NZSE:CRP

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Chatham Rock Phosphate

Market Cap

NZ$5.6m

Last Updated

2021/06/21 15:38 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has Chatham Rock Phosphate's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CRP is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CRP's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

5.8%

CRP

-5.4%

NZ Chemicals

-1.5%

NZ Market


1 Year Return

-20.5%

CRP

-5.0%

NZ Chemicals

11.1%

NZ Market

Return vs Industry: CRP underperformed the NZ Chemicals industry which returned -2.5% over the past year.

Return vs Market: CRP underperformed the NZ Market which returned 10.4% over the past year.


Shareholder returns

CRPIndustryMarket
7 Day5.8%-5.4%-1.5%
30 Day2.4%-1.5%-0.4%
90 Day-9.2%-8.8%-1.4%
1 Year-20.5%-20.5%-4.1%-5.0%14.2%11.1%
3 Year-52.6%-52.6%-27.3%-30.2%36.6%20.2%
5 Yearn/a-1.9%-10.2%83.0%40.9%

Long-Term Price Volatility Vs. Market

How volatile is Chatham Rock Phosphate's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chatham Rock Phosphate undervalued compared to its fair value and its price relative to the market?

0.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CRP is good value based on its PB Ratio (0.8x) compared to the XO Chemicals industry average (2.9x).


Future Growth

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

31.4%

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.


Past Performance

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

45.9%

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 45.9% 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 (24.9%).


Return on Equity

High ROE: CRP has a negative Return on Equity (-12.24%), as it is currently unprofitable.


Financial Health

How is Chatham Rock Phosphate's financial position?


Financial Position Analysis

Short Term Liabilities: CRP's short term assets (CA$200.8K) exceed its short term liabilities (CA$132.9K).

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 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: CRP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Dividend

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


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.


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 CRP'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?

4.3yrs

Average board tenure


CEO

Chris Castle (69 yo)

no data

Tenure

CA$123,984

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD99.39K) is below average for companies of similar size in the NZ market ($USD250.07K).

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


Board Members

Experienced Board: CRP's board of directors are considered experienced (4.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Chatham Rock Phosphate Limited
  • Ticker: CRP
  • Exchange: NZSE
  • Founded: 2004
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: NZ$5.593m
  • Shares outstanding: 43.70m
  • Website: https://www.rockphosphate.co.nz

Location

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

Listings


Biography

Chatham Rock Phosphate Limited operates as a junior mineral development company. It focuses on the development and exploitation of the Chatham Rise rock phosphate deposit, which comprises a mining permit c...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/21 15:38
End of Day Share Price2021/06/21 00:00
Earnings2020/12/31
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.