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Cancom SECOK.DECompetitor analysis, valuation and peers

Germany · EUR·Information Technology›Information Technology Services
Momentum weak 25
Mkt cap
$662M
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$2.80M
20-day average traded
Fwd P/E
17.4×
forward earnings
ROIC−WACC
-1.2 pp
WACC 6.5%
Hurdle
-1 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · EUR€20.55
1D-3.1%
1W-2.4%
1M-7.6%
3M-8.9%
6M-19.6%
YTD-22.9%
1Y-11.8%
ATR %3.4%
52w lowhigh30.2% off high

What Cancom does

Employees: 5,281

Cancom at a glance

Size Cancom (COK.DE) is a Germany Information Technology company (Information Technology Services) with a market value of $662M, the 166th largest of 205 Germany companies the cockpit tracks. Shares closed at €20.55 on 6 Nov 2026.

Performance Over six months the shares fell 19.6%, against -9.6% for the median peer and +2.6% for the Germany market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue fell 1.1% over the last twelve months (peer median +8.7%); the operating margin is 3.1% (peer median 1.1%).

Valuation It trades at 17.4× forward earnings against a peer median of 30.3× (3rd cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -1 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 1.2 points below its cost of capital (6.5% WACC).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026Peer median 91COK.DE 81
Six months, rebased to 100: Cancom against the median of its 20 peers (local-currency closes).

Cancom financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue€1.69B€1.71B€1.74B€1.52B€1.29B
Revenue growth—-1%+14%+18%—
Gross profit€141M€121M€136M€119M€94.1M
EBITDA€116M€91.7M€108M€106M€96.9M
Net income€37.2M€28.7M€33.5M€37.9M€32.4M
Free cash flow€10.8M€122M€170M€72.6M-€79.2M
Capital expenditure€15.7M€14.8M€22.3M€25.8M€26.4M
Total debt€227M€205M€194M€211M€137M

Quarterly statements and history in the cockpit →

Cancom competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-10%0%+10%300044002642VTEX688175VRC30127360028860313830046599596887686947MUMEBGNGSONATSOFTW4413603206002657COK.DE6-month return →1-month return →
Up and to the right = strong over both horizons. Cancom is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×100×200×300×VTEXVRC603138250699596887686947EBGNG4413002657COK.DERevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Cancom is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%002642VTEX688175VRC3004656947MUMSONATSOFTW4413603206COK.DEGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Cancom is the large dot.

Cancom competitors and peer comparison

How Cancom compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Cancom against its 20 peers (data as of 6 Nov 2026)
MeasureCOK.DEPeer medianRank in peer set
1-month return-7.6%-2.4%6th lowest of 21
6-month return-19.6%-9.6%6th lowest of 21
Distance from 52-week high-30.2%-30.8%11th highest of 21
Revenue growth (TTM)-1.1%+8.7%8th lowest of 21
Operating margin3.1%1.1%9th highest of 21
Forward P/E17.4×30.3×3rd cheapest of 13
Growth the price implies (Req g, 7 yrs)6.5%15.8%4th least demanding of 11
Growth delivered (Del g)+7.8%+9.1%5th lowest of 11
Hurdle (Req g minus delivered)-1.3 pp-0.5 pp6th least demanding of 11
ROIC minus cost of capital-1.2 pp-4.4 pp9th highest of 20
EV / EBITDA6.8×16.2×cheapest of 7
Net debt / EBITDA1.8×-0.4×3rd most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Cancom COK.DEGermany$662M-20%-1%3%17.4×6.5%+7.8%
Shenzhen Sunwin Intelligent 300044.SZChina$663M-14%+116%-679%n/an/an/a
Ronglian 002642.SZChina$664M-13%+18%1%n/a43.6%-7.1%
VTEX VTEXUnited States$666M+6%+10%13%18.3×4.2%+19.5%
Zhuhai Comleader Information Science & Technology 688175.SSChina$657M-8%-20%-10%n/a38.7%-10.3%
Vercom VRC.WAPoland$656M-3%0%24%20.6×13.1%+32.2%
Shanghai Rychen Technologies 301273.SZChina$645M+60%-6%-30%n/an/an/a
Daheng New Epoch Technology 600288.SSChina$644M-35%-3%11%n/an/an/a
Beijing Vastdata Technology 603138.SSChina$642M-19%+18%-25%57.0×n/an/a
Xunfei Healthcare Technology 2506.HKHong Kong$641M-17%+25%-7%326.1×n/an/a
Global Infotech 300465.SZChina$685M-28%-19%3%n/a41.1%-11.5%
Linklogis 9959.HKHong Kong$698M+4%+24%-9%136.2×n/an/a
Anhui Ronds Science & Technology 688768.SSChina$629M+16%-5%-5%32.0×n/an/a
Zuken 6947.TJapan$699M+12%+12%14%18.5×-6.8%+8.4%
Mensch und Maschine Software MUM.DEGermany$627M-5%+8%19%16.0×0.6%-0.4%
Gng Electronics EBGNG.NSIndia$705M+32%+34%11%33.7×n/an/a
Sonata Software SONATSOFTW.NSIndia$711M-12%+4%5%13.5×18.5%+20.4%
baudroie,inc 4413.TJapan$600M+48%+49%18%28.6×8.4%+41.4%
Bestlink Technologies 603206.SSChina$598M-21%+10%1%n/a26.9%+9.9%
Sinodata 002657.SZChina$734M-30%-31%-33%206.1×n/an/a
Beijing Philisense Technology 300287.SZChina$736M-21%-52%-25%n/an/an/a

Questions

Which companies are Cancom's closest peers?
The cockpit's peer set: Shenzhen Sunwin Intelligent (300044.SZ), Ronglian (002642.SZ), VTEX (VTEX), Zhuhai Comleader Information Science & Technology (688175.SS), Vercom (VRC.WA), Shanghai Rychen Technologies (301273.SZ), Daheng New Epoch Technology (600288.SS), Beijing Vastdata Technology (603138.SS).
Is Cancom expensive compared with its peers?
On forward p/e it trades at 17.4× against a peer median of 30.3×, 3rd cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -1 pp: the price already allows for a slowdown.
How has Cancom stock performed?
Over six months to 6 Nov 2026 the shares returned -19.6% against -9.6% for the median peer; over one year -11.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.