TSXV:FNC

Stock Analysis Report

Fancamp Exploration

Executive Summary

Fancamp Exploration Ltd., a junior mineral exploration company, explores for mineral properties in Canada.

Rewards

Trading at 70% below its fair value

Earnings grew by 726% over the past year

Risk Analysis

High level of non-cash earnings

Makes less than USD$1m in revenue (CA$-100K)

Does not have a meaningful market cap (CA$8M)

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FNC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

FNC

-0.9%

CA Metals and Mining

-0.08%

CA Market


1 Year Return

0%

FNC

21.9%

CA Metals and Mining

10.8%

CA Market

Return vs Industry: FNC underperformed the Canadian Metals and Mining industry which returned 21.9% over the past year.

Return vs Market: FNC underperformed the Canadian Market which returned 10.8% over the past year.


Shareholder returns

FNCIndustryMarket
7 Day0%-0.9%-0.08%
30 Day-23.1%2.5%0.01%
90 Day-23.1%-1.2%1.2%
1 Year0%0%22.9%21.9%14.4%10.8%
3 Year25.0%25.0%4.6%2.7%15.0%4.6%
5 Year25.0%25.0%40.1%35.8%40.1%19.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FNC (CA$0.05) is trading below our estimate of fair value (CA$0.17)

Significantly Below Fair Value: FNC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FNC is good value based on its PE Ratio (4.9x) compared to the Metals and Mining industry average (13.7x).

PE vs Market: FNC is good value based on its PE Ratio (4.9x) compared to the Canadian market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FNC is good value based on its PB Ratio (0.3x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

17.2%

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 Fancamp Exploration 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 Fancamp Exploration performed over the past 5 years?

46.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FNC has a high level of non-cash earnings.

Growing Profit Margin: FNC's current net profit margins (-1561.5%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: FNC has become profitable over the past 5 years, growing earnings by 46.7% per year.

Accelerating Growth: FNC's earnings growth over the past year (726%) exceeds its 5-year average (46.7% per year).

Earnings vs Industry: FNC earnings growth over the past year (726%) exceeded the Metals and Mining industry 4.1%.


Return on Equity

High ROE: FNC's Return on Equity (5.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Fancamp Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: FNC's short term assets (CA$19.2M) exceed its short term liabilities (CA$1.9M).

Long Term Liabilities: FNC's short term assets (CA$19.2M) exceed its long term liabilities (CA$3.2M).


Debt to Equity History and Analysis

Debt Level: FNC is debt free.

Reducing Debt: FNC had no debt 5 years ago.

Debt Coverage: FNC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FNC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

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

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

7.2yrs

Average management tenure


CEO

Peter Smith 0

5.8yrs

Tenure

CA$278,656

Compensation

Dr. Peter Henderson Smith, PhD, PEng, has been Chairman of the Board at Fancamp Exploration Ltd. since October 26, 2012 and also its Chief Executive Officer and President since March 11, 2014. Dr. Smith ha ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD210.66K) is above average for companies of similar size in the Canadian market ($USD136.07K).

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


Management Age and Tenure

7.2yrs

Average Tenure

Experienced Management: FNC's management team is seasoned and experienced (7.2 years average tenure).


Board Age and Tenure

6.7yrs

Average Tenure

64yo

Average Age

Experienced Board: FNC's board of directors are considered experienced (6.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Debra Chapman

    Chief Financial Officer

    • Tenure: 9.2yrs
    • Compensation: CA$85.99k
  • Peter Smith

    Chairman

    • Tenure: 5.8yrs
    • Compensation: CA$278.66k
  • Sébastien Vézina (45yo)

    Corporate Secretary

    • Tenure: 7.2yrs
  • Fouad Kamaleddine

    Vice President of Research & Development

    • Tenure: 7.2yrs
    • Compensation: CA$245.94k

Board Members

  • John Harvey (83yo)

    Member of Advisory Board

    • Tenure: 9.3yrs
  • Mac Watson (83yo)

    Member of Advisory Board

    • Tenure: 9.3yrs
  • Ali Al Hazeem

    Member of Advisory Board

    • Tenure: 5.3yrs
  • Paul Ankcorn (64yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: CA$24.00k
  • Peter Smith

    Chairman

    • Tenure: 5.8yrs
    • Compensation: CA$278.66k
  • Michael Sayer

    Member of Advisory Board

    • Tenure: 0yrs
    • Compensation: CA$25.60k
  • Ashwath Mehra (54yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: CA$31.14k
  • Mark Billings (49yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: CA$24.00k
  • Dallas Davis

    Member of Advisory Board

    • Tenure: 0.3yrs

Company Information

Fancamp Exploration Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fancamp Exploration Ltd.
  • Ticker: FNC
  • Exchange: TSXV
  • Founded: 1986
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$7.698m
  • Shares outstanding: 153.95m
  • Website: https://www.fancampexplorationltd.ca

Location

  • Fancamp Exploration Ltd.
  • 7290 Gray Avenue
  • Burnaby
  • British Columbia
  • V5J 3Z2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNCTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 1988
3F9DB (Deutsche Boerse AG)YesCommon SharesDEEURSep 1988
FNCJ.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 1988

Biography

Fancamp Exploration Ltd., a junior mineral exploration company, explores for mineral properties in Canada. The company explores for gold, base metals, chromium, titanium, iron, and silica. It has mineral p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 23:35
End of Day Share Price2019/12/09 00:00
Earnings2019/07/31
Annual Earnings2019/04/30


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.