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CSW.

Corby Spirit and Wine TSX:CSW.A Stock Report

Last Price

CA$18.27

Market Cap

CA$516.1m

7D

-2.6%

1Y

0.1%

Updated

21 May, 2022

Data

Company Financials
CSW.A fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

CSW.A Stock Overview

Corby Spirit and Wine Limited manufactures, markets, and imports spirits and wines primarily in Canada.

Corby Spirit and Wine Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Corby Spirit and Wine
Historical stock prices
Current Share PriceCA$18.27
52 Week HighCA$19.98
52 Week LowCA$16.65
Beta0.29
1 Month Change-7.73%
3 Month Change5.55%
1 Year Change0.11%
3 Year Change-0.98%
5 Year Change-20.36%
Change since IPO163.35%

Recent News & Updates

Shareholder Returns

CSW.ACA BeverageCA Market
7D-2.6%-4.3%0.8%
1Y0.1%-21.7%4.9%

Return vs Industry: CSW.A exceeded the Canadian Beverage industry which returned -21.7% over the past year.

Return vs Market: CSW.A underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is CSW.A's price volatile compared to industry and market?
CSW.A volatility
CSW.A Average Weekly Movement2.9%
Beverage Industry Average Movement6.4%
Market Average Movement9.9%
10% most volatile stocks in CA Market16.9%
10% least volatile stocks in CA Market4.3%

Stable Share Price: CSW.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CSW.A's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1924n/aNicolas Krantzhttps://www.corby.ca

Corby Spirit and Wine Limited manufactures, markets, and imports spirits and wines primarily in Canada. It offers its products under the J.P. Wiser’s Canadian Whisky, Lot No.40, Pike Creek and Gooderham, Worts Canadian whiskies, Lamb’s rum, Polar Ice vodka, McGuinness liqueurs, Ungava Gin, Cabot Trail, Chic Choc, The Foreign Affair Winery, Absolut vodka, Chivas Regal, Aberlour, The Glenlivet and Ballantine’s Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlúa liqueur, Mumm Champagne, and Jacob’s Creek, Stoneleigh, Campo Viejo, and Wyndham Estate brands.

Corby Spirit and Wine Fundamentals Summary

How do Corby Spirit and Wine's earnings and revenue compare to its market cap?
CSW.A fundamental statistics
Market CapCA$516.06m
Earnings (TTM)CA$26.00m
Revenue (TTM)CA$158.62m

20.0x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSW.A income statement (TTM)
RevenueCA$158.62m
Cost of RevenueCA$62.65m
Gross ProfitCA$95.97m
Other ExpensesCA$69.96m
EarningsCA$26.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.91
Gross Margin60.50%
Net Profit Margin16.39%
Debt/Equity Ratio0%

How did CSW.A perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

102%

Payout Ratio

Does CSW.A pay a reliable dividends?

See CSW.A dividend history and benchmarks
When do you need to buy CSW.A by to receive an upcoming dividend?
Corby Spirit and Wine dividend dates
Ex Dividend DateMay 26 2022
Dividend Pay DateJun 10 2022
Days until Ex dividend4 days
Days until Dividend pay date19 days

Does CSW.A pay a reliable dividends?

See CSW.A dividend history and benchmarks

Valuation

Is Corby Spirit and Wine undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


20x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CSW.A (CA$18.27) is trading above our estimate of fair value (CA$15.2)

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


Price To Earnings Ratio

PE vs Industry: CSW.A is good value based on its PE Ratio (20x) compared to the North American Beverage industry average (26x).

PE vs Market: CSW.A is poor value based on its PE Ratio (20x) compared to the Canadian market (11.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSW.A is overvalued based on its PB Ratio (2.7x) compared to the CA Beverage industry average (1x).


Future Growth

How is Corby Spirit and Wine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.6%

Forecasted Food, Beverage & Tobacco 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 Corby Spirit and Wine 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 Corby Spirit and Wine performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


3.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CSW.A has a high level of non-cash earnings.

Growing Profit Margin: CSW.A's current net profit margins (16.4%) are lower than last year (20.3%).


Past Earnings Growth Analysis

Earnings Trend: CSW.A's earnings have grown by 3.2% per year over the past 5 years.

Accelerating Growth: CSW.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CSW.A had negative earnings growth (-18.9%) over the past year, making it difficult to compare to the Beverage industry average (11.9%).


Return on Equity

High ROE: CSW.A's Return on Equity (13.7%) is considered low.


Financial Health

How is Corby Spirit and Wine's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CSW.A's short term assets (CA$141.3M) exceed its short term liabilities (CA$43.5M).

Long Term Liabilities: CSW.A's short term assets (CA$141.3M) exceed its long term liabilities (CA$18.9M).


Debt to Equity History and Analysis

Debt Level: CSW.A is debt free.

Reducing Debt: CSW.A has not had any debt for past 5 years.

Debt Coverage: CSW.A has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CSW.A has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Corby Spirit and Wine current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.65%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 22 2022Ex Dividend DateMay 26 2022Dividend Pay DateJun 10 202215 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CSW.A's dividend (4.65%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).

High Dividend: CSW.A's dividend (4.65%) is low compared to the top 25% of dividend payers in the Canadian market (4.91%).


Stability and Growth of Payments

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

Growing Dividend: CSW.A's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (101.8%), CSW.A's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CSW.A is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Nicolas Krantz (50 yo)

1.83yrs

Tenure

CA$1,611,551

Compensation

Mr. Nicolas Krantz serves as President, Chief Executive Officer and Director at Corby Spirit and Wine Limited since July 1, 2020. He serves as Finance and Administration Director of Pernod Ricard Europe SA...


CEO Compensation Analysis

Compensation vs Market: Nicolas's total compensation ($USD1.26M) is about average for companies of similar size in the Canadian market ($USD974.36K).

Compensation vs Earnings: Insufficient data to compare Nicolas's compensation with company performance.


Leadership Team

Experienced Management: CSW.A's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: CSW.A's board of directors are considered experienced (5.2 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Corby Spirit and Wine Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Corby Spirit and Wine Limited
  • Ticker: CSW.A
  • Exchange: TSX
  • Founded: 1924
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CA$516.057m
  • Shares outstanding: 28.47m
  • Website: https://www.corby.ca

Number of Employees


Location

  • Corby Spirit and Wine Limited
  • 225 King Street West
  • Suite 1100
  • Toronto
  • Ontario
  • M5V 3M2
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
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.