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NANO

Nano One Materials TSX:NANO Stock Report

Last Price

CA$2.55

Market Cap

CA$255.5m

7D

-6.3%

1Y

-42.4%

Updated

29 Jun, 2022

Data

Company Financials +
NANO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NANO Stock Overview

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics applications.

Nano One Materials Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nano One Materials
Historical stock prices
Current Share PriceCA$2.55
52 Week HighCA$4.85
52 Week LowCA$1.30
Beta1.68
1 Month Change6.25%
3 Month Change-1.54%
1 Year Change-42.44%
3 Year Change88.89%
5 Year Change222.79%
Change since IPO722.58%

Recent News & Updates

Shareholder Returns

NANOCA ChemicalsCA Market
7D-6.3%-4.4%0.3%
1Y-42.4%32.9%-3.7%

Return vs Industry: NANO underperformed the Canadian Chemicals industry which returned 38.7% over the past year.

Return vs Market: NANO underperformed the Canadian Market which returned -2.9% over the past year.

Price Volatility

Is NANO's price volatile compared to industry and market?
NANO volatility
NANO Average Weekly Movement19.9%
Chemicals Industry Average Movement13.0%
Market Average Movement10.0%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market4.4%

Stable Share Price: NANO is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 20% a week.

Volatility Over Time: NANO's weekly volatility has increased from 13% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
198767Dan Blondalhttps://nanoone.ca

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics applications. It serves the original equipment and cathode manufacturers. The company was incorporated in 1987 and is headquartered in Burnaby, Canada.

Nano One Materials Fundamentals Summary

How do Nano One Materials's earnings and revenue compare to its market cap?
NANO fundamental statistics
Market CapCA$255.49m
Earnings (TTM)-CA$11.09m
Revenue (TTM)n/a

0.0x

P/S Ratio

-23.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NANO income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$11.09m
Earnings-CA$11.09m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NANO perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is NANO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NANO?

Other financial metrics that can be useful for relative valuation.

NANO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-21.2x
PEG Ration/a

Price to Book Ratio vs Peers

How does NANO's PB Ratio compare to its peers?

NANO PB Ratio vs Peers
The above table shows the PB ratio for NANO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2x
ECO EcoSynthetix
4.6xn/aCA$275.9m
NEO Neo Performance Materials
0.9x-6.4%CA$522.8m
VNP 5N Plus
0.7x154.4%CA$124.5m
BU Burcon NutraScience
1.8x51.7%CA$51.1m
NANO Nano One Materials
5.1x-10.3%CA$255.5m

Price-To-Book vs Peers: NANO is expensive based on its Price-To-Book Ratio (5.1x) compared to the peer average (2x).


Price to Earnings Ratio vs Industry

How does NANO's PE Ratio compare vs other companies in the CA Chemicals Industry?

Price-To-Book vs Industry: NANO is expensive based on its Price-To-Book Ratio (5.1x) compared to the Canadian Chemicals industry average (2.1x)


Price to Book Ratio vs Fair Ratio

What is NANO's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NANO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5.1x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate NANO's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NANO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Nano One Materials forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-10.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NANO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NANO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NANO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NANO is forecast to have no revenue next year.

High Growth Revenue: NANO is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


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Past Performance

How has Nano One Materials 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


-31.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NANO is currently unprofitable.

Growing Profit Margin: NANO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NANO is unprofitable, and losses have increased over the past 5 years at a rate of 31.5% per year.

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

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


Return on Equity

High ROE: NANO has a negative Return on Equity (-22.18%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Nano One Materials's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: NANO's short term assets (CA$49.5M) exceed its short term liabilities (CA$817.4K).

Long Term Liabilities: NANO's short term assets (CA$49.5M) exceed its long term liabilities (CA$620.6K).


Debt to Equity History and Analysis

Debt Level: NANO is debt free.

Reducing Debt: NANO has not had any debt for 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: NANO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: NANO has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 21.7% each year.


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Dividend

What is Nano One Materials's 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 NANO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

Growing Dividend: Insufficient data to determine if NANO'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 NANO has not reported any payouts.


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Management

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

1.3yrs

Average management tenure


CEO

Dan Blondal (55 yo)

7.25yrs

Tenure

CA$779,865

Compensation

Mr. Dan Blondal is the Founder of Nano One Materials Corp. and has been its Chief Executive Officer since March 5, 2015. Mr. Blondal served as Corporate Secretary at Nano One Materials Corp. since March 5,...


CEO Compensation Analysis

Compensation vs Market: Dan's total compensation ($USD604.83K) is about average for companies of similar size in the Canadian market ($USD729.45K).

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


Leadership Team

Experienced Management: NANO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: NANO's board of directors are considered experienced (7.3 years average tenure).


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 5.1%.


Top Shareholders

Company Information

Nano One Materials Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Nano One Materials Corp.
  • Ticker: NANO
  • Exchange: TSX
  • Founded: 1987
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: CA$255.492m
  • Shares outstanding: 100.19m
  • Website: https://nanoone.ca

Number of Employees


Location

  • Nano One Materials Corp.
  • 8575 Government Street
  • Unit 101B
  • Burnaby
  • British Columbia
  • V3N 4V1
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.