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CLX

CTI LogisticsASX:CLX Stock Report

Last Price

AU$0.92

Market Cap

AU$71.8m

7D

0.5%

1Y

37.3%

Updated

20 Jan, 2022

Data

Company Financials
CLX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

CLX Stock Overview

CTI Logistics Limited provides transport and logistics services in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for CTI Logistics
Historical stock prices
Current Share PriceAU$0.92
52 Week HighAU$1.06
52 Week LowAU$0.67
Beta0.96
1 Month Change1.10%
3 Month Change-10.24%
1 Year Change37.31%
3 Year Change-3.16%
5 Year Change6.98%
Change since IPO581.34%

Recent News & Updates

Dec 20
CTI Logistics (ASX:CLX) Seems To Use Debt Quite Sensibly

CTI Logistics (ASX:CLX) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Sep 06
CTI Logistics' (ASX:CLX) Strong Earnings Are Of Good Quality

CTI Logistics' (ASX:CLX) Strong Earnings Are Of Good Quality

The subdued stock price reaction suggests that CTI Logistics Limited's ( ASX:CLX ) strong earnings didn't offer any...

May 30
Is CTI Logistics (ASX:CLX) Using Too Much Debt?

Is CTI Logistics (ASX:CLX) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

CLXAU LogisticsAU Market
7D0.5%-2.9%-1.7%
1Y37.3%29.8%7.7%

Return vs Industry: CLX exceeded the Australian Logistics industry which returned 29.8% over the past year.

Return vs Market: CLX exceeded the Australian Market which returned 7.7% over the past year.

Price Volatility

Is CLX's price volatile compared to industry and market?
CLX volatility
CLX Average Weekly Movement6.2%
Logistics Industry Average Movement5.2%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.3%
10% least volatile stocks in AU Market3.6%

Stable Share Price: CLX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CLX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972n/aBruce Saxildhttps://www.ctilogistics.com

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 courier, parcel distribution, taxi truck, fleet management, heavy haulage, line haul, container handling, and freight forwarding services.

CTI Logistics Fundamentals Summary

How do CTI Logistics's earnings and revenue compare to its market cap?
CLX fundamental statistics
Market CapAU$71.79m
Earnings (TTM)AU$8.17m
Revenue (TTM)AU$239.04m

8.8x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLX income statement (TTM)
RevenueAU$239.04m
Cost of RevenueAU$188.63m
Gross ProfitAU$50.41m
ExpensesAU$42.24m
EarningsAU$8.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin21.09%
Net Profit Margin3.42%
Debt/Equity Ratio36.1%

How did CLX perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

37%

Payout Ratio

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$0.92) is trading below our estimate of fair value (A$8.83)

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


Price To Earnings Ratio

PE vs Industry: CLX is good value based on its PE Ratio (8.8x) compared to the Oceanic Logistics industry average (20.7x).

PE vs Market: CLX is good value based on its PE Ratio (8.8x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CLX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CLX is good value based on its PB Ratio (0.8x) compared to the XO Logistics industry average (1.2x).


Future Growth

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

9.0%

Forecasted Transportation 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 CTI Logistics 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.


Past Performance

How has CTI Logistics performed over the past 5 years?

-48.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CLX has high quality earnings.

Growing Profit Margin: CLX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CLX's earnings have declined by 48.8% per year over the past 5 years.

Accelerating Growth: CLX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CLX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Logistics industry (58.3%).


Return on Equity

High ROE: CLX's Return on Equity (9.2%) is considered low.


Financial Health

How is CTI Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: CLX's short term assets (A$39.9M) do not cover its short term liabilities (A$44.4M).

Long Term Liabilities: CLX's short term assets (A$39.9M) do not cover its long term liabilities (A$77.1M).


Debt to Equity History and Analysis

Debt Level: CLX's net debt to equity ratio (28.7%) is considered satisfactory.

Reducing Debt: CLX's debt to equity ratio has reduced from 70.1% to 36.1% over the past 5 years.

Debt Coverage: CLX's debt is well covered by operating cash flow (97.4%).

Interest Coverage: CLX's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Dividend

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

4.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CLX's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Australian market (2.21%).

High Dividend: CLX's dividend (4.35%) is low compared to the top 25% of dividend payers in the Australian market (5.47%).


Stability and Growth of Payments

Stable Dividend: CLX's dividend payments have been volatile in the past 10 years.

Growing Dividend: CLX's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.8%), CLX's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Bruce Saxild

no data

Tenure

AU$572,543

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. He...


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD413.42K) is above average for companies of similar size in the Australian market ($USD290.00K).

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


Leadership Team

Experienced Management: CLX's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: CLX'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: Insufficient data to determine if 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 diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

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


Key Information

  • Name: CTI Logistics Limited
  • Ticker: CLX
  • Exchange: ASX
  • Founded: 1972
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Implied Market Cap: AU$71.793m
  • Shares outstanding: 78.04m
  • Website: https://www.ctilogistics.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 07:02
End of Day Share Price2022/01/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.