View Past PerformanceComputer Modelling Group バランスシートの健全性財務の健全性 基準チェック /56Computer Modelling Groupの総株主資本はCA$87.3M 、総負債はCA$3.5Mで、負債比率は4%となります。総資産と総負債はそれぞれCA$192.4MとCA$105.1Mです。 Computer Modelling Groupの EBIT はCA$27.0Mで、利息カバレッジ比率36.6です。現金および短期投資はCA$23.7Mです。主要情報4.04%負債資本比率CA$3.53m負債インタレスト・カバレッジ・レシオ36.6x現金CA$23.74mエクイティCA$87.34m負債合計CA$105.06m総資産CA$192.40m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$4.28, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 5x in the Software industry in Canada. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$5.57 per share.お知らせ • Mar 25Computer Modelling Group Ltd. (TSX:CMG) acquired Rose & Associates, LLP for $12.3 million.Computer Modelling Group Ltd. (TSX:CMG) acquired Rose & Associates, LLP for $12.3 million on March 25, 2026. The consideration of $9.8 million consisting of $8.8 million paid in cash at closing, plus an amount equivalent to Rose’s cash on hand immediately prior to closing, with the remainder subject to a customary holdback, and a potential earn-out of up to $2.5 million tied to performance milestones. Following the acquisition, Peter Carragher, currently Managing Partner at Rose, to be appointed as General Manager and Rose & Associates, LLP team would join Computer Modelling Group Ltd. For the period ending December 31, 2025, Rose & Associates, LLP reported total revenue of $6.8 million. Computer Modelling Group Ltd. (TSX:CMG) completed the acquisition of Rose & Associates, LLP on March 25, 2026.Upcoming Dividend • Feb 28Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 13 March 2026. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (0.3%).Recent Insider Transactions • Feb 20Independent Director recently bought CA$81k worth of stockOn the 18th of February, Peter Kinash bought around 20k shares on-market at roughly CA$4.05 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$149k. Insiders have collectively bought CA$415k more in shares than they have sold in the last 12 months.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$4.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 5x in the Software industry in Canada. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$5.40 per share.Declared Dividend • Feb 13Third quarter dividend of CA$0.01 announcedShareholders will receive a dividend of CA$0.01. Ex-date: 5th March 2026 Payment date: 13th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 12Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: CA$0.072 (down from CA$0.12 in 3Q 2025). Revenue: CA$32.7m (down 8.6% from 3Q 2025). Net income: CA$5.96m (down 38% from 3Q 2025). Profit margin: 18% (down from 27% in 3Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 1.5%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.分析記事 • Feb 12Investors Don't See Light At End Of Computer Modelling Group Ltd.'s (TSE:CMG) Tunnel And Push Stock Down 29%Computer Modelling Group Ltd. ( TSE:CMG ) shareholders won't be pleased to see that the share price has had a very...Price Target Changed • Feb 11Price target decreased by 11% to CA$6.46Down from CA$7.29, the current price target is an average from 7 analysts. New target price is 66% above last closing price of CA$3.89. Stock is down 57% over the past year. The company is forecast to post earnings per share of CA$0.21 for next year compared to CA$0.27 last year.お知らせ • Feb 11+ 1 more updateComputer Modelling Group Ltd Appoints Christopher Wright to Its Board of Directors, Effective 10 February 2026Computer Modelling Group Ltd. announced the appointment of Christopher Wright to its Board of Directors, effective 10 February 2026. Mr. Wright brings extensive experience in global investment, board governance, and growth strategy.Mr. Wright served on the Board of Roper Technologies, a market leading vertical software and technology business, for thirty-five years. During his tenure, Roper completed over 60 acquisitions, successfully growing its enterprise value to more than USD 60 Billion in June 2025 when he stepped back from its Board. Mr. Wright was a co-founding Board member and lead external investor in Idox plc, a UK (AIM market) B2B software company focused on the UK local government applications. Until 2019, he was Chairman of a UK based asset management company focused on small-cap listed software companies. He also served as Global Head of Private Equity and sat on the group management board of Dresdner Kleinwort, a leading Anglo-German investment bank. He remains a director of Merifin Capital, a single-family office based in Europe investing in venture, private equity and related asset classes, and has served for over a decade on the Board at Sutton Trust, a UK charitable organization. He brings extensive experience chairing and/or serving on boards and audit, compensation, and executive committees. Mr. Wright is graduate of Oxford University and an Hon. Fellow of Corpus Christi College, Oxford.Buy Or Sell Opportunity • Jan 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CA$5.01. The fair value is estimated to be CA$6.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 0.4% in a year. Earnings are forecast to grow by 0.1% in the next year.Price Target Changed • Dec 16Price target decreased by 7.1% to CA$7.04Down from CA$7.58, the current price target is an average from 6 analysts. New target price is 40% above last closing price of CA$5.04. Stock is down 54% over the past year. The company is forecast to post earnings per share of CA$0.21 for next year compared to CA$0.27 last year.Upcoming Dividend • Nov 28Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (0.3%).Recent Insider Transactions • Nov 20Independent Director recently bought CA$99k worth of stockOn the 14th of November, Peter Kinash bought around 20k shares on-market at roughly CA$4.97 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$6.2m more in shares than they bought in the last 12 months.Major Estimate Revision • Nov 17Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CA$124.8m to CA$127.4m. EPS estimate fell from CA$0.245 to CA$0.21 per share. Net income forecast to shrink 15% next year vs 36% growth forecast for Software industry in Canada . Consensus price target down from CA$7.58 to CA$7.29. Share price fell 7.0% to CA$4.90 over the past week.Declared Dividend • Nov 14Second quarter dividend of CA$0.01 announcedShareholders will receive a dividend of CA$0.01. Ex-date: 5th December 2025 Payment date: 15th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 7.6% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 13Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: CA$0.03 (down from CA$0.046 in 2Q 2025). Revenue: CA$30.2m (up 2.5% from 2Q 2025). Net income: CA$2.72m (down 28% from 2Q 2025). Profit margin: 9.0% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to stay flat during the next 2 years compared to a 17% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.お知らせ • Nov 12+ 1 more updateComputer Modelling Group Announces Quarterly Dividend, Payable on December 15, 2025Computer Modelling Group’s Board approved a cash dividend of $0.01 per Common Share. The dividend will be paid on December 15, 2025, to shareholders of record at the close of business on December 5, 2025.Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Andrew Pastor was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 05Computer Modelling Group Ltd. Announces Board AppointmentsComputer Modelling Group Ltd. announced that at its AGM held on September 4, 2025, shareholders approved the election of Anuroop Duggal and Andrew Pastor as board of directors. Following the annual meeting, Andrew Pastor was appointed by the Board as the new Chair of the Board of Directors.分析記事 • Sep 03Computer Modelling Group (TSE:CMG) Is Reducing Its Dividend To CA$0.01Computer Modelling Group Ltd.'s ( TSE:CMG ) dividend is being reduced by 80% to CA$0.01 per share on 15th of September...Upcoming Dividend • Aug 29Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 September 2025. Payment date: 15 September 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (0.2%).Recent Insider Transactions • Aug 22President recently bought CA$59k worth of stockOn the 14th of August, Pramod Jain bought around 9k shares on-market at roughly CA$6.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$117k. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$903k worth in shares.Recent Insider Transactions • Aug 19President recently bought CA$59k worth of stockOn the 14th of August, Pramod Jain bought around 9k shares on-market at roughly CA$6.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$117k. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$903k worth in shares.Declared Dividend • Aug 14First quarter dividend reduced to CA$0.01Dividend of CA$0.01 is 80% lower than last year. Ex-date: 5th September 2025 Payment date: 15th September 2025 Dividend yield will be 2.5%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 6.2% over the next year, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Aug 10Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to CA$6.55. The fair value is estimated to be CA$5.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 5.3%. Revenue is forecast to decline by 1.5% in a year. Earnings are forecast to decline by 5.3% in the next year.Reported Earnings • Aug 08First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: CA$0.04 (down from CA$0.049 in 1Q 2025). Revenue: CA$29.6m (down 2.9% from 1Q 2025). Net income: CA$3.31m (down 17% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to stay flat during the next 2 years compared to a 16% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Aug 08Some Confidence Is Lacking In Computer Modelling Group Ltd.'s (TSE:CMG) P/EWith a price-to-earnings (or "P/E") ratio of 23.6x Computer Modelling Group Ltd. ( TSE:CMG ) may be sending bearish...Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$6.41, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Software industry in Canada. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$6.65 per share.お知らせ • Aug 07+ 1 more updateComputer Modelling Group Ltd. Announces Earnings Guidance for the Second Quarter of 2025Computer Modelling Group Ltd. announced earnings guidance for the second quarter of 2025. For the quarter, the company expects a mid-single-digit decline in recurring revenue compared to first quarter.お知らせ • Jul 31+ 1 more updateComputer Modelling Group Ltd. Announces Promotion of Herman Nieuwoudt to Executive Vice President and President, Seismic SolutionsComputer Modelling Group Ltd. announced that Herman Nieuwoudt, who joined the company as President of Bluware in November 2024, has been promoted to Executive Vice President and President, Seismic Solutions. In his new role, he will oversee all of the company’s seismic technologies and he will formally join the executive leadership team.お知らせ • Jul 29Computer Modelling Group Ltd. Announces CFO ChangesComputer Modelling Group Ltd. announce the appointment of Vipin Khullar as Chief Financial Officer, effective July 28, 2025 . This leadership addition marks a major step in CMG’s continued evolution, adding key expertise to support the execution of the company’s growth strategy. Mr. Khullar joins CMG from the Perseus Operating Group of Constellation Software Inc., where he most recently served as CFO. During his tenure, he led Perseus’ portfolio of vertical market software businesses, driving acquisitions, integration, financial discipline, and long-term value creation. Prior to Constellation Software Inc., he held various finance leadership positions with IBM Canada. As part of this leadership evolution, Sandra Balic, who has served as CMG’s CFO, will transition to the role of Vice President, Finance. Sandra has been a steady and trusted leader in CMG’s journey, ensuring strong financial controls, compliance, and governance through a complex transformation. She will continue to play a critical leadership role overseeing financial reporting and public company compliance and will work closely with Mr. Khullar as CMG scales its finance capabilities. Mr. Khullar holds a Bachelor of Commerce in Accounting from Toronto Metropolitan University and is a Chartered Professional Accountant. He will be based out of Toronto, Ontario.Recent Insider Transactions • Jul 10President recently bought CA$187k worth of stockOn the 2nd of July, Pramod Jain bought around 26k shares on-market at roughly CA$7.20 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$914k worth in shares.Recent Insider Transactions Derivative • Jul 03Independent Director exercised options to buy CA$184k worth of stock.On the 26th of June, Peter Kinash exercised options to buy 25k shares at a strike price of around CA$6.86, costing a total of CA$169k. This transaction amounted to 32% of their direct individual holding at the time of the trade. Since September 2024, Peter has owned 77.85k shares directly. Company insiders have collectively sold CA$8.2m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Jul 02Computer Modelling Group Ltd., Annual General Meeting, Sep 04, 2025Computer Modelling Group Ltd., Annual General Meeting, Sep 04, 2025.Recent Insider Transactions • Jun 25Vice Chairman of the Board recently sold CA$282k worth of stockOn the 20th of June, Kenneth Dedeluk sold around 40k shares on-market at roughly CA$7.05 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$1.3m.Recent Insider Transactions • Jun 13Vice Chairman of the Board recently sold CA$141k worth of stockOn the 5th of June, Kenneth Dedeluk sold around 20k shares on-market at roughly CA$7.05 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$1.0m.New Risk • Jun 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$493k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (CA$493k sold).Recent Insider Transactions Derivative • Jun 08Independent Director exercised options to buy CA$158k worth of stock.On the 3rd of June, Christopher Fong exercised options to buy 23k shares at a strike price of around CA$6.71, costing a total of CA$152k. This transaction amounted to 39% of their direct individual holding at the time of the trade. Since June 2024, Christopher's direct individual holding has increased from 37.19k shares to 57.67k. Company insiders have collectively sold CA$7.3m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Jun 01Independent Director recently bought CA$78k worth of stockOn the 27th of May, Birgit Troy bought around 11k shares on-market at roughly CA$6.99 per share. This transaction increased Birgit's direct individual holding by 6x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$107k. Despite this recent purchase, insiders have collectively sold CA$8.2m more in shares than they bought in the last 12 months.分析記事 • May 29There May Be Some Bright Spots In Computer Modelling Group's (TSE:CMG) EarningsInvestors were disappointed with the weak earnings posted by Computer Modelling Group Ltd. ( TSE:CMG ). However, our...Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CA$6.76, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Software industry in Canada. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$7.12 per share.Declared Dividend • May 25Fourth quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 5th June 2025 Payment date: 13th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 10% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 23Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.27 (down from CA$0.32 in FY 2024). Revenue: CA$129.4m (up 19% from FY 2024). Net income: CA$22.4m (down 15% from FY 2024). Profit margin: 17% (down from 24% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.分析記事 • May 23Returns On Capital At Computer Modelling Group (TSE:CMG) Paint A Concerning PictureWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Price Target Changed • May 23Price target decreased by 15% to CA$10.57Down from CA$12.43, the current price target is an average from 7 analysts. New target price is 57% above last closing price of CA$6.75. Stock is down 40% over the past year.お知らせ • May 22Computer Modelling Group Ltd. Approves Cash Dividend, Payable on June 13, 2025Computer Modelling Group Ltd. approved a cash dividend of $0.05 per Common Share. The dividend will be paid on June 13, 2025, to shareholders of record at the close of business on June 5, 2025.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$6.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Software industry in Canada. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$11.07 per share.Recent Insider Transactions • Apr 06Vice Chairman of the Board recently sold CA$57k worth of stockOn the 31st of March, Kenneth Dedeluk sold around 7k shares on-market at roughly CA$8.00 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$207k. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$2.6m.Recent Insider Transactions • Mar 16President recently bought CA$107k worth of stockOn the 13th of March, Pramod Jain bought around 14k shares on-market at roughly CA$7.42 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$896k worth in shares.分析記事 • Mar 08Why We're Not Concerned Yet About Computer Modelling Group Ltd.'s (TSE:CMG) 27% Share Price PlungeThe Computer Modelling Group Ltd. ( TSE:CMG ) share price has fared very poorly over the last month, falling by a...Upcoming Dividend • Feb 28Upcoming dividend of CA$0.05 per shareEligible shareholders must have bought the stock before 06 March 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (0.3%).Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$8.55, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Software industry in Canada. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$11.43 per share.Declared Dividend • Feb 14Third quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 6th March 2025 Payment date: 14th March 2025 Dividend yield will be 2.3%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.8% to CA$9.12. The fair value is estimated to be CA$11.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.お知らせ • Feb 12Computer Modelling Group Ltd. Approves Cash Dividend, Payable on March 14, 2025Computer Modelling Group Ltd. Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on March 14, 2025, to shareholders of record at the close of business on March 6, 2025.Recent Insider Transactions • Jan 19Vice Chairman of the Board recently sold CA$207k worth of stockOn the 16th of January, Kenneth Dedeluk sold around 20k shares on-market at roughly CA$10.36 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$3.1m. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$3.0m.Recent Insider Transactions • Jan 08Insider recently sold CA$539k worth of stockOn the 31st of December, Long Nghiem sold around 51k shares on-market at roughly CA$10.63 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.1m. Insiders have been net sellers, collectively disposing of CA$14m more than they bought in the last 12 months.Recent Insider Transactions • Dec 15Insider recently sold CA$504k worth of stockOn the 10th of December, Long Nghiem sold around 45k shares on-market at roughly CA$11.16 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.1m. Insiders have been net sellers, collectively disposing of CA$14m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 08VP of Finance & CFO exercised options and sold CA$1.6m worth of stockOn the 2nd of December, Sandra Balic exercised options to acquire 148k shares at no cost and sold these for an average price of CA$11.11 per share. This trade did not impact their existing holding. Since December 2023, Sandra's direct individual holding has increased from 80.72k shares to 115.96k. Company insiders have collectively sold CA$12m more than they bought, via options and on-market transactions in the last 12 months.Upcoming Dividend • Nov 29Upcoming dividend of CA$0.05 per shareEligible shareholders must have bought the stock before 05 December 2024. Payment date: 13 December 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (0.3%).Recent Insider Transactions • Nov 21Insider recently sold CA$153k worth of stockOn the 18th of November, Long Nghiem sold around 15k shares on-market at roughly CA$10.20 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$322k. Insiders have been net sellers, collectively disposing of CA$12m more than they bought in the last 12 months.分析記事 • Nov 19Computer Modelling Group's (TSE:CMG) Conservative Accounting Might Explain Soft EarningsInvestors were disappointed with the weak earnings posted by Computer Modelling Group Ltd. ( TSE:CMG ). While the...Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$10.13, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 39x in the Software industry in Canada. Total returns to shareholders of 132% over the past three years.Declared Dividend • Nov 15Second quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 5th December 2024 Payment date: 13th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 111% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CA$0.05 (down from CA$0.081 in 2Q 2024). Revenue: CA$29.5m (up 30% from 2Q 2024). Net income: CA$3.76m (down 42% from 2Q 2024). Profit margin: 13% (down from 29% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 14Investors Could Be Concerned With Computer Modelling Group's (TSE:CMG) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...お知らせ • Nov 13+ 1 more updateComputer Modelling Group Ltd. (TSX:CMG) acquired Sharp Reflections GmbH.Computer Modelling Group Ltd. (TSX:CMG) acquired Sharp Reflections GmbH for €25 million on November 12, 2024. Total Consideration paid by CMG for Sharp Reflections was €25.0 million cash consideration, subject to post-closing adjustments, plus an amount equivalent to Sharp’s cash on hand immediately prior to closing. CMG funded the consideration from its existing cash-on-hand resources. Sharp Reflections has reported revenue of approximately €10 million for twelve months ended July 31, 2024. Computer Modelling Group Ltd. (TSX:CMG) completed the acquisition of Sharp Reflections GmbH on November 12, 2024.Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Birgit Troy was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 24Computer Modelling Group Ltd. Launches Focus CCS to Accelerate Validation of CO2 Storage SitesComputer Modelling Group Ltd. announced the launch of Focus CCS, a purpose-driven simulation tool designed to accelerate the preliminary selection and validation process for CO2 storage sites. With its intuitive interface and guided workflows, Focus CCS enables engineers to quickly and accurately evaluate risks, predict safe CO2 storage capacities, and expedite the process leading up to permitting and regulatory approval. Focus CCS supports faster model building which allows users to concentrate on critical analysis for proper site selection and long-term CO2 storage. Key features include: Single solution: guided workflows integrate pre-processing, simulation, and visualization into an intuitive interface, ensuring reliability for new users while offering full customization for advanced users, Risk mitigation: assess containment effectiveness by simulating CO2 spread and stabilization over time, based on well location and injection parameters, ensuring long-term project reliability Optimize storage capacity: assess and optimize operational strategies to achieve maximum storage capacity, Confident business decisions: reliable data and information ensure accurate preliminary evaluation of potential storage sites, critical to the long-term success of a CCS project and avoidance of costly mistakes, Focus CCS is now available worldwide and will make a critical contribution to getting more CCS projects. into operation - supporting the global goal of progressing towards net zero.New Risk • Sep 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (CA$1.3m sold).Recent Insider Transactions • Sep 02Insider recently sold CA$322k worth of stockOn the 30th of August, Long Nghiem sold around 25k shares on-market at roughly CA$12.76 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$703k. Insiders have been net sellers, collectively disposing of CA$15m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Aug 19Independent Director exercised options to buy CA$278k worth of stock.On the 14th of August, Peter Kinash exercised options to buy 22k shares at a strike price of around CA$6.31, costing a total of CA$138k. This transaction amounted to 39% of their direct individual holding at the time of the trade. Since September 2023, Peter has owned 56.00k shares directly. Company insiders have collectively sold CA$11m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Aug 11Computer Modelling Group (TSE:CMG) Will Pay A Dividend Of CA$0.05Computer Modelling Group Ltd. ( TSE:CMG ) has announced that it will pay a dividend of CA$0.05 per share on the 5th of...Declared Dividend • Aug 11First quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 13th September 2024 Payment date: 5th September 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next year, which should provide support to the dividend and adequate earnings cover.New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (CA$5.8m sold).分析記事 • Aug 09Computer Modelling Group Ltd.'s (TSE:CMG) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 39.1x Computer Modelling Group Ltd. ( TSE:CMG ) may be sending very...お知らせ • Aug 08Computer Modelling Group Announces First Quarter Dividend, Payable on September 13, 2024Computer Modelling Group’s Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on September 13, 2024, to shareholders of record at the close of business on September 5, 2024.お知らせ • Jul 02Computer Modelling Group Ltd., Annual General Meeting, Sep 05, 2024Computer Modelling Group Ltd., Annual General Meeting, Sep 05, 2024.Recent Insider Transactions Derivative • Jun 24Insider exercised options to buy CA$2.3m worth of stock.On the 20th of June, Long Nghiem exercised options to buy 178k shares at a strike price of around CA$4.66, costing a total of CA$831k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since September 2023, Long's direct individual holding has decreased from 684.47k shares to 528.04k. Company insiders have collectively sold CA$9.8m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Jun 20VP of Finance & CFO exercised options to buy CA$695k worth of stock.On the 13th of June, Sandra Balic exercised options to buy 55k shares at a strike price of around CA$6.31, costing a total of CA$344k. This transaction amounted to 106% of their direct individual holding at the time of the trade. Since September 2023, Sandra's direct individual holding has decreased from 70.86k shares to 51.72k. Company insiders have collectively sold CA$11m more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Jun 17Price target increased by 7.7% to CA$13.14Up from CA$12.20, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CA$12.96. Stock is up 101% over the past year. The company is forecast to post earnings per share of CA$0.36 for next year compared to CA$0.32 last year.Price Target Changed • May 31Price target increased by 7.5% to CA$12.58Up from CA$11.70, the current price target is an average from 6 analysts. New target price is 6.8% below last closing price of CA$13.50. Stock is up 92% over the past year. The company is forecast to post earnings per share of CA$0.37 for next year compared to CA$0.32 last year.Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CA$12.81, the stock trades at a forward P/E ratio of 34x. Average trailing P/E is 56x in the Software industry in Canada. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$14.25 per share.Recent Insider Transactions • May 28Insider recently sold CA$609k worth of stockOn the 27th of May, Robert Hicks sold around 50k shares on-market at roughly CA$12.17 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$9.9m more than they bought in the last 12 months.分析記事 • May 26Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05The board of Computer Modelling Group Ltd. ( TSE:CMG ) has announced that it will pay a dividend of CA$0.05 per share...Declared Dividend • May 26Fourth quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 6th June 2024 Payment date: 14th June 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 23Full year 2024 earnings released: EPS: CA$0.32 (vs CA$0.25 in FY 2023)Full year 2024 results: EPS: CA$0.32 (up from CA$0.25 in FY 2023). Revenue: CA$108.7m (up 47% from FY 2023). Net income: CA$26.3m (up 33% from FY 2023). Profit margin: 24% (down from 27% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 23+ 1 more updateComputer Modelling Group Ltd. Announces Changes to Board of DirectorsComputer Modelling Group Ltd. announced that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at National Instruments, including serving as the Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer. He currently holds director positions with both Faro Technologies, and Cirrus Logic Inc. He also holds a teaching position at the University of Texas McCombs School of Business. The company also announced the resignation of Judith Athaide from the Board of Directors, effective February 29, 2024.Recent Insider Transactions • Apr 17Vice Chairman of the Board recently sold CA$103k worth of stockOn the 16th of April, Kenneth Dedeluk sold around 10k shares on-market at roughly CA$10.25 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$404k. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$4.2m.財務状況分析短期負債: CMGの 短期資産 ( CA$70.6M ) が 短期負債 ( CA$54.2M ) を超えています。長期負債: CMGの短期資産 ( CA$70.6M ) が 長期負債 ( CA$50.9M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: CMG総負債よりも多くの現金を保有しています。負債の削減: CMGの負債対資本比率は、過去 5 年間で0%から4%に増加しました。債務返済能力: CMGの負債は 営業キャッシュフロー によって 十分にカバー されています ( 578.7% )。インタレストカバレッジ: CMGの負債に対する 利息支払い は EBIT ( 36.6 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 09:01終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Computer Modelling Group Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19 アナリスト機関Nick CorcoranAcumen Capital Finance Partners LimitedJason SawatzkyATB CormarkRandy OllenbergerBMO Capital Markets Equity Research16 その他のアナリストを表示
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CA$4.28, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 5x in the Software industry in Canada. Total loss to shareholders of 36% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$5.57 per share.
お知らせ • Mar 25Computer Modelling Group Ltd. (TSX:CMG) acquired Rose & Associates, LLP for $12.3 million.Computer Modelling Group Ltd. (TSX:CMG) acquired Rose & Associates, LLP for $12.3 million on March 25, 2026. The consideration of $9.8 million consisting of $8.8 million paid in cash at closing, plus an amount equivalent to Rose’s cash on hand immediately prior to closing, with the remainder subject to a customary holdback, and a potential earn-out of up to $2.5 million tied to performance milestones. Following the acquisition, Peter Carragher, currently Managing Partner at Rose, to be appointed as General Manager and Rose & Associates, LLP team would join Computer Modelling Group Ltd. For the period ending December 31, 2025, Rose & Associates, LLP reported total revenue of $6.8 million. Computer Modelling Group Ltd. (TSX:CMG) completed the acquisition of Rose & Associates, LLP on March 25, 2026.
Upcoming Dividend • Feb 28Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 March 2026. Payment date: 13 March 2026. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Canadian dividend payers (5.4%). Higher than average of industry peers (0.3%).
Recent Insider Transactions • Feb 20Independent Director recently bought CA$81k worth of stockOn the 18th of February, Peter Kinash bought around 20k shares on-market at roughly CA$4.05 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$149k. Insiders have collectively bought CA$415k more in shares than they have sold in the last 12 months.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CA$4.05, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 5x in the Software industry in Canada. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$5.40 per share.
Declared Dividend • Feb 13Third quarter dividend of CA$0.01 announcedShareholders will receive a dividend of CA$0.01. Ex-date: 5th March 2026 Payment date: 13th March 2026 Dividend yield will be 2.0%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 33% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 12Third quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2026 results: EPS: CA$0.072 (down from CA$0.12 in 3Q 2025). Revenue: CA$32.7m (down 8.6% from 3Q 2025). Net income: CA$5.96m (down 38% from 3Q 2025). Profit margin: 18% (down from 27% in 3Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) exceeded analyst estimates by 1.5%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings.
分析記事 • Feb 12Investors Don't See Light At End Of Computer Modelling Group Ltd.'s (TSE:CMG) Tunnel And Push Stock Down 29%Computer Modelling Group Ltd. ( TSE:CMG ) shareholders won't be pleased to see that the share price has had a very...
Price Target Changed • Feb 11Price target decreased by 11% to CA$6.46Down from CA$7.29, the current price target is an average from 7 analysts. New target price is 66% above last closing price of CA$3.89. Stock is down 57% over the past year. The company is forecast to post earnings per share of CA$0.21 for next year compared to CA$0.27 last year.
お知らせ • Feb 11+ 1 more updateComputer Modelling Group Ltd Appoints Christopher Wright to Its Board of Directors, Effective 10 February 2026Computer Modelling Group Ltd. announced the appointment of Christopher Wright to its Board of Directors, effective 10 February 2026. Mr. Wright brings extensive experience in global investment, board governance, and growth strategy.Mr. Wright served on the Board of Roper Technologies, a market leading vertical software and technology business, for thirty-five years. During his tenure, Roper completed over 60 acquisitions, successfully growing its enterprise value to more than USD 60 Billion in June 2025 when he stepped back from its Board. Mr. Wright was a co-founding Board member and lead external investor in Idox plc, a UK (AIM market) B2B software company focused on the UK local government applications. Until 2019, he was Chairman of a UK based asset management company focused on small-cap listed software companies. He also served as Global Head of Private Equity and sat on the group management board of Dresdner Kleinwort, a leading Anglo-German investment bank. He remains a director of Merifin Capital, a single-family office based in Europe investing in venture, private equity and related asset classes, and has served for over a decade on the Board at Sutton Trust, a UK charitable organization. He brings extensive experience chairing and/or serving on boards and audit, compensation, and executive committees. Mr. Wright is graduate of Oxford University and an Hon. Fellow of Corpus Christi College, Oxford.
Buy Or Sell Opportunity • Jan 19Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to CA$5.01. The fair value is estimated to be CA$6.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years, while earnings per share has been flat. Revenue is forecast to decline by 0.4% in a year. Earnings are forecast to grow by 0.1% in the next year.
Price Target Changed • Dec 16Price target decreased by 7.1% to CA$7.04Down from CA$7.58, the current price target is an average from 6 analysts. New target price is 40% above last closing price of CA$5.04. Stock is down 54% over the past year. The company is forecast to post earnings per share of CA$0.21 for next year compared to CA$0.27 last year.
Upcoming Dividend • Nov 28Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 December 2025. Payment date: 15 December 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (0.3%).
Recent Insider Transactions • Nov 20Independent Director recently bought CA$99k worth of stockOn the 14th of November, Peter Kinash bought around 20k shares on-market at roughly CA$4.97 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$6.2m more in shares than they bought in the last 12 months.
Major Estimate Revision • Nov 17Consensus EPS estimates fall by 14%, revenue upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from CA$124.8m to CA$127.4m. EPS estimate fell from CA$0.245 to CA$0.21 per share. Net income forecast to shrink 15% next year vs 36% growth forecast for Software industry in Canada . Consensus price target down from CA$7.58 to CA$7.29. Share price fell 7.0% to CA$4.90 over the past week.
Declared Dividend • Nov 14Second quarter dividend of CA$0.01 announcedShareholders will receive a dividend of CA$0.01. Ex-date: 5th December 2025 Payment date: 15th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 7.6% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 13Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: CA$0.03 (down from CA$0.046 in 2Q 2025). Revenue: CA$30.2m (up 2.5% from 2Q 2025). Net income: CA$2.72m (down 28% from 2Q 2025). Profit margin: 9.0% (down from 13% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to stay flat during the next 2 years compared to a 17% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
お知らせ • Nov 12+ 1 more updateComputer Modelling Group Announces Quarterly Dividend, Payable on December 15, 2025Computer Modelling Group’s Board approved a cash dividend of $0.01 per Common Share. The dividend will be paid on December 15, 2025, to shareholders of record at the close of business on December 5, 2025.
Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Andrew Pastor was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 05Computer Modelling Group Ltd. Announces Board AppointmentsComputer Modelling Group Ltd. announced that at its AGM held on September 4, 2025, shareholders approved the election of Anuroop Duggal and Andrew Pastor as board of directors. Following the annual meeting, Andrew Pastor was appointed by the Board as the new Chair of the Board of Directors.
分析記事 • Sep 03Computer Modelling Group (TSE:CMG) Is Reducing Its Dividend To CA$0.01Computer Modelling Group Ltd.'s ( TSE:CMG ) dividend is being reduced by 80% to CA$0.01 per share on 15th of September...
Upcoming Dividend • Aug 29Upcoming dividend of CA$0.01 per shareEligible shareholders must have bought the stock before 05 September 2025. Payment date: 15 September 2025. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Canadian dividend payers (5.9%). Higher than average of industry peers (0.2%).
Recent Insider Transactions • Aug 22President recently bought CA$59k worth of stockOn the 14th of August, Pramod Jain bought around 9k shares on-market at roughly CA$6.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$117k. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$903k worth in shares.
Recent Insider Transactions • Aug 19President recently bought CA$59k worth of stockOn the 14th of August, Pramod Jain bought around 9k shares on-market at roughly CA$6.40 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth CA$117k. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$903k worth in shares.
Declared Dividend • Aug 14First quarter dividend reduced to CA$0.01Dividend of CA$0.01 is 80% lower than last year. Ex-date: 5th September 2025 Payment date: 15th September 2025 Dividend yield will be 2.5%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (76% earnings payout ratio) and cash flows (63% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 6.2% over the next year, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Aug 10Now 21% overvaluedOver the last 90 days, the stock has fallen 21% to CA$6.55. The fair value is estimated to be CA$5.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 5.3%. Revenue is forecast to decline by 1.5% in a year. Earnings are forecast to decline by 5.3% in the next year.
Reported Earnings • Aug 08First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: CA$0.04 (down from CA$0.049 in 1Q 2025). Revenue: CA$29.6m (down 2.9% from 1Q 2025). Net income: CA$3.31m (down 17% from 1Q 2025). Profit margin: 11% (down from 13% in 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to stay flat during the next 2 years compared to a 16% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Aug 08Some Confidence Is Lacking In Computer Modelling Group Ltd.'s (TSE:CMG) P/EWith a price-to-earnings (or "P/E") ratio of 23.6x Computer Modelling Group Ltd. ( TSE:CMG ) may be sending bearish...
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$6.41, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 18x in the Software industry in Canada. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$6.65 per share.
お知らせ • Aug 07+ 1 more updateComputer Modelling Group Ltd. Announces Earnings Guidance for the Second Quarter of 2025Computer Modelling Group Ltd. announced earnings guidance for the second quarter of 2025. For the quarter, the company expects a mid-single-digit decline in recurring revenue compared to first quarter.
お知らせ • Jul 31+ 1 more updateComputer Modelling Group Ltd. Announces Promotion of Herman Nieuwoudt to Executive Vice President and President, Seismic SolutionsComputer Modelling Group Ltd. announced that Herman Nieuwoudt, who joined the company as President of Bluware in November 2024, has been promoted to Executive Vice President and President, Seismic Solutions. In his new role, he will oversee all of the company’s seismic technologies and he will formally join the executive leadership team.
お知らせ • Jul 29Computer Modelling Group Ltd. Announces CFO ChangesComputer Modelling Group Ltd. announce the appointment of Vipin Khullar as Chief Financial Officer, effective July 28, 2025 . This leadership addition marks a major step in CMG’s continued evolution, adding key expertise to support the execution of the company’s growth strategy. Mr. Khullar joins CMG from the Perseus Operating Group of Constellation Software Inc., where he most recently served as CFO. During his tenure, he led Perseus’ portfolio of vertical market software businesses, driving acquisitions, integration, financial discipline, and long-term value creation. Prior to Constellation Software Inc., he held various finance leadership positions with IBM Canada. As part of this leadership evolution, Sandra Balic, who has served as CMG’s CFO, will transition to the role of Vice President, Finance. Sandra has been a steady and trusted leader in CMG’s journey, ensuring strong financial controls, compliance, and governance through a complex transformation. She will continue to play a critical leadership role overseeing financial reporting and public company compliance and will work closely with Mr. Khullar as CMG scales its finance capabilities. Mr. Khullar holds a Bachelor of Commerce in Accounting from Toronto Metropolitan University and is a Chartered Professional Accountant. He will be based out of Toronto, Ontario.
Recent Insider Transactions • Jul 10President recently bought CA$187k worth of stockOn the 2nd of July, Pramod Jain bought around 26k shares on-market at roughly CA$7.20 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$914k worth in shares.
Recent Insider Transactions Derivative • Jul 03Independent Director exercised options to buy CA$184k worth of stock.On the 26th of June, Peter Kinash exercised options to buy 25k shares at a strike price of around CA$6.86, costing a total of CA$169k. This transaction amounted to 32% of their direct individual holding at the time of the trade. Since September 2024, Peter has owned 77.85k shares directly. Company insiders have collectively sold CA$8.2m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Jul 02Computer Modelling Group Ltd., Annual General Meeting, Sep 04, 2025Computer Modelling Group Ltd., Annual General Meeting, Sep 04, 2025.
Recent Insider Transactions • Jun 25Vice Chairman of the Board recently sold CA$282k worth of stockOn the 20th of June, Kenneth Dedeluk sold around 40k shares on-market at roughly CA$7.05 per share. This transaction amounted to 9.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$1.3m.
Recent Insider Transactions • Jun 13Vice Chairman of the Board recently sold CA$141k worth of stockOn the 5th of June, Kenneth Dedeluk sold around 20k shares on-market at roughly CA$7.05 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$1.0m.
New Risk • Jun 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: CA$493k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (CA$493k sold).
Recent Insider Transactions Derivative • Jun 08Independent Director exercised options to buy CA$158k worth of stock.On the 3rd of June, Christopher Fong exercised options to buy 23k shares at a strike price of around CA$6.71, costing a total of CA$152k. This transaction amounted to 39% of their direct individual holding at the time of the trade. Since June 2024, Christopher's direct individual holding has increased from 37.19k shares to 57.67k. Company insiders have collectively sold CA$7.3m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Jun 01Independent Director recently bought CA$78k worth of stockOn the 27th of May, Birgit Troy bought around 11k shares on-market at roughly CA$6.99 per share. This transaction increased Birgit's direct individual holding by 6x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth CA$107k. Despite this recent purchase, insiders have collectively sold CA$8.2m more in shares than they bought in the last 12 months.
分析記事 • May 29There May Be Some Bright Spots In Computer Modelling Group's (TSE:CMG) EarningsInvestors were disappointed with the weak earnings posted by Computer Modelling Group Ltd. ( TSE:CMG ). However, our...
Valuation Update With 7 Day Price Move • May 29Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to CA$6.76, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 21x in the Software industry in Canada. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$7.12 per share.
Declared Dividend • May 25Fourth quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 5th June 2025 Payment date: 13th June 2025 Dividend yield will be 2.9%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 10% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 23Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: CA$0.27 (down from CA$0.32 in FY 2024). Revenue: CA$129.4m (up 19% from FY 2024). Net income: CA$22.4m (down 15% from FY 2024). Profit margin: 17% (down from 24% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
分析記事 • May 23Returns On Capital At Computer Modelling Group (TSE:CMG) Paint A Concerning PictureWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Price Target Changed • May 23Price target decreased by 15% to CA$10.57Down from CA$12.43, the current price target is an average from 7 analysts. New target price is 57% above last closing price of CA$6.75. Stock is down 40% over the past year.
お知らせ • May 22Computer Modelling Group Ltd. Approves Cash Dividend, Payable on June 13, 2025Computer Modelling Group Ltd. approved a cash dividend of $0.05 per Common Share. The dividend will be paid on June 13, 2025, to shareholders of record at the close of business on June 5, 2025.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$6.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Software industry in Canada. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$11.07 per share.
Recent Insider Transactions • Apr 06Vice Chairman of the Board recently sold CA$57k worth of stockOn the 31st of March, Kenneth Dedeluk sold around 7k shares on-market at roughly CA$8.00 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$207k. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$2.6m.
Recent Insider Transactions • Mar 16President recently bought CA$107k worth of stockOn the 13th of March, Pramod Jain bought around 14k shares on-market at roughly CA$7.42 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Pramod has been a buyer over the last 12 months, purchasing a net total of CA$896k worth in shares.
分析記事 • Mar 08Why We're Not Concerned Yet About Computer Modelling Group Ltd.'s (TSE:CMG) 27% Share Price PlungeThe Computer Modelling Group Ltd. ( TSE:CMG ) share price has fared very poorly over the last month, falling by a...
Upcoming Dividend • Feb 28Upcoming dividend of CA$0.05 per shareEligible shareholders must have bought the stock before 06 March 2025. Payment date: 14 March 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Canadian dividend payers (6.4%). Higher than average of industry peers (0.3%).
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to CA$8.55, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 26x in the Software industry in Canada. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$11.43 per share.
Declared Dividend • Feb 14Third quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 6th March 2025 Payment date: 14th March 2025 Dividend yield will be 2.3%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 41% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Feb 12Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.8% to CA$9.12. The fair value is estimated to be CA$11.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 36% in the next 2 years.
お知らせ • Feb 12Computer Modelling Group Ltd. Approves Cash Dividend, Payable on March 14, 2025Computer Modelling Group Ltd. Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on March 14, 2025, to shareholders of record at the close of business on March 6, 2025.
Recent Insider Transactions • Jan 19Vice Chairman of the Board recently sold CA$207k worth of stockOn the 16th of January, Kenneth Dedeluk sold around 20k shares on-market at roughly CA$10.36 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$3.1m. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$3.0m.
Recent Insider Transactions • Jan 08Insider recently sold CA$539k worth of stockOn the 31st of December, Long Nghiem sold around 51k shares on-market at roughly CA$10.63 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.1m. Insiders have been net sellers, collectively disposing of CA$14m more than they bought in the last 12 months.
Recent Insider Transactions • Dec 15Insider recently sold CA$504k worth of stockOn the 10th of December, Long Nghiem sold around 45k shares on-market at roughly CA$11.16 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$3.1m. Insiders have been net sellers, collectively disposing of CA$14m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 08VP of Finance & CFO exercised options and sold CA$1.6m worth of stockOn the 2nd of December, Sandra Balic exercised options to acquire 148k shares at no cost and sold these for an average price of CA$11.11 per share. This trade did not impact their existing holding. Since December 2023, Sandra's direct individual holding has increased from 80.72k shares to 115.96k. Company insiders have collectively sold CA$12m more than they bought, via options and on-market transactions in the last 12 months.
Upcoming Dividend • Nov 29Upcoming dividend of CA$0.05 per shareEligible shareholders must have bought the stock before 05 December 2024. Payment date: 13 December 2024. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of Canadian dividend payers (6.1%). Higher than average of industry peers (0.3%).
Recent Insider Transactions • Nov 21Insider recently sold CA$153k worth of stockOn the 18th of November, Long Nghiem sold around 15k shares on-market at roughly CA$10.20 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$322k. Insiders have been net sellers, collectively disposing of CA$12m more than they bought in the last 12 months.
分析記事 • Nov 19Computer Modelling Group's (TSE:CMG) Conservative Accounting Might Explain Soft EarningsInvestors were disappointed with the weak earnings posted by Computer Modelling Group Ltd. ( TSE:CMG ). While the...
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CA$10.13, the stock trades at a forward P/E ratio of 28x. Average trailing P/E is 39x in the Software industry in Canada. Total returns to shareholders of 132% over the past three years.
Declared Dividend • Nov 15Second quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 5th December 2024 Payment date: 13th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 111% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: CA$0.05 (down from CA$0.081 in 2Q 2024). Revenue: CA$29.5m (up 30% from 2Q 2024). Net income: CA$3.76m (down 42% from 2Q 2024). Profit margin: 13% (down from 29% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 14Investors Could Be Concerned With Computer Modelling Group's (TSE:CMG) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
お知らせ • Nov 13+ 1 more updateComputer Modelling Group Ltd. (TSX:CMG) acquired Sharp Reflections GmbH.Computer Modelling Group Ltd. (TSX:CMG) acquired Sharp Reflections GmbH for €25 million on November 12, 2024. Total Consideration paid by CMG for Sharp Reflections was €25.0 million cash consideration, subject to post-closing adjustments, plus an amount equivalent to Sharp’s cash on hand immediately prior to closing. CMG funded the consideration from its existing cash-on-hand resources. Sharp Reflections has reported revenue of approximately €10 million for twelve months ended July 31, 2024. Computer Modelling Group Ltd. (TSX:CMG) completed the acquisition of Sharp Reflections GmbH on November 12, 2024.
Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Birgit Troy was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 24Computer Modelling Group Ltd. Launches Focus CCS to Accelerate Validation of CO2 Storage SitesComputer Modelling Group Ltd. announced the launch of Focus CCS, a purpose-driven simulation tool designed to accelerate the preliminary selection and validation process for CO2 storage sites. With its intuitive interface and guided workflows, Focus CCS enables engineers to quickly and accurately evaluate risks, predict safe CO2 storage capacities, and expedite the process leading up to permitting and regulatory approval. Focus CCS supports faster model building which allows users to concentrate on critical analysis for proper site selection and long-term CO2 storage. Key features include: Single solution: guided workflows integrate pre-processing, simulation, and visualization into an intuitive interface, ensuring reliability for new users while offering full customization for advanced users, Risk mitigation: assess containment effectiveness by simulating CO2 spread and stabilization over time, based on well location and injection parameters, ensuring long-term project reliability Optimize storage capacity: assess and optimize operational strategies to achieve maximum storage capacity, Confident business decisions: reliable data and information ensure accurate preliminary evaluation of potential storage sites, critical to the long-term success of a CCS project and avoidance of costly mistakes, Focus CCS is now available worldwide and will make a critical contribution to getting more CCS projects. into operation - supporting the global goal of progressing towards net zero.
New Risk • Sep 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (CA$1.3m sold).
Recent Insider Transactions • Sep 02Insider recently sold CA$322k worth of stockOn the 30th of August, Long Nghiem sold around 25k shares on-market at roughly CA$12.76 per share. This transaction amounted to 3.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth CA$703k. Insiders have been net sellers, collectively disposing of CA$15m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Aug 19Independent Director exercised options to buy CA$278k worth of stock.On the 14th of August, Peter Kinash exercised options to buy 22k shares at a strike price of around CA$6.31, costing a total of CA$138k. This transaction amounted to 39% of their direct individual holding at the time of the trade. Since September 2023, Peter has owned 56.00k shares directly. Company insiders have collectively sold CA$11m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Aug 11Computer Modelling Group (TSE:CMG) Will Pay A Dividend Of CA$0.05Computer Modelling Group Ltd. ( TSE:CMG ) has announced that it will pay a dividend of CA$0.05 per share on the 5th of...
Declared Dividend • Aug 11First quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 13th September 2024 Payment date: 5th September 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 21% over the next year, which should provide support to the dividend and adequate earnings cover.
New Risk • Aug 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (20% net profit margin). Significant insider selling over the past 3 months (CA$5.8m sold).
分析記事 • Aug 09Computer Modelling Group Ltd.'s (TSE:CMG) Price Is Out Of Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 39.1x Computer Modelling Group Ltd. ( TSE:CMG ) may be sending very...
お知らせ • Aug 08Computer Modelling Group Announces First Quarter Dividend, Payable on September 13, 2024Computer Modelling Group’s Board approved a cash dividend of $0.05 per Common Share. The dividend will be paid on September 13, 2024, to shareholders of record at the close of business on September 5, 2024.
お知らせ • Jul 02Computer Modelling Group Ltd., Annual General Meeting, Sep 05, 2024Computer Modelling Group Ltd., Annual General Meeting, Sep 05, 2024.
Recent Insider Transactions Derivative • Jun 24Insider exercised options to buy CA$2.3m worth of stock.On the 20th of June, Long Nghiem exercised options to buy 178k shares at a strike price of around CA$4.66, costing a total of CA$831k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since September 2023, Long's direct individual holding has decreased from 684.47k shares to 528.04k. Company insiders have collectively sold CA$9.8m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Jun 20VP of Finance & CFO exercised options to buy CA$695k worth of stock.On the 13th of June, Sandra Balic exercised options to buy 55k shares at a strike price of around CA$6.31, costing a total of CA$344k. This transaction amounted to 106% of their direct individual holding at the time of the trade. Since September 2023, Sandra's direct individual holding has decreased from 70.86k shares to 51.72k. Company insiders have collectively sold CA$11m more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Jun 17Price target increased by 7.7% to CA$13.14Up from CA$12.20, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of CA$12.96. Stock is up 101% over the past year. The company is forecast to post earnings per share of CA$0.36 for next year compared to CA$0.32 last year.
Price Target Changed • May 31Price target increased by 7.5% to CA$12.58Up from CA$11.70, the current price target is an average from 6 analysts. New target price is 6.8% below last closing price of CA$13.50. Stock is up 92% over the past year. The company is forecast to post earnings per share of CA$0.37 for next year compared to CA$0.32 last year.
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to CA$12.81, the stock trades at a forward P/E ratio of 34x. Average trailing P/E is 56x in the Software industry in Canada. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$14.25 per share.
Recent Insider Transactions • May 28Insider recently sold CA$609k worth of stockOn the 27th of May, Robert Hicks sold around 50k shares on-market at roughly CA$12.17 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$9.9m more than they bought in the last 12 months.
分析記事 • May 26Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05The board of Computer Modelling Group Ltd. ( TSE:CMG ) has announced that it will pay a dividend of CA$0.05 per share...
Declared Dividend • May 26Fourth quarter dividend of CA$0.05 announcedDividend of CA$0.05 is the same as last year. Ex-date: 6th June 2024 Payment date: 14th June 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.2%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 23Full year 2024 earnings released: EPS: CA$0.32 (vs CA$0.25 in FY 2023)Full year 2024 results: EPS: CA$0.32 (up from CA$0.25 in FY 2023). Revenue: CA$108.7m (up 47% from FY 2023). Net income: CA$26.3m (up 33% from FY 2023). Profit margin: 24% (down from 27% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Canada. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 23+ 1 more updateComputer Modelling Group Ltd. Announces Changes to Board of DirectorsComputer Modelling Group Ltd. announced that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at National Instruments, including serving as the Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer. He currently holds director positions with both Faro Technologies, and Cirrus Logic Inc. He also holds a teaching position at the University of Texas McCombs School of Business. The company also announced the resignation of Judith Athaide from the Board of Directors, effective February 29, 2024.
Recent Insider Transactions • Apr 17Vice Chairman of the Board recently sold CA$103k worth of stockOn the 16th of April, Kenneth Dedeluk sold around 10k shares on-market at roughly CA$10.25 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth CA$404k. Kenneth has been a net seller over the last 12 months, reducing personal holdings by CA$4.2m.