Executive Summary
Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Aurora Solar Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: ACU's weekly volatility (15%) has been stable over the past year.
Market Performance
7 Day Return
16.4%
ACU
6.0%
CA Electronic
-0.2%
CA Market
1 Year Return
239.1%
ACU
11.3%
CA Electronic
1.5%
CA Market
Return vs Industry: ACU exceeded the Canadian Electronic industry which returned 9.6% over the past year.
Return vs Market: ACU exceeded the Canadian Market which returned 2.1% over the past year.
Shareholder returns
| ACU | Industry | Market | |
|---|---|---|---|
| 7 Day | 16.4% | 6.0% | -0.2% |
| 30 Day | 34.5% | 19.9% | 4.0% |
| 90 Day | 69.6% | 31.2% | 12.9% |
| 1 Year | 239.1%239.1% | 11.3%11.3% | 5.2%1.5% |
| 3 Year | 39.3%39.3% | -15.7%-15.7% | 14.2%3.4% |
| 5 Year | 160.0%160.0% | 20.2%20.1% | 63.2%38.1% |
Long-Term Price Volatility Vs. Market
How volatile is Aurora Solar Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Aurora Solar Technologies Inc.'s (CVE:ACU) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?7 months ago | Simply Wall St
What Kind Of Shareholders Own Aurora Solar Technologies Inc. (CVE:ACU)?10 months ago | Simply Wall St
What You Must Know About Aurora Solar Technologies Inc.'s (CVE:ACU) Beta ValueValuation
Is Aurora Solar Technologies undervalued compared to its fair value and its price relative to the market?
17.05x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ACU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ACU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ACU is unprofitable, so we can't compare its PE Ratio to the CA Electronic industry average.
PE vs Market: ACU 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 ACU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ACU is overvalued based on its PB Ratio (17.1x) compared to the CA Electronic industry average (7.3x).
Next Steps
Future Growth
How is Aurora Solar Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
35.2%
Forecasted Tech 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 Aurora Solar Technologies 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
- Examine Aurora Solar Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Aurora Solar Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Aurora Solar Technologies performed over the past 5 years?
15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACU is currently unprofitable.
Growing Profit Margin: ACU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ACU is unprofitable, but has reduced losses over the past 5 years at a rate of 15.3% per year.
Accelerating Growth: Unable to compare ACU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ACU is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (7.1%).
Return on Equity
High ROE: ACU has a negative Return on Equity (-34.39%), as it is currently unprofitable.
Next Steps
Financial Health
How is Aurora Solar Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: ACU's short term assets (CA$2.7M) exceed its short term liabilities (CA$583.9K).
Long Term Liabilities: ACU's short term assets (CA$2.7M) exceed its long term liabilities (CA$282.1K).
Debt to Equity History and Analysis
Debt Level: ACU is debt free.
Reducing Debt: ACU has not had any debt for past 5 years.
Balance Sheet
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: ACU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ACU has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 7.6% each year.
Next Steps
Dividend
What is Aurora Solar Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ACU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ACU'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 ACU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ACU'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 ACU'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?
4.2yrs
Average board tenure
CEO
Gordon Deans (61 yo)
2.17yrs
Tenure
CA$197,000
Compensation
Mr. Gordon Deans, MEng, PEng, has been Chief Executive Officer and President of Aurora Solar Technologies Inc. since November 15, 2018 and has been its Director since December 21, 2018. He is the Founder o...
CEO Compensation Analysis
Compensation vs Market: Gordon's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD153.85K).
Compensation vs Earnings: Gordon's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 2.17yrs | CA$197.00k | 2.01% CA$ 924.7k | |
| Scientific Advisor & Member of Advisory Committee | no data | no data | no data | |
| Product & Technology Advisor and Member of Advisory Committee | no data | CA$194.50k | no data | |
| Scientific Advisor & Member of Advisory Committee | no data | no data | no data | |
| Independent Director | 4.17yrs | CA$55.00k | 0.25% CA$ 115.5k | |
| Director | 4.17yrs | CA$80.00k | 0.17% CA$ 77.0k | |
| Independent Director | 11yrs | CA$10.00k | no data |
4.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ACU's board of directors are considered experienced (4.2 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 been diluted in the past year, with total shares outstanding growing by 35.6%.
Top Shareholders
Company Information
Aurora Solar Technologies Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Aurora Solar Technologies Inc.
- Ticker: ACU
- Exchange: TSXV
- Founded: 2006
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$46.049m
- Shares outstanding: 119.61m
- Website: https://aurorasolartech.com
Location
- Aurora Solar Technologies Inc.
- 100 – 788 Harbourside Drive
- North Vancouver
- British Columbia
- V7P 3R7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ACU | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Nov 2011 |
| A82 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Nov 2011 |
| AACT.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Nov 2011 |
Biography
Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada. The company offers DM ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:04 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.