Loading...

Chant West Holdings

ASX:CWL
Snowflake Description

Flawless balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CWL
ASX
A$8M
Market Cap
  1. Home
  2. AU
  3. Software
Company description

Chant West Holdings Limited, together with its subsidiaries, provides research, consulting, and software services to superannuation and financial planning industries in Australia. The last earnings update was 107 days ago. More info.


Add to Portfolio Compare Print
CWL Share Price and Events
7 Day Returns
1.6%
ASX:CWL
0.7%
AU Software
1.5%
AU Market
1 Year Returns
40%
ASX:CWL
27%
AU Software
5.1%
AU Market
CWL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chant West Holdings (CWL) 1.6% 5% 8.6% 40% -65% -
AU Software 0.7% 4.8% 8.7% 27% 98.7% 110.6%
AU Market 1.5% 4% 5.5% 5.1% 24.8% 12%
1 Year Return vs Industry and Market
  • CWL outperformed the Software industry which returned 27% over the past year.
  • CWL outperformed the Market in Australia which returned 5.1% over the past year.
Price Volatility
CWL
Industry
5yr Volatility vs Market

CWL Value

 Is Chant West Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chant West Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chant West Holdings.

ASX:CWL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year AU Government Bond Rate 2.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ASX:CWL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AU Govt Bond Rate 2.3%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.136 (1 + (1- 30%) (0%))
1.091
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.31% + (1.091 * 5.96%)
8.82%

Discounted Cash Flow Calculation for ASX:CWL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Chant West Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ASX:CWL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 8.82%)
2019 0.21 Est @ 75.18% 0.19
2020 0.32 Est @ 53.32% 0.27
2021 0.44 Est @ 38.02% 0.35
2022 0.57 Est @ 27.3% 0.40
2023 0.68 Est @ 19.81% 0.44
2024 0.78 Est @ 14.56% 0.47
2025 0.86 Est @ 10.88% 0.48
2026 0.93 Est @ 8.31% 0.47
2027 0.99 Est @ 6.51% 0.46
2028 1.05 Est @ 5.25% 0.45
Present value of next 10 years cash flows A$3.99
ASX:CWL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= A$1.05 × (1 + 2.31%) ÷ (8.82% – 2.31%)
A$16.46
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$16.46 ÷ (1 + 8.82%)10
A$7.07
ASX:CWL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$3.99 + A$7.07
A$11.06
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$11.06 / 123.92
A$0.09
ASX:CWL Discount to Share Price
Calculation Result
Value per share (AUD) From above. A$0.09
Current discount Discount to share price of A$0.06
= -1 x (A$0.06 - A$0.09) / A$0.09
29.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Chant West Holdings is available for.
Intrinsic value
29%
Share price is A$0.063 vs Future cash flow value of A$0.08926
Current Discount Checks
For Chant West Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chant West Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Chant West Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chant West Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chant West Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CWL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:CWL Share Price ** ASX (2019-06-13) in AUD A$0.06
Australia Software Industry PE Ratio Median Figure of 19 Publicly-Listed Software Companies 36.72x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.04x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chant West Holdings.

ASX:CWL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CWL Share Price ÷ EPS (both in AUD)

= 0.06 ÷ -0.02

-4.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chant West Holdings is loss making, we can't compare its value to the AU Software industry average.
  • Chant West Holdings is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Chant West Holdings's expected growth come at a high price?
Raw Data
ASX:CWL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Software Industry PEG Ratio Median Figure of 13 Publicly-Listed Software Companies 2.56x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.4x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chant West Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chant West Holdings's assets?
Raw Data
ASX:CWL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.07
ASX:CWL Share Price * ASX (2019-06-13) in AUD A$0.06
Australia Software Industry PB Ratio Median Figure of 101 Publicly-Listed Software Companies 3.36x
Australia Market PB Ratio Median Figure of 1,687 Publicly-Listed Companies 1.65x
ASX:CWL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CWL Share Price ÷ Book Value per Share (both in AUD)

= 0.06 ÷ 0.07

0.94x

* Primary Listing of Chant West Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chant West Holdings is good value based on assets compared to the AU Software industry average.
X
Value checks
We assess Chant West Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Chant West Holdings has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CWL Future Performance

 How is Chant West Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Chant West Holdings 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chant West Holdings expected to grow at an attractive rate?
  • Unable to compare Chant West Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Chant West Holdings's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Chant West Holdings's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CWL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Software Industry Earnings Growth Rate Market Cap Weighted Average 31.1%
Australia Software Industry Revenue Growth Rate Market Cap Weighted Average 18.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 7.1%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CWL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CWL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 8 2 -2
2018-09-30 9 2 -2
2018-06-30 9 1 -2
2018-03-31 9 1 -2
2017-12-31 9 1 -2
2017-09-30 9 1 -3
2017-06-30 9 1 -4
2017-03-31 9 0 -3
2016-12-31 8 0 -2
2016-09-30 7 -1 -2
2016-06-30 7 -2 -1
2016-03-31 5 -2 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Chant West Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Chant West Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CWL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chant West Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CWL Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.03
2017-06-30 -0.04
2017-03-31 -0.03
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02
2016-03-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chant West Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Chant West Holdings'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.
  2. Chant West Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Chant West Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Chant West Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chant West Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CWL Past Performance

  How has Chant West Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chant West Holdings's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chant West Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chant West Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chant West Holdings's 1-year growth to the AU Software industry average as it is not currently profitable.
Earnings and Revenue History
Chant West Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chant West Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CWL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 8.42 -1.90 2.81
2018-09-30 8.71 -1.78 2.92
2018-06-30 9.00 -1.66 3.04
2018-03-31 9.10 -1.92 3.06
2017-12-31 9.20 -2.17 3.07
2017-09-30 8.97 -3.21 3.19
2017-06-30 8.74 -4.25 3.32
2017-03-31 8.53 -3.06 3.64
2016-12-31 8.32 -1.87 3.97
2016-09-30 7.43 -1.63 3.84
2016-06-30 6.55 -1.40 3.70
2016-03-31 5.05 -3.63 3.09
2015-12-31 3.56 -5.86 2.48
2015-09-30 3.18 -4.80 2.01
2015-06-30 2.80 -3.74 1.53
2014-06-30 2.31 0.05 1.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chant West Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Chant West Holdings has efficiently used its assets last year compared to the AU Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Chant West Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chant West Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chant West Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CWL Health

 How is Chant West Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chant West Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chant West Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chant West Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chant West Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Chant West Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chant West Holdings Company Filings, last reported 5 months ago.

ASX:CWL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8.32 0.00 3.34
2018-09-30 8.32 0.00 3.34
2018-06-30 8.43 0.00 2.48
2018-03-31 8.43 0.00 2.48
2017-12-31 10.08 0.00 1.95
2017-09-30 10.08 0.00 1.95
2017-06-30 8.43 0.00 1.26
2017-03-31 8.43 0.00 1.26
2016-12-31 10.66 0.00 1.13
2016-09-30 10.66 0.00 1.13
2016-06-30 12.68 0.00 3.58
2016-03-31 12.68 0.00 3.58
2015-12-31 12.16 0.00 4.71
2015-09-30 12.16 0.00 4.71
2015-06-30 1.61 0.00 2.38
2014-06-30 -0.72 0.35 0.05
  • Chant West Holdings has no debt.
  • Chant West Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Whilst loss making Chant West Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Chant West Holdings has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -87.7% per year.
X
Financial health checks
We assess Chant West Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chant West Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CWL Dividends

 What is Chant West Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chant West Holdings dividends.
If you bought A$2,000 of Chant West Holdings shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chant West Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chant West Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CWL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Software Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 1.2%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.1%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.7%
Australia Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chant West Holdings has not reported any payouts.
  • Unable to verify if Chant West Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chant West Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chant West Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chant West Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chant West Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chant West Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CWL Management

 What is the CEO of Chant West Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Chant West Holdings has no CEO, or we have no data on them.
Management Team
Board of Directors

Phillip Carter

TITLE
Non-Executive Chairman
COMPENSATION
A$73K
AGE
48
TENURE
1.3 yrs

Niall Charles Cairns

TITLE
Non-Executive Director
COMPENSATION
A$65K
AGE
54
TENURE
7.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess Chant West Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chant West Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CWL News

Simply Wall St News

If You Had Bought Chant West Holdings (ASX:CWL) Stock Three Years Ago, You'd Be Sitting On A 76% Loss, Today

While not a mind-blowing move, it is good to see that the Chant West Holdings Limited (ASX:CWL) share price has gained 15% in the last three months. … Chant West Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Over three years, Chant West Holdings grew revenue at 18% per year.

Simply Wall St -

Are Chant West Holdings Limited's (ASX:CWL) Interest Costs Too High?

Chant West Holdings Limited (ASX:CWL), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is CWL growing fast enough to value financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

Simply Wall St -

Do Insiders Own Shares In Chant West Holdings Limited (ASX:CWL)?

If you want to know who really controls Chant West Holdings Limited (ASX:CWL), then you'll have to look at the makeup of its share registry. … Chant West Holdings is a smaller company with a market capitalization of AU$7.4m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Chant West Holdings

Simply Wall St -

What Investors Should Know About Chant West Holdings Limited's (ASX:CWL) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Could Chant West Holdings Limited's (ASX:CWL) Investor Composition Impacts Your Returns?

I am going to take a deep dive into Chant West Holdings Limited’s (ASX:CWL) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Therefore, it is beneficial for us to examine CWL's ownership structure in more detail.

Simply Wall St -

How Financially Strong Is Chant West Holdings Limited (ASX:CWL)?

Chant West Holdings Limited (ASX:CWL), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … However, the trade-off is CWL will have to follow strict debt obligations which will reduce its financial flexibility. … Does CWL's growth rate justify its decision for financial flexibility over lower cost of capital

Simply Wall St -

Chant West Holdings Limited (ASX:CWL): The Return Story

Thus, to understand how your money can grow by investing in Chant West Holdings, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE). … To determine Chant West Holdings's capital return we will use ROCE, which tells us how much the company makes from the capital employed in their operations (for things like machinery, wages etc). … Chant West Holdings's relatively poor ROCE is tied to the movement in two factors that change over time: earnings and capital requirements.

Simply Wall St -

Breaking Down Chant West Holdings Limited's (ASX:CWL) Ownership Structure

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in CWL is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Does Chant West Holdings Limited's (ASX:CWL) -16.22% Earnings Drop Reflect A Longer Term Trend?

Check out our latest analysis for Chant West Holdings Was CWL's recent earnings decline worse than the long-term trend and the industry? … For Chant West Holdings, its latest earnings (trailing twelve month) is -AU$2.17M, which, relative to the previous year's figure, has become more negative. … ASX:CWL Income Statement Mar 14th 18 We can further examine Chant West Holdings's loss by looking at what the industry has been experiencing over the past few years.

Simply Wall St -

CWL Company Info

Description

Chant West Holdings Limited, together with its subsidiaries, provides research, consulting, and software services to superannuation and financial planning industries in Australia. The company offers superannuation research and consultancy services. Its research is integrated into proprietary software tools that help industry professionals to compare products and financial planners to advise their clients on superannuation matters. The company also configures and customizes XPLAN software, which includes creation of customized templates for fact finds, statements of advice, annual reviews, and business workflows; and offers e-learning management systems, which are cloud-based, interactive, and instructional guides to help advisers optimize their use of XPLAN and Enzumo’s advice technology products. It serves superannuation funds, institutional wealth managers, and financial planning dealer groups. The company was formerly known as Enzumo Limited and changed its name to Chant West Holdings Limited in December 2017. Chant West Holdings Limited is headquartered in Sydney, Australia.

Details
Name: Chant West Holdings Limited
CWL
Exchange: ASX
Founded:
A$7,807,199
123,923,798
Website: http://www.chantwestholdings.com
Address: Chant West Holdings Limited
45 Clarence Street,
Level 10,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CWL Ordinary Shares Australian Securities Exchange AU AUD 29. Dec 2009
DB 3GM Ordinary Shares Deutsche Boerse AG DE EUR 29. Dec 2009
CHIA CWL Ordinary Shares Chi-X Australia AU AUD 29. Dec 2009
Number of employees
Current staff
Staff numbers
0
Chant West Holdings employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 10:34
End of day share price update: 2019/06/13 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.