| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
CSFS Stock Overview
Cornerstone FS plc provides cloud based international payment, currency risk management, and electronic account services with focus on removing the complexity of international payments for its customers.
Rewards
Risk Analysis
+ 2 more risks
Cornerstone FS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£0.20 |
| 52 Week High | UK£0.44 |
| 52 Week Low | UK£0.16 |
| Beta | 0 |
| 1 Month Change | -4.88% |
| 3 Month Change | -2.50% |
| 1 Year Change | -54.12% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -68.29% |
Recent News & Updates
Shareholder Returns
| CSFS | GB IT | GB Market | |
|---|---|---|---|
| 7D | 5.4% | 4.1% | 1.8% |
| 1Y | -54.1% | -18.9% | -7.3% |
Return vs Industry: CSFS underperformed the UK IT industry which returned -19.1% over the past year.
Return vs Market: CSFS underperformed the UK Market which returned -8.6% over the past year.
Price Volatility
| CSFS volatility | |
|---|---|
| CSFS Average Weekly Movement | 12.3% |
| IT Industry Average Movement | 5.9% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in GB Market | 10.8% |
| 10% least volatile stocks in GB Market | 2.8% |
Stable Share Price: CSFS is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: CSFS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of UK stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 9 | Julian Wheatland | https://www.cornerstonefs.com |
Cornerstone FS plc provides cloud based international payment, currency risk management, and electronic account services with focus on removing the complexity of international payments for its customers. The company was founded in 2010 and is headquartered in London, the United Kingdom.
Cornerstone FS Fundamentals Summary
| CSFS fundamental statistics | |
|---|---|
| Market Cap | UK£4.62m |
| Earnings (TTM) | -UK£2.15m |
| Revenue (TTM) | UK£1.66m |
2.8x
P/S Ratio-2.1x
P/E RatioIs CSFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSFS income statement (TTM) | |
|---|---|
| Revenue | UK£1.66m |
| Cost of Revenue | UK£1.17m |
| Gross Profit | UK£496.31k |
| Other Expenses | UK£2.65m |
| Earnings | -UK£2.15m |
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.091 |
| Gross Margin | 29.82% |
| Net Profit Margin | -129.47% |
| Debt/Equity Ratio | 0.0% |
How did CSFS perform over the long term?
See historical performance and comparisonValuation
Is CSFS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CSFS?
Other financial metrics that can be useful for relative valuation.
| What is CSFS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | UK£4.62m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | -3.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does CSFS's PS Ratio compare to its peers?
| CSFS PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.1x | ||
SCGL Sealand Capital Galaxy | 6.7x | n/a | UK£3.0m |
TNT Tintra | 12.3x | n/a | UK£14.1m |
PCIP PCI-PAL | 4.1x | 29.1% | UK£39.9m |
EYE Eagle Eye Solutions Group | 5.2x | 15.0% | UK£142.0m |
CSFS Cornerstone FS | 2.8x | 30.8% | UK£4.6m |
Price-To-Sales vs Peers: CSFS is good value based on its Price-To-Sales Ratio (2.8x) compared to the peer average (7.1x).
Price to Earnings Ratio vs Industry
How does CSFS's PE Ratio compare vs other companies in the GB IT Industry?
Price-To-Sales vs Industry: CSFS is expensive based on its Price-To-Sales Ratio (2.8x) compared to the UK IT industry average (2.5x)
Price to Sales Ratio vs Fair Ratio
What is CSFS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 2.8x |
| Fair PS Ratio | 1.3x |
Price-To-Sales vs Fair Ratio: CSFS is expensive based on its Price-To-Sales Ratio (2.8x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).
Share Price vs Fair Value
What is the Fair Price of CSFS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CSFS (£0.2) is trading below our estimate of fair value (£5.37)
Significantly Below Fair Value: CSFS is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CSFS's PEG Ratio to determine if it is good value.
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Future Growth
How is Cornerstone FS forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
30.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CSFS's forecast earnings growth is above the savings rate (0.9%).
Earnings vs Market: Insufficient data to determine if CSFS's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if CSFS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSFS's revenue (30.8% per year) is forecast to grow faster than the UK market (4.1% per year).
High Growth Revenue: CSFS's revenue (30.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CSFS's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Cornerstone FS performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-2,766.1%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: CSFS is currently unprofitable.
Growing Profit Margin: CSFS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CSFS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare CSFS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSFS is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (28.5%).
Return on Equity
High ROE: CSFS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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Financial Health
How is Cornerstone FS's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CSFS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CSFS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CSFS is debt free.
Reducing Debt: CSFS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if CSFS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CSFS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Dividend
What is Cornerstone FS current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSFS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSFS's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CSFS has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average board tenure
CEO
Julian Wheatland (60 yo)
1.75yrs
Tenure
Mr. Julian David Wheatland, CEng has been Chief Executive Officer of Cornerstone FS Plc since September 2020 and serves as its Director since July 22, 2020. He serves as Director of Corporate Development o...
Board Members
Experienced Board: CSFS's board of directors are not considered experienced ( 1.4 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.8%.
Top Shareholders
Company Information
Cornerstone FS plc's employee growth, exchange listings and data sources
Key Information
- Name: Cornerstone FS plc
- Ticker: CSFS
- Exchange: AIM
- Founded: 2010
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: UK£4.618m
- Shares outstanding: 23.68m
- Website: https://www.cornerstonefs.com
Number of Employees
Location
- Cornerstone FS plc
- 1 Poultry
- London
- Greater London
- EC2M 8EJ
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.