TSXV:RCC.H

Stock Analysis Report

Executive Summary

Red Rock Capital Corp. does not have significant operations.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Red Rock Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

RCC.H

-3.7%

CA Capital Markets

-3.8%

CA Market


1 Year Return

n/a

RCC.H

12.9%

CA Capital Markets

0.5%

CA Market

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

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


Shareholder returns

RCC.HIndustryMarket
7 Day0%-3.7%-3.8%
30 Day0%-3.1%-2.0%
90 Day20.0%1.3%-0.3%
1 Yearn/a18.1%12.9%3.7%0.5%
3 Year133.3%133.3%23.9%8.3%13.6%3.4%
5 Yearn/a39.5%9.8%30.2%11.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Red Rock Capital undervalued compared to its fair value and its price relative to the market?

1.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: RCC.H is overvalued based on its PB Ratio (1x) compared to the CA Capital Markets industry average (0.9x).


Next Steps

Future Growth

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

8.6%

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 Red Rock 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Red Rock Capital performed over the past 5 years?

-9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RCC.H is currently unprofitable.

Growing Profit Margin: RCC.H is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RCC.H is unprofitable, and losses have increased over the past 5 years at a rate of -9.6% per year.

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

Earnings vs Industry: RCC.H is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-13.4%).


Return on Equity

High ROE: RCC.H has a negative Return on Equity (-14.73%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Red Rock Capital'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: RCC.H has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if RCC.H'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: RCC.H has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: RCC.H has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -6.6% each year


Financial Institutions Analysis

Asset Level: RCC.H's level of assets compared to its equity is low.

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate RCC.H'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 RCC.H's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RCC.H'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 RCC.H'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?


CEO

Peter Born 0

0.8yrs

Tenure

0

Dr. Peter Born has been Chief Executive Officer of P&P Ventures Inc. since May 8, 2019 and has been its Director since May 1, 2019. Dr. Born has been Interim Chief Executive Officer and Company Secretary a ...


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 been diluted in the past year, with total shares outstanding growing by 4.1%.


Top Shareholders

Company Information

Red Rock Capital Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Red Rock Capital Corp.
  • Ticker: RCC.H
  • Exchange: TSXV
  • Founded: 2012
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$873.942k
  • Shares outstanding: 29.13m
  • Website: https://null

Location

  • Red Rock Capital Corp.
  • 2200–885 West Georgia Street
  • Vancouver
  • British Columbia
  • V6C 3E8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RCC.HTSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2013

Biography

Red Rock Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to complete a qualifying transaction. The company was incorporated in 2012 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 02:14
End of Day Share Price2020/01/22 00:00
Earnings2019/09/30
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.