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
Risk Analysis
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
| TO | Industry | Market | |
|---|---|---|---|
| 7 Day | 64.3% | -0.6% | -0.2% |
| 30 Day | 130.0% | 0.3% | 4.0% |
| 90 Day | 91.7% | 3.2% | 12.9% |
| 1 Year | 76.9%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 Year | n/a | 24.4%-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
3 months ago | Simply Wall St
Our View On Tower One Wireless' (CSE:TO) CEO Pay7 months ago | Simply Wall St
Imagine Owning Tower One Wireless (CSE:TO) And Trying To Stomach The 88% Share Price Drop8 months ago | Simply Wall St
How Does Investing In Tower One Wireless Corp. (CSE:TO) Impact The Volatility Of Your Portfolio?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
- 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.
- Tower One Wireless competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Telecom industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4yrs | CA$204.00k | 12.75% CA$ 1.4m | |
| CFO & Corporate Secretary | 1.83yrs | CA$225.93k | 0.95% CA$ 102.9k | |
| Chief Operating Officer | 3.42yrs | CA$204.00k | no data | |
| Chief Accounting Officer | 1.83yrs | CA$544.40k | no data | |
| Head of Tower Services division | 2.83yrs | no data | no data | |
| no data | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TO | CNSX (Canadian National Stock Exchange) | Yes | Common Stock | CA | CAD | Jan 2017 |
| 1P3N | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 2017 |
| 1P3N | BST (Boerse-Stuttgart) | Yes | Common Stock | DE | EUR | Jan 2017 |
| TOWT.F | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 01:10 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.