TSX:AIM

Stock Analysis Report

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Executive Summary

Aimia Inc., an investment holding company, focuses on long-term investments in public and private companies. More Details

Rewards

Earnings have grown 3.9% per year over the past 5 years

Risk Analysis

No risks detected for AIM from our risk checks.


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: AIM is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AIM's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

AIM

0.2%

CA Media

0.7%

CA Market


1 Year Return

-0.3%

AIM

-12.9%

CA Media

-2.0%

CA Market

Return vs Industry: AIM exceeded the Canadian Media industry which returned -12.8% over the past year.

Return vs Market: AIM exceeded the Canadian Market which returned -1.8% over the past year.


Shareholder returns

AIMIndustryMarket
7 Day-1.0%0.2%0.7%
30 Day5.4%0.6%5.3%
90 Day14.1%-4.4%4.0%
1 Year-0.3%-0.3%-9.5%-12.9%1.6%-2.0%
3 Year11.5%11.5%2.7%-8.1%10.2%-0.5%
5 Year-49.8%-60.3%27.5%5.3%44.5%22.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AIM (CA$3.92) is trading above our estimate of fair value (CA$1.42)

Significantly Below Fair Value: AIM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AIM is unprofitable, so we can't compare its PE Ratio to the CA Media industry average.

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


Price to Book Ratio

PB vs Industry: AIM is good value based on its PB Ratio (0.8x) compared to the CA Media industry average (1.1x).


Next Steps

Future Growth

How is Aimia forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-55.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if AIM's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if AIM's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AIM's revenue is expected to decline over the next 3 years (-55% per year).

High Growth Revenue: AIM's revenue is forecast to decline over the next 3 years (-55% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AIM's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Aimia performed over the past 5 years?

3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIM is currently unprofitable.

Growing Profit Margin: AIM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AIM is unprofitable, but has reduced losses over the past 5 years at a rate of 3.9% per year.

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

Earnings vs Industry: AIM is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (88.9%).


Return on Equity

High ROE: AIM has a negative Return on Equity (-6.87%), as it is currently unprofitable.


Next Steps

Financial Health

How is Aimia's financial position?


Financial Position Analysis

Short Term Liabilities: AIM's short term assets (CA$196.4M) exceed its short term liabilities (CA$13.4M).

Long Term Liabilities: AIM's short term assets (CA$196.4M) exceed its long term liabilities (CA$7.0M).


Debt to Equity History and Analysis

Debt Level: AIM is debt free.

Reducing Debt: AIM has no debt compared to 5 years ago when its debt to equity ratio was 111.5%.


Balance Sheet


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: AIM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AIM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Aimia current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AIM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AIM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AIM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AIM is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AIM'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?

0.6yrs

Average management tenure


CEO

Phil Mittleman (49 yo)

0.58

Tenure

CA$179,361

Compensation

Mr. Philip Charles Mittleman, also known as Phil, serves as Chief Executive Officer of Aimia Inc. since June 2020 and served as its Interim Chief Executive Officer since April 29, 2020 until June 2020. Mr....


Leadership Team

NamePositionTenureCompensationOwnership
Philip Mittleman
CEO & Director0.58yrCA$179.36k1.65%
CA$ 6.0m
Steven Leonard
Chief Financial Officer1.5yrsCA$945.30k0.027%
CA$ 98.9k
Michael Lehmann
President & Director0.75yrno data0.62%
CA$ 2.3m
Christopher Mittleman
Chief Investment Officer & Director0.42yrno datano data
Tom Tran
Director of Investor Relationsno datano datano data
Edouard Vo-Quang
General Counsel & Corporate Secretary2.58yrsno data0.011%
CA$ 39.4k

0.6yrs

Average Tenure

Experienced Management: AIM's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Philip Mittleman
CEO & Director0.58yrCA$179.36k1.65%
CA$ 6.0m
Michael Lehmann
President & Director0.75yrno data0.62%
CA$ 2.3m
Christopher Mittleman
Chief Investment Officer & Director0.42yrno datano data
Karen Basian
Independent Director0.75yrno data0.14%
CA$ 513.3k
David Rosenkrantz
Independent Director0.75yrno data0.12%
CA$ 436.5k
Sandra Hanington
Independent Director0.75yrno data0.16%
CA$ 577.7k
Charles Frischer
Independent Chairman0.75yrno data5.5%
CA$ 20.1m
Jordan Teramo
Independent Director0.75yrno data0.020%
CA$ 72.0k

0.8yrs

Average Tenure

55yo

Average Age

Experienced Board: AIM's board of directors are not considered experienced ( 0.8 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: AIM 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

Aimia Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aimia Inc.
  • Ticker: AIM
  • Exchange: TSX
  • Founded: 2008
  • Industry: Advertising
  • Sector: Media
  • Market Cap: CA$365.363m
  • Shares outstanding: 93.92m
  • Website: https://corp.aimia.com

Number of Employees


Location

  • Aimia Inc.
  • 777 Bay Street
  • Suite 2901
  • Toronto
  • Ontario
  • M5G 2C8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AIMTSX (The Toronto Stock Exchange)YesCommon StockCACADJun 2005
GA7DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2005
GAPF.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2005
0UGPLSE (London Stock Exchange)YesCommon StockGBCADJun 2005
AIM.PRATSX (The Toronto Stock Exchange)PFD-1CACADJan 2010
AIM.PRCTSX (The Toronto Stock Exchange)CUM RT PFD SER 3CACADJan 2014
AIM.PRBTSX (The Toronto Stock Exchange)CUM FLT PFD-2CACADApr 2015

Biography

Aimia Inc., an investment holding company, focuses on long-term investments in public and private companies. It operates through two segments, Investments and Holdings, and Investment Management. The compa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 00:37
End of Day Share Price2020/11/23 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.