Computershare Limited provides investor, plan, communication, business, stakeholder relationship management, and technology services in Australia, the United States, the United Kingdom, Canada, Switzerland, and internationally.
Good value with adequate balance sheet and pays a dividend.
Share Price & News
How has Computershare's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMSQ.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CMSQ.Y underperformed the US IT industry which returned 29.5% over the past year.
Return vs Market: CMSQ.Y underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Computershare's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Computershare 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: CMSQ.Y ($10.95) is trading below our estimate of fair value ($13.72)
Significantly Below Fair Value: CMSQ.Y is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CMSQ.Y is good value based on its PE Ratio (21.3x) compared to the IT industry average (30.9x).
PE vs Market: CMSQ.Y is poor value based on its PE Ratio (21.3x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: CMSQ.Y is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: CMSQ.Y is good value based on its PB Ratio (3.8x) compared to the US IT industry average (4.1x).
How is Computershare forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMSQ.Y's forecast earnings growth (11% per year) is above the savings rate (1.7%).
Earnings vs Market: CMSQ.Y's earnings (11% per year) are forecast to grow slower than the US market (13.1% per year).
High Growth Earnings: CMSQ.Y's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMSQ.Y's revenue (1.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: CMSQ.Y's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMSQ.Y's Return on Equity is forecast to be high in 3 years time (23.3%)
How has Computershare performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMSQ.Y has high quality earnings.
Growing Profit Margin: CMSQ.Y's current net profit margins (12%) are lower than last year (17%).
Past Earnings Growth Analysis
Earnings Trend: CMSQ.Y's earnings have grown by 19.7% per year over the past 5 years.
Accelerating Growth: CMSQ.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CMSQ.Y had negative earnings growth (-27.6%) over the past year, making it difficult to compare to the IT industry average (12%).
Return on Equity
High ROE: CMSQ.Y's Return on Equity (18%) is considered low.
How is Computershare's financial position?
Financial Position Analysis
Short Term Liabilities: CMSQ.Y's short term assets ($1.5B) exceed its short term liabilities ($834.6M).
Long Term Liabilities: CMSQ.Y's short term assets ($1.5B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: CMSQ.Y's debt to equity ratio (134.3%) is considered high.
Reducing Debt: CMSQ.Y's debt to equity ratio has reduced from 147.3% to 134.3% over the past 5 years.
Debt Coverage: CMSQ.Y's debt is well covered by operating cash flow (21.4%).
Interest Coverage: CMSQ.Y's interest payments on its debt are well covered by EBIT (6.4x coverage).
Inventory Level: CMSQ.Y has a low level of unsold assets or inventory.
Debt Coverage by Assets: CMSQ.Y's debt is not covered by short term assets (assets are 0.7x debt).
What is Computershare's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMSQ.Y's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: CMSQ.Y's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: CMSQ.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMSQ.Y's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.2%), CMSQ.Y's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CMSQ.Y's dividends in 3 years are forecast to be covered by earnings (52.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stuart Irving (48yo)
Mr. Stuart James Irving has been the Chief Executive Officer, President and Executive Director of Computershare Limited since July 1, 2014 and served as its Chief Information Officer since 2008. Mr. Irving ...
CEO Compensation Analysis
Compensation vs Market: Stuart's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD6.39M).
Compensation vs Earnings: Stuart's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, President & Executive Director||5.6yrs||US$3.34m||0.046% $2.8m|
|Global Chief Information Officer||5.6yrs||US$1.01m||no data|
|Global Head of Issuer Services||0.4yrs||US$1.37m||0.0099% $593.4k|
|Global Head of Business Services||0.4yrs||US$824.95k||0.0029% $171.1k|
|CEO & President of North America for Computershare Inc (US)||0yrs||US$2.31m||0.031% $1.8m|
|President of Global Capital Markets - Computershare Inc (US)||14.1yrs||US$1.15m||0.10% $6.0m|
|CEO of Computershare EMEA & Georgeson||1.1yrs||US$848.89k||0.0032% $190.8k|
|President & CEO of Computershare Asia||1.8yrs||US$628.67k||no data|
|CFO & Global Head of Loan Services||0.2yrs||no data||no data|
|Global Chief Technology Officer||0.4yrs||no data||no data|
Experienced Management: CMSQ.Y's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|CEO, President & Executive Director||5.6yrs||US$3.34m||0.046% $2.8m|
|Non-Executive Director||5.3yrs||US$174.55k||0.0010% $61.0k|
|Non-Executive Director||5.3yrs||US$160.00k||0.0019% $110.7k|
|Non-Executive Director||9.4yrs||US$116.37k||no data|
|Independent Chairman of the Board||4.3yrs||US$271.86k||0.0043% $257.2k|
|Independent Non-Executive Director||2yrs||US$44.12k||0.0022% $132.2k|
|Independent Non-Executive Director||2yrs||US$50.90k||0.0036% $217.8k|
|Independent Non Executive Director||1.3yrs||no data||0.0015% $88.5k|
Experienced Board: CMSQ.Y's board of directors are considered experienced (4.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Computershare Limited's company bio, employee growth, exchange listings and data sources
- Name: Computershare Limited
- Ticker: CMSQ.Y
- Exchange: OTCPK
- Founded: 1978
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: AU$9.044b
- Listing Market Cap: AU$5.982b
- Shares outstanding: 540.88m
- Website: https://www.computershare.com
Number of Employees
- Computershare Limited
- Yarra Falls
- 452 Johnston Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CMSQ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 1994|
|CPU||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jun 1994|
|QCH||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 1994|
|CPU||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jun 1994|
|CMSQ.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Jul 2004|
Computershare Limited provides investor, plan, communication, business, stakeholder relationship management, and technology services in Australia, the United States, the United Kingdom, Canada, Switzerland, and internationally. The company’s issuer services comprise the provision of registry maintenance and related services; plan services operations include the provision of administration and related services for employee share and option plans; and communication services consist of document composition and printing, intelligent mailing, inbound process automation, scanning, and electronic delivery. Its business services operations include the provision of corporate trust, class action, bankruptcy, childcare voucher administration, tenant bond protection, utilities administration, and mutual fund administration support services, as well as mortgage servicing activities; and stakeholder relationship management services group offers investor analysis, investor communication and management, and information services to companies, including its employees, shareholders, and other security industry participants. The company’s technology services consist of the provision of software in share registry and financial services. It also offers transfer agencies, licensed dealers, and deposit protection services. The company was founded in 1978 and is headquartered in Abbotsford, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:16|
|End of Day Share Price||2020/02/24 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.