Cokal Limited engages in the identification and development of coal in Indonesia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.17|
|52 Week High||AU$0.057|
|52 Week Low||AU$0.20|
|1 Month Change||12.90%|
|3 Month Change||75.00%|
|1 Year Change||186.89%|
|3 Year Change||372.97%|
|5 Year Change||212.50%|
|Change since IPO||-69.30%|
Recent News & Updates
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...
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...
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...
|CKA||AU Metals and Mining||AU Market|
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.
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
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
|CKA fundamental statistics|
Is CKA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CKA income statement (TTM)|
|Cost of Revenue||US$931.63k|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0029|
|Net Profit Margin||-79,458.63%|
How did CKA perform over the long term?See historical performance and comparison
Is Cokal undervalued compared to its fair value and its price relative to the market?
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).
How is Cokal forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Cokal performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Coleman (75 yo)
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.
Experienced Management: CKA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: CKA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cokal Limited's employee growth, exchange listings and data sources
- 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
- Cokal Limited
- 56 Pitt Street
- Level 5
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 07:01|
|End of Day Share Price||2021/10/26 00:00|
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.