CSPI Stock Overview
CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.12|
|52 Week High||US$9.98|
|52 Week Low||US$6.61|
|1 Month Change||-11.00%|
|3 Month Change||-20.00%|
|1 Year Change||-19.73%|
|3 Year Change||-47.45%|
|5 Year Change||-34.50%|
|Change since IPO||64.81%|
Recent News & Updates
CSP GAAP EPS of $0.15, revenue of $13.32M
CSP press release (NASDAQ:CSPI): Q3 GAAP EPS of $0.15. Revenue of $13.32M (-2.8% Y/Y).
|CSPI||US IT||US Market|
Return vs Industry: CSPI exceeded the US IT industry which returned -39.7% over the past year.
Return vs Market: CSPI exceeded the US Market which returned -23.7% over the past year.
|CSPI Average Weekly Movement||4.4%|
|IT Industry Average Movement||8.0%|
|Market Average Movement||6.9%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: CSPI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CSPI's weekly volatility (4%) has been stable over the past year.
About the Company
CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value added reseller to various customers in Web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.
CSP Fundamentals Summary
|CSPI fundamental statistics|
Is CSPI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CSPI income statement (TTM)|
|Cost of Revenue||US$30.73m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||1.61%|
How did CSPI perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is CSPI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CSPI?
Other financial metrics that can be useful for relative valuation.
|What is CSPI's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CSPI's PE Ratio compare to its peers?
|CSPI PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DPSI Decisionpoint Systems
CLPS CLPS Incorporation
CTG Computer Task Group
Price-To-Earnings vs Peers: CSPI is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the peer average (11x).
Price to Earnings Ratio vs Industry
How does CSPI's PE Ratio compare vs other companies in the US IT Industry?
Price-To-Earnings vs Industry: CSPI is expensive based on its Price-To-Earnings Ratio (42.1x) compared to the US IT industry average (25.6x)
Price to Earnings Ratio vs Fair Ratio
What is CSPI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||42.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CSPI's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CSPI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CSPI ($7.12) is trading above our estimate of fair value ($1.62)
Significantly Below Fair Value: CSPI is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is CSP forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Software 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 CSP 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.
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- Examine CSP's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has CSP performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSPI has high quality earnings.
Growing Profit Margin: CSPI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CSPI's earnings have declined by 15.7% per year over the past 5 years.
Accelerating Growth: CSPI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CSPI has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (20.5%).
Return on Equity
High ROE: CSPI's Return on Equity (2.4%) is considered low.
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How is CSP's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CSPI's short term assets ($52.3M) exceed its short term liabilities ($22.0M).
Long Term Liabilities: CSPI's short term assets ($52.3M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: CSPI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CSPI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CSPI's debt is well covered by operating cash flow (31.5%).
Interest Coverage: Insufficient data to determine if CSPI's interest payments on its debt are well covered by EBIT.
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What is CSP current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|CSP Dividend Yield vs Market|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (IT)||1.6%|
|Analyst forecast in 3 Years (CSP)||n/a|
Notable Dividend: CSPI's dividend (1.69%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: CSPI's dividend (1.69%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: CSPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: CSPI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (181.6%), CSPI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), CSPI's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Vic Dellovo (52 yo)
Mr. Victor J. Dellovo, also known as Vic, has been the Chief Executive Officer of CSP Inc, since August 20, 2012 and has been its President since August 2012. He serves as President of Modcomp worldwide op...
CEO Compensation Analysis
|Vic Dellovo's Compensation vs CSP Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||US$932k||US$450k|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||US$982k||US$450k|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||US$923k||US$440k|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||US$1m||US$440k|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||US$1m||US$416k|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||US$1m||US$416k|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||n/a||n/a|
|Sep 30 2015||US$593k||US$378k|
Compensation vs Market: Vic's total compensation ($USD932.28K) is about average for companies of similar size in the US market ($USD787.63K).
Compensation vs Earnings: Vic's compensation has been consistent with company performance over the past year.
Experienced Management: CSPI's management team is seasoned and experienced (7.9 years average tenure).
Experienced Board: CSPI's board of directors are considered experienced (9.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CSPI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|15 Sep 22||BuyUS$44,074||Joseph Nerges||Individual||5,319||US$8.45|
|12 Sep 22||BuyUS$123,506||Joseph Nerges||Individual||15,394||US$8.20|
|16 Aug 22||BuyUS$73,270||Joseph Nerges||Individual||8,837||US$8.40|
|16 Jun 22||BuyUS$48,841||Joseph Nerges||Individual||5,555||US$8.99|
|15 Jun 22||BuyUS$18||Joseph Nerges||Individual||2||US$8.80|
|13 Jun 22||BuyUS$8,660||Joseph Nerges||Individual||1,000||US$8.66|
|10 Jun 22||BuyUS$55,343||Joseph Nerges||Individual||5,923||US$9.52|
|08 Jun 22||BuyUS$53,193||Joseph Nerges||Individual||5,659||US$9.60|
|03 Jun 22||BuyUS$34,089||Joseph Nerges||Individual||3,840||US$9.08|
|31 May 22||BuyUS$60,023||Joseph Nerges||Individual||7,050||US$8.94|
|25 May 22||BuyUS$47,705||Joseph Nerges||Individual||5,952||US$8.30|
|20 May 22||BuyUS$57,527||Joseph Nerges||Individual||7,404||US$7.96|
|20 May 22||BuyUS$3,927||Joseph Nerges||Individual||502||US$7.82|
|17 May 22||BuyUS$73,184||Joseph Nerges||Individual||9,950||US$7.50|
|27 Apr 22||BuyUS$21,110||Joseph Nerges||Individual||3,000||US$7.17|
|08 Apr 22||BuyUS$18,318||Joseph Nerges||Individual||2,491||US$7.41|
|15 Mar 22||SellUS$7,800||Gary Levine||Individual||1,000||US$7.80|
|09 Feb 22||BuyUS$35,110||Joseph Nerges||Individual||4,200||US$8.60|
|25 Jan 22||BuyUS$19,716||Joseph Nerges||Individual||2,345||US$8.55|
|13 Jan 22||BuyUS$37,866||Joseph Nerges||Individual||4,400||US$8.69|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.1%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
CSP Inc.'s employee growth, exchange listings and data sources
- Name: CSP Inc.
- Ticker: CSPI
- Exchange: NasdaqGM
- Founded: 1968
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$32.437m
- Shares outstanding: 4.56m
- Website: https://www.cspi.com
Number of Employees
- CSP Inc.
- 175 Cabot Street
- Suite 210
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSPI||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jan 1982|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 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.