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Central Iron Ore

TSXV:CIO
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CIO
TSXV
CA$2M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Central Iron Ore Limited focuses on the exploration and development of gold projects in Western Australia. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • Central Iron Ore has significant price volatility in the past 3 months.
CIO Share Price and Events
7 Day Returns
0%
TSXV:CIO
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
25%
TSXV:CIO
-7%
CA Metals and Mining
-0.2%
CA Market
CIO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Central Iron Ore (CIO) 0% 0% 0% 25% 66.7% 66.7%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • CIO outperformed the Metals and Mining industry which returned -7% over the past year.
  • CIO outperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
CIO
Industry
5yr Volatility vs Market

CIO Value

 Is Central Iron Ore undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Central Iron Ore. This is due to cash flow or dividend data being unavailable. The share price is CA$0.025.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Central Iron Ore's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Central Iron Ore's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CIO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
TSXV:CIO Share Price ** TSXV (2019-03-13) in CAD CA$0.03
TSXV:CIO Share Price converted to AUD reporting currency Exchange rate (CAD/ AUD) 1.058 A$0.03
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Central Iron Ore.

TSXV:CIO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CIO Share Price ÷ EPS (both in AUD)

= 0.03 ÷ 0.00

11.51x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Iron Ore is good value based on earnings compared to the CA Metals and Mining industry average.
  • Central Iron Ore is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Central Iron Ore's expected growth come at a high price?
Raw Data
TSXV:CIO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.51x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
17.5%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Central Iron Ore, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Central Iron Ore's assets?
Raw Data
TSXV:CIO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.04
TSXV:CIO Share Price * TSXV (2019-03-13) in CAD CA$0.03
TSXV:CIO Share Price converted to AUD reporting currency Exchange rate (CAD/ AUD) 1.058 A$0.03
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:CIO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CIO Share Price ÷ Book Value per Share (both in AUD)

= 0.03 ÷ 0.04

0.62x

* Primary Listing of Central Iron Ore.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Central Iron Ore is good value based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Central Iron Ore's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Central Iron Ore has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CIO Future Performance

 How is Central Iron Ore expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Central Iron Ore, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Central Iron Ore expected to grow at an attractive rate?
  • Central Iron Ore's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Central Iron Ore's earnings growth is positive but not above the Canada market average.
  • Unable to compare Central Iron Ore's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CIO Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:CIO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 17.5%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CIO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CIO Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 0 0
2018-09-30 0 0 1
2018-06-30 0 0 1
2018-03-31 1 1
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Central Iron Ore's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Central Iron Ore is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:CIO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Central Iron Ore Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CIO Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.01
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Central Iron Ore will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Central Iron Ore's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Central Iron Ore has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CIO Past Performance

  How has Central Iron Ore performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Central Iron Ore's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Central Iron Ore has delivered over 20% year on year earnings growth in the past 5 years.
  • Central Iron Ore's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Central Iron Ore's 1-year earnings growth is negative, it can't be compared to the CA Metals and Mining industry average.
Earnings and Revenue History
Central Iron Ore's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Central Iron Ore Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CIO Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.11 0.17 0.40
2018-09-30 0.11 0.74 0.44
2018-06-30 0.11 0.98 0.19
2018-03-31 0.67 0.18
2017-12-31 0.40 0.20
2017-09-30 -0.16 0.16
2017-06-30 -0.19 0.23
2017-03-31 0.35 0.08
2016-12-31 0.22 0.08
2016-09-30 0.11 0.08
2016-06-30 -0.05 0.08
2016-03-31 -0.89 0.16
2015-12-31 -0.76 0.16
2015-09-30 -0.71 0.20
2015-06-30 -0.35 0.22
2015-03-31 -0.49 0.19
2014-12-31 -0.47 0.21
2014-09-30 -0.45 0.17
2014-06-30 -0.71 0.16
2014-03-31 -0.79 0.18
2013-12-31 -0.90 0.23
2013-09-30 -1.20 0.55
2013-06-30 -1.46 0.81
2013-03-31 -1.16 1.03
2012-12-31 -1.46 1.31
2012-09-30 -1.40 1.30
2012-06-30 -1.29 1.17
2012-03-31 -1.38 1.18

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Central Iron Ore has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Central Iron Ore used its assets less efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • It is difficult to establish if Central Iron Ore improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Central Iron Ore's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Central Iron Ore has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CIO Health

 How is Central Iron Ore's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Central Iron Ore's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Central Iron Ore is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Central Iron Ore has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Central Iron Ore's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Central Iron Ore Company Filings, last reported 2 months ago.

TSXV:CIO Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3.10 0.68 1.43
2018-09-30 3.13 0.68 1.85
2018-06-30 3.32 0.68 0.45
2018-03-31 3.17 0.64 0.58
2017-12-31 2.94 0.64 0.42
2017-09-30 2.39 0.56 0.03
2017-06-30 2.35 0.46 0.02
2017-03-31 2.50 0.41 0.05
2016-12-31 2.53 0.30 0.03
2016-09-30 2.55 0.24 0.04
2016-06-30 2.54 0.16 0.05
2016-03-31 2.15 0.16 0.07
2015-12-31 2.32 0.16 0.14
2015-09-30 2.44 0.16 0.04
2015-06-30 2.59 0.16 0.09
2015-03-31 3.05 0.16 0.11
2014-12-31 3.08 0.16 0.26
2014-09-30 3.16 0.16 0.08
2014-06-30 2.94 0.25 0.02
2014-03-31 3.65 0.16 0.05
2013-12-31 3.66 0.16 0.07
2013-09-30 3.78 0.17 0.13
2013-06-30 3.64 0.16 0.23
2013-03-31 4.33 0.16 0.32
2012-12-31 4.45 0.14 0.56
2012-09-30 4.80 0.00 1.23
2012-06-30 5.10 0.00 1.65
2012-03-31 5.49 0.00 2.06
  • Central Iron Ore's level of debt (21.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (4.5% vs 21.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 19.8x coverage).
X
Financial health checks
We assess Central Iron Ore's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Central Iron Ore has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CIO Dividends

 What is Central Iron Ore's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Central Iron Ore dividends.
If you bought CA$2,000 of Central Iron Ore shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Central Iron Ore's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Central Iron Ore's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CIO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Central Iron Ore has not reported any payouts.
  • Unable to verify if Central Iron Ore's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Central Iron Ore's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Central Iron Ore has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Central Iron Ore's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Central Iron Ore afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Central Iron Ore has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CIO Management

 What is the CEO of Central Iron Ore's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brett Hodgins
COMPENSATION A$398,554
AGE 45
TENURE AS CEO 8.1 years
CEO Bio

Mr. Brett James Hodgins, BSc (Hons), Grad Dip FINSIA, has been the Chief Executive Officer and President of Central Iron Ore Limited since February 2011. He has been Technical Director of Redstone Resources Limited since November 29, 2013. Mr. Hodgins served as Geological Consultant of Equatorial Resources Limited. Mr. Hodgins served as General Manager of Project Development at Iron Ore Holdings Limited until April 17, 2010 and served as its Manager of Project Development. He has 15 years of professional experience in the resources sector primarily focused on iron ore mining operations. He began his career as a geologist with Robe River Iron Ore and Rio Tinto Iron Ore. During that time, he was involved with the commissioning and development of the West Angelas and Hope Downs operations. He has wide range of experience in operations and feasibility studies and has a broad knowledge of the iron ore sector. Mr. Hodgins has been a Director of Central Iron Ore Limited since October 27, 2010. He has been a Director of Redstone Resources Limited since November 29, 2013. He has completed a Science Degree with Honours in Geology from Newcastle University. He has also completed a Graduate Diploma in Finance and Investment from Financial Services Institute of Australasia (FINSIA).

CEO Compensation
  • Brett's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Brett's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Central Iron Ore management team in years:

7.6
Average Tenure
  • The average tenure for the Central Iron Ore management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Brett Hodgins

TITLE
President
COMPENSATION
A$399K
AGE
45
TENURE
8.1 yrs

David Deitz

TITLE
Chief Financial Officer
COMPENSATION
A$28K
TENURE
5.4 yrs

Hugh Pinniger

TITLE
Chief Operating Officer
TENURE
8.1 yrs

Katherine Garvey

TITLE
Chief Information Officer & Company Secretary
TENURE
7.2 yrs
Board of Directors Tenure

Average tenure and age of the Central Iron Ore board of directors in years:

8.1
Average Tenure
48
Average Age
  • The tenure for the Central Iron Ore board of directors is about average.
Board of Directors

Richard Homsany

TITLE
Chairman of the Board
COMPENSATION
A$3K
AGE
48
TENURE
8.1 yrs

Brett Hodgins

TITLE
President
COMPENSATION
A$399K
AGE
45
TENURE
8.4 yrs

Tony Howland-Rose

TITLE
Non-Executive Director
AGE
79
TENURE
7.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Central Iron Ore's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Central Iron Ore has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CIO News

Simply Wall St News

Can You Imagine How Central Iron Ore's (CVE:CIO) Shareholders Feel About The 67% Share Price Increase?

To wit, the Central Iron Ore share price has climbed 67% in five years, easily topping the market return of 5.2% (ignoring dividends). … When it reported in December 2018 Central Iron Ore had minimal net cash consider its expenditure: just AU$25k to be specific. … You can click on the image below to see (in greater detail) how Central Iron Ore's cash and debt levels have changed over time.

Simply Wall St -

What is Behind Central Iron Ore Limited's (CVE:CIO) Superior ROE?

Our data shows Central Iron Ore has a return on equity of 21% for the last year. … Another way to think of that is that for every CA$1 worth of equity in the company, it was able to earn CA$0.21. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Investors Should Know About Central Iron Ore Limited's (CVE:CIO) Financial Strength

While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is Central Iron Ore Limited's (CVE:CIO) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Central Iron Ore Limited (CVE:CIO) with its market cap of CA$1.09m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Central Iron Ore Limited (CVE:CIO): Time For A Financial Health Check

How does CIO’s operating cash flow stack up against its debt? … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … This indicates room for improvement as its cash flow covers less than a quarter of its borrowings, which means its operating efficiency could be better.

Simply Wall St -

What You Must Know About Central Iron Ore Limited's (CVE:CIO) Major Investors

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into CIO's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: A relatively low shareholding by company insider could indicate potential misalignment of interest.

Simply Wall St -

Should You Be Holding Central Iron Ore Limited (CVE:CIO) Right Now?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Central Iron Ore has a beta of 2.59, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what CIO’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Does Central Iron Ore Limited's (CVE:CIO) PE Ratio Warrant A Buy?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CIO Price per share = A$0.02 Earnings per share = A$0.006 ∴ Price-Earnings Ratio = A$0.02 ÷ A$0.006 = 3.7x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you are inadvertently comparing lower risk firms with CIO, then CIO’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price. … If this assumption does not hold true, CIO’s lower P/E ratio may be because firms in our peer group are being overvalued by the market.

Simply Wall St -

With An ROE Of 13.72%, Has Central Iron Ore Limited's (CVE:CIO) Management Done Well?

See our latest analysis for Central Iron Ore Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) is a measure of Central Iron Ore’s profit relative to its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Central Iron Ore’s equity capital deployed. … Central Iron Ore’s above-industry ROE is noteworthy, but it was not high enough to cover its own cost of equity.

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Is Central Iron Ore Limited's (CVE:CIO) Balance Sheet Strong Enough To Weather A Storm?

With this growth in debt, CIO's cash and short-term investments stands at AU$24.73K for investing into the business. … Moving onto cash from operations, its trivial cash flows from operations make the cash-to-debt ratio less useful to us, though these low levels of cash means that operational efficiency is worth a look. … CIO's risk around capital structure is low, and the company has the headroom and ability to raise debt should it need to in the future.Next Steps: CIO’s low debt is also met with low coverage.

Simply Wall St -

CIO Company Info

Description

Central Iron Ore Limited focuses on the exploration and development of gold projects in Western Australia. The company was formerly known as International Gold Mining Limited and changed its name to Central Iron Ore Limited in January 2010. Central Iron Ore Limited was incorporated in 1996 and is headquartered in Sydney, Australia.

Details
Name: Central Iron Ore Limited
CIO
Exchange: TSXV
Founded: 1996
CA$1,817,768
72,710,741
Website: http://www.centralironorelimited.com
Address: Central Iron Ore Limited
49-51 York Street,
Suite 1,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CIO Ordinary Shares TSX Venture Exchange CA CAD 03. Jun 2004
Number of employees
Current staff
Staff numbers
0
Central Iron Ore employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:03
End of day share price update: 2019/03/13 00:00
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.