Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Balto Resources is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Balto Resources has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Balto Resources. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Balto Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
Balto Resources has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.
Take a look at our analysis of BAL.H’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.
When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Balto Resources's regulatory filings and announcements.
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 Balto Resources 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Balto Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Balto Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Balto Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Balto Resources is high growth as no earnings estimate data is available.
Unable to determine if Balto Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Balto Resources's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Sammy Cheng serves as the Chief Executive Officer and President of Cicada Ventures Ltd. Mr. Cheng serves as the President and Chief Executive Officer of Balto Resources Ltd. He served as the Chief Financial Officer of Emperor Minerals Ltd. from February 12, 2012 to April 12, 2012; Cicada Ventures Ltd from August 2006 to July 2009 and Balto Resources Ltd from September 2005 to October 2009. He has been employed as a financial accountant at Emperor Minerals Ltd. since 1996 and his main responsibilities have been to prepare quarterly and annual financial statements for reporting issuers. During this period, Mr. Cheng was also responsible for the financial affairs of various private companies. He is a Business Man. He has been a Director of Cicada Ventures Ltd., since August 2005 and Balto Resources Ltd., since August 2002. From 1989 to 1996, he was employed as a Housing Officer for the Government of Hong Kong. His responsibilities included the management of real estate projects, residential tenancies and commercial tenancies. He is a corporate member of the Chartered Institute of Housing (United Kingdom) from 1996. Mr. Cheng received a Diploma in Housing Management from the University of Hong Kong in 1996.
Sammy's compensation has increased whilst company is loss making.
Sammy's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Balto Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Introducing Balto Resources (CVE:BAL.H), The Stock That Soared 650% In The Last Five Years
It really delights us to see such great share price performance for investors. … For example, investors may be hoping that Balto Resources finds some valuable resources, before it runs out of money. … Some Balto Resources investors have already had a taste of the sweet taste stocks like this can leave in the mouth, as they gain popularity and attract speculative capital.
What Kind Of Investor Owns Most Of Balto Resources Ltd (CVE:BAL.H)?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Balto Resources is a smaller company with a market capitalization of CA$8.0m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Balto Resources
Why Balto Resources Ltd's (CVE:BAL.H) Investor Composition Impacts Your Returns
Today, I will be analyzing Balto Resources Ltd’s (CVE:BAL.H) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure of a company has been found to affect share performance over time. … Therefore, it is beneficial for us to examine BAL.H's ownership structure in more detail.
Should You Worry About Balto Resources Ltd's (TSXV:BALH) CEO Pay Check?
See our latest analysis for BAL.H Did Cheng create value? … BAL.H can create value to shareholders by increasing its profitability, which in turn is reflected into the share price and the investor's ability to sell their shares at higher capital gains. … Hopefully this article has given you insight on how shareholders should think about BAL.H's governance policies such as CEO pay.
Should Your Next Investment In The Basic Materials Industry Be In Balto Resources Ltd (TSXV:BALH)?
TSXV:BAL.H PE PEG Gauge Nov 15th 17 metals and mining companies are typically trading at a PE of 11x, below the broader Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of BAL.H, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.
What You Must Know About Balto Resources Ltd's (TSXV:BALH) Risks
Balto Resources has a beta of 3.68, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, this aspect of BAL.H indicates a higher beta than a similar size company with a lower portion of fixed assets on their balance sheet.
Balto Resources Ltd. engages in the exploration, evaluation, and development of mineral properties in Canada. It holds a 100% working interest in the SED mineral claims located in the Kamloops mining division, British Columbia. The company was formerly known as Alcor Resources Ltd. and changed its name to Balto Resources Ltd. in June 2008. Balto Resources Ltd. was incorporated in 1973 and is based in Vancouver, Canada.
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