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Enthusiast Gaming Holdings

TSXV:EGLX
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EGLX
TSXV
CA$115M
Market Cap
  1. Home
  2. CA
  3. Media
Company description

Enthusiast Gaming Holdings Inc. operates as an integrated video game and e-sports company worldwide. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • Enthusiast Gaming Holdings has significant price volatility in the past 3 months.
EGLX Share Price and Events
7 Day Returns
-4.7%
TSXV:EGLX
-1.6%
CA Interactive Media and Services
0.4%
CA Market
1 Year Returns
-
TSXV:EGLX
-31.3%
CA Interactive Media and Services
11%
CA Market
EGLX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enthusiast Gaming Holdings (EGLX) -4.7% -25.5% -36.4% - - -
CA Interactive Media and Services -1.6% -8.1% -17.7% -31.3% -65.7% -57.7%
CA Market 0.4% 0% 0.9% 11% 4.6% 17.4%
1 Year Return vs Industry and Market
  • No trading data on EGLX.
  • No trading data on EGLX.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Enthusiast Gaming Holdings undervalued based on future cash flows and its price relative to the stock market?

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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Enthusiast Gaming Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Enthusiast Gaming Holdings.

TSXV:EGLX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:EGLX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.042 (1 + (1- 26.5%) (10%))
1.079
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (1.079 * 5.44%)
7.31%

Discounted Cash Flow Calculation for TSXV:EGLX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Enthusiast Gaming Holdings 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.

TSXV:EGLX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 7.31%)
2020 0.51 Analyst x2 0.48
2021 1.46 Analyst x2 1.27
2022 9.58 Analyst x1 7.75
2023 17.87 Analyst x1 13.48
2024 24.92 Est @ 39.4% 17.51
2025 31.89 Est @ 28.01% 20.88
2026 38.29 Est @ 20.04% 23.36
2027 43.82 Est @ 14.46% 24.92
2028 48.45 Est @ 10.55% 25.67
2029 52.23 Est @ 7.82% 25.79
Present value of next 10 years cash flows CA$161.00
TSXV:EGLX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$52.23 × (1 + 1.44%) ÷ (7.31% – 1.44%)
CA$902.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$902.34 ÷ (1 + 7.31%)10
CA$445.54
TSXV:EGLX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$161.00 + CA$445.54
CA$606.54
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$606.54 / 71.70
CA$8.46
TSXV:EGLX Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$8.46
Current discount Discount to share price of CA$1.61
= -1 x (CA$1.61 - CA$8.46) / CA$8.46
81%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Enthusiast Gaming Holdings is available for.
Intrinsic value
>50%
Share price is CA$1.61 vs Future cash flow value of CA$8.46
Current Discount Checks
For Enthusiast Gaming Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Enthusiast Gaming Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Enthusiast Gaming Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Enthusiast Gaming Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enthusiast Gaming Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:EGLX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.13
TSXV:EGLX Share Price ** TSXV (2019-12-11) in CAD CA$1.61
North America Interactive Media and Services Industry PE Ratio Median Figure of 27 Publicly-Listed Interactive Media and Services Companies 23.55x
Canada Market PE Ratio Median Figure of 511 Publicly-Listed Companies 15.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Enthusiast Gaming Holdings.

TSXV:EGLX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:EGLX Share Price ÷ EPS (both in CAD)

= 1.61 ÷ -0.13

-12.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enthusiast Gaming Holdings is loss making, we can't compare its value to the North America Interactive Media and Services industry average.
  • Enthusiast Gaming Holdings is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Enthusiast Gaming Holdings's expected growth come at a high price?
Raw Data
TSXV:EGLX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -12.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
North America Interactive Media and Services Industry PEG Ratio Median Figure of 23 Publicly-Listed Interactive Media and Services Companies 1.37x
Canada Market PEG Ratio Median Figure of 234 Publicly-Listed Companies 1.12x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Enthusiast Gaming Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Enthusiast Gaming Holdings's assets?
Raw Data
TSXV:EGLX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$4.61
TSXV:EGLX Share Price * TSXV (2019-12-11) in CAD CA$1.61
Canada Interactive Media and Services Industry PB Ratio Median Figure of 17 Publicly-Listed Interactive Media and Services Companies 2.63x
Canada Market PB Ratio Median Figure of 2,318 Publicly-Listed Companies 1.27x
TSXV:EGLX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:EGLX Share Price ÷ Book Value per Share (both in CAD)

= 1.61 ÷ 4.61

0.35x

* Primary Listing of Enthusiast Gaming Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Enthusiast Gaming Holdings is good value based on assets compared to the CA Interactive Media and Services industry average.
X
Value checks
We assess Enthusiast Gaming Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Enthusiast Gaming Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Enthusiast Gaming Holdings expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

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!
Annual Growth Rate
66.3%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Enthusiast Gaming Holdings expected to grow at an attractive rate?
  • Unable to compare Enthusiast Gaming Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Enthusiast Gaming Holdings's earnings growth to the Canada market average as no estimate data is available.
  • Enthusiast Gaming Holdings's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSXV:EGLX Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:EGLX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 66.3%
North America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 17.9%
North America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:EGLX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:EGLX Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 50 6 2
2020-12-31 40 0 2
2019-12-31 19 -12 2
2019-12-12
TSXV:EGLX Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 3 -7 -19
2018-12-31 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Enthusiast Gaming Holdings is high growth as no earnings estimate data is available.
  • Enthusiast Gaming Holdings's revenue is expected to grow significantly at over 20% yearly.
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.
Raw Data
TSXV:EGLX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Enthusiast Gaming Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EGLX Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-12-12
TSXV:EGLX Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.13
2018-12-31

*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 Enthusiast Gaming Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Enthusiast Gaming Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. 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.
Enthusiast Gaming Holdings has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Enthusiast Gaming Holdings performed over the past 5 years?

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 Enthusiast Gaming Holdings's growth in the last year to its industry (Interactive Media and Services).
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.
  • Enthusiast Gaming Holdings does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Enthusiast Gaming Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Enthusiast Gaming Holdings's 1-year growth to the North America Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
Enthusiast Gaming Holdings'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.
Raw Data

All data from Enthusiast Gaming Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EGLX Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3.01 -19.37 10.50 0.12
2018-12-31 -1.15 1.07

*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.
  • It is difficult to establish if Enthusiast Gaming Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Enthusiast Gaming Holdings has efficiently used its assets last year compared to the North America Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Enthusiast Gaming Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Enthusiast Gaming Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Enthusiast Gaming Holdings 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.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Enthusiast Gaming Holdings's financial health and their level of debt?

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 Enthusiast Gaming Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enthusiast Gaming Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Enthusiast Gaming Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Enthusiast Gaming Holdings'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
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.
Raw Data

All data from Enthusiast Gaming Holdings Company Filings, last reported 2 months ago.

TSXV:EGLX Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 177.94 11.08 8.00
2018-12-31 5.44 0.00 4.16
  • Enthusiast Gaming Holdings's level of debt (6.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Enthusiast Gaming Holdings's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Enthusiast Gaming Holdings has sufficient cash runway for 1.1 years based on current free cash flow.
  • Unable to confirm if Enthusiast Gaming Holdings has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Enthusiast Gaming Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Enthusiast Gaming Holdings 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:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Enthusiast Gaming Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Enthusiast Gaming Holdings dividends.
If you bought CA$2,000 of Enthusiast Gaming Holdings 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 Enthusiast Gaming Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Enthusiast Gaming Holdings'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.
Raw Data
TSXV:EGLX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 0.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:EGLX Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31
2019-12-12

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Enthusiast Gaming Holdings has not reported any payouts.
  • Unable to verify if Enthusiast Gaming Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Enthusiast Gaming Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Enthusiast Gaming Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Enthusiast Gaming Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Enthusiast Gaming Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enthusiast Gaming Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Enthusiast Gaming Holdings's salary, the management and board of directors tenure and is there insider trading?

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
Adrian Montgomery
AGE 45
CEO Bio

Mr. Adrian Taylor Montgomery serve as Chief Executive Officer & Director at Enthusiast Gaming Holdings Inc. Mr. Montgomery is Chairman of MJardin Group, Inc. since February 19, 2019 and served as its Chief Executive officer until November 2019. He was Interim Chief Executive officer at MJardin Group, Inc since February 19, 2019. Mr. Montgomery serves as Chief Executive Officer and Director at J55 Capital Corp since June 27, 2018. He served as the Chief Executive Officer of Quantum Murray LP and was also the former CEO of QM Environmental, one of Canada’s largest contracting companies. Mr. Montgomery served as President at ClearStream Energy Services Inc. since December 17, 2014 until June 29, 2015. Mr. Montgomery served as the Chief Investment Officer of ClearStream Energy Services Inc. since its inception in 2005 until December 17, 2014. He is a key Member of the ClearStream Energy Services Inc. executive team that has reshaped ClearStream Energy Services Inc. over the past two years and was involved in the successful dispositions of clearstream’s non-core operations, consolidation of minority positions in clearstream’s core areas, securing new financing packages for clearstream, converting clearstream from an income trust to a corporation and engineering a total rebranding of the organization. He served as Vice President of Tuckamore Capital Management Inc. since January 2010 and was its President. He served as a Vice President of Newport Partners GP Inc since January 2010. He Headed business development at Rogers Media Inc., where he oversaw a number of business development initiatives in the fields of sports and entertainment. He has been a Director of NeuroBiopharm Inc. since June 20, 2014. He served as an Independent Director of Acasti Pharma Inc. since June 20, 2014 until February 29, 2016. He served as an Independent Director of Epsilon Energy Ltd. since July 15, 2013 May 20, 2019. He served as a Director of ClearStream Energy Services Inc since October 1, 2015 until June 21, 2017. He served as a Director of Neptune Technologies & Bioresources, Inc. from June 19, 2014 to July 215. He spearHeaded several landmark alliances with the National Football League, the International Olympic Committee, the FIFA World Cup, Live Nation Music and CBS Paramount. He was the President and Chief Information Officer of Tuckamore Capital Management Inc. from February 2012 to March 2016. A lawyer, Mr. Montgomery is active in the political process and has served as a Senior Adviser to politicians at all levels of government. In the past, he has been a sought after media personality and panelist on CBC and Global Television. He is a Member of the New York State Bar and the Young Presidents’ Organization. He is also involved in a number of charitable endeavours and sits on the Board of Special Olympics Canada and sits on the Board of the Toronto East General Hospital Foundation.

CEO Compensation
  • Insufficient data for Adrian to compare compensation growth.
  • Insufficient data for Adrian to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Enthusiast Gaming Holdings management team in years:

0.3
Average Tenure
38.5
Average Age
  • The average tenure for the Enthusiast Gaming Holdings management team is less than 2 years, this suggests a new team.
Management Team

Adrian Montgomery

TITLE
Chief Executive Officer & Director
AGE
45

Menashe Kestenbaum

TITLE
Founder
AGE
34
TENURE
1.3 yrs

Alex Macdonald

TITLE
Chief Financial Officer
TENURE
0.3 yrs

Eric Bernofsky

TITLE
Chief Operating Officer
AGE
41

Meir Bulua

TITLE
Chief Information Officer
AGE
36

Julia Becker

TITLE
Head of Investor Relations & Marketing

Jon Dwyer

TITLE
Senior VP & Head of Sales and Special Partnerships
TENURE
0.2 yrs

Amanda Rubin

TITLE
TENURE
0.2 yrs

Steve Maida

TITLE
President of Luminosity Gaming & Director
TENURE
0.3 yrs

Corey Mandell

TITLE
President of EGLive
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Enthusiast Gaming Holdings board of directors in years:

0.3
Average Tenure
48.5
Average Age
  • The average tenure for the Enthusiast Gaming Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Francesco Aquilini

TITLE
Non Executive Chairman
AGE
58

Adrian Montgomery

TITLE
Chief Executive Officer & Director
AGE
45

Menashe Kestenbaum

TITLE
Founder
AGE
34
TENURE
1.3 yrs

Steve Maida

TITLE
President of Luminosity Gaming & Director
TENURE
0.3 yrs

Mike Beckerman

TITLE
Director
TENURE
0.3 yrs

Ben Colabrese

TITLE
Director
AGE
52

Alan Friedman

TITLE
Director
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Enthusiast Gaming Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
25. Oct 19 Buy Adrian Montgomery Individual 17. Oct 19 17. Oct 19 50,000 CA$1.99 CA$99,500
X
Management checks
We assess Enthusiast Gaming Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Enthusiast Gaming Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What You Should Know About Enthusiast Gaming Holdings Inc.'s (CVE:EGLX) Financial Strength

EGLX’s Debt (And Cash Flows) Over the past year, EGLX has ramped up its debt from CA$50k to CA$7.4m , which accounts for long term debt. … Looking at EGLX’s CA$3.5m in current liabilities, the company has been able to meet these commitments with a current assets level of CA$15m, leading to a 4.21x current account ratio. … Next Steps: EGLX’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Company Info

Description

Enthusiast Gaming Holdings Inc. operates as an integrated video game and e-sports company worldwide. The company offers Destructoid platform; Escapist, a gaming magazine; and advertising solutions. It also creates and operates Enthusiast Gaming Live Expo, a gaming expo. The company’s digital platform includes approximately 85 gaming related Websites and 900 YouTube channels. Enthusiast Gaming Holdings Inc. is based in Toronto, Canada.

Details
Name: Enthusiast Gaming Holdings Inc.
EGLX
Exchange: TSXV
Founded:
CA$115,440,516
71,702,184
Website: http://www.enthusiastgaming.com
Address: Enthusiast Gaming Holdings Inc.
90 Eglinton Avenue East,
Suite 805,
Toronto,
Ontario, M4P 2Y3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EGLX Common Shares TSX Venture Exchange CA CAD 09. Sep 2019
OTCPK ENGM.F Common Shares Pink Sheets LLC US USD 09. Sep 2019
Number of employees
Current staff
Staff numbers
0
Enthusiast Gaming Holdings employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/12 01:01
End of day share price update: 2019/12/11 00:00
Last estimates confirmation: 2019/12/03
Last earnings filing: 2019/11/29
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


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.