DB:2R4

Stock Analysis Report

Mission Ready Solutions

Executive Summary

Mission Ready Solutions Inc., through its subsidiaries, provides decontamination, cleaning, and repair services of protective services gear to defense, security, and protective services agencies in Canada and the United States.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Risks

  • Mission Ready Solutions has significant price volatility in the past 3 months.
  • Mission Ready Solutions is not covered by any analysts.

Share Price & News

How has Mission Ready Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

14.6%

DB:2R4

-2.1%

DE Aerospace & Defense

1.0%

DE Market


1 Year Return

n/a

DB:2R4

6.4%

DE Aerospace & Defense

-3.8%

DE Market

No trading data on 2R4.

No trading data on 2R4.


Share holder returns

2R4IndustryMarket
7 Day14.6%-2.1%1.0%
30 Day-8.9%3.8%6.8%
90 Day-14.4%4.3%1.4%
1 Yearn/a8.6%6.4%-0.8%-3.8%
3 Yearn/a82.8%71.0%19.1%8.9%
5 Yearn/a127.7%99.9%30.6%12.8%

Price Volatility Vs. Market

How volatile is Mission Ready Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mission Ready Solutions undervalued based on future cash flows and its price relative to the stock market?

3.8x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Mission Ready Solutions to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Mission Ready Solutions to establish if it is available at substantial discount.


Price Based on Earnings

Mission Ready Solutions is loss making, we can't compare its value to the Europe Aerospace & Defense industry average.

Mission Ready Solutions is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Mission Ready Solutions, we can't assess if its growth is good value.


Price Based on Value of Assets

Mission Ready Solutions is overvalued based on assets compared to the Europe Aerospace & Defense industry average.


Next Steps

Future Growth

How is Mission Ready Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Capital Goods 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 Mission Ready Solutions 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 Mission Ready Solutions performed over the past 5 years?

-10.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mission Ready Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Mission Ready Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Mission Ready Solutions's 1-year growth to the Europe Aerospace & Defense industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Mission Ready Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Mission Ready Solutions has efficiently used its assets last year compared to the Europe Aerospace & Defense industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Mission Ready Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Mission Ready Solutions's financial position?


Financial Position Analysis

Mission Ready Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Mission Ready Solutions's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mission Ready Solutions's level of debt (98.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (100.6% vs 98.9% today).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.5x debt.


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.

Mission Ready Solutions has less than a year of cash runway based on current free cash flow.

Mission Ready Solutions has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.3% each year.


Next Steps

Dividend

What is Mission Ready Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Mission Ready Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Mission Ready Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Mission Ready Solutions has not reported any payouts.

Unable to verify if Mission Ready Solutions's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Mission Ready Solutions has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Mission Ready Solutions's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Jeff Schwartz 0

2.5yrs

Tenure

CA$291,533

Compensation

Mr. Jeffery L. Schwartz, also known as Jeff, has been Chief Executive Officer of Mission Ready Services Inc. since March 13, 2017 and as its President since May 1, 2017. Mr. Schwartz has an extensive backg ...


CEO Compensation Analysis

Jeff's remuneration is about average for companies of similar size in Germany.

Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.3yrs

Average Tenure

49yo

Average Age

The average tenure for the Mission Ready Solutions management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

59yo

Average Age

The average tenure for the Mission Ready Solutions board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Mission Ready Solutions individual insiders in the past 3 months.


Recent Insider Transactions

SellCA$28,86410 Sep 19
Francisco Martinez
EntityIndividual
Role
Chief Technology Officer
Chief Technology Officer
Shares240,000
Max PriceCA$0.12
BuyCA$196,84327 Aug 19
John Stone
EntityIndividual
Shares1,318,182
Max PriceCA$0.15
BuyCA$24,43627 Aug 19
Paul Litchfield
EntityIndividual
Role
Member of the Board of Directors
Director
Shares163,636
Max PriceCA$0.15
BuyCA$37,17116 Aug 19
James Marks
EntityIndividual
Role
Member of the Board of Directors
Director
Shares220,000
Max PriceCA$0.17
BuyCA$33,79116 Aug 19
Jeffery Schwartz
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares200,000
Max PriceCA$0.17
BuyCA$44,26716 Aug 19
Marcus Treiber
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares262,000
Max PriceCA$0.17
SellCA$70,90408 Jun 19
Francisco Martinez
EntityIndividual
Role
Chief Technology Officer
Chief Technology Officer
Shares400,000
Max PriceCA$0.18
BuyCA$20,07004 Apr 19
Dong Shim
EntityIndividual
Role
Chief Financial Officer
CFO & Corporate Secretary
Shares120,000
Max PriceCA$0.17
BuyCA$33,45004 Apr 19
Terrace Nixon
EntityIndividual
Role
Chief Compliance Officer
Chief Compliance Officer
Shares200,000
Max PriceCA$0.17

Ownership Breakdown


Management Team

  • Vitor Fonseca (66yo)

    • Tenure: 1.3yrs
    • Compensation: CA$10.00k
  • Francisco Martinez (49yo)

    Chief Technology Officer

    • Tenure: 5.8yrs
    • Compensation: CA$246.77k
  • Dong Shim (35yo)

    CFO & Corporate Secretary

    • Tenure: 2.3yrs
    • Compensation: CA$113.40k
  • Terry Nixon

    Chief Compliance Officer

    • Tenure: 1.2yrs
    • Compensation: CA$385.08k
  • Jeff Schwartz

    CEO, President & Director

    • Tenure: 2.5yrs
    • Compensation: CA$291.53k
  • Roland VanSkiver

    Vice President of Marketing & Product Development

    • Tenure: 0.8yrs
  • Marcus Treiber

    Chief Operating Officer

    • Tenure: 0.2yrs

Board Members

  • Mark Cowan

    Member of Advisory Committee

    • Tenure: 0yrs
  • Larry Doan (65yo)

    Member of Advisory Committee

    • Tenure: 0yrs
    • Compensation: CA$15.89k
  • Mark Bishop

    Director

    • Tenure: 3.9yrs
    • Compensation: CA$24.00k
  • David Smalley (57yo)

    Member of Advisory Committee

    • Tenure: 0yrs
    • Compensation: CA$24.00k
  • Spider Marks

    Director

    • Tenure: 1.3yrs
  • Nicolette Keith (48yo)

    Member of Advisory Council

    • Tenure: 2.3yrs
    • Compensation: CA$410.57k
  • Randall Rhode (61yo)

    Member of Advisory Committee

    • Tenure: 0yrs
    • Compensation: CA$15.89k
  • Paul Litchfield

    Director

    • Tenure: 4.8yrs
    • Compensation: CA$24.00k
  • Angelo Meijers

    Member of Advisory Committee

    • Tenure: 0yrs
  • Jeff Schwartz

    CEO, President & Director

    • Tenure: 2.5yrs
    • Compensation: CA$291.53k

Company Information

Mission Ready Solutions Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mission Ready Solutions Inc.
  • Ticker: 2R4
  • Exchange: DB
  • Founded:
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: CA$35.654m
  • Listing Market Cap: CA$24.468m
  • Shares outstanding: 173.92m
  • Website: https://www.mrscorp.com

Location

  • Mission Ready Solutions Inc.
  • 750 West Pender Street
  • Suite 804
  • Vancouver
  • British Columbia
  • V6C 2T7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MRSTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2013
MSNV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2013
2R4DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2013

Biography

Mission Ready Solutions Inc., through its subsidiaries, provides decontamination, cleaning, and repair services of protective services gear to defense, security, and protective services agencies in Canada  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 22:31
End of Day Share Price2019/09/16 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.