CNSX:GTBE

Stock Analysis Report

Green 2 Blue Energy

Executive Summary

Green 2 Blue Energy Corp. manufactures, markets, and distributes softwood pellets and shavings for consumers and industrial customers in Canada and Poland.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Green 2 Blue Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-33.3%

GTBE

0.6%

CA Oil and Gas

0.2%

CA Market


1 Year Return

-90.9%

GTBE

-12.0%

CA Oil and Gas

1.2%

CA Market

Return vs Industry: GTBE underperformed the Canadian Oil and Gas industry which returned -12% over the past year.

Return vs Market: GTBE underperformed the Canadian Market which returned 1.2% over the past year.


Shareholder returns

GTBEIndustryMarket
7 Day-33.3%0.6%0.2%
30 Day-60.0%-6.4%-2.5%
90 Day-71.4%-3.9%-1.5%
1 Year-90.9%-90.9%-8.1%-12.0%4.7%1.2%
3 Yearn/a-16.3%-24.9%14.0%3.8%
5 Yearn/a-21.8%-33.6%26.4%8.1%

Price Volatility Vs. Market

How volatile is Green 2 Blue Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Green 2 Blue Energy undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Green 2 Blue Energy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Green 2 Blue Energy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of GTBE’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.
  • When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Green 2 Blue Energy regulatory filings.
  • Explore potentially undervalued companies in the Energy industry.

Future Growth

How is Green 2 Blue Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.1%

Forecasted Energy 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 Green 2 Blue Energy 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 Green 2 Blue Energy performed over the past 5 years?

-63.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GTBE is unprofitable, and losses have increased over the past 5 years at a rate of -63.5% per year.

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

Earnings vs Industry: GTBE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (62.2%).


Return on Equity

High ROE: GTBE's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: GTBE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: GTBE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Green 2 Blue Energy's financial position?


Financial Position Analysis

Short Term Liabilities: GTBE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GTBE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GTBE has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GTBE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: GTBE has a high level of physical assets or inventory.

Debt Coverage by Assets: GTBE has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: GTBE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GTBE has less than a year of cash runway if free cash flow continues to reduce at historical rates of -110.7% each year


Next Steps

Dividend

What is Green 2 Blue Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage4.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate GTBE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if GTBE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GTBE'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 GTBE's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Green 2 Blue Energy's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Slawek Smulewicz 0

2.3yrs

Tenure

CA$153,750

Compensation

Mr. Slawomir Smulewicz, also known as Slawek, served as Chief Executive Officer of MicroCoal Technologies Inc. (formerly, Carbon Friendly Solutions Inc.) from June 23, 2011 to February 13, 2014. Mr. Smulew ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Slawek's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Slawek's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

0.8yrs

Average Tenure

Experienced Management: GTBE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Age and Tenure

1.6yrs

Average Tenure

Experienced Board: GTBE's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: GTBE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$40,00029 Jul 19
Michael Kott
EntityIndividual
Role
Member of the Board of Directors
VP of Corporate Development & Director
Shares800,000
Max PriceCA$0.05
BuyCA$3,75008 Nov 18
Michael Young
EntityIndividual
Shares50,000
Max PriceCA$0.075

Ownership Breakdown


Management Team

  • Slawek Smulewicz

    President

    • Tenure: 2.3yrs
    • Compensation: CA$153.75k
  • Keith Margetson

    Chief Financial Officer

    • Tenure: 0.8yrs
  • Michael Kott

    VP of Corporate Development & Director

    • Tenure: 0.8yrs

Board Members

  • Slawek Smulewicz

    President

    • Tenure: 2.3yrs
    • Compensation: CA$153.75k
  • Andrew Lee (48yo)

    Director

    • Tenure: 1.6yrs
  • Michael Kott

    VP of Corporate Development & Director

    • Tenure: 0.8yrs

Company Information

Green 2 Blue Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Green 2 Blue Energy Corp.
  • Ticker: GTBE
  • Exchange: CNSX
  • Founded: 2014
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: CA$1.006m
  • Shares outstanding: 100.58m
  • Website: https://www.G2BEnergy.com

Location

  • Green 2 Blue Energy Corp.
  • 800 West Pender Street
  • Suite 1518
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTBECNSX (Canadian National Stock Exchange)YesNew Common SharesCACADDec 2017
1NZDB (Deutsche Boerse AG)YesNew Common SharesDEEURDec 2017
GTGE.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDDec 2017

Biography

Green 2 Blue Energy Corp. manufactures, markets, and distributes softwood pellets and shavings for consumers and industrial customers in Canada and Poland. It offers wood pellets produced from residual saw ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:41
End of Day Share Price2019/10/17 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


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.