ASX:CSSDA

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet with proven track record.

Risks

  • Clean Seas Seafood is not covered by any analysts.

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


Market Performance


7 Day Return

-5.0%

ASX:CSSDA

1.8%

AU Food

0.6%

AU Market


1 Year Return

n/a

ASX:CSSDA

-12.1%

AU Food

5.7%

AU Market

No trading data on CSSDA.

No trading data on CSSDA.


Share holder returns

CSSDAIndustryMarket
7 Day-5.0%1.8%0.6%
30 Dayn/a2.2%0.8%
90 Dayn/a-5.0%5.9%
1 Yearn/a-9.8%-12.1%11.8%5.7%
3 Yearn/a-5.2%-9.9%37.2%19.4%
5 Yearn/a26.5%15.2%44.8%12.3%

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

No news available

Valuation

Is Clean Seas Seafood undervalued based on future cash flows and its price relative to the stock market?

26.34x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Clean Seas Seafood to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Clean Seas Seafood to establish if it is available at substantial discount.


Price Based on Earnings

Clean Seas Seafood is overvalued based on earnings compared to the AU Food industry average.

Clean Seas Seafood is overvalued based on earnings compared to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Clean Seas Seafood, we can't assess if its growth is good value.


Price Based on Value of Assets

Clean Seas Seafood is good value based on assets compared to the AU Food industry average.


Next Steps

Future Growth

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

36.8%

Forecasted Food 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?

23.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Clean Seas Seafood has delivered over 20% year on year earnings growth in the past 5 years.

Clean Seas Seafood's 1-year earnings growth exceeds its 5-year average (1573.3% vs 23.5%)

Clean Seas Seafood's earnings growth has exceeded the AU Food industry average in the past year (1573.3% vs -4.9%).


Return on Equity

Clean Seas Seafood has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Clean Seas Seafood used its assets less efficiently than the AU Food industry average last year based on Return on Assets.


Return on Capital Employed

Clean Seas Seafood has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Clean Seas Seafood's financial position?


Financial Position Analysis

Clean Seas Seafood is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Clean Seas Seafood's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Clean Seas Seafood's level of debt (3.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0.9% vs 3.3% today).

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are well covered by earnings (EBIT is 308.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 26.4x debt.


Next Steps

Dividend

What is Clean Seas Seafood's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Clean Seas Seafood's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Clean Seas Seafood's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Clean Seas Seafood has not reported any payouts.

Unable to verify if Clean Seas Seafood's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Clean Seas Seafood has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Clean Seas Seafood's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

David Head (60yo)

2.9yrs

Tenure

AU$971,374

Compensation

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

David's remuneration is higher than average for companies of similar size in Australia.

David's compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.6yrs

Average Tenure

The tenure for the Clean Seas Seafood management team is about average.


Board Age and Tenure

2.3yrs

Average Tenure

The average tenure for the Clean Seas Seafood board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • David Head (60yo)

    MD, CEO & Director

    • Tenure: 2.9yrs
    • Compensation: A$971.37k
  • Wayne Materne

    CFO & Company Secretary

    • Tenure: 4.3yrs
    • Compensation: A$351.34k
  • Chester Wilkes

    Marine Production Manager

    • Tenure: 6.0yrs
    • Compensation: A$143.00k
  • Dan Fisk

    General Manager of Aquaculture

    • Tenure: 0.7yrs
  • Tim Dohrmann

    Investor Relations


Board Members

  • David Head (60yo)

    MD, CEO & Director

    • Tenure: 2.9yrs
    • Compensation: A$971.37k
  • Nick Burrows

    Independent Non-Executive Director

    • Tenure: 6.7yrs
    • Compensation: A$72.50k
  • Raelene Murphy (58yo)

    Independent Non-Executive Director

    • Tenure: 0.4yrs
  • Marcus Stehr

    Non-Executive Director

    • Tenure: 18.3yrs
    • Compensation: A$65.00k
  • Terry O’Brien

    Independent Non-Executive Chairman

    • Tenure: 1.6yrs
    • Compensation: A$132.50k
  • Helen Sawczak

    Independent Non-Executive Director

    • Tenure: 0.4yrs

Company Information

Clean Seas Seafood Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clean Seas Seafood Limited
  • Ticker: CSSDA
  • Exchange: ASX
  • Founded: 2000
  • Industry: packaged foods and meats
  • Sector: food, beverage & tobacco
  • Market Cap: AU$95.037m
  • Shares outstanding: 83.37m
  • Website: Click here

Number of Employees


Location

  • Clean Seas Seafood Limited
  • 7 North Quay Boulevard
  • Port Lincoln
  • South Australia
  • 5606
  • 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
CSSDAASX (Australian Securities Exchange)NPV DFD 07/12/18(EX-SPLT)AUAUDNov 2018
CSSDACHIA (Chi-X Australia)NPV DFD 07/12/18(EX-SPLT)AUAUDNov 2018

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2018/12/11 10:37
End of Day Share Price2018/12/07 00:00
Earnings2018/06/30
Annual Earnings2018/06/30


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.