through its Deutsche Technikberatung brand, the company provides professional installation, connectivity, and troubleshooting services for electronic devices in customers’ homes. This adds a recurring revenue stream and deepens customer relationships, which is critical in a competitive retail landscape.

From a financial perspective, Ceconomy AG has a market capitalization of 1.576 billion EUR, with a price-to-earnings ratio of 20.30. The price-to-book ratio stands at 3.11, indicating the market values the company’s assets at a premium. The price-to-sales ratio of 0.07 suggests the company is generating significant revenue relative to its market cap, though investors should closely analyze profitability margins.

The company’s operational efficiency is another key factor. With a large network of stores and a strong logistics framework, Ceconomy has managed to maintain its position in a challenging retail environment. Its focus on omnichannel sales—blending online and offline shopping experiences—has been instrumental in adapting to changing consumer behaviors.

Ceconomy AG’s incorporation in 2001 and headquarters in Düsseldorf, Germany, underscore its long-standing presence in the European market. Investors should consider both the resilience of its brick-and-mortar operations and its ability to innovate in a rapidly evolving retail and technology landscape.