Namoi Cotton Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.28
Dividend & YieldN/A$ (N/A)
Beta 0.46
Market capitalization 85.19M
Operating cash flow -4.18M
ESG Scores unknown

Company description

Namoi Cotton Limited, together with its subsidiaries, engages in the ginning and supply chain and marketing of cotton in Australia and Asia. The company operates network of 9 cotton gins in New South Wales and Queensland. It is also involved in the purchase of lint cotton from growers through various forward contracts; and trading and marketing of cottonseeds. In addition, the company provides cotton classing services to the cotton industry. Further, it engages in the sale and logistics of plastic waste from ginning activities. The company was formerly known as Namoi Cotton Co-operative Ltd and changed its name to Namoi Cotton Limited in October 2017. Namoi Cotton Limited was founded in 1962 and is based in Toowoomba, Australia.

Sector: Consumer Defensive - Industry: Farm Products

Financial Ratios
Quick Ratio0.93
Working Capital-0.78
Return On Equity-0.04
Debt To Equity0.37
Fixed Asset Ratio-0.26
Fixed Interest Cover-1.61

Financial data

Financial Statements

Cashflow Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Change To Liabilities 662k -7.87M -3.16M 442k
Total Cashflows From Investing Activities -6.94M -1.49M 2.25M -3.29M
Net Borrowings -7.1M -1.47M 2.91M -5.13M
Total Cash From Financing Activities -9.74M -1.47M 2.91M 5.21M
Change To Operating Activities 581k -1.25M 1.14M 47k
Issuance Of Stock 10.35M 10.35M 10.35M 10.35M
Net Income -556k -10.99M -14.42M -4.4M
Change In Cash 4.35M -5.1M -461k -2.26M
Effect Of Exchange Rate
Total Cash From Operating Activities 21.03M -2.14M -5.62M -4.18M
Depreciation 9.28M 5.24M 3.25M 5.1M
Change To Account Receivables 4k 426k 869k -1.54M
Other Cashflows From Financing Activities
Change To Netincome 11.59M 9.89M 6.3M -33k
Capital Expenditures -7.61M -1.12M -170k -4.18M

Income Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Research Development
Income Before Tax 124k -15.3M -16.46M -5.68M
Net Income -556k -10.99M -14.42M -4.4M
Selling General Administrative 28.05M 19.43M 11.03M 19.48M
Gross Profit 61.3M 30.69M 11.29M 27.86M
Ebit 14.21M -2.07M -7.93M -3.76M
Operating Income 14.21M -2.07M -7.93M -3.76M
Interest Expense -2.18M -2.08M -1.63M -2.34M
Income Tax Expense 680k -4.31M -2.04M -1.28M
Total Revenue 89.28M 42.77M 15.97M 46.69M
Cost Of Revenue 27.98M 12.07M 4.68M 18.82M
Total Other Income ExpenseNet -14.08M -13.23M -8.53M -1.92M
Net Income From Continuing Ops -556k -10.99M -14.42M -4.4M
Net Income Applicable To Common Shares -556k -10.99M -14.42M -4.4M

Balance Sheet Statement 2019-02-28 2020-02-29 2021-02-28 2022-02-28
Total Liabilities 85.23M 57.86M 63.47M 118.22M
Total Stockholder Equity 129.82M 121.44M 106.76M 115.59M
Other Current Liabilities 23.78M 3.12M 7.51M 62.26M
Total Assets 215.05M 179.3M 170.23M 233.81M
Common Stock 37.64M 37.64M 37.64M 47.98M
Other Current Assets 18.8M 4.28M 8.3M 62.14M
Retained Earnings 24.46M 13.47M -958k -5.39M
Treasury Stock 67.72M 70.33M 70.08M 72.99M
Cash 5.83M 731k 497k 367k
Total Current Liabilities 35.51M 10.44M 17.65M 72.62M
Other Stockholder Equity 67.72M 70.33M 70.08M 72.99M
Property, Plant, and Equipment 138.29M 133.94M 129.7M 134.02M
Total Current Assets 38.95M 16.48M 19.22M 78.29M
Net Tangible Assets 128.86M 121.44M 106.76M 115.59M
Net Receivables 3.97M 3.53M 2.2M 4.2M
Accounts Payable 7.65M 4.09M 2.8M 4.72M


Insider Transactions

Here are the insider transactions of stock shares related to Namoi Cotton Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Price (Glendon E)D2021-07-20Former540.78k
Wilton (Ian)Purchase at price 0.27 per share.D2021-07-14Director (Non-Executive)73.5k
Di Leo (Joseph)Purchase at price 0.28 per share.D2021-06-22Independent Non-Executive Director75k
Green (Robert)Purchase at price 0.28 per share.D2021-06-10Independent Non-Executive Director149.87k
Hamparsum (Juanita)Other at price 0.26 per share.D2021-06-08Director (Non-Executive)176.47k
Price (Glendon E)Other at price 0.26 per share.D2021-06-08Director (Non-Executive)176.47k
Watson (Timothy John)Other at price 0.26 per share.D2021-06-08Non Executive Chairman264.7k
Wilton (Ian)Other at price 0.26 per share.D2021-06-08Director (Non-Executive)88.23k
Hamparsum (Juanita)Purchase at price 0.26 per share.D2021-02-26Director (Non-Executive)30k
Hamparsum (Juanita)Purchase at price 0.26 per share.D2021-02-25Director (Non-Executive)46.64k
Watson (Timothy John)Purchase at price 0.25 per share.D2021-02-18Non Executive Chairman32.46k
Watson (Timothy John)Other at price 0.22 per share.D2021-02-17Non Executive Chairman7.67k
Watson (Timothy John)Purchase at price 0.24 per share.D2021-02-17Non Executive Chairman675.2k
Wilton (Ian)Purchase at price 0.25 per share.D2021-02-15Director (Non-Executive)100k
Wilton (Ian)Purchase at price 0.23 per share.D2020-11-02Director (Non-Executive)100k
Callachor (Jeremy)D2020-02-29Former4k
Greenwood (Stuart)D2020-02-29Former6k
Lindsay (David)D2020-02-29Former25k
Price (Glendon E)D2020-02-29Director (Non-Executive)79.25k
Watson (Timothy John)Purchase at price 0.28 per share.D2019-06-12Director (Non-Executive)513.94k
Watson (Timothy John)Purchase at price 0.00 per share.D2019-06-11Director (Non-Executive)13.84k
Watson (Timothy John)Purchase at price 0.26 per share.D2019-06-06Director (Non-Executive)198.42k
Watson (Timothy John)Purchase at price 0.25 per share.D2019-06-05Director (Non-Executive)250k
Hamparsum (Juanita)D2019-02-28Director (Non-Executive)158.5k
Boyce (Michael)D2018-04-24Retired775.27k
Boydell (Stuart C)D2018-02-28Chairman of the Board24.09k
Coulton (Ben)D2018-01-31Director (Non-Executive)158.4k
Boydell (Stuart C)D2017-10-10Chairman of the Board134.42k
Coulton (Ben)D2017-10-10Director (Non-Executive)158.5k
Price (Glendon E)D2017-10-10Director (Non-Executive)317.01k
Watson (Timothy John)D2017-10-10Director (Non-Executive)158.5k
Watson (Timothy John)Purchase at price 0.32 per share.D2017-05-26Director (Non-Executive)50k
Watson (Timothy John)Purchase at price 0.32 per share.D2017-05-25Director (Non-Executive)50k
Watson (Timothy John)Purchase at price 0.31 per share.D2017-05-25Director (Non-Executive)41.41k
Watson (Timothy John)Purchase at price 0.28 per share.D2016-08-04Director (Non-Executive)2.25k
Watson (Timothy John)Purchase at price 0.28 per share.D2016-08-03Director (Non-Executive)25k
Watson (Timothy John)Purchase at price 0.28 per share.D2016-08-02Director (Non-Executive)60.47k
Fussell (Norman Coldham)D2013-05-24Retired310.93k
Boyce (Michael)Sale at price 0.48 per share.D2010-11-01Director (Non-Executive)174.73k
Boyce (Michael)Sale at price 0.51 per share.D2010-10-25Director (Non-Executive)50k
Longworth (Bruce)D2010-02-28Director (Non-Executive)15.87k
Taylor (Walter A)D2010-02-28Former319.51k
Longworth (Bruce)Purchase at price 0.39 per share.D2009-08-20Director (Non-Executive)49.45k
Longworth (Bruce)Purchase at price 0.39 per share.D2009-07-31Director (Non-Executive)41.6k
Longworth (Bruce)D2009-07-30Director (Non-Executive)8.95k
Taylor (Walter A)D2009-07-22Former322.78k
Longworth (Bruce)Other at price 0.32 per share.D2009-06-30Director (Non-Executive)373.39k
Boyce (Michael)Other at price 0.25 per share.D2008-10-30Director37k
Boyce (Michael)Other at price 0.25 per share.D2008-10-29Director36.83k
Boyce (Michael)Other at price 0.25 per share.D2008-10-28Director145k
Longworth (Bruce)D2008-10-23Director (Non-Executive)50k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Namoi Cotton Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Namoi Cotton Limited

Here is the result of two systematic investment strategies applied to Namoi Cotton Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Namoi Cotton Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Namoi Cotton Limited:

Namoi Cotton Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -18.12% on the backtest period.

Performance at glance

Performance

-18.12 %

Latent gain

-543.34 $

Invested capital

2999.16 $

Annualized return

-3.16 %
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Momentum strategy results on Namoi Cotton Limited

This is the result of two momentum investment strategies applied to Namoi Cotton Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Namoi Cotton Limited

The following chart shows all the entries opened by the momentum investment system on Namoi Cotton Limited:

Namoi Cotton Limited momentum entries
  • The first momentum investment strategy would give -6.56% of return on Namoi Cotton Limited. That represents -656.0$ of latent gain with 9998.47$ of employed capital.
  • The second momentum investment strategy would give -7.15% of return on Namoi Cotton Limited. That represents -554.19$ of latent gain with 7749.29$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-6.56 %

Latent gain

-656.0 $

Invested capital

9998.47 $

Annualized return

-4.57 %
Performance at glance (2Q Momentum)

Performance

-7.15 %

Latent gain

-554.19 $

Invested capital

7749.29 $

Annualized return

-1.36 %

Momentum equity curve on Namoi Cotton Limited

The following chart shows the equity curve of the two momentum strategies applied to Namoi Cotton Limited:

Namoi Cotton Limited momentum equity

Note: the dividends potentially given by Namoi Cotton Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Namoi Cotton Limited

The following chart shows the employed capital evolution of the two momentum strategies on Namoi Cotton Limited since the beginning:

Namoi Cotton Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Namoi Cotton Limited

Buy the dip entry openings on Namoi Cotton Limited

Namoi Cotton Limited

The performance achieved by the robo-advisor on Namoi Cotton Limited is -17.1%. That represents -256.52$ of latent gain with 1499.93$ of employed capital. The following chart shows Namoi Cotton Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Namoi Cotton Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-17.1 %

Latent gain

-256.52 $

Invested capital

1499.93 $

Annualized return

-4.57 %

Equity curve of the strategy applied to Namoi Cotton Limited

The following chart shows the result of the investment strategy applied to Namoi Cotton Limited:

Namoi Cotton Limited

Note: the dividends potentially given by Namoi Cotton Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Namoi Cotton Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Namoi Cotton Limited:

Namoi Cotton Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Namoi Cotton Limited

In this section, I will compare the three previous investment strategies applied to Namoi Cotton Limited.

Equity curve comparison on Namoi Cotton Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Namoi Cotton Limited investment strategy comparison

Employed capital comparison on Namoi Cotton Limited

Namoi Cotton Limited investment comparison

Performance comparison on Namoi Cotton Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -18.12% -543.34$ 2999.16$ -3.16%
Momentum 1 quarter -6.56% -656.0$ 9998.47$ -1.19%
Momentum 2 quarters -7.15% -554.19$ 7749.29$ -1.36%
Non-directional -17.1% -256.52$ 1499.93$ -4.57%
Annualized return comparison

Automatic investment

-3.16 %

Momentum 1Q

-1.36 %

Momentum 2Q

-1.36 %

Non-directional

-4.57 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Namoi Cotton Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Namoi Cotton Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Namoi Cotton Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Namoi Cotton Limited
Country Australia
City Toowoomba
Address 1b Kitchener Street
Phone 61 7 4631 6100
Website www.namoicotton.com.au
FullTime employees
Industry Farm Products
Sector Consumer Defensive
Exchange XASX
Ticker NAM.XASX
Market www2.asx.com.au

Namoi Cotton Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown