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 Gravitas Financial is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Gravitas Financial 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
Gravitas Financial. 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
Gravitas Financial's earnings available for a low price, and how does
this compare to other companies in the same industry?
Gravitas Financial 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 GFI’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 Gravitas Financial'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 Gravitas Financial 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 Gravitas Financial's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Gravitas Financial's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Gravitas Financial's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Gravitas Financial is high growth as no earnings estimate data is available.
Unable to determine if Gravitas Financial 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.
Gravitas Financial'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
Gravitas Financial's finances.
The net worth of a company is the difference between its assets and liabilities.
Gravitas Financial's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Gravitas Financial's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Gravitas Financial'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.
Gravitas Financial 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.
TENURE AS CEO
Mr. Vikas Ranjan is an Independent Director at MLI Marble Lending Inc. since January 15, 2018. He has been a Director of Carl Data Solutions Inc. since August 27, 2019. He served as President, Chief Executive Officer and Director of Prime City One Capital Corp. since March 2019 until December 20, 2019. He was a Member of Advisory Board at Fandom Sports Media Corp. until 2019. He is Entrepreneurial Finance Professional. Mr. Ranjan has been Member of Board of Advisors at Sudal Industries Ltd since April 2018. He has been the President of Gravitas Financial Inc. since June 25, 2015 and is its Co-founder. Mr. Ranjan helps to make strategic investments in quality wealth management, financial technology and mining companies. Mr. Ranjan served as Co-Founder and Principal at Ubika Research and smallcappower.com. He served as an Executive Vice President at Gravitas Financial Inc. until June 25, 2015. Mr. Ranjan served as an Executive Vice President at SearchGold Resources Inc. His experience includes management positions with TAL Global Asset Management and Bank of Montreal. He co-founded P2P Systems Inc. Mr. Ranjan is a management and investment professional with experience in diverse areas of investment management, finance, capital markets, entrepreneurship and investment research and has a strong knowledge of financial markets and has researched and analyzed companies in diverse industry sectors and markets. His previous experience includes management positions in a Canadian chartered bank. Mr. Ranjan has been a Director of Gravitas Financial Inc. since June 2013. He has been a Director of Must Capital Inc. since January 24, 2018. He served as a director of Homeland Energy Group Ltd. since September 24, 2015 until April 29, 2016. He has been Director of Mint Corporation since December 19, 2017. He holds a Master of Business Administration degree in Finance from McGill University, along with a Master of Management Studies and a Bachelor of Arts Honors degree in Economics from University of Mumbai.
Vikas's compensation has been consistent with company performance over the past year, both up more than 20%.
Vikas's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Gravitas Financial management team is about average.
Interim CFO & Director
Senior Vice President of Corporate Development
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Gravitas Financial board of directors is less than 3 years, this suggests a new board.
Board of Directors
Interim CFO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Does Gravitas Financial Inc's (CNSX:GFI) CEO Pay Compare Well With Peers?
David Carbonaro is the CEO of Gravitas Financial Inc (CNSX:GFI), which has recently grown to a market capitalization of CA$3.99m. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … View out our latest analysis for Gravitas Financial
Gravitas Financial Inc., through its subsidiaries, provides integrated financial and advisory services in financial and capital markets in Canada. The company operates through Financial Services and Portfolio Investments segment. It provides capital markets, portfolio management, corporate, investor exposure, investment research, media, and corporate secretarial services to its clients. Gravitas Financial Inc. is based in Toronto, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.