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CBR

Carbon RevolutionASX:CBR Stock Report

Market Cap

AU$213.4m

7D

-7.6%

1Y

-62.5%

Updated

26 Oct, 2021

Data

Company Financials +
CBR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CBR Overview

Carbon Revolution Limited designs, manufactures, and markets lightweight carbon fiber wheels to original equipment manufacturers worldwide.

Carbon Revolution Competitors

Bayerische Motoren Werke

XTRA:BMW

€57.5b

Porsche Automobil Holding

XTRA:PAH3

€28.7b

thyssenkrupp

XTRA:TKA

€5.6b

Price History & Performance

Summary of all time highs, changes and price drops for Carbon Revolution
Historical stock prices
Current Share PriceAU$1.04
52 Week HighAU$0.96
52 Week LowAU$3.24
Beta0
1 Month Change-15.51%
3 Month Change-0.48%
1 Year Change-62.50%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.00%

Recent News & Updates

Aug 25
Calculating The Intrinsic Value Of Carbon Revolution Limited (ASX:CBR)

Calculating The Intrinsic Value Of Carbon Revolution Limited (ASX:CBR)

Today we will run through one way of estimating the intrinsic value of Carbon Revolution Limited ( ASX:CBR ) by...

Jul 27
One Carbon Revolution Limited (ASX:CBR) Analyst Just Slashed Their Estimates By A Noteworthy 26%

One Carbon Revolution Limited (ASX:CBR) Analyst Just Slashed Their Estimates By A Noteworthy 26%

Market forces rained on the parade of Carbon Revolution Limited ( ASX:CBR ) shareholders today, when the covering...

Shareholder Returns

CBRAU Auto ComponentsAU Market
7D-7.6%-0.3%0.8%
1Y-62.5%29.5%24.4%

Return vs Industry: CBR underperformed the Australian Auto Components industry which returned 29.5% over the past year.

Return vs Market: CBR underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is CBR's price volatile compared to industry and market?
CBR volatility
CBR Beta0
Industry Beta0.50
Market Beta1

Stable Share Price: CBR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CBR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007426Jake Dinglehttps://www.carbonrev.com

Carbon Revolution Limited designs, manufactures, and markets lightweight carbon fiber wheels to original equipment manufacturers worldwide. The company’s products are used in a range of transportation industries, including automotive, aerospace, and industrial applications. It also provides associated engineering services; sells tools related to wheels; and undertakes research and development projects related to carbon fiber wheel technology.

Carbon Revolution Fundamentals Summary

How do Carbon Revolution's earnings and revenue compare to its market cap?
CBR fundamental statistics
Market CapAU$213.40m
Earnings (TTM)-AU$31.99m
Revenue (TTM)AU$34.94m

6.1x

P/S Ratio

-6.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBR income statement (TTM)
RevenueAU$34.94m
Cost of RevenueAU$49.23m
Gross Profit-AU$14.29m
ExpensesAU$17.70m
Earnings-AU$31.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin-40.92%
Net Profit Margin-91.57%
Debt/Equity Ratio10.8%

How did CBR perform over the long term?

See historical performance and comparison

Valuation

Is Carbon Revolution undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBR (A$1.04) is trading below our estimate of fair value (A$4.56)

Significantly Below Fair Value: CBR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CBR is unprofitable, so we can't compare its PE Ratio to the Australian Auto Components industry average.

PE vs Market: CBR is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CBR is good value based on its PB Ratio (1.4x) compared to the AU Auto Components industry average (2.8x).


Future Growth

How is Carbon Revolution forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

28.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CBR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CBR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CBR's revenue (47.2% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: CBR's revenue (47.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CBR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Carbon Revolution performed over the past 5 years?

-15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBR is currently unprofitable.

Growing Profit Margin: CBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CBR is unprofitable, and losses have increased over the past 5 years at a rate of 15.4% per year.

Accelerating Growth: Unable to compare CBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CBR is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (81%).


Return on Equity

High ROE: CBR has a negative Return on Equity (-21%), as it is currently unprofitable.


Financial Health

How is Carbon Revolution's financial position?


Financial Position Analysis

Short Term Liabilities: CBR's short term assets (A$118.6M) exceed its short term liabilities (A$27.2M).

Long Term Liabilities: CBR's short term assets (A$118.6M) exceed its long term liabilities (A$19.7M).


Debt to Equity History and Analysis

Debt Level: CBR's debt to equity ratio (10.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CBR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: CBR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CBR has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 10.3% each year.


Dividend

What is Carbon Revolution current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CBR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CBR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Jake Dingle

9.5yrs

Tenure

AU$834,388

Compensation

Mr. Jacob William Dingle, also known as Jake, is the Chief Executive Officer and Managing Director since April 18, 2012 at Carbon Revolution Limited and has been its Director since November 20, 2008. He st...


CEO Compensation Analysis

Compensation vs Market: Jake's total compensation ($USD626.28K) is about average for companies of similar size in the Australian market ($USD554.70K).

Compensation vs Earnings: Insufficient data to compare Jake's compensation with company performance.


Leadership Team

Experienced Management: CBR's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: CBR's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CBR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 41.2%.


Top Shareholders

Company Information

Carbon Revolution Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Carbon Revolution Limited
  • Ticker: CBR
  • Exchange: ASX
  • Founded: 2007
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: AU$213.395m
  • Shares outstanding: 206.18m
  • Website: https://www.carbonrev.com

Number of Employees


Location

  • Carbon Revolution Limited
  • Building NR
  • Geelong Technology Precinct
  • Waurn Ponds
  • Victoria
  • 3216
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:29
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.