CMI LIMITED. (CMI)



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General Information
Company Name: CMI Limited
Stock Code: CMI
Website: www.cmilimited.com.au
GICS Sub-Industry: Industrial Machinery
Market Cap ($M): 48
Equiv. Shares (M): 34

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 1.420 $ 1.420 $ 1.420 $ 1.420 $ 1.425 756 $ -0.005  -0.351 %

Current Broker Consensus Recommendation more
Recommendation: Hold
Recommendation Date: 7th Sep 2006
12 Month Target Price (average): $1.2
Brokers Surveyed: 1

Company Overview

Business Description:
CMI Limited (CMI) is involved in the manufacture and distribution of electrical cables and components for industrial and mining applications, and accessories for the 4WD, SUV and Trade market segments. CMI’s head office is based in Brisbane, Australia. CMI has two wholly-owned subsidiaries, being CMI Operations Pty. Ltd. and TJM Product Pty. Ltd.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2012  A 5.3 15.7 -60.3 10.1 0.0 0.0 --
2011  A 13.3 39.5 -- 2.0 0.0 0.0 --
2010  A -1.4 -4.3 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F 2010 A 2011 F 2012 F
Austin Engineering (ANG) $250 M 0.4008 0.1228 0.1012 8.3354 7.4235 6.7416 0.0409 0.0488 0.0549
Bradken (BKN) $724 M 0.1425 0.0094 0.0388 7.1572 7.0908 6.8262 0.0724 0.0946 0.0914
Boart Longyear (BLY) $309 M -0.5841 -0.4316 0.3802 4.7018 8.2716 5.9928 0.1064 0.0309 0.0445
CMI (CMI) $49 M -0.6018 -- -- 9.0707 -- -- 0.0000 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
CMI 2.04 9.04 1.06 -- 0.43
Market 0.94 12.5 0.82 1.96 2.44
Sector 0.67 7.37 1.01 1.79 0.41

Directors
Name Position Start Date
Ms Sharyn Williams Company Secretary,Chief Financial Officer 15 March 2013
Mr Ross Kenneth Rolfe Non-Executive Director 13 May 2013
Ms Leanne Catelan Non-Executive Director 30 August 2011
Mr Danny Herceg Non-Executive Director,Non-Executive Chairman 09 March 2007

Management
Name Position
Jeff Heslington General Manager - Electrical Components Division
Stephen O'Brien General Manager - TJM Products Division

Substantial Shareholders
Holding Name
1,076,874 (3.19%) Moat Investments Pty Ltd
3,112,422 (9.22%) Tinkerbell Enterprises Pty Ltd atf the Leanne Catelan Trust
12,420,484 (36.80%) Le Rae Pty Ltd

Calendar of Events
Date Event
05 March 2014 Report (Interim)
26 February 2014 Report (Interim)
16 September 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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