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Cielo Waste Solutions

CNSX:CMC
Snowflake Description

Slightly overvalued with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CMC
CNSX
CA$23M
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Cielo Waste Solutions Corp. engages in refining municipal and construction waste into a renewable diesel fuel in Canada. The last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Cielo Waste Solutions has significant price volatility in the past 3 months.
CMC Share Price and Events
7 Day Returns
0%
CNSX:CMC
1.1%
CA Commercial Services
1.2%
CA Market
1 Year Returns
-50%
CNSX:CMC
-14.7%
CA Commercial Services
-0.2%
CA Market
CMC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cielo Waste Solutions (CMC) 0% 4.3% 20% -50% 500% -
CA Commercial Services 1.1% 2.1% 1.6% -14.7% -2.3% -39.1%
CA Market 1.2% 4.2% 1.5% -0.2% 8.4% 1.8%
1 Year Return vs Industry and Market
  • CMC underperformed the Commercial Services industry which returned -14.7% over the past year.
  • CMC underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
CMC
Industry
5yr Volatility vs Market

Value

 Is Cielo Waste Solutions 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
Here we compare the current share price of Cielo Waste Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cielo Waste Solutions.

CNSX:CMC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CNSX:CMC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.66 (1 + (1- 26.5%) (19.02%))
0.834
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (0.834 * 5.96%)
6.92%

Discounted Cash Flow Calculation for CNSX:CMC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cielo Waste Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

CNSX:CMC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 6.92%)
2020 1.78 Est @ 8.83% 1.67
2021 1.90 Est @ 6.76% 1.67
2022 2.01 Est @ 5.32% 1.64
2023 2.09 Est @ 4.31% 1.60
2024 2.17 Est @ 3.6% 1.55
2025 2.23 Est @ 3.1% 1.50
2026 2.30 Est @ 2.76% 1.44
2027 2.35 Est @ 2.51% 1.38
2028 2.41 Est @ 2.34% 1.32
2029 2.46 Est @ 2.22% 1.26
Present value of next 10 years cash flows CA$15.00
CNSX:CMC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$2.46 × (1 + 1.95%) ÷ (6.92% – 1.95%)
CA$50.50
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$50.50 ÷ (1 + 6.92%)10
CA$25.87
CNSX:CMC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$15.00 + CA$25.87
CA$40.87
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$40.87 / 193.76
CA$0.21
CNSX:CMC Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.21
Current discount Discount to share price of CA$0.12
= -1 x (CA$0.12 - CA$0.21) / CA$0.21
43.1%

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

Current Discount
Amount off the current price Cielo Waste Solutions is available for.
Intrinsic value
43%
Share price is CA$0.12 vs Future cash flow value of CA$0.21093
Current Discount Checks
For Cielo Waste Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cielo Waste Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cielo Waste Solutions's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Cielo Waste Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cielo Waste Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CMC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in CAD CA$-0.02
CNSX:CMC Share Price ** CNSX (2019-09-13) in CAD CA$0.12
Canada Commercial Services Industry PE Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 11.55x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 14.15x

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

** Primary Listing of Cielo Waste Solutions.

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

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

= 0.12 ÷ -0.02

-6.94x

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

  • Cielo Waste Solutions is loss making, we can't compare its value to the CA Commercial Services industry average.
  • Cielo Waste Solutions is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Cielo Waste Solutions's expected growth come at a high price?
Raw Data
CNSX:CMC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Commercial Services Industry PEG Ratio Median Figure of 36 Publicly-Listed Commercial Services Companies 1.72x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.98x

*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 Cielo Waste Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cielo Waste Solutions's assets?
Raw Data
CNSX:CMC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in CAD CA$0.02
CNSX:CMC Share Price * CNSX (2019-09-13) in CAD CA$0.12
Canada Commercial Services Industry PB Ratio Median Figure of 20 Publicly-Listed Commercial Services Companies 0.98x
Canada Market PB Ratio Median Figure of 2,452 Publicly-Listed Companies 1.44x
CNSX:CMC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.12 ÷ 0.02

7.03x

* Primary Listing of Cielo Waste Solutions.

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

  • Cielo Waste Solutions is overvalued based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess Cielo Waste Solutions'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 Commercial Services 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 Commercial Services industry average (and greater than 0)? (1 check)
  5. Cielo Waste Solutions has a total score of 2/6, 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 Cielo Waste Solutions 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 Cielo Waste Solutions 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
59.2%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cielo Waste Solutions expected to grow at an attractive rate?
  • Unable to compare Cielo Waste Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cielo Waste Solutions's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Cielo Waste Solutions's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CMC Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 59.2%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 11.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*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:CMC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:CMC Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-04-30 0 2 -3
2019-01-31 0 -3
2018-10-31 1 -7
2018-07-31 -1 -7
2018-04-30 -1 -6
2018-01-31 0 -6
2017-10-31 -1 -1
2017-07-31 0 -1
2017-04-30 0 0
2017-01-31 -1 0
2016-10-31 0 0
2016-07-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cielo Waste Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if Cielo Waste Solutions 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:CMC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cielo Waste Solutions Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CMC Past Financials Data
Date (Data in CAD Millions) EPS *
2019-04-30 -0.02
2019-01-31 -0.02
2018-10-31 -0.05
2018-07-31 -0.05
2018-04-30 -0.05
2018-01-31 -0.06
2017-10-31 -0.01
2017-07-31 -0.01
2017-04-30 -0.01
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00

*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 Cielo Waste Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CMC’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. Cielo Waste Solutions'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 Commercial Services companies here
  3. Cielo Waste Solutions'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 Cielo Waste Solutions'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.
Cielo Waste Solutions 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 Cielo Waste Solutions 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 Cielo Waste Solutions's growth in the last year to its industry (Commercial Services).
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.
  • Cielo Waste Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Cielo Waste Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cielo Waste Solutions's 1-year growth to the CA Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Cielo Waste Solutions'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 Cielo Waste Solutions Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CMC Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 0.00 -2.77 1.69 0.48
2019-01-31 -2.77 1.62 0.58
2018-10-31 -6.90 2.77
2018-07-31 -6.89 2.68
2018-04-30 -6.43 2.31
2018-01-31 -6.36 2.50
2017-10-31 -1.41 0.96
2017-07-31 -0.63 0.49
2017-04-30 -0.50 0.54
2017-01-31 0.16 0.12
2016-10-31 0.12 0.19
2016-07-31 -0.16 0.47
2016-04-30 -0.19 0.51
2016-01-31 -6.14 0.84
2015-10-31 -6.24 0.94
2015-07-31 -6.28 0.98
2015-04-30 -6.46 1.16
2015-01-31 -1.24 1.20
2014-10-31 -1.37 1.34
2014-07-31 -1.33 1.30
2014-04-30 -1.09 1.06
2014-01-31 -0.80 0.78
2013-10-31 -0.68 0.48
2013-07-31 -0.27 0.22
2013-04-30 -0.46 0.19
2013-01-31 -0.58 0.40
2012-10-31 -0.67 0.69

*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 Cielo Waste Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cielo Waste Solutions has efficiently used its assets last year compared to the CA Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cielo Waste Solutions 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 Cielo Waste Solutions'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 Commercial Services 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.
Cielo Waste Solutions 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 Cielo Waste Solutions'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 Cielo Waste Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cielo Waste Solutions's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cielo Waste Solutions's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cielo Waste Solutions'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.
  • Debt is not covered by short term assets, assets are 0.2x debt.
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 Cielo Waste Solutions Company Filings, last reported 4 months ago.

CNSX:CMC Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 3.00 4.42 0.35
2019-01-31 2.87 4.40 0.03
2018-10-31 1.79 4.97 0.32
2018-07-31 1.54 4.45 0.11
2018-04-30 0.36 4.45 0.56
2018-01-31 0.61 3.51 0.53
2017-10-31 0.07 3.41 0.31
2017-07-31 -0.73 3.48 0.05
2017-04-30 -1.47 4.27 0.11
2017-01-31 -1.56 2.22 0.04
2016-10-31 -1.80 2.19 0.05
2016-07-31 -1.81 1.39 0.01
2016-04-30 -1.73 1.36 0.01
2016-01-31 4.00 1.21 0.00
2015-10-31 1.99 2.98 0.01
2015-07-31 2.31 2.97 0.03
2015-04-30 -3.33 2.87 0.03
2015-01-31 3.69 1.43 0.00
2014-10-31 3.89 1.40 0.01
2014-07-31 4.18 1.15 0.04
2014-04-30 -0.26 0.91 0.01
2014-01-31 0.14 0.50 0.00
2013-10-31 0.23 0.13 0.00
2013-07-31 -0.08 0.13 0.00
2013-04-30 0.01 0.00 0.03
2013-01-31 0.06 0.00 0.06
2012-10-31 0.28 0.03 0.35
  • Cielo Waste Solutions's level of debt (147.5%) compared to net worth is high (greater than 40%).
  • Cielo Waste Solutions had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • Cielo Waste Solutions has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Cielo Waste Solutions has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Cielo Waste Solutions'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. Cielo Waste Solutions has a total score of 1/6, 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 Cielo Waste Solutions'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 Cielo Waste Solutions dividends.
If you bought CA$2,000 of Cielo Waste Solutions 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 Cielo Waste Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cielo Waste Solutions'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:CMC 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
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 45 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
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 Cielo Waste Solutions has not reported any payouts.
  • Unable to verify if Cielo Waste Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cielo Waste Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cielo Waste Solutions 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 Cielo Waste Solutions'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 Cielo Waste Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cielo Waste Solutions 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 Cielo Waste Solutions'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
Don Allan
COMPENSATION CA$158,508
AGE 59
TENURE AS CEO 6.5 years
CEO Bio

Mr. Donald Allan, also known as Don, has been the Chief Executive Officer and President at Cielo Waste Solutions Corp. since March 1, 2013. Mr. Allan serves as the Chairman, Chief Executive Officer and President of Blue Horizon Industries Inc. He serves as the Acting Chief Executive Officer of Blue Horizon Energy, Inc., a subsidiary of (Blue Horizon Industires Inc) and has been its President and Secretary since September 28, 2007. He serves as the President and Chief Executive Officer of Blue Horizon Mining Inc. Mr. Allan was the founder of Blue Horizon Ethanol Inc. and Blue Horizon Bio Diesel Inc. and has been its President since May 23, 2007 and April 2, 2008 respectively. He has nearly 25 years experience in upper management roles. Mr. Allan has a diverse range of Canadian and international financial, management and marketing experience. Prior to Blue Horizon Energy, he served as the President of PRO Inc. from November 2004 to October 2007. He has been the Chairman of Cielo Waste Solutions Corp. since June 12, 2013 and March 1, 2013 respectively. Mr. Allan holds a Technical Degree in Plumbing & Gasfitting from NAIT in 1981.

CEO Compensation
  • Insufficient data for Don to compare compensation growth.
  • Don's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Cielo Waste Solutions management team in years:

2.6
Average Tenure
  • The tenure for the Cielo Waste Solutions management team is about average.
Management Team

Don Allan

TITLE
President
COMPENSATION
CA$159K
AGE
59
TENURE
6.5 yrs

Shannon Wyzykoski

TITLE
Chief Financial Officer
COMPENSATION
CA$78K
TENURE
2.9 yrs

Stuart McCormick

TITLE
Vice President of Compliance & Regulatory Affairs
TENURE
2.3 yrs

Ivan Buzbuzian

TITLE
Vice President of Marketing

Michael Yeung

TITLE
Vice President of Business Development & Capital Markets
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure of the Cielo Waste Solutions board of directors in years:

6.3
Average Tenure
  • The tenure for the Cielo Waste Solutions board of directors is about average.
Board of Directors

Don Allan

TITLE
President
COMPENSATION
CA$159K
AGE
59
TENURE
6.3 yrs

Doug MacKenzie

TITLE
Director
TENURE
6.3 yrs

Christopher Ray

TITLE
Director
AGE
54
TENURE
6.3 yrs

Chris Dovbniak

TITLE
Director
TENURE
4.8 yrs

Mel Angeltvedt

TITLE
Director
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Cielo Waste Solutions individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
19. Jul 19 Buy Sscr Corporate Solutions Ltd. Company 16. Jul 19 16. Jul 19 90,000 CA$0.10 CA$9,000
19. Jul 19 Buy Donald Allan Individual 16. Jul 19 16. Jul 19 1,200,000 CA$0.10 CA$120,000
05. Jun 19 Buy Melvin Angeltvedt Individual 31. May 19 31. May 19 174,000 CA$0.10 CA$17,400
10. May 19 Buy Melvin Angeltvedt Individual 06. May 19 06. May 19 330,000 CA$0.10 CA$33,000
21. Dec 18 Buy Douglas Allan Individual 17. Dec 18 17. Dec 18 2,000,000 CA$0.13 CA$260,000
05. Dec 18 Buy Douglas Allan Individual 30. Nov 18 30. Nov 18 2,529,167 CA$0.20 CA$505,834
05. Dec 18 Buy Donald Allan Individual 30. Nov 18 30. Nov 18 500,000 CA$0.20 CA$100,000
X
Management checks
We assess Cielo Waste Solutions'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. Cielo Waste Solutions 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

Introducing Cielo Waste Solutions (CNSX:CMC), The Stock That Slid 52% In The Last Year

With zero revenue generated over twelve months, we don't think that Cielo Waste Solutions has proved its business plan yet. … Investors will be hoping that Cielo Waste Solutions can make progress and gain better traction for the business, before it runs low on cash. … It certainly is a dangerous place to invest, as Cielo Waste Solutions investors might realise.

Simply Wall St -

How Much Of Cielo Waste Solutions Corp (CNSX:CMC) Do Insiders Own?

A look at the shareholders of Cielo Waste Solutions Corp (CNSX:CMC) can tell us which group is most powerful. … Cielo Waste Solutions is not a large company by global standards. … See our latest analysis for Cielo Waste Solutions

Simply Wall St -

Is Cielo Waste Solutions Corp's (CNSX:CMC) Balance Sheet A Threat To Its Future?

While small-cap stocks, such as Cielo Waste Solutions Corp (CNSX:CMC) with its market cap of CA$26.64m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Company Info

Description

Cielo Waste Solutions Corp. engages in refining municipal and construction waste into a renewable diesel fuel in Canada. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is headquartered in Red Deer, Canada.

Details
Name: Cielo Waste Solutions Corp.
CMC
Exchange: CNSX
Founded: 2011
CA$23,250,705
193,755,881
Website: http://www.cielows.com
Address: Cielo Waste Solutions Corp.
Bridgeview Place II,
Suite 115,
Red Deer,
Alberta, T4N 2L8,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CMC Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
OTCPK CEIW.F Common Shares Pink Sheets LLC US USD 23. Oct 2015
DB C36 Common Shares Deutsche Boerse AG DE EUR 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
Cielo Waste Solutions employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/15 01:07
End of day share price update: 2019/09/13 00:00
Last earnings filing: 2019/08/28
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/04/30


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.