AIM:CPX

Stock Analysis Report

Executive Summary

CAP-XX Limited, together with its subsidiaries, develops, manufactures, and sells supercapacitors primarily in the Asia Pacific, Europe, and North America.

Risk Analysis

Earnings have declined by -3% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

+ 2 more risks


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has CAP-XX's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CPX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

14.5%

CPX

1.6%

GB Electronic

1.4%

GB Market


1 Year Return

-59.0%

CPX

22.7%

GB Electronic

12.4%

GB Market

Return vs Industry: CPX underperformed the UK Electronic industry which returned 21.7% over the past year.

Return vs Market: CPX underperformed the UK Market which returned 12.7% over the past year.


Shareholder returns

CPXIndustryMarket
7 Day14.5%1.6%1.4%
30 Day25.0%1.1%1.8%
90 Day-5.1%14.7%8.8%
1 Year-59.0%-59.0%24.7%22.7%18.3%12.4%
3 Year-58.9%-58.9%64.0%56.4%23.8%8.0%
5 Year80.7%80.7%119.9%101.7%41.8%8.9%

Price Volatility Vs. Market

How volatile is CAP-XX's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CAP-XX undervalued compared to its fair value and its price relative to the market?

3.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CPX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CPX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CPX is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: CPX is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CPX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CPX is overvalued based on its PB Ratio (3.7x) compared to the GB Electronic industry average (2.4x).


Next Steps

Future Growth

How is CAP-XX forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.0%

Forecasted Tech 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 CAP-XX 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.


Next Steps

Past Performance

How has CAP-XX performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CPX is currently unprofitable.

Growing Profit Margin: CPX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CPX is unprofitable, and losses have increased over the past 5 years at a rate of -3% per year.

Accelerating Growth: Unable to compare CPX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CPX is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-20.7%).


Return on Equity

High ROE: CPX has a negative Return on Equity (-45.79%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is CAP-XX's financial position?


Financial Position Analysis

Short Term Liabilities: CPX's short term assets (A$6.8M) exceed its short term liabilities (A$1.5M).

Long Term Liabilities: CPX's short term assets (A$6.8M) exceed its long term liabilities (A$52.8K).


Debt to Equity History and Analysis

Debt Level: CPX is debt free.

Reducing Debt: CPX had no debt 5 years ago.


Balance Sheet

Inventory Level: CPX has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CPX's debt is covered by short term assets.


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: CPX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CPX has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.6% each year


Next Steps

Dividend

What is CAP-XX's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.8%markettop25%5.0%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CPX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CPX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CPX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CPX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CPX's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

What is the CEO of CAP-XX's salary, the management and board of directors tenure and is there insider trading?

AU$582k

CEO Compensation


CEO

Anthony Kongats (61yo)

0yrs

Tenure

AU$581,965

Compensation

Mr. Anthony Kongats founded Cap-XX Limited in 1997 and serves as its Chief Executive Officer. Mr. Kongats serves as Managing Director of Cap-XX Limited. Prior to CAP-XX, Mr. Kongats served as managing dire ...


CEO Compensation Analysis

Compensation vs Market: Anthony's total compensation ($USD401.63K) is about average for companies of similar size in the UK market ($USD326.78K).

Compensation vs Earnings: Anthony's compensation has been consistent with company performance over the past year.


Insider Trading

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 been diluted in the past year, with total shares outstanding growing by 5.9%.


Management Team

  • Anthony Kongats (61yo)

    Founder

    • Compensation: AU$581.97k
  • Jeff Colton

    Executive Vice President of USA

    • Bob Buckingham

      Company Secretary

      • Mike Taylor (56yo)

        CFO, COO & Co-Company Secretary

        • Tenure: 11.2yrs

      Board Members

      • Anthony Kongats (61yo)

        Founder

        • Compensation: AU$581.97k
      • Pat Dymock Elliott (67yo)

        Non-Executive Chairman

        • Compensation: AU$123.80k
      • Warren King

        Chairman of the Scientific Advisory Board

        • Bruce Grey (73yo)

          Non-Executive Director

          • Tenure: 7.4yrs
          • Compensation: AU$123.80k
        • Calum Drummond

          Member of the Scientific Advisory Board

          • Doug MacFarlane

            Member of the Scientific Advisory Board

            • Ezio Rizzardo

              Member of the Scientific Advisory Board

              • David McKenzie

                Member of Scientific Advisory Board

                Company Information

                CAP-XX Limited's company bio, employee growth, exchange listings and data sources


                Key Information

                • Name: CAP-XX Limited
                • Ticker: CPX
                • Exchange: AIM
                • Founded: 1997
                • Industry: Electronic Components
                • Sector: Tech
                • Market Cap: UK£16.439m
                • Shares outstanding: 438.38m
                • Website: https://www.cap-xx.com

                Location

                • CAP-XX Limited
                • 12 Mars Road
                • Unit 9
                • Lane Cove
                • New South Wales
                • 2066
                • Australia

                Listings

                TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
                CPXAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPApr 2006

                Biography

                CAP-XX Limited, together with its subsidiaries, develops, manufactures, and sells supercapacitors primarily in the Asia Pacific, Europe, and North America. The company provides supercapacitors for the use in wireless applications, such as wireless sensor networks, ruggedized PDAs, mobile phones, and PCMCIA and compact flash products; and consumer product applications, including eBooks, toys, converged handhelds, digital music players, notebook PCs, and digital still cameras. It also offers supercapacitors for automotive, location tracking and medical device, metering, telemetry units, and industrial handheld terminal applications. In addition, the company provides supercapacitors for use in clean energy applications, such as energy harvesting and micro-hybrid vehicles. The company was formerly known as Energy Storage Systems Pty Limited and changed its name to CAP-XX Limited. CAP-XX Limited was founded in 1997 and is headquartered in Lane Cove, Australia. 


                Company Analysis and Financial Data Status

                All financial data provided by Standard & Poor's Capital IQ.
                DataLast Updated (UTC time)
                Company Analysis2020/01/19 20:54
                End of Day Share Price2020/01/17 00:00
                Earnings2019/06/30
                Annual Earnings2019/06/30


                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.