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KTD

Keytone DairyASX:KTD Stock Report

Market Cap

AU$35.6m

7D

-3.7%

1Y

-40.9%

Updated

26 Oct, 2021

Data

Company Financials
KTD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

KTD Overview

Keytone Dairy Corporation Limited, together with its subsidiary, manufactures and exports dairy, health and wellness, and nutrition products in New Zealand and Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Keytone Dairy
Historical stock prices
Current Share PriceAU$0.13
52 Week HighAU$0.11
52 Week LowAU$0.30
Beta0.72
1 Month Change8.33%
3 Month Change-7.14%
1 Year Change-40.91%
3 Year Change-71.11%
5 Year Changen/a
Change since IPO-63.89%

Recent News & Updates

Feb 20
Don't Ignore The Fact That This Insider Just Sold Some Shares In Keytone Dairy Corporation Limited (ASX:KTD)

Don't Ignore The Fact That This Insider Just Sold Some Shares In Keytone Dairy Corporation Limited (ASX:KTD)

Anyone interested in Keytone Dairy Corporation Limited ( ASX:KTD ) should probably be aware that a company insider...

Shareholder Returns

KTDAU FoodAU Market
7D-3.7%0.9%0.8%
1Y-40.9%5.6%24.4%

Return vs Industry: KTD underperformed the Australian Food industry which returned 5.6% over the past year.

Return vs Market: KTD underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is KTD's price volatile compared to industry and market?
KTD volatility
KTD Beta0.72
Industry Beta0.55
Market Beta1

Stable Share Price: KTD is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: KTD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aDanny Rotmanhttps://www.keytonedairy.com

Keytone Dairy Corporation Limited, together with its subsidiary, manufactures and exports dairy, health and wellness, and nutrition products in New Zealand and Australia. It offers dairy nutrition based powdered products, healthy meal and snack solutions, functional beverages, and handcrafted fudges under the KeyDairy, SuperCubes, Tonik, and Gran’s Fudge brands. The company also provides contract manufacturing services for milk powders, food service powders, and health and sports nutrition blends and powders; and formulating, blending, and packing of dry food and nutraceutical powders.

Keytone Dairy Fundamentals Summary

How do Keytone Dairy's earnings and revenue compare to its market cap?
KTD fundamental statistics
Market CapAU$35.63m
Earnings (TTM)-AU$8.20m
Revenue (TTM)AU$50.69m

0.7x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KTD income statement (TTM)
RevenueAU$50.69m
Cost of RevenueAU$39.96m
Gross ProfitAU$10.73m
ExpensesAU$18.93m
Earnings-AU$8.20m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.03
Gross Margin21.17%
Net Profit Margin-16.17%
Debt/Equity Ratio1.6%

How did KTD perform over the long term?

See historical performance and comparison

Valuation

Is Keytone Dairy undervalued compared to its fair value and its price relative to the market?

0.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: KTD is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.

PE vs Market: KTD 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 KTD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KTD is good value based on its PB Ratio (0.6x) compared to the AU Food industry average (1.7x).


Future Growth

How is Keytone Dairy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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 Keytone Dairy 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.


Past Performance

How has Keytone Dairy performed over the past 5 years?

-50.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KTD is currently unprofitable.

Growing Profit Margin: KTD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KTD is unprofitable, and losses have increased over the past 5 years at a rate of 50.6% per year.

Accelerating Growth: Unable to compare KTD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KTD is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: KTD has a negative Return on Equity (-14.94%), as it is currently unprofitable.


Financial Health

How is Keytone Dairy's financial position?


Financial Position Analysis

Short Term Liabilities: KTD's short term assets (A$25.5M) exceed its short term liabilities (A$16.1M).

Long Term Liabilities: KTD's short term assets (A$25.5M) exceed its long term liabilities (A$14.8M).


Debt to Equity History and Analysis

Debt Level: KTD's debt to equity ratio (1.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KTD's debt to equity ratio has reduced 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: KTD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KTD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.9% each year


Dividend

What is Keytone Dairy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KTD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KTD'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 KTD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KTD'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 KTD'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?

3.1yrs

Average board tenure


CEO

Danny Rotman

2.08yrs

Tenure

AU$806,135

Compensation

Mr. Daniel Rotman, also known as Danny has been Group Chief Executive Officer of Keytone Dairy Corporation Limited since September 10, 2019. He has been Executive Director at Keytone Dairy Corporation Limi...


CEO Compensation Analysis

Compensation vs Market: Danny's total compensation ($USD604.30K) is above average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Danny's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: KTD's board of directors are considered experienced (3.1 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 6.8%.


Top Shareholders

Company Information

Keytone Dairy Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Keytone Dairy Corporation Limited
  • Ticker: KTD
  • Exchange: ASX
  • Founded: 2011
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$35.633m
  • Shares outstanding: 274.10m
  • Website: https://www.keytonedairy.com

Location

  • Keytone Dairy Corporation Limited
  • 17 Hynds Drive
  • Rolleston
  • Christchurch
  • 7675
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.