TSX:SOP

Stock Analysis Report

SOPerior Fertilizer

Executive Summary

SOPerior Fertilizer Corp. engages in the exploration, evaluation, and development of mineral properties and related projects in the United States and Canada.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has SOPerior Fertilizer's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SOP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.1%

SOP

4.4%

CA Chemicals

0.6%

CA Market


1 Year Return

-11.1%

SOP

-21.6%

CA Chemicals

5.3%

CA Market

Return vs Industry: SOP exceeded the Canadian Chemicals industry which returned -21.6% over the past year.

Return vs Market: SOP underperformed the Canadian Market which returned 5.3% over the past year.


Shareholder returns

SOPIndustryMarket
7 Day-11.1%4.4%0.6%
30 Day-11.1%-5.5%1.0%
90 Day60.0%-7.0%4.5%
1 Year-11.1%-11.1%-18.9%-21.6%8.6%5.3%
3 Year-82.6%-82.6%-29.0%-33.3%18.0%7.4%
5 Year-60.0%-60.0%-23.9%-32.3%34.4%14.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SOP is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

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


Price to Book Ratio

PB vs Industry: SOP is good value based on its PB Ratio (0.3x) compared to the CA Chemicals industry average (1.2x).


Next Steps

Future Growth

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

12.7%

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 SOPerior Fertilizer 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 SOPerior Fertilizer performed over the past 5 years?

-35.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SOP is currently unprofitable.

Growing Profit Margin: SOP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SOP is unprofitable, and losses have increased over the past 5 years at a rate of -35.2% per year.

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

Earnings vs Industry: SOP is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-20.3%).


Return on Equity

High ROE: SOP has a negative Return on Equity (-15.46%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is SOPerior Fertilizer's financial position?


Financial Position Analysis

Short Term Liabilities: SOP's short term assets (CA$180.0K) do not cover its short term liabilities (CA$3.7M).

Long Term Liabilities: SOP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SOP's debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SOP's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: SOP has a high level of physical assets or inventory.

Debt Coverage by Assets: SOP's debt is not covered by short term assets (assets are 0.1x 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: SOP has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SOP has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.4% each year.


Next Steps

Dividend

What is SOPerior Fertilizer's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

2.6yrs

Average board tenure


CEO

Andrew Squires 0

3.1yrs

Tenure

CA$249,966

Compensation

Mr. Andrew Squires, P.Eng. & Bsc serves as Senior Vice President of Saleski Technology & Business Development at Osum Oil Sands Corp. Mr. Squires has been Chief Executive Officer of Potash Ridge Corporatio ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD188.49K) is about average for companies of similar size in the Canadian market ($USD154.33K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
R. Duncan
Executive Chairman of the Board2.6yrsCA$120.00k0.20% CA$17.0k
Andrew Squires
CEO, President3.1yrsCA$249.97kno data
E. Klue
Independent Director1.8yrsCA$101.00kno data
Arthur Roth
Vice Chairman2.6yrsCA$20.00kno data
Ian Smith
Independent Director0.8yrsno datano data

2.6yrs

Average Tenure

58yo

Average Age

Experienced Board: SOP's board of directors are not considered experienced ( 2.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.5%.


Top Shareholders

Company Information

SOPerior Fertilizer Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SOPerior Fertilizer Corp.
  • Ticker: SOP
  • Exchange: TSX
  • Founded: 2011
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: CA$8.623m
  • Shares outstanding: 215.57m
  • Website: https://www.soperiorfertilizer.com

Number of Employees


Location

  • SOPerior Fertilizer Corp.
  • 10 King Street East
  • Suite 300
  • Toronto
  • Ontario
  • M5C 1C3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOPTSX (The Toronto Stock Exchange)YesCommon SharesCACADDec 2012
POTR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2012
0P2DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2012

Biography

SOPerior Fertilizer Corp. engages in the exploration, evaluation, and development of mineral properties and related projects in the United States and Canada. The company explores for alunite deposits to produce sulphate of potash, sulphuric acid, and alumina. Its principal mineral project is the Blawn Mountain project covering an area of approximately 15,403 acres of land located in Beaver County, Utah. The company was formerly known as Potash Ridge Corporation and changed its name to SOPerior Fertilizer Corp. in August 2018. SOPerior Fertilizer Corp. was incorporated in 2011 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 02:12
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.