CLX 1.17% $1.69 cti logistics limited

Guidance suggests some positive news on earnings.For the first 4...

  1. swc
    69 Posts.
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    Guidance suggests some positive news on earnings.
    For the first 4 months of H1 FY21 revenue up 7% on pcp and EBITDA margin up to 8 to 9% compared to 6.3% pcp.

    H1 FY20 :
    revenue = $ 109.8M
    EBITDA = $ 6.9M
    eps= 1.50 cents

    Estimates for H1 FY21, assuming improvement in 1st 4 months holds for the 6 month period:
    revenue = 109.8 x 1.07 = 117.5
    EBITDA = 117.5 x 8.5% = 10.0
    ( would expect a further boost to EBITDA from lower I as interest rates are lower compared to pcp )
    eps = 1.50 + .7 x ( 10 - 6.9 )/75.027 = 4.4 cents
    ( assumes no change in D or A )

    On an asset basis as at 30/6/2020:
    nta = 65.1 cents
    property ( Market value - book value ) per share = 11.7 / 75.027 = 15.6 c
    franking credits per share = 21.9 / 75.027 = 29.1 cents
    Total = 110 cents

 
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