TSXV:VON.P

Stock Analysis Report

Executive Summary

VON Capital Corp. does not have significant operations.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

VON.P

0.3%

CA Capital Markets

0.6%

CA Market


1 Year Return

n/a

VON.P

17.6%

CA Capital Markets

5.3%

CA Market

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

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


Shareholder returns

VON.PIndustryMarket
7 Day0%0.3%0.6%
30 Day0%0.6%1.0%
90 Day0%4.3%4.5%
1 Yearn/a22.9%17.6%8.6%5.3%
3 Yearn/a28.0%12.1%18.0%7.4%
5 Yearn/a49.4%17.7%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VON.P is overvalued based on its PB Ratio (1.3x) compared to the CA Capital Markets industry average (1x).


Next Steps

Future Growth

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

8.5%

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 VON 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 VON Capital performed over the past 5 years?

64.3%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VON.P is currently unprofitable.

Growing Profit Margin: VON.P is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VON.P's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: VON.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: VON.P has a negative Return on Equity (-14.09%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is VON 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: VON.P has a low level of unsold assets or inventory.

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

Forecast Cash Runway: VON.P has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 83.2% each year


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage4.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if VON.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 VON.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?

2.7yrs

Average board tenure


CEO

David Patterson (65yo)

2.7yrs

Tenure

0

Mr. David M. Patterson has been Chief Executive Officer, Chief Financial Officer and Director at Two Owls Ventures Corp. since August 16, 2017. He served as Chief Executive Officer, Chief Financial Officer ...


Board Members

NamePositionTenureCompensationOwnership
David Patterson
CEO, CFO2.7yrsno data16.67% CA$50.0k
Colin Watt
Director2.7yrsno data16.67% CA$50.0k
Emily Davis
Director2.2yrsno data33.33% CA$100.0k

2.7yrs

Average Tenure

48yo

Average Age

Experienced Board: VON.P's board of directors are not considered experienced ( 2.7 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: Shareholders have been diluted in the past year, with total shares outstanding growing by 49.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: VON Capital Corp.
  • Ticker: VON.P
  • Exchange: TSXV
  • Founded: 2017
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CA$300.000k
  • Shares outstanding: 3.00m
  • Website: https://null

Location

  • VON Capital Corp.
  • 1111 Melville Street
  • Suite 1100
  • Vancouver
  • British Columbia
  • V6E 3V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VON.PTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2017

Biography

VON Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was formerly known as 1108775 BC Ltd. and changed its name to VON Capital Corp. in March 2017. Von Capital Corp. was incorporated in 2017 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 Analysis2019/10/22 00:38
End of Day Share Price2019/07/24 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.