ASX:CCX

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City Chic Collective

Executive Summary

City Chic Collective Limited operates as a retailer of women’s apparel, footwear, and accessories in Australia, New Zealand, the United States, the United Kingdom, and rest of Europe. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has City Chic Collective's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CCX is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CCX's weekly volatility has decreased from 12% to 6% over the past year.


Market Performance


7 Day Return

2.2%

CCX

1.4%

AU Specialty Retail

1.3%

AU Market


1 Year Return

2.2%

CCX

17.6%

AU Specialty Retail

-1.0%

AU Market

Return vs Industry: CCX underperformed the Australian Specialty Retail industry which returned 17.6% over the past year.

Return vs Market: CCX exceeded the Australian Market which returned -1% over the past year.


Shareholder returns

CCXIndustryMarket
7 Day2.2%1.4%1.3%
30 Day2.5%-3.0%6.0%
90 Day-13.6%6.0%6.8%
1 Year2.2%2.2%21.6%17.6%2.4%-1.0%
3 Year1,425.3%1,361.5%81.5%59.2%22.9%7.6%
5 Year331.1%313.0%82.6%45.2%55.7%24.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is City Chic Collective undervalued compared to its fair value and its price relative to the market?

59.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CCX (A$2.85) is trading above our estimate of fair value (A$2.28)

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


Price To Earnings Ratio

PE vs Industry: CCX is poor value based on its PE Ratio (59.8x) compared to the AU Specialty Retail industry average (18x).

PE vs Market: CCX is poor value based on its PE Ratio (59.8x) compared to the Australian market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: CCX is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: CCX is overvalued based on its PB Ratio (10.2x) compared to the AU Specialty Retail industry average (2.6x).


Next Steps

Future Growth

How is City Chic Collective forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

38.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CCX's forecast earnings growth (38.4% per year) is above the savings rate (2.3%).

Earnings vs Market: CCX's earnings (38.4% per year) are forecast to grow faster than the Australian market (17.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CCX's revenue (13% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: CCX's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CCX's Return on Equity is forecast to be low in 3 years time (15.9%).


Next Steps

Past Performance

How has City Chic Collective performed over the past 5 years?

54.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CCX has high quality earnings.

Growing Profit Margin: CCX's current net profit margins (4.7%) are lower than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: CCX has become profitable over the past 5 years, growing earnings by 54.8% per year.

Accelerating Growth: CCX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CCX had negative earnings growth (-35.8%) over the past year, making it difficult to compare to the Specialty Retail industry average (-0.04%).


Return on Equity

High ROE: CCX's Return on Equity (17%) is considered low.


Next Steps

Financial Health

How is City Chic Collective's financial position?


Financial Position Analysis

Short Term Liabilities: CCX's short term assets (A$66.8M) exceed its short term liabilities (A$55.7M).

Long Term Liabilities: CCX's short term assets (A$66.8M) exceed its long term liabilities (A$36.3M).


Debt to Equity History and Analysis

Debt Level: CCX's debt to equity ratio (32.5%) is considered satisfactory.

Reducing Debt: CCX's debt to equity ratio has reduced from 42.8% to 32.5% over the past 5 years.

Debt Coverage: CCX's debt is well covered by operating cash flow (150.3%).

Interest Coverage: CCX's interest payments on its debt are well covered by EBIT (44.2x coverage).


Balance Sheet


Next Steps

Dividend

What is City Chic Collective current dividend yield, its reliability and sustainability?

1.43%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CCX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CCX is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CCX'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?

1.8yrs

Average management tenure


CEO

Phil Ryan

2.08yrs

Tenure

AU$1,823,479

Compensation

Mr. Philip Ryan, also known as Phil, MBA, B.Bus, serves as the Chief Executive Officer at City Chic Collective Ltd. (Also known as Specialty Fashion Group Limited) since October 1, 2018 and its Managing Di...


CEO Compensation Analysis

Compensation vs Market: Phil's total compensation ($USD1.33M) is above average for companies of similar size in the Australian market ($USD694.70K).

Compensation vs Earnings: Phil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Philip Ryan
CEO, MD & Director2.08yrsAU$1.82m0.052%
A$ 349.7k
Munraj Dhaliwal
Chief Financial Officer1.75yrsAU$733.41k0.034%
A$ 225.6k
Marta Kielich
General Counsel & Company Secretary0.33yrno datano data
Sonia Moura
General Manager of People & Cultureno dataAU$405.24kno data

1.8yrs

Average Tenure

Experienced Management: CCX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Philip Ryan
CEO, MD & Director2.08yrsAU$1.82m0.052%
A$ 349.7k
Michael Graham Kay
Independent Non-Executive Chairman2yrsAU$164.91k0.26%
A$ 1.7m
Michael Hardwick
Independent Non-Executive Director8.5yrsAU$77.39k0.25%
A$ 1.7m
Megan Quinn
Independent Non-Executive Director8.08yrsAU$77.39kno data

5.0yrs

Average Tenure

Experienced Board: CCX's board of directors are considered experienced (5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CCX 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 diluted in the past year, with total shares outstanding growing by 18.8%.


Top Shareholders

Company Information

City Chic Collective Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: City Chic Collective Limited
  • Ticker: CCX
  • Exchange: ASX
  • Founded: 1993
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: AU$669.295m
  • Shares outstanding: 237.34m
  • Website: https://www.citychiccollective.com.au

Number of Employees


Location

  • City Chic Collective Limited
  • 151-163 Wyndham Street
  • Alexandria
  • New South Wales
  • 2015
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CCXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 1998
CCXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 1998

Biography

City Chic Collective Limited operates as a retailer of women’s apparel, footwear, and accessories in Australia, New Zealand, the United States, the United Kingdom, and rest of Europe. It offers its product...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 10:41
End of Day Share Price2020/11/24 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.