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CPV

ClearVue TechnologiesASX:CPV Stock Report

Market Cap

AU$61.0m

7D

0%

1Y

3.6%

Updated

17 Oct, 2021

Data

Company Financials
CPV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

CPV Overview

ClearVue Technologies Limited, together with its subsidiaries, provides building integrated photovoltaic solutions in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for ClearVue Technologies
Historical stock prices
Current Share PriceAU$0.29
52 Week HighAU$0.23
52 Week LowAU$0.99
Beta2.27
1 Month Change-17.14%
3 Month Change-14.71%
1 Year Change3.57%
3 Year Change-22.67%
5 Year Changen/a
Change since IPO38.10%

Recent News & Updates

Sep 27
We Think ClearVue Technologies (ASX:CPV) Can Afford To Drive Business Growth

We Think ClearVue Technologies (ASX:CPV) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Jun 13
Will ClearVue Technologies (ASX:CPV) Spend Its Cash Wisely?

Will ClearVue Technologies (ASX:CPV) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Feb 28
Will ClearVue Technologies (ASX:CPV) Spend Its Cash Wisely?

Will ClearVue Technologies (ASX:CPV) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. Indeed, ClearVue Technologies...

Shareholder Returns

CPVAU ElectricalAU Market
7D0%-5.2%0.9%
1Y3.6%14.2%20.2%

Return vs Industry: CPV underperformed the Australian Electrical industry which returned 14.2% over the past year.

Return vs Market: CPV underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is CPV's price volatile compared to industry and market?
CPV volatility
CPV Beta2.27
Industry Beta0.99
Market Beta1

Stable Share Price: CPV is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: CPV's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/an/ahttps://www.clearvuepv.com

ClearVue Technologies Limited, together with its subsidiaries, provides building integrated photovoltaic solutions in Australia. Its technology is used in building, construction, and agricultural industries. The company was formerly known as Tropiglas Technologies Limited and changed its name to ClearVue Technologies.

ClearVue Technologies Fundamentals Summary

How do ClearVue Technologies's earnings and revenue compare to its market cap?
CPV fundamental statistics
Market CapAU$60.96m
Earnings (TTM)-AU$6.90m
Revenue (TTM)n/a

0x

P/S Ratio

-8.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CPV income statement (TTM)
RevenueAU$0
Cost of RevenueAU$1.19m
Gross Profit-AU$1.19m
ExpensesAU$5.71m
Earnings-AU$6.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.033
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.2%

How did CPV perform over the long term?

See historical performance and comparison

Valuation

Is ClearVue Technologies undervalued compared to its fair value and its price relative to the market?

3.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CPV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CPV's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: CPV 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 CPV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CPV is overvalued based on its PB Ratio (3.1x) compared to the AU Electrical industry average (2.6x).


Future Growth

How is ClearVue Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.2%

Forecasted Capital Goods 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 ClearVue Technologies 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.


Past Performance

How has ClearVue Technologies performed over the past 5 years?

-14.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CPV is currently unprofitable.

Growing Profit Margin: CPV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CPV is unprofitable, and losses have increased over the past 5 years at a rate of 14.6% per year.

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

Earnings vs Industry: CPV is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (32.5%).


Return on Equity

High ROE: CPV has a negative Return on Equity (-35.22%), as it is currently unprofitable.


Financial Health

How is ClearVue Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: CPV's short term assets (A$17.0M) exceed its short term liabilities (A$756.4K).

Long Term Liabilities: CPV's short term assets (A$17.0M) exceed its long term liabilities (A$199.7K).


Debt to Equity History and Analysis

Debt Level: CPV's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CPV'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: CPV has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CPV has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.8% each year


Dividend

What is ClearVue Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CPV'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 CPV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CPV'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 CPV'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?

0.5yrs

Average management tenure


CEO

ClearVue Technologies has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CPV's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: CPV's board of directors are considered experienced (3.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 51.6%.


Top Shareholders

Company Information

ClearVue Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: ClearVue Technologies Limited
  • Ticker: CPV
  • Exchange: ASX
  • Founded: 1995
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$60.962m
  • Shares outstanding: 210.21m
  • Website: https://www.clearvuepv.com

Location

  • ClearVue Technologies Limited
  • 567 Newcastle Street
  • Suite 7
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:04
End of Day Share Price2021/10/15 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.