ASX:CCG

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CommsChoice Group

Executive Summary

CommsChoice Group Limited engages in the information and communication technology (ICT) business. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has CommsChoice Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

18.5%

CCG

2.8%

AU IT

0.5%

AU Market


1 Year Return

65.5%

CCG

47.3%

AU IT

-11.6%

AU Market

Return vs Industry: CCG exceeded the Australian IT industry which returned 47.4% over the past year.

Return vs Market: CCG exceeded the Australian Market which returned -12.3% over the past year.


Shareholder returns

CCGIndustryMarket
7 Day18.5%2.8%0.5%
30 Day5.5%-5.5%-3.2%
90 Day47.7%13.3%1.1%
1 Year65.5%65.5%49.3%47.3%-8.3%-11.6%
3 Yearn/a147.6%132.9%17.1%2.1%
5 Yearn/a149.3%121.5%44.8%14.3%

Price Volatility Vs. Market

How volatile is CommsChoice Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CommsChoice Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CCG (A$0.1) is trading below our estimate of fair value (A$0.21)

Significantly Below Fair Value: CCG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CCG is good value based on its PE Ratio (6.9x) compared to the AU IT industry average (18.2x).

PE vs Market: CCG is good value based on its PE Ratio (6.9x) compared to the Australian market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CCG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCG is good value based on its PB Ratio (1.3x) compared to the AU IT industry average (3x).


Next Steps

Future Growth

How is CommsChoice Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.7%

Forecasted Software 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 CommsChoice Group 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.


Next Steps

Past Performance

How has CommsChoice Group performed over the past 5 years?

-34.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCG has high quality earnings.

Growing Profit Margin: CCG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CCG has become profitable over the past 5 years, growing earnings by -34.2% per year.

Accelerating Growth: CCG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CCG has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (-10.7%).


Return on Equity

High ROE: CCG's Return on Equity (18.4%) is considered low.


Next Steps

Financial Health

How is CommsChoice Group's financial position?


Financial Position Analysis

Short Term Liabilities: CCG's short term assets (A$4.8M) exceed its short term liabilities (A$3.9M).

Long Term Liabilities: CCG's short term assets (A$4.8M) exceed its long term liabilities (A$2.0M).


Debt to Equity History and Analysis

Debt Level: CCG is debt free.

Reducing Debt: CCG currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: CCG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CCG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CCG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Peter McGrath

1.42yrs

Tenure

AU$397,011

Compensation

Mr. Peter J. McGrath serves as Group Chief Executive Officer at CommsChoice Group since May 2020. He serves as Managing Director at CommsChoice Group since April 18, 2019 and its Executive Director since O ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD289.77K) is about average for companies of similar size in the Australian market ($USD279.45K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Peter McGrath
Group CEO1.42yrsAU$397.01k5.2%
A$ 955.3k
Matthew Beale
Chief Financial Officer1.08yrsAU$140.39k0.32%
A$ 59.7k
Steven Cherry
Executive General Manager of Operations0.67yrno datano data
Adrian Luciano
Executive GM & Head of Corporate Sales0.58yrno datano data
Andrew Metcalfe
Company Secretary2.92yrsno datano data

1.1yrs

Average Tenure

Experienced Management: CCG's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter McGrath
Group CEO1.42yrsAU$397.01k5.2%
A$ 955.3k
John Mackay
Independent Non-Executive Chairman2.92yrsAU$93.52k0.73%
A$ 135.0k
Benjamen Jennings
Non-Executive Director2.92yrsAU$11.55k7.36%
A$ 1.4m
Claire Bibby
Independent Non-Executive Director1yrAU$22.50k0.0043%
A$ 799.3

2.9yrs

Average Tenure

Experienced Board: CCG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

CommsChoice Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CommsChoice Group Limited
  • Ticker: CCG
  • Exchange: ASX
  • Founded: 2017
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: AU$18.374m
  • Shares outstanding: 191.39m
  • Website: https://www.commschoice.com

Number of Employees


Location

  • CommsChoice Group Limited
  • 56 Clarence Street
  • Level 6
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCGCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2017
CCGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2017

Biography

CommsChoice Group Limited engages in the information and communication technology (ICT) business. The company provides hosted voice, data, enterprise networks, and cloud-based communication and communicati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 19:08
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.