TSXV:AEP

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Atlas Engineered Products

Market Cap

CA$21.4m

Last Updated

2021/06/25 00:40 UTC

Data Sources

Company Financials

Executive Summary

Atlas Engineered Products Ltd. designs, manufactures and sells engineered roof trusses, floor trusses, wall panels, and windows in Canada. More Details


Snowflake Analysis

Adequate balance sheet with acceptable track record.

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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: AEP's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

5.7%

AEP

4.0%

CA Forestry

0.4%

CA Market


1 Year Return

32.1%

AEP

94.3%

CA Forestry

35.8%

CA Market

Return vs Industry: AEP underperformed the Canadian Forestry industry which returned 88.7% over the past year.

Return vs Market: AEP exceeded the Canadian Market which returned 36.1% over the past year.


Shareholder returns

AEPIndustryMarket
7 Day5.7%4.0%0.4%
30 Day27.6%-5.3%2.1%
90 Day21.3%4.5%6.0%
1 Year32.1%32.1%97.5%94.3%40.3%35.8%
3 Year-21.3%-21.3%-2.2%-6.7%32.3%19.7%
5 Yearn/a86.0%73.4%58.7%35.0%

Long-Term 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

Valuation

Is Atlas Engineered Products undervalued compared to its fair value and its price relative to the market?

20.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AEP (CA$0.38) is trading above our estimate of fair value (CA$0.34)

Significantly Below Fair Value: AEP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AEP is poor value based on its PE Ratio (20.8x) compared to the Canadian Forestry industry average (8.7x).

PE vs Market: AEP is poor value based on its PE Ratio (20.8x) compared to the Canadian market (14.7x).


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 (1.7x) compared to the CA Forestry industry average (1.4x).


Future Growth

How is Atlas Engineered Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-27.8%

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.


Past Performance

How has Atlas Engineered Products performed over the past 5 years?

25.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AEP has high quality earnings.

Growing Profit Margin: AEP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AEP has become profitable over the past 5 years, growing earnings by 25.3% per year.

Accelerating Growth: AEP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AEP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (323.1%).


Return on Equity

High ROE: AEP's Return on Equity (8%) is considered low.


Financial Health

How is Atlas Engineered Products's financial position?


Financial Position Analysis

Short Term Liabilities: AEP's short term assets (CA$9.5M) exceed its short term liabilities (CA$5.9M).

Long Term Liabilities: AEP's short term assets (CA$9.5M) exceed its long term liabilities (CA$9.4M).


Debt to Equity History and Analysis

Debt Level: AEP's debt to equity ratio (51.9%) is considered high.

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

Debt Coverage: AEP's debt is well covered by operating cash flow (40.8%).

Interest Coverage: AEP's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Dividend

What is Atlas Engineered Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AEP'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 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.


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Mohammad Abassi (64 yo)

0.33

Tenure

CA$347,357

Compensation

Mr. Mohammad Hadi Abassi has served as a Chief Executive Officer and President at Atlas Engineered Products Ltd. since February 2021. He served as Executive Vice President at Atlas Engineered Products Ltd....


CEO Compensation Analysis

Compensation vs Market: Mohammad's total compensation ($USD280.82K) is above average for companies of similar size in the Canadian market ($USD159.50K).

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


Leadership Team

Experienced Management: AEP's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: AEP's board of directors are considered experienced (3.6 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Atlas Engineered Products Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atlas Engineered Products Ltd.
  • Ticker: AEP
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: CA$21.359m
  • Shares outstanding: 57.73m
  • Website: https://www.atlasengineeredproducts.com

Number of Employees


Location

  • Atlas Engineered Products Ltd.
  • 2005 Boxwood Road
  • Unit 102
  • Nanaimo
  • British Columbia
  • V9S 5X9
  • Canada

Listings


Biography

Atlas Engineered Products Ltd. designs, manufactures and sells engineered roof trusses, floor trusses, wall panels, and windows in Canada. The company offers floor joists, floor and wall panels, and engine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/25 00:40
End of Day Share Price2021/06/24 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.