Clean Seas Tuna trading at low volume

Clean Seas Tuna trading at low volume

AUSTRALIA Tuesday, January 29, 2013 Clean Seas Tuna Limited (CSS.AU), Australia's 21st largest food,beverage & tobacco company by market capitalisation, closed unchanged at 1.80c. Compared with the All Ordinaries Index, which rose 51.9 points (or 1.1%) on the day, this was a relative price change of -1.1%. The volume was 0.04 times the average trading of 759,950 shares. The stock was unchanged for a second day on Tuesday. Valuation - Price/Sales of 0.4 versus sector average of 1.1 and market average of 1.4. We estimate the shares are trading at a current year Price/Sales of 0.4 and a forward year Price/Sales of 0.5. - The Price to Book of 0.25 is lower than the average of 2.7 for the Food,Beverage & Tobacco sector and 2.6 for the Total Australian Market. We estimate the shares are trading at a current year Price to Book of 0.3 and a forward year Price to Book of 0.4. - The company is cash rich with Cash to Market Capitalisation at 42.7% - Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 3% of stock by value of Q Ratio.