Chrometco Limited, a mineral exploration company, engages in the exploration and mining of mineral properties.
Price History & Performance
|Historical stock prices|
|Current Share Price||R0.09|
|52 Week High||R0.04|
|52 Week Low||R0.13|
|1 Month Change||12.50%|
|3 Month Change||28.57%|
|1 Year Change||12.50%|
|3 Year Change||-43.75%|
|5 Year Change||n/a|
|Change since IPO||-47.06%|
Recent News & Updates
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...
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...
|CMO||ZA Metals and Mining||ZA Market|
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.
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
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
|CMO fundamental statistics|
Is CMO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CMO income statement (TTM)|
|Cost of Revenue||R1.53b|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.038|
|Net Profit Margin||-6.87%|
How did CMO perform over the long term?See historical performance and comparison
Is Chrometco undervalued compared to its fair value and its price relative to the market?
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).
How is Chrometco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Chrometco performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Lee McCann (40 yo)
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...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chrometco Limited's employee growth, exchange listings and data sources
- 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
- Chrometco Limited
- Sunninghill Office Park
- Unit 25
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 22:10|
|End of Day Share Price||2021/10/20 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.