Professional
Added to YB: 2023-01-24
Pitch date: 2023-01-24
C3RY.DE [bullish]
Cherry SE
-95.26%
current return
Author Info
No bio for this author
Company Info
Cherry SE, together with its subsidiaries, manufactures and sells computer input devices in Germany. The company offers keyboards, mice, desktop sets, headsets, microphones, keyboard and desktop switches, and terminals; accessories, such as covers and mouse; and software and related services.
Market Cap
EUR 7.5M
Pitch Price
EUR 26.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.12
P/E
-0.14
EV/Sales
0.40
Sector
Technology Hardware, Storage and Peripherals
Category
value
Cherry
Cherry SE (C3RY.DE): German gaming peripherals maker at trough earnings on China lockdowns & inventory glut. 40% share in mechanical keyboard switches, also mice & headsets. Sales split 50% DE, 40% CN, investing in e-commerce & software. Trades at ~4x 2024e EBITDA despite gaming tailwinds & margin expansion potential.
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