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.
In this section, we usually try to help investors determine whether AIM4 Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as AIM4 Ventures 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
AIM4 Ventures. This is due to cash flow or dividend data being
unavailable. The share price is
CA$0.1.
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
AIM4 Ventures's
earnings,
growth
and
assets
is considered below, and whether this is a fair price.
Price based on past earnings
Are
AIM4 Ventures's earnings available for a low price, and how does
this compare to other companies in the same industry?
Unable to compare the PB ratio to the industry average as no data exists.
Next steps:
Examine AIM4 Ventures's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
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 AIM4 Ventures'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 AIM4 Ventures 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!
5.6%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
AIM4 Ventures
expected to grow at an
attractive
rate?
Unable to compare AIM4 Ventures's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare AIM4 Ventures's earnings growth to the Canada market average as no estimate data is available.
Unable to compare AIM4 Ventures's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if AIM4 Ventures is high growth as no earnings estimate data is available.
Unable to determine if AIM4 Ventures 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.
All data from AIM4 Ventures Company Filings, last reported , and in
Trailing twelve months (TTM)
annual period rather than quarterly.
*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 AIM4 Ventures will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next steps:
Examine AIM4 Ventures's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
We assess
AIM4 Ventures's future performance by looking at:
Is the annual earnings growth rate expected to beat the low risk savings rate, plus a
premium to keep pace with inflation?
Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
Is the annual earnings growth rate expected to be above 20%? (1 check)
Is the annual revenue growth rate expected to be above 20%? (1 check)
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.
AIM4 Ventures
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.
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, AIM4 Ventures has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.
Show me the analysis anyway
No data on AIM4 Ventures's last earnings update.
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
AIM4 Ventures's growth in the last year to its industry (Capital Markets).
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.
Insufficient past earnings data to establish if AIM4 Ventures's year on year earnings growth rate was positive over the past 5 years.
Unable to compare AIM4 Ventures's 1-year growth to the 5-year average as past earnings data has not been reported.
Unable to compare AIM4 Ventures's 1-year growth to the CA Capital Markets industry average as past earnings data has not been reported.
Earnings and Revenue History
AIM4 Ventures'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.
All data from AIM4 Ventures Company Filings, last reported , and in
Trailing twelve months (TTM)
annual period rather than quarterly.
*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.
Unable to establish if AIM4 Ventures has efficiently used shareholders’ funds last year as no Return on Equity data is available.
Unable to establish if AIM4 Ventures has efficiently used its assets last year compared to the CA Capital Markets industry average (Return on Assets) as past financial data has not been reported.
Unable to establish if AIM4 Ventures improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next steps:
Examine AIM4 Ventures'sAIM4 Ventures's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
We assess
AIM4 Ventures'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
Capital Markets
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.
AIM4 Ventures
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.
In this section we usually analyse AIM4 Ventures's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. AIM4 Ventures has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.
Show me the analysis anyway
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
AIM4 Ventures's finances.
The net worth of a company is the difference between its assets and liabilities.
Net Worth
Unable to compare short term assets to short term liabilities as AIM4 Ventures has not reported sufficient balance sheet data.
Unable to establish if AIM4 Ventures's long term commitments exceed its cash and other short term assets as AIM4 Ventures has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of
AIM4 Ventures'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.
Unable to establish if AIM4 Ventures has a high level of physical assets or inventory without balance sheet data.
AIM4 Ventures has no debt, it does not need to be covered by short term assets.
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.
All data from AIM4 Ventures Company Filings, last reported .
AIM4 Ventures has no debt.
AIM4 Ventures has not taken on any debt in the past 5 years.
AIM4 Ventures has no debt, it does not need to be covered by operating cash flow.
AIM4 Ventures has no debt, therefore coverage of interest payments is not a concern.
Next steps:
Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. AIM4 Ventures's cash and debt levels may be found in its annual reports archived here.
Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when AIM4 Ventures's financial data was last updated here.
Companies with strong financial health are considered a less risky investment. Discover these stocks here.
We assess
AIM4 Ventures's financial health by checking for:
Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest
at all)? (1 check)
AIM4 Ventures
has a total score of
4/6, 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:
Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
AIM4 Ventures
dividends.
If you bought
CA$2,000 of
AIM4 Ventures
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 AIM4 Ventures's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate AIM4 Ventures'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.
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
ZacharyGoldenberg
AGE
30
CEO Bio
Mr. Zachary Goldenberg serves as Chief Executive Officer and Corporate Secretary at AIM4 Ventures Inc Mr. Goldenberg serves as the Principal at Liberty Venture Partners Inc. He has been Corporate Secretary at Tova Ventures II Inc. since February 2017 and serves as its Director since June 18, 2018. Mr. Goldenberg serves as Chief Executive Officer of AIM3 Ventures Inc. Mr. Goldenberg is a Partner of Northbay Capital Partners Corp., a Canadian merchant bank focused on corporate finance, mergers and acquisitions and going public transactions. He is the Director of AIM2 Ventures Inc. He served as a Director of Canopy Rivers Inc. from October 31, 2017 to September 17, 2018. He practiced law in Toronto and Vancouver, Canada. Mr. Goldenberg is a corporate and securities lawyer by background. Mr. Goldenberg is a graduate of the combined JD / HBA program from Western Law and Ivey School of Business and is a member of the Law Society of Upper Canada.
CEO Compensation
Insufficient data for Zachary to compare compensation growth.
Insufficient data for Zachary to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team
Zachary Goldenberg
TITLE
Chief Executive Officer & Corporate Secretary
AGE
30
Aaron Salz
TITLE
Chief Financial Officer & Director
AGE
28
Board of Directors
Aaron Salz
TITLE
Chief Financial Officer & Director
AGE
28
Marc Sontrop
TITLE
Director
AGE
47
Aaron Unger
TITLE
Director
AGE
48
Alan Friedman
TITLE
Director
AGE
47
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
AIM4 Ventures Inc. focuses on the identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
AIM4 Ventures Inc.
77 King Street West,
Suite 400,
Toronto,
Ontario, M5K 0A1,
Canada
Listings
Exchange Symbol
Ticker Symbol
Security
Exchange
Country
Currency
Listed on
TSXV
AIMD.P
Common Shares
TSX Venture Exchange
CA
CAD
05. Jul 2019
Number of employees
Current staff
0
AIM4 Ventures
employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area
Date (UTC time)
Company Analysis updated:
2019/12/12 00:33
End of day share price update:
2019/11/08 00:00
Last earnings filing:
N/A
Last earnings reported:
N/A
Last annual earnings reported:
N/A
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.