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BRMI

Boat Rocker Media TSX:BRMI Stock Report

Last Price

CA$3.25

Market Cap

CA$182.7m

7D

-0.9%

1Y

-56.6%

Updated

23 May, 2022

Data

Company Financials +
BRMI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

BRMI Stock Overview

Boat Rocker Media Inc., an entertainment company, creates, produces, and distributes television and film content in Canada, the United States, and internationally.

Rewards

Trading at 85.2% below our estimate of its fair value

Earnings are forecast to grow 88.33% per year

Risk Analysis

No risks detected for BRMI from our risk checks.

Boat Rocker Media Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Boat Rocker Media
Historical stock prices
Current Share PriceCA$3.25
52 Week HighCA$9.19
52 Week LowCA$2.80
Beta0
1 Month Change-18.75%
3 Month Change-43.28%
1 Year Change-56.55%
3 Year Changen/a
5 Year Changen/a
Change since IPO-62.64%

Recent News & Updates

Shareholder Returns

BRMICA EntertainmentCA Market
7D-0.9%1.0%0.2%
1Y-56.6%-44.8%4.8%

Return vs Industry: BRMI underperformed the Canadian Entertainment industry which returned -44.8% over the past year.

Return vs Market: BRMI underperformed the Canadian Market which returned 4.8% over the past year.

Price Volatility

Is BRMI's price volatile compared to industry and market?
BRMI volatility
BRMI Average Weekly Movement8.6%
Entertainment Industry Average Movement9.6%
Market Average Movement9.8%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market4.3%

Stable Share Price: BRMI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BRMI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003850John Younghttps://www.boatrocker.com

Boat Rocker Media Inc., an entertainment company, creates, produces, and distributes television and film content in Canada, the United States, and internationally. The company operates through three segments: Television, Kids and Family, and Representation. The Television segment engages in the creation and distribution of scripted and unscripted content production, and owned IP distribution activities under the Boat Rocker Studios, Scripted, Proper Productions, Insight Productions, and Matador Content brands.

Boat Rocker Media Fundamentals Summary

How do Boat Rocker Media's earnings and revenue compare to its market cap?
BRMI fundamental statistics
Market CapCA$182.67m
Earnings (TTM)-CA$27.33m
Revenue (TTM)CA$574.72m

0.3x

P/S Ratio

-6.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRMI income statement (TTM)
RevenueCA$574.72m
Cost of RevenueCA$474.78m
Gross ProfitCA$99.94m
Other ExpensesCA$127.27m
Earnings-CA$27.33m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.49
Gross Margin17.39%
Net Profit Margin-4.75%
Debt/Equity Ratio57.0%

How did BRMI perform over the long term?

See historical performance and comparison

Valuation

Is Boat Rocker Media undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BRMI (CA$3.25) is trading below our estimate of fair value (CA$21.99)

Significantly Below Fair Value: BRMI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BRMI is unprofitable, so we can't compare its PE Ratio to the North American Entertainment industry average.

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


Price to Book Ratio

PB vs Industry: BRMI is good value based on its PB Ratio (0.8x) compared to the CA Entertainment industry average (1.9x).


Future Growth

How is Boat Rocker Media forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


88.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRMI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: BRMI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BRMI's is expected to become profitable in the next 3 years.

Revenue vs Market: BRMI's revenue (2.8% per year) is forecast to grow slower than the Canadian market (6.4% per year).

High Growth Revenue: BRMI's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Boat Rocker Media performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-37.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BRMI is currently unprofitable.

Growing Profit Margin: BRMI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BRMI is unprofitable, and losses have increased over the past 5 years at a rate of 37.5% per year.

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

Earnings vs Industry: BRMI is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (0.3%).


Return on Equity

High ROE: BRMI has a negative Return on Equity (-7.8%), as it is currently unprofitable.


Financial Health

How is Boat Rocker Media's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BRMI's short term assets (CA$250.4M) do not cover its short term liabilities (CA$275.7M).

Long Term Liabilities: BRMI's short term assets (CA$250.4M) exceed its long term liabilities (CA$82.6M).


Debt to Equity History and Analysis

Debt Level: BRMI's net debt to equity ratio (23.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if BRMI's debt to equity ratio has reduced over the past 5 years.


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: BRMI has sufficient cash runway for more than a year based on its current free cash flow.

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


Dividend

What is Boat Rocker Media current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BRMI has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

John Young

7.33yrs

Tenure

CA$1,725,736

Compensation

Mr. John Young serves as Managing Director and Vice President of OMERS Capital Partners Inc. He has been an Independent Director of The Caldwell Partners International Inc. since September 4, 2019. Mr. You...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD1.35M) is above average for companies of similar size in the Canadian market ($USD168.83K).

Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.


Leadership Team

Experienced Management: BRMI's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: BRMI's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Boat Rocker Media Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Boat Rocker Media Inc.
  • Ticker: BRMI
  • Exchange: TSX
  • Founded: 2003
  • Industry: Movies and Entertainment
  • Sector: Media
  • Implied Market Cap: CA$182.670m
  • Shares outstanding: 56.21m
  • Website: https://www.boatrocker.com

Number of Employees


Location

  • Boat Rocker Media Inc.
  • 310 King Street East
  • Toronto
  • Ontario
  • M5A 1K6
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.