Executive Summary
CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for homes and commercial buildings in Australia and New Zealand. More Details
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Similar Companies
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
-0.5%
CSR
1.7%
AU Basic Materials
0.3%
AU Market
1 Year Return
36.3%
CSR
28.6%
AU Basic Materials
12.5%
AU Market
Return vs Industry: CSR exceeded the Australian Basic Materials industry which returned 24.7% over the past year.
Return vs Market: CSR exceeded the Australian Market which returned 9.7% over the past year.
Shareholder returns
| CSR | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 1.7% | 0.3% |
| 30 Day | 2.9% | 4.8% | 2.2% |
| 90 Day | 12.5% | 4.1% | 4.0% |
| 1 Year | 40.0%36.3% | 32.0%28.6% | 16.1%12.5% |
| 3 Year | 21.0%3.5% | 19.8%8.4% | 31.1%15.1% |
| 5 Year | 131.8%74.5% | 65.8%39.0% | 62.5%31.3% |
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
1 week ago | Simply Wall St
Zooming in on ASX:CSR's 3.2% Dividend Yield3 weeks ago | Simply Wall St
CSR Limited's (ASX:CSR) Stock Is Going Strong: Have Financials A Role To Play?1 month ago | Simply Wall St
Could The CSR Limited (ASX:CSR) Ownership Structure Tell Us Something Useful?Valuation
Is CSR undervalued compared to its fair value and its price relative to the market?
23.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CSR (A$5.6) is trading above our estimate of fair value (A$5.24)
Significantly Below Fair Value: CSR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CSR is poor value based on its PE Ratio (23.7x) compared to the AU Basic Materials industry average (23.5x).
PE vs Market: CSR is poor value based on its PE Ratio (23.7x) compared to the Australian market (20x).
Price to Earnings Growth Ratio
PEG Ratio: CSR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CSR is good value based on its PB Ratio (2.4x) compared to the AU Basic Materials industry average (2.9x).
Next Steps
Future Growth
How is CSR forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
-2.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSR's earnings are forecast to decline over the next 3 years (-2.1% per year).
Earnings vs Market: CSR's earnings are forecast to decline over the next 3 years (-2.1% per year).
High Growth Earnings: CSR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CSR's revenue (1.3% per year) is forecast to grow slower than the Australian market (5.5% per year).
High Growth Revenue: CSR's revenue (1.3% 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 (12.6%).
Next Steps
Past Performance
How has CSR performed over the past 5 years?
-5.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CSR has high quality earnings.
Growing Profit Margin: CSR's current net profit margins (5.4%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: CSR's earnings have declined by 5% per year over the past 5 years.
Accelerating Growth: CSR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CSR had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Basic Materials industry average (-6.4%).
Return on Equity
High ROE: CSR's Return on Equity (10.4%) is considered low.
Next Steps
Financial Health
How is CSR's financial position?
Financial Position Analysis
Short Term Liabilities: CSR's short term assets (A$832.4M) exceed its short term liabilities (A$456.9M).
Long Term Liabilities: CSR's short term assets (A$832.4M) exceed its long term liabilities (A$475.6M).
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 0.9%.
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
Next Steps
Dividend
What is CSR current dividend yield, its reliability and sustainability?
3.03%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CSR's dividend (3.04%) is higher than the bottom 25% of dividend payers in the Australian market (2.11%).
High Dividend: CSR's dividend (3.04%) is low compared to the top 25% of dividend payers in the Australian market (5.43%).
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: With its reasonably low payout ratio (36%), CSR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CSR's dividends in 3 years are forecast to be covered by earnings (68.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
Julie Coates (57 yo)
1.5yrs
Tenure
AU$1,488,659
Compensation
Ms. Julie Ann Coates, BA DipEd (Melb) has been the Chief Executive Officer, Managing Director and Executive Director of CSR Limited since September 2, 2019. Ms. Coates has been Managing Director at Goodman...
CEO Compensation Analysis
Compensation vs Market: Julie's total compensation ($USD1.16M) is about average for companies of similar size in the Australian market ($USD1.45M).
Compensation vs Earnings: Insufficient data to compare Julie's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 1.5yrs | AU$1.49m | 0.00024% A$ 6.5k | |
| Chief Financial Officer | 4.08yrs | AU$781.50k | 0.013% A$ 361.2k | |
| Executive General Manager of New Business | no data | AU$755.44k | no data | |
| General Manager of Investor Relations & Corporate Communications | no data | no data | no data | |
| Manager of Risk & Legal and Company Secretary | 0.67yr | no data | no data | |
| Human Resources Director | 1.17yrs | no data | no data | |
| Head of Health | 1.17yrs | no data | no data | |
| General Manager | no data | no data | no data | |
| Group Financial Controller | no data | no data | no data | |
| Executive General Manager Construction Systems | no data | no data | no data | |
| Chief Financial Officer of Rinker Group Limited | no data | AU$1.38m | no data | |
| Executive General Manager Logistics | 1.17yrs | no data | no data |
1.2yrs
Average Tenure
52yo
Average Age
Experienced Management: CSR's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Executive Director | 1.5yrs | AU$1.49m | 0.00024% A$ 6.5k | |
| Non-Executive Director | 0.25yr | no data | 0.012% A$ 336.0k | |
| Independent Non-Executive Director | 9.67yrs | AU$185.55k | 0.013% A$ 360.4k | |
| Independent Non-Executive Director | 7.58yrs | AU$185.55k | 0.016% A$ 422.9k | |
| Independent Non-Executive Chairman | 2.75yrs | AU$395.26k | 0.052% A$ 1.4m | |
| Independent Non-Executive Director | 5.33yrs | AU$185.55k | 0.011% A$ 287.0k | |
| Independent Non-Executive Director | 4.42yrs | AU$169.87k | 0.017% A$ 455.6k |
4.4yrs
Average Tenure
58yo
Average Age
Experienced Board: CSR's board of directors are considered experienced (4.4 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
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$2.718b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CSRL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | May 1983 |
| CSR | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 1983 |
| CSR | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | May 1983 |
| CSR | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | May 1983 |
Biography
CSR Limited, together with its subsidiaries, engages in the manufacture and supply of building products for homes and commercial buildings in Australia and New Zealand. It operates through Building Product...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 07:09 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.