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CommsChoice Group

ASX:CCG
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CCG
ASX
A$9M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

CommsChoice Group Limited engages in the information and communication technology (ICT) business in Australia, New Zealand, and Singapore. The last earnings update was 85 days ago. More info.


Add to Portfolio Compare Print
  • CommsChoice Group has significant price volatility in the past 3 months.
CCG Share Price and Events
7 Day Returns
-4%
ASX:CCG
-3.1%
AU IT
4%
AU Market
1 Year Returns
-57.6%
ASX:CCG
21.1%
AU IT
5.2%
AU Market
CCG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CommsChoice Group (CCG) -4% -16.3% 10.8% -57.6% - -
AU IT -3.1% 0% 7.9% 21.1% 46.1% 43.7%
AU Market 4% 3.5% 5.9% 5.2% 21.7% 9.6%
1 Year Return vs Industry and Market
  • CCG underperformed the IT industry which returned 21.1% over the past year.
  • CCG underperformed the Market in Australia which returned 5.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

CCG Value

 Is CommsChoice Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CommsChoice Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CommsChoice Group.

ASX:CCG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:CCG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.049 (1 + (1- 30%) (0.33%))
1.035
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.035 * 5.96%)
8.48%

Discounted Cash Flow Calculation for ASX:CCG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CommsChoice Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:CCG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.48%)
2019 0.00 Analyst x1 0.00
2020 1.40 Analyst x1 1.19
2021 2.00 Analyst x1 1.57
2022 2.51 Est @ 25.42% 1.81
2023 2.97 Est @ 18.48% 1.98
2024 3.38 Est @ 13.63% 2.07
2025 3.72 Est @ 10.24% 2.11
2026 4.02 Est @ 7.86% 2.09
2027 4.26 Est @ 6.2% 2.05
2028 4.48 Est @ 5.03% 1.98
Present value of next 10 years cash flows A$16.85
ASX:CCG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$4.48 × (1 + 2.31%) ÷ (8.48% – 2.31%)
A$74.31
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$74.31 ÷ (1 + 8.48%)10
A$32.93
ASX:CCG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$16.85 + A$32.93
A$49.78
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$49.78 / 119.78
A$0.42
ASX:CCG Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.42
Current discount Discount to share price of A$0.07
= -1 x (A$0.07 - A$0.42) / A$0.42
82.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CommsChoice Group is available for.
Intrinsic value
>50%
Share price is A$0.072 vs Future cash flow value of A$0.41562
Current Discount Checks
For CommsChoice Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CommsChoice Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CommsChoice Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CommsChoice Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CommsChoice Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CCG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.01
ASX:CCG Share Price ** ASX (2019-05-21) in AUD A$0.07
Australia IT Industry PE Ratio Median Figure of 16 Publicly-Listed IT Companies 15.5x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 15.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CommsChoice Group.

ASX:CCG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CCG Share Price ÷ EPS (both in AUD)

= 0.07 ÷ -0.01

-5.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CommsChoice Group is loss making, we can't compare its value to the AU IT industry average.
  • CommsChoice Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does CommsChoice Group's expected growth come at a high price?
Raw Data
ASX:CCG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
110.3%per year
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.09x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CommsChoice Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CommsChoice Group's assets?
Raw Data
ASX:CCG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.25
ASX:CCG Share Price * ASX (2019-05-21) in AUD A$0.07
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.53x
Australia Market PB Ratio Median Figure of 1,678 Publicly-Listed Companies 1.63x
ASX:CCG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CCG Share Price ÷ Book Value per Share (both in AUD)

= 0.07 ÷ 0.25

0.29x

* Primary Listing of CommsChoice Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CommsChoice Group is good value based on assets compared to the AU IT industry average.
X
Value checks
We assess CommsChoice Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. CommsChoice Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CCG Future Performance

 How is CommsChoice Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
110.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CommsChoice Group expected to grow at an attractive rate?
  • CommsChoice Group's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • CommsChoice Group's earnings growth is expected to exceed the Australia market average.
  • CommsChoice Group's revenue growth is expected to exceed the Australia market average.
Annual Growth Rates Comparison
Raw Data
ASX:CCG Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:CCG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 110.3%
ASX:CCG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 11.4%
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 29.8%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 14.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CCG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CCG Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 27 3 1 1
2020-06-30 25 2 0 1
2019-06-30 23 1 0 1
ASX:CCG Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 20 -1 -1
2018-09-30 15 -1 -3
2018-06-30 10 -1 -4
2017-06-30 1 -2
2016-06-30 13 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CommsChoice Group's earnings are expected to grow significantly at over 20% yearly.
  • CommsChoice Group's revenue is expected to grow by 11.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CCG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from CommsChoice Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CCG Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.01 0.01 0.01 1.00
2020-06-30 0.00 0.00 0.00 1.00
2019-06-30 0.00 0.00 0.00 1.00
ASX:CCG Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.03
2018-06-30 -0.07
2017-06-30
2016-06-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • CommsChoice Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess CommsChoice Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CommsChoice Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CCG Past Performance

  How has CommsChoice Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CommsChoice Group's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CommsChoice Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CommsChoice Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CommsChoice Group's 1-year growth to the AU IT industry average as it is not currently profitable.
Earnings and Revenue History
CommsChoice Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CommsChoice Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CCG Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 20.19 -1.50 1.25
2018-09-30 15.33 -2.79 2.11
2018-06-30 10.47 -4.08 2.98
2017-06-30 -2.30 2.30
2016-06-30 12.73 0.77 2.02
2015-06-30 10.00 0.01 1.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CommsChoice Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CommsChoice Group has efficiently used its assets last year compared to the AU IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CommsChoice Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CommsChoice Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CommsChoice Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CCG Health

 How is CommsChoice Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CommsChoice Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CommsChoice Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • CommsChoice Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CommsChoice Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 125.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CommsChoice Group Company Filings, last reported 4 months ago.

ASX:CCG Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 27.47 0.03 1.26
2018-09-30 27.47 0.03 1.26
2018-06-30 28.21 0.03 1.71
2017-06-30 -0.19 0.00 0.00
2016-06-30 -0.86 0.84 0.04
2015-06-30 -0.38 0.79 0.03
  • CommsChoice Group's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if CommsChoice Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • CommsChoice Group has less than a year of cash runway based on current free cash flow.
  • CommsChoice Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 84.5% each year.
X
Financial health checks
We assess CommsChoice Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CommsChoice Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CCG Dividends

 What is CommsChoice Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CommsChoice Group dividends. Estimated to be 1.39% next year.
If you bought A$2,000 of CommsChoice Group shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CommsChoice Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CommsChoice Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CCG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ASX:CCG Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.00 1.00
2020-06-30 0.00 1.00
2019-06-30 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CommsChoice Group has not reported any payouts.
  • Unable to verify if CommsChoice Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CommsChoice Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CommsChoice Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of CommsChoice Group's dividends in 3 years as they are not expected to pay a notable one for Australia.
X
Income/ dividend checks
We assess CommsChoice Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CommsChoice Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CommsChoice Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CCG Management

 What is the CEO of CommsChoice Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter McGrath
COMPENSATION A$29,964
TENURE AS CEO 0.1 years
CEO Bio

Mr. Peter J. McGrath serves as Chief Executive Officer at CommsChoice Group since 2019 and had been its Interim Chief Executive Officer since April 18, 2019 until 2019 and serves as its Managing Director Limited since April 18, 2019 and its Non-Executive Director since October 11, 2017. He served as the Chief Executive Officer of Nextgen Group Holdings Pty Ltd. Mr. McGrath served as an Executive General Manager of Telecommunications of Leighton Contractors Pty Limited. He served as Managing Director for Leighton Telecommunications Division at Visionstream Pty Ltd. since 2009. He served as Chief Executive Officer of Uecomm Ltd. As the Executive General Manager of Leighton Contractors’ Telecommunications Division and Managing Director of Visionstream, he leads one of the fastest growing areas of the business. His growing group is responsible for the integrity and effective operation of the nation’s third largest fibre optic network, constructs and maintains telecommunications infrastructure and provides data centre and IT service solutions to large organisations. With decades of telecommunications experience, Mr. McGrath has a detailed understanding of the industry and strong relationships with both government and clients. Prior to joining Leighton Contractors, Mr. McGrath served as Chief Executive Officer of Uecomm Pty Ltd. where he implemented a restructure and change in strategy, concentrating on the corporate and government sectors. Through these actions, Mr. McGrath oversaw a significant increase in revenue and profits, resulting in Uecomm’s acquisition by Singtel Optus. Prior to this, Mr. McGrath served as Chief Operating Officer of Connect Internet Services, one of the largest commercial and wholesale ISPs in Australia at the time. He has extensive experience in the Telecommunications sector, Mr. McGrath has held significant roles in investment banking and corporate advisory services working with UBS Warburg and later ANZ Investment Bank as their head of advisory for the IT&T sector. He served as a Director of Nextgen Networks Pty Limited. Mr. McGrath holds an MBA (Distinction) from Melbourne Business School, Melbourne University and a Bachelor of Engineering Degree in Communications from RMIT University.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Peter's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the CommsChoice Group management team in years:

1.1
Average Tenure
  • The average tenure for the CommsChoice Group management team is less than 2 years, this suggests a new team.
Management Team

Peter McGrath

TITLE
CEO, MD & Non-Executive Director
COMPENSATION
A$30K
TENURE
0.1 yrs

Patrick Harsas

TITLE
Chief Financial Officer
COMPENSATION
A$221K
TENURE
1.6 yrs

Grant Ellison

TITLE
Executive GM of Strategic Business Development & Executive Director
COMPENSATION
A$116K

Steven Cherry

TITLE
Executive General Manager of Operations

Piers Tyler

TITLE
Executive General Manager of Sales & Marketing
TENURE
1.1 yrs

Andrew Metcalfe

TITLE
Company Secretary
Board of Directors Tenure

Average tenure of the CommsChoice Group board of directors in years:

1.6
Average Tenure
  • The average tenure for the CommsChoice Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Mackay

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$37K
AGE
67

Peter McGrath

TITLE
CEO, MD & Non-Executive Director
COMPENSATION
A$30K
TENURE
1.6 yrs

Grant Ellison

TITLE
Executive GM of Strategic Business Development & Executive Director
COMPENSATION
A$116K
TENURE
1.6 yrs

Ben Jennings

TITLE
Non-Executive Director
TENURE
1.6 yrs

Stephen Bell

TITLE
Non-Executive Director
COMPENSATION
A$10K
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
13. Mar 19 Buy Ben Jennings Individual 05. Jun 18 08. Jun 18 78,000 A$0.18 A$13,412
X
Management checks
We assess CommsChoice Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CommsChoice Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CCG News

Simply Wall St News

Introducing CommsChoice Group (ASX:CCG), The Stock That Dropped 44% In The Last Year

Given that CommsChoice Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … In the last year CommsChoice Group saw its revenue grow by 83%.

Simply Wall St -

Do Institutions Own CommsChoice Group Limited (ASX:CCG) Shares?

The big shareholder groups in CommsChoice Group Limited (ASX:CCG) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … CommsChoice Group is a smaller company with a market capitalization of AU$7.5m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Reasons Why I Like CommsChoice Group Limited (ASX:CCG)

CommsChoice Group Limited (ASX:CCG) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … Below, I've touched on some key aspects you should know on a high level.

Simply Wall St -

Does CommsChoice Group Limited's (ASX:CCG) 42.69% Earnings Growth Reflect The Long-Term Trend?

After reading CommsChoice Group Limited's (ASX:CCG) latest earnings update (30 June 2017), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … Check out our latest analysis for CommsChoice Group How Did CCG's Recent Performance Stack Up Against Its Past? … Since these values may be somewhat short-term, I have determined an annualized five-year value for CCG's earnings, which stands at AU$629.33K This suggests that, on average, CommsChoice Group has been able to steadily improve its earnings over the last couple of years as well.

Simply Wall St -

Who Really Owns CommsChoice Group Limited (ASX:CCG)?

View our latest analysis for CommsChoice Group ASX:CCG Ownership_summary Mar 17th 18 Institutional Ownership Institutional investors typically buy and sell shares in large magnitudes which can significantly sway the share price, especially when there are relatively small amounts of shares available on the market to trade. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in CCG is not at a level that would concern investors.

Simply Wall St -

CCG Company Info

Description

CommsChoice Group Limited engages in the information and communication technology (ICT) business in Australia, New Zealand, and Singapore. The company provides hosted voice, data, enterprise networks, and cloud-based communication and communication enablement services to business customers. It offers SD-WAN technology that allows to replace expensive carrier-controlled MPLS networks with a public Internet-based solution; managed mobility services; Public Cloud Connect for any business that requires network access to connect to public cloud platforms; and enterprise-grade wireless LAN (WiFi) services. The company also provides global PBX, SIP trunking, wholesale voice, and voice and Web conferencing services; and managed, cloud firewall, architect, and delivering services. The company was incorporated in 2017 and is headquartered in Sydney, Australia.

Details
Name: CommsChoice Group Limited
CCG
Exchange: ASX
Founded: 2017
A$8,624,235
119,781,042
Website: http://www.commschoice.com
Address: CommsChoice Group Limited
89 York Street,
Level 10,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CCG Ordinary Shares Australian Securities Exchange AU AUD 21. Dec 2017
Number of employees
Current staff
Staff numbers
49
CommsChoice Group employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 10:39
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/03/29
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.