ASX:CSS

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Executive Summary

Clean Seas Seafood Limited operates in the aquaculture industry in Australia and internationally.


Snowflake Analysis

Proven track record and fair value.

Share Price & News

How has Clean Seas Seafood's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.9%

CSS

-1.3%

AU Food

0.2%

AU Market


1 Year Return

-33.3%

CSS

-16.7%

AU Food

-6.6%

AU Market

Return vs Industry: CSS underperformed the Australian Food industry which returned -20.1% over the past year.

Return vs Market: CSS underperformed the Australian Market which returned -11% over the past year.


Shareholder returns

CSSIndustryMarket
7 Day-0.9%-1.3%0.2%
30 Day-5.2%-3.2%0.3%
90 Day-21.4%-4.1%13.7%
1 Year-33.3%-33.3%-8.2%-16.7%-2.8%-6.6%
3 Year-48.1%-48.1%-11.0%-23.8%18.6%2.9%
5 Year-52.6%-52.6%11.8%-11.9%36.9%7.3%

Price Volatility Vs. Market

How volatile is Clean Seas Seafood's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clean Seas Seafood undervalued compared to its fair value and its price relative to the market?

4.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CSS is good value based on its PE Ratio (4.5x) compared to the AU Food industry average (15.8x).

PE vs Market: CSS is good value based on its PE Ratio (4.5x) compared to the Australian market (15.5x).


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 is good value based on its PB Ratio (0.6x) compared to the AU Food industry average (1.1x).


Next Steps

Future Growth

How is Clean Seas Seafood forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.5%

Forecasted Food, Beverage & Tobacco 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 Clean Seas Seafood 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 Clean Seas Seafood performed over the past 5 years?

36.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSS has a high level of non-cash earnings.

Growing Profit Margin: CSS's current net profit margins (21.3%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: CSS's earnings have grown significantly by 36.1% per year over the past 5 years.

Accelerating Growth: CSS's earnings growth over the past year (270.3%) exceeds its 5-year average (36.1% per year).

Earnings vs Industry: CSS earnings growth over the past year (270.3%) exceeded the Food industry -8.8%.


Return on Equity

High ROE: CSS's Return on Equity (12.3%) is considered low.


Next Steps

Financial Health

How is Clean Seas Seafood's financial position?


Financial Position Analysis

Short Term Liabilities: CSS's short term assets (A$93.3M) exceed its short term liabilities (A$12.0M).

Long Term Liabilities: CSS's short term assets (A$93.3M) exceed its long term liabilities (A$16.4M).


Debt to Equity History and Analysis

Debt Level: CSS's debt to equity ratio (16.3%) is considered satisfactory.

Reducing Debt: CSS's debt to equity ratio has increased from 0.6% to 16.3% over the past 5 years.

Debt Coverage: CSS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CSS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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?

3.0yrs

Average management tenure


CEO

David Head (62 yo)

4.58yrs

Tenure

AU$1,024,254

Compensation

Mr. David J. Head, BEc. has been Chief Executive Officer, Managing Director and Director at Clean Seas Seafood Limited (formerly known as Clean Seas Tuna Limited) since January 28, 2016. Mr. Head serves as ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD727.71K) is above average for companies of similar size in the Australian market ($USD269.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
David Head
MD, CEO & Director4.58yrsAU$1.02m1.09%
A$ 642.3k
Robert Gratton
CFO & Joint Company Secretary1.33yrsAU$331.20k0.045%
A$ 26.3k
Tim Dohrmann
Investor Relationsno datano datano data
David Brown
Group Financial Controller & Joint Company Secretary1.17yrsno datano data
Chester Wilkes
Marine Production Manager7.67yrsAU$199.00kno data

3.0yrs

Average Tenure

Experienced Management: CSS's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Head
MD, CEO & Director4.58yrsAU$1.02m1.09%
A$ 642.3k
Nicholas Burrows
Independent Non-Executive Director8.33yrsAU$86.38k0.044%
A$ 26.1k
Raelene Murphy
Independent Non-Executive Director2.08yrsAU$74.38kno data
Marcus Stehr
Non-Executive Director19.92yrsAU$73.25k0.0032%
A$ 1.9k
Terrence O'Brien
Independent Non-Executive Chairman3.25yrsAU$145.63k0.21%
A$ 124.6k
Gilbert Vergères
Non-Executive Director0.42yrno data0.23%
A$ 135.0k

3.9yrs

Average Tenure

60yo

Average Age

Experienced Board: CSS's board of directors are considered experienced (3.9 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 30.4%.


Top Shareholders

Company Information

Clean Seas Seafood Limited's company bio, 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$58.801m
  • Shares outstanding: 108.89m
  • Website: https://www.cleanseas.com.au

Location

  • Clean Seas Seafood Limited
  • 7 Frederick Road
  • Royal Park
  • South Australia
  • 5014
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2005
CTUN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005
C7SDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005
CSSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2005

Biography

Clean Seas Seafood Limited operates in the aquaculture industry in Australia and internationally. It operates in two segments, Finfish Sales and Tuna Operations. The company engages in the propagation, har ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 10:41
End of Day Share Price2020/08/04 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.