TSXV:GMN

Stock Analysis Report

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Executive Summary

GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China.


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: GMN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.4%

GMN

1.2%

CA Capital Markets

2.3%

CA Market


1 Year Return

n/a

GMN

5.6%

CA Capital Markets

-4.1%

CA Market

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

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


Shareholder returns

GMNIndustryMarket
7 Day15.4%1.2%2.3%
30 Day15.4%4.3%6.9%
90 Day50.0%15.3%11.4%
1 Yearn/a10.6%5.6%-0.7%-4.1%
3 Year-37.1%-40.0%31.4%13.9%12.5%1.7%
5 Year-15.8%-23.1%64.1%29.6%34.0%13.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: GMN is good value based on its PB Ratio (0.2x) compared to the CA Capital Markets industry average (1x).


Next Steps

Future Growth

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

6.3%

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 GobiMin 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 GobiMin performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GMN is currently unprofitable.

Growing Profit Margin: GMN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GMN is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% per year.

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

Earnings vs Industry: GMN is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-1.2%).


Return on Equity

High ROE: GMN has a negative Return on Equity (-3.23%), as it is currently unprofitable.


Next Steps

Financial Health

How is GobiMin's financial position?


Financial Position Analysis

Short Term Liabilities: GMN's short term assets ($23.5M) exceed its short term liabilities ($2.4M).

Long Term Liabilities: GMN's short term assets ($23.5M) exceed its long term liabilities ($351.9K).


Debt to Equity History and Analysis

Debt Level: GMN is debt free.

Reducing Debt: GMN had no debt 5 years ago.


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

Forecast Cash Runway: GMN has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 47.4% each year


Next Steps

Dividend

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

4.44%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GMN's dividend (4.44%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).

High Dividend: GMN's dividend (4.44%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).


Stability and Growth of Payments

Stable Dividend: GMN's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: GMN is paying a dividend but the company is unprofitable.


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?

3.8yrs

Average board tenure


CEO

Felipe Tan (65 yo)

no data

Tenure

US$299,509

Compensation

Mr. Felipe Tan has been the Chief Executive Officer and President at GobiMin Inc. (formerly Alexis Resources Limited) since September 2005. Mr. Tan serves as the President of Belmont Holdings Group Limited ...


CEO Compensation Analysis

Compensation vs Market: Felipe's total compensation ($USD225.07K) is about average for companies of similar size in the Canadian market ($USD179.12K).

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


Board Members

NamePositionTenureCompensationOwnership
Felipe Tan
Chairmanno dataUS$299.51k7.65%
$ 1.1m
Yuen Kwan Ko
CFO, VP of Corporate Affairs3.92yrsUS$155.93k0.24%
$ 36.0k
Hubert Marleau
Independent Director15.58yrsUS$22.00kno data
Wing Cheng
Independent Director15.58yrsUS$22.00kno data
Maxime Lemieux
Independent Non-executive Director3.58yrsUS$22.00kno data
Jianqing Ma
Non-Executive Director2.42yrsUS$2.00kno data
Duncan Hancock
Director0.67yrUS$13.04kno data

3.8yrs

Average Tenure

65yo

Average Age

Experienced Board: GMN's board of directors are considered experienced (3.8 years average tenure).


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


Top Shareholders

Company Information

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


Key Information

  • Name: GobiMin Inc.
  • Ticker: GMN
  • Exchange: TSXV
  • Founded:
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$14.758m
  • Shares outstanding: 49.19m
  • Website: https://www.gobimin.com

Location

  • GobiMin Inc.
  • 1000 Sherbrooke Street West
  • Suite 2700
  • Montreal
  • Quebec
  • H3A 3G4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GMNTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2005
31TDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2005
GMNF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2005

Biography

GobiMin Inc., together with its subsidiaries, invests in equity, debt, or other securities in China. The company operates through two segments, Investment Business and Mining Business. It is also involved ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 00:45
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
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.