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Connexion Telematics

ASX:CXZ
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CXZ
ASX
A$10M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Connexion Telematics Ltd, an Internet of Things technology company, develops information technology solutions for automotive industries in Australia. The last earnings update was 86 days ago. More info.


Add to Portfolio Compare Print
  • Connexion Telematics has significant price volatility in the past 3 months.
CXZ Share Price and Events
7 Day Returns
0%
ASX:CXZ
-4.3%
AU Software
1.2%
AU Market
1 Year Returns
100%
ASX:CXZ
31%
AU Software
4.7%
AU Market
CXZ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Connexion Telematics (CXZ) 0% 0% 0% 100% -92.3% -
AU Software -4.3% -40.1% -31.1% 31% 86.2% 109.6%
AU Market 1.2% -0.2% 3.2% 4.7% 18.3% 8.9%
1 Year Return vs Industry and Market
  • CXZ outperformed the Software industry which returned 31% over the past year.
  • CXZ outperformed the Market in Australia which returned 4.7% over the past year.
Price Volatility
CXZ
Industry
5yr Volatility vs Market

Value

 Is Connexion Telematics 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 Connexion Telematics 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 Connexion Telematics.

ASX:CXZ 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:CXZ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.15
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.148 (1 + (1- 30%) (2.96%))
1.115
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.115 * 5.96%)
8.96%

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

The calculations below outline how an intrinsic value for Connexion Telematics 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:CXZ DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.96%)
2019 0.97 Est @ 70.37% 0.89
2020 1.46 Est @ 49.95% 1.23
2021 1.98 Est @ 35.66% 1.53
2022 2.49 Est @ 25.65% 1.77
2023 2.96 Est @ 18.65% 1.92
2024 3.36 Est @ 13.75% 2.01
2025 3.71 Est @ 10.32% 2.03
2026 4.00 Est @ 7.92% 2.02
2027 4.25 Est @ 6.24% 1.96
2028 4.47 Est @ 5.06% 1.89
Present value of next 10 years cash flows A$17.27
ASX:CXZ DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$4.47 × (1 + 2.31%) ÷ (8.96% – 2.31%)
A$68.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$68.78 ÷ (1 + 8.96%)10
A$29.16
ASX:CXZ Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$17.27 + A$29.16
A$46.43
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$46.43 / 845.17
A$0.05
ASX:CXZ Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.05
Current discount Discount to share price of A$0.01
= -1 x (A$0.01 - A$0.05) / A$0.05
78.2%

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

Current Discount
Amount off the current price Connexion Telematics is available for.
Intrinsic value
>50%
Share price is A$0.012 vs Future cash flow value of A$0.05494
Current Discount Checks
For Connexion Telematics to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Connexion Telematics's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Connexion Telematics'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 Connexion Telematics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Connexion Telematics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CXZ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:CXZ Share Price ** ASX (2019-05-24) in AUD A$0.01
Australia Software Industry PE Ratio Median Figure of 19 Publicly-Listed Software Companies 37.38x
Australia Market PE Ratio Median Figure of 542 Publicly-Listed Companies 16.28x

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

** Primary Listing of Connexion Telematics.

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

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

= 0.01 ÷ 0.00

-10.69x

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

  • Connexion Telematics is loss making, we can't compare its value to the AU Software industry average.
  • Connexion Telematics is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Connexion Telematics's expected growth come at a high price?
Raw Data
ASX:CXZ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.58x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.42x

*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 Connexion Telematics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Connexion Telematics's assets?
Raw Data
ASX:CXZ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.00
ASX:CXZ Share Price * ASX (2019-05-24) in AUD A$0.01
Australia Software Industry PB Ratio Median Figure of 101 Publicly-Listed Software Companies 3.16x
Australia Market PB Ratio Median Figure of 1,680 Publicly-Listed Companies 1.66x
ASX:CXZ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ 0.00

9.32x

* Primary Listing of Connexion Telematics.

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

  • Connexion Telematics is overvalued based on assets compared to the AU Software industry average.
X
Value checks
We assess Connexion Telematics'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 Software 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 Software industry average (and greater than 0)? (1 check)
  5. Connexion Telematics has a total score of 2/6, 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 Connexion Telematics 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 Connexion Telematics 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
29.3%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Connexion Telematics expected to grow at an attractive rate?
  • Unable to compare Connexion Telematics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Connexion Telematics's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Connexion Telematics's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CXZ Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 29.3%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 17.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.2%

*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:CXZ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:CXZ Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 1 1 -1
2018-09-30 1 0 0
2018-06-30 1 0 0
2018-03-31 1 -1 0
2017-12-31 2 -3 -1
2017-09-30 1 -3 -3
2017-06-30 1 -4 -4
2017-03-31 1 -4 -5
2016-12-31 1 -5 -5
2016-09-30 1 -6 -6
2016-06-30 1 -6 -7
2016-03-31 0 -5 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Connexion Telematics is high growth as no earnings estimate data is available.
  • Unable to determine if Connexion Telematics 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:CXZ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Connexion Telematics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CXZ Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.07
2016-06-30 -0.08
2016-03-31 -0.07

*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 Connexion Telematics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Connexion Telematics'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
  2. Connexion Telematics's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Connexion Telematics'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.
Connexion Telematics 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 Connexion Telematics 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 Connexion Telematics's growth in the last year to its industry (Software).
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.
  • Connexion Telematics does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Connexion Telematics's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Connexion Telematics's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
Connexion Telematics'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 Connexion Telematics Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CXZ 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 0.65 -0.86 1.39 0.25
2018-09-30 0.88 -0.27 1.14 0.28
2018-06-30 1.11 0.33 0.89 0.31
2018-03-31 1.39 -0.46 2.87 0.10
2017-12-31 1.68 -1.25 4.61 -0.11
2017-09-30 1.37 -2.61 5.12 0.34
2017-06-30 1.06 -3.97 5.63 0.79
2017-03-31 0.93 -4.69 5.13 1.72
2016-12-31 0.81 -5.40 4.63 2.66
2016-09-30 0.69 -6.13 4.74 2.78
2016-06-30 0.57 -6.86 4.85 2.90
2016-03-31 0.39 -6.01 3.53 2.42
2015-12-31 0.20 -5.17 2.22 1.95
2015-09-30 0.15 -5.63 1.61 1.49
2015-06-30 0.10 -6.10 1.00 1.03

*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.
  • It is difficult to establish if Connexion Telematics has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Connexion Telematics has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Connexion Telematics improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Connexion Telematics'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 Software 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.
Connexion Telematics has a total score of 0/6, 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 Connexion Telematics'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 Connexion Telematics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Connexion Telematics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Connexion Telematics has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Connexion Telematics'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 3.4x 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 Connexion Telematics Company Filings, last reported 4 months ago.

ASX:CXZ Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1.08 0.30 0.24
2018-09-30 1.08 0.30 0.24
2018-06-30 0.40 0.30 0.17
2018-03-31 0.40 0.30 0.17
2017-12-31 0.81 1.07 0.28
2017-09-30 0.81 1.07 0.28
2017-06-30 -6.34 5.99 0.37
2017-03-31 -6.34 5.99 0.37
2016-12-31 -5.01 5.64 1.39
2016-09-30 -5.01 5.64 1.39
2016-06-30 -3.43 2.63 0.08
2016-03-31 -3.43 2.63 0.08
2015-12-31 -2.35 2.33 0.74
2015-09-30 -2.35 2.33 0.74
2015-06-30 0.37 0.34 1.10
  • Connexion Telematics's level of debt (27.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Connexion Telematics's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Connexion Telematics has less than a year of cash runway based on current free cash flow.
  • Connexion Telematics has less than a year of cash runway if free cash flow continues to reduce at historical rates of -57.6% each year.
X
Financial health checks
We assess Connexion Telematics'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. Connexion Telematics has a total score of 3/6, 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 Connexion Telematics'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
0%
Current annual income from Connexion Telematics dividends.
If you bought A$2,000 of Connexion Telematics shares you are expected to receive A$0 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?
  • Unable to evaluate Connexion Telematics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Connexion Telematics's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:CXZ 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 Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.3%
Australia Market Average Dividend Yield Market Cap Weighted Average of 414 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

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

  • Unable to perform a dividend volatility check as Connexion Telematics has not reported any payouts.
  • Unable to verify if Connexion Telematics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Connexion Telematics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Connexion Telematics has not reported any payouts.
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 Connexion Telematics'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 Connexion Telematics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Connexion Telematics has a total score of 0/6, 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 Connexion Telematics'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.
  • Connexion Telematics has no CEO, or we have no data on them.
Management Team

Tasso Koutsovasilis

TITLE
Chief Operations Officer

Peter Parthimos

TITLE
Financial Controller and Account

Peter Torre

TITLE
Company Secretary
TENURE
2.1 yrs

Graeme Robinson

TITLE
Consultant
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure of the Connexion Telematics board of directors in years:

1.9
Average Tenure
  • The average tenure for the Connexion Telematics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mark Caruso

TITLE
Non-Executive Chairman
COMPENSATION
A$30K
AGE
56
TENURE
2.1 yrs

Rob Downey

TITLE
Non-Executive Director
COMPENSATION
A$33K
AGE
51
TENURE
1.9 yrs

Aaryn Nania

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$) Value (A$)
03. Oct 18 Buy Zurich Bay Holdings Pty Ltd, Asset Management Arm Company 01. Oct 18 02. Oct 18 1,000,000 A$0.01 A$7,999
X
Management checks
We assess Connexion Telematics'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. Connexion Telematics 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

Investors Who Bought Connexion Telematics (ASX:CXZ) Shares Three Years Ago Are Now Down 94%

Connexion Telematics Ltd (ASX:CXZ) shareholders should be happy to see the share price up 20% in the last month. … It seems likely some shareholders believe that Connexion Telematics will significantly advance the business plan before too long. … But since the share price has dived -61% per year, over 3 years, it looks like some investors think it's time to abandon ship, so to speak

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Connexion Telematics Ltd (ASX:CXZ): Time For A Financial Health Check

While small-cap stocks, such as Connexion Telematics Ltd (ASX:CXZ) with its market cap of AU$12m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Can We See Significant Insider Ownership On The Connexion Media Limited (ASX:CXZ) Share Register?

The big shareholder groups in Connexion Media Limited (ASX:CXZ) have power over the company. … Connexion Media is not a large company by global standards. … View our latest analysis for Connexion Media

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Is Connexion Media Limited (ASX:CXZ) A Financially Sound Company?

Connexion Media Limited (ASX:CXZ) is a small-cap stock with a market capitalization of AU$3.66m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

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Are Connexion Media Limited's (ASX:CXZ) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like Connexion Media Limited (ASX:CXZ), with a market cap of AU$2.93m. … However, an important fact which most ignore is: how financially healthy is the business?

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Next Capital Raising For Connexion Media Limited (ASX:CXZ)?

Looking at Connexion Media’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … ASX:CXZ Income Statement Apr 14th 18 When will Connexion Media need to raise more cash? … My cash burn analysis suggests that, if Connexion Media continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the upcoming months, which may be a surprise to some shareholders.

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Who Are Connexion Media Limited's (ASX:CXZ) Major Shareholders?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Thus, investors should dig deeper into CXZ's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership in CXZ is not at a level that would concern investors.

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How Connexion Media Limited (ASX:CXZ) Can Impact Your Portfolio Volatility

Generally, an investor should consider two types of risk that impact the market value of CXZ. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Does Connexion Media Limited's (ASX:CXZ) Latest Financial Perfomance Look Strong?

After reading Connexion Media Limited's (ASX:CXZ) most recent earnings announcement (31 December 2017), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … See our latest analysis for Connexion Media Commentary On CXZ's Past Performance To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past five years Connexion Media's top-line has increased by 83.60% on average, indicating that the company is in a high-growth period with expenses shooting ahead of revenues, leading to annual losses.

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What does Connexion Media Limited's (ASX:CXZ) Balance Sheet Tell Us About Its Future?

CXZ's debt levels surged from AU$2.63M to AU$5.99M over the last 12 months , which is made up of current and long term debt. … With this growth in debt, the current cash and short-term investment levels stands at AU$367.19K , ready to deploy into the business. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: With a high level of debt on its balance sheet, CXZ could still be in a financially strong position if its cash flow also stacked up.

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Company Info

Description

Connexion Telematics Ltd, an Internet of Things technology company, develops information technology solutions for automotive industries in Australia. Its principal products include CXZ Telematics, a cloud based integrated vehicle management system that gives control of a fleet of cars, trucks, and other vehicles from a central control point; and miRoamer, a multi-platform app, which provides an Internet radio and music infotainment service through approximately 35,000 stations to consumers worldwide. The company also provides Commercial Link, a vehicle management system that helps to manage vehicles; and WEX Motorpass, a real-time fraud protection tool that offers security. The company was formerly known as Connexion Media Limited. Connexion Telematics Ltd is headquartered in Melbourne, Australia.

Details
Name: Connexion Telematics Ltd
CXZ
Exchange: ASX
Founded:
A$10,141,981
845,165,112
Website: http://www.connexionltd.com
Address: Connexion Telematics Ltd
19 Bank Place,
Level 1,
Melbourne,
Victoria, 3000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CXZ Ordinary Shares Australian Securities Exchange AU AUD 29. Aug 2014
CHIA CXZ Ordinary Shares Chi-X Australia AU AUD 29. Aug 2014
Number of employees
Current staff
Staff numbers
0
Connexion Telematics employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 10:31
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/02/28
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.