OTCPK:WFGC.F

Stock Analysis Report

Executive Summary

Waterfront Capital Corporation provides business advisory and capital market services to public and non-public companies.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Waterfront Capital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WFGC.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-25.0%

WFGC.F

0.2%

US Capital Markets

0.06%

US Market


1 Year Return

n/a

WFGC.F

17.8%

US Capital Markets

19.4%

US Market

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

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


Shareholder returns

WFGC.FIndustryMarket
7 Day-25.0%0.2%0.06%
30 Day-25.0%0.2%1.1%
90 Dayn/a6.8%8.9%
1 Yearn/a20.2%17.8%21.9%19.4%
3 Yearn/a38.8%30.9%48.9%39.3%
5 Yearn/a81.4%64.5%71.9%53.1%

Price Volatility Vs. Market

How volatile is Waterfront Capital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Waterfront Capital undervalued compared to its fair value and its price relative to the market?

30.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: WFGC.F is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: WFGC.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WFGC.F is overvalued based on its PB Ratio (30.3x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

How is Waterfront Capital forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.5%

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 Waterfront 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Waterfront Capital performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WFGC.F is currently unprofitable.

Growing Profit Margin: WFGC.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WFGC.F is unprofitable, but has reduced losses over the past 5 years at a rate of 10.7% per year.

Accelerating Growth: Unable to compare WFGC.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WFGC.F is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (8.4%).


Return on Equity

High ROE: WFGC.F has a negative Return on Equity (-1196.85%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Waterfront Capital'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: WFGC.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if WFGC.F's debt is covered by short term assets.


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: WFGC.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WFGC.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

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

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

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

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

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

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


Next Steps

Dividend

What is Waterfront Capital's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if WFGC.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 WFGC.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?

1.2yrs

Average board tenure


CEO

Doug Mason (71yo)

CA$80,000

Compensation

Mr. Douglas L. Mason, also known as Doug, has been the Chief Executive Officer at International Bethlehem Mining Corporation since February 2020 and serves as its Chairman of the Board and President. Mr. M ...


CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD60.33K) is below average for companies of similar size in the US market ($USD519.76K).

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


Board Members

NamePositionTenureCompensationOwnership
Douglas Mason
Chairman0yrsCA$80.00k7.22% CA$60.9k
Sead Hamzagic
CFO, Secretary & Director12yrsCA$80.00kno data
Valerie Samson
Director0yrsCA$9.00kno data
Brayden Sutton
Director1.3yrsCA$30.00k7.64% CA$64.4k
Corey Larricq
Additional Director1.1yrsno datano data
Joshua Taylor
Director0.5yrsno datano data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Board: WFGC.F's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WFGC.F insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.8%.


Top Shareholders

Company Information

Waterfront Capital Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Waterfront Capital Corporation
  • Ticker: WFGC.F
  • Exchange: OTCPK
  • Founded: 1987
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: CA$1.117m
  • Listing Market Cap: CA$842.488k
  • Shares outstanding: 44.68m
  • Website: https://waterfrontcapitalcorp.com

Location

  • Waterfront Capital Corporation
  • 2489 Bellevue Avenue
  • West Vancouver
  • British Columbia
  • V7V 1E1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WFG.HTSXV (TSX Venture Exchange)YesCommon Voting SharesCACADMay 1992
WFGC.FOTCPK (Pink Sheets LLC)YesCommon Voting SharesUSUSDMay 1992
W04DB (Deutsche Boerse AG)YesCommon Voting SharesDEEURMay 1992

Biography

Waterfront Capital Corporation provides business advisory and capital market services to public and non-public companies. It also offers reporting and financial, and investment assistance services. The company serves as a strategic partner and provides business advisory services in the areas of venture capital markets, investor relations, initial public offerings and secondary financings, mergers and acquisitions, and public market administration, as well as media and marketing advice. Waterfront Capital Corporation was founded in 1987 and is headquartered in West Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 01:55
End of Day Share Price2020/02/18 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.