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Gulf & Pacific Equities

TSXV:GUF
Snowflake Description

Overvalued with worrying balance sheet.

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

Gulf & Pacific Equities Corp. invests in commercial real estate properties in western Canada. The last earnings update was 61 days ago. More info.


Add to Portfolio Compare Print
  • Gulf & Pacific Equities is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
GUF Share Price and Events
7 Day Returns
-8.3%
TSXV:GUF
1.4%
CA Real Estate
2.1%
CA Market
1 Year Returns
-15.4%
TSXV:GUF
-0.8%
CA Real Estate
-9.2%
CA Market
GUF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Gulf & Pacific Equities (GUF) -8.3% 0% 10% -15.4% -18.5% -33.3%
CA Real Estate 1.4% 8.2% -0.4% -0.8% 40.4% 39.3%
CA Market 2.1% 9.9% -0.1% -9.2% 25.6% 6.5%
1 Year Return vs Industry and Market
  • GUF underperformed the Real Estate industry which returned -0.8% over the past year.
  • GUF underperformed the Market in Canada which returned -9.2% over the past year.
Price Volatility
GUF
Industry
5yr Volatility vs Market

GUF Value

 Is Gulf & Pacific Equities 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 Gulf & Pacific Equities 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

Below are the data sources, inputs and calculation used to determine the intrinsic value for Gulf & Pacific Equities.

TSXV:GUF 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 18.1%
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:GUF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 8.1%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.618 (1 + (1- 26.5%) (498.14%))
2.879
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (2 * 8.05%)
18.05%

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

The calculations below outline how an intrinsic value for Gulf & Pacific Equities is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:GUF DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CAD, Millions) 0.68 0.74 0.81 0.89 0.97
Source Est @ 9.3% Est @ 9.3% Est @ 9.3% Est @ 9.3% Est @ 9.3%
Present Value
Discounted (@ 18.05%)
0.58 0.53 0.49 0.46 0.42
Present value of next 5 years cash flows CA$2.48
TSXV:GUF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CA$0.97 × (1 + 1.95%) ÷ (18.05% – 1.95%)
CA$6.14
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CA$6.14 ÷ (1 + 18.05%)5
CA$2.68
TSXV:GUF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CA$2.48 + CA$2.68
CA$5.16
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$5.16 / 21.29
CA$0.24
TSXV:GUF Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.24
Current discount Discount to share price of CA$0.22
= -1 x (CA$0.22 - CA$0.24) / CA$0.24
9.2%

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

Current Discount
Amount off the current price Gulf & Pacific Equities is available for.
Intrinsic value
9%
Share price is CA$0.22 vs Future cash flow value of CA$0.24217
Current Discount Checks
For Gulf & Pacific Equities to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Gulf & Pacific Equities's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Gulf & Pacific Equities's share price is below the future cash flow value, but not 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 Gulf & Pacific Equities's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Gulf & Pacific Equities's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:GUF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.01
TSXV:GUF Share Price ** TSXV (2019-01-21) in CAD CA$0.22
Canada Real Estate Industry PE Ratio Median Figure of 20 Publicly-Listed Real Estate Companies 13.4x
Canada Market PE Ratio Median Figure of 554 Publicly-Listed Companies 14.2x

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

** Primary Listing of Gulf & Pacific Equities.

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

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

= 0.22 ÷ -0.01

-14.72x

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

  • Gulf & Pacific Equities is loss making, we can't compare its value to the CA Real Estate industry average.
  • Gulf & Pacific Equities is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Gulf & Pacific Equities's expected growth come at a high price?
Raw Data
TSXV:GUF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Real Estate Industry PEG Ratio Median Figure of 16 Publicly-Listed Real Estate Companies 0.96x
Canada Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1x

*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 Gulf & Pacific Equities, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Gulf & Pacific Equities's assets?
Raw Data
TSXV:GUF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.67
TSXV:GUF Share Price * TSXV (2019-01-21) in CAD CA$0.22
Canada Real Estate Industry PB Ratio Median Figure of 36 Publicly-Listed Real Estate Companies 1.03x
Canada Market PB Ratio Median Figure of 2,297 Publicly-Listed Companies 1.47x
TSXV:GUF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.22 ÷ 0.67

0.33x

* Primary Listing of Gulf & Pacific Equities.

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

  • Gulf & Pacific Equities is good value based on assets compared to the CA Real Estate industry average.
X
Value checks
We assess Gulf & Pacific Equities'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Gulf & Pacific Equities has a total score of 1/6, 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.

GUF Future Performance

 How is Gulf & Pacific Equities expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Gulf & Pacific Equities 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
15.8%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Gulf & Pacific Equities expected to grow at an attractive rate?
  • Unable to compare Gulf & Pacific Equities's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Gulf & Pacific Equities's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Gulf & Pacific Equities's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:GUF Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
Canada Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7%

*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:GUF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:GUF Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 4 2 -0
2018-06-30 4 2 -0
2018-03-31 4 2 -0
2017-12-31 4 2 -0
2017-09-30 4 1 -2
2017-06-30 4 1 -2
2017-03-31 4 2 -2
2016-12-31 4 2 -2
2016-09-30 4 3 1
2016-06-30 4 2 1
2016-03-31 4 1 0
2015-12-31 4 1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Gulf & Pacific Equities is high growth as no earnings estimate data is available.
  • Unable to determine if Gulf & Pacific Equities 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:GUF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Gulf & Pacific Equities Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GUF Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.08
2017-06-30 -0.08
2017-03-31 -0.08
2016-12-31 -0.08
2016-09-30 0.03
2016-06-30 0.03
2016-03-31 0.02
2015-12-31 -0.04

*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 Gulf & Pacific Equities will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of GUF’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.
  2. Gulf & Pacific Equities's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Gulf & Pacific Equities's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Gulf & Pacific Equities'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.
Gulf & Pacific Equities has a total score of 0/6, 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.

GUF Past Performance

  How has Gulf & Pacific Equities 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 Gulf & Pacific Equities's growth in the last year to its industry (Real Estate).
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.
  • Gulf & Pacific Equities does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Gulf & Pacific Equities's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Gulf & Pacific Equities's 1-year growth to the CA Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Gulf & Pacific Equities'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 Gulf & Pacific Equities Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:GUF Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 3.94 -0.32 0.73
2018-06-30 3.90 -0.18 0.78
2018-03-31 3.90 -0.19 0.78
2017-12-31 3.87 -0.17 0.77
2017-09-30 3.81 -1.81 0.77
2017-06-30 3.85 -1.78 0.75
2017-03-31 3.94 -1.79 0.78
2016-12-31 4.01 -1.74 0.78
2016-09-30 3.84 0.53 0.78
2016-06-30 3.92 0.60 0.78
2016-03-31 3.90 0.41 0.81
2015-12-31 3.82 -0.76 0.80
2015-09-30 3.96 -0.63 0.84
2015-06-30 3.57 -2.73 0.82
2015-03-31 3.10 -3.39 0.90
2014-12-31 3.06 2.27 0.88
2014-09-30 2.81 3.77 0.98
2014-06-30 2.73 5.60 0.84
2014-03-31 2.65 6.22 0.71
2013-12-31 2.39 1.50 0.69
2013-09-30 2.30 -0.83 0.52
2013-06-30 2.45 -0.85 0.63
2013-03-31 2.70 -0.89 0.75
2012-12-31 2.76 -0.97 0.75
2012-09-30 2.58 -0.29 0.84
2012-06-30 2.86 -0.19 0.85
2012-03-31 3.18 -0.06 0.80

*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.
  • It is difficult to establish if Gulf & Pacific Equities has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Gulf & Pacific Equities used its assets less efficiently than the CA Real Estate industry average last year based on Return on Assets.
  • It is difficult to establish if Gulf & Pacific Equities improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Gulf & Pacific Equities'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 Real Estate 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.
Gulf & Pacific Equities has a total score of 0/6, 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.

GUF Health

 How is Gulf & Pacific Equities'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 Gulf & Pacific Equities's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Gulf & Pacific Equities's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Gulf & Pacific Equities's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Gulf & Pacific Equities'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 not covered by short term assets, assets are 0x 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 Gulf & Pacific Equities Company Filings, last reported 3 months ago.

TSXV:GUF Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 14.19 23.33 0.18
2018-06-30 14.26 23.51 0.63
2018-03-31 14.17 23.38 0.07
2017-12-31 14.12 23.79 0.11
2017-09-30 14.51 23.99 0.13
2017-06-30 14.44 24.41 0.22
2017-03-31 14.33 24.27 0.12
2016-12-31 14.27 24.67 0.18
2016-09-30 16.29 24.57 0.22
2016-06-30 16.19 24.91 0.17
2016-03-31 16.12 25.07 0.09
2015-12-31 16.00 25.47 0.12
2015-09-30 14.65 27.18 0.10
2015-06-30 14.48 27.21 0.35
2015-03-31 14.60 27.49 1.35
2014-12-31 15.65 24.77 0.17
2014-09-30 12.73 24.06 0.67
2014-06-30 14.66 22.34 0.50
2014-03-31 15.37 20.59 0.49
2013-12-31 10.74 20.98 0.33
2013-09-30 8.85 19.96 0.14
2013-06-30 8.95 18.95 0.54
2013-03-31 9.11 18.43 1.15
2012-12-31 9.23 18.35 1.42
2012-09-30 9.74 18.24 1.74
2012-06-30 9.85 18.14 0.89
2012-03-31 9.94 18.01 1.28
  • Gulf & Pacific Equities's level of debt (164.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (225.2% vs 164.4% today).
  • Debt is not well covered by operating cash flow (7.6%, less than 20% of total debt).
  • Gulf & Pacific Equities is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Gulf & Pacific Equities'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. Gulf & Pacific Equities has a total score of 1/6, 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.

GUF Dividends

 What is Gulf & Pacific Equities'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 Gulf & Pacific Equities dividends.
If you bought CA$2,000 of Gulf & Pacific Equities 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 Gulf & Pacific Equities's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Gulf & Pacific Equities'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:GUF 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 Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.2%
Canada Top 25% Dividend Yield 75th Percentile 6.1%

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 Gulf & Pacific Equities has not reported any payouts.
  • Unable to verify if Gulf & Pacific Equities's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Gulf & Pacific Equities's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Gulf & Pacific Equities 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 Gulf & Pacific Equities'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 Gulf & Pacific Equities afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Gulf & Pacific Equities 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.

GUF Management

 What is the CEO of Gulf & Pacific Equities'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
Anthony Cohen
COMPENSATION CA$166,455
AGE 60
CEO Bio

Mr. Anthony J. Cohen has been the Chief Executive Officer and President at Plato Gold Corp. of Winnipeg Minerals S.A since May 30, 2005. Mr. Cohen is the Founder of Gulf & Pacific Equities Corp. and serves as its President and Chief Executive Officer. Since 1985, He has been the President of Ceyx Properties Ltd. He served as the Chief Executive Officer, Chief Financial Officer and President of Shatheena Capital Corp. since January 29, 2003. He has been a Director at Plato Gold Corp. since May 30, 2005; Gendis Inc. since 2012 and Gulf & Pacific Equities Corp. since April 8, 1998. He served as a Director of Shatheena Capital Corp. since January 2003; Gendis Inc., from May 1993 to April 2001 and Chauvco Resources Ltd. from July 1992 to April 1997. He holds a Bachelor of Science in Business Administration Degree from the Creighton University, Omaha, Nebraska in 1980.

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

Anthony Cohen

TITLE
CEO, President & Director
COMPENSATION
CA$166K
AGE
60

Greg K. Wong

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$111K
TENURE
13.8 yrs

Paul Anderson

TITLE
Treasurer
TENURE
12.1 yrs
Board of Directors Tenure

Average tenure of the Gulf & Pacific Equities board of directors in years:

17.6
Average Tenure
  • The average tenure for the Gulf & Pacific Equities board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Anthony Cohen

TITLE
CEO, President & Director
COMPENSATION
CA$166K
AGE
60
TENURE
20.8 yrs

Greg K. Wong

TITLE
CFO, Corporate Secretary & Director
COMPENSATION
CA$111K
TENURE
12.3 yrs

Constantine Buzunis

TITLE
Independent Director
COMPENSATION
CA$6K
AGE
60
TENURE
17.6 yrs

Dean Dovolis

TITLE
Independent Director
COMPENSATION
CA$6K
TENURE
20.8 yrs

Ernest Cholakis

TITLE
Independent Director
COMPENSATION
CA$6K
TENURE
17.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Gulf & Pacific Equities'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. Gulf & Pacific Equities 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.

GUF News

Simply Wall St News

Is Gulf & Pacific Equities Corp's (CVE:GUF) Balance Sheet A Threat To Its Future?

Gulf & Pacific Equities Corp (CVE:GUF) is a small-cap stock with a market capitalization of CA$4.26m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

What Kind Of Risk Should You Expect For Gulf & Pacific Equities Corp (CVE:GUF)?

Gulf & Pacific Equities has a beta of 1.94, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Is Gulf & Pacific Equities Corp's (CVE:GUF) Balance Sheet Strong Enough To Weather A Storm?

At this stable level of debt, GUF currently has CA$108.71K remaining in cash and short-term investments for investing into the business. … Additionally, GUF has generated cash from operations of CA$1.82M during the same period of time, leading to an operating cash to total debt ratio of 7.67%, indicating that GUF’s debt is not appropriately covered by operating cash. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: With a high level of debt on its balance sheet, GUF could still be in a financially strong position if its cash flow also stacked up.

Simply Wall St -

Who Are Gulf & Pacific Equities Corp's (CVE:GUF) Major Shareholders?

Today, I will be analyzing Gulf & Pacific Equities Corp’s (TSXV:GUF) recent ownership structure, an important but not-so-popular subject among individual investors. … View our latest analysis for Gulf & Pacific Equities TSXV:GUF Ownership_summary Mar 22nd 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Potential investors in GUF should also look at another important group of investors: private companies, with a stake of 3.97%, who are primarily invested because of strategic and capital gain interests.

Simply Wall St -

What Did Gulf & Pacific Equities Corp's (CVE:GUF) CEO Take Home Last Year?

Anthony Cohen is the CEO of Gulf & Pacific Equities Corp (TSXV:GUF), which has recently grown to a market capitalization of CA$5.32M. … View our latest analysis for Gulf & Pacific Equities What has GUF's performance been like? … Normally I'd use market cap and profit as factors determining performance, however, GUF's negative earnings reduces the usefulness of my formula.

Simply Wall St -

Future Outlook Of The Real Estate Industry And Gulf & Pacific Equities Corp (CVE:GUF)

Gulf & Pacific Equities Corp (TSXV:GUF), a CA$5.32M small-cap, is a real estate company operating in an industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. … Below, I will examine the sector growth prospects, and also determine whether Gulf & Pacific Equities is a laggard or leader relative to its real estate sector peers. … Check out our latest analysis for Gulf & Pacific Equities What’s the catalyst for Gulf & Pacific Equities's sector growth?

Simply Wall St -

Gulf & Pacific Equities Corp (CVE:GUF): Risks You Need To Consider Before Buying

Gulf & Pacific Equities has a beta of 2.4, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … How GUF's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Are Gulf & Pacific Equities Corp's (CVE:GUF) Interest Costs Too High?

At this constant level of debt, GUF currently has CA$0.2M remaining in cash and short-term investments for investing into the business. … With a high level of debt on its balance sheet, GUF could still be in a financially strong position if its cash flow also stacked up. … GUF's high debt levels along with low cash coverage of debt as well as low liquidity coverage of short-term expenses may not build the strongest investment case.

Simply Wall St -

Interested In The Real Estate Industry? Take A Look At Gulf & Pacific Equities Corp (TSXV:GUF)

TSXV:GUF PE PEG Gauge Nov 15th 17 The real estate industry is trading at a PE ratio of 13x, relatively similar to the rest of the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of GUF, there are other real estate companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its real estate peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

GUF Company Info

Map
Description

Gulf & Pacific Equities Corp. invests in commercial real estate properties in western Canada. It primarily focuses on the acquisition, management, and development of grocery-anchored shopping centers. The company owns grocery-anchored shopping centers located in Whitecourt, Alberta, and St. Paul, Alberta. Gulf & Pacific Equities was incorporated in 1998 and is based in Toronto, Canada.

Details
Name: Gulf & Pacific Equities Corp.
GUF
Exchange: TSXV
Founded: 1998
CA$4,683,950
21,290,685
Website: http://www.gulfandpacific.ca
Address: Gulf & Pacific Equities Corp.
1300 Bay Street,
Suite 300,
Toronto,
Ontario, M5R 3K8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV GUF Common Shares TSX Venture Exchange CA CAD 31. Jul 1998
Number of employees
Current staff
Staff numbers
0
Gulf & Pacific Equities employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/22 23:37
End of day share price update: 2019/01/21 00:00
Last earnings filing: 2018/11/22
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.