AIM:CSSG

Stock Analysis Report

Croma Security Solutions Group

Executive Summary

Croma Security Solutions Group plc provides various security services in the United Kingdom.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Croma Security Solutions Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSSG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.0%

CSSG

0.03%

GB Electronic

1.7%

GB Market


1 Year Return

-41.9%

CSSG

-5.1%

GB Electronic

-21.8%

GB Market

Return vs Industry: CSSG underperformed the UK Electronic industry which returned -9.6% over the past year.

Return vs Market: CSSG underperformed the UK Market which returned -23.6% over the past year.


Shareholder returns

CSSGIndustryMarket
7 Day5.0%0.03%1.7%
30 Day-24.2%-5.2%-12.0%
90 Day-33.2%-14.2%-25.3%
1 Year-41.2%-41.9%-3.6%-5.1%-17.9%-21.8%
3 Year9.8%5.9%30.0%23.9%-11.8%-22.8%
5 Year39.0%31.6%80.2%64.7%0.1%-22.4%

Price Volatility Vs. Market

How volatile is Croma Security Solutions Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Croma Security Solutions Group undervalued compared to its fair value and its price relative to the market?

10.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSSG (£0.63) is trading above our estimate of fair value (£0.51)

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


Price To Earnings Ratio

PE vs Industry: CSSG is good value based on its PE Ratio (10.3x) compared to the Electronic industry average (16.8x).

PE vs Market: CSSG is good value based on its PE Ratio (10.3x) compared to the UK market (12.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSSG is good value based on its PB Ratio (0.8x) compared to the GB Electronic industry average (1.9x).


Next Steps

Future Growth

How is Croma Security Solutions Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.4%

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 Croma Security Solutions Group 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 Croma Security Solutions Group performed over the past 5 years?

39.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSSG has high quality earnings.

Growing Profit Margin: CSSG's current net profit margins (2.7%) are lower than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: CSSG's earnings have grown significantly by 39.5% per year over the past 5 years.

Accelerating Growth: CSSG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CSSG had negative earnings growth (-44.4%) over the past year, making it difficult to compare to the Electronic industry average (6.9%).


Return on Equity

High ROE: CSSG's Return on Equity (7.3%) is considered low.


Next Steps

Financial Health

How is Croma Security Solutions Group's financial position?


Financial Position Analysis

Short Term Liabilities: CSSG's short term assets (£11.0M) exceed its short term liabilities (£7.3M).

Long Term Liabilities: CSSG's short term assets (£11.0M) exceed its long term liabilities (£1.1M).


Debt to Equity History and Analysis

Debt Level: CSSG's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: CSSG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CSSG's debt is well covered by operating cash flow (6726.1%).

Interest Coverage: CSSG's interest payments on its debt are well covered by EBIT (52x coverage).


Balance Sheet


Next Steps

Dividend

What is Croma Security Solutions Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: CSSG is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

8.1yrs

Average management tenure


CEO

Roberto Fiorentino (55yo)

8.08s

Tenure

UK£239,000

Compensation

Mr. Roberto Michele Fiorentino has been the Chief Executive Officer at Croma Security Solutions Group Plc since March 27, 2012. Mr. Fiorentino serves as the Managing Director of CSS Total Security Ltd. and ...


CEO Compensation Analysis

Compensation vs Market: Roberto's total compensation ($USD293.65K) is about average for companies of similar size in the UK market ($USD335.16K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Sebastian Morley
Executive Chairman8.25yrsUK£180.00k3.86% £359.4k
Roberto Fiorentino
CEO & Executive Director8.08yrsUK£239.00k26.18% £2.4m
Richard Juett
Finance Director & Executive Director4yrsUK£83.00k0.084% £7.8k
Paul Williamson
Executive Director3yrsUK£166.00k1.15% £106.6k
David Bretel
Managing Director of Croma Defence Systems Limited12.67yrsUK£93.77kno data

8.1yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CSSG's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sebastian Morley
Executive Chairman8.25yrsUK£180.00k3.86% £359.4k
Roberto Fiorentino
CEO & Executive Director8.08yrsUK£239.00k26.18% £2.4m
Richard Juett
Finance Director & Executive Director4yrsUK£83.00k0.084% £7.8k
Paul Williamson
Executive Director3yrsUK£166.00k1.15% £106.6k
Andrew Hewson
Non-Executive Directorno dataUK£26.00k1.37% £127.2k
Charles McMicking
Non-Executive Director8.08yrsUK£25.00k0.34% £31.2k

8.1yrs

Average Tenure

54yo

Average Age

Experienced Board: CSSG's board of directors are considered experienced (8.1 years average tenure).


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Croma Security Solutions Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Croma Security Solutions Group plc
  • Ticker: CSSG
  • Exchange: AIM
  • Founded: 1996
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£9.314m
  • Shares outstanding: 14.90m
  • Website: https://www.cssgplc.com

Number of Employees


Location

  • Croma Security Solutions Group plc
  • Unit 7 & 8
  • Fulcrum 4
  • Whiteley
  • Hampshire
  • PO15 7FT
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSSGAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPJul 2000

Biography

Croma Security Solutions Group plc provides various security services in the United Kingdom. The company operates through three segments: Croma Vigilant, Croma Security Systems, and Croma Locksmiths. It offers manned guarding and asset protection services; CCTV security, fire, and alarm systems; locksmith keys, locks, and safes; and identity management and access control solutions. The company was formerly known as Croma Group plc and changed its name to Croma Security Solutions Group plc in March 2012. The company was incorporated in 1996 and is headquartered in Whiteley, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 20:45
End of Day Share Price2020/04/07 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.