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Cairo Communication

BST:CI1A
Snowflake Description

Very undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CI1A
BST
€381M
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Cairo Communication S.p.A., through its subsidiaries, operates as a multimedia publishing company in Italy. The last earnings update was 66 days ago. More info.


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CI1A Share Price and Events
Price Volatility
CI1A
Industry
5yr Volatility vs Market

CI1A Value

 Is Cairo Communication undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cairo Communication to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cairo Communication.

BST:CI1A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:CI1A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 9.5%
Media Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.602 (1 + (1- 24%) (91.64%))
1.02
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.54% + (1.02 * 9.46%)
10.19%

Discounted Cash Flow Calculation for BST:CI1A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cairo Communication is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:CI1A DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (EUR, Millions) 85.12 86.88 102.51 119.94 139.13
Source Analyst x2 Analyst x2 Est @ 18%, capped from 40.77% Est @ 17%, capped from 40.77% Est @ 16%, capped from 40.77%
Present Value
Discounted (@ 10.19%)
77.24 71.55 76.62 81.35 85.63
Present value of next 5 years cash flows €392.39
BST:CI1A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= €139.13 × (1 + 0.54%) ÷ (10.19% – 0.54%)
€1,449.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= €1,449.36 ÷ (1 + 10.19%)5
€892.06
BST:CI1A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= €392.39 + €892.06
€1,284.45
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,284.45 / 134.42
€10.3
BST:CI1A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:CI1A represents 1.07802x of BIT:CAI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.07802x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 9.56 x 1.07802
€10.30
Value per share (EUR) From above. €10.30
Current discount Discount to share price of €3.04
= -1 x (€3.04 - €10.30) / €10.30
70.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Cairo Communication is available for.
Intrinsic value
>50%
Share price is €3.04 vs Future cash flow value of €10.3
Current Discount Checks
For Cairo Communication to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cairo Communication's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cairo Communication's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cairo Communication's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cairo Communication's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:CI1A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €0.46
BIT:CAI Share Price ** BIT (2018-07-19) in EUR €2.82
Germany Media Industry PE Ratio Median Figure of 10 Publicly-Listed Media Companies 23.18x
Germany Market PE Ratio Median Figure of 407 Publicly-Listed Companies 18.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cairo Communication.

BST:CI1A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BIT:CAI Share Price ÷ EPS (both in EUR)

= 2.82 ÷ 0.46

6.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cairo Communication is good value based on earnings compared to the DE Media industry average.
  • Cairo Communication is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Cairo Communication's expected growth come at a high price?
Raw Data
BST:CI1A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
11.4%per year
Germany Media Industry PEG Ratio Median Figure of 6 Publicly-Listed Media Companies 1.07x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.37x

*Line of best fit is calculated by linear regression .

BST:CI1A PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.14x ÷ 11.4%

0.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cairo Communication is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Cairo Communication's assets?
Raw Data
BST:CI1A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €3.03
BIT:CAI Share Price * BIT (2018-07-19) in EUR €2.82
Germany Media Industry PB Ratio Median Figure of 13 Publicly-Listed Media Companies 3.67x
Germany Market PB Ratio Median Figure of 547 Publicly-Listed Companies 1.86x
BST:CI1A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BIT:CAI Share Price ÷ Book Value per Share (both in EUR)

= 2.82 ÷ 3.03

0.93x

* Primary Listing of Cairo Communication.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cairo Communication is good value based on assets compared to the DE Media industry average.
X
Value checks
We assess Cairo Communication's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Cairo Communication has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CI1A Future Performance

 How is Cairo Communication expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cairo Communication expected to grow at an attractive rate?
  • Cairo Communication's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Cairo Communication's earnings growth is expected to exceed the Germany market average.
  • Cairo Communication's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:CI1A Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:CI1A Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 11.4%
BST:CI1A Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 0.6%
Germany Media Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Germany Media Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:CI1A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:CI1A Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,210 171 75 2
2019-12-31 1,189 167 63 3
2018-12-31 1,198 140 53 3
BST:CI1A Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 1,181 120 62
2018-03-31 1,149 57
2017-12-31 1,135 98 52
2017-09-30 1,163 34
2017-06-30 1,056 69 37
2017-03-31 797 18
2016-12-31 583 56 22
2016-09-30 316 10
2016-06-30 236 11 10
2016-03-31 235 11
2015-12-31 236 14 11
2015-09-30 241 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Cairo Communication's earnings are expected to grow by 11.4% yearly, however this is not considered high growth (20% yearly).
  • Cairo Communication's revenue is expected to grow by 0.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:CI1A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Cairo Communication Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:CI1A Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.41 0.56 0.27 2.00
2019-12-31 0.42 0.58 0.31 3.00
2018-12-31 0.37 0.41 0.33 3.00
BST:CI1A Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 0.46
2018-03-31
2017-12-31 0.39
2017-09-30
2017-06-30 0.23
2017-03-31
2016-12-31 0.16
2016-09-30
2016-06-30 0.12
2016-03-31
2015-12-31 0.14
2015-09-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Cairo Communication is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Cairo Communication's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cairo Communication has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CI1A Past Performance

  How has Cairo Communication performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cairo Communication's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cairo Communication's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Cairo Communication's 1-year earnings growth exceeds its 5-year average (65.4% vs -10.9%)
  • Cairo Communication's earnings growth has exceeded the DE Media industry average in the past year (65.4% vs 8.1%).
Earnings and Revenue History
Cairo Communication's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cairo Communication Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:CI1A Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1,181.20 61.70 63.80
2018-03-31 1,148.90 57.40 60.90
2017-12-31 1,135.30 52.00 60.90
2017-09-30 1,162.90 33.50 60.10
2017-06-30 1,056.30 37.30 53.50
2017-03-31 796.90 17.60 30.30
2016-12-31 583.30 21.50 30.30
2016-09-30 316.50 9.80 20.40
2016-06-30 236.24 9.74 13.29
2016-03-31 235.37 10.87 20.40
2015-12-31 236.00 11.10 20.40
2015-09-30 241.00 11.47 22.81
2015-06-30 244.35 14.75 23.92
2015-03-31 248.69 20.81 22.81
2014-12-31 252.19 23.79 22.81
2014-09-30 256.09 25.01 17.83
2014-06-30 257.00 25.09 30.43
2014-03-31 258.76 75.34 17.83
2013-12-31 257.50 74.20 17.83
2013-09-30 253.97 73.53 2.65
2013-06-30 255.56 72.26 1.40
2013-03-31 262.38 17.79 2.65
2012-12-31 280.24 18.76 2.65
2012-09-30 294.24 21.03 2.29
2012-06-30 298.34 23.03 2.46
2012-03-31 298.47 24.43 2.29
2011-12-31 284.12 23.46 2.29

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Cairo Communication has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Cairo Communication used its assets less efficiently than the DE Media industry average last year based on Return on Assets.
  • Cairo Communication has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Cairo Communication's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cairo Communication has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CI1A Health

 How is Cairo Communication's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cairo Communication's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cairo Communication's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cairo Communication's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cairo Communication's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cairo Communication Company Filings, last reported 3 months ago.

BST:CI1A Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 676.90 349.20 105.10
2018-03-31 647.00 356.20 121.60
2017-12-31 642.40 392.10 129.00
2017-09-30 585.60 433.70 125.90
2017-06-30 589.80 464.50 118.90
2017-03-31 381.80 476.90 131.40
2016-12-31 565.80 478.60 126.00
2016-09-30 363.18 493.59 134.26
2016-06-30 104.37 17.50 113.97
2016-03-31 117.90 18.75 127.34
2015-12-31 116.30 20.00 125.80
2015-09-30 112.15 21.25 131.77
2015-06-30 111.01 22.50 133.56
2015-03-31 128.28 23.75 157.25
2014-12-31 126.35 25.00 149.06
2014-09-30 121.96 25.00 156.95
2014-06-30 117.54 0.00 152.51
2014-03-31 129.59 46.55 175.96
2013-12-31 124.67 0.00 172.92
2013-09-30 111.76 0.00 185.26
2013-06-30 112.26 0.00 178.52
2013-03-31 64.13 6.23 68.74
2012-12-31 60.35 0.00 61.23
2012-09-30 65.15 0.00 69.46
2012-06-30 61.92 0.00 57.27
2012-03-31 68.47 5.90 72.32
2011-12-31 63.73 0.00 54.70
  • Cairo Communication's level of debt (51.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 51.6% today).
  • Debt is well covered by operating cash flow (34.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 14.8x coverage).
X
Financial health checks
We assess Cairo Communication's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cairo Communication has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CI1A Dividends

 What is Cairo Communication's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.55%
Current annual income from Cairo Communication dividends. Estimated to be 6.05% next year.
If you bought €2,000 of Cairo Communication shares you are expected to receive €71 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Cairo Communication's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.51%).
  • Cairo Communication's dividend is below the markets top 25% of dividend payers in Germany (3.82%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:CI1A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Germany Media Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 5.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:CI1A Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.19 3.00
2019-12-31 0.17 3.00
2018-12-31 0.16 3.00
BST:CI1A Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-04-27 0.100 3.089
2018-03-26 0.100 2.742
2017-03-31 0.050 1.256
2017-03-27 0.050 1.132
2016-02-12 0.200 5.006
2015-02-13 0.270 5.849
2014-04-08 0.270 4.787
2014-03-11 0.270 3.885
2013-08-09 0.000 0.000
2013-08-07 0.000 0.000
2013-04-08 0.270 8.352
2013-02-14 0.270 9.798
2012-05-10 0.300 11.630
2011-11-11 0.300 9.778
2011-11-10 0.300 10.264
2011-08-05 0.300 11.347
2011-07-29 0.300 10.597
2011-04-04 0.250 8.233
2011-02-11 0.250 8.252
2010-04-12 0.200 7.653
2010-02-12 0.200 7.042
2009-05-11 0.200 8.630
2009-03-16 0.200 9.986
2008-10-16 0.400 20.452

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Cairo Communication's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess Cairo Communication's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cairo Communication afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cairo Communication has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CI1A Management

 What is the CEO of Cairo Communication's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Uberto Fornara, image provided by Google.
Uberto Fornara
COMPENSATION €755,000
AGE 59
CEO Bio

Dr. Uberto Fornara serves as the Chief Executive Officer and Managing Director of Cairo Communication SpA. Dr. Fornara has worked within the Group since its inception, having previously gained significant experience in the publishing segment with Publitalia '80 from 1998 and then in Mondadori Pubblicità, of which he served as Director of Customer Service since 1994. He serves as Vice-Chairman of Cairo Communication SpA and has been its Executive Director since April 22, 1999. Dr. Fornara is a graduate in Business Administration from the Bocconi University.

CEO Compensation
  • Uberto's compensation has been consistent with company performance over the past year.
Management Team

Urbano Cairo

TITLE
Chairman
COMPENSATION
€1M
AGE
61

Uberto Fornara

TITLE
Vice Chairman
COMPENSATION
€755K
AGE
59

Marco Pompignoli

TITLE
CFO, Financial Reporting Manager & Executive Director
COMPENSATION
€895K
AGE
51
TENURE
18.3 yrs

Marco Bisceglia

TITLE
Secretary & Chairman of Supervisory Board

Ezio Micheli

TITLE
Internal Control Manager & Member of Supervisory Board
Board of Directors Tenure

Average tenure and age of the Cairo Communication board of directors in years:

16.7
Average Tenure
60
Average Age
  • The average tenure for the Cairo Communication board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Urbano Cairo

TITLE
Chairman
COMPENSATION
€1M
AGE
61

Uberto Fornara

TITLE
Vice Chairman
COMPENSATION
€755K
AGE
59

Marco Pompignoli

TITLE
CFO, Financial Reporting Manager & Executive Director
COMPENSATION
€895K
AGE
51
TENURE
15.4 yrs

Roberto Rezzonico

TITLE
Independent Director
COMPENSATION
€34K
AGE
77
TENURE
17.9 yrs

Antonio Magnocavallo

TITLE
Non-Executive Director
COMPENSATION
€34K
AGE
81
TENURE
18.4 yrs

Marco Moroni

TITLE
Chairman of Statutory Auditors
COMPENSATION
€55K
AGE
55

Marco Janni

TITLE
Lead Independent Director
COMPENSATION
€28K
AGE
81

Roberto Cairo

TITLE
Non-Executive Director
COMPENSATION
€20K
AGE
53
TENURE
19.5 yrs

Mauro Sala

TITLE
Independent Director
COMPENSATION
€33K
AGE
74
TENURE
7.5 yrs

Laura Cairo

TITLE
Non-Executive Director
COMPENSATION
€20K
AGE
45
TENURE
4.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Value (USD)
X
Management checks
We assess Cairo Communication's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cairo Communication has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CI1A News

External News
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Simply Wall St News

CI1A Company Info

Map
Description

Cairo Communication S.p.A., through its subsidiaries, operates as a multimedia publishing company in Italy. The company publishes periodicals, books, and magazines. It is also involved in television publishing on digital terrestrial platforms and satellite platforms. In addition, the company operates as a concessionaire for the sale of advertising space in various media, such as commercial television, digital pay TV, print media, and the Internet; and offers audiovisual media services. Further, it provides application services, including development of Web applications and search systems for portals; and development of e-commerce solutions for the design and creation of Websites. The company is based in Milan, Italy.

Details
Name: Cairo Communication S.p.A.
CI1A
Exchange: BST
Founded:
€381,068,846
134,415,819
Website: http://www.cairocommunication.it
Address: Cairo Communication S.p.A.
Corso Magenta 55,
Milan,
Milan, 20123,
Italy
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BIT CAI Common Stock Borsa Italiana IT EUR 19. Jul 2000
DB CI1A Common Stock Deutsche Boerse AG DE EUR 19. Jul 2000
BST CI1A Common Stock Boerse-Stuttgart DE EUR 19. Jul 2000
LSE 0N7I Common Stock London Stock Exchange GB EUR 19. Jul 2000
BATS-CHIXE CAIM Common Stock BATS 'Chi-X Europe' GB EUR 19. Jul 2000
Number of employees
Current staff
Staff numbers
0
Cairo Communication employees.
Industry
Advertising
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/10/15 18:08
End of day share price update: 2018/07/19 00:00
Last estimates confirmation: 2018/08/31
Last earnings filing: 2018/08/10
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.