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New Look Vision Group

Executive Summary

New Look Vision Group Inc. provides eye care products and services in Canada and the United States. More Details


Snowflake Analysis

Slightly overvalued with limited growth.


Similar Companies

Share Price & News

How has New Look Vision Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.3%

BCI

-2.8%

CA Specialty Retail

-2.8%

CA Market


1 Year Return

-7.6%

BCI

-2.4%

CA Specialty Retail

-8.8%

CA Market

Return vs Industry: BCI underperformed the Canadian Specialty Retail industry which returned -2.4% over the past year.

Return vs Market: BCI exceeded the Canadian Market which returned -8.8% over the past year.


Shareholder returns

BCIIndustryMarket
7 Day-1.3%-2.8%-2.8%
30 Day1.7%4.1%-2.7%
90 Day11.4%29.3%5.5%
1 Year-7.1%-7.6%0.2%-2.4%-5.6%-8.8%
3 Year-6.7%-10.5%-21.9%-28.2%7.5%-2.9%
5 Year6.7%-1.7%8.5%-5.3%41.8%20.0%

Price Volatility Vs. Market

How volatile is New Look Vision Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is New Look Vision Group undervalued compared to its fair value and its price relative to the market?

46.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCI (CA$29.5) is trading below our estimate of fair value (CA$55.6)

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


Price To Earnings Ratio

PE vs Industry: BCI is unprofitable, so we can't compare its PE Ratio to the XN Specialty Retail industry average.

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


Price to Book Ratio

PB vs Industry: BCI is overvalued based on its PB Ratio (3.6x) compared to the CA Specialty Retail industry average (1.5x).


Next Steps

Future Growth

How is New Look Vision Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

21.8%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

Earnings vs Market: Insufficient data to determine if BCI'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: BCI's revenue (21.8% per year) is forecast to grow faster than the Canadian market (5.4% per year).

High Growth Revenue: BCI's revenue (21.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has New Look Vision Group performed over the past 5 years?

7.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCI is currently unprofitable.

Growing Profit Margin: BCI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BCI is unprofitable, but has reduced losses over the past 5 years at a rate of 7.6% per year.

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

Earnings vs Industry: BCI is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-4.8%).


Return on Equity

High ROE: BCI has a negative Return on Equity (-1.81%), as it is currently unprofitable.


Next Steps

Financial Health

How is New Look Vision Group's financial position?


Financial Position Analysis

Short Term Liabilities: BCI's short term assets (CA$126.2M) exceed its short term liabilities (CA$85.6M).

Long Term Liabilities: BCI's short term assets (CA$126.2M) do not cover its long term liabilities (CA$360.6M).


Debt to Equity History and Analysis

Debt Level: BCI's debt to equity ratio (155.1%) is considered high.

Reducing Debt: BCI's debt to equity ratio has increased from 98.2% to 155.1% over the past 5 years.

Debt Coverage: BCI's debt is not well covered by operating cash flow (17.5%).

Interest Coverage: BCI is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is New Look Vision Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

2.4yrs

Average management tenure


CEO

Antoine Amiel

5.25yrs

Tenure

CA$704,520

Compensation

Mr. Antoine Amiel has been President and Chief Executive Officer of New Look Vision Group Inc. since June 1, 2015. Mr. Amiel serves as the President of Nikon Optical USA Inc. Mr. Amiel has been Senior Exec ...


CEO Compensation Analysis

Compensation vs Market: Antoine's total compensation ($USD529.09K) is below average for companies of similar size in the Canadian market ($USD872.91K).

Compensation vs Earnings: Antoine's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Antoine Amiel
Vice Chairman5.25yrsCA$704.52k1.33%
CA$ 6.1m
Tania Clarke
Senior VP & CFO2.58yrsCA$362.69kno data
Jean-Michel Maltais
Senior Vice President of Omnichannel1.5yrsCA$659.87kno data
Jason Schonfeld
Senior Vice of President of Business Development0.67yrCA$590.02k0.0045%
CA$ 20.7k
Éric Babin
President of IRIS Vision Group2.92yrsCA$279.65kno data
France Reimnitz
Vice President of Marketing & Merchandisingno datano data0.16%
CA$ 735.4k
Richard Cherney
Secretary & Independent Director22.67yrsno data0.10%
CA$ 466.8k
Juanita Leary
President of Vogue Optical2.25yrsCA$259.19k0.080%
CA$ 370.8k
Pierre Freiji
President of Greiche & Scaff2.58yrsno datano data
Edward Beiner
President of Edward Beiner Group0.67yrno datano data

2.4yrs

Average Tenure

Experienced Management: BCI's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Antoine Amiel
Vice Chairman5.25yrsCA$704.52k1.33%
CA$ 6.1m
Richard Cherney
Secretary & Independent Director22.67yrsno data0.10%
CA$ 466.8k
Paul Echenberg
Independent Director29.67yrsCA$72.00k1.25%
CA$ 5.8m
William Bennett
Independent Chairman of the Board10.5yrsCA$26.51k4.13%
CA$ 19.1m
Charles Pearson
Independent Director25.67yrsCA$100.00k1.74%
CA$ 8.0m
M. Cleman
Independent Director16.67yrsCA$61.00k0.33%
CA$ 1.5m
Denyse Chicoyne
Independent Director1.67yrsCA$60.50kno data
Pierre Matuszewski
Independent Director2.33yrsCA$62.50k0.0096%
CA$ 44.4k
John MacLeod
Chairman of Vogue Opticalno dataCA$297.21k0.0084%
CA$ 38.8k

13.6yrs

Average Tenure

74yo

Average Age

Experienced Board: BCI's board of directors are seasoned and experienced ( 13.6 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

New Look Vision Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: New Look Vision Group Inc.
  • Ticker: BCI
  • Exchange: TSX
  • Founded: 1986
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: CA$461.976m
  • Shares outstanding: 15.66m
  • Website: https://www.newlookvision.ca

Number of Employees


Location

  • New Look Vision Group Inc.
  • 1 Place Ville-Marie
  • Suite 3670
  • Montreal
  • Quebec
  • H3B 3P2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCITSX (The Toronto Stock Exchange)YesClass A Common SharesCACADAug 1988

Biography

New Look Vision Group Inc. provides eye care products and services in Canada and the United States. It offers prescription eyewear and non-prescription eyewear; contact lenses; sunglasses, protective eyewe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/23 06:13
End of Day Share Price2020/09/22 00:00
Earnings2020/06/27
Annual Earnings2019/12/28


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.