Clean TeQ Holdings
Market Cap
AU$257.5m
Last Updated
2019/09/21 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.
Snowflake
Fundamentals
Excellent balance sheet with high growth potential.
Risks
- Clean TeQ Holdings has significant price volatility in the past 3 months.
- Clean TeQ Holdings is covered by less than 3 analysts.
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
Market Performance
7 Day Return
13.1%
CLQ
0.8%
AU Commercial Services
1.0%
AU Market
1 Year Return
-30.3%
CLQ
5.3%
AU Commercial Services
6.9%
AU Market
CLQ underperformed the Commercial Services industry which returned 5.3% over the past year.
CLQ underperformed the Market in Australia which returned 6.9% over the past year.
Share holder returns
| CLQ | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.1% | 0.8% | 1.0% |
| 30 Day | -11.5% | 1.0% | 3.9% |
| 90 Day | 1.5% | -5.3% | 1.6% |
| 1 Year | -30.3%-30.3% | 8.4%5.3% | 13.1%6.9% |
| 3 Year | -38.4%-38.4% | 22.2%11.8% | 39.5%20.7% |
| 5 Year | 542.0%538.9% | 65.9%43.0% | 52.8%18.7% |
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
1 day ago | Simply Wall St
Clean TeQ Holdings's (ASX:CLQ) Wonderful 539% Share Price Increase Shows How Capitalism Can Build Wealth2 weeks ago | Simply Wall St
Analysts Expect Breakeven For Clean TeQ Holdings Limited (ASX:CLQ)1 month ago | Simply Wall St
Is Clean TeQ Holdings (ASX:CLQ) Using Too Much Debt?Valuation
Is Clean TeQ Holdings undervalued based on future cash flows and its price relative to the stock market?
1.08x
Price to Book (PB) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for Clean TeQ Holdings to establish if it is available at moderate discount.
Unable to calculate intrinsic value for Clean TeQ Holdings to establish if it is available at substantial discount.
Price Based on Earnings
Clean TeQ Holdings is loss making, we can't compare its value to the AU Commercial Services industry average.
Clean TeQ Holdings is loss making, we can't compare the value of its earnings to the Australia market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Clean TeQ Holdings, we can't assess if its growth is good value.
Price Based on Value of Assets
Clean TeQ Holdings is good value based on assets compared to the AU Commercial Services industry average.
Next Steps
Future Growth
How is Clean TeQ Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
38.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Clean TeQ Holdings's revenue is expected to grow significantly at over 20% yearly.
Clean TeQ Holdings's earnings are expected to grow significantly at over 20% yearly.
Clean TeQ Holdings's revenue growth is expected to exceed the Australia market average.
Clean TeQ Holdings's earnings growth is expected to exceed the Australia market average.
Clean TeQ Holdings's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Earnings per Share Growth Estimates
Future Return on Equity
Clean TeQ Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Clean TeQ Holdings performed over the past 5 years?
-20.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Clean TeQ Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Clean TeQ Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Clean TeQ Holdings's 1-year growth to the AU Commercial Services industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Clean TeQ Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Clean TeQ Holdings has efficiently used its assets last year compared to the AU Commercial Services industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Clean TeQ Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Clean TeQ Holdings's financial position?
Financial Position Analysis
Clean TeQ Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Clean TeQ Holdings's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Clean TeQ Holdings's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (36.7% vs 0.1% today).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 711.7x debt.
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.
Clean TeQ Holdings has sufficient cash runway for 1.1 years based on current free cash flow.
Clean TeQ Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 63.6% each year.
Next Steps
Dividend
What is Clean TeQ Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Clean TeQ Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Clean TeQ Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Clean TeQ Holdings has not reported any payouts.
Unable to verify if Clean TeQ Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Clean TeQ Holdings has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Clean TeQ Holdings's dividends in 3 years as they are not expected to pay a notable one for Australia.
Next Steps
Management
What is the CEO of Clean TeQ Holdings's salary, the management and board of directors tenure and is there insider trading?
4.8yrs
Average management tenure
CEO
Sam Riggall (47yo)
4.8yrs
Tenure
AU$662,240
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. He has been Executive Director of Clean TeQ Holdings Li ...
CEO Compensation Analysis
Sam's remuneration is about average for companies of similar size in Australia.
Sam's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
4.8yrs
Average Tenure
47yo
Average Age
The tenure for the Clean TeQ Holdings management team is about average.
Board Age and Tenure
2.8yrs
Average Tenure
58yo
Average Age
The average tenure for the Clean TeQ Holdings board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Lead Director Lead Independent Non-Executive Director |
| Shares | 50,000 |
| Max Price | AU$0.42 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 357,290 |
| Max Price | AU$0.42 |
Ownership Breakdown
Management Team
Melanie Jaye Leydin (46yo)
Company Secretary
- Tenure: 8.2yrs
- Compensation: AU$96.00k
Nickolai Zontov
Principal Scientist
- Tenure: 19.7yrs
Peter Voigt (67yo)
Founder & Chief Technical Officer
- Tenure: 29.7yrs
Sam Riggall (47yo)
MD, CEO & Executive Director
- Tenure: 4.8yrs
- Compensation: AU$662.24k
Ben Stockdale
CFO & Investor Relations
- Tenure: 4.7yrs
- Compensation: AU$470.06k
John Carr
Executive General Manager of Sales & Marketing
- Tenure: 0yrs
Ross Dive
MD & Executive Director of UV Guard Australia Pty Ltd
- Tenure: 0yrs
- Compensation: AU$153.60k
Stephen Grocott
Chief Technical Development Officer
- Tenure: 1.7yrs
Tim Kindred
Project & Start-Up Director
- Tenure: 1.6yrs
- Compensation: AU$635.18k
Rae Wyatt
General Manager of People & Culture
- Tenure: 1.7yrs
Board Members
Robert Martin Friedland (68yo)
Non-Executive Co-Chairman
- Tenure: 3yrs
- Compensation: AU$127.50k
Eric Finlayson (58yo)
Non-Executive Director
- Tenure: 4yrs
- Compensation: AU$90.00k
Judith Downes (65yo)
Independent Non-Executive Director
- Tenure: 0.9yrs
- Compensation: AU$67.08k
Sam Riggall (47yo)
MD, CEO & Executive Director
- Tenure: 4.8yrs
- Compensation: AU$662.24k
Mike Spreadborough
Independent Non-Executive Director
- Tenure: 2.8yrs
- Compensation: AU$152.74k
Ross Dive
MD & Executive Director of UV Guard Australia Pty Ltd
- Tenure: 0yrs
- Compensation: AU$153.60k
Stef Loader
Lead Independent Non-Executive Director
- Tenure: 0.7yrs
- Compensation: AU$107.50k
Ian Knight
Independent Non-Executive Director
- Tenure: 6.2yrs
- Compensation: AU$101.95k
Zhaobai Jiang (56yo)
Non-Executive Co-Chairman
- Tenure: 2.4yrs
- Compensation: AU$127.50k
Shawn Wang
Non-Executive Director
- Tenure: 0.5yrs
- Compensation: AU$30.00k
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$257.529m
- 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 | 2019/09/21 10:33 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.