ASX:CLX

Stock Analysis Report

Executive Summary

CTI Logistics Limited provides transport and logistics services in Australia.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • CTI Logistics is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.6%

ASX:CLX

0.5%

AU Logistics

0.2%

AU Market


1 Year Return

-25.9%

ASX:CLX

-5.6%

AU Logistics

5.7%

AU Market

CLX underperformed the Logistics industry which returned 32.8% over the past year.

CLX underperformed the Market in Australia which returned 5.7% over the past year.


Share holder returns

CLXIndustryMarket
7 Day0.6%0.5%0.2%
30 Day-3.6%3.2%3.2%
90 Day-5.9%-9.9%7.5%
1 Year-22.5%-25.9%-2.7%-5.6%11.9%5.7%
3 Year17.8%6.7%32.6%24.7%46.4%27.5%
5 Year-49.6%-60.0%11.0%-6.3%46.3%13.8%

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 based on future cash flows and its price relative to the stock market?

36.03x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

CTI Logistics's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

CTI Logistics's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

CTI Logistics is overvalued based on earnings compared to the Oceania Logistics industry average.

CTI Logistics is overvalued based on earnings compared to the Australia market.


Price Based on Expected Growth

CTI Logistics is good value based on expected growth next year.


Price Based on Value of Assets

CTI Logistics is good value based on assets compared to the Oceania Logistics industry average.


Next Steps

Future Growth

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

91.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

CTI Logistics's revenue is expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).

CTI Logistics's earnings are expected to grow significantly at over 20% yearly.

CTI Logistics's revenue growth is positive but not above the Australia market average.

CTI Logistics's earnings growth is expected to exceed the Australia market average.

CTI Logistics's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if CTI Logistics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has CTI Logistics performed over the past 5 years?

-18.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CTI Logistics's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

CTI Logistics's 1-year earnings growth is negative, it can't be compared to the 5-year average.

CTI Logistics's 1-year earnings growth is negative, it can't be compared to the Oceania Logistics industry average.


Return on Equity

CTI Logistics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

CTI Logistics used its assets less efficiently than the Oceania Logistics industry average last year based on Return on Assets.


Return on Capital Employed

CTI Logistics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is CTI Logistics's financial position?


Financial Position Analysis

CTI Logistics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

CTI Logistics's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

CTI Logistics's level of debt (51.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (56.3% vs 51.4% today).

Debt is well covered by operating cash flow (24.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.7x debt.


Next Steps

Dividend

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

5.00%

Expected Dividend Yield


Dividend Yield and Payments Analysis

CTI Logistics's pays a higher dividend yield than the bottom 25% of dividend payers in Australia (2.59%).

CTI Logistics's dividend is below the markets top 25% of dividend payers in Australia (5.85%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.6x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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


CEO

Bruce Saxild

AU$580,590

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

Bruce's remuneration is higher than average for companies of similar size in Australia.

Bruce's compensation has been consistent with company performance over the past year, both up more than 20%.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Bruce Saxild

    Joint MD & Executive Director

    • Compensation: A$580.59k
  • David Watson

    Founder & Executive Chairman

    • Tenure: 45.4yrs
    • Compensation: A$542.34k
  • David Mellor

    Joint MD

    • Compensation: A$490.64k
  • Owen Venter

    Secretary

    • Tenure: 2.8yrs

Board Members

  • Peter Leonhardt (71yo)

    Non-Executive Director

    • Tenure: 19.8yrs
    • Compensation: A$57.50k
  • Bruce Saxild

    Joint MD & Executive Director

    • Compensation: A$580.59k
  • David Watson

    Founder & Executive Chairman

    • Compensation: A$542.34k
  • David Mellor

    Joint MD

    • Compensation: A$490.64k

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$59.647m
  • Shares outstanding: 75.03m
  • Website: Click here

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/26 10:35
End of Day Share Price2019/06/26 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.