TSXV:DBV

Stock Analysis Report

Doubleview Capital

Executive Summary

Doubleview Capital Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.1%

DBV

0.5%

CA Metals and Mining

0.2%

CA Market


1 Year Return

0%

DBV

15.0%

CA Metals and Mining

3.5%

CA Market

Return vs Industry: DBV underperformed the Canadian Metals and Mining industry which returned 15% over the past year.

Return vs Market: DBV underperformed the Canadian Market which returned 3.5% over the past year.


Shareholder returns

DBVIndustryMarket
7 Day-9.1%0.5%0.2%
30 Day0%-8.9%-3.3%
90 Day11.1%-8.0%-1.9%
1 Year0%0%15.9%15.0%7.3%3.5%
3 Year53.8%53.8%-11.6%-13.2%14.7%4.4%
5 Year-41.2%-41.2%15.4%11.6%26.2%7.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.13x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: DBV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: DBV 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 DBV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DBV is overvalued based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

38.7%

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 Doubleview Capital 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 Doubleview Capital performed over the past 5 years?

2.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DBV is unprofitable, but has reduced losses over the past 5 years at a rate of 2.4% per year.

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

Earnings vs Industry: DBV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-11.9%).


Return on Equity

High ROE: DBV has a negative Return on Equity (-15.71%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: DBV is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: DBV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Doubleview Capital's financial position?


Financial Position Analysis

Short Term Liabilities: DBV's short term assets (CA$238.3K) exceeds its short term liabilities (CA$222.2K)

Long Term Liabilities: DBV has no long term liabilities


Debt to Equity History and Analysis

Debt Level: DBV is debt free.

Reducing Debt: DBV had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if DBV's debt is covered by short term assets.


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: DBV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: DBV has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.3% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if DBV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DBV'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 DBV'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 Doubleview Capital's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Farshad Shirvani (52yo)

8.3yrs

Tenure

CA$124,800

Compensation

Mr. Farshad Shirvani, M.Sc. Geol. has been the Chief Executive Officer, President at Casa Minerals Inc. since December 5, 2017. Mr. Shirvani has been Director of Casa Minerals Inc since December 20, 2007.  ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Farshad's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: DBV's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

8.3yrs

Average Tenure

52yo

Average Age

Experienced Board: DBV's board of directors are considered experienced (8.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$1,60005 Mar 19
Bryan Wilson
EntityIndividual
Role
Lead Director
Lead Director
Shares10,000
Max PriceCA$0.16
SellCA$2,25009 Feb 19
Bryan Wilson
EntityIndividual
Role
Lead Director
Lead Director
Shares15,000
Max PriceCA$0.15
BuyCA$118,80101 Feb 19
Farshad Shirvani
EntityIndividual
Role
Chief Executive Officer
President
Shares1,188,000
Max PriceCA$0.10
BuyCA$1,50024 Jan 19
Bryan Wilson
EntityIndividual
Role
Lead Director
Lead Director
Shares12,000
Max PriceCA$0.13

Ownership Breakdown


Management Team

  • Farshad Shirvani (52yo)

    President

    • Tenure: 8.3yrs
    • Compensation: CA$124.80k
  • Chris Cherry (40yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
    • Compensation: CA$12.93k
  • Erik Ostensoe

    Geological Consultant

    • Tenure: 0.8yrs

Board Members

  • Bryan Wilson (69yo)

    Lead Director

    • Tenure: 1.8yrs
  • Andrew Rees (40yo)

    Independent Director

    • Tenure: 8.3yrs
  • Farshad Shirvani (52yo)

    President

    • Tenure: 8.3yrs
    • Compensation: CA$124.80k
  • Hugh Maddin

    Director

    • Tenure: 0yrs

Company Information

Doubleview Capital Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Doubleview Capital Corp.
  • Ticker: DBV
  • Exchange: TSXV
  • Founded: 2008
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$11.107m
  • Shares outstanding: 111.07m
  • Website: https://www.doubleview.ca

Location

  • Doubleview Capital Corp.
  • 880-409 Granville Street
  • Vancouver
  • British Columbia
  • V6C 1T2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DBVTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2010
1D4DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2010
DBLV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2010

Biography

Doubleview Capital Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada. It explores for copper, gold, silver, and zinc deposits. The company holds intere ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:14
End of Day Share Price2019/10/22 00:00
Earnings2019/05/31
Annual Earnings2019/02/28


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.