| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
CSS Overview
Clean Seas Seafood Limited, together with its subsidiaries, operates in the aquaculture industry in Australia, Europe, and internationally.
Clean Seas Seafood Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.63 |
| 52 Week High | AU$0.50 |
| 52 Week Low | AU$0.92 |
| Beta | 0.96 |
| 1 Month Change | 17.76% |
| 3 Month Change | 20.00% |
| 1 Year Change | -8.70% |
| 3 Year Change | -44.74% |
| 5 Year Change | -23.17% |
| Change since IPO | -93.88% |
Recent News & Updates
Here's Why Clean Seas Seafood (ASX:CSS) Can Afford Some Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Clean Seas Seafood (ASX:CSS) Is Carrying A Fair Bit Of Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Shareholder Returns
| CSS | AU Food | AU Market | |
|---|---|---|---|
| 7D | 8.6% | -1.3% | 1.5% |
| 1Y | -8.7% | 1.6% | 21.1% |
Return vs Industry: CSS underperformed the Australian Food industry which returned 1.6% over the past year.
Return vs Market: CSS underperformed the Australian Market which returned 21.1% over the past year.
Price Volatility
| CSS volatility | |
|---|---|
| CSS Beta | 0.96 |
| Industry Beta | 0.55 |
| Market Beta | 1 |
Stable Share Price: CSS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CSS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 92 | Rob Gratton | https://www.cleanseas.com.au |
Clean Seas Seafood Limited, together with its subsidiaries, operates in the aquaculture industry in Australia, Europe, and internationally. The company operates in two segments, Finfish Sales and Tuna Operations. It engages in the propagation, harvesting, growing, and selling of Spencer Gulf Hiramasa yellowtail kingfish; and production and sale of fingerlings.
Clean Seas Seafood Fundamentals Summary
| CSS fundamental statistics | |
|---|---|
| Market Cap | AU$104.17m |
| Earnings (TTM) | -AU$32.10m |
| Revenue (TTM) | AU$48.46m |
2.1x
P/S Ratio-3.2x
P/E RatioIs CSS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CSS income statement (TTM) | |
|---|---|
| Revenue | AU$48.46m |
| Cost of Revenue | AU$59.59m |
| Gross Profit | -AU$11.13m |
| Expenses | AU$20.97m |
| Earnings | -AU$32.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 31, 2021
| Earnings per share (EPS) | -0.19 |
| Gross Margin | -22.96% |
| Net Profit Margin | -66.23% |
| Debt/Equity Ratio | 29.8% |
How did CSS perform over the long term?
See historical performance and comparisonValuation
Is Clean Seas Seafood undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSS (A$0.63) is trading below our estimate of fair value (A$2.92)
Significantly Below Fair Value: CSS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSS is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.
PE vs Market: CSS 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 CSS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CSS's PB Ratio (1.5x) is in line with the AU Food industry average.
Future Growth
How is Clean Seas Seafood forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
99.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: CSS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CSS's is expected to become profitable in the next 3 years.
Revenue vs Market: CSS's revenue (14% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: CSS's revenue (14% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CSS's Return on Equity is forecast to be low in 3 years time (4.7%).
Past Performance
How has Clean Seas Seafood performed over the past 5 years?
-55.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSS is currently unprofitable.
Growing Profit Margin: CSS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CSS is unprofitable, and losses have increased over the past 5 years at a rate of 55.3% per year.
Accelerating Growth: Unable to compare CSS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CSS is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).
Return on Equity
High ROE: CSS has a negative Return on Equity (-46.84%), as it is currently unprofitable.
Financial Health
How is Clean Seas Seafood's financial position?
Financial Position Analysis
Short Term Liabilities: CSS's short term assets (A$81.8M) exceed its short term liabilities (A$22.2M).
Long Term Liabilities: CSS's short term assets (A$81.8M) exceed its long term liabilities (A$11.3M).
Debt to Equity History and Analysis
Debt Level: CSS's debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: CSS's debt to equity ratio has increased from 6.8% to 29.8% over the past 5 years.
Balance Sheet
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: CSS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CSS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Clean Seas Seafood current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSS'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 CSS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSS'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 CSS'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?
1.1yrs
Average management tenure
CEO
Rob Gratton
1.17yrs
Tenure
AU$482,674
Compensation
Mr. Robert Gratton also known as Rob, has been the Chief Executive Officer of Clean Seas Seafood Limited since December 3, 2020 and has been its Director since December 2020 and has been its Joint Company...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD361.47K) is about average for companies of similar size in the Australian market ($USD303.55K).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CSS's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: CSS's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 47.5%.
Top Shareholders
Company Information
Clean Seas Seafood Limited's employee growth, exchange listings and data sources
Key Information
- Name: Clean Seas Seafood Limited
- Ticker: CSS
- Exchange: ASX
- Founded: 2000
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$104.172m
- Shares outstanding: 165.35m
- Website: https://www.cleanseas.com.au
Number of Employees
Location
- Clean Seas Seafood Limited
- 7 Frederick Road
- Royal Park
- South Australia
- 5014
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 18:13 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| 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.