Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Ecofibre. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Ecofibre's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ecofibre has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Ecofibre's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Ecofibre's earnings growth to the Australia market average as no estimate data is available.
Unable to compare Ecofibre's revenue growth to the Australia market average as no estimate data is available.
Unable to determine if Ecofibre is high growth as no earnings estimate data is available.
Unable to determine if Ecofibre is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Ecofibre's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Eric Wang has been Chief Executive Officer and Managing Director of Ecofibre Limited since December 2017 and has been its Director since December 2015. Mr. Wang has over twenty five years of leadership and executive management experience, both as an officer in the United States Army and as a financial services executive in Australia. Prior to joining Ecofibre, he served as Captain and Apache pilot in the US Army for eight years in a range of roles, including Troop Commander, Operations Officer, Executive Officer and Personnel Officer in the United States and Europe. He is the Chief Operating Officer at Petpetual Investments. He is also the Chief Operating Officer at Perpetual Limited. Mr. Wang joined Perpetual in 2004 and was appointed Chief Operating Officer in 2007. In this role, he is responsible for Product, Client Service, Operations, Information Technology, and Fund Accounting. Mr. Wang also has responsibility for Perpetual's Platform and Structured Products businesses. Previously, he was the Chief Operating Officer at the Wealth Management Division and the General Manager of Group Strategy. Prior to joining Perpetual, Mr. Wang was a Strategy Consultant at Bain and Company and a Captain in the US Army. Mr. Wang is currently a Director of Perpetual Investment Management Limited, Perpetual Superannuation Limited, and Perpetual Trustee Company Limited. He has a Bachelor of Science from the United States military academy, West Point and an M.B.A. from Dartmouth.
Insufficient data for Eric to compare compensation growth.
Insufficient data for Eric to establish whether their remuneration is reasonable compared to companies of similar size in Australia.
CEO, MD & Director
CFO & Company Secretary
VP of Global Operations
Chief Technology Officer
Chief Science Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Ecofibre board of directors is less than 3 years, this suggests a new board.
Ecofibre Limited, together with its subsidiaries, produces and sells hemp products in the United States and Australia. The company offers protein powders, dehulled hemp seeds, hemp oil, tinctures, and gel capsules. It also produces nutraceutical products for human and pet consumption, as well as topical creams and salves; and develops hemp related fiber products. The company was founded in 2009 and is based in Sydney, Australia.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.