company background image
CMO

Colonial MotorNZSE:CMO Stock Report

Market Cap

NZ$361.3m

7D

-1.7%

1Y

27.1%

Updated

30 Nov, 2021

Data

Company Financials
CMO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

CMO Stock Overview

The Colonial Motor Company Limited, together with its subsidiaries, owns and operates franchised motor vehicle dealerships in New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Colonial Motor
Historical stock prices
Current Share PriceNZ$10.96
52 Week HighNZ$11.20
52 Week LowNZ$8.35
Beta1.02
1 Month Change3.49%
3 Month Change5.39%
1 Year Change27.15%
3 Year Change33.66%
5 Year Change56.57%
Change since IPO5,494.01%

Recent News & Updates

Aug 18
Colonial Motor's (NZSE:CMO) Dividend Will Be Increased To NZ$0.47

Colonial Motor's (NZSE:CMO) Dividend Will Be Increased To NZ$0.47

The Colonial Motor Company Limited ( NZSE:CMO ) will increase its dividend on the 4th of October to NZ$0.47, which is...

Aug 16
Is Colonial Motor (NZSE:CMO) Using Too Much Debt?

Is Colonial Motor (NZSE:CMO) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

May 29
Colonial Motor (NZSE:CMO) Might Be Having Difficulty Using Its Capital Effectively

Colonial Motor (NZSE:CMO) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

CMONZ Specialty RetailNZ Market
7D-1.7%-2.5%-1.4%
1Y27.1%30.7%-4.7%

Return vs Industry: CMO underperformed the NZ Specialty Retail industry which returned 30.7% over the past year.

Return vs Market: CMO exceeded the NZ Market which returned -4.7% over the past year.

Price Volatility

Is CMO's price volatile compared to industry and market?
CMO volatility
CMO Average Weekly Movement1.9%
Specialty Retail Industry Average Movement2.8%
Market Average Movement3.6%
10% most volatile stocks in NZ Market7.0%
10% least volatile stocks in NZ Market2.4%

Stable Share Price: CMO is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: CMO's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1859988Alexander Gibbonshttps://www.colmotor.co.nz

The Colonial Motor Company Limited, together with its subsidiaries, owns and operates franchised motor vehicle dealerships in New Zealand. The company operates 12 Ford motor vehicle dealerships, including 7 Mazda franchises. It also engages in the distribution and retail of Kenworth and DAF heavy duty trucks; and retails New Holland, Case IH, and Kubota tractors and equipment.

Colonial Motor Fundamentals Summary

How do Colonial Motor's earnings and revenue compare to its market cap?
CMO fundamental statistics
Market CapNZ$361.28m
Earnings (TTM)NZ$24.83m
Revenue (TTM)NZ$901.08m

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMO income statement (TTM)
RevenueNZ$901.08m
Cost of RevenueNZ$734.91m
Gross ProfitNZ$166.17m
ExpensesNZ$141.34m
EarningsNZ$24.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin18.44%
Net Profit Margin2.76%
Debt/Equity Ratio38.8%

How did CMO perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

72%

Payout Ratio

Valuation

Is Colonial Motor undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: CMO (NZ$10.96) is trading above our estimate of fair value (NZ$8.36)

Significantly Below Fair Value: CMO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate CMO's PE Ratio to determine if it is good value compared to the NZ Specialty Retail industry average.

PE vs Market: Insufficient data to calculate CMO's PE Ratio to determine if it is good value compared to the NZ market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate CMO's PB Ratio to determine if it is good value.


Future Growth

How is Colonial Motor forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

1.9%

Forecasted Retail 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 Colonial Motor 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 Colonial Motor performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMO has high quality earnings.

Growing Profit Margin: CMO's current net profit margins (2.8%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: CMO's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: CMO's earnings growth over the past year (13.8%) exceeds its 5-year average (1.8% per year).

Earnings vs Industry: CMO earnings growth over the past year (13.8%) underperformed the Specialty Retail industry 20%.


Return on Equity

High ROE: CMO's Return on Equity (9.9%) is considered low.


Financial Health

How is Colonial Motor's financial position?


Financial Position Analysis

Short Term Liabilities: CMO's short term assets (NZ$224.4M) exceed its short term liabilities (NZ$164.6M).

Long Term Liabilities: CMO's short term assets (NZ$224.4M) exceed its long term liabilities (NZ$17.3M).


Debt to Equity History and Analysis

Debt Level: CMO's net debt to equity ratio (33.3%) is considered satisfactory.

Reducing Debt: CMO's debt to equity ratio has reduced from 53.6% to 38.8% over the past 5 years.

Debt Coverage: CMO's debt is well covered by operating cash flow (23.3%).

Interest Coverage: CMO's interest payments on its debt are well covered by EBIT (14.9x coverage).


Balance Sheet


Dividend

What is Colonial Motor current dividend yield, its reliability and sustainability?

5.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CMO's dividend (5.02%) is higher than the bottom 25% of dividend payers in the NZ market (2.78%).

High Dividend: CMO's dividend (5.02%) is in the top 25% of dividend payers in the NZ market (5%)


Stability and Growth of Payments

Stable Dividend: CMO's dividend payments have been volatile in the past 10 years.

Growing Dividend: CMO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.4%), CMO's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.2yrs

Average management tenure


CEO

Alexander Gibbons

0.083

Tenure

Alexander P. Gibbons serves as Chief Executive Officer at The Colonial Motor Company Limited sicne October 1, 2021. Alexander P. Gibbons served as General Manager at The Colonial Motor Company Limited unti...


Leadership Team

Experienced Management: CMO's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: CMO's board of directors are considered experienced (7.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CMO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

The Colonial Motor Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: The Colonial Motor Company Limited
  • Ticker: CMO
  • Exchange: NZSE
  • Founded: 1859
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: NZ$361.276m
  • Shares outstanding: 32.69m
  • Website: https://www.colmotor.co.nz

Number of Employees


Location

  • The Colonial Motor Company Limited
  • 57 Courtenay Place
  • Level 6
  • Wellington
  • 6141
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:15
End of Day Share Price2021/11/30 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.