CPI Card Group
CPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. The last earnings update was 14 days ago. More info.
Add to Portfolio Compare Print
- CPI Card Group has significant price volatility in the past 3 months.
PMTS Share Price and Events
7 Day Returns
1 Year Returns
PMTS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| CPI Card Group (PMTS) | 3.6% | 9.6% | 48.1% | 26.6% | -90% | - |
| US Tech | 4.7% | 9.5% | 14% | 3.9% | 67.2% | 111.5% |
| US Market | 1.6% | 2.1% | 12.8% | 3.2% | 38.6% | 43.6% |
1 Year Return vs Industry and Market
- PMTS outperformed the Tech industry which returned 3.9% over the past year.
- PMTS outperformed the Market in United States of America which returned 3.2% over the past year.
Value
Is CPI Card Group 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
CPI Card Group
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for CPI Card Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 2 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 14.7% |
| 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.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Tech Unlevered Beta | Simply Wall St/ S&P Global | 1.03 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 21%) (718.17%)) |
4.923 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%) |
14.65% |
Discounted Cash Flow Calculation for NasdaqCM:PMTS using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for CPI Card Group 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.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 14.65%) |
|
|---|---|---|---|
| 2019 | 13.32 | Analyst x1 | 11.62 |
| 2020 | 7.93 | Est @ -40.5% | 6.03 |
| 2021 | 5.74 | Est @ -27.53% | 3.81 |
| 2022 | 4.68 | Est @ -18.45% | 2.71 |
| 2023 | 4.12 | Est @ -12.1% | 2.08 |
| 2024 | 3.80 | Est @ -7.65% | 1.67 |
| 2025 | 3.63 | Est @ -4.54% | 1.39 |
| 2026 | 3.55 | Est @ -2.36% | 1.19 |
| 2027 | 3.52 | Est @ -0.83% | 1.03 |
| 2028 | 3.52 | Est @ 0.24% | 0.90 |
| Present value of next 10 years cash flows | $32.43 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $3.52 × (1 + 2.73%) ÷ (14.65% – 2.73%) |
$30.37 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $30.37 ÷ (1 + 14.65%)10 |
$7.74 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $32.43 + $7.74 |
$40.17 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $40.17 / 11.16 |
$3.6 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $3.60 |
| Current discount | Discount to share price of
$3.84
= -1 x ($3.84 - $3.60) / $3.60 |
-6.5% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of CPI Card Group is above its future cash flow value.
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 CPI Card Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
CPI Card Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $-1.33 |
| NasdaqCM:PMTS Share Price ** | NasdaqCM (2019-03-19) in USD | $3.84 |
| United States of America Tech Industry PE Ratio | Median Figure of 15 Publicly-Listed Tech Companies | 16.94x |
| United States of America Market PE Ratio | Median Figure of 3,056 Publicly-Listed Companies | 17.77x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of CPI Card Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqCM:PMTS Share Price ÷ EPS (both in USD) = 3.84 ÷ -1.33 |
-2.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CPI Card Group is loss making, we can't compare its value to the US Tech industry average.
- CPI Card Group is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
CPI Card Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -2.89x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts |
91%per year |
| United States of America Tech Industry PEG Ratio | Median Figure of 8 Publicly-Listed Tech Companies | 1.08x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.49x |
*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 CPI Card Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
CPI Card Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $-13.40 |
| NasdaqCM:PMTS Share Price * | NasdaqCM (2019-03-19) in USD | $3.84 |
| United States of America Tech Industry PB Ratio | Median Figure of 37 Publicly-Listed Tech Companies | 1.85x |
| United States of America Market PB Ratio | Median Figure of 5,154 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqCM:PMTS Share Price ÷ Book Value per Share (both in USD) = 3.84 ÷ -13.40 |
-0.29x |
* Primary Listing of CPI Card Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CPI Card Group has negative assets, we can't compare the value of its assets to the US Tech industry average.
Value checks
We assess CPI Card Group's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check) CPI Card Group has a total score of 0/6, 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
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!
Earnings growth vs Low Risk Savings
- Unable to compare CPI Card Group's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
- Unable to compare CPI Card Group's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
- CPI Card Group's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqCM:PMTS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts | 91% |
| NasdaqCM:PMTS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts | 4.9% |
| United States of America Tech Industry Earnings Growth Rate | Market Cap Weighted Average | 4.7% |
| United States of America Tech Industry Revenue Growth Rate | Market Cap Weighted Average | 3.1% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | 283 | -2 | 2 | |
| 2019-12-31 | 273 | 20 | -4 | 2 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 256 | 4 | -15 |
| 2018-09-30 | 276 | 5 | -21 |
| 2018-06-30 | 266 | 8 | -21 |
| 2018-03-31 | 259 | 6 | -23 |
| 2017-12-31 | 224 | 2 | -23 |
| 2017-09-30 | 234 | 13 | -13 |
| 2017-06-30 | 254 | 19 | -8 |
| 2017-03-31 | 273 | 38 | -5 |
| 2016-12-31 | 309 | 60 | 5 |
| 2016-09-30 | 335 | 39 | 8 |
| 2016-06-30 | 361 | 58 | 11 |
| 2016-03-31 | 383 | 48 | 11 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 2 Analyst Estimates (S&P Global) | See Below |
All data from CPI Card Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2020-12-31 | -0.18 | -0.18 | -0.18 | 1.00 |
| 2019-12-31 | -0.37 | -0.37 | -0.37 | 1.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | -1.33 |
| 2018-09-30 | -1.88 |
| 2018-06-30 | -1.85 |
| 2018-03-31 | -2.07 |
| 2017-12-31 | -2.08 |
| 2017-09-30 | -1.14 |
| 2017-06-30 | -0.71 |
| 2017-03-31 | -0.44 |
| 2016-12-31 | 0.48 |
| 2016-09-30 | 0.69 |
| 2016-06-30 | 1.08 |
| 2016-03-31 | 1.14 |
*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 CPI Card Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess CPI Card Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
CPI Card Group has a total score of 0/6, 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 CPI Card Group 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
Past Earnings growth analysis
- CPI Card Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare CPI Card Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare CPI Card Group's 1-year growth to the US Tech industry average as it is not currently profitable.
Earnings and Revenue History
All data from CPI Card Group Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 255.81 | -14.80 | 68.01 | |
| 2018-09-30 | 275.91 | -20.91 | 70.83 | |
| 2018-06-30 | 265.92 | -20.62 | 68.36 | |
| 2018-03-31 | 259.30 | -23.09 | 66.91 | |
| 2017-12-31 | 223.74 | -23.09 | 62.21 | |
| 2017-09-30 | 233.64 | -12.68 | 60.84 | |
| 2017-06-30 | 253.84 | -7.86 | 62.11 | |
| 2017-03-31 | 272.73 | -4.91 | 64.44 | |
| 2016-12-31 | 308.70 | 5.40 | 64.01 | |
| 2016-09-30 | 334.89 | 7.70 | 65.91 | |
| 2016-06-30 | 361.38 | 11.34 | 64.56 | |
| 2016-03-31 | 383.19 | 11.08 | 62.44 | |
| 2015-12-31 | 374.11 | -1.29 | 61.12 | |
| 2015-09-30 | 368.41 | -6.75 | 57.31 | |
| 2015-06-30 | 338.09 | -18.34 | 54.84 | |
| 2015-03-31 | 295.79 | -25.08 | 48.13 | |
| 2014-12-31 | 261.01 | -28.51 | 42.65 | |
| 2013-12-31 | 196.37 | -24.07 | 29.42 | |
| 2012-12-31 | 183.79 | -27.64 | 29.23 |
*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.
- It is difficult to establish if CPI Card Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
- CPI Card Group used its assets less efficiently than the US Tech industry average last year based on Return on Assets.
- It is difficult to establish if CPI Card Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess CPI Card Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
CPI Card Group has a total score of 0/6, 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 CPI Card Group'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 CPI Card Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- CPI Card Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- CPI Card Group's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- CPI Card Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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.
All data from CPI Card Group Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | -149.58 | 307.38 | 20.29 |
| 2018-09-30 | -142.34 | 306.04 | 12.82 |
| 2018-06-30 | -140.26 | 305.59 | 17.75 |
| 2018-03-31 | -123.42 | 307.92 | 20.20 |
| 2017-12-31 | -119.57 | 303.87 | 23.21 |
| 2017-09-30 | -105.59 | 303.38 | 14.82 |
| 2017-06-30 | -105.76 | 302.90 | 17.93 |
| 2017-03-31 | -101.88 | 302.41 | 25.91 |
| 2016-12-31 | -95.27 | 301.92 | 36.96 |
| 2016-09-30 | -88.96 | 301.44 | 21.27 |
| 2016-06-30 | -91.00 | 309.96 | 31.50 |
| 2016-03-31 | -82.25 | 309.48 | 26.85 |
| 2015-12-31 | -86.61 | 309.00 | 13.61 |
| 2015-09-30 | -207.81 | 426.49 | 15.86 |
| 2015-06-30 | 54.19 | 167.50 | 13.01 |
| 2015-03-31 | 41.60 | 172.27 | 17.78 |
| 2014-12-31 | 36.56 | 178.81 | 12.94 |
| 2013-12-31 | 19.31 | 122.31 | 9.70 |
| 2012-12-31 |
- CPI Card Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
- Irrelevant to check if CPI Card Group's debt level has increased considering it has negative shareholder equity.
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.
- CPI Card Group has sufficient cash runway for more than 3 years based on current free cash flow.
- CPI Card Group has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 91.2% each year.
Financial health checks
We assess CPI Card Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) CPI Card Group has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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 CPI Card Group'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
If you bought
$2,000 of
CPI Card Group
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate CPI Card Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate CPI Card Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
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.
| 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 2 Analyst Estimates (S&P Global) | See Below |
| United States of America Tech Industry Average Dividend Yield | Market Cap Weighted Average of 8 Stocks | 1.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| 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 | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2020-12-31 | ||
| 2019-12-31 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-06 | 0.000 | 0.000 |
| 2018-11-07 | 0.000 | 0.000 |
| 2018-08-09 | 0.000 | 0.000 |
| 2018-05-09 | 0.000 | 0.000 |
| 2018-05-08 | 0.000 | 0.000 |
| 2018-03-13 | 0.000 | 0.000 |
| 2018-03-12 | 0.000 | 0.000 |
| 2017-11-08 | 0.000 | 0.000 |
| 2017-11-07 | 0.000 | 0.000 |
| 2017-08-03 | 0.900 | 16.404 |
| 2017-08-02 | 0.900 | 9.189 |
| 2017-03-01 | 0.900 | 6.014 |
| 2016-11-10 | 0.900 | 4.294 |
| 2016-11-09 | 0.900 | 4.215 |
| 2016-08-11 | 0.900 | 3.276 |
| 2016-08-10 | 0.900 | 4.115 |
| 2016-02-24 | 0.900 | 3.169 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as CPI Card Group has not reported any payouts.
- Unable to verify if CPI Card Group's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess CPI Card Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can CPI Card Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) CPI Card Group has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $1,443,513 |
| AGE | 55 |
| TENURE AS CEO | 1.4 years |
CEO Bio
Mr. Scott T. Scheirman has been President and Chief Executive Officer of CPI Card Group since October 5, 2017. Mr. Scheirman serves as Strategic Business Advisor and the Chief Executive Officer of JKL Ventures LLC. Mr. Scheirman has more than two decades of executive leadership experience with financial services and technology enabled companies. Mr. Scheirman served as a Senior Advisor of The Western Union Company from December 31, 2013 to February 28, 2014. He served as the Chief Financial Officer and Executive Vice President of The Western Union Company since September 2006 until December 31, 2013, where he helped expand revenue from technology enabled B2B and consumer digital product offerings more than six-fold in five years and had broad global executive responsibilities, including leading business planning and analysis, financial operations and process improvement. He served as Chief Financial Officer and Global Operations at The Western Union Company from January 2012 to November 2012. Prior to Western Union, Mr. Scheirman spent twelve years at First Data Corporation in a variety of executive leadership roles. He served as the Senior Vice President and Chief Financial Officer for Western Union from 1999 to 2006. Prior to joining First Data, he was with Ernst & Young LLP, where he was responsible for leading multiple audit and business advisory services. Mr. Scheirman serves as the Chairman of the First Data Corporation/Western Union Foundation. He joined First Data in 1992. He has been a Director of CPI Card Group Inc. since October 03, 2016. Mr. Scheirman holds a B.S. in Business Administration with an emphasis in Accounting from University of Northern Colorado and a Certified Public Accountant from AICPA.
CEO Compensation
- Scott's compensation has increased whilst company is loss making.
- Scott's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the CPI Card Group management team in years:
- The average tenure for the CPI Card Group management team is less than 2 years, this suggests a new team.
Management Team
Scott Scheirman
President
$1M
55
1.4 yrs
Lane Dubin
Senior VP and General Manager of Prepaid & Instant Issuance
$539K
49
1.2 yrs
John Lowe
Chief Financial Officer
41
0.7 yrs
Kevin O’Brien
Chief Accounting Officer
38
0.9 yrs
Rob Grant
VP & Chief Information Officer
0.9 yrs
Sarah Kilgore
Chief Legal & Compliance Officer and Corporate Secretary
50
1.3 yrs
Lisa Jacoba
Chief Human Resources Officer
$786K
51
3.8 yrs
Jason Bohrer
Senior VP & General Manager of Secure Card Solutions
$599K
47
1.2 yrs
Guy DeMaggio
Senior VP & GM of Personalization
0.7 yrs
Guy DiMaggio
Senior VP & GM of Personalization
0.7 yrs
Board of Directors Tenure
Average tenure and age of the CPI Card Group board of directors in years:
- The tenure for the CPI Card Group board of directors is about average.
Board of Directors
Brad Seaman
Chairman of the Board
58
Scott Scheirman
President
$1M
55
2.4 yrs
Nick Peters
Independent Director
45
12.2 yrs
Rob Pearce
Director
$128K
63
12.2 yrs
Doug Pearce
Director
$120K
65
3.2 yrs
Valerie Keating
Director
54
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess CPI Card Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) CPI Card Group 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
One Thing To Remember About The CPI Card Group Inc. (NASDAQ:PMTS) Share Price
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.
Simply Wall St - – Full articleCould CPI Card Group Inc.'s (NASDAQ:PMTS) Investor Composition Influence The Stock Price?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … CPI Card Group is a smaller company with a market capitalization of US$33m, so it may still be flying under the radar of many institutional investors. … institutions are noticeable on the share registry.
Simply Wall St - – Full articleHow Much Of CPI Card Group Inc (NASDAQ:PMTS) Do Institutions Own?
Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … CPI Card Group is a smaller company with a market capitalization of US$33m, so it may still be flying under the radar of many institutional investors. … institutions own shares in the company.
Simply Wall St - – Full articleA Look At The Intrinsic Value Of CPI Card Group Inc (NASDAQ:PMTS)
by taking the expected future cash flows and discounting them to their present value. … discounted cash flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Simply Wall St - – Full articleWhy CPI Card Group Inc's (NASDAQ:PMTS) Ownership Structure Is Important
For shareholders in PMTS, sharp price movements may not be a major concern as active hedge funds hold a relatively small stake in the company. … An insider stake of this level indicates that executives are highly aligned with the shareholders as both stand to gain when the value of the company rises. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.
Simply Wall St - – Full articleWhat Is The Future Prospect For Tech And CPI Card Group Inc (NASDAQ:PMTS)?
CPI Card Group Inc (NASDAQ:PMTS), is a US$30.51M small-cap, which operates in the tech hardware industry based in United States. … In this article, I’ll take you through the tech sector growth expectations, as well as evaluate whether CPI Card Group is lagging or leading its competitors in the industry. … See our latest analysis for CPI Card Group What’s the catalyst for CPI Card Group's sector growth?
Simply Wall St - – Full articleWhat You Need To Know About CPI Card Group Inc’s (NASDAQ:PMTS) Cash Situation
There are two methods I will use to evaluate the quality of CPI Card Group’s FCF: firstly, I will measure its FCF yield relative to the market index yield; secondly, I will examine whether its operating cash flow will continue to grow into the future, which will give us a sense of sustainability. … Free Cash Flow = Operating Cash Flows – Net Capital Expenditure Free Cash Flow Yield = Free Cash Flow / Enterprise Value where Enterprise Value = Market Capitalisation + Net Debt After accounting for capital expenses required to run the business, CPI Card Group is not able to generate positive FCF, leading to a negative FCF yield – not very useful for interpretation! … NasdaqCM:PMTS Net Worth May 1st 18 Does CPI Card Group have a favourable cash flow trend?
Simply Wall St - – Full articleCalculating The Intrinsic Value Of CPI Card Group Inc (NASDAQ:PMTS)
5-year cash flow forecast 2018 2019 2020 2021 2022 Levered FCF ($, Millions) $-0.13 $6.12 $6.16 $6.20 $6.25 Source Analyst x2 Analyst x1 Extrapolated @ (0.69%) Extrapolated @ (0.69%) Extrapolated @ (0.69%) Present Value Discounted @ 17.53% $-0.11 $4.43 $3.79 $3.25 $2.79 Present Value of 5-year Cash Flow (PVCF)= $14 After calculating the present value of future cash flows in the intial 5-year period we need to calculate the Terminal Value, which accounts for all the future cash flows beyond the first stage. … Terminal Value (TV) = FCF2022 × (1 + g) ÷ (r – g) = $6 × (1 + 2.5%) ÷ (17.5% – 2.5%) = $42 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = $42 / ( 1 + 17.5%)5 = $19 The total value is the sum of cash flows for the next five years and the discounted terminal value, which results in the Total Equity Value, which in this case is $33. … NasdaqCM:PMTS Intrinsic Value Apr 27th 18 The assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.
Simply Wall St - – Full articleCompany Info
Description
CPI Card Group Inc., together with its subsidiaries, engages in the design, production, data personalization, packaging, and fulfillment of financial payment cards. It operates through U.S. Debit and Credit, U.S. Prepaid Debit, and U.K. Limited segments. The U.S. Debit and Credit segment produces financial payment cards and provides integrated card services to card-issuing banks in the United States. Its products include EMV and non-EMV credit cards, debit cards, and prepaid debit cards issued on the networks of the payment card brands, as well as private label credit cards. This segment also provides various integrated card services, including card personalization and fulfillment, and instant issuance services. The U.S. Prepaid Debit segment primarily offers integrated card services comprising tamper-evident security packaging, card personalization, and fulfillment services to prepaid debit card providers in the United States. It also produces financial payment cards issued on the networks of the payment card brands. The U.K. Limited segment primarily produces retail cards, such as gift and loyalty cards for customers in the United Kingdom and continental Europe. It also provides card personalization, packaging, and fulfillment services. The company serves national and regional banks, independent community banks, credit unions, prepaid debit card program managers, group service providers, and card transaction processors through field-based sales representatives in the United States, Canada, the United Kingdom, and internationally. The company was formerly known as CPI Holdings I, Inc. and changed its name to CPI Card Group Inc. in August 2015. CPI Card Group Inc. was founded in 2007 and is headquartered in Littleton, Colorado.
Details
| Name: | CPI Card Group Inc. |
| PMTS | |
| Exchange: | NasdaqCM |
| Founded: | 2007 |
| $42,800,659 | |
| 11,160,537 | |
| Website: | http://www.cpicardgroup.com |
| Address: |
CPI Card Group Inc. 10026 West San Juan Way, Littleton, Colorado, 80127, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqCM | PMTS | Common Stock | Nasdaq Capital Market | US | USD | 08. Oct 2015 | |
| DB | CPB1 | Common Stock | Deutsche Boerse AG | DE | EUR | 08. Oct 2015 | |
| TSX | PMTS | Common Stock | The Toronto Stock Exchange | CA | CAD | 08. Oct 2015 |
Number of employees
Current staff
Industry
| Technology Hardware, Storage and Peripherals | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 00:32 |
| End of day share price update: | 2019/03/19 00:00 |
| Last estimates confirmation: | 2019/03/12 |
| Last earnings filing: | 2019/03/06 |
| 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.
