TSXV:COO

Stock Analysis Report

NatureBank Asset Management

Executive Summary

NatureBank Asset Management Inc. engages in sourcing, financing, developing, and commercializing commodity projects in the agro-forestry and carbon sectors in Canada, Europe, the United States, Southeast Asia, and Africa.

Snowflake

Fundamentals

Good value with questionable track record.

Share Price & News

How has NatureBank Asset Management's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

COO

1.5%

CA Commercial Services

0.2%

CA Market


1 Year Return

0%

COO

-12.7%

CA Commercial Services

2.4%

CA Market

Return vs Industry: COO exceeded the Canadian Commercial Services industry which returned -12.7% over the past year.

Return vs Market: COO underperformed the Canadian Market which returned 2.4% over the past year.


Shareholder returns

COOIndustryMarket
7 Day0%1.5%0.2%
30 Day-20.0%-4.9%-3.3%
90 Day33.3%-3.0%-1.8%
1 Year0%0%-9.6%-12.7%6.0%2.4%
3 Year-60.0%-60.0%0.09%-7.9%14.2%4.0%
5 Year-76.5%-76.5%-19.7%-34.3%27.2%8.6%

Price Volatility Vs. Market

How volatile is NatureBank Asset Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NatureBank Asset Management undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: COO (CA$0.02) is trading below our estimate of fair value (CA$3.76)

Significantly Below Fair Value: COO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: COO is good value based on its PE Ratio (10.6x) compared to the Commercial Services industry average (12.7x).

PE vs Market: COO is good value based on its PE Ratio (10.6x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: COO has negative assets, so we can't compare its PB Ratio to the CA Commercial Services industry average.


Next Steps

Future Growth

How is NatureBank Asset Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

57.2%

Forecasted Commercial Services 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 NatureBank Asset Management 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 NatureBank Asset Management performed over the past 5 years?

51.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: COO has become profitable over the past 5 years, growing earnings by 51.5% per year.

Accelerating Growth: COO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: COO had negative earnings growth (-77.8%) over the past year, making it difficult to compare to the Commercial Services industry average (-2.1%).


Return on Equity

High ROE: COO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: COO has a higher Return on Assets than the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: Unable to calculate Return on Capital Employed as COO's short term liabilities exceed total assets.


Next Steps

Financial Health

How is NatureBank Asset Management's financial position?


Financial Position Analysis

Short Term Liabilities: COO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: COO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: COO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: COO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: COO's debt is well covered by operating cash flow (159%).

Interest Coverage: COO's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: COO has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is NatureBank Asset Management's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if COO'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 COO'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 NatureBank Asset Management's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Phil Cull 0

1.8yrs

Tenure

CA$174,709

Compensation

Mr. Phillip Cull, also known as Phil, has been Chief Executive Officer at NatureBank Asset Management Inc. since 2018 and served as its Co-Chief Executive Officer since February 2017. Mr. Cull has been Cor ...


CEO Compensation Analysis

Compensation vs. Market: Phil has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Canadian market.

Compensation vs Earnings: Phil's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: COO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Age and Tenure

4.6yrs

Average Tenure

Experienced Board: COO's board of directors are considered experienced (4.6 years average tenure).


Insider Trading

Insider Buying: COO insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$50024 Sep 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares25,000
Max PriceCA$0.02
BuyCA$8,25025 May 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares330,000
Max PriceCA$0.025
BuyCA$12514 May 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceCA$0.025
BuyCA$20009 May 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares8,000
Max PriceCA$0.025
BuyCA$22508 May 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares9,000
Max PriceCA$0.025
BuyCA$3,07502 Apr 19
Guy O'Loughnane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares123,000
Max PriceCA$0.025

Ownership Breakdown


Management Team

  • Paul DiPasquale

    Senior Advisor of Investor Relations & Member of Advisory Board

    • Tenure: 0yrs
  • Rob Falls (67yo)

    Founder & Senior Advisor of Special Projects

    • Tenure: 0yrs
    • Compensation: CA$65.50k
  • David Rokoss

    Director of Corporate Development

    • Tenure: 0yrs
  • James Tansey

    Director

    • Tenure: 7yrs
    • Compensation: CA$60.00k
  • Slavica Leporis

    Interim CFO & Controller

    • Tenure: 1.6yrs
    • Compensation: CA$98.89k
  • Phil Cull

    CEO, Corporate Secretary & Director

    • Tenure: 1.8yrs
    • Compensation: CA$174.71k
  • Rob Friberg

    External Consultant - Forest Projects

    • Tenure: 0yrs
  • Rosita Morandin

    CFO & Company Secretary (Leave of Absence)

    • Tenure: 1.6yrs
    • Compensation: CA$35.09k

Board Members

  • Paul DiPasquale

    Senior Advisor of Investor Relations & Member of Advisory Board

    • Tenure: 0yrs
  • Alexander Zang

    Director

    • Tenure: 7.3yrs
  • Murray Ward

    Member of Advisory Board

    • Tenure: 9.5yrs
  • James Tansey

    Director

    • Tenure: 7yrs
    • Compensation: CA$60.00k
  • Phil Cull

    CEO, Corporate Secretary & Director

    • Tenure: 1.8yrs
    • Compensation: CA$174.71k
  • Harry Assenmacher

    Chairman

    • Tenure: 3.8yrs
  • Dirk Walterspacher

    Director

    • Tenure: 4.6yrs
    • Compensation: CA$186.27k
  • Eduard Weber-Bemnet

    Director

    • Tenure: 4.6yrs
  • Candice Alderson

    Director

    • Tenure: 1.3yrs
  • Guy O'Loughnane

    Director

    • Tenure: 0.5yrs

Company Information

NatureBank Asset Management Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NatureBank Asset Management Inc.
  • Ticker: COO
  • Exchange: TSXV
  • Founded: 2004
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: CA$1.235m
  • Shares outstanding: 61.75m
  • Website: https://www.naturebank.com

Location

  • NatureBank Asset Management Inc.
  • 948 Homer Street
  • Unit 300
  • Vancouver
  • British Columbia
  • V6B 2W7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
COOTSXV (TSX Venture Exchange)YesCommon StockCACADJul 2008
A142TSDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2008

Biography

NatureBank Asset Management Inc. engages in sourcing, financing, developing, and commercializing commodity projects in the agro-forestry and carbon sectors in Canada, Europe, the United States, Southeast A ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:09
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
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.