Loading...

Cliffside Capital

TSXV:CEP
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CEP
TSXV
CA$11M
Market Cap
  1. Home
  2. CA
  3. Diversified Financials
Company description

Cliffside Capital Ltd., through 85 per-cent interest in CAL LP and 60-per-cent interest in ACC LP III, provides automotive financial services in Canada. The last earnings update was 120 days ago. More info.


Add to Portfolio Compare Print
CEP Share Price and Events
7 Day Returns
0%
TSXV:CEP
0.8%
CA Capital Markets
0.9%
CA Market
1 Year Returns
137.5%
TSXV:CEP
-10%
CA Capital Markets
1.2%
CA Market
CEP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cliffside Capital (CEP) 0% -5% 5.6% 137.5% 137.5% -
CA Capital Markets 0.8% 0.1% 12% -10% 11.7% -17.6%
CA Market 0.9% 2.3% 12.4% 1.2% 16.1% 5.9%
1 Year Return vs Industry and Market
  • CEP outperformed the Capital Markets industry which returned -10% over the past year.
  • CEP outperformed the Market in Canada which returned 1.2% over the past year.
Price Volatility
CEP
Industry
5yr Volatility vs Market

Value

 Is Cliffside Capital undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Cliffside Capital. This is due to cash flow or dividend data being unavailable. The share price is CA$0.19.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cliffside Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cliffside Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CEP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:CEP Share Price ** TSXV (2019-03-19) in CAD CA$0.19
Canada Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 14.36x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cliffside Capital.

TSXV:CEP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CEP Share Price ÷ EPS (both in CAD)

= 0.19 ÷ -0.01

-32.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cliffside Capital is loss making, we can't compare its value to the CA Capital Markets industry average.
  • Cliffside Capital is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Cliffside Capital's expected growth come at a high price?
Raw Data
TSXV:CEP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -32.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Capital Markets Industry PEG Ratio Median Figure of 35 Publicly-Listed Capital Markets Companies 2.4x
Canada Market PEG Ratio Median Figure of 252 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cliffside Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cliffside Capital's assets?
Raw Data
TSXV:CEP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.07
TSXV:CEP Share Price * TSXV (2019-03-19) in CAD CA$0.19
Canada Capital Markets Industry PB Ratio Median Figure of 112 Publicly-Listed Capital Markets Companies 1.29x
Canada Market PB Ratio Median Figure of 2,347 Publicly-Listed Companies 1.56x
TSXV:CEP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CEP Share Price ÷ Book Value per Share (both in CAD)

= 0.19 ÷ 0.07

2.82x

* Primary Listing of Cliffside Capital.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cliffside Capital is overvalued based on assets compared to the CA Capital Markets industry average.
X
Value checks
We assess Cliffside Capital's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Cliffside Capital has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cliffside Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Cliffside Capital 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cliffside Capital expected to grow at an attractive rate?
  • Unable to compare Cliffside Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cliffside Capital's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Cliffside Capital's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CEP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 7%
Canada Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average -2.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CEP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CEP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 2 -47 0
2018-06-30 2 -35 0
2018-03-31 1 -51 0
2017-12-31 0 -48 0
2017-09-30 1 -45 0
2017-06-30 0 -35 0
2017-03-31 0 -5 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 0
2015-12-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cliffside Capital is high growth as no earnings estimate data is available.
  • Unable to determine if Cliffside Capital is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:CEP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cliffside Capital Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CEP Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 0.00
2015-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cliffside Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Cliffside Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. Cliffside Capital's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Cliffside Capital's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cliffside Capital has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cliffside Capital performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cliffside Capital's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cliffside Capital does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Cliffside Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cliffside Capital's 1-year growth to the CA Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Cliffside Capital's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cliffside Capital Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CEP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1.69 -0.32 2.19
2018-06-30 1.81 0.03 1.63
2018-03-31 1.48 0.29 0.78
2017-12-31 0.45 -0.36 0.38
2017-09-30 0.57 -0.38 0.56
2017-06-30 0.32 -0.35 0.32
2017-03-31 0.13 -0.31 0.17
2016-12-31 0.06 0.00 0.13
2016-09-30 0.03 -0.01 0.08
2016-06-30 0.01 -0.05 0.05
2016-03-31 0.01 -0.06 0.07
2015-12-31 0.01 -0.13 0.14
2015-09-30 0.01 -0.05 0.15
2015-06-30 -0.04 0.14
2015-03-31 -0.65 0.67
2014-12-31 -0.58 0.60
2013-12-31 -0.20 0.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cliffside Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cliffside Capital has efficiently used its assets last year compared to the CA Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cliffside Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Cliffside Capital's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cliffside Capital has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cliffside Capital's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cliffside Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cliffside Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Cliffside Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Cliffside Capital's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cliffside Capital Company Filings, last reported 5 months ago.

TSXV:CEP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 4.65 101.30 4.54
2018-06-30 5.10 79.35 4.54
2018-03-31 5.37 64.71 4.51
2017-12-31 5.55 56.68 3.73
2017-09-30 5.52 48.82 5.24
2017-06-30 5.48 38.93 5.69
2017-03-31 5.52 13.18 3.80
2016-12-31 4.68 0.00 0.72
2016-09-30 4.60 0.00 1.19
2016-06-30 4.58 0.00 4.52
2016-03-31 4.58 0.00 4.60
2015-12-31 4.58 0.00 4.64
2015-09-30 4.61 0.00 4.64
2015-06-30 4.62 0.00 4.67
2015-03-31 4.65 0.00 4.69
2014-12-31 4.66 0.00 4.72
2013-12-31 0.47 0.11 0.67
  • Cliffside Capital's level of debt (2177.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if Cliffside Capital's debt level has increased without past 5-year debt data.
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.

  • Cliffside Capital has less than a year of cash runway based on current free cash flow.
  • Cliffside Capital has less than a year of cash runway if free cash flow continues to grow at historical rates of 99.8% each year.
X
Financial health checks
We assess Cliffside Capital's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cliffside Capital has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cliffside Capital's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cliffside Capital dividends.
If you bought CA$2,000 of Cliffside Capital shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cliffside Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cliffside Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CEP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cliffside Capital has not reported any payouts.
  • Unable to verify if Cliffside Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cliffside Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cliffside Capital 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.
X
Income/ dividend checks
We assess Cliffside Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cliffside Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cliffside Capital has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cliffside Capital's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Steve Malone
TENURE AS CEO 0.8 years
CEO Bio

Mr. Stephen R. Malone, also known as Steve, has been Chief Executive Officer of Cliffside Capital Ltd. since May 22, 2018. Mr. Malone has significant leadership experience in the Canadian financial services industry. Mr. Malone is President and COO of CanCap Management Inc. Prior to joining CanCap Management Inc., Mr. Malone worked 3 years with D+H Corporation. Mr. Malone began his career in the branch network with Trans Canada Credit (subsequently acquired by Wells Fargo Financial Corporation Canada) in Eastern Canada and rose through increasingly more senior positions to Vice President Credit Operations for all of Canada where he oversaw a diverse workforce of 300 employees. Mr. Malone was responsible for credit risk and quality of the Canadian portfolio and oversaw the centralization of all underwriting functions, adding controls, governance and improved service quality across all product lines. Mr. Malone also sits on the Board of Directors of Toronto Children’s Aid Society. Mr. Malone earned a Business degree at the University of New Brunswick.

CEO Compensation
  • Insufficient data for Steve to compare compensation growth.
  • Insufficient data for Steve to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team

Yazdi Bharucha

TITLE
CFO & Secretary
COMPENSATION
CA$55K
AGE
68
TENURE
4.1 yrs

Steve Malone

TITLE
CEO & Director
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Cliffside Capital board of directors in years:

3.5
Average Tenure
62
Average Age
  • The tenure for the Cliffside Capital board of directors is about average.
Board of Directors

Michael Stein

TITLE
Chairman of the Board
AGE
67

Steve Malone

TITLE
CEO & Director
TENURE
0.8 yrs

Keith Ray

TITLE
Independent Director
TENURE
5.3 yrs

Mark Newman

TITLE
Director
AGE
59
TENURE
5.4 yrs

Maish Kagan

TITLE
Director
AGE
62
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Cliffside Capital's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cliffside Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Could The Cliffside Capital Ltd. (CVE:CEP) Ownership Structure Tell Us Something Useful?

Taking a look at our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about CEP … Check out our latest analysis for Cliffside Capital

Simply Wall St -

How Does Investing In Cliffside Capital Ltd (CVE:CEP) Impact Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Should You Be Tempted To Sell Cliffside Capital Ltd (CVE:CEP) At Its Current PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in Cliffside Capital Ltd (CVE:CEP). … Cliffside Capital Ltd (CVE:CEP) is currently trading at a trailing P/E of 48x, which is higher than the industry average of 12.1x.

Simply Wall St -

Company Info

Description

Cliffside Capital Ltd., through 85 per-cent interest in CAL LP and 60-per-cent interest in ACC LP III, provides automotive financial services in Canada. The company holds a portfolio of retail sales contracts backed by motor vehicles as collateral that are originated and serviced by AutoCapital Canada Management Inc. Cliffside Capital Ltd. was incorporated in 2013 and is based in Toronto, Canada.

Details
Name: Cliffside Capital Ltd.
CEP
Exchange: TSXV
Founded: 2013
CA$10,654,250
56,075,000
Website: http://www.cliffsidecapital.ca
Address: Cliffside Capital Ltd.
11 Church Street,
Suite 200,
Toronto,
Ontario, M5E 1W1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CEP Common Shares TSX Venture Exchange CA CAD 17. Apr 2014
Number of employees
Current staff
Staff numbers
0
Cliffside Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 00:33
End of day share price update: 2019/03/19 00:00
Last earnings filing: 2018/11/20
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.