COK

CancomXTRA:COK Stock Report

Market Cap

€2.0b

7D

-5.8%

1Y

15.4%

Updated

19 Sep, 2021

Data

Company Financials +
COK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

COK Overview

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany, Austria, the United Kingdom, Ireland, Belgium, Switzerland, and the United States.

Cancom Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cancom
Historical stock prices
Current Share Price€53.08
52 Week High€32.98
52 Week Low€57.66
Beta1.44
1 Month Change-0.26%
3 Month Change8.28%
1 Year Change15.39%
3 Year Change34.24%
5 Year Change132.12%
Change since IPO1,504.43%

Recent News & Updates

Jun 18
Cancom's (ETR:COK) Returns On Capital Not Reflecting Well On The Business

Cancom's (ETR:COK) Returns On Capital Not Reflecting Well On The Business

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...

May 15
Some Analysts Just Cut Their Cancom SE (ETR:COK) Estimates

Some Analysts Just Cut Their Cancom SE (ETR:COK) Estimates

One thing we could say about the analysts on Cancom SE ( ETR:COK ) - they aren't optimistic, having just made a major...

Shareholder Returns

COKDE ITDE Market
7D-5.8%-0.1%-1.2%
1Y15.4%22.0%22.4%

Return vs Industry: COK underperformed the German IT industry which returned 22% over the past year.

Return vs Market: COK underperformed the German Market which returned 22.4% over the past year.

Price Volatility

Is COK's price volatile compared to industry and market?
COK volatility
COK Beta1.44
Industry Beta1.16
Market Beta1

Stable Share Price: COK is not significantly more volatile than the rest of German stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: COK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19924,102Rudi Hotterhttps://www.cancom.de

CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany, Austria, the United Kingdom, Ireland, Belgium, Switzerland, and the United States. The company operates through Cloud Solutions and IT Solutions segments. The Cloud Solutions segment provides cloud and shared managed services, including project-related cloud hardware, software, and services.

Valuation

Is Cancom undervalued compared to its fair value and its price relative to the market?

30.32x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: COK (€53.08) is trading above our estimate of fair value (€32.27)

Significantly Below Fair Value: COK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: COK is good value based on its PE Ratio (30.3x) compared to the German IT industry average (38x).

PE vs Market: COK is poor value based on its PE Ratio (30.3x) compared to the German market (23x).


Price to Earnings Growth Ratio

PEG Ratio: COK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: COK is good value based on its PB Ratio (3.2x) compared to the DE IT industry average (4x).


Future Growth

How is Cancom forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-57.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: COK's earnings are forecast to decline over the next 3 years (-57.5% per year).

Earnings vs Market: COK's earnings are forecast to decline over the next 3 years (-57.5% per year).

High Growth Earnings: COK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: COK's revenue (5.3% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: COK's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: COK's Return on Equity is forecast to be low in 3 years time (6.2%).


Past Performance

How has Cancom performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: COK has a large one-off gain of €21.7M impacting its June 30 2021 financial results.

Growing Profit Margin: COK's current net profit margins (3.9%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: COK's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: COK's earnings growth over the past year (129.2%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: COK earnings growth over the past year (129.2%) exceeded the IT industry 35.1%.


Return on Equity

High ROE: COK's Return on Equity (10.5%) is considered low.


Financial Health

How is Cancom's financial position?


Financial Position Analysis

Short Term Liabilities: COK's short term assets (€742.6M) exceed its short term liabilities (€462.2M).

Long Term Liabilities: COK's short term assets (€742.6M) exceed its long term liabilities (€136.9M).


Debt to Equity History and Analysis

Debt Level: COK's debt to equity ratio (0.03%) is considered satisfactory.

Reducing Debt: COK's debt to equity ratio has reduced from 20.1% to 0.03% over the past 5 years.

Debt Coverage: COK's debt is well covered by operating cash flow (78770.7%).

Interest Coverage: COK's interest payments on its debt are well covered by EBIT (42.4x coverage).


Balance Sheet


Dividend

What is Cancom current dividend yield, its reliability and sustainability?

1.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: COK's dividend (1.41%) is higher than the bottom 25% of dividend payers in the German market (0.97%).

High Dividend: COK's dividend (1.41%) is low compared to the top 25% of dividend payers in the German market (3.17%).


Stability and Growth of Payments

Stable Dividend: COK's dividends per share have been stable in the past 10 years.

Growing Dividend: COK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.8%), COK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: COK's dividends in 3 years are forecast to be well covered by earnings (46.9% payout ratio).


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Rudi Hotter

1.58yrs

Tenure

€3,371,953

Compensation

Dipl. Betriebswirt Rudolf Hotter, also known as Rudi, MBA, has been Chief Executive Officer of Cancom SE since February 1, 2020 and has been its Chairman of Executive Board since February 1, 2020. Dipl. Ho...


CEO Compensation Analysis

Compensation vs Market: Rudi's total compensation ($USD3.96M) is above average for companies of similar size in the German market ($USD2.08M).

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


Leadership Team

Experienced Management: COK's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: COK's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cancom SE's employee growth, exchange listings and data sources


Key Information

  • Name: Cancom SE
  • Ticker: COK
  • Exchange: XTRA
  • Founded: 1992
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €2.046b
  • Shares outstanding: 38.55m
  • Website: https://www.cancom.de

Number of Employees


Location

  • Cancom SE
  • Erika-Mann-Strasse 69
  • Munich
  • Bavaria
  • 80636
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:37
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.