NSX:CSH

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Canterbury Surrey Hills Community Finance

Executive Summary

Canterbury Surrey Hills Community Finance Limited provides community banking services in Australia. More Details


Snowflake Analysis

Outstanding track record and undervalued.

Share Price & News

How has Canterbury Surrey Hills Community Finance's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine CSH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CSH's volatility change over the past year.


Market Performance


7 Day Return

0%

CSH

7.1%

AU Banks

2.4%

AU Market


1 Year Return

0%

CSH

-6.1%

AU Banks

-0.6%

AU Market

Return vs Industry: CSH exceeded the Australian Banks industry which returned -6.1% over the past year.

Return vs Market: CSH matched the Australian Market which returned -0.6% over the past year.


Shareholder returns

CSHIndustryMarket
7 Day0%7.1%2.4%
30 Day0%18.6%8.0%
90 Dayn/a24.5%8.8%
1 Year8.9%0%-3.2%-6.1%2.7%-0.6%
3 Year50.2%16.2%-2.0%-16.0%24.3%9.0%
5 Year176.9%72.0%10.3%-17.2%56.9%25.7%

Long-Term Price Volatility Vs. Market

How volatile is Canterbury Surrey Hills Community Finance's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Canterbury Surrey Hills Community Finance 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: CSH (A$0.86) is trading below our estimate of fair value (A$2.02)

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


Price To Earnings Ratio

PE vs Industry: CSH is good value based on its PE Ratio (3.3x) compared to the AU Banks industry average (18.2x).

PE vs Market: CSH is good value based on its PE Ratio (3.3x) compared to the Australian market (22.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSH is good value based on its PB Ratio (0.7x) compared to the AU Banks industry average (1.1x).


Next Steps

Future Growth

How is Canterbury Surrey Hills Community Finance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Canterbury Surrey Hills Community Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Canterbury Surrey Hills Community Finance performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSH has high quality earnings.

Growing Profit Margin: CSH's current net profit margins (13.3%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: CSH's earnings have grown by 6.4% per year over the past 5 years.

Accelerating Growth: CSH's earnings growth over the past year (80.4%) exceeds its 5-year average (6.4% per year).

Earnings vs Industry: CSH earnings growth over the past year (80.4%) exceeded the Banks industry -9.5%.


Return on Equity

High ROE: CSH's Return on Equity (21.6%) is considered high.


Next Steps

Financial Health

How is Canterbury Surrey Hills Community Finance's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CSH's Assets to Equity ratio (2x) is low.

Allowance for Bad Loans: Insufficient data to determine if CSH has a sufficient allowance for bad loans.

Low Risk Liabilities: CSH reports no customer deposits, 100% of its liabilities are made up of higher risk sources of funding.

Loan Level: Insufficient data to determine if CSH has an appropriate level of Loans to Assets ratio.

Low Risk Deposits: CSH reports no customer deposits, loans are made up entirely of externally borrowed funds.

Level of Bad Loans: Insufficient data to determine if CSH has an appropriate level of bad loans.


Next Steps

Dividend

What is Canterbury Surrey Hills Community Finance current dividend yield, its reliability and sustainability?

8.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CSH's dividend (8.14%) is higher than the bottom 25% of dividend payers in the Australian market (2.08%).

High Dividend: CSH's dividend (8.14%) is in the top 25% of dividend payers in the Australian market (5.05%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CSH has been paying a dividend for less than 10 years.

Growing Dividend: CSH's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.3%), CSH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Nick Coker

1.5yrs

Tenure

AU$203,787

Compensation

Mr. Nicholas Richard Coker, also known as Nick, serves as Chief Executive Officer at Canterbury Surrey Hills Community Finance Limited since May 31, 2019. Mr. Coker had been Senior Manager at Canterbury Su...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD149.90K) is below average for companies of similar size in the Australian market ($USD280.63K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Coker
Chief Executive Officer1.5yrsAU$203.79k0.018%
A$ 430.0
Michael Sapountzis
Director & Company Secretary1.67yrsAU$14.24k0.079%
A$ 1.8k
Anna Gration
Marketing Manager1.08yrsno datano data
Ian Dinnison
Treasurer3.92yrsno datano data

2.7yrs

Average Tenure

Experienced Management: CSH's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Sapountzis
Director & Company Secretary1.67yrsAU$14.24k0.079%
A$ 1.8k
Hans Menting
Non-Executive Director18.75yrsAU$10.95k2.02%
A$ 47.5k
Juliann Byron
Independent Non-Executive Chairmanno dataAU$32.85k0.99%
A$ 23.2k
Robert Stensholt
Non-Executive Deputy Chairmanno dataAU$14.24k0.75%
A$ 17.5k
Damien Hudson
Non-Executive Director18.75yrsAU$14.24k0.53%
A$ 12.5k
Andrew Whittaker
Non-Executive Director4.5yrsAU$14.24k0.14%
A$ 3.3k
James Grant
Non-Executive Director3.75yrsAU$14.24k0.092%
A$ 2.2k

4.5yrs

Average Tenure

Experienced Board: CSH's board of directors are considered experienced (4.5 years average tenure).


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Canterbury Surrey Hills Community Finance Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Canterbury Surrey Hills Community Finance Limited
  • Ticker: CSH
  • Exchange: NSX
  • Founded: 2002
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: AU$2.346m
  • Shares outstanding: 2.73m
  • Website: https://www.supportingourcommunity.com.au

Number of Employees


Location

  • Canterbury Surrey Hills Community Finance Limited
  • 143 Maling Road
  • Shop 2
  • Canterbury
  • Victoria
  • 3126
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSHNSX (National Stock Exchange of Australia)YesOrdinary SharesAUAUDMay 2015

Biography

Canterbury Surrey Hills Community Finance Limited provides community banking services in Australia. The company provides community banking services under management rights to operate four franchised branch...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 07:07
End of Day Share Price2020/09/10 00:00
Earnings2020/06/30
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.