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GRA

NanoXplore TSX:GRA Stock Report

Last Price

CA$3.00

Market Cap

CA$495.6m

7D

-7.1%

1Y

-14.3%

Updated

26 May, 2022

Data

Company Financials +
GRA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

GRA Stock Overview

NanoXplore Inc., a graphene company, manufactures and supplies graphene powder for use in industrial markets.

NanoXplore Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NanoXplore
Historical stock prices
Current Share PriceCA$3.00
52 Week HighCA$9.03
52 Week LowCA$2.35
Beta1.18
1 Month Change-5.66%
3 Month Change-33.04%
1 Year Change-14.29%
3 Year Change147.93%
5 Year Changen/a
Change since IPO203.03%

Recent News & Updates

May 22
NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?

NanoXplore (TSE:GRA) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

GRACA ChemicalsCA Market
7D-7.1%-3.4%1.7%
1Y-14.3%59.3%4.7%

Return vs Industry: GRA underperformed the Canadian Chemicals industry which returned 59.3% over the past year.

Return vs Market: GRA underperformed the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is GRA's price volatile compared to industry and market?
GRA volatility
GRA Average Weekly Movement11.8%
Chemicals Industry Average Movement12.3%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: GRA is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: GRA's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aSoroush Nazarpourhttps://www.nanoxplore.ca

NanoXplore Inc., a graphene company, manufactures and supplies graphene powder for use in industrial markets. It offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. The company also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

NanoXplore Fundamentals Summary

How do NanoXplore's earnings and revenue compare to its market cap?
GRA fundamental statistics
Market CapCA$495.59m
Earnings (TTM)-CA$17.27m
Revenue (TTM)CA$85.07m

5.8x

P/S Ratio

-28.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GRA income statement (TTM)
RevenueCA$85.07m
Cost of RevenueCA$77.14m
Gross ProfitCA$7.92m
Other ExpensesCA$25.19m
Earnings-CA$17.27m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.10
Gross Margin9.31%
Net Profit Margin-20.30%
Debt/Equity Ratio10.9%

How did GRA perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


4.1x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GRA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GRA's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: GRA is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Canadian Chemicals industry average.

PE vs Market: GRA is unprofitable, so we can't compare its Price-To-Earnings Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GRA is overvalued based on its Price-To-Book Ratio (4.1x) compared to the CA Chemicals industry average (2.6x).


Future Growth

How is NanoXplore forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.5%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GRA's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if GRA's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GRA's revenue (27.5% per year) is forecast to grow faster than the Canadian market (6.4% per year).

High Growth Revenue: GRA's revenue (27.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GRA's Return on Equity is forecast to be high in 3 years time


Past Performance

How has NanoXplore performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-28.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GRA is currently unprofitable.

Growing Profit Margin: GRA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GRA is unprofitable, and losses have increased over the past 5 years at a rate of 28.3% per year.

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

Earnings vs Industry: GRA is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (30.2%).


Return on Equity

High ROE: GRA has a negative Return on Equity (-14.28%), as it is currently unprofitable.


Financial Health

How is NanoXplore's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: GRA's short term assets (CA$92.3M) exceed its short term liabilities (CA$26.8M).

Long Term Liabilities: GRA's short term assets (CA$92.3M) exceed its long term liabilities (CA$21.8M).


Debt to Equity History and Analysis

Debt Level: GRA has more cash than its total debt.

Reducing Debt: GRA's debt to equity ratio has reduced from 134.9% to 10.9% 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: GRA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GRA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is NanoXplore current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GRA's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GRA has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Soroush Nazarpour (35 yo)

11.33yrs

Tenure

CA$693,962

Compensation

Dr. Soroush Nazarpour, B.Sc, M.Sc, Ph.D. founded Nanoxplore Inc. in 2011. Dr. Nazarpour has been the President and Chief Executive Officer of Nanoxplore Inc. since 2011. He is a published author of two boo...


CEO Compensation Analysis

Compensation vs Market: Soroush's total compensation ($USD542.85K) is below average for companies of similar size in the Canadian market ($USD1.10M).

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


Leadership Team

Experienced Management: GRA's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: GRA's board of directors are considered experienced (4.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: GRA 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 4.6%.


Top Shareholders

Company Information

NanoXplore Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: NanoXplore Inc.
  • Ticker: GRA
  • Exchange: TSX
  • Founded: 2011
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: CA$495.587m
  • Shares outstanding: 165.20m
  • Website: https://www.nanoxplore.ca

Number of Employees


Location

  • NanoXplore Inc.
  • 4500 Thimens Boulevard
  • Montreal
  • Quebec
  • H4R 2P2
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.