TSXV:LX.H

Stock Analysis Report

Executive Summary

Lincoln Ventures Ltd. does not have significant operations.

Snowflake

Fundamentals

Poor track record with worrying balance sheet.

Share Price & News

How has Lincoln Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

LX.H

2.8%

CA Basic Materials

0.3%

CA Market


1 Year Return

n/a

LX.H

36.3%

CA Basic Materials

8.5%

CA Market

Return vs Industry: Insufficient data to determine how LX.H performed against the Canadian Basic Materials industry.

Return vs Market: Insufficient data to determine how LX.H performed against the Canadian Market.


Shareholder returns

LX.HIndustryMarket
7 Day0%2.8%0.3%
30 Day0%-1.5%3.1%
90 Day0%3.6%3.6%
1 Yearn/a37.5%36.3%12.1%8.5%
3 Year-99.1%-99.1%10.8%8.2%16.4%6.0%
5 Yearn/a90.7%82.9%27.3%8.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Lincoln Ventures undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Lincoln Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Lincoln Ventures has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of LX.H’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Lincoln Ventures regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

19.8%

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 Lincoln Ventures 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 Lincoln Ventures performed over the past 5 years?

27.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LX.H has high quality earnings.

Growing Profit Margin: LX.H is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LX.H is unprofitable, but has reduced losses over the past 5 years at a rate of 27.7% per year.

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

Earnings vs Industry: LX.H is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (-19.9%).


Return on Equity

High ROE: LX.H's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lincoln Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: LX.H has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LX.H has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: LX.H is debt free.

Reducing Debt: LX.H's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: LX.H has a low level of unsold assets or inventory.

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

Forecast Cash Runway: LX.H has less than a year of cash runway if free cash flow continues to grow at historical rates of 36.8% each year.


Next Steps

Dividend

What is Lincoln Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.8%industryaverage0.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if LX.H'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 LX.H'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 Lincoln Ventures's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Lincoln Ventures has no CEO, or we have no data on them.


Management Age and Tenure

3.1yrs

Average Tenure

53yo

Average Age

Experienced Management: LX.H's management team is considered experienced (3.1 years average tenure).


Board Age and Tenure

3.1yrs

Average Tenure

59yo

Average Age

Experienced Board: LX.H's board of directors are considered experienced (3.1 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 been substantially diluted in the past year, with total shares outstanding growing by 169.7%.


Management Team

  • John Proust (59yo)

    President & Executive Director

    • Tenure: 4.3yrs
    • Compensation: CA$90.00k
  • Bill Fenech

    Strategic Advisor

    • Tenure: 2.8yrs
  • Eileen Au (53yo)

    Corporate Secretary

    • Tenure: 4.3yrs
    • Compensation: CA$36.00k
  • Nick Deeter

    Chief Strategy Officer

    • Tenure: 3.4yrs
  • Vince Boon (38yo)

    Chief Financial Officer

    • Tenure: 3.1yrs
    • Compensation: CA$48.00k

Board Members

  • John Proust (59yo)

    President & Executive Director

    • Tenure: 4.3yrs
    • Compensation: CA$90.00k
  • Murray Flanigan (53yo)

    Independent Director

    • Tenure: 3.1yrs
  • John McCoach (60yo)

    Director

    • Tenure: 0.4yrs

Company Information

Lincoln Ventures Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lincoln Ventures Ltd.
  • Ticker: LX.H
  • Exchange: TSXV
  • Founded: 2002
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: CA$2.430m
  • Shares outstanding: 20.25m
  • Website: https://www.tekmodo.com

Number of Employees


Location

  • Lincoln Ventures Ltd.
  • 669 Howe Street
  • Suite 650
  • Vancouver
  • British Columbia
  • V6C 0B4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LX.HTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 2015
TEKX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 2015

Biography

Lincoln Ventures Ltd. does not have significant operations. The company is seeking new opportunities. Previously, it was engaged in the manufacture and distribution of advanced composite materials. The com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/19 01:15
End of Day Share Price2019/08/21 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.