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CRN

Coronado Global ResourcesASX:CRN Stock Report

Market Cap

AU$2.3b

7D

-11.5%

1Y

70.3%

Updated

26 Oct, 2021

Data

Company Financials +
CRN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

CRN Overview

Coronado Global Resources Inc., together with its subsidiaries, produces, markets, and exports metallurgical coal.

Coronado Global Resources Competitors

BHP Group

ASX:BHP

AU$187.4b

Vale

BOVESPA:VALE3

R$387.9b

Teck Resources

TSX:TECK.B

CA$18.8b

South32

ASX:S32

AU$17.7b

Price History & Performance

Summary of all time highs, changes and price drops for Coronado Global Resources
Historical stock prices
Current Share PriceAU$1.35
52 Week HighAU$0.50
52 Week LowAU$1.68
Beta1.15
1 Month Change-3.58%
3 Month Change32.51%
1 Year Change70.25%
3 Year Change-60.56%
5 Year Changen/a
Change since IPO-62.64%

Recent News & Updates

Sep 11
Does Coronado Global Resources (ASX:CRN) Have A Healthy Balance Sheet?

Does Coronado Global Resources (ASX:CRN) Have A Healthy Balance Sheet?

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

Shareholder Returns

CRNAU Metals and MiningAU Market
7D-11.5%-0.4%0.8%
1Y70.3%15.6%24.4%

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

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

Price Volatility

Is CRN's price volatile compared to industry and market?
CRN volatility
CRN Beta1.15
Industry Beta0.97
Market Beta1

Stable Share Price: CRN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CRN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,492Gerry Spindlerhttps://coronadoglobal.com.au

Coronado Global Resources Inc., together with its subsidiaries, produces, markets, and exports metallurgical coal. It owns a portfolio of operating mines and development projects, including the Curragh mine complex located in the Bowen Basin of Australia; and the Buchanan, Logan, Greenbrier, Pangburn-Shaner-Fallowfield, Russell County, and Amonate mine complexes located in the Central Appalachian region of the United States. Coronado Global Resources Inc. was founded in 2011 and is headquartered in Brisbane, Australia.

Coronado Global Resources Fundamentals Summary

How do Coronado Global Resources's earnings and revenue compare to its market cap?
CRN fundamental statistics
Market CapUS$1.75b
Earnings (TTM)-US$199.33m
Revenue (TTM)US$1.55b

1.1x

P/S Ratio

-8.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRN income statement (TTM)
RevenueUS$1.55b
Cost of RevenueUS$1.28b
Gross ProfitUS$273.10m
ExpensesUS$472.43m
Earnings-US$199.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.12
Gross Margin17.63%
Net Profit Margin-12.87%
Debt/Equity Ratio45.5%

How did CRN perform over the long term?

See historical performance and comparison

Valuation

Is Coronado Global Resources undervalued compared to its fair value and its price relative to the market?

2.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CRN (A$1.35) is trading above our estimate of fair value (A$1.29)

Significantly Below Fair Value: CRN is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CRN is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Coronado Global Resources forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

26.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: CRN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CRN's is expected to become profitable in the next 3 years.

Revenue vs Market: CRN's revenue is expected to decline over the next 3 years (-0.8% per year).

High Growth Revenue: CRN's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CRN's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Coronado Global Resources performed over the past 5 years?

-41.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRN is currently unprofitable.

Growing Profit Margin: CRN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CRN is unprofitable, and losses have increased over the past 5 years at a rate of 41.9% per year.

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

Earnings vs Industry: CRN 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: CRN has a negative Return on Equity (-24.76%), as it is currently unprofitable.


Financial Health

How is Coronado Global Resources's financial position?


Financial Position Analysis

Short Term Liabilities: CRN's short term assets ($561.6M) exceed its short term liabilities ($417.6M).

Long Term Liabilities: CRN's short term assets ($561.6M) do not cover its long term liabilities ($933.7M).


Debt to Equity History and Analysis

Debt Level: CRN's debt to equity ratio (45.5%) is considered high.

Reducing Debt: Insufficient data to determine if CRN's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CRN's debt is not well covered by operating cash flow (16.8%).

Interest Coverage: Insufficient data to determine if CRN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Coronado Global Resources's current dividend yield, its reliability and sustainability?

5.26%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CRN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CRN is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CRN'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?

0.2yrs

Average management tenure


CEO

Gerry Spindler (73 yo)

3.17yrs

Tenure

US$1,804,330

Compensation

Mr. Garold R. Spindler, also known as Gerry, is Founder and Owner of Imagin Minerals. Mr. Spindler is Managing Director and Chief Executive Officer of Coronado Global Resources Inc. since August 13, 2018....


CEO Compensation Analysis

Compensation vs Market: Gerry's total compensation ($USD1.80M) is about average for companies of similar size in the Australian market ($USD1.40M).

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


Leadership Team

Experienced Management: CRN's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: CRN's board of directors are considered experienced (3.1 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 diluted in the past year, with total shares outstanding growing by 21.1%.


Top Shareholders

Company Information

Coronado Global Resources Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Coronado Global Resources Inc.
  • Ticker: CRN
  • Exchange: ASX
  • Founded: 2011
  • Industry: Steel
  • Sector: Materials
  • Market Cap: AU$2.339b
  • Shares outstanding: 1.68b
  • Website: https://coronadoglobal.com.au

Number of Employees


Location

  • Coronado Global Resources Inc.
  • Central Plaza One
  • Level 33
  • Brisbane
  • Queensland
  • 4000
  • 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 Earnings2020/12/31


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.