Atlas Engineered Products Ltd. engineers, manufactures, and sells trusses and engineered wood products in Canada.
Slightly overvalued with worrying balance sheet.
Share Price & News
How has Atlas Engineered Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AEP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AEP exceeded the Canadian Forestry industry which returned -9% over the past year.
Return vs Market: AEP exceeded the Canadian Market which returned 5.8% over the past year.
Price Volatility Vs. Market
How volatile is Atlas Engineered Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StWhat Kind Of Shareholders Own Atlas Engineered Products Ltd. (CVE:AEP)?
4 months ago | Simply Wall StCan You Imagine How Atlas Engineered Products's (CVE:AEP) Shareholders Feel About The 14% Share Price Increase?
5 months ago | Simply Wall StNeed To Know: Atlas Engineered Products Ltd. (CVE:AEP) Insiders Have Been Buying Shares
Is Atlas Engineered Products 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: AEP (CA$0.45) is trading below our estimate of fair value (CA$1.34)
Significantly Below Fair Value: AEP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AEP is unprofitable, so we can't compare its PE Ratio to the Forestry industry average.
PE vs Market: AEP 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 AEP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AEP is overvalued based on its PB Ratio (2.5x) compared to the CA Forestry industry average (1.2x).
How is Atlas Engineered Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Atlas Engineered Products 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.
- Take a look at our analysis of AEP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Atlas Engineered Products competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Atlas Engineered Products performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: AEP is currently unprofitable.
Growing Profit Margin: AEP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if AEP's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare AEP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AEP is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (-13.1%).
Return on Equity
High ROE: AEP has a negative Return on Equity (-26.33%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Atlas Engineered Products's financial position?
Financial Position Analysis
Short Term Liabilities: AEP's short term assets (CA$7.8M) do not cover its short term liabilities (CA$12.9M).
Long Term Liabilities: AEP's short term assets (CA$7.8M) exceed its long term liabilities (CA$5.0M).
Debt to Equity History and Analysis
Debt Level: AEP's debt to equity ratio (83.4%) is considered high.
Reducing Debt: Insufficient data to determine if AEP's debt to equity ratio has reduced over the past 5 years.
Inventory Level: AEP has a high level of physical assets or inventory.
Debt Coverage by Assets: AEP's debt is covered by short term assets (assets are 1.2x 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: Insufficient data to determine if AEP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AEP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Atlas Engineered Products's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AEP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AEP'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 AEP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AEP'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 AEP'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
Dirk Maritz 0
Mr. Dirk Maritz serves as President, Chief Executive Officer & Director at Atlas Engineered Products Ltd. since January 2019. Mr. Maritz is a charismatic and visionary leader and change agent with over 15 ...
CEO Compensation Analysis
Compensation vs Market: Dirk's total compensation ($USD283.35K) is above average for companies of similar size in the Canadian market ($USD155.16K).
Compensation vs Earnings: Insufficient data to compare Dirk's compensation with company performance.
|Interim Chief Financial Officer||0.8yrs||no data||0.073% CA$19.1k|
|Vice President of Operations||0yrs||no data||no data|
|Vice President of Sales||0.3yrs||no data||0.036% CA$9.5k|
|Vice President of Strategy||1.6yrs||no data||no data|
|Executive Vice President of Organizational Development||0.8yrs||no data||0.043% CA$11.3k|
|Corporate Secretary||2.3yrs||no data||no data|
Experienced Management: AEP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||2.3yrs||CA$31.67k||no data|
|Independent Chairman of the Board||2.3yrs||CA$22.79k||0.13% CA$33.7k|
|Independent Director||2.3yrs||CA$22.79k||0.26% CA$67.5k|
Experienced Board: AEP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AEP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 648.1%.
Atlas Engineered Products Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Atlas Engineered Products Ltd.
- Ticker: AEP
- Exchange: TSXV
- Founded: 1999
- Industry: Forest Products
- Sector: Materials
- Market Cap: CA$25.977m
- Shares outstanding: 57.73m
- Website: https://www.atlasengineeredproducts.com
Number of Employees
- Atlas Engineered Products Ltd.
- 6551 Aulds Road
- Unit 102
- British Columbia
- V9T 6K2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AEP||TSXV (TSX Venture Exchange)||Yes||Common shares||CA||CAD||Nov 2017|
|APEU.F||OTCPK (Pink Sheets LLC)||Yes||Common shares||US||USD||Nov 2017|
Atlas Engineered Products Ltd. engineers, manufactures, and sells trusses and engineered wood products in Canada. The company offers trusses, floor panels, and wall panels; and distributes I-joists, engineered beams, roof trusses, floor joists, floor trusses, and windows and doors, as well as provides design, engineering, permitting, and project management and site assembly services. It supplies its products for use by builders of residential and commercial wood framed buildings, including single family homes, townhouses, multi-story wood-framed residential and commercial buildings, and agricultural structures. The company was founded in 1999 and is based in Nanaimo, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:35|
|End of Day Share Price||2020/02/14 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.