TSX:TVK

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TerraVest Industries

Executive Summary

TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. More Details


Snowflake Analysis

Good value with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TVK is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TVK's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

5.3%

TVK

9.8%

CA Energy Services

2.7%

CA Market


1 Year Return

27.7%

TVK

-39.7%

CA Energy Services

0.5%

CA Market

Return vs Industry: TVK exceeded the Canadian Energy Services industry which returned -39.7% over the past year.

Return vs Market: TVK exceeded the Canadian Market which returned 0.5% over the past year.


Shareholder returns

TVKIndustryMarket
7 Day5.3%9.8%2.7%
30 Day10.4%36.0%12.7%
90 Day8.7%21.3%7.5%
1 Year31.5%27.7%-37.3%-39.7%4.2%0.5%
3 Year82.3%64.6%-64.4%-67.6%12.8%1.9%
5 Year218.4%159.4%-55.8%-62.4%49.7%26.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TVK (CA$15.95) is trading below our estimate of fair value (CA$88.21)

Significantly Below Fair Value: TVK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TVK is good value based on its PE Ratio (13.2x) compared to the CA Energy Services industry average (16.5x).

PE vs Market: TVK is good value based on its PE Ratio (13.2x) compared to the Canadian market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TVK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TVK is overvalued based on its PB Ratio (2.5x) compared to the CA Energy Services industry average (0.5x).


Next Steps

Future Growth

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

15.9%

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 TerraVest Industries 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 TerraVest Industries performed over the past 5 years?

19.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TVK has high quality earnings.

Growing Profit Margin: TVK's current net profit margins (6.9%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: TVK's earnings have grown by 19% per year over the past 5 years.

Accelerating Growth: TVK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TVK had negative earnings growth (-10%) over the past year, making it difficult to compare to the Energy Services industry average (-56.7%).


Return on Equity

High ROE: TVK's Return on Equity (18.6%) is considered low.


Next Steps

Financial Health

How is TerraVest Industries's financial position?


Financial Position Analysis

Short Term Liabilities: TVK's short term assets (CA$152.6M) exceed its short term liabilities (CA$56.9M).

Long Term Liabilities: TVK's short term assets (CA$152.6M) exceed its long term liabilities (CA$137.7M).


Debt to Equity History and Analysis

Debt Level: TVK's debt to equity ratio (90.2%) is considered high.

Reducing Debt: TVK's debt to equity ratio has increased from 71.2% to 90.2% over the past 5 years.

Debt Coverage: TVK's debt is well covered by operating cash flow (57%).

Interest Coverage: TVK's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Next Steps

Dividend

What is TerraVest Industries's current dividend yield, its reliability and sustainability?

2.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TVK's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Canadian market (1.62%).

High Dividend: TVK's dividend (2.51%) is low compared to the top 25% of dividend payers in the Canadian market (5.26%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, TVK has been paying a dividend for less than 10 years.

Growing Dividend: TVK's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33%), TVK's dividend payments are well covered by earnings.


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?

4.2yrs

Average management tenure


CEO

Dustin Haw

3.67yrs

Tenure

CA$291,462

Compensation

Dr. Dustin Haw, Ph.D., has been Chief Executive Officer and President TerraVest Industries Inc. since February 22, 2017. Dr. Haw served as the Vice President of Investments at Clarke Inc. from September 18...


CEO Compensation Analysis

Compensation vs Market: Dustin's total compensation ($USD224.53K) is below average for companies of similar size in the Canadian market ($USD586.46K).

Compensation vs Earnings: Dustin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Charles Pellerin
Executive Chairman6.42yrsCA$150.00k18.63%
CA$ 55.5m
Dustin Haw
CEO, President & Director3.67yrsCA$291.46k0.49%
CA$ 1.5m
Marilyn Boucher
Chief Financial Officer1.25yrsCA$176.63k0.0084%
CA$ 25.2k
Mitchell Gilbert
Chief Investment Officer7.17yrsCA$263.91k0.073%
CA$ 219.0k
Michael Gering
President of Diamond Energy Services Limited Partnershipno dataCA$241.30k0.24%
CA$ 724.7k
Pierre Fournier
President & Chief Operating Officer of Gestion Jerico Incno dataCA$386.08kno data
Peter Eng
Secretary and Vice President of Finance - TerraVest Industriesno datano datano data
Mitchell Debelser
President of Oil & Gas Fabrication Division4.67yrsno datano data

4.2yrs

Average Tenure

Experienced Management: TVK's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Pellerin
Executive Chairman6.42yrsCA$150.00k18.63%
CA$ 55.5m
Dustin Haw
CEO, President & Director3.67yrsCA$291.46k0.49%
CA$ 1.5m
Rocco Rossi
Independent Director8.42yrsCA$23.00k0.11%
CA$ 319.0k
George Armoyan
Director1.67yrsCA$16.33kno data
Dale Laniuk
Independent Director16.5yrsCA$24.00k6.65%
CA$ 19.8m
Michael MacBean
Independent Director3.5yrsCA$24.00k0.16%
CA$ 478.6k
Blair Cook
Independent Director8.42yrsCA$29.00k0.079%
CA$ 236.0k

6.4yrs

Average Tenure

57yo

Average Age

Experienced Board: TVK's board of directors are considered experienced (6.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: TerraVest Industries Inc.
  • Ticker: TVK
  • Exchange: TSX
  • Founded: 2004
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: CA$297.966m
  • Shares outstanding: 18.68m
  • Website: https://www.terravestindustries.com

Number of Employees


Location

  • TerraVest Industries Inc.
  • 4901 Bruce Road
  • Vegreville
  • Alberta
  • T9C 1C3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TVKTSX (The Toronto Stock Exchange)YesNew Common SharesCACADDec 2012
TRRV.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDDec 2012
4TVBST (Boerse-Stuttgart)YesNew Common SharesDEEURDec 2012

Biography

TerraVest Industries Inc., together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 23:26
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.