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Collins Foods

DB:6CF
Snowflake Description

Moderate growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6CF
DB
A$637M
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Collins Foods Limited operates, manages, and administers restaurants in Australia, Europe, and Asia. The last earnings update was 132 days ago. More info.


Add to Portfolio Compare Print
  • Collins Foods has significant price volatility in the past 3 months.
6CF Share Price and Events
7 Day Returns
0.7%
DB:6CF
-6.9%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-35.1%
DB:6CF
-48.1%
DE Hospitality
-20.9%
DE Market
6CF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Collins Foods (6CF) 0.7% -37% -45.2% -35.1% -18.6% 77%
DE Hospitality -6.9% -31.2% -57.5% -48.1% -63.2% -70.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 6CF outperformed the Hospitality industry which returned -48.1% over the past year.
  • 6CF underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
6CF
Industry
5yr Volatility vs Market

Value

 Is Collins Foods 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
Here we compare the current share price of Collins Foods to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Collins Foods.

DB:6CF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-10-13) in AUD A$ 0.20798272727273
Payout Ratio Company Filings (2019-10-13) 5398.7%
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6CF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.782 (1 + (1- 30%) (104.83%))
1.238
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.238 * 5.44%)
6.35%

Discounted Cash Flow Calculation for DB:6CF using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Collins Foods is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:6CF Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= A$0.21 / (6.35% - -0.39%)
A$0.91
DB:6CF Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:6CF represents 0.54213x of ASX:CKF
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.54213x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 3.09 x 0.54213
€1.67
Value per share (EUR) From above. €1.67
Current discount Discount to share price of €2.96
= -1 x (€2.96 - €1.67) / €1.67
-76.9%

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

  • The current share price of Collins Foods is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Collins Foods's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Collins Foods's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6CF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-10-13) in AUD A$0.33
ASX:CKF Share Price ** ASX (2020-04-03) in AUD A$5.46
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of Collins Foods.

DB:6CF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 5.46 ÷ 0.33

16.77x

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

  • Collins Foods is good value based on earnings compared to the DE Hospitality industry average.
  • Collins Foods is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Collins Foods's expected growth come at a high price?
Raw Data
DB:6CF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
17.4%per year
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

DB:6CF PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.77x ÷ 17.4%

0.96x

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

  • Collins Foods is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Collins Foods's assets?
Raw Data
DB:6CF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-10-13) in AUD A$3.08
ASX:CKF Share Price * ASX (2020-04-03) in AUD A$5.46
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:6CF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 5.46 ÷ 3.08

1.77x

* Primary Listing of Collins Foods.

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

  • Collins Foods is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Collins Foods'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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Collins Foods has a total score of 2/6, 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.

Future Performance

 How is Collins Foods expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

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
17.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Collins Foods expected to grow at an attractive rate?
  • Collins Foods's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Collins Foods's earnings growth is expected to exceed the Germany market average.
  • Collins Foods's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:6CF Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6CF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 17.4%
DB:6CF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 8.6%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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
DB:6CF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6CF Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-04-30 1,162 106 59 3
2021-04-30 1,063 99 50 4
2020-04-30 980 85 42 4
2020-04-06
DB:6CF Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-10-13 939 119 38
2019-07-13 920 108 39
2019-04-28 901 97 39
2019-01-28 881 90 40
2018-10-14 860 83 41
2018-07-14 815 79 37
2018-04-29 771 75 32
2018-01-29 722 68 29
2017-10-15 673 61 25
2017-07-15 653 61 27
2017-04-30 634 61 28
2017-01-31 610 56 29
2016-10-16 587 52 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Collins Foods's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
  • Collins Foods's revenue is expected to grow by 8.6% yearly, however this is not considered high growth (20% yearly).
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
DB:6CF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Collins Foods Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6CF Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-04-30 0.50 0.56 0.46 3.00
2021-04-30 0.43 0.47 0.40 3.00
2020-04-30 0.37 0.37 0.36 3.00
2020-04-06
DB:6CF Past Financials Data
Date (Data in AUD Millions) EPS *
2019-10-13 0.33
2019-07-13 0.33
2019-04-28 0.34
2019-01-28 0.34
2018-10-14 0.35
2018-07-14 0.32
2018-04-29 0.28
2018-01-29 0.26
2017-10-15 0.24
2017-07-15 0.26
2017-04-30 0.29
2017-01-31 0.30
2016-10-16 0.32

*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.
  • Collins Foods is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Collins Foods'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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Collins Foods 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.

Past Performance

  How has Collins Foods 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 Collins Foods's growth in the last year to its industry (Hospitality).
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.
  • Collins Foods has delivered over 20% year on year earnings growth in the past 5 years.
  • Collins Foods's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Collins Foods's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Collins Foods'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 Collins Foods Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6CF Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-10-13 939.00 37.96 411.10
2019-07-13 920.11 38.53 404.17
2019-04-28 901.22 39.11 397.24
2019-01-28 880.50 40.20 387.15
2018-10-14 859.79 41.28 377.02
2018-07-14 815.36 36.88 357.63
2018-04-29 770.94 32.49 338.24
2018-01-29 722.07 28.89 315.43
2017-10-15 673.21 25.29 292.62
2017-07-15 653.38 26.64 283.01
2017-04-30 633.56 27.99 273.41
2017-01-31 610.32 29.11 262.76
2016-10-16 587.07 30.23 252.10
2016-07-16 580.68 29.67 250.55
2016-05-01 574.28 29.12 249.01
2016-02-01 579.47 28.02 251.63
2015-10-18 584.65 26.92 254.26
2015-07-18 578.12 8.28 252.05
2015-05-03 571.59 -10.36 249.85
2015-02-03 535.38 -12.72 233.81
2014-10-12 499.18 -15.09 217.77
2014-07-12 469.87 -0.53 207.78
2014-04-27 440.56 14.03 197.79
2014-01-27 432.26 14.56 195.90
2013-10-13 423.97 15.10 194.01
2013-07-13 423.93 15.73 192.58
2013-04-28 423.89 16.37 191.16

*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.
  • Collins Foods has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Collins Foods used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Collins Foods's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Collins Foods'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 Hospitality 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.
Collins Foods has a total score of 2/6, 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.

Health

 How is Collins Foods'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 Collins Foods's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Collins Foods's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Collins Foods's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Collins Foods'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 not covered by short term assets, assets are 0.3x 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 Collins Foods Company Filings, last reported 5 months ago.

DB:6CF Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-10-13 359.11 297.25 77.20
2019-07-13 359.11 297.25 77.20
2019-04-28 350.63 294.17 79.79
2019-01-28 350.63 294.17 79.79
2018-10-14 343.82 288.50 62.69
2018-07-14 343.82 288.50 62.69
2018-04-29 332.97 287.47 60.45
2018-01-29 332.97 287.47 60.45
2017-10-15 316.78 212.45 60.58
2017-07-15 316.78 212.45 60.58
2017-04-30 266.79 186.48 104.75
2017-01-31 266.79 186.48 104.75
2016-10-16 207.74 169.03 40.43
2016-07-16 207.74 169.03 40.43
2016-05-01 189.70 168.67 52.46
2016-02-01 189.70 168.67 52.46
2015-10-18 181.18 169.08 47.59
2015-07-18 181.18 169.08 47.59
2015-05-03 171.29 169.19 42.23
2015-02-03 171.29 169.19 42.23
2014-10-12 162.83 167.09 33.30
2014-07-12 162.83 167.09 33.30
2014-04-27 191.37 165.85 36.98
2014-01-27 191.37 165.85 36.98
2013-10-13 188.22 105.31 26.62
2013-07-13 188.22 105.31 26.62
2013-04-28 185.50 105.71 23.56
  • Collins Foods's level of debt (82.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (102.5% vs 82.8% today).
  • Debt is well covered by operating cash flow (39.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.9x coverage).
X
Financial health checks
We assess Collins Foods'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. Collins Foods has a total score of 3/6, 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.

Dividends

 What is Collins Foods'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
3.66%
Current annual income from Collins Foods dividends. Estimated to be 3.81% next year.
If you bought €2,000 of Collins Foods shares you are expected to receive €73 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?
  • Collins Foods's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • Collins Foods's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
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
DB:6CF 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 4 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:6CF Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2022-04-30 0.25 3.00
2021-04-30 0.20 4.00
2020-04-30 0.18 4.00
2020-04-06
DB:6CF Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-11-26 0.200 2.509
2019-06-24 0.210 2.307
2018-11-27 0.180 2.600
2018-06-25 0.170 2.883
2017-06-27 0.180 3.225
2016-06-27 0.140 2.724
2015-06-24 0.115 2.953
2014-06-25 0.105 4.445
2013-06-25 0.110 6.004
2012-11-30 0.080 4.989
2012-06-29 0.065 5.570

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

  • Whilst dividend payments have been stable, Collins Foods has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Collins Foods only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Collins Foods's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.1x coverage).
X
Income/ dividend checks
We assess Collins Foods's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Collins Foods afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Collins Foods has a total score of 3/6, see the detailed checks below.


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

Management

 What is the CEO of Collins Foods'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
Graham Maxwell
COMPENSATION A$1,528,128
TENURE AS CEO 5.6 years
CEO Bio

Mr. Graham Maxwell has been the Chief Executive Officer of Collins Foods Limited since September 29, 2014 and has been its Managing Director since March 25, 2015. Mr. Maxwell is an experienced senior executive of corporate and franchise businesses, predominantly in fast moving consumer goods and fast foods, both in Australia and internationally. He is a commercially astute management professional with proven success in leveraging and growing businesses through their brands. Mr. Maxwell served as Group Chief Financial Officer and Chief Operating Officer at Collins Foods Limited from February 4, 2013 to September 28, 2014 and has been its Director since March 25, 2015. Mr. Maxwell spent over six years working for Yum! Brands in a number of capacities. His last position with Yum! Brands was as Managing Director for KFC Southern Africa.

CEO Compensation
  • Graham's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Graham's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Collins Foods management team in years:

3
Average Tenure
  • The tenure for the Collins Foods management team is about average.
Management Team

Graham Maxwell

TITLE
MD, CEO & Director
COMPENSATION
A$2M
TENURE
5.6 yrs

Nigel Williams

TITLE
Group Chief Financial Officer
COMPENSATION
A$925K
TENURE
4.9 yrs

Drew O’Malley

TITLE
Chief Operating Officer
COMPENSATION
A$848K
TENURE
2.4 yrs

Dawn Linaker

TITLE
Chief People Officer
COMPENSATION
A$590K
TENURE
2.9 yrs

Newman Manion

TITLE
Executive Director
COMPENSATION
A$227K
TENURE
0.8 yrs

Mark van 't Loo

TITLE
Chief Executive Officer – Collins Foods Europe
COMPENSATION
A$510K
TENURE
3.1 yrs

Tony Van Ark

TITLE
Chief Development Officer
TENURE
1.3 yrs

Frances Finucan

TITLE
Company Secretary
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the Collins Foods board of directors in years:

8.8
Average Tenure
67
Average Age
  • The tenure for the Collins Foods board of directors is about average.
Board of Directors

Robert Kaye

TITLE
Independent Non-Executive Chairman
COMPENSATION
A$210K
TENURE
5.1 yrs

Graham Maxwell

TITLE
MD, CEO & Director
COMPENSATION
A$2M
TENURE
5.1 yrs

Newman Manion

TITLE
Executive Director
COMPENSATION
A$227K
TENURE
8.8 yrs

Bronwyn Morris

TITLE
Independent Non-Executive Director
COMPENSATION
A$127K
AGE
64
TENURE
8.8 yrs

Russell Tate

TITLE
Independent Non-Executive Director
COMPENSATION
A$117K
AGE
70
TENURE
8.8 yrs

Kevin William Perkins

TITLE
Non Executive Director
COMPENSATION
A$115K
AGE
67
TENURE
8.8 yrs

Christine Holman

TITLE
Independent Non-Executive Director
TENURE
0.3 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 (€) Value (€)
05. Jul 19 Sell Yarra Funds Management Limited Company 13. Dec 18 03. Jul 19 -556,621 €4.35 €-2,420,914
05. Jul 19 Buy Yarra Funds Management Limited Company 13. Dec 18 03. Jul 19 151,897 €4.05 €614,739
02. Jul 19 Sell Graham Maxwell Individual 27. Jun 19 29. Jun 19 -120,000 €5.08 €-609,638
18. Apr 19 Sell Vinva Investment Management Company 01. Dec 18 16. Apr 19 -67,719 €4.43 €-300,125
18. Apr 19 Buy Vinva Investment Management Company 01. Dec 18 16. Apr 19 44,090 €4.14 €182,573
X
Management checks
We assess Collins Foods'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. Collins Foods 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.

News

Simply Wall St News

Company Info

Description

Collins Foods Limited operates, manages, and administers restaurants in Australia, Europe, and Asia. It operates through KFC Restaurants Australia, KFC Restaurants Europe, Sizzler Restaurants, and Other segments. The company’s brands include KFC, Taco Bell, and Sizzler restaurants. As of April 31, 2019, it operated 231 franchised KFC restaurants in Australia, 17 franchised KFC restaurants in Germany, and 20 franchised KFC restaurants in the Netherlands; and 4 franchised Taco Bell restaurant in Australia. The company also owned and operated 12 Sizzler restaurants in Australia; franchised the Sizzler brand in South East Asia, and 77 franchised stores primarily in Thailand, as well as China and Japan. Collins Foods Limited was founded in 1968 and is based in Hamilton, Australia.

Details
Name: Collins Foods Limited
6CF
Exchange: DB
Founded: 1968
A$354,547,795
116,581,244
Website: http://www.collinsfoods.com
Address: Collins Foods Limited
485 Kingsford Smith Drive,
Level 3,
Hamilton,
Queensland, 4007,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CKF Ordinary Shares Australian Securities Exchange AU AUD 04. Aug 2011
DB 6CF Ordinary Shares Deutsche Boerse AG DE EUR 04. Aug 2011
BRSE 6CF Ordinary Shares Berne Stock Exchange CH CHF 04. Aug 2011
CHIA CKF Ordinary Shares Chi-X Australia AU AUD 04. Aug 2011
Number of employees
Current staff
Staff numbers
13,500
Collins Foods employees.
Industry
Restaurants
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 04:23
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2019/11/26
Last earnings reported: 2019/10/13
Last annual earnings reported: 2019/04/28


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.