Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors.
+ 1 more risk
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Earthworks Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EWK has not had significant price volatility in the past 3 months.
7 Day Return
CA Commercial Services
1 Year Return
CA Commercial Services
Return vs Industry: EWK exceeded the Canadian Commercial Services industry which returned -12.3% over the past year.
Return vs Market: EWK exceeded the Canadian Market which returned -26% over the past year.
Price Volatility Vs. Market
How volatile is Earthworks Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHow Does Earthworks Industries Inc. (CVE:EWK) Affect Your Portfolio Volatility?
4 months ago | Simply Wall StHow Much Of Earthworks Industries Inc. (CVE:EWK) Do Insiders Own?
7 months ago | Simply Wall StWhat Type Of Shareholder Owns Earthworks Industries Inc.'s (CVE:EWK)?
Is Earthworks Industries undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EWK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EWK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EWK is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: EWK is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EWK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EWK is overvalued based on its PB Ratio (3.1x) compared to the CA Commercial Services industry average (0.9x).
How is Earthworks Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Earthworks 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 SimplyWall St do have past financial data.
- Take a look at our analysis of EWK’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.
- Earthworks Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has Earthworks Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EWK is currently unprofitable.
Growing Profit Margin: EWK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EWK is unprofitable, and losses have increased over the past 5 years at a rate of -5.2% per year.
Accelerating Growth: Unable to compare EWK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EWK is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-19.4%).
Return on Equity
High ROE: EWK has a negative Return on Equity (-51.89%), as it is currently unprofitable.
How is Earthworks Industries's financial position?
Financial Position Analysis
Short Term Liabilities: EWK's short term assets (CA$46.1K) do not cover its short term liabilities (CA$1.4M).
Long Term Liabilities: EWK's short term assets (CA$46.1K) do not cover its long term liabilities (CA$7.2M).
Debt to Equity History and Analysis
Debt Level: EWK's debt to equity ratio (326.9%) is considered high.
Reducing Debt: EWK's debt to equity ratio has reduced from 502.6% to 326.9% over the past 5 years.
Inventory Level: EWK has a low level of unsold assets or inventory.
Debt Coverage by Assets: EWK's debt is not covered by short term assets (assets are 0x debt).
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.
Stable Cash Runway: EWK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EWK has less than a year of cash runway if free cash flow continues to reduce at historical rates of -10.8% each year
What is Earthworks Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EWK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EWK'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 EWK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EWK'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 EWK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. David Brent Atkinson founded Earthworks Industries Inc. in 1993 and has been its President since November 12, 1992. Mr. Atkinson has been Chief Executive Officer of Earthworks Industries Inc. since Apr ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD93.63K) is below average for companies of similar size in the Canadian market ($USD159.52K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|CFO & Director||1.33yrs||CA$32.40k||0.19% CA$15.0k|
|Secretary||16.17yrs||no data||no data|
|Executive||no data||no data||no data|
Experienced Management: EWK's management team is seasoned and experienced (16.2 years average tenure).
|CFO & Director||1.33yrs||CA$32.40k||0.19% CA$15.0k|
|Independent Director||28.17yrs||no data||12.67% CA$981.7k|
|Independent Director||1.25yrs||no data||7.62% CA$590.8k|
|Director||0.58yr||no data||no data|
Experienced Board: EWK's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EWK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Earthworks Industries Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Earthworks Industries Inc.
- Ticker: EWK
- Exchange: TSXV
- Founded: 1993
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: CA$7.750m
- Shares outstanding: 77.50m
- Website: https://www.earthworksinc.com
- Earthworks Industries Inc.
- 800 West Pender Street
- Suite 615
- British Columbia
- V6C 2V6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EWK||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 1990|
|EAAT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 1990|
Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors. It designs, constructs, and operates an integrated waste handling facility on 443 acres of the Cortina Rancheria in Colusa County California. The company was founded in 1993 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 00:27|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.