Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has Chemtrade Logistics Income Fund's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CHE.UN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CHE.UN underperformed the Canadian Chemicals industry which returned -15.4% over the past year.
Return vs Market: CHE.UN underperformed the Canadian Market which returned -4.2% over the past year.
Price Volatility Vs. Market
How volatile is Chemtrade Logistics Income Fund's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's Why Chemtrade Logistics Income Fund (TSE:CHE.UN) Is Weighed Down By Its Debt Load
1 month ago | Simply Wall StHow Well Is Chemtrade Logistics Income Fund (TSE:CHE.UN) Allocating Its Capital?
2 years ago | Simply Wall StWhat You Must Know About Chemtrade Logistics Income Fund's (TSE:CHE.UN) Market Risks
Is Chemtrade Logistics Income Fund undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CHE.UN (CA$4.68) is trading below our estimate of fair value (CA$9.32)
Significantly Below Fair Value: CHE.UN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CHE.UN is unprofitable, so we can't compare its PE Ratio to the CA Chemicals industry average.
PE vs Market: CHE.UN 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 CHE.UN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CHE.UN is good value based on its PB Ratio (0.6x) compared to the CA Chemicals industry average (2.3x).
How is Chemtrade Logistics Income Fund forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CHE.UN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CHE.UN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CHE.UN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CHE.UN's revenue (3.8% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: CHE.UN's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CHE.UN's Return on Equity is forecast to be high in 3 years time
How has Chemtrade Logistics Income Fund performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CHE.UN is currently unprofitable.
Growing Profit Margin: CHE.UN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CHE.UN is unprofitable, and losses have increased over the past 5 years at a rate of 40.4% per year.
Accelerating Growth: Unable to compare CHE.UN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CHE.UN is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-17.5%).
Return on Equity
High ROE: CHE.UN has a negative Return on Equity (-14.96%), as it is currently unprofitable.
How is Chemtrade Logistics Income Fund's financial position?
Financial Position Analysis
Short Term Liabilities: CHE.UN's short term assets (CA$502.6M) exceed its short term liabilities (CA$390.1M).
Long Term Liabilities: CHE.UN's short term assets (CA$502.6M) do not cover its long term liabilities (CA$1.6B).
Debt to Equity History and Analysis
Debt Level: CHE.UN's debt to equity ratio (187.3%) is considered high.
Reducing Debt: CHE.UN's debt to equity ratio has increased from 99.4% to 187.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CHE.UN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHE.UN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.5% per year.
What is Chemtrade Logistics Income Fund current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CHE.UN's dividend (12.82%) is higher than the bottom 25% of dividend payers in the Canadian market (1.69%).
High Dividend: CHE.UN's dividend (12.82%) is in the top 25% of dividend payers in the Canadian market (5.78%)
Stability and Growth of Payments
Stable Dividend: CHE.UN's dividends per share have been stable in the past 10 years.
Growing Dividend: CHE.UN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CHE.UN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Davis (61 yo)
Mr. Mark A. Davis, LL.B., has been the President and Chief Executive Officer of Chemtrade Logistics Inc. since 2001. Mr. Davis has been the President of Chemtrade Logistics Inc. and Chemtrade Logistics Inc ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD2.95M) is above average for companies of similar size in the Canadian market ($USD838.38K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|VP of Finance & CFO||14.58yrs||CA$1.04m||0.11% |
|Chief Operating Officer||1.08yrs||CA$2.21m||0.015% |
|Group Vice-President of Corporate Development & Strategy||2.75yrs||CA$1.10m||0.099% |
|General Counsel & Corporate Secretary||3.92yrs||no data||0.021% |
|Group Vice President of Human Resources & Responsible Care||4.25yrs||no data||0.0094% |
|Corporate Controller||2.42yrs||no data||no data|
|President of BCT Chemtrade Corp.||no data||no data||no data|
Experienced Management: CHE.UN's management team is considered experienced (3.9 years average tenure).
|Independent Trustee||11.25yrs||CA$123.75k||0.0038% |
|Independent Chairman of Board of Trustees||11.75yrs||CA$205.63k||0.016% |
|Ex-Officio Director||2.75yrs||CA$150.00k||0.027% |
|Independent Trustee||0.42yr||no data||no data|
|Independent Trustee||5.25yrs||CA$150.00k||0.0022% |
|Independent Trustee||1.25yrs||CA$37.50k||no data|
Experienced Board: CHE.UN's board of directors are considered experienced (5.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chemtrade Logistics Income Fund's company bio, employee growth, exchange listings and data sources
- Name: Chemtrade Logistics Income Fund
- Ticker: CHE.UN
- Exchange: TSX
- Founded: 2001
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: CA$435.225m
- Shares outstanding: 92.60m
- Website: https://www.chemtradelogistics.com
Number of Employees
- Chemtrade Logistics Income Fund
- 155 Gordon Baker Road
- Suite 300
- M2H 3N5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CHE.UN||TSX (The Toronto Stock Exchange)||Yes||Units||CA||CAD||Jul 2001|
|CGIF.F||OTCPK (Pink Sheets LLC)||Yes||Units||US||USD||Jul 2001|
Chemtrade Logistics Income Fund provides industrial chemicals and services in Canada, the United States, and South America. It operates through Sulphur Products and Performance chemicals (SPPC), Water Solu ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 23:48|
|End of Day Share Price||2020/10/21 00:00|
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.