Collins Foods
Market Cap
€716.2m
Last Updated
2019/12/08 21:26 UTC
Data Sources
Company Financials +
Executive Summary
Collins Foods Limited operates, manages, and administers restaurants in Australia, Europe, and Asia.
Snowflake Analysis
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has Collins Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6CF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.5%
6CF
-5.6%
DE Hospitality
-0.3%
DE Market
1 Year Return
36.8%
6CF
-4.8%
DE Hospitality
14.9%
DE Market
Return vs Industry: 6CF exceeded the German Hospitality industry which returned -4.8% over the past year.
Return vs Market: 6CF exceeded the German Market which returned 14.9% over the past year.
Shareholder returns
| 6CF | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | -5.6% | -0.3% |
| 30 Day | -4.1% | -2.2% | -0.1% |
| 90 Day | 4.6% | 18.4% | 7.1% |
| 1 Year | 39.9%36.8% | 1.6%-4.8% | 18.5%14.9% |
| 3 Year | 45.4%32.6% | 2.5%-11.3% | 20.0%9.5% |
| 5 Year | 385.8%314.3% | 9.7%-11.4% | 38.0%19.3% |
Price Volatility Vs. Market
How volatile is Collins Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Collins Foods undervalued compared to its fair value and its price relative to the market?
29.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6CF (€5.8) is trading above our estimate of fair value (€2.17)
Significantly Below Fair Value: 6CF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6CF is good value based on its PE Ratio (29.6x) compared to the Hospitality industry average (32.3x).
PE vs Market: 6CF is poor value based on its PE Ratio (29.6x) compared to the German market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: 6CF is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: 6CF is overvalued based on its PB Ratio (3.1x) compared to the DE Hospitality industry average (2.5x).
Next Steps
Future Growth
How is Collins Foods forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
18.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6CF's forecast earnings growth (18.3% per year) is above the savings rate (-0.4%).
Earnings vs Market: 6CF's earnings (18.3% per year) are forecast to grow faster than the German market (13% per year).
High Growth Earnings: 6CF's earnings are forecast to grow, but not significantly.
Revenue vs Market: 6CF's revenue (9% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: 6CF's revenue (9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6CF's Return on Equity is forecast to be low in 3 years time (14%).
Next Steps
Past Performance
How has Collins Foods performed over the past 5 years?
32.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6CF has high quality earnings.
Growing Profit Margin: 6CF's current net profit margins (4%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 6CF has become profitable over the past 5 years, growing earnings by 32% per year.
Accelerating Growth: 6CF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6CF had negative earnings growth (-7.9%) over the past year, making it difficult to compare to the Hospitality industry average (-34.8%).
Return on Equity
High ROE: 6CF's Return on Equity (10.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Collins Foods's financial position?
Financial Position Analysis
Short Term Liabilities: 6CF's short term assets (A$90.4M) do not cover its short term liabilities (A$122.1M).
Long Term Liabilities: 6CF's short term assets (A$90.4M) do not cover its long term liabilities (A$647.7M).
Debt to Equity History and Analysis
Debt Level: 6CF's debt to equity ratio (82.8%) is considered high.
Reducing Debt: 6CF's debt to equity ratio has reduced from 102.5% to 82.8% over the past 5 years.
Debt Coverage: 6CF's debt is well covered by operating cash flow (39.9%).
Interest Coverage: 6CF's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Inventory Level: 6CF has a high level of physical assets or inventory.
Debt Coverage by Assets: 6CF's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Collins Foods's current dividend yield, its reliability and sustainability?
2.07%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 6CF's dividend (2.07%) is higher than the bottom 25% of dividend payers in the German market (1.37%).
High Dividend: 6CF's dividend (2.07%) is low compared to the top 25% of dividend payers in the German market (3.57%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6CF has been paying a dividend for less than 10 years.
Growing Dividend: 6CF's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.4%), 6CF's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 6CF's dividends in 3 years are forecast to be covered by earnings (50.5% payout ratio).
Next Steps
Management
What is the CEO of Collins Foods's salary, the management and board of directors tenure and is there insider trading?
2.7yrs
Average management tenure
CEO
Graham Maxwell 0
5.3yrs
Tenure
AU$1,528,128
Compensation
Mr. Graham Maxwell has been the Chief Executive Officer of Collins Foods Limited since September 29, 2014 and has been its Managing Director since March 25, 2015. Mr. Maxwell is an experienced senior execu ...
CEO Compensation Analysis
Compensation vs Market: Graham's total compensation ($USD1.05M) is about average for companies of similar size in the German market ($USD1.17M).
Compensation vs Earnings: Graham's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
2.7yrs
Average Tenure
Experienced Management: 6CF's management team is considered experienced (2.7 years average tenure).
Board Age and Tenure
8.5yrs
Average Tenure
67yo
Average Age
Experienced Board: 6CF's board of directors are considered experienced (8.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 151,897 |
| Max Price | AU$4.05 |
| Entity | Company |
| Shares | 556,621 |
| Max Price | AU$4.35 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Director |
| Shares | 120,000 |
| Max Price | AU$5.08 |
| Entity | Company |
| Shares | 44,090 |
| Max Price | AU$4.14 |
| Entity | Company |
| Shares | 67,719 |
| Max Price | AU$4.43 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Director |
| Shares | 42,234 |
| Max Price | AU$3.91 |
| Entity | Individual |
| Role | Chief Executive Officer MD, CEO & Director |
| Shares | 34,221 |
| Max Price | AU$4.27 |
| Entity | Company |
| Shares | 515,092 |
| Max Price | AU$3.98 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 5,000 |
| Max Price | AU$4.27 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Drew O’Malley
Chief Operating Officer
- Tenure: 2.1yrs
- Compensation: AU$847.89k
Newman Manion
Executive Director
- Tenure: 8.5yrs
- Compensation: AU$226.98k
Graham Maxwell
MD, CEO & Director
- Tenure: 5.3yrs
- Compensation: AU$1.53m
Frances Finucan
Company Secretary
- Tenure: 6.4yrs
Dawn Linaker
Chief People Officer
- Tenure: 2.6yrs
- Compensation: AU$589.94k
Nigel Williams
Group Chief Financial Officer
- Tenure: 4.6yrs
- Compensation: AU$924.80k
Mark van 't Loo
Chief Executive Officer – Collins Foods Europe
- Tenure: 2.8yrs
- Compensation: AU$509.59k
Tony Van Ark
Chief Development Officer
- Tenure: 0.9yrs
Board Members
Kevin William Perkins (67yo)
Non Executive Director
- Tenure: 8.4yrs
- Compensation: AU$115.00k
Bronwyn Morris (64yo)
Independent Non-Executive Director
- Tenure: 8.5yrs
- Compensation: AU$127.50k
Russell Tate (70yo)
Independent Non-Executive Director
- Tenure: 8.5yrs
- Compensation: AU$116.55k
Newman Manion
Executive Director
- Tenure: 8.5yrs
- Compensation: AU$226.98k
Robert Kaye
Independent Non-Executive Chairman
- Tenure: 4.8yrs
- Compensation: AU$210.00k
Graham Maxwell
MD, CEO & Director
- Tenure: 5.3yrs
- Compensation: AU$1.53m
Company Information
Collins Foods Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Collins Foods Limited
- Ticker: 6CF
- Exchange: DB
- Founded: 1968
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: AU$1.159b
- Listing Market Cap: AU$716.161m
- Shares outstanding: 116.58m
- Website: https://www.collinsfoods.com
Number of Employees
Location
- Collins Foods Limited
- 485 Kingsford Smith Drive
- Level 3
- Hamilton
- Queensland
- 4007
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CKF | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Aug 2011 |
| 6CF | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Aug 2011 |
| CKF | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Aug 2011 |
Biography
Collins Foods Limited operates, manages, and administers restaurants in Australia, Europe, and Asia. It operates through KFC Restaurants Australia, KFC Restaurants Europe, Sizzler Restaurants, and Other se ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 21:26 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/10/13 |
| Annual Earnings | 2019/04/28 |
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.