Torrent Capital
Torrent Capital Ltd., an investment company, focuses on investments in private and public company securities. The last earnings update was 87 days ago. More info.
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0MLA Share Price and Events
7 Day Returns
1 Year Returns
0MLA Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Torrent Capital (0MLA) | -0.4% | -7% | 0.8% | 37.5% | - | - |
| DE Capital Markets | 0.3% | -1.4% | -3.3% | -23.6% | -20.3% | -54.4% |
| DE Market | 1.2% | 2.7% | 1.7% | -11.2% | 12% | 6.1% |
1 Year Return vs Industry and Market
- 0MLA outperformed the Capital Markets industry which returned -23.6% over the past year.
- 0MLA outperformed the Market in Germany which returned -11.2% over the past year.
0MLA Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Torrent Capital. This is due to cash flow or dividend data being unavailable. The share price is €0.253.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Torrent Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Torrent Capital's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-09-30) in CAD | CA$0.24 |
| TSXV:TORR Share Price ** | TSXV (2019-02-22) in CAD | CA$0.37 |
| Germany Capital Markets Industry PE Ratio | Median Figure of 18 Publicly-Listed Capital Markets Companies | 17.63x |
| Germany Market PE Ratio | Median Figure of 420 Publicly-Listed Companies | 18.04x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Torrent Capital.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = TSXV:TORR Share Price ÷ EPS (both in CAD) = 0.37 ÷ 0.24 |
1.51x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Torrent Capital is good value based on earnings compared to the DE Capital Markets industry average.
- Torrent Capital is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does
Torrent Capital's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 1.51x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Germany Capital Markets Industry PEG Ratio | Median Figure of 7 Publicly-Listed Capital Markets Companies | 1.59x |
| Germany Market PEG Ratio | Median Figure of 277 Publicly-Listed Companies | 1.4x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Torrent Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Torrent Capital's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-09-30) in CAD | CA$0.50 |
| TSXV:TORR Share Price * | TSXV (2019-02-22) in CAD | CA$0.37 |
| Germany Capital Markets Industry PB Ratio | Median Figure of 30 Publicly-Listed Capital Markets Companies | 1.82x |
| Germany Market PB Ratio | Median Figure of 565 Publicly-Listed Companies | 1.78x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = TSXV:TORR Share Price ÷ Book Value per Share (both in CAD) = 0.37 ÷ 0.50 |
0.73x |
* Primary Listing of Torrent Capital.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Torrent Capital is good value based on assets compared to the DE Capital Markets industry average.
Value checks
We assess Torrent Capital's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Torrent Capital has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
0MLA Future Performance
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Torrent Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Torrent Capital's earnings growth to the Germany market average as no estimate data is available.
- Unable to compare Torrent Capital's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Germany Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 29.2% |
| Germany Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 3.9% |
| Germany Market Earnings Growth Rate | Market Cap Weighted Average | 10% |
| Germany Market Revenue Growth Rate | Market Cap Weighted Average | 5.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in CAD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-09-30 | 7 | 0 | 6 |
| 2018-06-30 | 1 | -2 | -0 |
| 2018-03-31 | 0 | -5 | -1 |
| 2017-12-31 | 2 | -6 | 1 |
| 2017-09-30 | -0 | -5 | -1 |
| 2017-06-30 | -0 | -4 | -1 |
| 2017-03-31 | 0 | -1 | -1 |
| 2016-12-31 | 0 | -0 | -0 |
| 2016-09-30 | -0 | 1 | |
| 2016-06-30 | -0 | 1 | |
| 2016-03-31 | -0 | 1 | |
| 2015-12-31 | -0 | -0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Torrent Capital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | EPS * |
|---|---|
| 2018-09-30 | 0.24 |
| 2018-06-30 | -0.01 |
| 2018-03-31 | -0.03 |
| 2017-12-31 | 0.04 |
| 2017-09-30 | -0.06 |
| 2017-06-30 | -0.06 |
| 2017-03-31 | -0.04 |
| 2016-12-31 | -0.00 |
| 2016-09-30 | 0.03 |
| 2016-06-30 | 0.04 |
| 2016-03-31 | 0.03 |
| 2015-12-31 | -0.01 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Torrent Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Torrent Capital's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Torrent Capital has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
0MLA Past Performance
How has Torrent Capital performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Torrent Capital has delivered over 20% year on year earnings growth in the past 5 years.
- Torrent Capital has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- Torrent Capital has become profitable in the last year making it difficult to compare the DE Capital Markets industry average.
Earnings and Revenue History
All data from Torrent Capital Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CAD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-09-30 | 6.60 | 5.71 | 0.49 | |
| 2018-06-30 | 0.59 | -0.27 | 0.54 | |
| 2018-03-31 | 0.20 | -0.68 | 0.54 | |
| 2017-12-31 | 1.84 | 0.99 | 0.51 | |
| 2017-09-30 | -0.07 | -1.33 | 0.39 | |
| 2017-06-30 | -0.31 | -1.50 | 0.33 | |
| 2017-03-31 | 0.15 | -1.00 | 0.32 | |
| 2016-12-31 | 0.08 | -0.01 | 0.37 | |
| 2016-09-30 | 0.80 | 0.39 | ||
| 2016-06-30 | 0.83 | 0.34 | ||
| 2016-03-31 | 0.72 | 0.34 | ||
| 2015-12-31 | -0.25 | 0.29 | ||
| 2015-09-30 | -0.35 | 0.49 | ||
| 2015-06-30 | -0.40 | 0.48 | ||
| 2015-03-31 | -0.18 | 0.48 | ||
| 2014-12-31 | -0.03 | 0.46 | ||
| 2014-09-30 | -0.02 | 0.77 | ||
| 2014-06-30 | -0.48 | 1.06 | ||
| 2014-03-31 | -0.75 | 1.07 | ||
| 2013-12-31 | -1.09 | 1.20 | ||
| 2013-09-30 | -3.63 | 0.75 | ||
| 2013-06-30 | -1.45 | 0.53 | ||
| 2013-03-31 | -0.33 | 0.55 | ||
| 2012-12-31 | -0.29 | 0.46 | ||
| 2012-09-30 | 2.20 | 0.45 | ||
| 2012-06-30 | 0.49 | 0.42 | ||
| 2012-03-31 | -0.49 | 0.40 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Torrent Capital made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
- Torrent Capital used its assets more efficiently than the DE Capital Markets industry average last year based on Return on Assets.
- Torrent Capital has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Torrent Capital's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Torrent Capital has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
0MLA Health
How is Torrent Capital's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Torrent Capital's finances.
The net worth of a company is the difference between its assets and liabilities.
- Torrent Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Torrent Capital has no long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Torrent Capital has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Torrent Capital Company Filings, last reported 4 months ago.
| Date (Data in CAD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-09-30 | 11.91 | 0.00 | 1.83 |
| 2018-06-30 | 5.85 | 0.00 | 0.11 |
| 2018-03-31 | 6.02 | 0.00 | 0.20 |
| 2017-12-31 | 7.69 | 0.00 | 0.77 |
| 2017-09-30 | 6.12 | 0.00 | 1.42 |
| 2017-06-30 | 5.99 | 0.00 | 2.52 |
| 2017-03-31 | 6.55 | 0.00 | 5.50 |
| 2016-12-31 | 6.58 | 0.00 | 6.35 |
| 2016-09-30 | 7.38 | 0.00 | 6.42 |
| 2016-06-30 | 7.46 | 0.00 | 6.06 |
| 2016-03-31 | 7.81 | 0.00 | 6.26 |
| 2015-12-31 | 6.58 | 0.00 | 6.48 |
| 2015-09-30 | 6.58 | 0.00 | 6.51 |
| 2015-06-30 | 6.63 | 0.00 | 6.55 |
| 2015-03-31 | 6.83 | 0.00 | 6.68 |
| 2014-12-31 | 6.83 | 0.00 | 5.05 |
| 2014-09-30 | 6.90 | 0.00 | 5.28 |
| 2014-06-30 | 7.00 | 0.00 | 5.14 |
| 2014-03-31 | 6.98 | 0.00 | 5.17 |
| 2013-12-31 | 6.83 | 0.00 | 5.25 |
| 2013-09-30 | 6.92 | 0.00 | 6.90 |
| 2013-06-30 | 7.48 | 0.00 | 7.46 |
| 2013-03-31 | 7.65 | 0.00 | 7.85 |
| 2012-12-31 | 7.83 | 0.00 | 8.05 |
| 2012-09-30 | 10.46 | 0.00 | 8.32 |
| 2012-06-30 | 8.59 | 0.00 | 6.79 |
| 2012-03-31 | 7.71 | 0.00 | 6.34 |
- Torrent Capital has no debt.
- Torrent Capital has not taken on any debt in the past 5 years.
- Torrent Capital has no debt, it does not need to be covered by operating cash flow.
- Torrent Capital has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Torrent Capital's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Torrent Capital has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
0MLA Dividends
What is Torrent Capital's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
Torrent Capital
shares you are expected to receive
€0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Torrent Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Torrent Capital's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Germany Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 2% |
| Germany Market Average Dividend Yield | Market Cap Weighted Average of 332 Stocks | 3% |
| Germany Minimum Threshold Dividend Yield | 10th Percentile | 0.9% |
| Germany Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| Germany Top 25% Dividend Yield | 75th Percentile | 3.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Torrent Capital has not reported any payouts.
- Unable to verify if Torrent Capital's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Torrent Capital's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Torrent Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Torrent Capital has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
0MLA Management
CEO
| COMPENSATION | CA$48,684 |
| AGE | 48 |
| TENURE AS CEO | 2.8 years |
CEO Bio
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 serves as Chairman and President of Vulcan Minerals Inc. He serves as the Chief Executive Officer of Fortune Bay Corp. He has been the President of NewLab Ventures Inc. since November 1994. Investments, Inc. Mr. Dawe has been an entrepreneur in Canadian mining and venture capital industries since 1994. He served as an Advisor of Canada Rare Earth Corporation since April 2010. He serves as Advisor of Minco Silver Corporation. He served as the Chairman and Chief Executive Officer of Fortune Bay Corp. since January 2014. Mr. Dawe served as the President of Brigus Capital, Inc. since January 2000. Mr. Dawe was the Owner of Brigus Capital Incorporated. He served as the Executive Chairman of NWest Energy Corp. until June 18, 2013. He founded Linear Gold Corporation in 2003 and served as its Chief Executive Officer, Chief Financial Officer, Secretary and President since September 26, 2003. He served as the Chief Executive Officer and President at Brigus Gold ULC since September 26, 2003. Mr. Dawe co-founded and served as the Chairman of Brigus Gold Corp. from June 2010 to March 2014 and Chief Executive Officer from June 25, 2010 to March 2014. He served as President of Brigus Gold Corp from June 25, 2010 to January 2013. Mr. Dawe served as an Acting President of East Energy Corp. since March 2009. He co-founded Ucore Uranium Inc. and Keeper Resources Inc. in 2003. Mr. Dawe served as the Chief Executive Officer, President, Chief Financial Officer and Secretary of Rhino Resources Inc. He served as Vice President of Linear Gold Corp. from February 2000 to September 2003. He served as the Chief Executive Officer of Stockport Exploration Inc. until March 13, 2008 and its President until December 31, 2007. He served as an Executive Officer of Minco Gold Corporation. With extensive contacts in the business and investment banking communities he has consulted for a number of successful publicly traded Canadian companies and has raised millions of dollars in equity financing. Mr. Dawe served as an Account Manager of Atlantic Canada Opportunities Agency from 1993 to 1995. In 1992 and 1993, he served as a Sales and Marketing Manager of Riverdale Contractors Ltd. He serves as Chairman of Linear Gold Corp. and Stockport Exploration Inc until November 16, 2016. He serves as a Director of 8724385 Canada Limited. He has been the Chairman and Director of Pivot Technology Solutions, Inc. since 2016. He serves as a Director of TinBu, LLC. Mr. Dawe serves on the Advisory Board to the Faculty of Business Administration at Memorial University of Newfoundland. He has been a Director of Metallum Resources Inc. since August 27, 2013, Brigus Gold Corp. since June 25, 2010, NWest Energy, Inc. since January 2008 and Gobi Gold Inc. since August 2005. He has been a Director at kneat.com, inc. since June 14, 2014. He served as an Independent Director at IMV Inc. since September 25, 2014 until 2018 and served as its Director from May 18, 2007 to April 23, 2014. He served as the Chairman of Ucore Rare Metals Inc. until December 30, 2009 and its Director from June 2009 to December 30, 2009. He served as the Chairman at Brigus Gold ULC and its Director since February 2000. He serves as the Chairman of Fortune Bay Corp since and has been its Director since May 13, 2016. He has been a Director at Sona Nanotech Limited since August 2015. He served as a Director of Fortune Bay Corp since January 14, 2014. Mr. Dawe served as a Director of NWest Energy Corp. from January 2008 to June 18, 2013. Mr. Dawe served as Director of Stockport Exploration Inc. since November 2004 until November 16, 2016 and Linear Gold Corp. since 2000 until November 16, 2016. He served as a Director of Rhino Resources Inc. since May 2007 and Celtic Minerals, Ltd. since 2003. Mr. Dawe served as a Director of Canada Rare Earth Corporation until April 2010. He served as an Independent Director of Minco Silver Corporation from December 8, 2004 to June 27, 2007. He served as an Independent Director of Keeper Resources Inc. since October 2003. He served as a Director of East Energy Corp. since March 6, 2009 and also from August 23, 2005 to September 17, 2007. Mr. Dawe served as a Director of Trilogy Metals Inc. He is a member of the Young President' Organization (YPO), an international organization for business leaders. He is an accomplished entrepreneur, financier and investor. Mr. Dawe holds a Bachelor of Commerce Degree from the Memorial University of Newfoundland in May 1992.
CEO Compensation
- Wade's compensation has been consistent with company performance over the past year.
- Wade's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the Torrent Capital management team in years:
- The tenure for the Torrent Capital management team is about average.
Management Team
Wade Dawe
CEO & Director
CA$49K
48
2.8 yrs
Rob Randall
CFO & Corporate Secretary
CA$67K
55
2.5 yrs
Scott Gardner
Chief Investment Officer
CA$198K
44
2 yrs
Board of Directors Tenure
Average tenure and age of the Torrent Capital board of directors in years:
- The tenure for the Torrent Capital board of directors is about average.
Board of Directors
Philip Armstrong
Chairman
CA$14K
68
1.8 yrs
Wade Dawe
CEO & Director
CA$49K
48
5.5 yrs
Carl Hansen
Independent Director
CA$11K
56
10.3 yrs
Jim Megann
Independent Director
CA$10K
53
5.5 yrs
Who owns this company?
Recent Insider Trading
- More shares have been bought than sold by Torrent Capital insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 15. Jan 19 | Buy | Brigus Capital Incorporated | Company | 10. Jan 19 | 10. Jan 19 | 8,000 | €0.26 | €2,046 | ||
| 02. Jan 19 | Buy | Brigus Capital Incorporated | Company | 02. Jan 19 | 02. Jan 19 | 20,000 | €0.25 | €4,926 | ||
| 07. Jan 19 | Buy | Wade Dawe | Individual | 04. Jan 19 | 04. Jan 19 | 14,000 | €0.25 | €3,570 | ||
| 27. Sep 18 | Buy | Brigus Capital Incorporated | Company | 26. Sep 18 | 26. Sep 18 | 50,000 | €0.24 | €11,363 | ||
| 17. Sep 18 | Buy | Brigus Capital Incorporated | Company | 14. Sep 18 | 14. Sep 18 | 154,000 | €0.23 | €34,562 | ||
| 04. Jun 18 | Buy | Harold Megann | Individual | 04. Jun 18 | 04. Jun 18 | 20,000 | €0.17 | €3,359 | ||
| 20. Mar 18 | Buy | Harold Megann | Individual | 20. Mar 18 | 20. Mar 18 | 25,000 | €0.17 | €4,271 | ||
Management checks
We assess Torrent Capital's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Torrent Capital has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
0MLA Company Info
Map
Description
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.
Details
| Name: | Torrent Capital Ltd. |
| 0MLA | |
| Exchange: | MUN |
| Founded: | |
| CA$5,823,741 | |
| 23,848,333 | |
| Website: | http:// |
| Address: |
Torrent Capital Ltd. Purdy’s Wharf II, Suite 2001, Halifax, Nova Scotia, B3J 3R7, Canada |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| TSXV | TORR | Common Shares | TSX Venture Exchange | CA | CAD | 22. Mar 1990 | |
| OTCPK | TRRP.F | Common Shares | Pink Sheets LLC | US | USD | 22. Mar 1990 | |
| MUN | 0MLA | Common Shares | Boerse Muenchen | DE | EUR | 22. Mar 1990 | |
| DB | A2DLLD | COM NPV | Deutsche Boerse AG | DE | CAD | 23. Feb 2019 |
Number of employees
Current staff
Industry
| Asset Management and Custody Banks | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/02/23 22:16 |
| End of day share price update: | 2019/02/22 00:00 |
| Last earnings filing: | 2018/11/28 |
| Last earnings reported: | 2018/09/30 |
| Last annual earnings reported: | 2017/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
