CORONADO GLOBAL RESOURCES INC (CRN)
Share Price Analysis and Chart

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CRN - CORONADO GLOBAL RESOURCES INC

FNArena Sector : Coal
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.91
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.925

02 Dec
2024

0.000

OPEN

$0.92

0.000

HIGH

$0.94

1,121,443

LOW

$0.92

TARGET
$1.49 61.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
ATU . BCB . BRL . MMI . NHC . SMR . TER . WHC . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
CRN: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 0.4 xxx
DPS (cps) 1.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 217.0 xxx
Dividend Yield 1.6% xxx
Div Pay Ratio(%) 339.6% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 231.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 290.55

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 27/08 - ex-div 0.54c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx14.0
DPS All xxxxxxxxxxxxxxx1.5
Sales/Revenue xxxxxxxxxxxxxxx4,354.9 M
Book Value Per Share xxxxxxxxxxxxxxx108.9
Net Operating Cash Flow xxxxxxxxxxxxxxx404.2 M
Net Profit Margin xxxxxxxxxxxxxxx5.40 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx13.62 %
Return on Invested Capital xxxxxxxxxxxxxxx11.00 %
Return on Assets xxxxxxxxxxxxxxx6.12 %
Return on Equity xxxxxxxxxxxxxxx13.62 %
Return on Total Capital xxxxxxxxxxxxxxx12.26 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx21.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx38 M
Long Term Debt xxxxxxxxxxxxxxx443 M
Total Debt xxxxxxxxxxxxxxx481 M
Goodwill - Gross xxxxxxxxxxxxxxx41 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx497 M
Price To Book Value xxxxxxxxxxxxxxx1.62

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx357.4 M
Capex % of Sales xxxxxxxxxxxxxxx8.21 %
Cost of Goods Sold xxxxxxxxxxxxxxx3,242 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx847 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Ord Minnett

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Morgans

30/10/2024

1

Speculative Buy

$1.40

51.35%

Morgans explains softer 3Q2024 production should not be a "surprise" given the September downgrade, although poor net cash flow which is expected to continue is impacting on the company's share price.

Ongoing downgrades at Curragh are explained by the complexity of the project with a fragile cost structure, the broker highlights.

Net debt advanced to US$94m over the quarter against US$5m at the end of 2Q24. Debt restructuring of senior secured notes is expected to raise an additional US$150m of cash which Morgans' forecasts to fund cash outflows for the next six-to-nine months.

Speculative Buy retained. Target price falls to $1.40 from $1.85.

FORECAST
Morgans forecasts a full year FY24 dividend of 1.51 cents and EPS of minus -7.54 cents.
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 9.05 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

08/08/2024

1

Buy

$1.80

94.59%

Coronado Global Resources pre-reported first half earnings were broadly in line with Goldman Sachs.

Coronado stated that the focus is on delivering high-returning organic brownfield growth options rather than exploring inorganic growth opportunities. The next leg of growth might come from two new pits at Curragh and two greenfield opportunities in the US.

The broker believes Coronado is set for an operational turnaround over the next 18 months post a multi-year period of operational underperformance. That said, operational improvement in the second half is key.

Buy and $1.80 target retained.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 4.53 cents and EPS of 15.09 cents.
Goldman Sachs forecasts a full year FY25 dividend of 13.58 cents and EPS of 19.61 cents.
Access Extra Coverage Research History >

CRN STOCK CHART

FNArena News on CRN

1
Weekly Ratings, Targets, Forecast Changes – 01-11-24

Nov 04 2024 - Weekly Reports
2
Rudi’s View: Earnings, Best Ideas & Favourite Stock Picks

Oct 24 2024 - Rudi's View
3
Rudi’s View: China Scepsis, Energy Preferences & The US Election

Oct 10 2024 - Rudi's View
4
ESG Focus: The Little Big Things – 02-10-2024

Oct 02 2024 - ESG Focus
5
Next Week At A Glance – 26-30 – Aug 2024

Aug 23 2024 - Weekly Reports

Latest Coal News

1
ESG Focus: Decarbonisation, Renewables & Cyber Crime

Apr 03 2024 - ESG Focus
2
Better Times Ahead for New Hope?

Mar 20 2024 - Australia
3
Organic And Inorganic Opportunities For Coronado

Jul 24 2023 - Australia
4
Capacity Increase Ahead for New Hope

Mar 23 2023 - Australia
5
Stanmore Versus Coronado: Higher Margins Rule

Mar 22 2023 - Commodities
6
Whitehaven Coal: Opportunity Presents

Feb 14 2023 - Technicals
7
Coronado Needs to Hold Support

Dec 13 2022 - Technicals
8
Poor Production Won’t Rain On Coronado’s Parade

Nov 02 2022 - Small Caps
9
New Hope: Higher Thermal Coal Price Forecasts

Sep 28 2022 - Australia
10
Coronado Global Resources: Upside Despite Near-Term Weakness

Jul 25 2022 - Australia