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COO

Corum GroupASX:COO Stock Report

Market Cap

AU$39.4m

7D

-1.5%

1Y

-29.8%

Updated

03 Dec, 2021

Data

Company Financials +
COO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

COO Stock Overview

Corum Group Limited, together with its subsidiaries, operates as a technology and software development company in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Corum Group
Historical stock prices
Current Share PriceAU$0.066
52 Week HighAU$0.12
52 Week LowAU$0.054
Beta1.72
1 Month Change-14.29%
3 Month Change-17.50%
1 Year Change-29.79%
3 Year Change112.90%
5 Year Change-5.71%
Change since IPO-99.67%

Recent News & Updates

Nov 12
Is Now The Time To Put Corum Group (ASX:COO) On Your Watchlist?

Is Now The Time To Put Corum Group (ASX:COO) On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Apr 29
At AU$0.089, Is It Time To Put Corum Group Limited (ASX:COO) On Your Watch List?

At AU$0.089, Is It Time To Put Corum Group Limited (ASX:COO) On Your Watch List?

Corum Group Limited ( ASX:COO ), might not be a large cap stock, but it saw a decent share price growth in the teens...

Mar 02
Corum Group (ASX:COO) Is Posting Healthy Earnings, But It Is Not All Good News

Corum Group (ASX:COO) Is Posting Healthy Earnings, But It Is Not All Good News

Despite posting strong earnings, Corum Group Limited's ( ASX:COO ) stock didn't move much over the last week. We looked...

Shareholder Returns

COOAU SoftwareAU Market
7D-1.5%0.5%-0.7%
1Y-29.8%16.2%9.8%

Return vs Industry: COO underperformed the Australian Software industry which returned 16.2% over the past year.

Return vs Market: COO underperformed the Australian Market which returned 9.8% over the past year.

Price Volatility

Is COO's price volatile compared to industry and market?
COO volatility
COO Average Weekly Movement7.5%
Software Industry Average Movement8.6%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.7%

Stable Share Price: COO is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: COO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1950n/aJulian Sallabankhttps://www.corumgroup.com.au

Corum Group Limited, together with its subsidiaries, operates as a technology and software development company in Australia. The company operates through two segments, Health Services and eCommerce. The Health Services segment develops and distributes business software for the pharmacy industry with emphasis on an electronic ordering gateway; point-of-sale and pharmaceutical dispensing software, multi-site retail management, and computer hardware and support services.

Corum Group Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
COO income statement (TTM)
RevenueAU$13.38m
Cost of RevenueAU$9.92m
Gross ProfitAU$3.47m
ExpensesAU$2.37m
EarningsAU$1.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0018
Gross Margin25.89%
Net Profit Margin8.15%
Debt/Equity Ratio0%

How did COO perform over the long term?

See historical performance and comparison

Valuation

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

36.26x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate COO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate COO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: COO is good value based on its PE Ratio (36.3x) compared to the Australian Software industry average (40.7x).

PE vs Market: COO is poor value based on its PE Ratio (36.3x) compared to the Australian market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: COO is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: COO is good value based on its PB Ratio (1.7x) compared to the AU Software industry average (5.1x).


Future Growth

How is Corum Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

38.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COO's forecast earnings growth (38.9% per year) is above the savings rate (1.9%).

Earnings vs Market: COO's earnings (38.9% per year) are forecast to grow faster than the Australian market (11.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: COO's revenue (10.4% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: COO's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COO's Return on Equity is forecast to be low in 3 years time (3%).


Past Performance

How has Corum Group performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COO has a large one-off gain of A$259.0K impacting its June 30 2021 financial results.

Growing Profit Margin: COO's current net profit margins (8.2%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: COO has become profitable over the past 5 years, growing earnings by 27.1% per year.

Accelerating Growth: COO's earnings growth over the past year (519.9%) exceeds its 5-year average (27.1% per year).

Earnings vs Industry: COO earnings growth over the past year (519.9%) exceeded the Software industry 28.9%.


Return on Equity

High ROE: COO's Return on Equity (4.8%) is considered low.


Financial Health

How is Corum Group's financial position?


Financial Position Analysis

Short Term Liabilities: COO's short term assets (A$10.4M) exceed its short term liabilities (A$6.4M).

Long Term Liabilities: COO's short term assets (A$10.4M) exceed its long term liabilities (A$2.0M).


Debt to Equity History and Analysis

Debt Level: COO is debt free.

Reducing Debt: COO has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate COO'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 COO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: COO is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of COO'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?

1.7yrs

Average board tenure


CEO

Julian Sallabank

1.25yrs

Tenure

AU$427,403

Compensation

Mr. Julian Sallabank serves as the Non-Executive Director at Corum Group Limited since August 2020 and also serves as its Group Chief Executive Officer. He serves as Managing Director at Corum Group Limite...


CEO Compensation Analysis

Compensation vs Market: Julian's total compensation ($USD303.60K) is about average for companies of similar size in the Australian market ($USD291.30K).

Compensation vs Earnings: Julian's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: COO's board of directors are not considered experienced ( 1.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Corum Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Corum Group Limited
  • Ticker: COO
  • Exchange: ASX
  • Founded: 1950
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$39.386m
  • Shares outstanding: 596.76m
  • Website: https://www.corumgroup.com.au

Location

  • Corum Group Limited
  • 120 Sussex Street
  • Level 3
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 15:54
End of Day Share Price2021/12/03 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.