Cherry AG (C3RY) AI Stock Analysis

• Market Cap: €18.18M
• Dividend Yield: N/A
• Average Volume (3M): 23.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: -17.62%
• EPS Growth: 61.65%
• Country: DE
• Employees: 410
• Sector: Technology
• Sector Strength: 86
• Industry: Computer Hardware
• EPS (TTM): -0.25
• Shares Outstanding: 24,300,000
• 10 Day Avg. Volume: 28,201
• 30 Day Avg. Volume: 23,143
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.00
• Price Target Upside: 29.87% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 41 Neutral
• Price Target: €1.00 ▲(29.87% Upside)

Cherry AG's overall stock score is primarily impacted by its weak financial performance, characterized by declining revenue, persistent losses, and liquidity issues. Technical analysis suggests some potential for recovery, but the valuation remains unattractive due to negative earnings. The absence of earnings call data and corporate events means these factors do not influence the score.

Cherry AG Business Overview & Revenue Model

Company Description

Cherry AG (C3RY) is a leading global provider of computer input devices, specializing in the design, manufacturing, and distribution of high-quality mechanical keyboard switches. The company serves various sectors, including gaming, office, and industrial applications, with a strong emphasis on innovation and performance. Cherry's products are renowned for their durability and precision, earning trust from both consumers and manufacturers in the technology industry.

How the Company Makes Money

Cherry AG generates revenue primarily through the sale of its mechanical keyboard switches to both individual consumers and original equipment manufacturers (OEMs) who integrate these switches into their own products. The company also sells finished keyboards and other input devices directly to consumers and businesses. Key revenue streams include direct sales through Cherry's online store, partnerships with major technology companies, and licensing agreements that allow other manufacturers to use Cherry's patented switch designs. Cherry's focus on high-quality, durable products enables it to maintain premium pricing and strong brand loyalty, contributing significantly to its financial performance.

Cherry AG Financial Statement Overview

Summary

Cherry AG exhibits significant financial challenges with declining revenues, persistent losses, and operational inefficiencies. The balance sheet shows moderate stability but highlights high debt levels. Improvements in cash flow are noted, although free cash flow remains negative, indicating ongoing financial instability.

Income Statement

The company has demonstrated significant revenue volatility, with a noticeable decline in both gross profit and revenue over the recent years. The gross profit margin and net profit margin are negative, indicating operational inefficiencies and consistent losses. The revenue growth rate shows a downward trend, further highlighting financial instability. The negative EBIT and EBITDA margins suggest challenges in cost management and profitability.

Balance Sheet

The balance sheet indicates a moderate level of financial stability with a reasonable equity ratio, but the debt-to-equity ratio suggests a reliance on debt financing. Return on equity is negative, reflecting the company's inability to generate profit from shareholders' equity. The declining stockholders' equity over the years signals potential financial distress.

Cash Flow

The cash flow statement reveals fluctuating cash flow from operations, with recent improvements. However, free cash flow remains negative, indicating challenges in generating sufficient cash to cover capital expenditures. The operating cash flow to net income ratio is inconsistent, reflecting volatility in cash generation relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	105.48M	110.45M	126.46M	132.51M	168.53M	130.20M
Gross Profit	20.45M	23.92M	2.68M	36.87M	68.85M	43.80M
EBITDA	-37.49M	-35.41M	-115.22M	11.29M	40.74M	-2.77M
Net Income	-47.91M	-45.45M	-126.88M	-35.73M	9.29M	90.00K
Balance Sheet
Total Assets	149.85M	168.14M	238.55M	379.07M	410.98M	290.53M
Cash, Cash Equivalents and Short-Term Investments	6.70M	16.37M	46.08M	92.85M	109.68M	22.93M
Total Debt	42.77M	43.32M	65.76M	62.39M	64.57M	95.54M
Total Liabilities	78.42M	90.62M	116.44M	127.24M	117.83M	147.95M
Stockholders Equity	71.44M	77.52M	122.11M	251.83M	293.15M	142.59M
Cash Flow
Free Cash Flow	-11.01M	-5.52M	-35.17M	-4.02M	-1.87M	2.10M
Operating Cash Flow	-2.61M	2.84M	-27.88M	5.77M	7.82M	4.81M
Investing Cash Flow	-9.12M	-9.08M	-10.81M	-11.35M	-14.43M	-208.19M
Financing Cash Flow	-12.87M	-23.65M	-7.87M	-11.21M	92.44M	226.62M

Cherry AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:C3RY, the sentiment is Negative. The current price of 0.77 is below the 20-day moving average (MA) of 0.78, below the 50-day MA of 0.86, and below the 200-day MA of 0.86, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 45.14 is Neutral, neither overbought nor oversold. The STOCH value of 57.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:C3RY.

Cherry AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$36.05B	6.66	-10.10%	1.86%	8.68%	-8.81%
C3RY	41 Neutral	€18.18M	―	-50.37%	―	-17.62%	61.65%
0NXT	―	€20.46M	205.88	2.93%	―	―	―
0RH3	―	€16.19M	―		―	―	―
HYI	―	€24.73M	―		0.74%	―	―
R1B	―	€30.20M	―		―	―	―
T3T1	―	€19.42M	13.95	21.47%	―	―	―