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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Toscana Energy Income. 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
Toscana Energy Income's
is considered below, and whether this is a fair price.
Price based on past earnings
Toscana Energy Income'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 Toscana Energy Income 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 Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Toscana Energy Income
expected to grow at an
Unable to compare Toscana Energy Income's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Toscana Energy Income's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Toscana Energy Income's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Toscana Energy Income is high growth as no earnings estimate data is available.
Unable to determine if Toscana Energy Income 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.
Toscana Energy Income'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
Oil and Gas
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.
Toscana Energy Income
has a total score of
1/6, 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
Toscana Energy Income's finances.
The net worth of a company is the difference between its assets and liabilities.
Toscana Energy Income's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Toscana Energy Income's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Toscana Energy Income'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.
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.1x debt.
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. Ryan J. M. Heath serves as Chief Executive Director of Toscana Energy Income Corporation since August 27, 2019. Mr. Heath has been Vice President of Land and Business Development at Striker Exploration Corp. (Former Name: Elkwater Resources Ltd) since July 2014. Most recently, he was VP Land & Negotiations at Paredes Energy Corporation. Mr. Heath served as Vice President of Land and Business Development at Hyperion Exploration Corp. from November 2010 to June 2014. He is a professional landman with 15 years of Vice President, Land and Business negotiation, management and corporate experience in Development the oil and gas industry. Mr. Heath is a Landman with over 12 years of mineral, contracts and A&D land and corporate development experience. Throughout his earlier career he held roles of increased Land Management responsibility with Paramount Energy Trust and NCE Petrofund Corp. Mr. Heath was a Founding Member and Vice President of Land & Business Development with Severo Energy Corp. Mr. Heath held various senior land and corporate development roles with Paramount Energy Trust and Petrofund Energy Corp. Mr. Heath serves as a Member and Active Volunteer within the Canadian Association of Petroleum Landmen. Mr. Heath graduated from the University of Calgary Haskayne School of Business in 2000 with a Bachelor of Commerce degree in Petroleum Land Management.
Insufficient data for Ryan J. to compare compensation growth.
Insufficient data for Ryan J. to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Toscana Energy Income
management team in years:
The average tenure for the Toscana Energy Income management team is less than 2 years, this suggests a new team.
CFO & Corporate Secretary
Chief Operating Officer
Manager of Land
Ryan J. Heath
Chief Executive Officer
Vice President of Business Development
Vice President of Exploration
Board of Directors Tenure
Average tenure and age of the
Toscana Energy Income
board of directors in years:
The tenure for the Toscana Energy Income board of directors is about average.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Is Toscana Energy Income Corporation's (TSE:TEI) Balance Sheet Strong Enough To Weather A Storm?
While small-cap stocks, such as Toscana Energy Income Corporation (TSE:TEI) with its market cap of CA$3.17m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Toscana Energy Income Corporation (TSE:TEI): Time For A Financial Health Check
TEI's debt levels have fallen from CA$45.96M to CA$43.55M over the last 12 months , which is made up of current and long term debt. … Though TEI has generated cash from operations of CA$750.26K over the same time period, resulting in an operating cash to total debt ratio of 1.72%, indicating that debt is appropriately covered by operating cash. … Looking at TEI’s most recent CA$49.68M liabilities, the company is not able to meet these obligations given the level of current assets of CA$5.03M, with a current ratio of 0.1x below the prudent level of 3x.
Toscana Energy Income Corporation operates as a conventional oil and gas producer. Its petroleum and natural gas properties are located in Alberta and Saskatchewan. Toscana Energy Income Corporation is headquartered in Calgary, 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.