Loading...

Perlite Canada

TSXV:PCI
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PCI
TSXV
CA$9M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Perlite Canada Inc. manufactures, distributes, and sells perlite and vermiculite minerals that are used in horticultural and industrial sectors. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
PCI Share Price and Events
7 Day Returns
0%
TSXV:PCI
-0.5%
CA Metals and Mining
0.6%
CA Market
1 Year Returns
30.6%
TSXV:PCI
-7.4%
CA Metals and Mining
-0.5%
CA Market
PCI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Perlite Canada (PCI) 0% 0% 2.5% 30.6% 1372.7% 337.8%
CA Metals and Mining -0.5% 3.4% 11.3% -7.4% 7% -24.6%
CA Market 0.6% 2.6% 9.6% -0.5% 15.3% 4.6%
1 Year Return vs Industry and Market
  • PCI outperformed the Metals and Mining industry which returned -7.4% over the past year.
  • PCI outperformed the Market in Canada which returned -0.5% over the past year.
Price Volatility
PCI
Industry
5yr Volatility vs Market

PCI Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Perlite Canada to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Perlite Canada.

TSXV:PCI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:PCI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 1.17
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.17 (1 + (1- 26.5%) (0.1%))
1.114
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.114 * 5.96%)
8.59%

Discounted Cash Flow Calculation for TSXV:PCI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Perlite Canada is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:PCI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 8.59%)
2019 1.94 Est @ 49.2% 1.78
2020 2.62 Est @ 35.02% 2.22
2021 3.27 Est @ 25.1% 2.56
2022 3.87 Est @ 18.15% 2.78
2023 4.38 Est @ 13.29% 2.90
2024 4.81 Est @ 9.89% 2.94
2025 5.18 Est @ 7.51% 2.91
2026 5.48 Est @ 5.84% 2.83
2027 5.73 Est @ 4.67% 2.73
2028 5.95 Est @ 3.85% 2.61
Present value of next 10 years cash flows CA$26.26
TSXV:PCI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$5.95 × (1 + 1.95%) ÷ (8.59% – 1.95%)
CA$91.40
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$91.40 ÷ (1 + 8.59%)10
CA$40.09
TSXV:PCI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$26.26 + CA$40.09
CA$66.36
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$66.36 / 10.81
CA$6.14
TSXV:PCI Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$6.14
Current discount Discount to share price of CA$0.81
= -1 x (CA$0.81 - CA$6.14) / CA$6.14
86.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Perlite Canada is available for.
Intrinsic value
>50%
Share price is CA$0.81 vs Future cash flow value of CA$6.14
Current Discount Checks
For Perlite Canada to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Perlite Canada's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Perlite Canada's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Perlite Canada's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Perlite Canada's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PCI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$0.06
TSXV:PCI Share Price ** TSXV (2019-03-04) in CAD CA$0.81
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.57x
Canada Market PE Ratio Median Figure of 544 Publicly-Listed Companies 14.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Perlite Canada.

TSXV:PCI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PCI Share Price ÷ EPS (both in CAD)

= 0.81 ÷ 0.06

13.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Perlite Canada is good value based on earnings compared to the CA Metals and Mining industry average.
  • Perlite Canada is good value based on earnings compared to the Canada market.
Price based on expected Growth
Does Perlite Canada's expected growth come at a high price?
Raw Data
TSXV:PCI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3%per year
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.62x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.19x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Perlite Canada, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Perlite Canada's assets?
Raw Data
TSXV:PCI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.36
TSXV:PCI Share Price * TSXV (2019-03-04) in CAD CA$0.81
Canada Metals and Mining Industry PB Ratio Median Figure of 1,082 Publicly-Listed Metals and Mining Companies 1.43x
Canada Market PB Ratio Median Figure of 2,350 Publicly-Listed Companies 1.56x
TSXV:PCI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PCI Share Price ÷ Book Value per Share (both in CAD)

= 0.81 ÷ 0.36

2.22x

* Primary Listing of Perlite Canada.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Perlite Canada is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Perlite Canada's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Perlite Canada has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

PCI Future Performance

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

  • No analysts cover Perlite Canada, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Perlite Canada expected to grow at an attractive rate?
  • Perlite Canada's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Perlite Canada's earnings growth is positive but not above the Canada market average.
  • Unable to compare Perlite Canada's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PCI Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:PCI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3%
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.6%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18.1%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:PCI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:PCI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 9 1 1
2018-07-31 9 2 1
2018-04-30 9 2 1
2018-01-31 8 1 1
2017-10-31 8 1 1
2017-07-31 8 0 1
2017-04-30 8 0 1
2017-01-31 8 0 1
2016-10-31 7 0 1
2016-07-31 7 0 1
2016-04-30 7 1 0
2016-01-31 6 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Perlite Canada's earnings are expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Perlite Canada is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:PCI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Perlite Canada Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PCI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 0.06
2018-07-31 0.06
2018-04-30 0.08
2018-01-31 0.08
2017-10-31 0.09
2017-07-31 0.11
2017-04-30 0.12
2017-01-31 0.11
2016-10-31 0.07
2016-07-31 0.06
2016-04-30 0.00
2016-01-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Perlite Canada will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Perlite Canada's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Perlite Canada has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

PCI Past Performance

  How has Perlite Canada performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Perlite Canada's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Perlite Canada has delivered over 20% year on year earnings growth in the past 5 years.
  • Perlite Canada's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Perlite Canada's 1-year earnings growth is negative, it can't be compared to the CA Metals and Mining industry average.
Earnings and Revenue History
Perlite Canada's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Perlite Canada Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PCI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 8.75 0.65 -0.01
2018-07-31 8.71 0.61 -0.05
2018-04-30 8.53 0.82 -0.06
2018-01-31 8.32 0.89 -0.06
2017-10-31 8.20 1.00 -0.06
2017-07-31 8.01 1.14 -0.02
2017-04-30 8.02 1.27 -0.02
2017-01-31 7.67 1.18 -0.02
2016-10-31 7.21 0.81 -0.02
2016-07-31 6.90 0.65 0.08
2016-04-30 6.51 0.04 0.07
2016-01-31 6.39 -0.08 0.08
2015-10-31 6.07 -0.12 0.08
2015-07-31 6.00 -0.04 0.08
2015-04-30 5.97 0.16 0.08
2015-01-31 5.84 0.14 0.09
2014-10-31 5.80 0.23 0.07
2014-07-31 5.67 0.07 0.07
2014-04-30 5.79 0.09 0.07
2014-01-31 5.76 0.05 0.06
2013-10-31 5.71 0.14 0.07
2013-07-31 5.65 0.02 0.08
2013-04-30 5.53 -0.35 0.08
2013-01-31 5.45 -0.51 0.08
2012-10-31 5.83 -0.60 0.09
2012-07-31 5.80 -0.97 0.36
2012-04-30 6.07 -0.71 0.35

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Perlite Canada has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Perlite Canada used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.
  • Perlite Canada has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Perlite Canada's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Perlite Canada has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

PCI Health

 How is Perlite Canada's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Perlite Canada's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Perlite Canada is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Perlite Canada's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Perlite Canada's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 408.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Perlite Canada Company Filings, last reported 4 months ago.

TSXV:PCI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 3.94 0.01 0.86
2018-07-31 3.80 0.01 0.82
2018-04-30 3.61 0.02 0.74
2018-01-31 3.18 0.03 0.23
2017-10-31 2.89 0.42
2017-07-31 2.77 0.64
2017-04-30 2.47 0.71
2017-01-31 2.06 0.97
2016-10-31 1.77 1.05
2016-07-31 1.63 0.83
2016-04-30 1.19 0.88
2016-01-31 0.88 1.02
2015-10-31 0.95 1.21
2015-07-31 0.97 1.24
2015-04-30 1.15 1.46
2015-01-31 0.96 1.42
2014-10-31 1.07 1.65
2014-07-31 1.01 1.67
2014-04-30 0.99 2.07
2014-01-31 0.82 2.36
2013-10-31 0.84 2.32
2013-07-31 0.94 2.29
2013-04-30 0.90 2.67
2013-01-31 0.77 2.88
2012-10-31 0.71 3.07
2012-07-31 0.80 3.06
2012-04-30 1.13 3.28
  • Perlite Canada's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (274.9% vs 0.2% today).
  • Debt is well covered by operating cash flow (16017%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 514x coverage).
X
Financial health checks
We assess Perlite Canada's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Perlite Canada has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

PCI Dividends

 What is Perlite Canada's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Perlite Canada dividends.
If you bought CA$2,000 of Perlite Canada shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Perlite Canada's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Perlite Canada's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:PCI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Perlite Canada has not reported any payouts.
  • Unable to verify if Perlite Canada's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Perlite Canada's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Perlite Canada has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Perlite Canada's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Perlite Canada afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Perlite Canada has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

PCI Management

 What is the CEO of Perlite Canada's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Barabé
COMPENSATION CA$203,500
CEO Bio

Mr. Richard Barabé, Eng., serves as the Chief Executive Officer, President and Director of the Board at Perlite Canada Inc. Mr. Barabé has been a Director at Perlite Canada Inc. since March 20, 1997. He is a graduate in geological engineering from the École Polytechnique in 1986.

CEO Compensation
  • Richard's compensation has been consistent with company performance over the past year.
  • Richard's remuneration is higher than average for companies of similar size in Canada.
Management Team

Richard Barabé

TITLE
President
COMPENSATION
CA$204K

Martin Joyal

TITLE
Corporate Secretary & Director
COMPENSATION
CA$59K
TENURE
12.2 yrs

Pierrette Landry

TITLE
Controller
Board of Directors Tenure

Average tenure of the Perlite Canada board of directors in years:

11.5
Average Tenure
  • The average tenure for the Perlite Canada board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Barabé

TITLE
President
COMPENSATION
CA$204K
TENURE
22 yrs

Martin Joyal

TITLE
Corporate Secretary & Director
COMPENSATION
CA$59K
TENURE
16.1 yrs

Faycal Salek

TITLE
Independent Director
COMPENSATION
CA$9K
TENURE
6.9 yrs

Patrick Barriault

TITLE
Independent Director
COMPENSATION
CA$4K
TENURE
5.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Perlite Canada's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Perlite Canada has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

PCI News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Perlite Canada Inc (CVE:PCI)?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Who Are Perlite Canada Inc's (CVE:PCI) Major Shareholders?

In this article, I'm going to take a look at Perlite Canada Inc’s (CVE:PCI) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders. … Therefore, it is beneficial for us to examine PCI's ownership structure in more detail.

Simply Wall St -

Why Perlite Canada Inc (CVE:PCI) Is An Attractive Investment

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.

Simply Wall St -

Should You Be Tempted To Buy Perlite Canada Inc (CVE:PCI) Because Of Its PE Ratio?

and want to begin learning the link between Perlite Canada Inc (CVE:PCI)’s fundamentals and stock market performance. … Perlite Canada Inc (CVE:PCI) is trading with a trailing P/E of 7.2x, which is lower than the industry average of 12.1x. … Check out our latest analysis for Perlite Canada

Simply Wall St -

What You Must Know About Perlite Canada Inc's (CVE:PCI) Financial Strength

How does PCI’s operating cash flow stack up against its debt? … Additionally, PCI has generated CA$673.58K in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 162.01%, signalling that PCI’s current level of operating cash is high enough to cover debt. … In PCI's, case, the ratio of 69.31x suggests that interest is comfortably covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.Next Steps: PCI’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

Simply Wall St -

What is Behind Perlite Canada Inc's (CVE:PCI) Superior ROE?

View our latest analysis for Perlite Canada Breaking down Return on Equity Return on Equity (ROE) weighs Perlite Canada’s profit against the level of its shareholders’ equity. … For now, let’s just look at the cost of equity number for Perlite Canada, which is 16.66%. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity TSXV:PCI Last Perf Apr 27th 18 The first component is profit margin, which measures how much of sales is retained after the company pays for all its expenses.

Simply Wall St -

Is It Time To Buy Perlite Canada Inc (CVE:PCI) Based Off Its PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PCI Price per share = CA$0.62 Earnings per share = CA$0.092 ∴ Price-Earnings Ratio = CA$0.62 ÷ CA$0.092 = 6.7x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … PCI’s P/E of 6.7x is lower than its industry peers (10.1x), which implies that each dollar of PCI’s earnings is being undervalued by investors. … If this assumption does not hold true, PCI’s lower P/E ratio may be because firms in our peer group are being overvalued by the market.

Simply Wall St -

PCI Company Info

Description

Perlite Canada Inc. manufactures, distributes, and sells perlite and vermiculite minerals that are used in horticultural and industrial sectors. It also offers water repellent cavity insulation products. The company was incorporated in 1993 and is headquartered in Lachine, Canada.

Details
Name: Perlite Canada Inc.
PCI
Exchange: TSXV
Founded: 1993
CA$8,758,577
10,813,059
Website: http://www.perlitecanada.com
Address: Perlite Canada Inc.
1775, 52nd Avenue,
Lachine,
Quebec, H8T 2Y1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PCI Common Shares TSX Venture Exchange CA CAD 15. Jul 1998
Number of employees
Current staff
Staff numbers
0
Perlite Canada employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/15 23:40
End of day share price update: 2019/03/04 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.