Cimpress (CMPR) AI Stock Analysis

• Market Cap: $1.07B
• Dividend Yield: N/A
• Average Volume (3M): 217.06K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 1.13
• Revenue Growth: 3.64%
• EPS Growth: 86.92%
• Country: US
• Employees: 15,000
• Sector: Communication Services
• Sector Strength: 86
• Industry: Advertising Agencies
• EPS (TTM): -0.33
• Shares Outstanding: 24,878,773
• 10 Day Avg. Volume: 198,194
• 30 Day Avg. Volume: 217,055
• PEG Ratio: -2.33
• Price to Book (P/B): -1.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.65
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $65.00
• Price Target Upside: 53.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 61 Neutral
• Price Target: ―

Cimpress's stock score reflects strong revenue growth and operational efficiency, countered by significant financial leverage risks. While undervalued, bearish technical indicators and tariff-related uncertainties temper the outlook. Strategic growth in new categories and regions adds potential upside, but challenges in legacy products and guidance withdrawal highlight near-term risks.

Positive Factors

Customer Retention

Vista continued its track record of attracting and retaining higher-value customers, with first-order gross profit per new customer reaching a record high.

Revenue Growth

Vista segment revenue increased 4% in constant currency, with strong performance in complex small business product categories leading to double-digit growth driven by increased volume and higher average order values.

Negative Factors

Financial Performance

Adjusted EBITDA declined by 3.7% YOY, with a decrease in gross profit and a contraction in gross margin partly due to the growth in complex product categories.

Revenue Shortfall

The revenue shortfall was driven by lower-than-expected consumer products revenue in the company’s largest business segment, Vista, particularly in the United States.

Cimpress Business Overview & Revenue Model

Company Description

Cimpress (CMPR) is a global leader in mass customization and web-to-print services, primarily serving small and medium-sized businesses. The company operates through several brands, the most prominent being Vistaprint, which offers customized marketing materials, signage, and promotional products. Cimpress leverages its technology and supply chain expertise to deliver personalized products at scale, catering to a wide range of industries and customer needs.

How the Company Makes Money

Cimpress makes money through the sale of customized print and marketing products, primarily via its online platforms. The company generates revenue by facilitating the design, customization, and purchase of printed products such as business cards, brochures, and banners. Its revenue model is largely driven by direct-to-consumer sales through its Vistaprint brand. Additionally, Cimpress utilizes a mass customization model, allowing it to efficiently produce highly personalized products at a lower cost. Key partnerships with suppliers and technology providers enhance its production capabilities and distribution network, contributing to its earnings by optimizing cost efficiency and expanding its market reach.

Cimpress Financial Statement Overview

Summary

Cimpress demonstrates solid revenue growth and operational efficiency improvements. However, the balance sheet reflects high leverage and negative equity, posing financial risks. Cash flow remains strong, underpinning the company's operational stability amidst financial leverage concerns.

Income Statement

Cimpress has shown significant revenue growth of 16.5% over the past two years, with TTM revenue reaching $3.37 billion. Gross profit margin has remained stable around 47.5%, indicating consistent cost management. However, net profit margin has been volatile, with TTM net income at $155.3 million, reflecting a 4.6% margin. EBIT and EBITDA margins have improved, indicating better operational efficiency.

Balance Sheet

Cimpress's balance sheet is heavily leveraged with a negative stockholders' equity of $557.5 million and a high debt-to-equity ratio due to significant total debt of $1.67 billion. Return on equity is not applicable due to negative equity. The equity ratio is negative, indicating high financial instability and risk.

Cash Flow

The company has maintained a positive free cash flow of $220.7 million in TTM, with a moderate free cash flow to net income ratio. Operating cash flow is strong at $313.7 million, indicating a healthy cash-generating capability, despite fluctuations in capital expenditure.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
2.93B	3.29B	3.08B	2.89B	2.59B	2.48B
	Gross Profit
1.37B	1.60B	1.44B	1.39B	1.28B	1.23B
	EBIT
-11.11M	247.35M	57.31M	63.97M	123.51M	170.35M
	EBITDA
201.80M	400.03M	245.00M	284.44M	229.03M	246.79M
	Net Income Common Stockholders
-265.04M	173.68M	-185.98M	-50.57M	-74.94M	83.36M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
291.45M	208.28M	168.85M	327.00M	335.27M	45.02M
	Total Assets
1.95B	1.89B	1.85B	2.17B	2.18B	1.82B
	Total Debt
1.72B	1.72B	1.76B	1.79B	1.89B	1.63B
	Net Debt
1.45B	1.52B	1.63B	1.52B	1.70B	1.59B
	Total Liabilities
2.48B	2.41B	2.47B	2.53B	2.56B	2.15B
	Stockholders Equity
-552.54M	-550.15M	-623.14M	-494.92M	-449.37M	-407.48M
Cash Flow		Free Cash Flow
-20.90M	237.49M	18.73M	100.20M	165.76M	243.99M
	Operating Cash Flow
95.50M	350.72M	130.29M	219.54M	265.22M	338.44M
	Investing Cash Flow
-33.28M	-54.61M	-103.72M	-4.00M	-354.32M	-66.86M
	Financing Cash Flow
-169.93M	-222.55M	-177.11M	-106.57M	224.13M	-258.25M

Cimpress Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMPR, the sentiment is Negative. The current price of 42.23 is below the 20-day moving average (MA) of 42.88, below the 50-day MA of 43.20, and below the 200-day MA of 66.73, indicating a bearish trend. The MACD of 0.12 indicates Negative momentum. The RSI at 44.23 is Neutral, neither overbought nor oversold. The STOCH value of 10.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CMPR.

Cimpress Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IAS	74 Outperform	$1.29B	27.61	4.80%	―	13.84%	1494.51%
DLX	71 Outperform	$624.57M	11.20	9.10%	8.60%	-2.69%	61.73%
EEX	69 Neutral	$886.91M	277.02	1.62%	1.01%	4.87%	―
QNST	62 Neutral	$869.09M	―	-0.29%	―	88.81%	99.16%
CMPR	61 Neutral	$1.07B	6.99	-27.42%	―	3.64%	86.92%
Sector *	60 Neutral	$14.12B	6.43	-3.57%	3.69%	2.49%	-35.43%
VSME	31 Underperform	$7.13M	―	-157.27%	―	―	―

Cimpress Corporate Events

Cimpress Shareholders Approve Key Proposals at AGM

At Cimpress plc’s Annual General Meeting on November 20, 2024, shareholders voted on several key proposals, including reappointing Dessislava Temperley to the Board of Directors, approving executive compensation, and amending the 2020 Equity Incentive Plan. They also renewed the Board’s authority to issue shares and opt out of preemption rights. PricewaterhouseCoopers Ireland was reappointed as the statutory auditor, and the Board or Audit Committee was authorized to set its remuneration.