Colonial Motor
Market Cap
NZ$279.2m
Last Updated
2021/01/16 06:02 UTC
Data Sources
Company Financials
Executive Summary
The Colonial Motor Company Limited, together with its subsidiaries, owns and operates franchised motor vehicle dealerships in New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with excellent balance sheet.
Share Price & News
How has Colonial Motor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CMO is less volatile than 75% of NZ stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CMO's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
CMO
0.9%
NZ Specialty Retail
-4.0%
NZ Market
1 Year Return
0.5%
CMO
-23.9%
NZ Specialty Retail
8.0%
NZ Market
Return vs Industry: CMO exceeded the NZ Specialty Retail industry which returned -23.9% over the past year.
Return vs Market: CMO underperformed the NZ Market which returned 8% over the past year.
Shareholder returns
| CMO | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | 0.9% | -4.0% |
| 30 Day | -0.5% | 2.5% | 2.7% |
| 90 Day | 1.8% | 15.7% | 7.3% |
| 1 Year | 5.3%0.5% | -5.4%-23.9% | 12.0%8.0% |
| 3 Year | 32.6%10.9% | 39.6%-2.6% | 54.1%33.7% |
| 5 Year | 113.3%55.3% | 111.3%31.5% | 110.3%59.5% |
Long-Term Price Volatility Vs. Market
How volatile is Colonial Motor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Investors Own Most Of The Colonial Motor Company Limited (NZSE:CMO)?3 weeks ago | Simply Wall St
Have Insiders Been Buying The Colonial Motor Company Limited (NZSE:CMO) Shares?1 month ago | Simply Wall St
Colonial Motor (NZSE:CMO) Has A Somewhat Strained Balance SheetValuation
Is Colonial Motor undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CMO (NZ$8.54) is trading below our estimate of fair value (NZ$77.32)
Significantly Below Fair Value: CMO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CMO is good value based on its PE Ratio (12.8x) compared to the NZ Specialty Retail industry average (17.2x).
PE vs Market: CMO is good value based on its PE Ratio (12.8x) compared to the NZ market (25.2x).
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: CMO is good value based on its PB Ratio (1.2x) compared to the NZ Specialty Retail industry average (2.7x).
Next Steps
Future Growth
How is Colonial Motor forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.2%
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.
Next Steps
- Examine whether Colonial Motor is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Colonial Motor competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Colonial Motor performed over the past 5 years?
2.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMO has high quality earnings.
Growing Profit Margin: CMO's current net profit margins (2.9%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: CMO's earnings have grown by 2.2% per year over the past 5 years.
Accelerating Growth: CMO's earnings growth over the past year (0.06%) is below its 5-year average (2.2% per year).
Earnings vs Industry: CMO earnings growth over the past year (0.06%) exceeded the Specialty Retail industry -0.1%.
Return on Equity
High ROE: CMO's Return on Equity (10%) is considered low.
Next Steps
Financial Health
How is Colonial Motor's financial position?
Financial Position Analysis
Short Term Liabilities: CMO's short term assets (NZ$200.5M) exceed its short term liabilities (NZ$137.9M).
Long Term Liabilities: CMO's short term assets (NZ$200.5M) exceed its long term liabilities (NZ$15.6M).
Debt to Equity History and Analysis
Debt Level: CMO's debt to equity ratio (40.4%) is considered high.
Reducing Debt: CMO's debt to equity ratio has reduced from 76.9% to 40.4% over the past 5 years.
Debt Coverage: CMO's debt is well covered by operating cash flow (68.9%).
Interest Coverage: CMO's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Colonial Motor current dividend yield, its reliability and sustainability?
3.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMO's dividend (3.75%) is higher than the bottom 25% of dividend payers in the NZ market (2.39%).
High Dividend: CMO's dividend (3.75%) is low compared to the top 25% of dividend payers in the NZ market (4.1%).
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 reasonably low payout ratio (47.9%), CMO's dividend payments are well 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?
6.8yrs
Average board tenure
CEO
Graeme Gibbons
no data
Tenure
NZ$879,829
Compensation
Mr. Graeme Durrad Gibbons, B.Com., CA, serves as the Chief Executive Officer of The Colonial Motor Company Limited. Mr. Gibbons served as a Director of Motor Trade Finance Limited since 1990 until March 15...
CEO Compensation Analysis
Compensation vs Market: Graeme's total compensation ($USD628.72K) is about average for companies of similar size in the NZ market ($USD509.28K).
Compensation vs Earnings: Graeme's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | NZ$879.83k | 5.7% NZ$ 15.9m | |
| Executive Director | 7.17yrs | NZ$612.99k | 0.092% NZ$ 256.2k | |
| Independent Director | 5.17yrs | NZ$56.68k | 0.027% NZ$ 74.7k | |
| Chairman | 9.92yrs | NZ$88.01k | 6.36% NZ$ 17.8m | |
| Director | 6.5yrs | NZ$274.22k | 6.21% NZ$ 17.3m | |
| Independent Director | 2.08yrs | NZ$53.59k | 0.0080% NZ$ 22.3k |
6.8yrs
Average Tenure
Experienced Board: CMO's board of directors are considered experienced (6.8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The Colonial Motor Company Limited's company bio, 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$279.212m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CMO | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Jan 1992 |
Biography
The Colonial Motor Company Limited, together with its subsidiaries, owns and operates franchised motor vehicle dealerships in New Zealand. It operates 12 Ford motor vehicle dealerships, including 7 Mazda f...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 06:02 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.