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CKA

CokalASX:CKA Stock Report

Market Cap

AU$164.0m

7D

-10.3%

1Y

186.9%

Updated

26 Oct, 2021

Data

Company Financials
CKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CKA Overview

Cokal Limited engages in the identification and development of coal in Indonesia.

Price History & Performance

Summary of all time highs, changes and price drops for Cokal
Historical stock prices
Current Share PriceAU$0.17
52 Week HighAU$0.057
52 Week LowAU$0.20
Beta1.65
1 Month Change12.90%
3 Month Change75.00%
1 Year Change186.89%
3 Year Change372.97%
5 Year Change212.50%
Change since IPO-69.30%

Recent News & Updates

Mar 17
Cokal (ASX:CKA) Is Making Moderate Use Of Debt

Cokal (ASX:CKA) Is Making Moderate Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Jan 17
How Is Cokal's (ASX:CKA) CEO Compensated?

How Is Cokal's (ASX:CKA) CEO Compensated?

Jim Coleman has been the CEO of Cokal Limited ( ASX:CKA ) since 2018, and this article will examine the executive's...

Nov 25
Cokal (ASX:CKA) Is Carrying A Fair Bit Of Debt

Cokal (ASX:CKA) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

CKAAU Metals and MiningAU Market
7D-10.3%-0.4%0.8%
1Y186.9%15.6%24.4%

Return vs Industry: CKA exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: CKA exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is CKA's price volatile compared to industry and market?
CKA volatility
CKA Beta1.65
Industry Beta0.97
Market Beta1

Stable Share Price: CKA is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: CKA's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1998n/aJim Colemanhttps://www.cokal.com.au

Cokal Limited engages in the identification and development of coal in Indonesia. Its flagship property is its 60% owned Bumi Barito Mineral project, a metallurgical coal project that covers an area of 14,980 ha located in Kalimantan, Indonesia. Cokal Limited was incorporated in 1998 and is based in Sydney, Australia.

Cokal Fundamentals Summary

How do Cokal's earnings and revenue compare to its market cap?
CKA fundamental statistics
Market CapUS$122.93m
Earnings (TTM)-US$2.70m
Revenue (TTM)US$3.39k

0x

P/S Ratio

-45.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CKA income statement (TTM)
RevenueUS$3.39k
Cost of RevenueUS$931.63k
Gross Profit-US$928.24k
ExpensesUS$1.77m
Earnings-US$2.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0029
Gross Margin-27,349.32%
Net Profit Margin-79,458.63%
Debt/Equity Ratio59.2%

How did CKA perform over the long term?

See historical performance and comparison

Valuation

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

18.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CKA is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

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


Price to Book Ratio

PB vs Industry: CKA is overvalued based on its PB Ratio (18.9x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Cokal 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 Cokal performed over the past 5 years?

60.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CKA is currently unprofitable.

Growing Profit Margin: CKA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CKA is unprofitable, but has reduced losses over the past 5 years at a rate of 60.6% per year.

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

Earnings vs Industry: CKA is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: CKA has a negative Return on Equity (-41.42%), as it is currently unprofitable.


Financial Health

How is Cokal's financial position?


Financial Position Analysis

Short Term Liabilities: CKA's short term assets ($491.8K) do not cover its short term liabilities ($19.9M).

Long Term Liabilities: CKA's short term assets ($491.8K) exceed its long term liabilities ($38.0K).


Debt to Equity History and Analysis

Debt Level: CKA's debt to equity ratio (59.2%) is considered high.

Reducing Debt: CKA's debt to equity ratio has reduced from 69.5% to 59.2% 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: CKA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CKA has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.9% each year.


Dividend

What is Cokal current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CKA'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 CKA'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

Jim Coleman (75 yo)

3.25yrs

Tenure

US$84,832

Compensation

Mr. James Coleman, also known as Jim, B. Eng (Hons, Mining), FAusIMM, has been the Chief Executive Officer of Cokal Limited since July 27, 2018. Mr. Coleman served as Project Development Manager at Riversd...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD84.83K) is below average for companies of similar size in the Australian market ($USD301.38K).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

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


Board Members

Experienced Board: CKA's board of directors are not considered experienced ( 2.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cokal Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cokal Limited
  • Ticker: CKA
  • Exchange: ASX
  • Founded: 1998
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$163.989m
  • Shares outstanding: 937.08m
  • Website: https://www.cokal.com.au

Location

  • Cokal Limited
  • 56 Pitt Street
  • Level 5
  • Sydney
  • New South Wales
  • 2000
  • 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 07:01
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.