Torino Power Solutions Inc. develops and commercializes dynamic thermal circuit rating technology and proprietary system architecture for application in overhead transmission lines in Canada.
The last earnings update was 28 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Torino Power Solutions is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Torino Power Solutions has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Torino Power Solutions. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Torino Power Solutions's
is considered below, and whether this is a fair price.
Price based on past earnings
Torino Power Solutions's earnings available for a low price, and how does
this compare to other companies in the same industry?
Torino Power Solutions has negative assets, we can't compare the value of its assets to the CA Electronic industry average.
Take a look at our analysis of TPS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Torino Power Solutions's regulatory filings and announcements.
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 Torino Power Solutions 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Torino Power Solutions
expected to grow at an
Unable to compare Torino Power Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Torino Power Solutions's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Torino Power Solutions's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Torino Power Solutions is high growth as no earnings estimate data is available.
Unable to determine if Torino Power Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Torino Power Solutions's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Torino Power Solutions
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Torino Power Solutions's finances.
The net worth of a company is the difference between its assets and liabilities.
Torino Power Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Torino Power Solutions has no long term commitments.
This treemap shows a more detailed breakdown of
Torino Power Solutions's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Torino Power Solutions has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Ravinder S. Mlait, also known as Rav, BA, MBA, has been Chief Executive Officer, Chief Financial Officer, Secretary at Brockton Ventures Inc. since February 22, 2018 and has been its Director since January 26, 2018. Mr. Mlait has been Chief Executive Officer of Torino Power Solutions Inc. since December 1, 2015 and also serves as its President. Mr. Mlait has been Chief Executive Officer and President of Finore Mining Inc. since October 13, 2016. He serves as the Chief Executive Officer and Director at West Point Resources Inc. He served as President and Chief Executive Officer of Micron Waste Technologies Inc., since October 19, 2017 until January 13, 2019. Mr. Mlait has been the Chief Executive Officer of Cannabix Technologies Inc. since April 5, 2011. Mr. Mlait served as the Chief Executive Officer of Torino Ventures Inc. since December 01, 2015. Mr. Mlait served as the Chief Executive Officer and President of International Corona Capital Corp. (also known as Rockland Minerals Corp.) from July 15, 2008 to April 12, 2016. He served as a Vice President of Corporate Finance of Consolidated Pacific Bay Minerals Ltd. since December 2007. He served as President at Cannabix Technologies Inc. from April 5, 2011 to July 21, 2014. From January 2004 to May 2010, Mr. Mlait performed business development services for Pacific Bay Minerals Ltd. Mr. Mlait was in Investor Relations role with the Consolidated Pacific Bay for three years. He served as Vice President of Business Development from December 2007 to May 2010 and Corporate Communications Consultant of International Corona Capital Corp. from 2004 to 2007. He served as Consultant of Cusac Gold Mines Ltd. from January 2004 to November 2007. He has helped develop public companies listed on the TSX and TSX Venture exchange and OTCBB including junior gold producer, Cusac Gold Mines Ltd. He has been Director of Torino Power Solutions Inc. since February 27, 2015. He has been a Director at Cannabix Technologies Inc. since April 5, 2011 and Finore Mining Inc. since October 13, 2016. He served as Director at Torino Ventures Inc. since February 27, 2015. He served as a Director of International Corona Capital Corp. from June 12, 2008 to April 12, 2016 and Micron Waste Technologies Inc since October 13, 2016 until January 16, 2019. Mr. Mlait studied BA Economics from Simon Fraser University in 1999. Mr. Mlait holds an MBA at Royal Roads University in British Columbia in January 2010.
Rav's compensation has been consistent with company performance over the past year, both up more than 20%.
Rav's remuneration is about average for companies of similar size in Canada.
CFO, Secretary & Director
Chief Technology Officer
Board of Directors Tenure
Average tenure and age of the
Torino Power Solutions
board of directors in years:
The tenure for the Torino Power Solutions board of directors is about average.
Torino Power Solutions Inc. develops and commercializes dynamic thermal circuit rating technology and proprietary system architecture for application in overhead transmission lines in Canada. The company provides power line monitoring systems for electrical power transmission and distribution grids. It also offers sensors for use in oil pipelines, dams, bridges, and other infrastructure assets. The company is based in Burnaby, Canada.
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