Clean Seas Seafood Limited operates in the aquaculture industry in Australia and internationally.
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.
7 Day Return
1 Year Return
Return vs Industry: CSS underperformed the Australian Food industry which returned -18.7% over the past year.
Return vs Market: CSS underperformed the Australian Market which returned -18.9% over the past year.
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
2 days ago | Simply Wall StWe're Not So Sure You Should Rely on Clean Seas Seafood's (ASX:CSS) Statutory Earnings
3 weeks ago | Simply Wall StHow Does Clean Seas Seafood's (ASX:CSS) P/E Compare To Its Industry, After The Share Price Drop?
1 month ago | Simply Wall StWhy You Should Like Clean Seas Seafood Limited’s (ASX:CSS) ROCE
Is Clean Seas Seafood 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: 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 (4.1x) compared to the Food industry average (16.6x).
PE vs Market: CSS is good value based on its PE Ratio (4.1x) compared to the Australian market (13.3x).
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 (0.5x) compared to the AU Food industry average (1.2x).
How is Clean Seas Seafood forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine whether Clean Seas Seafood is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Clean Seas Seafood competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has Clean Seas Seafood performed over the past 5 years?
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 has become profitable over the past 5 years, growing earnings by 36.1% per year.
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 -5.2%.
Return on Equity
High ROE: CSS's Return on Equity (12.3%) is considered low.
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.
Inventory Level: CSS has a high level of physical assets or inventory.
Debt Coverage by Assets: CSS's debt is covered by short term assets (assets are 6.7x debt).
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 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: CSS is profitable, therefore cash runway is not a concern.
What is Clean Seas Seafood's 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 payouts.
High Dividend: Unable to evaluate CSS'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 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Head (61yo)
Mr. David J. Head, BEc. has been Chief Executive Officer, Managing Director and Director at Clean Seas Tuna Limited since January 28, 2016. Mr. Head serves as Managing Director and Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD619.97K) is above average for companies of similar size in the Australian market ($USD239.28K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|MD, CEO & Director||4.25yrs||AU$1.02m||1.27% A$594.7k|
|CFO & Joint Company Secretary||1yr||AU$331.20k||0.052% A$24.3k|
|Investor Relations||no data||no data||no data|
|Group Financial Controller & Joint Company Secretary||0.83yr||no data||no data|
|Marine Production Manager||7.33yrs||AU$199.00k||no data|
Experienced Management: CSS's management team is considered experienced (2.6 years average tenure).
|MD, CEO & Director||4.25yrs||AU$1.02m||1.27% A$594.7k|
|Independent Non-Executive Director||8yrs||AU$86.38k||0.052% A$24.2k|
|Independent Non-Executive Director||1.75yrs||AU$74.38k||no data|
|Non-Executive Director||19.58yrs||AU$73.25k||0.0038% A$1.8k|
|Independent Non-Executive Chairman||2.92yrs||AU$145.63k||0.19% A$86.5k|
|Independent Non-Executive Director||1.75yrs||AU$67.50k||0.0054% A$2.5k|
|Non-Executive Director||0.083yr||no data||0.11% A$50.0k|
Experienced Board: CSS's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CSS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Clean Seas Seafood Limited's company bio, employee growth, exchange listings and data sources
- Name: Clean Seas Seafood Limited
- Ticker: CSS
- Exchange: ASX
- Founded: 2000
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$46.671m
- Shares outstanding: 93.34m
- Website: https://www.cleanseas.com.au
Number of Employees
- Clean Seas Seafood Limited
- 7 Frederick Road
- Royal Park
- South Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CSS||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Dec 2005|
|CTUN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2005|
|C7S||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2005|
|CSS||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Dec 2005|
|C7S||BRSE (Berne Stock Exchange)||Yes||Ordinary Shares||CH||CHF||Dec 2005|
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, harvesting, growing, and selling of Spencer Gulf Hiramasa yellowtail kingfish; and production and sale of fingerlings, mulloways, and tuna. It is also involved in the research and development activities for the production of southern Bluefin tuna. The company serves seafood distributors and wholesalers. Clean Seas Seafood Limited was founded in 2000 and is based in Royal Park, Australia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 10:44|
|End of Day Share Price||2020/04/03 00:00|
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.