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CMO

ChrometcoJSE:CMO Stock Report

Market Cap

R228.8m

7D

28.6%

1Y

12.5%

Updated

20 Oct, 2021

Data

Company Financials
CMO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

CMO Overview

Chrometco Limited, a mineral exploration company, engages in the exploration and mining of mineral properties.

Price History & Performance

Summary of all time highs, changes and price drops for Chrometco
Historical stock prices
Current Share PriceR0.09
52 Week HighR0.04
52 Week LowR0.13
Beta0.45
1 Month Change12.50%
3 Month Change28.57%
1 Year Change12.50%
3 Year Change-43.75%
5 Year Changen/a
Change since IPO-47.06%

Recent News & Updates

Jul 09
Chrometco (JSE:CMO) Has Debt But No Earnings; Should You Worry?

Chrometco (JSE:CMO) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Dec 16
Is Chrometco (JSE:CMO) Weighed On By Its Debt Load?

Is Chrometco (JSE:CMO) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

CMOZA Metals and MiningZA Market
7D28.6%1.8%1.0%
1Y12.5%-1.5%20.8%

Return vs Industry: CMO exceeded the ZA Metals and Mining industry which returned -1.5% over the past year.

Return vs Market: CMO underperformed the ZA Market which returned 20.8% over the past year.

Price Volatility

Is CMO's price volatile compared to industry and market?
CMO volatility
CMO Beta0.45
Industry Beta1.16
Market Beta1

Stable Share Price: CMO is more volatile than 90% of ZA stocks over the past 3 months, typically moving +/- 28% a week.

Volatility Over Time: CMO's weekly volatility has increased from 22% to 28% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aLee McCannhttps://www.chrometco.co.za

Chrometco Limited, a mineral exploration company, engages in the exploration and mining of mineral properties. The company primarily focuses on chrome, platinum, copper, cobalt, nickel, and manganese ores, as well as other base metals. It has chrome and platinum prospects and operations in the North West province of South Africa.

Chrometco Fundamentals Summary

How do Chrometco's earnings and revenue compare to its market cap?
CMO fundamental statistics
Market CapR228.82m
Earnings (TTM)-R97.70m
Revenue (TTM)R1.42b

0.2x

P/S Ratio

-2.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMO income statement (TTM)
RevenueR1.42b
Cost of RevenueR1.53b
Gross Profit-R110.86m
Expenses-R13.16m
Earnings-R97.70m

Last Reported Earnings

Feb 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.038
Gross Margin-7.79%
Net Profit Margin-6.87%
Debt/Equity Ratio408.1%

How did CMO perform over the long term?

See historical performance and comparison

Valuation

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

1.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: CMO is unprofitable, so we can't compare its PE Ratio to the ZA Metals and Mining industry average.

PE vs Market: CMO is unprofitable, so we can't compare its PE Ratio to the ZA 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: CMO is overvalued based on its PB Ratio (1.4x) compared to the ZA Metals and Mining industry average (1.1x).


Future Growth

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

-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 Chrometco 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 Chrometco performed over the past 5 years?

-173.1%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CMO is currently unprofitable.

Growing Profit Margin: CMO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CMO's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: CMO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (252.8%).


Return on Equity

High ROE: CMO has a negative Return on Equity (-136.54%), as it is currently unprofitable.


Financial Health

How is Chrometco's financial position?


Financial Position Analysis

Short Term Liabilities: CMO's short term assets (ZAR453.8M) do not cover its short term liabilities (ZAR994.1M).

Long Term Liabilities: CMO's short term assets (ZAR453.8M) exceed its long term liabilities (ZAR422.3M).


Debt to Equity History and Analysis

Debt Level: CMO's debt to equity ratio (408.1%) is considered high.

Reducing Debt: Insufficient data to determine if CMO's debt to equity ratio has reduced over the 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: Whilst unprofitable CMO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CMO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.2% per year.


Dividend

What is Chrometco current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CMO'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 CMO's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

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


CEO

Lee McCann (40 yo)

1.42yrs

Tenure

Mr. Lee McCann, M.B.A., serves as the Chief Executive Officer of Chrometco Limited since May 8, 2020 & serves as its Executive Director since May 11, 2020. He served as Prescribed Officer at Chrometco Limi...


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Chrometco Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chrometco Limited
  • Ticker: CMO
  • Exchange: JSE
  • Founded: 2003
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: R228.819m
  • Shares outstanding: 2.54b
  • Website: https://www.chrometco.co.za

Location

  • Chrometco Limited
  • Sunninghill Office Park
  • Unit 25
  • Johannesburg
  • Gauteng
  • 2054
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:10
End of Day Share Price2021/10/20 00:00
Earnings2021/02/28
Annual Earnings2021/02/28


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.