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
RMMI. 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
RMMI'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 RMMI 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 RMMI's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare RMMI's earnings growth to the Canada market average as no estimate data is available.
Unable to compare RMMI's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if RMMI is high growth as no earnings estimate data is available.
Unable to determine if RMMI 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.
RMMI'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. Earl Connors, B.Sc., P.Eng., MBA has been the President & CEO of RMMI Corp. since February 13, 2018 and its Chairman and Director since February 6, 2018. Mr. Connors is the founder of RMMI. Prior to founding the Corporation, Mr. Connors served as the CEO to a number of private companies and acted as a as an independent consultant to CEO groups. From June 2014 to June 2015, Mr. Connors also consulted to Benchmark Labs, whose business was to apply for LP Status under Healthy Canada’s MMPR for their clients. From July 2015 to June 2016, Mr. Connors acted as CEO of TheraCann, which was the rebranding name chosen for Benchmark Labs. From November 2012 to September 2013, he was CEO of Stimline Services, North America. Mr. Connors is a Professional Engineer registered with the Association of Professional Engineers, Geoscientists of Alberta. He holds a Master of Business Administration from the Haskayne School of Business from the University of Calgary and a degree in Mechanical Engineering from the University of Alberta.
Earl's compensation has been consistent with company performance over the past year, both up more than 20%.
Earl's remuneration is lower than average for companies of similar size in Canada.
Chief Financial Officer
Manager of Administrative Services
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the RMMI board of directors is less than 3 years, this suggests a new board.
Board of Directors
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by RMMI individual insiders in the past 3 months, but not in substantial volumes.
What Type Of Shareholder Owns RMMI Corp.'s (CNSX:RMMI)?
See our latest analysis for RMMI CNSX:RMMI Ownership Summary, August 1st 2019 What Does The Lack Of Institutional Ownership Tell Us About RMMI? … Alternatively, there might be something about the company that has kept institutional investors away. … Insider Ownership Of RMMI While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.
RMMI Corp., a development stage company, focuses on the cultivation, production, and sale of medical marijuana products in various forms. The company, through its subsidiary, Rocky Mountain Marijuana Inc., intends to produce cannabis oils. RMMI Corp. was incorporated in 2018 and is headquartered in Calgary, Canada.
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