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Close the Loop Ltd (CLG) Fair Value & Analysis

Industrials · AU · Market cap A$19.0M

CT Close the Loop Ltd CLG · AU
PriceA$0.0260
Fair ValueA$0.0510
Upside+96.2%
Quality18/100
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Mixed Growth
Loss-making · -27.6% net margin
Low debt · generates free cash flow
Trails peers (4/11)
Narrow moat 13/100
Evidence: Medium Range A$0.0330 – A$0.0690 Share as image

Fair value as of: Jul 16, 2026

From 9 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from A$0.0230 to A$0.0510 (+121.4%) since Jun 26, 2026. Share price −18.8% over the past month.

Below-average quality, screening 96% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (18/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (A$0.0330). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (A$0.0330 to A$0.0690) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$0.4950 A$0.0190 Fair Value A$0.0510 Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

56‑month range A$0.0190 – A$0.4950 · fair‑value band A$0.0330 – A$0.0690 · the A$0.0260 price screens below the A$0.0510 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Close the Loop Ltd (CLG) currently trades at A$0.0260, while our model-based Fair Value estimate is A$0.0510, implying the stock looks roughly 96.2% undervalued today. The Quality Score stands at 18/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Close the Loop Ltd generated revenue of A$197M at a net margin of -27.6%. Revenue grew 1.8% year over year. It earns a return on equity of -37.0%. Net debt stands at A$84.1M. Fundamentals as of Jul 16, 2026

Our scenario range runs from A$0.0330 (bear case) to A$0.0690 (bull case); at A$0.0260, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 62% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at 96%, CLG screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$0.0800 A$0.1000 A$0.1300 80
EV/EBITDA A$0.2300 A$0.2900 A$0.3500 54
NCAV (Graham) A$0.1000 A$0.1400 A$0.2000 50
All 9 models by family
DCF Models
FCF DCF A$0.0800 A$0.1000 A$0.1300 38
5Y Revenue Exit A$0.0800 A$0.1000 A$0.1400 39
5Y EBITDA Exit A$0.1800 A$0.3000 A$0.5300 41
10Y Revenue Exit A$0.0800 A$0.1100 A$0.1300 36
10Y EBITDA Exit A$0.1400 A$0.2900 A$0.5600 37
Multiples
EV/EBITDA A$0.2300 A$0.2900 A$0.3500 54
EV/Revenue A$0.0800 A$0.0900 A$0.1000 43
Asset-Based
NCAV (Graham) A$0.1000 A$0.1400 A$0.2000 50
Growth DCF
Growth DCF A$0.0800 A$0.1000 A$0.1300 80

Widest divergence: Asset-Based (A$0.1400) versus Multiples (A$0.0900). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$197M
Revenue growth (YoY) +1.8%
Net margin -27.6%
Return on equity -37.0%
Free cash flow A$1.5M FY2025
Operating margin 0.0%
More key figures
EPS (TTM) A$-0.0800
EPS growth (YoY) -41.1%
Net debt A$84.1M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 18/100

Of which business quality 25 · Market factors (momentum, volatility) 32

Profitability 17
Margins and returns on capital today
Quality Growth 9
Are margins and returns improving?
Cashflow 14
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 36
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Close the Loop Ltd engages in the collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. It operates through Packaging and Resource Recovery segments.

Full company description

Close the Loop Ltd engages in the collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. It operates through Packaging and Resource Recovery segments. The company take back, recovers, and reuse of complex waste streams, including cosmetics, imaging consumables, plastics, and paper and cartons. In addition, it provides flexible, carton, flexographic print, and seafood packaging, and bulk storage solutions. Additionally, the company supplies thermal paper and other paper products. Further, it offers asphalt additive under TonerPlas. The company was founded in 2000 and is based in Oakleigh South, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Close the Loop Ltd reported revenue of A$195M in FY2025 versus A$26.8M in FY2021, a compound +64.3%/yr. Reported net income was −A$22.2M in FY2025.

Growth Quality 48/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$195M
Latest YoY
−8.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+40.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.7%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+19.6%
Revenue +64.3%/yr
FY21 A$26.8M
FY22 A$70.1M
FY23 A$136M
FY24 A$213M
FY25 A$195M
Net income
FY21 A$4.3M
FY22 A$4.6M
FY23 A$12.2M
FY24 A$11.0M
FY25 −A$22.2M
Character of growth · EPS growth decomposed (2014-2025) +3.2 % p.a.
Revenue per share +3.6 pp

of which total revenue +24.6 pp · buybacks/dilution −21.0 pp

EBIT margin +4.2 pp
Tax rate −2.1 pp
Residual (interest, one-offs) −2.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Close the Loop Ltd Fair Value". https://www.fairvalue-calculator.com/stock/CLG

Peer Group

Waste Management · 166 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 18 · Bottom 25%
Fair Value upside +92% · Top 25%
Return on assets -3% · Bottom 25%
Net margin (TTM) -28% · Bottom 25%
Operating margin (TTM) -0% · Below median
Revenue growth 2% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Waste Management median · lower = cheaper

P/B 0.11× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
P/FCF 8.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 8
FUTURE 9 · sector 22
PAST 0 · sector 25
HEALTH 100 · sector 81
DIVIDEND 0 · sector 30

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥16.18 ¥20.91 +29%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

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Frequently asked questions

Is Close the Loop Ltd (CLG) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of A$0.0510 versus a price of A$0.0260, about +96% (undervalued).
What is the fair value of CLG?
Our model-based fair value for Close the Loop Ltd is A$0.0510 (as of Jul 16, 2026), built from audited fundamentals. The current price is A$0.0260.
What is the quality score of CLG?
Close the Loop Ltd has a Quality Score of 18/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Close the Loop Ltd (CLG)?
Close the Loop Ltd reported trailing-twelve-month revenue of about A$197M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of CLG?
The net profit margin of Close the Loop Ltd is about -27.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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