Canaf Investments
Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized (calcined) anthracite in South Africa. The last earnings update was 21 days ago. More info.
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CAF Share Price and Events
7 Day Returns
1 Year Returns
CAF Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Canaf Investments (CAF) | -15% | -5.6% | 30.8% | -26.1% | - | 13.3% |
| CA Metals and Mining | -2.1% | 1.4% | 13.1% | -5.9% | 8.9% | -22% |
| CA Market | 0.3% | 2% | 13.2% | 0.7% | 16.6% | 5.6% |
1 Year Return vs Industry and Market
- CAF underperformed the Metals and Mining industry which returned -5.9% over the past year.
- CAF underperformed the Market in Canada which returned 0.7% over the past year.
CAF Value
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
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Canaf Investments
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Canaf Investments.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 8.7% |
| Perpetual Growth Rate | 10-Year CA Government Bond Rate | 1.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year CA Govt Bond Rate | 1.9% |
| Equity Risk Premium | S&P Global | 6% |
| Metals and Mining Unlevered Beta | Simply Wall St/ S&P Global | 1.18 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.181 (1 + (1- 26.5%) (2.59%)) |
1.136 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.14 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.136 * 5.96%) |
8.72% |
Discounted Cash Flow Calculation for TSXV:CAF using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Canaf Investments is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.72%) |
|
|---|---|---|---|
| 2019 | 0.40 | Est @ 10.76% | 0.36 |
| 2020 | 0.43 | Est @ 8.11% | 0.36 |
| 2021 | 0.45 | Est @ 6.26% | 0.35 |
| 2022 | 0.48 | Est @ 4.97% | 0.34 |
| 2023 | 0.50 | Est @ 4.06% | 0.33 |
| 2024 | 0.51 | Est @ 3.43% | 0.31 |
| 2025 | 0.53 | Est @ 2.98% | 0.29 |
| 2026 | 0.54 | Est @ 2.67% | 0.28 |
| 2027 | 0.56 | Est @ 2.45% | 0.26 |
| 2028 | 0.57 | Est @ 2.3% | 0.25 |
| Present value of next 10 years cash flows | $3.14 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $0.57 × (1 + 1.95%) ÷ (8.72% – 1.95%) |
$8.57 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $8.57 ÷ (1 + 8.72%)10 |
$3.72 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $3.14 + $3.72 |
$6.86 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $6.86 / 47.43 |
$0.14 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | USD/CAD
(Reporting currency to currency of TSXV:CAF) |
1.333 |
| Value per Share (CAD) |
= Value per Share in USD x Exchange Rate (USD/CAD)
= $0.14 x 1.333 |
CA$0.19 |
| Value per share (CAD) | From above. | CA$0.19 |
| Current discount | Discount to share price of
CA$0.09
= -1 x (CA$0.09 - CA$0.19) / CA$0.19 |
55.9% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Canaf Investments's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Canaf Investments's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Canaf Investments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Canaf Investments's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-10-31) in USD | $0.01 |
| TSXV:CAF Share Price ** | TSXV (2019-03-19) in CAD | CA$0.09 |
| TSXV:CAF Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.75 | $0.06 |
| Canada Metals and Mining Industry PE Ratio | Median Figure of 115 Publicly-Listed Metals and Mining Companies | 12.49x |
| Canada Market PE Ratio | Median Figure of 542 Publicly-Listed Companies | 14.78x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Canaf Investments.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:CAF Share Price ÷ EPS (both in USD) = 0.06 ÷ 0.01 |
5.17x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Canaf Investments is good value based on earnings compared to the CA Metals and Mining industry average.
- Canaf Investments is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does
Canaf Investments's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 5.17x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
2.1%per year |
| Canada Metals and Mining Industry PEG Ratio | Median Figure of 35 Publicly-Listed Metals and Mining Companies | 0.7x |
| Canada Market PEG Ratio | Median Figure of 253 Publicly-Listed Companies | 1.2x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Canaf Investments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Canaf Investments's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-10-31) in USD | $0.07 |
| TSXV:CAF Share Price * | TSXV (2019-03-19) in CAD | CA$0.09 |
| TSXV:CAF Share Price converted to USD reporting currency | Exchange rate (CAD/ USD) 0.75 | $0.06 |
| Canada Metals and Mining Industry PB Ratio | Median Figure of 1,080 Publicly-Listed Metals and Mining Companies | 1.44x |
| Canada Market PB Ratio | Median Figure of 2,349 Publicly-Listed Companies | 1.58x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:CAF Share Price ÷ Book Value per Share (both in USD) = 0.06 ÷ 0.07 |
0.86x |
* Primary Listing of Canaf Investments.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Canaf Investments is good value based on assets compared to the CA Metals and Mining industry average.
Value checks
We assess Canaf Investments's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Canaf Investments has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
CAF Future Performance
- No analysts cover Canaf Investments, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
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 it right!
Earnings growth vs Low Risk Savings
- Canaf Investments's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
- Canaf Investments's earnings growth is positive but not above the Canada market average.
- Unable to compare Canaf Investments's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| TSXV:CAF Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 2.1% |
| Canada Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 33.3% |
| Canada Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 7% |
| Canada Market Earnings Growth Rate | Market Cap Weighted Average | 17.8% |
| Canada Market Revenue Growth Rate | Market Cap Weighted Average | 6.9% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-10-31 | 15 | 1 | 1 |
| 2018-07-31 | 14 | 1 | 0 |
| 2018-04-30 | 13 | 1 | 1 |
| 2018-01-31 | 11 | 0 | 1 |
| 2017-10-31 | 11 | 1 | 1 |
| 2017-07-31 | 10 | 0 | 1 |
| 2017-04-30 | 9 | 0 | 1 |
| 2017-01-31 | 7 | 0 | 0 |
| 2016-10-31 | 5 | 0 | 0 |
| 2016-07-31 | 4 | 0 | 0 |
| 2016-04-30 | 5 | 0 | 0 |
| 2016-01-31 | 8 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Canaf Investments Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-10-31 | 0.01 |
| 2018-07-31 | 0.01 |
| 2018-04-30 | 0.01 |
| 2018-01-31 | 0.01 |
| 2017-10-31 | 0.01 |
| 2017-07-31 | 0.02 |
| 2017-04-30 | 0.01 |
| 2017-01-31 | 0.01 |
| 2016-10-31 | 0.00 |
| 2016-07-31 | -0.01 |
| 2016-04-30 | -0.01 |
| 2016-01-31 | 0.00 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Canaf Investments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Canaf Investments's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Canaf Investments has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
CAF Past Performance
How has Canaf Investments performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Canaf Investments's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- Canaf Investments's 1-year earnings growth exceeds its 5-year average (8% vs -4.3%)
- Canaf Investments's earnings growth has exceeded the CA Metals and Mining industry average in the past year (8% vs -23.7%).
Earnings and Revenue History
All data from Canaf Investments Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-10-31 | 14.67 | 0.59 | 0.54 | |
| 2018-07-31 | 14.39 | 0.46 | 0.49 | |
| 2018-04-30 | 12.92 | 0.56 | 0.48 | |
| 2018-01-31 | 10.98 | 0.53 | 0.47 | |
| 2017-10-31 | 10.70 | 0.54 | 0.40 | |
| 2017-07-31 | 10.24 | 0.73 | 0.41 | |
| 2017-04-30 | 9.41 | 0.59 | 0.39 | |
| 2017-01-31 | 6.67 | 0.31 | 0.37 | |
| 2016-10-31 | 4.70 | -0.18 | 0.36 | |
| 2016-07-31 | 3.90 | -0.40 | 0.35 | |
| 2016-04-30 | 4.85 | -0.46 | 0.37 | |
| 2016-01-31 | 7.50 | -0.21 | 0.39 | |
| 2015-10-31 | 9.16 | 0.13 | 0.44 | |
| 2015-07-31 | 12.24 | 0.29 | 0.50 | |
| 2015-04-30 | 13.60 | 0.44 | 0.53 | |
| 2015-01-31 | 12.68 | 0.30 | 0.53 | |
| 2014-10-31 | 13.26 | 0.41 | 0.50 | |
| 2014-07-31 | 13.54 | 0.47 | 0.50 | |
| 2014-04-30 | 14.23 | 0.73 | 0.52 | |
| 2014-01-31 | 15.19 | 0.83 | 0.52 | |
| 2013-10-31 | 14.97 | 0.84 | 0.54 | |
| 2013-07-31 | 13.22 | 0.76 | 0.49 | |
| 2013-04-30 | 12.34 | 0.45 | 0.50 | |
| 2013-01-31 | 11.51 | 0.39 | 0.57 | |
| 2012-10-31 | 10.88 | 0.33 | 0.57 | |
| 2012-07-31 | 10.85 | 0.53 | 0.61 | |
| 2012-04-30 | 11.90 | 0.75 | 0.62 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Canaf Investments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Canaf Investments used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
- Canaf Investments has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Canaf Investments'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)
Canaf Investments has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
CAF Health
How is Canaf Investments's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Canaf Investments's finances.
The net worth of a company is the difference between its assets and liabilities.
- Canaf Investments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Canaf Investments has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 33.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Canaf Investments Company Filings, last reported 4 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-10-31 | 3.60 | 0.08 | 0.55 |
| 2018-07-31 | 2.54 | 0.17 | 1.25 |
| 2018-04-30 | 2.60 | 0.27 | 0.32 |
| 2018-01-31 | 2.46 | 0.40 | 0.39 |
| 2017-10-31 | 1.91 | 0.42 | 0.45 |
| 2017-07-31 | 2.09 | 0.49 | 0.67 |
| 2017-04-30 | 1.90 | 0.57 | |
| 2017-01-31 | 1.67 | 0.63 | 0.60 |
| 2016-10-31 | 1.47 | 0.70 | 0.38 |
| 2016-07-31 | 1.28 | 0.75 | 0.77 |
| 2016-04-30 | 1.23 | 0.80 | 0.76 |
| 2016-01-31 | 1.14 | 0.77 | 0.67 |
| 2015-10-31 | 1.63 | 0.95 | 0.88 |
| 2015-07-31 | 1.83 | 1.12 | 0.99 |
| 2015-04-30 | 1.98 | 1.18 | 1.45 |
| 2015-01-31 | 1.83 | 0.20 | 0.88 |
| 2014-10-31 | 1.92 | 0.00 | 0.45 |
| 2014-07-31 | 1.85 | 0.10 | 1.16 |
| 2014-04-30 | 1.79 | 0.11 | 1.13 |
| 2014-01-31 | 1.65 | 0.17 | 0.77 |
| 2013-10-31 | 1.71 | 0.18 | 1.31 |
| 2013-07-31 | 1.59 | 0.27 | 0.33 |
| 2013-04-30 | 1.41 | 0.32 | 0.38 |
| 2013-01-31 | 1.27 | 0.46 | 0.27 |
| 2012-10-31 | 1.16 | 0.44 | 1.43 |
| 2012-07-31 | 1.41 | 0.51 | 1.49 |
| 2012-04-30 | 1.53 | 0.74 | 1.18 |
- Canaf Investments's level of debt (2.2%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (10.3% vs 2.2% today).
- Debt is well covered by operating cash flow (942.9%, greater than 20% of total debt).
- Canaf Investments earns more interest than it pays, coverage of interest payments is not a concern.
Financial health checks
We assess Canaf Investments's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Canaf Investments has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
CAF Dividends
What is Canaf Investments's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
CA$2,000 of
Canaf Investments
shares you are expected to receive
CA$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Canaf Investments's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Canaf Investments's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Canada Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 28 Stocks | 1.2% |
| Canada Market Average Dividend Yield | Market Cap Weighted Average of 330 Stocks | 3.5% |
| Canada Minimum Threshold Dividend Yield | 10th Percentile | 1.1% |
| Canada Bottom 25% Dividend Yield | 25th Percentile | 2% |
| Canada Top 25% Dividend Yield | 75th Percentile | 5.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Canaf Investments has not reported any payouts.
- Unable to verify if Canaf Investments's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Canaf Investments's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Canaf Investments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Canaf Investments has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CAF Management
CEO
| COMPENSATION | $67,117 |
| TENURE AS CEO | 7.8 years |
CEO Bio
Mr. Christopher 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 Consultant at Canaf Investments Inc. (formerly known as Canaf Group Inc.). He joined Canaf in March 2007. In 2007, he left for Africa to assist Canaf with due diligence in Zimbabwe. Mr. Way has represented Canaf in Zimbabwe, South Africa, DRC and Sierra Leone. He has been a Director of Canaf Investments Inc. (formerly known as Canaf Group Inc.) since July 14, 2008. He served as a Director of Canaf Group, Inc. since July 2008 until January 11, 2010. He was awarded a sponsorship by an agency of the Ministry of Defense to study at Durham University after working for them in a Defense unit. Mr. Way graduated from Durham University (United Kingdom) with a Masters in Civil Engineering.
CEO Compensation
- Christopher's compensation has been consistent with company performance over the past year.
- Christopher's remuneration is lower than average for companies of similar size in Canada.
Management Team
Christopher Way
President
$67K
7.8 yrs
Rebecca Williams
CFO & Director
0.7 yrs
Rick Skeith
Corporate Secretary
65
Board of Directors Tenure
Average tenure of the Canaf Investments board of directors in years:
- The tenure for the Canaf Investments board of directors is about average.
Board of Directors
David Way
Chairman of the Board
7.8 yrs
Christopher Way
President
$67K
10.7 yrs
Rebecca Williams
CFO & Director
0.7 yrs
Kevin Corrigan
Non-Executive Director
9.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (CA$) | Value (CA$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 18. Nov 18 | Buy | Christopher Way | Individual | 16. Nov 18 | 16. Nov 18 | 90,000 | CA$0.09 | CA$7,650 | ||
| 24. Oct 18 | Buy | Christopher Way | Individual | 24. Oct 18 | 24. Oct 18 | 93,000 | CA$0.08 | CA$7,440 | ||
Management checks
We assess Canaf Investments's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Canaf Investments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
CAF News
Simply Wall St News
What You Must Know About Canaf Investments Inc.'s (CVE:CAF) Beta Value
(CVE:CAF), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).
Simply Wall St - – Full articleShould Canaf Investments Be Disappointed With Their 20% Profit?
Furthermore, you'd generally like to see the share price rise faster than the market. … (CVE:CAF) share price is up 20% in the last five years, that's less than the market return. … During the five years of share price growth, Canaf Investments moved from a loss to profitability.
Simply Wall St - – Full articleCould Canaf Investments Inc.'s (CVE:CAF) Investor Composition Influence The Stock Price?
If you want to know who really controls Canaf Investments Inc. … Canaf Investments is not a large company by global standards. … View our latest analysis for Canaf Investments
Simply Wall St - – Full articleRead This Before You Buy Canaf Investments Inc. (CVE:CAF) Because Of Its P/E Ratio
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Canaf Investments Inc.'s (CVE:CAF) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleShould You Worry About Canaf Investments Inc's (CVE:CAF) CEO Pay Cheque?
How Does Christopher Way's Compensation Compare With Similar Sized Companies. … According to our data, Canaf Investments Inc has a market capitalization of CA$3.6m, and pays its CEO total annual compensation worth US$67k. … It is worth noting that the CEO compensation consists almost entirely of the salary, worth US$67k
Simply Wall St - – Full articleShould You Be Tempted To Buy Canaf Investments Inc (CVE:CAF) At Its Current PE Ratio?
While CAF might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … Breaking down the Price-Earnings ratio
Simply Wall St - – Full articleWhat Kind Of Risk Should You Expect For Canaf Investments Inc (CVE:CAF)?
The second risk is market-wide, which arises from investing in the stock market. … The most widely used metric to quantify a stock's market risk is beta, and the market as a whole represents a beta of one. … Any stock with a beta of greater than one is considered more volatile than the market, and those with a beta less than one is generally less volatile.
Simply Wall St - – Full articleWhat You Must Know About Canaf Investments Inc's (CVE:CAF) Financial Strength
Canaf Investments Inc (CVE:CAF) is a small-cap stock with a market capitalization of US$4.98m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleHow Financially Strong Is Canaf Group Inc (CVE:CAF)?
While small-cap stocks, such as Canaf Group Inc (CVE:CAF) with its market cap of CA$5.45m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … since poor capital management may bring about bankruptcies,
Simply Wall St - – Full articleCanaf Group Inc (TSXV:CAF): Time For A Financial Health Check
Check out our latest analysis for Canaf Group How does CAF’s operating cash flow stack up against its debt? … CAF’s high cash coverage and appropriate debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow. … Although CAF’s debt level is relatively low, it has the ability to efficiently utilise its borrowings to generate ample cash flow coverage.
Simply Wall St - – Full articleCAF Company Info
Description
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 manufacturers as a substitute product for coke. The company was formerly known as Canaf Group Inc. and changed its name to Canaf Investments Inc. in July 2018. Canaf Investments Inc. was founded in 1996 and is headquartered in Vancouver, Canada.
Details
| Name: | Canaf Investments Inc. |
| CAF | |
| Exchange: | TSXV |
| Founded: | 1996 |
| CA$4,031,226 | |
| 47,426,195 | |
| Website: | http:// www.canafinvestments.com |
| Address: |
Canaf Investments Inc. 666 Burrard Street, Suite 500, Vancouver, British Columbia, V6C 3P6, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | CAF | Common Shares | TSX Venture Exchange | CA | CAD | 24. Sep 1997 | |
| OTCPK | CAFZ.F | Common Shares | Pink Sheets LLC | US | USD | 24. Sep 1997 | |
| DB | 3CF | Common Shares | Deutsche Boerse AG | DE | EUR | 24. Sep 1997 |
Number of employees
Current staff
Industry
| Steel | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 00:06 |
| End of day share price update: | 2019/03/19 00:00 |
| Last earnings filing: | 2019/02/28 |
| Last earnings reported: | 2018/10/31 |
| Last annual earnings reported: | 2018/10/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
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