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Composite Alliance Group

TSXV:CAG
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CAG
TSXV
CA$15M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Techni Modul Engineering S.A. design and manufacture molding machines. The last earnings update was 71 days ago. More info.


Add to Portfolio Compare Print
  • Composite Alliance Group has significant price volatility in the past 3 months.
CAG Share Price and Events
7 Day Returns
-6.7%
TSXV:CAG
0.3%
CA Electronic
0.9%
CA Market
1 Year Returns
-
TSXV:CAG
-6.1%
CA Electronic
3.8%
CA Market
CAG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Composite Alliance Group (CAG) -6.7% 0% - - - -
CA Electronic 0.3% 3% 4.9% -6.1% 0.2% 4.3%
CA Market 0.9% 2.9% 7.8% 3.8% 15.6% 7.5%
1 Year Return vs Industry and Market
  • No trading data on CAG.
  • No trading data on CAG.
Price Volatility
Industry
5yr Volatility vs Market

CAG Value

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

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Composite Alliance Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Composite Alliance Group.

TSXV:CAG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:CAG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6.7%
Electronic Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.719 (1 + (1- 33%) (33.32%))
0.919
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.92
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.919 * 6.65%)
8.06%

Discounted Cash Flow Calculation for TSXV:CAG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Composite Alliance Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:CAG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.06%)
2019 2.78 Est @ 4.97% 2.58
2020 2.90 Est @ 4.06% 2.48
2021 3.00 Est @ 3.43% 2.38
2022 3.09 Est @ 2.98% 2.26
2023 3.17 Est @ 2.67% 2.15
2024 3.25 Est @ 2.46% 2.04
2025 3.32 Est @ 2.3% 1.93
2026 3.39 Est @ 2.2% 1.83
2027 3.47 Est @ 2.12% 1.73
2028 3.54 Est @ 2.07% 1.63
Present value of next 10 years cash flows €21.00
TSXV:CAG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €3.54 × (1 + 1.95%) ÷ (8.06% – 1.95%)
€59.01
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €59.01 ÷ (1 + 8.06%)10
€27.18
TSXV:CAG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €21.00 + €27.18
€48.18
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €48.18 / 110.23
€0.44
TSXV:CAG Discount to Share Price
Calculation Result
Exchange Rate EUR/CAD
(Reporting currency to currency of TSXV:CAG)
1.503
Value per Share
(CAD)
= Value per Share in EUR x Exchange Rate (EUR/CAD)
= €0.44 x 1.503
CA$0.66
Value per share (CAD) From above. CA$0.66
Current discount Discount to share price of CA$0.14
= -1 x (CA$0.14 - CA$0.66) / CA$0.66
78.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Composite Alliance Group is available for.
Intrinsic value
>50%
Share price is CA$0.14 vs Future cash flow value of CA$0.65714
Current Discount Checks
For Composite Alliance Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Composite Alliance Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Composite Alliance Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Composite Alliance Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Composite Alliance Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:CAG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in EUR €-0.07
TSXV:CAG Share Price ** TSXV (2019-04-22) in CAD CA$0.14
TSXV:CAG Share Price converted to EUR reporting currency Exchange rate (CAD/ EUR) 0.665 €0.09
Canada Electronic Industry PE Ratio Median Figure of 6 Publicly-Listed Electronic Companies 15.88x
Canada Market PE Ratio Median Figure of 557 Publicly-Listed Companies 15.08x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Composite Alliance Group.

TSXV:CAG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:CAG Share Price ÷ EPS (both in EUR)

= 0.09 ÷ -0.07

-1.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Composite Alliance Group is loss making, we can't compare its value to the CA Electronic industry average.
  • Composite Alliance Group is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Composite Alliance Group's expected growth come at a high price?
Raw Data
TSXV:CAG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Electronic Industry PEG Ratio Median Figure of 62 Publicly-Listed Electronic Companies 1.45x
Canada Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Composite Alliance Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Composite Alliance Group's assets?
Raw Data
TSXV:CAG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in EUR €-0.04
TSXV:CAG Share Price * TSXV (2019-04-22) in CAD CA$0.14
TSXV:CAG Share Price converted to EUR reporting currency Exchange rate (CAD/ EUR) 0.665 €0.09
Canada Electronic Industry PB Ratio Median Figure of 20 Publicly-Listed Electronic Companies 2.26x
Canada Market PB Ratio Median Figure of 2,379 Publicly-Listed Companies 1.5x
TSXV:CAG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CAG Share Price ÷ Book Value per Share (both in EUR)

= 0.09 ÷ -0.04

-2.6x

* Primary Listing of Composite Alliance Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Composite Alliance Group has negative assets, we can't compare the value of its assets to the CA Electronic industry average.
X
Value checks
We assess Composite Alliance Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Composite Alliance Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CAG Future Performance

 How is Composite Alliance Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Composite Alliance Group 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 growth 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 it right!
Annual Growth Rate
13.9%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Composite Alliance Group expected to grow at an attractive rate?
  • Unable to compare Composite Alliance Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Composite Alliance Group's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Composite Alliance Group's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:CAG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Electronic Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
Canada Electronic Industry Revenue Growth Rate Market Cap Weighted Average 6.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 18%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:CAG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:CAG Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-09-30 4 3 -1
2018-06-30 4 3 -1
2018-03-31 4 3 -1
2017-12-31 4 3 -2
2016-12-31 7 -2 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Composite Alliance Group is high growth as no earnings estimate data is available.
  • Unable to determine if Composite Alliance Group 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.
Raw Data
TSXV:CAG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Composite Alliance Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CAG Past Financials Data
Date (Data in EUR Millions) EPS *
2018-09-30
2018-06-30 -0.07
2018-03-31 -0.08
2017-12-31 -0.08
2016-12-31 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Composite Alliance Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Composite Alliance Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Composite Alliance Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Composite Alliance Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Composite Alliance Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CAG Past Performance

  How has Composite Alliance Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Composite Alliance Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Composite Alliance Group does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Composite Alliance Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Composite Alliance Group's 1-year growth to the CA Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Composite Alliance Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Composite Alliance Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:CAG Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 4.43 -1.14 1.72
2018-06-30 3.75 -1.43 1.75
2018-03-31 3.66 -1.49 1.87
2017-12-31 3.56 -1.55 2.00
2016-12-31 6.68 0.57 2.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Composite Alliance Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Composite Alliance Group has efficiently used its assets last year compared to the CA Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Composite Alliance Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Composite Alliance Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Composite Alliance Group 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.

Full details on the Past part of the Simply Wall St company analysis model.

CAG Health

 How is Composite Alliance Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Composite Alliance Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Composite Alliance Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Composite Alliance Group's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Composite Alliance Group'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Composite Alliance Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Composite Alliance Group Company Filings, last reported 6 months ago.

TSXV:CAG Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -0.65 3.42 0.72
2018-06-30 -0.80 3.17 0.23
2018-03-31 -0.80 3.17 0.23
2017-12-31 -0.10 3.11 0.14
2016-12-31 1.38 3.07 0.20
  • Composite Alliance Group has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Composite Alliance Group's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Composite Alliance Group has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Composite Alliance Group has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -108.5% per year.
X
Financial health checks
We assess Composite Alliance Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Composite Alliance Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CAG Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Composite Alliance Group dividends.
If you bought CA$2,000 of Composite Alliance Group shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Composite Alliance Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Composite Alliance Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:CAG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 1.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.4%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Composite Alliance Group has not reported any payouts.
  • Unable to verify if Composite Alliance Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Composite Alliance Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Composite Alliance Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Composite Alliance Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Composite Alliance Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Composite Alliance Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CAG Management

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

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.
CEO
Jim Hsieh
AGE 59
TENURE AS CEO 0.2 years
CEO Bio

Mr. Yu-Chung Hsieh, also known as Jim, serves as President, Chief Executive Officer and Director of CanAsia Financial Inc. (now Composite Alliance Group Inc.) since February 2019. Mr. Hseih served as Director at CanAsia Financial Inc. until January 2019.

CEO Compensation
  • Insufficient data for Jim to compare compensation growth.
  • Insufficient data for Jim to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Composite Alliance Group management team in years:

0.2
Average Tenure
  • The average tenure for the Composite Alliance Group management team is less than 2 years, this suggests a new team.
Management Team

Jim Hsieh

TITLE
President
AGE
59
TENURE
0.2 yrs

Debbie Chien

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Corinne Marchat

TITLE
Chief Financial Officer of TME

V. Burstall

TITLE
Corporate Secretary & Director
AGE
57
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Composite Alliance Group board of directors in years:

0.2
Average Tenure
57
Average Age
  • The average tenure for the Composite Alliance Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jim Hsieh

TITLE
President
AGE
59
TENURE
0.2 yrs

V. Burstall

TITLE
Corporate Secretary & Director
AGE
57
TENURE
0.2 yrs

Serge Luquain

TITLE
Director
TENURE
0.2 yrs

Sicheng Zhang

TITLE
Director
AGE
53
TENURE
0.2 yrs

Bill Cui

TITLE
Director
TENURE
0.2 yrs

Ron Love

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Composite Alliance Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Composite Alliance Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CAG News

Simply Wall St News

CAG Company Info

Description

Techni Modul Engineering S.A. design and manufacture molding machines. The company’s products include lay-up equipment, compaction and hot drape forming, molds, handling tools, and molding press. Techni Modul Engineering S.A. was founded in 2000 and is headquartered in Coudes, France. The company has additional offices in Parent, France and Texas, United States.

Details
Name: Composite Alliance Group Inc.
CAG
Exchange: TSXV
Founded: 2000
CA$15,432,705
110,233,610
Website: http://www.tme-composites.com
Address: Composite Alliance Group Inc.
Z.A. de Pérache,
Coudes,
Auvergne, 63114,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CAG Common Shares TSX Venture Exchange CA CAD 26. Jan 2019
Number of employees
Current staff
Staff numbers
32
Composite Alliance Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 01:18
End of day share price update: 2019/04/22 00:00
Last earnings filing: 2019/02/11
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.