DB:6LG

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Grande West Transportation Group

Executive Summary

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.


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

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.


Market Performance


7 Day Return

1.3%

6LG

5.2%

DE Machinery

4.3%

DE Market


1 Year Return

-51.3%

6LG

-14.4%

DE Machinery

0.3%

DE Market

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.


Shareholder returns

6LGIndustryMarket
7 Day1.3%5.2%4.3%
30 Day-13.6%9.8%7.4%
90 Day-45.3%-0.4%-0.2%
1 Year-51.3%-51.3%-13.2%-14.4%2.0%0.3%
3 Year-90.8%-90.8%-38.1%-41.8%-5.0%-12.3%
5 Yearn/a-21.4%-29.6%4.2%-9.2%

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

Valuation

Is Grande West Transportation Group undervalued compared to its fair value and its price relative to the market?

>50%

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).


Next Steps

Future Growth

How is Grande West Transportation Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

28.0%

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.


Next Steps

Past Performance

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

15.1%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

William Trainer (60yo)

0.75

Tenure

CA$240,000

Compensation

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.


Leadership Team

NamePositionTenureCompensationOwnership
William Trainer
Founder0.75yrCA$240.00k4.9% CA$627.0k
Danial Buckle
Chief Financial Officer2.08yrsCA$126.92k0.19% CA$24.8k
John LaGourgue
VP of Corporate Development & Director3.92yrsCA$169.00k0.55% CA$71.0k
Keith Parker
Consultantno dataCA$19.38kno data
Yue Wang
VP & Engineering Manager7.08yrsCA$265.00k1.4% CA$179.7k
Jonathan Leskewich
Chief Operating Officer0.083yrno datano data
Dan Courtney
Director of Investor Relations4.33yrsno datano data
Marion Mcgrath
Corporate Secretary0.083yrno datano data

2.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 6LG's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Trainer
Founder0.75yrCA$240.00k4.9% CA$627.0k
John LaGourgue
VP of Corporate Development & Director3.92yrsCA$169.00k0.55% CA$71.0k
Randall Wall
Member of Advisory Board6yrsno datano data
Christopher Strong
Independent Director2yrsCA$15.83kno data
James White
Independent Director0.67yrno data0.73% CA$93.8k
Andrew Imanse
Independent Director4.58yrsCA$25.91k0.052% CA$6.7k
Joseph Miller
Independent Chairman of the Boardno dataCA$25.00k7.49% CA$958.8k

4.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 6LG's board of directors are considered experienced (4.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

Grande West Transportation Group Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Grande West Transportation Group Inc
  • 3168 262nd Street
  • Aldergrove
  • British Columbia
  • V4W 2Z6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BUSTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2013
GWTN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 2013
6LGDB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2013

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 11:33
End of Day Share Price2020/05/28 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.