Channel Infrastructure NZ (NZSE:CHI) - Stock Price, News & Analysis

CHI Stock Overview

Provides infrastructure solutions to meet fuel and energy needs in New Zealand. More details

CHI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	3/6
Financial Health	0/6
Dividends	2/6

Rewards

Trading at 50.4% below our estimate of its fair value

Earnings are forecast to grow 16.61% per year

Earnings grew by 2.3% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 6.85% is not well covered by earnings or free cash flows

Channel Infrastructure NZ Limited Competitors

Cool

OB:CLCO

NOK 5.0b

Exmar

ENXTBR:EXM

€481.1m

BW Epic Kosan

OB:BWEK

NOK 3.9b

Rukun Raharja

IDX:RAJA

Rp8.9t

Price History & Performance

Summary of all time highs, changes and price drops for Channel Infrastructure NZ
Historical stock prices
Current Share Price	NZ$1.78
52 Week High	NZ$1.94
52 Week Low	NZ$1.39
Beta	0.66
11 Month Change	-0.56%
3 Month Change	5.33%
1 Year Change	19.46%
33 Year Change	104.60%
5 Year Change	-8.25%
Change since IPO	57.32%

Recent updates

Is New Zealand Refining (NZSE:NZR) Using Too Much Debt?

Mar 30

NZ$1.09: That's What Analysts Think The New Zealand Refining Company Limited (NZSE:NZR) Is Worth After Its Latest Results

Feb 19

What Type Of Shareholders Make Up The New Zealand Refining Company Limited's (NZSE:NZR) Share Registry?

Feb 03

How Much Did New Zealand Refining's(NZSE:NZR) Shareholders Earn From Share Price Movements Over The Last Five Years?

Dec 10

Shareholder Returns

	CHI	NZ Oil and Gas	NZ Market
7D	-0.6%	-0.7%	3.3%
1Y	19.5%	-21.9%	12.4%

Return vs Industry: CHI exceeded the NZ Oil and Gas industry which returned -21.9% over the past year.

Return vs Market: CHI exceeded the NZ Market which returned 12.4% over the past year.

Price Volatility

Is CHI's price volatile compared to industry and market?
CHI volatility
CHI Average Weekly Movement	3.4%
Oil and Gas Industry Average Movement	10.8%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	9.4%
10% least volatile stocks in NZ Market	3.1%

Stable Share Price: CHI has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: CHI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	n/a	Rob Buchanan	www.channelnz.com

Channel Infrastructure NZ Limited, together with its subsidiaries, provides infrastructure solutions to meet fuel and energy needs in New Zealand. The company engages in the fuels import terminal system, including jetty infrastructure at Marsden Point, storage tanks, and Marsden Point to Auckland pipeline; and Wiri land and terminal leases. It also provides fuel testing laboratory services.

Channel Infrastructure NZ Limited Fundamentals Summary

How do Channel Infrastructure NZ's earnings and revenue compare to its market cap?
CHI fundamental statistics
Market cap	NZ$681.16m
Earnings (TTM)	NZ$25.98m
Revenue (TTM)	NZ$136.13m

25.9x

P/E Ratio

4.9x

P/S Ratio

Is CHI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CHI income statement (TTM)
Revenue	NZ$136.13m
Cost of Revenue	NZ$18.54m
Gross Profit	NZ$117.60m
Other Expenses	NZ$91.61m
Earnings	NZ$25.98m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.069
Gross Margin	86.38%
Net Profit Margin	19.09%
Debt/Equity Ratio	67.5%

How did CHI perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

154%

Payout Ratio

CHI Stock Overview

Rewards

Risk Analysis

Channel Infrastructure NZ Limited Competitors

OB:CLCO

NOK 5.0b

ENXTBR:EXM

€481.1m

OB:BWEK

NOK 3.9b

IDX:RAJA

Rp8.9t

Price History & Performance

Recent News & Updates

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Consensus EPS estimates fall by 24%

Price target increased by 7.2% to NZ$1.89

First half dividend of NZ$0.044 announced

First half 2024 earnings released: EPS: NZ$0.034 (vs NZ$0.038 in 1H 2023)

Recent updates

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Channel Infrastructure NZ Limited has filed a Follow-on Equity Offering in the amount of NZD 5 million.

Consensus EPS estimates fall by 24%

Price target increased by 7.2% to NZ$1.89

First half dividend of NZ$0.044 announced

First half 2024 earnings released: EPS: NZ$0.034 (vs NZ$0.038 in 1H 2023)

Channel Infrastructure NZ Limited to Report First Half, 2024 Results on Aug 23, 2024

Consensus EPS estimates fall by 13%

High number of new directors

New major risk - Revenue and earnings growth

Upcoming dividend of NZ$0.078 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Final dividend of NZ$0.078 announced

Consensus EPS estimates fall by 39%

Channel Infrastructure NZ Limited, Annual General Meeting, Apr 30, 2024

Channel Infrastructure NZ Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Price target increased by 9.4% to NZ$1.72

Independent Chair recently bought NZ$130k worth of stock

Consensus EPS estimates fall by 13%

Upcoming dividend of NZ$0.049 per share at 5.3% yield

First half 2023 earnings released: EPS: NZ$0.038 (vs NZ$0.015 in 1H 2022)

Channel Infrastructure NZ Limited Announces Distribution for the Six Months Ended June 30, 2023, Payable on September 20, 2023

Channel Infrastructure NZ Limited to Report First Half, 2023 Results on Aug 23, 2023

Executive Officer exercised options and sold NZ$1.6m worth of stock

Chief Executive Officer recently bought NZ$100k worth of stock

Upcoming dividend of NZ$0.082 per share at 3.4% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Channel Infrastructure NZ Limited to Report Fiscal Year 2022 Results on Feb 24, 2023

Less than half of directors are independent

Channel Infrastructure Provides FFI Green Hydrogen Scoping Study Update

First half 2022 earnings released: EPS: NZ$0.015 (vs NZ$0.004 loss in 1H 2021)

Price target increased to NZ$1.31

Price target increased to NZ$1.20

Channel Infrastructure NZ American Depositary Receipts to Be Deleted from Other OTC

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues exceed analyst expectations

The New Zealand Refining Company Limited, Annual General Meeting, May 10, 2022

The New Zealand Refining Company Limited to Report Fiscal Year 2021 Results on Feb 23, 2022

Refining NZ Announces CFO Changes to Channel Infrastructure

Consensus forecasts updated

Consensus forecasts updated

Less than half of directors are independent

First half 2021 earnings released: NZ$0.016 loss per share (vs NZ$0.60 loss in 1H 2020)

Consensus forecasts updated

Price target increased to NZ$1.08

Consensus forecasts updated

Is New Zealand Refining (NZSE:NZR) Using Too Much Debt?

The New Zealand Refining Company Limited, Annual General Meeting, Jun 29, 2021

New 90-day low: NZ$0.45

NZ$1.09: That's What Analysts Think The New Zealand Refining Company Limited (NZSE:NZR) Is Worth After Its Latest Results

Full year 2020 earnings released: NZ$0.64 loss per share (vs NZ$0.013 profit in FY 2019)

Revenue beats expectations, earnings disappoint

Analysts update estimates

The New Zealand Refining Company Limited to Report Fiscal Year 2020 Results on Feb 17, 2021

What Type Of Shareholders Make Up The New Zealand Refining Company Limited's (NZSE:NZR) Share Registry?

New 90-day low: NZ$0.46

New 90-day low: NZ$0.53

How Much Did New Zealand Refining's(NZSE:NZR) Shareholders Earn From Share Price Movements Over The Last Five Years?

New 90-day low: NZ$0.59