OTCPK:CGEI

Stock Analysis Report

Executive Summary

CGE Energy Inc. develops and operates long-term energy projects for commercial, municipal, nonprofit, and international customers.

Snowflake

Fundamentals

Solid track record and good value.

Risks

  • CGE Energy has significant price volatility in the past 3 months.
  • CGE Energy is not covered by any analysts.

Share Price & News

How has CGE Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-8.3%

OTCPK:CGEI

3.2%

US Renewable Energy

-1.0%

US Market


1 Year Return

243.8%

OTCPK:CGEI

11.4%

US Renewable Energy

-0.4%

US Market

CGEI outperformed the Renewable Energy industry which returned 11.5% over the past year.

CGEI outperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

CGEIIndustryMarket
7 Day-8.3%3.2%-1.0%
30 Day37.5%1.6%-3.3%
90 Day10.0%2.8%0.8%
1 Year243.8%243.8%15.2%11.4%1.9%-0.4%
3 Year167.0%167.0%45.2%24.8%39.4%30.4%
5 Yearn/a9.5%-15.2%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is CGE Energy undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

CGE Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).

CGE Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

CGE Energy is good value based on earnings compared to the US Renewable Energy industry average.

CGE Energy is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for CGE Energy, we can't assess if its growth is good value.


Price Based on Value of Assets

CGE Energy has negative assets, we can't compare the value of its assets to the US Renewable Energy industry average.


Next Steps

Future Growth

How is CGE Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.5%

Forecasted Renewable Energy 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 CGE Energy 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

  • Examine whether CGE Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • 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 CGE Energy's filings and announcements here.
  • Explore growth companies in the utilities industry.

Past Performance

How has CGE Energy performed over the past 5 years?

36.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

CGE Energy has delivered over 20% year on year earnings growth in the past 5 years.

CGE Energy's 1-year earnings growth exceeds its 5-year average (188.9% vs 36.8%)

CGE Energy's earnings growth has exceeded the North America Renewable Energy industry average in the past year (188.9% vs 33.9%).


Return on Equity

It is difficult to establish if CGE Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

CGE Energy used its assets more efficiently than the US Renewable Energy industry average last year based on Return on Assets.


Return on Capital Employed

CGE Energy has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is CGE Energy's financial position?


Financial Position Analysis

CGE Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

CGE Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

CGE Energy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if CGE Energy's debt level has increased considering it has negative shareholder equity.

Debt is well covered by operating cash flow (83.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 106.7x coverage).


Balance Sheet

High level of physical assets or inventory.

CGE Energy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is CGE Energy's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate CGE Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate CGE Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as CGE Energy has not reported any payouts.

Unable to verify if CGE Energy's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as CGE Energy has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of CGE Energy's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Bryan Zaplitny

11.6yrs

Tenure

Mr. Bryan Zaplitny has been the Chief Executive Officer and President of Clean Green Energy LLC (CGE) since 2008. Mr. Zaplitny serves as the Chief Executive Officer, President and Director of McKenzie Bay  ...


Management Age and Tenure

2.0yrs

Average Tenure

The tenure for the CGE Energy management team is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$5,49711 Feb 19
Bryan Zaplitny
EntityIndividual
Role
CEO, President & Director
Member of the Board of Directors
Shares10,111
Max PriceUS$0.89

Ownership Breakdown


Management Team

  • Gary Westerholm (74yo)

    Chairman of the Board & VP of Finance

  • Mark Cecil

    COO, Treasurer & Director

    • Tenure: 1.6yrs
  • Bryan Zaplitny

    CEO, President & Director

    • Tenure: 11.6yrs
  • Paul Schneider

    VP of Marketing

  • Harold Telners

    CFO & Director

    • Tenure: 2.0yrs

Board Members

  • Michael Pollakowski

    Director

  • Gary Westerholm (74yo)

    Chairman of the Board & VP of Finance

  • Mark Cecil

    COO, Treasurer & Director

  • Craig Hancock

    Director

  • Bryan Zaplitny

    CEO, President & Director

  • Kevin Cook

    Director

  • William Naubert

    Director

  • Harold Telners

    CFO & Director

    • Tenure: 1.7yrs
  • Paul Schneider

    VP of Marketing

Company Information

CGE Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CGE Energy Inc.
  • Ticker: CGEI
  • Exchange: OTCPK
  • Founded: 1989
  • Industry: renewable electricity
  • Sector: utilities
  • Market Cap: US$39.038m
  • Shares outstanding: 70.98m
  • Website: Click here

Number of Employees


Location

  • CGE Energy Inc.
  • 7627 Park Place
  • Brighton
  • Michigan
  • 48116
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CGEIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2015

Biography

CGE Energy Inc. develops and operates long-term energy projects for commercial, municipal, nonprofit, and international customers. The company distributes and installs LED lighting products and solar PVs;  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:45
End of Day Share Price2019/08/15 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.