Executive Summary
Constellation Technologies Limited develops and manages Internet of Things (IoT) products for industry and government applications in Australia. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Constellation Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CT1 is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: CT1's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.
Market Performance
7 Day Return
3.0%
CT1
2.2%
AU Electronic
-0.3%
AU Market
1 Year Return
30.8%
CT1
35.9%
AU Electronic
-1.6%
AU Market
Return vs Industry: CT1 underperformed the Australian Electronic industry which returned 35.9% over the past year.
Return vs Market: CT1 exceeded the Australian Market which returned -1.6% over the past year.
Shareholder returns
| CT1 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 2.2% | -0.3% |
| 30 Day | 0% | 8.2% | 0.5% |
| 90 Day | 88.9% | 10.5% | 10.1% |
| 1 Year | 30.8%30.8% | 39.3%35.9% | 1.7%-1.6% |
| 3 Year | 37.6%-2.9% | 132.3%115.9% | 26.2%10.7% |
| 5 Year | n/a | 210.5%184.1% | 68.7%35.5% |
Long-Term Price Volatility Vs. Market
How volatile is Constellation Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Here's Why We're Not Too Worried About Constellation Technologies' (ASX:AGX) Cash Burn Situation4 months ago | Simply Wall St
We Think Constellation Technologies (ASX:CT1) Can Afford To Drive Business Growth7 months ago | Simply Wall St
Do Institutions Own CCP Technologies Limited (ASX:CT1) Shares?Valuation
Is Constellation Technologies undervalued compared to its fair value and its price relative to the market?
10.35x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CT1's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CT1's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CT1 is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.
PE vs Market: CT1 is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CT1's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CT1 is overvalued based on its PB Ratio (10.4x) compared to the AU Electronic industry average (4.2x).
Next Steps
Future Growth
How is Constellation Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.0%
Forecasted Tech 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 Constellation Technologies 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.
Next Steps
- Examine Constellation Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Constellation Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Constellation Technologies performed over the past 5 years?
-5.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CT1 is currently unprofitable.
Growing Profit Margin: CT1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CT1 is unprofitable, and losses have increased over the past 5 years at a rate of 5.4% per year.
Accelerating Growth: Unable to compare CT1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CT1 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).
Return on Equity
High ROE: CT1 has a negative Return on Equity (-66.05%), as it is currently unprofitable.
Next Steps
Financial Health
How is Constellation Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CT1's short term assets (A$4.7M) exceed its short term liabilities (A$367.6K).
Long Term Liabilities: CT1's short term assets (A$4.7M) exceed its long term liabilities (A$14.6K).
Debt to Equity History and Analysis
Debt Level: CT1 is debt free.
Reducing Debt: CT1 has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
Balance Sheet
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.
Stable Cash Runway: CT1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CT1 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 11% each year.
Next Steps
Dividend
What is Constellation Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CT1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CT1'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 CT1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CT1'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 CT1'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?
1.9yrs
Average management tenure
CEO
Adam Gallagher
1.92yrs
Tenure
AU$80,326
Compensation
Mr. Adam Gallagher, B.Econ., M.Com., GDipIS., GDipACG., MAICD, ICSA, has been Company Secretary of Change Financial Limited since February 28, 2019. He has been Chief Executive Officer of Constellation Tec...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD0.00) is below average for companies of similar size in the Australian market ($USD294.44K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.92yrs | AU$80.33k | 1.94% A$ 900.4k | |
| CTO & GM | 4yrs | AU$422.85k | 2.22% A$ 1.0m | |
| CFO & Company Secretary | 1yr | no data | no data |
1.9yrs
Average Tenure
Experienced Management: CT1's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 1.92yrs | AU$80.33k | 1.94% A$ 900.4k | |
| Independent Non-Executive Director | 4.25yrs | AU$58.08k | 0.75% A$ 348.9k | |
| Independent Non-Executive Chairman | 4.25yrs | AU$68.08k | 1.31% A$ 609.6k |
4.3yrs
Average Tenure
Experienced Board: CT1's board of directors are considered experienced (4.3 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.9%.
Top Shareholders
Company Information
Constellation Technologies Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Constellation Technologies Limited
- Ticker: CT1
- Exchange: ASX
- Founded: 1987
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: AU$46.381m
- Shares outstanding: 1.36b
- Website: https://www.constellationtechnologies.net
Number of Employees
Location
- Constellation Technologies Limited
- 420 Collins Street
- Level 7
- Melbourne
- Victoria
- 3000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CT1 | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Sep 2016 |
| CT1 | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Sep 2016 |
Biography
Constellation Technologies Limited develops and manages Internet of Things (IoT) products for industry and government applications in Australia. The company’s solutions cover cloud, IoT, edge-computing sen...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 07:09 |
| End of Day Share Price | 2021/01/15 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.