Cervus Equipment Corporation, an equipment dealer, provides equipment solutions to customers in agriculture, transportation, and industrial markets in Canada, Australia, and New Zealand.
Cervus Equipment Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$19.50|
|52 Week High||CA$7.27|
|52 Week Low||CA$19.50|
|1 Month Change||0.62%|
|3 Month Change||35.98%|
|1 Year Change||127.01%|
|3 Year Change||57.13%|
|5 Year Change||50.70%|
|Change since IPO||4,775.00%|
Recent News & Updates
At CA$13.65, Is It Time To Put Cervus Equipment Corporation (TSE:CERV) On Your Watch List?
Cervus Equipment Corporation ( TSE:CERV ), is not the largest company out there, but it saw significant share price...
Is Cervus Equipment Corporation (TSE:CERV) Trading At A 21% Discount?
In this article we are going to estimate the intrinsic value of Cervus Equipment Corporation ( TSE:CERV ) by taking the...
|CERV||CA Trade Distributors||CA Market|
Return vs Industry: CERV exceeded the Canadian Trade Distributors industry which returned 38.2% over the past year.
Return vs Market: CERV exceeded the Canadian Market which returned 31.3% over the past year.
Stable Share Price: CERV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CERV's weekly volatility (7%) has been stable over the past year.
About the Company
Cervus Equipment Corporation, an equipment dealer, provides equipment solutions to customers in agriculture, transportation, and industrial markets in Canada, Australia, and New Zealand. It operates through three segments: Agricultural, Transportation, and Industrial. The company provides riding mower, gator utility vehicles, zero-turn mowers, tractors, commercial mowers, as well as cutters and shredders and front-end loaders.
Cervus Equipment Fundamentals Summary
|CERV fundamental statistics|
Is CERV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CERV income statement (TTM)|
|Cost of Revenue||CA$1.07b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.21|
|Net Profit Margin||2.65%|
How did CERV perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is Cervus Equipment undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CERV (CA$19.5) is trading above our estimate of fair value (CA$15)
Significantly Below Fair Value: CERV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CERV is good value based on its PE Ratio (8.8x) compared to the Canadian Trade Distributors industry average (10.2x).
PE vs Market: CERV is good value based on its PE Ratio (8.8x) compared to the Canadian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: CERV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CERV's PB Ratio (1.2x) is in line with the CA Trade Distributors industry average.
How is Cervus Equipment forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CERV's earnings are forecast to decline over the next 3 years (-17.6% per year).
Earnings vs Market: CERV's earnings are forecast to decline over the next 3 years (-17.6% per year).
High Growth Earnings: CERV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CERV's revenue (4.8% per year) is forecast to grow slower than the Canadian market (6.7% per year).
High Growth Revenue: CERV's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CERV's Return on Equity is forecast to be high in 3 years time
How has Cervus Equipment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CERV has high quality earnings.
Growing Profit Margin: CERV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CERV's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: CERV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CERV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (107.1%).
Return on Equity
High ROE: CERV's Return on Equity (13.2%) is considered low.
How is Cervus Equipment's financial position?
Financial Position Analysis
Short Term Liabilities: CERV's short term assets (CA$397.9M) exceed its short term liabilities (CA$256.5M).
Long Term Liabilities: CERV's short term assets (CA$397.9M) exceed its long term liabilities (CA$82.4M).
Debt to Equity History and Analysis
Debt Level: CERV's debt to equity ratio (53.1%) is considered high.
Reducing Debt: CERV's debt to equity ratio has reduced from 146.2% to 53.1% over the past 5 years.
Debt Coverage: CERV's debt is well covered by operating cash flow (47.5%).
Interest Coverage: CERV's interest payments on its debt are well covered by EBIT (6x coverage).
What is Cervus Equipment current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CERV's dividend (2.26%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: CERV's dividend (2.26%) is low compared to the top 25% of dividend payers in the Canadian market (4.54%).
Stability and Growth of Payments
Stable Dividend: CERV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CERV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.3%), CERV's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Angela Lekatsas (59 yo)
Ms. Angela S. Lekatsas, B. Comm., CA, CPA (Illinois) has been a Vice President and Treasurer of Agrium Inc. since 2011. Ms. Lekatsas serves as the President and Chief Executive Officer at Cervus Equipment...
CEO Compensation Analysis
Compensation vs Market: Angela's total compensation ($USD683.57K) is above average for companies of similar size in the Canadian market ($USD481.85K).
Compensation vs Earnings: Angela's compensation has been consistent with company performance over the past year.
Experienced Management: CERV's management team is considered experienced (2.4 years average tenure).
Experienced Board: CERV's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cervus Equipment Corporation's employee growth, exchange listings and data sources
- Name: Cervus Equipment Corporation
- Ticker: CERV
- Exchange: TSX
- Founded: 1982
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: CA$301.620m
- Shares outstanding: 15.47m
- Website: https://www.cervusequipment.com
Number of Employees
- Cervus Equipment Corporation
- Harvest Hills Business Park
- 6302, 333 - 96 Avenue NE
- T3K 0S3
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 22:08|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.