CNSX:MMI

Stock Analysis Report

Metalo Manufacturing

Executive Summary

Metalo Manufacturing Inc., through its subsidiary, engages in the exploration and development of mineral deposits.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Risks

  • Metalo Manufacturing is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

CNSX:MMI

3.4%

CA Metals and Mining

-0.9%

CA Market


1 Year Return

-39.4%

CNSX:MMI

21.7%

CA Metals and Mining

-6.1%

CA Market

MMI underperformed the Metals and Mining industry which returned 20.3% over the past year.

MMI underperformed the Market in Canada which returned -5% over the past year.


Share holder returns

MMIIndustryMarket
7 Day0%3.4%-0.9%
30 Day17.6%3.0%-3.4%
90 Day-27.3%27.9%-3.1%
1 Year-39.4%-39.4%22.7%21.7%-2.8%-6.1%
3 Year-76.5%-76.5%-6.6%-8.3%13.2%3.1%
5 Yearn/a-7.0%-10.3%10.8%-4.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Metalo Manufacturing undervalued based on future cash flows and its price relative to the stock market?

0.2x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Metalo Manufacturing to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Metalo Manufacturing to establish if it is available at substantial discount.


Price Based on Earnings

Metalo Manufacturing is loss making, we can't compare its value to the CA Metals and Mining industry average.

Metalo Manufacturing is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Metalo Manufacturing, we can't assess if its growth is good value.


Price Based on Value of Assets

Metalo Manufacturing is good value based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

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

35.0%

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 Metalo 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 Metalo Manufacturing performed over the past 5 years?

-17.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Metalo Manufacturing does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Metalo Manufacturing's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Metalo Manufacturing's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Metalo Manufacturing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Metalo Manufacturing has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Metalo Manufacturing improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Metalo Manufacturing's financial position?


Financial Position Analysis

Metalo Manufacturing's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Metalo Manufacturing's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Metalo Manufacturing's level of debt (17.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (3.1% vs 17.8% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Metalo Manufacturing's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0x debt.


Next Steps

Dividend

What is Metalo Manufacturing's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Metalo Manufacturing's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Metalo Manufacturing's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Metalo Manufacturing has not reported any payouts.

Unable to verify if Metalo Manufacturing's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Metalo Manufacturing has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Metalo Manufacturing's salary, the management and board of directors tenure and is there insider trading?

7.5yrs

Average board tenure


CEO

Francis MacKenzie 0

0.0yrs

Tenure

CA$105,000

Compensation

Mr. Francis MacKenzie, MBA has been the President of Grand River Ironsands Incorporated since 2007. Mr. MacKenzie serves as the President of Metalo Manufacturing Inc. (alternate name : Muskrat Minerals Inc ...


CEO Compensation Analysis

Francis's remuneration is about average for companies of similar size in Canada.

Francis's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

7.5yrs

Average Tenure

The tenure for the Metalo Manufacturing board of directors is about average.


Insider Trading

More shares have been bought than sold by Metalo Manufacturing individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$40022 Jun 19
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares1,000
Max PriceCA$0.40
BuyCA$1,00004 Mar 19
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares7,000
Max PriceCA$0.25
BuyCA$46001 Feb 19
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares1,500
Max PriceCA$0.32
BuyCA$16023 Jan 19
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares500
Max PriceCA$0.32
BuyCA$65002 Jan 19
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares2,000
Max PriceCA$0.35
BuyCA$60006 Dec 18
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares2,000
Max PriceCA$0.30
BuyCA$20103 Dec 18
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares1,000
Max PriceCA$0.20
BuyCA$54926 Nov 18
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares2,000
Max PriceCA$0.30
BuyCA$90020 Nov 18
Francis MacKenzie
EntityIndividual
Role
Chief Executive Officer
President & Director
Shares2,000
Max PriceCA$0.45

Ownership Breakdown


Management Team

  • Francis MacKenzie

    President & Director

    • Tenure: 0.0yrs
    • Compensation: CA$105.00k
  • Bert Loveless

    Interim CFO

    • Tenure: 7.5yrs
    • Compensation: CA$30.00k
  • Lina Tannous

    Corporate Affairs Director & Corporate Secretary

    • Tenure: 0.0yrs
  • Liz MacKenzie

    Communications Director

    • Tenure: 0.0yrs

Board Members

  • David Hennigar (79yo)

    Chairman of the Board

    • Tenure: 7.5yrs
    • Compensation: CA$55.75k
  • Kenneth Sparks

    Independent Director

    • Tenure: 7.5yrs
    • Compensation: CA$56.80k
  • Chris Stait-Gardner

    Independent Director

    • Tenure: 18.8yrs
    • Compensation: CA$56.80k
  • Francis MacKenzie

    President & Director

    • Tenure: 0.0yrs
    • Compensation: CA$105.00k
  • John Allingham

    Independent Director

    • Tenure: 18.8yrs
    • Compensation: CA$57.15k
  • Bert Loveless

    Interim CFO

    • Tenure: 7.5yrs
    • Compensation: CA$30.00k
  • Jean-Marc MacKenzie

    Independent Director

    • Tenure: 7.5yrs
    • Compensation: CA$55.40k
  • Paul Snelgrove

    Independent Director

    • Tenure: 7.5yrs
    • Compensation: CA$55.75k

Company Information

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


Key Information

  • Name: Metalo Manufacturing Inc.
  • Ticker: MMI
  • Exchange: CNSX
  • Founded: 2000
  • Industry: Steel
  • Sector: Materials
  • Market Cap: CA$3.628m
  • Shares outstanding: 18.14m
  • Website: https://www.metalo.ca

Location

  • Metalo Manufacturing Inc.
  • 141 Adelaide Street West
  • Suite 1600
  • Toronto
  • Ontario
  • M5H 3L5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MMICNSX (Canadian National Stock Exchange)YesCommon StockCACADMar 2012

Biography

Metalo Manufacturing Inc., through its subsidiary, engages in the exploration and development of mineral deposits. The company produces and sells pig iron for steel mills and foundries in North America. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 00:23
End of Day Share Price2019/08/22 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.