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Clean Seas Seafood

ASX:CSS
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CSS
ASX
A$76M
Market Cap
  1. Home
  2. AU
  3. Food, Beverage & Tobacco
Company description

Clean Seas Seafood Limited operates in the aquaculture industry in Australia and internationally. The last earnings update was 44 days ago. More info.


Add to Portfolio Compare Print
CSS Share Price and Events
7 Day Returns
-2.4%
ASX:CSS
-0.4%
AU Food
1.3%
AU Market
1 Year Returns
-28.1%
ASX:CSS
-10%
AU Food
9.9%
AU Market
CSS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Clean Seas Seafood (CSS) -2.4% -3.5% -7.9% -28.1% -8.9% -49.4%
AU Food -0.4% 2.4% -2.3% -10% -6.5% 31.9%
AU Market 1.3% -0.6% -1% 9.9% 17.6% 17.8%
1 Year Return vs Industry and Market
  • CSS underperformed the Food industry which returned -10% over the past year.
  • CSS underperformed the Market in Australia which returned 9.9% over the past year.
Price Volatility
CSS
Industry
5yr Volatility vs Market

CSS Value

 Is Clean Seas Seafood undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Clean Seas Seafood. This is due to cash flow or dividend data being unavailable. The share price is A$0.82.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Clean Seas Seafood's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Clean Seas Seafood's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:CSS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$0.02
ASX:CSS Share Price ** ASX (2019-10-11) in AUD A$0.82
Australia Food Industry PE Ratio Median Figure of 21 Publicly-Listed Food Companies 25.25x
Australia Market PE Ratio Median Figure of 557 Publicly-Listed Companies 17.93x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Clean Seas Seafood.

ASX:CSS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:CSS Share Price ÷ EPS (both in AUD)

= 0.82 ÷ 0.02

47.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Clean Seas Seafood is overvalued based on earnings compared to the AU Food industry average.
  • Clean Seas Seafood is overvalued based on earnings compared to the Australia market.
Price based on expected Growth
Does Clean Seas Seafood's expected growth come at a high price?
Raw Data
ASX:CSS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 47.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
25.9%per year
Australia Food Industry PEG Ratio Median Figure of 13 Publicly-Listed Food Companies 1.47x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.69x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Clean Seas Seafood, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Clean Seas Seafood's assets?
Raw Data
ASX:CSS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.88
ASX:CSS Share Price * ASX (2019-10-11) in AUD A$0.82
Australia Food Industry PB Ratio Median Figure of 43 Publicly-Listed Food Companies 1.24x
Australia Market PB Ratio Median Figure of 1,705 Publicly-Listed Companies 1.8x
ASX:CSS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:CSS Share Price ÷ Book Value per Share (both in AUD)

= 0.82 ÷ 0.88

0.93x

* Primary Listing of Clean Seas Seafood.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Clean Seas Seafood is good value based on assets compared to the AU Food industry average.
X
Value checks
We assess Clean Seas Seafood's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Clean Seas Seafood has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CSS Future Performance

 How is Clean Seas Seafood expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Clean Seas Seafood, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
25.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Clean Seas Seafood expected to grow at an attractive rate?
  • Clean Seas Seafood's earnings growth is expected to exceed the low risk savings rate of 2.3%.
Growth vs Market Checks
  • Clean Seas Seafood's earnings growth is expected to exceed the Australia market average.
  • Unable to compare Clean Seas Seafood's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:CSS Future Growth Rates Data Sources
Data Point Source Value (per year)
ASX:CSS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 25.9%
Australia Food Industry Earnings Growth Rate Market Cap Weighted Average 35.7%
Australia Food Industry Revenue Growth Rate Market Cap Weighted Average 9.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:CSS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:CSS Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 46 -9 1
2019-03-31 45 -10 2
2018-12-31 43 -10 3
2018-09-30 42 -9 3
2018-06-30 42 -7 3
2018-03-31 41 -3 2
2017-12-31 40 0 1
2017-09-30 37 -1 1
2017-06-30 35 -3 0
2017-03-31 35 -4 -1
2016-12-31 34 -4 -3
2016-09-30 32 -3 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Clean Seas Seafood's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Clean Seas Seafood is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:CSS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Clean Seas Seafood Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CSS Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 0.02
2019-03-31 0.03
2018-12-31 0.03
2018-09-30 0.04
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 -0.02
2016-12-31 -0.06
2016-09-30 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Clean Seas Seafood will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Clean Seas Seafood's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Clean Seas Seafood has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CSS Past Performance

  How has Clean Seas Seafood performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Clean Seas Seafood's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Clean Seas Seafood's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Clean Seas Seafood's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Clean Seas Seafood's 1-year earnings growth is negative, it can't be compared to the AU Food industry average.
Earnings and Revenue History
Clean Seas Seafood's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Clean Seas Seafood Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:CSS Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 46.44 1.45 12.17
2019-03-31 44.78 2.14 11.81
2018-12-31 43.13 2.83 11.46
2018-09-30 42.43 3.10 10.84
2018-06-30 41.74 3.38 10.22
2018-03-31 40.65 2.33 9.42
2017-12-31 39.56 1.29 8.62
2017-09-30 37.48 0.75 7.90
2017-06-30 35.40 0.20 7.18
2017-03-31 34.90 -1.46 6.75
2016-12-31 34.39 -3.12 6.33
2016-09-30 32.24 -6.05 6.31
2016-06-30 30.09 -8.98 6.29
2016-03-31 25.99 -7.49 6.20
2015-12-31 21.88 -6.00 6.12
2015-09-30 20.18 -0.95 5.93
2015-06-30 18.48 4.11 5.75
2015-03-31 16.80 4.27 5.54
2014-12-31 15.11 4.44 5.34
2014-09-30 12.76 6.80 4.97
2014-06-30 10.40 9.16 4.61
2014-03-31 10.32 7.40 4.47
2013-12-31 10.24 3.66 4.33
2013-09-30 12.62 -15.40 5.06
2013-06-30 14.99 -34.46 5.78
2013-03-31 16.65 -46.12 6.82
2012-12-31 18.31 -57.79 7.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Clean Seas Seafood has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Clean Seas Seafood used its assets less efficiently than the AU Food industry average last year based on Return on Assets.
  • Clean Seas Seafood has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Clean Seas Seafood's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Clean Seas Seafood has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CSS Health

 How is Clean Seas Seafood's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Clean Seas Seafood's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Clean Seas Seafood is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Clean Seas Seafood's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Clean Seas Seafood's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 9.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Clean Seas Seafood Company Filings, last reported 3 months ago.

ASX:CSS Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 73.54 7.84 1.00
2019-03-31 73.54 7.84 1.00
2018-12-31 67.42 1.78 1.96
2018-09-30 67.42 1.78 1.96
2018-06-30 71.77 0.15 5.53
2018-03-31 71.77 0.15 5.53
2017-12-31 64.24 0.44 15.81
2017-09-30 64.24 0.44 15.81
2017-06-30 51.55 0.07 0.52
2017-03-31 51.55 0.07 0.52
2016-12-31 46.22 0.27 2.86
2016-09-30 46.22 0.27 2.86
2016-06-30 42.92 2.97 0.60
2016-03-31 42.92 2.97 0.60
2015-12-31 41.08 0.27 0.38
2015-09-30 41.08 0.27 0.38
2015-06-30 51.90 0.10 1.51
2015-03-31 51.90 0.10 1.51
2014-12-31 47.08 0.43 6.72
2014-09-30 47.08 0.43 6.72
2014-06-30 47.79 0.00 9.93
2014-03-31 43.62 0.07 9.93
2013-12-31 36.48 0.03 16.07
2013-09-30 36.48 0.03 16.07
2013-06-30 23.28 0.20 5.22
2013-03-31 23.28 0.20 5.22
2012-12-31 20.45 0.46 4.39
  • Clean Seas Seafood's level of debt (10.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 10.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 6.6x coverage).
X
Financial health checks
We assess Clean Seas Seafood's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Clean Seas Seafood has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CSS Dividends

 What is Clean Seas Seafood's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Clean Seas Seafood dividends.
If you bought A$2,000 of Clean Seas Seafood shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Clean Seas Seafood's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Clean Seas Seafood's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:CSS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Food Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.1%
Australia Market Average Dividend Yield Market Cap Weighted Average of 407 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Clean Seas Seafood has not reported any payouts.
  • Unable to verify if Clean Seas Seafood's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Clean Seas Seafood's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Clean Seas Seafood has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Clean Seas Seafood's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Clean Seas Seafood afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Clean Seas Seafood has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CSS Management

 What is the CEO of Clean Seas Seafood's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Head
COMPENSATION A$1,024,254
AGE 61
TENURE AS CEO 3.8 years
CEO Bio

Mr. David J. Head, BEc. has been Chief Executive Officer, Managing Director and Director at Clean Seas Tuna Limited since January 28, 2016. Mr. Head serves as Managing Director and Chief Executive Officer of American Banknote Australasia Ltd., trading as Leigh-Mardon. Mr. Head has over 25 years' experience as a Chief Executive, Non-Executive Director and Corporate Advisor in a wide range of Industry Sectors in Australia, New Zealand, Asia and Europe in both public and privately owned companies. After working with multi-national corporations in Australia and overseas (including Chief Executive roles at Pepsi and Lion Nathan), Mr. Head served as the Chief Executive of several privately owned companies, including the Calum Textile Group and Leigh Mardon Group where he led a turnaround in shareholder equity of more than $100 million. Mr. Head has extensive Board experience (as both Non-Executive and Executive Director) in Australia, New Zealand, Asia and Europe including as a Non-Executive Director on the Board of ASX Listed Snack Brands Limited. He served as a Non-Executive Director of Snack Foods Limited since October 1999.

CEO Compensation
  • David's compensation has been consistent with company performance over the past year, both up more than 20%.
  • David's remuneration is higher than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Clean Seas Seafood management team in years:

2.1
Average Tenure
  • The tenure for the Clean Seas Seafood management team is about average.
Management Team

David Head

TITLE
MD, CEO & Director
COMPENSATION
A$1M
AGE
61
TENURE
3.8 yrs

Robert Gratton

TITLE
CFO & Joint Company Secretary
COMPENSATION
A$331K
TENURE
0.5 yrs

Tim Dohrmann

TITLE
Investor Relations

David Brown

TITLE
Group Financial Controller & Joint Company Secretary
TENURE
0.3 yrs

Chester Wilkes

TITLE
Marine Production Manager
COMPENSATION
A$199K
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure of the Clean Seas Seafood board of directors in years:

3.1
Average Tenure
  • The tenure for the Clean Seas Seafood board of directors is about average.
Board of Directors

Terry O’Brien

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$146K
TENURE
2.4 yrs

David Head

TITLE
MD, CEO & Director
COMPENSATION
A$1M
AGE
61
TENURE
3.8 yrs

Nick Burrows

TITLE
Independent Non-Executive Director
COMPENSATION
A$86K
TENURE
7.5 yrs

Marcus Stehr

TITLE
Non-Executive Director
COMPENSATION
A$73K
TENURE
19.1 yrs

Raelene Murphy

TITLE
Independent Non-Executive Director
COMPENSATION
A$74K
AGE
59
TENURE
1.3 yrs

Helen Sawczak

TITLE
Independent Non-Executive Director
COMPENSATION
A$68K
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
07. Feb 19 Buy Bonafide Wealth Management AG Company 30. Nov 18 06. Feb 19 178,201 A$1.19 A$198,922
27. Aug 19 Buy IFM Independent Fund Management AG Company 23. Jul 19 20. Aug 19 8,850,924 A$0.94 A$7,139,000
04. Jul 19 Buy IFM Independent Fund Management AG Company 29. May 19 20. Jun 19 556,961 A$0.99 A$534,542
04. Jul 19 Sell IFM Independent Fund Management AG Company 02. Apr 19 03. Apr 19 -50,249 A$0.92 A$-46,356
18. Mar 19 Buy Terrence O’Brien Individual 13. Mar 19 13. Mar 19 5,000 A$0.95 A$4,750
05. Dec 18 Buy David Head Individual 29. Nov 18 03. Dec 18 4,237 A$1.18 A$5,000
X
Management checks
We assess Clean Seas Seafood's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Clean Seas Seafood has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CSS News

Simply Wall St News

A Closer Look At Clean Seas Seafood Limited's (ASX:CSS) Uninspiring ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Clean Seas Seafood: 4.2% = AU$2.8m ÷ AU$67m (Based on the trailing twelve months to December 2018.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does Clean Seas Seafood Have A Good Return On Equity? … Combining Clean Seas Seafood's Debt And Its 4.2% Return On Equity Clean Seas Seafood has a debt to equity ratio of just 0.026, which is very low.

Simply Wall St -

Introducing Clean Seas Seafood (ASX:CSS), The Stock That Dropped 19% In The Last Five Years

But the main game is to find enough winners to more than offset the losers So we wouldn't blame long term Clean Seas Seafood Limited (ASX:CSS) shareholders for doubting their decision to hold, with the stock down 19% over a half decade. … ASX:CSS Income Statement, July 30th 2019 If you are thinking of buying or selling Clean Seas Seafood stock, you should check out this FREE detailed report on its balance sheet. … A Different Perspective Investors in Clean Seas Seafood had a tough year, with a total loss of 12%, against a market gain of about 12%.

Simply Wall St -

Does Clean Seas Seafood (ASX:CSS) Have A Healthy Balance Sheet?

Importantly, Clean Seas Seafood Limited (ASX:CSS) does carry debt. … View our latest analysis for Clean Seas Seafood How Much Debt Does Clean Seas Seafood Carry? … Our View Clean Seas Seafood's interest cover suggests it can handle its debt as easily as Cristiano Ronaldo could score a goal against an under 14's goalkeeper.

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Should Clean Seas Seafood Limited’s (ASX:CSS) Weak Investment Returns Worry You?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Clean Seas Seafood: 0.041 = AU$2.9m ÷ (AU$80m - AU$11m) (Based on the trailing twelve months to December 2018.) So, Clean Seas Seafood has an ROCE of 4.1%. … See our latest analysis for Clean Seas Seafood Is Clean Seas Seafood's ROCE Good? … How Clean Seas Seafood's Current Liabilities Impact Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months.

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Is Clean Seas Seafood Limited's (ASX:CSS) ROE Of 4.2% Concerning?

Our data shows Clean Seas Seafood has a return on equity of 4.2% for the last year. … One way to conceptualize this, is that for each A$1 of shareholders' equity it has, the company made A$0.042 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Should You Be Pleased About The CEO Pay At Clean Seas Seafood Limited's (ASX:CSS)

David Head has been the CEO of Clean Seas Seafood Limited (ASX:CSS) since 2016. … According to our data, Clean Seas Seafood Limited has a market capitalization of AU$79m, and pays its CEO total annual compensation worth AU$971k. … We took a group of companies with market capitalizations below AU$282m, and calculated the median CEO total compensation to be AU$356k.

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I Ran A Stock Scan For Earnings Growth And Clean Seas Seafood (ASX:CSS) Passed With Ease

So if you're like me, you might be more interested in profitable, growing companies, like Clean Seas Seafood (ASX:CSS). … How Fast Is Clean Seas Seafood Growing Its Earnings Per Share. … In the last three years Clean Seas Seafood's earnings per share took off like a rocket; fast, and from a low base.

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Clean Seas Seafood (ASX:CSS) Shareholders Booked A 21% Gain In The Last Three Years

While Clean Seas Seafood Limited (ASX:CSS) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 13% in the last quarter. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … That would generally be considered a positive, so we'd expect the share price to be up.

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Should We Worry About Clean Seas Seafood Limited's (ASX:CSS) P/E Ratio?

To keep it practical, we'll show how Clean Seas Seafood Limited's (ASX:CSS) P/E ratio could help you assess the value on offer. … Clean Seas Seafood has a price to earnings ratio of 27.86, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Do Institutions Own Clean Seas Seafood Limited (ASX:CSS) Shares?

A look at the shareholders of Clean Seas Seafood Limited (ASX:CSS) can tell us which group is most powerful. … With a market capitalization of AU$87m, Clean Seas Seafood is a small cap stock, so it might not be well known by many institutional investors. … institutional investors have bought into the company

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CSS Company Info

Description

Clean Seas Seafood Limited operates in the aquaculture industry in Australia and internationally. It operates in two segments, Finfish Sales and Tuna Operations. The company engages in the propagation, harvesting, growing, and selling of Spencer Gulf Hiramasa yellowtail kingfish; and production and sale of fingerlings, mulloways, and tuna. It is also involved in the research and development activities for the production of southern Bluefin tuna. The company serves seafood distributors and wholesalers. Clean Seas Seafood Limited was founded in 2000 and is based in Royal Park, Australia.

Details
Name: Clean Seas Seafood Limited
CSS
Exchange: ASX
Founded: 2000
A$75,783,961
92,419,465
Website: http://www.cleanseas.com.au
Address: Clean Seas Seafood Limited
7 Frederick Road,
Royal Park,
South Australia, 5014,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CSS Ordinary Shares Australian Securities Exchange AU AUD 12. Dec 2005
OTCPK CTUN.F Ordinary Shares Pink Sheets LLC US USD 12. Dec 2005
DB C7S Ordinary Shares Deutsche Boerse AG DE EUR 12. Dec 2005
CHIA CSS Ordinary Shares Chi-X Australia AU AUD 12. Dec 2005
Number of employees
Current staff
Staff numbers
0
Clean Seas Seafood employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 10:35
End of day share price update: 2019/10/11 00:00
Last earnings filing: 2019/08/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.