James Bay Resources Limited, a Canadian junior oil company, focuses on the acquisition, exploration, and development of oil and gas opportunities in the prolific Delta region of Nigeria.
The last earnings update was 23 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
James Bay Resources. This is due to cash flow or dividend data being
unavailable. The share price is
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
James Bay Resources's
is considered below, and whether this is a fair price.
Price based on past earnings
James Bay Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 James Bay Resources 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
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
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
James Bay Resources
expected to grow at an
Unable to compare James Bay Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare James Bay Resources's earnings growth to the Germany market average as no estimate data is available.
Unable to compare James Bay Resources's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if James Bay Resources is high growth as no earnings estimate data is available.
Unable to determine if James Bay Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
All data from James Bay Resources Company Filings, last reported 4 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
DB:8J8 Past Financials Data
Date (Data in CAD Millions)
*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 James Bay Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Examine whether James Bay Resources is trading at James Bay Resources'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
James Bay Resources'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
Oil and Gas
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)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
James Bay Resources
has a total score of
3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
James Bay Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
James Bay Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
James Bay Resources has no long term commitments.
This treemap shows a more detailed breakdown of
James Bay Resources's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
James Bay Resources has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Stephen Shefsky is the Co-Founder of James Bay Resources Limited and has been its Chief Executive Officer and President since November 5, 2007. Mr. Shefsky serves as a Secretary of James Bay Resources Limited. He was the Founder of Castle Resources Inc. and served as the Executive Chairman since June 23, 2011 until July 23, 2014. Mr. Shefsky served as Chief Executive Officer at Castle Resources Inc. from February 2008 to July 2011 and President from February 2008 to June 30, 2010. He served as an Executive Director of Castle Resources Inc. since March 28, 2007 until July 23, 2014. He co-founded Brasoil do Brasil Exploracao Petrolifera SA in 2006. He founded Silver Bear Resources Plc ("Silver Bear"). He served as a Vice President of Corporate Development of Silver Bear Resources Plc from 2004 to September 2007. He served as the Chief Executive Officer and President of Belo Sun Mining Corp. from 1996 to August 2007. He served as the Chief Executive Officer and President of Cancap Investments Limited since 1985. He founded Regis Resources Vermiculite Mine and financed and brought into commercial production, near Peterborough, Ontario. He has over 15 years experience in the junior equity markets. He has been the Chairman of Regis Resources Inc., since 1998. He served as Chairman at Ascendant Resources Inc. (a/k/a Morumbi Resources Inc.) until July 2012. Mr. Shefsky served as the Chairman at James Bay Resources Limited since November 5, 2007. He served as the Vice Chairman at Ascendant Resources Inc. since July 2012 until November 2013 and has been its Director since April 21, 2015. He serves as a Director of Crestar Integrated Natural Resources Limited. He has been a Director at James Bay Resources Limited since November 5, 2007. He served as a Director of Ascendant Resources Inc. since August 05, 2009 until November 19, 2013. He served as a Director at Silver Bear Resources Inc., since April 8, 2004. He served as a Director of Belo Sun Mining Corp. from June 1996 to March 11, 2008. Mr. Shefsky served as a Director of Lynden Energy Corp. (formerly Lynden Ventures Ltd.). Mr. Shefsky serves as the Chief Executive Officer and Director at BB1 Acquisition Corp. He holds a Bachelor of Arts from the University of Toronto, a Master of Science Degree in Urban Planning from Columbia University and a Juris Doctor Degree from Pepperdine University School of Law.
Stephen's compensation has been consistent with company performance over the past year, both up more than 20%.
Stephen's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
James Bay Resources
management team in years:
The average tenure for the James Bay Resources management team is over 5 years, this suggests they are a seasoned and experienced team.
Co-Founder & Director
Eric Edward Szustak
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
James Bay Resources
board of directors in years:
The average tenure for the James Bay Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Do Insiders Own Shares In James Bay Resources Limited (FRA:8J8)?
The big shareholder groups in James Bay Resources Limited (FRA:8J8) have power over the company. … Generally speaking, as a company grows, institutions will increase their ownership. … James Bay Resources is a smaller company with a market capitalization of €4.5m, so it may still be flying under the radar of many institutional investors.
What Does James Bay Resources Limited's (FRA:8J8) PE Ratio Tell You?
I am writing today to help inform people who are new to the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … James Bay Resources Limited (FRA:8J8) is currently trading at a trailing P/E of 1.3, which is lower than the industry average of 16.7.
Who Really Owns James Bay Resources Limited (FRA:8J8)?
Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Next Steps: Institutional ownership level and composition in 8J8 is not high nor active enough to significantly impact its investment thesis.
James Bay Resources Limited, a Canadian junior oil company, focuses on the acquisition, exploration, and development of oil and gas opportunities in the prolific Delta region of Nigeria. The company was incorporated in 2007 and is headquartered in Toronto, Canada.
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