Grande West Transportation Group Inc. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada.
Flawless balance sheet and fair value.
Share Price & News
How has Grande West Transportation Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6LG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 6LG underperformed the German Machinery industry which returned -14.4% over the past year.
Return vs Market: 6LG underperformed the German Market which returned 0.3% over the past year.
Price Volatility Vs. Market
How volatile is Grande West Transportation Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Grande West Transportation Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6LG (€0.15) is trading below our estimate of fair value (€4.83)
Significantly Below Fair Value: 6LG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6LG is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.
PE vs Market: 6LG is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6LG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6LG is good value based on its PB Ratio (1.2x) compared to the DE Machinery industry average (1.3x).
How is Grande West Transportation Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Grande West Transportation Group 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.
- Examine whether Grande West Transportation Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Grande West Transportation Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Grande West Transportation Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6LG is currently unprofitable.
Growing Profit Margin: 6LG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6LG is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare 6LG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6LG is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-22.8%).
Return on Equity
High ROE: 6LG has a negative Return on Equity (-38.44%), as it is currently unprofitable.
How is Grande West Transportation Group's financial position?
Financial Position Analysis
Short Term Liabilities: 6LG's short term assets (CA$26.6M) exceed its short term liabilities (CA$15.4M).
Long Term Liabilities: 6LG's short term assets (CA$26.6M) exceed its long term liabilities (CA$1.6M).
Debt to Equity History and Analysis
Debt Level: 6LG's debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 6LG's debt to equity ratio has reduced from 124.4% to 37.7% over the past 5 years.
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 6LG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6LG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12% per year.
What is Grande West Transportation Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6LG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6LG'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 6LG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6LG'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 6LG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
William Trainer (60yo)
Mr. William R. Trainer is Founder at Grande West Transportation Group Inc since 2008. He has been the President of Grande West Transportation Group Inc since 2008. Mr. Trainer serves as Chief Executive Off ...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD174.22K) is below average for companies of similar size in the German market ($USD417.67K).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||2.08yrs||CA$126.92k||0.19% CA$24.8k|
|VP of Corporate Development & Director||3.92yrs||CA$169.00k||0.55% CA$71.0k|
|Consultant||no data||CA$19.38k||no data|
|VP & Engineering Manager||7.08yrs||CA$265.00k||1.4% CA$179.7k|
|Chief Operating Officer||0.083yr||no data||no data|
|Director of Investor Relations||4.33yrs||no data||no data|
|Corporate Secretary||0.083yr||no data||no data|
Experienced Management: 6LG's management team is considered experienced (2.1 years average tenure).
|VP of Corporate Development & Director||3.92yrs||CA$169.00k||0.55% CA$71.0k|
|Member of Advisory Board||6yrs||no data||no data|
|Independent Director||2yrs||CA$15.83k||no data|
|Independent Director||0.67yr||no data||0.73% CA$93.8k|
|Independent Director||4.58yrs||CA$25.91k||0.052% CA$6.7k|
|Independent Chairman of the Board||no data||CA$25.00k||7.49% CA$958.8k|
Experienced Board: 6LG's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 6LG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.
Grande West Transportation Group Inc's company bio, employee growth, exchange listings and data sources
- Name: Grande West Transportation Group Inc
- Ticker: 6LG
- Exchange: DB
- Founded: 2008
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: CA$19.499m
- Listing Market Cap: CA$12.803m
- Shares outstanding: 76.47m
- Website: https://www.grandewest.com
- Grande West Transportation Group Inc
- 3168 262nd Street
- British Columbia
- V4W 2Z6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BUS||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2013|
|GWTN.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2013|
|6LG||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2013|
Grande West Transportation Group Inc. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 11:33|
|End of Day Share Price||2020/05/28 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.