Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada.
Flawless balance sheet with proven track record.
Share Price & News
How has Computer Modelling Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMG's share price has been volatile over the past 3 months.
7 Day Return
CA Energy Services
1 Year Return
CA Energy Services
Return vs Industry: CMG exceeded the Canadian Energy Services industry which returned -64.7% over the past year.
Return vs Market: CMG underperformed the Canadian Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is Computer Modelling Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWhy It Might Not Make Sense To Buy Computer Modelling Group Ltd. (TSE:CMG) For Its Upcoming Dividend
1 week ago | Simply Wall StComputer Modelling Group Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
2 weeks ago | Simply Wall StHow Does Investing In Computer Modelling Group Ltd. (TSE:CMG) Impact The Volatility Of Your Portfolio?
Is Computer Modelling Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CMG (CA$5.13) is trading above our estimate of fair value (CA$4.19)
Significantly Below Fair Value: CMG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMG is poor value based on its PE Ratio (17.5x) compared to the Energy Services industry average (6.4x).
PE vs Market: CMG is poor value based on its PE Ratio (17.5x) compared to the Canadian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: CMG is poor value based on its PEG Ratio (62.4x)
Price to Book Ratio
PB vs Industry: CMG is overvalued based on its PB Ratio (10.7x) compared to the CA Energy Services industry average (0.3x).
How is Computer Modelling Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMG's forecast earnings growth (0.3% per year) is below the savings rate (1.7%).
Earnings vs Market: CMG's earnings (0.3% per year) are forecast to grow slower than the Canadian market (23.7% per year).
High Growth Earnings: CMG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMG's revenue is expected to decline over the next 3 years (-4.6% per year).
High Growth Revenue: CMG's revenue is forecast to decline over the next 3 years (-4.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMG's Return on Equity is forecast to be very high in 3 years time (42.5%).
How has Computer Modelling Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMG has high quality earnings.
Growing Profit Margin: CMG's current net profit margins (31%) are higher than last year (29.6%).
Past Earnings Growth Analysis
Earnings Trend: CMG's earnings have declined by -7.9% per year over the past 5 years.
Accelerating Growth: CMG's earnings growth over the past year (6.1%) exceeds its 5-year average (-7.9% per year).
Earnings vs Industry: CMG earnings growth over the past year (6.1%) underperformed the Energy Services industry 6.1%.
Return on Equity
High ROE: CMG's Return on Equity (61.2%) is considered outstanding.
How is Computer Modelling Group's financial position?
Financial Position Analysis
Short Term Liabilities: CMG's short term assets (CA$68.5M) exceed its short term liabilities (CA$41.4M).
Long Term Liabilities: CMG's short term assets (CA$68.5M) exceed its long term liabilities (CA$41.1M).
Debt to Equity History and Analysis
Debt Level: CMG is debt free.
Reducing Debt: CMG has not had any debt for past 5 years.
Debt Coverage: CMG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CMG has no debt, therefore coverage of interest payments is not a concern.
What is Computer Modelling Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMG's dividend (3.9%) is higher than the bottom 25% of dividend payers in the Canadian market (1.96%).
High Dividend: CMG's dividend (3.9%) is low compared to the top 25% of dividend payers in the Canadian market (6.25%).
Stability and Growth of Payments
Stable Dividend: CMG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMG's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (136.7%), CMG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMG's dividends in 3 years are forecast to be covered by earnings (82.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ryan Schneider (42yo)
Mr. Ryan N. Schneider has been President, Chief Executive Officer and Director of Computer Modelling Group Ltd., since July 12, 2018. Mr. Schneider served as the Chief Operating Officer at Computer Modelli ...
CEO Compensation Analysis
Compensation vs Market: Ryan's total compensation ($USD665.69K) is below average for companies of similar size in the Canadian market ($USD1.06M).
Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.
|VP of Finance & CFO||6.75yrs||CA$478.86k||0.078% CA$321.6k|
|CTO and VP of Research & Development||1.33yrs||CA$586.46k||0.98% CA$4.0m|
|Manager of Administration & Compliance||no data||no data||no data|
Experienced Management: CMG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Independent Chairman of the Board||2.92yrs||CA$146.72k||0.13% CA$536.1k|
|Independent Director||16yrs||CA$122.15k||0.070% CA$287.3k|
|Vice Chairman of the Board||1.92yrs||CA$760.62k||2.1% CA$8.6m|
|Independent Director||21.83yrs||CA$117.42k||0.028% CA$115.4k|
|Director||0.67yr||no data||no data|
|Independent Director||13.08yrs||CA$112.42k||0.015% CA$60.9k|
|Independent Director||2.92yrs||CA$103.15k||0.017% CA$71.5k|
|Independent Director||8.33yrs||CA$105.15k||0.024% CA$97.5k|
Experienced Board: CMG's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CMG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Computer Modelling Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Computer Modelling Group Ltd.
- Ticker: CMG
- Exchange: TSX
- Founded: 1978
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: CA$411.676m
- Shares outstanding: 80.25m
- Website: https://www.cmgl.ca
Number of Employees
- Computer Modelling Group Ltd.
- 3710 33 Street NW
- T2L 2M1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 1997|
|5TJ||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 1997|
|CMDX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 1997|
Computer Modelling Group Ltd., a computer software technology company, develops and licenses reservoir simulation software in Canada. The company offers CMOST AI, an intelligent optimization and analysis tool that offers solution for its reservoir by combining statistical analysis, machine learning, and non-biased data interpretation; IMEX, a black oil simulator that is used to model primary and secondary oil recovery processes in conventional and unconventional oil/gas reservoirs; GEM, an equation-of-state reservoir simulator for compositional, chemical, and unconventional reservoir modelling; STARS, a thermal and processes reservoir simulator for the modelling of steam, solvents, air, and chemical recovery processes; and CoFlow, a reservoir and production system modelling software that allows reservoir and production engineers to collaborate on the same asset. It also provides Builder, a pre-processor that simplifies the creation of simulation models by providing a framework for data integration and workflow management between various data sources; Results, a post-processor that helps in enhancing understanding and insight into recovery processes and reservoir performance; and WinProp, a fluid property characterization tool, as well as Autotune artificial intelligence solutions. In addition, the company provides professional services comprising support, consulting, training, and contract research services. It also sells its products and services in approximately 60 countries. Computer Modelling Group Ltd. was founded in 1978 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 03:08|
|End of Day Share Price||2020/06/04 00:00|
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.