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 Invictus Financial is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Invictus Financial 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
Invictus Financial. 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
Invictus Financial'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 Invictus Financial 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 IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Invictus Financial's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Invictus Financial's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Invictus Financial's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Invictus Financial is high growth as no earnings estimate data is available.
Unable to determine if Invictus Financial 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 Invictus Financial's filings and announcements here.
Invictus Financial'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.
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
Invictus Financial's finances.
The net worth of a company is the difference between its assets and liabilities.
Invictus Financial's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Invictus Financial has no long term commitments.
This treemap shows a more detailed breakdown of
Invictus Financial'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.
Low level of unsold assets.
Invictus Financial has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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. Marcus A. New, B.A., is Founder, Chief Executive Officer and Chief Entrepreneur of Investx Capital Ltd. Mr. New has been the Chief Executive Officer of Invictus Financial Inc. since May 1995 and serves as its Chief Financial Officer. He is the Founder of Invictus Financial Inc. Mr. New joined Invictus in 1999. He is Founder, Chairman and President of Stockhouse Publishing Ltd. (formerly Stockgroup Information Systems Inc.) and has been its Chief Executive Officer since May 1995. Mr. New is Founder of Stockgroup Media Inc. and served as its Chief Executive Officer and President. He served as the Chief Executive Officer of Great China Mining, Inc. He served as President of Stockgroup Media Ltd from 1995 to 2010. He formed the vision for Stockgroup, Predecessor company in 1995 and developed Stockgroup Information Systems Inc. (now Stockhouse, Inc.) from an idea to the goal of becoming a leader in information solutions for financial services companies and a leading provider of investor relations products for public companies on the Internet. Mr. New served as Vice President of AmCan Public Relations Group. He is an active participant in the entrepreneurial community, having served as the past President of the Vancouver Chapter and Canadian Conference Chair for the Entrepreneurs Organization. Mr. New served as an Executive Chairman of Invictus Financial Inc. since May 1995 and has been its Executive Director since May 1995. Mr. New serves as a Director of Iwave.com Inc. He has been a Director of Elevation Capital Corp. since December 13, 2012. Mr. New serves as Director of iaNett International Systems Ltd. Mr. New has been Independent Director at HIVE Blockchain Technologies Ltd since March 25, 2018. He holds a Bachelor of Arts degree in business from Trinity Western University.
Marcus's compensation has been consistent with company performance over the past year.
Marcus's remuneration is lower than average for companies of similar size in United States of America.
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Invictus Financial board of directors is about average.
Invictus Financial Inc. does not have significant operations. The company is seeking for new business opportunities. Previously, it was engaged in the provision of services related to the financial markets through the Internet or mobile devices. The company was formerly known as Stockhouse Inc. and changed its name to Invictus Financial Inc. in April 2010. Invictus Financial Inc. was founded in 1994 and is based in Vancouver, 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.