TSXV:WI

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Western Investment Company of Canada

Executive Summary

The Western Investment Company of Canada Limited, through its subsidiaries, operates as an automotive glass service company in Canada. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.

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

Stable Share Price: WI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: Insufficient data to determine WI's volatility change over the past year.


Market Performance


7 Day Return

-6.7%

WI

1.4%

CA Consumer Services

0.5%

CA Market


1 Year Return

-38.2%

WI

-8.6%

CA Consumer Services

-0.8%

CA Market

Return vs Industry: WI underperformed the Canadian Consumer Services industry which returned -8.6% over the past year.

Return vs Market: WI underperformed the Canadian Market which returned 0.5% over the past year.


Shareholder returns

WIIndustryMarket
7 Day-6.7%1.4%0.5%
30 Day-8.7%1.2%11.2%
90 Day-12.5%-0.1%5.6%
1 Year-38.2%-38.2%-7.2%-8.6%2.8%-0.8%
3 Year-58.0%-58.0%29.6%23.9%11.2%0.3%
5 Yearn/a117.6%94.6%50.3%27.2%

Long-Term 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 compared to its fair value and its price relative to the market?

0.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: WI is unprofitable, so we can't compare its PE Ratio to the XN Consumer Services industry average.

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


Price to Book Ratio

PB vs Industry: WI is good value based on its PB Ratio (0.4x) compared to the CA Consumer Services industry average (1.5x).


Next Steps

Future Growth

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

61.0%

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?

-14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WI is currently unprofitable.

Growing Profit Margin: WI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WI is unprofitable, and losses have increased over the past 5 years at a rate of 14.3% per year.

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

Earnings vs Industry: WI is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (11.9%).


Return on Equity

High ROE: WI has a negative Return on Equity (-20.7%), as it is currently unprofitable.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: WI's short term assets (CA$62.0K) do not cover its short term liabilities (CA$769.9K).

Long Term Liabilities: WI's short term assets (CA$62.0K) do not cover its long term liabilities (CA$4.3M).


Debt to Equity History and Analysis

Debt Level: WI's debt to equity ratio (33.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if WI's debt to equity ratio has reduced 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: Insufficient data to determine if WI has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Western Investment Company of Canada current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate WI'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 WI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WI'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 WI'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?

3.5yrs

Average management tenure


CEO

Scott Tannas (58 yo)

5.08yrs

Tenure

CA$173,164

Compensation

Mr. Scott A. Tannas serves as Chief Executive Officer and President of The Western Investment Company Of Canada Limited since October 2015 and its Secretary. He is a Senator of Canada since 2014. Mr. Tanna...


CEO Compensation Analysis

Compensation vs Market: Scott's total compensation ($USD133.28K) is about average for companies of similar size in the Canadian market ($USD163.92K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Scott Tannas
President5.08yrsCA$173.16k4.27%
CA$ 312.6k
Stacey Cross
Chief Financial Officer3yrsCA$93.68kno data
Shafeen Mawani
Chief Operating Officer3.5yrsCA$140.46k3.31%
CA$ 241.7k

3.5yrs

Average Tenure

Experienced Management: WI's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott Tannas
President5.08yrsCA$173.16k4.27%
CA$ 312.6k
Willard Yuill
Independent Director5.08yrsCA$10.66k2%
CA$ 145.9k
James Dinning
Independent Chairmanno dataCA$10.66k1.99%
CA$ 145.7k
Kabir Jivraj
Independent Director4.58yrsCA$10.66k2.27%
CA$ 166.1k
Jennie Moushos
Independent Director2.42yrsCA$10.66k0.21%
CA$ 15.4k
Robert Espey
Independent Director5.08yrsCA$10.66k1.74%
CA$ 127.2k

5.1yrs

Average Tenure

63yo

Average Age

Experienced Board: WI's board of directors are considered experienced (5.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: WI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$7.313m
  • Shares outstanding: 30.47m
  • 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, through its subsidiaries, operates as an automotive glass service company in Canada. It provides repair and replacement of windshields, side windows, side ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 00:46
End of Day Share Price2020/11/30 00:00
Earnings2020/09/30
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.