ASX:CBR

Stock Analysis Report

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Market Cap

AU$208.9m

Last Updated

2021/08/04 16:07 UTC

Data Sources

Company Financials +

Executive Summary

Carbon Revolution Limited designs, manufactures, and markets single piece carbon fiber wheels to original equipment manufacturers worldwide. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Carbon Revolution's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CBR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CBR's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

CBR

4.9%

AU Auto Components

1.3%

AU Market


1 Year Return

-34.5%

CBR

69.7%

AU Auto Components

27.5%

AU Market

Return vs Industry: CBR underperformed the Australian Auto Components industry which returned 69.7% over the past year.

Return vs Market: CBR underperformed the Australian Market which returned 27.5% over the past year.


Shareholder returns

CBRIndustryMarket
7 Day-2.4%4.9%1.3%
30 Day-6.0%7.4%2.3%
90 Day-36.4%12.9%5.6%
1 Year-33.6%-34.5%73.7%69.7%32.2%27.5%
3 Yearn/a84.7%69.4%35.2%18.8%
5 Yearn/a148.8%117.8%65.9%34.0%

Long-Term Price Volatility Vs. Market

How volatile is Carbon Revolution's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

7.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CBR (A$1.02) is trading below our estimate of fair value (A$1.09)

Significantly Below Fair Value: CBR is trading below fair value, but not by a significant amount.


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 (1.9x) compared to the AU Auto Components industry average (3.3x).


Future Growth

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

11.9%

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 (26.1% per year) is forecast to grow faster than the Australian market (5.1% per year).

High Growth Revenue: CBR's revenue (26.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBR is forecast to be unprofitable in 3 years.


Past Performance

How has Carbon Revolution performed over the past 5 years?

-33.3%

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 33.3% 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 (23.1%).


Return on Equity

High ROE: CBR has a negative Return on Equity (-39.07%), 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$43.7M) exceed its short term liabilities (A$21.5M).

Long Term Liabilities: CBR's short term assets (A$43.7M) exceed its long term liabilities (A$22.7M).


Debt to Equity History and Analysis

Debt Level: CBR's debt to equity ratio (21.3%) 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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CBR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.4% 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?

3.0yrs

Average board tenure


CEO

Jake Dingle

9.58yrs

Tenure

AU$834,388

Compensation

Mr. Jacob William Dingle is the Chief Executive Officer and Managing Director at Carbon Revolution Limited and has been its Director since 2008. He started at Carbon Revolution in 2008 as one of the initia...


CEO Compensation Analysis

Compensation vs Market: Jake's total compensation ($USD615.69K) is above average for companies of similar size in the Australian market ($USD466.04K).

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


Board Members

Experienced Board: CBR's board of directors are considered experienced (3 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 41.1%.


Top Shareholders

Company Information

Carbon Revolution Limited's company bio, 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$208.886m
  • Shares outstanding: 205.80m
  • Website: https://www.carbonrev.com

Number of Employees


Location

  • Carbon Revolution Limited
  • Building NR
  • Geelong Technology Precinct
  • Geelong
  • Victoria
  • 3220
  • Australia

Listings


Biography

Carbon Revolution Limited designs, manufactures, and markets single piece carbon fiber wheels to original equipment manufacturers worldwide. The company’s products are used in a range of transportation ind...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 16:07
End of Day Share Price2021/08/04 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.