Megastar Development Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada and Mexico.
+ 2 more risks
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Megastar Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MDV's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: MDV exceeded the Canadian Metals and Mining industry which returned 2.2% over the past year.
Return vs Market: MDV exceeded the Canadian Market which returned -2% over the past year.
Price Volatility Vs. Market
How volatile is Megastar Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Kind Of Shareholder Owns Most Megastar Development Corp. (CVE:MDV) Stock?
3 months ago | Simply Wall StWill Megastar Development (CVE:MDV) Spend Its Cash Wisely?
2 years ago | Simply Wall StHow Should You Think About Megastar Development Corp's (TSXV:MDV) Risks?
Is Megastar Development 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 MDV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MDV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MDV is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: MDV 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 MDV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MDV is overvalued based on its PB Ratio (3.7x) compared to the CA Metals and Mining industry average (1.5x).
How is Megastar Development 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 Megastar Development 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 Megastar Development'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.
- Megastar Development competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Megastar Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MDV is currently unprofitable.
Growing Profit Margin: MDV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MDV is unprofitable, and losses have increased over the past 5 years at a rate of -46% per year.
Accelerating Growth: Unable to compare MDV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MDV 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: MDV has a negative Return on Equity (-42.93%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Megastar Development's financial position?
Financial Position Analysis
Short Term Liabilities: MDV's short term assets (CA$261.8K) exceed its short term liabilities (CA$65.4K).
Long Term Liabilities: MDV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDV is debt free.
Reducing Debt: MDV has not had any debt for past 5 years.
Inventory Level: MDV has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MDV'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: MDV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MDV has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.5% each year
What is Megastar Development's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MDV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MDV'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 MDV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MDV'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 MDV'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
Dušan Berka (73yo)
Mr. Dušan Berka, P.Eng. serve as Board of Directors at Prospera Energy Inc. since December 2019. Mr. Berka has been the Chief Executive Officer and President of Megastar Development Corp. since May 22, 200 ...
CEO Compensation Analysis
Compensation vs Market: Dušan's total compensation ($USD26.94K) is below average for companies of similar size in the Canadian market ($USD157.16K).
Compensation vs Earnings: Dušan's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||8.4yrs||CA$40.83k||no data|
|Head of Program Design and Quality Control -Exploration||0yrs||no data||no data|
|Corporate Secretary||0.6yrs||no data||no data|
Experienced Management: MDV's management team is seasoned and experienced (8.4 years average tenure).
|Independent Director||0.7yrs||no data||1.13% CA$47.5k|
|Technical Advisor||11yrs||no data||no data|
|Independent Director||1.5yrs||CA$68.64k||0.61% CA$25.6k|
|Independent Director||7.3yrs||no data||2.83% CA$118.8k|
Experienced Board: MDV's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MDV 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 27.7%.
Megastar Development Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Megastar Development Corp.
- Ticker: MDV
- Exchange: TSXV
- Founded: 1984
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$4.193m
- Shares outstanding: 44.13m
- Website: https://www.megastardevelopment.com
- Megastar Development Corp.
- 789 West Pender Street
- Suite 1450
- British Columbia
- V6C 1H2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MDV||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jan 1989|
|MSTX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1989|
Megastar Development Corp., an exploration stage company, acquires, explores for, and develops mineral properties in Canada and Mexico. It owns a 100% interest in the Ralleau copper-zinc property that comprises 59 mineral claims covering an area of approximately 3,324 hectares located in Quevillon, Quebec. The company also has an option agreement to acquire 100% interests in the Rama de Oro, Yautepec, and Magdalena projects located in Oaxaca, Mexico. Megastar Development Corp. was incorporated in 1984 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:13|
|End of Day Share Price||2020/02/27 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.