OTCPK:MWCA.F

Stock Analysis Report

Matachewan Consolidated Mines

Executive Summary

Matachewan Consolidated Mines, Limited invests in various petroleum interests and mineral properties in Canada.


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Matachewan Consolidated Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

MWCA.F

12.2%

US Oil and Gas

9.4%

US Market


1 Year Return

-22.2%

MWCA.F

-49.0%

US Oil and Gas

-6.8%

US Market

Return vs Industry: MWCA.F exceeded the US Oil and Gas industry which returned -49% over the past year.

Return vs Market: MWCA.F underperformed the US Market which returned -6.8% over the past year.


Shareholder returns

MWCA.FIndustryMarket
7 Day0%12.2%9.4%
30 Day0%-2.1%-3.9%
90 Day-7.5%-42.4%-16.5%
1 Year-22.2%-22.2%-46.9%-49.0%-4.8%-6.8%
3 Year-60.5%-60.5%-42.1%-47.7%23.4%15.2%
5 Year-42.9%-52.1%-48.8%-56.7%41.3%25.7%

Price Volatility Vs. Market

How volatile is Matachewan Consolidated Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Matachewan Consolidated Mines undervalued compared to its fair value and its price relative to the market?

6.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MWCA.F ($0.08) is trading above our estimate of fair value ($0.01)

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


Price To Earnings Ratio

PE vs Industry: MWCA.F is good value based on its PE Ratio (6.6x) compared to the Oil and Gas industry average (7.9x).

PE vs Market: MWCA.F is good value based on its PE Ratio (6.6x) compared to the US market (13.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MWCA.F is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (0.5x).


Next Steps

Future Growth

How is Matachewan Consolidated Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

Forecasted Energy 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 Matachewan Consolidated Mines 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

  • Examine whether Matachewan Consolidated Mines is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • 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 Matachewan Consolidated Mines's filings and announcements here.
  • Explore growth companies in the Energy industry.

Past Performance

How has Matachewan Consolidated Mines performed over the past 5 years?

-35.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MWCA.F has high quality earnings.

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


Past Earnings Growth Analysis

Earnings Trend: MWCA.F has become profitable over the past 5 years, growing earnings by -35.2% per year.

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

Earnings vs Industry: MWCA.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-16.2%).


Return on Equity

High ROE: MWCA.F's Return on Equity (6.3%) is considered low.


Next Steps

Financial Health

How is Matachewan Consolidated Mines's financial position?


Financial Position Analysis

Short Term Liabilities: MWCA.F's short term assets (CA$3.2M) exceed its short term liabilities (CA$749.6K).

Long Term Liabilities: MWCA.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: MWCA.F's debt to equity ratio (19.6%) is considered satisfactory.

Reducing Debt: MWCA.F's debt to equity ratio has increased from 6% to 19.6% over the past 5 years.

Debt Coverage: MWCA.F's debt is well covered by operating cash flow (27.2%).

Interest Coverage: Insufficient data to determine if MWCA.F's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Matachewan Consolidated Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MWCA.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MWCA.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MWCA.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?

23.3yrs

Average board tenure


CEO

Richard McCloskey (68yo)

no data

Tenure

CA$32,000

Compensation

Mr. Richard D. McCloskey, Bo, B.Sc., MBA has been the President of Baffinland Iron Mines Limited since July 2002. Mr. McCloskey serves as the Chief Executive Officer and President of McChip Resources Inc.  ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD22.92K) is below average for companies of similar size in the US market ($USD607.70K).

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


Board Members

NamePositionTenureCompensationOwnership
Richard McCloskey
Presidentno dataCA$32.00k16.64% CA$163.1k
Edward Dumond
CFO, Corporate Secretary & Director28.25yrsCA$26.00k0.64% CA$6.3k
Michael Zurowski
Independent Director17.25yrsno datano data
Richard German
Independent Director23.25yrsno datano data
Douglas Bolton
Director1.5yrsno datano data

23.3yrs

Average Tenure

68yo

Average Age

Experienced Board: MWCA.F's board of directors are seasoned and experienced ( 23.3 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

Matachewan Consolidated Mines, Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Matachewan Consolidated Mines, Limited
  • Ticker: MWCA.F
  • Exchange: OTCPK
  • Founded: 1933
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$1.369m
  • Listing Market Cap: CA$980.519k
  • Shares outstanding: 12.45m
  • Website: https://null

Location

  • Matachewan Consolidated Mines, Limited
  • 150 York Street
  • Suite 410
  • Toronto
  • Ontario
  • M5H 3S5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MCM.ATSXV (TSX Venture Exchange)YesCommon SharesCACADJan 1976
MWCA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1976

Biography

Matachewan Consolidated Mines, Limited invests in various petroleum interests and mineral properties in Canada. It holds a royalty interest in the Matachewan property, which comprise 24 mining claims in the Young Davidson mine located in Powell and Cairo Townships near Matachewan Area, Ontario; and a 50% interest in 8 mining leases located in Hislop and Guibord Townships near Matheson, Ontario. The company was incorporated in 1933 and is based in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 11:30
End of Day Share Price2020/02/21 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.