Want to see AU:CKA full AI Analyst Report?
Top Page
Cokal
(Sydney:CKA)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.04
▼(-18.00% Downside)
Action:Reiterated
Date:10/02/26
The score is held down primarily by distressed financial performance (loss-making operations, negative equity, and ongoing cash burn). Technicals add further pressure with a clear downtrend versus all key moving averages and negative MACD, while valuation offers limited support because the negative P/E reflects unprofitability and no dividend yield is available.
Positive Factors
Revenue Growth Metric
The reported positive revenue-growth metric indicates some capacity to expand the top line despite broader volatility. If sustained, growth could improve operating leverage and provide a foundation for strengthening the business, although the financial statements show that durability has not yet been established.
Negative Factors
Negative Equity
Persistently negative and deteriorating equity signals a thin or impaired capital base and materially weakens solvency. It limits financial flexibility, makes leverage harder to assess economically, and increases the company’s exposure to refinancing and going-concern pressure over the coming periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Metric
The reported positive revenue-growth metric indicates some capacity to expand the top line despite broader volatility. If sustained, growth could improve operating leverage and provide a foundation for strengthening the business, although the financial statements show that durability has not yet been established.
Read all positive factors
Cokal (CKA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$46.39M
Dividend YieldN/A
Average Volume (3M)140.40K
Price to Earnings (P/E)―
Beta (1Y)2.16
Revenue Growth4.45%
EPS Growth-47.57%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryCoal
Share Statistics
EPS (TTM)-0.01
Shares Outstanding1,078,949,000
10 Day Avg. Volume77,194
30 Day Avg. Volume140,396
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)-1.57
Price to Sales (P/S)13.06
P/FCF Ratio-4.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$261.30M
Cokal Business Overview & Revenue Model
Company Description
Cokal Limited specializes in the exploration and development of coal resources within Indonesia. Its most significant asset is the Bumi Barito Mineral project, a metallurgical coal venture in which Cokal holds a 60% interest. This project, located...
How the Company Makes Money
null...
Cokal Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.55M | 3.37M | 3.67M | 16.32K | 27.24K |
| Gross Profit | -402.04K | -2.07M | -2.00M | -409.48K | -151.66K |
| EBITDA | -7.73M | -5.70M | ― | ― | ― |
| Net Income | -11.14M | ― | -9.82M | -9.15M | ― |
Balance Sheet | |||||
| Total Assets | 52.22M | 48.31M | 44.95M | 64.78M | 44.24M |
| Cash, Cash Equivalents and Short-Term Investments | 1.21M | 1.69M | 1.52M | 2.23M | 724.29K |
| Total Debt | 40.67M | 31.30M | 25.49M | 30.83M | 23.47M |
| Total Liabilities | 81.79M | 64.00M | 53.42M | 62.74M | 44.28M |
| Stockholders Equity | -29.57M | -15.69M | -8.47M | 2.04M | -40.85K |
Cash Flow | |||||
| Free Cash Flow | -9.47M | -5.59M | -4.95M | -19.87M | -17.15M |
| Operating Cash Flow | -5.76M | -1.67M | -957.47K | -8.60M | -11.63M |
| Investing Cash Flow | -3.60M | -3.92M | -4.89M | -11.27M | -5.52M |
| Financing Cash Flow | 8.93M | 5.74M | 4.98M | 21.34M | 17.41M |
Cokal Technical Analysis
Negative
0.05
Price Trends
0.05
Negative
0.05
Negative
0.06
Negative
Market Momentum
>-0.01
Positive
32.32
Neutral
30.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CKA, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 32.32 is Neutral, neither overbought nor oversold. The STOCH value of 30.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CKA.
Cokal Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | AU$2.41B | -41.03 | -2.42% | 4.43% | -6.27% | -1593.02% | |
64 Neutral | AU$6.28B | 15.55 | 6.64% | 1.36% | -7.39% | -39.72% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$143.98M | -2.14 | -37.07% | 4.83% | -21.07% | 26.64% | |
47 Neutral | AU$310.14M | -0.30 | -135.56% | 2.97% | -7.35% | -115.78% | |
42 Neutral | AU$46.39M | -2.86 | 46.39% | ― | 4.45% | -47.57% |
* Basic Materials Sector Average
AU:CKA
Cokal
0.04
>-0.01
-10.42%
AU:WHC
Whitehaven Coal Limited
7.36
0.79
12.02%
AU:SMR
Stanmore Resources Ltd
2.64
0.51
23.71%
AU:TER
TerraCom Limited
0.08
0.01
17.91%
AU:CRN
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh
0.18
-0.11
-37.50%
Cokal Corporate Events
Cokal Files 2026 Corporate Governance Statement and Appendix 4G
Sep 30, 2026
Cokal Limited, a coal-focused resources company listed on the ASX, has detailed its governance framework in line with the ASX Corporate Governance Council’s principles. The group discloses key governance documents, including its board charte...
Cokal Highlights Sustainable Focus in Metallurgical Coal Operations
Sep 30, 2026
Cokal Limited operates in the metallurgical coal industry, focusing on the production of high-quality coal used primarily in steelmaking. The company emphasizes sustainable and respectful mining practices, with a stated commitment to environmental...
Cokal’s BBM Mine Gains Debt Extension and Expanded Coal Marketing Deal
Sep 29, 2026
PT Bumi Barito Mineral, majority-owned by Cokal Limited, has secured a three-year extension on the repayment of a US$20 million capital sum from International Commodity Trade Pte Ltd. The revised terms defer principal and certain fee payments and ...
Cokal Reaffirms JORC-Based Reserves and Production Framework at BBM Coal Project
Aug 13, 2026
Cokal Limited has outlined the technical and reporting foundations underpinning its coal production targets at the Bumi Barito Mineral project, emphasising compliance with the 2012 JORC Code and reliance on previously released ASX announcements. T...
Cokal Restarts BBM Mining and Ships First Coking Coal Cargo to China
Jul 31, 2026
Cokal Limited, an ASX-listed producer of low volatile hard coking coal, holds majority stakes in four metallurgical coal tenements in Central Kalimantan, Indonesia, and fully owns Barito Samudera Nusantara, its logistics arm. The company’s i...
Cokal Restarts BBM Mining, Ships Coal to China and Seeks Higher 2026 Output
Jul 13, 2026
Cokal has provided an operational update on its Bumi Barito Mineral project in Central Kalimantan, highlighting progress across sales, mining, and infrastructure. The company continues to advance its strategy to become a significant metallurgical ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.