Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: €0.12 (vs €0.013 loss in 2Q 2025) Second quarter 2026 results: EPS: €0.12 (up from €0.013 loss in 2Q 2025). Revenue: €370.6m (down 5.8% from 2Q 2025). Net income: €3.48m (up €3.90m from 2Q 2025). Profit margin: 0.9% (up from net loss in 2Q 2025). The move to profitability was driven by lower expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 2% per year. New Risk • Jun 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (93% payout ratio). Share price has been volatile over the past 3 months (5.9% average weekly change). Aankondiging • Jun 19
Cancom SE Confirms Consolidated Earnings Guidance for the Financial Year 2026 Cancom SE confirmed consolidated earnings guidance for the financial year 2026. For the period, the Executive Board confirmed its forecast and expects consolidated revenue of between €1,750 and €1,850 million. Upcoming Dividend • Jun 11
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 18 June 2026. Payment date: 22 June 2026. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Austrian dividend payers (4.1%). Higher than average of industry peers (2.6%). Reported Earnings • May 18
First quarter 2026 earnings released: EPS: €0.26 (vs €0.10 in 1Q 2025) First quarter 2026 results: EPS: €0.26 (up from €0.10 in 1Q 2025). Revenue: €410.9m (flat on 1Q 2025). Net income: €7.77m (up 144% from 1Q 2025). Profit margin: 1.9% (up from 0.8% in 1Q 2025). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Declared Dividend • May 13
Dividend of €1.00 announced Dividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 4.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 55% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Aankondiging • May 06
Cancom SE, Annual General Meeting, Jun 17, 2026 Cancom SE, Annual General Meeting, Jun 17, 2026, at 11:00 W. Europe Standard Time. Declared Dividend • Apr 21
Dividend of €1.00 announced Dividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 3.7%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 52% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Declared Dividend • Apr 07
Dividend of €1.00 announced Dividend of €1.00 is the same as last year. Ex-date: 18th June 2026 Payment date: 22nd June 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio). However, it is well covered by cash flows (24% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control. EPS is expected to grow by 52% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Aankondiging • Mar 31
Cancom SE announces Annual dividend, payable on June 22, 2026 Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 22, 2026, ex-date on June 18, 2026 and record date on June 19, 2026. New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (182% payout ratio). Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Buy Or Sell Opportunity • Nov 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €25.60. The fair value is estimated to be €21.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 35% per annum over the same time period. Reported Earnings • Aug 15
Second quarter 2025 earnings released: €0.013 loss per share (vs €0.20 profit in 2Q 2024) Second quarter 2025 results: €0.013 loss per share (down from €0.20 profit in 2Q 2024). Revenue: €396.2m (flat on 2Q 2024). Net loss: €424.0k (down 106% from profit in 2Q 2024). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year. Aankondiging • May 12
Cancom SE, Annual General Meeting, Jun 24, 2025 Cancom SE, Annual General Meeting, Jun 24, 2025, at 11:00 W. Europe Standard Time. Aankondiging • Apr 01
Cancom SE announces Annual dividend, payable on June 27, 2025 Cancom SE announced Annual dividend of EUR 1.0000 per share payable on June 27, 2025, ex-date on June 25, 2025 and record date on June 26, 2025. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €22.76, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the IT industry in Europe. Total loss to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.45 per share. New Risk • Dec 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: €0.28 (vs €0.27 in 3Q 2023) Third quarter 2024 results: EPS: €0.28. Revenue: €424.6m (up 1.9% from 3Q 2023). Net income: €9.26m (down 12% from 3Q 2023). Profit margin: 2.2% (down from 2.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Europe. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: €0.20 (vs €0.095 in 2Q 2023) Second quarter 2024 results: EPS: €0.20 (up from €0.095 in 2Q 2023). Revenue: €397.5m (up 21% from 2Q 2023). Net income: €7.08m (up 105% from 2Q 2023). Profit margin: 1.8% (up from 1.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • May 30
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 06 June 2024. Payment date: 10 June 2024. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Austrian dividend payers (6.0%). Higher than average of industry peers (2.0%). Reported Earnings • May 16
First quarter 2024 earnings released: EPS: €0.29 (vs €0.28 in 1Q 2023) First quarter 2024 results: EPS: €0.29 (up from €0.28 in 1Q 2023). Revenue: €442.9m (up 39% from 1Q 2023). Net income: €10.2m (up 1.0% from 1Q 2023). Profit margin: 2.3% (down from 3.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 13% per year. Aankondiging • May 08
Cancom SE, Annual General Meeting, Jun 05, 2024 Cancom SE, Annual General Meeting, Jun 05, 2024. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (4.2% average weekly change). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: €1.03 (vs €0.90 in FY 2022) Full year 2023 results: EPS: €1.03 (up from €0.90 in FY 2022). Revenue: €1.54b (up 19% from FY 2022). Net income: €37.9m (up 17% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Aankondiging • Mar 13
Cancom SE, Annual General Meeting, Jun 05, 2024 Cancom SE, Annual General Meeting, Jun 05, 2024. Aankondiging • Dec 13
CANCOM SE Approves Supervisory Board Changes At its meeting held on 12 December 2023, the Supervisory Board of CANCOM SE reorganised the responsibilities on the Board. Klaus Weinmann, who was appointed to the Supervisory Board by court order on 25 October 2023, was elected Chairman of the Supervisory Board at today's meeting. The previous Chairman, Mr. Stefan Kober, remains on the Supervisory Board as Deputy Chairman. In this role, he replaces Dr. Lothar Koniarski, who will step down at his own request on 31 December 2023. The Supervisory Board also intends to have Dr. Ilias Läber, Chief Executive Officer at Spectrum Value Management, appointed by the court as the sixth member of the Supervisory Board in the near future until the 2024 Annual General Meeting. Former Executive Board member Klaus Weinmann becomes Chairman of the Supervisory Board. As one of the founders of CANCOM in 1992, Klaus Weinmann played a key role in shaping the company's development. During his time as CEO until 30 September 2018, the CANCOM Group grew dynamically. The Executive Board and Supervisory Board would like to thank Dr. Koniarski in particular for his trustworthy and constructive work on the Supervisory Board of CANCOM SE over the past ten years. In addition, the Supervisory Board and the Executive Board wish the new Chairman of the Supervisory Board, Klaus Weinmann, a good start and thank Stefan Kober for his work as Chairman of the Supervisory Board. Aankondiging • Nov 29
Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH. Cancom SE (XTRA:COK) agreed to acquire IT Consulting and Services business of DextraData GmbH on November 27, 2023.The transaction is subject to the customary conditions precedent and antitrust approval. The transaction is expected to be completed at the beginning of January 2024. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: €0.27 (vs €0.27 in 3Q 2022) Third quarter 2023 results: EPS: €0.27 (up from €0.27 in 3Q 2022). Revenue: €421.1m (up 27% from 3Q 2022). Net income: €10.5m (up 12% from 3Q 2022). Profit margin: 2.5% (down from 2.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. New Risk • Oct 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (5.5% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 136% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Shareholders have been diluted in the past year (6.4% increase in shares outstanding). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: €0.095 (vs €0.26 in 2Q 2022) Second quarter 2023 results: EPS: €0.095 (down from €0.26 in 2Q 2022). Revenue: €331.9m (up 10% from 2Q 2022). Net income: €3.45m (down 63% from 2Q 2022). Profit margin: 1.0% (down from 3.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. New Risk • Jun 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (4.4% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Aankondiging • Jun 17
Cancom SE Confirms Swantje Schulze as Member of Supervisory Board Cancom SE at its Annual General Meeting held on 14 June 2023, confirmed Dr. Swantje Schulze as a member of the Supervisory Board. Aankondiging • Jun 16
Cancom SE Approves Dividend Cancom SE at its AGM held on June 14, 2023, approved dividend proposal of €1.00 per dividend-bearing share. Upcoming Dividend • Jun 08
Upcoming dividend of €1.00 per share at 3.7% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 19 June 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.7%. Lower than top quartile of Austrian dividend payers (5.4%). Higher than average of industry peers (2.3%). Aankondiging • May 26
Cancom SE Updates Financial Forecast for the Financial Year 2023 Cancom SE updated financial forecast for the financial year 2023. For the period, the company expected Revenue of €1,630 - 1,700 million (previously €1,320 - 1,390 million). Aankondiging • May 10
Cancom SE to Report Q1, 2023 Results on May 11, 2023 Cancom SE announced that they will report Q1, 2023 results on May 11, 2023 Aankondiging • Jan 04
Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh. Cancom SE (XTRA:COK) signed an agreement to acquire Nwc Services Gmbh on January 3, 2022. NWC Services generated around €5 million of revenue in the 2021 financial year. Aankondiging • Dec 03
Cancom SE to Report Fiscal Year 2022 Results on Mar 30, 2023 Cancom SE announced that they will report fiscal year 2022 results on Mar 30, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.27 (vs €0.29 in 3Q 2021) Third quarter 2022 results: EPS: €0.27 (down from €0.29 in 3Q 2021). Revenue: €335.8m (up 11% from 3Q 2021). Net income: €9.40m (down 15% from 3Q 2021). Profit margin: 2.8% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: €0.27 (vs €0.29 in 3Q 2021) Third quarter 2022 results: EPS: €0.27 (down from €0.29 in 3Q 2021). Revenue: €335.8m (up 11% from 3Q 2021). Net income: €9.40m (down 15% from 3Q 2021). Profit margin: 2.8% (down from 3.6% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: €0.26 (vs €0.29 in 2Q 2021) Second quarter 2022 results: EPS: €0.26 (down from €0.29 in 2Q 2021). Revenue: €300.6m (down 1.5% from 2Q 2021). Net income: €9.22m (down 18% from 2Q 2021). Profit margin: 3.1% (down from 3.7% in 2Q 2021). Over the next year, revenue is forecast to grow 12% compared to a 8.2% decline forecast for the IT industry in Austria. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Aankondiging • Jul 16
Cancom SE (XTRA:COK) signed an agreement to acquire S&L Group Of Companies. Cancom SE (XTRA:COK) signed an agreement to acquire S&L Group Of Companies on July 13, 2022. The acquisition includes 100% shares in S&L Systemhaus GmbH, S&L BusinessSolutions GmbH and S&L ITcompliance GmbH, the operating subsidiaries of the S&L Group. S&L Group generated revenue of approximately €15 million in the financial year 2021. Employees of S&L Group will join the Cancom Group. Aankondiging • Jul 06
Cancom Se Announces CEO Changes Cancom SE announced that the Chief Executive Officer of CANCOM SE, Mr. Rudolf Hotter, has agreed at his own request and in the best possible agreement with the Supervisory Board to terminate his mandate as Executive Board member and CEO of the company prematurely on 31 October 2022. His appointment would have ended on 31 December 2024. In order to ensure a smooth handover, Mr. Hotter will be available to the company in an advisory capacity outside the Executive Board for a transitional period of 12 months. As Mr. Hotter's successor, the Supervisory Board appointed Executive Board member Rüdiger Rath, previously Chief Operating Officer (COO), as Chief Executive Officer with effect from 1 November 2022. Aankondiging • Jun 30
CANCOM SE Approves to Increase Dividend CANCOM SE at its Annual General Meeting held on 28 June 2022 approved to increase the dividend to EUR 1.00 per no-par value share entitled to dividend. Upcoming Dividend • Jun 22
Upcoming dividend of €1.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 01 July 2022. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Austrian dividend payers (5.1%). Higher than average of industry peers (2.1%). Buying Opportunity • Jun 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be €47.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings is also forecast to grow by 15% per annum over the same time period. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: €0.30 (vs €0.26 in 1Q 2021) First quarter 2022 results: EPS: €0.30 (up from €0.26 in 1Q 2021). Revenue: €307.2m (down 18% from 1Q 2021). Net income: €11.3m (up 12% from 1Q 2021). Profit margin: 3.7% (up from 2.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 10% while the industry in Austria is not expected to grow. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Aankondiging • May 13
Cancom SE Revises Earnings Guidance for the Year 2022 Cancom SE revised earnings guidance for the year 2022. The Executive Board of CANCOM SE adjusted the forecast for the CANCOM Group on 3 May 2022. It now expects a significant increase in Group revenue and Group gross profit in the financial year 2022, as well as a significant increase in Group EBITDA and Group EBITA. For the Cloud Solutions segment, the Executive Board also expects significant growth in revenue and EBITDA. Buying Opportunity • May 06
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 33%. The fair value is estimated to be €50.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 9.6%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: €1.17 (vs €1.60 in FY 2020) Full year 2021 results: EPS: €1.17 (down from €1.60 in FY 2020). Revenue: €1.32b (down 20% from FY 2020). Net income: €44.8m (down 27% from FY 2020). Profit margin: 3.4% (down from 3.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.5% compared to a 2.1% decline forecast for the industry in Austria. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS €0.29 (vs €0.65 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €305.3m (down 23% from 3Q 2020). Net income: €11.0m (down 56% from 3Q 2020). Profit margin: 3.6% (down from 6.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS €0.31 (vs €0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €344.0m (up 18% from 2Q 2020). Net income: €12.0m (up 56% from 2Q 2020). Profit margin: 3.5% (up from 2.6% in 2Q 2020). 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 9% per year. Upcoming Dividend • Jun 24
Upcoming dividend of €0.75 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 02 July 2021. Trailing yield: 1.5%. Lower than top quartile of Austrian dividend payers (3.2%). Lower than average of industry peers (1.7%). Reported Earnings • May 17
First quarter 2021 earnings released: EPS €0.26 (vs €0.23 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €374.2m (up 7.9% from 1Q 2020). Net income: €10.1m (up 16% from 1Q 2020). Profit margin: 2.7% (up from 2.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Aankondiging • May 14
Cancom SE Reaffirms Earnings Guidance for the Year 2021 Cancom SE provided that the forecast for the CANCOM Group's financial year 2021 therefore remains unchanged: Significant growth in Group revenue, Group gross profit and Group EBITDA. Very significant growth in Group EBITA. Aankondiging • Mar 04
CANCOM Group Secures Attractive Framework Agreement with EU institution eu-LISA CANCOM Group announced that as part of the international ecos consortium, the CANCOM Group has won an attractive framework contract with the EU institution eu-LISA. The framework agreement has a maximum term of six years. CANCOM was selected for its expertise in infrastructure services and will provide server, storage & networking components and hardware equipment. In addition, CANCOM technical architects will work closely with the ecos team to design, test and deploy all stack infrastructure solutions, including software through to virtualization. CANCOM's international focus will enable the provision of services required for the project at various locations of eu-LISA and the cooperating institution in France, Poland and Austria. The maximum total value is around 440 million euros for the consortium as a whole, with CANCOM's share amounting to 110 to 120 million euros. Currently, the necessary resources are being put in place so that activities can probably start before the end of the first quarter of 2021. Is New 90 Day High Low • Feb 05
New 90-day high: €52.30 The company is up 37% from its price of €38.22 on 06 November 2020. The Austrian market is up 35% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €54.50 per share. Is New 90 Day High Low • Jan 20
New 90-day high: €47.38 The company is up 18% from its price of €40.02 on 22 October 2020. The Austrian market is up 35% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.68 per share. Aankondiging • Jan 06
Cancom SE (XTRA:COK) completed the acquisition of Anders & Rodewyk Das Systemhaus Fur Computertechnologien Gmbh. Cancom SE (XTRA:COK) agreed to acquire Anders & Rodewyk Das Systemhaus Fur Computertechnologien Gmbh on December 14, 2020. Anders & Rodewyk generates annual sales of €27 million with an EBITDA of €2.4 million. The Founders and shareholders of Anders & Rodewyk - Bernward Anders and Jens Rodewyk - become part of CANCOM. Founders remain operationally responsible for the Hanover location. The transaction is still subject to the approval of the antitrust authorities.
Cancom SE (XTRA:COK) completed the acquisition of Anders & Rodewyk Das Systemhaus Fur Computertechnologien Gmbh on January 4, 2020. Ebner Stolz Gmbh & Co. Kg provided financial and tax due diligence to Cancom. Is New 90 Day High Low • Jan 05
New 90-day high: €47.20 The company is up 9.0% from its price of €43.18 on 07 October 2020. The Austrian market is up 27% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €51.71 per share. Aankondiging • Dec 13
Cancom SE, Annual General Meeting, Jun 29, 2021 Cancom SE, Annual General Meeting, Jun 29, 2021. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue misses expectations Revenue missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 7.3% compared to a 2.4% decline forecast for the IT industry in Austria. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS €0.65 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €396.9m (up 3.0% from 3Q 2019). Net income: €25.1m (up 45% from 3Q 2019). Profit margin: 6.3% (up from 4.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 15% share price decline to €33.74, the stock is trading at a trailing P/E ratio of 42.6x, down from the previous P/E ratio of 50.2x. This compares to an average P/E of 21x in the IT industry in Europe. Total returns to shareholders over the past three years are 10%. Is New 90 Day High Low • Oct 19
New 90-day low: €42.86 The company is down 15% from its price of €50.65 on 21 July 2020. The Austrian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.39 per share. Is New 90 Day High Low • Oct 02
New 90-day low: €43.48 The company is down 10.0% from its price of €48.14 on 26 June 2020. The Austrian market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €43.86 per share. Aankondiging • Jun 19
Cancom SE to Report First Half, 2020 Results on Aug 13, 2020 Cancom SE announced that they will report first half, 2020 results on Aug 13, 2020