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
Etruscus Resources. 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
Etruscus Resources'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 Etruscus Resources 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 Etruscus Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Etruscus Resources's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Etruscus Resources's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Etruscus Resources is high growth as no earnings estimate data is available.
Unable to determine if Etruscus Resources 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.
Etruscus Resources'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
Etruscus Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
Etruscus Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Etruscus Resources's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Etruscus Resources'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.
Etruscus Resources has no debt, it does not need to be 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. Gordon Lam serves as Chief Executive Officer of Etruscus Resources Corp. since January 1, 2018 and serves as its President and Director. Mr. Lam has been CEO and owner of Hatch 8 Capital since October 2014. In addition, Mr. Lam also currently serves as the Chief Financial Officer of Matoot Games Ltd. since March 2014. Previously, Mr. Lam has been self-employed as a consultant since July 2013 until October 2014 and has served as an investment advisor with PI Financial Corp since Janaury 2009 until July 2013. Mr. Lam received his Bachelor of Commerce from the University of British Columbia.
Gordon's compensation has increased whilst company is loss making.
Gordon's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure and age of the
management team in years:
The average tenure for the Etruscus Resources management team is less than 2 years, this suggests a new team.
Chief Financial Officer
Vice President of Exploration
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Etruscus Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors
Advisory Board Member
Advisory Board Member
Advisory Board Member
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Do Insiders Own Shares In Etruscus Resources Corp. (CNSX:ETR)?
Our analysis of the ownership of the company, below, shows that institutional investors have not yet purchased shares. … See our latest analysis for Etruscus Resources CNSX:ETR Ownership Summary, August 1st 2019 What Does The Lack Of Institutional Ownership Tell Us About Etruscus Resources? … General Public Ownership The general public, who are mostly retail investors, collectively hold 62% of Etruscus Resources shares.
Etruscus Resources Corp., a junior exploration company, engages in the exploration and development of natural resource properties. The company explores for gold and copper deposits. It focuses on developing its 100% owned Rock & Roll property covering 16,088 hectares in northwestern British Columbia, Canada. The company was incorporated in 2017 and is based in Vancouver, Canada.
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