OTCPK:SVAU.F

Stock Analysis Report

Executive Summary

StorageVault Canada Inc. engages in owning, managing, and renting self-storage and portable storage space to individual and commercial customers in Canada.


Snowflake Analysis

Adequate balance sheet with concerning outlook.

Share Price & News

How has StorageVault Canada's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

n/a

SVAU.F

-1.6%

US Real Estate

-1.1%

US Market


1 Year Return

n/a

SVAU.F

6.5%

US Real Estate

17.9%

US Market

Return vs Industry: Insufficient data to determine how SVAU.F performed against the US Real Estate industry.

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


Shareholder returns

SVAU.FIndustryMarket
7 Dayn/a-1.6%-1.1%
30 Dayn/a1.5%1.4%
90 Dayn/a7.4%6.9%
1 Yearn/a7.4%6.5%20.3%17.9%
3 Yearn/a27.7%24.6%47.8%38.3%
5 Yearn/a15.0%11.2%71.9%53.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is StorageVault Canada undervalued compared to its fair value and its price relative to the market?

5.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SVAU.F is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: SVAU.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 SVAU.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SVAU.F is overvalued based on its PB Ratio (5.5x) compared to the US Real Estate industry average (1.4x).


Next Steps

Future Growth

How is StorageVault Canada forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

12.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SVAU.F's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if SVAU.F's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SVAU.F's revenue (12.5% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: SVAU.F's revenue (12.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SVAU.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has StorageVault Canada performed over the past 5 years?

-40.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SVAU.F is currently unprofitable.

Growing Profit Margin: SVAU.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SVAU.F is unprofitable, and losses have increased over the past 5 years at a rate of -40.4% per year.

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

Earnings vs Industry: SVAU.F is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-31.1%).


Return on Equity

High ROE: SVAU.F has a negative Return on Equity (-14.6%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is StorageVault Canada's financial position?


Financial Position Analysis

Short Term Liabilities: SVAU.F's short term assets (CA$24.5M) exceed its short term liabilities (CA$9.2M).

Long Term Liabilities: SVAU.F's short term assets (CA$24.5M) do not cover its long term liabilities (CA$1.1B).


Debt to Equity History and Analysis

Debt Level: SVAU.F's debt to equity ratio (418.7%) is considered high.

Reducing Debt: SVAU.F's debt to equity ratio has reduced from 669.4% to 418.7% over the past 5 years.


Balance Sheet

Inventory Level: SVAU.F has a high level of physical assets or inventory.

Debt Coverage by Assets: SVAU.F's debt is not covered by short term assets (assets are 0x debt).


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: Whilst unprofitable SVAU.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SVAU.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 55.3% per year.


Next Steps

Dividend

What is StorageVault Canada's current dividend yield, its reliability and sustainability?

0.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SVAU.F's dividend (0.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: SVAU.F's dividend (0.29%) is low compared to the top 25% of dividend payers in the US market (3.73%).


Stability and Growth of Payments

Stable Dividend: SVAU.F is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: SVAU.F is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: SVAU.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 SVAU.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?

4.8yrs

Average board tenure


CEO

Steven Scott (46yo)

4.8yrs

Tenure

CA$800,979

Compensation

Mr. Steven Robert Scott, CA, has been Chairman and Chief Executive Officer at StorageVault Canada Inc. since April 28, 2015. Mr. Scott has been the Chairman, President and Chief Executive Officer at The Ac ...


CEO Compensation Analysis

Compensation vs Market: Steven's total compensation ($USD606.17K) is below average for companies of similar size in the US market ($USD2.51M).

Compensation vs Earnings: Steven's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Steven Scott
Chairman & CEO4.8yrsCA$800.98k0.092% CA$923.8k
Iqbal Khan
CFO & Director4.8yrsCA$787.42k0.11% CA$1.1m
Alan Simpson
Independent Director12.8yrsCA$207.24k0.83% CA$8.3m
Robert Tamblyn
Independent Director4.8yrsCA$65.39k0.017% CA$170.4k
Jay Fleming
Independent Director1.8yrsCA$17.65kno data

4.8yrs

Average Tenure

Experienced Board: SVAU.F's board of directors are considered experienced (4.8 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 been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

StorageVault Canada Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: StorageVault Canada Inc.
  • Ticker: SVAU.F
  • Exchange: OTCPK
  • Founded: 2007
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: CA$1.328b
  • Listing Market Cap: CA$1.005b
  • Shares outstanding: 362.81m
  • Website: https://www.storagevaultcanada.com

Location

  • StorageVault Canada Inc.
  • 100 Canadian Road
  • Toronto
  • Ontario
  • M1R 4Z5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SVITSXV (TSX Venture Exchange)YesCommon SharesCACADNov 2007
SVAU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2007
0SVDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2007

Biography

StorageVault Canada Inc. engages in owning, managing, and renting self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company is also involved in the management of stores owned by third parties. As of April 5, 2019, it owned and operated a network of 161 storage locations, including 107 owned locations, as well as approximately 4,600 portable storage units in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. StorageVault Canada Inc. was founded in 2007 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 02:45
End of Day Share Price2020/01/21 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.