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NZS

New Zealand Coastal SeafoodsASX:NZS Stock Report

Market Cap

AU$9.1m

7D

0%

1Y

-63.3%

Updated

26 Oct, 2021

Data

Company Financials
NZS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

NZS Overview

New Zealand Coastal Seafoods Limited produces nutraceuticals, seafood products, and marine ingredients in New Zealand and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for New Zealand Coastal Seafoods
Historical stock prices
Current Share PriceAU$0.011
52 Week HighAU$0.01
52 Week LowAU$0.036
Beta0.19
1 Month Change-8.33%
3 Month Change-15.38%
1 Year Change-63.33%
3 Year Changen/a
5 Year Changen/a
Change since IPO-52.17%

Recent News & Updates

Shareholder Returns

NZSAU FoodAU Market
7D0%0.9%0.8%
1Y-63.3%5.6%24.4%

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

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

Price Volatility

Is NZS's price volatile compared to industry and market?
NZS volatility
NZS Beta0.19
Industry Beta0.55
Market Beta1

Stable Share Price: NZS is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: NZS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2016n/aAndrew Petihttps://nzcs.co

New Zealand Coastal Seafoods Limited produces nutraceuticals, seafood products, and marine ingredients in New Zealand and internationally. It primarily offers dried ling maw; and nutraceutical products, such as green lipped mussel powder, oyster powder, and astaxanthin extracts. The company also offers products its online.

New Zealand Coastal Seafoods Fundamentals Summary

How do New Zealand Coastal Seafoods's earnings and revenue compare to its market cap?
NZS fundamental statistics
Market CapAU$9.10m
Earnings (TTM)-AU$3.58m
Revenue (TTM)AU$2.42m

3.8x

P/S Ratio

-2.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NZS income statement (TTM)
RevenueAU$2.42m
Cost of RevenueAU$2.20m
Gross ProfitAU$222.28k
ExpensesAU$3.80m
Earnings-AU$3.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0043
Gross Margin9.17%
Net Profit Margin-147.64%
Debt/Equity Ratio0%

How did NZS perform over the long term?

See historical performance and comparison

Valuation

Is New Zealand Coastal Seafoods undervalued compared to its fair value and its price relative to the market?

2.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NZS is overvalued based on its PB Ratio (2.2x) compared to the AU Food industry average (1.7x).


Future Growth

How is New Zealand Coastal Seafoods 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 New Zealand Coastal Seafoods 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 New Zealand Coastal Seafoods performed over the past 5 years?

-28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NZS is currently unprofitable.

Growing Profit Margin: NZS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NZS is unprofitable, and losses have increased over the past 5 years at a rate of 28% per year.

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

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


Return on Equity

High ROE: NZS has a negative Return on Equity (-88.01%), as it is currently unprofitable.


Financial Health

How is New Zealand Coastal Seafoods's financial position?


Financial Position Analysis

Short Term Liabilities: NZS's short term assets (A$3.4M) exceed its short term liabilities (A$388.5K).

Long Term Liabilities: NZS's short term assets (A$3.4M) exceed its long term liabilities (A$1.2M).


Debt to Equity History and Analysis

Debt Level: NZS is debt free.

Reducing Debt: NZS had no debt 5 years ago.


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: NZS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NZS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.4% each year


Dividend

What is New Zealand Coastal Seafoods's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.8yrs

Average management tenure


CEO

Andrew Peti

1.58yrs

Tenure

AU$399,994

Compensation

Mr. Andrew Peti serves as the Chief Executive Officer of New Zealand Coastal Seafoods Limited since July 13, 2020, served as its Interim Chief Executive Officer since March 3, 2020 until July 2020 and serv...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD300.23K) is about average for companies of similar size in the Australian market ($USD301.38K).

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


Leadership Team

Experienced Management: NZS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: NZS's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

New Zealand Coastal Seafoods Limited's employee growth, exchange listings and data sources


Key Information

  • Name: New Zealand Coastal Seafoods Limited
  • Ticker: NZS
  • Exchange: ASX
  • Founded: 2016
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$9.097m
  • Shares outstanding: 827.01m
  • Website: https://nzcs.co

Location

  • New Zealand Coastal Seafoods Limited
  • 145 Stirling Highway
  • Suite 5 CPC
  • Nedlands
  • Western Australia
  • 6009
  • Australia

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 16:31
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.