TSXV:NGC

Stock Analysis Report

Northern Graphite

Executive Summary

Northern Graphite Corporation explores for and develops mineral properties in Canada.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Northern Graphite's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

7.3%

NGC

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

7.3%

NGC

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: NGC exceeded the Canadian Metals and Mining industry which returned 5.4% over the past year.

Return vs Market: NGC exceeded the Canadian Market which returned 4.5% over the past year.


Shareholder returns

NGCIndustryMarket
7 Day7.3%3.5%-1.5%
30 Day0%5.0%-0.7%
90 Day266.7%14.3%1.8%
1 Year7.3%7.3%7.5%6.8%5.7%2.5%
3 Year-31.3%-31.3%2.8%1.0%16.8%6.2%
5 Year-73.2%-73.2%29.1%25.4%32.0%12.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Northern Graphite undervalued compared to its fair value and its price relative to the market?

0.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NGC is good value based on its PB Ratio (1x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

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

13.0%

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 Northern Graphite 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 Northern Graphite performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NGC is currently unprofitable.

Growing Profit Margin: NGC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NGC is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% per year.

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

Earnings vs Industry: NGC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: NGC has a negative Return on Equity (-4.35%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Northern Graphite's financial position?


Financial Position Analysis

Short Term Liabilities: NGC's short term assets (CA$1.6M) exceed its short term liabilities (CA$130.2K).

Long Term Liabilities: NGC's short term assets (CA$1.6M) exceed its long term liabilities (CA$340.1K).


Debt to Equity History and Analysis

Debt Level: NGC is debt free.

Reducing Debt: NGC has not had any debt for past 5 years.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if NGC'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: NGC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: NGC has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 22.1% each year.


Next Steps

Dividend

What is Northern Graphite's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if NGC'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 NGC'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?

9.4yrs

Average board tenure


CEO

Gregory Bowes (64yo)

10.8yrs

Tenure

CA$283,200

Compensation

Mr. Gregory Borden Bowes, also known as Greg, Hons. B.Sc. (Geology), MBA, P.Geo has been the Chief Executive Officer of Northern Graphite Corporation since May 1, 2009 and served as its Chief Financial Off ...


CEO Compensation Analysis

Compensation vs Market: Gregory's total compensation ($USD214.32K) is above average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Gregory's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Gregory Bowes
CEO & Director10.8yrsCA$283.20k2.8% CA$428.4k
K. Raman
Independent Director9.4yrsCA$48.20k0.42% CA$63.8k
W. Birge
Independent Director1.7yrsCA$7.50k0.77% CA$117.5k
Donald Christie
Independent Director9.5yrsCA$48.20k0.32% CA$49.4k
Iain Scarr
Independent Director9.4yrsCA$48.20k0.092% CA$14.1k

9.4yrs

Average Tenure

65yo

Average Age

Experienced Board: NGC's board of directors are considered experienced (9.4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Northern Graphite Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Northern Graphite Corporation
  • Ticker: NGC
  • Exchange: TSXV
  • Founded: 2002
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$15.301m
  • Shares outstanding: 65.11m
  • Website: https://northerngraphite.com

Location

  • Northern Graphite Corporation
  • 290 Picton Avenue
  • Suite 201
  • Ottawa
  • Ontario
  • K1Z 8P8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NGCTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2011
0NGDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2011
NGPH.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2011

Biography

Northern Graphite Corporation explores for and develops mineral properties in Canada. Its principal asset is the Bissett Creek graphite project located in southern Canada. The company was formerly known as Industrial Minerals Canada Inc. and changed its name to Northern Graphite Corporation in March 2010. Northern Graphite Corporation was incorporated in 2002 and is headquartered in Ottawa, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:03
End of Day Share Price2020/02/24 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.