How is RE Royalties forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
33.6%
Forecasted Utilities 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 RE Royalties 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
Examine RE Royalties's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
RE Royalties competitive advantages and company strategy can generally be found in its financial reports archived here.
How has RE Royalties performed over the past 5 years?
0.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RE has a high level of non-cash earnings.
Growing Profit Margin: RE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RE has become profitable over the past 5 years, growing earnings by 0.8% per year.
Accelerating Growth: RE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (20.7%).
Return on Equity
High ROE: RE's Return on Equity (1.3%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Bernard Tan (44 yo)
2.17yrs
Tenure
CA$75,000
Compensation
Mr. Bernard Tan MBA, B.Comm, CA served as Chief Financial Officer at Hunter Dickinson Inc. until December 2015. Mr. Tan manages accounting, regulatory and securities compliance, reporting, treasury and tax...
CEO Compensation Analysis
Compensation vs Market: Bernard's total compensation ($USD59.32K) is below average for companies of similar size in the Canadian market ($USD153.63K).
Compensation vs Earnings: Bernard's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Bernard Tan
CEO & Director
2.17yrs
CA$75.00k
6.38% CA$ 2.9m
Luqman Khan
Chief Financial Officer
2.17yrs
CA$26.00k
0.60% CA$ 270.0k
Peter Leighton
Chief Operating Officer
2.17yrs
CA$150.00k
no data
Bryce Anderson
Vice President
no data
no data
0.15% CA$ 67.5k
Talia Beckett
Vice President of Communications & Sustainability
no data
no data
no data
Alistair Howard
Vice President of Corporate Development
no data
no data
no data
Trevor Thomas
Corporate Secretary
no data
no data
no data
2.2yrs
Average Tenure
Experienced Management: RE's management team is considered experienced (2.2 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Bernard Tan
CEO & Director
2.17yrs
CA$75.00k
6.38% CA$ 2.9m
Rene Carrier
Independent Director
2.17yrs
CA$18.33k
0.60% CA$ 270.0k
Gordon Fretwell
Independent Director
1.92yrs
CA$14.17k
0.30% CA$ 135.0k
Paul Larkin
Independent Director
2.17yrs
CA$18.33k
1.74% CA$ 783.0k
Marchand Snyman
Chairman of the Board
no data
CA$37.50k
0.075% CA$ 33.8k
Jill Leversage
Independent Director
2.17yrs
CA$18.33k
0.090% CA$ 40.5k
Stephen Cheeseman
Independent Director
1.92yrs
CA$18.33k
1.44% CA$ 648.0k
2.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: RE's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 3.5%.
Top Shareholders
Company Information
RE Royalties Ltd.'s company bio, employee growth, exchange listings and data sources
RE Royalties Ltd. provides royalty financing solutions to renewable energy generation and development companies. As of December 31, 2019, it owns a portfolio of 75 royalties from solar, wind, and hydro pro...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/01/21 00:20
End of Day Share Price
2021/01/20 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.