| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 2/6 |
CIN Stock Overview
Carlton Investments Limited is a publicly owned asset management holding company.
Carlton Investments Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$28.35 |
| 52 Week High | AU$33.80 |
| 52 Week Low | AU$28.90 |
| Beta | 0.82 |
| 1 Month Change | -11.41% |
| 3 Month Change | -11.96% |
| 1 Year Change | -7.32% |
| 3 Year Change | -9.19% |
| 5 Year Change | -11.41% |
| Change since IPO | 379.77% |
Recent News & Updates
Carlton Investments' (ASX:CIN) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Carlton Investments Limited ( ASX:CIN ) has announced that it will be increasing its dividend by 54% on...
Shareholder Returns
| CIN | AU Capital Markets | AU Market | |
|---|---|---|---|
| 7D | -2.9% | 2.6% | 2.8% |
| 1Y | -7.3% | -8.3% | -9.6% |
Return vs Industry: CIN matched the Australian Capital Markets industry which returned -8.3% over the past year.
Return vs Market: CIN exceeded the Australian Market which returned -9.6% over the past year.
Price Volatility
| CIN volatility | |
|---|---|
| CIN Average Weekly Movement | 2.7% |
| Capital Markets Industry Average Movement | 5.9% |
| Market Average Movement | 9.8% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 4.3% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1928 | 2 | n/a | https://www.carltoninvestments.com.au |
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
| CIN fundamental statistics | |
|---|---|
| Market Cap | AU$766.44m |
| Earnings (TTM) | AU$27.54m |
| Revenue (TTM) | AU$29.53m |
27.3x
P/E Ratio25.4x
P/S RatioIs CIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CIN income statement (TTM) | |
|---|---|
| Revenue | AU$29.53m |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$29.53m |
| Other Expenses | AU$1.99m |
| Earnings | AU$27.54m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 16, 2022
| Earnings per share (EPS) | 1.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 93.27% |
| Debt/Equity Ratio | 0.02% |
How did CIN perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield78%
Payout RatioValuation
Is CIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CIN?
Other financial metrics that can be useful for relative valuation.
| What is CIN's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$766.44m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 25.2x |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does CIN's PE Ratio compare to its peers?
| CIN PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 35.7x | ||
DJW Djerriwarrh Investments | 16.1x | n/a | AU$697.2m |
DUI Diversified United Investment | 26.4x | n/a | AU$985.3m |
AUI Australian United Investment | 22x | n/a | AU$1.2b |
MIR Mirrabooka Investments | 77x | n/a | AU$560.9m |
CIN Carlton Investments | 27.3x | n/a | AU$766.4m |
Price-To-Earnings vs Peers: CIN is good value based on its Price-To-Earnings Ratio (27.3x) compared to the peer average (35.7x).
Price to Earnings Ratio vs Industry
How does CIN's PE Ratio compare vs other companies in the AU Capital Markets Industry?
Price-To-Earnings vs Industry: CIN is expensive based on its Price-To-Earnings Ratio (27.3x) compared to the Australian Capital Markets industry average (14.9x)
Price to Earnings Ratio vs Fair Ratio
What is CIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 27.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CIN's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of CIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CIN (A$28.35) is trading above our estimate of fair value (A$23.59)
Significantly Below Fair Value: CIN is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIN's PEG Ratio to determine if it is good value.
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Future Growth
How is Carlton Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
5.9%
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.
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- Examine Carlton Investments's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Carlton Investments competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Carlton Investments performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-9.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIN has high quality earnings.
Growing Profit Margin: CIN's current net profit margins (93.3%) are lower than last year (95.9%).
Past Earnings Growth Analysis
Earnings Trend: CIN's earnings have declined by 9.6% per year over the past 5 years.
Accelerating Growth: CIN's earnings growth over the past year (13.8%) exceeds its 5-year average (-9.6% per year).
Earnings vs Industry: CIN earnings growth over the past year (13.8%) underperformed the Capital Markets industry 42.7%.
Return on Equity
High ROE: CIN's Return on Equity (3.1%) is considered low.
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Financial Health
How is Carlton Investments's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CIN's short term assets (A$22.0M) exceed its short term liabilities (A$376.0K).
Long Term Liabilities: CIN's short term assets (A$22.0M) do not cover its long term liabilities (A$191.3M).
Debt to Equity History and Analysis
Debt Level: CIN has more cash than its total debt.
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 (16719.9%).
Interest Coverage: CIN's interest payments on its debt are well covered by EBIT (2383.8x coverage).
Balance Sheet
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Dividend
What is Carlton Investments's current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIN's dividend (2.36%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.73%).
High Dividend: CIN's dividend (2.36%) is low compared to the top 25% of dividend payers in the Australian market (6.9%).
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.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.9%), CIN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), CIN's dividend payments are covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
15.0yrs
Average board tenure
CEO
Carlton Investments has no CEO, or we have no data on them.
Board Members
Experienced Board: CIN's board of directors are seasoned and experienced ( 15 years average tenure).
Ownership
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
- Implied Market Cap: AU$766.442m
- Shares outstanding: 26.47m
- Website: https://www.carltoninvestments.com.au
Number of Employees
Location
- Carlton Investments Limited
- 478 George Street
- Level 15
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/30 00:00 |
| End of Day Share Price | 2022/06/30 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.