Namoi Cotton
Namoi Cotton Limited engages in ginning and marketing of cotton. The last earnings update was 149 days ago. More info.
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NAM Share Price and Events
7 Day Returns
1 Year Returns
NAM Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Namoi Cotton (NAM) | -12.5% | -10.3% | -7.9% | -32% | -5.4% | 22.8% |
| AU Commercial Services | 0.9% | 5.2% | 12.7% | 10% | 19.2% | 37.6% |
| AU Market | 0.1% | 0.7% | 11.2% | 1.6% | 18.7% | 5.1% |
1 Year Return vs Industry and Market
- NAM underperformed the Commercial Services industry which returned 10% over the past year.
- NAM underperformed the Market in Australia which returned 1.6% over the past year.
Value
Is Namoi Cotton undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Namoi Cotton
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Namoi Cotton.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 1 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9% |
| Perpetual Growth Rate | 10-Year AU Government Bond Rate | 2.3% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year AU Govt Bond Rate | 2.3% |
| Equity Risk Premium | S&P Global | 6% |
| Commercial Services Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.729 (1 + (1- 30%) (90.95%)) |
1.129 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.13 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.129 * 5.96%) |
9.04% |
Discounted Cash Flow Calculation for ASX:NAM using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Namoi Cotton is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (AUD, Millions) | Source |
Present Value Discounted (@ 9.04%) |
|
|---|---|---|---|
| 2019 | 11.40 | Analyst x1 | 10.45 |
| 2020 | -6.20 | Analyst x1 | -5.21 |
| 2021 | 7.30 | Analyst x1 | 5.63 |
| 2022 | 5.07 | Est @ -30.61% | 3.58 |
| 2023 | 4.02 | Est @ -20.73% | 2.60 |
| 2024 | 3.46 | Est @ -13.82% | 2.06 |
| 2025 | 3.15 | Est @ -8.98% | 1.72 |
| 2026 | 2.97 | Est @ -5.59% | 1.49 |
| 2027 | 2.88 | Est @ -3.22% | 1.32 |
| 2028 | 2.83 | Est @ -1.56% | 1.19 |
| Present value of next 10 years cash flows | A$24.84 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= A$2.83 × (1 + 2.31%) ÷ (9.04% – 2.31%) |
A$43.06 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= A$43.06 ÷ (1 + 9.04%)10 |
A$18.12 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= A$24.84 + A$18.12 |
A$42.95 |
| Equity Value per Share (AUD) |
= Total value / Shares Outstanding
= A$42.95 / 140.11 |
A$0.31 |
| Calculation | Result | |
|---|---|---|
| Value per share (AUD) | From above. | A$0.31 |
| Current discount | Discount to share price of
A$0.35
= -1 x (A$0.35 - A$0.31) / A$0.31 |
-14.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Namoi Cotton is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Namoi Cotton's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Namoi Cotton's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-08-31) in AUD | A$0.04 |
| ASX:NAM Share Price ** | ASX (2019-03-20) in AUD | A$0.35 |
| Australia Commercial Services Industry PE Ratio | Median Figure of 15 Publicly-Listed Commercial Services Companies | 21.19x |
| Australia Market PE Ratio | Median Figure of 543 Publicly-Listed Companies | 16.2x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Namoi Cotton.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:NAM Share Price ÷ EPS (both in AUD) = 0.35 ÷ 0.04 |
8.66x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Namoi Cotton is good value based on earnings compared to the AU Commercial Services industry average.
- Namoi Cotton is good value based on earnings compared to the Australia market.
Price based on expected Growth
Does
Namoi Cotton's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 8.66x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts |
-10.4%per year |
| Australia Commercial Services Industry PEG Ratio | Median Figure of 11 Publicly-Listed Commercial Services Companies | 1.36x |
| Australia Market PEG Ratio | Median Figure of 362 Publicly-Listed Companies | 1.37x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 8.66x ÷ -10.4% |
-0.84x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Namoi Cotton earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Namoi Cotton's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-08-31) in AUD | A$1.03 |
| ASX:NAM Share Price * | ASX (2019-03-20) in AUD | A$0.35 |
| Australia Commercial Services Industry PB Ratio | Median Figure of 27 Publicly-Listed Commercial Services Companies | 2.99x |
| Australia Market PB Ratio | Median Figure of 1,668 Publicly-Listed Companies | 1.67x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:NAM Share Price ÷ Book Value per Share (both in AUD) = 0.35 ÷ 1.03 |
0.34x |
* Primary Listing of Namoi Cotton.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Namoi Cotton is good value based on assets compared to the AU Commercial Services industry average.
Value checks
We assess Namoi Cotton's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check) Namoi Cotton has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Namoi Cotton expected to perform in the next 1 to 3 years based on estimates from 1 analyst?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Namoi Cotton's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.3%.
Growth vs Market Checks
- Namoi Cotton's earnings are expected to decrease over the next 1-3 years, this is below the Australia market average.
- Namoi Cotton's revenues are expected to decrease over the next 1-3 years, this is below the Australia market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ASX:NAM Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts | -10.4% |
| ASX:NAM Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts | -2.9% |
| Australia Commercial Services Industry Earnings Growth Rate | Market Cap Weighted Average | 10.2% |
| Australia Commercial Services Industry Revenue Growth Rate | Market Cap Weighted Average | 4.7% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.4% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-02-28 | 523 | 1 | ||
| 2022-02-28 | 523 | 1 | ||
| 2021-02-28 | 523 | 14 | 7 | 1 |
| 2020-02-29 | 308 | 2 | -5 | 1 |
| 2019-02-28 | 664 | 20 | 6 | 1 |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-08-31 | 588 | 22 | 5 |
| 2018-05-31 | 536 | 20 | 6 |
| 2018-02-28 | 484 | 17 | 7 |
| 2017-11-30 | 476 | 15 | 8 |
| 2017-08-31 | 469 | 12 | 9 |
| 2017-05-31 | 412 | 9 | 4 |
| 2017-02-28 | 355 | 5 | 0 |
| 2016-11-30 | 349 | 8 | -2 |
| 2016-08-31 | 343 | 11 | -4 |
| 2016-05-31 | 311 | 6 | -6 |
| 2016-02-29 | 280 | 2 | -8 |
| 2015-11-30 | 292 | -1 | -6 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (6 months ago) | See Below |
| Future Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
All data from Namoi Cotton Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-02-28 | ||||
| 2022-02-28 | ||||
| 2021-02-28 | 0.05 | 0.05 | 0.05 | 1.00 |
| 2020-02-29 | -0.03 | -0.03 | -0.03 | 1.00 |
| 2019-02-28 | 0.04 | 0.04 | 0.04 | 1.00 |
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-08-31 | 0.04 |
| 2018-05-31 | 0.05 |
| 2018-02-28 | 0.05 |
| 2017-11-30 | 0.06 |
| 2017-08-31 | 0.06 |
| 2017-05-31 | 0.03 |
| 2017-02-28 | 0.00 |
| 2016-11-30 | -0.02 |
| 2016-08-31 | -0.04 |
| 2016-05-31 | -0.05 |
| 2016-02-29 | -0.07 |
| 2015-11-30 | -0.06 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Namoi Cotton's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Namoi Cotton has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Namoi Cotton performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Namoi Cotton's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Namoi Cotton's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Namoi Cotton's 1-year earnings growth is negative, it can't be compared to the AU Commercial Services industry average.
Earnings and Revenue History
All data from Namoi Cotton Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-08-31 | 587.74 | 5.31 | 27.58 | |
| 2018-05-31 | 535.84 | 6.04 | 26.88 | |
| 2018-02-28 | 483.94 | 6.77 | 26.19 | |
| 2017-11-30 | 476.45 | 7.69 | 25.72 | |
| 2017-08-31 | 469.09 | 8.62 | 25.25 | |
| 2017-05-31 | 412.22 | 4.45 | 22.06 | |
| 2017-02-28 | 355.34 | 0.28 | 18.86 | |
| 2016-11-30 | 349.31 | -1.97 | 18.70 | |
| 2016-08-31 | 343.28 | -4.21 | 18.53 | |
| 2016-05-31 | 311.50 | -5.89 | 17.64 | |
| 2016-02-29 | 279.71 | -7.56 | 16.75 | |
| 2015-11-30 | 292.30 | -6.45 | 17.89 | |
| 2015-08-31 | 304.89 | -5.35 | 19.03 | |
| 2015-05-31 | 362.66 | 0.48 | 21.55 | |
| 2015-02-28 | 420.44 | 6.31 | 24.08 | |
| 2014-11-30 | 434.19 | 7.45 | 23.63 | |
| 2014-08-31 | 447.94 | 8.59 | 23.18 | |
| 2014-05-31 | 477.64 | 6.95 | 23.86 | |
| 2014-02-28 | 507.34 | 5.31 | 24.54 | |
| 2013-11-30 | 561.31 | 4.64 | 26.28 | |
| 2013-08-31 | 615.29 | 3.97 | 28.02 | |
| 2013-05-31 | 597.66 | 1.93 | 29.03 | |
| 2013-02-28 | 580.03 | -0.11 | 30.04 | |
| 2012-11-30 | 640.64 | -1.23 | 28.78 | |
| 2012-08-31 | 701.25 | -2.36 | 27.53 | |
| 2012-05-31 | 755.96 | -34.93 | 26.29 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Namoi Cotton has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Namoi Cotton used its assets less efficiently than the AU Commercial Services industry average last year based on Return on Assets.
- Namoi Cotton has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Namoi Cotton's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Namoi Cotton has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Namoi Cotton's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Namoi Cotton's finances.
The net worth of a company is the difference between its assets and liabilities.
- Namoi Cotton is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Namoi Cotton's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 2.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Namoi Cotton Company Filings, last reported 6 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-08-31 | 143.41 | 44.60 | 7.55 |
| 2018-05-31 | 143.41 | 44.60 | 7.55 |
| 2018-02-28 | 131.76 | 50.05 | 1.49 |
| 2017-11-30 | 131.76 | 50.05 | 1.49 |
| 2017-08-31 | 139.58 | 52.22 | 6.06 |
| 2017-05-31 | 139.58 | 52.22 | 6.06 |
| 2017-02-28 | 123.83 | 59.92 | 2.26 |
| 2016-11-30 | 123.83 | 59.92 | 2.26 |
| 2016-08-31 | 130.97 | 54.29 | 2.94 |
| 2016-05-31 | 130.97 | 54.29 | 2.94 |
| 2016-02-29 | 123.55 | 60.96 | 1.79 |
| 2015-11-30 | 123.55 | 60.96 | 1.79 |
| 2015-08-31 | 128.68 | 62.08 | 2.09 |
| 2015-05-31 | 128.68 | 62.08 | 2.09 |
| 2015-02-28 | 124.60 | 59.48 | 0.17 |
| 2014-11-30 | 124.60 | 59.48 | 0.17 |
| 2014-08-31 | 134.03 | 59.25 | 2.00 |
| 2014-05-31 | 134.03 | 59.25 | 2.00 |
| 2014-02-28 | 118.84 | 54.34 | 0.42 |
| 2013-11-30 | 118.84 | 54.34 | 0.42 |
| 2013-08-31 | 125.99 | 67.72 | 0.07 |
| 2013-05-31 | 125.99 | 67.72 | 0.07 |
| 2013-02-28 | 109.87 | 141.20 | 0.26 |
| 2012-11-30 | 109.87 | 141.20 | 0.26 |
| 2012-08-31 | 118.17 | 159.21 | 3.56 |
| 2012-05-31 | 118.17 | 159.21 | 3.56 |
- Namoi Cotton's level of debt (31.1%) 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 (53.7% vs 31.1% today).
- Debt is well covered by operating cash flow (49.4%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 7.3x coverage).
Financial health checks
We assess Namoi Cotton's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Namoi Cotton has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Namoi Cotton's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
A$2,000 of
Namoi Cotton
shares you are expected to receive
A$109
in your first year as a dividend.
Dividend Amount
- Namoi Cotton's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.63%).
- Namoi Cotton's dividend is below the markets top 25% of dividend payers in Australia (5.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 1 Analyst Estimates (S&P Global) | See Below |
| Australia Commercial Services Industry Average Dividend Yield | Market Cap Weighted Average of 13 Stocks | 2.7% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 418 Stocks | 4.4% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.7% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in A$) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-02-28 | 0.02 | 1.00 |
| 2022-02-28 | 0.02 | 1.00 |
| 2021-02-28 | 0.02 | 1.00 |
| 2020-02-29 | 0.00 | 1.00 |
| 2019-02-28 | 0.02 | 1.00 |
| Date (Data in A$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2018-04-24 | 0.019 | 4.279 |
| 2016-04-27 | 0.000 | 0.000 |
| 2015-10-29 | 0.000 | 0.000 |
| 2015-04-28 | 0.000 | 0.000 |
| 2014-10-21 | 0.010 | 3.190 |
| 2014-08-13 | 0.005 | 1.484 |
| 2011-06-28 | 0.000 | 0.000 |
| 2010-10-19 | 0.000 | 0.000 |
| 2010-06-18 | 0.000 | 0.000 |
| 2010-04-21 | 0.000 | 0.000 |
| 2009-10-20 | 0.035 | 8.208 |
| 2009-04-21 | 0.040 | 9.526 |
| 2009-03-23 | 0.060 | 16.186 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- Dividends per share have fallen over the past 10 years.
Income/ dividend checks
We assess Namoi Cotton's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.7%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Namoi Cotton afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Namoi Cotton has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | A$48,973 |
| AGE | 56 |
CEO Bio
Mr. Tim J. Watson, GAICD has been Chairman of Namoi Cotton Co-operative Ltd since August 29, 2018 and has been its Non-Executive Director since December 17, 2014.
CEO Compensation
- Tim's compensation has been consistent with company performance over the past year.
- Tim's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure
Average tenure of the Namoi Cotton management team in years:
- The average tenure for the Namoi Cotton management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Tim Watson
Chairman
A$49K
56
Stuart Greenwood
CFO & Interim Acting CEO
A$319K
Shane McGregor
Chief Operations Officer
A$366K
5.3 yrs
Bailey Garcha
General Counsel & Company Secretary
A$313K
44
David Lindsay
General Manager of Grower Services & Marketing
A$323K
Alex Mehl
Chief Information Officer
1.2 yrs
Eimear McDonagh
General Manager of Export Marketing
A$62K
7.8 yrs
Board of Directors Tenure
Average tenure and age of the Namoi Cotton board of directors in years:
- The average tenure for the Namoi Cotton board of directors is less than 3 years, this suggests a new board.
Board of Directors
Richard Anderson
Deputy Chairman
A$66K
72
0.6 yrs
Tim Watson
Chairman
A$49K
56
0.6 yrs
Robert Green
Non-Executive Director
A$57K
61
5.8 yrs
James Jackson
Non-Executive Director
56
0.8 yrs
Glen Price
Non Executive Director
A$41K
63
9.7 yrs
Juanita Hamparsum
Non-Executive Director
47
0.8 yrs
Joe Di Leo
Non-Executive Director
60
0.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Namoi Cotton's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Namoi Cotton has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Do You Get For Owning Namoi Cotton Limited (ASX:NAM)?
and looking to gauge the potential return on investment in Namoi Cotton Limited (ASX:NAM). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Namoi Cotton’s capital returns we will look at a useful metric called return on capital employed.
Simply Wall St - – Full articleIs Namoi Cotton Limited (ASX:NAM) A Sell At Its Current PE Ratio?
NAM is priced at a small multiple of 9.51x based on its prior year’s earnings,. … which is -217.66010363130312 lower than 20.79x average multiple of the AU Commercial Services. … Yes, this cheaper multiple can initially be attractive, but there are many company-specific elements which are not captured in such a static ratio – such as its growth outlook and debt obligations
Simply Wall St - – Full articleNamoi Cotton Limited (ASX:NAM): Dividend Is Coming In 2 Days, Should You Buy?
On the 24 July 2018, Namoi Cotton Limited (ASX:NAM) will be paying shareholders an upcoming dividend amount of AU$0.019 per share. … However, investors must have bought the company's stock before 02 July 2018 in order to qualify for the payment. … Below, I'm going to look at the latest data and analyze the stock and its dividend property in further detail.
Simply Wall St - – Full articleShould You Be Tempted To Buy Namoi Cotton Limited (ASX:NAM) Because Of Its PE Ratio?
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in Namoi Cotton Limited (ASX:NAM). … Namoi Cotton Limited (ASX:NAM) is trading with a trailing P/E of 9.8x, which is lower than the industry average of 16x.
Simply Wall St - – Full articleIs Namoi Cotton Limited (ASX:NAM) A Smart Pick For Income Investors?
Over the past 10 years, Namoi Cotton Limited (ASX:NAM) has returned an average of 3.00% per year to shareholders in terms of dividend yield. … Check out our latest analysis for Namoi Cotton … 5 questions I ask before picking a dividend stock
Simply Wall St - – Full articleWhat Should We Expect From Namoi Cotton Limited's (ASX:NAM) Earnings Over The Next Few Years?
The most recent earnings announcement Namoi Cotton Limited's (ASX:NAM) released in February 2018 showed that the company benefited from a significant tailwind, more than doubling its earnings from the prior year. … Today I want to provide a brief commentary on how market analysts view Namoi Cotton's earnings growth outlook over the next couple of years and whether the future looks even brighter than the past. … View our latest analysis for Namoi Cotton Analysts' outlook for this coming year seems rather subdued, with earnings climbing by a single digit 0.46%.
Simply Wall St - – Full articleShould Namoi Cotton Limited (ASX:NAM) Be Part Of Your Portfolio?
Check out our latest analysis for Namoi Cotton 5 checks you should do on a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is its annual yield among the top 25% of dividend-paying companies? … ASX:NAM Historical Dividend Yield May 25th 18 Does Namoi Cotton pass our checks? … Compared to its peers, Namoi Cotton generates a yield of 3.69%, which is high for Commercial Services stocks but still below the market's top dividend payers.Next Steps: With this in mind, I definitely rank Namoi Cotton as a strong dividend stock, and makes it worth further research for anyone who likes steady income generation from their portfolio.
Simply Wall St - – Full articleMy Concerns Around Namoi Cotton Limited (ASX:NAM)
Namoi Cotton Limited (ASX:NAM) is a company I've been following for a while, and my main concern is around the sustainability of the business going forward. … A consensus of AU commercial services and supplies analysts covering the stock indicates that its revenue level is expected to decline by -8.73% by 2021, negatively impacting earnings, with a bottom-line annual growth rate of -7.64%, on average, over the same time period. … Also, comparing NAM's current share price to its peers based on its industry and earnings level, it's undervalued by 73.34%, with a PE ratio of 9.32x vs.
Simply Wall St - – Full articleTop Cheap Stocks To Buy Today
This is the case for Namoi Cotton and Sandfire Resources. … The discrepancy between the price and value means investors have an opportunity to buy shares at a discount. … TB8's stock is currently trading at -95% under its value of $2.48, at a price of AU$0.12, based on its expected future cash flows.
Simply Wall St - – Full articleShould You Be Concerned About Namoi Cotton Limited's (ASX:NAM) Investors?
Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
Simply Wall St - – Full articleCompany Info
Description
Namoi Cotton Limited engages in ginning and marketing of cotton. The company operates 12 cotton gins in New South Wales and Queensland; and offers ginning services to growers, including separation of lint cotton from seed and other foreign matter, and the conversion of cotton in module form to bale form. It is also involved in the purchase of lint cotton from growers through various forward contracts; trading, packing, and supplying of cotton seeds in Australia, China, and Japan; and provision of commodity packing services to third party customers. In addition, the company procures various grain and pulse crops from growers, and sells into various markets in Australia and internationally; and provides cotton classing services to the Australian cotton industry. Further, it is involved in the trading activities of sale and logistics of plastic waste from ginning activities. The company was formerly known as Namoi Cotton Co-operative Ltd and changed its name to Namoi Cotton Limited in October 2017. Namoi Cotton Limited was founded in 1962 and is headquartered in Wee Waa, Australia.
Details
| Name: | Namoi Cotton Limited |
| NAM | |
| Exchange: | ASX |
| Founded: | 1962 |
| A$49,037,121 | |
| 140,106,061 | |
| Website: | http://www.namoicotton.com.au |
| Address: |
Namoi Cotton Limited Pilliga Road, PO Box 58, Wee Waa, New South Wales, 2388, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | NAM | Ordinary Shares | Australian Securities Exchange | AU | AUD | 06. Apr 1998 |
Number of employees
Current staff
Industry
| Diversified Support Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 10:33 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/02/21 |
| Last earnings filing: | 2018/10/23 |
| Last earnings reported: | 2018/08/31 |
| Last annual earnings reported: | 2018/02/28 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
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