Computer Modelling Group Future Growth

Future criteria checks 4/6

Computer Modelling Group is forecast to grow earnings and revenue by 23.6% and 19.4% per annum respectively while EPS is expected to grow by 21.1% per annum.

Key information

23.6%

Earnings growth rate

21.1%

EPS growth rate

Software earnings growth	16.2%
Revenue growth rate	19.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	23 Apr 2024

Recent future growth updates

Recent updates

Here's What's Concerning About Computer Modelling Group's (TSE:CMG) Returns On Capital

Nov 28

Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05

Nov 13

Computer Modelling Group's (TSE:CMG) Dividend Will Be CA$0.05

Aug 29

Computer Modelling Group (TSE:CMG) Will Pay A Dividend Of CA$0.05

Aug 15

Computer Modelling Group's (TSE:CMG) Returns On Capital Not Reflecting Well On The Business

May 26

Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05

Feb 13

Returns On Capital Signal Tricky Times Ahead For Computer Modelling Group (TSE:CMG)

Oct 27

Computer Modelling Group (TSE:CMG) Has Announced A Dividend Of CA$0.05

Aug 14

This Is Why Shareholders May Want To Hold Back On A Pay Rise For Computer Modelling Group Ltd.'s (TSE:CMG) CEO

Jul 02

Are Computer Modelling Group Ltd. (TSE:CMG) Investors Paying Above The Intrinsic Value?

May 16

Earnings and Revenue Growth Forecasts

TSX:CMG - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	148	N/A	47	N/A	2
3/31/2025	133	33	37	42	5
3/31/2024	109	26	33	28	5
12/31/2023	97	24	25	27	N/A
9/30/2023	83	25	32	35	N/A
6/30/2023	78	23	25	27	N/A
3/31/2023	74	20	24	26	N/A
12/31/2022	72	20	29	30	N/A
9/30/2022	70	19	26	27	N/A
6/30/2022	68	18	18	19	N/A
3/31/2022	66	18	28	29	N/A
12/31/2021	64	18	26	27	N/A
9/30/2021	63	18	21	22	N/A
6/30/2021	65	21	21	21	N/A
3/31/2021	67	20	26	26	N/A
12/31/2020	69	23	24	24	N/A
9/30/2020	72	22	22	23	N/A
6/30/2020	74	22	30	31	N/A
3/31/2020	76	23	20	21	N/A
12/31/2019	78	22	24	25	N/A
9/30/2019	78	24	27	28	N/A
6/30/2019	76	22	23	24	N/A
3/31/2019	75	22	23	23	N/A
12/31/2018	73	22	25	26	N/A
9/30/2018	72	21	27	28	N/A
6/30/2018	72	20	22	24	N/A
3/31/2018	75	21	26	31	N/A
12/31/2017	74	20	20	29	N/A
9/30/2017	76	22	N/A	23	N/A
6/30/2017	75	22	N/A	30	N/A
3/31/2017	75	24	N/A	29	N/A
12/31/2016	75	23	N/A	25	N/A
9/30/2016	76	24	N/A	34	N/A
6/30/2016	78	25	N/A	32	N/A
3/31/2016	81	25	N/A	32	N/A
12/31/2015	82	29	N/A	34	N/A
9/30/2015	86	32	N/A	40	N/A
6/30/2015	87	33	N/A	43	N/A
3/31/2015	85	33	N/A	41	N/A
12/31/2014	84	32	N/A	37	N/A
9/30/2014	78	29	N/A	32	N/A
6/30/2014	76	27	N/A	30	N/A
3/31/2014	75	28	N/A	33	N/A
12/31/2013	74	27	N/A	31	N/A
9/30/2013	71	26	N/A	31	N/A
6/30/2013	70	26	N/A	31	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMG's forecast earnings growth (23.6% per year) is above the savings rate (2.1%).

Earnings vs Market: CMG's earnings (23.6% per year) are forecast to grow faster than the Canadian market (12.1% per year).

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

Revenue vs Market: CMG's revenue (19.4% per year) is forecast to grow faster than the Canadian market (6.7% per year).

High Growth Revenue: CMG's revenue (19.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CMG's Return on Equity is forecast to be high in 3 years time

Computer Modelling Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.7% to CA$10.13

Price target increased by 8.7% to CA$9.35

Consensus EPS estimates increase by 10%

Price target increased by 9.8% to CA$8.38

Price target increased by 16% to CA$7.20

Price target increased to CA$6.35

Recent updates

Vice Chairman of the Board recently sold CA$103k worth of stock

Vice Chairman of the Board recently sold CA$104k worth of stock

Insider exercised options to buy CA$547k worth of stock.

Independent Director exercised options to buy CA$561k worth of stock.

Vice Chairman of the Board recently sold CA$238k worth of stock

Upcoming dividend of CA$0.05 per share

Third quarter dividend of CA$0.05 announced

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Computer Modelling Group Ltd. Declares Quarterly Dividend, Payable on March 15, 2024

Vice Chairman of the Board recently sold CA$134k worth of stock

VP of Finance & CFO exercised options to buy CA$101k worth of stock.

Upcoming dividend of CA$0.05 per share at 2.0% yield

Insider recently sold CA$507k worth of stock

Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Computer Modelling Group Ltd. Declares Quarterly Cash Dividend, Payable on December 15, 2023

Price target increased by 8.7% to CA$10.13

Vice Chairman of the Board recently sold CA$95k worth of stock

A Look At The Intrinsic Value Of Computer Modelling Group Ltd. (TSE:CMG)

Vice Chairman of the Board recently sold CA$345k worth of stock

Price target increased by 8.7% to CA$9.35

Computer Modelling Group Ltd. (TSX:CMG) agreed to acquire Bluware Headwave Ventures Inc for $30 million.

Upcoming dividend of CA$0.05 per share at 2.4% yield

Computer Modelling Group (TSE:CMG) Is Paying Out A Dividend Of CA$0.05

Computer Modelling Group (TSE:CMG) May Have Issues Allocating Its Capital

Consensus EPS estimates increase by 10%

Price target increased by 9.8% to CA$8.38

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Computer Modelling Group Declares Quarterly Dividend, Payable on September 15, 2023

Computer Modelling Group Ltd. Elects Kiren Singh as Director

Computer Modelling Group Ltd. to Report Q4, 2024 Results on May 22, 2024

Computer Modelling Group (TSE:CMG) Will Pay A Dividend Of CA$0.05

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Computer Modelling Group Declares Quarterly Dividend, Payable on June 15, 2023

Vice Chairman of the Board recently sold CA$186k worth of stock

Vice Chairman of the Board recently sold CA$154k worth of stock

Upcoming dividend of CA$0.05 per share at 2.9% yield

Price target increased by 16% to CA$7.20

Computer Modelling Group Ltd. Declares Quarterly Dividend, Payable on March 15, 2023

Price target increased to CA$6.35

Vice Chairman of the Board recently sold CA$86k worth of stock

Upcoming dividend of CA$0.05 per share

Investor sentiment improved over the past week

Here's What's Concerning About Computer Modelling Group's (TSE:CMG) Returns On Capital

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Computer Modelling Group (TSE:CMG) Is Due To Pay A Dividend Of CA$0.05

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Computer Modelling Group Declares Quarterly Dividend, Payable on December 15, 2022

Computer Modelling Group Ltd. Appoints John Mortimer as Chief Technology Officer

Vice Chairman of the Board recently sold CA$76k worth of stock

Computer Modelling Group Announces Organizational Changes

Upcoming dividend of CA$0.05 per share

Computer Modelling Group's (TSE:CMG) Dividend Will Be CA$0.05

Computer Modelling Group (TSE:CMG) Will Pay A Dividend Of CA$0.05

First quarter 2023 earnings: EPS misses analyst expectations

Computer Modelling Group Ltd. Declares Quarterly Dividend, Payable on September 15, 2022

Computer Modelling Group Ltd. Elects Tina Antony as Director

Vice Chairman of the Board recently sold CA$1.1m worth of stock

Now 21% undervalued after recent price drop

Vice Chairman of the Board recently sold CA$99k worth of stock

Upcoming dividend of CA$0.05 per share

Computer Modelling Group's (TSE:CMG) Returns On Capital Not Reflecting Well On The Business

Now 22% undervalued after recent price drop

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Computer Modelling Group Ltd. Declares Quarterly Dividend, Payable on June 15, 2022

Computer Modelling Group Ltd. Announces Ryan Schneider Stepping Down as President and as A Director

Computer Modelling Group Ltd., Annual General Meeting, Jul 07, 2022

Upcoming dividend of CA$0.05 per share

Computer Modelling Group Ltd. to Report Q3, 2023 Results on Feb 10, 2023