TSXV:SLT

Stock Analysis Report

Specialty Liquid Transportation

Executive Summary

Specialty Liquid Transportation Corp. manufactures and sells various packing solutions for the transport and storage of non-hazardous liquids worldwide.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Specialty Liquid Transportation's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SLT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

SLT

-6.1%

CA Packaging

-6.2%

CA Market


1 Year Return

n/a

SLT

-12.0%

CA Packaging

-2.0%

CA Market

Return vs Industry: Insufficient data to determine how SLT performed against the Canadian Packaging industry.

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


Shareholder returns

SLTIndustryMarket
7 Day0%-6.1%-6.2%
30 Day0%-16.8%-5.0%
90 Day0%-16.6%-2.8%
1 Yearn/a-10.9%-12.0%1.1%-2.0%
3 Yearn/a-18.8%-21.4%10.7%0.6%
5 Yearn/a44.7%35.6%27.6%8.9%

Price Volatility Vs. Market

How volatile is Specialty Liquid Transportation's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Specialty Liquid Transportation undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Specialty Liquid Transportation is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Specialty Liquid Transportation 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 SLT’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 Specialty Liquid Transportation regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is Specialty Liquid Transportation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.9%

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 Specialty Liquid Transportation 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 Specialty Liquid Transportation performed over the past 5 years?

11.5%

Historical Materials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Specialty Liquid Transportation has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Specialty Liquid Transportation's financial position?


In this section we usually analyse Specialty Liquid Transportation's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Specialty Liquid Transportation has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of SLT’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. Specialty Liquid Transportation's cash and debt levels may be found in its annual reports archived here.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Specialty Liquid Transportation's financial data was last updated here.
  • Explore more healthy companies in the Materials industry.

Dividend

What is Specialty Liquid Transportation's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

0.3yrs

Average management tenure


CEO

Bud LaCombe 0

0.2yrs

Tenure

0

Mr. Bud LaCombe has been Interim Chief Executive Officer at Specialty Liquid Transportation Corp. since September 3, 2019. Mr. LaCombe served as Vice President of Business Development at Redhawk Resources  ...


Leadership Team

NamePositionTenureCompensationOwnership
David Skriloff
Advisor & Consultant0.2yrsCA$1.24m0.95% CA$190.0k
Bud LaCombe
Interim Chief Executive Officer0.2yrsno datano data
Mark Lotz
Chief Financial Officer0.8yrsno datano data
Allan Doris
Global Operations Manager0.8yrsno datano data
Jason Barr
Executive Vice President of Logistics Operations0.3yrsno datano data

0.3yrs

Average Tenure

Experienced Management: SLT's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Steven Lefkowitz
Independent Director1.1yrsCA$64.31kno data
Sokhie Puar
Independent Director2.3yrsCA$108.72k0.010% CA$2.1k
Ian Troop
Independent Director1.1yrsCA$64.31kno data

1.1yrs

Average Tenure

Experienced Board: SLT's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Specialty Liquid Transportation Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Specialty Liquid Transportation Corp.
  • Ticker: SLT
  • Exchange: TSXV
  • Founded: 2017
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: CA$20.058m
  • Shares outstanding: 105.57m
  • Website: https://www.shipslt.com

Location

  • Specialty Liquid Transportation Corp.
  • 700 West Pender Street
  • Suite 610
  • Vancouver
  • British Columbia
  • V6C 1G8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLTTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2018
SPQD.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2018

Biography

Specialty Liquid Transportation Corp. manufactures and sells various packing solutions for the transport and storage of non-hazardous liquids worldwide. It also offers various services, including packaging supply and installation, loading and unloading, product transfer, product stewardship, removal/disposal/recycling, and full logistics services. The company was founded in 2017 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/04 00:55
End of Day Share Price2019/08/06 00:00
EarningsN/A
Annual EarningsN/A


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.