CSP Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.26
Dividend & Yield0.12$ (1.52%)
Beta 1.3
Market capitalization 38M
Operating cash flow 1.25M
ESG Scores unknown

Company description

CSP Inc. develops and markets IT integration solutions, security products, managed IT services, purpose built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value added reseller to various customers in Web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries. This segment also offers professional IT consulting services, such as planning, designing, assessment, implementation, migration, optimization, and project management; storage and virtualization solutions; enterprise security intrusion prevention, network access control, and unified threat management services; and IT security compliance services. In addition, this segment provides unified communications, wireless, and routing and switching solutions; custom software applications and solutions development and support services; optimization, maintenance, and technical support services; and managed IT services, such as monitoring, reporting, and management of alerts for the resolution and preventive general IT, as well as IT security support tasks. Further, this segment offers managed and cloud services, such as proactive monitoring and remote management of IT infrastructure, managed and hosted unified communication services, security, and backup and replication. The High Performance Products segment offers ARIA Software-Defined Security, a cybersecurity solution; Myricom network adapters; and multicomputer products for digital signal processing applications in the defense markets. CSP Inc. was incorporated in 1968 and is headquartered in Lowell, Massachusetts.

Sector: Technology - Industry: Information Technology Services

Financial Ratios
Quick Ratio2.53
Working Capital0.02
Return On Equity0.02
Debt To Equity0.03
Fixed Asset Ratio0
Fixed Interest Cover-3.89

Financial data

Financial Statements

Cashflow Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Change To Liabilities -2.28M 6.99M -7.82M 6.67M
Total Cashflows From Investing Activities 13.64M -976k -345k -166k
Net Borrowings 67k -63k 1.86M -1.24M
Total Cash From Financing Activities -1.6M -2.25M 832k -954k
Change To Operating Activities -1.13M -8.39M 2.81M -1.91M
Issuance Of Stock 253k 280k 279k 283k
Net Income 14.44M -371k -1.45M 699k
Change In Cash 14.69M -7.01M 1.17M 743k
Effect Of Exchange Rate -238k -453k 434k -40k
Total Cash From Operating Activities 2.88M -3.33M 244k 1.9M
Depreciation 625k 416k 1.1M 1.04M
Change To Account Receivables 5.19M -2.13M 1.75M -5.38M
Other Cashflows From Financing Activities
Change To Netincome -11.22M 848k 2.17M 431k
Capital Expenditures -438k -832k -230k -98k

Income Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Research Development 3.28M 2.8M 2.8M 2.89M
Income Before Tax -1.11M -442k -1.06M 678k
Net Income 14.44M -371k -1.45M 699k
Selling General Administrative 16.72M 16.05M 15.79M 14.62M
Gross Profit 18.4M 18.03M 17.17M 16.15M
Ebit -1.6M -826k -1.42M -1.36M
Operating Income -1.6M -826k -1.42M -1.36M
Interest Expense -85k -99k -228k -350k
Income Tax Expense 882k -71k 384k 444k
Total Revenue 72.92M 79.06M 61.79M 49.21M
Cost Of Revenue 54.52M 61.03M 44.63M 33.06M
Total Other Income ExpenseNet 495k 384k 362k 2.04M
Net Income From Continuing Ops -1.99M -371k -1.45M 234k
Net Income Applicable To Common Shares 13.84M -371k -1.45M 666k

Balance Sheet Statement 2018-09-30 2019-09-30 2020-09-30 2021-09-30
Total Liabilities 21.47M 28.94M 24.11M 28.93M
Total Stockholder Equity 33.8M 30.43M 29.53M 34.05M
Other Current Liabilities 3.24M 1.01M 1.02M 1.96M
Total Assets 55.27M 59.37M 53.65M 62.97M
Common Stock 40k 42k 43k 45k
Other Current Assets 1.88M 4.05M 1.53M 1.92M
Retained Earnings 29.93M 27.25M 24.49M 25.19M
Treasury Stock -10.82M -12.59M -11.99M -9.45M
Cash 25.11M 18.1M 19.26M 20.01M
Total Current Liabilities 14.06M 20.03M 12.98M 17.83M
Other Stockholder Equity -10.82M -12.59M -11.99M -9.45M
Property, Plant, and Equipment 847k 1.27M 3.06M 2.12M
Total Current Assets 48.41M 46.53M 41.59M 49.03M
Net Tangible Assets 33.75M 30.39M 29.51M 34.03M
Net Receivables 13.87M 16.57M 15.51M 23.12M
Accounts Payable 4.47M 13.49M 5.6M 11.27M


Insider Transactions

Here are the insider transactions of stock shares related to CSP Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NERGES JOSEPH RPurchase at price 8.10 - 8.45 per share.D2022-09-15Beneficial Owner of more than 10% of a Class of Security5.32k
NERGES JOSEPH RPurchase at price 7.71 - 8.20 per share.D2022-09-12Beneficial Owner of more than 10% of a Class of Security15.39k
NERGES JOSEPH RPurchase at price 8.15 - 8.40 per share.D2022-08-16Beneficial Owner of more than 10% of a Class of Security8.84k
NERGES JOSEPH RPurchase at price 8.50 - 8.99 per share.D2022-06-16Beneficial Owner of more than 10% of a Class of Security5.56k
NERGES JOSEPH RPurchase at price 8.66 - 9.52 per share.D2022-06-13Beneficial Owner of more than 10% of a Class of Security6.92k
NERGES JOSEPH RPurchase at price 9.21 - 9.60 per share.D2022-06-08Beneficial Owner of more than 10% of a Class of Security5.66k
NERGES JOSEPH RPurchase at price 8.45 - 9.08 per share.D2022-06-03Beneficial Owner of more than 10% of a Class of Security3.84k
NERGES JOSEPH RPurchase at price 8.21 - 8.94 per share.D2022-05-31Beneficial Owner of more than 10% of a Class of Security7.05k
NERGES JOSEPH RPurchase at price 7.89 - 8.30 per share.D2022-05-25Beneficial Owner of more than 10% of a Class of Security5.95k
NERGES JOSEPH RPurchase at price 7.60 - 7.96 per share.D2022-05-20Beneficial Owner of more than 10% of a Class of Security7.91k
NERGES JOSEPH RPurchase at price 7.15 - 7.50 per share.D2022-05-17Beneficial Owner of more than 10% of a Class of Security9.95k
NERGES JOSEPH RPurchase at price 6.93 - 7.17 per share.D2022-04-27Beneficial Owner of more than 10% of a Class of Security3k
NERGES JOSEPH RPurchase at price 7.25 - 7.41 per share.D2022-04-08Beneficial Owner of more than 10% of a Class of Security2.49k
LEVINE GARY WSale at price 7.80 per share.D2022-03-15Chief Financial Officer1k
JAMES C SHELTONStock Award(Grant) at price 0.00 per share.D2022-02-15Director5k
BLACKMON RAYMOND CHARLES JRStock Award(Grant) at price 0.00 per share.D2022-02-15Director5k
SMITH MARILYN TStock Award(Grant) at price 0.00 per share.D2022-02-15Director5k
AZERI ISMAILStock Award(Grant) at price 0.00 per share.D2022-02-15Director5k
NERGES JOSEPH RPurchase at price 7.91 - 8.60 per share.D2022-02-09Beneficial Owner of more than 10% of a Class of Security4.2k
NERGES JOSEPH RPurchase at price 8.25 - 8.55 per share.D2022-01-25Beneficial Owner of more than 10% of a Class of Security2.35k
NERGES JOSEPH RPurchase at price 8.47 - 8.69 per share.D2022-01-13Beneficial Owner of more than 10% of a Class of Security4.4k
LEVINE GARY WStock Award(Grant) at price 0.00 per share.D2022-01-06Chief Financial Officer7k
DELLOVO VICTORStock Award(Grant) at price 0.00 per share.D2022-01-06Chief Executive Officer38k
NEWBANKS MIKEStock Award(Grant) at price 0.00 per share.D2022-01-06Officer7k
SOUTHWELL GARYStock Award(Grant) at price 0.00 per share.D2022-01-06Officer6k
JAMES C SHELTONSale at price 10.95 per share.D2021-06-09Director2k
LEVINE GARY WSale at price 10.55 - 11.09 per share.D2021-05-18Chief Financial Officer3k
NEWBANKS MIKESale at price 10.88 per share.D2021-05-18Officer1.5k
DELLOVO VICTORSale at price 10.08 - 10.27 per share.D2021-02-17Chief Executive Officer36.26k
NEWBANKS MIKESale at price 10.27 per share.D2021-02-16Officer1k
JAMES C SHELTONSale at price 10.51 per share.D2021-02-12Director5k
JAMES C SHELTONStock Award(Grant) at price 0.00 per share.D2021-02-11Director5k
BLACKMON RAYMOND CHARLES JRStock Award(Grant) at price 0.00 per share.D2021-02-11Director5k
SMITH MARILYN TStock Award(Grant) at price 0.00 per share.D2021-02-11Director5k
AZERI ISMAILStock Award(Grant) at price 0.00 per share.D2021-02-11Director5k
LEVINE GARY WStock Award(Grant) at price 9.95 per share.D2021-01-29Chief Financial Officer267
LEVINE GARY WStock Award(Grant) at price 0.00 per share.D2021-01-04Chief Financial Officer6k
DELLOVO VICTORStock Award(Grant) at price 0.00 per share.D2021-01-04Chief Executive Officer30k
NEWBANKS MIKEStock Award(Grant) at price 0.00 per share.D2021-01-04Officer6k
SOUTHWELL GARYStock Award(Grant) at price 0.00 per share.D2021-01-04Officer5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CSP Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CSP Inc

Here is the result of two systematic investment strategies applied to CSP Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CSP Inc

The following chart shows the equity curve of the two systematic investment strategies applied to CSP Inc:

CSP Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -23.15% on the backtest period.

Performance at glance

Performance

-23.15 %

Latent gain

-401.36 $

Invested capital

1733.99 $

Annualized return

-5.65 %
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Momentum strategy results on CSP Inc

This is the result of two momentum investment strategies applied to CSP Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CSP Inc

The following chart shows all the entries opened by the momentum investment system on CSP Inc:

CSP Inc momentum entries
  • The first momentum investment strategy would give -9.23% of return on CSP Inc. That represents -369.39$ of latent gain with 4001.46$ of employed capital.
  • The second momentum investment strategy would give -2.27% of return on CSP Inc. That represents -56.74$ of latent gain with 2495.54$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-9.23 %

Latent gain

-369.39 $

Invested capital

4001.46 $

Annualized return

-12.23 %
Performance at glance (2Q Momentum)

Performance

-2.27 %

Latent gain

-56.74 $

Invested capital

2495.54 $

Annualized return

-0.63 %

Momentum equity curve on CSP Inc

The following chart shows the equity curve of the two momentum strategies applied to CSP Inc:

CSP Inc momentum equity

Note: the dividends potentially given by CSP Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CSP Inc

The following chart shows the employed capital evolution of the two momentum strategies on CSP Inc since the beginning:

CSP Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on CSP Inc

Buy the dip entry openings on CSP Inc

CSP Inc

The performance achieved by the robo-advisor on CSP Inc is -25.68%. That represents -63.21$ of latent gain with 246.12$ of employed capital. The following chart shows CSP Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CSP Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-25.68 %

Latent gain

-63.21 $

Invested capital

246.12 $

Annualized return

-12.23 %

Equity curve of the strategy applied to CSP Inc

The following chart shows the result of the investment strategy applied to CSP Inc:

CSP Inc

Note: the dividends potentially given by CSP Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CSP Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on CSP Inc:

CSP Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CSP Inc

In this section, I will compare the three previous investment strategies applied to CSP Inc.

Equity curve comparison on CSP Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CSP Inc investment strategy comparison

Employed capital comparison on CSP Inc

CSP Inc investment comparison

Performance comparison on CSP Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -23.15% -401.36$ 1733.99$ -5.65%
Momentum 1 quarter -9.23% -369.39$ 4001.46$ -2.39%
Momentum 2 quarters -2.27% -56.74$ 2495.54$ -0.63%
Non-directional -25.68% -63.21$ 246.12$ -12.23%
Annualized return comparison

Automatic investment

-5.65 %

Momentum 1Q

-0.63 %

Momentum 2Q

-0.63 %

Non-directional

-12.23 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CSP Inc:

Positive correlations

Most correlated stocks this year

  • CSP Inc

  • Most correlated stocks last 3 months

  • iShares U.S. Insurance ETF
  • SABRE INSURANCE GROUP PLC ORD GBP0.001P
  • CSP Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between CSP Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of CSP Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name CSP Inc
    Country United States
    City Lowell
    Address 175 Cabot Street
    Phone 978 954 5038
    Website www.cspi.com
    FullTime employees 112
    Industry Information Technology Services
    Sector Technology
    Exchange XNAS
    Ticker CSPI
    Market www.nasdaq.com

    CSP Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown