TSXV:YAK

Stock Analysis Report

Mongolia Growth Group

Executive Summary

Mongolia Growth Group Ltd., a real estate investment and development company, owns commercial investment property assets in Ulaanbaatar, Mongolia.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Mongolia Growth Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: YAK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

YAK

-3.9%

CA Real Estate

-0.05%

CA Market


1 Year Return

-46.3%

YAK

-11.8%

CA Real Estate

-24.6%

CA Market

Return vs Industry: YAK underperformed the Canadian Real Estate industry which returned -9.1% over the past year.

Return vs Market: YAK underperformed the Canadian Market which returned -23.3% over the past year.


Shareholder returns

YAKIndustryMarket
7 Day0%-3.9%-0.05%
30 Day-10.0%-26.0%-21.2%
90 Day-14.3%-22.4%-24.7%
1 Year-46.3%-46.3%-10.4%-11.8%-22.1%-24.6%
3 Year-55.0%-55.0%7.7%1.5%-14.2%-22.1%
5 Year-79.8%-79.8%33.7%4.7%-1.9%-16.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Mongolia Growth Group undervalued compared to its fair value and its price relative to the market?

0.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate YAK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate YAK's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: YAK is good value based on its PB Ratio (0.2x) compared to the CA Real Estate industry average (0.6x).


Next Steps

Future Growth

How is Mongolia Growth Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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 Mongolia Growth Group 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.


Next Steps

Past Performance

How has Mongolia Growth Group performed over the past 5 years?

12.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: YAK is currently unprofitable.

Growing Profit Margin: YAK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: YAK is unprofitable, but has reduced losses over the past 5 years at a rate of 12.4% per year.

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

Earnings vs Industry: YAK is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-22.9%).


Return on Equity

High ROE: YAK has a negative Return on Equity (-2.93%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mongolia Growth Group's financial position?


Financial Position Analysis

Short Term Liabilities: YAK's short term assets (CA$2.3M) do not cover its short term liabilities (CA$3.5M).

Long Term Liabilities: YAK's short term assets (CA$2.3M) exceed its long term liabilities (CA$710.0K).


Debt to Equity History and Analysis

Debt Level: YAK's debt to equity ratio (2.4%) is considered satisfactory.

Reducing Debt: YAK's debt to equity ratio has reduced from 6.6% to 2.4% over the past 5 years.


Balance Sheet

Inventory Level: YAK has a high level of physical assets or inventory.

Debt Coverage by Assets: YAK's debt is covered by short term assets (assets are 3.4x debt).


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

Forecast Cash Runway: YAK has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 38.6% each year.


Next Steps

Dividend

What is Mongolia Growth Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if YAK'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 YAK'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?

5.3yrs

Average board tenure


CEO

Harris Kupperman

5.33s

Tenure

CA$194,955

Compensation

Mr. Harris Kupperman has been the Chief Executive Officer of Mongolia Growth Group Ltd. since December 15, 2014. Mr. Kupperman is a co-founder of Mongolia Growth Group. Mr. Kupperman served as the Presiden ...


CEO Compensation Analysis

Compensation vs Market: Harris's total compensation ($USD137.23K) is about average for companies of similar size in the Canadian market ($USD158.02K).

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


Board Members

NamePositionTenureCompensationOwnership
Harris Kupperman
Executive Chairman & CEO5.33yrsCA$194.96k18.88% CA$1.1m
James Dwyer
Independent Director5.33yrsCA$10.00kno data
Robert Scott
Independent Director5.33yrsCA$10.00k0.52% CA$30.3k
Bradley Farquhar
Independent Director5.33yrsCA$10.00k0.31% CA$18.0k
Nick Cousyn
Independent Director5.33yrsCA$44.61k0.055% CA$3.2k

5.3yrs

Average Tenure

Experienced Board: YAK's board of directors are considered experienced (5.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 31.9%.


Top Shareholders

Company Information

Mongolia Growth Group Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mongolia Growth Group Ltd.
  • Ticker: YAK
  • Exchange: TSXV
  • Founded: 2007
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: CA$5.853m
  • Shares outstanding: 32.52m
  • Website: https://www.mongoliagrowthgroup.com

Number of Employees


Location

  • Mongolia Growth Group Ltd.
  • First Canadian Place
  • 56th Floor
  • Toronto
  • Ontario
  • M5X 1C9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YAKTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2008
MNGG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2008

Biography

Mongolia Growth Group Ltd., a real estate investment and development company, owns commercial investment property assets in Ulaanbaatar, Mongolia. Its investment portfolio consists of residential, office, retail, and land and redevelopment sites. The company was formerly known as Summus Capital Corp. and changed its name to Mongolia Growth Group Ltd. in February 2011. Mongolia Growth Group Ltd. was incorporated in 2007 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 06:33
End of Day Share Price2020/04/01 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.