Armada Mercantile Ltd., a financial services company, through its subsidiaries, primarily engages in the merchant banking activities in the United States and internationally.
The last earnings update was 31 days ago.
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
In this section, we usually try to help investors determine whether Armada Mercantile is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Armada Mercantile 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
Armada Mercantile. This is due to cash flow or dividend data being
unavailable. The share price is
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
is considered below, and whether this is a fair price.
Price based on past earnings
Armada Mercantile's earnings available for a low price, and how does
this compare to other companies in the same industry?
Armada Mercantile has negative assets, we can't compare the value of its assets to the CA Capital Markets industry average.
Take a look at our analysis of ARM’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.
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 Armada Mercantile's regulatory filings and announcements.
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 Armada Mercantile 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
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
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Armada Mercantile's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Armada Mercantile's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Armada Mercantile's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Armada Mercantile is high growth as no earnings estimate data is available.
Unable to determine if Armada Mercantile 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.
Armada Mercantile's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
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.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Armada Mercantile's finances.
The net worth of a company is the difference between its assets and liabilities.
Armada Mercantile's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Armada Mercantile has no long term commitments.
This treemap shows a more detailed breakdown of
Armada Mercantile'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Armada Mercantile has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
Mr. Patrick Cole has been the President of Armada Mercantile Ltd. since July 2, 1991 and also serves as its Chief Executive Officer. Mr. Cole serves as Funding Advisor of Waste2Fuel, Inc. He served as President of Aldershot Resources Ltd. from October 17, 1989 to February 09, 1998. Mr. Cole served as the President at Asset Commercial Capital, Inc. He is a Seasoned Venture Capitalist and Financier. Mr. Cole has participated and raised capital from private investor clients and international banking contacts. He has cultivated relationships for over 20 years with European banks, private equity firms and broker dealers worldwide. Mr. Cole has an extensive and successful background in raising capital, merchant banking, negotiating and structuring transactions. He invests a substantial amount of time with client companies, investors and shareholder contracts. Prior to acquiring Armada Mercantile Ltd., Mr. Cole served as Controlling Shareholder and President of Quattro Resources Ltd. He was one of the youngest stockbrokers in America. Mr. Cole has been a Director of Armada Mercantile Ltd. since April 19, 1991. From August 1985 to August 1987, he held a Series 7 license with the stock brokerage firm of C.L. McKinney in Los Angeles.
Patrick's compensation has increased whilst company is loss making.
Patrick's remuneration is lower than average for companies of similar size in Canada.
CFO & Director
CTO, Analyst & Director
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Armada Mercantile board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
CFO & Director
CTO, Analyst & Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by Armada Mercantile individual insiders in the past 3 months, but not in substantial volumes.
Armada Mercantile Ltd., a financial services company, through its subsidiaries, primarily engages in the merchant banking activities in the United States and internationally. It provides specialized merchant banking, broker-dealer, venture lending, and corporate finance services, as well as advises clients on corporate structure, strategy, mergers and acquisitions, and raising capital. The company also offers various services for public and private equity, factoring, private placements, corporate debt securities, corporate finance, mezzanine financing, direct public offerings, and mergers and acquisitions; and commercial finance services, including account receivables factoring, supply chain, equipment leasing, merchant cash advance, purchase order, and other types of specialized finance, as well as assists investors and corporations in planning investment strategies and raising capital in the public and private equity markets. It serves investors, entrepreneurs, and businesses. The company was founded in 1987 and is based in Roseville, California.
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