CNSX:TO

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Tower One Wireless

Executive Summary

Tower One Wireless Corp., together with its subsidiaries, owns, develops, and operates build-to-suit multitenant communications structures in Canada, the United States, Argentina, Colombia, and Mexico. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Tower One Wireless's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TO is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 28% a week.

Volatility Over Time: TO's weekly volatility (28%) has been stable over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

64.3%

TO

-0.6%

CA Telecom

-0.2%

CA Market


1 Year Return

76.9%

TO

-12.5%

CA Telecom

1.5%

CA Market

Return vs Industry: TO exceeded the Canadian Telecom industry which returned -12.6% over the past year.

Return vs Market: TO exceeded the Canadian Market which returned 2.1% over the past year.


Shareholder returns

TOIndustryMarket
7 Day64.3%-0.6%-0.2%
30 Day130.0%0.3%4.0%
90 Day91.7%3.2%12.9%
1 Year76.9%76.9%-7.5%-12.5%5.2%1.5%
3 Year-51.1%-51.1%5.7%-9.3%14.2%3.4%
5 Yearn/a24.4%-3.7%63.2%38.1%

Long-Term Price Volatility Vs. Market

How volatile is Tower One Wireless's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tower One Wireless undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Tower One Wireless is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Tower One Wireless 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.


Next Steps

  • Take a look at our analysis of TO'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 Tower One Wireless regulatory filings.
  • Explore potentially undervalued companies in the Telecom industry.

Future Growth

How is Tower One Wireless forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Telecom 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 Tower One Wireless 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 Tower One Wireless performed over the past 5 years?

-2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TO is currently unprofitable.

Growing Profit Margin: TO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TO is unprofitable, and losses have increased over the past 5 years at a rate of 2.1% per year.

Accelerating Growth: Unable to compare TO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TO is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (9.6%).


Return on Equity

High ROE: TO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Tower One Wireless's financial position?


Financial Position Analysis

Short Term Liabilities: TO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Whilst unprofitable TO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.8% per year.


Next Steps

Dividend

What is Tower One Wireless's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TO'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 TO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TO'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 TO'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?

2.8yrs

Average management tenure


CEO

Alex Ochoa (39 yo)

4yrs

Tenure

CA$204,000

Compensation

Mr. Alejandro Ochoa, also known as Alex, has been the Chief Executive Officer, President and Director of Tower One Wireless Corp. since January 12, 2017 and has been its Chairman. Mr. Ochoa served as Chief...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD161.63K) is about average for companies of similar size in the Canadian market ($USD153.85K).

Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Alejandro Ochoa
Chairman4yrsCA$204.00k12.75%
CA$ 1.4m
Santiago Rossi
CFO & Corporate Secretary1.83yrsCA$225.93k0.95%
CA$ 102.9k
Luis Parra
Chief Operating Officer3.42yrsCA$204.00kno data
Abbey Abdiye
Chief Accounting Officer1.83yrsCA$544.40kno data
John Logiudice
Head of Tower Services division2.83yrsno datano data
Rolland Bopp
no datano datano data

2.8yrs

Average Tenure

47yo

Average Age

Experienced Management: TO's management team is considered experienced (2.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tower One Wireless Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tower One Wireless Corp.
  • Ticker: TO
  • Exchange: CNSX
  • Founded: 2015
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: CA$10.822m
  • Shares outstanding: 94.10m
  • Website: https://www.toweronewireless.com

Location

  • Tower One Wireless Corp.
  • 535 Howe Street
  • Suite 600
  • Vancouver
  • British Columbia
  • V6C 2Z4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TOCNSX (Canadian National Stock Exchange)YesCommon StockCACADJan 2017
1P3NDB (Deutsche Boerse AG)YesCommon StockDEEURJan 2017
1P3NBST (Boerse-Stuttgart)YesCommon StockDEEURJan 2017
TOWT.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 2017

Biography

Tower One Wireless Corp., together with its subsidiaries, owns, develops, and operates build-to-suit multitenant communications structures in Canada, the United States, Argentina, Colombia, and Mexico. It ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 01:10
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.