Comarch S.A. designs, implements, and integrates IT solutions worldwide.
No risks detected for CMR from our risk checks.
Share Price & News
How has Comarch's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMR is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CMR's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CMR exceeded the Polish IT industry which returned 9.6% over the past year.
Return vs Market: CMR underperformed the Polish Market which returned 41.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Comarch's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWe Think Comarch (WSE:CMR) Can Manage Its Debt With Ease
1 month ago | Simply Wall StComarch S.A.'s (WSE:CMR) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
2 months ago | Simply Wall StIs It Smart To Buy Comarch S.A. (WSE:CMR) Before It Goes Ex-Dividend?
Comarch Fundamentals Summary
|CMR fundamental statistics|
Is CMR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CMR income statement (TTM)|
|Cost of Revenue||zł1.10b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||17.07|
|Net Profit Margin||8.96%|
How did CMR perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Comarch 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: CMR (PLN241) is trading above our estimate of fair value (PLN220.78)
Significantly Below Fair Value: CMR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMR is good value based on its PE Ratio (14.1x) compared to the Polish IT industry average (15.9x).
PE vs Market: CMR is poor value based on its PE Ratio (14.1x) compared to the Polish market (13.5x).
Price to Earnings Growth Ratio
PEG Ratio: CMR is poor value based on its PEG Ratio (41.8x)
Price to Book Ratio
PB vs Industry: CMR is good value based on its PB Ratio (1.8x) compared to the PL IT industry average (2.7x).
How is Comarch forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMR's forecast earnings growth (0.3% per year) is below the savings rate (2.6%).
Earnings vs Market: CMR's earnings (0.3% per year) are forecast to grow slower than the Polish market (16.5% per year).
High Growth Earnings: CMR's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMR's revenue (4.6% per year) is forecast to grow slower than the Polish market (7.5% per year).
High Growth Revenue: CMR's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMR's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Comarch performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMR has high quality earnings.
Growing Profit Margin: CMR's current net profit margins (9%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: CMR's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: CMR's earnings growth over the past year (23.7%) exceeds its 5-year average (16.3% per year).
Earnings vs Industry: CMR earnings growth over the past year (23.7%) underperformed the IT industry 24.9%.
Return on Equity
High ROE: CMR's Return on Equity (12.1%) is considered low.
How is Comarch's financial position?
Financial Position Analysis
Short Term Liabilities: CMR's short term assets (PLN1.2B) exceed its short term liabilities (PLN656.9M).
Long Term Liabilities: CMR's short term assets (PLN1.2B) exceed its long term liabilities (PLN246.0M).
Debt to Equity History and Analysis
Debt Level: CMR's debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: CMR's debt to equity ratio has reduced from 17.6% to 17.4% over the past 5 years.
Debt Coverage: CMR's debt is well covered by operating cash flow (141.5%).
Interest Coverage: CMR's interest payments on its debt are well covered by EBIT (410.7x coverage).
What is Comarch current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMR's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (2.09%).
High Dividend: CMR's dividend (1.24%) is low compared to the top 25% of dividend payers in the Polish market (6.03%).
Stability and Growth of Payments
Stable Dividend: CMR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.6%), CMR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMR's dividends in 3 years are forecast to be well covered by earnings (32.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Janusz Filipiak (69 yo)
Prof. Janusz Filipiak is the Founder of Comarch Spólka Akcyjna and has been its Chief Executive Officer since 1998. Prof. Filipiak serves as the President of Management Board at Comarch Spólka Akcyjna. He...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Janusz's total compensation is reasonable compared to companies of similar size in the Polish market.
Compensation vs Earnings: Janusz's compensation has increased by more than 20% in the past year.
Experienced Management: CMR's management team is seasoned and experienced (14.3 years average tenure).
Experienced Board: CMR's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Comarch S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Comarch S.A.
- Ticker: CMR
- Exchange: WSE
- Founded: 1993
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: zł1.960b
- Shares outstanding: 8.13m
- Website: https://www.comarch.com
Number of Employees
- Comarch S.A.
- Al. Jana Pawla II 39 A
Comarch S.A. designs, implements, and integrates IT solutions worldwide. Its solutions include Internet of Things (IoT) connectivity and solution management, analytics platform, and billing system; digital...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 22:26|
|End of Day Share Price||2021/09/17 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.