Carnegie Clean Energy Ltd (AU:CCE)
ASX:CCE
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Carnegie Clean Energy Ltd
(Sydney:CCE)
Select Model
Select Model
Rating:44Neutral
Price Target:
AU$0.05
▼(-32.50% Downside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by weak financial performance (declining revenue, ongoing losses, and very weak free cash flow trends). Technicals add additional caution given the price below major moving averages, while valuation is also pressured by a negative P/E and no dividend yield data.
Positive Factors
Relatively strong gross margin
A gross margin near 47% indicates the company retains substantial value after direct costs, supporting long-run project economics and providing headroom to invest in R&D or absorb project start-up costs. This margin durability helps sustainability even as top-line fluctuates.
Negative Factors
Declining revenue and negative margins
Sustained revenue decline alongside negative EBIT and net margins signals structural demand or commercialization challenges for core technologies. Persistent losses limit reinvestment, delay scale-up of projects, and pressure management to secure new contracting and licensing revenue streams.
Read all positive and negative factors
Positive Factors
Negative Factors
Relatively strong gross margin
A gross margin near 47% indicates the company retains substantial value after direct costs, supporting long-run project economics and providing headroom to invest in R&D or absorb project start-up costs. This margin durability helps sustainability even as top-line fluctuates.
Read all positive factors
Carnegie Clean Energy Ltd (CCE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$24.06M
Dividend YieldN/A
Average Volume (3M)139.68K
Price to Earnings (P/E)―
Beta (1Y)-0.21
Revenue Growth-8.52%
EPS Growth13.51%
CountryAU
Employees52
SectorUtilities
Sector Strength65
IndustryRenewable Utilities
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding407,727,480
10 Day Avg. Volume88,070
30 Day Avg. Volume139,680
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)0.98
Price to Sales (P/S)59.60
P/FCF Ratio5.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Carnegie Clean Energy Ltd Business Overview & Revenue Model
Company Description
Carnegie Clean Energy Ltd (CCE) is an Australian renewable energy company focused on delivering innovative and sustainable energy solutions. The company specializes in wave energy technology, solar energy systems, and energy storage solutions. CCE...
How the Company Makes Money
CCE’s revenue model is not consistently disclosed in a way that allows a complete, current breakdown of how it makes money across all operating periods; therefore, specific revenue streams and their relative contributions are null. Historically, c...
Carnegie Clean Energy Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 417.09K | 317.36K | 346.92K | 383.74K | 321.94K | 60.95K |
| Gross Profit | -630.94K | 150.09K | 194.61K | 383.74K | 321.94K | 60.95K |
| EBITDA | -1.54M | -1.56M | -1.99M | -176.07K | -2.00M | -199.00K |
| Net Income | -2.64M | -2.33M | -2.32M | -630.00K | -1.93M | -932.00K |
Balance Sheet | ||||||
| Total Assets | 24.64M | 27.53M | 22.40M | 22.49M | 21.52M | 21.99M |
| Cash, Cash Equivalents and Short-Term Investments | 3.95M | 2.90M | 3.73M | 2.00M | 4.10M | 3.63M |
| Total Debt | 2.31M | 5.04M | 34.22K | 110.92K | 167.62K | 47.16K |
| Total Liabilities | 5.12M | 8.29M | 1.30M | 1.26M | 785.90K | 544.94K |
| Stockholders Equity | 19.52M | 19.24M | 21.10M | 21.22M | 20.73M | 21.45M |
Cash Flow | ||||||
| Free Cash Flow | 5.27M | 3.47M | -1.85M | -2.84M | -50.86K | -1.14M |
| Operating Cash Flow | 3.30M | 3.47M | -1.83M | -1.72M | 960.54K | 166.91K |
| Investing Cash Flow | 1.95M | 573.96K | 1.88M | -1.12M | -1.01M | -1.31M |
| Financing Cash Flow | 1.73M | 2.08M | 1.68M | 745.70K | 512.38K | 1.36M |
Carnegie Clean Energy Ltd Technical Analysis
Negative
0.08
Price Trends
0.06
Negative
0.07
Negative
0.07
Negative
Market Momentum
>-0.01
Positive
46.24
Neutral
42.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CCE, the sentiment is Negative. The current price of 0.08 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.24 is Neutral, neither overbought nor oversold. The STOCH value of 42.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CCE.
Carnegie Clean Energy Ltd Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
60 Neutral | AU$24.55M | 31.82 | 6.92% | ― | -11.85% | 6.25% | |
44 Neutral | AU$24.06M | -3.24 | -13.64% | ― | -8.52% | 13.51% | |
| ― | AU$16.38M | 0.06 | -31.05% | ― | ― | 91.54% | |
58 Neutral | AU$17.35M | 3.47 | -45.61% | ― | 2.69% | -273.87% | |
46 Neutral | AU$137.83M | -23.96 | -23.79% | ― | ― | -280.00% | |
43 Neutral | AU$8.74M | -0.61 | -108.64% | ― | ― | -15.24% |
* Utilities Sector Average
AU:CCE
Carnegie Clean Energy Ltd
0.06
0.02
68.57%
AU:JNS
ReNu Energy Limited
0.14
-0.06
-30.00%
AU:LPE
Locality Planning Energy Holdings Limited
0.10
-0.04
-26.92%
AU:FHE
Frontier Energy Limited
0.25
0.08
53.12%
AU:14D
1414 Degrees Ltd.
0.02
<0.01
5.00%
AU:VPR
Volt Power Group Ltd
0.15
0.03
30.43%
Carnegie Clean Energy Ltd Corporate Events
Carnegie Clean Energy Secures $568,630 R&D Tax Rebate to Advance Wave Power Technologies
Mar 9, 2026
Carnegie Clean Energy has received a Research and Development Tax Incentive cash rebate of $568,630 from the Australian Tax Office for the financial year ended 30 June 2025. The rebate reflects eligible research and development expenditure incurre...
Carnegie Clean Energy Narrows Half-Year Loss as Revenue Rises from Microgrid Operations
Feb 25, 2026
Carnegie Clean Energy reported a 45.4% increase in revenue from ordinary activities to $270,483 for the half-year ended 31 December 2025, driven primarily by income from the Garden Island Micro Grid. Despite the higher revenue and capitalisation o...
Carnegie Clean Energy Advances European CETO Deployment and Secures New EU Wave Energy Funding
Jan 30, 2026
Carnegie Clean Energy reported continued progress in commercialising its wave energy portfolio during the quarter to 31 December 2025, with construction and integrated assembly of its first European CETO unit under the ACHIEVE Programme advancing ...
Carnegie Clean Energy Secures Further EuropeWave Funding for CETO Deployment
Jan 5, 2026
Carnegie Clean Energy’s Irish subsidiary, CETO Wave Energy Ireland, has received two EuropeWave Phase 3 milestone payments totalling €350,643 (about A$613,000) after completing key fabrication work on the CETO unit’s buoyant actu...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.