Computer Modelling Group Future Growth

Future criteria checks 4/6

Computer Modelling Group is forecast to grow earnings and revenue by 35.5% and 12.8% per annum respectively while EPS is expected to grow by 25.9% per annum.

Key information

35.5%

Earnings growth rate

25.9%

EPS growth rate

Software earnings growth	27.1%
Revenue growth rate	12.8%
Future return on equity	n/a
Analyst coverage	Good
Last updated	23 Jan 2025

Recent future growth updates

Recent updates

Computer Modelling Group's (TSE:CMG) Conservative Accounting Might Explain Soft Earnings

Nov 19

Investors Could Be Concerned With Computer Modelling Group's (TSE:CMG) Returns On Capital

Nov 14

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

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
3/31/2027	166	N/A	N/A	43	1
3/31/2026	155	35	41	40	7
3/31/2025	134	26	31	29	6
9/30/2024	125	21	27	28	N/A
6/30/2024	118	23	42	43	N/A
3/31/2024	109	26	35	36	N/A
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	N/A	24	N/A
3/31/2018	75	21	N/A	31	N/A
12/31/2017	74	20	N/A	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMG's forecast earnings growth (35.5% per year) is above the savings rate (2.3%).

Earnings vs Market: CMG's earnings (35.5% per year) are forecast to grow faster than the Canadian market (16.1% per year).

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

Revenue vs Market: CMG's revenue (12.8% per year) is forecast to grow faster than the Canadian market (4.6% per year).

High Growth Revenue: CMG's revenue (12.8% 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

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 13:58
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Computer Modelling Group Ltd. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nick Corcoran	Acumen Capital Finance Partners Limited
Jason Sawatzky	ATB Capital Markets
John Gibson	BMO Capital Markets Equity Research

Computer Modelling Group Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 7.7% to CA$13.14

Price target increased by 7.5% to CA$12.58

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

Recent updates

Vice Chairman of the Board recently sold CA$207k worth of stock

Insider recently sold CA$539k worth of stock

Insider recently sold CA$504k worth of stock

VP of Finance & CFO exercised options and sold CA$1.6m worth of stock

Upcoming dividend of CA$0.05 per share

Insider recently sold CA$153k worth of stock

Computer Modelling Group's (TSE:CMG) Conservative Accounting Might Explain Soft Earnings

Investor sentiment deteriorates as stock falls 16%

Second quarter dividend of CA$0.05 announced

Second quarter 2025 earnings: EPS and revenues miss analyst expectations

Investors Could Be Concerned With Computer Modelling Group's (TSE:CMG) Returns On Capital

Computer Modelling Group Ltd. (TSX:CMG) acquired Sharp Reflections GmbH.

High number of new directors

Computer Modelling Group Ltd. Launches Focus CCS to Accelerate Validation of CO2 Storage Sites

New minor risk - Dividend sustainability

Insider recently sold CA$322k worth of stock

Independent Director exercised options to buy CA$278k worth of stock.

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

First quarter dividend of CA$0.05 announced

New minor risk - Profit margin trend

Computer Modelling Group Ltd.'s (TSE:CMG) Price Is Out Of Tune With Earnings

Computer Modelling Group Announces First Quarter Dividend, Payable on September 13, 2024

Computer Modelling Group Ltd., Annual General Meeting, Sep 05, 2024

Insider exercised options to buy CA$2.3m worth of stock.

VP of Finance & CFO exercised options to buy CA$695k worth of stock.

Price target increased by 7.7% to CA$13.14

Price target increased by 7.5% to CA$12.58

Investor sentiment improves as stock rises 20%

Insider recently sold CA$609k worth of stock

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

Fourth quarter dividend of CA$0.05 announced

Full year 2024 earnings released: EPS: CA$0.32 (vs CA$0.25 in FY 2023)

Computer Modelling Group Ltd. Announces Changes to Board of Directors

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