TSX:GBT

Stock Analysis Report

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.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.

Risks

  • BMTC Group has significant price volatility in the past 3 months.
  • BMTC Group is covered by less than 3 analysts.

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


Market Performance


7 Day Return

0%

GBT

-1.4%

CA Specialty Retail

0.9%

CA Market


1 Year Return

-33.6%

GBT

-30.2%

CA Specialty Retail

-0.2%

CA Market

GBT underperformed the Specialty Retail industry which returned -30.6% over the past year.

GBT underperformed the Market in Canada which returned -0.1% over the past year.


Share holder returns

GBTIndustryMarket
7 Day0%-1.4%0.9%
30 Day-4.1%-0.9%5.7%
90 Day-16.4%-3.0%1.8%
1 Year-32.2%-33.6%-28.3%-30.2%3.3%-0.2%
3 Year-16.5%-21.2%-22.3%-27.9%19.2%8.5%
5 Year-25.9%-32.3%-27.8%-36.3%23.3%5.8%

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

Here's Why BMTC Group (TSE:GBT) Can Manage Its Debt Responsibly

Valuation

Is BMTC Group undervalued based on future cash flows and its price relative to the stock market?

10.73x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

BMTC Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

BMTC Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

BMTC Group is good value based on earnings compared to the CA Specialty Retail industry average.

BMTC Group is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for BMTC Group, we can't assess if its growth is good value.


Price Based on Value of Assets

BMTC Group is overvalued based on assets compared to the CA Specialty Retail industry average.


Next Steps

Future Growth

How is BMTC Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BMTC Group's revenue is expected to grow by 0.9% yearly, however this is not considered high growth (20% yearly).

BMTC Group's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).

BMTC Group's revenue growth is positive but not above the Canada market average.

BMTC Group's earnings growth is positive but not above the Canada market average.

BMTC Group's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if BMTC Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has BMTC Group performed over the past 5 years?

-5.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BMTC Group's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

BMTC Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

BMTC Group's 1-year earnings growth is negative, it can't be compared to the CA Specialty Retail industry average.


Return on Equity

BMTC Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

BMTC Group used its assets more efficiently than the CA Specialty Retail industry average last year based on Return on Assets.


Return on Capital Employed

BMTC Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is BMTC Group's financial position?


Financial Position Analysis

BMTC Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

BMTC Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

BMTC Group's level of debt (0.5%) compared to net worth is satisfactory (less than 40%).

Unable to establish if BMTC Group's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (2968.9%, greater than 20% of total debt).

BMTC Group earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 82.9x debt.


Next Steps

Dividend

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

2.69%

Current Dividend Yield


Dividend Yield and Payments Analysis

BMTC Group's pays a higher dividend yield than the bottom 25% of dividend payers in Canada (1.95%).

BMTC Group's dividend is below the markets top 25% of dividend payers in Canada (5.78%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.5x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of BMTC Group's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average management tenure


CEO

Marie-Berthe Groseillers 0

1.3yrs

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

Marie-Berthe's remuneration is higher than average for companies of similar size in Canada.

Marie-Berthe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

2.4yrs

Average Tenure

The tenure for the BMTC Group management team is about average.


Board Age and Tenure

10.9yrs

Average Tenure

The average tenure for the BMTC Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Maurice Tanguay

    President of Ameublements Tanguay Inc

    • Tenure: 0yrs
    • Compensation: CA$208.00k
  • André Jolicoeur

    Vice President of Finance of Ameublements Tanguay Inc

    • Tenure: 0yrs
    • Compensation: CA$329.26k
  • Marie-Berthe Groseillers

    President

    • Tenure: 1.3yrs
    • Compensation: CA$1.41m
  • Guy Brouillette

    President of Brault & Martineau and Economax Divisions

    • Tenure: 4.7yrs
    • Compensation: CA$687.40k
  • Sylvie Bélanger

    Chief Financial Officer

    • Tenure: 2.4yrs
    • Compensation: CA$462.80k
  • Michèle Des Groseillers

    Secretary

    • Tenure: 0yrs

Board Members

  • André Bérard (78yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: CA$100.00k
  • Yves Groseillers

    Chairman

    • Tenure: 0yrs
    • Compensation: CA$915.70k
  • Charles Groseillers

    Director

    • Tenure: 17.4yrs
    • Compensation: CA$265.00k
  • Lucien Bouchard (80yo)

    Director

    • Tenure: 15.4yrs
    • Compensation: CA$100.00k
  • Marie-Berthe Groseillers

    President

    • Tenure: 1.3yrs
    • Compensation: CA$1.41m
  • Anne-Marie Leclair

    Director

    • Tenure: 1.3yrs
    • Compensation: CA$100.00k
  • Tony Fionda

    Director

    • Tenure: 7.4yrs
    • Compensation: CA$100.00k
  • Gabriel Castiglio

    Director

    • Tenure: 4.3yrs
    • Compensation: CA$100.00k

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$356.636m
  • Shares outstanding: 34.29m
  • Website: https://www.bmtc.ca

Number of Employees


Location

  • BMTC Group Inc.
  • 8500 Place Marien
  • Montréal East
  • Montreal
  • Quebec
  • H1B 5W8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GBTTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 23:32
End of Day Share Price2019/09/20 00:00
Earnings2019/07/31
Annual Earnings2019/01/31


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.