East 33 Limited produces, processes, and supplies rock oysters in Australia.
East 33 Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.20|
|52 Week High||AU$0.17|
|52 Week Low||AU$0.28|
|1 Month Change||2.63%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-20.41%|
Recent News & Updates
|E33||AU Food||AU Market|
Return vs Industry: Insufficient data to determine how E33 performed against the Australian Food industry.
Return vs Market: Insufficient data to determine how E33 performed against the Australian Market.
Stable Share Price: E33 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine E33's volatility change over the past year.
About the Company
East 33 Limited produces, processes, and supplies rock oysters in Australia. The company operates through, Oyster Farming and Sundry Units segments. It also engages in the selling of liquor to retail customers; provision of restaurant services; and online sales of oysters and complimentary products.
East 33 Fundamentals Summary
|E33 fundamental statistics|
Is E33 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|E33 income statement (TTM)|
|Cost of Revenue||AU$6.64m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.02|
|Net Profit Margin||-65.23%|
How did E33 perform over the long term?See historical performance and comparison
Is East 33 undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: E33 (A$0.2) is trading below our estimate of fair value (A$0.21)
Significantly Below Fair Value: E33 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: E33 is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.
PE vs Market: E33 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 E33's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: E33 is overvalued based on its PB Ratio (10.3x) compared to the AU Food industry average (1.6x).
How is East 33 forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: E33 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: E33 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: E33's is expected to become profitable in the next 3 years.
Revenue vs Market: E33's revenue (20.6% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: E33's revenue (20.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: E33's Return on Equity is forecast to be low in 3 years time (16.9%).
How has East 33 performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: E33 is currently unprofitable.
Growing Profit Margin: E33 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if E33's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare E33's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: E33 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).
Return on Equity
High ROE: E33 has a negative Return on Equity (-103.71%), as it is currently unprofitable.
How is East 33's financial position?
Financial Position Analysis
Short Term Liabilities: E33's short term assets (A$10.7M) do not cover its short term liabilities (A$31.6M).
Long Term Liabilities: E33's short term assets (A$10.7M) exceed its long term liabilities (A$3.6M).
Debt to Equity History and Analysis
Debt Level: E33's debt to equity ratio (259.3%) is considered high.
Reducing Debt: Insufficient data to determine if E33's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: E33's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if E33's interest payments on its debt are well covered by EBIT.
What is East 33 current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate E33's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate E33'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 E33's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if E33'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 E33'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 board tenure
East 33 has no CEO, or we have no data on them.
Experienced Board: E33's board of directors are not considered experienced ( 0.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: E33 only recently listed within the past 12 months.
East 33 Limited's employee growth, exchange listings and data sources
- Name: East 33 Limited
- Ticker: E33
- Exchange: ASX
- Founded: 2019
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: AU$54.142m
- Shares outstanding: 277.65m
- Website: https://east33.sydney
- East 33 Limited
- East 33 Worimi Country
- 12 Point Road
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:22|
|End of Day Share Price||2021/10/21 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.