CNSX:TO

Stock Analysis Report

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.

Snowflake

Fundamentals

Weak fundamentals or lack of information.


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


Market Performance


7 Day Return

0%

TO

-0.5%

CA Telecom

-0.2%

CA Market


1 Year Return

-50.0%

TO

14.1%

CA Telecom

1.1%

CA Market

Return vs Industry: TO underperformed the Canadian Telecom industry which returned 14.1% over the past year.

Return vs Market: TO underperformed the Canadian Market which returned 1.1% over the past year.


Shareholder returns

TOIndustryMarket
7 Day0%-0.5%-0.2%
30 Day-14.3%-0.9%-3.3%
90 Day-7.7%4.2%-1.6%
1 Year-50.0%-50.0%19.9%14.1%4.6%1.1%
3 Yearn/a26.8%8.5%13.1%3.1%
5 Yearn/a44.5%11.8%24.7%6.7%

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?

9.5%

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?

47.4%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TO is unprofitable, and there is insufficient past data to establish if their past 5-year earnings growth rate was positive.

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 (-8.4%).


Return on Equity

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


Return on Assets

ROA vs Industry: TO is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TO is currently unprofitable, so its Return on Capital Employed is negative.


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

Inventory Level: TO has a high level of physical assets or inventory.

Debt Coverage by Assets: TO has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: TO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TO has less than a year of cash runway if free cash flow continues to reduce at historical rates of -56.5% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Tower One Wireless's salary, the management and board of directors tenure and is there insider trading?

1.6yrs

Average management tenure


CEO

Alex Ochoa (38yo)

2.8yrs

Tenure

CA$155,736

Compensation

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


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Alex's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Insufficient data to compare Alex's compensation with company performance.


Management Age and Tenure

1.6yrs

Average Tenure

Experienced Management: TO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Age and Tenure

2.8yrs

Average Tenure

45yo

Average Age

Experienced Board: TO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$9,27812 Sep 19
Santiago Rossi
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares155,995
Max PriceCA$0.07
BuyCA$7,97001 Nov 18
Robert Horsley
EntityIndividual
Role
Member of the Board of Directors
Director
Shares75,000
Max PriceCA$0.11

Ownership Breakdown


Management Team

  • Abbey Abdiye (44yo)

    Chief Accounting Officer

    • Tenure: 0.6yrs
    • Compensation: CA$79.62k
  • Alex Ochoa (38yo)

    President

    • Tenure: 2.8yrs
    • Compensation: CA$155.74k
  • Luis Parra

    Chief Operating Officer

    • Tenure: 2.2yrs
    • Compensation: CA$155.58k
  • John Logiudice

    Head of Tower Services division

    • Tenure: 1.6yrs
  • Santiago Rossi

    Chief Financial Officer

    • Tenure: 0.6yrs
  • Rolland Bopp

    • Tenure: 0yrs

Board Members

  • Brian Gusko (52yo)

    Chairman

    • Tenure: 0yrs
  • Nick Horsley (37yo)

    Director

    • Tenure: 3.8yrs
  • Alex Ochoa (38yo)

    President

    • Tenure: 2.8yrs
    • Compensation: CA$155.74k
  • Fabio Vasquez (52yo)

    Director

    • Tenure: 2.8yrs

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$5.603m
  • Shares outstanding: 93.39m
  • Website: https://www.toweronewireless.com

Location

  • Tower One Wireless Corp.
  • 815 Hornby Street
  • Suite 605
  • Vancouver
  • British Columbia
  • V6Z 2E6
  • 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

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 Analysis2019/10/19 00:33
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.