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
| TO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -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 Year | n/a | 26.8%8.5% | 13.1%3.1% |
| 5 Year | n/a | 44.5%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
2 weeks ago | Simply Wall St
What Kind Of Shareholders Own Tower One Wireless Corp. (CNSX:TO)?2 months ago | Simply Wall St
The Tower One Wireless (CNSX:TO) Share Price Is Down 36% So Some Shareholders Are Getting Worried5 months ago | Simply Wall St
Such Is Life: How Tower One Wireless (CNSX:TO) Shareholders Saw Their Shares Drop 51%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
- 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?
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
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
| Entity | Individual |
| Role | Chief Financial Officer Chief Financial Officer |
| Shares | 155,995 |
| Max Price | CA$0.07 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 75,000 |
| Max Price | CA$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
| 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 |
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 | 2019/10/19 00:33 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.