Added to YB: 2025-02-17
Pitch date: 2025-02-13
CMG.TO [bullish]
Computer Modelling Group Ltd.
-42.14%
current return
Author Info
Compound & Fire shares at least one company deep dive every month. Sign up for the newsletter.
Company Info
Computer Modelling Group Ltd., a software and consulting technology company, engages in the development and licensing of reservoir simulation and seismic interpretation software and related services.
Market Cap
CAD 480.0M
Pitch Price
CAD 8.71
Price Target
N/A
Dividend
0.69%
EV/EBITDA
10.96
P/E
22.36
EV/Sales
3.69
Sector
Software
Category
growth
Adding to my position on Computer Modelling Group ($CMG.to)
CMG.TO: Q3 rev $35.8M (+8.5% YoY), op profit $11.2M (+37% YoY). R&P rev -1%, Seismic +26% (9% organic). YTD rev $95.8M, op profit $25.3M (-2%). Shifting to recurring software rev. 8% growth needed for 10y to justify $9.30. CEO targets low double-digit growth. Increasing stake to 8% of portfolio.
Read full article (2 min)