ASX:CCJ

Stock Analysis Report

County International

Executive Summary

County International Limited engages in the exploration and development of coal resources in the United States.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has County International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCJ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

CCJ

9.5%

AU Oil and Gas

5.3%

AU Market


1 Year Return

-55.6%

CCJ

-43.3%

AU Oil and Gas

-17.6%

AU Market

Return vs Industry: CCJ underperformed the Australian Oil and Gas industry which returned -46.9% over the past year.

Return vs Market: CCJ underperformed the Australian Market which returned -19.4% over the past year.


Shareholder returns

CCJIndustryMarket
7 Day0%9.5%5.3%
30 Day0%-31.6%-18.2%
90 Dayn/a-43.0%-22.6%
1 Year-55.6%-55.6%-41.0%-43.3%-13.9%-17.6%
3 Year-66.7%-66.7%-35.5%-43.5%-0.4%-14.1%
5 Year-81.7%-88.6%-36.1%-47.5%10.7%-14.3%

Price Volatility Vs. Market

How volatile is County International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is County International undervalued compared to its fair value and its price relative to the market?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CCJ's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CCJ's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CCJ is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: CCJ 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 CCJ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CCJ is good value based on its PB Ratio (0.6x) compared to the AU Oil and Gas industry average (0.7x).


Next Steps

Future Growth

How is County International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.3%

Forecasted Energy 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 County International 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.


Next Steps

Past Performance

How has County International performed over the past 5 years?

69.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCJ is currently unprofitable.

Growing Profit Margin: CCJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CCJ is unprofitable, but has reduced losses over the past 5 years at a rate of 69.2% per year.

Accelerating Growth: Unable to compare CCJ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CCJ is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16%).


Return on Equity

High ROE: CCJ has a negative Return on Equity (-5.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is County International's financial position?


Financial Position Analysis

Short Term Liabilities: CCJ's short term assets (A$876.4K) exceed its short term liabilities (A$12.5K).

Long Term Liabilities: CCJ has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CCJ is debt free.

Reducing Debt: CCJ has not had any debt for past 5 years.


Balance Sheet

Inventory Level: CCJ has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CCJ's debt is covered by short term assets.


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: CCJ has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: CCJ has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 52.3% each year


Next Steps

Dividend

What is County International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CCJ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CCJ'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 CCJ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCJ'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 CCJ's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

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

8.8yrs

Average board tenure


CEO

Rod Ruston (68yo)

7.75s

Tenure

AU$300

Compensation

Mr. Rodney John Ruston, also known as Rod, MBA, Business, BE (Mining) has been the Chief Executive Officer of County Coal Limited since July 9, 2012 and has been its Managing Director since February 21, 20 ...


CEO Compensation Analysis

Compensation vs Market: Rod's total compensation ($USD184.04) is below average for companies of similar size in the Australian market ($USD246.06K).

Compensation vs Earnings: Rod's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rodney Ruston
MD, CEO & Director7.75yrsAU$300.00no data
Robert Cameron
Non-Executive Chairman8.83yrsno data5.83% A$55.8k
David Miller
Non-Executive Director9yrsno datano data
Steven Parker
Member of Mining Advisory Panelno datano datano data
Mitchell Jakeman
Member of Mining Advisory Panelno datano datano data

8.8yrs

Average Tenure

68yo

Average Age

Experienced Board: CCJ's board of directors are considered experienced (8.8 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

County International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: County International Limited
  • Ticker: CCJ
  • Exchange: ASX
  • Founded: 2011
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: AU$957.400k
  • Shares outstanding: 239.35m
  • Website: https://www.countyinternational.com

Location

  • County International Limited
  • 27 Macquarie Place
  • Level 2
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCJASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 2011
CCJCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 2011

Biography

County International Limited engages in the exploration and development of coal resources in the United States. It holds interests in the Miller Coal and Shell Creek Coal projects located in the Powder River Basin; and owns a surplus parcel of freehold land that consists of 25-lot subdivision located at Lake DeSmet in Wyoming. The company was formerly known as County Coal Limited and changed its name to County International Limited in November 2015. The company was incorporated in 2011 and is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:44
End of Day Share Price2020/01/30 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.