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CRN

Coronado Global Resources ASX:CRN Stock Report

Last Price

AU$1.75

Market Cap

AU$2.9b

7D

2.6%

1Y

69.4%

Updated

16 Aug, 2022

Data

Company Financials +
CRN fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

CRN Stock Overview

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

Coronado Global Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coronado Global Resources
Historical stock prices
Current Share PriceAU$1.75
52 Week HighAU$2.49
52 Week LowAU$0.92
Beta0.97
1 Month Change4.49%
3 Month Change-25.11%
1 Year Change69.42%
3 Year Change-43.34%
5 Year Changen/a
Change since IPO-51.53%

Recent News & Updates

Jul 31
Coronado Global Resources (ASX:CRN) Seems To Use Debt Quite Sensibly

Coronado Global Resources (ASX:CRN) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

CRNAU Metals and MiningAU Market
7D2.6%1.3%0.7%
1Y69.4%-11.3%-6.5%

Return vs Industry: CRN exceeded the Australian Metals and Mining industry which returned -11.3% over the past year.

Return vs Market: CRN exceeded the Australian Market which returned -6.5% over the past year.

Price Volatility

Is CRN's price volatile compared to industry and market?
CRN volatility
CRN Average Weekly Movement9.2%
Metals and Mining Industry Average Movement12.4%
Market Average Movement10.6%
10% most volatile stocks in AU Market17.9%
10% least volatile stocks in AU Market4.6%

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
20111,577Gerry Spindlerhttps://coronadoglobal.com

Coronado Global Resources Inc., together with its subsidiaries, produces, markets, and exports metallurgical coal. The company owns a portfolio of operating mines and development projects in Queensland, Australia; and Virginia, West Virginia, and Pennsylvania in the United States. It also holds interest in the Buchanan, Logan, Greenbrier, Mon Valley, and Russell County mining properties located in the Central Appalachian region of the United States.

Coronado Global Resources Fundamentals Summary

How do Coronado Global Resources's earnings and revenue compare to its market cap?
CRN fundamental statistics
Market CapUS$2.06b
Earnings (TTM)US$847.37m
Revenue (TTM)US$3.33b

2.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRN income statement (TTM)
RevenueUS$3.33b
Cost of RevenueUS$1.73b
Gross ProfitUS$1.60b
Other ExpensesUS$755.50m
EarningsUS$847.37m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin48.16%
Net Profit Margin25.46%
Debt/Equity Ratio25.2%

How did CRN perform over the long term?

See historical performance and comparison

Dividends

0.08%

Current Dividend Yield

3%

Payout Ratio

Does CRN pay a reliable dividends?

See CRN dividend history and benchmarks
When do you need to buy CRN by to receive an upcoming dividend?
Coronado Global Resources dividend dates
Ex Dividend DateAug 29 2022
Dividend Pay DateSep 20 2022
Days until Ex dividend12 days
Days until Dividend pay date34 days

Does CRN pay a reliable dividends?

See CRN dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is CRN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRN?

Other financial metrics that can be useful for relative valuation.

CRN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA1.4x
PEG Ratio-0.03x

Price to Earnings Ratio vs Peers

How does CRN's PE Ratio compare to its peers?

CRN PE Ratio vs Peers
The above table shows the PE ratio for CRN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.4x
SGM Sims
6.7x-28.6%AU$2.9b
CIA Champion Iron
7.2x3.0%AU$2.7b
DRR Deterra Royalties
21x-13.0%AU$2.4b
BSL BlueScope Steel
2.7x-37.1%AU$7.6b
CRN Coronado Global Resources
2.4x-69.6%AU$2.9b

Price-To-Earnings vs Peers: CRN is good value based on its Price-To-Earnings Ratio (2.4x) compared to the peer average (9.4x).


Price to Earnings Ratio vs Industry

How does CRN's PE Ratio compare vs other companies in the AU Metals and Mining Industry?

Price-To-Earnings vs Industry: CRN is good value based on its Price-To-Earnings Ratio (2.4x) compared to the Australian Metals and Mining industry average (10.7x)


Price to Earnings Ratio vs Fair Ratio

What is CRN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.4x
Fair PE Ratio2.8x

Price-To-Earnings vs Fair Ratio: CRN is good value based on its Price-To-Earnings Ratio (2.4x) compared to the estimated Fair Price-To-Earnings Ratio (2.8x).


Share Price vs Fair Value

What is the Fair Price of CRN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CRN (A$1.75) is trading below our estimate of fair value (A$6.35)

Significantly Below Fair Value: CRN is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Coronado Global Resources forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-69.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRN's earnings are forecast to decline over the next 3 years (-69.6% per year).

Earnings vs Market: CRN's earnings are forecast to decline over the next 3 years (-69.6% per year).

High Growth Earnings: CRN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CRN's revenue is expected to decline over the next 3 years (-15% per year).

High Growth Revenue: CRN's revenue is forecast to decline over the next 3 years (-15% 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 (14%).


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Past Performance

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

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CRN has high quality earnings.

Growing Profit Margin: CRN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CRN's earnings have grown by 9.2% per year over the past 5 years.

Accelerating Growth: CRN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CRN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.3%).


Return on Equity

High ROE: CRN's Return on Equity (67.4%) is considered outstanding.


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Financial Health

How is Coronado Global Resources's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CRN's short term assets ($1.2B) exceed its short term liabilities ($595.8M).

Long Term Liabilities: CRN's short term assets ($1.2B) exceed its long term liabilities ($907.3M).


Debt to Equity History and Analysis

Debt Level: CRN has more cash than its total debt.

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 well covered by operating cash flow (285.9%).

Interest Coverage: CRN's interest payments on its debt are well covered by EBIT (15.9x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.08%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 16 2022Ex Dividend DateAug 29 2022Dividend Pay DateSep 20 202222 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CRN's dividend (0.08%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.59%).

High Dividend: CRN's dividend (0.08%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).


Stability and Growth of Payments

Stable Dividend: CRN is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.

Growing Dividend: CRN is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Gerry Spindler (74 yo)

4yrs

Tenure

US$3,197,717

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 ($USD3.20M) is above average for companies of similar size in the Australian market ($USD1.50M).

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 ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: CRN's board of directors are considered experienced (3.9 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 not been meaningfully diluted in the past year.


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
  • Implied Market Cap: AU$2.925b
  • Shares outstanding: 1.68b
  • Website: https://coronadoglobal.com

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 Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.