TSXV:CSX

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Clean Seed Capital Group

Executive Summary

Clean Seed Capital Group Ltd. operates in the agriculture equipment industry in Canada. More Details


Snowflake Analysis

Moderate growth potential with imperfect balance sheet.

Share Price & News

How has Clean Seed Capital Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

20.0%

CSX

-2.4%

CA Machinery

-1.0%

CA Market


1 Year Return

132.3%

CSX

-9.1%

CA Machinery

-4.3%

CA Market

Return vs Industry: CSX exceeded the Canadian Machinery industry which returned -8.5% over the past year.

Return vs Market: CSX exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

CSXIndustryMarket
7 Day20.0%-2.4%-1.0%
30 Day20.0%3.8%1.3%
90 Day12.5%10.1%1.9%
1 Year132.3%132.3%-6.9%-9.1%-0.9%-4.3%
3 Year-10.0%-10.0%-25.1%-30.6%6.4%-4.0%
5 Year-23.4%-23.4%23.5%13.5%33.3%12.8%

Price Volatility Vs. Market

How volatile is Clean Seed Capital Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clean Seed Capital Group undervalued compared to its fair value and its price relative to the market?

5.91x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CSX (CA$0.36) is trading above our estimate of fair value (CA$0.01)

Significantly Below Fair Value: CSX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CSX is unprofitable, so we can't compare its PE Ratio to the CA Machinery industry average.

PE vs Market: CSX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSX is overvalued based on its PB Ratio (5.9x) compared to the CA Machinery industry average (2.7x).


Next Steps

Future Growth

How is Clean Seed Capital Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

60.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: CSX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CSX's is expected to become profitable in the next 3 years.

Revenue vs Market: Insufficient data to determine if CSX's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if CSX's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Clean Seed Capital Group performed over the past 5 years?

-28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSX is currently unprofitable.

Growing Profit Margin: CSX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CSX is unprofitable, and losses have increased over the past 5 years at a rate of 28.5% per year.

Accelerating Growth: Unable to compare CSX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CSX is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (53.6%).


Return on Equity

High ROE: CSX has a negative Return on Equity (-87.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Clean Seed Capital Group's financial position?


Financial Position Analysis

Short Term Liabilities: CSX's short term assets (CA$186.5K) do not cover its short term liabilities (CA$5.3M).

Long Term Liabilities: CSX's short term assets (CA$186.5K) do not cover its long term liabilities (CA$1.4M).


Debt to Equity History and Analysis

Debt Level: CSX's debt to equity ratio (113.7%) is considered high.

Reducing Debt: CSX's debt to equity ratio has increased from 7.3% to 113.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CSX has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CSX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is Clean Seed Capital Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CSX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Graeme Lempriere

10.67yrs

Tenure

CA$200,000

Compensation

Mr. Graeme Lempriere has been the Chairman and Chief Executive Officer of Clean Seed Capital Group Ltd. since August 17, 2017. He served as President of Clean Seed Capital Group Ltd. since February 2010 un ...


CEO Compensation Analysis

Compensation vs Market: Graeme's total compensation ($USD152.29K) is about average for companies of similar size in the Canadian market ($USD171.43K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Graeme Lempriere
Chairman of the Board & CEO10.67yrsCA$200.00k10%
CA$ 2.8m
Gary Anderson
President3.17yrsno data8.21%
CA$ 2.3m
Steven Brassard
CFO & Corporate Secretary8.75yrsCA$139.55k0.54%
CA$ 148.6k
Colin Rush
COO & Director6.5yrsCA$200.00k0.37%
CA$ 100.8k
Steven Larocque
Agricultural & Agronomic Advisor1.92yrsno datano data
Noel Lempriere
Vice President of Marketing & Software Solutionsno datano datano data
Kyle Takeuchi
Controllerno datano datano data
Gordon Wilson
Director of Systems Integrationno datano datano data

4.2yrs

Average Tenure

Experienced Management: CSX's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Graeme Lempriere
Chairman of the Board & CEO10.67yrsCA$200.00k10%
CA$ 2.8m
Gary Anderson
President3.17yrsno data8.21%
CA$ 2.3m
Colin Rush
COO & Director6.5yrsCA$200.00k0.37%
CA$ 100.8k
Chantal T. Schutz
Independent Director6.5yrsno data0.0060%
CA$ 1.7k
Anthony Edwards
Director3.08yrsCA$186.75kno data
James Walker
Independent Director1.92yrsno datano data
Randip Minhas
Independent Director3.83yrsno data0.10%
CA$ 27.6k

3.2yrs

Average Tenure

48yo

Average Age

Experienced Board: CSX's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CSX 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 17.8%.


Top Shareholders

Company Information

Clean Seed Capital Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clean Seed Capital Group Ltd.
  • Ticker: CSX
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Market Cap: CA$27.549m
  • Shares outstanding: 76.53m
  • Website: https://www.cleanseedcapital.com

Number of Employees


Location

  • Clean Seed Capital Group Ltd.
  • 7541 Conway Avenue
  • Unit 14
  • Burnaby
  • British Columbia
  • V5E 2P7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSXTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2011
CLGP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2011

Biography

Clean Seed Capital Group Ltd. operates in the agriculture equipment industry in Canada. It provides seeding and planting equipment. The company offers CX-6 SMART Seeder, a seeding tool. It is also involved ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 00:56
End of Day Share Price2020/10/21 00:00
Earnings2020/03/31
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.