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Affinor Growers

CNSX:AFI
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AFI
CNSX
€3M
Market Cap
  1. Home
  2. CA
  3. Capital Goods
Company description

Affinor Growers Inc., a farming technology company, engages in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technology for indoor controlled environment and outdoor greenhouse agriculture industry in North America. The last earnings update was 138 days ago. More info.


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AFI Share Price and Events
7 Day Returns
0%
CNSX:AFI
4%
CA Machinery
0.7%
CA Market
1 Year Returns
-80%
CNSX:AFI
-27%
CA Machinery
-0.5%
CA Market
AFI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Affinor Growers (AFI) 0% -20% -33.3% -80% -42.9% -
CA Machinery 4% 2.6% -12.8% -27% 2.1% 5%
CA Market 0.7% 2.1% 1.2% -0.5% 8% 0.7%
1 Year Return vs Industry and Market
  • AFI underperformed the Machinery industry which returned -27% over the past year.
  • AFI underperformed the Market in Canada which returned -0.5% over the past year.
Price Volatility
AFI
Industry
5yr Volatility vs Market

Value

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

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Affinor Growers. This is due to cash flow or dividend data being unavailable. The share price is CA$0.02.
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 Affinor Growers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Affinor Growers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:AFI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-02-28) in CAD CA$-0.03
DB:1AF Share Price ** DB (2019-09-13) in EUR €0.02
DB:1AF Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.469 CA$0.02
Canada Machinery Industry PE Ratio Median Figure of 9 Publicly-Listed Machinery Companies 17.62x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Affinor Growers.

CNSX:AFI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= DB:1AF Share Price ÷ EPS (both in CAD)

= 0.02 ÷ -0.03

-0.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Affinor Growers is loss making, we can't compare its value to the CA Machinery industry average.
  • Affinor Growers is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Affinor Growers's expected growth come at a high price?
Raw Data
CNSX:AFI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Machinery Industry PEG Ratio Median Figure of 5 Publicly-Listed Machinery Companies 1.68x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 0.93x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Affinor Growers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Affinor Growers's assets?
Raw Data
CNSX:AFI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-02-28) in CAD CA$0.02
DB:1AF Share Price * DB (2019-09-13) in EUR €0.02
DB:1AF Share Price converted to CAD reporting currency Exchange rate (EUR/ CAD) 1.469 CA$0.02
Canada Machinery Industry PB Ratio Median Figure of 26 Publicly-Listed Machinery Companies 2.16x
Canada Market PB Ratio Median Figure of 2,453 Publicly-Listed Companies 1.45x
CNSX:AFI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= DB:1AF Share Price ÷ Book Value per Share (both in CAD)

= 0.02 ÷ 0.02

1.25x

* Primary Listing of Affinor Growers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Affinor Growers is good value based on assets compared to the CA Machinery industry average.
X
Value checks
We assess Affinor Growers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Affinor Growers has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Affinor Growers 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 growth 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 it right!
Annual Growth Rate
30.4%
Expected Machinery industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Affinor Growers expected to grow at an attractive rate?
  • Unable to compare Affinor Growers's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Affinor Growers's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Affinor Growers's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:AFI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Machinery Industry Earnings Growth Rate Market Cap Weighted Average 30.4%
Canada Machinery Industry Revenue Growth Rate Market Cap Weighted Average 10.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.3%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:AFI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:AFI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-02-28 0 -4 -5
2018-11-30 -4 -5
2018-08-31 -4 -5
2018-05-31 -4 -5
2018-02-28 -1 -1
2017-11-30 0 -1 -1
2017-08-31 -1 -2
2017-05-31 -1 -2
2017-02-28 0 -1 -3
2016-11-30 0 0 -3
2016-08-31 0 -1 -2
2016-05-31 0 -1 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Affinor Growers is high growth as no earnings estimate data is available.
  • Unable to determine if Affinor Growers 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.
Raw Data
CNSX:AFI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Affinor Growers Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:AFI Past Financials Data
Date (Data in CAD Millions) EPS *
2019-02-28 -0.03
2018-11-30 -0.03
2018-08-31 -0.04
2018-05-31 -0.04
2018-02-28 -0.01
2017-11-30 0.00
2017-08-31 -0.01
2017-05-31 -0.01
2017-02-28 -0.03
2016-11-30 -0.03
2016-08-31 -0.02
2016-05-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Affinor Growers will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Affinor Growers's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Affinor Growers's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Affinor Growers's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Affinor Growers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Affinor Growers has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Affinor Growers performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Affinor Growers's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Affinor Growers does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Affinor Growers's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Affinor Growers's 1-year growth to the CA Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Affinor Growers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Affinor Growers Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:AFI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-02-28 0.00 -4.75 4.36
2018-11-30 -4.93 4.55
2018-08-31 -4.86 4.47
2018-05-31 -4.70 4.37
2018-02-28 -0.90 0.64
2017-11-30 -0.02 -0.56 0.51
2017-08-31 -1.59 1.50
2017-05-31 -1.72 1.60
2017-02-28 0.04 -2.86 1.68
2016-11-30 0.07 -3.02 1.66
2016-08-31 0.08 -2.43 1.14
2016-05-31 0.08 -2.62 1.33
2016-02-29 0.05 -3.02 1.71
2015-11-30 0.22 -3.66 2.22
2015-08-31 0.24 -4.42 2.94
2015-05-31 0.29 -5.36 3.78
2015-02-28 0.29 -11.46 10.75
2014-11-30 0.10 -10.77 10.21
2014-08-31 0.05 -9.49 8.99
2014-05-31 -8.12 7.79
2014-02-28 -0.25 0.23
2013-11-30 -0.19 0.14
2013-08-31 -0.20 0.13
2013-05-31 -0.23 0.13
2013-02-28 -0.28 0.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Affinor Growers has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Affinor Growers has efficiently used its assets last year compared to the CA Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Affinor Growers improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Affinor Growers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Affinor Growers 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Affinor Growers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Affinor Growers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Affinor Growers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Affinor Growers has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Affinor Growers'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Affinor Growers has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Affinor Growers Company Filings, last reported 6 months ago.

CNSX:AFI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-02-28 2.68 0.00 0.15
2018-11-30 2.85 0.00 0.18
2018-08-31 3.00 0.00 0.26
2018-05-31 3.24 0.00 0.63
2018-02-28 2.67 0.00 0.56
2017-11-30 2.47 0.00 0.30
2017-08-31 2.60 0.00 0.42
2017-05-31 2.74 0.00 0.52
2017-02-28 2.95 0.00 0.71
2016-11-30 2.86 0.00 0.52
2016-08-31 2.35 0.00 0.05
2016-05-31 1.31 0.00 0.02
2016-02-29 2.47 0.00 0.06
2015-11-30 2.64 0.00 0.15
2015-08-31 2.06 0.00 0.11
2015-05-31 2.11 0.00 0.15
2015-02-28 2.74 0.00 0.20
2014-11-30 3.08 0.00 0.68
2014-08-31 3.14 0.00 2.24
2014-05-31 1.91 0.00 1.94
2014-02-28 -0.06 0.00 0.00
2013-11-30 0.06 0.00 0.02
2013-08-31 0.12 0.00 0.08
2013-05-31 -0.15 0.19 0.03
2013-02-28 -0.09 0.16 0.03
  • Affinor Growers has no debt.
  • Affinor Growers currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • Affinor Growers has less than a year of cash runway based on current free cash flow.
  • Affinor Growers has less than a year of cash runway if free cash flow continues to grow at historical rates of 75.1% each year.
X
Financial health checks
We assess Affinor Growers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Affinor Growers has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Affinor Growers's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Affinor Growers dividends.
If you bought CA$2,000 of Affinor Growers shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Affinor Growers's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Affinor Growers's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:AFI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Machinery Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Affinor Growers has not reported any payouts.
  • Unable to verify if Affinor Growers's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Affinor Growers's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Affinor Growers 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.
X
Income/ dividend checks
We assess Affinor Growers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Affinor Growers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Affinor Growers has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

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.
CEO
Randy Minhas
TENURE AS CEO 1 years
CEO Bio

Mr. Randip S. Minhas, also known as Randy, CPA, CA, BBA, has been Chief Financial Officer of Affinor Growers Inc. since May 2018. Mr. Minhas serves as the Chief Financial Officer of Blackrock Gold Corp. since July 2019. He serves as President, CEO, & Director at Affinor Growers Inc since September 2018. Mr. Minhas has been Chief Financial Officer of Bullion Gold Resources Corp. since May 4, 2018. He served as Group Controller at Rye Patch Gold Corp. He serves as the President of Triumvirate Consulting Corp. Mr. Minhas currently serves as the Lead Independent Director of Clean Seed Capital Corp. He is the financial reporting specialist for Clean Seed Capital Group, Sienna Gold Inc and the SOX and financial reporting specialist for Golden Queen Mining Co., helping take it from an exploration stage company to a full gold and silver producing company. He specializes in financial reporting and compliance for public and private companies focusing on the mining, technology and production industries. Mr. Minhas served as the Chief Financial Officer of Blackrock Gold Corp. since April 14, 2016 until April 13, 2018. He has extensive knowledge of IFRS, Private Enterprise GAAP, Sarbanes-Oxley ("SOX") testing and documentation as well as extensive experience working with various securities commissions in Canada and the United States. Along with being the President of ICG Financial Services Inc. Mr. Minhas served as Director, Chief Financial Officer and Controller for several publicly traded companies since 2011 focusing on forecasting, business development, development of internal controls and complete financial reporting services. He served as Chief Financial Officer and Corporate Secretary of Golden Peak Minerals Inc. since September 21, 2015 until September 01, 2016 and Bullion Gold Resources Corp. since June 18, 2013 until September 01, 2016. Prior to joining Triumvirate, he served as a Manager at Smythe Ratcliffe LLP. He has been an Independent Director of Clean Seed Capital Group Ltd. since December 2016 and and Affinor Growers Inc. He served as a Director at Golden Peak Minerals Inc. since September 21, 2015 until September 01, 2016 and Bullion Gold Resources Corp. since April 30, 2015 until September 01, 2016. He served as a Director of Blackrock Gold Corp. from April 14, 2016 to August 29, 2016. Mr. Minhas holds a Bachelor of Business Administration from Simon Fraser University and completed his Chartered Accountant designation in 2008. He is enrolled in the Chartered Director program through The Directors College with completion expected in June 2017.

CEO Compensation
  • Insufficient data for Randy to compare compensation growth.
  • Insufficient data for Randy to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Affinor Growers management team in years:

5
Average Tenure
  • The average tenure for the Affinor Growers management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Randy Minhas

TITLE
President
TENURE
1 yrs

Gary Nassif

TITLE
Vice President of Exploration
TENURE
12 yrs

Bruce Bedrick

TITLE
Consultant
AGE
49
TENURE
5 yrs

Amanda Weber

TITLE
Corporate Consultant
Board of Directors Tenure

Average tenure of the Affinor Growers board of directors in years:

4
Average Tenure
  • The tenure for the Affinor Growers board of directors is about average.
Board of Directors

Brian Whitlock

TITLE
Chairman of the Board
COMPENSATION
CA$145K
TENURE
1 yrs

Randy Minhas

TITLE
President
TENURE
1 yrs

Alan Boyco

TITLE
Independent Director
COMPENSATION
CA$28K
TENURE
5.4 yrs

Thomas Baumann

TITLE
Member of Advisory Board
TENURE
5.3 yrs

Andrew Riseman

TITLE
Member of Advisory Board
TENURE
5.3 yrs

Rick Easthom

TITLE
Director
COMPENSATION
CA$37K
TENURE
3.3 yrs

Gibby Jacob

TITLE
Member of Advisory Board
TENURE
4.5 yrs

Gabriel Arcoleo

TITLE
Member of Advisory Board
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Affinor Growers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Affinor Growers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Affinor Growers Inc., a farming technology company, engages in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technology for indoor controlled environment and outdoor greenhouse agriculture industry in North America. It grows crops, such as romaine lettuce, spinach, and strawberries using its vertical farming technology. The company was formerly known as Affinor Resources Inc. and changed its name to Affinor Growers Inc. in May 2014 to reflect change in its focus from gold exploration to agricultural industry. Affinor Growers Inc. was incorporated in 1996 and is based in Langley, Canada.

Details
Name: Affinor Growers Inc.
AFI
Exchange: CNSX
Founded: 1996
€4,401,837
152,908,108
Website: http://www.affinorgrowers.com
Address: Affinor Growers Inc.
8661 201 Street,
Suite 200,
Langley,
British Columbia, V2Y 0G9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
DB 1AF Common Shares Deutsche Boerse AG DE EUR 28. May 1997
CNSX AFI Common Shares Canadian National Stock Exchange CA CAD 28. May 1997
Number of employees
Current staff
Staff numbers
0
Affinor Growers employees.
Industry
Agricultural and Farm Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 00:34
End of day share price update: 2019/09/13 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2019/02/28
Last annual earnings reported: 2018/05/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.