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CSR

DB:CSR
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CSR
DB
A$2B
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

CSR Limited manufactures and supplies building products for homes and commercial buildings in Australia and New Zealand. The last earnings update was 159 days ago. More info.


Add to Portfolio Compare Print
  • CSR has significant price volatility in the past 3 months.
CSR Share Price and Events
7 Day Returns
2.3%
DB:CSR
6.6%
Europe Basic Materials
2.1%
DE Market
1 Year Returns
-16.9%
DB:CSR
-26.7%
Europe Basic Materials
-16.6%
DE Market
CSR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CSR (CSR) 2.3% -22% -38% -16.9% -43.9% -34.8%
Europe Basic Materials 6.6% -18.2% -32.2% -26.7% -36.7% -34%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • CSR outperformed the Basic Materials industry which returned -26.7% over the past year.
  • CSR matched the Germany Market (-16.6%) over the past year.
Price Volatility
CSR
Industry
5yr Volatility vs Market

CSR Value

 Is CSR 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 CSR 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 CSR.

DB:CSR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 4.7%
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:CSR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.817 (1 + (1- 30%) (13.44%))
0.929
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (0.929 * 5.44%)
4.67%

Discounted Cash Flow Calculation for DB:CSR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CSR is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:CSR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AUD, Millions) Source Present Value
Discounted (@ 4.67%)
2020 160.25 Analyst x4 153.11
2021 107.71 Analyst x4 98.32
2022 158.04 Analyst x3 137.83
2023 176.90 Est @ 11.93% 147.41
2024 191.47 Est @ 8.24% 152.44
2025 202.28 Est @ 5.65% 153.87
2026 210.05 Est @ 3.84% 152.65
2027 215.44 Est @ 2.57% 149.59
2028 219.06 Est @ 1.68% 145.33
2029 221.39 Est @ 1.06% 140.32
Present value of next 10 years cash flows A$1,430.00
DB:CSR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= A$221.39 × (1 + -0.39%) ÷ (4.67% – -0.39%)
A$4,362.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= A$4,362.36 ÷ (1 + 4.67%)10
A$2,765.04
DB:CSR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= A$1,430.00 + A$2,765.04
A$4,195.04
Equity Value per Share
(AUD)
= Total value / Shares Outstanding
= A$4,195.04 / 485.38
A$8.64
DB:CSR Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CSR represents 0.56918x of ASX:CSR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.56918x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (AUD) x Listing Adjustment Factor
= A$ 8.64 x 0.56918
€4.92
Value per share (EUR) From above. €4.92
Current discount Discount to share price of €1.81
= -1 x (€1.81 - €4.92) / €4.92
63.2%

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

Current Discount
Amount off the current price CSR is available for.
Intrinsic value
>50%
Share price is €1.81 vs Future cash flow value of €4.92
Current Discount Checks
For CSR to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CSR's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CSR's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 CSR's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CSR's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CSR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in AUD A$0.25
ASX:CSR Share Price ** ASX (2020-04-07) in AUD A$3.18
Europe Basic Materials Industry PE Ratio Median Figure of 33 Publicly-Listed Basic Materials Companies 9.52x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

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

** Primary Listing of CSR.

DB:CSR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 3.18 ÷ 0.25

12.93x

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

  • CSR is overvalued based on earnings compared to the Europe Basic Materials industry average.
  • CSR is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does CSR's expected growth come at a high price?
Raw Data
DB:CSR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
-0.9%per year
Europe Basic Materials Industry PEG Ratio Median Figure of 17 Publicly-Listed Basic Materials Companies 1.67x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.93x ÷ -0.9%

-13.81x

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

  • CSR earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CSR's assets?
Raw Data
DB:CSR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in AUD A$2.26
ASX:CSR Share Price * ASX (2020-04-07) in AUD A$3.18
Europe Basic Materials Industry PB Ratio Median Figure of 39 Publicly-Listed Basic Materials Companies 0.85x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:CSR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 3.18 ÷ 2.26

1.41x

* Primary Listing of CSR.

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

  • CSR is overvalued based on assets compared to the Europe Basic Materials industry average.
X
Value checks
We assess CSR'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 Basic Materials 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 Basic Materials industry average (and greater than 0)? (1 check)
  5. CSR has a total score of 3/6, 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.

CSR Future Performance

 How is CSR expected to perform in the next 1 to 3 years based on estimates from 10 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
-0.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CSR expected to grow at an attractive rate?
  • CSR's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • CSR's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • CSR's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CSR Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CSR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts -0.9%
DB:CSR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts -0.5%
Europe Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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:CSR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CSR Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2025-03-31 2,304 178 133 1
2024-03-31 2,155 211 98 1
2023-03-31 1,944 159 107 1
2022-03-31 2,119 204 109 8
2021-03-31 2,086 188 112 10
2020-04-07
2020-03-31 2,185 258 117 10
DB:CSR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-09-30 2,274 233 123
2019-06-30 2,299 220 131
2019-03-31 2,323 207 139
2018-09-30 2,112 224 165
2018-06-30 2,175 237 182
2018-03-31 2,238 249 199
2017-12-31 2,581 270 185
2017-09-30 2,556 290 182
2017-06-30 2,512 277 180
2017-03-31 2,468 265 178
2016-12-31 2,429 266 179

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CSR's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • CSR's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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:CSR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from CSR Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CSR Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2025-03-31
2024-03-31
2023-03-31
2022-03-31 0.22 0.32 0.11 5.00
2021-03-31 0.23 0.29 0.14 6.00
2020-04-07
2020-03-31 0.24 0.27 0.21 6.00
DB:CSR Past Financials Data
Date (Data in AUD Millions) EPS *
2019-09-30 0.25
2019-06-30 0.26
2019-03-31 0.28
2018-09-30 0.33
2018-06-30 0.36
2018-03-31 0.40
2017-12-31 0.37
2017-09-30 0.36
2017-06-30 0.36
2017-03-31 0.35
2016-12-31 0.35

*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.
  • CSR is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess CSR'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
CSR has a total score of 0/6, 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.

CSR Past Performance

  How has CSR 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 CSR's growth in the last year to its industry (Basic Materials).
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.
  • CSR's year on year earnings growth rate has been positive over the past 5 years.
  • CSR's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • CSR's 1-year earnings growth is negative, it can't be compared to the Europe Basic Materials industry average.
Earnings and Revenue History
CSR'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 CSR Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CSR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2,274.20 123.00 487.30
2019-06-30 2,298.50 130.95 492.15
2019-03-31 2,322.80 138.90 497.00
2018-09-30 2,112.20 165.00 447.40
2018-06-30 2,174.95 182.00 472.55
2018-03-31 2,237.70 199.00 497.70
2017-12-31 2,581.30 185.45 601.65
2017-09-30 2,556.40 182.10 592.40
2017-06-30 2,512.35 180.00 583.00
2017-03-31 2,468.30 177.90 573.60
2016-12-31 2,429.35 178.55 565.90
2016-09-30 2,390.40 179.20 558.20
2016-06-30 2,344.60 160.75 548.50
2016-03-31 2,298.80 142.30 538.80
2015-12-31 2,230.65 138.50 522.05
2015-09-30 2,162.50 134.70 505.30
2015-06-30 2,092.95 130.10 487.30
2015-03-31 2,023.40 125.50 469.30
2014-12-31 1,949.15 117.95 455.90
2014-09-30 1,874.90 110.40 442.50
2014-06-30 1,810.75 99.25 429.90
2014-03-31 1,746.60 88.10 417.30
2013-12-31 1,723.15 -15.90 410.70
2013-09-30 1,699.70 -119.90 404.10
2013-06-30 1,691.05 -134.95 403.35

*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.
  • CSR has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CSR used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
  • CSR's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess CSR'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 Basic Materials 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.
CSR 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.

CSR Health

 How is CSR'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 CSR's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CSR is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CSR's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CSR'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.
  • CSR has no debt, it does not need to be covered by short term assets.
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 CSR Company Filings, last reported 6 months ago.

DB:CSR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,170.10 0.00 141.60
2019-06-30 1,170.10 0.00 141.60
2019-03-31 1,231.10 0.00 50.00
2018-09-30 1,232.50 77.60 9.10
2018-06-30 1,232.50 77.60 9.10
2018-03-31 1,274.10 28.00 13.70
2017-12-31 1,274.10 28.00 13.70
2017-09-30 1,257.00 20.00 20.50
2017-06-30 1,257.00 20.00 20.50
2017-03-31 1,206.50 30.50 19.10
2016-12-31 1,206.50 30.50 19.10
2016-09-30 1,370.00 1.10 78.70
2016-06-30 1,370.00 1.10 78.70
2016-03-31 1,317.20 2.20 73.10
2015-12-31 1,317.20 2.20 73.10
2015-09-30 1,330.90 12.00 33.90
2015-06-30 1,330.90 12.00 33.90
2015-03-31 1,206.00 0.00 68.40
2014-12-31 1,206.00 0.00 68.40
2014-09-30 1,196.40 7.50 13.20
2014-06-30 1,196.40 7.50 13.20
2014-03-31 1,157.20 34.40 5.90
2013-12-31 1,157.20 34.40 5.90
2013-09-30 1,137.40 27.70 9.90
2013-06-30 1,137.40 27.70 9.90
  • CSR has no debt.
  • CSR has no debt compared to 5 years ago when it was 0.6%.
  • CSR has no debt, it does not need to be covered by operating cash flow.
  • CSR has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess CSR'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. CSR has a total score of 6/6, 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.

CSR Dividends

 What is CSR'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
6.29%
Current annual income from CSR dividends. Estimated to be 5.97% next year.
If you bought €2,000 of CSR shares you are expected to receive €126 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?
  • CSR's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • CSR's dividend is above the markets top 25% of dividend payers in Germany (4.71%).
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:CSR 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 10 Analyst Estimates (S&P Global) See Below
Europe Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 4.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

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

DB:CSR Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2025-03-31
2024-03-31
2023-03-31
2022-03-31 0.18 9.00
2021-03-31 0.20 11.00
2020-04-07
2020-03-31 0.21 11.00
DB:CSR Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-10-31 0.200 4.629
2019-05-07 0.260 6.503
2018-11-01 0.265 8.477
2018-05-08 0.270 6.302
2017-10-31 0.270 5.464
2017-05-09 0.260 6.061
2016-11-01 0.260 5.958
2016-05-10 0.235 6.469
2015-11-03 0.230 7.775
2015-05-11 0.230 6.833
2014-11-04 0.170 4.448
2014-06-10 0.100 2.856
2014-05-13 0.100 2.952
2013-06-11 0.051 1.946
2013-05-14 0.051 2.484
2012-05-16 0.130 7.699
2011-05-11 0.083 3.769
2010-11-03 0.270 6.743
2010-06-07 0.255 4.847
2010-05-12 0.364 7.239
2010-05-11 0.255 5.060
2009-10-28 0.120 2.287
2009-05-13 0.225 4.236

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of CSR's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess CSR's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 CSR afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CSR 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.

CSR Management

 What is the CEO of CSR'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
Julie Coates
AGE 56
TENURE AS CEO 0.6 years
CEO Bio

Ms. Julie Ann Coates, BA DipEd (Melb) has been the Chief Executive Officer, Managing Director and Director of CSR Limited since September 2, 2019. Ms. Coates has been Managing Director at Goodman Fielder New Zealand Limited since January 2019. Ms. Coates had been an Independent Non-Executive Director of Coca-Cola Amatil Limited since March 1, 2018 until November 29, 2019. Ms. Coates has been the Head of Commercial at Goodman Fielder Baking (Australia) Pty Ltd. since April 2015 and serves as its Managing Director. Ms. Coates involves in building relationships with retailers in Australia and overseas to boost sales of Goodman Fielder's market leading brands, including Helga's bread, Meadow Lea margarine, Meadow Fresh milk, Praise mayonnaise and White Wings flour and cake mixes. She served as a Director of Business Transformation at Woolworths Limited until July 28, 2014. She served as a General Manager of Big W at Woolworths Ltd. since September 18, 2009 and was its Managing Director. She serves as Director of BIG W at Woolworths Limited. Ms. Coates served as the Chief Logistics Officer of Woolworths Ltd. since May 14, 2007. She worked closely on business strategy and major transformational change programs, delivering strong results at both a divisional and group level. She served as General Manager of Human Resources and Acting General Manager of BIG W of Woolworths Ltd. As a former member of Woolworths Limited’s Management Board, she has extensive experience with financial and management accountability. She served as Director of Human Resources of Woolworths Ltd. until May 2007. Before joining Woolworths in 2002, she had senior roles at David Jones, Target and Officeworks and also Coles Myer. She served as a Non-Executive Director of Spotless Group Holdings Limited from January 1, 2016 to July 19, 2017. Ms. Coates served as a Director of Hydrox Holdings Pty Ltd. until December 31, 2014. She holds a Bachelor of Arts and Diploma of Education from the University of Melbourne, and the Advanced Management Program from Harvard University.

CEO Compensation
  • Insufficient data for Julie to compare compensation growth.
  • Insufficient data for Julie to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

David Fallu

TITLE
Chief Financial Officer
COMPENSATION
A$1M
AGE
42
TENURE
3.2 yrs

Julie Coates

TITLE
CEO MD & Director
AGE
56
TENURE
0.6 yrs

Andree Taylor

TITLE
General Manager of Investor Relations & Corporate Communications
AGE
46

Sean Ventris

TITLE
Head of Legal

Debbie Schroeder

TITLE
Head of Risk & Internal Audit and Company Secretary

Marion Johnstone

TITLE
General Manager

Sara Lom

TITLE
Group Financial Controller

Nick Pezet

TITLE
Executive General Manager of PGH Bricks

Tom Burmeister

TITLE
Chief Financial Officer of Rinker Group Limited
COMPENSATION
A$1M
AGE
74
Board of Directors Tenure

Average tenure and age of the CSR board of directors in years:

4
Average Tenure
56.5
Average Age
  • The tenure for the CSR board of directors is about average.
Board of Directors

John Gillam

TITLE
Chairman
COMPENSATION
A$361K
AGE
53
TENURE
1.8 yrs

Julie Coates

TITLE
CEO MD & Director
AGE
56
TENURE
0.6 yrs

Mike Ihlein

TITLE
Non-Executive Director
COMPENSATION
A$193K
AGE
63
TENURE
8.8 yrs

Matthew Quinn

TITLE
Non-Executive Director
COMPENSATION
A$182K
AGE
57
TENURE
6.7 yrs

Penny Winn

TITLE
Non-Executive Director
COMPENSATION
A$182K
TENURE
4.4 yrs

Christine Holman

TITLE
Non-Executive Director
COMPENSATION
A$170K
TENURE
3.5 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 (€)
24. Mar 20 Sell UBS Asset Management Company 11. Mar 20 20. Mar 20 -16,394,276 €1.98 €-30,273,847
24. Mar 20 Buy UBS Asset Management Company 11. Mar 20 20. Mar 20 13,933,917 €1.97 €27,501,670
12. Mar 20 Sell UBS Asset Management Company 02. Mar 20 10. Mar 20 -11,648,097 €2.40 €-26,585,325
12. Mar 20 Buy UBS Asset Management Company 02. Mar 20 10. Mar 20 14,130,771 €2.39 €32,123,399
03. Mar 20 Sell UBS Asset Management Company 20. Dec 19 28. Feb 20 -37,003,879 €2.84 €-105,219,360
03. Mar 20 Buy UBS Asset Management Company 20. Dec 19 28. Feb 20 37,567,414 €2.85 €105,853,363
23. Dec 19 Sell UBS Asset Management Company 20. Nov 19 19. Dec 19 -12,610,850 €2.94 €-36,696,489
23. Dec 19 Buy UBS Asset Management Company 20. Nov 19 19. Dec 19 14,957,512 €2.92 €43,405,578
15. Dec 19 Sell FIL Limited Company 08. Nov 19 11. Dec 19 -2,362,238 €2.95 €0
29. Nov 19 Buy Matthew Quinn Individual 26. Nov 19 26. Nov 19 88 €2.89 €255
29. Nov 19 Buy Michael Ihlein Individual 26. Nov 19 26. Nov 19 88 €2.89 €255
21. Nov 19 Sell UBS Asset Management Company 30. Oct 19 19. Nov 19 -9,273,773 €2.81 €-26,029,804
21. Nov 19 Buy UBS Asset Management Company 30. Oct 19 19. Nov 19 13,587,138 €2.81 €38,138,688
13. Nov 19 Buy Matthew Quinn Individual 07. Nov 19 07. Nov 19 266 €2.92 €776
13. Nov 19 Buy Michael Ihlein Individual 07. Nov 19 07. Nov 19 266 €2.92 €776
11. Nov 19 Sell FIL Limited Company 28. Oct 19 07. Nov 19 -8,445,974 €2.93 €-24,768,859
11. Nov 19 Buy FIL Limited Company 04. Nov 19 05. Nov 19 3,154,191 €2.96 €9,347,917
31. Oct 19 Sell UBS Asset Management Company 22. Oct 19 29. Oct 19 -3,716,098 €2.57 €-9,531,445
31. Oct 19 Buy UBS Asset Management Company 22. Oct 19 29. Oct 19 3,951,858 €2.56 €10,126,300
23. Oct 19 Sell UBS Asset Management Company 17. Oct 19 21. Oct 19 -1,119,604 €2.56 €-2,864,328
23. Oct 19 Buy UBS Asset Management Company 17. Oct 19 21. Oct 19 1,281,895 €2.55 €3,265,817
20. Oct 19 Sell UBS Asset Management Company 30. Sep 19 16. Oct 19 -5,344,743 €2.47 €-13,225,530
20. Oct 19 Buy UBS Asset Management Company 30. Sep 19 16. Oct 19 8,933,756 €2.41 €21,503,493
01. Oct 19 Sell UBS Asset Management Company 27. Sep 19 27. Sep 19 -270,401 €2.65 €-716,669
01. Oct 19 Buy UBS Asset Management Company 27. Sep 19 27. Sep 19 269,295 €2.65 €713,974
20. Sep 19 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 23. Aug 19 17. Sep 19 -255,207 €2.61 €0
20. Sep 19 Buy Macquarie Group, Ltd., Banking & Securities Investments Company 26. Aug 19 16. Sep 19 216,916 €2.64 €0
20. Sep 19 Sell Macquarie Capital Investment Management LLC Company 23. Aug 19 17. Sep 19 -328,646 €2.64 €0
20. Sep 19 Sell Macquarie Capital Investment Management LLC Company 30. Aug 19 30. Aug 19 -111,730 €2.44 €0
20. Sep 19 Buy Macquarie Capital Investment Management LLC Company 23. Aug 19 17. Sep 19 116,002 €2.63 €0
20. Sep 19 Sell Macquarie Investment Management Limited Company 23. Aug 19 16. Sep 19 -1,017,127 €2.63 €0
06. Sep 19 Sell Orbis Investment Management Limited Company 27. May 19 10. Jul 19 -249,691 €2.53 €-632,594
06. Sep 19 Buy Orbis Investment Management Limited Company 15. May 19 04. Sep 19 5,690,436 €2.51 €13,208,349
27. Aug 19 Sell Macquarie Capital Investment Management LLC Company 28. May 19 22. Aug 19 -680,161 €2.67 €-1,793,550
27. Aug 19 Buy Macquarie Capital Investment Management LLC Company 28. May 19 21. Aug 19 1,602,189 €2.68 €4,282,511
27. Aug 19 Sell Macquarie Investment Management Limited Company 28. May 19 21. Aug 19 -1,141,775 €2.64 €-2,997,464
27. Aug 19 Buy Macquarie Investment Management Limited Company 28. May 19 20. Aug 19 220,199 €2.67 €586,602
27. Aug 19 Sell UBS Asset Management Company 21. Aug 19 23. Aug 19 -1,317,180 €2.44 €-3,211,668
27. Aug 19 Buy UBS Asset Management Company 21. Aug 19 23. Aug 19 1,855,164 €2.44 €4,518,091
21. Aug 19 Sell BlackRock, Inc. Company 19. Mar 19 20. Aug 19 -9,189,685 €2.67 €0
21. Aug 19 Buy BlackRock, Inc. Company 18. Mar 19 20. Aug 19 2,500,828 €2.67 €27,440
11. Aug 19 Buy State Street Global Advisors, Inc. Company 11. Jul 19 07. Aug 19 26,150 €2.62 €63,016
06. Aug 19 Sell State Street Global Advisors, Inc. Company 10. Jul 19 10. Jul 19 -80,945 €2.54 €-205,754
06. Aug 19 Buy State Street Global Advisors, Inc. Company 24. Jun 19 03. Jul 19 109,264 €2.52 €268,674
30. Jul 19 Buy Matthew Quinn Individual 25. Jul 19 25. Jul 19 96 €2.70 €260
30. Jul 19 Buy Michael Ihlein Individual 25. Jul 19 25. Jul 19 96 €2.70 €260
24. Jul 19 Buy Matthew Quinn Individual 22. Jul 19 22. Jul 19 96 €2.72 €261
24. Jul 19 Buy Michael Ihlein Individual 22. Jul 19 22. Jul 19 96 €2.72 €261
25. Jun 19 Buy State Street Global Advisors, Inc. Company 20. Mar 19 21. Jun 19 710,608 €2.48 €1,750,251
06. Jun 19 Buy Penelope Winn Individual 06. Jun 19 06. Jun 19 7,845 €2.37 €18,589
05. Jun 19 Buy Matthew Quinn Individual 30. May 19 30. May 19 523 €2.46 €1,289
05. Jun 19 Buy Michael Ihlein Individual 30. May 19 30. May 19 523 €2.46 €1,289
30. May 19 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 15. May 19 27. May 19 -107,311 €2.56 €0
30. May 19 Buy Macquarie Group, Ltd., Banking & Securities Investments Company 14. May 19 17. May 19 43,272 €2.14 €0
30. May 19 Sell Macquarie Capital Investment Management LLC Company 16. May 19 16. May 19 -4 €2.08 €-8
30. May 19 Buy Macquarie Capital Investment Management LLC Company 16. May 19 16. May 19 4 €2.08 €8
30. May 19 Sell Macquarie Capital Investment Management LLC Company 15. May 19 27. May 19 -690,839 €2.56 €0
30. May 19 Buy Macquarie Capital Investment Management LLC Company 14. May 19 27. May 19 927,911 €2.56 €598,518
30. May 19 Sell Macquarie Investment Management Limited Company 14. May 19 27. May 19 -6,393 €2.56 €0
30. May 19 Buy Macquarie Investment Management Limited Company 15. May 19 27. May 19 2,328,852 €2.56 €0
26. May 19 Sell State Street Global Advisors, Inc. Company 10. May 19 22. May 19 -379,948 €2.34 €-889,442
26. May 19 Buy State Street Global Advisors, Inc. Company 10. May 19 10. May 19 250,596 €2.07 €519,254
16. May 19 Buy Orbis Investment Management Limited Company 14. Feb 19 14. May 19 8,332,872 €2.06 €17,114,727
16. May 19 Sell Macquarie Group, Ltd., Banking & Securities Investments Company 14. Jan 19 13. May 19 -232,530 €2.23 €0
16. May 19 Buy Macquarie Group, Ltd., Banking & Securities Investments Company 15. Jan 19 13. May 19 215,983 €2.21 €0
16. May 19 Sell Macquarie Capital Investment Management LLC Company 23. Jan 19 10. May 19 -67,705 €2.25 €0
16. May 19 Buy Macquarie Capital Investment Management LLC Company 23. Jan 19 10. May 19 67,705 €2.25 €0
16. May 19 Sell Macquarie Capital Investment Management LLC Company 14. Jan 19 09. May 19 -2,338,371 €2.24 €-28,196
16. May 19 Buy Macquarie Capital Investment Management LLC Company 15. Jan 19 13. May 19 2,324,290 €2.27 €174,766
16. May 19 Sell Macquarie Investment Management Limited Company 30. Jan 19 08. May 19 -150,982 €2.26 €0
16. May 19 Buy Macquarie Investment Management Limited Company 14. Jan 19 10. May 19 601,849 €2.24 €0
16. May 19 Buy Christine Holman Individual 16. May 19 16. May 19 10,000 €2.09 €20,883
16. May 19 Buy Matthew Quinn Individual 16. May 19 16. May 19 7,000 €2.10 €14,700
X
Management checks
We assess CSR'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. CSR 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.

CSR News

Simply Wall St News

CSR Company Info

Description

CSR Limited manufactures and supplies building products for homes and commercial buildings in Australia and New Zealand. It operates through Building Products, Property, and Aluminium segments. The Building Products segment offers lightweight systems, including gyprock plasterboards, Hebel autoclaved aerated concrete products, Cemintel fiber cement, Himmel interior systems, and Rondo rolled formed steel products; and insulations, such as Bradford and martini insulations, Bradford energy solutions, and Edmonds ventilation systems. It also provides AFS walling systems, façades, bricks, and roofing products. The Property segment sells former operating sites by advancing the sites through various stages of the development cycle. This segment is also involved in the large-scale developments in New South Wales, Queensland, and Victoria. The Aluminium segment offers aluminium ingots, billets, and slabs. The company was founded in 1855 and is headquartered in North Ryde, Australia.

Details
Name: CSR Limited
CSR
Exchange: DB
Founded: 1855
A$869,874,683
485,382,776
Website: http://www.csr.com.au
Address: CSR Limited
Triniti 3,
Level 5,
North Ryde,
New South Wales, 2113,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX CSR Ordinary Shares Australian Securities Exchange AU AUD 23. May 1983
OTCPK CSRL.F Ordinary Shares Pink Sheets LLC US USD 23. May 1983
DB CSR Ordinary Shares Deutsche Boerse AG DE EUR 23. May 1983
BRSE CSRCHF Ordinary Shares Berne Stock Exchange CH CHF 23. May 1983
CHIA CSR Ordinary Shares Chi-X Australia AU AUD 23. May 1983
Number of employees
Current staff
Staff numbers
2,960
CSR employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:24
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/05
Last earnings filing: 2019/10/31
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.