Namoi Cotton
Market Cap
AU$44.9m
Last Updated
2019/12/12 10:35 UTC
Data Sources
Company Financials +
Executive Summary
Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and marketing of cotton in Australia and Asia.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with mediocre balance sheet.
Share Price & News
How has Namoi Cotton's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NAM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.5%
NAM
-0.2%
AU Commercial Services
2.0%
AU Market
1 Year Return
-20.0%
NAM
17.8%
AU Commercial Services
18.2%
AU Market
Return vs Industry: NAM underperformed the Australian Commercial Services industry which returned 17.8% over the past year.
Return vs Market: NAM underperformed the Australian Market which returned 18.2% over the past year.
Shareholder returns
| NAM | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | -0.2% | 2.0% |
| 30 Day | -5.9% | -0.2% | -0.7% |
| 90 Day | -4.5% | 2.2% | 0.7% |
| 1 Year | -20.0%-20.0% | 24.0%17.8% | 24.1%18.2% |
| 3 Year | -17.0%-20.0% | 21.7%8.9% | 36.0%17.3% |
| 5 Year | 3.8%0% | 71.4%39.8% | 64.1%27.1% |
Price Volatility Vs. Market
How volatile is Namoi Cotton's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Those Who Purchased Namoi Cotton (ASX:NAM) Shares A Year Ago Have A 15% Loss To Show For It1 month ago | Simply Wall St
Namoi Cotton (ASX:NAM) Takes On Some Risk With Its Use Of Debt1 year ago | Simply Wall St
What Do You Get For Owning Namoi Cotton Limited (ASX:NAM)?Valuation
Is Namoi Cotton 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: NAM (A$0.32) is trading below our estimate of fair value (A$2.76)
Significantly Below Fair Value: NAM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NAM is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: NAM 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 NAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NAM is good value based on its PB Ratio (0.4x) compared to the AU Commercial Services industry average (2.3x).
Next Steps
Future Growth
How is Namoi Cotton forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
72.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NAM is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NAM is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NAM is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NAM's revenue (60.9% per year) is forecast to grow faster than the Australian market (3.6% per year).
High Growth Revenue: NAM's revenue (60.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NAM is forecast to be unprofitable in 3 years.
Next Steps
Past Performance
How has Namoi Cotton performed over the past 5 years?
-18.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NAM is currently unprofitable.
Growing Profit Margin: NAM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NAM is unprofitable, and losses have increased over the past 5 years at a rate of -18.7% per year.
Accelerating Growth: Unable to compare NAM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NAM is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (18.9%).
Return on Equity
High ROE: NAM has a negative Return on Equity (-14.76%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Namoi Cotton's financial position?
Financial Position Analysis
Short Term Liabilities: NAM's short term assets (A$61.1M) exceed its short term liabilities (A$52.1M).
Long Term Liabilities: NAM's short term assets (A$61.1M) exceed its long term liabilities (A$49.1M).
Debt to Equity History and Analysis
Debt Level: NAM's debt to equity ratio (40.8%) is considered high.
Reducing Debt: NAM's debt to equity ratio has reduced from 42.3% to 40.8% over the past 5 years.
Debt Coverage: NAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NAM's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: NAM has a high level of physical assets or inventory.
Debt Coverage by Assets: NAM's debt is covered by short term assets (assets are 1.2x debt).
Next Steps
Dividend
What is Namoi Cotton's current dividend yield, its reliability and sustainability?
1.86%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NAM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NAM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NAM is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NAM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
What is the CEO of Namoi Cotton's salary, the management and board of directors tenure and is there insider trading?
1.6yrs
Average management tenure
CEO
Michael Renehan 0
0.3yrs
Tenure
Mr. Michael Renehan, MEng Chemical, MBA, MAICD, has been Chief Executive Officer of Namoi Cotton Limited since September 01, 2019. Mr. Renehan had been the Chief Executive Officer of Murray Irrigation Limi ...
Management Age and Tenure
1.6yrs
Average Tenure
Experienced Management: NAM's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Age and Tenure
1.5yrs
Average Tenure
62yo
Average Age
Experienced Board: NAM's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 513,943 |
| Max Price | AU$0.40 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 13,835 |
| Max Price | AU$0.34 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 198,424 |
| Max Price | AU$0.37 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 250,000 |
| Max Price | AU$0.36 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.7%.
Management Team
Stuart Greenwood
Chief Financial Officer
- Tenure: 11.9yrs
- Compensation: AU$326.90k
Michael Renehan
Chief Executive Officer
- Tenure: 0.3yrs
Shane McGregor
Chief Operations Officer
- Tenure: 6.9yrs
- Compensation: AU$363.66k
Alex Mehl
Chief Information Officer
- Tenure: 1.6yrs
- Compensation: AU$287.59k
Andrew Metcalfe
Company Secretary
- Tenure: 0.08yrs
Board Members
Stuart Boydell (72yo)
Non-Executive Director
- Tenure: 25.5yrs
- Compensation: AU$98.68k
Joe Di Leo (62yo)
Non-Executive Director
- Tenure: 1.5yrs
- Compensation: AU$56.01k
James Jackson (57yo)
Non-Executive Director
- Tenure: 1.5yrs
- Compensation: AU$56.01k
Glen Price (64yo)
Non Executive Director
- Tenure: 10.4yrs
- Compensation: AU$76.95k
Robert Green (62yo)
Non-Executive Director
- Tenure: 6.6yrs
- Compensation: AU$86.45k
Tim Watson (57yo)
Chairman
- Tenure: 1.3yrs
- Compensation: AU$102.68k
Juanita Hamparsum (48yo)
Non-Executive Director
- Tenure: 1.5yrs
- Compensation: AU$56.01k
Company Information
Namoi Cotton Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Namoi Cotton Limited
- Ticker: NAM
- Exchange: ASX
- Founded: 1962
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: AU$44.889m
- Shares outstanding: 140.28m
- Website: https://www.namoicotton.com.au
Location
- Namoi Cotton Limited
- 27 Trucking Yard Lane
- Wee Waa
- New South Wales
- 2388
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NAM | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Apr 1998 |
| NAM | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Apr 1998 |
Biography
Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and marketing of cotton in Australia and Asia. The company operates 12 cotton gins in New South Wales and Queensland. It is also ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/12 10:35 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2019/02/28 |
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.