TSXV:GRAT

Stock Analysis Report

Executive Summary

Gratomic Inc., a junior exploration company, acquires and explores for mineral properties in Canada and Namibia.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-25.0%

GRAT

-2.3%

CA Metals and Mining

-0.3%

CA Market


1 Year Return

-85.7%

GRAT

11.3%

CA Metals and Mining

0.9%

CA Market

Return vs Industry: GRAT underperformed the Canadian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: GRAT underperformed the Canadian Market which returned 0.9% over the past year.


Share holder returns

GRATIndustryMarket
7 Day-25.0%-2.3%-0.3%
30 Day-50.0%-2.9%-2.1%
90 Day-50.0%0.5%-1.5%
1 Year-85.7%-85.7%12.3%11.3%4.4%0.9%
3 Year-80.0%-80.0%-6.6%-8.4%15.7%5.4%
5 Year-80.0%-80.0%4.8%0.8%26.1%7.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Gratomic Inc undervalued based on future cash flows and its price relative to the stock market?

0.38x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate GRAT's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate GRAT's fair value to establish if it is undervalued.


Price Based on Earnings

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

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


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: GRAT is good value based on its PB Ratio (0.4x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Gratomic Inc expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.4%

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 Gratomic Inc 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 Gratomic Inc performed over the past 5 years?

-39.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GRAT is unprofitable, and losses have increased over the past 5 years at a rate of -39.5% per year.

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

Earnings vs Industry: GRAT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-13.7%).


Return on Equity

High ROE: GRAT has a negative Return on Equity (-52.91%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Gratomic Inc's financial position?


Financial Position Analysis

Short Term Liabilities: GRAT's short term assets (CA$913.1K) exceeds its short term liabilities (CA$570.4K)

Long Term Liabilities: GRAT's short term assets (913.1K) exceeds its long term liabilities (50.0K)


Debt to Equity History and Analysis

Debt Level: GRAT's debt to equity ratio (1%) is considered satisfactory

Reducing Debt: GRAT's debt to equity ratio has reduced from 27.4% to 1% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: GRAT's debt is covered by short term assets (assets are 11.413180x 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: GRAT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: GRAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of -73% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

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

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

2.0yrs

Average management tenure


CEO

Sheldon Inwentash (63yo)

2yrs

Tenure

CA$686,796

Compensation

Mr. Sheldon Inwentash, B.Comm., CPA, CA., LL.D. (Hon) is founder of ThreeD Capital Inc. and serves as its Chairman and Chief Executive Officer since July 1998. Mr. Inwentash serves as Chairman of the board ...


CEO Compensation Analysis

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

Compensation vs Earnings: Insufficient data to compare Sheldon's compensation with company performance.


Management Age and Tenure

2.0yrs

Average Tenure

62yo

Average Age

Experienced Management: GRAT's management team is considered experienced (2 years average tenure).


Board Age and Tenure

2.1yrs

Average Tenure

Experienced Board: GRAT's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

SellCA$30,80002 May 19
ThreeD Capital Inc.
EntityCompany
Shares560,000
Max PriceCA$0.055
SellCA$81,00026 Apr 19
ThreeD Capital Inc.
EntityCompany
Shares1,350,000
Max PriceCA$0.06
BuyCA$91,84803 Apr 19
ThreeD Capital Inc.
EntityCompany
Shares1,160,000
Max PriceCA$0.08
BuyCA$36,00002 Apr 19
ThreeD Capital Inc.
EntityCompany
Shares450,000
Max PriceCA$0.08
BuyCA$24,00012 Mar 19
ThreeD Capital Inc.
EntityCompany
Shares300,000
Max PriceCA$0.08
SellCA$181,80108 Feb 19
Sheldon Inwentash
EntityIndividual
Role
Co-Chief Executive Officer
Co-CEO & Executive Chairman
Shares1,800,000
Max PriceCA$0.10
SellCA$332,67105 Feb 19
ThreeD Capital Inc.
EntityCompany
Shares3,000,000
Max PriceCA$0.11
SellCA$109,50022 Dec 18
ThreeD Capital Inc.
EntityCompany
Shares1,000,000
Max PriceCA$0.11
BuyCA$12,50014 Dec 18
Rodger Roden
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares125,000
Max PriceCA$0.10
BuyCA$150,77913 Dec 18
Arno Brand
EntityIndividual
Role
Member of the Board of Directors
Co-CEO & Director
Shares1,517,000
Max PriceCA$0.10
SellCA$13,19521 Nov 18
ThreeD Capital Inc.
EntityCompany
Shares101,500
Max PriceCA$0.13
SellCA$125,59014 Nov 18
ThreeD Capital Inc.
EntityCompany
Shares898,500
Max PriceCA$0.14

Ownership Breakdown


Management Team

  • Sheldon Inwentash (63yo)

    Co-CEO & Executive Chairman

    • Tenure: 2yrs
    • Compensation: CA$686.80k
  • Bill Johnstone (62yo)

    Corporate Secretary

    • Tenure: 3.7yrs
  • Roger Moss (55yo)

    Geological Consultant

    • Tenure: 2yrs
    • Compensation: CA$143.25k
  • Rodger Roden

    Chief Financial Officer

    • Tenure: 0.9yrs
  • Arno Brand

    Co-CEO & Director

    • Tenure: 2.1yrs
    • Compensation: CA$382.47k

Board Members

  • Sheldon Inwentash (63yo)

    Co-CEO & Executive Chairman

    • Tenure: 2yrs
    • Compensation: CA$686.80k
  • Steve Gray

    Director

    • Tenure: 1.8yrs
  • Gerry Feldman (60yo)

    Director

    • Tenure: 0.6yrs
  • Michel Boily

    Member of Technical Advisory Board

    • Tenure: 6.7yrs
  • Ian Flint

    Technical Advisor

    • Tenure: 0yrs
    • Compensation: CA$20.00k
  • Don McKinnon

    Member of Technical Advisory Board

    • Tenure: 6.3yrs
  • Arno Brand

    Co-CEO & Director

    • Tenure: 2.1yrs
    • Compensation: CA$382.47k
  • Jakson Inwentash

    Director

    • Tenure: 0.2yrs

Company Information

Gratomic Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gratomic Inc.
  • Ticker: GRAT
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$2.545m
  • Shares outstanding: 169.67m
  • Website: https://www.gratomic.ca

Location

  • Gratomic Inc.
  • 130 Spadina Avenue
  • Suite 401
  • Toronto
  • Ontario
  • ON M5V
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GRATTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2008
CB81DB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2008
CBUL.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2008

Biography

Gratomic Inc., a junior exploration company, acquires and explores for mineral properties in Canada and Namibia. It owns interests in the Aukam graphite project located in the district of Bethanie, Karas r ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 02:06
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
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.

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