Executive Summary
Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized (calcined) anthracite in South Africa.
Snowflake
Fundamentals
Flawless balance sheet and undervalued.
Share Price & News
How has Canaf Investments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CAF has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
22.2%
CAF
-1.7%
CA Metals and Mining
1.1%
CA Market
1 Year Return
-35.3%
CAF
24.7%
CA Metals and Mining
6.9%
CA Market
Return vs Industry: CAF underperformed the Canadian Metals and Mining industry which returned 24.7% over the past year.
Return vs Market: CAF underperformed the Canadian Market which returned 6.9% over the past year.
Shareholder returns
| CAF | Industry | Market | |
|---|---|---|---|
| 7 Day | 22.2% | -1.7% | 1.1% |
| 30 Day | -8.3% | 0.3% | 2.6% |
| 90 Day | 0% | -4.8% | 4.6% |
| 1 Year | -35.3%-35.3% | 25.8%24.7% | 10.4%6.9% |
| 3 Year | 10.0%10.0% | -4.7%-6.5% | 18.6%8.0% |
| 5 Year | -21.4%-21.4% | 18.8%14.8% | 27.1%8.6% |
Price Volatility Vs. Market
How volatile is Canaf Investments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What You Must Know About Canaf Investments Inc.'s (CVE:CAF) Beta Value1 month ago | Simply Wall St
I Built A List Of Growing Companies And Canaf Investments (CVE:CAF) Made The Cut1 month ago | Simply Wall St
Here's What Canaf Investments Inc.'s (CVE:CAF) ROCE Can Tell UsValuation
Is Canaf Investments undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CAF (CA$0.06) is trading below our estimate of fair value (CA$0.4)
Significantly Below Fair Value: CAF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CAF is good value based on its PE Ratio (4.1x) compared to the Metals and Mining industry average (14.5x).
PE vs Market: CAF is good value based on its PE Ratio (4.1x) compared to the Canadian market (14.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAF is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.3x).
Next Steps
Future Growth
How is Canaf Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-4.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAF's earnings are forecast to decline over the next 3 years (-4.4% per year).
Earnings vs Market: CAF's earnings are forecast to decline over the next 3 years (-4.4% per year).
High Growth Earnings: CAF's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if CAF's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if CAF's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CAF's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Canaf Investments performed over the past 5 years?
18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAF has high quality earnings.
Growing Profit Margin: CAF's current net profit margins (4.7%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: CAF's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: CAF's earnings growth over the past year (4.4%) is below its 5-year average (18% per year).
Earnings vs Industry: CAF earnings growth over the past year (4.4%) exceeded the Metals and Mining industry -15.5%.
Return on Equity
High ROE: CAF's Return on Equity (12.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Canaf Investments's financial position?
Financial Position Analysis
Short Term Liabilities: CAF's short term assets ($3.7M) exceeds its short term liabilities ($1.7M)
Long Term Liabilities: CAF has no long term liabilities
Debt to Equity History and Analysis
Debt Level: CAF is debt free.
Reducing Debt: CAF has no debt compared to 5 years ago when its debt to equity ratio was 5.4%.
Debt Coverage: CAF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAF has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: CAF has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CAF's debt is covered by short term assets.
Next Steps
Dividend
What is Canaf Investments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CAF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CAF'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 CAF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAF'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 CAF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
What is the CEO of Canaf Investments's salary, the management and board of directors tenure and is there insider trading?
4.9yrs
Average board tenure
CEO
Christopher Way 0
8.4yrs
Tenure
US$129,354
Compensation
Mr. Christopher Robert Way has been the President of Canaf Investments Inc. (formerly known as Canaf Group Inc.) since June 14, 2011 and its Chief Executive Officer since June 2011. Mr. Way served as a Con ...
CEO Compensation Analysis
Compensation vs Market: Christopher's total compensation ($USD129.35K) is about average for companies of similar size in the Canadian market ($USD136.04K).
Compensation vs Earnings: Christopher's compensation has increased by more than 20% in the past year.
Board Age and Tenure
4.9yrs
Average Tenure
Experienced Board: CAF's board of directors are considered experienced (4.9 years average tenure).
Insider Trading
Insider Buying: CAF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 830,184 |
| Max Price | US$0.04 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 845,007 |
| Max Price | US$0.04 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 70,000 |
| Max Price | US$0.055 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 90,000 |
| Max Price | US$0.085 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Rick Skeith (66yo)
Corporate Secretary
- Tenure: 0yrs
Christopher Way
President
- Tenure: 8.4yrs
- Compensation: US$129.35k
Rebecca Williams
CFO & Director
- Tenure: 1.3yrs
- Compensation: US$42.65k
Board Members
David Way
Chairman of the Board
- Tenure: 8.4yrs
- Compensation: US$57.57k
Christopher Way
President
- Tenure: 8.4yrs
- Compensation: US$129.35k
Rebecca Williams
CFO & Director
- Tenure: 1.3yrs
- Compensation: US$42.65k
Peter Wassenaar
Director
- Tenure: 0.3yrs
Company Information
Canaf Investments Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Canaf Investments Inc.
- Ticker: CAF
- Exchange: TSXV
- Founded: 1996
- Industry: Steel
- Sector: Materials
- Market Cap: CA$2.608m
- Shares outstanding: 47.43m
- Website: https://www.canafinvestments.com
Location
- Canaf Investments Inc.
- 1100-1111 Melville Street
- Vancouver
- British Columbia
- V6E 3V6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CAF | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Sep 1997 |
| 3CF | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 1997 |
| CAFZ.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Sep 1997 |
Biography
Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized (calcined) anthracite in South Africa. It offers calcined anthracite to steel and ferromanganese manufact ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/13 00:02 |
| End of Day Share Price | 2019/11/11 00:00 |
| Earnings | 2019/07/31 |
| Annual Earnings | 2018/10/31 |
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.