DB:C36

Stock Analysis Report

Executive Summary

Cielo Waste Solutions Corp. engages in refining landfill, and municipal and commercial waste into a renewable diesel in Canada.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: C36's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

C36

-5.6%

DE Commercial Services

-2.7%

DE Market


1 Year Return

-58.3%

C36

-34.9%

DE Commercial Services

-20.4%

DE Market

Return vs Industry: C36 underperformed the German Commercial Services industry which returned -34.9% over the past year.

Return vs Market: C36 underperformed the German Market which returned -20.4% over the past year.


Shareholder returns

C36IndustryMarket
7 Day0%-5.6%-2.7%
30 Day-55.7%-26.5%-18.4%
90 Day-47.8%-36.7%-26.7%
1 Year-58.3%-58.3%-32.6%-34.9%-18.1%-20.4%
3 Year-85.5%-85.5%-33.9%-39.7%-19.1%-25.9%
5 Yearn/a-43.2%-51.1%-19.5%-30.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Cielo Waste Solutions undervalued compared to its fair value and its price relative to the market?

3.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate C36's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate C36's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: C36 is unprofitable, so we can't compare its PE Ratio to the Commercial Services industry average.

PE vs Market: C36 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 C36's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: C36 is overvalued based on its PB Ratio (3.4x) compared to the DE Commercial Services industry average (2.1x).


Next Steps

Future Growth

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

23.5%

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 Cielo Waste Solutions 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 Cielo Waste Solutions performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C36 is currently unprofitable.

Growing Profit Margin: C36 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: C36 is unprofitable, and losses have increased over the past 5 years at a rate of -6.3% per year.

Accelerating Growth: Unable to compare C36's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: C36 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (8.9%).


Return on Equity

High ROE: C36 has a negative Return on Equity (-171.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cielo Waste Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: C36's short term assets (CA$1.9M) do not cover its short term liabilities (CA$6.1M).

Long Term Liabilities: C36's short term assets (CA$1.9M) do not cover its long term liabilities (CA$7.5M).


Debt to Equity History and Analysis

Debt Level: C36's debt to equity ratio (275.3%) is considered high.

Reducing Debt: C36's debt to equity ratio has increased from 40% to 275.3% over the past 5 years.


Balance Sheet

Inventory Level: C36 has a high level of physical assets or inventory.

Debt Coverage by Assets: C36's debt is not covered by short term assets (assets are 0.2x 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: C36 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: C36 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -27.3% each year


Next Steps

Dividend

What is Cielo Waste Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate C36's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate C36'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 C36's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if C36'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 C36'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?

2.8yrs

Average management tenure


CEO

Don Allan (59yo)

7.08s

Tenure

CA$325,246

Compensation

Mr. Donald Allan, also known as Don, has been the Chief Executive Officer and President at Cielo Waste Solutions Corp. since March 1, 2013. Mr. Allan serves as the Chairman, Chief Executive Officer and Pre ...


CEO Compensation Analysis

Compensation vs Market: Don's total compensation ($USD228.94K) is below average for companies of similar size in the German market ($USD427.28K).

Compensation vs Earnings: Don's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Donald Allan
Chairman7.08yrsCA$325.25k6.68% CA$503.7k
Shawn Frenette
Chief Finance Officer0.25yrno datano data
Roderick Facey
Chief Technology Advisorno datano datano data
Stuart McCormick
President2.83yrsno datano data
Ivan Buzbuzian
Vice President of Marketingno datano datano data

2.8yrs

Average Tenure

Experienced Management: C36's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Donald Allan
Chairman7.08yrsCA$325.25k6.68% CA$503.7k
Christopher Ray
Independent Director6.83yrsCA$4.00k0.11% CA$8.1k
Douglas MacKenzie
Independent Director6.83yrsno datano data
Chris Dovbniak
Independent Director5.33yrsCA$5.79kno data
Melvin Angeltvedt
Independent Director4.17yrsno data0.77% CA$58.2k
Lionel Robins
Director0.33yrno datano data

6.1yrs

Average Tenure

Experienced Board: C36's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 27.2%.


Top Shareholders

Company Information

Cielo Waste Solutions Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cielo Waste Solutions Corp.
  • Ticker: C36
  • Exchange: DB
  • Founded: 2011
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Market Cap: CA$11.722m
  • Listing Market Cap: CA$7.546m
  • Shares outstanding: 234.45m
  • Website: https://www.cielows.com

Location

  • Cielo Waste Solutions Corp.
  • 1500 Howe Street
  • Suite 101
  • Vancouver
  • British Columbia
  • V6Z 2N1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMCCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015
C36DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015
CWSF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015

Biography

Cielo Waste Solutions Corp. engages in refining landfill, and municipal and commercial waste into a renewable diesel in Canada. It uses landfill waste, tires, plastics, wood shavings, and paper products to produce renewable Kerosene, highway diesel, and naphtha. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and 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 Analysis2020/04/01 22:59
End of Day Share Price2020/04/01 00:00
Earnings2020/01/31
Annual Earnings2019/04/30


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.