TSXV:ACU

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Aurora Solar Technologies

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

16.7%

ACU

1.7%

CA Electronic

-1.2%

CA Market


1 Year Return

250.0%

ACU

5.9%

CA Electronic

-4.5%

CA Market

Return vs Industry: ACU exceeded the Canadian Electronic industry which returned 5% over the past year.

Return vs Market: ACU exceeded the Canadian Market which returned -3.8% over the past year.


Shareholder returns

ACUIndustryMarket
7 Day16.7%1.7%-1.2%
30 Day27.3%-3.3%-0.03%
90 Day121.1%-0.08%0.9%
1 Year250.0%250.0%5.9%5.9%-1.0%-4.5%
3 Year-20.8%-20.8%-31.5%-31.5%6.4%-4.0%
5 Year-16.0%-16.0%-22.2%-22.2%34.5%13.8%

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

Valuation

Is Aurora Solar Technologies undervalued compared to its fair value and its price relative to the market?

447.76x

Price to Earnings (PE) 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 poor value based on its PE Ratio (447.8x) compared to the CA Electronic industry average (47.8x).

PE vs Market: ACU is poor value based on its PE Ratio (447.8x) compared to the Canadian market (16.3x).


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 (7.5x) compared to the CA Electronic industry average (5.9x).


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?

125.7%

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

Past Performance

How has Aurora Solar Technologies performed over the past 5 years?

14.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACU has a high level of non-cash earnings.

Growing Profit Margin: ACU became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACU has become profitable over the past 5 years, growing earnings by 14.9% per year.

Accelerating Growth: ACU has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACU has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-18%).


Return on Equity

High ROE: ACU's Return on Equity (1.5%) is considered low.


Next Steps

Financial Health

How is Aurora Solar Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: ACU's short term assets (CA$3.2M) exceed its short term liabilities (CA$610.2K).

Long Term Liabilities: ACU's short term assets (CA$3.2M) 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.

Debt Coverage: ACU has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ACU has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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?

3.9yrs

Average board tenure


CEO

Gordon Deans (61 yo)

1.92yrs

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 ($USD0.00) is below average for companies of similar size in the Canadian market ($USD170.66K).

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


Board Members

NamePositionTenureCompensationOwnership
Gordon Deans
Founder1.92yrsCA$197.00k2.24%
CA$ 540.4k
Kenneth Cadien
Scientific Advisor & Member of Advisory Committeeno datano datano data
Stephen Blaine
Product & Technology Advisor and Member of Advisory Committeeno dataCA$194.50kno data
Vinay Prasad
Scientific Advisor & Member of Advisory Committeeno datano datano data
John McNicol
Independent Director3.92yrsCA$55.00k0.28%
CA$ 67.5k
Kevin Dodds
Director3.92yrsCA$80.00k0.19%
CA$ 45.0k
Robert Toyoda
Independent Director10.75yrsCA$10.00kno data

3.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: ACU's board of directors are considered experienced (3.9 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 21.8%.


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$24.162m
  • Shares outstanding: 107.39m
  • Website: https://aurorasolartech.com

Location

  • Aurora Solar Technologies Inc.
  • 100 – 788 Harbourside Drive
  • North Vancouver
  • British Columbia
  • V7P 3R7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACUTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2011
A82DB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2011
AACT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:10
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.