ASX:ECL

Stock Analysis Report

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Executive Summary

Excelsior Capital Limited designs and distributes electrical components and cables for resource and infrastructure applications in Australia. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Excelsior Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ECL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ECL's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.3%

ECL

-0.1%

AU Electrical

2.3%

AU Market


1 Year Return

27.0%

ECL

-0.3%

AU Electrical

-0.3%

AU Market

Return vs Industry: ECL exceeded the Australian Electrical industry which returned -0.3% over the past year.

Return vs Market: ECL exceeded the Australian Market which returned -0.3% over the past year.


Shareholder returns

ECLIndustryMarket
7 Day3.3%-0.1%2.3%
30 Day-1.6%-2.6%7.2%
90 Day-4.9%13.7%8.7%
1 Year30.7%27.0%4.3%-0.3%3.1%-0.3%
3 Year29.9%15.7%-41.6%-49.7%24.2%8.8%
5 Year67.1%5.4%-55.3%6.5%55.4%24.4%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Excelsior Capital undervalued compared to its fair value and its price relative to the market?

28.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ECL (A$1.55) is trading below our estimate of fair value (A$2.16)

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


Price To Earnings Ratio

PE vs Industry: ECL is good value based on its PE Ratio (12.2x) compared to the XX Electrical industry average (24.2x).

PE vs Market: ECL is good value based on its PE Ratio (12.2x) compared to the Australian market (22.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ECL is good value based on its PB Ratio (0.9x) compared to the AU Electrical industry average (2.2x).


Next Steps

Future Growth

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

24.6%

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 Excelsior Capital 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 Excelsior Capital performed over the past 5 years?

-1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ECL has high quality earnings.

Growing Profit Margin: ECL's current net profit margins (6.1%) are lower than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: ECL's earnings have declined by 1.9% per year over the past 5 years.

Accelerating Growth: ECL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ECL had negative earnings growth (-13.5%) over the past year, making it difficult to compare to the Electrical industry average (-1.3%).


Return on Equity

High ROE: ECL's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is Excelsior Capital's financial position?


Financial Position Analysis

Short Term Liabilities: ECL's short term assets (A$47.6M) exceed its short term liabilities (A$9.2M).

Long Term Liabilities: ECL's short term assets (A$47.6M) exceed its long term liabilities (A$559.0K).


Debt to Equity History and Analysis

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

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

Debt Coverage: ECL's debt is well covered by operating cash flow (9220.7%).

Interest Coverage: ECL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Excelsior Capital current dividend yield, its reliability and sustainability?

2.58%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ECL's dividend (2.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.09%).

High Dividend: ECL's dividend (2.58%) is low compared to the top 25% of dividend payers in the Australian market (5%).


Stability and Growth of Payments

Stable Dividend: ECL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ECL has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.5%), ECL'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?

1.1yrs

Average board tenure


CEO

Excelsior Capital has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Leanne Catelan
Executive Director9.25yrsAU$76.65k50.22%
A$ 22.6m
Danny Herceg
Non-Executive Chairman1.08yrsAU$98.55k0.21%
A$ 94.1k
Oliver Schweizer
Non-Executive Independent Director0.83yrAU$36.36kno data

1.1yrs

Average Tenure

Experienced Board: ECL's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: ECL 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

Excelsior Capital Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Excelsior Capital Limited
  • Ticker: ECL
  • Exchange: ASX
  • Founded: 1991
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: AU$44.941m
  • Shares outstanding: 28.99m
  • Website: https://www.cmilimited.com.au

Number of Employees


Location

  • Excelsior Capital Limited
  • Chifley Tower
  • Level 29
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ECLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 1993
CMIX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1993
ECLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 1993

Biography

Excelsior Capital Limited designs and distributes electrical components and cables for resource and infrastructure applications in Australia. It offers power and communication cables/assemblies and compute...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 10:37
End of Day Share Price2020/11/23 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.