Chorus Share Price and Company Fundamentals
Last traded: Last Wednesday at 6:10 AM
Chorus Limited provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services over copper and fiber networks for residential and business customers; and very high-speed digital subscriber line broadband services. The company also provides colocation services. Chorus Limited was founded in 2008 and is based in Wellington, New Zealand.
Key Metrics
PE ratio
78.53
PB ratio
3.08
Dividend yield
4.11%
Beta
0.06
Market cap
$2.65B
Enterprise value
$6.29B
Company profile
| Primary activities | Owning and operating a nationwide fixed line access network infrastructure in New Zealand. |
|---|---|
| Industry / Sector | Telecom Services / Communication Services |
| Full time employees | 871 |
| Website | http://www.chorus.co.nz |
| Mailing address | 1 Willis Street Level 10 Wellington New Zealand |
| Phone / Fax | 64 8 006 0100 / |
| Share registry | COMPUTERSHARE INVESTOR SERVICES PTY LIMITED |
Dividends
More: Chorus Dividend history, yield and payout ratio
Dividend yield
4.11%
Dividend amount
$0.25
Payout ratio
300.49%
5Y Avg. yield
4.10%
Chorus paid $0.25 dividend and the ex-dividend date was 15 Mar 2021.The dividend payout ratio is 300.49%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CNU dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
CNU's forward dividend amount is $0.23 and the forward dividend yield is 3.65%. 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 Chorus.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Jean-Baptiste B. Rousselot | Chief Exec. Officer | 1.34M | |
| Mr. David Collins | Chief Financial Officer | ||
| Mr. Ewen Powell BE | Chief Technology Officer | ||
| Brett Jackson | Investor Relations Mang. | ||
| Ms. Elaine Jennifer Campbell | Gen. Counsel & Company Sec. | ||
| Nathan Beaumont | Media & PR Mang. | ||
| Steve Pettigrew | Head of External Communications | ||
| Mr. Shaun Philp | Gen. Mang. of People & Culture | ||
| Mr. Ed Hyde | Chief Customer Officer | ||
| Andrew Hopkinson | Treasurer |
Profitability and management effectiveness
Profit margin
4.73%
Operating margin
25.10%
Return on assets
2.44%
Return on equity
4.75%
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 Chorus is 2.65B and its enterprise value is 6.29B. The enterprise value to revenue ratio of CNU is 6.61.
The CNU's stocks Beta value is 0.06 making it 94% 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 Chorus (CNU)
Chorus (ASX:CNU) Frequently Asked Questions
1. What is Chorus's Stock Symbol?
Chorus trades on ASX under the ticker symbol "CNU".
2. What is Chorus's stock price today?
One share of CNU stock can currently be purchased for approximately $5.89.
3. How can I contact Chorus?
Chorus's mailing address is 1 Willis Street Level 10 Wellington New Zealand. The company can be reached via phone at 64 8 006 0100.
4. What is Chorus's official website?
The official website of Chorus is http://www.chorus.co.nz.
5. Which share registry manages Chorus's stock?
Chorus's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.