ASX:CLX

Stock Analysis Report

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Executive Summary

CTI Logistics Limited provides transport and logistics services in Australia.


Snowflake Analysis

Fair value with imperfect balance sheet.

Share Price & News

How has CTI Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CLX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.1%

CLX

2.6%

AU Logistics

2.5%

AU Market


1 Year Return

-40.9%

CLX

-6.9%

AU Logistics

-10.8%

AU Market

Return vs Industry: CLX underperformed the Australian Logistics industry which returned -6.9% over the past year.

Return vs Market: CLX underperformed the Australian Market which returned -10.8% over the past year.


Shareholder returns

CLXIndustryMarket
7 Day1.1%2.6%2.5%
30 Day3.4%0.4%1.0%
90 Dayn/a23.0%21.8%
1 Year-40.9%-40.9%-4.7%-6.9%-7.1%-10.8%
3 Year-44.7%-48.9%8.3%1.2%19.2%3.4%
5 Year-57.2%-64.2%20.8%6.6%35.9%6.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CLX (A$0.46) is trading below our estimate of fair value (A$1.37)

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


Price To Earnings Ratio

PE vs Industry: CLX is poor value based on its PE Ratio (34.1x) compared to the Logistics industry average (17.9x).

PE vs Market: CLX is poor value based on its PE Ratio (34.1x) compared to the Australian market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: CLX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CLX is good value based on its PB Ratio (0.4x) compared to the XO Logistics industry average (2.2x).


Next Steps

Future Growth

How is CTI Logistics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-145.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CLX's earnings are forecast to decline over the next 3 years (-145.6% per year).

Earnings vs Market: CLX's earnings are forecast to decline over the next 3 years (-145.6% per year).

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

Revenue vs Market: CLX's revenue is expected to decline over the next 3 years (-2.4% per year).

High Growth Revenue: CLX's revenue is forecast to decline over the next 3 years (-2.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has CTI Logistics performed over the past 5 years?

-39.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLX has a large one-off gain of A$241.1K impacting its December 31 2004 financial results.

Growing Profit Margin: CLX's current net profit margins (0.5%) are lower than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: CLX's earnings have declined by -39.4% per year over the past 5 years.

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

Earnings vs Industry: CLX had negative earnings growth (-39.2%) over the past year, making it difficult to compare to the Logistics industry average (-1.9%).


Return on Equity

High ROE: CLX's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is CTI Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: CLX's short term assets (A$33.6M) do not cover its short term liabilities (A$38.6M).

Long Term Liabilities: CLX's short term assets (A$33.6M) do not cover its long term liabilities (A$97.8M).


Debt to Equity History and Analysis

Debt Level: CLX's debt to equity ratio (49.8%) is considered high.

Reducing Debt: CLX's debt to equity ratio has reduced from 90.6% to 49.8% over the past 5 years.

Debt Coverage: CLX's debt is well covered by operating cash flow (32.2%).

Interest Coverage: CLX's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

AU$552k

CEO Compensation


CEO

Bruce Saxild

no data

Tenure

AU$552,058

Compensation

Mr. Bruce Edmond Saxild serves as the Joint Managing Director and Executive Director of CTI Logistics Limited. Mr. Saxild served as the Head of Logistics and Trasisport Operations at CTI Logistics Ltd. 


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD383.21K) is above average for companies of similar size in the Australian market ($USD262.04K).

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


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CTI Logistics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CTI Logistics Limited
  • Ticker: CLX
  • Exchange: ASX
  • Founded: 1974
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: AU$34.137m
  • Shares outstanding: 75.03m
  • Website: https://www.ctilogistics.com

Location

  • CTI Logistics Limited
  • 1 Drummond Place
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CLXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJan 1992
CLXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJan 1992

Biography

CTI Logistics Limited provides transport and logistics services in Australia. It operates through three segments: Transport, Logistics, and Property. The company offers transport services, such as couriers, parcels distribution, taxi trucks, container handling, fleet management, heavy haulage, line haul, and freight forwarding services. It also provides warehousing and distribution services, including contracted distribution center, overflow warehousing, temperature controlled storage, pick and pack, bulk product storage, external laydown area storage, quarantine inspection and processing, and stock control management services. In addition, the company offers temperature controlled storage, warehousing, and distribution services for wine, and food and health products; and logistical support services to the minerals and energy sector. Further, it provides security systems and services comprising electronic alarms, CCTVs, and access control systems for residential and commercial premises; and records management services consisting of document and archive storage, core sample storage, data and media storage, imaging and scanning, scheduled pickup and deliveries, and document destruction, as well as provides online access to reports and file activities. Additionally, the company offers shredding and recycling services; and wrapping services, including cleaning of plant and equipment, fumigation and spraying services, and sealed quarantine wrapping. The company is also involved in the rental of owner-occupied and investment properties. CTI Logistics Limited was founded in 1974 and is based in West Perth, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 10:34
End of Day Share Price2020/07/03 00:00
Earnings2019/12/31
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.