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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Mene. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Mene's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Mene 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
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
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Mene's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Mene's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Mene's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Mene is high growth as no earnings estimate data is available.
Unable to determine if Mene 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.
Mene's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
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.
Mr. Roy Sebag has been Chairman, Chief Executive Officer of Mene Inc. He has been Chief Investment Officer and Director of Blockchain Mining Ltd. since February 19, 2018. Mr. Sebag is the Co-Founder of GoldMoney Inc. and has been its Chief Executive Officer and President since August 2014 and also served as its Secretary since August 2014. Mr. Sebag serves as Chief Executive Officer and Co-Founder at Mene Inc. Mr. Sebag has been President and Chief Executive Officer of Loma Vista Capital Inc. since 2013. He was the Founder of Natural Resource Holdings, Ltd (now known Blockchain Mining Ltd.) as and served as its Chairman and Chief Executive Officer from 2010 to 2012. He was the Founder and Portfolio Manager of Essentia Equity, Ltd. and served as its Managing Partner from 2004 to 2010. Mr. Sebag has been a Director at GoldMoney Inc. since August 2014. He serves as the Chairperson at GoldMoney Inc. Mr. Sebag serves as the Chairman at Fortress Blockchain Corp.
Insufficient data for Roy to compare compensation growth.
Insufficient data for Roy to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Mene management team is less than 2 years, this suggests a new team.
Is Mene Inc's (CVE:MENE) Balance Sheet Strong Enough To Weather A Storm?
Mene Inc (CVE:MENE) is a small-cap stock with a market capitalization of CA$160m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Since MENE is loss-making right now,
Mene Inc. designs, manufactures, and markets gold and platinum jewelry. It offers bracelets, necklaces, pendants, earrings, rings, chains, charms, and gifts. The company retails its jewelry products directly to consumer through online portal. The company is based in Paris, France.
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