CSG N.V. (CSG.AS)
Prague, CZ
Established in 1995 and headquartered in Prague, Czech Republic, CSG N.V. is a defense manufacturer and distributor operating globally, with significant presence across Europe, the United States, and the Asia-Pacific region. The company organizes its extensive operations into two primary divisions: CSG Defence Systems and CSG Ammo+. The CSG Defence Systems division is dedicated to the development, production, sales, and ongoing support and maintenance of military and defense equipment for a diverse clientele, including national governments and private entities. Its comprehensive product range features various medium and large-calibre ammunition, such as 155mm artillery rounds, tank shells, rockets, mortar bombs, and assorted medium-calibre cartridges. This segment also provides robust land systems, which comprise wheeled and tracked military vehicles, heavy-duty off-road trucks, and integrated weapon platforms. Additionally, it supplies advanced defense electronics, including specialized hardware, software, and services like military radars for ground vehicles and air defense, surveillance radar systems, and air traffic control solutions. A key focus within this division's advanced systems unit is the engineering of turbojet engines for unmanned aerial vehicles (UAVs) and missiles. In contrast, the CSG Ammo+ segment concentrates solely on small-calibre ammunition. It delivers cartridges for pistols, revolvers, rifles, and shotguns, catering to the needs of civilian users, law enforcement agencies, and military personnel worldwide. CSG N.V. functions as a subsidiary of CSG FIN a.s.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.95% | -3.63% | -2.39% | -43.52% | -28.10% | -28.10% | -28.10% | -28.10% | -28.10% | -28.10% | -28.10% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 4 | 0 |
| Buy | 6 | +1 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Aerospace & Defense: +15.4%+198.8% ★ Q2'25: +319.5% (vs Q2'23)
-
EPS growth Aerospace & Defense: +32.2%+223.5% ★
-
FCF margin FCF growth · Aerospace & Defense: +45.0%+12.3% ★ Q2'25: -23.4% (vs Q2'23)
-
EBIT margin Aerospace & Defense: +9.2%+27.1% ★ Q2'25: +25.8% (vs Q2'23)
-
ROIC Aerospace & Defense: +6.2%+31.5% ★ Q2'25: +37.7% (vs Q2'23)
-
Share dilution Aerospace & Defense: +0.0%+0.0%
-
Debt / EBITDA Net debt/EBITDA · Aerospace & Defense: 0.16×1.94× Q2'25: 1.40× (vs Q2'23)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2025 actual |
Dec 2026 9 Rev. Ana. 8 EPS Ana. |
Dec 2027 10 Rev. Ana. 9 EPS Ana. |
Dec 2028 8 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|
| Revenue |
6.93B
est.
|
7.53B
7.41B – 7.68B
+8.7% YoY
|
8.77B
8.39B – 9.01B
+16.4% YoY
|
10.26B
9.94B – 10.50B
+17.0% YoY
|
| EBITDA |
1.54B
est.
|
1.67B
1.64B – 1.71B
+8.7% YoY
|
1.95B
1.86B – 2.00B
+16.4% YoY
|
2.28B
2.21B – 2.33B
+17.0% YoY
|
| EBIT |
1.29B
est.
|
1.41B
1.38B – 1.43B
+8.7% YoY
|
1.64B
1.57B – 1.68B
+16.4% YoY
|
1.92B
1.86B – 1.96B
+17.0% YoY
|
| Net Income |
822.29M
est.
|
1.07B
900.00M – 1.18B
+30.2% YoY
|
1.36B
1.22B – 1.59B
+27.3% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
815.87M
est.
|
887.03M
872.01M – 904.61M
+8.7% YoY
|
1.03B
987.59M – 1.06B
+16.4% YoY
|
1.21B
1.17B – 1.24B
+17.0% YoY
|
| EPS |
0.79
est.
|
1.08
0.90 – 1.18
+36.6% YoY
|
1.40
1.22 – 1.59
+29.9% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-26 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-25 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-19 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-18 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings history not available.
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc LVE.PA | 2.77% | 6.59M | 0.40% |
| 2 | WisdomTree Europe Defense Fund WDEF | 1.50% | 1.36M | 0.45% |
| 3 | iShares EURO STOXX Small UCITS ETF DJSC.L | 0.72% | 3.50M | 0.40% |
| 4 | VanEck Defense UCITS ETF DFEN.DE | 0.64% | 44.85M | 0.55% |
| 5 | WisdomTree Europe Defence UCITS ETF - EUR Acc WDEF.L | 0.59% | 28.99M | 0.40% |
| 6 | Amundi PEA S&P 500 UCITS ETF Acc PSP5.PA | 0.58% | 8.91M | 0.12% |
| 7 | Amundi PEA S&P 500 UCITS ETF EUR Hedged Acc PSPH.PA | 0.58% | 8.91M | 0.12% |
| 8 | iShares Defense Industrials Act IDEF | 0.56% | 22.99M | 0.55% |
| 9 | iShares MSCI Netherlands ETF EWN | 0.49% | 2.56M | 0.50% |
| 10 | abrdn Emerging Markets Dividend Active ETF AGEM | 0.40% | 1.44M | 1.18% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Alena Kozakova | HR Director & Director | — | female |
| David Chour | Vice-Chairperson of the Board & COO | — | male |
| Jan Marinov | Chief Executive Officer of CSG Defence division | — | — |
| Ladislav Storek | Vice-Chairman of the Board & General Counsel | — | male |
| Michaela Katolicka | CEO of CSGM & Director | — | female |
| Michal Strnad | Owner, Chairperson of the Board & CEO | — | male |
| Milan Cícer | Director of Security & Compliance | — | — |
| Milan Franc | Managing Director of CSG Deal | — | — |
| Peter Russell | Head of Investor Relations | — | male |
| Petr Formanek | Chief Investment Officer, M&A Director & Executive Director | — | male |
| Petr Marijczuk | Chief Executive Officer of CSG Ammo+ segment | — | — |
| Serge Damian | Chief Sustainability Officer | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for CSG.AS
Short-term intention
Target Price Distribution
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