Trenchant Capital Corp., an investment and venture capital company, focuses on providing special situation debt financing to various companies in Canada.
Worrying balance sheet with weak fundamentals.
Share Price & News
How has Trenchant Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCC's share price has been volatile over the past 3 months.
7 Day Return
CA Capital Markets
1 Year Return
CA Capital Markets
Return vs Industry: TCC underperformed the Canadian Capital Markets industry which returned 17.6% over the past year.
Return vs Market: TCC underperformed the Canadian Market which returned 5.3% over the past year.
Price Volatility Vs. Market
How volatile is Trenchant Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDoes Trenchant Capital Corp. (CVE:TCC) Have A High Beta?
1 year ago | Simply Wall StHow Does Investing In Trenchant Capital Corp. (CVE:TCC) Impact The Volatility Of Your Portfolio?
1 year ago | Simply Wall StDo Insiders Own Shares In Trenchant Capital Corp (CVE:TCC)?
Is Trenchant Capital undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TCC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TCC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TCC is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.
PE vs Market: TCC 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 TCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCC is overvalued based on its PB Ratio (596x) compared to the CA Capital Markets industry average (0.9x).
How is Trenchant Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Trenchant 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.
- Take a look at our analysis of TCC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Trenchant Capital competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Trenchant Capital performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCC is currently unprofitable.
Growing Profit Margin: TCC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TCC is unprofitable, but has reduced losses over the past 5 years at a rate of 41.8% per year.
Accelerating Growth: Unable to compare TCC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TCC is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-13.4%).
Return on Equity
High ROE: TCC has a negative Return on Equity (-7.46%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Trenchant Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: TCC has a low level of unsold assets or inventory.
Debt Coverage by Assets: TCC's debt is not covered by short term assets (assets are 0x debt).
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: TCC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TCC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Financial Institutions Analysis
Asset Level: TCC's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if TCC has a sufficient allowance for bad loans.
Low Risk Liabilities: TCC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if TCC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: TCC has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if TCC has an appropriate level of bad loans.
What is Trenchant Capital's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TCC'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 TCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCC'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 TCC's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Eric Boehnke (53yo)
Mr. Eric Boehnke has been the Chief Executive Officer and Director of Trenchant Capital Corp. (alternative name Echelon Petroleum Corp.) since May 26, 2014 and serves as its President. Mr. Boehnke served a ...
|President||5.8yrs||no data||42.69% CA$448.4k|
|CFO, Secretary & Director||1.2yrs||CA$6.00k||no data|
|Founding Member of Advisory Board||8.6yrs||no data||no data|
|Independent Director||3.8yrs||no data||17.55% CA$184.3k|
Experienced Board: TCC's board of directors are considered experienced (4.8 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Trenchant Capital Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Trenchant Capital Corp.
- Ticker: TCC
- Exchange: TSXV
- Founded: 2009
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CA$1.050m
- Shares outstanding: 11.67m
- Website: https://www.trenchantcapital.net
- Trenchant Capital Corp.
- 1066 West Hastings Street
- Suite 1790
- British Columbia
- V6E 3X1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TCC||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2010|
Trenchant Capital Corp., an investment and venture capital company, focuses on providing special situation debt financing to various companies in Canada. The company was formerly known as Echelon Petroleum Corp. and changed its name to Trenchant Capital Corp. in May 2017. Trenchant Capital Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 02:06|
|End of Day Share Price||2019/12/27 00:00|
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.