OTCPK:TURV

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Two Rivers Water & Farming

Executive Summary

Two Rivers Water & Farming Company owns a portfolio of water rights in the Arkansas River Basin in southeastern Colorado.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Two Rivers Water & Farming's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

5.9%

TURV

2.1%

US Real Estate

1.7%

US Market


1 Year Return

-79.3%

TURV

-18.1%

US Real Estate

8.5%

US Market

Return vs Industry: TURV underperformed the US Real Estate industry which returned -18.6% over the past year.

Return vs Market: TURV underperformed the US Market which returned 9.3% over the past year.


Shareholder returns

TURVIndustryMarket
7 Day5.9%2.1%1.7%
30 Day12.5%10.6%9.5%
90 Day176.9%-27.1%0.1%
1 Year-79.3%-79.3%-17.5%-18.1%11.0%8.5%
3 Year-74.3%-74.3%-17.9%-19.8%32.2%23.5%
5 Year-90.5%-90.5%-24.4%-26.7%58.6%40.8%

Price Volatility Vs. Market

How volatile is Two Rivers Water & Farming's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Two Rivers Water & Farming undervalued compared to its fair value and its price relative to the market?

17.41x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TURV is overvalued based on its PB Ratio (17.4x) compared to the US Real Estate industry average (1.1x).


Next Steps

Future Growth

How is Two Rivers Water & Farming forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.3%

Forecasted Real Estate 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 Two Rivers Water & Farming 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 TURV’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 Two Rivers Water & Farming's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has Two Rivers Water & Farming performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TURV is currently unprofitable.

Growing Profit Margin: TURV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TURV is unprofitable, but has reduced losses over the past 5 years at a rate of 11.5% per year.

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

Earnings vs Industry: TURV is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.4%).


Return on Equity

High ROE: TURV has a negative Return on Equity (-19.34%), as it is currently unprofitable.


Next Steps

Financial Health

How is Two Rivers Water & Farming's financial position?


Financial Position Analysis

Short Term Liabilities: TURV's short term assets ($481.0K) do not cover its short term liabilities ($21.6M).

Long Term Liabilities: TURV's short term assets ($481.0K) do not cover its long term liabilities ($868.0K).


Debt to Equity History and Analysis

Debt Level: TURV's debt to equity ratio (44.2%) is considered high.

Reducing Debt: TURV's debt to equity ratio has increased from 38.9% to 44.2% over the past 5 years.


Balance Sheet


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: TURV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TURV has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.6% each year.


Next Steps

Dividend

What is Two Rivers Water & Farming's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TURV'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 TURV'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?

0.8yrs

Average board tenure


CEO

Greg Harrington

0.75

Tenure

Mr. Greg Harrington serves as an Chief Executive Officer and Chief Financial Officer at Two Rivers Water & Farming Company and Director since September 10, 2019 and served as an Interim Chief Executive Off ...


Board Members

NamePositionTenureCompensationOwnership
Greg Harrington
CEO, CFO & Director0.75yrno datano data
Sandro Piancone
Executive Director0.83yrno datano data
Ramon Chimelis
Director0.17yrno datano data
Layne Downs
Independent Directorno dataUS$1.67k0.22% $22.5k
Gerald Anderton
Chairman of the Board0.92yrno datano data
Oscar Pereira
Director0.17yrno datano data

0.8yrs

Average Tenure

52yo

Average Age

Experienced Board: TURV's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 123.6%.


Top Shareholders

Company Information

Two Rivers Water & Farming Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Two Rivers Water & Farming Company
  • Ticker: TURV
  • Exchange: OTCPK
  • Founded: 2002
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: US$10.213m
  • Shares outstanding: 113.47m
  • Website: https://www.2riverswater.com

Number of Employees


Location

  • Two Rivers Water & Farming Company
  • 3025 South Parker Road
  • Suite 140
  • Aurora
  • Colorado
  • 80014
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TURVOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2007

Biography

Two Rivers Water & Farming Company owns a portfolio of water rights in the Arkansas River Basin in southeastern Colorado. It operates through Greenhouse and Water segments. As of December 31, 2018, the company managed a total of 6,265 acres of land. It also develops and leases greenhouses and warehouses. The company was formerly known as Two Rivers Water Company and changed its name to Two Rivers Water & Farming Company in December 2012. Two Rivers Water & Farming Company was founded in 2002 and is headquartered in Aurora, Colorado. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 03:17
End of Day Share Price2020/06/02 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.