ASX:CLT

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

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

0%

CLT

4.6%

AU Electronic

0.9%

AU Market


1 Year Return

-53.7%

CLT

84.4%

AU Electronic

16.3%

AU Market

Return vs Industry: CLT underperformed the Australian Electronic industry which returned 84.4% over the past year.

Return vs Market: CLT underperformed the Australian Market which returned 16.3% over the past year.


Shareholder returns

CLTIndustryMarket
7 Day0%4.6%0.9%
30 Day0%6.5%1.9%
90 Day0%27.8%5.1%
1 Year-53.7%-53.7%88.6%84.4%23.0%16.3%
3 Year-24.0%-29.6%61.6%52.8%41.6%22.3%
5 Year13.8%-5.0%142.2%118.3%57.7%22.5%

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?

28.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CLT is poor value based on its PE Ratio (28.9x) compared to the Electronic industry average (28.2x).

PE vs Market: CLT is poor value based on its PE Ratio (28.9x) compared to the Australian market (18.6x).


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 (0.5x) compared to the AU Electronic industry average (4x).


Next Steps

Future Growth

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

-0.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLT's earnings are forecast to decline over the next 3 years (-0.4% per year).

Earnings vs Market: CLT's earnings are forecast to decline over the next 3 years (-0.4% per year).

High Growth Earnings: CLT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if CLT's revenue is forecast to grow faster than the Australian market.

High Growth Revenue: Insufficient data to determine if CLT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CLT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cellnet Group performed over the past 5 years?

48.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLT has a high level of non-cash earnings.

Growing Profit Margin: CLT's current net profit margins (0.4%) are lower than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: CLT has become profitable over the past 5 years, growing earnings by 48.4% per year.

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

Earnings vs Industry: CLT had negative earnings growth (-93.2%) over the past year, making it difficult to compare to the Electronic industry average (-66.4%).


Return on Equity

High ROE: CLT's Return on Equity (1.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Cellnet Group's financial position?


Financial Position Analysis

Short Term Liabilities: CLT's short term assets (A$37.1M) exceeds its short term liabilities (A$22.7M)

Long Term Liabilities: CLT's short term assets (A$37.1M) exceeds its long term liabilities (1.8M)


Debt to Equity History and Analysis

Debt Level: CLT's debt to equity ratio (45.7%) is considered high.

Reducing Debt: CLT's debt to equity ratio has reduced from 55.6% to 45.7% over the past 5 years.

Debt Coverage: CLT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CLT's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet

Inventory Level: CLT has a high level of physical assets or inventory.

Debt Coverage by Assets: CLT's debt is covered by short term assets (assets are 3.5x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.4%markettop25%5.6%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CLT's dividend yield against the top 25% of dividend payers, as the company has not reported any 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

What is the CEO of Cellnet Group's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average board tenure


CEO

Alan Sparks 0

5.5yrs

Tenure

AU$343,538

Compensation

Mr. Alan Sparks, GAICD, CTA, CA (SA) has been the Chief Executive Officer of Cellnet Group Limited since May 7, 2014. Mr. Sparks is an accomplished senior executive with over many years' experience in tech ...


CEO Compensation Analysis

Compensation vs Market: Alan's total compensation ($USD233.99K) is about average for companies of similar size in the Australian market ($USD254.75K).

Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.


Board Age and Tenure

2.8yrs

Average Tenure

Experienced Board: CLT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.


Management Team

  • J. Satriano

    Group Warehouse Manager

    • Tenure: 0yrs
    • Compensation: AU$144.65k
  • N. Chan

    Financial Controller of Cellular Cellnet (NZ) Ltd

    • Tenure: 0yrs
  • Alan Sparks

    Chief Executive Officer

    • Tenure: 5.5yrs
    • Compensation: AU$343.54k
  • Chris Barnes

    Company Secretary & CFO

    • Tenure: 8.7yrs
    • Compensation: AU$248.92k
  • Dave Clark

    General Manager of New Zealand

    • Tenure: 0yrs
    • Compensation: AU$262.49k
  • Craig Kingshott

    Chief Commercial Officer

    • Tenure: 0yrs
    • Compensation: AU$68.70k

Board Members

  • Tony Pearson (44yo)

    Independent Non Executive Director

    • Tenure: 1.1yrs
    • Compensation: AU$22.12k
  • Michael Wendt

    Non-Executive Chairman

    • Tenure: 2.8yrs
    • Compensation: AU$26.67k
  • Kevin Gilmore

    Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: AU$26.67k
  • Michael Reddie

    Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: AU$26.67k

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: 1992
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: AU$11.893m
  • Shares outstanding: 62.60m
  • Website: https://www.cellnet.com.au

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 Analysis2019/11/17 10:31
End of Day Share Price2019/11/13 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.