Cancom SE: Business Overview, Financials & Competitive Analysis
Cancom SE scores 7/10 on the AskCyborg Cyborg Score (Strong). Established IT services integrator with solid double-digit growth, diversified service portfolio, and strong dividend yield positioning, though valuation metrics suggest market confidence may be overextended. Strong revenue growth (14% YoY) with established market position in German/Austrian IT services, though elevated PE ratio (50.73) suggests premium pricing. The company has a.
What is Cancom SE's industry? Cancom SE (cancom.de) operates in Information Technology Services. AskCyborg classifies Cancom SE under Information Technology Services in its company registry.
Cancom SE is a German provider of Information Technology (IT) infrastructure and services, offering integrated cloud and managed solutions to enterprises and public sector organizations across Europe. In 2024, Cancom ...
Cyborg Score thesis
Established IT services integrator with solid double-digit growth, diversified service portfolio, and strong dividend yield...
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Get Current Report FreeCancom SE Overview
Pro stress-test →Cancom SE is a German provider of Information Technology (IT) infrastructure and services, offering integrated cloud and managed solutions to enterprises and public sector organizations across Europe. In 2024, Cancom SE's revenue was 1.74 billion, an increase of 13.95% compared to the previous year's 1.53 billion.
Strategic Profile
Pro stress-test →Cancom's strategic strength lies in its integrated service platform, which combines different IT services to meet the complex needs of its clients. The Company diversifies its activities into two business segments: Cloud Solutions and IT Solutions, serving diverse sectors including retail, manufacturing, and public administration.
Competitive Landscape
Pro stress-test →CANCOM operates as a one-stop shop for corporate IT services in Germany and Austria, competing against regional IT service providers and cloud-native vendors. Key competitors include Kratos, Easynet, and various system integrators, with differentiation through integrated service delivery and established enterprise relationships.
Industry Context
Cancom SE operates in Information Technology Services.
Key facts
Founded: 1992 · Headquarters: Munich, Germany · Employees: 5,404 · Revenue: €1.74B (2024) · Market cap: €879M