TSXV:WI

Stock Analysis Report

Western Investment Company Of Canada

Executive Summary

The Western Investment Company Of Canada Limited operates as an automotive glass service company.

Snowflake

Fundamentals

Fair value with questionable track record.

Risks

  • Western Investment Company Of Canada is not covered by any analysts.

Share Price & News

How has Western Investment Company Of Canada's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

TSXV:WI

-0.3%

CA Consumer Services

1.2%

CA Market


1 Year Return

14.3%

TSXV:WI

27.3%

CA Consumer Services

-0.1%

CA Market

WI underperformed the Consumer Services industry which returned 27.2% over the past year.

WI outperformed the Market in Canada which returned -0.2% over the past year.


Share holder returns

WIIndustryMarket
7 Day0%-0.3%1.2%
30 Day0%-1.0%4.0%
90 Day-4.8%34.4%1.4%
1 Year14.3%14.3%32.4%27.3%3.4%-0.1%
3 Year-20.0%-20.0%111.9%87.8%19.3%8.6%
5 Yearn/a253.7%180.4%19.0%2.0%

Price Volatility Vs. Market

How volatile is Western Investment Company Of Canada's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Western Investment Company Of Canada undervalued based on future cash flows and its price relative to the stock market?

8.97x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Western Investment Company Of Canada to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Western Investment Company Of Canada to establish if it is available at substantial discount.


Price Based on Earnings

Western Investment Company Of Canada is good value based on earnings compared to the North America Consumer Services industry average.

Western Investment Company Of Canada is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Western Investment Company Of Canada, we can't assess if its growth is good value.


Price Based on Value of Assets

Western Investment Company Of Canada is good value based on assets compared to the CA Consumer Services industry average.


Next Steps

Future Growth

How is Western Investment Company Of Canada expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.4%

Forecasted Consumer 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 Western Investment Company Of 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 Western Investment Company Of Canada performed over the past 5 years?

87.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Western Investment Company Of Canada has delivered over 20% year on year earnings growth in the past 5 years.

Western Investment Company Of Canada has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Western Investment Company Of Canada has become profitable in the last year making it difficult to compare the North America Consumer Services industry average.


Return on Equity

Western Investment Company Of Canada has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Western Investment Company Of Canada used its assets more efficiently than the North America Consumer Services industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Western Investment Company Of Canada improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Western Investment Company Of Canada's financial position?


Financial Position Analysis

Western Investment Company Of Canada is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Western Investment Company Of Canada's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Western Investment Company Of Canada's level of debt (26.4%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Western Investment Company Of Canada's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Western Investment Company Of Canada's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.4x debt.


Next Steps

Dividend

What is Western Investment Company Of Canada's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Western Investment Company Of Canada's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Western Investment Company Of Canada's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Western Investment Company Of Canada has not reported any payouts.

Unable to verify if Western Investment Company Of Canada's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Western Investment Company Of Canada 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.


Next Steps

Management

What is the CEO of Western Investment Company Of Canada's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Scott Tannas (57yo)

3.9yrs

Tenure

CA$126,822

Compensation

Mr. Scott A. Tannas serves as Chief Executive Officer, President, Secretary of The Western Investment Company Of Canada Limited. He is a Senator of Canada since 2014. Mr. Tannas founded Western Financial G ...


CEO Compensation Analysis

Scott's remuneration is about average for companies of similar size in Canada.

Scott's compensation has increased in line with Western Investment Company Of Canada recently becoming profitable.


Management Age and Tenure

2.3yrs

Average Tenure

The tenure for the Western Investment Company Of Canada management team is about average.


Board Age and Tenure

3.9yrs

Average Tenure

62yo

Average Age

The tenure for the Western Investment Company Of Canada board of directors is about average.


Insider Trading

Information is not available.


Recent Insider Transactions

BuyCA$4,39027 Jun 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceCA$0.44
SellCA$4,10027 Jun 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares10,000
Max PriceCA$0.41
BuyCA$6,72014 Jun 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares16,000
Max PriceCA$0.42
BuyCA$5,12513 Jun 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares12,500
Max PriceCA$0.41
SellCA$11,40013 Jun 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares28,500
Max PriceCA$0.40
BuyCA$11,98821 Mar 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares30,000
Max PriceCA$0.40
SellCA$12,00018 Mar 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares30,000
Max PriceCA$0.40
BuyCA$2,46512 Feb 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares6,500
Max PriceCA$0.40
BuyCA$58514 Jan 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares1,500
Max PriceCA$0.39
BuyCA$20002 Jan 19
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceCA$0.40
BuyCA$4,00028 Dec 18
Shafeen Mawani
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares10,000
Max PriceCA$0.40
BuyCA$1,12519 Dec 18
Shafeen Mawani
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares2,500
Max PriceCA$0.45
BuyCA$1,01519 Nov 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares2,500
Max PriceCA$0.43
BuyCA$7,50019 Nov 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares20,000
Max PriceCA$0.38
BuyCA$78019 Oct 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares2,000
Max PriceCA$0.39
BuyCA$9,86017 Oct 18
Jennie Moushos
EntityIndividual
Role
Member of the Board of Directors
Director
Shares28,000
Max PriceCA$0.35
BuyCA$3,96012 Oct 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares12,000
Max PriceCA$0.33
BuyCA$2,00001 Oct 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares5,000
Max PriceCA$0.40
BuyCA$1,81020 Sep 18
Shafeen Mawani
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares5,500
Max PriceCA$0.37
BuyCA$5,25020 Sep 18
James Dinning
EntityIndividual
Role
Chairman of the Board
Chairman
Shares15,000
Max PriceCA$0.35
BuyCA$1,11019 Sep 18
Scott Tannas
EntityIndividual
Role
Chief Executive Officer
President
Shares3,000
Max PriceCA$0.37
BuyCA$22,52517 Sep 18
Shafeen Mawani
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares63,500
Max PriceCA$0.38

Ownership Breakdown


Management Team

  • Scott Tannas (57yo)

    President

    • Tenure: 3.9yrs
    • Compensation: CA$126.82k
  • Shafeen Mawani

    Chief Operating Officer

    • Tenure: 2.3yrs
    • Compensation: CA$239.04k
  • Stacey Cross

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: CA$86.79k

Board Members

  • Scott Tannas (57yo)

    President

    • Tenure: 3.9yrs
    • Compensation: CA$126.82k
  • Bill Yuill (81yo)

    Director

    • Tenure: 3.9yrs
    • Compensation: CA$10.42k
  • Jim Dinning (65yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: CA$13.87k
  • Kabir Jivraj (62yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: CA$10.42k
  • Jennie Moushos

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$10.42k
  • Bob Espey (53yo)

    Director

    • Tenure: 3.9yrs
    • Compensation: CA$10.42k

Company Information

The Western Investment Company Of Canada Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Western Investment Company Of Canada Limited
  • Ticker: WI
  • Exchange: TSXV
  • Founded: 2015
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: CA$12.232m
  • Shares outstanding: 30.58m
  • Website: https://www.winv.ca

Number of Employees


Location

  • The Western Investment Company Of Canada Limited
  • 1010, 24th Avenue S.E.
  • High River
  • Alberta
  • T1V 2A7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WITSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2016

Biography

The Western Investment Company Of Canada Limited operates as an automotive glass service company. It engages in the repair and replacement of windshields, side windows, side mirrors, rear windows, and sun  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 01:17
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.