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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Discovery Metals. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Discovery Metals's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Discovery Metals 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Discovery Metals's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Discovery Metals's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Discovery Metals's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Discovery Metals is high growth as no earnings estimate data is available.
Unable to determine if Discovery Metals is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Discovery Metals'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)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Discovery Metals's finances.
The net worth of a company is the difference between its assets and liabilities.
Discovery Metals is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Discovery Metals has no long term commitments.
This treemap shows a more detailed breakdown of
Discovery Metals's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Discovery Metals has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Taj Preet Singh, M.Eng, P.Eng, CPA, has been Chief Executive Officer, President and Director at Discovery Metals Corp since August 17, 2017. Mr. Singh has been Vice President of Engineering, Projects & Business Development at Timmins Gold Corp. (now Alio Gold Inc.) since February 17, 2017. He has 15 years of experience in the minerals sector. He industry experience includes operations and development projects in Canada, Indonesia, New Caledonia and Brazil. Mr. Singh served as Vice President of Engineering & Projects Development at Timmins Gold Corp. since February 12, 2016 until February 17, 2017. Mr. Singh served as Vice President of Engineering & Project Development at Timmins Gold Corp., since August 21, 2015 until February 12, 2016. Mr. Singh served as Vice President of Business Development of Timmins Gold Corp., from September 9, 2012 to August 21, 2015. Mr. Singh served as publishing Mining Equity Research Analyst at Macquarie Capital Markets. He served as Vice President and Mining Equity Research Analyst at Macquarie Capital Markets in Toronto. He was a Research Analyst at Macquarie Research until August 31, 2012. He served as a Mining Analyst at Macquarie Capital Markets in Toronto, covering precious metals producers and developers. He spent 10 years at Inco and Vale involved in process engineering, capital budgeting and feasibility study preparation related to nickel and iron ore projects. During that time he worked on mining operations and projects in Canada, Brazil and New Caledonia and at refineries in China and Wales. He has been a Director at GT Gold Corp. since November 10, 2016. He served as a Director at Manera Capital Corp. since November 2016. He served as a Non-Executive Director of Nevada Iron Limited since April 29, 2013 until June 21, 2016. Mr. Singh is a member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the Society of Management Accountants of Canada (CMA). He is well known in the North American capital markets. He is a Professional Engineer (P.Eng.). He holds a Bachelor of Applied Science and Engineering (Metallurgy) from the University of Toronto and a Master of Engineering (Metallurgy) from McMaster University.
Insufficient data for Taj to compare compensation growth.
Taj's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Discovery Metals management team is less than 2 years, this suggests a new team.
CFO & Corporate Secretary
Vice-President of Exploration
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Discovery Metals board of directors is less than 3 years, this suggests a new board.
Could The Discovery Metals Corp. (CVE:DSV) Ownership Structure Tell Us Something Useful?
A look at the shareholders of Discovery Metals Corp. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Discovery Metals is a smaller company with a market capitalization of CA$13m, so it may still be flying under the radar of many institutional investors.
What You Must Know About Discovery Metals Corp's (CVE:DSV) Major Investors
In this analysis, my focus will be on developing a perspective on Discovery Metals Corp’s (CVE:DSV) latest ownership structure, a less discussed, but important factor. … Ownership structure of a company has been found to affect share performance over time. … View out our latest analysis for Discovery Metals
Should You Be Concerned About Discovery Metals Corp's (CVE:DSV) Investors?
This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in DSV should also look at another important group of investors: private companies, with a stake of 0.15%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership in DSV is not at a level that would concern investors.
Future Outlook Of The Basic Materials Industry And Discovery Metals Corp (TSXV:DSV)
Discovery Metals Corp (TSXV:DSV), a CADCA$46.83M small-cap, is a metals and mining operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … TSXV:DSV Growth In Earnings Nov 14th 17 Overall, the basic materials sector seems to be predominantly mature in terms of its industry life cycle. … TSXV:DSV PE PEG Gauge Nov 14th 17 metals and mining companies are typically trading at a PE of 11x, below the broader Canadian stock market PE of 17x.
Who Are Discovery Metals Corp's (TSXV:DSV) Major Shareholders?
This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in DSV should also look at another important group of investors: private companies, with a stake of 0.15%, who are primarily invested because of strategic and capital gain interests.
Discovery Metals Corp., a mineral exploration company, engages in the exploration and development of polymetallic deposits primarily in Mexico. The company explores for silver, zinc, and lead deposits. It has a portfolio of seven principal properties with a land package of approximately 3000 square kilometers located in Coahuila State. The company was formerly known as Ayubowan Capital Ltd. and changed its name to Discovery Metals Corp. in June 2017. Discovery Metals Corp. was incorporated in 1986 and is headquartered in Toronto, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.