CVS

CervantesASX:CVS Stock Report

Market Cap

AU$12.4m

7D

0%

1Y

n/a

Updated

20 Oct, 2021

Data

Company Financials
CVS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CVS Overview

Cervantes Corporation Limited engages in the exploration and evaluation of mineral resource projects in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Cervantes
Historical stock prices
Current Share PriceAU$0.008
52 Week HighAU$0.006
52 Week LowAU$0.019
Beta0.077
1 Month Change-11.11%
3 Month Change0%
1 Year Changen/a
3 Year Change0%
5 Year Change0%
Change since IPO-95.79%

Recent News & Updates

Shareholder Returns

CVSAU Metals and MiningAU Market
7D0%3.6%1.7%
1Yn/a11.3%20.2%

Return vs Industry: Insufficient data to determine how CVS performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how CVS performed against the Australian Market.

Price Volatility

Is CVS's price volatile compared to industry and market?
CVS volatility
CVS Beta0.077
Industry Beta0.97
Market Beta1

Stable Share Price: CVS is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 21% a week.

Volatility Over Time: Insufficient data to determine CVS's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/an/ahttps://www.cervantescorp.com.au

Cervantes Corporation Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth.

Cervantes Fundamentals Summary

How do Cervantes's earnings and revenue compare to its market cap?
CVS fundamental statistics
Market CapAU$12.43m
Earnings (TTM)-AU$343.08k
Revenue (TTM)n/a

0x

P/S Ratio

-36.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVS income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$343.08k
Earnings-AU$343.08k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.00022
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio13.0%

How did CVS perform over the long term?

See historical performance and comparison

Valuation

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

3.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CVS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CVS's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: CVS is overvalued based on its PB Ratio (3.6x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Cervantes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.7%

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 Cervantes 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.


Past Performance

How has Cervantes performed over the past 5 years?

29.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CVS is currently unprofitable.

Growing Profit Margin: CVS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CVS is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.

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

Earnings vs Industry: CVS 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: CVS has a negative Return on Equity (-9.91%), as it is currently unprofitable.


Financial Health

How is Cervantes's financial position?


Financial Position Analysis

Short Term Liabilities: CVS's short term assets (A$2.1M) exceed its short term liabilities (A$489.6K).

Long Term Liabilities: CVS has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CVS's debt to equity ratio (13%) is considered satisfactory.

Reducing Debt: CVS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


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: CVS has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CVS has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 23.6% each year.


Dividend

What is Cervantes's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CVS'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 CVS'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?

0.4yrs

Average management tenure


CEO

Cervantes has no CEO, or we have no data on them.


Leadership Team

Experienced Management: CVS's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: CVS's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


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 substantially diluted in the past year, with total shares outstanding growing by 189.9%.


Top Shareholders

Company Information

Cervantes Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cervantes Corporation Limited
  • Ticker: CVS
  • Exchange: ASX
  • Founded: 2001
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$12.432m
  • Shares outstanding: 1.55b
  • Website: https://www.cervantescorp.com.au

Location

  • Cervantes Corporation Limited
  • Shop 11, South Shore Piazza
  • 85 The Esplanade
  • South Perth
  • Western Australia
  • 6151
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.