CommsChoice Group Limited engages in the information and communication technology (ICT) business. More Details
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
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.
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
3 weeks ago | Simply Wall StAre CommsChoice Group's (ASX:CCG) Statutory Earnings A Good Reflection Of Its Earnings Potential?
3 months ago | Simply Wall StCould The CommsChoice Group Limited (ASX:CCG) Ownership Structure Tell Us Something Useful?
4 months ago | Simply Wall StInvestors Who Bought CommsChoice Group (ASX:CCG) Shares A Year Ago Are Now Down 11%
Is CommsChoice Group undervalued compared to its fair value and its price relative to the market?
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).
How is CommsChoice Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether CommsChoice Group 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.
- CommsChoice Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has CommsChoice Group performed over the past 5 years?
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.
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$2.0M).
Debt to Equity History and Analysis
Debt Level: CCG is debt free.
Reducing Debt: CCG currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: CCG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CCG has no debt, therefore coverage of interest payments is not a concern.
What is CommsChoice Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CCG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CCG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CCG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CCG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CCG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Peter J. McGrath serves as Group Chief Executive Officer at CommsChoice Group since May 2020. He serves as Managing Director at CommsChoice Group since April 18, 2019 and its Executive Director since O ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($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.
|Group CEO||1.42yrs||AU$397.01k||5.2% |
|Chief Financial Officer||1.08yrs||AU$140.39k||0.32% |
|Executive General Manager of Operations||0.67yr||no data||no data|
|Executive GM & Head of Corporate Sales||0.58yr||no data||no data|
|Company Secretary||2.92yrs||no data||no data|
Experienced Management: CCG's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|Group CEO||1.42yrs||AU$397.01k||5.2% |
|Independent Non-Executive Chairman||2.92yrs||AU$93.52k||0.73% |
|Non-Executive Director||2.92yrs||AU$11.55k||7.36% |
|Independent Non-Executive Director||1yr||AU$22.50k||0.0043% |
Experienced Board: CCG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
CommsChoice Group Limited's company bio, employee growth, exchange listings and data sources
- 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
- CommsChoice Group Limited
- 56 Clarence Street
- Level 6
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCG||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2017|
|CCG||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2017|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/19 19:08|
|End of Day Share Price||2020/09/18 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.