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Clean TeQ Water Ltd
(Sydney:CNQ)
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Rating:54Neutral
Price Target:
AU$0.57
â–Ľ(-26.49% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily driven by improving but still negative profitability (losses and negative ROE) despite better revenue growth, margins, and reduced leverage. Technicals add support via a positive longer-term trend and positive MACD, while valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Revenue rebound
The FY2026 rebound indicates improving demand or execution in the company’s engineered water-treatment business. If revenue growth persists, greater project activity could improve operating leverage and strengthen the platform for future profitability, although the latest increase alone does not establish a durable trend.
Negative Factors
Ongoing losses
Clean TeQ Water has not yet reached sustainable profitability despite improved revenue and margins. Continued net losses and negative operating profit limit internally funded growth, while negative ROE indicates that the enlarged equity base is not currently generating adequate returns for shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The FY2026 rebound indicates improving demand or execution in the company’s engineered water-treatment business. If revenue growth persists, greater project activity could improve operating leverage and strengthen the platform for future profitability, although the latest increase alone does not establish a durable trend.
Read all positive factors
Clean TeQ Water Ltd (CNQ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$46.30M
Dividend YieldN/A
Average Volume (3M)48.64K
Price to Earnings (P/E)―
Beta (1Y)-0.42
Revenue Growth70.95%
EPS Growth44.29%
CountryAU
Employees23
SectorUtilities
Sector Strength65
IndustryRegulated Water
Share Statistics
EPS (TTM)-0.02
Shares Outstanding89,041,700
10 Day Avg. Volume50,417
30 Day Avg. Volume48,643
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)4.48
Price to Sales (P/S)1.97
P/FCF Ratio150.36
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)N/A
Revenue Forecast (FY)N/A
Clean TeQ Water Ltd Business Overview & Revenue Model
Company Description
Clean TeQ Water Limited provides advanced solutions for metal extraction and water purification to both governmental bodies and private companies. The firm's technological offerings span a diverse range of innovations, including continuous ionic f...
Clean TeQ Water Ltd Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
58
Neutral
Cash Flow
45
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.66M | 11.50M | 11.50M | 12.34M | 11.35M |
| Gross Profit | 1.58M | 294.59K | -3.49M | -1.46M | -7.77M |
| EBITDA | -334.62K | -1.77M | -5.49M | -5.00M | -10.96M |
| Net Income | -2.02M | -3.04M | -4.28M | -5.49M | -11.06M |
Balance Sheet | |||||
| Total Assets | 20.69M | 12.35M | 13.38M | 12.53M | 12.59M |
| Cash, Cash Equivalents and Short-Term Investments | 7.76M | 2.52M | 2.15M | 4.63M | 5.90M |
| Total Debt | 1.84M | 2.77M | 343.30K | 343.15K | 24.98K |
| Total Liabilities | 12.26M | 8.37M | 5.80M | 4.54M | 3.85M |
| Stockholders Equity | 8.64M | 4.09M | 7.58M | 7.99M | 8.74M |
Cash Flow | |||||
| Free Cash Flow | 257.58K | -2.96M | -3.83M | -5.79M | -10.63M |
| Operating Cash Flow | 316.64K | -2.86M | -3.80M | -5.56M | -10.44M |
| Investing Cash Flow | 788.55K | 203.97K | -28.44K | -224.91K | 16.28M |
| Financing Cash Flow | 4.56M | 2.35M | 1.17M | 4.87M | -268.82K |
Clean TeQ Water Ltd Technical Analysis
Negative
0.77
Price Trends
0.68
Negative
0.60
Negative
0.50
Positive
Market Momentum
-0.03
Positive
38.98
Neutral
42.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CNQ, the sentiment is Negative. The current price of 0.77 is above the 20-day moving average (MA) of 0.61, above the 50-day MA of 0.68, and above the 200-day MA of 0.50, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 38.98 is Neutral, neither overbought nor oversold. The STOCH value of 42.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CNQ.
Clean TeQ Water Ltd Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | AU$194.43M | 9.52 | 12.50% | 4.46% | -24.95% | -101.95% | |
54 Neutral | AU$46.30M | -22.22 | -22.48% | ― | 70.95% | 44.29% | |
53 Neutral | AU$54.98M | -3.49 | -29.29% | ― | -11.57% | -123.18% |
* Utilities Sector Average
AU:CNQ
Clean TeQ Water Ltd
0.52
-0.04
-6.31%
AU:RIV
Duxton Water Ltd.
1.24
-0.17
-12.18%
AU:RWL
Rubicon Water Limited
0.23
0.00
0.00%
Clean TeQ Water Ltd Corporate Events
Clean TeQ Water Sets 2026 Virtual AGM and Streamlines Investor Access
Oct 23, 2026
Clean TeQ Water Limited has called its Annual General Meeting for Wednesday, 25 November 2026, at 10:00am AEDT, to be held virtually online. Shareholders are encouraged to lodge proxies by 10:00am AEDT on Monday, 23 November 2026, and to pre‑...
Clean TeQ Water Seeks ASX Quotation for New Employee Incentive Shares
Oct 23, 2026
Clean TeQ Water has applied to the ASX for quotation of 201,418 fully paid ordinary shares. The shares were issued for nil consideration to eligible employees under the company’s Employee Incentive Plan, reflecting the ongoing use of equity-...
Clean TeQ Water Grants Performance-Based Shares to Employees
Oct 23, 2026
Clean TeQ Water Limited has issued 201,418 fully paid ordinary shares at nil consideration to eligible employees under its Employee Incentive Plan, following the achievement of key performance indicators approved by shareholders at the 2023 Annual...
Clean TeQ Water Turns Cash Flow Positive as Receipts Surge 60%
Oct 19, 2026
Clean TeQ Water has reported a strong start to FY27, highlighting a 60% increase in receipts and a move to positive cash flow, underpinned by projects delivering on schedule. The operational momentum suggests improving financial health and executi...
Clean TeQ Water posts strong cash quarter as global critical minerals and water projects advance
Oct 13, 2026
Clean TeQ Water reported a strong start to FY27, with customer receipts rising 60% to $10.2 million, positive operating cash flow of $0.75 million and cash reserves increasing to $9.2 million, supported by an expanded bonding facility. The company...
Clean TeQ Water Adjusts Capital Structure as Performance Rights Lapse
Oct 13, 2026
Clean TeQ Water Ltd has notified the cessation of 322,404 performance rights (ASX code CNQAP) that were due to expire on various dates, following a lapse of conditional rights because the performance conditions were not met or can no longer be sat...
Clean TeQ Water Issues New Unquoted Performance Rights Under Incentive Plan
Sep 7, 2026
Clean TeQ Water Limited has notified the market of the issue of 621,014 unquoted performance rights under its employee incentive scheme. The securities, identified by ASX code CNQAP and expiring on various dates, were issued on 2 September 2026 an...
Clean TeQ Water Confirms ASX Corporate Governance Compliance for FY2026
Aug 31, 2026
Clean TeQ Water Limited has lodged its Appendix 4G and confirmed that its corporate governance statement for the year ended 30 June 2026 is available on its website, in line with ASX Listing Rules. The board has approved the statement as accurate ...
Clean TeQ Water CEO Increases Stake Through Vesting of Performance Rights
Aug 19, 2026
Clean TeQ Water Ltd has disclosed a change in director Peter Voigt’s interests, with the chief executive receiving 375,000 fully paid ordinary shares. The shares were issued following the vesting and conversion of CEO performance rights that...
Clean TeQ Water Corrects AGM Reference in Share Quotation Filing
Aug 18, 2026
Clean TeQ Water Limited has updated its Appendix 2A application for quotation of securities to correct the annual general meeting year referenced in a prior filing. The amendment clarifies that CEO performance rights were approved at the 27 Novemb...
Clean TeQ Water expands ASX-listed share base with new issuance
Aug 18, 2026
Clean TeQ Water Ltd has applied for quotation of 375,000 new ordinary fully paid shares on the ASX, with an issue date of 18 August 2026. The additional securities, arising from the exercise or conversion of existing instruments, modestly expand t...
Clean TeQ Water Issues Shares on Vesting of CEO Performance Rights
Aug 18, 2026
Clean TeQ Water Limited has issued 375,000 fully paid ordinary shares following the vesting and conversion of CEO performance rights that were previously approved by shareholders at the company’s 2025 Annual General Meeting. The new shares w...
Clean TeQ Water Gains First Recurring Revenue and European Reference Plant
Aug 5, 2026
Clean TeQ Water has delivered its first recurring revenue and secured its first European reference plant, marking a significant operational milestone in its commercial rollout. These developments suggest the company is beginning to translate its p...
Clean TeQ Water Schedules Investor Webinar to Outline June Quarter and Outlook
Aug 4, 2026
Clean TeQ Water Limited has invited shareholders and investors to a webinar where CEO and Managing Director Peter Voigt will present activities from the June quarter and discuss the company’s outlook. The session, scheduled for 6 August at 9...
Clean TeQ Water Names Interim CFO as Long‑Serving Finance Chief Resigns
Jul 31, 2026
Clean TeQ Water has announced the resignation of Chief Financial Officer Magda Klapakis after five years, during which she helped build the finance function and support the company’s governance and growth as an ASX‑listed business. She...
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.