Executive Summary
C-Com Satellite Systems Inc. develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. More Details
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet with poor track record.
Similar Companies
Share Price & News
How has C-Com Satellite Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0.4%
CMI
1.2%
CA Communications
1.0%
CA Market
1 Year Return
58.9%
CMI
-6.2%
CA Communications
-5.7%
CA Market
Return vs Industry: CMI exceeded the Canadian Communications industry which returned -5% over the past year.
Return vs Market: CMI exceeded the Canadian Market which returned -8% over the past year.
Shareholder returns
| CMI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | 1.2% | 1.0% |
| 30 Day | 1.1% | -3.8% | -2.6% |
| 90 Day | 30.0% | 9.0% | 5.5% |
| 1 Year | 62.8%58.9% | -4.2%-6.2% | -2.4%-5.7% |
| 3 Year | 188.8%160.0% | -14.1%-20.2% | 7.3%-3.0% |
| 5 Year | 239.9%177.7% | 3.0%-9.3% | 37.4%16.3% |
Price Volatility Vs. Market
How volatile is C-Com Satellite Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is C-Com Satellite Systems (CVE:CMI) Using Capital Effectively?2 weeks ago | Simply Wall St
Is C-Com Satellite Systems Inc. (CVE:CMI) An Attractive Dividend Stock?4 weeks ago | Simply Wall St
Did C-Com Satellite Systems Inc. (CVE:CMI) Insiders Sell Shares?Valuation
Is C-Com Satellite Systems undervalued compared to its fair value and its price relative to the market?
72.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CMI (CA$2.86) is trading above our estimate of fair value (CA$0.66)
Significantly Below Fair Value: CMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMI is poor value based on its PE Ratio (72.3x) compared to the CA Communications industry average (42.7x).
PE vs Market: CMI is poor value based on its PE Ratio (72.3x) compared to the Canadian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CMI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMI is overvalued based on its PB Ratio (5.2x) compared to the CA Communications industry average (1.4x).
Next Steps
Future Growth
How is C-Com Satellite Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
49.3%
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 C-Com Satellite Systems 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 C-Com Satellite Systems'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.
- C-Com Satellite Systems 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 C-Com Satellite Systems performed over the past 5 years?
9.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMI has a high level of non-cash earnings.
Growing Profit Margin: CMI's current net profit margins (13.9%) are lower than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: CMI's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: CMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CMI had negative earnings growth (-44.1%) over the past year, making it difficult to compare to the Communications industry average (-24%).
Return on Equity
High ROE: CMI's Return on Equity (7.1%) is considered low.
Next Steps
Financial Health
How is C-Com Satellite Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CMI's short term assets (CA$22.5M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: CMI's short term assets (CA$22.5M) exceed its long term liabilities (CA$225.6K).
Debt to Equity History and Analysis
Debt Level: CMI is debt free.
Reducing Debt: CMI has not had any debt for past 5 years.
Debt Coverage: CMI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CMI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is C-Com Satellite Systems's current dividend yield, its reliability and sustainability?
1.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMI's dividend (1.75%) is higher than the bottom 25% of dividend payers in the Canadian market (1.73%).
High Dividend: CMI's dividend (1.75%) is low compared to the top 25% of dividend payers in the Canadian market (5.9%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CMI has been paying a dividend for less than 10 years.
Growing Dividend: CMI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (126.4%), CMI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Leslie Klein
22.75yrs
Tenure
CA$448,996
Compensation
Dr. Leslie Klein, Ph.D., P.Eng. has been the Chief Executive Officer of C-com Satellite Systems Inc. since December 1997 and serves as its President. Dr. Klein has been a Director of C-com Satellite System ...
CEO Compensation Analysis
Compensation vs Market: Leslie's total compensation ($USD335.51K) is above average for companies of similar size in the Canadian market ($USD174.80K).
Compensation vs Earnings: Leslie's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 22.75yrs | CA$449.00k | 38.73% CA$ 43.1m | |
| Chief Technology Officer | no data | CA$198.28k | 1.56% CA$ 1.7m | |
| Vice President of Sales | 1.33yrs | CA$402.45k | 0% CA$ 0 | |
| Chief Financial Officer | 0.50yr | no data | 0.0032% CA$ 3.6k | |
| Marketing Manager | no data | no data | no data |
1.3yrs
Average Tenure
Experienced Management: CMI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 22.75yrs | CA$449.00k | 38.73% CA$ 43.1m | |
| Independent Director | 19.25yrs | CA$24.00k | 1.18% CA$ 1.3m | |
| Independent Director | 13.92yrs | CA$24.00k | 0.78% CA$ 870.0k | |
| Independent Director | 5.42yrs | CA$24.00k | 0.026% CA$ 29.0k |
16.6yrs
Average Tenure
Experienced Board: CMI's board of directors are seasoned and experienced ( 16.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CMI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
C-Com Satellite Systems Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: C-Com Satellite Systems Inc.
- Ticker: CMI
- Exchange: TSXV
- Founded: 1997
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: CA$111.192m
- Shares outstanding: 38.34m
- Website: https://www.c-comsat.com
Location
- C-Com Satellite Systems Inc.
- 2574 Sheffield Road
- Ottawa
- Ontario
- K1B 3V7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CMI | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Aug 2000 |
| CYSN.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Aug 2000 |
| D7F | BST (Boerse-Stuttgart) | Yes | Common Shares | DE | EUR | Aug 2000 |
Biography
C-Com Satellite Systems Inc. develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles. ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/28 23:58 |
| End of Day Share Price | 2020/09/28 00:00 |
| Earnings | 2020/05/31 |
| Annual Earnings | 2019/11/30 |
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.