Added to YB: 2025-01-30
Pitch date: 2025-01-28
CMG.TO [bullish]
Computer Modelling Group Ltd.
+0.68%
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 849.6M
Pitch Price
CAD 10.36
Price Target
N/A
Dividend
1.93%
Sector
Software
Category
growth
New compounding star at the horizon: Computer Modelling Group
CMG.TO: Software for oil & gas reservoir simulation. 98% renewal rate, 650 customers in 57 countries. New CEO since 2022 driving growth strategy (CMG 4.0). Revenue CAGR 28% since 2022. Expanding into energy transition. High margins (80.3% gross, 16.4% net), 26.7% ROIC. Attractive valuation at 4.2% FCF yield. Risks: tech disruption, cybersecurity.
Read full article (11 min)