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CAE

Cannindah ResourcesASX:CAE Stock Report

Market Cap

AU$96.0m

7D

23.3%

1Y

670.8%

Updated

15 Oct, 2021

Data

Company Financials
CAE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

CAE Overview

Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Cannindah Resources
Historical stock prices
Current Share PriceAU$0.18
52 Week HighAU$0.022
52 Week LowAU$0.19
Beta-0.058
1 Month Change86.87%
3 Month Change208.33%
1 Year Change670.83%
3 Year Change516.67%
5 Year Change1,323.08%
Change since IPO-98.97%

Recent News & Updates

Shareholder Returns

CAEAU Metals and MiningAU Market
7D23.3%4.3%0.9%
1Y670.8%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

Is CAE's price volatile compared to industry and market?
CAE volatility
CAE Beta-0.058
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2004n/aTom Picketthttps://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

How do Cannindah Resources's earnings and revenue compare to its market cap?
CAE fundamental statistics
Market CapAU$95.99m
Earnings (TTM)AU$4.11m
Revenue (TTM)n/a

23.4x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CAE income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Expenses-AU$4.11m
EarningsAU$4.11m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0079
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did CAE perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:45
End of Day Share Price2021/10/15 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.