CNU · ASX

Chorus Limited (ASX:CNU)

AU$8.08

 0.04 (0.498%)
ASX:Live
21/11/2024 04:10:42 PM
HALO Yield HALO Small HALO Ords HALO Growth GROWTH AUS +4
Consensus Score
/10
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CNU Overview

CNU Health Scores

Short Term

Mean Reversion

Neutral

Trend

Neutral

Event

Very Weak

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Very Strong

Valuation

Value

Consensus

Momentum

Price

Weak

Earnings

Weak

Growth

Earnings

Very Weak

Dividends

Weak

Quality

Capital Efficiency

Neutral

Balance Sheet

Very Strong

About CNU

Website

Chorus Limited

Telephone

64.4.896.4004

Address

Level 10 1 Willis Street Wellington 6140

Description

Chorus Ltd. operates as a telecommunications infrastructure company. The firm engages in the provision of fixed line communications infrastructure services to retail service providers. It also offers nationwide network of fiber optic cables and copper cables that connect homes and businesses to each other and also provides backhaul and co-location services to retail service providers. The company was founded in March 2008 and is headquartered in Wellington, New Zealand.

CNU Price Chart

Key Stats

Market Cap

AU$3.53B

PE

265.90

EV/EBITDA

8.9

Dividends Overview

DIV Yield

5.9%

Franking

N/A

Ex Dividend Date (est.)

16-Sep-24

Market Data

52 weeks range

Low 6.47 - 8.57

Trade Value (12mth)

AU$785,262.00

1 week

-0.37%

1 month

1.39%

YTD

10.14%

1 year

14.69%

All time high

8.78

Key Fundamentals

EPS 3 yr Growth

-118.00%

EBITDA Margin

69.30%

Operating Cashflow

$474m

Free Cash Flow Return

10.30%

ROIC

-0.20%

Interest Coverage

3.20

Quick Ratio

0.40

Other Data

Shares on Issue (Fully Dilluted)

434m

HALO Sector

Telecoms

Next Company Report Date

01-Sep-25

Ex Dividend Date (est.)

16-Sep-24

Next Dividend Pay Date (est.)

08-Oct-24

Reporting Currency

AUD

Short Sell (% of issue)

0.68

CNU Announcements

Latest Announcements

Date Announcements

20 November 24

Elaine Campbell resigns from Chorus

×

Elaine Campbell resigns from Chorus

19 November 24

Chorus investor day speaker details and webcast link

×

Chorus investor day speaker details and webcast link

14 November 24

Notification of issue of CIP warrants

×

Notification of issue of CIP warrants

24 October 24

Chorus annual shareholders meeting

×

Chorus annual shareholders meeting

24 October 24

Results of Chorus Limited's annual shareholders' meeting

×

Results of Chorus Limited's annual shareholders' meeting

11 October 24

Q1 FY25 Connections Update

×

Q1 FY25 Connections Update

25 September 24

Notice of meeting, proxy form & virtual meeting guide

×

Notice of meeting, proxy form & virtual meeting guide

24 September 24

Update - Dividend/Distribution - CNU

×

Update - Dividend/Distribution - CNU

20 September 24

Chorus announces new Chief Operating Officer

×

Chorus announces new Chief Operating Officer

27 August 24

Amended - Annual Report (substantial product holder list)

×

Amended - Annual Report (substantial product holder list)

26 August 24

Chorus 2024 full year results

×

Chorus 2024 full year results

26 August 24

Closing date for director nominations, and ASM date

×

Closing date for director nominations, and ASM date

26 August 24

Chorus announces Board changes

×

Chorus announces Board changes

26 August 24

Dividend/Distribution - CNU

×

Dividend/Distribution - CNU

26 August 24

Change in substantial holding

×

Change in substantial holding

22 August 24

Commission releases final PQP2 expenditure decision

×

Commission releases final PQP2 expenditure decision

18 July 24

Commerce Commission releases draft PQ decision

×

Commerce Commission releases draft PQ decision

09 July 24

Q4 FY24 Connections Update

×

Q4 FY24 Connections Update

09 July 24

Chorus full year results date

×

Chorus full year results date

01 July 24

Commerce Commission confirms PQP2 WACC

×

Commerce Commission confirms PQP2 WACC

14 June 24

Notification of issue of CIP warrants

×

Notification of issue of CIP warrants

31 May 24

Chorus submits 2023 fibre regulatory report

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Chorus submits 2023 fibre regulatory report

02 May 24

Change in substantial holding

×

Change in substantial holding

18 April 24

Commerce Commission releases draft expenditure decision

×

Commerce Commission releases draft expenditure decision

10 April 24

Chorus Q3 FY24 Connections Update

×

Chorus Q3 FY24 Connections Update

CNU Fundamentals

Per Share Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.13 0.05 -0.02 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.10 0.04 -0.02 Lock Lock Lock
     Growth % Lock Lock Lock Lock 25.8 -61.5 -137.0 Lock Lock Lock
     PE X Lock Lock Lock Lock 52.3 154.3 265.9 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 8.6 8.8 8.9 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 1.21 1.11 1.15 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.08 -0.22 -0.26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 10.4 -8.4 3.6 Lock Lock Lock
     Yield % Lock Lock Lock Lock -1.2 -2.8 -3.7 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.35 0.39 0.44 Lock Lock Lock
     Growth % Lock Lock Lock Lock 28.3 10.7 13.0 Lock Lock Lock
     Yield % Lock Lock Lock Lock 4.5 5.1 5.9 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 200 200 0 Lock Lock Lock
BPS $ Lock Lock Lock Lock 2.08 2.25 1.77 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.66 1.81 1.33 Lock Lock Lock
     Growth % Lock Lock Lock Lock -3.6 9.4 -26.6 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 577 554 435 Lock Lock Lock
Basic m Lock Lock Lock Lock 448 443 435 Lock Lock Lock

Financial Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Income Statement
Sales $m Lock Lock Lock Lock 905 897 934 Lock Lock Lock
     Growth % Lock Lock Lock Lock 1.8 -0.9 4.2 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 73 76 80 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 314 291 308 Lock Lock Lock
     Growth % Lock Lock Lock Lock 8.1 -7.3 5.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 34.7 32.4 33.0 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 65 68 67 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 633 615 648 Lock Lock Lock
     Growth % Lock Lock Lock Lock 3.5 -2.8 5.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 69.9 68.6 69.3 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 400 408 427 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 232 207 220 Lock Lock Lock
     Growth % Lock Lock Lock Lock 8.6 -11.0 6.5 Lock Lock Lock
     Margin % Lock Lock Lock Lock 25.7 23.1 23.6 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 99 28 19 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 39 5 28 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 60 23 -8 Lock Lock Lock
     Growth % Lock Lock Lock Lock 26.4 -61.9 -136.4 Lock Lock Lock
     Margin % Lock Lock Lock Lock 6.6 2.6 -0.9 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 532 479 474 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 486 453 409 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -483 -453 -408 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock -17 -37 -94 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock 47 26 65 Lock Lock Lock
     Growth % Lock Lock Lock Lock 148.0 -45.3 152.7 Lock Lock Lock
     Margin % Lock Lock Lock Lock 0.1 0.0 0.1 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock 0 0 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 80 70 41 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 5,261 5,674 5,485 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 3,461 3,631 3,796 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 3,590 3,937 4,037 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 4,331 4,696 4,718 Lock Lock Lock
Equity $m Lock Lock Lock Lock 930 978 767 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 4,392 4,609 4,563 Lock Lock Lock
     Growth % Lock Lock Lock Lock -3.7 5.0 -1.0 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 1.1 0.4 -0.2 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 6.4 2.3 -1.1 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 5.0 4.3 4.5 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 1.3 0.5 -0.2 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 11.9 10.6 10.3 Lock Lock Lock

Ratios Records

Historical data

Forecast data

AUD 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Leverage
Interest Cover X Lock Lock Lock Lock 4.8 3.4 3.2 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 5.7 6.4 6.2 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 385.8 402.4 526.2 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.4 0.4 0.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.4 0.4 0.4 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 39.6 27.8 22.5 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 119.2 75.4 96.1 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 7.3 6.9 7.1 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 26.4 28.7 22.5 Lock Lock Lock
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.2 Lock Lock Lock
Du Pont
Asset Turnover X Lock Lock Lock Lock 0.2 0.2 0.2 Lock Lock Lock
x Pretax Margin % Lock Lock Lock Lock 11.0 3.2 2.1 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 1.9 0.5 0.4 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 39.6 19.4 142.9 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 1.1 0.4 -0.2 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 5.7 5.8 7.1 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 6.4 2.3 -1.1 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -162.3 -653.7 2,400.6 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -10.5 -15.3 -26.0 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock 0.0 0.0 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 50.0 53.3 51.7 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 50.0 53.3 51.7 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 153.7 149.6 136.2 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -103.7 -96.3 -84.5 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

16-Sep-24

DIV Yield

5.9%

Franking Level

N/A

DPSg

13.00%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
Enhanced
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Values and Recommendations

Key Stats

Consensus Score

Lock

Recommendation

Lock

EPS 1 month Change

Lock

Quality Yield

Lock

Falling Divs over next 2

Lock

Halo Consensus Score

Lock Chart

PEG Ratio

Lock Chart

Consensus EPS Revisions

Lock Chart

Short selling

Key Stats

Percent of Issue

0.68%

Value ($M)

24

Prior Change

N/A

7 Day Change

-0.10%

1 Month Change

-0.20%

3 Month Change

-0.90%

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CNU Shortsell

Frequently Asked Questions

The current share price of Chorus Limited (CNU:ASX) is AU$8.08.
The 52-week high share price for Chorus Limited (CNU:ASX) is AU$8.57.
The 52-week low share price for Chorus Limited (CNU:ASX)? is AU$6.47.
The current TTM dividend payout for Chorus Limited (CNU:ASX) is 5.90.
The last dividend payment of Chorus Limited (CNU:ASX) is AU$0.26.
Chorus Limited (CNU:ASX) has a franking level of 0.0%.
Chorus Limited (CNU:ASX) is classified in the Telecoms.
The current P/E ratio for Chorus Limited (CNU:ASX) is 265.90.
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HALO Technologies Pty Ltd ABN 54 623 830 866 is a Corporate Authorised Representative No 1261916 of Macrovue Pty Ltd ABN 98 600 022 679 AFSL 484264. Macrovue Pty Ltd is a wholly owned subsidiary of HALO Technologies Pty Ltd.