CLARIUS GROUP LIMITED (CND)



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General Information
Company Name: Clarius Group Limited
Stock Code: CND
Website: www.clarius.com.au
GICS Sub-Industry: Human Resource & Employment Services
Market Cap ($M): 25
Equiv. Shares (M): 90

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.245 $ 0.250 $ 0.250 $ 0.235 $ 0.275 58,479 $ -0.030  -10.909 %

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 21st Feb 2013
12 Month Target Price (average): $0.25
Brokers Surveyed: 1

Company Overview

Business Description:
Clarius Group Limited (CND, Candle Australia Limited) is a specialist in the employment services market providing recruitment, contractor and staffing services in the Accounting, Administration, Banking, Finance, Information Management, Information Technology, Library, Marketing, Records, Sales and Senior Management markets to governments and corporations across the Asia Pacific region.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  F 3.2 3.5 133.3 7.9 1.9 6.9 --
2013  F 1.3 1.5 -- 18.8 0.5 1.9 --
2012  A -9.4 -10.6 -- 0.0 1.0 2.1 100.0
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Clarious Group (CND) $25 M -- -- 1.3767 -- 18.8356 7.9251 0.0364 0.0189 0.0691
SEEK (SEK) $3,750 M 0.0574 0.3537 0.1980 36.3220 26.8310 22.3971 0.0156 0.0185 0.0215
Skilled (SKE) $591 M 0.3746 0.0714 0.1020 10.6303 9.9216 9.0036 0.0514 0.0613 0.0672
Trade Me Group (TME) $1,715 M -- 0.0257 0.1373 22.6702 22.1031 19.4345 0.0180 0.0362 0.0412

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CND 3.00 10,678 0.31 203.3 0.09
Market 1.13 13.2 0.92 2.50 2.58
Sector 0.66 11.2 1.21 1.20 0.54

Directors
Name Position Start Date
Mrs Penelope (Penny) Morris Non-Executive Director 23 August 2005
Mr Geoffrey J Moles Non-Executive Director 01 March 1984
Mr Simon Columb Mark Kelly Non-Executive Director 24 August 2011
Mr Lawrence J Gibbs Non-Executive Director,Non-Executive Chairman 29 August 2001

Management
Name Position
Kym Quick Chief Executive Officer,Managing Director
Anne L Bastock Chief Financial Officer
Nicholas (Nick) John Victor Geddes Company Secretary
Paul A Barbaro Executive General Manager - Alliance, Lloyd Morgan and Ignite
Linda Trevor Executive General Manager - Candle

Substantial Shareholders
Holding Name
17,147,743 (19.45%) Victor John Plummer
5,803,325 (6.58%) Perpetual Limited and subsidiaries
4,678,948 (5.31%) Moles Geoffrey J

Calendar of Events
Date Event
19 February 2014 Report (Interim)
06 November 2013 Report (Annual)
18 October 2013 Report (Annual)
28 August 2013 Report (Annual)
21 August 2013 Report (Prelim)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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