TSXV:SVI

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StorageVault Canada

Executive Summary

StorageVault Canada Inc. engages in owning, managing, and renting self-storage and portable storage space in Canada. More Details


Snowflake Analysis

Mediocre balance sheet with concerning outlook.

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

2.4%

SVI

2.5%

CA Real Estate

-0.002%

CA Market


1 Year Return

0.5%

SVI

10.8%

CA Real Estate

0.7%

CA Market

Return vs Industry: SVI underperformed the Canadian Real Estate industry which returned 8.8% over the past year.

Return vs Market: SVI exceeded the Canadian Market which returned -0.8% over the past year.


Shareholder returns

SVIIndustryMarket
7 Day2.4%2.5%-0.002%
30 Day13.4%4.4%11.9%
90 Day24.2%3.5%5.7%
1 Year0.9%0.5%11.9%10.8%4.4%0.7%
3 Year52.5%50.8%42.1%37.2%12.7%1.7%
5 Year479.5%467.2%100.1%87.8%53.8%30.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: SVI (CA$3.8) is trading above our estimate of fair value (CA$2.06)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: SVI is overvalued based on its PB Ratio (6.7x) compared to the CA Real Estate industry average (0.7x).


Next Steps

Future Growth

How is StorageVault Canada forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

9.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

Earnings vs Market: Insufficient data to determine if SVI'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: SVI's revenue (9.2% per year) is forecast to grow faster than the Canadian market (6.2% per year).

High Growth Revenue: SVI's revenue (9.2% 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 SVI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has StorageVault Canada performed over the past 5 years?

-30.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVI is currently unprofitable.

Growing Profit Margin: SVI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SVI is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.

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

Earnings vs Industry: SVI is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-17.7%).


Return on Equity

High ROE: SVI has a negative Return on Equity (-16.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is StorageVault Canada's financial position?


Financial Position Analysis

Short Term Liabilities: SVI's short term assets (CA$25.8M) exceed its short term liabilities (CA$13.0M).

Long Term Liabilities: SVI's short term assets (CA$25.8M) do not cover its long term liabilities (CA$1.1B).


Debt to Equity History and Analysis

Debt Level: SVI's debt to equity ratio (508.7%) is considered high.

Reducing Debt: SVI's debt to equity ratio has increased from 352.1% to 508.7% 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: Whilst unprofitable SVI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SVI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.8% per year.


Next Steps

Dividend

What is StorageVault Canada current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SVI's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: SVI's dividend (0.29%) is low compared to the top 25% of dividend payers in the Canadian market (5.34%).


Stability and Growth of Payments

Stable Dividend: SVI is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: SVI is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

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

5.6yrs

Average board tenure


CEO

Steven Scott (47 yo)

5.58yrs

Tenure

CA$1,174,183

Compensation

Mr. Steven Robert Scott, CA, has been Chairman and Chief Executive Officer at StorageVault Canada Inc. since April 28, 2015. Mr. Scott has been the Chairman, President and Chief Executive Officer at The Ac...


CEO Compensation Analysis

Compensation vs Market: Steven's total compensation ($USD906.29K) is below average for companies of similar size in the Canadian market ($USD1.34M).

Compensation vs Earnings: Steven's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Steven Scott
Chairman & CEO5.58yrsCA$1.17m0.099%
CA$ 1.4m
Iqbal Khan
CFO & Director5.58yrsCA$1.11m0.13%
CA$ 1.9m
Alan Simpson
Independent Director13.5yrsCA$199.08k0.83%
CA$ 11.8m
Robert Tamblyn
Independent Director5.58yrsCA$94.80k0.020%
CA$ 279.7k
Jay Fleming
Independent Director2.5yrsCA$107.41kno data

5.6yrs

Average Tenure

Experienced Board: SVI's board of directors are considered experienced (5.6 years average tenure).


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

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


Key Information

  • Name: StorageVault Canada Inc.
  • Ticker: SVI
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: CA$1.424b
  • Shares outstanding: 364.08m
  • Website: https://www.storagevaultcanada.com

Location

  • StorageVault Canada Inc.
  • 100 Canadian Road
  • Toronto
  • Ontario
  • M1R 4Z5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVITSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2007
SVAU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2007
0SVDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2007

Biography

StorageVault Canada Inc. engages in owning, managing, and renting self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Fees....


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 23:10
End of Day Share Price2020/12/01 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.