Contango Asset Management Limited is a publicly owned investment manager.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.90|
|52 Week High||AU$0.65|
|52 Week Low||AU$1.09|
|1 Month Change||12.50%|
|3 Month Change||-16.67%|
|1 Year Change||28.57%|
|3 Year Change||56.52%|
|5 Year Change||-51.35%|
|Change since IPO||-99.64%|
Recent News & Updates
Our View On Contango Asset Management's (ASX:CGA) CEO Pay
This article will reflect on the compensation paid to Marty Switzer who has served as CEO of Contango Asset Management...
|CGA||AU Capital Markets||AU Market|
Return vs Industry: CGA exceeded the Australian Capital Markets industry which returned 24.9% over the past year.
Return vs Market: CGA exceeded the Australian Market which returned 21.1% over the past year.
Stable Share Price: CGA is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CGA's weekly volatility (6%) has been stable over the past year.
About the Company
Contango Asset Management Limited is a publicly owned investment manager. It manages large cap, mid cap, small cap, micro cap, and income focused mandates for its institutional clients. The company was formerly known as Tyrian Diagnostics Limited and changed its name to Contango Asset Management Limited in August 2016.
Contango Asset Management Fundamentals Summary
|CGA fundamental statistics|
Is CGA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CGA income statement (TTM)|
|Cost of Revenue||AU$1.12m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.017|
|Net Profit Margin||-14.52%|
How did CGA perform over the long term?See historical performance and comparison
Is Contango Asset Management undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CGA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CGA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CGA is unprofitable, so we can't compare its PE Ratio to the Australian Capital Markets industry average.
PE vs Market: CGA 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 CGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CGA is overvalued based on its PB Ratio (4.6x) compared to the AU Capital Markets industry average (1.4x).
How is Contango Asset Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Contango Asset Management 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.
How has Contango Asset Management performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGA is currently unprofitable.
Growing Profit Margin: CGA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CGA is unprofitable, but has reduced losses over the past 5 years at a rate of 27.2% per year.
Accelerating Growth: Unable to compare CGA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CGA is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (12.8%).
Return on Equity
High ROE: CGA has a negative Return on Equity (-8.53%), as it is currently unprofitable.
How is Contango Asset Management's financial position?
Financial Position Analysis
Short Term Liabilities: CGA's short term assets (A$8.6M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: CGA's short term assets (A$8.6M) exceed its long term liabilities (A$1.6M).
Debt to Equity History and Analysis
Debt Level: CGA's debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CGA's debt to equity ratio has reduced over the past 5 years.
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: CGA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: CGA has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.4% each year
What is Contango Asset Management current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CGA'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 CGA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CGA'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 CGA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Martin Francis Switzer, B. Econ (Hons), also known as Marty, serves as Managing Director of Contango Asset Management Limited since August 22, 2018 and its Chief Executive Officer and has been its Dire...
CEO Compensation Analysis
Compensation vs Market: Marty's total compensation ($USD437.37K) is above average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Marty's compensation has increased whilst the company is unprofitable.
Experienced Management: CGA's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: CGA's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Contango Asset Management Limited's employee growth, exchange listings and data sources
- Name: Contango Asset Management Limited
- Ticker: CGA
- Exchange: ASX
- Founded: NaN
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: AU$43.241m
- Shares outstanding: 48.05m
- Website: https://contango.com.au
- Contango Asset Management Limited
- 10 Spring Street
- Level 6
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:05|
|End of Day Share Price||2021/10/21 00:00|
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.