ASX:CT1

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Constellation Technologies

Executive Summary

Constellation Technologies Limited develops and manages Internet of Things (IoT) products for industry and government applications in Australia. More Details


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

CT1IndustryMarket
7 Day3.0%2.2%-0.3%
30 Day0%8.2%0.5%
90 Day88.9%10.5%10.1%
1 Year30.8%30.8%39.3%35.9%1.7%-1.6%
3 Year37.6%-2.9%132.3%115.9%26.2%10.7%
5 Yearn/a210.5%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

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

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

NamePositionTenureCompensationOwnership
Adam Gallagher
CEO & Executive Director1.92yrsAU$80.33k1.94%
A$ 900.4k
Kartheek Munigoti
CTO & GM4yrsAU$422.85k2.22%
A$ 1.0m
Terri Bakos
CFO & Company Secretary1yrno datano 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

NamePositionTenureCompensationOwnership
Adam Gallagher
CEO & Executive Director1.92yrsAU$80.33k1.94%
A$ 900.4k
Anoosh Manzoori
Independent Non-Executive Director4.25yrsAU$58.08k0.75%
A$ 348.9k
Leath Nicholson
Independent Non-Executive Chairman4.25yrsAU$68.08k1.31%
A$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CT1ASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2016
CT1CHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 07:09
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.