Countplus Limited, together with its subsidiaries, provides accounting, business advisory, and financial planning services in Australia.
Excellent balance sheet and fair value.
Share Price & News
How has Countplus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CUP's share price has been volatile over the past 3 months.
7 Day Return
AU Professional Services
1 Year Return
AU Professional Services
Return vs Industry: CUP exceeded the Australian Professional Services industry which returned -5.4% over the past year.
Return vs Market: CUP exceeded the Australian Market which returned -10.6% over the past year.
Price Volatility Vs. Market
How volatile is Countplus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Type Of Shareholder Owns Countplus Limited's (ASX:CUP)?
3 weeks ago | Simply Wall StHere's Why We Don't Think Countplus's (ASX:CUP) Statutory Earnings Reflect Its Underlying Earnings Potential
1 month ago | Simply Wall StHow Do Countplus Limited’s (ASX:CUP) Returns Compare To Its Industry?
Is Countplus undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CUP (A$1.04) is trading above our estimate of fair value (A$0.43)
Significantly Below Fair Value: CUP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CUP is good value based on its PE Ratio (9x) compared to the Professional Services industry average (14.3x).
PE vs Market: CUP is good value based on its PE Ratio (9x) compared to the Australian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CUP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CUP is good value based on its PB Ratio (1.7x) compared to the AU Professional Services industry average (1.9x).
How is Countplus forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Countplus has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Countplus is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Countplus competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Countplus performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUP has a high level of non-cash earnings.
Growing Profit Margin: CUP's current net profit margins (17.9%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: CUP's earnings have declined by -22.7% per year over the past 5 years.
Accelerating Growth: CUP's earnings growth over the past year (131.1%) exceeds its 5-year average (-22.7% per year).
Earnings vs Industry: CUP earnings growth over the past year (131.1%) exceeded the Professional Services industry 12%.
Return on Equity
High ROE: CUP's Return on Equity (18.3%) is considered low.
How is Countplus's financial position?
Financial Position Analysis
Short Term Liabilities: CUP's short term assets (A$192.7M) exceed its short term liabilities (A$175.8M).
Long Term Liabilities: CUP's short term assets (A$192.7M) exceed its long term liabilities (A$34.4M).
Debt to Equity History and Analysis
Debt Level: CUP's debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: CUP's debt to equity ratio has reduced from 45.1% to 7.2% over the past 5 years.
Debt Coverage: CUP's debt is well covered by operating cash flow (73.1%).
Interest Coverage: CUP's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Countplus's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CUP's dividend (2.4%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.68%).
High Dividend: CUP's dividend (2.4%) is low compared to the top 25% of dividend payers in the Australian market (6.6%).
Stability and Growth of Payments
Stable Dividend: CUP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CUP has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.4%), CUP's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Matthew Rowe has been the Chief Executive Officer and Managing Director of Countplus Limited since February 24, 2017. Mr. Rowe served as the Managing Director at Hood Sweeney Pty Ltd. and Hood Sweeney ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD252.41K).
Compensation vs Earnings: Matthew's compensation has increased by more than 20% in the past year.
|CEO, MD & Director||3.25yrs||AU$724.90k||1.34% A$1.5m|
|CFO & Alternate Company Secretary||2.33yrs||AU$338.86k||0.018% A$20.5k|
|Chief Operating Officer||no data||no data||0.0075% A$8.5k|
|Joint Company Secretary & General Counsel||no data||no data||no data|
|Joint Company Secretary||0.083yr||no data||no data|
Experienced Management: CUP's management team is considered experienced (2.3 years average tenure).
|CEO, MD & Director||3.25yrs||AU$724.90k||1.34% A$1.5m|
|Independent Non-Executive Director||2.42yrs||AU$41.06k||0.0090% A$10.3k|
|Non-Executive Chairman||3.08yrs||AU$100.00k||0.82% A$929.7k|
|Independent Non-Executive Director||3.58yrs||AU$71.18k||0.0090% A$10.3k|
|Independent Non-Executive Director||2.92yrs||AU$71.18k||0.18% A$205.0k|
Experienced Board: CUP's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CUP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Countplus Limited's company bio, employee growth, exchange listings and data sources
- Name: Countplus Limited
- Ticker: CUP
- Exchange: ASX
- Founded: 2006
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: AU$113.660m
- Shares outstanding: 110.89m
- Website: https://www.countplus.com.au
Number of Employees
- Countplus Limited
- 1 Chifley Square
- Level 8
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUP||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
|CUP||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2010|
Countplus Limited, together with its subsidiaries, provides accounting, business advisory, and financial planning services in Australia. The company operates through Accounting, Financial Services, and Other segments. It offers tax, assurance, audit, and corporate advisory services; financial advice related to personal insurance, investment, and superannuation; loans commission, and leasing commission services; and information technology, legal, conference, and insurance services. The company was founded in 2006 and is based in Sydney, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 10:39|
|End of Day Share Price||2020/05/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.