CTI Logistics Limited (CLX) AI Stock Analysis

• Market Cap: AU$140.95M
• Dividend Yield: 5.71%
• Average Volume (3M): 7.26K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 0.46
• Revenue Growth: 6.34%
• EPS Growth: 8.63%
• Country: AU
• Employees: 293
• Sector: Industrials
• Sector Strength: 84
• Industry: Integrated Freight & Logistics
• EPS (TTM): 0.20
• Shares Outstanding: 80,544,556
• 10 Day Avg. Volume: 10,434
• 30 Day Avg. Volume: 7,258
• PEG Ratio: -0.93
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$2.63
• Price Target Upside: 49.43% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 71 Outperform
• Price Target: AU$2.00 ▲(13.64%Upside)

CTI Logistics Limited's stock is supported by strong financial performance and an attractive valuation. However, mixed technical indicators and leverage concerns moderate the overall score. The lack of recent earnings call data and corporate events leaves these aspects unconsidered.

Positive Factors

Expansion Plans

Phase 2 of the Hazelmere expansion is expected to complete development at the end of FY25, laying the foundation for revenue and earnings growth into the medium term.

Financial Performance

The share price is trading below NTA, and the growth profile ahead from increased footprint, network, and utilisation supports a BUY recommendation.

Negative Factors

Market Valuation

The market is pricing CLX as ex-growth with a trailing P/E of 8.7x, not appreciating the investments the Company has made into their network and footprint over the past few years.

CTI Logistics Limited Business Overview & Revenue Model

Company Description

CTI Logistics Limited provides transport and logistics services in Australia. It operates through three segments: Transport, Logistics, and Property. The company offers transport services, such as courier, parcel distribution, taxi truck, fleet management, heavy haulage, line haul, container handling, and freight forwarding services. It also provides flooring logistics services; and warehousing and distribution services, including contracted distribution center, overflow warehousing, temperature controlled storage and delivery, pick and pack, bulk product storage, external laydown area storage, stock control management, and quarantine inspection and processing services. In addition, the company offers temperature controlled storage, warehousing, and distribution services for wine, and food and health products; and logistical support services to the minerals and energy sector. Further, it provides security systems and services comprising electronic alarms, CCTVs, and access control systems for residential and commercial premises; and records management services consisting of document and archive storage, core sample storage, data and media storage, imaging and scanning, scheduled pickup and deliveries, and document destruction, as well as provides online access to reports and file activities. Additionally, the company offers shredding and recycling services; and wrapping services, including cleaning of plant and equipment, fumigation and spraying services, and sealed quarantine wrapping. It is also involved in the rental of owner-occupied and investment properties. The company was founded in 1972 and is based in West Perth, Australia.

How the Company Makes Money

CTI Logistics Limited generates revenue through its array of logistics and transport services. The company earns income by charging clients for freight forwarding, where it manages the transportation of goods domestically and internationally. Warehousing services also contribute to its revenue, as clients pay for the storage and management of their products in CTI's facilities. Additionally, CTI offers distribution services, handling the delivery of goods to various destinations, which is another key revenue stream. Specialized transport services, such as the transportation of oversized or sensitive items, further bolster the company's earnings. Strategic partnerships with other logistics providers and businesses enhance CTI's service capabilities and expand its market reach, contributing to its overall profitability.

CTI Logistics Limited Financial Statement Overview

Summary

CTI Logistics Limited demonstrates solid revenue growth and operational efficiency but carries a high debt-to-equity ratio, which poses financial risks. The company shows strong cash flow management, although profitability and debt management could be improved.

Income Statement

CTI Logistics Limited has shown consistent revenue growth over the years, with a notable increase from 2019 to 2024. The gross profit margin has been stable around 14% over the recent years, indicating efficient cost management. However, the net profit margin saw a decrease in 2024 compared to 2023, reflecting potential pressure on net earnings. EBIT and EBITDA margins have been healthy, highlighting operational efficiency.

Balance Sheet

The debt-to-equity ratio is relatively high, indicating a leveraged position, which could pose financial risks if not managed well. The company has maintained a reasonable equity ratio, suggesting a balanced asset structure. Return on equity has been fairly stable but shows room for improvement to enhance shareholder value.

Cash Flow

Operating cash flow has been robust, consistently covering capital expenditures, which is a positive sign of cash flow management. However, free cash flow has seen fluctuations, notably decreasing in 2024 compared to 2023. The free cash flow to net income ratio indicates strong cash conversion from profits.

Breakdown	TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	325.21M	320.83M	301.66M	283.23M	239.04M	215.21M
Gross Profit	74.84M	46.78M	43.92M	40.70M	27.90M	20.15M
EBITDA	37.76M	56.15M	53.57M	50.05M	37.80M	23.05M
Net Income	15.32M	15.83M	17.02M	15.19M	8.17M	-4.35M
Balance Sheet
Total Assets	298.46M	282.11M	249.37M	212.49M	213.14M	210.00M
Cash, Cash Equivalents and Short-Term Investments	6.53M	10.40M	10.28M	9.41M	6.49M	7.61M
Total Debt	138.29M	118.41M	93.25M	73.06M	91.82M	101.84M
Total Liabilities	173.61M	160.67M	136.76M	111.70M	124.71M	128.39M
Stockholders Equity	124.85M	121.44M	112.61M	100.79M	88.43M	81.61M
Cash Flow
Free Cash Flow	9.01M	15.44M	16.97M	32.45M	26.31M	20.64M
Operating Cash Flow	38.97M	40.85M	46.79M	39.89M	31.09M	23.33M
Investing Cash Flow	-28.64M	-24.04M	-29.02M	-5.61M	-3.86M	-1.98M
Financing Cash Flow	-11.00M	-16.70M	-16.90M	-31.36M	-28.34M	-15.93M

CTI Logistics Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CLX, the sentiment is Neutral. The current price of 1.76 is below the 20-day moving average (MA) of 1.80, above the 50-day MA of 1.75, and below the 200-day MA of 1.77, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.60 is Neutral, neither overbought nor oversold. The STOCH value of 18.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CLX.

CTI Logistics Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLX	71 Outperform	AU$140.95M	8.86	12.68%	5.71%	6.34%	8.63%
Sector *	71 Outperform	¥249.80B	12.82	8.49%	3.14%	6.31%	12.92%
1K1		€4.19B	30.43	7.24%	1.94%	―	―
BMBLF		$20.86B	25.71	26.45%	2.48%	―	―
EHGRF		$253.68M	―	-127.99%	―	―	―
TRAUF		$28.84B	597.23	0.68%	4.52%	―	―
KSC	70 Outperform	AU$463.23M	15.08	8.92%	4.73%	-6.12%	2.79%

CTI Logistics Limited Corporate Events

CTI Logistics Limited Announces Quotation of New Securities on ASX

CTI Logistics Limited announced the quotation of 277,724 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to strengthen its financial position and enhance its market presence, potentially impacting its operations and offering growth opportunities for stakeholders.