DB:TE4A

Stock Analysis Report

Executive Summary

Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services computing products for high-performance computing, data analytics, and AI markets.

Snowflake

Fundamentals

Flawless balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has Cray's share price performed over time and what events caused price changes?


Latest Share Price and Events

Information is not available.


Market Performance


7 Day Return

-0.9%

TE4A

7.9%

DE Tech

0.03%

DE Market


1 Year Return

73.1%

TE4A

20.0%

DE Tech

9.9%

DE Market

Return vs Industry: TE4A exceeded the German Tech industry which returned 20% over the past year.

Return vs Market: TE4A exceeded the German Market which returned 9.9% over the past year.


Shareholder returns

TE4AIndustryMarket
7 Day-0.9%7.9%0.03%
30 Day-0.3%16.3%4.4%
90 Day2.5%19.3%13.6%
1 Year73.1%73.1%20.9%20.0%13.4%9.9%
3 Year48.1%48.1%128.6%123.8%25.6%14.6%
5 Year53.5%53.5%84.3%60.2%36.9%18.2%

Price Volatility Vs. Market

How volatile is Cray's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

5.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TE4A (€31.3) is trading above our estimate of fair value (€5.29)

Significantly Below Fair Value: TE4A is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TE4A is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: TE4A is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TE4A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TE4A is overvalued based on its PB Ratio (5.2x) compared to the XE Tech industry average (1.3x).


Next Steps

Future Growth

How is Cray forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

18.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TE4A's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if TE4A's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TE4A's revenue (18.3% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: TE4A's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TE4A's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cray performed over the past 5 years?

-67.7%

Historical annual earnings growth


Earnings and Revenue History

Information is not available.

Information is not available.


Past Earnings Growth Analysis

Earnings Trend: TE4A is unprofitable, and losses have increased over the past 5 years at a rate of -67.7% per year.

Accelerating Growth: Unable to compare TE4A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TE4A is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-14.9%).


Return on Equity

High ROE: TE4A has a negative Return on Equity (-38.99%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cray's financial position?


Financial Position Analysis

Short Term Liabilities: TE4A's short term assets ($340.9M) exceeds its short term liabilities ($118.1M)

Long Term Liabilities: TE4A's short term assets (340.9M) exceeds its long term liabilities (65.3M)


Debt to Equity History and Analysis

Debt Level: TE4A is debt free.

Reducing Debt: TE4A has not had any debt for past 5 years.

Debt Coverage: TE4A has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TE4A has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: TE4A has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TE4A's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate TE4A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TE4A's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TE4A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TE4A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TE4A's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

Peter Ungaro (50yo)

14.1yrs

Tenure

US$3,381,415

Compensation

Mr. Peter J. Ungaro has been the Chief Executive Officer and President of Cray Inc. since August 8, 2005 and March 2005 respectively. Mr. Ungaro served as Senior Vice President for sales, marketing and ser ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

4.6yrs

Average Tenure

51yo

Average Age

Experienced Management: TE4A's management team is considered experienced (4.6 years average tenure).


Board Age and Tenure

6.3yrs

Average Tenure

59yo

Average Age

Experienced Board: TE4A's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Information is not available.


Management Team

  • Brian Henry (62yo)

    CFO & Executive VP

    • Tenure: 14.3yrs
    • Compensation: US$1.44m
  • Peter Ungaro (50yo)

    CEO, President & Director

    • Tenure: 14.1yrs
    • Compensation: US$3.38m
  • Mike Piraino (51yo)

    Senior VP of Administration

    • Tenure: 4.2yrs
    • Compensation: US$960.08k
  • Steve Scott (53yo)

    CTO & Senior VP

    • Tenure: 5yrs
    • Compensation: US$823.62k
  • Fred Kohout

    Chief Marketing Officer & Senior VP

    • Tenure: 3.7yrs
  • Chuck Morreale (57yo)

    Senior Vice President of Field Operations

    • Tenure: 4.2yrs
    • Compensation: US$922.15k
  • John Josephakis

    Vice President of Worldwide Sales

    • Tenure: 6.1yrs
  • Charles Fairchild (50yo)

    Chief Accounting Officer

    • Tenure: 9.3yrs
  • Stathis Papaefstathiou (51yo)

    Senior Vice President of Research & Development

    • Tenure: 2.7yrs
    • Compensation: US$1.26m
  • John Dinning (51yo)

    Senior Vice President of Products

    • Tenure: 0.5yrs

Board Members

  • Brian Turner (59yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$179.23k
  • Steve Gold (58yo)

    Director

    • Tenure: 0.6yrs
  • Sally Narodick (73yo)

    Independent Director

    • Tenure: 14.9yrs
    • Compensation: US$178.79k
  • Stephen Kiely (73yo)

    Non-Executive Chairman & Lead Director

    • Tenure: 14.1yrs
    • Compensation: US$220.71k
  • Daniel Regis (79yo)

    Independent Director

    • Tenure: 16.4yrs
    • Compensation: US$193.95k
  • Peter Ungaro (50yo)

    CEO, President & Director

    • Tenure: 14.1yrs
    • Compensation: US$3.38m
  • Max Schireson (48yo)

    Director

    • Tenure: 5.2yrs
    • Compensation: US$185.16k
  • Prith Banerjee (59yo)

    Director

    • Tenure: 6.3yrs
    • Compensation: US$172.57k
  • Catriona Fallon (48yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$164.62k

Company Information

Cray Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cray Inc.
  • Ticker: TE4A
  • Exchange: DB
  • Founded: 1972
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: US$1.449b
  • Listing Market Cap: US$1.323b
  • Shares outstanding: 41.38m
  • Website: https://www.cray.com

Number of Employees


Location

  • Cray Inc.
  • 901 Fifth Avenue
  • Suite 1000
  • Seattle
  • Washington
  • 98164
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRAYNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 1995
TE4ADB (Deutsche Boerse AG)YesCommon StockDEEURSep 1995

Biography

Cray Inc., together with its subsidiaries, designs, develops, manufactures, markets, and services computing products for high-performance computing, data analytics, and AI markets. It operates through Supe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/25 21:27
End of Day Share Price2019/09/25 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.