Clover Corporation Share Price and Company Fundamentals



Price
$1.645
Change
-0.085 (-4.913%)
52 week
1.17 - 2.58

Last traded: Yesterday at 6:10 AM

Clover Corporation Limited refines and sells natural oils in Australia, New Zealand, Asia, Europe, and the Americas. The company is also involved in the production of encapsulated powders; and research and product development of functional food and infant nutrition ingredients. It offers Nu-Mega Hi docosahexaenoic acid tuna oils for use in infant formula and pharmaceutical products; Ocean Gold refined tuna oils; Nu-Mega Driphorm powders that are used in a range of infant formula, follow-on formula, growing up milks, and food applications; and Nu-Mega Driphorm HA for non-dairy applications. The company was founded in 1988 and is headquartered in Altona North, Australia.

Key Metrics

PE ratio

26.53

PB ratio

4.90

Dividend yield

1.73%

Beta

0.70

Market cap

$273.58M

Enterprise value

$311.67M

Company profile

Primary activitiesManufacturer and supplier of Functional Food ingredients containing LCPs to the healthcare and nutrition markets.
Industry / SectorPackaged Foods / Consumer Defensive
Full time employees49
Websitehttp://www.clovercorp.com.au
Mailing address39 Pinnacle Road Altona North VIC 3025 Australia
Phone / Fax61 3 8347 5000 / 61 3 9369 8900
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Annual reports

Published onReport
20 Oct 2020Notice of AGM/Proxy Form and 2020 Annual Report
17 Sep 2020Annual Report to shareholders

Dividends

More: Clover Corporation Dividend history, yield and payout ratio

Dividend yield

1.73%

Dividend amount

$0.03

Payout ratio

40.58%

5Y Avg. yield

1.23%

Clover Corporation paid $0.03 dividend and the ex-dividend date was 07 Apr 2021.The dividend payout ratio is 40.58%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CLV dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CLV's forward dividend amount is $0.03 and the forward dividend yield is 1.63%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Clover Corporation.

NameTitleAgeTotal Pay
Mr. Peter J. Davey M.B.A., MBA, gradDip Bus., GAICDCEO, MD & Director669.06k
Mr. Paul A. Sherman C.A., M.B.A., B.Bus, CA, MBACFO & Company Sec.301.28k
Mr. David PierottiOperations Mang.
Ms. Sharon BrewsterHuman Resource & Payroll Mang.
S. PoothongChief Commercial Officer

Profitability and management effectiveness

Profit margin

12.94%

Operating margin

20.52%

Return on assets

13.82%

Return on equity

19.69%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Clover Corporation is 273.58M and its enterprise value is 311.67M. The enterprise value to revenue ratio of CLV is 3.89.

The CLV's stocks Beta value is 0.70 making it 30% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Clover Corporation (CLV)

Clover Corporation (ASX:CLV) Frequently Asked Questions

1. What is Clover Corporation's Stock Symbol?

Clover Corporation trades on ASX under the ticker symbol "CLV".

2. What is Clover Corporation's stock price today?

One share of CLV stock can currently be purchased for approximately $1.645.

3. How can I contact Clover Corporation?

Clover Corporation's mailing address is 39 Pinnacle Road Altona North VIC 3025 Australia. The company can be reached via phone at 61 3 8347 5000.

4. What is Clover Corporation's official website?

The official website of Clover Corporation is http://www.clovercorp.com.au.

5. Which share registry manages Clover Corporation's stock?

Clover Corporation's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.