G6 Materials Corp. develops, manufactures, and markets proprietary composites and coatings based on graphene and other materials for aerospace, automotive, medical prosthetics, and military sectors worldwide.
Adequate balance sheet with weak fundamentals.
Share Price & News
How has G6 Materials's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GGG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GGG exceeded the Canadian Chemicals industry which returned -35.2% over the past year.
Return vs Market: GGG underperformed the Canadian Market which returned -12.5% over the past year.
Price Volatility Vs. Market
How volatile is G6 Materials's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHave Insiders Been Buying G6 Materials Corp. (CVE:GGG) Shares?
4 months ago | Simply Wall StHave Insiders Been Buying G6 Materials Corp. (CVE:GGG) Shares?
5 months ago | Simply Wall StDoes Market Volatility Impact G6 Materials Corp.'s (CVE:GGG) Share Price?
Is G6 Materials undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GGG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GGG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GGG is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.
PE vs Market: GGG 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 GGG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GGG is overvalued based on its PB Ratio (12x) compared to the CA Chemicals industry average (1.7x).
How is G6 Materials forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 G6 Materials 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.
- Examine G6 Materials's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- G6 Materials competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has G6 Materials performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GGG is currently unprofitable.
Growing Profit Margin: GGG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GGG is unprofitable, but has reduced losses over the past 5 years at a rate of 37.5% per year.
Accelerating Growth: Unable to compare GGG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GGG is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-41%).
Return on Equity
High ROE: GGG has a negative Return on Equity (-324.72%), as it is currently unprofitable.
How is G6 Materials's financial position?
Financial Position Analysis
Short Term Liabilities: GGG's short term assets ($322.2K) do not cover its short term liabilities ($426.8K).
Long Term Liabilities: GGG's short term assets ($322.2K) exceed its long term liabilities ($58.9K).
Debt to Equity History and Analysis
Debt Level: GGG's debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GGG's debt to equity ratio has reduced over the past 5 years.
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: GGG has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: GGG is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
What is G6 Materials's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GGG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GGG'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 GGG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Daniel Stolyarov (44yo)
Dr. Daniel Stolyarov, Ph.D serves as President of Graphene 3D Labs, Inc. and has been its Chief Executive Officer since November 15, 2018. Dr. Stolyarov had been Co-Chief Executive Officer of Graphene 3D L ...
CEO Compensation Analysis
Compensation vs Market: Daniel's total compensation ($USD120.00K) is below average for companies of similar size in the Canadian market ($USD173.09K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4yrs||no data||1.03% $44.7k|
|Director of Sales and Marketing||2yrs||no data||no data|
|Corporate Secretary||4yrs||no data||no data|
Experienced Management: GGG's management team is considered experienced (3 years average tenure).
|Independent Chairman of the Board||4.33yrs||no data||no data|
|Independent Director||3yrs||no data||no data|
Experienced Board: GGG's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GGG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.7%.
G6 Materials Corp.'s company bio, employee growth, exchange listings and data sources
- Name: G6 Materials Corp.
- Ticker: GGG
- Exchange: TSXV
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: CA$4.361m
- Shares outstanding: 96.91m
- Website: https://www.g6-materials.com
- G6 Materials Corp.
- 760 Koehler Avenue
- Suite 2
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GGG||TSXV (TSX Venture Exchange)||Yes||New Common Stock||CA||CAD||Aug 2014|
|GPHB.F||OTCPK (Pink Sheets LLC)||Yes||New Common Stock||US||USD||Aug 2014|
|G31||DB (Deutsche Boerse AG)||Yes||New Common Stock||DE||EUR||Aug 2014|
G6 Materials Corp. develops, manufactures, and markets proprietary composites and coatings based on graphene and other materials for aerospace, automotive, medical prosthetics, and military sectors worldwide. The company offers conductive graphene filament that allows users to 3D print electrically conductive components using desktop 3D printers. It provides filaments for use in 3D print circuitry and capacitive touch sensors, and for electromagnetic and radio-frequency shielding. The company, through its subsidiary, Graphene Laboratories Inc., offers graphene and related products, as well as sells its products through graphene-supermarket.com. In addition, it provides epoxies, such as adhesive materials under the G6-Epoxy brand name. It offers its 3D printable filaments through various distribution networks, as well as through the Web-store, blackmagic3D.com; and adhesive materials through g6-epoxy.com. The company was formerly known as Graphene 3D Lab Inc. and changed its name to G6 Materials Corp. in January 2020. G6 Materials Corp. is headquartered in Ronkonkoma, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 00:20|
|End of Day Share Price||2020/07/08 00:00|
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.