TSXV:AVI.P

Stock Analysis Report

Executive Summary

ADL Ventures Inc. focuses on identifying and evaluating businesses and assets with a view to completing a qualifying transaction.


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AVI.P has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

AVI.P

-6.2%

CA Capital Markets

-6.2%

CA Market


1 Year Return

n/a

AVI.P

10.2%

CA Capital Markets

-2.0%

CA Market

Return vs Industry: Insufficient data to determine how AVI.P performed against the Canadian Capital Markets industry.

Return vs Market: Insufficient data to determine how AVI.P performed against the Canadian Market.


Shareholder returns

AVI.PIndustryMarket
7 Day0%-6.2%-6.2%
30 Day0%-6.7%-5.0%
90 Day0%-0.5%-2.8%
1 Yearn/a15.2%10.2%1.1%-2.0%
3 Yearn/a22.3%6.8%10.7%0.6%
5 Yearn/a38.0%8.6%27.6%8.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: AVI.P is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

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


Price to Book Ratio

PB vs Industry: AVI.P is good value based on its PB Ratio (0.9x) compared to the CA Capital Markets industry average (1x).


Next Steps

Future Growth

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

7.9%

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 ADL Ventures 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 ADL Ventures performed over the past 5 years?

23.2%

Historical Diversified Financials annual earnings growth


Earnings and Revenue History

Quality Earnings: AVI.P is currently unprofitable.

Growing Profit Margin: AVI.P is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if AVI.P's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: AVI.P is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (5.4%).


Return on Equity

High ROE: AVI.P has a negative Return on Equity (-22.48%), as it is currently unprofitable.


Next Steps

Financial Health

How is ADL Ventures's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: AVI.P has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AVI.P's debt is covered by short term assets.


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: AVI.P has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: AVI.P has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 230.3% each year


Financial Institutions Analysis

Asset Level: AVI.P's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if AVI.P has a sufficient allowance for bad loans.

Low Risk Liabilities: AVI.P reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if AVI.P has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AVI.P has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if AVI.P has an appropriate level of bad loans.


Next Steps

Dividend

What is ADL Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AVI.P's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AVI.P's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AVI.P'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 AVI.P'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?

0.3yrs

Average management tenure


CEO

Laurence Rose (50yo)

Mr. Laurence Rose serves as the Chairman, President and Chief Executive Officer of Omega Securities Inc. Mr. Rose served as the Chairman of the board at ADL Ventures Inc. until 2019 and has been its Direct ...


Leadership Team

NamePositionTenureCompensationOwnership
Nolan Browne
Founder & Chairman0.8yrsno datano data
Laurence Rose
CEO & Director0yrsno datano data
Eric Wisch
Managing partner0.3yrsno datano data
Philip Porat
CFO & Corporate Secretary0yrsno data2.21% CA$9.0k
Christian Kurzke
Principal0yrsno datano data
Frank Yang
Principal0.3yrsno datano data
Chris Richardson
Principal0.3yrsno datano data

0.3yrs

Average Tenure

Experienced Management: AVI.P's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Nolan Browne
Founder & Chairman0.8yrsno datano data
Laurence Rose
CEO & Director0yrsno datano data
Alan Simpson
Independent Director1.7yrsno data44.2% CA$180.3k
Daniel Goodman
Independent Director1.7yrsno data0.33% CA$1.4k

1.7yrs

Average Tenure

50yo

Average Age

Experienced Board: AVI.P's board of directors are not considered experienced ( 1.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: ADL Ventures Inc.
  • Ticker: AVI.P
  • Exchange: TSXV
  • Founded: 2018
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$408.000k
  • Shares outstanding: 5.44m
  • Website: https://www.adlventures.com

Location

  • ADL Ventures Inc.
  • North Tower
  • Suite 901
  • Toronto
  • Ontario
  • M4W 3R8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AVI.PTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2018

Biography

ADL Ventures Inc. focuses on identifying and evaluating businesses and assets with a view to completing a qualifying transaction. The company was incorporated in 2018 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/28 01:02
End of Day Share Price2019/07/30 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.