Clean TeQ Holdings
Market Cap
AU$231.4m
Last Updated
2020/10/24 10:33 UTC
Data Sources
Company Financials +
Executive Summary
Clean TeQ Holdings Limited, together with its subsidiaries, provides metals recovery and industrial water treatment services primarily in Australia. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet with weak fundamentals.
Similar Companies
Share Price & News
How has Clean TeQ Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CLQ's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.1%
CLQ
-2.9%
AU Commercial Services
-0.4%
AU Market
1 Year Return
26.5%
CLQ
-16.9%
AU Commercial Services
-7.0%
AU Market
Return vs Industry: CLQ exceeded the Australian Commercial Services industry which returned -16.9% over the past year.
Return vs Market: CLQ exceeded the Australian Market which returned -7% over the past year.
Shareholder returns
| CLQ | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | -2.9% | -0.4% |
| 30 Day | 21.6% | 0.05% | 4.3% |
| 90 Day | 47.6% | 1.2% | 4.3% |
| 1 Year | 26.5%26.5% | -14.8%-16.9% | -3.8%-7.0% |
| 3 Year | -77.3%-77.3% | 10.7%-1.2% | 17.0%2.3% |
| 5 Year | 47.6%47.6% | 32.3%8.1% | 42.9%14.3% |
Price Volatility Vs. Market
How volatile is Clean TeQ Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Will Clean TeQ Holdings (ASX:CLQ) Spend Its Cash Wisely?4 weeks ago | Simply Wall St
What Can We Learn About Clean TeQ Holdings' (ASX:CLQ) CEO Compensation?1 month ago | Simply Wall St
Did Clean TeQ Holdings Limited (ASX:CLQ) Insiders Sell Shares?Valuation
Is Clean TeQ Holdings undervalued compared to its fair value and its price relative to the market?
5.46x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CLQ's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CLQ's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CLQ is unprofitable, so we can't compare its PE Ratio to the AU Commercial Services industry average.
PE vs Market: CLQ 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 CLQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CLQ is overvalued based on its PB Ratio (5.5x) compared to the AU Commercial Services industry average (2x).
Next Steps
Future Growth
How is Clean TeQ Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.3%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CLQ's forecast earnings growth is above the savings rate (2.3%).
Earnings vs Market: Insufficient data to determine if CLQ's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CLQ's revenue is expected to decline over the next 3 years (-3.3% per year).
High Growth Revenue: CLQ's revenue is forecast to decline over the next 3 years (-3.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLQ is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Clean TeQ Holdings performed over the past 5 years?
-60.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLQ is currently unprofitable.
Growing Profit Margin: CLQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CLQ is unprofitable, and losses have increased over the past 5 years at a rate of 60.2% per year.
Accelerating Growth: Unable to compare CLQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CLQ is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (2.6%).
Return on Equity
High ROE: CLQ has a negative Return on Equity (-469.72%), as it is currently unprofitable.
Next Steps
Financial Health
How is Clean TeQ Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CLQ's short term assets (A$43.3M) exceed its short term liabilities (A$5.4M).
Long Term Liabilities: CLQ's short term assets (A$43.3M) exceed its long term liabilities (A$1.7M).
Debt to Equity History and Analysis
Debt Level: CLQ's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: CLQ's debt to equity ratio has reduced from 15.7% to 0.8% 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: CLQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CLQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.2% each year
Next Steps
Dividend
What is Clean TeQ Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CLQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CLQ'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 CLQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CLQ'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 CLQ'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?
7.5yrs
Average management tenure
CEO
Sam Riggall (48 yo)
5.25yrs
Tenure
AU$754,346
Compensation
Mr. Sam Riggall, LLB (Hons), B.Comm., MBA, has been Managing Director and Chief Executive Officer of Clean TeQ Holdings Limited since April 24, 2017 and July 1, 2015 respectively. He has been Executive Dir ...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($USD536.48K) is about average for companies of similar size in the Australian market ($USD517.86K).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.25yrs | AU$754.35k | 3.61% A$ 8.3m | |
| CFO & Investor Relations | 5.75yrs | AU$602.61k | 0.23% A$ 527.0k | |
| Project & Start-Up Director | 2.67yrs | AU$668.95k | no data | |
| Founder & Chief Technical Officer | 30.75yrs | no data | no data | |
| Executive General Manager of Sales & Marketing | no data | no data | no data | |
| Principal Scientist | 20.75yrs | no data | no data | |
| Company Secretary | 9.25yrs | AU$96.00k | no data | |
| MD & Executive Director of UV Guard Australia Pty Ltd | no data | AU$153.60k | no data |
7.5yrs
Average Tenure
48yo
Average Age
Experienced Management: CLQ's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Executive Director | 5.25yrs | AU$754.35k | 3.61% A$ 8.3m | |
| MD & Executive Director of UV Guard Australia Pty Ltd | no data | AU$153.60k | no data | |
| Non-Executive Co-Chairman | 4.08yrs | AU$113.13k | 12.94% A$ 29.9m | |
| Non-Executive Director | 5.08yrs | AU$81.25k | 0.10% A$ 232.5k | |
| Independent Non-Executive Director | 2yrs | AU$87.73k | 0.048% A$ 110.7k | |
| Lead Independent Non-Executive Director | 1.75yrs | AU$107.50k | 0.013% A$ 31.0k | |
| Independent Non-Executive Director | 7.25yrs | AU$90.00k | 0.15% A$ 346.7k | |
| Non-Executive Co-Chairman | 3.25yrs | AU$113.13k | no data |
4.1yrs
Average Tenure
59yo
Average Age
Experienced Board: CLQ's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CLQ 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
Clean TeQ Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Clean TeQ Holdings Limited
- Ticker: CLQ
- Exchange: ASX
- Founded: 1990
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: AU$231.403m
- Shares outstanding: 746.46m
- Website: https://www.cleanteq.com
Location
- Clean TeQ Holdings Limited
- 21 Howleys Road
- Unit 12
- Notting Hill
- Victoria
- 3168
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CLQ | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
| CLQ | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Nov 2007 |
| CTEQ.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Nov 2007 |
| 4CQ | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2007 |
| CLQ | TSX (The Toronto Stock Exchange) | Yes | Ordinary Shares | CA | CAD | Nov 2007 |
Biography
Clean TeQ Holdings Limited, together with its subsidiaries, provides metals recovery and industrial water treatment services primarily in Australia. It operates in two segments, Water and Metals. The Water ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 10:33 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.