| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CAE Overview
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral projects in Australia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.18 |
| 52 Week High | AU$0.022 |
| 52 Week Low | AU$0.19 |
| Beta | -0.058 |
| 1 Month Change | 86.87% |
| 3 Month Change | 208.33% |
| 1 Year Change | 670.83% |
| 3 Year Change | 516.67% |
| 5 Year Change | 1,323.08% |
| Change since IPO | -98.97% |
Recent News & Updates
Shareholder Returns
| CAE | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 23.3% | 4.3% | 0.9% |
| 1Y | 670.8% | 12.2% | 20.2% |
Return vs Industry: CAE exceeded the Australian Metals and Mining industry which returned 10.1% over the past year.
Return vs Market: CAE exceeded the Australian Market which returned 19.3% over the past year.
Price Volatility
| CAE volatility | |
|---|---|
| CAE Beta | -0.058 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: CAE is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: CAE's weekly volatility has decreased from 32% to 12% over the past year, but is still higher than 75% of Australian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | n/a | Tom Pickett | https://www.cannindah.com.au |
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral projects in Australia. The company explores for gold and copper deposits. Its flagship project is the Mount Cannindah project located in Queensland.
Cannindah Resources Fundamentals Summary
| CAE fundamental statistics | |
|---|---|
| Market Cap | AU$95.99m |
| Earnings (TTM) | AU$4.11m |
| Revenue (TTM) | n/a |
23.4x
P/E Ratio0x
P/S RatioIs CAE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAE income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Expenses | -AU$4.11m |
| Earnings | AU$4.11m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0079 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0.0% |
How did CAE perform over the long term?
See historical performance and comparisonValuation
Is Cannindah Resources undervalued compared to its fair value and its price relative to the market?
23.36x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CAE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CAE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CAE is poor value based on its PE Ratio (23.4x) compared to the Australian Metals and Mining industry average (14.5x).
PE vs Market: CAE is poor value based on its PE Ratio (23.4x) compared to the Australian market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAE is overvalued based on its PB Ratio (12.2x) compared to the AU Metals and Mining industry average (2.5x).
Future Growth
How is Cannindah Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.2%
Forecasted Materials 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 Cannindah Resources 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 Cannindah Resources performed over the past 5 years?
21.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAE has a high level of non-cash earnings.
Growing Profit Margin: CAE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CAE has become profitable over the past 5 years, growing earnings by 21.3% per year.
Accelerating Growth: CAE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CAE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: Whilst CAE's Return on Equity (52.46%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Cannindah Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CAE's short term assets (A$1.4M) exceed its short term liabilities (A$613.9K).
Long Term Liabilities: CAE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAE is debt free.
Reducing Debt: CAE has no debt compared to 5 years ago when its debt to equity ratio was 83%.
Debt Coverage: CAE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Cannindah Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAE'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 CAE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAE'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 CAE'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?
5.3yrs
Average board tenure
CEO
Tom Pickett (48 yo)
no data
Tenure
AU$309,193
Compensation
Mr. Thomas Jon Pickett, also known as Tom, LLB, Grad Cert App Fin, has been a Non-Executive Director of Silver City Minerals Limited since February 28, 2019. He serves as Chief Executive Officer at Cannind...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD229.29K) is about average for companies of similar size in the Australian market ($USD300.24K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: CAE's board of directors are considered experienced (5.3 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 substantially diluted in the past year, with total shares outstanding growing by 114.8%.
Top Shareholders
Company Information
Cannindah Resources Limited's employee growth, exchange listings and data sources
Key Information
- Name: Cannindah Resources Limited
- Ticker: CAE
- Exchange: ASX
- Founded: 2004
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$95.993m
- Shares outstanding: 518.88m
- Website: https://www.cannindah.com.au
Location
- Cannindah Resources Limited
- 50 Marine Parade
- Level 3
- Southport
- Queensland
- 4215
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/15 15:45 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.