| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
CMI Stock Overview
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.
C-Com Satellite Systems Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$2.28 |
| 52 Week High | CA$4.48 |
| 52 Week Low | CA$1.96 |
| Beta | -0.12 |
| 1 Month Change | 3.64% |
| 3 Month Change | -11.63% |
| 1 Year Change | -17.39% |
| 3 Year Change | 91.60% |
| 5 Year Change | 140.00% |
| Change since IPO | 23.24% |
Recent News & Updates
Shareholder Returns
| CMI | CA Communications | CA Market | |
|---|---|---|---|
| 7D | 1.3% | -3.4% | 0.2% |
| 1Y | -17.4% | -7.4% | 18.2% |
Return vs Industry: CMI underperformed the Canadian Communications industry which returned -7.4% over the past year.
Return vs Market: CMI underperformed the Canadian Market which returned 18.2% over the past year.
Price Volatility
| CMI volatility | |
|---|---|
| CMI Average Weekly Movement | 6.0% |
| Communications Industry Average Movement | 6.1% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in CA Market | 17.5% |
| 10% least volatile stocks in CA Market | 3.7% |
Stable Share Price: CMI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CMI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Leslie Klein | https://www.c-comsat.com |
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. The company offers iNetVu, a proprietary mobile auto-deploying antenna for the delivery of satellite based Internet services into vehicles while stationary virtually anywhere one can drive, as well as for the transportable platforms. It also provides driveaway, flyaway, and fixed motorized antennas.
C-Com Satellite Systems Fundamentals Summary
| CMI fundamental statistics | |
|---|---|
| Market Cap | CA$92.89m |
| Earnings (TTM) | CA$1.44m |
| Revenue (TTM) | CA$8.95m |
64.6x
P/E Ratio10.4x
P/S RatioIs CMI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CMI income statement (TTM) | |
|---|---|
| Revenue | CA$8.95m |
| Cost of Revenue | CA$3.37m |
| Gross Profit | CA$5.57m |
| Expenses | CA$4.14m |
| Earnings | CA$1.44m |
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.035 |
| Gross Margin | 62.29% |
| Net Profit Margin | 16.07% |
| Debt/Equity Ratio | 0.0% |
How did CMI perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield138%
Payout RatioValuation
Is C-Com Satellite Systems undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CMI (CA$2.28) is trading below our estimate of fair value (CA$9.22)
Significantly Below Fair Value: CMI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CMI is poor value based on its PE Ratio (64.6x) compared to the North American Communications industry average (23.9x).
PE vs Market: CMI is poor value based on its PE Ratio (64.6x) compared to the Canadian market (13.2x).
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 (3.9x) compared to the CA Communications industry average (2.6x).
Future Growth
How is C-Com Satellite Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
89.8%
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.
Past Performance
How has C-Com Satellite Systems performed over the past 5 years?
11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMI has a large one-off gain of CA$539.5K impacting its August 31 2021 financial results.
Growing Profit Margin: CMI's current net profit margins (16.1%) are lower than last year (18.5%).
Past Earnings Growth Analysis
Earnings Trend: CMI's earnings have grown by 11.2% 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 (-30%) over the past year, making it difficult to compare to the Communications industry average (29.1%).
Return on Equity
High ROE: CMI's Return on Equity (6.1%) is considered low.
Financial Health
How is C-Com Satellite Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CMI's short term assets (CA$24.7M) exceed its short term liabilities (CA$937.0K).
Long Term Liabilities: CMI's short term assets (CA$24.7M) exceed its long term liabilities (CA$77.2K).
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
Dividend
What is C-Com Satellite Systems's current dividend yield, its reliability and sustainability?
2.19%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMI's dividend (2.19%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: CMI's dividend (2.19%) is low compared to the top 25% of dividend payers in the Canadian market (4.61%).
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 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (138%), 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?
1.8yrs
Average management tenure
CEO
Leslie Klein
24.08yrs
Tenure
CA$722,624
Compensation
Dr. Leslie Klein, Ph D., P.Eng. has been the Chief Executive Officer of C-com Satellite Systems Inc. since December 1997 and serves as its President. Dr. Klein has been a Director of C-com Satellite System...
CEO Compensation Analysis
Compensation vs Market: Leslie's total compensation ($USD577.70K) is above average for companies of similar size in the Canadian market ($USD160.35K).
Compensation vs Earnings: Leslie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: CMI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: CMI's board of directors are seasoned and experienced ( 17.9 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.
Top Shareholders
Company Information
C-Com Satellite Systems Inc.'s 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
- Implied Market Cap: CA$92.890m
- Shares outstanding: 40.74m
- Website: https://www.c-comsat.com
Location
- C-Com Satellite Systems Inc.
- 2574 Sheffield Road
- Ottawa
- Ontario
- K1B 3V7
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 23:40 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/08/31 |
| Annual Earnings | 2020/11/30 |
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.