Executive Summary
BMTC Group Inc., through its subsidiary, Ameublements Tanguay Inc., manages and operates a retail network of furniture, household appliances, and electronic products in Canada.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -7.1% per year for the next 3 years
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has BMTC Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBT's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.5%
GBT
1.5%
CA Specialty Retail
0.9%
CA Market
1 Year Return
-47.6%
GBT
-30.8%
CA Specialty Retail
-11.4%
CA Market
Return vs Industry: GBT underperformed the Canadian Specialty Retail industry which returned -32.8% over the past year.
Return vs Market: GBT underperformed the Canadian Market which returned -11.4% over the past year.
Shareholder returns
| GBT | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 1.5% | 0.9% |
| 30 Day | 11.4% | 8.7% | 4.5% |
| 90 Day | -18.2% | -21.8% | -9.3% |
| 1 Year | -46.3%-47.6% | -28.6%-30.8% | -8.4%-11.4% |
| 3 Year | -38.8%-42.5% | -39.2%-43.9% | 0.4%-8.9% |
| 5 Year | -53.5%-57.8% | -36.9%-45.1% | 16.9%-0.3% |
Price Volatility Vs. Market
How volatile is BMTC Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is BMTC Group Inc.'s (TSE:GBT) 3.7% Dividend Worth Your Time?2 months ago | Simply Wall St
Should You Be Concerned About BMTC Group Inc.'s (TSE:GBT) Historical Volatility?2 months ago | Simply Wall St
Does BMTC Group (TSE:GBT) Have A Healthy Balance Sheet?Valuation
Is BMTC Group undervalued compared to its fair value and its price relative to the market?
7.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GBT (CA$7) is trading above our estimate of fair value (CA$4.08)
Significantly Below Fair Value: GBT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GBT is good value based on its PE Ratio (7.4x) compared to the Specialty Retail industry average (9.5x).
PE vs Market: GBT is good value based on its PE Ratio (7.4x) compared to the Canadian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: GBT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GBT is good value based on its PB Ratio (0.9x) compared to the CA Specialty Retail industry average (1x).
Next Steps
Future Growth
How is BMTC Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-7.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GBT's earnings are forecast to decline over the next 3 years (-7.1% per year).
Earnings vs Market: GBT's earnings are forecast to decline over the next 3 years (-7.1% per year).
High Growth Earnings: GBT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GBT's revenue is expected to decline over the next 3 years (-9.7% per year).
High Growth Revenue: GBT's revenue is forecast to decline over the next 3 years (-9.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GBT's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has BMTC Group performed over the past 5 years?
-4.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBT has high quality earnings.
Growing Profit Margin: GBT's current net profit margins (4.5%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: GBT's earnings have declined by -4.9% per year over the past 5 years.
Accelerating Growth: GBT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GBT had negative earnings growth (-28.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (1.2%).
Return on Equity
High ROE: GBT's Return on Equity (12.7%) is considered low.
Next Steps
Financial Health
How is BMTC Group's financial position?
Financial Position Analysis
Short Term Liabilities: GBT's short term assets (CA$110.5M) do not cover its short term liabilities (CA$129.0M).
Long Term Liabilities: GBT's short term assets (CA$110.5M) exceed its long term liabilities (CA$19.6M).
Debt to Equity History and Analysis
Debt Level: GBT's debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GBT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GBT's debt is well covered by operating cash flow (264.3%).
Interest Coverage: GBT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is BMTC Group's current dividend yield, its reliability and sustainability?
3.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GBT's dividend (4%) is higher than the bottom 25% of dividend payers in the Canadian market (2.04%).
High Dividend: GBT's dividend (4%) is low compared to the top 25% of dividend payers in the Canadian market (6.51%).
Stability and Growth of Payments
Stable Dividend: GBT's dividend payments have been volatile in the past 10 years.
Growing Dividend: GBT's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.7%), GBT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Marie-Berthe Groseillers
2yrs
Tenure
CA$1,413,600
Compensation
Ms. Marie-Berthe Des Groseillers has been President and Chief Executive Officer of BMTC Group Inc. since June 7, 2018 and its Director since April 2005. She served as Secretary of BMTC Group Inc. since Apr ...
CEO Compensation Analysis
Compensation vs Market: Marie-Berthe's total compensation ($USD1.04M) is above average for companies of similar size in the Canadian market ($USD730.29K).
Compensation vs Earnings: Marie-Berthe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | CA$1.41m | 0.15% CA$365.8k | |
| Chief Financial Officer | 3.17yrs | CA$462.80k | no data | |
| President of Brault & Martineau and Economax Divisions | 5.42yrs | CA$687.40k | 0.076% CA$182.3k | |
| President of Ameublements Tanguay Inc | no data | CA$208.00k | no data | |
| Secretary | no data | no data | no data | |
| Vice President of Finance of Ameublements Tanguay Inc | no data | CA$329.26k | no data |
3.2yrs
Average Tenure
Experienced Management: GBT's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | CA$1.41m | 0.15% CA$365.8k | |
| Independent Lead Director | no data | CA$100.00k | 0.20% CA$486.8k | |
| Chairman | no data | CA$915.70k | 62.72% CA$149.8m | |
| Director | 18.17yrs | CA$265.00k | 0.059% CA$140.4k | |
| Director | 16.17yrs | CA$100.00k | 0.16% CA$374.5k | |
| Independent Director | 2yrs | CA$100.00k | 0.021% CA$50.4k | |
| Independent Director | 8.17yrs | CA$100.00k | 0.065% CA$154.5k | |
| Director | 5.08yrs | CA$100.00k | 0.044% CA$106.0k |
11.7yrs
Average Tenure
Experienced Board: GBT's board of directors are seasoned and experienced ( 11.7 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BMTC Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: BMTC Group Inc.
- Ticker: GBT
- Exchange: TSX
- Founded: 1989
- Industry: Homefurnishing Retail
- Sector: Retail
- Market Cap: CA$238.795m
- Shares outstanding: 34.02m
- Website: https://www.bmtc.ca
Number of Employees
Location
- BMTC Group Inc.
- 8500 Place Marien
- Montréal East
- Montreal
- Quebec
- H1B 5W8
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBT | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Nov 1989 |
Biography
BMTC Group Inc., through its subsidiary, Ameublements Tanguay Inc., manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through two divisions, Brault & Martineau and EconoMax. It operates retail outlets in 32 locations in Quebec province. The company was incorporate in 1989 and is headquartered in Montreal, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/03 02:15 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2019/10/31 |
| Annual Earnings | 2019/01/31 |
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.