CSR

CSRASX:CSR Stock Report

Market Cap

AU$2.9b

7D

4.1%

1Y

42.4%

Updated

17 Sep, 2021

Data

Company Financials +
CSR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends3/6

CSR Overview

CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for residential and commercial constructions in Australia and New Zealand.

Share Price & News

How has CSR's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CSR's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.1%

CSR

3.5%

AU Basic Materials

0.8%

AU Market


1 Year Return

42.4%

CSR

62.3%

AU Basic Materials

28.0%

AU Market

Return vs Industry: CSR underperformed the Australian Basic Materials industry which returned 62.3% over the past year.

Return vs Market: CSR exceeded the Australian Market which returned 28% over the past year.


Shareholder returns

CSRIndustryMarket
7 Day4.1%3.5%0.8%
30 Day5.9%2.7%-0.3%
90 Day-2.5%9.9%1.5%
1 Year52.5%42.4%66.2%62.3%33.5%28.0%
3 Year80.7%52.3%69.7%56.3%37.1%20.3%
5 Year125.6%68.5%101.2%71.9%67.0%34.0%

Long-Term Price Volatility Vs. Market

How volatile is CSR's share price compared to the market and industry in the last 5 years?


Simply Wall St News

CSR Fundamentals Summary

How do CSR's earnings and revenue compare to its market cap?
CSR fundamental statistics
Market CapAU$2.85b
Earnings (TTM)AU$146.10m
Revenue (TTM)AU$2.12b

19.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSR income statement (TTM)
RevenueAU$2.12b
Cost of RevenueAU$1.52b
Gross ProfitAU$605.50m
ExpensesAU$459.40m
EarningsAU$146.10m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin28.53%
Net Profit Margin6.88%
Debt/Equity Ratio0%

How did CSR perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

76%

Payout Ratio

Valuation

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

19.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSR (A$5.88) is trading above our estimate of fair value (A$5.09)

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


Price To Earnings Ratio

PE vs Industry: CSR is good value based on its PE Ratio (19.5x) compared to the Australian Basic Materials industry average (27.2x).

PE vs Market: CSR is poor value based on its PE Ratio (19.5x) compared to the Australian market (18.7x).


Price to Earnings Growth Ratio

PEG Ratio: CSR is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: CSR's PB Ratio (2.6x) is in line with the AU Basic Materials industry average.


Future Growth

How is CSR forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSR's forecast earnings growth (7.2% per year) is above the savings rate (1.9%).

Earnings vs Market: CSR's earnings (7.2% per year) are forecast to grow slower than the Australian market (11.3% per year).

High Growth Earnings: CSR's earnings are forecast to grow, but not significantly.

Revenue vs Market: CSR's revenue (4.1% per year) is forecast to grow slower than the Australian market (5.2% per year).

High Growth Revenue: CSR's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CSR's Return on Equity is forecast to be low in 3 years time (17.3%).


Past Performance

How has CSR performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSR has high quality earnings.

Growing Profit Margin: CSR's current net profit margins (6.9%) are higher than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: CSR's earnings have declined by 7.4% per year over the past 5 years.

Accelerating Growth: CSR's earnings growth over the past year (16.6%) exceeds its 5-year average (-7.4% per year).

Earnings vs Industry: CSR earnings growth over the past year (16.6%) underperformed the Basic Materials industry 30.6%.


Return on Equity

High ROE: CSR's Return on Equity (13.2%) is considered low.


Financial Health

How is CSR's financial position?


Financial Position Analysis

Short Term Liabilities: CSR's short term assets (A$901.8M) exceed its short term liabilities (A$536.5M).

Long Term Liabilities: CSR's short term assets (A$901.8M) exceed its long term liabilities (A$482.5M).


Debt to Equity History and Analysis

Debt Level: CSR is debt free.

Reducing Debt: CSR has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.

Debt Coverage: CSR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CSR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

3.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CSR's dividend (3.91%) is higher than the bottom 25% of dividend payers in the Australian market (2.31%).

High Dividend: CSR's dividend (3.91%) is low compared to the top 25% of dividend payers in the Australian market (5.26%).


Stability and Growth of Payments

Stable Dividend: CSR's dividend payments have been volatile in the past 10 years.

Growing Dividend: CSR's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.4%), CSR's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CSR's dividends in 3 years are forecast to be covered by earnings (70% payout ratio).


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Julie Coates (58 yo)

2yrs

Tenure

AU$2,380,288

Compensation

Ms. Julie Ann Coates, BA, DipEd (Melb), has been the Chief Executive Officer, Managing Director and Executive Director of CSR Limited since September 2, 2019. Ms. Coates has been Managing Director at Goodm...


CEO Compensation Analysis

Compensation vs Market: Julie's total compensation ($USD1.73M) is above average for companies of similar size in the Australian market ($USD1.29M).

Compensation vs Earnings: Julie's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CSR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: CSR's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CSR 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

CSR Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSR Limited
  • Ticker: CSR
  • Exchange: ASX
  • Founded: 1855
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: AU$2.854b
  • Shares outstanding: 485.38m
  • Website: https://www.csr.com.au

Number of Employees


Location

  • CSR Limited
  • Triniti 3
  • Level 5
  • North Ryde
  • New South Wales
  • 2113
  • Australia

Listings


Biography

CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for residential and commercial constructions in Australia and New Zealand. It operates through Buildi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 15:32
End of Day Share Price2021/09/17 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.