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Sharc International Systems

CNSX:SHRC
Snowflake Description

Weak fundamentals or lack of information.

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

Sharc International Systems Inc. provides wastewater heat exchange products and services in Canada and internationally. The last earnings update was 16 days ago. More info.


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SHRC Share Price and Events
7 Day Returns
-9.1%
CNSX:SHRC
4%
CA Machinery
0.7%
CA Market
1 Year Returns
-88.6%
CNSX:SHRC
-27%
CA Machinery
-0.5%
CA Market
SHRC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sharc International Systems (SHRC) -9.1% -58.3% -72.2% -88.6% -96.4% -
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
  • SHRC underperformed the Machinery industry which returned -27% over the past year.
  • SHRC underperformed the Market in Canada which returned -0.5% over the past year.
Price Volatility
SHRC
Industry
5yr Volatility vs Market

Value

 Is Sharc International Systems 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.

In this section, we usually try to help investors determine whether Sharc International Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sharc International Systems 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 Sharc International Systems. This is due to cash flow or dividend data being unavailable. The share price is CA$0.05.
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 Sharc International Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sharc International Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:SHRC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$-0.15
CNSX:SHRC Share Price ** CNSX (2019-09-11) in CAD CA$0.05
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 Sharc International Systems.

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

= CNSX:SHRC Share Price ÷ EPS (both in CAD)

= 0.05 ÷ -0.15

-0.32x

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

  • Sharc International Systems is loss making, we can't compare its value to the CA Machinery industry average.
  • Sharc International Systems is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Sharc International Systems's expected growth come at a high price?
Raw Data
CNSX:SHRC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.32x
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 Sharc International Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sharc International Systems's assets?
Raw Data
CNSX:SHRC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$-0.09
CNSX:SHRC Share Price * CNSX (2019-09-11) in CAD CA$0.05
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:SHRC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:SHRC Share Price ÷ Book Value per Share (both in CAD)

= 0.05 ÷ -0.09

-0.54x

* Primary Listing of Sharc International Systems.

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

  • Sharc International Systems has negative assets, we can't compare the value of its assets to the CA Machinery industry average.

Next steps:

  1. Take a look at our analysis of SHRC’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.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Sharc International Systems's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Machinery industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Sharc International Systems'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. Sharc International Systems has a total score of 0/6, 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 Sharc International Systems 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 Sharc International Systems 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 Sharc International Systems expected to grow at an attractive rate?
  • Unable to compare Sharc International Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sharc International Systems's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Sharc International Systems's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:SHRC 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:SHRC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:SHRC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 3 -4 -6
2019-03-31 2 -4 -6
2018-12-31 2 -4 -6
2018-09-30 1 -4 -5
2018-06-30 1 -4 -4
2018-03-31 1 -4 -4
2017-12-31 0 -4 -5
2017-09-30 0 -4 -5
2017-06-30 0 -3 -6
2017-03-31 1 -3 -4
2016-12-31 1 -2 -4
2016-09-30 1 -3 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sharc International Systems is high growth as no earnings estimate data is available.
  • Unable to determine if Sharc International Systems 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:SHRC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sharc International Systems Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:SHRC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 -0.15
2019-03-31 -0.16
2018-12-31 -0.17
2018-09-30 -0.14
2018-06-30 -0.14
2018-03-31 -0.14
2017-12-31 -0.16
2017-09-30 -0.20
2017-06-30 -0.21
2017-03-31 -0.17
2016-12-31 -0.19
2016-09-30 -0.14

*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 Sharc International Systems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of SHRC’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.
  2. Sharc International Systems'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. Sharc International Systems'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 Sharc International Systems'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.
Sharc International Systems 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 Sharc International Systems 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 Sharc International Systems'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.
  • Sharc International Systems does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sharc International Systems's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sharc International Systems's 1-year growth to the CA Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Sharc International Systems'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 Sharc International Systems Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:SHRC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 2.63 -6.00 4.20 0.14
2019-03-31 2.17 -6.05 3.91 0.20
2018-12-31 2.14 -5.90 3.93 0.22
2018-09-30 0.58 -4.60 4.37 -0.06
2018-06-30 0.52 -4.26 3.91 0.26
2018-03-31 0.69 -4.21 4.06 0.18
2017-12-31 0.27 -4.52 3.98 0.12
2017-09-30 0.39 -5.40 4.81 0.33
2017-06-30 0.28 -5.58 5.22 0.01
2017-03-31 0.99 -4.23 4.20 0.00
2016-12-31 1.02 -4.49 4.47
2016-09-30 1.27 -4.72 3.03 0.00
2016-06-30 2.61 -3.77 2.56 -0.05
2016-03-31 1.86 -4.33 2.93 -0.05
2015-12-31 1.84 -3.18 2.00 -0.05
2015-09-30 1.58 -0.67 1.20 -0.05
2015-06-30 0.47 -0.90 1.22
2015-03-31 0.30 -1.06 1.36
2014-12-31 0.30 -1.27 1.50
2013-12-31 -0.19 0.19

*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 Sharc International Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Sharc International Systems 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 Sharc International Systems 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 Sharc International Systems'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.
Sharc International Systems 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 Sharc International Systems'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 Sharc International Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sharc International Systems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Sharc International Systems's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sharc International Systems'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.
  • High level of physical assets or inventory.
  • Sharc International Systems has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Sharc International Systems Company Filings, last reported 2 months ago.

CNSX:SHRC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 -3.56 6.86 0.62
2019-03-31 -3.06 5.31 0.45
2018-12-31 -2.29 4.46 1.90
2018-09-30 -0.42 2.10 0.50
2018-06-30 0.55 1.99 1.85
2018-03-31 -1.75 2.24 0.17
2017-12-31 -1.23 1.93 0.53
2017-09-30 0.06 1.36 1.23
2017-06-30 0.93 1.26 2.03
2017-03-31 0.28 0.06 0.18
2016-12-31 0.32 0.27 0.37
2016-09-30 0.44 0.11 0.43
2016-06-30 -0.45 0.79 0.26
2016-03-31 -0.09 0.42 0.42
2015-12-31 0.62 0.14 0.37
2015-09-30 -1.83 2.87 0.32
2015-06-30 -2.10 2.76 0.34
2015-03-31 -1.52 2.12 0.26
2014-12-31 -1.52 2.12 0.26
2013-12-31 -0.30 0.24 0.00
  • Sharc International Systems has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Sharc International Systems's debt level has increased considering it has negative shareholder equity.
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.

  • Sharc International Systems has less than a year of cash runway based on current free cash flow.
  • Sharc International Systems has less than a year of cash runway if free cash flow continues to grow at historical rates of 45.5% each year.
X
Financial health checks
We assess Sharc International Systems'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. Sharc International Systems has a total score of 0/6, 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 Sharc International Systems'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 Sharc International Systems dividends.
If you bought CA$2,000 of Sharc International Systems 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 Sharc International Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sharc International Systems'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:SHRC 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 Sharc International Systems has not reported any payouts.
  • Unable to verify if Sharc International Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sharc International Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sharc International Systems 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 Sharc International Systems'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 Sharc International Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sharc International Systems 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 Sharc International Systems'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
Lynn Mueller
COMPENSATION CA$162,955
AGE 65
TENURE AS CEO 3.9 years
CEO Bio

Mr. Lynn Mueller has been the Chairman and Chief Executive Officer of Sharc International Systems (formerly, International Wastewater Systems Inc). since October 27, 2015 and serves as its President. Mr. Mueller is the co-founder and Chief Executive Officer of International Wastewater Heat Exchange Systems Inc. Mr. Mueller co-founded Earth Source Energy Inc., in 2001 and has been its President since January 2002. Mr. Mueller is the Founder of Pacific Geo Exchange Inc. and has been its President since March 1998. He serves as the Head of marketing division, Special Advisor to the board of Free Energy International Inc.(also known as Free Energy Solutions Inc.). He has been Secretary of Free Energy International Inc., since October 2004. He has served as President of WaterFurnace Canada and WaterFurnace International. Mr. Mueller served as Chief Technical Officer and Vice President of Free Energy International Inc. since October 2004. He served as President of Water Furnace Inc., from March 1993 to June 1995. He founded Icon Agencies Ltd., and served as its President since 1995. After his early years as a refrigeration journeyman, Mr. Mueller progressed into equipments sales where he worked as a Regional Sales manager and then as President for one of North America’s largest Geo Exchange heat pump manufacturers and distributors. Mr. Mueller has over 25 years of experience in geothermal heat pump sales. He has been a Director of Earth Source Energy Inc., since January 2002. He has been a Director of Icon Agencies Ltd., since 1995. He served as a Director of Fairfax Capital Inc., since March 15, 2005 and Water Furnace Inc., from March 1993 to June 1995. He served as a Director of Free Energy International Inc., since October 2004 to April 2009.

CEO Compensation
  • Lynn's compensation has increased whilst company is loss making.
  • Lynn's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Sharc International Systems management team in years:

2.5
Average Tenure
39
Average Age
  • The tenure for the Sharc International Systems management team is about average.
Management Team

Lynn Mueller

TITLE
Chairman
COMPENSATION
CA$163K
AGE
65
TENURE
3.9 yrs

Hanspaul Pannu

TITLE
Interim CFO & Corporate Secretary
COMPENSATION
CA$62K
AGE
30
TENURE
1.2 yrs

Russ Burton

TITLE
Chief Operating Officer
COMPENSATION
CA$178K
TENURE
3.7 yrs

Jas Sahota

TITLE
Senior Vice President of Finance
COMPENSATION
CA$185K
TENURE
0.8 yrs

Richard Mort

TITLE
UK FD & Group Head of Finance

John Williams

TITLE
TENURE
2.6 yrs

Yaron Conforti

TITLE
Consultant
COMPENSATION
CA$208K
AGE
39
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Sharc International Systems board of directors in years:

2.9
Average Tenure
65
Average Age
  • The average tenure for the Sharc International Systems board of directors is less than 3 years, this suggests a new board.
Board of Directors

Lynn Mueller

TITLE
Chairman
COMPENSATION
CA$163K
AGE
65
TENURE
3.9 yrs

Mark McCooey

TITLE
Director
AGE
64
TENURE
3.9 yrs

Daryle Anderson

TITLE
Nominee Director
COMPENSATION
CA$90K
TENURE
3.3 yrs

Bruno Thiemann

TITLE
Member of Advisory Board
TENURE
2.9 yrs

Dave Hatherton

TITLE
Member of Advisory Board
TENURE
2.9 yrs

Hadi Dowlatabadi

TITLE
Member of Advisory Board
TENURE
2.9 yrs

Pär Dalin

TITLE
Member of Advisory Board
TENURE
2.9 yrs

Alfred Ng

TITLE
Member of Advisory Board
AGE
67
TENURE
2.7 yrs

Qu Yuxiu

TITLE
Member of Advisory Board
TENURE
2.7 yrs

Steve Moddemeyer

TITLE
Member of Advisory Board
TENURE
2.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Sharc International Systems individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Jul 19 Buy Hanspaul Pannu Individual 11. Jul 19 11. Jul 19 10,000 CA$0.16 CA$1,550
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Management checks
We assess Sharc International Systems'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. Sharc International Systems 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

Does Sharc International Systems Inc.'s (CNSX:SHRC) CEO Pay Compare Well With Peers?

Lynn Mueller has been the CEO of Sharc International Systems Inc. … Check out our latest analysis for Sharc International Systems How Does Lynn Mueller's Compensation Compare With Similar Sized Companies? … You can see, below, how CEO compensation at Sharc International Systems has changed over time.

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What Kind Of Shareholders Own Sharc International Systems Inc (CNSX:SHRC)?

A look at the shareholders of Sharc International Systems Inc (CNSX:SHRC) can tell us which group is most powerful. … Sharc International Systems is a smaller company with a market capitalization of CA$13m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Sharc International Systems

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Does Sharc International Systems Inc (CNSX:SHRC) Fall With The Market?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

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Company Info

Description

Sharc International Systems Inc. provides wastewater heat exchange products and services in Canada and internationally. The company offers SHARC wastewater heat recovery systems for space heating and cooling; and Piranha wastewater heat recovery systems for water heating. Its systems recycle and generate thermal energy from waste water for commercial, residential, and industrial buildings, as well as public buildings. The company was formerly known as International Wastewater Systems Inc. and changed its name to Sharc International Systems Inc. in September 2017. Sharc International Systems Inc. is based in Port Coquitlam, Canada.

Details
Name: Sharc International Systems Inc.
SHRC
Exchange: CNSX
Founded:
CA$1,936,008
38,720,176
Website: http://www.sharcenergy.com
Address: Sharc International Systems Inc.
1443 Spitfire Place,
Port Coquitlam,
British Columbia, V3C 6L4,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX SHRC New Common Shares Canadian National Stock Exchange CA CAD 03. Nov 2015
DB IWIA New Common Shares Deutsche Boerse AG DE EUR 03. Nov 2015
Number of employees
Current staff
Staff numbers
0
Sharc International Systems employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 00:38
End of day share price update: 2019/09/11 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.