company background image
CRP

Chatham Rock Phosphate NZSE:CRP Stock Report

Last Price

NZ$0.34

Market Cap

NZ$28.6m

7D

-9.5%

1Y

161.7%

Updated

11 Aug, 2022

Data

Company Financials
CRP fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

CRP Stock Overview

Chatham Rock Phosphate Limited operates as a junior mineral development company.

Chatham Rock Phosphate Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chatham Rock Phosphate
Historical stock prices
Current Share PriceNZ$0.34
52 Week HighNZ$0.64
52 Week LowNZ$0.11
Beta0.62
1 Month Change-6.94%
3 Month Change11.67%
1 Year Change161.72%
3 Year Change45.65%
5 Year Change-49.24%
Change since IPO-33.66%

Recent News & Updates

Shareholder Returns

CRPNZ ChemicalsNZ Market
7D-9.5%0.8%0.1%
1Y161.7%10.8%-10.7%

Return vs Industry: CRP exceeded the NZ Chemicals industry which returned 10.8% over the past year.

Return vs Market: CRP exceeded the NZ Market which returned -10.7% over the past year.

Price Volatility

Is CRP's price volatile compared to industry and market?
CRP volatility
CRP Average Weekly Movement20.2%
Chemicals Industry Average Movement11.7%
Market Average Movement4.3%
10% most volatile stocks in NZ Market8.1%
10% least volatile stocks in NZ Market3.0%

Stable Share Price: CRP is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: CRP's weekly volatility has increased from 14% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aChris Castlehttps://www.rockphosphate.co.nz

Chatham Rock Phosphate Limited operates as a junior mineral development company. The company focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit covering an area of 820 square kilometers located to the east of Christchurch, New Zealand; and international phosphate projects. It also explores for phosphate on the French Polynesian island of Makatea.

Chatham Rock Phosphate Fundamentals Summary

How do Chatham Rock Phosphate's earnings and revenue compare to its market cap?
CRP fundamental statistics
Market CapCA$23.43m
Earnings (TTM)-CA$1.03m
Revenue (TTM)CA$5.33k

4,577x

P/S Ratio

-22.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRP income statement (TTM)
RevenueCA$5.33k
Cost of RevenueCA$0
Gross ProfitCA$5.33k
Other ExpensesCA$1.04m
Earnings-CA$1.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin100.00%
Net Profit Margin-19,395.66%
Debt/Equity Ratio0.0%

How did CRP perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CRP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CRP?

Other financial metrics that can be useful for relative valuation.

CRP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue4155.4x
Enterprise Value/EBITDA-21.5x
PEG Ration/a

Price to Book Ratio vs Peers

How does CRP's PB Ratio compare to its peers?

CRP PB Ratio vs Peers
The above table shows the PB ratio for CRP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.9x
MHM MHM Automation
4xn/aNZ$44.0m
ARB ArborGen Holdings
0.5x69.1%NZ$113.1m
NTL New Talisman Gold Mines
0.6xn/aNZ$6.4m
TGH Terragen Holdings
2.6xn/aAU$27.1m
CRP Chatham Rock Phosphate
3.3xn/aNZ$28.6m

Price-To-Book vs Peers: CRP is expensive based on its Price-To-Book Ratio (3.3x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does CRP's PE Ratio compare vs other companies in the Oceanian Chemicals Industry?

Price-To-Book vs Industry: CRP is expensive based on its Price-To-Book Ratio (3.3x) compared to the Oceanic Chemicals industry average (2.7x)


Price to Book Ratio vs Fair Ratio

What is CRP's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CRP PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio3.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate CRP's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CRP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CRP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CRP's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is Chatham Rock Phosphate forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.3%

Forecasted Materials 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 Chatham Rock Phosphate 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.


Discover growth companies

  • Examine Chatham Rock Phosphate's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Chatham Rock Phosphate competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Chatham Rock Phosphate performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CRP is currently unprofitable.

Growing Profit Margin: CRP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CRP is unprofitable, but has reduced losses over the past 5 years at a rate of 21.5% per year.

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

Earnings vs Industry: CRP is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-37.5%).


Return on Equity

High ROE: CRP has a negative Return on Equity (-14.6%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Chatham Rock Phosphate's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CRP's short term assets (CA$1.4M) exceed its short term liabilities (CA$1.0M).

Long Term Liabilities: CRP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CRP is debt free.

Reducing Debt: CRP has not had any debt for past 5 years.


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: CRP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CRP has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 13% each year.


Discover healthy companies

Dividend

What is Chatham Rock Phosphate current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate CRP'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 CRP's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CRP has not reported any payouts.


Discover strong dividend paying companies

Management

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

5.5yrs

Average management tenure


CEO

Chris Castle (70 yo)

5.5yrs

Tenure

CA$63,756

Compensation

Mr. Christopher David Castle, also known as Chris, BCA, ACA, CMInstD, CFIP, serves as the Chief Executive Officer, Managing Director and President at Chatham Rock Phosphate (NZ) Limited (formerly known as...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD49.95K) is below average for companies of similar size in the NZ market ($USD338.65K).

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


Leadership Team

Experienced Management: CRP's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: CRP's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CRP insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.8%.


Top Shareholders

Company Information

Chatham Rock Phosphate Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chatham Rock Phosphate Limited
  • Ticker: CRP
  • Exchange: NZSE
  • Founded: NaN
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: NZ$28.585m
  • Shares outstanding: 85.33m
  • Website: https://www.rockphosphate.co.nz

Location

  • Chatham Rock Phosphate Limited
  • 93 The Terrace
  • Level 1
  • Wellington
  • 6011
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/11 00:00
End of Day Share Price2022/08/11 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.