TSX:XAU

Stock Analysis Report

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Executive Summary

Goldmoney Inc. operates as a precious metal focused investment company worldwide. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: XAU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: XAU's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.4%

XAU

-1.6%

CA Diversified Financial

0.04%

CA Market


1 Year Return

34.4%

XAU

16.0%

CA Diversified Financial

1.3%

CA Market

Return vs Industry: XAU exceeded the Canadian Diversified Financial industry which returned 17.8% over the past year.

Return vs Market: XAU exceeded the Canadian Market which returned 0.7% over the past year.


Shareholder returns

XAUIndustryMarket
7 Day3.4%-1.6%0.04%
30 Day7.6%7.3%10.9%
90 Day-14.8%21.7%7.2%
1 Year34.4%34.4%18.3%16.0%5.0%1.3%
3 Year-64.8%-64.9%40.8%29.8%13.5%2.4%
5 Year-47.1%-47.3%8.6%-22.0%54.2%30.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

69.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: XAU is poor value based on its PE Ratio (69.1x) compared to the XN Diversified Financial industry average (10.5x).

PE vs Market: XAU is poor value based on its PE Ratio (69.1x) compared to the Canadian market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XAU's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XAU is good value based on its PB Ratio (1x) compared to the CA Diversified Financial industry average (1.2x).


Next Steps

Future Growth

How is Goldmoney forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.5%

Forecasted Diversified Financials 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 Goldmoney 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 Goldmoney performed over the past 5 years?

47.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XAU has a large one-off loss of CA$5.8M impacting its September 30 2020 financial results.

Growing Profit Margin: XAU's current net profit margins (0.4%) are lower than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: XAU has become profitable over the past 5 years, growing earnings by 47.2% per year.

Accelerating Growth: XAU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XAU had negative earnings growth (-90.1%) over the past year, making it difficult to compare to the Diversified Financial industry average (30.5%).


Return on Equity

High ROE: XAU's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Goldmoney's financial position?


Financial Position Analysis

Short Term Liabilities: XAU's short term assets (CA$93.7M) exceed its short term liabilities (CA$4.1M).

Long Term Liabilities: XAU's short term assets (CA$93.7M) exceed its long term liabilities (CA$1.4M).


Debt to Equity History and Analysis

Debt Level: XAU's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: XAU's debt to equity ratio has increased from 0.4% to 0.6% over the past 5 years.

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

Interest Coverage: XAU earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Goldmoney current dividend yield, its reliability and sustainability?

0.63%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XAU's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).

High Dividend: XAU's dividend (0.63%) is low compared to the top 25% of dividend payers in the Canadian market (5.31%).


Stability and Growth of Payments

Stable Dividend: XAU is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: XAU is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: XAU is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XAU'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?

5.9yrs

Average management tenure


CEO

Roy Sebag (35 yo)

6.33yrs

Tenure

CA$412,699

Compensation

Mr. Roy Sebag serves as Chairman at Fortress Technologies Inc. since August 16, 2018. Mr. Roy Sebag serves as President and Chairman, Co-Founder of Mene Inc. and also serving as Director of Mene Inc., sinc...


CEO Compensation Analysis

Compensation vs Market: Roy's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD166.28K).

Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Roy Sebag
Co-Founder6.33yrsCA$412.70k21.83%
CA$ 40.3m
James Turk
Founder & Lead Independent Director4.67yrsCA$156.04kno data
Steve Fray
Chief Financial Officer2.83yrsCA$372.92k0.088%
CA$ 163.1k
Paul Mennega
Chief Operating Officer3.33yrsCA$373.42k0.036%
CA$ 66.8k
Alessandro Premoli
Chief Technology Officer6.25yrsCA$585.92k0.78%
CA$ 1.4m
Stefan Wieler
VP of Research & Director4.08yrsCA$59.96k0.12%
CA$ 229.2k
Serge Prostran
Compliance Manager5.5yrsno datano data
Kate Millington
Director5.17yrsCA$187.79kno data
Renee Wei
Director of Global Communicationsno datano datano data
Mike Busby
Chief Design Officer6.25yrsno datano data
Alasdair MacLeod
Head of Researchno datano datano data

5.9yrs

Average Tenure

43yo

Average Age

Experienced Management: XAU's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roy Sebag
Co-Founder6.33yrsCA$412.70k21.83%
CA$ 40.3m
James Turk
Founder & Lead Independent Director4.67yrsCA$156.04kno data
Stefan Wieler
VP of Research & Director4.08yrsCA$59.96k0.12%
CA$ 229.2k
Mahendra Naik
Independent Director5.42yrsCA$136.03k0.26%
CA$ 480.8k
Rahul Sood
Member of Technical Advisory Board5.58yrsno datano data
Andres Finkielsztain
Independent Director2.83yrsCA$90.03k0.084%
CA$ 155.0k

4.7yrs

Average Tenure

61yo

Average Age

Experienced Board: XAU's board of directors are considered experienced (4.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: XAU insiders have only sold shares 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

Goldmoney Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Goldmoney Inc.
  • Ticker: XAU
  • Exchange: TSX
  • Founded: 2001
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: CA$184.561m
  • Shares outstanding: 75.33m
  • Website: https://www.goldmoney.com

Number of Employees


Location

  • Goldmoney Inc.
  • 334 Adelaide Street West
  • 3rd Floor
  • Toronto
  • Ontario
  • M5V 1R4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XAUTSX (The Toronto Stock Exchange)YesCommon SharesCACADMay 2015
9BTDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2015
XAUM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2015

Biography

Goldmoney Inc. operates as a precious metal focused investment company worldwide. The company is involved in the investment, custody, and storage of physical precious metals through Goldmoney.com online pl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 23:00
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.