Professional
Added to YB: 2024-12-04
Pitch date: 2024-11-30
CMG.TO [bullish]
Computer Modelling Group Ltd.
-52.29%
current return
Author Info
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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 10.23
Price Target
17.33 (+255%)
Dividend
0.69%
EV/EBITDA
10.96
P/E
22.36
EV/Sales
3.69
Sector
Software
Category
growth
Computer Modelling Group Ltd. - $CMG.TO
CMG.TO: Leading reservoir simulation software provider expanding into energy transition. 19% organic growth in core segment, 28% in BHV. New 4.0 strategy focuses on M&A for portfolio expansion. Strong financials: 47% revenue growth, 40% adj EBITDA margin. TAM $1B by 2030. Risks: commodity price volatility, geopolitical exposure.
Read full article (27 min)