Cadiz Inc. operates as a land and water resource development company in the United States.
High growth potential and slightly overvalued.
Share Price & News
How has Cadiz's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CDZI's share price has been volatile over the past 3 months.
7 Day Return
US Water Utilities
1 Year Return
US Water Utilities
Return vs Industry: CDZI underperformed the US Water Utilities industry which returned 28.2% over the past year.
Return vs Market: CDZI underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is Cadiz's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHow Much is Cadiz Inc.'s (NASDAQ:CDZI) CEO Getting Paid?
4 weeks ago | Simply Wall StDid Changing Sentiment Drive Cadiz's (NASDAQ:CDZI) Share Price Down By 32%?
1 month ago | Simply Wall StWhat Kind Of Shareholders Own Cadiz Inc. (NASDAQ:CDZI)?
Is Cadiz undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CDZI ($8.76) is trading below our estimate of fair value ($246.69)
Significantly Below Fair Value: CDZI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDZI is unprofitable, so we can't compare its PE Ratio to the Water Utilities industry average.
PE vs Market: CDZI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CDZI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CDZI has negative assets, so we can't compare its PB Ratio to the US Water Utilities industry average.
How is Cadiz forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CDZI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: CDZI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CDZI's is expected to become profitable in the next 3 years.
Revenue vs Market: CDZI's revenue (93.3% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: CDZI's revenue (93.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CDZI's Return on Equity is forecast to be high in 3 years time
How has Cadiz performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDZI is currently unprofitable.
Growing Profit Margin: CDZI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CDZI is unprofitable, and losses have increased over the past 5 years at a rate of -7.6% per year.
Accelerating Growth: Unable to compare CDZI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CDZI is unprofitable, making it difficult to compare its past year earnings growth to the Water Utilities industry (1%).
Return on Equity
High ROE: CDZI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Cadiz's financial position?
Financial Position Analysis
Short Term Liabilities: CDZI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CDZI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CDZI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CDZI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: CDZI has a high level of physical assets or inventory.
Debt Coverage by Assets: CDZI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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: CDZI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CDZI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Cadiz's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CDZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CDZI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CDZI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CDZI'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 CDZI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Scott Slater (61yo)
Mr. Scott S. Slater has been the Chief Executive Officer and President of Cadiz Inc. since February 1, 2013 and April 12, 2011, respectively. Mr. Slater manages the day-to-day operation of Cadiz and its pr ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD600.00K) is below average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
|Founder & Chairman||18.8yrs||US$619.94k||0.54% $1.3m|
|Independent Director||22.7yrs||US$50.00k||0.21% $496.4k|
|Independent Director||11.3yrs||US$50.00k||0.096% $226.8k|
|Independent Director||3.6yrs||US$50.00k||0.061% $145.2k|
|Independent Director||13.3yrs||US$50.00k||0.40% $944.3k|
|Lead Independent Director||3yrs||US$50.00k||0.63% $1.5m|
|Independent Director||0.6yrs||no data||no data|
|Independent Director||0.6yrs||no data||no data|
Experienced Board: CDZI's board of directors are considered experienced (8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.
Cadiz Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cadiz Inc.
- Ticker: CDZI
- Exchange: NasdaqGM
- Founded: 1983
- Industry: Water Utilities
- Sector: Utilities
- Market Cap: US$236.827m
- Shares outstanding: 27.00m
- Website: https://www.cadizinc.com
Number of Employees
- Cadiz Inc.
- 550 South Hope Street
- Suite 2850
- Los Angeles
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CDZI||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||May 1985|
|2ZC||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1985|
|0HS4||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||May 1985|
Cadiz Inc. operates as a land and water resource development company in the United States. It engages in the water resource, and land and agricultural development activities in San Bernardino County properties. The company owns approximately 35,000 acres of land in the Cadiz and Fenner valleys of eastern San Bernardino County; and approximately 11,000 acres of land in the eastern Mojave Desert portion of San Bernardino County. It is also involved in the cultivation of lemons and grapes/raisins, and spring and fall plantings of vegetables on the Cadiz Valley properties. Cadiz Inc. was founded in 1983 and is headquartered in Los Angeles, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:34|
|End of Day Share Price||2020/02/25 00:00|
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.