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
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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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CMI's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CMI underperformed the Canadian Communications industry which returned 30% over the past year.
Return vs Market: CMI underperformed the Canadian Market which returned 30% over the past year.
Long-Term 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
3 days ago | Simply Wall StIs C-Com Satellite Systems Inc.'s (CVE:CMI) Stock Price Struggling As A Result Of Its Mixed Financials?
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In C-Com Satellite Systems Inc. (CVE:CMI)
1 month ago | Simply Wall StIt Might Not Be A Great Idea To Buy C-Com Satellite Systems Inc. (CVE:CMI) For Its Next Dividend
Is C-Com Satellite Systems 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: CMI (CA$2.54) is trading above our estimate of fair value (CA$0.94)
Significantly Below Fair Value: CMI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMI is good value based on its PE Ratio (56.9x) compared to the Canadian Communications industry average (59.4x).
PE vs Market: CMI is poor value based on its PE Ratio (56.9x) compared to the Canadian market (12.9x).
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 (4.3x) compared to the CA Communications industry average (2.2x).
How is C-Com Satellite Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has C-Com Satellite Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMI has a large one-off gain of CA$539.5K impacting its May 31 2021 financial results.
Growing Profit Margin: CMI's current net profit margins (18.6%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: CMI's earnings have grown by 12.6% per year over the past 5 years.
Accelerating Growth: CMI's earnings growth over the past year (20.6%) exceeds its 5-year average (12.6% per year).
Earnings vs Industry: CMI earnings growth over the past year (20.6%) exceeded the Communications industry -0.3%.
Return on Equity
High ROE: CMI's Return on Equity (7.5%) is considered low.
How is C-Com Satellite Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CMI's short term assets (CA$24.8M) exceed its short term liabilities (CA$639.7K).
Long Term Liabilities: CMI's short term assets (CA$24.8M) exceed its long term liabilities (CA$200.1K).
Debt to Equity History and Analysis
Debt Level: CMI is debt free.
Reducing Debt: CMI has not had any debt for past 5 years.
Debt Coverage: CMI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CMI has no debt, therefore coverage of interest payments is not a concern.
What is C-Com Satellite Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMI's dividend (1.97%) is higher than the bottom 25% of dividend payers in the Canadian market (1.63%).
High Dividend: CMI's dividend (1.97%) is low compared to the top 25% of dividend payers in the Canadian market (4.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CMI has been paying a dividend for less than 10 years.
Growing Dividend: CMI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (108.7%), CMI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Leslie Klein, Ph D., P.Eng. has been the Chief Executive Officer of C-com Satellite Systems Inc. since December 1997 and serves as its President. Dr. Klein has been a Director of C-com Satellite System...
CEO Compensation Analysis
Compensation vs Market: Leslie's total compensation ($USD569.49K) is above average for companies of similar size in the Canadian market ($USD162.10K).
Compensation vs Earnings: Leslie's compensation has increased by more than 20% in the past year.
Experienced Management: CMI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: CMI's board of directors are seasoned and experienced ( 17.6 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
C-Com Satellite Systems Inc.'s company bio, employee growth, exchange listings and data sources
- Name: C-Com Satellite Systems Inc.
- Ticker: CMI
- Exchange: TSXV
- Founded: 1997
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: CA$107.289m
- Shares outstanding: 40.49m
- Website: https://www.c-comsat.com
- C-Com Satellite Systems Inc.
- 2574 Sheffield Road
- K1B 3V7
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||2021/09/16 22:52|
|End of Day Share Price||2021/09/16 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.