BME:CMM

Stock Analysis Report

Executive Summary

Commcenter, S.A. provides voice and data solutions for companies, professionals, and individuals in Spain.

Snowflake

Fundamentals

Good value with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: CMM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CMM

-1.2%

ES Electronic

-2.5%

ES Market


1 Year Return

-21.7%

CMM

21.5%

ES Electronic

1.9%

ES Market

Return vs Industry: CMM underperformed the Spanish Electronic industry which returned 21.5% over the past year.

Return vs Market: CMM underperformed the Spanish Market which returned 1.9% over the past year.


Shareholder returns

CMMIndustryMarket
7 Day0%-1.2%-2.5%
30 Day0%8.8%-1.4%
90 Day0%13.3%4.5%
1 Year-21.7%-21.7%23.6%21.5%5.6%1.9%
3 Year-37.3%-37.3%48.5%41.8%17.0%6.1%
5 Year-42.5%-43.7%106.5%89.0%10.0%-9.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

14.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CMM (€0.94) is trading below our estimate of fair value (€1.1)

Significantly Below Fair Value: CMM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CMM is good value based on its PE Ratio (-13.6x) compared to the Electronic industry average (18.6x).

PE vs Market: CMM is good value based on its PE Ratio (-13.6x) compared to the Spanish market (16.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CMM is good value based on its PB Ratio (0.8x) compared to the XE Electronic industry average (2x).


Next Steps

Future Growth

How is Commcenter forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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 Commcenter 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.


Next Steps

Past Performance

How has Commcenter performed over the past 5 years?

-23.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMM has large one-off items impacting its financial results.

Growing Profit Margin: CMM's current net profit margins (0.3%) are higher than last year (-0.8%).


Past Earnings Growth Analysis

Earnings Trend: CMM's earnings have declined by -23.8% per year over the past 5 years.

Accelerating Growth: Insufficient data to compare CMM's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if CMM's earnings growth over the past year exceeded the Electronic industry average.


Return on Equity

High ROE: CMM's Return on Equity (2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Commcenter's financial position?


Financial Position Analysis

Short Term Liabilities: CMM's short term assets (€12.0M) do not cover its short term liabilities (€17.0M)

Long Term Liabilities: CMM's short term assets (12.0M) exceeds its long term liabilities (2.0M)


Debt to Equity History and Analysis

Debt Level: CMM's debt to equity ratio (184.2%) is considered high

Reducing Debt: CMM's debt to equity ratio has increased from 73% to 184.2% over the past 5 years.

Debt Coverage: CMM's debt is well covered by operating cash flow (27.6%).

Interest Coverage: Insufficient data to determine if CMM's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: CMM's debt is covered by short term assets (assets are 1x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%5.6%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CMM'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 CMM's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: CMM is not paying a notable dividend for the Spanish market.


Future Payout to Shareholders

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


Next Steps

Management

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


CEO

Commcenter has no CEO, or we have no data on them.


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

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


Management Team


    Board Members

    • Jose Luis Otero Barros

      Chairman

      • Tenure: 0yrs
    • Juan Antonio Osaba Arena

      Director

      • Tenure: 0yrs
    • Jose Maria Espiño Varela

      Director

      • Tenure: 0yrs
    • Jesus Angel Munilla Saenz

      Director

      • Tenure: 0yrs
    • Federico Cañas Garcia-Rojo

      Director

      • Tenure: 0yrs
    • Fernand Lopez Santo Tomas

      Director

      • Tenure: 0yrs
    • Eric Ragnar Granberg

      Director

      • Tenure: 0yrs

    Company Information

    Commcenter, S.A.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: Commcenter, S.A.
    • Ticker: CMM
    • Exchange: BME
    • Founded:
    • Industry: Technology Distributors
    • Sector: Tech
    • Market Cap: €5.537m
    • Shares outstanding: 5.89m
    • Website: https://www.commcenter.es

    Number of Employees


    Location

    • Commcenter, S.A.
    • Avda. Do Ferrocarril
    • 74 bajo
    • A Coruña
    • Galicia
    • 15008
    • Spain

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    CMMBME (Bolsas y Mercados Espanoles)YesShare CapitalESEURDec 2010

    Biography

    Commcenter, S.A. provides voice and data solutions for companies, professionals, and individuals in Spain. The company offers fixed connectivity products, such as individual lines, ISDN and ADSL products,  ...


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2019/11/14 21:18
    End of Day Share Price2019/11/14 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.