CNSX:HARY

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Harrys Manufacturing

Executive Summary

Harrys Manufacturing Inc., together with its subsidiaries, manufactures, sells, and distributes tobacco products. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Harrys Manufacturing's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HARY is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: HARY's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

7.4%

HARY

-6.6%

CA Metals and Mining

1.1%

CA Market


1 Year Return

-29.3%

HARY

39.0%

CA Metals and Mining

-1.5%

CA Market

Return vs Industry: HARY underperformed the Canadian Metals and Mining industry which returned 41% over the past year.

Return vs Market: HARY underperformed the Canadian Market which returned -1.8% over the past year.


Shareholder returns

HARYIndustryMarket
7 Day7.4%-6.6%1.1%
30 Day7.4%-8.3%5.9%
90 Day-19.4%-9.4%4.7%
1 Year-29.3%-29.3%40.1%39.0%2.1%-1.5%
3 Year-60.8%-60.8%37.7%34.8%11.0%0.2%
5 Year2,800.0%2,800.0%141.1%133.8%45.4%23.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Harrys Manufacturing undervalued compared to its fair value and its price relative to the market?

11.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: HARY is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

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


Price to Book Ratio

PB vs Industry: HARY is overvalued based on its PB Ratio (13.2x) compared to the CA Metals and Mining industry average (2.7x).


Next Steps

Future Growth

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

26.1%

Forecasted Materials 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 Harrys Manufacturing 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 Harrys Manufacturing performed over the past 5 years?

-80.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HARY is currently unprofitable.

Growing Profit Margin: HARY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HARY is unprofitable, and losses have increased over the past 5 years at a rate of 80.4% per year.

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

Earnings vs Industry: HARY is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (71.8%).


Return on Equity

High ROE: HARY has a negative Return on Equity (-1424.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is Harrys Manufacturing's financial position?


Financial Position Analysis

Short Term Liabilities: HARY's short term assets (CA$381.8K) exceed its short term liabilities (CA$210.1K).

Long Term Liabilities: HARY's short term assets (CA$381.8K) exceed its long term liabilities (CA$266.3K).


Debt to Equity History and Analysis

Debt Level: HARY is debt free.

Reducing Debt: HARY currently has no debt however we can't compare to 5 years ago as we have no data for that period.


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: HARY has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: HARY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.9% each year


Next Steps

Dividend

What is Harrys Manufacturing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HARY'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 HARY'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?

2.1yrs

Average management tenure


CEO

Kevin Francis Kohanik

2.08yrs

Tenure

Mr. Kevin Edward Francis Kohanik is Chief Executive Officer, President and Director of Harrys Manufacturing Inc. (formerly, Westridge Resources Inc.) since October 5, 2018. He is President of Harrys Intern...


CEO Compensation Analysis

Compensation vs Market: Kevin's total compensation ($USD106.68K) is below average for companies of similar size in the Canadian market ($USD165.33K).

Compensation vs Earnings: Insufficient data to compare Kevin's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Francis Kohanik
CEO, President & Director2.08yrsno data5.13%
CA$ 666.7k
Michael Young
CFO, Corporate Secretary & Director3.83yrsCA$221.91k1.14%
CA$ 147.7k
Harinder Dhesi
VP of Corporate Development & Director2.08yrsno data6.37%
CA$ 826.7k
John Dreier
Chief Geologistno datano datano data

2.1yrs

Average Tenure

Experienced Management: HARY's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kevin Francis Kohanik
CEO, President & Director2.08yrsno data5.13%
CA$ 666.7k
Michael Young
CFO, Corporate Secretary & Director3.83yrsCA$221.91k1.14%
CA$ 147.7k
Harinder Dhesi
VP of Corporate Development & Director2.08yrsno data6.37%
CA$ 826.7k
Tse Henry Chow
Independent Director3.17yrsCA$6.00kno data
Daniel Polus
Independent Director1.75yrsCA$6.00kno data

2.1yrs

Average Tenure

Experienced Board: HARY's board of directors are not considered experienced ( 2.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.1%.


Top Shareholders

Company Information

Harrys Manufacturing Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Harrys Manufacturing Inc.
  • Ticker: HARY
  • Exchange: CNSX
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$12.985m
  • Shares outstanding: 81.16m
  • Website: https://harrysmfg.com

Location

  • Harrys Manufacturing Inc.
  • 800 West Pender Street
  • Suite 1518
  • Vancouver
  • British Columbia
  • V6C 2V6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HARYCNSX (Canadian National Stock Exchange)YesCommon SharesCACADMay 2010
WSRR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2010
2WRDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2010

Biography

Harrys Manufacturing Inc., together with its subsidiaries, manufactures, sells, and distributes tobacco products. It offers tobacco cigarettes. The company has a strategic production agreement with Sopatyk...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/23 23:48
End of Day Share Price2020/11/23 00:00
Earnings2020/04/30
Annual Earnings2019/07/31


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.