Torrent Capital
Market Cap
€8.0m
Last Updated
2020/02/15 22:12 UTC
Data Sources
Company Financials
Executive Summary
Torrent Capital Ltd., an investment company, focuses on investments in private and public company securities.
Risk Analysis
Snowflake Analysis
Questionable track record and overvalued.
Share Price & News
How has Torrent Capital's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0MLA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.1%
0MLA
3.3%
DE Capital Markets
1.7%
DE Market
1 Year Return
35.4%
0MLA
34.0%
DE Capital Markets
15.0%
DE Market
Return vs Industry: 0MLA exceeded the German Capital Markets industry which returned 34% over the past year.
Return vs Market: 0MLA exceeded the German Market which returned 15% over the past year.
Shareholder returns
| 0MLA | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 3.3% | 1.7% |
| 30 Day | 1.8% | 15.7% | 1.4% |
| 90 Day | 39.8% | 26.1% | 3.3% |
| 1 Year | 35.4%35.4% | 36.8%34.0% | 18.5%15.0% |
| 3 Year | 70.3%70.3% | 8.5%-4.4% | 17.1%6.9% |
| 5 Year | n/a | -17.6%-30.5% | 24.3%7.3% |
Price Volatility Vs. Market
How volatile is Torrent Capital's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Torrent Capital undervalued compared to its fair value and its price relative to the market?
40.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 0MLA (€0.34) is trading above our estimate of fair value (€0.21)
Significantly Below Fair Value: 0MLA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0MLA is poor value based on its PE Ratio (40.1x) compared to the Capital Markets industry average (28.9x).
PE vs Market: 0MLA is poor value based on its PE Ratio (40.1x) compared to the German market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 0MLA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 0MLA is good value based on its PB Ratio (0.9x) compared to the DE Capital Markets industry average (1.8x).
Next Steps
Future Growth
How is Torrent Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
53.8%
Forecasted Diversified Financials 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 Torrent Capital 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
- Take a look at our analysis of 0MLA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Torrent Capital competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Torrent Capital performed over the past 5 years?
52.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0MLA has high quality earnings.
Growing Profit Margin: 0MLA's current net profit margins (21%) are lower than last year (86.5%).
Past Earnings Growth Analysis
Earnings Trend: 0MLA has become profitable over the past 5 years, growing earnings by 52.2% per year.
Accelerating Growth: 0MLA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0MLA had negative earnings growth (-95%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.7%).
Return on Equity
High ROE: 0MLA's Return on Equity (2.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Torrent Capital's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: 0MLA has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 0MLA's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: 0MLA's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0MLA has a sufficient allowance for bad loans.
Low Risk Liabilities: 0MLA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0MLA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0MLA has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0MLA has an appropriate level of bad loans.
Next Steps
Dividend
What is Torrent Capital's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 0MLA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0MLA'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 0MLA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0MLA'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 0MLA'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?
3.5yrs
Average management tenure
CEO
Wade Dawe (49yo)
3.8yrs
Tenure
CA$358,827
Compensation
Mr. Wade K. Dawe has been Chief Executive Officer of Metallum Resources Inc. since April 15, 2016. Mr. Dawe is the Founding Partner of Southbound. He Co-Founded Antler Gold Inc. & served as its Advisor. He ...
CEO Compensation Analysis
Compensation vs Market: Wade's total compensation ($USD270.77K) is below average for companies of similar size in the German market ($USD412.37K).
Compensation vs Earnings: Wade's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.8yrs | CA$358.83k | 9.46% CA$757.8k | |
| CFO & Corporate Secretary | 3.5yrs | CA$83.22k | 0.083% CA$6.7k | |
| Chief Investment Officer | 3yrs | CA$328.77k | no data |
3.5yrs
Average Tenure
49yo
Average Age
Experienced Management: 0MLA's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.8yrs | CA$358.83k | 9.46% CA$757.8k | |
| Independent Chairman | 2.8yrs | CA$40.89k | 0.52% CA$41.8k | |
| Independent Director | 11.3yrs | CA$27.63k | 2.06% CA$164.7k | |
| Director | 6.5yrs | CA$27.13k | 3.99% CA$319.4k |
6.5yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 0MLA's board of directors are considered experienced (6.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0MLA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Torrent Capital Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Torrent Capital Ltd.
- Ticker: 0MLA
- Exchange: MUN
- Founded:
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CA$11.511m
- Listing Market Cap: CA$8.011m
- Shares outstanding: 23.98m
- Website: https://torrentcapital.ca
Location
- Torrent Capital Ltd.
- Purdy’s Wharf II
- Suite 2001
- Halifax
- Nova Scotia
- B3J 3R7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| A2DLLD | DB (Deutsche Boerse AG) | COM NPV | DE | CAD | No data | |
| TORR | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Mar 1990 |
| TRRP.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Mar 1990 |
| 0MLA | MUN (Boerse Muenchen) | Yes | Common Shares | DE | EUR | Mar 1990 |
Biography
Torrent Capital Ltd., an investment company, focuses on investments in private and public company securities. The company was formerly known as Metallum Resources Inc. and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/15 22:12 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.