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CSW.

Corby Spirit and WineTSX:CSW.A Stock Report

Last Price

CA$16.76

Market Cap

CA$478.4m

7D

-0.8%

1Y

-5.1%

Updated

23 Jan, 2022

Data

Company Financials
CSW.A fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

CSW.A Stock Overview

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

Corby Spirit and Wine Competitors

Andrew Peller

TSX:ADW.A

CA$353.4m

Diageo

LSE:DGE

UK£87.3b

Pernod Ricard

ENXTPA:RI

€51.5b

Davide Campari-Milano

BIT:CPR

€12.8b

Price History & Performance

Summary of all time highs, changes and price drops for Corby Spirit and Wine
Historical stock prices
Current Share PriceCA$16.76
52 Week HighCA$19.10
52 Week LowCA$16.50
Beta0.35
1 Month Change-1.06%
3 Month Change-5.79%
1 Year Change-5.10%
3 Year Change-12.30%
5 Year Change-27.70%
Change since IPO141.59%

Recent News & Updates

Aug 28
Corby Spirit and Wine (TSE:CSW.A) Has Announced A Dividend Of CA$0.21

Corby Spirit and Wine (TSE:CSW.A) Has Announced A Dividend Of CA$0.21

Corby Spirit and Wine Limited ( TSE:CSW.A ) will pay a dividend of CA$0.21 on the 29th of September. The dividend yield...

Shareholder Returns

CSW.ACA BeverageCA Market
7D-0.8%-2.1%-2.9%
1Y-5.1%-6.4%15.9%

Return vs Industry: CSW.A exceeded the Canadian Beverage industry which returned -6.4% over the past year.

Return vs Market: CSW.A underperformed the Canadian Market which returned 15.9% over the past year.

Price Volatility

Is CSW.A's price volatile compared to industry and market?
CSW.A volatility
CSW.A Average Weekly Movement1.8%
Beverage Industry Average Movement4.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: CSW.A is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: CSW.A's weekly volatility (2%) 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 in China. 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$478.35m
Earnings (TTM)CA$26.79m
Revenue (TTM)CA$154.86m

17.8x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSW.A income statement (TTM)
RevenueCA$154.86m
Cost of RevenueCA$61.29m
Gross ProfitCA$93.57m
ExpensesCA$66.77m
EarningsCA$26.79m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.94
Gross Margin60.42%
Net Profit Margin17.30%
Debt/Equity Ratio0%

How did CSW.A perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

92%

Payout Ratio

Valuation

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

25.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CSW.A (CA$16.76) is trading below our estimate of fair value (CA$22.47)

Significantly Below Fair Value: CSW.A is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CSW.A is good value based on its PE Ratio (17.8x) compared to the North American Beverage industry average (31x).

PE vs Market: CSW.A is poor value based on its PE Ratio (17.8x) compared to the Canadian market (12.8x).


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 (2.5x) compared to the CA Beverage industry average (1.7x).


Future Growth

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

10.4%

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?

3.7%

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 (17.3%) are lower than last year (19.6%).


Past Earnings Growth Analysis

Earnings Trend: CSW.A's earnings have grown by 3.7% 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 (-13.6%) over the past year, making it difficult to compare to the Beverage industry average (21.9%).


Return on Equity

High ROE: CSW.A's Return on Equity (14.2%) is considered low.


Financial Health

How is Corby Spirit and Wine's financial position?


Financial Position Analysis

Short Term Liabilities: CSW.A's short term assets (CA$127.2M) exceed its short term liabilities (CA$34.2M).

Long Term Liabilities: CSW.A's short term assets (CA$127.2M) exceed its long term liabilities (CA$18.4M).


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?

5.07%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CSW.A's dividend (5.07%) is higher than the bottom 25% of dividend payers in the Canadian market (1.61%).

High Dividend: CSW.A's dividend (5.07%) is in the top 25% of dividend payers in the Canadian market (4.79%)


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.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (92.4%), CSW.A's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Nicolas Krantz (50 yo)

1.5yrs

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 ($USD1.29M) is above average for companies of similar size in the Canadian market ($USD811.58K).

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 (2.8 years average tenure).


Board Members

Experienced Board: CSW.A's board of directors are considered experienced (4.8 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$478.354m
  • 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 Analysis2022/01/23 23:07
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
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.