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SiQ Mountain Industries

TSXV:SIQ
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SIQ
TSXV
CA$4M
Market Cap
  1. Home
  2. CA
  3. Consumer Durables
Company description

SiQ Mountain Industries Inc. focuses on the design, engineering, marketing, production, and distribution of various proprietary outdoor sports entertainment products in Canada and internationally. The last earnings update was 51 days ago. More info.


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SIQ Share Price and Events
7 Day Returns
0%
TSXV:SIQ
-0.7%
CA Leisure
0.3%
CA Market
1 Year Returns
-20%
TSXV:SIQ
-9.3%
CA Leisure
0.7%
CA Market
SIQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SiQ Mountain Industries (SIQ) 0% 6.7% - -20% - -
CA Leisure -0.7% -10.6% 11% -9.3% -14.8% -15.6%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • SIQ underperformed the Leisure industry which returned -9.3% over the past year.
  • SIQ underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SIQ Value

 Is SiQ Mountain Industries 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for SiQ Mountain Industries. This is due to cash flow or dividend data being unavailable. The share price is CA$0.16.
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 SiQ Mountain Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SiQ Mountain Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SIQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.04
TSXV:SIQ Share Price ** TSXV (2019-03-20) in CAD CA$0.16
North America Leisure Industry PE Ratio Median Figure of 16 Publicly-Listed Leisure Companies 16.25x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

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

** Primary Listing of SiQ Mountain Industries.

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

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

= 0.16 ÷ -0.04

-3.86x

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

  • SiQ Mountain Industries is loss making, we can't compare its value to the North America Leisure industry average.
  • SiQ Mountain Industries is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does SiQ Mountain Industries's expected growth come at a high price?
Raw Data
TSXV:SIQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Leisure Industry PEG Ratio Median Figure of 13 Publicly-Listed Leisure Companies 1.61x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*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 SiQ Mountain Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SiQ Mountain Industries's assets?
Raw Data
TSXV:SIQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.05
TSXV:SIQ Share Price * TSXV (2019-03-20) in CAD CA$0.16
Canada Leisure Industry PB Ratio Median Figure of 5 Publicly-Listed Leisure Companies 3.26x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:SIQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.16 ÷ 0.05

3.26x

* Primary Listing of SiQ Mountain Industries.

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

  • SiQ Mountain Industries is good value based on assets compared to the CA Leisure industry average.
X
Value checks
We assess SiQ Mountain Industries'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 Leisure 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 Leisure industry average (and greater than 0)? (1 check)
  5. SiQ Mountain Industries has a total score of 1/6, 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.

SIQ Future Performance

 How is SiQ Mountain Industries 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 SiQ Mountain 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 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
37.9%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SiQ Mountain Industries expected to grow at an attractive rate?
  • Unable to compare SiQ Mountain Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare SiQ Mountain Industries's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare SiQ Mountain Industries's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SIQ Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Leisure Industry Earnings Growth Rate Market Cap Weighted Average 37.9%
North America Leisure Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*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:SIQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:SIQ Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -1 -1
2018-08-31 -1 -1
2018-05-31 -1 -1
2018-02-28 0 0
2017-11-30 0 0
2017-08-31 0 0
2016-08-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if SiQ Mountain Industries is high growth as no earnings estimate data is available.
  • Unable to determine if SiQ Mountain Industries 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:SIQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SiQ Mountain Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SIQ Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.04
2018-08-31 -0.04
2018-05-31 -0.02
2018-02-28 -0.02
2017-11-30 -0.02
2017-08-31 -0.01
2016-08-31 -0.05

*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 SiQ Mountain Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine SiQ Mountain Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. SiQ Mountain Industries'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 Consumer Durables companies here
  3. SiQ Mountain Industries'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 SiQ Mountain Industries'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 North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America 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.
SiQ Mountain Industries 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.

SIQ Past Performance

  How has SiQ Mountain Industries 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 SiQ Mountain Industries's growth in the last year to its industry (Leisure).
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.
  • SiQ Mountain Industries does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare SiQ Mountain Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare SiQ Mountain Industries's 1-year growth to the North America Leisure industry average as it is not currently profitable.
Earnings and Revenue History
SiQ Mountain Industries'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 SiQ Mountain Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SIQ Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -0.96 0.82 0.14
2018-08-31 -0.86 0.74 0.10
2018-05-31 -0.53 0.46 0.06
2018-02-28 -0.41 0.31 0.06
2017-11-30 -0.23 0.20
2017-08-31 -0.15 0.12
2016-08-31 -0.04 0.04

*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 SiQ Mountain Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if SiQ Mountain Industries has efficiently used its assets last year compared to the North America Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if SiQ Mountain Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess SiQ Mountain Industries'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 Leisure 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.
SiQ Mountain Industries 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.

SIQ Health

 How is SiQ Mountain Industries'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 SiQ Mountain Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SiQ Mountain Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SiQ Mountain Industries has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SiQ Mountain Industries'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.
  • SiQ Mountain Industries has no debt, it does not need to be 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 SiQ Mountain Industries Company Filings, last reported 3 months ago.

TSXV:SIQ Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 1.12 0.00 0.65
2018-08-31 1.35 0.00 0.99
2018-05-31 1.47 0.04 1.32
2018-02-28 1.61 0.00 1.50
2017-11-30 1.81 0.00 1.70
2017-08-31 1.85 0.00 1.86
2016-08-31 0.12 0.00 0.12
  • SiQ Mountain Industries has no debt.
  • SiQ Mountain Industries currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • SiQ Mountain Industries has less than a year of cash runway based on current free cash flow.
  • SiQ Mountain Industries has less than a year of cash runway if free cash flow continues to grow at historical rates of 94.1% each year.
X
Financial health checks
We assess SiQ Mountain Industries'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. SiQ Mountain Industries has a total score of 4/6, 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.

SIQ Dividends

 What is SiQ Mountain Industries'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 SiQ Mountain Industries dividends.
If you bought CA$2,000 of SiQ Mountain Industries 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 SiQ Mountain Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SiQ Mountain Industries'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:SIQ 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 Leisure Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

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 SiQ Mountain Industries has not reported any payouts.
  • Unable to verify if SiQ Mountain Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SiQ Mountain Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SiQ Mountain Industries 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 SiQ Mountain Industries'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 SiQ Mountain Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SiQ Mountain Industries 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.

SIQ Management

 What is the CEO of SiQ Mountain Industries'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
Peter Hughes
COMPENSATION CA$109,994
AGE 57
TENURE AS CEO 2.8 years
CEO Bio

Mr. Peter Robert Hughes, B.Sc., has been the Chief Executive Officer at SIQ Mountain Industries, Inc. since May 16, 2016 and serves as its President. Mr. Hughes serves as a Director at Navion Capital Inc. Mr. Hughes has been the Chief Executive Officer and President of Gourmet Ocean Products Inc since February 14, 2014. He has been the Chief Executive Officer of Major Gold Ltd since September 8, 2006. He has been the Chief Executive Officer, President and Secretary of Broome Capital Inc. since March 9, 2012 and as its Chief Financial Officer since October 2016. He is a Self Employed Businessman. He has 30 years’ business experience including senior-level executive and director positions in both private and public companies specializing in pharmaceuticals, alternative energy and mining. He served as the Chief Executive Officer and President of BHK Mining Corp. until January 23, 2015. He served as the Chief Executive Officer of Bastion Resources Ltd. since December 4, 2009 and served as its President. He served as Corporate Secretary of Golden Fame Resources Corp. from April 12, 2011 to March 13, 2012. He served as the Chief Executive Officer and President of Elm Tree Minerals Inc. from October 9, 2012 to December 5, 2012. He served as the Chief Executive Officer of Molystar Resources Inc. from November 17, 2005 to November 2011 and served as its President. He has been actively involved in the pharmaceutical industry as Executive Officer for over 18 years. He served as the Chief Executive Officer of Finore Mining Inc. (Formerly, Otterburn Ventures Inc.) from May 6, 2010 to October 3, 2011. He served as the Chief Executive Officer, President, Principal Financial Officer and Principal Accounting Officer of Pantera Petroleum, Inc. (formerly Arthro Pharmaceuticals Inc.) from October 27, 2004 to September 12, 2007. Mr. Hughes served as Secretary of Pantera Petroleum, Inc., from September 12, 2007 to February 26, 2008. He served as the Chief Executive Officer and President of Ximen Mining Corp. from October 9, 2012 to December 5, 2012. He served as the Chief Executive Officer and President of ESP Resources, Inc. until September 2007 and served as its Secretary until February 2008. He has built industrial and resource companies from the ground up and has obtained regulatory and exchange approval for numerous reporting issuers. His experience includes corporate structuring, technology assessments, proprietary protection, public and private financings, negotiating property agreements and public company management. He also worked with National Research Council of Canada providing alternative energy companies with market intelligence and strategic planning. He served as the Chairman at Finore Mining Inc since October 3, 2011 and served as its Director since May 6, 2010. He served as Director of Benchmark Botanics Inc. since November 2, 2017 until July 30, 2018. He has been an Independent Director at Kelso Technologies Inc. since October 4, 2010 and its lead director. He has been an Independent Director at Yuntone Capital Corp. since February 2018. He has been a Director of Otterburn Ventures Inc. since May 6, 2010, SIQ Mountain Industries, Inc. since May 16, 2016, Naturally Splendid Enterprises Ltd. since December 21, 2010, Broome Capital Inc. since March 9, 2012, Molystar Resources Inc. since November 2005, Major Gold Ltd. since September 8, 2006 and Gourmet Ocean Products Inc. since February 14, 2014. He served as a Director of BHK Mining Corp. (Also known as BHK Resources Inc.) from December 10, 2012 to February 2015. He has been actively involved in the pharmaceutical industry as a Director for over 18 years. He served as a Director of Finore since May 6, 2010, Race Capital Corp. since December 21, 2010, Bastion Resources Ltd. since December 4, 2009, Pan American Fertilizer Corporation until February 26, 2013, Ximen Mining Corp. from October 9, 2012 to December 5, 2012, Pantera Petroleum, Inc., from October 27, 2004 to February 26, 2008, Elm Tree Minerals Inc. from October 9, 2012 to December 5, 2012 and ESP Resources Inc., until February 2008. Mr. Hughes earned Bachelors Degree in Science in Accounting from the University of British Columbia in 1983 and successfully completed the Canadian Securities Course and Directors & Officers Program in 1985.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Peter's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the SiQ Mountain Industries management team in years:

2.8
Average Tenure
  • The tenure for the SiQ Mountain Industries management team is about average.
Management Team

Peter Hughes

TITLE
President
COMPENSATION
CA$110K
AGE
57
TENURE
2.8 yrs

Rick Lee

TITLE
CFO, Secretary & Director
COMPENSATION
CA$87K
AGE
62
TENURE
2.8 yrs

Brian McFadden

TITLE
Chief Operating Officer
TENURE
0.1 yrs

Gautier Arcouette

TITLE
Chief Technology Officer
Board of Directors Tenure

Average tenure and age of the SiQ Mountain Industries board of directors in years:

2.8
Average Tenure
62
Average Age
  • The average tenure for the SiQ Mountain Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Hughes

TITLE
President
COMPENSATION
CA$110K
AGE
57
TENURE
2.8 yrs

Rick Lee

TITLE
CFO, Secretary & Director
COMPENSATION
CA$87K
AGE
62
TENURE
2.8 yrs

Rik Bond

TITLE
Lead Director
COMPENSATION
CA$54K
AGE
64

Kathy Love

TITLE
Director
COMPENSATION
CA$43K
TENURE
2.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by SiQ Mountain Industries insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
08. Mar 19 Buy Richard Lee Individual 06. Mar 19 06. Mar 19 5,000 CA$0.16 CA$800
28. Feb 19 Buy Peter Hughes Individual 27. Feb 19 27. Feb 19 10,500 CA$0.15 CA$1,575
27. Feb 19 Buy James Bond Individual 27. Feb 19 27. Feb 19 40,000 CA$0.15 CA$6,000
26. Feb 19 Buy Peter Hughes Individual 26. Feb 19 26. Feb 19 9,500 CA$0.15 CA$1,425
07. Aug 18 Buy Peter Hughes Individual 01. Aug 18 01. Aug 18 16,000 CA$0.17 CA$2,640
X
Management checks
We assess SiQ Mountain Industries'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. SiQ Mountain Industries 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.

SIQ News

Simply Wall St News

Why SIQ Mountain Industries Inc's (CVE:SIQ) Ownership Structure Is Important

Today, I will be analyzing SIQ Mountain Industries Inc’s (CVE:SIQ) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … While these are more of a long-term investor’s concern, short-term investors may find the impact of institutional trading overwhelming enough to lose out on what could be a potential opportunity.

Simply Wall St -

SIQ Company Info

Description

SiQ Mountain Industries Inc. focuses on the design, engineering, marketing, production, and distribution of various proprietary outdoor sports entertainment products in Canada and internationally. It offers equipment, accessories, and apparel for men and women under SiQ Mountain, Onewheel, and Lift Foils brand names. The company was formerly known as Snobro Enterprises Inc. The company was incorporated in 2016 and is headquartered in South Surrey, Canada.

Details
Name: SiQ Mountain Industries Inc.
SIQ
Exchange: TSXV
Founded: 2016
CA$3,664,016
22,900,100
Website: http://www.siqmountain.com
Address: SiQ Mountain Industries Inc.
13966 18B Avenue,
South Surrey,
British Columbia, V4A 8J1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SIQ Common Shares TSX Venture Exchange CA CAD 03. Apr 2017
Number of employees
Current staff
Staff numbers
0
SiQ Mountain Industries employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:06
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2019/01/29
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/08/31


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.