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Empire Industries

TSXV:EIL
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EIL
TSXV
CA$49M
Market Cap
  1. Home
  2. CA
  3. Capital Goods
Company description

Empire Industries Ltd. designs, builds, supplies, and installs premium entertainment attractions and ride systems for the entertainment industry. The last earnings update was 49 days ago. More info.


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EIL Share Price and Events
7 Day Returns
-1%
TSXV:EIL
0%
CA Construction
0%
CA Market
1 Year Returns
10.5%
TSXV:EIL
-22.3%
CA Construction
-2.8%
CA Market
EIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Empire Industries (EIL) -1% 1.1% 25% 10.5% 26.7% -25.8%
CA Construction 0% 1.7% -8.5% -22.3% -7.1% -8.9%
CA Market 0% 1% -1.7% -2.8% 8% 1%
1 Year Return vs Industry and Market
  • EIL outperformed the Construction industry which returned -22.3% over the past year.
  • EIL outperformed the Market in Canada which returned -2.8% over the past year.
Price Volatility
EIL
Industry
5yr Volatility vs Market

EIL Value

 Is Empire Industries undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.

In this section, we usually try to help investors determine whether Empire Industries is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Empire Industries has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Empire Industries. This is due to cash flow or dividend data being unavailable. The share price is CA$0.475.
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 Empire Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Empire Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:EIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.50
TSXV:EIL Share Price ** TSXV (2019-07-16) in CAD CA$0.48
Canada Construction Industry PE Ratio Median Figure of 5 Publicly-Listed Construction Companies 26.64x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 15.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Empire Industries.

TSXV:EIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:EIL Share Price ÷ EPS (both in CAD)

= 0.48 ÷ -0.50

-0.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Empire Industries is loss making, we can't compare its value to the CA Construction industry average.
  • Empire Industries is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Empire Industries's expected growth come at a high price?
Raw Data
TSXV:EIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Construction Industry PEG Ratio Median Figure of 28 Publicly-Listed Construction Companies 1.2x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Empire Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Empire Industries's assets?
Raw Data
TSXV:EIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$-0.32
TSXV:EIL Share Price * TSXV (2019-07-16) in CAD CA$0.48
Canada Construction Industry PB Ratio Median Figure of 9 Publicly-Listed Construction Companies 1.46x
Canada Market PB Ratio Median Figure of 2,440 Publicly-Listed Companies 1.43x
TSXV:EIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:EIL Share Price ÷ Book Value per Share (both in CAD)

= 0.48 ÷ -0.32

-1.49x

* Primary Listing of Empire Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Empire Industries has negative assets, we can't compare the value of its assets to the CA Construction industry average.

Next steps:

  1. Take a look at our analysis of EIL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Empire Industries's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Construction industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Empire Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Empire Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EIL Future Performance

 How is Empire Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Empire Industries 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 growth 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 it right!
Annual Growth Rate
41.7%
Expected Construction industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Empire Industries expected to grow at an attractive rate?
  • Unable to compare Empire Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Empire Industries's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Empire Industries's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:EIL Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Construction Industry Earnings Growth Rate Market Cap Weighted Average 41.7%
Canada Construction Industry Revenue Growth Rate Market Cap Weighted Average 2.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 13.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:EIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:EIL Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 138 -12 -50
2018-12-31 141 -4 -50
2018-09-30 148 -13 -12
2018-06-30 137 -14 -10
2018-03-31 136 -2 -8
2017-12-31 132 3 -9
2017-09-30 132 9 -1
2017-06-30 121 10 -3
2017-03-31 120 -2 -5
2016-12-31 118 -6 1
2016-09-30 124 1 5
2016-06-30 130 -2 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Empire Industries is high growth as no earnings estimate data is available.
  • Unable to determine if Empire Industries 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.
Raw Data
TSXV:EIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Empire Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EIL Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.50
2018-12-31 -0.53
2018-09-30 -0.14
2018-06-30 -0.13
2018-03-31 -0.11
2017-12-31 -0.13
2017-09-30 -0.02
2017-06-30 -0.05
2017-03-31 -0.07
2016-12-31 0.02
2016-09-30 0.07
2016-06-30 0.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Empire Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of EIL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Empire Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Empire Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Empire Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Empire Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EIL Past Performance

  How has Empire Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Empire Industries's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Empire Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Empire Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Empire Industries's 1-year growth to the CA Construction industry average as it is not currently profitable.
Earnings and Revenue History
Empire Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Empire Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EIL Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 138.47 -49.59 19.13
2018-12-31 140.94 -50.46 20.98
2018-09-30 147.96 -12.39 22.66
2018-06-30 137.30 -10.47 23.11
2018-03-31 135.97 -7.70 21.99
2017-12-31 131.76 -8.84 21.06
2017-09-30 132.22 -1.13 19.93
2017-06-30 121.41 -3.48 18.32
2017-03-31 119.54 -4.82 17.97
2016-12-31 117.99 1.41 17.46
2016-09-30 124.12 4.64 16.70
2016-06-30 130.16 6.07 16.42
2016-03-31 130.42 6.67 15.70
2015-12-31 131.23 1.85 15.03
2015-09-30 133.43 3.75 15.63
2015-06-30 131.84 3.32 16.04
2015-03-31 136.03 4.16 16.35
2014-12-31 141.16 6.06 16.95
2014-09-30 136.79 4.27 16.33
2014-06-30 134.13 5.19 16.16
2014-03-31 127.72 4.56 15.30
2013-12-31 117.80 4.42 14.41
2013-09-30 110.89 2.23 12.40
2013-06-30 96.93 0.98 10.88
2013-03-31 90.68 0.85 10.24
2012-12-31 83.69 0.95 9.35
2012-09-30 70.31 0.73 8.72

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Empire Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Empire Industries has efficiently used its assets last year compared to the CA Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Empire Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Empire Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Empire Industries 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.

Full details on the Past part of the Simply Wall St company analysis model.

EIL Health

 How is Empire Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Empire Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Empire Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Empire Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Empire Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Empire Industries has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Empire Industries Company Filings, last reported 3 months ago.

TSXV:EIL Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -30.68 30.32 0.08
2018-12-31 -31.00 16.89 0.14
2018-09-30 22.06 20.19 0.21
2018-06-30 21.96 20.22 0.08
2018-03-31 20.07 20.65 0.09
2017-12-31 12.59 14.57 0.08
2017-09-30 23.85 21.74
2017-06-30 21.78 20.37
2017-03-31 20.33 26.22 0.09
2016-12-31 20.15 27.42 0.10
2016-09-30 22.41 21.08
2016-06-30 22.19 20.30
2016-03-31 27.45 13.06 0.06
2015-12-31 23.66 10.76 0.08
2015-09-30 23.26 13.26
2015-06-30 22.23 9.79
2015-03-31 21.15 16.57
2014-12-31 22.00 14.68 0.03
2014-09-30 19.08 12.85
2014-06-30 18.32 16.74 0.01
2014-03-31 16.62 9.51
2013-12-31 15.34 12.87 0.31
2013-09-30 13.83 6.70 0.03
2013-06-30 9.30 3.78 0.03
2013-03-31 8.30 9.39 0.03
2012-12-31 7.20 6.83 0.03
2012-09-30 9.48 4.03 0.81
  • Empire Industries has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Empire Industries's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Empire Industries has less than a year of cash runway based on current free cash flow.
  • Empire Industries has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.8% each year.
X
Financial health checks
We assess Empire Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Empire Industries has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EIL Dividends

 What is Empire Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Empire Industries dividends.
If you bought CA$2,000 of Empire Industries shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Empire Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Empire Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:EIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Construction Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Empire Industries has not reported any payouts.
  • Unable to verify if Empire Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Empire Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Empire Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Empire Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Empire Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Empire Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EIL Management

 What is the CEO of Empire Industries's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Kenneth Nelson
COMPENSATION CA$350,706
AGE 64
TENURE AS CEO 13.1 years
CEO Bio

Mr. Kenneth Guy Nelson, MBA, B. Comm., has been the Chief Executive Officer of Empire Industries Ltd. since June 15, 2006 and serves as its President. He served as an Acting Chief Financial Officer of Teletrips, Inc. Mr. Nelson served as the Chief Executive Officer and President of Empire Iron Works Ltd. He served as the Chief Executive Officer of Empire Industries Ltd. He was responsible for corporate development and M&A for Bracknell Corporation from 1988 to 1997. During his tenure at Bracknell. Mr. Nelson was instrumental in strategically focusing and re-positioning Teletrips' business plan and identifying and attracting the Teletrips necessary to execute the aggressive plan successfully. He was the Chief Executive Officer of Associated Proteins LP from 2004 to 2007. He served as Vice President of Bracknell Corporation from 1991 to 1997. He founded Ward Empire Group in 1997 and led the growth of this steel fabrication and materials handling manufacturing company. He has been an Executive Chairman of Empire Industries Ltd. since January 2014 and has been its Executive Director since June 15, 2006. He has been Non-Executive Chairman at Tornado Global Hydrovacs Inc. since 2016. He has been Chairman of Better Work Place Inc. since September 2001. He serves as the Chairman of the Ward Empire Group. He has been the Chairman of Empire Iron Works Ltd. since 1997. He was Director of Associated Proteins LP from 2004 to 2007. He served as Director of Bracknell Corporation from 1991 to 1997. He served as the Chairman of Empire Industries Ltd. and Teletrips, Inc. He serves as a Director of Empire Iron Works Ltd. and ACE Industrial Services Ltd. Mr. Nelson holds a Bachelor of Commerce degree from University of Alberta in 1977 and an MBA from Ivey School of Business, University of Western Ontario in 1979.

CEO Compensation
  • Kenneth's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Kenneth's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Empire Industries management team in years:

7.2
Average Tenure
  • The average tenure for the Empire Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Kenneth Nelson

TITLE
Executive Chairman
COMPENSATION
CA$351K
AGE
64
TENURE
13.1 yrs

Mike Martin

TITLE
Chief Financial Officer
COMPENSATION
CA$233K
TENURE
7.2 yrs

Hao Wang

TITLE
President & COO of Dynamic Attractions
COMPENSATION
CA$551K
TENURE
1.5 yrs

Paul Poirier

TITLE
Vice President of Strategic Accounts & Service - Dynamic Attractions
COMPENSATION
CA$677K

Allan Francis

TITLE
VP of Corporate Affairs & Administration and Corporate Secretary
COMPENSATION
CA$249K
TENURE
8.6 yrs

Brian Peebles

TITLE
Senior Vice President of Co-Ventures
TENURE
2 yrs

Rob Third

TITLE
President of George Third & Son Limited
COMPENSATION
CA$278K
TENURE
42.5 yrs

Brett Third

TITLE
Co-President of George Third & Son Ltd and President of Empire Dynamic Structures Ltd
COMPENSATION
CA$278K
AGE
67

Ye Zhou

TITLE
President of Dynamic Structures
COMPENSATION
CA$299K
TENURE
6.5 yrs
Board of Directors Tenure

Average tenure of the Empire Industries board of directors in years:

6
Average Tenure
  • The tenure for the Empire Industries board of directors is about average.
Board of Directors

Kenneth Nelson

TITLE
Executive Chairman
COMPENSATION
CA$351K
AGE
64
TENURE
5.5 yrs

Ian MacDonald

TITLE
Non-Executive Chairman
COMPENSATION
CA$98K

Bob Marshall

TITLE
Independent Director
COMPENSATION
CA$329K
TENURE
11.7 yrs

Terry Quinn

TITLE
Independent Director
COMPENSATION
CA$165K
TENURE
9.1 yrs

Jack Chang

TITLE
Independent Director
COMPENSATION
CA$36K
TENURE
6 yrs

Jie Chui

TITLE
Director
AGE
56
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
08. May 19 Sell Canada Zhoufa Agricultural Holding Company Limited Company 02. May 19 02. May 19 -4,000,000 CA$0.39 CA$-1,560,001
12. Feb 19 Sell Canada Zhoufa Agricultural Holding Company Limited Company 08. Feb 19 08. Feb 19 -2,700,000 CA$0.32 CA$-850,501
17. Dec 18 Sell Canada Zhoufa Agricultural Holding Company Limited Company 14. Dec 18 14. Dec 18 -1,150,000 CA$0.38 CA$-414,930
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Management checks
We assess Empire Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Empire Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EIL News

Simply Wall St News

Why Empire Industries Ltd.'s (CVE:EIL) CEO Pay Matters To You

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Kenneth Nelson's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below CA$267m

Simply Wall St -

The Empire Industries Share Price Is Down 26% So Some Shareholders Are Getting Worried

Empire Industries isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Shareholders of unprofitable companies usually expect strong revenue growth. … In the last twelve months, Empire Industries increased its revenue by 5.7%.

Simply Wall St -

How Financially Strong Is Empire Industries Ltd. (CVE:EIL)?

Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like Empire Industries Ltd. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

What Percentage Of Empire Industries Ltd. (CVE:EIL) Shares Do Insiders Own?

A look at the shareholders of Empire Industries Ltd. … Empire Industries is not a large company by global standards. … institutional investors have not yet purchased much of the company

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Is Empire Industries Ltd (CVE:EIL) Excessively Paying Its CEO?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Kenneth Nelson's Compensation Compare With Similar Sized Companies. … Our data indicates that Empire Industries Ltd is worth CA$41m, and total annual CEO compensation is CA$351k.

Simply Wall St -

One Thing To Remember About The Empire Industries Ltd (CVE:EIL) Share Price

Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Who Really Owns Empire Industries Ltd (CVE:EIL)?

Every investor in Empire Industries Ltd (CVE:EIL) should be aware of the most powerful shareholder groups. … Empire Industries is not a large company by global standards. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

What Investors Should Know About Empire Industries Ltd's (CVE:EIL) Financial Strength

While small-cap stocks, such as Empire Industries Ltd (CVE:EIL) with its market cap of CA$42.30m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

EIL Company Info

Description

Empire Industries Ltd. designs, builds, supplies, and installs premium entertainment attractions and ride systems for the entertainment industry. The company operates through Media-Based Attractions and Steel Fabrications Services segments. The Media-Based Attractions segment designs and manufactures complex ride systems, telescopes, and custom machinery and equipment; and provides parts and service of amusement park attractions. The Steel Fabrication Services segment offers structural steel fabrication and installation services. This segment fabricates tanks, pressure vessels, and other specialty carbon and stainless-steel products. The company is also involved in the media-based attraction integration business; and retail selling activities. It serves theme parks, stand-alone tourist venues, and the government sector in Canada, the United States, Asia, the Middle East, and Europe. Empire Industries Ltd. was founded in 1926 and is headquartered in Winnipeg, Canada.

Details
Name: Empire Industries Ltd.
EIL
Exchange: TSXV
Founded: 1926
CA$48,992,772
103,142,678
Website: http://www.empind.com
Address: Empire Industries Ltd.
717 Jarvis Avenue,
Winnipeg,
Manitoba, R2W 3B4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EIL Common Shares TSX Venture Exchange CA CAD 03. Jul 2006
OTCPK ERIL.F Common Shares Pink Sheets LLC US USD 03. Jul 2006
DB 73E Common Shares Deutsche Boerse AG DE EUR 03. Jul 2006
Number of employees
Current staff
Staff numbers
0
Empire Industries employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 00:01
End of day share price update: 2019/07/16 00:00
Last earnings filing: 2019/05/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.