TSXV:CSX

Stock Analysis Report

Clean Seed Capital Group

Executive Summary

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


Snowflake Analysis

Weak fundamentals or lack of information.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

22.2%

CSX

-3.0%

CA Machinery

1.1%

CA Market


1 Year Return

-12.0%

CSX

-41.6%

CA Machinery

-22.9%

CA Market

Return vs Industry: CSX exceeded the Canadian Machinery industry which returned -43.7% over the past year.

Return vs Market: CSX exceeded the Canadian Market which returned -24.8% over the past year.


Shareholder returns

CSXIndustryMarket
7 Day22.2%-3.0%1.1%
30 Day-8.3%-32.7%-17.3%
90 Day40.4%-40.9%-23.4%
1 Year-12.0%-12.0%-39.8%-41.6%-20.4%-22.9%
3 Year-25.8%-25.8%-41.6%-46.0%-12.7%-20.8%
5 Year-17.5%-17.5%-20.0%-27.1%0.1%-14.9%

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?

5.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CSX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CSX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CSX is unprofitable, so we can't compare its PE Ratio to the 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 (4.9x) compared to the CA Machinery industry average (1.2x).


Next Steps

Future Growth

How is Clean Seed Capital Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

33.4%

Forecasted Capital Goods 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 Clean Seed Capital Group 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.


Next Steps

Past Performance

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

-30.7%

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 -30.7% 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 (-16.9%).


Return on Equity

High ROE: CSX has a negative Return on Equity (-89.94%), 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$197.9K) do not cover its short term liabilities (CA$5.0M).

Long Term Liabilities: CSX's short term assets (CA$197.9K) do not cover its long term liabilities (CA$1.5M).


Debt to Equity History and Analysis

Debt Level: CSX's debt to equity ratio (110.2%) is considered high.

Reducing Debt: CSX's debt to equity ratio has increased from 6.4% to 110.2% 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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CSX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Clean Seed Capital Group's 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 payouts.

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

3.7yrs

Average management tenure


CEO

Graeme Lempriere

10.17s

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 ($USD141.51K) is about average for companies of similar size in the Canadian market ($USD159.20K).

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 & CEO10.17yrsCA$200.00k11.17% CA$2.5m
Gary Anderson
President2.67yrsno data9.17% CA$2.1m
Steven Brassard
CFO & Corporate Secretary8.25yrsCA$139.55k0.52% CA$118.4k
Colin Rush
COO & Director6yrsCA$200.00k0.41% CA$91.8k
Colin Rosengren
VP of Product Development & Director6.5yrsCA$60.00kno data
Steven Larocque
Agricultural & Agronomic Advisor1.42yrsno 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

3.7yrs

Average Tenure

Experienced Management: CSX's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Graeme Lempriere
Chairman of the Board & CEO10.17yrsCA$200.00k11.17% CA$2.5m
Gary Anderson
President2.67yrsno data9.17% CA$2.1m
Colin Rush
COO & Director6yrsCA$200.00k0.41% CA$91.8k
Colin Rosengren
VP of Product Development & Director6.5yrsCA$60.00kno data
Chantal T. Schutz
Independent Director6yrsno data0.0067% CA$1.5k
Anthony Edwards
Director2.58yrsCA$186.75kno data
James Walker
Independent Director1.42yrsno datano data
Randip Minhas
Independent Director3.33yrsno data0.11% CA$25.3k

3.0yrs

Average Tenure

Experienced Board: CSX's board of directors are considered experienced (3 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 6.8%.


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$22.595m
  • Shares outstanding: 68.47m
  • 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 in the software development activities. Clean Seed Capital Group Ltd. was incorporated in 2010 and is headquartered in Burnaby, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 03:55
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
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.