Macro Enterprises Inc.

TSXV:MCR Stock Report

Market Cap: CA$127.2m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Macro Enterprises Management

Management criteria checks 2/4

Key information

Frank Miles

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure16.5yrs
CEO ownership29.1%
Management average tenure15.5yrs
Board average tenure16.5yrs

Recent management updates

Analysis Article • Nov 20

A Look At Macro Enterprises' (CVE:MCR) CEO Remuneration

Frank Miles became the CEO of Macro Enterprises Inc. (CVE:MCR) in 2008, and we think it's a good time to look at the...
Analysis Article • Jul 01

How Does Macro Enterprises' (CVE:MCR) CEO Pay Compare With Company Performance?

This article will reflect on the compensation paid to Frank Miles who has served as CEO of Macro Enterprises Inc...

Recent updates

Analysis Article • Jun 01

Are Investors Undervaluing Macro Enterprises Inc. (CVE:MCR) By 22%?

In this article we are going to estimate the intrinsic value of Macro Enterprises Inc. ( CVE:MCR ) by projecting its...
Analysis Article • May 04

Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 01

The Returns At Macro Enterprises (CVE:MCR) Provide Us With Signs Of What's To Come

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Analysis Article • Feb 03

We're Not Counting On Macro Enterprises (CVE:MCR) To Sustain Its Statutory Profitability

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Analysis Article • Jan 13

Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Dec 23

Macro Enterprises (CVE:MCR) Share Prices Have Dropped 32% In The Last Year

While it may not be enough for some shareholders, we think it is good to see the Macro Enterprises Inc. ( CVE:MCR...
Analysis Article • Dec 05

News Flash: Analysts Just Made A Captivating Upgrade To Their Macro Enterprises Inc. (CVE:MCR) Forecasts

Shareholders in Macro Enterprises Inc. ( CVE:MCR ) may be thrilled to learn that the analysts have just delivered a...
Analysis Article • Nov 20

A Look At Macro Enterprises' (CVE:MCR) CEO Remuneration

Frank Miles became the CEO of Macro Enterprises Inc. (CVE:MCR) in 2008, and we think it's a good time to look at the...
Analysis Article • Jul 31

Are Macro Enterprises's (CVE:MCR) Statutory Earnings A Good Guide To Its Underlying Profitability?

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Analysis Article • Jul 16

Will The ROCE Trend At Macro Enterprises (CVE:MCR) Continue?

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jul 01

How Does Macro Enterprises' (CVE:MCR) CEO Pay Compare With Company Performance?

This article will reflect on the compensation paid to Frank Miles who has served as CEO of Macro Enterprises Inc...

CEO Compensation Analysis

How has Frank Miles's remuneration changed compared to Macro Enterprises's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$2m

Mar 31 2021n/an/a

-CA$11m

Dec 31 2020CA$2mCA$337k

-CA$12m

Sep 30 2020n/an/a

CA$10m

Jun 30 2020n/an/a

CA$10m

Mar 31 2020n/an/a

CA$20m

Dec 31 2019CA$787kCA$337k

CA$25m

Sep 30 2019n/an/a

CA$37m

Jun 30 2019n/an/a

CA$31m

Mar 31 2019n/an/a

CA$18m

Dec 31 2018CA$859kCA$337k

CA$9m

Sep 30 2018n/an/a

-CA$7m

Jun 30 2018n/an/a

-CA$8m

Mar 31 2018n/an/a

-CA$3m

Dec 31 2017CA$787kCA$337k

-CA$3m

Sep 30 2017n/an/a

-CA$3m

Jun 30 2017n/an/a

-CA$5m

Mar 31 2017n/an/a

-CA$9m

Dec 31 2016CA$337kCA$337k

-CA$9m

Sep 30 2016n/an/a

-CA$10m

Jun 30 2016n/an/a

-CA$6m

Mar 31 2016n/an/a

CA$2m

Dec 31 2015CA$1mCA$349k

CA$6m

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

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

CEO

Frank Miles

16.5yrs
Tenure
CA$1,618,285
Compensation

Mr. Frank Dorsey Miles has been Chief Executive Officer of Macro Enterprises Inc. (also known as Macro Industries Inc.) since September 30, 2008 and also served as its President. Mr. Miles serves as Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Frank Miles
CEO, COO & Director16.5yrsCA$1.62m29.09%
CA$ 37.0m
Jeffrey Redmond
CFO & Corporate Secretary8yrsCA$611.08k0.36%
CA$ 460.0k
Lynne Henderson
Financial Controllerno datano datano data
Les Johannesen
Consultant15.5yrsno datano data
15.5yrs
Average Tenure

Experienced Management: MCR's management team is seasoned and experienced (15.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Frank Miles
CEO, COO & Director16.5yrsCA$1.62m29.09%
CA$ 37.0m
William McFetridge
Non-Independent Director16.5yrsCA$19.50k0.77%
CA$ 978.8k
Michael Nielsen
Non-Independent Director16.5yrsCA$700.26k0.92%
CA$ 1.2m
Robert Fedderly
Non-Independent Director3.2yrsCA$19.50k0.041%
CA$ 52.0k
16.5yrs
Average Tenure

Experienced Board: MCR's board of directors are seasoned and experienced ( 16.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/07/20 07:54
End of Day Share Price 2022/04/22 00:00
Earnings2021/09/30
Annual Earnings2020/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Macro Enterprises Inc. is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian PowAcumen Capital Finance Partners Limited
Brent WatsonATB Cormark Historical (Cormark Securities)
Jason TuckerParadigm Capital, Inc.