Cervus Equipment Corporation provides equipment solutions to customers in agriculture, transportation, and industrial markets in Canada, Australia, and New Zealand. More Details
Adequate balance sheet with moderate growth potential.
Share Price & News
How has Cervus Equipment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CERV has not had significant price volatility in the past 3 months.
7 Day Return
CA Trade Distributors
1 Year Return
CA Trade Distributors
Return vs Industry: CERV underperformed the Canadian Trade Distributors industry which returned 11.3% over the past year.
Return vs Market: CERV exceeded the Canadian Market which returned -60.7% over the past year.
Price Volatility Vs. Market
How volatile is Cervus Equipment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StRead This Before Buying Cervus Equipment Corporation (TSE:CERV) For Its Dividend
3 weeks ago | Simply Wall StCervus Equipment's(TSE:CERV) Share Price Is Down 38% Over The Past Five Years.
1 month ago | Simply Wall StCervus Equipment Corporation (TSE:CERV) Pays A CA$0.015 Dividend In Just Four Days
Is Cervus Equipment undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CERV (CA$8.21) is trading below our estimate of fair value (CA$8.95)
Significantly Below Fair Value: CERV is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CERV is unprofitable, so we can't compare its PE Ratio to the CA Trade Distributors industry average.
PE vs Market: CERV is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CERV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CERV is good value based on its PB Ratio (0.6x) compared to the CA Trade Distributors industry average (1x).
How is Cervus Equipment forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CERV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: CERV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CERV's is expected to become profitable in the next 3 years.
Revenue vs Market: CERV's revenue (3.9% per year) is forecast to grow slower than the Canadian market (7.3% per year).
High Growth Revenue: CERV's revenue (3.9% 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 is currently unprofitable.
Growing Profit Margin: CERV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CERV is unprofitable, but has reduced losses over the past 5 years at a rate of 20.3% per year.
Accelerating Growth: Unable to compare CERV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CERV is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (9.8%).
Return on Equity
High ROE: CERV has a negative Return on Equity (-0.93%), as it is currently unprofitable.
How is Cervus Equipment's financial position?
Financial Position Analysis
Short Term Liabilities: CERV's short term assets (CA$413.6M) exceed its short term liabilities (CA$283.3M).
Long Term Liabilities: CERV's short term assets (CA$413.6M) exceed its long term liabilities (CA$107.7M).
Debt to Equity History and Analysis
Debt Level: CERV's debt to equity ratio (96.2%) is considered high.
Reducing Debt: CERV's debt to equity ratio has reduced from 195.3% to 96.2% over the past 5 years.
Debt Coverage: CERV's debt is well covered by operating cash flow (46.8%).
Interest Coverage: CERV is unprofitable, therefore interest payments are not well covered by earnings.
What is Cervus Equipment current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CERV's dividend (4.2%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: CERV's dividend (4.2%) is low compared to the top 25% of dividend payers in the Canadian market (6.04%).
Stability and Growth of Payments
Stable Dividend: CERV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CERV's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: CERV is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Angela Lekatsas (58 yo)
Ms. Angela S. Lekatsas, B. Comm., CA, CPA (Illinois) has been a Vice President and Treasurer of Agrium Inc. since 2011. Ms. Lekatsas serves as a President and Chief Executive Officer at Cervus Equipment Co ...
CEO Compensation Analysis
Compensation vs Market: Angela's total compensation ($USD260.94K) is above average for companies of similar size in the Canadian market ($USD174.80K).
Compensation vs Earnings: Angela's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||2.75yrs||CA$308.05k||0.12% |
|Vice President of Operations||6.25yrs||CA$329.77k||0% |
|Vice President of People||6.25yrs||CA$262.46k||0% |
|Vice President of Operations - Agriculture Canada||8.5yrs||CA$873.41k||1.13% |
|Vice President of Agriculture Canada||no data||CA$210.51k||0.0079% |
|Corporate Counsel & Corporate Secretary||2.5yrs||no data||0.011% |
|Managing Director||no data||CA$238.68k||no data|
|Director of Information Services||no data||no data||no data|
|Director of Human Resources||no data||no data||no data|
Experienced Management: CERV's management team is considered experienced (4.5 years average tenure).
|Independent Chairman of the Board||8.5yrs||CA$208.18k||18.1% |
|Independent Director||17.75yrs||CA$80.20k||0.25% |
|Independent Director||3.08yrs||CA$68.90k||0.067% |
|Independent Director||8.5yrs||CA$78.35k||0.046% |
|Independent Lead Director||no data||CA$86.04k||0.53% |
|Independent Director||1.08yrs||CA$21.53k||no data|
Experienced Board: CERV's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CERV 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 company bio, 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$126.188m
- Shares outstanding: 15.37m
- Website: https://www.cervusequipment.com
Number of Employees
- Cervus Equipment Corporation
- Harvest Hills Business Park
- 5201 – 333 96 Avenue NE
- T3K 0S3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CERV||TSX (The Toronto Stock Exchange)||Yes||Common Stock||CA||CAD||May 2003|
|VCE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2003|
|CSQP.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||May 2003|
Cervus Equipment Corporation provides equipment solutions to customers in agriculture, transportation, and industrial markets in Canada, Australia, and New Zealand. It operates through three segments: Agri ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 23:34|
|End of Day Share Price||2020/10/29 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.