NewNorth Projects Ltd. operates as an integrated land and building development company in Alberta.
+ 1 more risk
Excellent balance sheet and overvalued.
Share Price & News
How has NewNorth Projects's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NNP's share price has been volatile over the past 3 months.
7 Day Return
CA Real Estate
1 Year Return
CA Real Estate
Return vs Industry: Insufficient data to determine how NNP performed against the Canadian Real Estate industry.
Return vs Market: Insufficient data to determine how NNP performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is NewNorth Projects's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StWill NewNorth Projects (CVE:NNP) Spend Its Cash Wisely?
6 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The NewNorth Projects Ltd.'s (CVE:NNP) Shareholder Register?
9 months ago | Simply Wall StShould You Take Comfort From Insider Transactions At NewNorth Projects Ltd. (CVE:NNP)?
Is NewNorth Projects undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NNP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NNP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NNP is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: NNP 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 NNP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NNP is good value based on its PB Ratio (0.7x) compared to the CA Real Estate industry average (0.9x).
How is NewNorth Projects forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 NewNorth Projects 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.
- Examine NewNorth Projects's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- NewNorth Projects competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has NewNorth Projects performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NNP is currently unprofitable.
Growing Profit Margin: NNP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NNP is unprofitable, and losses have increased over the past 5 years at a rate of -11.4% per year.
Accelerating Growth: Unable to compare NNP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NNP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-22.9%).
Return on Equity
High ROE: NNP has a negative Return on Equity (-49.98%), as it is currently unprofitable.
How is NewNorth Projects's financial position?
Financial Position Analysis
Short Term Liabilities: NNP's short term assets (CA$2.3M) exceed its short term liabilities (CA$84.0K).
Long Term Liabilities: NNP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NNP is debt free.
Reducing Debt: NNP had no debt 5 years ago.
Inventory Level: NNP has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NNP'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: NNP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NNP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is NewNorth Projects's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NNP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NNP'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 NNP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NNP'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 NNP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Greg Herndier 0
Mr. Gregory N. Herndier, also known as Greg, serves as the President of GDC-NNP Limited Partnership of Gwich'in Development Corporation. Mr. Herndier has been President of Newnorth Projects Ltd. and its Ch ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD51.11K) is below average for companies of similar size in the Canadian market ($USD157.70K).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
|CEO, President & Director||16.8yrs||CA$67.93k||0.42% CA$6.4k|
|Independent Chairman||13.8yrs||CA$12.00k||2.64% CA$40.2k|
|Independent Director||17.8yrs||CA$11.00k||no data|
|Independent Director||12.8yrs||CA$5.00k||8.66% CA$132.0k|
Experienced Board: NNP's board of directors are seasoned and experienced ( 15.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NewNorth Projects Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: NewNorth Projects Ltd.
- Ticker: NNP
- Exchange: TSXV
- Founded: 2002
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: CA$1.524m
- Shares outstanding: 12.19m
- Website: https://www.newnorthprojects.ca
Number of Employees
- NewNorth Projects Ltd.
- 219, 1935 – 32 Avenue NE
- T2E 7C8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NNP||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 2002|
NewNorth Projects Ltd. operates as an integrated land and building development company in Alberta. It develops Sandstone Asset, a 408 acre development project. The company was founded in 2002 and is based in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/11 23:42|
|End of Day Share Price||2020/01/07 00:00|
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.