TSXV:TEG.H

Stock Analysis Report

Executive Summary

Troy Energy Corp. acquires, explores, and develops natural resources properties in Canada.

Rewards

Became profitable this year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (CA$1M)

Large one-off items impacting financial results



Snowflake Analysis

Excellent balance sheet with questionable track record.

Share Price & News

How has Troy Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

TEG.H

2.4%

CA Metals and Mining

0.6%

CA Market


1 Year Return

n/a

TEG.H

4.4%

CA Metals and Mining

5.8%

CA Market

Return vs Industry: Insufficient data to determine how TEG.H performed against the Canadian Metals and Mining industry.

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


Shareholder returns

TEG.HIndustryMarket
7 Day0%2.4%0.6%
30 Day0%1.2%0.5%
90 Dayn/a6.6%3.6%
1 Yearn/a5.0%4.4%9.1%5.8%
3 Year200.0%200.0%-10.4%-11.9%15.4%5.0%
5 Year0%0%22.9%19.2%33.6%14.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Troy Energy undervalued compared to its fair value and its price relative to the market?

28.3x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: TEG.H is poor value based on its PE Ratio (28.3x) compared to the Metals and Mining industry average (15.6x).

PE vs Market: TEG.H is poor value based on its PE Ratio (28.3x) compared to the Canadian market (15.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TEG.H's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TEG.H is good value based on its PB Ratio (1.4x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

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

15.6%

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 Troy Energy 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 Troy Energy performed over the past 5 years?

5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TEG.H has a large one-off gain of CA$88.8K impacting its September 30 2019 financial results.

Growing Profit Margin: TEG.H became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TEG.H has become profitable over the past 5 years, growing earnings by 5.7% per year.

Accelerating Growth: TEG.H has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TEG.H has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.9%).


Return on Equity

High ROE: TEG.H's Return on Equity (4.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Troy Energy's financial position?


Financial Position Analysis

Short Term Liabilities: TEG.H's short term assets (CA$13.7K) do not cover its short term liabilities (CA$60.2K).

Long Term Liabilities: TEG.H has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TEG.H is debt free.

Reducing Debt: TEG.H had no debt 5 years ago.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if TEG.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: TEG.H is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: TEG.H is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Troy Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%5.3%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if TEG.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 TEG.H'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?

2.8yrs

Average board tenure


CEO

Rick Wingate 0

1.8yrs

Tenure

0

Mr. Richard William James Wingate, also known as Rick, serves as the President of Troy Energy Corp. since May 23, 2017 and has been its Chief Executive Officer since May 3, 2018. Mr. Wingate serves as the  ...


CEO Compensation Analysis

Compensation vs Market: Rick's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD155.16K).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Richard William Wingate
CEO, President & Director1.8yrsno data0.84% CA$10.5k
Carl Verley
Chief Geologist & Director2.5yrsno data0.48% CA$6.0k
Raymond Hodgkinson
Independent Director10.4yrsno data1.58% CA$19.6k

2.8yrs

Average Tenure

Experienced Board: TEG.H's board of directors are not considered experienced ( 2.8 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: TEG.H 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

Troy Energy Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Troy Energy Corp.
  • Ticker: TEG.H
  • Exchange: TSXV
  • Founded: 1987
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.243m
  • Shares outstanding: 41.42m
  • Website: https://www.troyenergycorp.com

Location

  • Troy Energy Corp.
  • 240 Connemara Road
  • Comox
  • British Columbia
  • V9M 3T4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEG.HTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 1989

Biography

Troy Energy Corp. acquires, explores, and develops natural resources properties in Canada. Its project include the Yellowknife Gold project that consists three mining leases and seven mineral claims located in the Northwest Territories, Canada. The company was formerly known as Allyn Resources, Inc. and changed its name to Troy Energy Corp. in January 2008. Troy Energy Corp. was incorporated in 1987 and is headquartered in Comox, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 00:10
End of Day Share Price2020/01/21 00:00
Earnings2019/09/30
Annual Earnings2019/06/30


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.