CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. More Details
Mediocre balance sheet with moderate growth potential.
Share Price & News
How has CyrusOne's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CONE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CONE's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CONE exceeded the US REITs industry which returned -8.6% over the past year.
Return vs Market: CONE underperformed the US Market which returned 20.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CyrusOne's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShareholders Of CyrusOne (NASDAQ:CONE) Must Be Happy With Their 154% Total Return
2 months ago | Simply Wall StShould CyrusOne Inc. (NASDAQ:CONE) Focus On Improving This Fundamental Metric?
6 months ago | Simply Wall StTrade Alert: The Executive VP & CFO Of CyrusOne Inc. (NASDAQ:CONE), Diane Morefield, Has Sold Some Shares Recently
Is CyrusOne undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CONE ($69.97) is trading below our estimate of fair value ($118.9)
Significantly Below Fair Value: CONE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CONE is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: CONE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CONE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CONE is overvalued based on its PB Ratio (3.2x) compared to the US REITs industry average (1.6x).
How is CyrusOne forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CONE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: CONE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CONE's is expected to become profitable in the next 3 years.
Revenue vs Market: CONE's revenue (9.6% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: CONE's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CONE's Return on Equity is forecast to be low in 3 years time (4.1%).
How has CyrusOne performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CONE is currently unprofitable.
Growing Profit Margin: CONE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CONE is unprofitable, but has reduced losses over the past 5 years at a rate of 7.5% per year.
Accelerating Growth: Unable to compare CONE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CONE is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (2%).
Return on Equity
High ROE: CONE has a negative Return on Equity (-1.14%), as it is currently unprofitable.
How is CyrusOne's financial position?
Financial Position Analysis
Short Term Liabilities: CONE's short term assets ($485.4M) exceed its short term liabilities ($216.5M).
Long Term Liabilities: CONE's short term assets ($485.4M) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: CONE's debt to equity ratio (124.2%) is considered high.
Reducing Debt: CONE's debt to equity ratio has increased from 116.9% to 124.2% over the past 5 years.
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: Whilst unprofitable CONE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CONE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.1% per year.
What is CyrusOne current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CONE's dividend (2.92%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: CONE's dividend (2.92%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CONE has been paying a dividend for less than 10 years.
Growing Dividend: CONE's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.3%), CONE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CONE's dividends in 3 years are forecast to be well covered by earnings (48.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bruce Duncan (68 yo)
Mr. Bruce W. Duncan serves as Senior Advisor at KKR & Co. Inc. He had been Director of Marriott International, Inc., since September 23, 2016 until July 22, 2020. Mr. Duncan serves as President, Chief Exec...
|Executive VP||5.25yrs||US$1.66m||0.013% |
|President||0.33yr||no data||0.071% |
|Executive VP & CFO||0.083yr||no data||0.015% |
|Executive Vice President & COO||0.083yr||no data||no data|
|Senior VP & Chief Accounting Officer||2.17yrs||no data||0.0013% |
|Chief Information Officer||1.33yrs||no data||no data|
|Vice President||no data||no data||no data|
|Executive Vice President of Sales||0.25yr||no data||no data|
|Executive VP & Chief Strategy Officer||3.58yrs||no data||no data|
|Executive VP & MD of Europe||2.25yrs||no data||no data|
|Vice President for Strategic Accounts||2.58yrs||no data||no data|
Experienced Management: CONE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|President||0.33yr||no data||0.071% |
|Independent Director||7.83yrs||US$225.01k||0.028% |
|Independent Director||7.83yrs||US$220.01k||0.022% |
|Non-Executive Chairman & Lead Independent Director||6.42yrs||US$307.51k||0.027% |
|Independent Director||6.5yrs||US$210.01k||0.019% |
|Independent Director||6.5yrs||US$242.51k||0.019% |
|Independent Director||4.5yrs||US$232.51k||0.0075% |
|Independent Director||7.83yrs||US$207.51k||0.079% |
Experienced Board: CONE's board of directors are considered experienced (6.5 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.4%.
CyrusOne Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CyrusOne Inc.
- Ticker: CONE
- Exchange: NasdaqGS
- Founded: 2012
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$8.426b
- Shares outstanding: 120.42m
- Website: https://www.cyrusone.com
Number of Employees
- CyrusOne Inc.
- 2850 N Harwood
- St., Suite 2200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CONE||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 2013|
|RCY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 2013|
CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 23:37|
|End of Day Share Price||2020/11/27 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.