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Canadian Oil Recovery & Remediation Enterprises

TSXV:CVR
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CVR
TSXV
CA$848K
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Canadian Oil Recovery & Remediation Enterprises Ltd. The last earnings update was 122 days ago. More info.


Add to Portfolio Compare Print
  • Canadian Oil Recovery & Remediation Enterprises has significant price volatility in the past 3 months.
CVR Share Price and Events
7 Day Returns
0%
TSXV:CVR
-0.2%
CA Commercial Services
-0.1%
CA Market
1 Year Returns
-80%
TSXV:CVR
-17.1%
CA Commercial Services
1.8%
CA Market
CVR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Canadian Oil Recovery & Remediation Enterprises (CVR) 0% 0% 0% -80% -80% -93.8%
CA Commercial Services -0.2% -10.2% 0.9% -17.1% -1.5% -49.6%
CA Market -0.1% -0% 12.6% 1.8% 15.9% 4.9%
1 Year Return vs Industry and Market
  • CVR underperformed the Commercial Services industry which returned -17.1% over the past year.
  • CVR underperformed the Market in Canada which returned 1.8% over the past year.
Price Volatility
CVR
Industry
5yr Volatility vs Market

Value

 Is Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises. This is due to cash flow or dividend data being unavailable. The share price is CA$0.005.
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 Canadian Oil Recovery & Remediation Enterprises's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Canadian Oil Recovery & Remediation Enterprises's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CVR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$0.00
TSXV:CVR Share Price ** TSXV (2018-12-31) in CAD CA$0.01
Canada Commercial Services Industry PE Ratio Median Figure of 10 Publicly-Listed Commercial Services Companies 15.38x
Canada Market PE Ratio Median Figure of 553 Publicly-Listed Companies 14.63x

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

** Primary Listing of Canadian Oil Recovery & Remediation Enterprises.

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

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

= 0.01 ÷ 0.00

-1.11x

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

  • Canadian Oil Recovery & Remediation Enterprises is loss making, we can't compare its value to the CA Commercial Services industry average.
  • Canadian Oil Recovery & Remediation Enterprises is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Canadian Oil Recovery & Remediation Enterprises's expected growth come at a high price?
Raw Data
TSXV:CVR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Commercial Services Industry PEG Ratio Median Figure of 37 Publicly-Listed Commercial Services Companies 1.59x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.3x

*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 Canadian Oil Recovery & Remediation Enterprises, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Canadian Oil Recovery & Remediation Enterprises's assets?
Raw Data
TSXV:CVR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.02
TSXV:CVR Share Price * TSXV (2018-12-31) in CAD CA$0.01
Canada Commercial Services Industry PB Ratio Median Figure of 20 Publicly-Listed Commercial Services Companies 1.36x
Canada Market PB Ratio Median Figure of 2,358 Publicly-Listed Companies 1.5x
TSXV:CVR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.01 ÷ -0.02

-0.29x

* Primary Listing of Canadian Oil Recovery & Remediation Enterprises.

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

  • Canadian Oil Recovery & Remediation Enterprises has negative assets, we can't compare the value of its assets to the CA Commercial Services industry average.

Next steps:

  1. Take a look at our analysis of CVR’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 Canadian Oil Recovery & Remediation Enterprises's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Commercial Services 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 Canadian Oil Recovery & Remediation Enterprises'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Canadian Oil Recovery & Remediation Enterprises 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.

Future Performance

 How is Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises 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
59.3%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Canadian Oil Recovery & Remediation Enterprises expected to grow at an attractive rate?
  • Unable to compare Canadian Oil Recovery & Remediation Enterprises's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Canadian Oil Recovery & Remediation Enterprises's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Canadian Oil Recovery & Remediation Enterprises's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CVR Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 59.3%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 10.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.3%
Canada Market Revenue Growth Rate Market Cap Weighted Average 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:CVR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:CVR Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0 -1
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 -1 -1
2017-09-30 0 -1 -3
2017-06-30 0 -1 -3
2017-03-31 0 -1 -3
2016-12-31 1 -1 -2
2016-09-30 0 0 -2
2016-06-30 1 0 -2
2016-03-31 1 -1 -1
2015-12-31 0 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Canadian Oil Recovery & Remediation Enterprises is high growth as no earnings estimate data is available.
  • Unable to determine if Canadian Oil Recovery & Remediation Enterprises 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:CVR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Canadian Oil Recovery & Remediation Enterprises Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CVR Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 -0.02

*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 Canadian Oil Recovery & Remediation Enterprises will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CVR’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. Canadian Oil Recovery & Remediation Enterprises'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 Commercial Services companies here
  3. Canadian Oil Recovery & Remediation Enterprises'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 Canadian Oil Recovery & Remediation Enterprises'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.
Canadian Oil Recovery & Remediation Enterprises 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.

Past Performance

  How has Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises's growth in the last year to its industry (Commercial Services).
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.
  • Canadian Oil Recovery & Remediation Enterprises does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Canadian Oil Recovery & Remediation Enterprises's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Canadian Oil Recovery & Remediation Enterprises's 1-year growth to the CA Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Canadian Oil Recovery & Remediation Enterprises'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 Canadian Oil Recovery & Remediation Enterprises Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CVR Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 0.15 -0.77 0.91
2018-06-30 0.10 -0.68 0.77
2018-03-31 0.12 -0.81 0.93
2017-12-31 0.13 -0.90 1.03
2017-09-30 0.11 -2.68 1.07
2017-06-30 0.12 -3.10 1.31
2017-03-31 0.11 -3.45 1.46
2016-12-31 0.61 -1.51 1.56
2016-09-30 0.40 -1.75 1.56
2016-06-30 0.50 -1.52 1.44
2016-03-31 0.60 -1.39 1.39
2015-12-31 0.11 -3.93 1.73
2015-09-30 0.33 -2.07 1.73
2015-06-30 0.21 -2.20 1.76
2015-03-31 0.08 -2.41 1.91
2014-12-31 0.04 -2.56 1.77
2014-09-30 0.01 -7.83 2.03
2014-06-30 -8.03 2.04
2014-03-31 -8.18 1.97
2013-12-31 -7.89 1.88
2013-09-30 -2.62 1.47
2013-06-30 -3.23 2.01
2013-03-31 -3.29 2.12
2012-12-31 -4.13 3.00
2012-09-30 -5.29 4.16
2012-06-30 -4.71 3.93

*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 Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises has efficiently used its assets last year compared to the CA Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises'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 Commercial Services 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.
Canadian Oil Recovery & Remediation Enterprises 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.

Health

 How is Canadian Oil Recovery & Remediation Enterprises'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 Canadian Oil Recovery & Remediation Enterprises's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Canadian Oil Recovery & Remediation Enterprises's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Canadian Oil Recovery & Remediation Enterprises has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Canadian Oil Recovery & Remediation Enterprises'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.
  • Low level of unsold assets.
  • Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises Company Filings, last reported 6 months ago.

TSXV:CVR Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30
2018-06-30 -2.89 1.51 0.03
2018-03-31 -2.76 0.50 0.03
2017-12-31 -2.60 1.91 0.03
2017-09-30 -2.41 1.92 0.03
2017-06-30 -2.21 1.85 0.03
2017-03-31 -1.94 1.73 0.03
2016-12-31 -1.71 1.44 0.03
2016-09-30 0.25 1.21 0.03
2016-06-30 0.86 0.93 0.03
2016-03-31 1.46 0.69 0.05
2015-12-31 -0.25 0.20 0.03
2015-09-30 2.05 0.10 0.03
2015-06-30 2.42 0.09 0.03
2015-03-31 2.91 0.09 0.03
2014-12-31 0.96 1.41 0.03
2014-09-30 1.43 1.25 0.12
2014-06-30 1.89 0.75 0.03
2014-03-31 2.49 0.07 0.03
2013-12-31 2.88 0.66 0.03
2013-09-30 8.20 0.33 0.03
2013-06-30 8.92 0.24 0.03
2013-03-31 9.51 0.05 0.13
2012-12-31 10.14 0.00 0.14
2012-09-30 10.50 0.30 0.88
2012-06-30 11.73 0.15 1.53
  • Canadian Oil Recovery & Remediation Enterprises has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Canadian Oil Recovery & Remediation Enterprises'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.

  • Canadian Oil Recovery & Remediation Enterprises has less than a year of cash runway based on current free cash flow.
  • Canadian Oil Recovery & Remediation Enterprises has less than a year of cash runway if free cash flow continues to reduce at historical rates of -45.5% each year.
X
Financial health checks
We assess Canadian Oil Recovery & Remediation Enterprises'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. Canadian Oil Recovery & Remediation Enterprises 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.

Dividends

 What is Canadian Oil Recovery & Remediation Enterprises'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 Canadian Oil Recovery & Remediation Enterprises dividends.
If you bought CA$2,000 of Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Canadian Oil Recovery & Remediation Enterprises'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:CVR 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
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 1.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.6%
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 Canadian Oil Recovery & Remediation Enterprises has not reported any payouts.
  • Unable to verify if Canadian Oil Recovery & Remediation Enterprises's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Canadian Oil Recovery & Remediation Enterprises's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Canadian Oil Recovery & Remediation Enterprises 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 Canadian Oil Recovery & Remediation Enterprises'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 Canadian Oil Recovery & Remediation Enterprises afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Canadian Oil Recovery & Remediation Enterprises 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.

Management

 What is the CEO of Canadian Oil Recovery & Remediation Enterprises'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
John Lorenzo
COMPENSATION CA$635,580
AGE 74
TENURE AS CEO 10.7 years
CEO Bio

Mr. John Michael Lorenzo serves as the President of Innomarque (Canada) Inc. Mr. Lorenzo has been the President of the Canadian Oil Recovery & Remediation Enterprises Ltd. since August 25, 2009 and has been its Chief Executive Officer since June 23, 2008. He serves as the Executive Chairman of Spot Coffee (Canada) Ltd. He served as President of Spot Coffee (Canada) Ltd. since September 2004 until November 23, 2010. In 1969, he moved from Lebanon to Kuwait where he established and managed a company that has become one of the leading oil service companies in the Gulf States today. He has always been self-employed and continues to add to his 35 years of international business. Mr. Lorenzo served as the Chairman of Prime City One Capital Corp. from September 2009 to July 2015. Mr. Lorenzo serves as the Chairman of Canadian Oil Recovery & Remediation Enterprises Ltd. and has been its Director since June 23, 2008. He has been Director of Spot Coffee (Canada) Ltd. since July 17, 2009. He serves as a Director of Scorpio Capital Corp. He served as a Director of Prime City One Capital Corp. from April 2, 2007 to July 2015. Mr. Lorenzo has a post-graduate degree (M.A.) in Political Science and Economics (1968) from the American University of Beirut.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Canadian Oil Recovery & Remediation Enterprises management team in years:

10.7
Average Tenure
  • The average tenure for the Canadian Oil Recovery & Remediation Enterprises management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

John Lorenzo

TITLE
Chairman
COMPENSATION
CA$636K
AGE
74
TENURE
10.7 yrs

Kirk Davis

TITLE
Head of Middle East North Africa Operations & Business Development Efforts
TENURE
9.2 yrs

David Carbonaro

TITLE
Corporate Secretary and Consultant of Financial & Legal
AGE
56
TENURE
12 yrs
Board of Directors Tenure

Average tenure and age of the Canadian Oil Recovery & Remediation Enterprises board of directors in years:

10.3
Average Tenure
70
Average Age
  • The average tenure for the Canadian Oil Recovery & Remediation Enterprises board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

John Lorenzo

TITLE
Chairman
COMPENSATION
CA$636K
AGE
74

Hassan M. Dahlawi

TITLE
Director
AGE
65
TENURE
10.7 yrs

William Madison

TITLE
Director
AGE
75
TENURE
10.7 yrs

RJ Stapell

TITLE
Director
AGE
70
TENURE
10.7 yrs

Chandra Panchal

TITLE
Director
AGE
68
TENURE
10.3 yrs

Turki Khoj

TITLE
Director
TENURE
8.4 yrs

Sohail Khan

TITLE
Director
TENURE
8.4 yrs

Fred Di Tomaso

TITLE
Director
TENURE
8.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Canadian Oil Recovery & Remediation Enterprises'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. Canadian Oil Recovery & Remediation Enterprises 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.

News

Simply Wall St News

How Should Investors React To Canadian Oil Recovery & Remediation Enterprises Ltd's (CVE:CVR) CEO Pay?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does John Lorenzo's Compensation Compare With Similar Sized Companies. … Our data indicates that Canadian Oil Recovery & Remediation Enterprises Ltd is worth CA$2m, and total annual CEO compensation is CA$636k.

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Who Really Owns Canadian Oil Recovery & Remediation Enterprises Ltd (CVE:CVR)?

Today, I will be analyzing Canadian Oil Recovery & Remediation Enterprises Ltd’s (TSXV:CVR) recent ownership structure, an important but not-so-popular subject among individual investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Private Company Ownership Another important group of owners for potential investors in CVR are private companies that hold a stake of 37.96% in CVR.

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Canadian Oil Recovery & Remediation Enterprises Ltd (CVE:CVR): Should The Recent Earnings Drop Worry You?

When Canadian Oil Recovery & Remediation Enterprises Ltd (TSXV:CVR) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … See our latest analysis for Canadian Oil Recovery & Remediation Enterprises Commentary On CVR's Past Performance I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … For Canadian Oil Recovery & Remediation Enterprises, its latest earnings (trailing twelve month) is -CA$2.68M, which, relative to the prior year's level, has become more negative.

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Who Are Canadian Oil Recovery & Remediation Enterprises Ltd's (TSXV:CVR) Major Shareholders?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Another important group of owners for potential investors in CVR are private companies that hold a stake of 25.05% in CVR. … The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Canadian Oil Recovery & Remediation Enterprises Ltd (TSXV:CVR): Is Now The Time To Bet On Service?

In the past year, the industry delivered growth of 2.45%, though still underperforming the wider Canadian stock market. … TSXV:CVR PE PEG Gauge Nov 11th 17 Commercial services companies are typically trading at a PE of 19x, relatively similar to the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of CVR, there are other commercial services companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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Canadian Oil Recovery & Remediation Enterprises Ltd (TSXV:CVR): Is It Growing Too Fast?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … Looking at CVR’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … However, even with declining costs, the current level of cash is not enough to sustain CVR’s operations and the company may need to come to market to raise more capital within the year.

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Company Info

Description

Canadian Oil Recovery & Remediation Enterprises Ltd. provides oil waste management solutions to the petroleum industry. The company’s operating lines include remediating oil-contaminated soil; treating sludge, oil based mud, and drilling waste; oil recovery; industrial waste management; oil storage tank cleaning; oil and gas engineering, and project management. It serves customers in the upstream petroleum sector comprising oil production and drilling companies; and downstream petroleum sector, such as oil refinery, transportation, and distribution companies. Canadian Oil Recovery & Remediation Enterprises Ltd. has a strategic alliance with CANAR. The company is headquartered in Toronto, Canada.

Details
Name: Canadian Oil Recovery & Remediation Enterprises Ltd.
CVR
Exchange: TSXV
Founded:
CA$848,328
169,665,746
Website: http://www.corre.com
Address: Canadian Oil Recovery & Remediation Enterprises Ltd.
141 Adelaide Street West,
Suite 110,
Toronto,
Ontario, M5H 3L5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CVR Common Shares TSX Venture Exchange CA CAD 25. Jun 2008
OTCPK CRVY.F Common Shares Pink Sheets LLC US USD 25. Jun 2008
Number of employees
Current staff
Staff numbers
0
Canadian Oil Recovery & Remediation Enterprises employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/31 00:15
End of day share price update: 2018/12/31 00:00
Last earnings filing: 2018/11/29
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.