Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Concurrent Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNC's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CNC underperformed the UK Tech industry which returned 56.3% over the past year.
Return vs Market: CNC exceeded the UK Market which returned -19.7% over the past year.
Price Volatility Vs. Market
How volatile is Concurrent Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StConcurrent Technologies Plc's (LON:CNC) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
2 weeks ago | Simply Wall StHave Insiders Been Selling Concurrent Technologies Plc (LON:CNC) Shares?
1 month ago | Simply Wall StThree Things You Should Check Before Buying Concurrent Technologies Plc (LON:CNC) For Its Dividend
Is Concurrent Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CNC (£0.97) is trading above our estimate of fair value (£0.28)
Significantly Below Fair Value: CNC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNC is poor value based on its PE Ratio (25.4x) compared to the XE Tech industry average (20.2x).
PE vs Market: CNC is poor value based on its PE Ratio (25.4x) compared to the UK market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNC is overvalued based on its PB Ratio (3.1x) compared to the XE Tech industry average (1.7x).
How is Concurrent Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Concurrent Technologies 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.
- Examine Concurrent Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Concurrent Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Concurrent Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNC has high quality earnings.
Growing Profit Margin: CNC's current net profit margins (14.7%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: CNC's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: CNC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNC had negative earnings growth (-34.8%) over the past year, making it difficult to compare to the Tech industry average (4%).
Return on Equity
High ROE: CNC's Return on Equity (12.3%) is considered low.
How is Concurrent Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: CNC's short term assets (£20.0M) exceed its short term liabilities (£5.4M).
Long Term Liabilities: CNC's short term assets (£20.0M) exceed its long term liabilities (£1.6M).
Debt to Equity History and Analysis
Debt Level: CNC is debt free.
Reducing Debt: CNC has not had any debt for past 5 years.
Debt Coverage: CNC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CNC has no debt, therefore coverage of interest payments is not a concern.
What is Concurrent Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNC's dividend (2.58%) is higher than the bottom 25% of dividend payers in the UK market (1.87%).
High Dividend: CNC's dividend (2.58%) is low compared to the top 25% of dividend payers in the UK market (5.39%).
Stability and Growth of Payments
Stable Dividend: CNC's dividends per share have been stable in the past 10 years.
Growing Dividend: CNC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.8%), CNC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jane Annear (66 yo)
Ms. Jane Barbara Annear has been Managing Director and Chief Executive Officer of Concurrent Technologies plc since May 21, 2019. Ms. Annear served as Commercial Director of Concurrent Technologies plc unt ...
CEO Compensation Analysis
Compensation vs Market: Jane's total compensation ($USD374.24K) is about average for companies of similar size in the UK market ($USD351.39K).
Compensation vs Earnings: Jane's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|MD, CEO & Director||1.42yrs||UK£288.27k||2.87% |
|Engineering Director & Executive Director||25.75yrs||UK£164.04k||1.24% |
|Executive Director||0.42yr||no data||no data|
|Non-Executive Chairman||0.33yr||no data||0.027% |
|Independent Non-Executive Director||16.75yrs||UK£28.00k||0.26% |
Experienced Board: CNC's board of directors are seasoned and experienced ( 16.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Concurrent Technologies Plc's company bio, employee growth, exchange listings and data sources
- Name: Concurrent Technologies Plc
- Ticker: CNC
- Exchange: AIM
- Founded: 1985
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: UK£71.226m
- Shares outstanding: 73.43m
- Website: https://www.gocct.com
Number of Employees
- Concurrent Technologies Plc
- 4 Gilberd Court
- Newcomen Way
- CO4 9WN
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CNC||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 1996|
Concurrent Technologies Plc, together with its subsidiaries, designs, develops, manufactures, and markets single board computers for system integrators and original equipment manufacturers. The company pro ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 20:51|
|End of Day Share Price||2020/10/28 00:00|
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.