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Corero Network Security

BST:NYA1
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NYA1
BST
£13M
Market Cap
  1. Home
  2. DE
  3. Software
Company description

Corero Network Security plc develops, markets, and sells network security products and services for the protection from distributed denial of service (DDoS) attacks worldwide. The last earnings update was 57 days ago. More info.


Add to Portfolio Compare Print
  • Corero Network Security has significant price volatility in the past 3 months.
NYA1 Share Price and Events
7 Day Returns
0%
BST:NYA1
0.3%
DE Software
-0.4%
DE Market
1 Year Returns
-77.2%
BST:NYA1
36.2%
DE Software
10.4%
DE Market
NYA1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Corero Network Security (NYA1) 0% 5.7% -6.7% -77.2% - -
DE Software 0.3% 3.6% 13.8% 36.2% 56.8% 121.8%
DE Market -0.4% 3% 11.1% 10.4% 13.8% 15.7%
1 Year Return vs Industry and Market
  • NYA1 underperformed the Software industry which returned 36.2% over the past year.
  • NYA1 underperformed the Market in Germany which returned 10.4% over the past year.
Price Volatility
NYA1
Industry
5yr Volatility vs Market
Related Companies

NYA1 Value

 Is Corero Network Security 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
  • It is not possible to calculate the future cash flow value for Corero Network Security. This is due to cash flow or dividend data being unavailable. The share price is €0.028.
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 Corero Network Security's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Corero Network Security's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:NYA1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.02
AIM:CNS Share Price ** AIM (2019-11-21) in GBP £0.03
AIM:CNS Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.291 $0.04
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 37.8x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Corero Network Security.

BST:NYA1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:CNS Share Price ÷ EPS (both in USD)

= 0.04 ÷ -0.02

-2.59x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Corero Network Security is loss making, we can't compare its value to the DE Software industry average.
  • Corero Network Security is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Corero Network Security's expected growth come at a high price?
Raw Data
BST:NYA1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Germany Software Industry PEG Ratio Median Figure of 15 Publicly-Listed Software Companies 1.66x
Germany Market PEG Ratio Median Figure of 259 Publicly-Listed Companies 1.33x

*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 Corero Network Security, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Corero Network Security's assets?
Raw Data
BST:NYA1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.04
AIM:CNS Share Price * AIM (2019-11-21) in GBP £0.03
AIM:CNS Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.291 $0.04
Germany Software Industry PB Ratio Median Figure of 36 Publicly-Listed Software Companies 3.08x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
BST:NYA1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:CNS Share Price ÷ Book Value per Share (both in USD)

= 0.04 ÷ 0.04

1.08x

* Primary Listing of Corero Network Security.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Corero Network Security is good value based on assets compared to the DE Software industry average.
X
Value checks
We assess Corero Network Security's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Corero Network Security has a total score of 1/6, 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.

NYA1 Future Performance

 How is Corero Network Security expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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!
Annual Growth Rate
15.4%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Corero Network Security expected to grow at an attractive rate?
  • Unable to compare Corero Network Security's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Corero Network Security's earnings growth to the Germany market average as no estimate data is available.
  • Corero Network Security's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:NYA1 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:NYA1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 15.4%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 26.6%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
Raw Data
BST:NYA1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:NYA1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 15 0 1
2020-12-31 13 -1 1
2019-12-31 12 -4 -6 2
2019-11-21
BST:NYA1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 9 -1 -6
2019-03-31 10 -2 -6
2018-12-31 10 -2 -5
2018-09-30 9 -2 -6
2018-06-30 9 -3 -7
2018-03-31 9 -4 -8
2017-12-31 9 -6 -8
2017-09-30 9 -7 -13
2017-06-30 9 -7 -18
2017-03-31 9 -6 -17
2016-12-31 9 -6 -17
2016-09-30 9 -14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Corero Network Security is high growth as no earnings estimate data is available.
  • Corero Network Security's revenue is expected to grow by 15.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:NYA1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Corero Network Security Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:NYA1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31 -0.02 -0.02 -0.02 1.00
2019-11-21
BST:NYA1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.02
2019-03-31 -0.02
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.03
2017-09-30 -0.05
2017-06-30 -0.08
2017-03-31 -0.08
2016-12-31 -0.09
2016-09-30 -0.08

*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 Corero Network Security will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Corero Network Security's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Corero Network Security has a total score of 1/6, 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.

NYA1 Past Performance

  How has Corero Network Security 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
Below we compare Corero Network Security's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Corero Network Security does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Corero Network Security's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Corero Network Security's 1-year growth to the DE Software industry average as it is not currently profitable.
Earnings and Revenue History
Corero Network Security's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Corero Network Security Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:NYA1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 9.12 -6.17 9.55
2019-03-31 9.53 -5.70 9.49
2018-12-31 9.95 -5.22 9.43
2018-09-30 9.35 -5.98 9.88
2018-06-30 8.74 -6.74 10.33
2018-03-31 8.64 -7.57 11.16
2017-12-31 8.53 -8.41 11.99
2017-09-30 8.66 -13.11 12.20
2017-06-30 8.79 -17.80 12.40
2017-03-31 8.78 -17.49 12.12
2016-12-31 8.77 -17.18 11.85
2016-09-30 8.94 -13.50 12.08
2016-06-30 9.10 -9.83 12.31
2016-03-31 8.72 -10.53 12.50
2015-12-31 8.34 -11.23 12.70
2015-09-30 8.09 -10.85 12.99
2015-06-30 7.84 -10.46 13.29
2015-03-31 7.66 -10.26 13.12
2014-12-31 7.48 -10.06 12.96
2014-06-30 9.07 -9.53 12.97
2014-03-31 9.67 -9.08 12.94
2013-12-31 10.27 -8.63 12.91
2013-06-30 5.49 -9.82 10.41
2013-03-31 8.43 -9.09 12.08
2012-12-31 11.38 -8.36 13.74

*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 Corero Network Security has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Corero Network Security has efficiently used its assets last year compared to the DE Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Corero Network Security improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Corero Network Security's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Corero Network Security 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.

NYA1 Health

 How is Corero Network Security'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 Corero Network Security's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Corero Network Security is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Corero Network Security's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Corero Network Security's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.6x debt.
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.
Raw Data

All data from Corero Network Security Company Filings, last reported 4 months ago.

BST:NYA1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 15.18 3.24 6.87
2019-03-31 15.18 3.24 6.87
2018-12-31 19.00 3.61 8.03
2018-09-30 19.00 3.61 8.03
2018-06-30 19.74 3.99 9.05
2018-03-31 19.74 3.99 9.05
2017-12-31 17.63 0.00 1.37
2017-09-30 17.63 0.00 1.37
2017-06-30 20.91 0.00 5.12
2017-03-31 20.91 0.00 5.12
2016-12-31 18.22 0.00 2.94
2016-09-30 18.22 0.00 2.94
2016-06-30 32.18 0.00 8.69
2016-03-31 32.18 0.00 8.69
2015-12-31 26.34 0.00 2.71
2015-09-30 26.34 0.00 2.71
2015-06-30 24.92 0.65 1.13
2015-03-31 24.92 0.65 1.13
2014-12-31 30.45 0.02 6.04
2014-06-30 29.24 0.41 5.39
2014-03-31 29.24 0.41 5.39
2013-12-31 34.04 0.26 9.78
2013-06-30 21.68 8.08 5.32
2013-03-31 21.68 8.08 5.32
2012-12-31 19.30 6.17 4.86
  • Corero Network Security's level of debt (21.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.4% vs 21.4% today).
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.

  • Corero Network Security has sufficient cash runway for 2.1 years based on current free cash flow.
  • Corero Network Security has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of -36.7% each year.
X
Financial health checks
We assess Corero Network Security's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Corero Network Security has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

NYA1 Dividends

 What is Corero Network Security'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
Dividend payments
0%
Current annual income from Corero Network Security dividends. Estimated to be 0% next year.
If you bought €2,000 of Corero Network Security shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Corero Network Security's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Corero Network Security'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.
Raw Data
BST:NYA1 Annualized Past and Future Dividends
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
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:NYA1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2019-11-21

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Corero Network Security has not reported any payouts.
  • Unable to verify if Corero Network Security's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Corero Network Security's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Corero Network Security has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Corero Network Security's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Corero Network Security's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Corero Network Security afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Corero Network Security 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.

NYA1 Management

 What is the CEO of Corero Network Security's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Stephenson
COMPENSATION $474,000
AGE 58
TENURE AS CEO 6.8 years
CEO Bio

Mr. Robert Ashley Stephenson has been the Chief Executive Officer at Corero Network Security, Inc since January 2013 and Corero Network Security plc since January 2013. Mr. Stephenson serves as an Executive Director at Corero Network Security, Inc since September 06, 2013. Mr. Stephenson served as an Executive Vice President of Product Marketing and Strategy - Security Division of Corero Network Security plc since April 2012. An Internet technology entrepreneur, he leads Corero's global expansion strategy. He has operating experience in the United States, Europe and Asia. He served as the Chief Marketing Officer of Datatec Ltd. At Datatec., he was charged with identifying and moulding the strategic positioning for Logical in areas such as technology, planning and corporate marketing. He was responsible for driving the development of the Logical Group's customer offerings and business model and new vendor relationships to deliver profit growth. He co-founded Reva Systems Corp. in 2004. He served as the Chief Executive Officer Reva Systems Corp. He served as Chief Executive Officer and Chairman of Xedia Corporation. He provided strategic advisory services to leading companies on the evolution of the global IT market. Mr. Stephenson served as Vice President of Marketing of ISIS Distributed Systems. He began his career in research and development at IBM in the UK before moving to the US where he held executive marketing and strategy positions with a number of large European and US corporations. He served as the Chairman of Reva Systems Corp. since June 2006 and served as its Director. He has also served on the Board of Directors of several venture-backed startups and industry consortia. He has been an Executive Director at Corero Network Security plc since September 06, 2013. He served as a Director of Gold Wire Technology, Inc. He has taught Entrepreneurship as an Adjunct Professor in the Babson College MBA program. In 1998, he was awarded the Chief Executive Officer of the Year by the Massachusetts Telecommunications Council for his leadership of Xedia Corporation. He is the holder of several U.S. patents. Mr. Stephenson is a graduate of Imperial College, London in Physics and an Associate of the Royal College of Science.

CEO Compensation
  • Robert's compensation has increased whilst company is loss making.
  • Robert's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Corero Network Security management team in years:

6.5
Average Tenure
55
Average Age
  • The average tenure for the Corero Network Security management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Robert Stephenson

TITLE
CEO & Executive Director
COMPENSATION
$474K
AGE
58
TENURE
6.8 yrs

Andrew Miller

TITLE
CFO & Executive Director
COMPENSATION
$387K
AGE
55
TENURE
6.2 yrs

Mike Connolly

TITLE
Vice President Worldwide Sales
TENURE
0.4 yrs

Julian Palmer

TITLE
Executive Vice President of Engineering

Duncan Swallow

TITLE
Company Secretary & Group Financial Controller
AGE
54
TENURE
12 yrs
Board of Directors Tenure

Average tenure and age of the Corero Network Security board of directors in years:

7.7
Average Tenure
58
Average Age
  • The tenure for the Corero Network Security board of directors is about average.
Board of Directors

Jens Montanana

TITLE
Non-Executive Chairman
COMPENSATION
$54K
AGE
58

Robert Stephenson

TITLE
CEO & Executive Director
COMPENSATION
$474K
AGE
58
TENURE
6.2 yrs

Andrew Miller

TITLE
CFO & Executive Director
COMPENSATION
$387K
AGE
55
TENURE
9.3 yrs

Richard Last

TITLE
Independent Non-Executive Director
COMPENSATION
$37K
AGE
62
TENURE
11.5 yrs

Peter George

TITLE
Independent Non-Executive Director
AGE
60
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Corero Network Security's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Corero Network Security 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.

NYA1 News

Simply Wall St News

NYA1 Company Info

Description

Corero Network Security plc develops, markets, and sells network security products and services for the protection from distributed denial of service (DDoS) attacks worldwide. It offers Corero SmartWall Threat Defense System family of products that provide protection against various cyber-attacks, including network and application layer, DDoS, volumetric, and multi-vector attacks. The company offers SmartWall network threat defense appliances for the mitigation of DDoS attacks; SmartWall network bypass appliances for network connectivity; SmartWall Service Portal that enables real-time DDoS mitigation to be delivered as-a-service; SecureWatch Analytics, a Web-based security analytics portal that delivers dashboards; and SmartWall Central Management Server that offers various options for managing, configuring, and monitoring SmartWall appliances. In addition, it offers monitoring and maintenance services, and managed services. Corero Network Security plc provides its solutions for service providers, hosting providers and datacenters, digital enterprises, and managed security service providers. The company was formerly known as Corero plc and changed its name to Corero Network Security plc in June 2011. Corero Network Security plc was incorporated in 1991 and is based in Marlborough, Massachusetts.

Details
Name: Corero Network Security plc
NYA1
Exchange: BST
Founded: 1991
£14,769,399
401,995,161
Website: http://www.corero.com
Address: Corero Network Security plc
225 Cedar Hill Street,
Suite 337,
Marlborough,
Massachusetts, 01752,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CNS Ordinary Shares London Stock Exchange AIM Market GB GBP 31. Oct 1996
OTCPK CRRE.F Ordinary Shares Pink Sheets LLC US USD 31. Oct 1996
BST NYA1 Ordinary Shares Boerse-Stuttgart DE EUR 31. Oct 1996
Number of employees
Current staff
Staff numbers
51
Corero Network Security employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/21 22:07
End of day share price update: 2019/11/21 00:00
Last estimates confirmation: 2019/09/25
Last earnings filing: 2019/09/25
Last earnings reported: 2019/06/30
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.