NasdaqCM:CMSS

Stock Analysis Report

Executive Summary

CM Seven Star Acquisition Corporation does not have significant operations.

Snowflake

Fundamentals

Questionable track record with concerning outlook.

Share Price & News

How has CM Seven Star Acquisition's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.1%

CMSS

2.2%

US Capital Markets

1.0%

US Market


1 Year Return

-10.5%

CMSS

1.9%

US Capital Markets

6.7%

US Market


Share holder returns

CMSSIndustryMarket
7 Day4.1%2.2%1.0%
30 Day21.5%-4.7%-1.8%
90 Day-14.6%-3.3%-1.8%
1 Year-10.5%-10.5%4.2%1.9%9.1%6.7%
3 Yearn/a51.6%43.1%46.1%36.6%
5 Yearn/a78.2%61.8%66.9%48.6%

Price Volatility Vs. Market

How volatile is CM Seven Star Acquisition's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CM Seven Star Acquisition undervalued based on future cash flows and its price relative to the stock market?

101.8x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: CMSS ($8.73) is trading above our estimate of fair value ($0.8)

Significantly Undervalued: CMSS is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: CMSS is poor value based on its PE Ratio (101.8x) compared to the Capital Markets industry average (37x).

PE vs Market: CMSS is poor value based on its PE Ratio (101.8x) compared to the US market (17.5x).


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: CMSS is overvalued based on its PB Ratio (46x) compared to the US Capital Markets industry average (6.5x).


Next Steps

Future Growth

How is CM Seven Star Acquisition expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: CMSS's forecast earnings growth (12.4% per year) is above the savings rate (2.7%).

Earnings vs Market: CMSS's earnings (12.4% per year) are forecast to grow slower than the US market (14.5% per year).

High Growth Earnings: CMSS's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CMSS's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CMSS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has CM Seven Star Acquisition performed over the past 5 years?

569.3%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if CMSS's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare CMSS's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.

Earnings vs Industry: CMSS earnings growth over the past year (569.3%) exceeded the Capital Markets industry 36.2%.


Return on Equity

High ROE: CMSS's Return on Equity (45.1%) is considered outstanding.


Return on Assets

ROA vs Industry: CMSS's Return on Assets is below or equal to the Capital Markets industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CMSS's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is CM Seven Star Acquisition's financial position?


Financial Position Analysis

Short Term Liabilities: CMSS's short term assets ($98.7K) do not cover its short term liabilities ($1.3M)

Long Term Liabilities: CMSS's short term assets (98.7K) do not cover its long term liabilities (204.2M)


Debt to Equity History and Analysis

Debt Level: CMSS's debt to equity ratio (10%) is considered satisfactory

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

Debt Coverage: CMSS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CMSS's interest payments on its debt are well covered by EBIT.


Balance Sheet

Information is not available.

Information is not available.


Next Steps

Dividend

What is CM Seven Star Acquisition's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

Stable Dividend: Insufficient data to determine if CMSS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CMSS'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 CMSS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of CM Seven Star Acquisition's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Sing Wang (55yo)

1.1yrs

Tenure

0

Mr. Sing Wang has been Chief Executive Officer and Chairman of TKK Symphony Acquisition Corporation since February 5, 2018. Mr. Wang has been Chief Executive Officer and Director of CM Seven Star Acquisiti ...


Management Age and Tenure

1.8yrs

Average Tenure

45yo

Average Age

Experienced Management: CMSS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.5yrs

Average Tenure

50yo

Average Age

Experienced Board: CMSS's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$42,98401 Jul 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares20,000
Max PriceUS$2.15
BuyUS$165,50627 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares76,983
Max PriceUS$2.15
BuyUS$15,14024 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares6,882
Max PriceUS$2.20
BuyUS$47,92920 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares21,786
Max PriceUS$2.20
BuyUS$13,47319 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares6,454
Max PriceUS$2.09
BuyUS$7,70212 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares3,851
Max PriceUS$2.00
BuyUS$14,23305 Jun 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares5,722
Max PriceUS$2.50
BuyUS$89,46929 May 19
Sing Wang
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares33,148
Max PriceUS$2.70
SellUS$2,026,00007 Jan 19
Polar Asset Management Partners Inc.
EntityCompany
Shares200,000
Max PriceUS$10.13

Ownership Breakdown


Management Team

  • Sing Wang (55yo)

    CEO & Director

    • Tenure: 1.1yrs
  • Steve Cannon (50yo)

    President

    • Tenure: 1.8yrs
  • Alan Chow (40yo)

    Chief Operating Officer

    • Tenure: 1.8yrs
  • Kathy Li (38yo)

    Director of Investor Relations

    • Tenure: 1.8yrs
  • Patrick Ho (45yo)

    Senior Vice President

    • Tenure: 1.8yrs

Board Members

  • Sing Wang (55yo)

    CEO & Director

    • Tenure: 1.1yrs
  • Jiong Shao (50yo)

    Director

    • Tenure: 1.5yrs
  • Steve Cannon (50yo)

    President

    • Tenure: 1.8yrs
  • Michele Smith (47yo)

    Director

    • Tenure: 1.5yrs
  • Anthony Ho (52yo)

    Non Executive Chairman

    • Tenure: 1.1yrs

Company Information

CM Seven Star Acquisition Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CM Seven Star Acquisition Corporation
  • Ticker: CMSS
  • Exchange: NasdaqCM
  • Founded: 2016
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$229.801m
  • Shares outstanding: 26.32m
  • Website: https://null

Location

  • CM Seven Star Acquisition Corporation
  • AIA Central
  • Suite 1306
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMSS.UNasdaqCM (Nasdaq Capital Market)UnitsUSUSDOct 2017
CMSSNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDNov 2017

Biography

CM Seven Star Acquisition Corporation does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/30 01:10
End of Day Share Price2019/04/29 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.

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