TSXV:PYR

Stock Analysis Report

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Executive Summary

PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes advanced plasma processes and systems in Canada and internationally. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has PyroGenesis Canada's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.3%

PYR

-8.3%

CA Commercial Services

-8.4%

CA Market


1 Year Return

563.0%

PYR

13.4%

CA Commercial Services

-60.8%

CA Market

Return vs Industry: PYR exceeded the Canadian Commercial Services industry which returned 13.4% over the past year.

Return vs Market: PYR exceeded the Canadian Market which returned -60.7% over the past year.


Shareholder returns

PYRIndustryMarket
7 Day0.3%-8.3%-8.4%
30 Day-13.7%-8.7%-3.0%
90 Day-34.7%-6.5%-26.8%
1 Year563.0%563.0%15.1%13.4%-59.2%-60.8%
3 Year486.9%486.9%43.7%34.2%-60.5%-64.6%
5 Year1,225.9%1,225.9%93.1%72.5%-51.9%-59.6%

Price Volatility Vs. Market

How volatile is PyroGenesis Canada's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is PyroGenesis Canada undervalued compared to its fair value and its price relative to the market?

174.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PYR is unprofitable, so we can't compare its PE Ratio to the CA Commercial Services industry average.

PE vs Market: PYR 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 PYR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PYR is overvalued based on its PB Ratio (174.5x) compared to the CA Commercial Services industry average (1.5x).


Next Steps

Future Growth

How is PyroGenesis Canada forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

57.9%

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 PyroGenesis Canada 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 PyroGenesis Canada performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PYR is currently unprofitable.

Growing Profit Margin: PYR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PYR is unprofitable, and losses have increased over the past 5 years at a rate of 11.3% per year.

Accelerating Growth: Unable to compare PYR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PYR is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (15.4%).


Return on Equity

High ROE: PYR has a negative Return on Equity (-83.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is PyroGenesis Canada's financial position?


Financial Position Analysis

Short Term Liabilities: PYR's short term assets (CA$3.5M) do not cover its short term liabilities (CA$11.0M).

Long Term Liabilities: PYR's short term assets (CA$3.5M) do not cover its long term liabilities (CA$3.8M).


Debt to Equity History and Analysis

Debt Level: PYR's debt to equity ratio (37.5%) is considered satisfactory.

Reducing Debt: PYR's debt to equity ratio has reduced from 365.5% to 37.5% over the past 5 years.


Balance Sheet


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: PYR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PYR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.6% each year


Next Steps

Dividend

What is PyroGenesis Canada current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if PYR'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 PYR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Photis Pascali (60 yo)

14.25yrs

Tenure

CA$256,626

Compensation

Mr. Photis Peter Pascali, Jr., serves as Interim Chairman of the Board at PyroGenesis Canada Inc. since September 29, 2019. He has been the Chief Executive Officer and President of PyroGenesis Canada Inc, ...


CEO Compensation Analysis

Compensation vs Market: Photis's total compensation ($USD192.86K) is below average for companies of similar size in the Canadian market ($USD909.75K).

Compensation vs Earnings: Photis's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Photis Pascali
Interim Chairman of the Board14.25yrsCA$256.63k45.24%
CA$ 251.2m
Michael Blank
Acting CFO & Director1yrCA$153.00kno data
Pierre Carabin
CTO & Chief Strategistno dataCA$172.73k0.33%
CA$ 1.8m
Rodayna Kafal
Vice President of Investor Relations & Strategic Business Developmentno datano data0.033%
CA$ 180.9k
Me Tolszczuk
Legal Counsel & Corporate Secretary0.25yrno datano data
Massimo Dattilo
Vice President of Salesno datano datano data
Clémence Bourlaud
Marketing Manager & Investor Relationsno datano datano data

1.0yrs

Average Tenure

Experienced Management: PYR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Photis Pascali
Interim Chairman of the Board14.25yrsCA$256.63k45.24%
CA$ 251.2m
Michael Blank
Acting CFO & Director1yrCA$153.00kno data
Robert Radin
Independent Director8.58yrsCA$18.25k0.42%
CA$ 2.3m
Andrew Abdalla
Independent Director2.42yrsCA$19.00kno data
Virendra Jha
Independent Director1yrCA$76.50kno data

1.0yrs

Average Tenure

Experienced Board: PYR's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PYR insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.


Top Shareholders

Company Information

PyroGenesis Canada Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PyroGenesis Canada Inc.
  • Ticker: PYR
  • Exchange: TSXV
  • Founded:
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: CA$555.362m
  • Shares outstanding: 154.27m
  • Website: https://www.pyrogenesis.com

Location

  • PyroGenesis Canada Inc.
  • 1744, William Street
  • Suite 200
  • Montreal
  • Quebec
  • H3J 1R4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PYRTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2011
PYRN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2011
8PYDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 2011

Biography

PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes advanced plasma processes and systems in Canada and internationally. It offers DROSRITE, a sustainable process for enhancing meta ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:18
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.