OTCPK:TRRN.F

Stock Analysis Report

Executive Summary

Tornado Global Hydrovacs Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China.


Snowflake Analysis

Excellent balance sheet with acceptable track record.

Share Price & News

How has Tornado Global Hydrovacs's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TRRN.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

TRRN.F

-3.0%

US Machinery

-4.2%

US Market


1 Year Return

n/a

TRRN.F

6.4%

US Machinery

14.0%

US Market

Return vs Industry: Insufficient data to determine how TRRN.F performed against the US Machinery industry.

Return vs Market: Insufficient data to determine how TRRN.F performed against the US Market.


Shareholder returns

TRRN.FIndustryMarket
7 Day0%-3.0%-4.2%
30 Day-0.3%-2.4%-1.8%
90 Dayn/a-2.5%2.6%
1 Yearn/a8.4%6.4%16.3%14.0%
3 Year113.1%113.1%34.0%25.5%43.2%34.0%
5 Yearn/a58.1%39.4%65.9%47.6%

Price Volatility Vs. Market

How volatile is Tornado Global Hydrovacs's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Tornado Global Hydrovacs undervalued compared to its fair value and its price relative to the market?

62.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: TRRN.F is poor value based on its PE Ratio (62.8x) compared to the Machinery industry average (21.5x).

PE vs Market: TRRN.F is poor value based on its PE Ratio (62.8x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TRRN.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TRRN.F is good value based on its PB Ratio (1.2x) compared to the US Machinery industry average (2.2x).


Next Steps

Future Growth

How is Tornado Global Hydrovacs forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.6%

Forecasted Capital Goods 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 Tornado Global Hydrovacs 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 Tornado Global Hydrovacs performed over the past 5 years?

-3.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRRN.F has high quality earnings.

Growing Profit Margin: TRRN.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TRRN.F has become profitable over the past 5 years, growing earnings by -3.2% per year.

Accelerating Growth: TRRN.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TRRN.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (0.8%).


Return on Equity

High ROE: TRRN.F's Return on Equity (2%) is considered low.


Next Steps

Financial Health

How is Tornado Global Hydrovacs's financial position?


Financial Position Analysis

Short Term Liabilities: TRRN.F's short term assets (CA$18.1M) exceed its short term liabilities (CA$8.8M).

Long Term Liabilities: TRRN.F's short term assets (CA$18.1M) exceed its long term liabilities (CA$1.5M).


Debt to Equity History and Analysis

Debt Level: TRRN.F's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TRRN.F's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: TRRN.F's debt is covered by short term assets (assets are 48.1x 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: TRRN.F is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: TRRN.F is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Tornado Global Hydrovacs's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Bill Rollins (62yo)

CA$291,116

Compensation

Mr. William D. Rollins, also known as Bill, serves as the Chief Executive Officer at Tornado Global Hydrovacs Inc. and served as its Interim Chief Financial Officer since December 2016. Mr. Rollins served  ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD220.31K) is below average for companies of similar size in the US market ($USD521.92K).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Rollins
Chief Executive Officer0yrsCA$291.12kno data
Alastair Robertson
Chief Financial Officer2.6yrsCA$40.50kno data
Johnathan Nysse
Director of Business Development0yrsCA$172.93kno data
George Tai
Corporate Secretary & Director4.1yrsCA$23.00k0.11% CA$18.3k
Vincent Zhang
President of Tornado Global Hydrovacs (Beijing) Limited0.9yrsno datano data

2.6yrs

Average Tenure

62yo

Average Age

Experienced Management: TRRN.F's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
George Tai
Corporate Secretary & Director4.1yrsCA$23.00k0.11% CA$18.3k
Kenneth Nelson
Non-Executive Chairman4.1yrsCA$24.00k3.86% CA$645.2k
Jie Chui
Director4.1yrsCA$23.00k0.11% CA$18.3k
Darrick Evong
Independent Director4.1yrsCA$24.00k0.11% CA$18.3k
Chuyu Wu
Independent Director3.3yrsCA$22.00k0.10% CA$17.5k

4.1yrs

Average Tenure

56yo

Average Age

Experienced Board: TRRN.F's board of directors are considered experienced (4.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tornado Global Hydrovacs Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tornado Global Hydrovacs Ltd.
  • Ticker: TRRN.F
  • Exchange: OTCPK
  • Founded: 2016
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: CA$22.185m
  • Listing Market Cap: CA$16.714m
  • Shares outstanding: 126.77m
  • Website: https://www.tornadotrucks.com

Location

  • Tornado Global Hydrovacs Ltd.
  • 7015 MacLeod Trail, SW
  • Suite 510
  • Calgary
  • Alberta
  • T2H 2K6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TGHTSXV (TSX Venture Exchange)YesClass A Common SharesCACADJul 2016
TRRN.FOTCPK (Pink Sheets LLC)YesClass A Common SharesUSUSDJul 2016

Biography

Tornado Global Hydrovacs Ltd., through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks in North America and China. It serves excavation service providers in the municipal, and oil and gas markets. The company was incorporated in 2016 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:56
End of Day Share Price2020/01/29 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.