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
Flow Capital. 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
is considered below, and whether this is a fair price.
Price based on past earnings
Flow Capital'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 Flow 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
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 Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Flow Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Flow Capital's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Flow Capital's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Flow Capital is high growth as no earnings estimate data is available.
Unable to determine if Flow Capital 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.
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 Flow Capital's filings and announcements here.
Flow 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
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.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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. Alexander William Baluta, also known as Alex, has been Chief Executive Officer at Flow Capital Corp. since December, 2018. He has been the Vice-President of Corporate Development for NexJ Systems Inc. since September 2009. Prior thereto, Mr. Baluta served as the Managing Director, Investment Banking for Mackie Research Capital Corporation (formerly, Research Capital Corp.). He founded Mermax Capital Corp. and served as its President since January 2005. He serves as the Chairman of the Nevaro Capital Corporation. He served as Equity Analyst at Citigroup Global Markets Japan Inc., Research Division and BofA Merrill Lynch, Research Division. From May 2003 to January 2005, Mr. Baluta served as Director of Institutional Equity Sales with UBS Securities Canada. From April 2000 to May 2001, he served as Managing Director/Research Analyst at Robertson Stephens, Inc., Research Division. He served as Senior Analyst at Merril Lynch Canada from 1996 to April 2000. He has been a Director of Nevaro Capital Corporation (formerly, VRB Power Systems Inc.) since December 02, 2009. He served as Director of Pembroke Capital Corp. since May 6, 2010; Avaranta Resources Ltd., (formerly, Allman Technologies Inc.) from October 31, 2007 to May 2009 and Minfocus Exploration Corp. Mr. Baluta holds various designations from the Canadian Securities Institute including that of Certified Investment Manager.
Insufficient data for Alex to compare compensation growth.
Insufficient data for Alex to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Flow Capital management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Chief Investment Officer
Paul De Luca
Legal Counsel & Independent Director
Chief Executive Officer
Director of Investments
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Flow Capital board of directors is less than 3 years, this suggests a new board.
Flow Capital Corp. operates as an alternative asset investor and advisor in North America. It offers revenue-linked capital to small and medium sized enterprises; and an institutional advisory sales platform that provides pension funds, charities, and endowment clients with access to various institutional money managers. The company was formerly known as LOGiQ Asset Management Inc. and changed its name to Flow Capital Corp. in June 2018. Flow Capital Corp. is based in Toronto, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.