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CSEC

C Security SystemsNGM:CSEC Stock Report

Market Cap

kr64.0m

7D

-1.6%

1Y

19.6%

Updated

26 Oct, 2021

Data

Company Financials
CSEC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CSEC Overview

C Security Systems AB (Publ) operates in the mobile communications and positioning technologies business worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for C Security Systems
Historical stock prices
Current Share Pricekr0.30
52 Week Highkr0.19
52 Week Lowkr0.66
Beta-0.016
1 Month Change-5.28%
3 Month Change-12.10%
1 Year Change19.61%
3 Year Change-67.90%
5 Year Change-63.03%
Change since IPO-87.29%

Recent News & Updates

Feb 11
C Security Systems AB (publ) (NGM:CSEC) Insiders Have Been Selling

C Security Systems AB (publ) (NGM:CSEC) Insiders Have Been Selling

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...

Shareholder Returns

CSECSE InfrastructureSE Market
7D-1.6%-1.0%1.6%
1Y19.6%26.3%38.8%

Return vs Industry: CSEC underperformed the Swedish Infrastructure industry which returned 22.5% over the past year.

Return vs Market: CSEC underperformed the Swedish Market which returned 37.7% over the past year.

Price Volatility

Is CSEC's price volatile compared to industry and market?
CSEC volatility
CSEC Beta-0.016
Industry Beta1.23
Market Beta1

Stable Share Price: CSEC is more volatile than 90% of Swedish stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: CSEC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Swedish stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a4Jacob Lundberghttps://www.c-pod.com

C Security Systems AB (Publ) operates in the mobile communications and positioning technologies business worldwide. The company develops, markets, and sells C-pod that displays the boats position on a map directly in phone or personal Web portal, as well as feeds live information of battery voltage, knots, heading, intrusion, malfunction, flooding, and others. It also provides accessories, including magnetic intrusion sensors and other accessories.

C Security Systems Fundamentals Summary

How do C Security Systems's earnings and revenue compare to its market cap?
CSEC fundamental statistics
Market Capkr64.01m
Earnings (TTM)-kr15.23m
Revenue (TTM)kr2.28m

28.1x

P/S Ratio

-4.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSEC income statement (TTM)
Revenuekr2.28m
Cost of Revenuekr1.51m
Gross Profitkr773.76k
Expenseskr16.00m
Earnings-kr15.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.073
Gross Margin33.90%
Net Profit Margin-667.27%
Debt/Equity Ratio6.5%

How did CSEC perform over the long term?

See historical performance and comparison

Valuation

Is C Security Systems undervalued compared to its fair value and its price relative to the market?

3.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CSEC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CSEC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CSEC is unprofitable, so we can't compare its PE Ratio to the European Infrastructure industry average.

PE vs Market: CSEC is unprofitable, so we can't compare its PE Ratio to the Swedish market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSEC is overvalued based on its PB Ratio (3.3x) compared to the XE Infrastructure industry average (1.6x).


Future Growth

How is C Security Systems forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

54.0%

Forecasted Transportation 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 C Security Systems 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.


Past Performance

How has C Security Systems performed over the past 5 years?

-33.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSEC is currently unprofitable.

Growing Profit Margin: CSEC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CSEC is unprofitable, and losses have increased over the past 5 years at a rate of 33.2% per year.

Accelerating Growth: Unable to compare CSEC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CSEC is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (8.2%).


Return on Equity

High ROE: CSEC has a negative Return on Equity (-79.47%), as it is currently unprofitable.


Financial Health

How is C Security Systems's financial position?


Financial Position Analysis

Short Term Liabilities: CSEC's short term assets (SEK6.7M) do not cover its short term liabilities (SEK6.8M).

Long Term Liabilities: CSEC's short term assets (SEK6.7M) exceed its long term liabilities (SEK868.0K).


Debt to Equity History and Analysis

Debt Level: CSEC's debt to equity ratio (6.5%) is considered satisfactory.

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


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 CSEC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CSEC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is C Security Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CSEC'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?


CEO

Jacob Lundberg (53 yo)

1.58yrs

Tenure

Mr. Jacob Lundberg serves as Chief Executive Officer of C Security Systems AB (publ) since March 2, 2020. He worked at Spåra Group. He served as Chief Executive Officer of Adecco Sweden.He has also worked...


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 been diluted in the past year, with total shares outstanding growing by 29.2%.


Top Shareholders

Company Information

C Security Systems AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: C Security Systems AB (publ)
  • Ticker: CSEC
  • Exchange: NGM
  • Founded: NaN
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: kr64.014m
  • Shares outstanding: 209.88m
  • Website: https://www.c-pod.com

Number of Employees


Location

  • C Security Systems AB (publ)
  • Vretenvägen 13
  • Solna
  • Stockholm County
  • 171 54
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:23
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
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.