OTCPK:RFNS

Stock Analysis Report

Reliant Financial Service

Executive Summary

Reliant Financial Service Corp. offers home warranty programs for the purchasers of residential real estate in Canada.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Reliant Financial Service's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

66.7%

RFNS

1.2%

US Mortgage

1.3%

US Market


1 Year Return

87.5%

RFNS

12.2%

US Mortgage

5.9%

US Market

Return vs Industry: RFNS exceeded the US Mortgage industry which returned 12.2% over the past year.

Return vs Market: RFNS exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

RFNSIndustryMarket
7 Day66.7%1.2%1.3%
30 Day-11.8%-0.6%-1.9%
90 Day150.0%2.4%-1.8%
1 Year87.5%87.5%14.6%12.2%8.3%5.9%
3 Year150.0%150.0%39.9%30.4%45.6%36.2%
5 Year66.7%66.7%68.7%51.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is Reliant Financial Service's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Reliant Financial Service undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Reliant Financial Service is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Reliant Financial Service has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of RFNS’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Reliant Financial Service regulatory filings here.
  • Explore potentially undervalued companies in the Banks industry.

Future Growth

How is Reliant Financial Service forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

Forecasted Banks 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 Reliant Financial Service 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 RFNS’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Reliant Financial Service's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Reliant Financial Service performed over the past 5 years?

15.9%

Historical Banks annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Reliant Financial Service has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Reliant Financial Service's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Reliant Financial Service's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Reliant Financial Service has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of RFNS’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Reliant Financial Service's financial data was last updated here.
  • Explore more healthy companies in the Banks industry.

Dividend

What is Reliant Financial Service's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Stable Dividend: Insufficient data to determine if RFNS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RFNS'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 RFNS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Reliant Financial Service's salary, the management and board of directors tenure and is there insider trading?

12.9yrs

Average board tenure


CEO

Kevin Hamilton (57yo)

11.9yrs

Tenure

0

Mr. Kevin Hamilton founded Reliant Financial Service Corp. and has been its Interim Chief Executive Officer since November 14, 2007. Mr. Hamilton has been an Advisor of Reliant Financial Service Corp. sinc ...


Board Age and Tenure

12.9yrs

Average Tenure

64yo

Average Age

Experienced Board: RFNS's board of directors are seasoned and experienced ( 12.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kevin Hamilton (57yo)

    Founder

    • Tenure: 11.9yrs
  • Steve Hamilton (65yo)

    Senior Vice President

    • Tenure: 0yrs
    • Compensation: US$104.93k
  • Paul Burden (64yo)

    Chief Financial Officer and Director

    • Tenure: 13.5yrs

Board Members

  • Kevin Hamilton (57yo)

    Founder

    • Tenure: 11.9yrs
  • John Roberts (86yo)

    Director

    • Tenure: 14.6yrs
  • Paul Burden (64yo)

    Chief Financial Officer and Director

    • Tenure: 13.5yrs
  • Anthony Florjancic

    Director

    • Tenure: 12.3yrs

Company Information

Reliant Financial Service Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reliant Financial Service Corp.
  • Ticker: RFNS
  • Exchange: OTCPK
  • Founded:
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$187.648k
  • Shares outstanding: 125.10m
  • Website: https://null

Location

  • Reliant Financial Service Corp.
  • 80 Carlauren Drive
  • Suite 23
  • Woodbridge
  • Ontario
  • L4L 7Z5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RFNSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJul 1996

Biography

Reliant Financial Service Corp. offers home warranty programs for the purchasers of residential real estate in Canada. The company markets non-prime residential mortgage products and related residential mo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:57
End of Day Share Price2019/10/09 00:00
Earnings2007/06/30
Annual Earnings2006/12/31


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.