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CER

CerillionAIM:CER Stock Report

Market Cap

UK£243.5m

7D

0%

1Y

129.2%

Updated

02 Dec, 2021

Data

Company Financials +
CER fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends2/6

CER Stock Overview

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications, finance, utilities, and transportation sectors in the United Kingdom and internationally.

Cerillion Competitors

Tecnotree Oyj

HLSE:TEM1V

€390.6m

Comarch

WSE:CMR

zł1.7b

MIND C.T.I

NasdaqGM:MNDO

US$60.2m

Price History & Performance

Summary of all time highs, changes and price drops for Cerillion
Historical stock prices
Current Share PriceUK£8.25
52 Week HighUK£9.25
52 Week LowUK£3.51
Beta1.47
1 Month Change2.48%
3 Month Change10.74%
1 Year Change129.17%
3 Year Change476.92%
5 Year Change557.37%
Change since IPO937.74%

Recent News & Updates

Nov 24
Cerillion's (LON:CER) Upcoming Dividend Will Be Larger Than Last Year's

Cerillion's (LON:CER) Upcoming Dividend Will Be Larger Than Last Year's

Cerillion Plc ( LON:CER ) will increase its dividend on the 8th of February to UK£0.05. Despite this raise, the...

Sep 04
Estimating The Intrinsic Value Of Cerillion Plc (LON:CER)

Estimating The Intrinsic Value Of Cerillion Plc (LON:CER)

Does the September share price for Cerillion Plc ( LON:CER ) reflect what it's really worth? Today, we will estimate...

Jul 28
Cerillion (LON:CER) Is Very Good At Capital Allocation

Cerillion (LON:CER) Is Very Good At Capital Allocation

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

CERGB SoftwareGB Market
7D0%0.2%-1.1%
1Y129.2%18.0%11.6%

Return vs Industry: CER exceeded the UK Software industry which returned 18% over the past year.

Return vs Market: CER exceeded the UK Market which returned 11.6% over the past year.

Price Volatility

Is CER's price volatile compared to industry and market?
CER volatility
CER Average Weekly Movement4.0%
Software Industry Average Movement4.8%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.6%

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

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

About the Company

FoundedEmployeesCEOWebsite
1999233Louis Hallhttps://www.cerillion.com

Cerillion Plc provides software for billing, charging, and customer relationship management (CRM) to the telecommunications, finance, utilities, and transportation sectors in the United Kingdom and internationally. It operates through four segments: Services, Software, Software-as-a-Service (SaaS), and Third-Party. The company offers Cerillion Enterprise BSS/OSS Suite, a pre-integrated end-to-end CRM and billing solution for mobile, fixed, cable, and multi-service communications providers; and Cerillion Skyline, a cloud billing SaaS application for the next generation of subscription and usage-based services.

Cerillion Fundamentals Summary

How do Cerillion's earnings and revenue compare to its market cap?
CER fundamental statistics
Market CapUK£243.49m
Earnings (TTM)UK£6.43m
Revenue (TTM)UK£26.07m

37.9x

P/E Ratio

9.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CER income statement (TTM)
RevenueUK£26.07m
Cost of RevenueUK£5.66m
Gross ProfitUK£20.41m
ExpensesUK£13.98m
EarningsUK£6.43m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin78.28%
Net Profit Margin24.65%
Debt/Equity Ratio0%

How did CER perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

33%

Payout Ratio

Does CER pay a reliable dividends?

See CER dividend history and benchmarks
When do you need to buy CER by to receive an upcoming dividend?
Cerillion dividend dates
Ex Dividend DateDec 30 2021
Dividend Pay DateFeb 08 2022
Days until Ex dividend27 days
Days until Dividend pay date67 days

Does CER pay a reliable dividends?

See CER dividend history and benchmarks

Valuation

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

23.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CER (£8.25) is trading below our estimate of fair value (£10.81)

Significantly Below Fair Value: CER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CER is good value based on its PE Ratio (37.9x) compared to the UK Software industry average (53.1x).

PE vs Market: CER is poor value based on its PE Ratio (37.9x) compared to the UK market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CER is overvalued based on its PB Ratio (12.1x) compared to the GB Software industry average (4x).


Future Growth

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

16.4%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CER's forecast earnings growth is above the savings rate (0.9%).

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

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

Revenue vs Market: CER's revenue (16.4% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: CER's revenue (16.4% 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 CER's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Cerillion performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CER has high quality earnings.

Growing Profit Margin: CER's current net profit margins (24.7%) are higher than last year (12.5%).


Past Earnings Growth Analysis

Earnings Trend: CER's earnings have grown significantly by 32% per year over the past 5 years.

Accelerating Growth: CER's earnings growth over the past year (146.3%) exceeds its 5-year average (32% per year).

Earnings vs Industry: CER earnings growth over the past year (146.3%) exceeded the Software industry 11%.


Return on Equity

High ROE: CER's Return on Equity (31.8%) is considered high.


Financial Health

How is Cerillion's financial position?


Financial Position Analysis

Short Term Liabilities: CER's short term assets (£23.4M) exceed its short term liabilities (£10.3M).

Long Term Liabilities: CER's short term assets (£23.4M) exceed its long term liabilities (£5.1M).


Debt to Equity History and Analysis

Debt Level: CER is debt free.

Reducing Debt: CER has no debt compared to 5 years ago when its debt to equity ratio was 35.3%.

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

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


Balance Sheet


Dividend

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

0.86%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 03 2021Ex Dividend DateDec 30 2021Dividend Pay DateFeb 08 202240 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CER's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.36%).

High Dividend: CER's dividend (0.86%) is low compared to the top 25% of dividend payers in the UK market (4.14%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CER has been paying a dividend for less than 10 years.

Growing Dividend: CER's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.6%), CER's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CER's dividends in 3 years are forecast to be well covered by earnings (27.2% payout ratio).


Next Steps

Management

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

6.8yrs

Average board tenure


CEO

Louis Hall (56 yo)

no data

Tenure

UK£588,379

Compensation

Mr. Louis Tancred Hall is the Founder at Cerillion PLC and serves as its Chief Executive Officer and has been its Executive Director since March 05, 2015. He led the management buyout of the original busin...


CEO Compensation Analysis

Compensation vs Market: Louis's total compensation ($USD783.11K) is about average for companies of similar size in the UK market ($USD780.74K).

Compensation vs Earnings: Louis's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: CER's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CER insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Cerillion Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Cerillion Plc
  • Ticker: CER
  • Exchange: AIM
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: UK£243.486m
  • Shares outstanding: 29.51m
  • Website: https://www.cerillion.com

Number of Employees


Location

  • Cerillion Plc
  • 25 Bedford Street
  • London
  • Greater London
  • WC2E 9ES
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 21:38
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.