ASX:CLT

Stock Analysis Report

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Executive Summary

Cellnet Group Limited engages in the distribution, warehousing, and logistics businesses primarily in Australia and New Zealand. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Cellnet Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CLT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-9.4%

CLT

1.3%

AU Electronic

-1.4%

AU Market


1 Year Return

-71.8%

CLT

48.8%

AU Electronic

-7.1%

AU Market

Return vs Industry: CLT underperformed the Australian Electronic industry which returned 48.8% over the past year.

Return vs Market: CLT underperformed the Australian Market which returned -7.1% over the past year.


Shareholder returns

CLTIndustryMarket
7 Day-9.4%1.3%-1.4%
30 Day20.0%11.9%3.4%
90 Day6.7%32.4%3.8%
1 Year-39.8%-71.8%52.7%48.8%-3.7%-7.1%
3 Year-58.0%-80.8%131.7%117.0%16.9%2.1%
5 Year-44.6%-77.1%208.1%175.0%46.0%15.6%

Price Volatility Vs. Market

How volatile is Cellnet Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

42.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLT (A$0.05) is trading below our estimate of fair value (A$0.08)

Significantly Below Fair Value: CLT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CLT is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.

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


Price to Book Ratio

PB vs Industry: CLT is good value based on its PB Ratio (0.4x) compared to the AU Electronic industry average (3.8x).


Next Steps

Future Growth

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

31.3%

Forecasted Tech 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 Cellnet Group 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.


Next Steps

Past Performance

How has Cellnet Group performed over the past 5 years?

-14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLT is currently unprofitable.

Growing Profit Margin: CLT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CLT is unprofitable, and losses have increased over the past 5 years at a rate of 14.1% per year.

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

Earnings vs Industry: CLT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3%).


Return on Equity

High ROE: CLT has a negative Return on Equity (-9.34%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cellnet Group's financial position?


Financial Position Analysis

Short Term Liabilities: CLT's short term assets (A$38.8M) exceed its short term liabilities (A$22.1M).

Long Term Liabilities: CLT's short term assets (A$38.8M) exceed its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: CLT's debt to equity ratio (40.5%) is considered high.

Reducing Debt: CLT's debt to equity ratio has increased from 5.3% to 40.5% over the past 5 years.

Debt Coverage: CLT's debt is well covered by operating cash flow (35.2%).

Interest Coverage: Insufficient data to determine if CLT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Cellnet Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

0.3yrs

Average board tenure


CEO

Dave Clark

0.33

Tenure

AU$298,389

Compensation

Mr. Dave Clark serves as Chief Executive Officer at Cellnet Group Limited since June 16, 2020. Mr. Clark serves as its MD of New Zealand and served as its General Manager of New Zealand since July 1, 2019 ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD212.56K) is about average for companies of similar size in the Australian market ($USD277.63K).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Tony Pearson
Independent Chairman0.25yrAU$80.00k0.59%
A$ 72.9k
Michael Wendt
Deputy Chairman0.25yrAU$30.00k5.34%
A$ 658.3k
Brian Danos
Non-Executive Director0.25yrAU$4.17kno data
Kevin Gilmore
Non-Executive Director3.75yrsAU$30.00k1.41%
A$ 174.3k
Giles Karhan
Non-Executive Director0.33yrAU$2.50kno data

0.3yrs

Average Tenure

Experienced Board: CLT's board of directors are not considered experienced ( 0.3 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: CLT 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 271.6%.


Top Shareholders

Company Information

Cellnet Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cellnet Group Limited
  • Ticker: CLT
  • Exchange: ASX
  • Founded: 1987
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: AU$12.327m
  • Shares outstanding: 232.58m
  • Website: https://www.cellnet.com.au

Number of Employees


Location

  • Cellnet Group Limited
  • Tenancy E1
  • 5 Grevillea Place
  • Brisbane
  • Queensland
  • 4008
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLTASX (Australian Securities Exchange)YesOrdinary SharesAUAUDNov 1999
CLTCHIA (Chi-X Australia)YesOrdinary SharesAUAUDNov 1999

Biography

Cellnet Group Limited engages in the distribution, warehousing, and logistics businesses primarily in Australia and New Zealand. The company sources and distributes brands of lifestyle technology products, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 10:33
End of Day Share Price2020/10/27 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.