Cemtrex
Market Cap
US$35.9m
Last Updated
2021/02/26 00:06 UTC
Data Sources
Company Financials +
Executive Summary
Cemtrex, Inc. operates as a technology company in the United States and internationally. More Details
Risk Analysis
Shareholders have been substantially diluted in the past year
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Excellent balance sheet and overvalued.
Share Price & News
How has Cemtrex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CETX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: CETX's weekly volatility has decreased from 29% to 16% over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-21.3%
CETX
-1.8%
US Electronic
-3.2%
US Market
1 Year Return
46.0%
CETX
52.2%
US Electronic
38.9%
US Market
Return vs Industry: CETX underperformed the US Electronic industry which returned 50.4% over the past year.
Return vs Market: CETX exceeded the US Market which returned 37.1% over the past year.
Shareholder returns
| CETX | Industry | Market | |
|---|---|---|---|
| 7 Day | -21.3% | -1.8% | -3.2% |
| 30 Day | 2.0% | 2.2% | -0.8% |
| 90 Day | 55.0% | 11.6% | 3.1% |
| 1 Year | 46.0%46.0% | 56.0%52.2% | 42.0%38.9% |
| 3 Year | -90.1%-90.1% | 54.7%48.0% | 60.6%50.3% |
| 5 Year | -86.6%-86.7% | 154.5%137.8% | 128.0%102.5% |
Long-Term Price Volatility Vs. Market
How volatile is Cemtrex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Is Cemtrex (NASDAQ:CETX) A Risky Investment?5 months ago | Simply Wall St
Here's Why Cemtrex (NASDAQ:CETX) Can Afford Some Debt9 months ago | Simply Wall St
Does Cemtrex, Inc. (NASDAQ:CETX) Have A High Beta?Valuation
Is Cemtrex undervalued compared to its fair value and its price relative to the market?
1.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CETX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CETX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CETX is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: CETX 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 CETX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CETX is good value based on its PB Ratio (1.1x) compared to the US Electronic industry average (3.1x).
Next Steps
Future Growth
How is Cemtrex forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
7.1%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CETX's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if CETX's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CETX's revenue (7.1% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: CETX's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CETX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Cemtrex performed over the past 5 years?
-61.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CETX is currently unprofitable.
Growing Profit Margin: CETX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CETX is unprofitable, and losses have increased over the past 5 years at a rate of 61.5% per year.
Accelerating Growth: Unable to compare CETX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CETX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-12.1%).
Return on Equity
High ROE: CETX has a negative Return on Equity (-27.84%), as it is currently unprofitable.
Next Steps
Financial Health
How is Cemtrex's financial position?
Financial Position Analysis
Short Term Liabilities: CETX's short term assets ($38.1M) exceed its short term liabilities ($14.8M).
Long Term Liabilities: CETX's short term assets ($38.1M) exceed its long term liabilities ($17.1M).
Debt to Equity History and Analysis
Debt Level: CETX's debt to equity ratio (60.9%) is considered high.
Reducing Debt: CETX's debt to equity ratio has reduced from 151.4% to 60.9% over the past 5 years.
Balance Sheet
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: CETX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CETX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37% each year
Next Steps
Dividend
What is Cemtrex current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CETX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CETX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CETX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CETX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CETX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CETX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.4yrs
Average management tenure
CEO
Saagar Govil (34 yo)
9.17yrs
Tenure
US$1,013,665
Compensation
Mr. Saagar Govil serves as Chairman of the Board and Chief Executive Officer of Vicon Industries, Inc. since March 23, 2018. He has extensive experience in operations, technology and public company oversig...
CEO Compensation Analysis
Compensation vs Market: Saagar's total compensation ($USD1.01M) is above average for companies of similar size in the US market ($USD507.93K).
Compensation vs Earnings: Saagar's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.17yrs | US$1.01m | 3.17% $ 1.1m | |
| Consultant | 0.42yr | US$520.06k | 3.26% $ 1.2m | |
| Chief Financial Officer | 0.083yr | no data | no data | |
| Chief Design Officer & Director of Operations | no data | no data | no data |
0.4yrs
Average Tenure
Experienced Management: CETX's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.17yrs | US$1.01m | 3.17% $ 1.1m | |
| Independent Director | 3yrs | no data | no data | |
| Independent Director | 1.17yrs | no data | no data |
3.0yrs
Average Tenure
56yo
Average Age
Experienced Board: CETX's board of directors are considered experienced (3 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 174.4%.
Top Shareholders
Company Information
Cemtrex, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cemtrex, Inc.
- Ticker: CETX
- Exchange: NasdaqCM
- Founded: 1998
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$35.936m
- Shares outstanding: 17.97m
- Website: https://www.cemtrex.com
Number of Employees
Location
- Cemtrex, Inc.
- 276 Greenpoint Avenue Boulvard 8
- Suite 208
- Brooklyn
- New York
- 11222
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CETX | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Oct 1998 |
| C42A | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1998 |
| CETX.P | NasdaqCM (Nasdaq Capital Market) | PFD SER 1 | US | USD | Feb 2017 |
Biography
Cemtrex, Inc. operates as a technology company in the United States and internationally. The company operates through two segments, Advanced Technologies and Industrial Services. The Advanced Technologies ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 00:06 |
| End of Day Share Price | 2021/02/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.