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Clean TeQ Holdings

DB:4CQ
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4CQ
DB
A$254M
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

Clean TeQ Holdings Limited, together with its subsidiaries, provides metals recovery and industrial water treatment services primarily in Australia. The last earnings update was 59 days ago. More info.


Add to Portfolio Compare Print
  • Clean TeQ Holdings has significant price volatility in the past 3 months.
4CQ Share Price and Events
7 Day Returns
-3.7%
DB:4CQ
1.5%
DE Commercial Services
1.8%
DE Market
1 Year Returns
-66.8%
DB:4CQ
-8.1%
DE Commercial Services
-6%
DE Market
4CQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Clean TeQ Holdings (4CQ) -3.7% 12.9% -26.6% -66.8% - -
DE Commercial Services 1.5% 1.7% 10.8% -8.1% 1.3% -41%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • 4CQ underperformed the Commercial Services industry which returned -8.1% over the past year.
  • 4CQ underperformed the Market in Germany which returned -6% over the past year.
Price Volatility
4CQ
Industry
5yr Volatility vs Market

Value

 Is Clean TeQ Holdings 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 Clean TeQ Holdings. This is due to cash flow or dividend data being unavailable. The share price is €0.21.
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 Clean TeQ Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Clean TeQ Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:4CQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$-0.02
ASX:CLQ Share Price ** ASX (2019-04-18) in AUD A$0.34
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.52x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

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

** Primary Listing of Clean TeQ Holdings.

DB:4CQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CLQ Share Price ÷ EPS (both in AUD)

= 0.34 ÷ -0.02

-13.89x

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

  • Clean TeQ Holdings is loss making, we can't compare its value to the Europe Commercial Services industry average.
  • Clean TeQ Holdings is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Clean TeQ Holdings's expected growth come at a high price?
Raw Data
DB:4CQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
15.6%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 1.39x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*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 Clean TeQ Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Clean TeQ Holdings's assets?
Raw Data
DB:4CQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.33
ASX:CLQ Share Price * ASX (2019-04-18) in AUD A$0.34
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 2.03x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:4CQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CLQ Share Price ÷ Book Value per Share (both in AUD)

= 0.34 ÷ 0.33

1.03x

* Primary Listing of Clean TeQ Holdings.

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

  • Clean TeQ Holdings is good value based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Clean TeQ Holdings'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Clean TeQ Holdings has a total score of 1/6, 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.

Future Performance

 How is Clean TeQ Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

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
15.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Clean TeQ Holdings expected to grow at an attractive rate?
  • Clean TeQ Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Clean TeQ Holdings's earnings growth is expected to exceed the Germany market average.
  • Clean TeQ Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:4CQ Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:4CQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 15.6%
DB:4CQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -24.9%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*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
DB:4CQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:4CQ Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-06-30 1,918 85
2022-06-30 -52 -58
2021-06-30 4 -55 -75 1
2020-06-30 4 -21 -21 1
2019-06-30 4 -12 -15 1
DB:4CQ Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 8 -9 -17
2018-09-30 7 -8 -17
2018-06-30 6 -7 -16
2018-03-31 4 -7 -14
2017-12-31 2 -7 -12
2017-09-30 2 -4 -12
2017-06-30 2 -2 -12
2017-03-31 1 -2 -12
2016-12-31 1 -3 -11
2016-09-30 1 -3 -9
2016-06-30 1 -2 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Clean TeQ Holdings's earnings are expected to grow by 15.6% yearly, however this is not considered high growth (20% yearly).
  • Clean TeQ Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
DB:4CQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Clean TeQ Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4CQ Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-06-30
2022-06-30
2021-06-30 -0.06 -0.05 -0.08 2.00
2020-06-30 -0.02 -0.01 -0.03 2.00
2019-06-30 -0.02 -0.02 -0.02 2.00
DB:4CQ Past Financials Data
Date (Data in AUD Millions) EPS *
2018-12-31 -0.02
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.03
2016-12-31 -0.03
2016-09-30 -0.02
2016-06-30 -0.02

*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 Clean TeQ Holdings will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Clean TeQ Holdings'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Clean TeQ Holdings has a total score of 2/6, 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.

Past Performance

  How has Clean TeQ Holdings 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 Clean TeQ Holdings's growth in the last year to its industry (Commercial Services).
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.
  • Clean TeQ Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Clean TeQ Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Clean TeQ Holdings's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Clean TeQ Holdings'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 Clean TeQ Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:4CQ 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 8.13 -17.34 5.33
2018-09-30 7.05 -16.67 5.07
2018-06-30 5.97 -16.01 4.80
2018-03-31 3.70 -13.91 4.33
2017-12-31 2.07 -11.81 3.85
2017-09-30 1.84 -12.00 3.04
2017-06-30 1.61 -12.18 2.23
2017-03-31 1.06 -11.71 1.99
2016-12-31 0.51 -11.23 1.76
2016-09-30 0.98 -8.83 1.60
2016-06-30 1.45 -6.42 1.45
2015-12-31 1.74 -9.76 1.11
2015-09-30 1.27 -9.46 1.20
2015-06-30 0.79 -9.16 1.30
2014-12-31 -2.85 -6.48 1.37
2014-09-30 -0.75 -6.33 1.34
2014-06-30 1.35 -6.19 1.32
2013-12-31 11.06 -5.12 1.17
2013-09-30 10.74 -5.16 1.19
2013-06-30 10.42 -5.21 1.21
2012-12-31 11.49 -1.57 1.35
2012-09-30 11.76 -0.28 1.29
2012-06-30 12.04 1.00 1.24

*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.
  • It is difficult to establish if Clean TeQ Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Clean TeQ Holdings has efficiently used its assets last year compared to the Europe Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Clean TeQ Holdings 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 Clean TeQ Holdings'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 Commercial Services 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.
Clean TeQ Holdings has a total score of 0/6, 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.

Health

 How is Clean TeQ Holdings'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 Clean TeQ Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Clean TeQ Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Clean TeQ Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Clean TeQ Holdings'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.
  • High level of physical assets or inventory.
  • Clean TeQ Holdings has no debt, it does not need to be covered by short term assets.
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 Clean TeQ Holdings Company Filings, last reported 3 months ago.

DB:4CQ Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 245.57 0.00 117.42
2018-09-30 245.57 0.00 117.42
2018-06-30 252.16 0.00 152.64
2018-03-31 252.16 0.00 152.64
2017-12-31 106.92 2.95 41.84
2017-09-30 106.92 2.95 41.84
2017-06-30 113.38 2.85 88.86
2017-03-31 113.38 2.85 88.86
2016-12-31 34.58 2.76 15.47
2016-09-30 34.58 2.76 15.47
2016-06-30 22.73 2.68 7.23
2015-12-31 21.06 2.59 6.83
2015-09-30 21.06 2.59 6.83
2015-06-30 14.77 2.49 3.31
2014-12-31 14.11 4.08 3.51
2014-09-30 14.11 4.08 3.51
2014-06-30 11.08 4.10 2.54
2013-12-31 9.28 5.28 1.13
2013-09-30 9.28 5.28 1.13
2013-06-30 11.20 3.59 1.08
2012-12-31 13.84 1.06 0.58
2012-09-30 13.84 1.06 0.58
2012-06-30 15.75 0.07 1.45
  • Clean TeQ Holdings has no debt.
  • Clean TeQ Holdings has no debt compared to 5 years ago when it was 56.8%.
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.

  • Clean TeQ Holdings has sufficient cash runway for 1.6 years based on current free cash flow.
  • Clean TeQ Holdings has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 82.4% each year.
X
Financial health checks
We assess Clean TeQ Holdings'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. Clean TeQ Holdings has a total score of 6/6, 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.

Dividends

 What is Clean TeQ Holdings'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 Clean TeQ Holdings dividends. Estimated to be 0.37% next year.
If you bought €2,000 of Clean TeQ Holdings shares you are expected to receive €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 Clean TeQ Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Clean TeQ Holdings'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
DB:4CQ 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 3 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

DB:4CQ Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2023-06-30 0.01 1.00
2022-06-30 0.00 1.00
2021-06-30 0.00 2.00
2020-06-30 0.00 2.00
2019-06-30 0.00 2.00

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

  • Unable to perform a dividend volatility check as Clean TeQ Holdings has not reported any payouts.
  • Unable to verify if Clean TeQ Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Clean TeQ Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Clean TeQ Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Clean TeQ Holdings's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Clean TeQ Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Clean TeQ Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Clean TeQ Holdings 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.

Management

 What is the CEO of Clean TeQ Holdings'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
Sam Riggall
COMPENSATION A$651,450
AGE 46
TENURE AS CEO 4.4 years
CEO Bio

Mr. Sam Riggall, LLB (Hons), B.Comm., MBA, has been Managing Director and Chief Executive Officer of Clean TeQ Holdings Limited since April 24, 2017. Mr. Riggall served as the Executive Co-Chairman of the Board at Clean TeQ Holdings Limited from June 2013 to 2017 and its Chief Executive Officer from July 1, 2015 to 2017. Mr. Riggall served as the Managing Director of Syrah Resources Limited since May 25, 2017 until June 29, 2017. He served as Commercial Advisor at Kaizen Discovery Inc. since May 2, 2016 until April 13, 2017. He served as an Executive Vice President of Business Development and Strategic Planning at Turquoise Hill Resources Ltd. (Ivanhoe Mines Ltd) from October 2010 to April 18, 2012. He served as an Executive General Manager of Commercial at Inova Resources Limited (formerly, Ivanhoe Australia Limited) of Ivanhoe Mines Ltd. since February 12, 2010 and also its Executive Vice President. He served as an Interim Chief Executive Officer of Clean TeQ Holdings Limited from November 18, 2014 to July 1, 2015. He has significant experience working in many parts of the world, where he managed a number of government negotiations over mine development projects. He has a wide range of commercial and industry-specific skills. Mr. Riggall worked in a variety of commodity and functional roles within Rio Tinto Group, including industrial minerals, base metals, exploration, investment evaluation, business development and capital market transactions. He served with Rio Tinto for more than a decade in a variety of roles covering project generation and evaluation, business development and capital market transactions. He was Chief Negotiator for Rio Tinto for the Investment Agreement for the Oyu Tolgoi Project. He led the Rio Tinto team during the successful negotiations with the Mongolian government. He served as Non Executive Chairman of Clean TeQ Holdings Limited since July 06, 2013 until November 2014 and served as its Executive Chairman from June 6, 2013 to July 2013. He has been a Non Executive Director of Syrah Resources Limited since June 29, 2017. He served as a Director of Syrah Resources Limited since October 2, 2014 until June 29, 2017 and served as its Lead Independent Director since October 5, 2016 until February 03, 2017. He has been Director of Clean TeQ Holdings Limited since June 4, 2013. He serves as a Director of Oyu Tolgoi LLC. He served as a Director of Inova Resources Limited from May 27, 2010 to April 19, 2012. Mr. Riggall holds a Bachelor of Commerce and Bachelor of Laws (Hons) from University of Melbourne and a Masters of Business Administration from Melbourne Business School Rupert Murdoch Fellowship.

CEO Compensation
  • Sam's compensation has been consistent with company performance over the past year.
  • Sam's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Clean TeQ Holdings management team in years:

4.3
Average Tenure
46
Average Age
  • The tenure for the Clean TeQ Holdings management team is about average.
Management Team

Sam Riggall

TITLE
MD, CEO & Director
COMPENSATION
A$651K
AGE
46
TENURE
4.4 yrs

Peter Voigt

TITLE
Founder & Chief Technical Officer
AGE
66
TENURE
29.3 yrs

Ben Stockdale

TITLE
Chief Financial Officer
COMPENSATION
A$436K
TENURE
4.3 yrs

Tim Kindred

TITLE
Project & Start-Up Director
COMPENSATION
A$305K
TENURE
1.2 yrs

John Carr

TITLE
Executive General Manager of Sales & Marketing

Rae Wyatt

TITLE
General Manager of People & Culture
TENURE
1.3 yrs

Nickolai Zontov

TITLE
Principal Scientist
TENURE
19.3 yrs

Stephen Grocott

TITLE
Chief Technical Development Officer
TENURE
1.3 yrs

Melanie Leydin

TITLE
Company Secretary
COMPENSATION
A$96K
AGE
45
TENURE
7.8 yrs

Ross Dive

TITLE
MD & Executive Director of UV Guard Australia Pty Ltd
COMPENSATION
A$154K
Board of Directors Tenure

Average tenure and age of the Clean TeQ Holdings board of directors in years:

2.3
Average Tenure
57
Average Age
  • The average tenure for the Clean TeQ Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Robert Friedland

TITLE
Co-Chairman
COMPENSATION
A$128K
AGE
67
TENURE
2.6 yrs

Jiang Zhaobai

TITLE
Non-Executive Co-Chairman
COMPENSATION
A$128K
AGE
55
TENURE
1.8 yrs

Sam Riggall

TITLE
MD, CEO & Director
COMPENSATION
A$651K
AGE
46
TENURE
5.8 yrs

Ross Dive

TITLE
MD & Executive Director of UV Guard Australia Pty Ltd
COMPENSATION
A$154K

Ian Knight

TITLE
Independent Non-Executive Director
COMPENSATION
A$99K
TENURE
5.8 yrs

Mike Spreadborough

TITLE
Independent Non-Executive Director
COMPENSATION
A$325K
TENURE
2.3 yrs

Stef Loader

TITLE
Independent Non-Executive Director
COMPENSATION
A$96K
TENURE
1.8 yrs

Eric Finlayson

TITLE
Independent Non-Executive Director
COMPENSATION
A$92K
AGE
57
TENURE
3.6 yrs

Judith Downes

TITLE
Non-Executive Director
AGE
64
TENURE
0.5 yrs

Shawn Wang

TITLE
Non- Executive Director
TENURE
0.1 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 (€) Value (€)
03. Dec 18 Buy Stefanie Loader Individual 03. Dec 18 03. Dec 18 50,000 €0.28 €13,783
26. Nov 18 Buy Judith Downes Individual 26. Nov 18 26. Nov 18 357,290 €0.27 €95,687
10. Aug 18 Sell AustralianSuper Pty Ltd Company 05. Oct 17 07. Aug 18 -3,703,978 €1.09 €-4,032,994
10. Aug 18 Buy AustralianSuper Pty Ltd Company 11. Aug 17 07. Aug 18 15,302,109 €1.10 €16,857,380
04. Jul 18 Buy Robert Friedland Individual 03. Jul 18 03. Jul 18 696,178 €0.51 €352,775
01. Jul 18 Buy Robert Friedland Individual 25. Jun 18 29. Jun 18 1,385,830 €0.58 €804,397
08. May 18 Buy Stefanie Loader Individual 08. May 18 08. May 18 50,000 €0.63 €31,377
25. Apr 18 Buy FMR LLC Company 23. Apr 18 23. Apr 18 17,655,753 €0.72 €12,656,246
X
Management checks
We assess Clean TeQ Holdings'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. Clean TeQ Holdings 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.

News

Simply Wall St News

Company Info

Description

Clean TeQ Holdings Limited, together with its subsidiaries, provides metals recovery and industrial water treatment services primarily in Australia. It operates in two segments, Water and Metals. The Water segment offers Continuous Ionic Filtration and Macroporous Polymer Adsorption resin technologies to filter, separate, purify, and recycle polluted water for drinking, agricultural, recreational, or industrial uses. The Metals segment provides Clean-iX resin technology for the extraction and purification of a range of resources, including base and precious metals, as well as radioactive elements, such as uranium. This segment is also involved in the development of the Sunrise project in New South Wales. The company was founded in 1990 and is based in Notting Hill, Australia.

Details
Name: Clean TeQ Holdings Limited
4CQ
Exchange: DB
Founded: 1990
A$161,317,835
746,326,032
Website: http://www.cleanteq.com
Address: Clean TeQ Holdings Limited
21 Howleys Road,
Unit 12,
Notting Hill,
Victoria, 3168,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CLQ Ordinary Shares Australian Securities Exchange AU AUD 09. Nov 2007
OTCPK CTEQ.F Ordinary Shares Pink Sheets LLC US USD 09. Nov 2007
DB 4CQ Ordinary Shares Deutsche Boerse AG DE EUR 09. Nov 2007
TSX CLQ Ordinary Shares The Toronto Stock Exchange CA CAD 09. Nov 2007
CHIA CLQ Ordinary Shares Chi-X Australia AU AUD 09. Nov 2007
Number of employees
Current staff
Staff numbers
0
Clean TeQ Holdings employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:54
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/15
Last earnings filing: 2019/02/21
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.