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CNJ

ConicoASX:CNJ Stock Report

Market Cap

AU$42.0m

7D

-2.3%

1Y

147.1%

Updated

17 Oct, 2021

Data

Company Financials
CNJ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CNJ Overview

Conico Limited engages in the exploration and development of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Conico
Historical stock prices
Current Share PriceAU$0.042
52 Week HighAU$0.016
52 Week LowAU$0.10
Beta0.86
1 Month Change-33.33%
3 Month Change16.67%
1 Year Change147.06%
3 Year Change61.54%
5 Year Change35.48%
Change since IPO-82.86%

Recent News & Updates

Shareholder Returns

CNJAU Metals and MiningAU Market
7D-2.3%4.3%0.9%
1Y147.1%12.2%20.2%

Return vs Industry: CNJ exceeded the Australian Metals and Mining industry which returned 12.2% over the past year.

Return vs Market: CNJ exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is CNJ's price volatile compared to industry and market?
CNJ volatility
CNJ Beta0.86
Industry Beta0.97
Market Beta1

Stable Share Price: CNJ is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 25% a week.

Volatility Over Time: CNJ's weekly volatility has increased from 18% to 25% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aTom Abraham-Jameshttps://www.conico.com.au

Conico Limited engages in the exploration and development of mineral properties. It primarily explores for gold, lead, zinc, cobalt, nickel, and manganese deposits, as well as magmatic sulphide. It holds a 100% interest in the Ryberg and Mestersvig Projects that covers an area of 4,521 square kilometers located in Greenland; and 50% interest in the Mt Thirsty project located to the northwest of Norseman, Western Australia.

Conico Fundamentals Summary

How do Conico's earnings and revenue compare to its market cap?
CNJ fundamental statistics
Market CapAU$42.01m
Earnings (TTM)-AU$995.14k
Revenue (TTM)AU$948.00

0x

P/S Ratio

-42.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CNJ income statement (TTM)
RevenueAU$948.00
Cost of RevenueAU$0
Gross ProfitAU$948.00
ExpensesAU$996.09k
Earnings-AU$995.14k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00099
Gross Margin100.00%
Net Profit Margin-104,972.57%
Debt/Equity Ratio0.0%

How did CNJ perform over the long term?

See historical performance and comparison

Valuation

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

1.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CNJ is good value based on its PB Ratio (1.6x) compared to the AU Metals and Mining industry average (2.5x).


Future Growth

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

-0.3%

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 Conico 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 Conico performed over the past 5 years?

-15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CNJ is currently unprofitable.

Growing Profit Margin: CNJ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CNJ is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.

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

Earnings vs Industry: CNJ 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: CNJ has a negative Return on Equity (-3.84%), as it is currently unprofitable.


Financial Health

How is Conico's financial position?


Financial Position Analysis

Short Term Liabilities: CNJ's short term assets (A$4.2M) exceed its short term liabilities (A$413.0K).

Long Term Liabilities: CNJ's short term assets (A$4.2M) exceed its long term liabilities (A$262.5K).


Debt to Equity History and Analysis

Debt Level: CNJ is debt free.

Reducing Debt: CNJ 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: CNJ has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CNJ has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 38.8% each year


Dividend

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


Dividend Yield vs Market

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

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

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

15.6yrs

Average board tenure


CEO

Tom Abraham-James

no data

Tenure

AU$226,585

Compensation

Mr. Thomas Harvey Abraham-James, also known as Tom, B.Sc. Geology (Hons), FAusIMM (CP), FSEG, FGSL, MAICD co-founded Longland Resources Ltd since 2017. Mr. Abraham-James serves as Chief Executive Officer a...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD168.18K) is below average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Insufficient data to compare Tom's compensation with company performance.


Board Members

Experienced Board: CNJ's board of directors are seasoned and experienced ( 15.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CNJ 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 70.1%.


Top Shareholders

Company Information

Conico Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Conico Ltd
  • Ticker: CNJ
  • Exchange: ASX
  • Founded: 2006
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$42.009m
  • Shares outstanding: 1.00b
  • Website: https://www.conico.com.au

Location

  • Conico Ltd
  • 197 St Georges Terrace
  • Level 15
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:04
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.