TSXV:KZD

Stock Analysis Report

Executive Summary

Kaizen Discovery Inc. explores for and develops mineral projects in Peru and Canada.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Kaizen Discovery's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KZD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

9.1%

KZD

-1.5%

CA Metals and Mining

-3.8%

CA Market


1 Year Return

20.0%

KZD

4.9%

CA Metals and Mining

0.5%

CA Market

Return vs Industry: KZD exceeded the Canadian Metals and Mining industry which returned 4.9% over the past year.

Return vs Market: KZD exceeded the Canadian Market which returned 0.5% over the past year.


Shareholder returns

KZDIndustryMarket
7 Day9.1%-1.5%-3.8%
30 Day-14.3%3.2%-2.0%
90 Day100.0%10.2%-0.3%
1 Year20.0%20.0%5.6%4.9%3.7%0.5%
3 Year-73.9%-73.9%-1.9%-3.6%13.6%3.4%
5 Year-73.9%-73.9%28.2%24.6%30.2%11.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Kaizen Discovery undervalued compared to its fair value and its price relative to the market?

11.74x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: KZD is overvalued based on its PB Ratio (11.7x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

13.7%

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 Kaizen Discovery 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 Kaizen Discovery performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KZD is currently unprofitable.

Growing Profit Margin: KZD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KZD is unprofitable, but has reduced losses over the past 5 years at a rate of 22.3% per year.

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

Earnings vs Industry: KZD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: KZD has a negative Return on Equity (-191.18%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Kaizen Discovery's financial position?


Financial Position Analysis

Short Term Liabilities: KZD's short term assets (CA$978.0K) do not cover its short term liabilities (CA$1.2M).

Long Term Liabilities: KZD's short term assets (CA$978.0K) do not cover its long term liabilities (CA$1.6M).


Debt to Equity History and Analysis

Debt Level: KZD is debt free.

Reducing Debt: KZD had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if KZD'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: KZD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KZD has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.6% each year.


Next Steps

Dividend

What is Kaizen Discovery's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if KZD'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 KZD's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Eric Finlayson (58yo)

0.2yrs

Tenure

CA$14,000

Compensation

Mr. Eric Finlayson, BSc (Hons) Applied geology, has been President and Chief Executive Officer of Cordoba Minerals Corporation since April 1, 2019. Mr. Finlayson serves as Interim Chief Executive officer a ...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD10.54K) is below average for companies of similar size in the Canadian market ($USD155.12K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Eric Finlayson
Interim Chairman0.2yrsCA$14.00kno data
Gregory Shenton
Chief Financial Officer1.8yrsCA$136.24kno data
Gustavo Zulliger
Vice President of Exploration2.8yrsCA$256.19kno data
Mark Gibson
Chief Operating Officer3.8yrsno datano data
Mary Vincelli
Corporate Secretary0yrsno data0.0032% CA$649.6
David Broughton
Consultant3.8yrsCA$283.67kno data
Charles Forster
Technical Advisor2.8yrsno datano data

2.8yrs

Average Tenure

58yo

Average Age

Experienced Management: KZD's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Finlayson
Interim Chairman0.2yrsCA$14.00kno data
Terry Krepiakevich
Independent Director8.9yrsCA$22.00k0.022% CA$4.5k
David Boehm
Independent Director3.7yrsCA$16.00k0.15% CA$30.7k

3.7yrs

Average Tenure

61yo

Average Age

Experienced Board: KZD's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Kaizen Discovery Inc.
  • Ticker: KZD
  • Exchange: TSXV
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$20.622m
  • Shares outstanding: 317.25m
  • Website: https://www.kaizendiscovery.com

Location

  • Kaizen Discovery Inc.
  • World Trade Centre
  • 999 Canada Place
  • Vancouver
  • British Columbia
  • V6C 3E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KZDTSXV (TSX Venture Exchange)YesOrdinary SharesCACADAug 2007
3W31DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 2007
CCNC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDAug 2007

Biography

Kaizen Discovery Inc. explores for and develops mineral projects in Peru and Canada. It holds interests in the Pinaya Copper-Gold Project that covers an area of 192 square kilometers and includes 28 kilometers of strike length within the Andahuaylas – Yauri Porphyry Belt in southeastern Peru. The company is headquartered in Vancouver, Canada. As of December 31, 2018, Kaizen Discovery Inc. operates as a subsidiary of HPX TechCo Inc. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 00:56
End of Day Share Price2020/02/25 00:00
Earnings2019/09/30
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.