Etrion Corporation, an independent power producer, develops, builds, owns, and operates solar power generation plants. More Details
High growth potential with weak fundamentals.
Share Price & News
How has Etrion's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ETX's share price has been volatile over the past 3 months.
7 Day Return
CA Renewable Energy
1 Year Return
CA Renewable Energy
Return vs Industry: ETX underperformed the Canadian Renewable Energy industry which returned 35.5% over the past year.
Return vs Market: ETX exceeded the Canadian Market which returned -8.8% over the past year.
Price Volatility Vs. Market
How volatile is Etrion's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StEtrion's(TSE:ETX) Share Price Is Down 49% Over The Past Five Years.
3 months ago | Simply Wall StDid Etrion Corporation (TSE:ETX) Insiders Buy Up More Shares?
4 months ago | Simply Wall StHow Should Investors Feel About Etrion Corporation's (TSE:ETX) CEO Pay?
Is Etrion undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Etrion is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Etrion 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.
- Take a look at Etrion's forecasted future earnings and revenues from industry analysts to understand how the company is expected to perform in the future against its competitors and the wider market.
- 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 Etrion regulatory filings.
- Explore potentially undervalued companies in the Utilities industry.
How is Etrion forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ETX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: ETX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ETX's is expected to become profitable in the next 3 years.
Revenue vs Market: ETX's revenue (31.1% per year) is forecast to grow faster than the Canadian market (5.4% per year).
High Growth Revenue: ETX's revenue (31.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ETX's Return on Equity is forecast to be high in 3 years time
How has Etrion performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ETX is currently unprofitable.
Growing Profit Margin: ETX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ETX is unprofitable, but has reduced losses over the past 5 years at a rate of 34.4% per year.
Accelerating Growth: Unable to compare ETX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ETX is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (15.8%).
Return on Equity
High ROE: ETX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Etrion's financial position?
Financial Position Analysis
Short Term Liabilities: ETX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ETX 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: ETX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ETX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: ETX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ETX has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.4% each year.
What is Etrion current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ETX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ETX'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 ETX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ETX'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 ETX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marco Northland (61 yo)
Mr. Marco Antonio Northland has been the Chief Executive Officer at Etrion Corporation since September 11, 2009. Mr. Northland served as the Chief Executive Officer at Etrion SA from October 2008 to Septem ...
CEO Compensation Analysis
Compensation vs Market: Marco's total compensation ($USD857.93K) is above average for companies of similar size in the Canadian market ($USD176.88K).
Compensation vs Earnings: Marco's compensation has increased whilst the company is unprofitable.
|CEO & Director||11yrs||US$857.93k||5.63% |
|Chief Financial Officer||2.67yrs||US$534.18k||no data|
|Chief Investment Officer||2.67yrs||US$495.13k||0.072% |
|Executive Vice President of Business Development and Mergers & Acquisitions||8.17yrs||US$559.71k||no data|
|Director of Accounting and Reporting||no data||no data||no data|
|Corporate Secretary||12.42yrs||no data||no data|
Experienced Management: ETX's management team is seasoned and experienced (8.2 years average tenure).
|CEO & Director||11yrs||US$857.93k||5.63% |
|Independent Director||6.83yrs||US$37.50k||0.030% |
|Independent Director||11yrs||US$37.50k||36.12% |
|Independent Chairman of the Board||1.67yrs||US$37.50k||0.030% |
|Independent Director||1.67yrs||US$37.50k||no data|
Experienced Board: ETX's board of directors are considered experienced (6.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Etrion Corporation's company bio, employee growth, exchange listings and data sources
- Name: Etrion Corporation
- Ticker: ETX
- Exchange: TSX
- Founded: 1993
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: CA$90.205m
- Shares outstanding: 334.09m
- Website: https://www.etrion.com
Number of Employees
- Etrion Corporation
- Rue du Commerce 4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ETX||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1997|
|4QP||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1997|
|ETX||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Jan 1997|
|0OQR||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Jan 1997|
|ETRX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1997|
|ETXS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Jan 1997|
Etrion Corporation, an independent power producer, develops, builds, owns, and operates solar power generation plants. The company owns 57 megawatts of installed solar capacity in Japan. It sells its elect ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/23 05:58|
|End of Day Share Price||2020/09/22 00:00|
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.