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
Citation Growth. 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
Citation Growth'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 Citation Growth 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 Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Citation Growth's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Citation Growth's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Citation Growth's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Citation Growth is high growth as no earnings estimate data is available.
Unable to determine if Citation Growth 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.
Citation Growth'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
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.
TENURE AS CEO
Mr. Erik Anderson, B.A, M.A, serves as Managing Partner and Vice President of Sales and Distribution at GEOTrac Systems Inc. Mr. Anderson serves as President, Chief Executive Officer and Director at Citation Growth Corp. since February 12, 2020. Mr. Anderson leads a team of Account Executives who deliver workforce productivity solutions in the space encompassing GPS Fleet Management, Auto-Vehicle Location (AVL), Asset Tracking, Remote Logistics, Satellite and Cellular Communication and Lone Worker Safety. Focused on the industrial marketplace (construction, utilities, mining and the oil and gas industry), he also manages a network of Resellers and Installation Partners - each of whom assist GEOTrac in taking GEOTrac's suite of products to market. Mr. Anderson served as Sales Manager for Mobile Enterprise Solutions at Rogers Wireless in Alberta and Director of Mobile Internet Solutions for Ericsson Canada. Mr. Anderson has extensive experience operating successful businesses and delivering proven operating and financial performance. His career has included founding and operating a management consulting firm, multiple executive leadership roles in the telecom industry, establishing and eventually divesting a wireless GPS solution provider for major corporations in the energy space, operating and optimizing an oilfield services company during a turnaround phase, and establishing business strategies that included raising funds for multiple early-stage cannabis companies entering public markets.
Insufficient data for Erik to compare compensation growth.
Insufficient data for Erik to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Citation Growth board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
Citation Growth individual insiders have sold more shares than they have bought in the past 3 months.
Citation Growth Corp. invests in the medical and recreational cannabis industry. The company was formerly known as Liht Cannabis Corp. and changed its name to Citation Growth Corp. in June 2019. Citation Growth Corp. was incorporated in 2007 and is based in Kelowna, Canada.
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