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Market Cap

CA$212.5m

Last Updated

2021/09/18 22:07 UTC

Data Sources

Company Financials +

Share Price & News

How has Chesswood Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CHW is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CHW's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.5%

CHW

-2.4%

CA Diversified Financial

-0.6%

CA Market


1 Year Return

117.3%

CHW

39.3%

CA Diversified Financial

29.0%

CA Market

Return vs Industry: CHW exceeded the Canadian Diversified Financial industry which returned 39.3% over the past year.

Return vs Market: CHW exceeded the Canadian Market which returned 29% over the past year.


Shareholder returns

CHWIndustryMarket
7 Day1.5%-2.4%-0.6%
30 Day2.8%-0.5%1.5%
90 Day-11.2%2.1%2.3%
1 Year122.3%117.3%41.7%39.3%32.9%29.0%
3 Year15.5%-2.3%113.2%99.3%32.4%19.9%
5 Year28.3%-5.9%17.4%-16.1%52.2%29.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Chesswood Group undervalued compared to its fair value and its price relative to the market?

9.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CHW (CA$11.67) is trading above our estimate of fair value (CA$9.84)

Significantly Below Fair Value: CHW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CHW is good value based on its PE Ratio (9.7x) compared to the Canadian Diversified Financial industry average (14.4x).

PE vs Market: CHW is good value based on its PE Ratio (9.7x) compared to the Canadian market (12.9x).


Price to Earnings Growth Ratio

PEG Ratio: CHW's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CHW is good value based on its PB Ratio (1.3x) compared to the CA Diversified Financial industry average (1.8x).


Future Growth

How is Chesswood Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-0.07%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHW's earnings are forecast to decline over the next 3 years (-0.07% per year).

Earnings vs Market: CHW's earnings are forecast to decline over the next 3 years (-0.07% per year).

High Growth Earnings: CHW's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CHW's revenue (44% per year) is forecast to grow faster than the Canadian market (6.1% per year).

High Growth Revenue: CHW's revenue (44% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CHW's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Chesswood Group performed over the past 5 years?

-19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHW has a large one-off loss of CA$12.7M impacting its June 30 2021 financial results.

Growing Profit Margin: CHW became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CHW's earnings have declined by 19.4% per year over the past 5 years.

Accelerating Growth: CHW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CHW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (77.4%).


Return on Equity

High ROE: CHW's Return on Equity (14.1%) is considered low.


Financial Health

How is Chesswood Group's financial position?


Financial Position Analysis

Short Term Liabilities: CHW's short term assets (CA$1.1B) exceed its short term liabilities (CA$28.5M).

Long Term Liabilities: CHW's short term assets (CA$1.1B) exceed its long term liabilities (CA$990.2M).


Debt to Equity History and Analysis

Debt Level: CHW's debt to equity ratio (563.5%) is considered high.

Reducing Debt: CHW's debt to equity ratio has increased from 180.1% to 563.5% over the past 5 years.

Debt Coverage: CHW's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if CHW's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Chesswood Group current dividend yield, its reliability and sustainability?

3.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHW's dividend (3.08%) is higher than the bottom 25% of dividend payers in the Canadian market (1.64%).

High Dividend: CHW's dividend (3.08%) is low compared to the top 25% of dividend payers in the Canadian market (4.51%).


Stability and Growth of Payments

Stable Dividend: CHW's dividend payments have been volatile in the past 10 years.

Growing Dividend: CHW's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (13.3%), CHW's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Ryan Marr

1.25yrs

Tenure

CA$1,210,593

Compensation

Mr. Ryan Marr has been President and Chief Executive Officer of Chesswood Group Limited since June 29, 2020 and its Director since September 30, 2020. He is Partner, Chief Investment Officer and Portfolio...


CEO Compensation Analysis

Compensation vs Market: Ryan's total compensation ($USD949.57K) is above average for companies of similar size in the Canadian market ($USD512.41K).

Compensation vs Earnings: Insufficient data to compare Ryan's compensation with company performance.


Leadership Team

Experienced Management: CHW's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: CHW's board of directors are not considered experienced ( 1.1 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: CHW 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

Chesswood Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chesswood Group Limited
  • Ticker: CHW
  • Exchange: TSX
  • Founded: 1982
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Implied Market Cap: CA$212.527m
  • Market Cap: CA$195.272m
  • Shares outstanding: 18.21m
  • Website: https://www.chesswoodgroup.com

Number of Employees


Location

  • Chesswood Group Limited
  • 1133 Yonge Street
  • Suite 603
  • Toronto
  • Ontario
  • M4T 2Y7
  • Canada

Listings


Biography

Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. The company offers micro and small-ticket commercial equipment financing to small and medium-siz...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:07
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.