Logo image of CSW-A.CA

CORBY SPIRIT AND WINE LTD (CSW-A.CA) Stock Fundamental Analysis

TSX:CSW-A - Toronto Stock Exchange - CA2183491083 - Common Stock - Currency: CAD

12.98  -0.23 (-1.74%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to CSW-A. CSW-A was compared to 14 industry peers in the Beverages industry. Both the health and profitability get an excellent rating, making CSW-A a very profitable company, without any liquidiy or solvency issues. CSW-A has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year CSW-A was profitable.
In the past year CSW-A had a positive cash flow from operations.
CSW-A had positive earnings in each of the past 5 years.
Each year in the past 5 years CSW-A had a positive operating cash flow.
CSW-A.CA Yearly Net Income VS EBIT VS OCF VS FCFCSW-A.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M

1.2 Ratios

CSW-A has a Return On Assets of 6.46%. This is amongst the best in the industry. CSW-A outperforms 83.33% of its industry peers.
CSW-A has a Return On Equity of 13.91%. This is amongst the best in the industry. CSW-A outperforms 83.33% of its industry peers.
CSW-A's Return On Invested Capital of 9.59% is amongst the best of the industry. CSW-A outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CSW-A is above the industry average of 7.70%.
Industry RankSector Rank
ROA 6.46%
ROE 13.91%
ROIC 9.59%
ROA(3y)6.99%
ROA(5y)8.88%
ROE(3y)12.71%
ROE(5y)13.98%
ROIC(3y)10.02%
ROIC(5y)11.65%
CSW-A.CA Yearly ROA, ROE, ROICCSW-A.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

With an excellent Profit Margin value of 10.88%, CSW-A belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Profit Margin of CSW-A has declined.
CSW-A's Operating Margin of 19.09% is amongst the best of the industry. CSW-A outperforms 83.33% of its industry peers.
In the last couple of years the Operating Margin of CSW-A has declined.
With a decent Gross Margin value of 50.88%, CSW-A is doing good in the industry, outperforming 66.67% of the companies in the same industry.
CSW-A's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 19.09%
PM (TTM) 10.88%
GM 50.88%
OM growth 3Y-9.22%
OM growth 5Y-3.16%
PM growth 3Y-18.38%
PM growth 5Y-9.5%
GM growth 3Y-5.42%
GM growth 5Y-3.55%
CSW-A.CA Yearly Profit, Operating, Gross MarginsCSW-A.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

7

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CSW-A is still creating some value.
CSW-A has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, CSW-A has about the same amount of shares outstanding.
CSW-A has a worse debt/assets ratio than last year.
CSW-A.CA Yearly Shares OutstandingCSW-A.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
CSW-A.CA Yearly Total Debt VS Total AssetsCSW-A.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

CSW-A has an Altman-Z score of 2.91. This is not the best score and indicates that CSW-A is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.91, CSW-A belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Debt to FCF ratio of CSW-A is 3.37, which is a good value as it means it would take CSW-A, 3.37 years of fcf income to pay off all of its debts.
CSW-A has a better Debt to FCF ratio (3.37) than 91.67% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that CSW-A is somewhat dependend on debt financing.
CSW-A has a Debt to Equity ratio of 0.63. This is in the better half of the industry: CSW-A outperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 3.37
Altman-Z 2.91
ROIC/WACC1.38
WACC6.93%
CSW-A.CA Yearly LT Debt VS Equity VS FCFCSW-A.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M

2.3 Liquidity

CSW-A has a Current Ratio of 2.89. This indicates that CSW-A is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.89, CSW-A is doing good in the industry, outperforming 66.67% of the companies in the same industry.
CSW-A has a Quick Ratio of 1.16. This is a normal value and indicates that CSW-A is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.16, CSW-A is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.89
Quick Ratio 1.16
CSW-A.CA Yearly Current Assets VS Current LiabilitesCSW-A.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 18.69% over the past year.
The Earnings Per Share has been decreasing by -1.37% on average over the past years.
The Revenue has grown by 30.80% in the past year. This is a very strong growth!
Measured over the past years, CSW-A shows a quite strong growth in Revenue. The Revenue has been growing by 8.91% on average per year.
EPS 1Y (TTM)18.69%
EPS 3Y-7.89%
EPS 5Y-1.37%
EPS Q2Q%23.61%
Revenue 1Y (TTM)30.8%
Revenue growth 3Y12.86%
Revenue growth 5Y8.91%
Sales Q2Q%11.04%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
CSW-A.CA Yearly Revenue VS EstimatesCSW-A.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
CSW-A.CA Yearly EPS VS EstimatesCSW-A.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8 1

4

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 14.42 indicates a correct valuation of CSW-A.
Compared to the rest of the industry, the Price/Earnings ratio of CSW-A indicates a somewhat cheap valuation: CSW-A is cheaper than 75.00% of the companies listed in the same industry.
CSW-A's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.12.
Industry RankSector Rank
PE 14.42
Fwd PE N/A
CSW-A.CA Price Earnings VS Forward Price EarningsCSW-A.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, CSW-A is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
CSW-A's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CSW-A is cheaper than 83.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.99
EV/EBITDA 8.05
CSW-A.CA Per share dataCSW-A.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

CSW-A has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.66%, CSW-A is a good candidate for dividend investing.
CSW-A's Dividend Yield is rather good when compared to the industry average which is at 4.82. CSW-A pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.29, CSW-A pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.66%

5.2 History

The dividend of CSW-A decreases each year by -8.62%.
CSW-A has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CSW-A decreased recently.
Dividend Growth(5Y)-8.62%
Div Incr Years1
Div Non Decr Years1
CSW-A.CA Yearly Dividends per shareCSW-A.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8 1

5.3 Sustainability

CSW-A pays out 94.21% of its income as dividend. This is not a sustainable payout ratio.
CSW-A's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP94.21%
EPS Next 2YN/A
EPS Next 3YN/A
CSW-A.CA Yearly Income VS Free CF VS DividendCSW-A.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M
CSW-A.CA Dividend Payout.CSW-A.CA Dividend Payout, showing the Payout Ratio.CSW-A.CA Dividend Payout.PayoutRetained Earnings

CORBY SPIRIT AND WINE LTD

TSX:CSW-A (2/7/2025, 7:00:00 PM)

12.98

-0.23 (-1.74%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)11-13 2024-11-13
Earnings (Next)02-12 2025-02-12
Inst Owners8.64%
Inst Owner ChangeN/A
Ins Owners0.7%
Ins Owner ChangeN/A
Market Cap369.54M
Analysts40
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.66%
Yearly Dividend0.84
Dividend Growth(5Y)-8.62%
DP94.21%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 14.42
Fwd PE N/A
P/S 1.56
P/FCF 9.99
P/OCF 9.24
P/B 2
P/tB N/A
EV/EBITDA 8.05
EPS(TTM)0.9
EY6.93%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)1.3
FCFY10.01%
OCF(TTM)1.4
OCFY10.82%
SpS8.29
BVpS6.48
TBVpS-0.72
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 6.46%
ROE 13.91%
ROCE 13.16%
ROIC 9.59%
ROICexc 9.95%
ROICexgc 26.3%
OM 19.09%
PM (TTM) 10.88%
GM 50.88%
FCFM 15.66%
ROA(3y)6.99%
ROA(5y)8.88%
ROE(3y)12.71%
ROE(5y)13.98%
ROIC(3y)10.02%
ROIC(5y)11.65%
ROICexc(3y)14.79%
ROICexc(5y)18.95%
ROICexgc(3y)31.34%
ROICexgc(5y)32.88%
ROCE(3y)13.75%
ROCE(5y)15.98%
ROICexcg growth 3Y-4.32%
ROICexcg growth 5Y1.13%
ROICexc growth 3Y-27.2%
ROICexc growth 5Y-12.41%
OM growth 3Y-9.22%
OM growth 5Y-3.16%
PM growth 3Y-18.38%
PM growth 5Y-9.5%
GM growth 3Y-5.42%
GM growth 5Y-3.55%
F-Score6
Asset Turnover0.59
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 3.37
Debt/EBITDA 1.91
Cap/Depr 19.4%
Cap/Sales 1.28%
Interest Coverage 250
Cash Conversion 65.99%
Profit Quality 143.97%
Current Ratio 2.89
Quick Ratio 1.16
Altman-Z 2.91
F-Score6
WACC6.93%
ROIC/WACC1.38
Cap/Depr(3y)157.31%
Cap/Depr(5y)106.06%
Cap/Sales(3y)13.92%
Cap/Sales(5y)9.18%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.69%
EPS 3Y-7.89%
EPS 5Y-1.37%
EPS Q2Q%23.61%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)30.8%
Revenue growth 3Y12.86%
Revenue growth 5Y8.91%
Sales Q2Q%11.04%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y28.73%
EBIT growth 3Y2.45%
EBIT growth 5Y5.46%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y4.97%
FCF growth 3Y-9.08%
FCF growth 5Y-0.36%
OCF growth 1Y-2.27%
OCF growth 3Y-8.22%
OCF growth 5Y-1.51%