1. Germany Stocks

  2. •

    Retail trade

  3. •

    Specialty stores
CEWE Stiftung & Co. KGaA

CEWE Stiftung & Co. KGaA

114.00
EUR
-0.20
(-0.18%)
8.35EPS
10.84P/E
614.29MMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
85.27
78.31
80.44
85.9
87.14
94.1
103.02
104.03
99.62
107.47
113.94
123.74
131.29
- -
Basic EPS, GAAP
3.39
3.08
3.15
4.25
4.59
5.06
4.4
7.2
6.77
7.2
8.1
8.64
8.46
8.41
Free Cash Flow per Basic Share
1.98
5.13
3
6.16
0.2
4.7
9.31
14.39
3.76
5.36
11.01
10.88
6.32
- -
Dividend per Share
1.45
1.53
1.55
1.6
1.8
1.85
1.95
2.01
2.3
2.34
2.45
2.6
2.85
2.99
Book Value per Share
21.69
24.39
26.18
28.48
31.43
35.39
37.39
41.75
46.7
51.25
55.66
61.32
66.66
63.51
Tangible Book Value per Share
14.8
18.12
18.32
22.17
25.85
23.11
21.21
26.59
32.27
36.23
40.92
46.88
51.84
52.17
Basic Weighted Avg Shares
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Sales/Revenue/Turnover
561
545
574
614
623
674
743
750
720
762
806
860
900
- -
Operating Margin (%)
5.81
6.61
6.91
8.17
8.7
8.87
8.27
11.58
10.51
10.57
10.9
10.48
10.31
- -
Depreciation Expense
38
33
39
43
40
40
57
55
52
53
54
56
53
- -
Net Income, GAAP
22
21
22
30
33
36
32
52
49
51
57
60
58
57
Effective Tax Rate (%)
17.71
32.04
37.49
34.27
32.84
30.8
40.47
31.99
32.76
31.75
32.19
30.84
34.04
- -
Profit Margin (%)
3.97
3.93
3.92
4.95
5.27
5.38
4.27
6.92
6.79
6.7
7.11
6.98
6.45
- -
Working Capital
10
34
32
44
33
1
-12
23
59
60
83
98
112
153
LT Debt
4
3
2
- -
- -
- -
52
49
44
41
37
33
32
29
Total Equity
143
174
187
203
225
254
270
301
336
363
389
424
453
428
Return on Invested Capital (%)
14.01
12
11.25
14.08
13.76
13.76
10.78
14.57
12.02
12.43
12.72
12.45
11.55
- -
Return on Capital (%)
14.29
12.76
12.53
15.85
15.51
15.32
11.47
15.62
13.3
12.79
13.57
13.33
12.08
- -
Return on Common Equity (%)
16.21
13.54
12.45
15.54
15.32
15.15
12.1
18.2
15.36
14.62
15.24
14.78
13.23
13.77

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
9
9
LT Borrowings
- -
- -
- -
LT Finance Leases
32
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
702
634
614

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
333
220
263
Cash, Cash Equivalents & STI
149
90
26
Accounts Receivable, Net
90
34
34
Inventories
68
69
68
Total Current Liabilities
221
120
110
Payables & Accruals
- -
- -
- -
ST Debt
9
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.28%
8.54%
6.93%
Free Cash Flow
247.28%
5.1%
-42.7%
Net Income, GAAP
11.72%
2.44%
-3.43%
Sales/Revenue/Turnover
4.68%
3.79%
4.64%
Total Cash Common Dividend
5.95%
6.33%
8.13%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
173
156
170
- -
860
2025
182
143
- -
- -
900
2026
186
151
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.81
-0.24
-0.04
7.79
8.64
2025
0.89
-0.41
-0.07
8.28
8.46
2026
0.83
-0.63
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.6
2025
- -
2.85
- -
- -
2.85
2026
- -
3.01
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Thomas Mehls
Full Time Employees
4,009
Sector
Retail trade
Industry
Specialty stores
Address
Meerweg 30-32 Oldenburg NI Germany 26133
IPO Date
Oct 2, 2013
Website
cewe.de
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Business
CEWE Stiftung & Co. KGaA operates as a leading provider of photo finishing, commercial online printing, and retail photo services across Europe. The company's core products include high-quality photo books such as the CEWE PHOTOBOOK; wall art; calendars; traditional photo prints; personalized photo gifts; and photographic hardware. CEWE markets its photo products under multiple brands, including CEWE, WhiteWall, Cheerz, and DeinDesign, offering services through its proprietary retail units and online portals such as www.cewe-print.de. The company operates 14 high-tech production sites mainly in Germany, Poland, and France, supported by 27 sales offices across Europe, with retail presence in countries including Germany, Norway, Sweden, and Belgium. Founded in 1961 and headquartered in Oldenburg, Germany, CEWE serves both consumer and commercial markets with a focus on innovative photo printing technologies and multi-channel retail concepts. In recent developments through 2024 and 2025, CEWE achieved record financial results, with group turnover reaching €832.8 million in 2024, a 6.7% increase over the previous year, and EBIT rising to €86.1 million, at the upper end of its guidance. The company reported growth in its photofinishing segment driven by higher volumes and premium product offerings, with CEWE PHOTOBOOK sales volumes increasing by over 7%. CEWE also slightly reduced its hardware retail sales while improving profitability in that segment. Strategic initiatives include share buybacks and continued investments in digital and automated printing workflows to sustain market leadership. The company confirms its 2025 targets of further revenue and earnings growth, aiming for turnover between €835 million and €865 million and EBIT between €84 million and €92 million, reflecting confidence in its operational execution and market positioning. CEWE’s business is organized into three main segments: Photofinishing, offering photo product manufacturing and sales; Proprietary Retail, trading photo hardware and consumables through brands such as Fotojoker, Fotolab, and Japan Photo; and Commercial Online Printing, serving business customers via online portals and platforms. The company leverages a broad geographic footprint across Europe and serves both direct consumers and business clients with innovative and customizable photo and printing solutions. CEWE’s continuous technological advancements and multi-brand portfolio position it as a technology and market leader in the European photo finishing and online print industry.