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Carnegie Clean Energy ASX:CCE Stock Report

Last Price

AU$0.042

Market Cap

AU$15.4m

7D

0%

1Y

-58.0%

Updated

14 Jul, 2024

Data

Company Financials

Carnegie Clean Energy Limited

ASX:CCE Stock Report

Market Cap: AU$15.4m

CCE Stock Overview

Develops and commercializes the CETO wave energy technology for converting ocean wave energy into zero-emission electricity worldwide.

CCE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Carnegie Clean Energy Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Carnegie Clean Energy
Historical stock prices
Current Share PriceAU$0.042
52 Week HighAU$0.10
52 Week LowAU$0.04
Beta-0.036
11 Month Change-2.33%
3 Month Change-19.23%
1 Year Change-58.00%
33 Year Change-72.00%
5 Year Changen/a
Change since IPO-99.63%

Recent News & Updates

We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

Jul 14
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

Recent updates

We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

Jul 14
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

Mar 17
We're Hopeful That Carnegie Clean Energy (ASX:CCE) Will Use Its Cash Wisely

We're Interested To See How Carnegie Clean Energy (ASX:CCE) Uses Its Cash Hoard To Grow

Dec 02
We're Interested To See How Carnegie Clean Energy (ASX:CCE) Uses Its Cash Hoard To Grow

We Think Carnegie Clean Energy (ASX:CCE) Can Easily Afford To Drive Business Growth

Jul 27
We Think Carnegie Clean Energy (ASX:CCE) Can Easily Afford To Drive Business Growth

Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business

Mar 28
Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business

Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business

Dec 13
Carnegie Clean Energy (ASX:CCE) Is In A Strong Position To Grow Its Business

Here's Why We're Not At All Concerned With Carnegie Clean Energy's (ASX:CCE) Cash Burn Situation

Aug 30
Here's Why We're Not At All Concerned With Carnegie Clean Energy's (ASX:CCE) Cash Burn Situation

Is Carnegie Clean Energy (ASX:CCE) Using Debt In A Risky Way?

Dec 11
Is Carnegie Clean Energy (ASX:CCE) Using Debt In A Risky Way?

Shareholder Returns

CCEAU Renewable EnergyAU Market
7D0%5.0%1.7%
1Y-58.0%41.2%9.2%

Return vs Industry: CCE underperformed the Australian Renewable Energy industry which returned 41.2% over the past year.

Return vs Market: CCE underperformed the Australian Market which returned 9.2% over the past year.

Price Volatility

Is CCE's price volatile compared to industry and market?
CCE volatility
CCE Average Weekly Movement9.7%
Renewable Energy Industry Average Movement8.3%
Market Average Movement8.4%
10% most volatile stocks in AU Market17.0%
10% least volatile stocks in AU Market3.3%

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

Volatility Over Time: CCE's weekly volatility has decreased from 56% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aJonathan Fievezwww.carnegiece.com

Carnegie Clean Energy Limited develops and commercializes the CETO wave energy technology for converting ocean wave energy into zero-emission electricity worldwide. The company was formerly known as Carnegie Wave Energy Limited and changed its name to Carnegie Clean Energy Limited in December 2016. Carnegie Clean Energy Limited was incorporated in 1987 and is based in North Fremantle, Australia.

Carnegie Clean Energy Limited Fundamentals Summary

How do Carnegie Clean Energy's earnings and revenue compare to its market cap?
CCE fundamental statistics
Market capAU$15.38m
Earnings (TTM)-AU$1.17m
Revenue (TTM)AU$209.83k

73.3x

P/S Ratio

-13.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCE income statement (TTM)
RevenueAU$209.83k
Cost of RevenueAU$0
Gross ProfitAU$209.83k
Other ExpensesAU$1.38m
Earnings-AU$1.17m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0032
Gross Margin100.00%
Net Profit Margin-559.00%
Debt/Equity Ratio0%

How did CCE perform over the long term?

See historical performance and comparison
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