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
In this section, we usually try to help investors determine whether Orbite Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Orbite Technologies has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Orbite Technologies. 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
Orbite Technologies'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 Orbite Technologies 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 Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Orbite Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Orbite Technologies's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Orbite Technologies's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Orbite Technologies is high growth as no earnings estimate data is available.
Unable to determine if Orbite Technologies 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 Orbite Technologies's filings and announcements here.
OTCPK:EORB.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions)
Net Income *
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
Unable to establish if Orbite Technologies has efficiently used shareholders’ funds last year as no Return on Equity data is available.
Unable to establish if Orbite Technologies has efficiently used its assets last year compared to the US Metals and Mining industry average (Return on Assets) as past financial data has not been reported.
Unable to establish if Orbite Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Orbite Technologies'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
Metals and Mining
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
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Orbite Technologies's finances.
The net worth of a company is the difference between its assets and liabilities.
Unable to compare short term assets to short term liabilities as Orbite Technologies has not reported sufficient balance sheet data.
Unable to establish if Orbite Technologies's long term commitments exceed its cash and other short term assets as Orbite Technologies has not reported sufficient balance sheet data.
This treemap shows a more detailed breakdown of
Orbite Technologies's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Unable to establish if Orbite Technologies has a high level of physical assets or inventory without balance sheet data.
Unable to verify if debt is covered by short term assets as Orbite Technologies has not reported sufficient balance sheet data.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
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. Glenn R. Kelly, Ing., MBA, has been the Chief Executive Officer and President of Orbite Technologies Inc. since February 17, 2014. Mr. Kelly served as the Chief Operating Officer and Executive Vice President at Orbite Aluminae Inc., since May 2013. He has been the Chairman of CO2 Solution Inc. since May 6, 2013 and as its Director since February 2008. He is an accomplished executive with more than 25 years of broad resource sector experience. His background includes project management, stakeholder relations and corporate development in both the upstream and downstream sectors of the energy industry. He served as the Chief Executive Officer and President of CO2 Solution Inc. from August 26, 2008 to May 6, 2013 and served as its Secretary. He has a vast expertise and knowledge of the petroleum and natural gas industry, in which he has been an active participant for close to 25 years. He served as the President and Chief Operating Officer of Rabaska Inc., a subsidiary of Gaz Metro, Gaz de France and Enbridge Inc. He demonstrated his entrepreneurial, leadership and project development skills while at Rabaska, by leading their project through the crucial regulatory approval and preliminary design phases. He founded and served as the President of Intragaz Inc. He worked as a facilities and drilling engineer for Chevron Canada Resources in Calgary, responsible for several important projects throughout Canada. He has been an invited speaker for presentations in Canada and the United States on future technologies and innovations in natural gas storage and liquefied natural gas. He has been a Director of Orbite Technologies Inc. since November 3, 2015 and served as its Non Independent Director since May 2014. He served as the Chairman of the Board at Gastem Inc., since September 2009. He served as a Director of Gastem Inc. since November 2008. He served as a Director of Xebec Adsorption Inc. until April 12, 2011. He has been an invited speaker at numerous natural gas industry conferences in North America and is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta (APEGGA). He holds B.Sc. degree in Civil Engineering from Queen's University and an MBA from Laval University from 1979 to 1990.
No earnings data for Orbite Technologies, not possible to compare to compensation.
Glenn's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Orbite Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.
CEO, President & Director
VP of Finance
VP & COO
Director of Technology Development
Director of Legal Affairs & Corporate Secretary
Director of Sales & Marketing
Director of Human Resources
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Orbite Technologies board of directors is about average.
Orbite Technologies Inc. operates as a clean technology based mineral-processing and resource development company in Canada. It produces high-purity alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, and rare earth and rare metal oxides from various feedstocks, including red mud, fly-ash, aluminous clays, mine tailings, bauxite, and kaolin clay, as well as serpentine residues from chrysotile processing sites. The company owns 100% interest in 99 mineral claims totaling approximately 55 square kilometers, as well as 1 mining lease of 98.5 hectares at a site near Grande-Vallée, Québec. It also owns 100% interest in 138 mineral claims covering approximately 78.4 square kilometers at sites near Rimouski and Cap-Chat, Québec. The company was formerly known as Orbite Aluminae Inc. and changed its name to Orbite Technologies Inc. in June 2015. Orbite Technologies Inc. was incorporated in 1983 and is headquartered in Montreal, 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.