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Chorus Ltd
Buy, Hold or Sell?

Let's analyse Chorus together

PenkeI guess you are interested in Chorus Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Chorus Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Chorus (30 sec.)










What can you expect buying and holding a share of Chorus? (30 sec.)

How much money do you get?

How much money do you get?
A$0.68
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$1.76
Expected worth in 1 year
A$2.26
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$1.56
Return On Investment
23.1%

For what price can you sell your share?

Current Price per Share
A$6.74
Expected price per share
A$5.9839509954058 - A$6.936030125523
How sure are you?
50%

1. Valuation of Chorus (5 min.)




Live pricePrice per Share (EOD)

A$6.74

Intrinsic Value Per Share

A$-1.06 - A$4.97

Total Value Per Share

A$0.70 - A$6.73

2. Growth of Chorus (5 min.)




Is Chorus growing?

Current yearPrevious yearGrowGrow %
How rich?$629.3m$609.2m$20.1m3.2%

How much money is Chorus making?

Current yearPrevious yearGrowGrow %
Making money$14.8m$37.8m-$23m-156.0%
Net Profit Margin2.6%6.6%--

How much money comes from the company's main activities?

3. Financial Health of Chorus (5 min.)




4. Comparing to competitors in the Telecom Services industry (5 min.)




  Industry Rankings (Telecom Services)  


Richest
#116 / 249

Most Revenue
#103 / 249

Most Profit
#102 / 249

Most Efficient
#133 / 249

What can you expect buying and holding a share of Chorus? (5 min.)

Welcome investor! Chorus's management wants to use your money to grow the business. In return you get a share of Chorus.

What can you expect buying and holding a share of Chorus?

First you should know what it really means to hold a share of Chorus. And how you can make/lose money.

Speculation

The Price per Share of Chorus is A$6.74. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Chorus.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Chorus, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$1.76. Based on the TTM, the Book Value Change Per Share is A$0.12 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.27 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Chorus.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.030.4%0.030.4%0.071.0%0.050.8%0.091.3%
Usd Book Value Change Per Share0.081.2%0.081.2%0.050.7%0.000.0%0.030.4%
Usd Dividend Per Share0.172.5%0.172.5%0.101.5%0.101.5%0.071.0%
Usd Total Gains Per Share0.253.7%0.253.7%0.152.2%0.101.5%0.101.4%
Usd Price Per Share5.00-5.00-4.14-4.19-3.16-
Price to Earnings Ratio187.16-187.16-63.08-93.67-55.87-
Price-to-Total Gains Ratio19.91-19.91-27.75-316.60-171.23-
Price to Book Ratio4.40-4.40-3.92-3.95-2.96-
Price-to-Total Gains Ratio19.91-19.91-27.75-316.60-171.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.348648
Number of shares229
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.170.10
Usd Book Value Change Per Share0.080.00
Usd Total Gains Per Share0.250.10
Gains per Quarter (229 shares)57.5122.58
Gains per Year (229 shares)230.0690.31
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11577322091-180
2313147450182-1170
3470220680273-2260
4626294910363-2350
57833671140454-3440
69404411370545-3530
710965141600636-4620
812535871830727-4710
914106612060818-5800
1015667342290908-5890

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%12.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%7.03.00.070.0%9.03.00.075.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.01.091.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%12.00.00.0100.0%

Fundamentals of Chorus

About Chorus Ltd

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and asymmetric digital subscriber line and high-speed digital subscriber line broadband services, as well as solutions for transport and infrastructure. The company builds and maintains a network of fibre and copper cables, local telephone exchanges, and cabinets. In addition, it offers co-location and value added network services. Chorus Limited was founded in 2008 and is based in Wellington, New Zealand.

Fundamental data was last updated by Penke on 2024-04-20 22:50:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Chorus Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Chorus earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • A Net Profit Margin of 2.6% means that $0.03 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Chorus Ltd:

  • The MRQ is 2.6%. The company is making a profit. +1
  • The TTM is 2.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.6%TTM2.6%0.0%
TTM2.6%YOY6.6%-4.1%
TTM2.6%5Y5.1%-2.5%
5Y5.1%10Y7.8%-2.8%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6%4.0%-1.4%
TTM2.6%4.9%-2.3%
YOY6.6%5.7%+0.9%
5Y5.1%5.8%-0.7%
10Y7.8%5.6%+2.2%
1.1.2. Return on Assets

Shows how efficient Chorus is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • 0.4% Return on Assets means that Chorus generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Chorus Ltd:

  • The MRQ is 0.4%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%0.0%
TTM0.4%YOY1.1%-0.7%
TTM0.4%5Y0.8%-0.4%
5Y0.8%10Y1.7%-0.9%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.6%-0.2%
TTM0.4%0.8%-0.4%
YOY1.1%1.0%+0.1%
5Y0.8%0.9%-0.1%
10Y1.7%1.0%+0.7%
1.1.3. Return on Equity

Shows how efficient Chorus is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • 2.4% Return on Equity means Chorus generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Chorus Ltd:

  • The MRQ is 2.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.4%0.0%
TTM2.4%YOY6.2%-3.9%
TTM2.4%5Y4.8%-2.5%
5Y4.8%10Y8.6%-3.8%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%2.1%+0.3%
TTM2.4%2.7%-0.3%
YOY6.2%3.4%+2.8%
5Y4.8%3.0%+1.8%
10Y8.6%3.0%+5.6%

1.2. Operating Efficiency of Chorus Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chorus is operating .

  • Measures how much profit Chorus makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • An Operating Margin of 24.6% means the company generated $0.25  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Chorus Ltd:

  • The MRQ is 24.6%. The company is operating efficient. +1
  • The TTM is 24.6%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ24.6%TTM24.6%0.0%
TTM24.6%YOY24.6%+0.0%
TTM24.6%5Y25.6%-1.0%
5Y25.6%10Y27.8%-2.2%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ24.6%9.7%+14.9%
TTM24.6%7.7%+16.9%
YOY24.6%12.2%+12.4%
5Y25.6%11.8%+13.8%
10Y27.8%11.6%+16.2%
1.2.2. Operating Ratio

Measures how efficient Chorus is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Telecom Services industry mean).
  • An Operation Ratio of 0.76 means that the operating costs are $0.76 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Chorus Ltd:

  • The MRQ is 0.762. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.762. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.762TTM0.7620.000
TTM0.762YOY0.736+0.026
TTM0.7625Y0.834-0.072
5Y0.83410Y0.971-0.137
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7621.060-0.298
TTM0.7621.023-0.261
YOY0.7360.971-0.235
5Y0.8340.989-0.155
10Y0.9710.981-0.010

1.3. Liquidity of Chorus Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chorus is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Telecom Services industry mean).
  • A Current Ratio of 0.40 means the company has $0.40 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Chorus Ltd:

  • The MRQ is 0.396. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.396. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.396TTM0.3960.000
TTM0.396YOY0.449-0.054
TTM0.3965Y0.380+0.016
5Y0.38010Y0.563-0.184
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3960.910-0.514
TTM0.3960.910-0.514
YOY0.4490.961-0.512
5Y0.3801.031-0.651
10Y0.5631.027-0.464
1.3.2. Quick Ratio

Measures if Chorus is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • A Quick Ratio of 0.25 means the company can pay off $0.25 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Chorus Ltd:

  • The MRQ is 0.252. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.252. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.252TTM0.2520.000
TTM0.252YOY0.431-0.179
TTM0.2525Y0.256-0.004
5Y0.25610Y0.495-0.238
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2520.629-0.377
TTM0.2520.647-0.395
YOY0.4310.698-0.267
5Y0.2560.737-0.481
10Y0.4950.767-0.272

1.4. Solvency of Chorus Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chorus assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chorus to Telecom Services industry mean.
  • A Debt to Asset Ratio of 0.83 means that Chorus assets are financed with 82.8% credit (debt) and the remaining percentage (100% - 82.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Chorus Ltd:

  • The MRQ is 0.828. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.828. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.828TTM0.8280.000
TTM0.828YOY0.823+0.004
TTM0.8285Y0.829-0.001
5Y0.82910Y0.810+0.019
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8280.632+0.196
TTM0.8280.629+0.199
YOY0.8230.630+0.193
5Y0.8290.630+0.199
10Y0.8100.628+0.182
1.4.2. Debt to Equity Ratio

Measures if Chorus is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Chorus to the Telecom Services industry mean.
  • A Debt to Equity ratio of 480.0% means that company has $4.80 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Chorus Ltd:

  • The MRQ is 4.800. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.800. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.800TTM4.8000.000
TTM4.800YOY4.655+0.145
TTM4.8005Y4.841-0.041
5Y4.84110Y4.315+0.526
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8001.585+3.215
TTM4.8001.588+3.212
YOY4.6551.734+2.921
5Y4.8411.719+3.122
10Y4.3151.627+2.688

2. Market Valuation of Chorus Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Chorus generates.

  • Above 15 is considered overpriced but always compare Chorus to the Telecom Services industry mean.
  • A PE ratio of 187.16 means the investor is paying $187.16 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Chorus Ltd:

  • The EOD is 162.771. Based on the earnings, the company is expensive. -2
  • The MRQ is 187.162. Based on the earnings, the company is expensive. -2
  • The TTM is 187.162. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD162.771MRQ187.162-24.391
MRQ187.162TTM187.1620.000
TTM187.162YOY63.078+124.084
TTM187.1625Y93.670+93.492
5Y93.67010Y55.875+37.795
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD162.7719.691+153.080
MRQ187.1629.751+177.411
TTM187.16211.178+175.984
YOY63.07812.244+50.834
5Y93.67014.985+78.685
10Y55.87515.959+39.916
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Chorus Ltd:

  • The EOD is -336.182. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -386.560. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -386.560. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-336.182MRQ-386.560+50.377
MRQ-386.560TTM-386.5600.000
TTM-386.560YOY-1,686.150+1,299.590
TTM-386.5605Y-424.178+37.618
5Y-424.17810Y-218.587-205.591
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD-336.1825.215-341.397
MRQ-386.5604.732-391.292
TTM-386.5604.844-391.404
YOY-1,686.1506.275-1,692.425
5Y-424.1786.529-430.707
10Y-218.5876.688-225.275
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Chorus is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Telecom Services industry mean).
  • A PB ratio of 4.40 means the investor is paying $4.40 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Chorus Ltd:

  • The EOD is 3.828. Based on the equity, the company is fair priced.
  • The MRQ is 4.402. Based on the equity, the company is fair priced.
  • The TTM is 4.402. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.828MRQ4.402-0.574
MRQ4.402TTM4.4020.000
TTM4.402YOY3.923+0.479
TTM4.4025Y3.952+0.450
5Y3.95210Y2.961+0.990
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD3.8281.408+2.420
MRQ4.4021.349+3.053
TTM4.4021.479+2.923
YOY3.9231.792+2.131
5Y3.9521.834+2.118
10Y2.9612.311+0.650
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Chorus Ltd.

3.1. Funds holding Chorus Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx1.46-6538426--
2021-01-31DFA International Small Cap Value Portfolio0.95-4228727--
2021-01-31DFA Asia Pacific Small Company Series0.69999998-3118176--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.64-2855760--
2021-01-31DFA International Core Equity Portfolio0.46-2052557--
2021-02-28iShares MSCI EAFE Small Cap ETF0.45-2021347--
2021-02-28iShares Core MSCI EAFE ETF0.43-1917489--
2021-02-28iShares MSCI New Zealand ETF0.27-1208501--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index0.26-1167792--
2020-11-30Schwab Strategic Tr-Schwab International Small Cap Equity ETF0.14-630189--
Total 5.7599999802573896400.0%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Chorus Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1240.1240%0.077+61%-0.001+101%0.044+182%
Book Value Per Share--1.7611.7610%1.636+8%1.645+7%1.639+7%
Current Ratio--0.3960.3960%0.449-12%0.380+4%0.563-30%
Debt To Asset Ratio--0.8280.8280%0.823+1%0.8290%0.810+2%
Debt To Equity Ratio--4.8004.8000%4.655+3%4.841-1%4.315+11%
Dividend Per Share--0.2650.2650%0.154+72%0.154+72%0.106+149%
Eps--0.0410.0410%0.102-59%0.079-48%0.139-70%
Free Cash Flow Per Share---0.020-0.0200%-0.004-81%-0.408+1934%-0.342+1604%
Free Cash Flow To Equity Per Share---0.086-0.0860%-0.032-62%-0.217+151%-0.107+24%
Gross Profit Margin--0.4800.4800%0.828-42%0.806-40%0.883-46%
Intrinsic Value_10Y_max--4.974--------
Intrinsic Value_10Y_min---1.059--------
Intrinsic Value_1Y_max--0.044--------
Intrinsic Value_1Y_min---0.335--------
Intrinsic Value_3Y_max--0.478--------
Intrinsic Value_3Y_min---0.815--------
Intrinsic Value_5Y_max--1.330--------
Intrinsic Value_5Y_min---1.080--------
Market Cap2924398433.920-47%4293500000.0004293500000.0000%3704340000.000+16%3618450000.000+19%2621320077.148+64%
Net Profit Margin--0.0260.0260%0.066-62%0.051-50%0.078-67%
Operating Margin--0.2460.2460%0.246+0%0.256-4%0.278-11%
Operating Ratio--0.7620.7620%0.736+4%0.834-9%0.971-22%
Pb Ratio3.828-15%4.4024.4020%3.923+12%3.952+11%2.961+49%
Pe Ratio162.771-15%187.162187.1620%63.078+197%93.670+100%55.875+235%
Price Per Share6.740-15%7.7507.7500%6.420+21%6.498+19%4.892+58%
Price To Free Cash Flow Ratio-336.182+13%-386.560-386.5600%-1686.150+336%-424.178+10%-218.587-43%
Price To Total Gains Ratio17.315-15%19.90919.9090%27.746-28%316.604-94%171.234-88%
Quick Ratio--0.2520.2520%0.431-42%0.256-2%0.495-49%
Return On Assets--0.0040.0040%0.011-63%0.008-51%0.017-76%
Return On Equity--0.0240.0240%0.062-62%0.048-51%0.086-73%
Total Gains Per Share--0.3890.3890%0.231+68%0.153+155%0.150+159%
Usd Book Value--629333757.760629333757.7600%609204550.080+3%590496227.648+7%554974096.448+13%
Usd Book Value Change Per Share--0.0800.0800%0.050+61%-0.001+101%0.028+182%
Usd Book Value Per Share--1.1361.1360%1.056+8%1.061+7%1.058+7%
Usd Dividend Per Share--0.1710.1710%0.100+72%0.099+72%0.069+149%
Usd Eps--0.0270.0270%0.066-59%0.051-48%0.090-70%
Usd Free Cash Flow---7166202.778-7166202.7780%-1417454.402-80%-141600265.647+1876%-115025186.168+1505%
Usd Free Cash Flow Per Share---0.013-0.0130%-0.002-81%-0.263+1934%-0.220+1604%
Usd Free Cash Flow To Equity Per Share---0.056-0.0560%-0.021-62%-0.140+151%-0.069+24%
Usd Market Cap1886821869.565-47%2770166200.0002770166200.0000%2390040168.000+16%2334623940.000+19%1691275713.776+64%
Usd Price Per Share4.349-15%5.0005.0000%4.142+21%4.193+19%3.156+58%
Usd Profit--14800888.00014800888.0000%37890273.280-61%28417704.960-48%45468327.936-67%
Usd Revenue--580194809.600580194809.6000%571314276.800+2%563025779.520+3%576464985.824+1%
Usd Total Gains Per Share--0.2510.2510%0.149+68%0.099+155%0.097+159%
 EOD+3 -5MRQTTM+0 -0YOY+14 -225Y+22 -1410Y+20 -16

4.2. Fundamental Score

Let's check the fundamental score of Chorus Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15162.771
Price to Book Ratio (EOD)Between0-13.828
Net Profit Margin (MRQ)Greater than00.026
Operating Margin (MRQ)Greater than00.246
Quick Ratio (MRQ)Greater than10.252
Current Ratio (MRQ)Greater than10.396
Debt to Asset Ratio (MRQ)Less than10.828
Debt to Equity Ratio (MRQ)Less than14.800
Return on Equity (MRQ)Greater than0.150.024
Return on Assets (MRQ)Greater than0.050.004
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of Chorus Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.562
Ma 20Greater thanMa 506.894
Ma 50Greater thanMa 1007.130
Ma 100Greater thanMa 2007.115
OpenGreater thanClose6.820
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in NZD. All numbers in thousands.

Summary
Total Assets6,165,000
Total Liabilities5,102,000
Total Stockholder Equity1,063,000
 As reported
Total Liabilities 5,102,000
Total Stockholder Equity+ 1,063,000
Total Assets = 6,165,000

Assets

Total Assets6,165,000
Total Current Assets273,000
Long-term Assets5,776,000
Total Current Assets
Cash And Cash Equivalents 76,000
Net Receivables 98,000
Other Current Assets 99,000
Total Current Assets  (as reported)273,000
Total Current Assets  (calculated)273,000
+/-0
Long-term Assets
Property Plant Equipment 5,570,000
Intangible Assets 206,000
Other Assets 116,000
Long-term Assets  (as reported)5,776,000
Long-term Assets  (calculated)5,892,000
+/- 116,000

Liabilities & Shareholders' Equity

Total Current Liabilities690,000
Long-term Liabilities2,949,000
Total Stockholder Equity1,063,000
Total Current Liabilities
Short-term Debt 381,000
Short Long Term Debt 368,000
Accounts payable 280,000
Other Current Liabilities 410,000
Total Current Liabilities  (as reported)690,000
Total Current Liabilities  (calculated)1,439,000
+/- 749,000
Long-term Liabilities
Capital Lease Obligations 181,000
Long-term Liabilities Other 1,617,000
Long-term Liabilities  (as reported)2,949,000
Long-term Liabilities  (calculated)1,798,000
+/- 1,151,000
Total Stockholder Equity
Common Stock589,000
Retained Earnings 143,000
Accumulated Other Comprehensive Income 331,000
Total Stockholder Equity (as reported)1,063,000
Total Stockholder Equity (calculated)1,063,000
+/-0
Other
Capital Stock589,000
Cash and Short Term Investments 76,000
Common Stock Shares Outstanding 554,000
Current Deferred Revenue-381,000
Liabilities and Stockholders Equity 6,165,000
Net Debt 2,633,000
Net Invested Capital 3,591,000
Net Tangible Assets 857,000
Net Working Capital -417,000
Property Plant and Equipment Gross 12,075,000
Short Long Term Debt Total 2,709,000



Balance Sheet

Currency in NZD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-30
> Total Assets 
2,447,000
2,934,000
3,333,000
3,680,000
3,841,000
4,094,000
4,438,000
4,926,000
5,618,000
5,642,000
5,860,000
5,819,000
6,165,000
6,165,0005,819,0005,860,0005,642,0005,618,0004,926,0004,438,0004,094,0003,841,0003,680,0003,333,0002,934,0002,447,000
   > Total Current Assets 
22,000
341,000
377,000
375,000
251,000
268,000
316,000
224,000
433,000
165,000
202,000
222,000
273,000
273,000222,000202,000165,000433,000224,000316,000268,000251,000375,000377,000341,00022,000
       Cash And Cash Equivalents 
11,000
140,000
80,000
176,000
80,000
102,000
170,000
50,000
273,000
-266,000
53,000
88,000
76,000
76,00088,00053,000-266,000273,00050,000170,000102,00080,000176,00080,000140,00011,000
       Short-term Investments 
0
0
0
0
3,000
1,000
1,000
0
0
0
0
0
0
0000001,0001,0003,0000000
       Net Receivables 
11,000
197,000
280,000
186,000
168,000
165,000
145,000
154,000
146,000
143,000
122,000
125,000
98,000
98,000125,000122,000143,000146,000154,000145,000165,000168,000186,000280,000197,00011,000
       Other Current Assets 
0
4,000
17,000
13,000
3,000
1,000
1,000
20,000
6,000
22,000
27,000
9,000
99,000
99,0009,00027,00022,0006,00020,0001,0001,0003,00013,00017,0004,0000
   > Long-term Assets 
2,425,000
2,593,000
2,956,000
3,305,000
3,590,000
3,826,000
4,122,000
4,702,000
5,185,000
5,267,000
5,492,000
5,476,000
5,776,000
5,776,0005,476,0005,492,0005,267,0005,185,0004,702,0004,122,0003,826,0003,590,0003,305,0002,956,0002,593,0002,425,000
       Property Plant Equipment 
2,425,000
2,411,000
2,796,000
3,136,000
3,406,000
3,656,000
3,973,000
4,439,000
4,823,000
5,052,000
5,269,000
5,265,000
5,570,000
5,570,0005,265,0005,269,0005,052,0004,823,0004,439,0003,973,0003,656,0003,406,0003,136,0002,796,0002,411,0002,425,000
       Long Term Investments 
0
0
0
3,000
14,000
0
0
0
0
0
0
0
0
0000000014,0003,000000
       Intangible Assets 
0
180,000
153,000
166,000
159,000
160,000
142,000
182,000
137,000
215,000
223,000
211,000
206,000
206,000211,000223,000215,000137,000182,000142,000160,000159,000166,000153,000180,0000
       Other Assets 
0
0
0
0
14,000
10,000
7,000
163,000
164,000
210,000
166,000
121,000
116,000
116,000121,000166,000210,000164,000163,0007,00010,00014,0000000
> Total Liabilities 
2,014,000
2,407,000
2,709,000
2,949,000
3,022,000
3,223,000
3,494,000
3,904,000
4,639,000
4,715,000
4,871,000
4,790,000
5,102,000
5,102,0004,790,0004,871,0004,715,0004,639,0003,904,0003,494,0003,223,0003,022,0002,949,0002,709,0002,407,0002,014,000
   > Total Current Liabilities 
1,754,000
344,000
339,000
366,000
352,000
388,000
411,000
416,000
1,083,000
749,000
467,000
494,000
690,000
690,000494,000467,000749,0001,083,000416,000411,000388,000352,000366,000339,000344,0001,754,000
       Short-term Debt 
1,700,000
0
0
1,974,000
3,000
1,000
1,000
6,000
499,000
444,000
150,000
203,000
381,000
381,000203,000150,000444,000499,0006,0001,0001,0003,0001,974,000001,700,000
       Short Long Term Debt 
0
0
0
1,974,000
11,000
20,000
2,202,000
19,000
491,000
435,000
140,000
190,000
368,000
368,000190,000140,000435,000491,00019,0002,202,00020,00011,0001,974,000000
       Accounts payable 
0
0
0
119,000
104,000
98,000
86,000
89,000
94,000
279,000
278,000
264,000
280,000
280,000264,000278,000279,00094,00089,00086,00098,000104,000119,000000
       Other Current Liabilities 
0
167,000
191,000
247,000
248,000
290,000
325,000
321,000
25,000
470,000
189,000
230,000
410,000
410,000230,000189,000470,00025,000321,000325,000290,000248,000247,000191,000167,0000
   > Long-term Liabilities 
260,000
2,063,000
2,370,000
2,583,000
2,670,000
2,835,000
3,083,000
3,488,000
3,556,000
2,501,000
2,884,000
2,855,000
2,949,000
2,949,0002,855,0002,884,0002,501,0003,556,0003,488,0003,083,0002,835,0002,670,0002,583,0002,370,0002,063,000260,000
       Long term Debt Total 
0
0
0
0
1,900,000
1,828,000
1,971,000
2,317,000
2,342,000
2,610,000
3,032,000
0
0
003,032,0002,610,0002,342,0002,317,0001,971,0001,828,0001,900,0000000
       Other Liabilities 
0
0
0
609,000
709,000
817,000
881,000
1,043,000
1,123,000
1,208,000
1,313,000
1,294,000
1,294,000
1,294,0001,294,0001,313,0001,208,0001,123,0001,043,000881,000817,000709,000609,000000
> Total Stockholder Equity
422,000
527,000
624,000
731,000
819,000
871,000
944,000
1,022,000
979,000
927,000
989,000
1,029,000
1,063,000
1,063,0001,029,000989,000927,000979,0001,022,000944,000871,000819,000731,000624,000527,000422,000
   Common Stock
422,000
435,000
447,000
465,000
465,000
481,000
520,000
590,000
638,000
666,000
689,000
682,000
589,000
589,000682,000689,000666,000638,000590,000520,000481,000465,000465,000447,000435,000422,000
   Retained Earnings Total Equity0000000000000
   Accumulated Other Comprehensive Income 
0
-10,000
-1,000
-4,153,000
-3,000
-26,000
-22,000
-36,000
-83,000
-111,000
-51,000
60,000
331,000
331,00060,000-51,000-111,000-83,000-36,000-22,000-26,000-3,000-4,153,000-1,000-10,0000
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity -732,000-969,000-51,000-111,000-83,000-36,000-22,000-26,000-3,0000000



Balance Sheet

Currency in NZD. All numbers in thousands.




Cash Flow

Currency in NZD. All numbers in thousands.




Income Statement

Currency in NZD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue980,000
Cost of Revenue-295,000
Gross Profit685,000685,000
 
Operating Income (+$)
Gross Profit685,000
Operating Expense-452,000
Operating Income241,000233,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative88,000
Selling And Marketing Expenses13,000
Operating Expense452,000101,000
 
Net Interest Income (+$)
Interest Income4,000
Interest Expense-199,000
Other Finance Cost-0
Net Interest Income-195,000
 
Pretax Income (+$)
Operating Income241,000
Net Interest Income-195,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)31,000451,000
EBIT - interestExpense = 42,000
31,000
224,000
Interest Expense199,000
Earnings Before Interest and Taxes (EBIT)241,000230,000
Earnings Before Interest and Taxes (EBITDA)612,000
 
After tax Income (+$)
Income Before Tax31,000
Tax Provision-6,000
Net Income From Continuing Ops25,00025,000
Net Income25,000
Net Income Applicable To Common Shares25,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses747,000
Total Other Income/Expenses Net-210,000195,000
 

Technical Analysis of Chorus
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Chorus. The general trend of Chorus is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Chorus's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Chorus Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 6.740030989957 < 6.9262 < 6.936030125523.

The bearish price targets are: 6.3188101851852 > 6.3018026011561 > 5.9839509954058.

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Chorus Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Chorus Ltd. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I