TSXV:CVX

Stock Analysis Report

Executive Summary

CEMATRIX Corporation, through its subsidiaries, manufactures and supplies cellular concrete products for various applications in Canada and the United States.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has CEMATRIX's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CVX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.6%

CVX

1.2%

CA Basic Materials

0.3%

CA Market


1 Year Return

114.6%

CVX

29.4%

CA Basic Materials

5.5%

CA Market

Return vs Industry: CVX exceeded the Canadian Basic Materials industry which returned 29.3% over the past year.

Return vs Market: CVX exceeded the Canadian Market which returned 5.8% over the past year.


Shareholder returns

CVXIndustryMarket
7 Day8.6%1.2%0.3%
30 Day15.8%2.7%0.5%
90 Day63.0%12.8%3.5%
1 Year114.6%114.6%30.6%29.4%8.8%5.5%
3 Year51.7%51.7%15.5%12.7%14.8%4.5%
5 Year109.5%109.5%76.7%69.3%34.1%14.5%

Price Volatility Vs. Market

How volatile is CEMATRIX's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CEMATRIX undervalued compared to its fair value and its price relative to the market?

4.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CVX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CVX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CVX is unprofitable, so we can't compare its PE Ratio to the Basic Materials industry average.

PE vs Market: CVX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CVX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CVX is overvalued based on its PB Ratio (4.1x) compared to the CA Basic Materials industry average (1x).


Next Steps

Future Growth

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

19.0%

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 CEMATRIX 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

Past Performance

How has CEMATRIX performed over the past 5 years?

-35.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CVX is currently unprofitable.

Growing Profit Margin: CVX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CVX is unprofitable, and losses have increased over the past 5 years at a rate of -35.8% per year.

Accelerating Growth: Unable to compare CVX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CVX is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (1.2%).


Return on Equity

High ROE: CVX has a negative Return on Equity (-12.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is CEMATRIX's financial position?


Financial Position Analysis

Short Term Liabilities: CVX's short term assets (CA$9.6M) exceed its short term liabilities (CA$8.0M).

Long Term Liabilities: CVX's short term assets (CA$9.6M) exceed its long term liabilities (CA$8.9M).


Debt to Equity History and Analysis

Debt Level: CVX's debt to equity ratio (161.3%) is considered high.

Reducing Debt: CVX's debt to equity ratio has increased from 114.6% to 161.3% over the past 5 years.


Balance Sheet

Inventory Level: CVX has a high level of physical assets or inventory.

Debt Coverage by Assets: CVX's debt is not covered by short term assets (assets are 1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CVX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CVX has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 2.6% each year.


Next Steps

Dividend

What is CEMATRIX's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CVX'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 CVX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CVX'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 CVX'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?

11.6yrs

Average board tenure


CEO

Jeff Kendrick 0

11.7yrs

Tenure

CA$160,736

Compensation

Mr. Jeffery Norman Kendrick, also known as Jeff, C.A. CPA, has been the Chief Executive Officer and President of Cematrix Corporation since June 19, 2008. Mr. Kendrick serves as President of Cematrix Canad ...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD121.50K) is about average for companies of similar size in the Canadian market ($USD155.16K).

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


Board Members

NamePositionTenureCompensationOwnership
Jeffery Kendrick
Chairman11.7yrsCA$160.74k4.39% CA$1.1m
Stephen Bjornson
Independent Director11.6yrsno data0.042% CA$11.0k
Daniel Koyich
Independent Director11.6yrsno data0.12% CA$30.8k
Minaz Lalani
Independent Director9.9yrsno data1.11% CA$289.3k
Patrick Breen
Independent Director11.6yrsno data0.22% CA$57.2k
Robert Benson
Independent Director11.6yrsno data0.35% CA$92.4k
Edward Weiner
Independent Director1.8yrsCA$11.67k3.95% CA$1.0m

11.6yrs

Average Tenure

Experienced Board: CVX's board of directors are seasoned and experienced ( 11.6 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 been diluted in the past year, with total shares outstanding growing by 23.1%.


Top Shareholders

Company Information

CEMATRIX Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CEMATRIX Corporation
  • Ticker: CVX
  • Exchange: TSXV
  • Founded: 1998
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: CA$26.086m
  • Shares outstanding: 59.29m
  • Website: https://www.cematrix.com

Location

  • CEMATRIX Corporation
  • 5440-53rd Street SE
  • Calgary
  • Alberta
  • T2C 4B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVXTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2006
CTXX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2006
CMPDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2006

Biography

CEMATRIX Corporation, through its subsidiaries, manufactures and supplies cellular concrete products for various applications in Canada and the United States. Its cellular concrete products are used in retaining wall, bridge approach backfill, roadways and runways, and slope stabilization; oil and gas facilities, shallow utilities, and thermal remediation; and tunnel grout, slipline and annular grout, pipe abandonment, and flowable fills applications. CEMATRIX Corporation was founded in 1998 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 00:11
End of Day Share Price2020/02/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.