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Grande West Transportation Group

DB:6LG
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6LG
DB
CA$42M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Grande West Transportation Group Inc. designs, engineers, manufactures, and sells Vicinity branded mid-size buses for transit authorities and commercial enterprises in North America. The last earnings update was 37 days ago. More info.


Add to Portfolio Compare Print
  • Grande West Transportation Group has significant price volatility in the past 3 months.
6LG Share Price and Events
7 Day Returns
-0.3%
DB:6LG
0.8%
DE Machinery
-0%
DE Market
1 Year Returns
-64%
DB:6LG
-25.1%
DE Machinery
-11.5%
DE Market
6LG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grande West Transportation Group (6LG) -0.3% -1.4% -37.9% -64% - -
DE Machinery 0.8% -8% -3.8% -25.1% -12% 8.3%
DE Market -0% -3.3% 2.1% -11.5% 8.9% 8.1%
1 Year Return vs Industry and Market
  • 6LG underperformed the Machinery industry which returned -25.1% over the past year.
  • 6LG underperformed the Market in Germany which returned -11.5% over the past year.
Price Volatility
6LG
Industry
5yr Volatility vs Market

Value

 Is Grande West Transportation Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Grande West Transportation Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Grande West Transportation Group.

DB:6LG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6LG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.049 (1 + (1- 26.5%) (13.27%))
1.101
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.101 * 5.96%)
6.79%

Discounted Cash Flow Calculation for DB:6LG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Grande West Transportation Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:6LG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 6.79%)
2019 3.12 Est @ 22.2% 2.92
2020 3.60 Est @ 15.61% 3.16
2021 4.00 Est @ 10.99% 3.28
2022 4.31 Est @ 7.76% 3.31
2023 4.55 Est @ 5.5% 3.27
2024 4.73 Est @ 3.92% 3.19
2025 4.86 Est @ 2.81% 3.07
2026 4.96 Est @ 2.04% 2.93
2027 5.03 Est @ 1.49% 2.79
2028 5.09 Est @ 1.11% 2.64
Present value of next 10 years cash flows CA$30.56
DB:6LG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$5.09 × (1 + 0.23%) ÷ (6.79% – 0.23%)
CA$77.71
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$77.71 ÷ (1 + 6.79%)10
CA$40.29
DB:6LG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$30.56 + CA$40.29
CA$70.85
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$70.85 / 74.47
CA$0.95
DB:6LG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:6LG represents 0.61053x of TSXV:BUS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.61053x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.95 x 0.61053
€0.58
Value per share (EUR) From above. €0.58
Current discount Discount to share price of €0.35
= -1 x (€0.35 - €0.58) / €0.58
40.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Grande West Transportation Group is available for.
Intrinsic value
40%
Share price is €0.348 vs Future cash flow value of €0.58082
Current Discount Checks
For Grande West Transportation Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Grande West Transportation Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Grande West Transportation Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grande West Transportation Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grande West Transportation Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6LG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$0.01
TSXV:BUS Share Price ** TSXV (2019-05-22) in CAD CA$0.57
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 16.07x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 20.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grande West Transportation Group.

DB:6LG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BUS Share Price ÷ EPS (both in CAD)

= 0.57 ÷ 0.01

43.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grande West Transportation Group is overvalued based on earnings compared to the DE Machinery industry average.
  • Grande West Transportation Group is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Grande West Transportation Group's expected growth come at a high price?
Raw Data
DB:6LG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 43.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.25x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.49x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grande West Transportation Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grande West Transportation Group's assets?
Raw Data
DB:6LG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$0.28
TSXV:BUS Share Price * TSXV (2019-05-22) in CAD CA$0.57
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.7x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.78x
DB:6LG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BUS Share Price ÷ Book Value per Share (both in CAD)

= 0.57 ÷ 0.28

2.01x

* Primary Listing of Grande West Transportation Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grande West Transportation Group is overvalued based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Grande West Transportation Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Grande West Transportation Group has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Grande West Transportation Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-22.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Grande West Transportation Group expected to grow at an attractive rate?
  • Unable to compare Grande West Transportation Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Grande West Transportation Group's earnings growth to the Germany market average as no estimate data is available.
  • Grande West Transportation Group's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:6LG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6LG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -22.1%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.8%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:6LG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6LG Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 51 1
2019-12-31 43 2
DB:6LG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 70 3 1
2018-09-30 74 4 2
2018-06-30 86 4 3
2018-03-31 73 -12 1
2017-12-31 55 -18 0
2016-12-31 9 -2 -5
2016-08-31 5 -7 -4
2016-05-31 9 -5 -5
2016-02-29 10 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Grande West Transportation Group is high growth as no earnings estimate data is available.
  • Grande West Transportation Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:6LG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Grande West Transportation Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6LG Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
DB:6LG Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 0.01
2018-09-30 0.03
2018-06-30 0.04
2018-03-31 0.02
2017-12-31 -0.01
2016-12-31 -0.10
2016-08-31 -0.08
2016-05-31 -0.10
2016-02-29 -0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grande West Transportation Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Grande West Transportation Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grande West Transportation Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Grande West Transportation Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grande West Transportation Group's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grande West Transportation Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Grande West Transportation Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Grande West Transportation Group has become profitable in the last year making it difficult to compare the DE Machinery industry average.
Earnings and Revenue History
Grande West Transportation Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grande West Transportation Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6LG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 70.08 0.95 8.61
2018-09-30 74.07 1.83 7.20
2018-06-30 86.11 2.86 7.42
2018-03-31 72.59 1.09 6.53
2017-12-31 54.70 -0.42 6.15
2016-12-31 8.95 -5.27 4.52
2016-08-31 5.09 -4.07 3.47
2016-05-31 8.89 -4.51 3.59 0.32
2016-02-29 9.66 -4.54 3.78 0.28
2015-11-30 4.55 -4.37 3.48 0.26
2015-08-31 6.05 -4.46 3.83 0.22
2015-05-31 4.72 -4.26 3.88 0.23
2015-02-28 3.68 -4.38 3.94 0.25
2014-11-30 3.89 -4.64 4.28 0.22
2014-08-31 1.47 -4.13 3.66 0.15
2014-05-31 4.29 -2.97 3.01 0.25
2014-02-28 3.92 -2.51 2.36 0.39
2013-11-30 3.68 -1.69 1.43 0.48
2013-08-31 3.59 -1.34 1.05 0.54
2012-08-31 -0.90 0.28 0.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Grande West Transportation Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Grande West Transportation Group used its assets less efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Grande West Transportation Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Grande West Transportation Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grande West Transportation Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Grande West Transportation Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Grande West Transportation Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Grande West Transportation Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Grande West Transportation Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Grande West Transportation Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grande West Transportation Group Company Filings, last reported 4 months ago.

DB:6LG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 20.90 5.63 2.73
2018-09-30 20.85 2.13 4.87
2018-06-30 20.67 6.97 7.05
2018-03-31 18.27 14.21 4.93
2017-12-31 16.85 10.82 4.22
2016-12-31 -0.63 7.41 2.22
2016-08-31 -0.41 6.05 0.32
2016-05-31 0.66 5.83 3.78
2016-02-29 0.64 2.27 1.07
2015-11-30 0.08 2.26 0.32
2015-08-31 0.94 1.27 0.70
2015-05-31 1.34 1.33 0.99
2015-02-28 0.58 0.91
2014-11-30 1.19 0.47 0.16
2014-08-31 1.86 0.47 0.28
2014-05-31 1.93 0.73
2014-02-28 2.76 0.42 0.93
2013-11-30 -1.70 2.27 0.79
2013-08-31 -1.08 1.41
2012-08-31 -2.27 0.04 0.25
  • Grande West Transportation Group's level of debt (27%) compared to net worth is satisfactory (less than 40%).
  • Grande West Transportation Group had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (52%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Grande West Transportation Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grande West Transportation Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Grande West Transportation Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Grande West Transportation Group dividends.
If you bought €2,000 of Grande West Transportation Group shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Grande West Transportation Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Grande West Transportation Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:6LG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 2.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:6LG Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Grande West Transportation Group has not reported any payouts.
  • Unable to verify if Grande West Transportation Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Grande West Transportation Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Grande West Transportation Group 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.
X
Income/ dividend checks
We assess Grande West Transportation Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grande West Transportation Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grande West Transportation Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Grande West Transportation Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jean-Marc Landry
COMPENSATION CA$288,000
TENURE AS CEO 1.3 years
CEO Bio

Mr. Jean-Marc Landry is the Chief Executive Officer of Grande West Transportation Group Inc. since February 13, 2018. Mr. Landry was Vice President of Business Development at Grande West Transportation Group Inc. since December 20, 2013 until February 2018. Mr. Landry has over 20 years of hands on experience in management and business development, primarily focused on the public transit industry. He has successfully developed sales and marketing strategies and has a track record for securing long term contracts, reaching annual sales objectives and leading corporations through geographic expansions. He served as Vice President of Sales and Marketing for North America at Cubic Transportation Systems, Inc. since July 2012. Prior to his role with Cubic, he spent over eight years at Nova Bus, a division of Volvo Bus Corporation where he held the position of Vice President of Sales for North America. He was instrumental in the growth and success of Nova Bus, a leading heavy-duty bus manufacturer with plants in Canada and the USA.

CEO Compensation
  • Jean-Marc's compensation has increased in line with Grande West Transportation Group recently becoming profitable.
  • Jean-Marc's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Grande West Transportation Group management team in years:

2.2
Average Tenure
56
Average Age
  • The tenure for the Grande West Transportation Group management team is about average.
Management Team

Jean-Marc Landry

TITLE
Chief Executive Officer
COMPENSATION
CA$288K
TENURE
1.3 yrs

William Trainer

TITLE
President & Director
COMPENSATION
CA$240K
AGE
59
TENURE
11.3 yrs

John LaGourgue

TITLE
VP of Corporate Development & Director
COMPENSATION
CA$140K
AGE
49

Dan Buckle

TITLE
Chief Financial Officer
TENURE
1.1 yrs

Taras Kindzersky

TITLE
Chief Operating Officer
TENURE
2.2 yrs

Dan Courtney

TITLE
Director of Investor Relations
TENURE
3.3 yrs

Rob Mowat

TITLE
Vice President of Sales & Marketing
TENURE
1.1 yrs

John Wang

TITLE
VP & Engineering Manager
COMPENSATION
CA$200K
AGE
56
TENURE
6.1 yrs
Board of Directors Tenure

Average tenure and age of the Grande West Transportation Group board of directors in years:

3.3
Average Tenure
59
Average Age
  • The tenure for the Grande West Transportation Group board of directors is about average.
Board of Directors

Joe Miller

TITLE
Chairman
COMPENSATION
CA$20K
AGE
63

William Trainer

TITLE
President & Director
COMPENSATION
CA$240K
AGE
59
TENURE
11.3 yrs

John LaGourgue

TITLE
VP of Corporate Development & Director
COMPENSATION
CA$140K
AGE
49
TENURE
2.9 yrs

Chris Strong

TITLE
Director
AGE
59
TENURE
1 yrs

Randy Wall

TITLE
Member of Advisory Board
AGE
59
TENURE
5 yrs

Andrew Imanse

TITLE
Director
COMPENSATION
CA$26K
AGE
78
TENURE
3.6 yrs

Keith Parker

TITLE
Director
AGE
52
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
01. Jan 19 Sell John LaGourgue Individual 27. Dec 18 27. Dec 18 -30,000 €0.39 €-11,753
22. Oct 18 Buy Yue Wang Individual 19. Oct 18 19. Oct 18 1,872 €0.74 €1,380
X
Management checks
We assess Grande West Transportation Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grande West Transportation Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Grande West Transportation Group Inc. designs, engineers, manufactures, and sells Vicinity branded mid-size buses for transit authorities and commercial enterprises in North America. It also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

Details
Name: Grande West Transportation Group Inc
6LG
Exchange: DB
Founded: 2008
CA$28,368,567
74,470,409
Website: http://www.grandewest.com
Address: Grande West Transportation Group Inc
3168 262nd Street,
Aldergrove,
British Columbia, V4W 2Z6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BUS Common Shares TSX Venture Exchange CA CAD 17. Dec 2013
OTCPK GWTN.F Common Shares Pink Sheets LLC US USD 17. Dec 2013
DB 6LG Common Shares Deutsche Boerse AG DE EUR 17. Dec 2013
Number of employees
Current staff
Staff numbers
0
Grande West Transportation Group employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 00:56
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/04/16
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.