company background image

Carlton InvestmentsASX:CIN Stock Report

Market Cap







25 Oct, 2021


Company Financials
CIN fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health5/6

CIN Overview

Carlton Investments Limited is a publicly owned asset management holding company.

Price History & Performance

Summary of all time highs, changes and price drops for Carlton Investments
Historical stock prices
Current Share PriceAU$32.56
52 Week HighAU$23.38
52 Week LowAU$33.09
1 Month Change2.71%
3 Month Change8.32%
1 Year Change38.26%
3 Year Change4.90%
5 Year Change3.20%
Change since IPO451.02%

Recent News & Updates

Shareholder Returns

CINAU Capital MarketsAU Market

Return vs Industry: CIN exceeded the Australian Capital Markets industry which returned 26.8% over the past year.

Return vs Market: CIN exceeded the Australian Market which returned 21.3% over the past year.

Price Volatility

Is CIN's price volatile compared to industry and market?
CIN volatility
CIN Beta0.90
Industry Beta0.99
Market Beta1

Stable Share Price: CIN is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CIN's weekly volatility (3%) has been stable over the past year.

About the Company


Carlton Investments Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm manages separate client-focused equity portfolios. It invests in the public equity markets of Australia through its subsidiaries.

Carlton Investments Fundamentals Summary

How do Carlton Investments's earnings and revenue compare to its market cap?
CIN fundamental statistics
Market CapAU$862.02m
Earnings (TTM)AU$21.03m
Revenue (TTM)AU$21.96m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CIN income statement (TTM)
Cost of RevenueAU$0
Gross ProfitAU$21.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)0.79
Gross Margin100.00%
Net Profit Margin95.76%
Debt/Equity Ratio0.02%

How did CIN perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio


Is Carlton Investments undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CIN (A$32.56) is trading above our estimate of fair value (A$19.09)

Significantly Below Fair Value: CIN is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: CIN is poor value based on its PE Ratio (41x) compared to the Australian Capital Markets industry average (16.7x).

PE vs Market: CIN is poor value based on its PE Ratio (41x) compared to the Australian market (19.9x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CIN's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: CIN is good value based on its PB Ratio (1x) compared to the AU Capital Markets industry average (1.4x).

Future Growth

How is Carlton Investments 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 Carlton Investments 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.

Past Performance

How has Carlton Investments performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CIN has high quality earnings.

Growing Profit Margin: CIN's current net profit margins (95.8%) are higher than last year (94.9%).

Past Earnings Growth Analysis

Earnings Trend: CIN's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: CIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CIN had negative earnings growth (-44.8%) over the past year, making it difficult to compare to the Capital Markets industry average (12.8%).

Return on Equity

High ROE: CIN's Return on Equity (2.5%) is considered low.

Financial Health

How is Carlton Investments's financial position?

Financial Position Analysis

Short Term Liabilities: CIN's short term assets (A$19.8M) exceed its short term liabilities (A$524.0K).

Long Term Liabilities: CIN's short term assets (A$19.8M) do not cover its long term liabilities (A$173.2M).

Debt to Equity History and Analysis

Debt Level: CIN's debt to equity ratio (0.02%) is considered satisfactory.

Reducing Debt: CIN's debt to equity ratio has reduced from 0.02% to 0.02% over the past 5 years.

Debt Coverage: CIN's debt is well covered by operating cash flow (11234.3%).

Interest Coverage: CIN's interest payments on its debt are well covered by EBIT (1757.5x coverage).

Balance Sheet


What is Carlton Investments's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CIN's dividend (2.06%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.23%).

High Dividend: CIN's dividend (2.06%) is low compared to the top 25% of dividend payers in the Australian market (5.3%).

Stability and Growth of Payments

Stable Dividend: CIN's dividend payments have been volatile in the past 10 years.

Growing Dividend: CIN's dividend payments have fallen over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.4%), CIN's payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Carlton Investments has no CEO, or we have no data on them.


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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Carlton Investments Limited's employee growth, exchange listings and data sources

Key Information

  • Name: Carlton Investments Limited
  • Ticker: CIN
  • Exchange: ASX
  • Founded: 1928
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: AU$862.015m
  • Shares outstanding: 26.47m
  • Website:

Number of Employees


  • Carlton Investments Limited
  • 478 George Street
  • Level 15
  • Sydney
  • New South Wales
  • 2000
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:39
End of Day Share Price2021/10/25 00:00
Annual Earnings2021/06/30

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.