12 Exploration Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of properties for the mining of gold and other minerals.
The last earnings update was 24 days ago.
Discounted Cash Flow Calculation for CNSX:TWLV using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
CNSX:TWLV DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
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
12 Exploration'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 12 Exploration 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 12 Exploration's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare 12 Exploration's earnings growth to the Canada market average as no estimate data is available.
Unable to compare 12 Exploration's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if 12 Exploration is high growth as no earnings estimate data is available.
Unable to determine if 12 Exploration 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.
12 Exploration'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.
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. Eric Klein serves as a Director and Chief Executive Officer of 12 Exploration Inc. Mr. Klein focuses on complex mergers, acquisitions, divestitures, financings as well as joint ventures and business valuations of mid-sized Canadian corporations. He was Executive Vice President, Corporate Development at Dundee Corporation, registered dealer from 2016 to 2018. With more than 30 years of experience, he focuses on providing results-driven corporate finance services for mid-market Canadian companies. Recently, Mr. Klein was a senior executive with a Canadian public financial institution. Prior to that Mr. Klein was the founder and Managing Director of the Corporate Finance, Valuations & Transaction practice of Farber Financial Group. He was Partner of Farber Financial Group, consulting company from 2003 to 2016. Mr. Klein is a graduate of McGill University with a B.Comm and a graduate Diploma in Public accounting, and holds designations as a Chartered Public Accountant and Chartered Business Valuator. Currently he is a Director of INV Metals Inc. (TSX:INV).
Insufficient data for Eric to compare compensation growth.
Insufficient data for Eric to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
CEO & Director
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the 12 Exploration board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Do Directors Own 12 Exploration Inc. (CNSX:TWLV) Shares?
Check out our latest analysis for 12 Exploration CNSX:TWLV Ownership Summary, August 20th 2019 What Does The Lack Of Institutional Ownership Tell Us About 12 Exploration? … Small companies that are not very actively traded often lack institutional investors, but it's less common to see large companies without them. … Insider Ownership Of 12 Exploration The definition of company insiders can be subjective, and does vary between jurisdictions.
12 Exploration Inc., a mineral exploration company, focuses on the acquisition, exploration, and development of properties for the mining of gold and other minerals. The company holds an option to acquire up to an 80% interest in the Deepwater project and the lease located near Sudbury, Ontario. 12 Exploration Inc. was incorporated in 2017 and is based in Toronto, Canada.
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