Concurrent Technology (LON:CNC) 95p Mkt Cap: £71m
Yesterday, CNC reported its Finals to December 2020. At the operating level these finals seemed little effected by Covid although a reduced profit to £2.7m from £4.1m was report but its £5m EBITDA was about the same as last year, despite a 9% fall in revenue to £21.1m. Its EPS at 3.75p was down from 4.4pm which gives an historic P/E of 25x and as a show of financial strength the dividend was increased to 2.55p for a 2.7% yield...
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