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CNU · ASX

Chorus Limited (ASX:CNU)

AU$7.45

 0.04 (0.54%)
ASX:Live
29/02/2024 04:10:43 PM
Recent Price downgrade Recent Earnings downgrade HALO Yield HALO Small HALO Ords +7
Consensus Score
/10
Recommend
Target Price
Deviation
Unlock Full Consensus Insights

CNU Overview

CNU Health Scores

Short Term

Mean Revision

Neutral

Trend

Neutral

Event

Neutral

Halo Model

MQV

Very Strong

GARP

Very Strong

MQV Small

Very Strong

Valuation

Value

Consensus

Momentum

Price

Neutral

Earnings

Very Strong

Growth

Earnings

Very Strong

Dividends

Neutral

Quality

Capital Efficiency

Strong

Balance Sheet

Very Strong

About CNU

Telephone

Address

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$3.19B

PE

154.30

EV/EBITDA

8.8

Dividends Overview

DIV Yield

5.1%

Franking

N/A

Ex Dividend Date (est.)

18-Mar-24

Market Data

52 weeks range

Low 6.45 - 8.16

Trade Value (12mth)

AU$799,566.00

1 week

-1.85%

1 month

0.82%

YTD

1.51%

1 year

-1.07%

All time high

8.78

Key Fundamentals

EPS 3 yr Growth

-53.600%

EBITDA Margin

68.60%

Operating Cashflow

$479m

Free Cash Flow Return

10.60%

ROIC

0.50%

Interest Coverage

3.40

Quick Ratio

0.40

Other Data

Shares on Issue (Fully Dilluted)

434m

HALO Sector

Next Company Report Date

19-Aug-24

Ex Dividend Date (est.)

18-Mar-24

Next Dividend Pay Date (est.)

16-Apr-24

Reporting Currency

AUD

Short Sell (% of issue)

0.05

CNU Announcements

Latest Announcements

Date Announcements

27 February 24

Chorus half year results & CEO transition

×

Chorus half year results & CEO transition

27 February 24

Dividend/Distribution - CNU

×

Dividend/Distribution - CNU

15 February 24

Change in substantial holding

×

Change in substantial holding

05 February 24

Chorus announces plan to take fibre to 10,000 more premises

×

Chorus announces plan to take fibre to 10,000 more premises

25 January 24

Chorus Q2 FY24 Connections Update

×

Chorus Q2 FY24 Connections Update

12 December 23

Chorus half year results details - Tuesday 27 February 2024

×

Chorus half year results details - Tuesday 27 February 2024

07 December 23

NZX memo - Chorus Limited CNU020 - Trading Update

×

NZX memo - Chorus Limited CNU020 - Trading Update

06 December 23

CNU020 - Interest Rate Reset

×

CNU020 - Interest Rate Reset

06 December 23

NZX memo - CNU020 - Interest Rate Reset

×

NZX memo - CNU020 - Interest Rate Reset

21 November 23

CNU020 - Interest Rate Reset for Bonds

×

CNU020 - Interest Rate Reset for Bonds

21 November 23

Chorus CNU020 bonds rate re-set - operational trading halt

×

Chorus CNU020 bonds rate re-set - operational trading halt

14 November 23

Notification of issue of CIP warrants

×

Notification of issue of CIP warrants

08 November 23

Overview of Chorus expenditure proposal

×

Overview of Chorus expenditure proposal

08 November 23

Chorus annual shareholders' meeting

×

Chorus annual shareholders' meeting

08 November 23

Results of Chorus Limited's annual shareholders' meeting

×

Results of Chorus Limited's annual shareholders' meeting

01 November 23

Ongoing Disclosure Notice - Sue Bailey

×

Ongoing Disclosure Notice - Sue Bailey

17 October 23

Chorus Q1 FY24 Connections update

×

Chorus Q1 FY24 Connections update

04 October 23

Notice of meeting, proxy form & virtual meeting guide

×

Notice of meeting, proxy form & virtual meeting guide

02 October 23

Change in substantial holding

×

Change in substantial holding

28 September 23

Ongoing Disclosure Notice - Miriam Dean

×

Ongoing Disclosure Notice - Miriam Dean

28 September 23

Notice of on-market share buyback

×

Notice of on-market share buyback

27 September 23

Notice of on-market share buyback

×

Notice of on-market share buyback

26 September 23

Notice of on-market share buyback

×

Notice of on-market share buyback

22 September 23

Change in substantial holding

×

Change in substantial holding

20 September 23

Notice of on-market share buyback

×

Notice of on-market share buyback

CNU Fundamentals

Per Share Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Per Share, Growth & Valuations
EPS (Basic) $ Lock Lock Lock Lock 0.11 0.13 0.05 Lock Lock Lock
EPS (Fully Diluted) $ Lock Lock Lock Lock 0.08 0.10 0.04 Lock Lock Lock
     Growth % Lock Lock Lock Lock -4.2 25.8 -61.5 Lock Lock Lock
     PE X Lock Lock Lock Lock 67.5 52.3 154.3 Lock Lock Lock
     EV/EBITDA X Lock Lock Lock Lock 8.9 8.6 8.8 Lock Lock Lock
CFPS $ Lock Lock Lock Lock 1.10 1.21 1.11 Lock Lock Lock
FCFPS $ Lock Lock Lock Lock -0.31 -0.08 -0.22 Lock Lock Lock
     Growth % Lock Lock Lock Lock 5.4 10.4 -8.4 Lock Lock Lock
     Yield % Lock Lock Lock Lock -5.1 -1.2 -2.8 Lock Lock Lock
DPS $ Lock Lock Lock Lock 0.27 0.35 0.39 Lock Lock Lock
     Growth % Lock Lock Lock Lock 2.2 28.3 10.7 Lock Lock Lock
     Yield % Lock Lock Lock Lock 3.5 4.5 5.1 Lock Lock Lock
     Payout Ratio % Lock Lock Lock Lock 200 200 200 Lock Lock Lock
BPS $ Lock Lock Lock Lock 2.06 2.08 2.25 Lock Lock Lock
BPS (Tangible) $ Lock Lock Lock Lock 1.72 1.78 1.81 Lock Lock Lock
     Growth % Lock Lock Lock Lock 6.3 3.4 2.0 Lock Lock Lock
Shares Outstanding
Diluted m Lock Lock Lock Lock 582 577 554 Lock Lock Lock
Basic m Lock Lock Lock Lock 446 448 443 Lock Lock Lock

Financial Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Income Statement
Sales $m Lock Lock Lock Lock 889 905 897 Lock Lock Lock
     Growth % Lock Lock Lock Lock -2.3 1.8 -0.9 Lock Lock Lock
Selling & General Expenses $m Lock Lock Lock Lock 69 73 76 Lock Lock Lock
Gross Income $m Lock Lock Lock Lock 290 314 291 Lock Lock Lock
     Growth % Lock Lock Lock Lock -7.8 8.1 -7.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock 32.7 34.7 32.4 Lock Lock Lock
Cost of Goods Sold to Sales % Lock Lock Lock Lock 67 65 68 Lock Lock Lock
EBITDA $m Lock Lock Lock Lock 611 633 615 Lock Lock Lock
     Growth % Lock Lock Lock Lock -0.5 3.5 -2.8 Lock Lock Lock
     Margin % Lock Lock Lock Lock 68.8 69.9 68.6 Lock Lock Lock
Depreciation & Amortisation $m Lock Lock Lock Lock 397 400 408 Lock Lock Lock
EBIT $m Lock Lock Lock Lock 214 232 207 Lock Lock Lock
     Growth % Lock Lock Lock Lock -8.3 8.6 -11.0 Lock Lock Lock
     Margin % Lock Lock Lock Lock 24.1 25.7 23.1 Lock Lock Lock
Pretax Income $m Lock Lock Lock Lock 73 99 28 Lock Lock Lock
Income Taxes $m Lock Lock Lock Lock 25 39 5 Lock Lock Lock
Net Income $m Lock Lock Lock Lock 47 60 23 Lock Lock Lock
     Growth % Lock Lock Lock Lock -3.8 26.4 -61.9 Lock Lock Lock
     Margin % Lock Lock Lock Lock 5.3 6.6 2.6 Lock Lock Lock
Cash Flow Statement
Net Operating Cash Flow $m Lock Lock Lock Lock 504 532 479 Lock Lock Lock
Capital Expenditures $m Lock Lock Lock Lock 602 486 453 Lock Lock Lock
Net Investing Cash Flow $m Lock Lock Lock Lock -602 -483 -453 Lock Lock Lock
Net Financing Cash Flow $m Lock Lock Lock Lock 152 -17 -37 Lock Lock Lock
Free Cash Flow $m Lock Lock Lock Lock -98 47 26 Lock Lock Lock
     Growth % Lock Lock Lock Lock 50.5 148.0 -45.3 Lock Lock Lock
     Margin % Lock Lock Lock Lock -0.1 0.1 0.0 Lock Lock Lock
Franking Balance $m Lock Lock Lock Lock N/A N/A 0 Lock Lock Lock
Balance Sheet
Cash & Short-Term Investments $m Lock Lock Lock Lock 49 80 70 Lock Lock Lock
Total Assets $m Lock Lock Lock Lock 5,454 5,286 5,674 Lock Lock Lock
Long Term Debt $m Lock Lock Lock Lock 3,642 3,461 3,631 Lock Lock Lock
Net Debt $m Lock Lock Lock Lock 3,756 3,590 3,937 Lock Lock Lock
Total Liabilities $m Lock Lock Lock Lock 4,534 4,355 4,696 Lock Lock Lock
Equity $m Lock Lock Lock Lock 920 930 978 Lock Lock Lock
Invested Capital Lock Lock Lock Lock 4,562 4,392 4,609 Lock Lock Lock
     Growth % Lock Lock Lock Lock 11.1 -3.7 5.0 Lock Lock Lock
Return Ratios
Return on Assets % Lock Lock Lock Lock 0.9 1.1 0.4 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.2 6.4 2.3 Lock Lock Lock
Return on Total Capital % Lock Lock Lock Lock 4.5 5.0 4.3 Lock Lock Lock
Return on Invested Capital % Lock Lock Lock Lock 1.0 1.3 0.5 Lock Lock Lock
Cash Flow Return on Invested Capital % Lock Lock Lock Lock 11.1 11.9 10.6 Lock Lock Lock

Ratios Records

Historical data

Forecasted data

AUD 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Leverage
Interest Cover X Lock Lock Lock Lock 4.6 5.3 3.4 Lock Lock Lock
Debt to EBITDA X Lock Lock Lock Lock 6.1 5.7 6.4 Lock Lock Lock
Net Debt to Equity % Lock Lock Lock Lock 408.0 385.8 402.4 Lock Lock Lock
Liquidity
Current Ratio X Lock Lock Lock Lock 0.4 0.5 0.4 Lock Lock Lock
Quick Ratio X Lock Lock Lock Lock 0.4 0.5 0.4 Lock Lock Lock
Cash & ST Inv/Current Assets % Lock Lock Lock Lock 26.2 35.3 27.8 Lock Lock Lock
CFO/Current Liabilities % Lock Lock Lock Lock 116.1 119.2 75.4 Lock Lock Lock
Balance Sheet Efficiency
Receivables Turnover X Lock Lock Lock Lock 6.6 6.6 6.9 Lock Lock Lock
Inventory Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Working Capital Turnover X Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
Payables Turnover X Lock Lock Lock Lock 29.1 26.4 28.7 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 8.2 11.0 3.2 Lock Lock Lock
= Pretax Return on Assets % Lock Lock Lock Lock 1.3 1.9 0.5 Lock Lock Lock
x Tax Rate Complement (1-Tax Rate) % Lock Lock Lock Lock 34.6 39.6 19.4 Lock Lock Lock
Return on Assets % Lock Lock Lock Lock 0.9 1.1 0.4 Lock Lock Lock
x Equity Multiplier (Assets/Equity) % Lock Lock Lock Lock 5.9 5.7 5.8 Lock Lock Lock
Return on Equity % Lock Lock Lock Lock 5.2 6.4 2.3 Lock Lock Lock
x Earnings Retention (1-Payout) % Lock Lock Lock Lock -157.3 -162.3 -653.7 Lock Lock Lock
= Reinvestment Rate (%) % Lock Lock Lock Lock -8.1 -10.5 -15.3 Lock Lock Lock
Operating Cycle
Days of Inventory on Hand Days Lock Lock Lock Lock N/A N/A 0.0 Lock Lock Lock
+ Days of Sales Outstanding Days Lock Lock Lock Lock 55.4 55.0 53.3 Lock Lock Lock
Operating Cycle Days Lock Lock Lock Lock 55.4 55.0 53.3 Lock Lock Lock
- Days of Payables Outstanding Days Lock Lock Lock Lock 157.8 153.7 149.6 Lock Lock Lock
Net Operating Cycle Days Lock Lock Lock Lock -102.4 -98.8 -96.3 Lock Lock Lock

Dividends

Key Stats

Ex Dividend Date (est.)

18-Mar-24

DIV Yield

5.1%

Franking Level

N/A

DPSg

10.72%

Quality Yield

Lock

Falling Divs over next 2

Lock

Expected Dividend Cashflow

Dividend Clarity,
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Strategy

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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

0.05%

Value ($M)

2

Prior Change

N/A

7 Day Change

N/A

1 Month Change

N/A

3 Month Change

-0.20%

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CNU Shortsell

Frequently Asked Questions

The current share price of Chorus Limited (CNU:ASX) is AU$7.45.
The 52-week high share price for Chorus Limited (CNU:ASX) is AU$8.16.
The 52-week low share price for Chorus Limited (CNU:ASX)? is AU$6.45.
The current TTM dividend payout for Chorus Limited (CNU:ASX) is 5.10.
The last dividend payment of Chorus Limited (CNU:ASX) is AU$0.24.
Chorus Limited (CNU:ASX) has a franking level of 0%.
Chorus Limited (CNU:ASX) is classified in the Telecoms.
The current P/E ratio for Chorus Limited (CNU:ASX) is 154.30.