Cirrus Networks Holdings Limited, together with its subsidiaries, provides information technology (IT) services and related third-party products in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.032|
|52 Week High||AU$0.025|
|52 Week Low||AU$0.037|
|1 Month Change||-8.57%|
|3 Month Change||10.35%|
|1 Year Change||6.67%|
|3 Year Change||68.42%|
|5 Year Change||10.35%|
|Change since IPO||14.29%|
Recent News & Updates
|CNW||AU IT||AU Market|
Return vs Industry: CNW underperformed the Australian IT industry which returned 31.3% over the past year.
Return vs Market: CNW underperformed the Australian Market which returned 25.4% over the past year.
Stable Share Price: CNW is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: CNW's weekly volatility (10%) has been stable over the past year.
About the Company
Cirrus Networks Holdings Limited, together with its subsidiaries, provides information technology (IT) services and related third-party products in Australia. The company also offers advisory services for strategic plans, architecture, governance, procurement, cloud, IOT, and program and asset management; integration services, such as connectivity and communication, data center, collaboration, security, and project management and people services; managed services; and infrastructure services. Cirrus Networks Holdings Limited was incorporated in 2003 and is based in Perth, Australia.
Cirrus Networks Holdings Fundamentals Summary
|CNW fundamental statistics|
Is CNW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNW income statement (TTM)|
|Cost of Revenue||AU$101.76m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.00049|
|Net Profit Margin||0.41%|
How did CNW perform over the long term?See historical performance and comparison
Is Cirrus Networks Holdings 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: CNW (A$0.03) is trading below our estimate of fair value (A$0.04)
Significantly Below Fair Value: CNW is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CNW is poor value based on its PE Ratio (68.1x) compared to the Australian IT industry average (37.7x).
PE vs Market: CNW is poor value based on its PE Ratio (68.1x) compared to the Australian market (18.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CNW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNW is good value based on its PB Ratio (1.8x) compared to the AU IT industry average (3.3x).
How is Cirrus Networks Holdings 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 Cirrus Networks Holdings 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.
How has Cirrus Networks Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNW has a large one-off gain of A$1.5M impacting its June 30 2021 financial results.
Growing Profit Margin: CNW's current net profit margins (0.4%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: CNW has become profitable over the past 5 years, growing earnings by 54.7% per year.
Accelerating Growth: CNW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNW had negative earnings growth (-84.6%) over the past year, making it difficult to compare to the IT industry average (-11.2%).
Return on Equity
High ROE: CNW's Return on Equity (2.7%) is considered low.
How is Cirrus Networks Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CNW's short term assets (A$32.0M) exceed its short term liabilities (A$29.0M).
Long Term Liabilities: CNW's short term assets (A$32.0M) exceed its long term liabilities (A$1.8M).
Debt to Equity History and Analysis
Debt Level: CNW is debt free.
Reducing Debt: CNW had no debt 5 years ago.
Debt Coverage: CNW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CNW has no debt, therefore coverage of interest payments is not a concern.
What is Cirrus Networks Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CNW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CNW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CNW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CNW's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Christopher McLaughlin, also known as Chris, serves as Chief Operating Officer at Cirrus Networks Holdings Limited since 2020 and serves as Acting Chief Executive Officer since September 13, 2021 and s...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD241.37K) is about average for companies of similar size in the Australian market ($USD281.32K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Board: CNW's board of directors are considered experienced (3.2 years average tenure).
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 5.3%.
Cirrus Networks Holdings Limited's employee growth, exchange listings and data sources
- Name: Cirrus Networks Holdings Limited
- Ticker: CNW
- Exchange: ASX
- Founded: 2003
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: AU$29.760m
- Shares outstanding: 930.01m
- Website: https://www.cirrusnetworks.com.au
- Cirrus Networks Holdings Limited
- 108 St Georges Terrace
- Level 28
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/23 16:04|
|End of Day Share Price||2021/09/23 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.