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
Carlyle Commodities. 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
Carlyle Commodities'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 Carlyle Commodities 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 Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Carlyle Commodities's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Carlyle Commodities's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Carlyle Commodities's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Carlyle Commodities is high growth as no earnings estimate data is available.
Unable to determine if Carlyle Commodities 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.
Carlyle Commodities'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
Metals and Mining
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
Carlyle Commodities's finances.
The net worth of a company is the difference between its assets and liabilities.
Carlyle Commodities's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Carlyle Commodities has no long term commitments.
This treemap shows a more detailed breakdown of
Carlyle Commodities'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 -10.7x 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. Morgan Good is Chief Executive Officer and Director at December 33 Capital Inc. since February 2019. Mr. Good served as Chief Executive Officer and Director of Ignite International Brands, Ltd. (formerly ALQ Gold Corp.) from August 2017 to January 2019. Mr. Good is the Founder of Carlyle Commodities Corp. and has been its Chief Executive Officer, President and Director since October 18, 2017. He served as Vice President of Business Development at Delta Resources Limited (formerly Golden Hope Mines Limited) from August 2016 to January 2017. Mr. Good served as President of Secova Metals Corp. from February 4, 2016 to November 13, 2017. Mr. Good is a venture capitalist with more than 15 years of experience as a stock market professional focusing in areas of corporate development, finance and investor relations. He is a Co-Owner at Patriot Capital Corporation in early 2013 to invest in both private and public companies, with an emphasis on acquiring large positions in well-structured junior issuers with experienced management. In addition to representing several mining resource companies, Mr. Good has also assisted with projects in the cannibas, healthcare, biotech and technology fields. He is a Member of Advisory Board at Omni Commerce Corp., since May 30, 2018. He has been a Director of Lightning Ventures Inc. since August 2018. He served as Independent Director of Secova Metals Corp. from August 10, 2015 to November 12, 2017.
Insufficient data for Morgan to compare compensation growth.
Morgan's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Carlyle Commodities board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Carlyle Commodities Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for iron, titanium, vanadium, sulphide, gold, and silver deposits. Its flagship property is the Four Corners project comprising 7655.0 hectares located in southwestern Newfoundland and Labrador. The company was formerly known as Delrey Metals Corp. and changed its name to Carlyle Commodities Corp. in February 2020. Carlyle Commodities Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
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