CCUR, currently $7.89, has 8.754mm s/o, a market cap of $69.07mm, cash of $22.37mm, no debt, and an enterprise value of $46.7mm. CCUR's enterprise value is only 0.74X revenues of $63.23mm, 6.55X operating cash flow of $7.13mm, and 8.34X free cash flow of $5.6mm. CCUR's EPS was up 175% last quarter and it just raised its dividend by 100% to $0.48 per share for a yield of 6.1%.
CCUR leads the video on demand (VOD) delivery business with over 2.4mm VOD streams shipped globally and 4 of America's 6 largest cable TV operators as clients. The #2 VOD technology vendor SEAC is currently trading for $11.50 and has an enterprise value of $262.4mm or 1.68X revenues of $156.11mm, 15.05X operating cash flow of $17.43mm, and 19.32X free cash flow of $13.58mm. An enterprise value of 1.68X revenues would value CCUR at $14.69. An enterprise value of 15.05X operating cash flow will value CCUR at $14.81. An enterprise value of 19.32X free cash flow will value CCUR at $14.91.
In addition, CCUR provides the #1 Big Data Analytics software solution for cable TV operators. CCUR tracks the customer behavior of 35 million cable TV subscribers across linear TV, VOD, and nDVR and has already processed 15 billion media transactions. Big Data Analytics is the #1 hottest industry on Wall Street. DATA recently had its IPO at $31 and hit a new 52-week high Monday of $63 for a gain of 103%. DATA's enterprise value is currently 25X revenues vs. CCUR's enterprise value of only 0.74X revenues!
CCUR's business is booming big time as cable TV service providers upgrade their systems to provide new Network DVR, start-over, and look-back services. CCUR is also powering multi-screen video delivery to tablets, smartphones, and other IP connected devices for major cable TV operators like TWC! Plus, CCUR provides content delivery network (CDN) video solutions and just signed a major CDN contract with Virgin Media, the #1 pay-TV operator in the UK!