Executive Summary
Cirrus Networks Holdings Limited, together with its subsidiaries, provides information technology (IT) services and related third-party products in Australia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with solid track record.
Share Price & News
How has Cirrus Networks Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNW is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CNW's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
0%
CNW
6.9%
AU IT
-0.3%
AU Market
1 Year Return
-13.2%
CNW
75.1%
AU IT
-1.6%
AU Market
Return vs Industry: CNW underperformed the Australian IT industry which returned 75.1% over the past year.
Return vs Market: CNW underperformed the Australian Market which returned -1.6% over the past year.
Shareholder returns
| CNW | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 6.9% | -0.3% |
| 30 Day | 6.5% | 6.7% | 1.5% |
| 90 Day | 13.8% | 10.0% | 9.2% |
| 1 Year | -13.2%-13.2% | 77.2%75.1% | 1.7%-1.6% |
| 3 Year | 83.3%83.3% | 190.9%174.2% | 26.2%10.7% |
| 5 Year | -21.4%-21.4% | 98.1%74.7% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Cirrus Networks Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
With EPS Growth And More, Cirrus Networks Holdings (ASX:CNW) Is Interesting3 weeks ago | Simply Wall St
What Can We Make Of Cirrus Networks Holdings' (ASX:CNW) CEO Compensation?Valuation
Is Cirrus Networks Holdings 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: CNW (A$0.03) is trading below our estimate of fair value (A$0.07)
Significantly Below Fair Value: CNW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CNW is good value based on its PE Ratio (10.2x) compared to the AU IT industry average (23.2x).
PE vs Market: CNW is good value based on its PE Ratio (10.2x) compared to the Australian market (22.6x).
Price to Earnings Growth Ratio
PEG Ratio: CNW is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: CNW is good value based on its PB Ratio (2x) compared to the AU IT industry average (3.7x).
Next Steps
Future Growth
How is Cirrus Networks Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNW's forecast earnings growth (15.8% per year) is above the savings rate (2%).
Earnings vs Market: CNW's earnings (15.8% per year) are forecast to grow slower than the Australian market (18.1% per year).
High Growth Earnings: CNW's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNW's revenue (6.6% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: CNW's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNW's Return on Equity is forecast to be high in 3 years time (20%)
Next Steps
Past Performance
How has Cirrus Networks Holdings performed over the past 5 years?
65.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNW has high quality earnings.
Growing Profit Margin: CNW's current net profit margins (3%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: CNW has become profitable over the past 5 years, growing earnings by 65.7% per year.
Accelerating Growth: CNW's earnings growth over the past year (269.7%) exceeds its 5-year average (65.7% per year).
Earnings vs Industry: CNW earnings growth over the past year (269.7%) exceeded the IT industry -23.2%.
Return on Equity
High ROE: CNW's Return on Equity (19.7%) is considered low.
Next Steps
Financial Health
How is Cirrus Networks Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CNW's short term assets (A$24.4M) exceed its short term liabilities (A$23.7M).
Long Term Liabilities: CNW's short term assets (A$24.4M) exceed its long term liabilities (A$2.3M).
Debt to Equity History and Analysis
Debt Level: CNW's debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CNW's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CNW's debt is well covered by operating cash flow (494.5%).
Interest Coverage: CNW's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average board tenure
CEO
Matt Sullivan
no data
Tenure
AU$300,784
Compensation
Mr. Matthew Leon Sullivan, also known as Matt, has been the Chief Executive Officer and Executive Director at Cirrus Networks Holdings Limited since December 21, 2016 and March, 2016 respectively. Mr. Sull...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD232.16K) is about average for companies of similar size in the Australian market ($USD294.38K).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | no data | AU$300.78k | 4.97% A$ 1.5m | |
| Independent Non-Executive Chairman | 1yr | AU$90.04k | 4.21% A$ 1.3m | |
| Independent Non-Executive Director | 5.5yrs | AU$60.87k | 1.72% A$ 522.2k | |
| Independent Non-Executive Director | 2.5yrs | AU$118.54k | 2.22% A$ 675.9k |
4.0yrs
Average Tenure
Experienced Board: CNW's board of directors are considered experienced (4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CNW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cirrus Networks Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cirrus Networks Holdings Limited
- Ticker: CNW
- Exchange: ASX
- Founded: 2003
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: AU$30.420m
- Shares outstanding: 894.72m
- Website: https://www.cirrusnetworks.com.au
Location
- Cirrus Networks Holdings Limited
- 108 St Georges Terrace
- Level 28
- Perth
- Western Australia
- 6000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CNW | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Jul 2015 |
| CNW | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Jul 2015 |
| LG4 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 2015 |
Biography
Cirrus Networks Holdings Limited, together with its subsidiaries, provides information technology (IT) services and related third-party products in Australia. The company offers business and technology con...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 07:10 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.