Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
NewGrowth's share price is below the future cash flow value, and at a moderate discount (> 20%).
NewGrowth's share price is below the future cash flow value, but not 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
is considered below, and whether this is a fair price.
Price based on past earnings
NewGrowth's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 NewGrowth 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 NewGrowth's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare NewGrowth's earnings growth to the Canada market average as no estimate data is available.
Unable to compare NewGrowth's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if NewGrowth is high growth as no earnings estimate data is available.
Unable to determine if NewGrowth 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.
NewGrowth'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.
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. Brian David McChesney, P.Eng. has been the Chief Executive Officer and President of Utility Corp. since March 2014. He has been Director of SCITI ROCS Limited since 2005. He has been a Director of MLCB Ltd since 2011, Canadian Wireless Limited since 2006. He serves as a Director of Scotia Managed Companies Administration Inc. He served as Chief Executive Officer, President and Director of CHY Fund. He earned an MBA in Finance from the University of Chicago and holds a professional engineering designation in Geotechnical Engineering from the University of Toronto.
Insufficient data for Brian to compare compensation growth.
Insufficient data for Brian to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Chief Executive Officer
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the NewGrowth board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Chief Executive Officer
Chief Financial Officer
Farooq Nizar Paperwala Moosa
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
NewGrowth Corp. is a closed-ended equity mutual fund launched and managed by Scotia Managed Companies. It invests in the public equity markets of Canada. The fund makes its investments across diversified sectors. It primarily invests in common shares of banks and utility companies. The fund is not actively traded and only trades its portfolio in limited circumstances. NewGrowth Corp was formed in 1925 and is domiciled in 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.