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CPT Global

ASX:CGO
Snowflake Description

Undervalued with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGO
ASX
A$7M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

CPT Global Limited provides information technology (IT) consultancy services to the financial services and telecommunications industries in Australia, Europe, and North America. The last earnings update was 111 days ago. More info.


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  • CPT Global has significant price volatility in the past 3 months.
CGO Share Price and Events
7 Day Returns
8.8%
ASX:CGO
-2.4%
AU IT
1.7%
AU Market
1 Year Returns
54.2%
ASX:CGO
11.5%
AU IT
5.4%
AU Market
CGO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CPT Global (CGO) 8.8% 32.1% 54.2% 54.2% -33.9% -74.3%
AU IT -2.4% -7.8% -2.2% 11.5% 44.1% 50.2%
AU Market 1.7% 2.8% 5.5% 5.4% 25% 12.3%
1 Year Return vs Industry and Market
  • CGO outperformed the IT industry which returned 11.5% over the past year.
  • CGO outperformed the Market in Australia which returned 5.4% over the past year.
Price Volatility
CGO
Industry
5yr Volatility vs Market

Value

 Is CPT Global 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 CPT Global 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 CPT Global.

ASX:CGO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9%
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:CGO
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 1.01
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.011 (1 + (1- 30%) (22.39%))
1.114
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.114 * 5.96%)
8.95%

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

The calculations below outline how an intrinsic value for CPT Global 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:CGO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.95%)
2019 1.52 Est @ 43.86% 1.40
2020 2.00 Est @ 31.4% 1.68
2021 2.45 Est @ 22.67% 1.90
2022 2.86 Est @ 16.56% 2.03
2023 3.21 Est @ 12.29% 2.09
2024 3.51 Est @ 9.3% 2.10
2025 3.76 Est @ 7.2% 2.06
2026 3.97 Est @ 5.73% 2.00
2027 4.16 Est @ 4.71% 1.92
2028 4.33 Est @ 3.99% 1.84
Present value of next 10 years cash flows A$19.02
ASX:CGO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$4.33 × (1 + 2.31%) ÷ (8.95% – 2.31%)
A$66.70
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$66.70 ÷ (1 + 8.95%)10
A$28.30
ASX:CGO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$19.02 + A$28.30
A$47.32
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$47.32 / 37.82
A$1.25
ASX:CGO Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$1.25
Current discount Discount to share price of A$0.19
= -1 x (A$0.19 - A$1.25) / A$1.25
85.2%

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

Current Discount
Amount off the current price CPT Global is available for.
Intrinsic value
>50%
Share price is A$0.19 vs Future cash flow value of A$1.25
Current Discount Checks
For CPT Global to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CPT Global's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CPT Global'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 CPT Global's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CPT Global's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CGO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.03
ASX:CGO Share Price ** ASX (2019-06-14) in AUD A$0.19
Australia IT Industry PE Ratio Median Figure of 17 Publicly-Listed IT Companies 15.99x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.2x

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

** Primary Listing of CPT Global.

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

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

= 0.19 ÷ 0.03

6.71x

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

  • CPT Global is good value based on earnings compared to the AU IT industry average.
  • CPT Global is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does CPT Global's expected growth come at a high price?
Raw Data
ASX:CGO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia IT Industry PEG Ratio Median Figure of 12 Publicly-Listed IT Companies 1.18x
Australia Market PEG Ratio Median Figure of 357 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 CPT Global, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CPT Global's assets?
Raw Data
ASX:CGO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.15
ASX:CGO Share Price * ASX (2019-06-14) in AUD A$0.19
Australia IT Industry PB Ratio Median Figure of 32 Publicly-Listed IT Companies 2.58x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:CGO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.19 ÷ 0.15

1.21x

* Primary Listing of CPT Global.

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

  • CPT Global is good value based on assets compared to the AU IT industry average.
X
Value checks
We assess CPT Global'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. CPT Global has a total score of 5/6, 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.

Future Performance

 How is CPT Global expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 CPT Global 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
25.7%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CPT Global expected to grow at an attractive rate?
  • Unable to compare CPT Global's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CPT Global's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare CPT Global's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CGO Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia IT Industry Earnings Growth Rate Market Cap Weighted Average 25.7%
Australia IT Industry Revenue Growth Rate Market Cap Weighted Average 16%
Australia Market Earnings Growth Rate Market Cap Weighted Average 6.9%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*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:CGO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CGO Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ASX:CGO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 31 1 1
2018-09-30 31 1 1
2018-06-30 31 1 1
2018-03-31 29 -1 0
2017-12-31 28 -2 -1
2017-09-30 27 -2 -1
2017-06-30 27 -2 -1
2017-03-31 29 -2
2016-12-31 30 0 -2
2016-09-30 30 1 -3
2016-06-30 29 2 -4
2016-03-31 27 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CPT Global is high growth as no earnings estimate data is available.
  • Unable to determine if CPT Global is high growth as no revenue estimate data is available.
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:CGO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CPT Global Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CGO Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ASX:CGO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.03
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.00
2017-12-31
2017-09-30
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.05
2016-09-30 -0.08
2016-06-30 -0.11
2016-03-31 -0.15

*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.
  • Unable to establish if CPT Global will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether CPT Global is trading at CPT Global'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. CPT Global's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. CPT Global's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess CPT Global'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.
CPT Global has a total score of 0/6, 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.

Past Performance

  How has CPT Global 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 CPT Global'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.
  • CPT Global's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • CPT Global has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • CPT Global has become profitable in the last year making it difficult to compare the AU IT industry average.
Earnings and Revenue History
CPT Global'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 CPT Global Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CGO 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 31.21 1.03 23.16
2018-09-30 31.12 0.91 23.40
2018-06-30 31.03 0.78 23.65
2018-03-31 29.43 -0.19 23.22
2017-12-31 27.83 -1.15 22.79
2017-09-30 27.50 -1.31 22.55
2017-06-30 27.16 -1.47 22.31
2017-03-31 28.76 -1.59 22.90
2016-12-31 30.35 -1.72 23.48
2016-09-30 29.55 -2.81 23.58
2016-06-30 28.75 -3.91 23.69
2016-03-31 27.28 -5.57 23.45
2015-12-31 25.80 -7.23 23.21
2015-09-30 26.93 -6.14 23.38
2015-06-30 28.06 -5.06 23.54
2015-03-31 30.94 -2.41 24.76
2014-12-31 33.82 0.24 25.98
2014-09-30 36.19 1.20 26.98
2014-06-30 38.56 2.15 27.97
2014-03-31 38.35 2.54 27.74
2013-12-31 38.14 2.93 27.51
2013-09-30 36.62 1.62 27.78
2013-06-30 35.10 0.32 28.06
2013-03-31 35.49 -0.45 29.14
2012-12-31 35.88 -1.22 30.22
2012-09-30 37.67 -0.30 30.73
2012-06-30 39.46 0.61 31.25

*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.
  • CPT Global has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CPT Global used its assets more efficiently than the AU IT industry average last year based on Return on Assets.
  • CPT Global has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess CPT Global'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.
CPT Global has a total score of 2/6, 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.

Health

 How is CPT Global'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 CPT Global's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CPT Global is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CPT Global's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CPT Global'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 5.2x 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 CPT Global Company Filings, last reported 5 months ago.

ASX:CGO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5.75 1.57 2.02
2018-09-30 5.75 1.57 2.02
2018-06-30 5.45 0.54 1.44
2018-03-31 5.45 0.54 1.44
2017-12-31 4.29 2.73 1.83
2017-09-30 4.29 2.73 1.83
2017-06-30 4.63 1.64 1.66
2017-03-31 4.63 1.64 1.66
2016-12-31 5.58 1.07 2.51
2016-09-30 5.58 1.07 2.51
2016-06-30 5.88 0.91 3.03
2016-03-31 5.88 0.91 3.03
2015-12-31 6.88 1.16 2.55
2015-09-30 6.88 1.16 2.55
2015-06-30 9.39 0.87 0.46
2015-03-31 9.39 0.87 0.46
2014-12-31 13.02 0.00 2.62
2014-09-30 13.02 0.00 2.62
2014-06-30 13.84 0.00 2.42
2014-03-31 13.84 0.00 2.42
2013-12-31 14.54 0.00 3.02
2013-09-30 14.54 0.00 3.02
2013-06-30 13.04 0.00 1.20
2013-03-31 13.04 0.00 1.20
2012-12-31 11.85 0.00 0.72
2012-09-30 11.85 0.00 0.72
2012-06-30 12.90 0.02 1.11
  • CPT Global's level of debt (27.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 27.2% today).
  • Debt is well covered by operating cash flow (68.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.9x coverage).
X
Financial health checks
We assess CPT Global'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. CPT Global has a total score of 5/6, 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.

Dividends

 What is CPT Global'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
2.7%
Current annual income from CPT Global dividends.
If you bought A$2,000 of CPT Global shares you are expected to receive A$54 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?
  • CPT Global's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.65%).
  • CPT Global's dividend is below the markets top 25% of dividend payers in Australia (5.72%).
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:CGO 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 0 Analyst Estimates (S&P Global) See Below
Australia IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
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:CGO Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
ASX:CGO Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-03-07 0.005 3.883
2018-08-29 0.003 1.588
2016-03-02 0.000 0.000
2015-09-30 0.000 0.000
2015-09-01 0.000 0.000
2015-03-03 0.000 0.000
2014-09-26 0.030 4.575
2014-08-27 0.030 4.064
2014-02-24 0.060 7.720
2013-09-26 0.000 0.000
2013-08-30 0.000 0.000
2013-02-26 0.000 0.000
2012-09-26 0.000 0.000
2012-08-29 0.000 0.000
2012-03-01 0.025 5.504
2011-08-26 0.020 3.879
2011-02-23 0.030 5.032
2010-10-01 0.000 0.000
2010-08-31 0.000 0.000
2010-03-02 0.000 0.000
2010-03-01 0.000 0.000
2009-09-25 0.055 6.384
2009-08-26 0.055 6.693

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of CPT Global's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CPT Global'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 CPT Global afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CPT Global has a total score of 2/6, see the detailed checks below.


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

Management

 What is the CEO of CPT Global'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
Gerry Tuddenham
COMPENSATION A$416,157
AGE 67
TENURE AS CEO 14.6 years
CEO Bio

Mr. Gerard Francis Tuddenham, also known as Gerry, founded CPT Global Limited in 1993 and has been its Managing Director since November 9, 2004. Mr. Tuddenham served as Interim Company Secretary of CPT Global Ltd., from May 30, 2007 to July 3, 2007. He served as a Company Secretary of CPT Global Limited since September 10, 2010. He has over 30 years experience in the IT industry and a reputation for delivering practical solutions. He is a world-renowned technical specialist in the areas of performance tuning, capacity planning and testing of IBM mainframe-based systems, applications, transaction processors and middleware as well as database management systems. He has provided IT consulting services in a number of continents and across a range of industries including the financial, insurance and telecommunications sectors. He has also developed the software tools EXPETUNE and EXPETEST utilities, which are licensed to CPT. He served as an Executive Chairman of CPT Global Ltd. and serves as its Director. He serves as a Director for CPT Global Limited. Mr. Tuddenham is a Member of the Australian Institute of Company Directors.

CEO Compensation
  • Gerry's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gerry's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the CPT Global management team in years:

4.2
Average Tenure
  • The tenure for the CPT Global management team is about average.
Management Team

Gerry Tuddenham

TITLE
Founder
COMPENSATION
A$416K
AGE
67
TENURE
14.6 yrs

Grant Sincock

TITLE
CFO & Company Secretary
COMPENSATION
A$329K
TENURE
4 yrs

Luke Tuddenham

TITLE
President of the Americas & Europe
COMPENSATION
A$831K
TENURE
0.9 yrs

Ben Tuddenham

TITLE
Head of People Operations

Catherine Lockstone

TITLE
Global Head of Delivery & Operations
TENURE
4.4 yrs

Michael Lazorik

TITLE
General Manager of Cpt Global Inc. (USA)
COMPENSATION
A$191K

Kevin Akom

TITLE
General Manager of Strategic Client Relationships
COMPENSATION
A$309K
Board of Directors

Fred Grimwade

TITLE
Non-Executive Chairman
COMPENSATION
A$88K
AGE
60
TENURE
14.6 yrs

Gerry Tuddenham

TITLE
Founder
COMPENSATION
A$416K
AGE
67

Nigel Sandiford

TITLE
Non-Executive Director
TENURE
0.7 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$) Value (A$)
02. Nov 18 Buy Clapsy Pty Ltd, Asset Management Arm Company 24. Apr 18 31. Oct 18 423,602 A$0.13 A$56,471
X
Management checks
We assess CPT Global'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. CPT Global 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.

News

Simply Wall St News

Should You Be Excited About CPT Global Limited's (ASX:CGO) 18% Return On Equity?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for CPT Global: 18% = AU$1.0m ÷ AU$5.8m (Based on the trailing twelve months to December 2018.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. … Conservative use of debt to boost returns is usually a good move for shareholders, though it does leave the company more exposed to interest rate rises.

Simply Wall St -

CPT Global Limited (ASX:CGO) Earns Among The Best Returns In Its Industry

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Imagine Owning CPT Global (ASX:CGO) And Trying To Stomach The 85% Share Price Drop

Imagine if you held CPT Global Limited (ASX:CGO) for half a decade as the share price tanked 85%. … And we doubt long term believers are the only worried holders, since the stock price has declined 28% over the last twelve months. … Most would consider that to be a good thing, so it's counter-intuitive to see the share price declining.

Simply Wall St -

Can We See Significant Insider Ownership On The CPT Global Limited (ASX:CGO) Share Register?

The big shareholder groups in CPT Global Limited (ASX:CGO) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … CPT Global is not a large company by global standards.

Simply Wall St -

What Investors Should Know About CPT Global Limited's (ASX:CGO) Financial Strength

While small-cap stocks, such as CPT Global Limited (ASX:CGO) with its market cap of AU$6.7m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Does CPT Global Limited's (ASX:CGO) CEO Salary Reflect Performance?

Gerry Tuddenham has been the CEO of CPT Global Limited (ASX:CGO) since 2004. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Gerry Tuddenham's Compensation Compare With Similar Sized Companies?

Simply Wall St -

CPT Global Limited (ASX:CGO) Has A ROE Of 14%

This article is for those who would like to learn about Return On Equity (ROE). … Another way to think of that is that for every A$1 worth of equity in the company, it was able to earn A$0.14. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Can We Make Of CPT Global Limited’s (ASX:CGO) High Return On Capital?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

A Holistic Look At CPT Global Limited (ASX:CGO)

Attractive stocks have exceptional fundamentals. … In the case of CPT Global Limited (ASX:CGO), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price.

Simply Wall St -

How Should Investors React To CPT Global Limited's (ASX:CGO) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Gerry Tuddenham's Compensation Compare With Similar Sized Companies. … We took a group of companies with market capitalizations below AU$278m, and calculated the median CEO compensation to be AU$354k

Simply Wall St -

Company Info

Description

CPT Global Limited provides information technology (IT) consultancy services to the financial services and telecommunications industries in Australia, Europe, and North America. The company provides digital consulting, capacity planning, cost reduction, mainframe and midrange performance, project and program management, technical support, and management IT services, as well as management, functional, and automation testing services. Its services include solution architecture, monitoring and metrics, performance tuning, DevOps and release automation, cloud strategy and maturity, cloud migration, and code analytics engineering services; and command center and critical incident management, service availability management, risk assessment and frameworks, and business continuity and disaster recovery assurance services. The company also provides delivery services, such as project management, agile delivery, enterprise testing, performance engineering, data virtualization and masking, test automation, and application migration and remediation services; and consulting services for strategy and governance, project services, and capability assessment and uplift. In addition, it offers services related to digital strategy, digital transformation, digital product design, innovation management, robotic process automation, workforce analytics and optimization, analytics and insights, artificial intelligence, and big data. CPT Global Limited was founded in 1993 and is headquartered in Docklands, Australia.

Details
Name: CPT Global Limited
CGO
Exchange: ASX
Founded: 1993
A$6,997,563
37,824,667
Website: http://www.cptglobal.com
Address: CPT Global Limited
818 Bourke Street,
Level 3,
Docklands,
Victoria, 3008,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CGO Ordinary Shares Australian Securities Exchange AU AUD 08. Sep 2000
CHIA CGO Ordinary Shares Chi-X Australia AU AUD 08. Sep 2000
Number of employees
Current staff
Staff numbers
150
CPT Global employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 10:35
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2017/08/29
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.