Big Rock Brewery
Market Cap
CA$36.3m
Last Updated
2021/03/07 23:39 UTC
Data Sources
Company Financials
Executive Summary
Big Rock Brewery Inc. produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Big Rock Brewery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BR is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BR's weekly volatility has decreased from 11% to 5% over the past year.
Market Performance
7 Day Return
-3.7%
BR
2.8%
CA Beverage
1.9%
CA Market
1 Year Return
23.2%
BR
1.8%
CA Beverage
16.2%
CA Market
Return vs Industry: BR exceeded the Canadian Beverage industry which returned 1.8% over the past year.
Return vs Market: BR exceeded the Canadian Market which returned 15.9% over the past year.
Shareholder returns
| BR | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 2.8% | 1.9% |
| 30 Day | 9.5% | -10.1% | 1.7% |
| 90 Day | -5.5% | 1.2% | 6.9% |
| 1 Year | 23.2%23.2% | 3.6%1.8% | 20.5%16.2% |
| 3 Year | 0.2%0.2% | -13.2%-18.6% | 24.6%12.8% |
| 5 Year | 2.4%2.4% | 4.5%-5.5% | 56.7%33.1% |
Long-Term Price Volatility Vs. Market
How volatile is Big Rock Brewery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Can Big Rock Brewery (TSE:BR) Continue To Grow Its Returns On Capital?1 month ago | Simply Wall St
Big Rock Brewery Inc. (TSE:BR) Insiders Increased Their Holdings2 months ago | Simply Wall St
Why Big Rock Brewery's (TSE:BR) CEO Pay MattersValuation
Is Big Rock Brewery 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: BR (CA$5.2) is trading below our estimate of fair value (CA$53.81)
Significantly Below Fair Value: BR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BR is unprofitable, so we can't compare its PE Ratio to the XN Beverage industry average.
PE vs Market: BR 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 BR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BR is good value based on its PB Ratio (1x) compared to the CA Beverage industry average (2.2x).
Next Steps
Future Growth
How is Big Rock Brewery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.8%
Forecasted Food, Beverage & Tobacco 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 Big Rock Brewery 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
- Examine whether Big Rock Brewery is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Big Rock Brewery competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Big Rock Brewery performed over the past 5 years?
-16.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BR is currently unprofitable.
Growing Profit Margin: BR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BR is unprofitable, and losses have increased over the past 5 years at a rate of 16.9% per year.
Accelerating Growth: Unable to compare BR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BR is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (11.4%).
Return on Equity
High ROE: BR has a negative Return on Equity (-1.63%), as it is currently unprofitable.
Next Steps
Financial Health
How is Big Rock Brewery's financial position?
Financial Position Analysis
Short Term Liabilities: BR's short term assets (CA$10.7M) exceed its short term liabilities (CA$8.1M).
Long Term Liabilities: BR's short term assets (CA$10.7M) do not cover its long term liabilities (CA$11.8M).
Debt to Equity History and Analysis
Debt Level: BR's debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: BR's debt to equity ratio has reduced from 9.8% to 8.3% over the past 5 years.
Balance Sheet
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: Whilst unprofitable BR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.6% per year.
Next Steps
Dividend
What is Big Rock Brewery current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BR is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BR'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 management tenure
CEO
Wayne Arsenault
3.5yrs
Tenure
CA$666,141
Compensation
Mr. Wayne Arsenault has been Chief Executive Officer and President of Big Rock Brewery Inc. since September 7, 2017. Mr. Arsenault has 20 years' experience in the beer and branded beverage industry. Mr. Ar...
CEO Compensation Analysis
Compensation vs Market: Wayne's total compensation ($USD524.89K) is above average for companies of similar size in the Canadian market ($USD151.87K).
Compensation vs Earnings: Wayne's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 3.5yrs | CA$666.14k | 0.52% CA$ 188.3k | |
| Chief Financial Officer | 2.58yrs | CA$343.65k | 0.19% CA$ 69.3k | |
| Vice President of Operations & Brewmaster | no data | CA$266.02k | 0.022% CA$ 7.9k | |
| Vice President of Sales | 2.67yrs | CA$287.69k | 0.075% CA$ 27.4k | |
| Director of Business Development | no data | CA$194.61k | no data |
2.7yrs
Average Tenure
Experienced Management: BR's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Vice Chairman | no data | CA$21.44k | 3.47% CA$ 1.3m | |
| Director Emeritus | 1.5yrs | CA$6.50k | no data | |
| Independent Director | 14.92yrs | CA$20.94k | 0.067% CA$ 24.4k | |
| Independent Chairman of the Board | 3.33yrs | CA$22.94k | 0.35% CA$ 127.4k | |
| Independent Director | 5.83yrs | CA$22.44k | no data | |
| Independent Director | 2.83yrs | CA$21.94k | no data | |
| Independent Director | 2.83yrs | CA$20.44k | no data |
3.1yrs
Average Tenure
53yo
Average Age
Experienced Board: BR's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Big Rock Brewery Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Big Rock Brewery Inc.
- Ticker: BR
- Exchange: TSX
- Founded: 1985
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: CA$36.304m
- Shares outstanding: 6.98m
- Website: https://bigrockbeer.com
Number of Employees
Location
- Big Rock Brewery Inc.
- 5555 – 76th Avenue SE
- Calgary
- Alberta
- T2C 4L8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BR | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jul 1992 |
| BRBM.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jul 1992 |
Biography
Big Rock Brewery Inc. produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company operates through two segments, Wholesale and Retail. It offers a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 23:39 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/30 |
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.