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Columbus

OTCPK:COLO.F
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
COLO.F
OTCPK
DKK2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Columbus A/S develops and sells industry-specific software for the retail, food, and manufacturing industries worldwide. The last earnings update was 130 days ago. More info.


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COLO.F Share Price and Events
7 Day Returns
0%
OTCPK:COLO.F
-0.1%
US IT
-1.2%
US Market
1 Year Returns
-
OTCPK:COLO.F
23%
US IT
3.4%
US Market
COLO.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Columbus (COLO.F) 0% 0% - - 60.3% -
US IT -0.1% 3.7% 11.6% 23% 94.3% 115.2%
US Market -1.2% 1.2% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • No trading data on COLO.F.
  • No trading data on COLO.F.
Price Volatility
COLO.F
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Columbus undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Columbus to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Columbus.

OTCPK:COLO.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:COLO.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.986 (1 + (1- 22%) (12.78%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.056 * 5.96%)
9.03%

Discounted Cash Flow Calculation for OTCPK:COLO.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Columbus is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:COLO.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 9.03%)
2020 65.86 Est @ -8.04% 60.41
2021 62.69 Est @ -4.81% 52.74
2022 61.10 Est @ -2.55% 47.14
2023 60.51 Est @ -0.96% 42.82
2024 60.59 Est @ 0.14% 39.34
2025 61.15 Est @ 0.92% 36.41
2026 62.05 Est @ 1.46% 33.89
2027 63.19 Est @ 1.84% 31.65
2028 64.52 Est @ 2.11% 29.64
2029 66.00 Est @ 2.3% 27.81
Present value of next 10 years cash flows DKK401.86
OTCPK:COLO.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= DKK66.00 × (1 + 2.73%) ÷ (9.03% – 2.73%)
DKK1,077.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK1,077.00 ÷ (1 + 9.03%)10
DKK453.86
OTCPK:COLO.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK401.86 + DKK453.86
DKK855.72
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK855.72 / 124.62
DKK6.87
OTCPK:COLO.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:COLO.F represents 0.16113x of CPSE:COLUM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.16113x
Value per Share
(Listing Adjusted, USD)
= Value per Share (DKK) x Listing Adjustment Factor
= DKK 6.87 x 0.16113
$1.11
Value per share (USD) From above. $1.11
Current discount Discount to share price of $1.94
= -1 x ($1.94 - $1.11) / $1.11
-75.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Columbus is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Columbus's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Columbus's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:COLO.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in DKK DKK0.78
CPSE:COLUM Share Price ** CPSE (2019-05-03) in DKK DKK12.04
United States of America IT Industry PE Ratio Median Figure of 76 Publicly-Listed IT Companies 35.17x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Columbus.

OTCPK:COLO.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CPSE:COLUM Share Price ÷ EPS (both in DKK)

= 12.04 ÷ 0.78

15.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Columbus is good value based on earnings compared to the US IT industry average.
  • Columbus is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Columbus's expected growth come at a high price?
Raw Data
OTCPK:COLO.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.8%per year
United States of America IT Industry PEG Ratio Median Figure of 65 Publicly-Listed IT Companies 2.56x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Columbus, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Columbus's assets?
Raw Data
OTCPK:COLO.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in DKK DKK5.23
CPSE:COLUM Share Price * CPSE (2019-05-03) in DKK DKK12.04
United States of America IT Industry PB Ratio Median Figure of 126 Publicly-Listed IT Companies 4.08x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
OTCPK:COLO.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CPSE:COLUM Share Price ÷ Book Value per Share (both in DKK)

= 12.04 ÷ 5.23

2.3x

* Primary Listing of Columbus.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Columbus is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Columbus's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Columbus has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Columbus expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Columbus, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Columbus expected to grow at an attractive rate?
  • Columbus's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Columbus's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Columbus's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:COLO.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:COLO.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.8%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.8%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:COLO.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:COLO.F Future Estimates Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:COLO.F Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2018-12-31 1,875 124 95
2018-09-30 1,715 128 101
2018-06-30 1,555 133 106
2018-03-31 1,387 118 101
2017-12-31 1,219 104 95
2017-09-30 1,230 118 88
2017-06-30 1,240 133 80
2017-03-31 1,217 129 81
2016-12-31 1,193 125 81
2016-09-30 1,181 124 79
2016-06-30 1,170 123 78
2016-03-31 1,146 116 71

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Columbus's earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Columbus is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:COLO.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Columbus Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:COLO.F Future Estimates Data
Date (Data in DKK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:COLO.F Past Financials Data
Date (Data in DKK Millions) EPS *
2018-12-31 0.78
2018-09-30 0.83
2018-06-30 0.88
2018-03-31 0.84
2017-12-31 0.80
2017-09-30 0.74
2017-06-30 0.69
2017-03-31 0.69
2016-12-31 0.70
2016-09-30 0.69
2016-06-30 0.68
2016-03-31 0.63

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Columbus will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Columbus's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Columbus has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Columbus performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Columbus's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Columbus has delivered over 20% year on year earnings growth in the past 5 years.
  • Columbus's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Columbus's 1-year earnings growth is negative, it can't be compared to the US IT industry average.
Earnings and Revenue History
Columbus's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Columbus Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:COLO.F Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,875.25 95.06 1,321.01
2018-09-30 1,714.93 100.71 1,189.90
2018-06-30 1,554.60 106.37 1,058.78
2018-03-31 1,386.68 100.75 935.60
2017-12-31 1,218.76 95.13 812.43
2017-09-30 1,229.62 87.78 821.87
2017-06-30 1,240.49 80.44 831.31
2017-03-31 1,216.60 80.67 813.74
2016-12-31 1,192.71 80.90 796.18
2016-09-30 1,181.12 79.41 785.48
2016-06-30 1,169.54 77.93 774.79
2016-03-31 1,146.49 71.37 766.46
2015-12-31 1,123.44 64.82 758.13
2015-09-30 1,056.88 62.80 714.15
2015-06-30 990.32 60.77 670.17
2015-03-31 934.30 55.80 633.34
2014-12-31 878.29 50.82 596.51
2014-09-30 870.46 41.02 595.87
2014-06-30 862.63 31.23 595.23
2014-03-31 871.22 27.74 594.77
2013-12-31 879.81 24.26 594.31
2013-09-30 886.47 15.61 594.62
2013-06-30 893.13 6.96 594.92
2013-03-31 887.16 5.29 590.21
2012-12-31 881.19 3.62 585.49
2012-09-30 847.00 9.56 571.49

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Columbus has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Columbus used its assets more efficiently than the US IT industry average last year based on Return on Assets.
  • Columbus's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Columbus's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Columbus has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Columbus's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Columbus's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Columbus's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Columbus's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Columbus's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Columbus Company Filings, last reported 6 months ago.

OTCPK:COLO.F Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 639.72 191.76 108.91
2018-09-30 639.72 191.76 108.91
2018-06-30 581.42 186.88 116.81
2018-03-31 581.42 186.88 116.81
2017-12-31 552.14 9.42 88.24
2017-09-30 552.14 9.42 88.24
2017-06-30 503.23 14.35 73.72
2017-03-31 503.23 14.35 73.72
2016-12-31 471.59 29.09 94.67
2016-09-30 471.59 29.09 94.67
2016-06-30 419.05 0.24 83.37
2016-03-31 419.05 0.24 83.37
2015-12-31 388.75 0.42 82.29
2015-09-30 388.75 0.42 82.29
2015-06-30 350.75 35.69 76.71
2015-03-31 350.75 35.69 76.71
2014-12-31 330.13 1.28 99.02
2014-09-30 330.13 1.28 99.02
2014-06-30 296.91 1.29 86.59
2014-03-31 296.91 1.29 86.59
2013-12-31 283.98 3.66 75.41
2013-09-30 283.98 3.66 75.41
2013-06-30 284.98 4.84 66.32
2013-03-31 284.98 4.84 66.32
2012-12-31 280.53 1.34 38.81
2012-09-30 280.53 1.34 38.81
  • Columbus's level of debt (30%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.3% vs 30% today).
  • Debt is well covered by operating cash flow (64.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 29.5x coverage).
X
Financial health checks
We assess Columbus's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Columbus has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Columbus's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.04%
Current annual income from Columbus dividends.
If you bought $2,000 of Columbus shares you are expected to receive $21 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Columbus's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Columbus's dividend is below the markets top 25% of dividend payers in United States of America (3.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:COLO.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:COLO.F Future Dividends Estimate Data
Date (Data in DKK) Dividend per Share (annual) Avg. No. Analysts
OTCPK:COLO.F Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2019-04-30 0.125 1.014
2018-03-15 0.125 0.866
2017-03-16 0.125 0.901
2016-03-17 0.125 1.219
2015-03-17 0.125 2.189
2014-03-18 0.125 2.528

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Columbus has been paying a dividend for less than 10 years.
  • Columbus has only been paying a dividend for 5 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Columbus's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Columbus's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Columbus afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Columbus has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Columbus's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Thomas Honoré
AGE 50
TENURE AS CEO 8.2 years
CEO Bio

Mr. Thomas Gregers Honoré has been the Chief Executive Officer and President at Columbus A/S (Alternate Name: Columbus IT Partner A/S) since May 2011 and serves as its Member of Executive Board. Mr. Honoré has been a Non Executive Director of Ramboll Group A/S since April 2018. He served as a Vice President and Chief Executive Officer of Oracle Denmark, where he has been since 2005. He has for seven years filed various Top Positions within the IBM group. He has vast experience within driving software development, solution sales and consultancy perfectly matches Columbus IT´s strategy. He holds a Master of Science (Cand. Merc.) from Copenhagen Business School and various executive educations from London Business School and INSEAD.

CEO Compensation
  • Insufficient data for Thomas to compare compensation growth.
  • Insufficient data for Thomas to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Columbus management team in years:

5.6
Average Tenure
51
Average Age
  • The average tenure for the Columbus management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Thomas Honoré

TITLE
CEO, President & Member of the Executive Board
AGE
50
TENURE
8.2 yrs

Hans Thrane

TITLE
CFO & Member of the Executive Board
AGE
51
TENURE
9 yrs

Henning Gershof

TITLE
Vice President of Sales & Marketing
TENURE
3.1 yrs

Ole Fritze

TITLE
Senior Vice President of Services
AGE
53

John Hendrickson

TITLE
Senior Vice President of Business Transformation
TENURE
2.3 yrs

Thomas Hauge

TITLE
Chief Executive Officer of North America - Columbus US
Board of Directors Tenure

Average tenure and age of the Columbus board of directors in years:

4.2
Average Tenure
61.5
Average Age
  • The tenure for the Columbus board of directors is about average.
Board of Directors

Ib Kunøe

TITLE
Chairman of the Board
AGE
76
TENURE
15.5 yrs

Sven Madsen

TITLE
Deputy Chairman
AGE
55
TENURE
1.3 yrs

Peter Hansen

TITLE
Director
AGE
68
TENURE
6.9 yrs

Karina Kirk

TITLE
Director
AGE
48
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Columbus's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Columbus has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Columbus A/S develops and sells industry-specific software for the retail, food, and manufacturing industries worldwide. It provides analytics and business insights, business and application integration, business innovation, compliance and business continuity, customer experience, enterprise resource planning, and team and business productivity solutions; and application management, and cloud and infrastructure services. The company also offers various solutions for distribution and fashion; food, beverage, and process; and rental, lease, and equipment industries. Columbus A/S is headquartered in Ballerup, Denmark.

Details
Name: Columbus A/S
COLO.F
Exchange: OTCPK
Founded:
DKK225,519,398
124,622,132
Website: http://www.columbusglobal.com
Address: Columbus A/S
Lautrupvang 6,
Ballerup,
Capital Region of Denmark, 2750,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE COLUM Common Stock OMX Nordic Exchange Copenhagen DK DKK 18. May 1998
OTCPK COLO.F Common Stock Pink Sheets LLC US USD 18. May 1998
DB P1F Common Stock Deutsche Boerse AG DE EUR 18. May 1998
LSE 0NPJ Common Stock London Stock Exchange GB DKK 18. May 1998
BATS-CHIXE COLUMC Common Stock BATS 'Chi-X Europe' GB DKK 18. May 1998
Number of employees
Current staff
Staff numbers
2,000
Columbus employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/21 00:28
End of day share price update: 2019/05/03 00:00
Last estimates confirmation: 2018/03/15
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.