Executive Summary
Canaf Investments Inc., together with its subsidiaries, processes anthracite coal into de-volatized (calcined) anthracite in South Africa.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
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
0%
CAF
6.7%
CA Metals and Mining
11.7%
CA Market
1 Year Return
-56.3%
CAF
-10.8%
CA Metals and Mining
-26.0%
CA Market
Return vs Industry: CAF underperformed the Canadian Metals and Mining industry which returned -10.8% over the past year.
Return vs Market: CAF underperformed the Canadian Market which returned -26% over the past year.
Shareholder returns
| CAF | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 6.7% | 11.7% |
| 30 Day | -36.4% | -8.8% | -21.9% |
| 90 Day | -36.4% | -17.2% | -26.6% |
| 1 Year | -56.3%-56.3% | -10.2%-10.8% | -23.6%-26.0% |
| 3 Year | -50.0%-50.0% | -17.5%-19.0% | -15.8%-23.6% |
| 5 Year | -56.3%-56.3% | 5.1%2.1% | -3.5%-17.8% |
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
2 weeks ago | Simply Wall St
Read This Before You Buy Canaf Investments Inc. (CVE:CAF) Because Of Its P/E Ratio1 month ago | Simply Wall St
How Much Did Canaf Investments Inc.'s (CVE:CAF) CEO Pocket Last Year?2 months ago | Simply Wall St
Canaf Investments Inc. (CVE:CAF) Earns A Nice Return On Capital EmployedValuation
Is Canaf Investments undervalued compared to its fair value and its price relative to the market?
3.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CAF (CA$0.04) is trading above our estimate of fair value (CA$0.02)
Significantly Below Fair Value: CAF is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CAF is good value based on its PE Ratio (3.2x) compared to the Metals and Mining industry average (12.1x).
PE vs Market: CAF is good value based on its PE Ratio (3.2x) compared to the Canadian market (10.6x).
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 (0.3x) compared to the CA Metals and Mining industry average (1.1x).
Next Steps
Future Growth
How is Canaf Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.5%
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 Canaf Investments 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.
Next Steps
- Examine whether Canaf Investments is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Canaf Investments competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has Canaf Investments performed over the past 5 years?
22.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAF has high quality earnings.
Growing Profit Margin: CAF's current net profit margins (3.1%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: CAF's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: CAF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CAF had negative earnings growth (-30%) over the past year, making it difficult to compare to the Metals and Mining industry average (16.5%).
Return on Equity
High ROE: CAF's Return on Equity (12.5%) is considered low.
Next Steps
Financial Health
How is Canaf Investments's financial position?
Financial Position Analysis
Short Term Liabilities: CAF's short term assets ($3.1M) exceed its short term liabilities ($822.0K).
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 11.3%.
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
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
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average board tenure
CEO
Christopher Way
8.75s
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 ($USD159.52K).
Compensation vs Earnings: Christopher's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.75yrs | US$129.35k | 16.53% $274.5k | |
| CFO & Director | 1.67yrs | US$42.65k | no data | |
| Chairman of the Board | 8.75yrs | US$57.57k | 6.22% $103.2k | |
| Non Executive Director | 0.67yr | no data | no data |
5.2yrs
Average Tenure
Experienced Board: CAF's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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
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$1.660m
- 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. The company offers calcined anthracite to steel and ferromanganese manufacturers as a substitute product for coke. It also acquires, redevelops, and rents real estate properties primarily targeting the student and affordable housing market. Canaf Investments Inc. operates in Canada, South Africa, and the United Kingdom. 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 02:26 |
| End of Day Share Price | 2020/03/26 00:00 |
| Earnings | 2020/01/31 |
| Annual Earnings | 2019/10/31 |
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.