Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions.
Fair value with mediocre balance sheet.
Share Price & News
How has Black Diamond Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8B8 has not had significant price volatility in the past 3 months.
7 Day Return
DE Commercial Services
1 Year Return
DE Commercial Services
Return vs Industry: 8B8 exceeded the German Commercial Services industry which returned -11.1% over the past year.
Return vs Market: 8B8 underperformed the German Market which returned 6.1% over the past year.
Price Volatility Vs. Market
How volatile is Black Diamond Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Black Diamond 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: 8B8 (€1.2) is trading below our estimate of fair value (€3.63)
Significantly Below Fair Value: 8B8 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8B8 is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.
PE vs Market: 8B8 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 8B8's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8B8 is good value based on its PB Ratio (0.4x) compared to the DE Commercial Services industry average (3.1x).
How is Black Diamond Group forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8B8 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: 8B8 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: 8B8 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: 8B8's revenue (4.3% per year) is forecast to grow slower than the German market (5.1% per year).
High Growth Revenue: 8B8's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8B8 is forecast to be unprofitable in 3 years.
How has Black Diamond Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8B8 is currently unprofitable.
Growing Profit Margin: 8B8 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8B8 is unprofitable, and losses have increased over the past 5 years at a rate of -42% per year.
Accelerating Growth: Unable to compare 8B8's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8B8 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (10.8%).
Return on Equity
High ROE: 8B8 has a negative Return on Equity (-3.88%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Black Diamond Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8B8's short term assets (CA$49.6M) exceed its short term liabilities (CA$39.4M).
Long Term Liabilities: 8B8's short term assets (CA$49.6M) do not cover its long term liabilities (CA$161.6M).
Debt to Equity History and Analysis
Debt Level: 8B8's debt to equity ratio (44.3%) is considered high.
Reducing Debt: 8B8's debt to equity ratio has increased from 33.3% to 44.3% over the past 5 years.
Inventory Level: 8B8 has a high level of physical assets or inventory.
Debt Coverage by Assets: 8B8's 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.
Stable Cash Runway: Whilst unprofitable 8B8 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8B8 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -16% per year.
What is Black Diamond Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 8B8's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 8B8'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 8B8's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8B8's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8B8 is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8B8'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
Trevor Haynes (52yo)
Mr. Trevor Haynes has been the Chief Executive Officer and President at Black Diamond Group Limited since December 31, 2009 and has been its Chairman since May 7, 2015. Mr. Haynes is a Co-founder of CF Con ...
CEO Compensation Analysis
Compensation vs Market: Trevor's total compensation ($USD805.12K) is above average for companies of similar size in the German market ($USD415.76K).
Compensation vs Earnings: Trevor's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||3.9yrs||CA$496.67k||0.14% CA$96.4k|
|Executive VP of Shared Services & Chief Information Officer||4.1yrs||CA$475.67k||0.094% CA$64.7k|
|Executive VP & COO of Workforce Solutions||2.4yrs||CA$543.59k||0.060% CA$41.5k|
|Executive VP & COO - Modular Space Solutions||1.1yrs||no data||0.22% CA$152.1k|
Experienced Management: 8B8's management team is considered experienced (3.9 years average tenure).
|Lead Independent Director||2.8yrs||CA$74.94k||1.15% CA$794.6k|
|Independent Director||1.9yrs||CA$59.77k||1.33% CA$915.6k|
|Independent Director||7.9yrs||CA$75.94k||no data|
|Independent Director||6.1yrs||CA$83.62k||no data|
|Independent Director||3.8yrs||CA$73.77k||no data|
Experienced Board: 8B8's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 8B8 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Black Diamond Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Black Diamond Group Limited
- Ticker: 8B8
- Exchange: DB
- Founded: 2003
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: CA$99.515m
- Listing Market Cap: CA$68.838m
- Shares outstanding: 55.91m
- Website: https://www.blackdiamondgroup.com
Number of Employees
- Black Diamond Group Limited
- 440-2nd Avenue S.W.
- Suite 1000
- T2P 5E9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BDI||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Sep 2006|
|BDIM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 2006|
|8B8||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2006|
Black Diamond Group Limited rents and sells workspace and modular workforce accommodation solutions. It operates through two segments, Modular Space Solutions and Workforce Solutions. The Modular Space Solutions segment provides modular space rentals to customers in construction, real estate development, manufacturing, education, financial, and resource industries, as well as government agencies in North America. Its products include office units, lavatories, storage units, multi-unit office complexes, classroom facilities, high security modular buildings, custom manufactured modular facilities, and blast resistant structures. This segment also sells new and used space rentals units; and provides delivery, installation, project management, and ancillary products and services. The Workforce Solutions segment provides workforce housing solutions, including rental of accommodations and surface equipment, and provision of turnkey lodging and travel management logistics in Canada, the United States, and Australia. This segment also provides asset rental services; and associated services, such as installation, transportation, dismantlement, and sale of used fleet assets. The company was founded in 2003 and is headquartered in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:24|
|End of Day Share Price||2020/02/25 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.