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Ceres Global Ag

TSX:CRP
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CRP
TSX
CA$131M
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics services worldwide. The last earnings update was 56 days ago. More info.


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CRP Share Price and Events
7 Day Returns
-0.9%
TSX:CRP
1.6%
CA Commercial Services
1.1%
CA Market
1 Year Returns
2.7%
TSX:CRP
-6.3%
CA Commercial Services
6.6%
CA Market
CRP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ceres Global Ag (CRP) -0.9% -5.1% -1.4% 2.7% -18.7% -27.1%
CA Commercial Services 1.6% 5.5% 0.9% -6.3% 3.2% -27.7%
CA Market 1.1% 2.5% 2.8% 6.6% 8.7% 8.7%
1 Year Return vs Industry and Market
  • CRP outperformed the Commercial Services industry which returned -6.3% over the past year.
  • CRP underperformed the Market in Canada which returned 6.6% over the past year.
Price Volatility
CRP
Industry
5yr Volatility vs Market

CRP Value

 Is Ceres Global Ag 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 Ceres Global Ag. This is due to cash flow or dividend data being unavailable. The share price is CA$4.26.
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 Ceres Global Ag's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ceres Global Ag's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:CRP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $-0.60
TSX:CRP Share Price ** TSX (2019-11-11) in CAD CA$4.26
TSX:CRP Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $3.22
Canada Commercial Services Industry PE Ratio Median Figure of 9 Publicly-Listed Commercial Services Companies 12.92x
Canada Market PE Ratio Median Figure of 515 Publicly-Listed Companies 14.64x

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

** Primary Listing of Ceres Global Ag.

TSX:CRP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:CRP Share Price ÷ EPS (both in USD)

= 3.22 ÷ -0.60

-5.33x

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

  • Ceres Global Ag is loss making, we can't compare its value to the CA Commercial Services industry average.
  • Ceres Global Ag is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ceres Global Ag's expected growth come at a high price?
Raw Data
TSX:CRP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.33x
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 37 Publicly-Listed Commercial Services Companies 1.39x
Canada Market PEG Ratio Median Figure of 232 Publicly-Listed Companies 1.05x

*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 Ceres Global Ag, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ceres Global Ag's assets?
Raw Data
TSX:CRP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $4.68
TSX:CRP Share Price * TSX (2019-11-11) in CAD CA$4.26
TSX:CRP Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $3.22
Canada Commercial Services Industry PB Ratio Median Figure of 21 Publicly-Listed Commercial Services Companies 0.85x
Canada Market PB Ratio Median Figure of 2,291 Publicly-Listed Companies 1.27x
TSX:CRP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:CRP Share Price ÷ Book Value per Share (both in USD)

= 3.22 ÷ 4.68

0.69x

* Primary Listing of Ceres Global Ag.

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

  • Ceres Global Ag is good value based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess Ceres Global Ag'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. Ceres Global Ag 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.

CRP Future Performance

 How is Ceres Global Ag 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 Ceres Global Ag 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
59.7%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ceres Global Ag expected to grow at an attractive rate?
  • Unable to compare Ceres Global Ag's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ceres Global Ag's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ceres Global Ag's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSX:CRP Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 59.7%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 10%
Canada Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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
TSX:CRP 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 USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:CRP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 438 -24 -17
2019-03-31 396 -27 -13
2018-12-31 404 -24 -14
2018-09-30 371 -14 -8
2018-06-30 411 44 -1
2018-03-31 430 44 -6
2017-12-31 461 30 -13
2017-09-30 503 23 -13
2017-06-30 528 15 -14
2017-03-31 503 20 -10
2016-12-31 462 48 -1
2016-09-30 392 15 -11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ceres Global Ag is high growth as no earnings estimate data is available.
  • Unable to determine if Ceres Global Ag 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
TSX:CRP 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 Ceres Global Ag Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CRP Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 -0.60
2019-03-31 -0.47
2018-12-31 -0.49
2018-09-30 -0.30
2018-06-30 -0.02
2018-03-31 -0.23
2017-12-31 -0.46
2017-09-30 -0.47
2017-06-30 -0.50
2017-03-31 -0.37
2016-12-31 -0.04
2016-09-30 -0.41

*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 Ceres Global Ag will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of CRP’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. Ceres Global Ag'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. Ceres Global Ag'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 Ceres Global Ag'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.
Ceres Global Ag 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.

CRP Past Performance

  How has Ceres Global Ag 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 Ceres Global Ag'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.
  • Ceres Global Ag does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ceres Global Ag's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ceres Global Ag's 1-year growth to the CA Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Ceres Global Ag'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 Ceres Global Ag Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:CRP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 438.40 -16.87 12.93
2019-03-31 396.46 -13.09 12.76
2018-12-31 403.98 -13.65 13.34
2018-09-30 370.73 -8.26 13.05
2018-06-30 411.12 -0.56 11.82
2018-03-31 430.49 -6.42 11.49
2017-12-31 460.92 -12.73 10.57
2017-09-30 503.19 -13.10 9.54
2017-06-30 528.48 -13.65 9.47
2017-03-31 503.25 -10.07 9.14
2016-12-31 462.01 -1.13 8.63
2016-09-30 391.58 -11.06 8.57
2016-06-30 308.61 -9.65 8.04
2015-12-31 209.97 -13.35 7.22
2015-09-30 208.09 -2.09 7.04
2015-06-30 160.82 -0.79 7.70
2015-03-31 152.24 -1.09 8.36
2014-12-31 148.29 2.15 4.01
2014-09-30 140.30 -1.73 3.56
2014-06-30 200.73 -14.57 11.82
2014-03-31 210.60 -17.47 10.94
2013-12-31 244.11 -17.75 17.64
2013-09-30 281.02 -23.18 19.35
2013-06-30 237.08 -12.62 10.43
2013-03-31 219.32 -11.29 10.32
2012-12-31 200.43 -12.74 9.96

*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 Ceres Global Ag has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ceres Global Ag 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 Ceres Global Ag 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 Ceres Global Ag'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.
Ceres Global Ag 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.

CRP Health

 How is Ceres Global Ag'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 Ceres Global Ag's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ceres Global Ag is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ceres Global Ag's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ceres Global Ag'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 covered by short term assets, assets are 1.9x 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 Ceres Global Ag Company Filings, last reported 4 months ago.

TSX:CRP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 130.76 53.30 2.66
2019-03-31 131.58 66.26 3.18
2018-12-31 131.63 60.55 1.92
2018-09-30 140.87 68.67 4.52
2018-06-30 147.50 20.57 3.65
2018-03-31 147.12 41.47 4.81
2017-12-31 150.76 40.43 7.20
2017-09-30 151.09 57.45 4.53
2017-06-30 148.76 70.90 3.78
2017-03-31 150.96 79.47 4.15
2016-12-31 158.37 60.35 4.33
2016-09-30 155.06 76.82 3.71
2016-06-30 157.60 77.65 4.11
2015-12-31 155.05 87.05 6.08
2015-09-30 167.56 110.17 50.12
2015-06-30 171.33 52.43 3.57
2015-03-31 172.83 53.51 12.21
2014-12-31 184.88 125.77 82.39
2014-09-30 120.78 89.54 17.12
2014-06-30 120.07 59.57 26.37
2014-03-31 121.52 79.48 14.34
2013-12-31 121.74 73.05 10.16
2013-09-30 124.46 86.84 18.79
2013-06-30 135.53 85.44 24.34
2013-03-31 142.44 141.04 28.75
2012-12-31 142.27 178.73 29.86
  • Ceres Global Ag's level of debt (40.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (49.9% vs 40.8% today).
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.

  • Ceres Global Ag has less than a year of cash runway based on current free cash flow.
  • Ceres Global Ag has less than a year of cash runway if free cash flow continues to grow at historical rates of 33.5% each year.
X
Financial health checks
We assess Ceres Global Ag'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. Ceres Global Ag has a total score of 3/6, 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.

CRP Dividends

 What is Ceres Global Ag'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 Ceres Global Ag dividends.
If you bought CA$2,000 of Ceres Global Ag 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 Ceres Global Ag's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ceres Global Ag'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
TSX:CRP 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 43 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 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 5.7%

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 Ceres Global Ag has not reported any payouts.
  • Unable to verify if Ceres Global Ag's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ceres Global Ag's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ceres Global Ag 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 Ceres Global Ag'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 Ceres Global Ag afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ceres Global Ag 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.

CRP Management

 What is the CEO of Ceres Global Ag'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
Robert Day
COMPENSATION $491,225
TENURE AS CEO 3.4 years
CEO Bio

Mr. Robert W. Day has been Chief Executive Officer and President of Ceres Global Ag Corp. since September 22, 2016 and June 1, 2016 respectively. He served as an Interim Chief Executive Officer at Ceres Global Ag Corp. from June 1, 2016 to September 22, 2016. Mr. Day has been Director of Canterra Seeds Holdings Ltd. since 2018. He joined Ceres on February 24th, 2015 as Vice President of Trading and Risk Management. Mr. Day served as Vice President of Trading and Risk Management at Ceres Global from March 1, 2015 to June 1, 2016. Mr. Day's experience stretches back over 20 years, with extensive international experience working with Cargill Inc. in grain and oilseed operations throughout Asia and in Mexico. Mr. Day has been Director of Ceres Global Ag Corp since November 10, 2016. Most recently, he was with ED&F Man Ltd., working in risk management and providing working capital financing opportunities for the sugar and grain industries in Mexico. He holds holds an MBA from St. Thomas University in St. Paul, MN and a B.A. in International Relations from the University of Minnesota.

CEO Compensation
  • Robert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Robert's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Ceres Global Ag management team in years:

2.1
Average Tenure
  • The tenure for the Ceres Global Ag management team is about average.
Management Team

Robert Day

TITLE
CEO, President & Director
COMPENSATION
$491K
TENURE
3.4 yrs

Kyle Egbert

TITLE
VP & CFO
COMPENSATION
$356K
TENURE
2.1 yrs

Glen Goldman

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$211K
TENURE
1.5 yrs

Mark Kucala

TITLE
Treasury
TENURE
2.1 yrs

Sarah Blomquist

TITLE
VP of Human Resources & Corporate Administration
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure of the Ceres Global Ag board of directors in years:

6
Average Tenure
  • The tenure for the Ceres Global Ag board of directors is about average.
Board of Directors

Doug Speers

TITLE
Independent Chairman of the Board
COMPENSATION
$106K
TENURE
5.4 yrs

Robert Day

TITLE
CEO, President & Director
COMPENSATION
$491K
TENURE
3 yrs

Gary Mize

TITLE
Independent Director
COMPENSATION
$110K
AGE
68
TENURE
6.2 yrs

Harvey Joel

TITLE
Independent Director
COMPENSATION
$101K
TENURE
6.2 yrs

Jim Vanasek

TITLE
Director
COMPENSATION
$1
TENURE
6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ceres Global Ag individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
09. Oct 19 Buy VN Capital Management, LLC Company 30. Sep 19 30. Sep 19 2,757,487 CA$4.53 CA$12,491,417
09. Oct 19 Buy VN Capital Management, LLC Company 27. Sep 19 27. Sep 19 410,924 CA$4.15 CA$1,705,335
03. Oct 19 Buy Sarah Blomquist Individual 30. Sep 19 30. Sep 19 2,000 CA$4.53 CA$9,060
03. Oct 19 Buy Gary Mize Individual 30. Sep 19 30. Sep 19 11,037 CA$4.53 CA$49,998
03. Oct 19 Buy Douglas Speers Individual 30. Sep 19 30. Sep 19 22,075 CA$4.53 CA$100,000
26. Sep 19 Buy Gary Mize Individual 25. Sep 19 26. Sep 19 6,245 CA$3.98 CA$24,724
25. Sep 19 Buy Gary Mize Individual 24. Sep 19 24. Sep 19 1,000 CA$3.90 CA$3,900
24. Sep 19 Buy Glen Goldman Individual 24. Sep 19 24. Sep 19 500 CA$3.92 CA$1,961
23. Sep 19 Buy Glen Goldman Individual 20. Sep 19 20. Sep 19 550 CA$4.18 CA$2,298
23. Sep 19 Buy Gary Mize Individual 20. Sep 19 23. Sep 19 5,500 CA$4.50 CA$21,680
31. Jul 19 Buy VN Capital Management, LLC Company 30. Jul 19 30. Jul 19 9,500 CA$4.78 CA$45,410
10. Jul 19 Buy VN Capital Management, LLC Company 09. Jul 19 09. Jul 19 15,800 CA$4.06 CA$64,192
13. Dec 18 Buy VN Capital Management, LLC Company 13. Dec 18 13. Dec 18 15,000 CA$4.42 CA$66,339
12. Dec 18 Buy VN Capital Management, LLC Company 03. Dec 18 12. Dec 18 30,800 CA$4.34 CA$128,078
X
Management checks
We assess Ceres Global Ag'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. Ceres Global Ag 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.

CRP News

Simply Wall St News

How Should Investors Feel About Ceres Global Ag Corp.'s (TSE:CRP) CEO Pay?

Robert Day became the CEO of Ceres Global Ag Corp. … See our latest analysis for Ceres Global Ag How Does Robert Day's Compensation Compare With Similar Sized Companies? … We compared total CEO remuneration at Ceres Global Ag Corp.

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Those Who Purchased Ceres Global Ag (TSE:CRP) Shares Five Years Ago Have A 37% Loss To Show For It

So we wouldn't blame long term Ceres Global Ag Corp. … See our latest analysis for Ceres Global Ag Ceres Global Ag isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Over five years, Ceres Global Ag grew its revenue at 21% per year.

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Ceres Global Ag Corp. (TSE:CRP): Time For A Financial Health Check

(TSE:CRP) with its market cap of CA$130m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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What Kind Of Shareholders Own Ceres Global Ag Corp. (TSE:CRP)?

Every investor in Ceres Global Ag Corp. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of CA$129m, Ceres Global Ag is a small cap stock, so it might not be well known by many institutional investors.

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Ceres Global Ag Corp. (TSE:CRP): Does The -7.2% Earnings Drop Reflect A Longer Term Trend?

Today I will assess CRP's recent performance announced on 31 December 2018 and compare these figures to its historical trend and industry movements. … Was CRP's recent earnings decline worse than the long-term trend and the industry. … CRP is loss-making, with the most recent trailing twelve-month earnings of -US$13.6m (from 31 December 2018), which compared to last year has become.

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What Kind Of Shareholder Appears On The Ceres Global Ag Corp's (TSE:CRP) Shareholder Register?

If you want to know who really controls Ceres Global Ag Corp (TSE:CRP), then you'll have to look at the makeup of its share registry. … With a market capitalization of CA$117m, Ceres Global Ag is a small cap stock, so it might not be well known by many institutional investors. … institutions are noticeable on the share registry.

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Who Are The Largest Shareholders In Ceres Global Ag Corp (TSE:CRP)?

I am going to take a deep dive into Ceres Global Ag Corp’s (TSE:CRP) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Check out our latest analysis for Ceres Global Ag

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CRP Company Info

Description

Ceres Global Ag Corp. procures and provides agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics services worldwide. It operates in two segments, Grain and Supply Chain Services. The company engages in the grain storage, procurement, and merchandising of specialty grains and oilseeds, such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses through six grain storage and handling facilities in Minnesota, Saskatchewan, and Ontario. It also owns commodities logistics center, a grain, oil, natural gas liquids, and fertilizer terminal. Ceres Global Ag Corp. was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.

Details
Name: Ceres Global Ag Corp.
CRP
Exchange: TSX
Founded: 2007
CA$130,947,458
30,738,840
Website: http://ceresglobalagcorp.com
Address: Ceres Global Ag Corp.
701 Xenia Avenue South,
Suite 400,
Golden Valley,
Minnesota, 55416,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX CRP Common Shares The Toronto Stock Exchange CA CAD 03. Mar 2008
OTCPK CERG.F Common Shares Pink Sheets LLC US USD 03. Mar 2008
Number of employees
Current staff
Staff numbers
132
Ceres Global Ag employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 23:56
End of day share price update: 2019/11/11 00:00
Last earnings filing: 2019/09/17
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


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.