Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China.
Fair value with imperfect balance sheet.
Share Price & News
How has Sherritt International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: S underperformed the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: S underperformed the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Sherritt International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould You Worry About Sherritt International Corporation's (TSE:S) CEO Salary Level?
2 months ago | Simply Wall StIs Sherritt International (TSE:S) A Risky Investment?
3 months ago | Simply Wall StThe Sherritt International (TSE:S) Share Price Is Down 89% So Some Shareholders Are Rather Upset
Is Sherritt International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: S (CA$0.17) is trading below our estimate of fair value (CA$0.28)
Significantly Below Fair Value: S is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: S is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: S 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 S's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S is good value based on its PB Ratio (0.1x) compared to the CA Metals and Mining industry average (1.5x).
How is Sherritt International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: S is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: S is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: S is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: S's revenue is expected to decline over the next 3 years (-11.5% per year).
High Growth Revenue: S's revenue is forecast to decline over the next 3 years (-11.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if S's Return on Equity is forecast to be high in 3 years time
How has Sherritt International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S is currently unprofitable.
Growing Profit Margin: S is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: S is unprofitable, but has reduced losses over the past 5 years at a rate of 36.5% per year.
Accelerating Growth: Unable to compare S's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: S is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).
Return on Equity
High ROE: S has a negative Return on Equity (-50.51%), as it is currently unprofitable.
How is Sherritt International's financial position?
Financial Position Analysis
Short Term Liabilities: S's short term assets (CA$377.7M) exceed its short term liabilities (CA$330.7M).
Long Term Liabilities: S's short term assets (CA$377.7M) do not cover its long term liabilities (CA$685.3M).
Debt to Equity History and Analysis
Debt Level: S's debt to equity ratio (98.8%) is considered high.
Reducing Debt: S's debt to equity ratio has increased from 60.8% to 98.8% over the past 5 years.
Inventory Level: S has a low level of unsold assets or inventory.
Debt Coverage by Assets: S's debt is not covered by short term assets (assets are 0.5x debt).
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: S has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if S has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Sherritt International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate S's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate S's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if S's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if S's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: S is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of S's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Pathe (48yo)
Mr. David V. Pathe has been the Chief Executive Officer and President of Sherritt International Corporation since January 1, 2012. Mr. Pathe served as the Chief Financial Officer of Sherritt International ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD2.59M) is above average for companies of similar size in the Canadian market ($USD157.16K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|President & CEO||8.1yrs||CA$3.46m||0.097% CA$65.2k|
|Senior VP & CFO||3.1yrs||CA$1.09m||0.038% CA$25.6k|
|Executive VP & COO||4.8yrs||CA$1.49m||0.036% CA$24.6k|
|Senior Vice President of Oil||7.8yrs||CA$1.26m||0.034% CA$22.8k|
|Senior Vice President of Metals||2.4yrs||CA$1.37m||no data|
|Director of Technologies Projects||0yrs||no data||no data|
|Vice President of Administration and Controller||16.8yrs||no data||no data|
|Director of Investor Relations||0yrs||no data||no data|
|Senior VP||6.3yrs||CA$1.05m||no data|
|Senior Vice President of Human Resources||6yrs||no data||0.053% CA$35.6k|
Experienced Management: S's management team is seasoned and experienced (6.2 years average tenure).
|President & CEO||8.1yrs||CA$3.46m||0.097% CA$65.2k|
|Non-Executive Director||2.7yrs||CA$180.00k||0.025% CA$17.0k|
|Corporate Director||6.6yrs||CA$200.00k||0.0048% CA$3.2k|
|Non-Executive Director||6.3yrs||CA$195.00k||0.0074% CA$5.0k|
|Corporate Director||5.8yrs||CA$185.00k||0.018% CA$12.3k|
|Independent Director||2yrs||CA$139.00k||no data|
Experienced Board: S's board of directors are considered experienced (5.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sherritt International Corporation's company bio, employee growth, exchange listings and data sources
- Name: Sherritt International Corporation
- Ticker: S
- Exchange: TSX
- Founded: 1927
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$67.538m
- Shares outstanding: 397.28m
- Website: https://www.sherritt.com
Number of Employees
- Sherritt International Corporation
- Bay Adelaide Centre
- East Tower
- M5H 4E3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|S||TSX (The Toronto Stock Exchange)||Yes||Restricted Voting Shares||CA||CAD||Jun 1996|
|HRT||DB (Deutsche Boerse AG)||Yes||Restricted Voting Shares||DE||EUR||Jun 1996|
|SHER.F||OTCPK (Pink Sheets LLC)||Yes||Restricted Voting Shares||US||USD||Jun 1996|
Sherritt International Corporation engages in the mining, refining, and sale of nickel and cobalt from lateritic ores primarily in Europe, Japan, and China. It produces and sells agriculture fertilizers in Western Canada; and provides additional fertilizer storage and administrative facilities in Fort Saskatchewan, Alberta, and Canada. The company also explores for and produces oil and gas primarily from offshore reservoirs located in the north coast of Cuba. It has interests in four production-sharing contracts; working-interests in various oil fields and related production platform located in the Gulf of Valencia in Spain; and a working interest in a natural gas field in Pakistan. In addition, the company produces and sells by-products, such as condensate and liquefied petroleum gas; and crystalline ammonium sulphate primarily into agricultural markets in Africa and Asia, as well as generates and sells electricity from natural gas and steam facilities. As at December 31, 2018, its facilities had a total capacity of 506 megawatts. The company operates two combined cycle plants at Varadero and Boca de Jaruco; and has two nickel deposits located near Moramanga in Madagascar. Sherritt International Corporation was founded in 1927 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:08|
|End of Day Share Price||2020/02/27 00:00|
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.