TSXV:TGH

Stock Analysis Report

Tornado Global Hydrovacs

Executive Summary

Tornado Global Hydrovacs Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China.

Snowflake

Fundamentals

Excellent balance sheet with acceptable track record.

Share Price & News

How has Tornado Global Hydrovacs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TGH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.7%

TGH

2.0%

CA Machinery

0.2%

CA Market


1 Year Return

23.1%

TGH

-3.9%

CA Machinery

7.4%

CA Market

Return vs Industry: TGH exceeded the Canadian Machinery industry which returned -3.9% over the past year.

Return vs Market: TGH exceeded the Canadian Market which returned 7.4% over the past year.


Shareholder returns

TGHIndustryMarket
7 Day6.7%2.0%0.2%
30 Day0%5.4%2.9%
90 Day-17.9%4.2%4.1%
1 Year23.1%23.1%-1.1%-3.9%11.0%7.4%
3 Year113.3%113.3%5.9%-1.3%16.6%6.0%
5 Yearn/a26.8%17.2%28.4%9.6%

Price Volatility Vs. Market

How volatile is Tornado Global Hydrovacs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tornado Global Hydrovacs undervalued compared to its fair value and its price relative to the market?

57.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TGH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TGH's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TGH is poor value based on its PE Ratio (57.5x) compared to the Machinery industry average (21.5x).

PE vs Market: TGH is poor value based on its PE Ratio (57.5x) compared to the Canadian market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TGH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TGH is good value based on its PB Ratio (1.1x) compared to the CA Machinery industry average (2.2x).


Next Steps

  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

How is Tornado Global Hydrovacs forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

39.1%

Forecasted Capital Goods industry annual growth in earnings


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 Tornado Global Hydrovacs 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Tornado Global Hydrovacs performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TGH has high quality earnings.

Growing Profit Margin: TGH became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TGH has become profitable over the past 5 years, growing earnings by -3.2% per year.

Accelerating Growth: TGH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TGH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-17.7%).


Return on Equity

High ROE: TGH's Return on Equity (2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tornado Global Hydrovacs's financial position?


Financial Position Analysis

Short Term Liabilities: TGH's short term assets (CA$18.1M) exceeds its short term liabilities (CA$8.8M)

Long Term Liabilities: TGH's short term assets (CA$18.1M) exceeds its long term liabilities (1.5M)


Debt to Equity History and Analysis

Debt Level: TGH's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TGH's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TGH's debt is well covered by operating cash flow (613.9%).

Interest Coverage: TGH's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet

Inventory Level: TGH has a high level of physical assets or inventory.

Debt Coverage by Assets: TGH's debt is covered by short term assets (assets are 48.1x debt).


Next Steps

Dividend

What is Tornado Global Hydrovacs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage5.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate TGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TGH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TGH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TGH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TGH's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Tornado Global Hydrovacs's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Bill Rollins (62yo)

0yrs

Tenure

CA$291,116

Compensation

Mr. William D. Rollins, also known as Bill, serves as the Chief Executive Officer at Tornado Global Hydrovacs Inc. and served as its Interim Chief Financial Officer since December 2016. Mr. Rollins served  ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD218.72K) is above average for companies of similar size in the Canadian market ($USD135.24K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

62yo

Average Age

Experienced Management: TGH's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

3.8yrs

Average Tenure

56yo

Average Age

Experienced Board: TGH's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • George Tai (53yo)

    Corporate Secretary & Director

    • Tenure: 3.8yrs
    • Compensation: CA$23.00k
  • Al Robertson (66yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: CA$40.50k
  • Bill Rollins (62yo)

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: CA$291.12k
  • Vincent Zhang

    President of Tornado Global Hydrovacs (Beijing) Limited

    • Tenure: 0.7yrs
  • Johnathan Nysse

    Director of Business Development

    • Tenure: 0yrs
    • Compensation: CA$172.93k

Board Members

  • George Tai (53yo)

    Corporate Secretary & Director

    • Tenure: 3.8yrs
    • Compensation: CA$23.00k
  • Kenneth Nelson (64yo)

    Non-Executive Chairman

    • Tenure: 3.8yrs
    • Compensation: CA$24.00k
  • Jie Chui (56yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: CA$23.00k
  • Darrick Evong

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: CA$24.00k
  • Chuyu Wu

    Independent Director

    • Tenure: 3yrs
    • Compensation: CA$22.00k

Company Information

Tornado Global Hydrovacs Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tornado Global Hydrovacs Ltd.
  • Ticker: TGH
  • Exchange: TSXV
  • Founded: 2016
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: CA$20.283m
  • Shares outstanding: 126.77m
  • Website: https://www.tornadotrucks.com

Location

  • Tornado Global Hydrovacs Ltd.
  • 7015 MacLeod Trail, SW
  • Suite 510
  • Calgary
  • Alberta
  • T2H 2K6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGHTSXV (TSX Venture Exchange)YesClass A Common SharesCACADJul 2016
TRRN.FOTCPK (Pink Sheets LLC)YesClass A Common SharesUSUSDJul 2016

Biography

Tornado Global Hydrovacs Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China. It serves excavation service providers in the municipal, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/21 00:38
End of Day Share Price2019/11/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.