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.

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

-1.3%

CLX

-1.7%

AU Logistics

1.3%

AU Market


1 Year Return

-22.4%

CLX

22.0%

AU Logistics

9.9%

AU Market

Return vs Industry: CLX underperformed the Australian Logistics industry which returned 22% over the past year.

Return vs Market: CLX underperformed the Australian Market which returned 9.9% over the past year.


Share holder returns

CLXIndustryMarket
7 Day-1.3%-1.7%1.3%
30 Day-1.3%-1.2%-0.7%
90 Day0%-5.1%-0.4%
1 Year-18.8%-22.4%25.2%22.0%16.3%9.9%
3 Year2.4%-7.3%91.2%75.8%35.8%17.6%
5 Year-44.3%-54.8%143.8%109.6%51.9%17.8%

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?

72.07x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: CLX (A$0.76) is trading above our estimate of fair value (A$0.28)

Significantly Undervalued: CLX is trading above our estimate of fair value.


Price Based on Earnings

PE vs Industry: CLX is poor value based on its PE Ratio (72.1x) compared to the Logistics industry average (28.1x).

PE vs Market: CLX is poor value based on its PE Ratio (72.1x) compared to the Australian market (17.9x).


Price Based on Expected Growth

Low PEG Ratio: CLX is poor value based on its PEG Ratio (1.2x)


Price Based on Value of Assets

PB vs Industry: CLX is good value based on its PB Ratio (0.6x) compared to the XO Logistics industry average (1.8x).


Next Steps

  • Explore potentially undervalued companies in the Transportation industry.

Future Growth

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

59.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: CLX's forecast earnings growth (59.9% per year) is above the savings rate (2.3%).

Earnings vs Market: CLX's earnings (59.9% per year) are forecast to grow faster than the Australian market (10.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CLX's revenue (1.7% per year) is forecast to grow slower than the Australian market (3.6% per year).

High Growth Revenue: CLX's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: CLX's Return on Equity is forecast to be low in 3 years time (4.2%).


Next Steps

Past Performance

How has CTI Logistics performed over the past 5 years?

-28.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CLX's earnings have declined by -28.6% 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 (-80.6%) 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 (0.9%) is considered low.


Return on Assets

ROA vs Industry: CLX's Return on Assets is below or equal to the Logistics industry average last year.


Return on Capital Employed

ROCE Improving: CLX has significantly improved its Return on Capital Employed over the past 3 years.


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) exceeds its short term liabilities (A$29.9M)

Long Term Liabilities: CLX's short term assets (33.6M) do not cover its long term liabilities (48.3M)


Debt to Equity History and Analysis

Debt Level: CLX's debt to equity ratio (49.1%) is considered high

Reducing Debt: CLX's debt to equity ratio has reduced from 55.5% to 49.1% over the past 5 years.

Debt Coverage: CLX's debt is well covered by operating cash flow (22.2%).

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


Balance Sheet

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

Debt Coverage by Assets: CLX's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

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

2.96%

Expected Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%2.5%markettop25%5.6%industryaverage2.2%forecastin3Years3.0%

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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 .


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

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

AU$552k

CEO Compensation


CEO

Bruce Saxild 0

0yrs

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 ($USD375.88K) is about average for companies of similar size in the Australian market ($USD257.37K).

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


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


Management Team

  • Bruce Saxild

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$552.06k
  • David Watson

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: AU$541.84k
  • David Mellor

    Joint MD

    • Tenure: 0yrs
    • Compensation: AU$498.87k
  • Owen Venter

    Secretary

    • Tenure: 3.2yrs

Board Members

  • Peter Leonhardt (72yo)

    Non-Executive Director

    • Tenure: 20.2yrs
    • Compensation: AU$57.50k
  • Bruce Saxild

    Joint MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$552.06k
  • David Watson

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: AU$541.84k
  • David Mellor

    Joint MD

    • Tenure: 0yrs
    • Compensation: AU$498.87k

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$57.021m
  • 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 10:32
End of Day Share Price2019/10/11 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.

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