OTCPK:PVVL.F

Stock Analysis Report

Executive Summary

Partners Value Investments LP operates as an investment holding company that engages in the securities and financing transactions in Toronto, Canada.


Snowflake Analysis

Share Price & News

How has Partners Value Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

4.6%

PVVL.F

2.4%

US Capital Markets

2.0%

US Market


1 Year Return

n/a

PVVL.F

19.0%

US Capital Markets

23.6%

US Market

Return vs Industry: Insufficient data to determine how PVVL.F performed against the US Capital Markets industry.

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


Shareholder returns

PVVL.FIndustryMarket
7 Day4.6%2.4%2.0%
30 Day4.6%3.8%3.9%
90 Dayn/a15.0%12.0%
1 Yearn/a21.4%19.0%26.2%23.6%
3 Yearn/a48.9%40.5%53.2%43.3%
5 Yearn/a96.0%77.8%75.7%56.3%

Price Volatility Vs. Market

How volatile is Partners Value Investments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Partners Value Investments undervalued compared to its fair value and its price relative to the market?

87.44x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PVVL.F ($39.62) is trading above our estimate of fair value ($5.25)

Significantly Below Fair Value: PVVL.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PVVL.F is poor value based on its PE Ratio (84.9x) compared to the Capital Markets industry average (36.1x).

PE vs Market: PVVL.F is poor value based on its PE Ratio (84.9x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PVVL.F is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is Partners Value Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials 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 Partners Value Investments 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.

Past Performance

How has Partners Value Investments performed over the past 5 years?

30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PVVL.F has a large one-off loss of $25.4M impacting its September 30 2019 financial results.

Growing Profit Margin: PVVL.F's current net profit margins (46.8%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: PVVL.F's earnings have grown significantly by 30.8% per year over the past 5 years.

Accelerating Growth: PVVL.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PVVL.F had negative earnings growth (-59.9%) over the past year, making it difficult to compare to the Capital Markets industry average (20.6%).


Return on Equity

High ROE: PVVL.F's Return on Equity (1.5%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is Partners Value Investments's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: PVVL.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: PVVL.F's debt is covered by short term assets (assets are 11.1x debt).


Financial Institutions Analysis

Asset Level: PVVL.F's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if PVVL.F has a sufficient allowance for bad loans.

Low Risk Liabilities: PVVL.F reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if PVVL.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: PVVL.F has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if PVVL.F has an appropriate level of bad loans.

Dividend

What is Partners Value Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

Management

What is the CEO of Partners Value Investments's salary, the management and board of directors tenure and is there insider trading?


CEO

Brian Lawson (60yo)

1.8yrs

Tenure

0

Mr. Brian D. Lawson, C.A. serves as the Chief Executive Officer since March 20, 2018, President and Director at the Partners Value Investments LP. Mr. Lawson serves as the Chief Financial Officer at Brasca ...


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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.7%.


Management Team

  • Brian Lawson (60yo)

    CEO, President & Director

    • Tenure: 1.8yrs
  • Lory Corso

    Corporate Secretary

    • Tenure: 16.7yrs
  • Leslie Yuen

    Director of Finance


    Board Members

    • Ed Kress

      Director

      • Brian Lawson (60yo)

        CEO, President & Director

        • Tenure: 1.8yrs
      • Frank Neville Lochan

        Chairman of the Board

        • James L. Kelly

          Director

          • Ralph Zarboni

            Director

            • Tenure: 21yrs

          Company Information

          Partners Value Investments LP's company bio, employee growth, exchange listings and data sources


          Key Information

          • Name: Partners Value Investments LP
          • Ticker: PVVL.F
          • Exchange: OTCPK
          • Founded:
          • Industry: Asset Management and Custody Banks
          • Sector: Diversified Financials
          • Market Cap: CA$4.317b
          • Listing Market Cap: CA$3.302b
          • Shares outstanding: 73.47m
          • Website: https://www.pvii.ca

          Location

          • Partners Value Investments LP
          • Brookfield Place
          • Suite 210
          • Toronto
          • Ontario
          • M5J 2T3
          • Canada

          Listings

          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
          PVF.UNTSXV (TSX Venture Exchange)YesEquity Limited Partner UnitsCACADJul 2016
          PVVL.FOTCPK (Pink Sheets LLC)YesEquity Limited Partner UnitsUSUSDJul 2016

          Biography

          Partners Value Investments LP operates as an investment holding company that engages in the securities and financing transactions in Toronto, Canada. It has a leveraged investment in Brascan Corporation. The company’s operations are managed by Brascan Financial Corporation, a subsidiary of Brascan Corporation. It was formerly known as Partners Value Investments Inc. Partners Value Investments LP has its corporate office in Toronto, Canada. 


          Company Analysis and Financial Data Status

          All financial data provided by Standard & Poor's Capital IQ.
          DataLast Updated (UTC time)
          Company Analysis2020/01/19 00:44
          End of Day Share Price2020/01/16 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.