Cenit AG (CHIX:CSHD) Debt-to-EBITDA : 1.98 (As of Mar. 2026) — 15% Above Median


CHIX:CSHD Cenit AG CHIX:CSHD
80 GF Score
Price €14.38
GF Value €16.60
! 5 Warning Signs
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What is Cenit AG Debt-to-EBITDA?

Cenit AG CHIX:CSHD 80 Debt-to-EBITDA is 1.98 as of Mar. 2026, which is 15% above its 10-year median of 1.72. GuruFocus rates CHIX:CSHD with a GF Score™ of 80/100 and a GF Value™ of €16.60. The stock has 5 warning signs investors should review. Among 1,704 Software companies, Cenit AG ranks worse than 68.02% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cenit AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €3.8 Mil. Cenit AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €38.0 Mil. Cenit AG's annualized EBITDA for the quarter that ended in Mar. 2026 was €21.1 Mil. Cenit AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.98.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cenit AG's Debt-to-EBITDA or its related term are showing as below:

CHIX:CSHd' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 1.72   Max: 5.34
Current: 2.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cenit AG was 5.34. The lowest was 0.21. And the median was 1.72.

CHIX:CSHd's Debt-to-EBITDA is ranked worse than
68.02% of 1704 companies
in the Software industry
Industry Median: 1.1 vs CHIX:CSHd: 2.34

Cenit AG  (CHIX:CSHd) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cenit AG Debt-to-EBITDA Related Terms


Cenit AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cenit AG's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cenit AG Debt-to-EBITDA Chart

Cenit AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 2.19 3.40 5.34 4.07

Cenit AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.27 3.20 2.41 2.46 1.98

CHIX:CSHD vs UBER, SHOP, CRM: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Cenit AG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cenit AG Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Cenit AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cenit AG's Debt-to-EBITDA falls into.


CHIX:CSHD
80GF Score
Cenit AG CHIX:CSHD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cenit AG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cenit AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.95 + 37.625) / 10.225
=4.07

Cenit AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.835 + 38.034) / 21.128
=1.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.98 mean?
Cenit AG (CHIX:CSHD) has a Debt-to-EBITDA of 1.98 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cenit AG. This is 15% above median its historical median of 1.72. Over the past decade, Cenit AG's Debt-to-EBITDA has ranged from 0.21 to 5.34. According to the industry distribution chart, Cenit AG ranks #1159 out of 1704 companies in the Software industry, placing it in the top 68%.
Is Cenit AG's Debt-to-EBITDA too high?
Cenit AG's current Debt-to-EBITDA of 1.98 is 15% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 5.34. The Software industry median Debt-to-EBITDA is 1.10. Cenit AG's value of 1.98 is 80% above this industry median. Based on the distribution chart, Cenit AG ranks #1159 out of 1704 companies in the Software industry, which is below the industry midpoint. Overall, Cenit AG has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Cenit AG ranks #1159 out of 1704 companies for Debt-to-EBITDA. This places Cenit AG in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. Cenit AG's value of 1.98 is 80% above this benchmark. Historically, Cenit AG's own Debt-to-EBITDA has ranged from 0.21 to 5.34 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.10, Cenit AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Software company?
The median Debt-to-EBITDA among Software companies is 1.10, based on 1,704 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenit AG's current Debt-to-EBITDA of 1.98 is 80% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cenit AG. For the Software industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenit AG's current Debt-to-EBITDA is 1.98, which is 15% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Cenit AG (CHIX:CSHD) has a current Debt-to-EBITDA of 1.98. The stock's GF Value™ is €16.60, compared to a current price of €14.38 — trading 13.4% below its estimated fair value. The current Debt-to-EBITDA is 1.98, which is 15% above median its 10-year median of 1.72 and 80% above the Software industry median of 1.10. Cenit AG's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cenit AG (CHIX:CSHD), the current Debt-to-EBITDA is 1.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cenit AG (CHIX:CSHD) Overvalued in 2026?

Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued. The current stock price of €14.38 is trading 13.4% below its estimated GF Value™ of €16.60.

Key valuation signals for CHIX:CSHD:

  • Debt-to-EBITDA: 1.98 (15% above median its 10-year median of 1.72)
  • GF Value™: €16.60 vs. price of €14.38 (13.4% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 80% above the Software median (#1159 of 1704)

No single metric tells the full story. See the CHIX:CSHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cenit AG Business Description

Other Exchanges 0MUF:UKCSH:Germany
Address Industriestrasse 52-54, Stuttgart, DEU, 70565
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
80GF Score

Get the complete analysis for CHIX:CSHD

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.38
Price
€16.60
GF Value