NZSE:CGF

Stock Analysis Report

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Executive Summary

Cooks Global Foods Limited, together with its subsidiaries, operates in the food and beverage industry.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Cooks Global Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-5.1%

CGF

0.9%

NZ Consumer Retailing

3.4%

NZ Market


1 Year Return

-30.0%

CGF

4.7%

NZ Consumer Retailing

1.3%

NZ Market

Return vs Industry: CGF underperformed the NZ Consumer Retailing industry which returned 4.7% over the past year.

Return vs Market: CGF underperformed the NZ Market which returned 1.3% over the past year.


Shareholder returns

CGFIndustryMarket
7 Day-5.1%0.9%3.4%
30 Day-3.4%-1.2%2.6%
90 Day24.4%2.6%17.9%
1 Year-30.0%-30.0%6.8%4.7%6.0%1.3%
3 Year-28.2%-28.2%31.6%22.8%42.8%21.1%
5 Year-60.0%-60.0%36.5%21.2%96.4%43.8%

Price Volatility Vs. Market

How volatile is Cooks Global Foods's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cooks Global Foods undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Cooks Global Foods is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Cooks Global Foods has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of CGF’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Cooks Global Foods regulatory filings.
  • Explore potentially undervalued companies in the Consumer Retailing industry.

Future Growth

How is Cooks Global Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted Consumer Retailing 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 Cooks Global Foods 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 Cooks Global Foods performed over the past 5 years?

6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CGF is currently unprofitable.

Growing Profit Margin: CGF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CGF is unprofitable, but has reduced losses over the past 5 years at a rate of 6.4% per year.

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

Earnings vs Industry: CGF is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (7%).


Return on Equity

High ROE: CGF's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Cooks Global Foods's financial position?


Financial Position Analysis

Short Term Liabilities: CGF has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CGF has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CGF has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CGF's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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

Forecast Cash Runway: CGF has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.1% each year.


Next Steps

Dividend

What is Cooks Global Foods's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if CGF'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 CGF's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Graeme Jackson

no data

Tenure

NZ$180,000

Compensation

Mr. Graeme Keith Jackson serves as an Executive Chairman and Chief Executive Officer at Cooks Global Foods Limited. Mr. Jackson served as the Chairman of the Board for Cooks Food Group Limited. He has been ...


CEO Compensation Analysis

Compensation vs Market: Graeme's total compensation ($USD117.54K) is below average for companies of similar size in the NZ market ($USD384.16K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Graeme Jackson
Executive Chairman & CEOno dataNZ$180.00k9.3% NZ$3.3m
Richard Chew
Chief Financial Officer0.75yrno datano data
Alison Shackell
Human Resources Managerno datano datano data
Shuxin Zhang
Managing Director of Chinano datano data1.44% NZ$504.8k
Tony McVerry
Managing Director of Ireland & Europe5yrsno datano data
Neil Butler
Managing Director of Progressive Processors5yrsno data0.13% NZ$46.7k
Aiden Keegan
Chief Executive Officer of Great Britain1.5yrsno datano data

3.3yrs

Average Tenure

Experienced Management: CGF's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Graeme Jackson
Executive Chairman & CEOno dataNZ$180.00k9.3% NZ$3.3m
Michael George Hutcheson
Non-Executive Independent Director6.75yrsNZ$40.00k0.16% NZ$55.3k
Peihuan Wang
Independent Non-Executive Director4.25yrsno datano data
Qiang Kui
Director1.42yrsno datano data
Paul Valentine Elliott
Independent Non-Executive Director1.17yrsno datano data

2.8yrs

Average Tenure

Experienced Board: CGF's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.3%.


Top Shareholders

Company Information

Cooks Global Foods Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cooks Global Foods Limited
  • Ticker: CGF
  • Exchange: NZSE
  • Founded: 2008
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: NZ$35.159m
  • Shares outstanding: 627.83m
  • Website: https://www.cooksglobalfoods.com

Number of Employees


Location

  • Cooks Global Foods Limited
  • 3 City Road
  • Level 5
  • Auckland
  • 1010
  • New Zealand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CGFNZSE (New Zealand Stock Exchange)YesOrdinary SharesNZNZDOct 2013

Biography

Cooks Global Foods Limited, together with its subsidiaries, operates in the food and beverage industry. It operates through Esquires Franchising & Retail, and Supply segments. The company operates and franchises Esquires Coffee Houses in Canada, Romania, Portugal, Bahrain, Jordan, Kuwait, Saudi Arabia, the United Arab Emirates, Pakistan, and Indonesia. It also operates the Scarborough Fair and Grounded Responsible Coffee; and supplies tea/coffee/beverages and fresh produce. In addition, the company engages in holding intellectual property, and the store and office lease holding business, as well as the provision of nominee and retail designing services. Cooks Global Foods Limited was incorporated in 2008 and is based in Auckland, New Zealand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 10:36
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.