Dundee Corporation, an asset management company, provides wealth management, real estate, resources, and investment services in Canada and the United States.
The last earnings update was 6 days ago.
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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Dundee. 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
Dundee'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 Dundee 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 Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Dundee's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Dundee's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Dundee's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Dundee is high growth as no earnings estimate data is available.
Unable to determine if Dundee 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 Dundee's filings and announcements here.
Dundee'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
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.
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. Jonathan Carter Goodman, P.Eng., CFA, MBA, has been Chairman of Toachi Mining Inc. since January 31, 2018. Mr. Goodman has been the Chairman at Dundee Corporation since January 10, 2018 and also has been its Chief Executive Officer since June 4, 2018. He served as President and CEO of Toachi Mining Inc. from September 8, 2017 to January 31, 2018. He served as Chairman of Toachi Mining Inc. from 2016 to September 8, 2017. He has been a Director of Dundee Precious Metals Inc. Since 1993. He is President & Chief Executive Officer of Metaform Investments Inc. He is the Chairman of Dundee Precious Metals Inc. since September 07, 2017 and served as its Executive Chairman until September 07, 2017. Mr. Goodman served as a Director of Sabina Gold & Silver Corp. from June 4, 2009 to June 6, 2018. He serves as a Director of Toachi Mining Inc and Silver Corp. He has over 31 years of experience in the resource and investment industry, working as a geologist, Senior Analyst, portfolio Manager and senior executive. Mr. Goodman joined Goodman & Company, Investment Counsel Ltd., in 1990, where he was responsible for the selection of Canadian equities and played a major role in developing asset allocation strategies, before becoming the company’s President. He is also a Chartered Financial Analyst, and is a Director of several publicly-traded resource companies. He was a Director at Tahera Diamond Corporation from August 2003 to September 29, 2008. He was also director, Chairman and CEO of Tahera Diamond Corporation from October 2003 to December 2008. He is also the Founder of Goepel Shields and Partners, an investment firm. Mr. Goodman graduated from the Colorado School of Mines as a Professional Engineer and holds a Master of Business Administration from the University of Toronto.
Jonathan's compensation has been consistent with company performance over the past year.
Jonathan's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Dundee management team is about average.
Chairman & Chief Executive Officer
Executive VP & CFO
Executive VP & COO
Independent Lead Director & Consultant
Head of Investor & Media Relations
VP of Legal & Corporate Secretary
Vice President of Corporate Development
Human Resources Consultant
Vice President of Internal Audit
Executive of Dundee Resources
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Dundee board of directors is less than 3 years, this suggests a new board.
Dundee Corporation, an asset management company, provides wealth management, real estate, resources, and investment services in Canada and the United States. The company’s Wealth Management segment offers investment management, financial advisory, capital market, and various banking services. This segment also creates, manages, and administers investment products, as well as provides internal and third-party management, and advisory services to various investment products, including mutual funds, private clients, portfolio solutions, tax-assisted investment products, closed-end investment products, and alternative investment products. In addition, it offers investment banking, institutional sales, and trading and investment research. Its Real Estate segment involves in land, housing, and resort development activities, as well as provides asset management and advisory services, including sourcing, acquiring, managing, and developing commercial and residential real estate. The company’s Resources segment engages in the exploration and development of oil and gas properties in Spain and Tunisia, as well as in the acquisition, exploration, development, and mining of precious metals. Dundee Corporation was founded in 1984. It was formerly known as Dundee Bancorp, Inc. and changed its name to Dundee Corporation in 2004. Dundee Corporation is headquartered in Toronto, Canada.
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