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C-Com Satellite Systems

Market Cap

CA$107.3m

Last Updated

2021/09/16 22:52 UTC

Data Sources

Company Financials

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


Snowflake Analysis

Flawless balance sheet with proven 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 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.


Market Performance


7 Day Return

2.4%

CMI

0.8%

CA Communications

-0.2%

CA Market


1 Year Return

-7.6%

CMI

30.0%

CA Communications

29.1%

CA Market

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.


Shareholder returns

CMIIndustryMarket
7 Day2.4%0.8%-0.2%
30 Day-7.3%2.5%1.8%
90 Day-7.3%1.2%2.9%
1 Year-6.1%-7.6%32.2%30.0%33.0%29.1%
3 Year171.5%151.5%10.7%3.1%33.0%20.5%
5 Year201.1%154.0%31.3%14.0%51.6%29.3%

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

Valuation

Is C-Com Satellite Systems undervalued compared to its fair value and its price relative to the market?

56.94x

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).


Future Growth

How is C-Com Satellite Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

79.4%

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?

12.6%

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.


Financial Health

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.


Balance Sheet


Dividend

What is C-Com Satellite Systems's current dividend yield, its reliability and sustainability?

1.97%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure


CEO

Leslie Klein

23.75yrs

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 ($USD569.49K) is above average for companies of similar size in the Canadian market ($USD162.10K).

Compensation vs Earnings: Leslie's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CMI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: CMI's board of directors are seasoned and experienced ( 17.6 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 been diluted in the past year, with total shares outstanding growing by 5.3%.


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$107.289m
  • Shares outstanding: 40.49m
  • Website: https://www.c-comsat.com

Location

  • C-Com Satellite Systems Inc.
  • 2574 Sheffield Road
  • Ottawa
  • Ontario
  • K1B 3V7
  • Canada

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:52
End of Day Share Price2021/09/16 00:00
Earnings2021/05/31
Annual Earnings2020/11/30


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.