Cullen Resources Limited, together with its subsidiaries, engages in the mineral exploration activities in Western Australia and Finland. More Details
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Cullen Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CUL's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: CUL exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: CUL exceeded the Australian Market which returned -5.4% over the past year.
Price Volatility Vs. Market
How volatile is Cullen Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's What We Learned About The CEO Pay At Cullen Resources Limited (ASX:CUL)
4 months ago | Simply Wall StEasy Come, Easy Go: How Cullen Resources (ASX:CUL) Shareholders Got Unlucky And Saw 89% Of Their Cash Evaporate
5 months ago | Simply Wall StIs Cullen Resources Limited's (ASX:CUL) CEO Overpaid Relative To Its Peers?
Is Cullen Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CUL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CUL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CUL is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: CUL 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 CUL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CUL is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.7x).
How is Cullen Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Cullen Resources 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.
- Examine Cullen Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Cullen Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Cullen Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CUL is currently unprofitable.
Growing Profit Margin: CUL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CUL is unprofitable, but has reduced losses over the past 5 years at a rate of 4.8% per year.
Accelerating Growth: Unable to compare CUL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CUL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (22.2%).
Return on Equity
High ROE: CUL has a negative Return on Equity (-15.73%), as it is currently unprofitable.
How is Cullen Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CUL's short term assets (A$311.1K) exceed its short term liabilities (A$162.8K).
Long Term Liabilities: CUL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CUL is debt free.
Reducing Debt: CUL has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CUL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CUL has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.9% each year.
What is Cullen Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CUL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CUL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CUL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CUL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CUL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Dr. Chris Ringrose, BSc, PhD, MBA, MAIMM, MAICD, has been Managing Director of Cullen Resources Limited since November 3, 2006 and has been its Executive Director since June 19, 2003. Dr. Ringrose served a ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD146.45K) is below average for companies of similar size in the Australian market ($USD274.65K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|MD & Director||13.92yrs||AU$205.76k||1.29% |
|Company Secretary & Independent Non-Executive Director||22.92yrs||AU$45.40k||3.66% |
|Independent Non-Executive Chairman||2.92yrs||AU$25.55k||3.9% |
Experienced Board: CUL's board of directors are seasoned and experienced ( 17.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CUL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 77%.
Cullen Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: Cullen Resources Limited
- Ticker: CUL
- Exchange: ASX
- Founded: 1982
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$8.398m
- Shares outstanding: 299.92m
- Website: https://cullenresources.com.au
Number of Employees
- Cullen Resources Limited
- 7 Hardy Street
- Unit 4
- South Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CUL||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
|CZA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|CUL||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Jan 1992|
Cullen Resources Limited, together with its subsidiaries, engages in the mineral exploration activities in Western Australia and Finland. It primarily explores for gold, nickel, copper, iron ore, and lithi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 10:36|
|End of Day Share Price||2020/10/22 00:00|
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.