Computer Modelling Group (TSX:CMG) Research & Development: C$32.5 Mil (TTM As of Mar. 2026)


TSX:CMG Computer Modelling Group Ltd TSX:CMG
75 GF Score
Price C$3.61
GF Value C$11.03
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Computer Modelling Group Research & Development?

Computer Modelling Group TSX:CMG -2.70% 75 Research & Development is C$32.5 Mil as of Mar. 2026. GuruFocus rates TSX:CMG with a GF Score™ of 75/100 and a GF Value™ of C$11.03 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Computer Modelling Group's Research & Development for the three months ended in Mar. 2026 was C$8.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was C$32.5 Mil.

Computer Modelling Group  (TSX:CMG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Computer Modelling Group Research & Development Related Terms

Computer Modelling Group Research & Development Historical Data

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The historical data trend for Computer Modelling Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Computer Modelling Group Research & Development Chart

Computer Modelling Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.71 17.86 23.68 30.14 32.46

Computer Modelling Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.13 8.03 7.36 8.22 8.84
TSX:CMG
75GF Score
Computer Modelling Group Ltd TSX:CMG
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Computer Modelling Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$32.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$32.5 Mil mean?
Computer Modelling Group (TSX:CMG) has a Research & Development of C$32.5 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Computer Modelling Group and its competitors.
Is Computer Modelling Group's Research & Development too high?
Computer Modelling Group's current Research & Development is C$32.5 Mil. Overall, Computer Modelling Group has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Computer Modelling Group's Research & Development compare to CRM and SHOP?
Computer Modelling Group's Research & Development of C$32.5 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Computer Modelling Group and its competitors. Computer Modelling Group's current Research & Development is C$32.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computer Modelling Group stock overvalued right now?
Based on GuruFocus' analysis, Computer Modelling Group (TSX:CMG) is currently considered Significantly Undervalued. The stock's GF Value™ is C$11.03, compared to a current price of C$3.61 — trading 67.3% below its estimated fair value. The current Research & Development is C$32.5 Mil. Computer Modelling Group's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Computer Modelling Group (TSX:CMG), the current Research & Development is C$32.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Computer Modelling Group (TSX:CMG) Overvalued in 2026?

Based on GuruFocus' analysis, Computer Modelling Group stock appears to be undervalued. The current stock price of C$3.61 is trading 67.3% below its estimated GF Value™ of C$11.03. GuruFocus considers Computer Modelling Group to be Significantly Undervalued.

Key valuation signals for TSX:CMG:

  • Research & Development: C$32.5 Mil
  • GF Value™: C$11.03 vs. price of C$3.61 (67.3% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TSX:CMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Computer Modelling Group Business Description

Other Exchanges CMDXF:USA5TJ:Germany
Address 33 Street N.W., Suite 3710, Calgary, AB, CAN, T2L 2M1
Computer Modelling Group Ltd is a software and consulting technology company engaged in developing and licensing reservoir simulation and seismic interpretation software. The company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions.
75GF Score

Get the complete analysis for TSX:CMG

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.61
Price
C$11.03
GF Value