DB:7FM2

Stock Analysis Report

Micron Waste Technologies

Executive Summary

Micron Waste Technologies Inc. develops and commercializes an on-site treatment system that turns organic waste into clean water in Canada.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Micron Waste Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 7FM2's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

216.7%

7FM2

1.3%

DE Commercial Services

-0.2%

DE Market


1 Year Return

-84.5%

7FM2

-6.5%

DE Commercial Services

13.7%

DE Market

Return vs Industry: 7FM2 underperformed the German Commercial Services industry which returned -6.5% over the past year.

Return vs Market: 7FM2 underperformed the German Market which returned 13.7% over the past year.


Shareholder returns

7FM2IndustryMarket
7 Day216.7%1.3%-0.2%
30 Day162.1%-1.6%0.3%
90 Day-49.5%3.6%3.7%
1 Year-84.5%-84.5%-3.2%-6.5%17.2%13.7%
3 Yearn/a13.0%3.2%15.4%5.3%
5 Yearn/a3.6%-10.9%21.3%4.7%

Price Volatility Vs. Market

How volatile is Micron Waste Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Micron Waste Technologies undervalued compared to its fair value and its price relative to the market?

0.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 7FM2's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 7FM2's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 7FM2 is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: 7FM2 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 7FM2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 7FM2 is good value based on its PB Ratio (0.6x) compared to the DE Commercial Services industry average (3.3x).


Next Steps

Future Growth

How is Micron Waste Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.8%

Forecasted Commercial Services 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 Micron Waste Technologies 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 Micron Waste Technologies performed over the past 5 years?

-36.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 7FM2 is currently unprofitable.

Growing Profit Margin: 7FM2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 7FM2 is unprofitable, and losses have increased over the past 5 years at a rate of -36% per year.

Accelerating Growth: Unable to compare 7FM2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 7FM2 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (10.9%).


Return on Equity

High ROE: 7FM2 has a negative Return on Equity (-44.11%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Micron Waste Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 7FM2's short term assets (CA$3.6M) exceed its short term liabilities (CA$188.2K).

Long Term Liabilities: 7FM2's short term assets (CA$3.6M) exceed its long term liabilities (CA$163.6K).


Debt to Equity History and Analysis

Debt Level: 7FM2 is debt free.

Reducing Debt: 7FM2 had no debt 5 years ago.


Balance Sheet

Inventory Level: 7FM2 has a high level of physical assets or inventory.

Debt Coverage by Assets: 7FM2's debt is not covered by short term assets (assets are -1.2928469038774E+17x 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.

Stable Cash Runway: 7FM2 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 7FM2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -61.4% each year


Next Steps

Dividend

What is Micron Waste Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.7%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 7FM2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 7FM2's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 7FM2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 7FM2'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 7FM2'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?

2.3yrs

Average board tenure


CEO

Kal Malhi (52yo)

0.08yrs

Tenure

CA$240,000

Compensation

Mr. Kulwant Sing Malhi, also known as Kal, has been interim President and Chief Executive Officer of Micron Waste Technologies Inc. since January 2, 2020. He is Founder at BullRun Capital Inc and serves as ...


Board Members

NamePositionTenureCompensationOwnership
Kulwant Malhi
Chairman0.08yrsCA$240.00k3.55% CA$98.2k
Bharat Bhushan
Co-Founder2.3yrsCA$120.00k2.53% CA$70.0k
Hyder Khoja
Independent Director2.3yrsCA$36.69kno data
Michael Malana
Director0.2yrsno datano data

2.3yrs

Average Tenure

Experienced Board: 7FM2's board of directors are not considered experienced ( 2.3 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: 7FM2 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 13%.


Top Shareholders

Company Information

Micron Waste Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Micron Waste Technologies Inc.
  • Ticker: 7FM2
  • Exchange: DB
  • Founded:
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: €2.766m
  • Shares outstanding: 79.02m
  • Website: https://micronwaste.com

Location

  • Micron Waste Technologies Inc.
  • 700 West Pender Street
  • Suite 915
  • Vancouver
  • British Columbia
  • V6C 1G8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MWMCNSX (Canadian National Stock Exchange)YesNew Common SharesCACADOct 2017
7FM2DB (Deutsche Boerse AG)YesNew Common SharesDEEUROct 2017

Biography

Micron Waste Technologies Inc. develops and commercializes an on-site treatment system that turns organic waste into clean water in Canada. It offers the Cannavore system, a cannabis waste management system that denatures active pharmaceutical ingredients in the waste streams; and the Organivore system, a food waste disposal system that turns food waste into clean water with no greenhouse gas emission. It has a collaboration with BC Research Inc. to facilitate the commercialization of second-generation food waste processing system. The company is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 23:29
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
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.