Cryosite Share Price and Company Fundamentals



Price
$0.37
Change
0.000 (0.000%)
52 week
0.074 - 0.46

Last traded: Today at 2:19 AM

Cryosite Limited engages in the supply chain logistics and management of pharmaceutical products used in clinical trials, and biological materials in Australia. It operates in two segments, Clinical Trials & Biological Services Logistics, and Cord Blood and Tissues Storage. The Clinical Trials & Biological Services Logistics segment provides specialist temperature-controlled storage, sourcing, labelling, status management, secondary packaging, schedule drug distribution, destruction, returns, and biological storage services to the clinical trial and research industry. The Cord Blood and Tissues Storage segment offers long term storage for cord blood and tissue samples. It serves research, medical, pharmaceutical, veterinary, and biotechnology industries. Cryosite Limited was founded in 1999 and is based in South Granville, Australia.

Key Metrics

PE ratio

33.64

PB ratio

-

Dividend yield

0.00%

Beta

0.25

Market cap

$17.34M

Enterprise value

$10.9M

Company profile

Primary activitiesThe Company provides an integrated clinical trial logistics service, biological storage and sample management service, including: the storage of cord blood stem cells for private use.
Industry / SectorDiagnostics & Research / Healthcare
Full time employees18
Websitehttp://www.cryosite.com
Mailing address13a Ferndell Street South Granville NSW 2142 Australia
Phone / Fax61 2 8865 2000 / 61 2 8865 2090
Share registryLINK MARKET SERVICES LIMITED

Annual reports

Published onReport
27 Aug 2020Appendix 4E and Annual Report to Shareholders

Dividends

More: Cryosite Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Cryosite paid $0.00 dividend and the ex-dividend date was 14 Mar 2017.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CTE 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.

CTE's forward dividend amount is $ and the forward dividend yield is . 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 Cryosite.

NameTitleAgeTotal Pay
Mr. Bryan Dulhunty C.A., BEc, ACANon-Exec. Chairman & Company Sec.232.14k
Mr. Mark Edmund Payton ByrneChief Operating Officer of Fin. & Admin.253.67k
Mr. John HoggChief Exec. Officer

Profitability and management effectiveness

Profit margin

5.35%

Operating margin

8.08%

Return on assets

2.08%

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 Cryosite is 17.34M and its enterprise value is 10.9M. The enterprise value to revenue ratio of CTE is 1.12.

The CTE's stocks Beta value is 0.25 making it 75% 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 Cryosite (CTE)

Cryosite (ASX:CTE) Frequently Asked Questions

1. What is Cryosite's Stock Symbol?

Cryosite trades on ASX under the ticker symbol "CTE".

2. What is Cryosite's stock price today?

One share of CTE stock can currently be purchased for approximately $0.37.

3. How can I contact Cryosite?

Cryosite's mailing address is 13a Ferndell Street South Granville NSW 2142 Australia. The company can be reached via phone at 61 2 8865 2000.

4. What is Cryosite's official website?

The official website of Cryosite is http://www.cryosite.com.

5. Which share registry manages Cryosite's stock?

Cryosite's stock is managed by LINK MARKET SERVICES LIMITED.