OM:CTM

Stock Analysis Report

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Executive Summary

Catena Media plc, together with its subsidiaries, operates as an online lead generation company within iGaming and financial services sectors. More Details


Snowflake Analysis

Very undervalued with reasonable growth potential.


Similar Companies

Share Price & News

How has Catena Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CTM is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CTM's weekly volatility has decreased from 15% to 8% over the past year.


Market Performance


7 Day Return

26.4%

CTM

-7.0%

SE Interactive Media and Services

-1.7%

SE Market


1 Year Return

64.8%

CTM

52.0%

SE Interactive Media and Services

26.8%

SE Market

Return vs Industry: CTM exceeded the Swedish Interactive Media and Services industry which returned 52% over the past year.

Return vs Market: CTM exceeded the Swedish Market which returned 26.8% over the past year.


Shareholder returns

CTMIndustryMarket
7 Day26.4%-7.0%-1.7%
30 Day45.5%7.1%3.2%
90 Day44.2%10.6%7.2%
1 Year64.8%64.8%55.6%52.0%30.0%26.8%
3 Year-67.8%-67.8%-18.5%-20.2%58.4%38.8%
5 Year-10.9%-10.9%-30.3%54.2%85.1%45.1%

Long-Term Price Volatility Vs. Market

How volatile is Catena Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CTM (SEK41.98) is trading below our estimate of fair value (SEK93.64)

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


Price To Earnings Ratio

PE vs Industry: CTM is good value based on its PE Ratio (21x) compared to the SE Interactive Media and Services industry average (33.6x).

PE vs Market: CTM is good value based on its PE Ratio (21x) compared to the Swedish market (23.1x).


Price to Earnings Growth Ratio

PEG Ratio: CTM is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: CTM is good value based on its PB Ratio (1.2x) compared to the SE Interactive Media and Services industry average (3.7x).


Next Steps

Future Growth

How is Catena Media forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

32.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTM's forecast earnings growth (32.2% per year) is above the savings rate (0.4%).

Earnings vs Market: CTM's earnings (32.2% per year) are forecast to grow faster than the Swedish market (8.7% per year).

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

Revenue vs Market: CTM's revenue (8.9% per year) is forecast to grow faster than the Swedish market (3.4% per year).

High Growth Revenue: CTM's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CTM's Return on Equity is forecast to be low in 3 years time (19.9%).


Next Steps

Past Performance

How has Catena Media performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CTM has high quality earnings.

Growing Profit Margin: CTM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CTM's earnings have declined by 17.9% per year over the past 5 years.

Accelerating Growth: CTM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CTM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (16.6%).


Return on Equity

High ROE: CTM's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Catena Media's financial position?


Financial Position Analysis

Short Term Liabilities: CTM's short term assets (€48.3M) exceed its short term liabilities (€17.4M).

Long Term Liabilities: CTM's short term assets (€48.3M) do not cover its long term liabilities (€83.3M).


Debt to Equity History and Analysis

Debt Level: CTM's debt to equity ratio (35.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CTM's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CTM's debt is well covered by operating cash flow (57.2%).

Interest Coverage: CTM's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Catena Media current dividend yield, its reliability and sustainability?

4.93%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: CTM is not paying a notable dividend for the Swedish market.


Future Payout to Shareholders

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


Next Steps

Management

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

3.1yrs

Average management tenure


CEO

Goran Blomberg (58 yo)

0.083

Tenure

€30,800

Compensation

Mr. Goran Blomberg serves as Interim Chief Executive Officer of Catena Media plc since January 07, 2021. He was the Independent Chairman of Catena Media plc since May 15, 2020 until January 07, 2021. Mr. B...


Leadership Team

NamePositionTenureCompensationOwnership
Goran Blomberg
Interim Chief Executive Officer0.083yr€30.80k0.27%
€ 7.5m
Peter Messner
Group Chief Financial Officer0.83yrno datano data
Åsa Hillsten
Head of IR & Corporate Communications3.08yrsno data0.0014%
€ 39.4k
Louise Wendel
Head of Legal4.42yrsno datano data
Klas Winberg
Vice President Sales & Marketingno datano datano data
Fiona Ewins-Brown
Chief Human Resource Officer5.42yrsno data0.11%
€ 3.0m
Jan Steffen
Head of BayBetsno datano datano data
Hamish Brown
Vice President – Casinono datano datano data
Nigel Frith
Vice President – Financial Servicesno datano datano data

3.1yrs

Average Tenure

47.5yo

Average Age

Experienced Management: CTM's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adam Krejcik
Independent Director0.75yrno datano data
Oystein Engebretsen
Interim Independent Chairman of Board0.083yr€43.50k0.065%
€ 1.8m
Marcus Lindqvist
Independent Director0.75yrno datano data
Per Widerstrom
Independent Director1.75yrs€28.70k0.067%
€ 1.9m
Theodore Bergqvist
Independent Director1.75yrs€26.70k0.0036%
€ 98.6k

0.8yrs

Average Tenure

50yo

Average Age

Experienced Board: CTM's board of directors are not considered experienced ( 0.8 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 20.1%.


Top Shareholders

Company Information

Catena Media plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Catena Media plc
  • Ticker: CTM
  • Exchange: OM
  • Founded: 2008
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: kr2.776b
  • Shares outstanding: 70.39m
  • Website: https://www.catenamedia.com

Number of Employees


Location

  • Catena Media plc
  • Quantum Place
  • Triq ix-Xatt
  • Gzira
  • GZR 1052
  • Malta

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTMOM (OMX Nordic Exchange Stockholm)YesOrdinary SharesSESEKFeb 2016
97CDB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2016
0RUELSE (London Stock Exchange)YesOrdinary SharesGBSEKFeb 2016
CTTM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2016
CTMSBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBSEKFeb 2016

Biography

Catena Media plc, together with its subsidiaries, operates as an online lead generation company within iGaming and financial services sectors. It operates through three segments: Casino, Sports and Financi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 19:24
End of Day Share Price2021/03/01 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.