OTCPK:EORB.F

Stock Analysis Report

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Executive Summary

Orbite Technologies Inc. operates as a clean technology based mineral-processing and resource development company in Canada.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Orbite Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

EORB.F

-3.0%

US Metals and Mining

1.0%

US Market


1 Year Return

-99.9%

EORB.F

8.0%

US Metals and Mining

4.1%

US Market

Return vs Industry: EORB.F underperformed the US Metals and Mining industry which returned 8% over the past year.

Return vs Market: EORB.F underperformed the US Market which returned 4.1% over the past year.


Shareholder returns

EORB.FIndustryMarket
7 Day0%-3.0%1.0%
30 Day0%6.5%5.4%
90 Dayn/a0.7%-5.7%
1 Year-99.9%-99.9%10.6%8.0%6.5%4.1%
3 Year-99.5%-99.5%4.4%-2.3%28.3%19.8%
5 Year-100.0%-100.0%18.4%8.6%52.2%35.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Orbite Technologies undervalued compared to its fair value and its price relative to the market?


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.


Next Steps

  • Take a look at our analysis of EORB.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Orbite Technologies regulatory filings here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

18.1%

Forecasted Materials 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 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 SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of EORB.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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.
  • Explore growth companies in the Materials industry.

Past Performance

How has Orbite Technologies performed over the past 5 years?

29.8%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if EORB.F has high quality earnings.

Growing Profit Margin: Insufficient data to determine if EORB.F's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EORB.F's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare EORB.F's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if EORB.F's earnings growth over the past year exceeded the Metals and Mining industry average.


Return on Equity

High ROE: EORB.F has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Orbite Technologies's financial position?


In this section we usually analyse Orbite Technologies's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Orbite Technologies has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of EORB.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Orbite Technologies's financial data was last updated here.
  • Explore more healthy companies in the Materials industry.

Dividend

What is Orbite Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EORB.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EORB.F's dividends per share have been stable in the past.

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

7.0yrs

Average management tenure


CEO

Glenn Kelly

6.25yrs

Tenure

CA$830,239

Compensation

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 Pre ...


CEO Compensation Analysis

Compensation vs Market: Glenn's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD596.44K).

Compensation vs Earnings: Insufficient data to compare Glenn's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Glenn Kelly
CEO, President & Director6.25yrsCA$830.24kno data
Jacques Bédard
VP of Finance9.42yrsCA$556.52kno data
Charles Taschereau
VP & COO3.92yrsno datano data
Hubert Dumont
Director of Technology Development8.67yrsno datano data
Antoine Charbonneau
Director of Sales & Marketing7.67yrsno datano data
Philippe Lévesque-Groleau
Director of Human Resources3.5yrsno datano data

7.0yrs

Average Tenure

Experienced Management: EORB.F's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Glenn Kelly
CEO, President & Director6.25yrsCA$830.24kno data
Claude Lamoureux
Chairman of the Board6yrsCA$33.38kno data
Pierre Meunier
Director12.33yrsCA$391.60kno data
Stéphane Bertrand
Independent Director11.33yrsCA$15.88kno data
Pierre Gignac
Independent Director4.25yrsno datano data
Pascal Decary
Director7yrsno datano data

6.5yrs

Average Tenure

Experienced Board: EORB.F's board of directors are considered experienced (6.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Orbite Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Orbite Technologies Inc.
  • Ticker: EORB.F
  • Exchange: OTCPK
  • Founded: 1983
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: US$51.464k
  • Shares outstanding: 514.65m
  • Website: https://www.orbitetech.com

Number of Employees


Location

  • Orbite Technologies Inc.
  • 500 Boulevard Cartier West
  • Suite 249
  • Laval
  • Quebec
  • H7V 5B7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EORB.FOTCPK (Pink Sheets LLC)YesClass A SharesUSUSDJan 1990

Biography

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 Laval, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 03:49
End of Day Share Price2020/04/29 00:00
Earnings2017/09/30
Annual Earnings2016/12/31


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.