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Ansar Financial and Development

CNSX:AFD
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AFD
CNSX
CA$10M
Market Cap
  1. Home
  2. CA
  3. Real Estate
Company description

Ansar Financial and Development Corporation, a real estate corporation, acquires, owns, and resells properties in Canada. The last earnings update was 17 days ago. More info.


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AFD Share Price and Events
7 Day Returns
6.7%
CNSX:AFD
-0.8%
CA Real Estate
1.2%
CA Market
1 Year Returns
12.3%
CNSX:AFD
5.2%
CA Real Estate
-0.2%
CA Market
AFD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ansar Financial and Development (AFD) 6.7% -1.5% 3.2% 12.3% -28.9% -
CA Real Estate -0.8% 0.8% 1.1% 5.2% 40.5% 38.8%
CA Market 1.2% 4.2% 1.5% -0.2% 8.4% 1.8%
1 Year Return vs Industry and Market
  • AFD outperformed the Real Estate industry which returned 5.2% over the past year.
  • AFD outperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
AFD
Industry
5yr Volatility vs Market

Value

 Is Ansar Financial and Development 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 Ansar Financial and Development 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 Ansar Financial and Development.

CNSX:AFD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

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 CNSX:AFD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.038 (1 + (1- 26.5%) (0%))
1.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.025 * 5.96%)
8.06%

Discounted Cash Flow Calculation for CNSX:AFD using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ansar Financial and Development 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:AFD DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 8.06%)
2020 0.01 Est @ -42.06% 0.01
2021 0.01 Est @ -28.85% 0.01
2022 0.01 Est @ -19.61% 0.01
2023 0.01 Est @ -13.15% 0.01
2024 0.01 Est @ -8.62% 0.00
2025 0.01 Est @ -5.45% 0.00
2026 0.01 Est @ -3.23% 0.00
2027 0.01 Est @ -1.68% 0.00
2028 0.01 Est @ -0.59% 0.00
2029 0.01 Est @ 0.17% 0.00
Present value of next 10 years cash flows CA$0.00
CNSX:AFD DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$0.01 × (1 + 1.95%) ÷ (8.06% – 1.95%)
CA$0.10
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$0.10 ÷ (1 + 8.06%)10
CA$0.04
CNSX:AFD Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$0.00 + CA$0.04
CA$0.04
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$0.04 / 15.49
CA$0
CNSX:AFD Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.00
Current discount Discount to share price of CA$0.64
= -1 x (CA$0.64 - CA$0.00) / CA$0.00
-22343.4%

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

  • The current share price of Ansar Financial and Development is above its future cash flow value.
Often investors are willing to pay a premium 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 Ansar Financial and Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ansar Financial and Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:AFD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$0.00
CNSX:AFD Share Price ** CNSX (2019-09-10) in CAD CA$0.64
Canada Real Estate Industry PE Ratio Median Figure of 21 Publicly-Listed Real Estate Companies 12.69x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 14.15x

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

** Primary Listing of Ansar Financial and Development.

CNSX:AFD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:AFD Share Price ÷ EPS (both in CAD)

= 0.64 ÷ 0.00

428.67x

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

  • Ansar Financial and Development is overvalued based on earnings compared to the CA Real Estate industry average.
  • Ansar Financial and Development is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Ansar Financial and Development's expected growth come at a high price?
Raw Data
CNSX:AFD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 428.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
36%per year
North America Real Estate Industry PEG Ratio Median Figure of 13 Publicly-Listed Real Estate Companies 0.39x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.98x

*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 Ansar Financial and Development, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ansar Financial and Development's assets?
Raw Data
CNSX:AFD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.99
CNSX:AFD Share Price * CNSX (2019-09-10) in CAD CA$0.64
Canada Real Estate Industry PB Ratio Median Figure of 40 Publicly-Listed Real Estate Companies 0.84x
Canada Market PB Ratio Median Figure of 2,452 Publicly-Listed Companies 1.44x
CNSX:AFD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:AFD Share Price ÷ Book Value per Share (both in CAD)

= 0.64 ÷ 0.99

0.65x

* Primary Listing of Ansar Financial and Development.

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

  • Ansar Financial and Development is good value based on assets compared to the CA Real Estate industry average.
X
Value checks
We assess Ansar Financial and Development'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Ansar Financial and Development has a total score of 1/6, 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 Ansar Financial and Development expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ansar Financial and Development, future earnings growth has been estimated based on fundamentals.
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
36%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ansar Financial and Development expected to grow at an attractive rate?
  • Ansar Financial and Development's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Ansar Financial and Development's earnings growth is expected to exceed the Canada market average.
  • Unable to compare Ansar Financial and Development's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:AFD Future Growth Rates Data Sources
Data Point Source Value (per year)
CNSX:AFD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 36%
Canada Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 34.4%
Canada Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6%

*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
CNSX:AFD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:AFD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 0 0 0
2019-03-31 0 0 0
2018-12-31 0 0 0
2018-09-30 0 0 0
2018-06-30 0 0 0
2018-03-31 0 0 0
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 -1 0
2016-09-30 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ansar Financial and Development's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Ansar Financial and Development 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.
Raw Data
CNSX:AFD 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 0 Analyst Estimates (S&P Global) See Below

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

CNSX:AFD Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 0.00
2019-03-31 0.00
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.00
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.01
2016-12-31 0.02
2016-09-30 0.01

*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 Ansar Financial and Development will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ansar Financial and Development'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Ansar Financial and Development has a total score of 3/6, 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 Ansar Financial and Development 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 Ansar Financial and Development's growth in the last year to its industry (Real Estate).
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.
  • Ansar Financial and Development's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Ansar Financial and Development's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Ansar Financial and Development's 1-year earnings growth is negative, it can't be compared to the CA Real Estate industry average.
Earnings and Revenue History
Ansar Financial and Development'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 Ansar Financial and Development Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:AFD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 0.15 0.02 0.06
2019-03-31 0.13 0.01 0.06
2018-12-31 0.11 0.15 0.06
2018-09-30 0.08 0.11 0.07
2018-06-30 0.04 0.08 0.07
2018-03-31 0.05 0.08 0.08
2017-12-31 0.05 -0.06 0.09
2017-09-30 0.05 0.10 0.09
2017-06-30 0.04 0.10 0.08
2017-03-31 0.04 0.10 0.08
2016-12-31 0.04 0.30 0.07
2016-09-30 0.04 0.15 0.07
2016-06-30 0.04 0.20 0.07
2016-03-31 0.04 0.20 0.07
2015-12-31 0.04 0.06 0.06
2015-09-30 -0.04 0.12 -0.02
2015-06-30 0.50 0.54 0.07
2015-03-31 0.50 0.54 0.06
2014-12-31 0.00 0.59 0.06
2014-09-30 0.10 0.56 0.14
2014-06-30 -0.45 0.09 0.06
2014-03-31 0.03 0.58 0.05
2013-12-31 0.52 0.45 0.05
2013-09-30 0.51 0.44 0.05
2013-06-30 0.51 0.43 0.06
2013-03-31 0.02 -0.06 0.07
2012-12-31 -0.08 -0.05 0.07
2012-09-30 0.04 0.06 0.07

*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.
  • Ansar Financial and Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ansar Financial and Development used its assets less efficiently than the CA Real Estate industry average last year based on Return on Assets.
  • Ansar Financial and Development has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Ansar Financial and Development'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 Real Estate 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.
Ansar Financial and Development has a total score of 1/6, 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 Ansar Financial and Development'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 Ansar Financial and Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ansar Financial and Development is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ansar Financial and Development has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ansar Financial and Development'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.
  • High level of physical assets or inventory.
  • Ansar Financial and Development has no debt, it does not need to be covered by short term assets.
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 Ansar Financial and Development Company Filings, last reported 2 months ago.

CNSX:AFD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 16.45 0.00 1.10
2019-03-31 16.44 0.00 1.14
2018-12-31 16.48 0.00 1.12
2018-09-30 16.44 0.00 1.08
2018-06-30 16.41 0.00 1.08
2018-03-31 16.20 0.00 2.19
2017-12-31 16.56 0.00 2.50
2017-09-30 18.25 0.00 4.19
2017-06-30 18.27 0.00 4.22
2017-03-31 18.29 0.00 4.26
2016-12-31 18.32 0.00 4.27
2016-09-30 18.16 0.00 4.07
2016-06-30 18.17 0.00 4.10
2016-03-31 18.19 0.00 4.12
2015-12-31 18.02 0.00 3.17
2015-09-30 18.02 0.00 3.12
2015-06-30 17.98 0.00 3.20
2015-03-31 18.16 0.00 2.32
2014-12-31 18.14 0.00 2.34
2014-09-30 18.02 0.23 2.16
2014-06-30 17.57 0.00 2.19
2014-03-31 17.58 1.20 2.26
2013-12-31 17.49 1.20 2.14
2013-09-30 17.47 1.20 2.13
2013-06-30 17.48 1.20 2.16
2013-03-31 17.00 1.80 2.28
2012-12-31 17.04 1.80 2.29
2012-09-30 17.02 1.80 2.28
  • Ansar Financial and Development has no debt.
  • Ansar Financial and Development had no debt 5 years ago.
  • Ansar Financial and Development has no debt, it does not need to be covered by operating cash flow.
  • Ansar Financial and Development has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Ansar Financial and Development'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. Ansar Financial and Development has a total score of 6/6, 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 Ansar Financial and Development'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 Ansar Financial and Development dividends.
If you bought CA$2,000 of Ansar Financial and Development 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 Ansar Financial and Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ansar Financial and Development'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
CNSX:AFD 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 0 Analyst Estimates (S&P Global) See Below
Canada Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 1.9%
Canada Market Average Dividend Yield Market Cap Weighted Average of 333 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

CNSX:AFD Past Annualized Dividends Data
Date (Data in CA$) Dividend per share (annual) Avg. Yield (%)
2019-09-03 0.000 0.000
2019-07-30 0.000 0.000
2019-03-05 0.000 0.000
2018-11-28 0.000 0.000
2018-08-29 0.000 0.000
2018-07-30 0.000 0.000
2017-07-28 0.030 4.580

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

  • Unable to perform a dividend volatility check as Ansar Financial and Development has not reported any payouts.
  • Unable to verify if Ansar Financial and Development's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ansar Financial and Development's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ansar Financial and Development 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 Ansar Financial and Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Ansar Financial and Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ansar Financial and Development 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 Ansar Financial and Development'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
Pervez Nasim
COMPENSATION CA$15,343
AGE 70
TENURE AS CEO 11.7 years
CEO Bio

Mr. Pervez Nasim has been the Chairman and Chief Executive Officer at Ansar Financial and Development Corporation since January 29, 2008. Mr. Nasim serves as the Chairman and Chief Executive Officer of Ansarco Inc., Ansarco (1) Inc. and Ansar Financial and Investment Services Inc. which are heavily involved in land development and construction in both Ontario and Alberta. Until 2004, Mr. Nasim was employed for 27 years by the Ontario Ministry of Finance in the audit and taxation areas. Prior to his employment with the Ministry of Finance, Mr. Nasim was employed in various accounting and administration roles in the private sector in the retail, finance and construction industries. Mr. Nasim earned a Bachelor of Commerce from the University of Delhi and is a Certified Management Accountant.

CEO Compensation
  • Pervez's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Pervez's remuneration is lower than average for companies of similar size in Canada.
Management Team

Pervez Nasim

TITLE
Chairman & CEO
COMPENSATION
CA$15K
AGE
70
TENURE
11.7 yrs

Mohammed Jalaluddin

TITLE
President
COMPENSATION
CA$12K
AGE
70
TENURE
11.7 yrs

Shahnaz Kashem

TITLE
Chief Financial Officer
Board of Directors Tenure

Average tenure and age of the Ansar Financial and Development board of directors in years:

10.8
Average Tenure
70
Average Age
  • The average tenure for the Ansar Financial and Development board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Pervez Nasim

TITLE
Chairman & CEO
COMPENSATION
CA$15K
AGE
70
TENURE
10.8 yrs

Mohammed Jalaluddin

TITLE
President
COMPENSATION
CA$12K
AGE
70
TENURE
10.8 yrs

Shahzad Rahamatullah

TITLE
Independent Director
COMPENSATION
CA$200
AGE
55
TENURE
10.8 yrs

Muhammed Ali

TITLE
Independent Director
COMPENSATION
CA$200
TENURE
5 yrs

Ahmed Jama

TITLE
Independent Director
COMPENSATION
CA$200
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
11. Sep 19 Buy 1095142 Ontario Ltd Company 10. Sep 19 10. Sep 19 25,500 CA$0.64 CA$15,460
22. Jul 19 Buy Ansarco(1) Inc. Company 19. Jul 19 19. Jul 19 12,000 CA$0.65 CA$7,800
11. Jul 19 Sell Ansarco(1) Inc. Company 10. Jul 19 10. Jul 19 -5,000 CA$0.65 CA$-3,250
11. Jun 19 Buy Ansarco(1) Inc. Company 10. Jun 19 10. Jun 19 13,000 CA$0.62 CA$8,060
30. May 19 Buy Ansarco(1) Inc. Company 29. May 19 29. May 19 7,500 CA$0.64 CA$4,800
01. May 19 Buy Ansarco(1) Inc. Company 30. Apr 19 30. Apr 19 10,000 CA$0.64 CA$6,400
27. Feb 19 Buy Ansarco(1) Inc. Company 26. Feb 19 26. Feb 19 10,000 CA$0.62 CA$6,200
11. Feb 19 Buy Ansarco(1) Inc. Company 08. Feb 19 08. Feb 19 6,000 CA$0.62 CA$3,720
07. Feb 19 Buy Ansarco(1) Inc. Company 06. Feb 19 06. Feb 19 12,500 CA$0.61 CA$7,625
11. Jan 19 Buy Ansarco(1) Inc. Company 10. Jan 19 10. Jan 19 21,000 CA$0.60 CA$12,600
08. Jan 19 Buy Ansarco(1) Inc. Company 04. Jan 19 04. Jan 19 2,000 CA$0.59 CA$1,180
03. Jan 19 Buy 1095142 Ontario Ltd Company 02. Jan 19 02. Jan 19 2,500 CA$0.59 CA$1,475
02. Jan 19 Buy 1095142 Ontario Ltd Company 31. Dec 18 31. Dec 18 1,000 CA$0.60 CA$600
25. Dec 18 Buy Ansarco(1) Inc. Company 21. Dec 18 21. Dec 18 8,500 CA$0.59 CA$5,015
12. Dec 18 Buy Ansarco(1) Inc. Company 11. Dec 18 11. Dec 18 5,000 CA$0.61 CA$3,050
04. Dec 18 Buy Ansarco(1) Inc. Company 30. Nov 18 30. Nov 18 9,500 CA$0.60 CA$5,700
26. Nov 18 Buy Ansarco(1) Inc. Company 23. Nov 18 23. Nov 18 4,000 CA$0.59 CA$2,360
18. Nov 18 Buy Ansarco(1) Inc. Company 15. Nov 18 15. Nov 18 4,500 CA$0.56 CA$2,520
14. Nov 18 Buy Ansarco(1) Inc. Company 13. Nov 18 13. Nov 18 3,500 CA$0.51 CA$1,785
09. Nov 18 Buy Ansarco(1) Inc. Company 08. Nov 18 08. Nov 18 7,000 CA$0.58 CA$4,060
08. Nov 18 Buy Ansarco(1) Inc. Company 07. Nov 18 07. Nov 18 20,500 CA$0.50 CA$10,225
29. Oct 18 Buy Ansarco(1) Inc. Company 26. Oct 18 26. Oct 18 5,000 CA$0.60 CA$3,000
24. Oct 18 Buy 1095142 Ontario Ltd Company 23. Oct 18 23. Oct 18 1,500 CA$0.57 CA$855
15. Oct 18 Buy Ansarco(1) Inc. Company 12. Oct 18 12. Oct 18 5,000 CA$0.57 CA$2,850
15. Oct 18 Buy 1095142 Ontario Ltd Company 12. Oct 18 12. Oct 18 2,000 CA$0.67 CA$1,340
12. Oct 18 Buy Ansarco(1) Inc. Company 11. Oct 18 12. Oct 18 11,500 CA$0.47 CA$5,394
19. Sep 18 Buy 1095142 Ontario Ltd Company 18. Sep 18 18. Sep 18 10,000 CA$0.57 CA$5,700
X
Management checks
We assess Ansar Financial and Development'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. Ansar Financial and Development 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

Volatility 101: Should Ansar Financial and Development (CNSX:AFD) Shares Have Dropped 28%?

While not a mind-blowing move, it is good to see that the Ansar Financial and Development Corporation (CNSX:AFD) share price has gained 14% in the last three months. … See our latest analysis for Ansar Financial and Development With just CA$110,571 worth of revenue in twelve months, we don't think the market considers Ansar Financial and Development to have proven its business plan. … Investors will be hoping that Ansar Financial and Development can make progress and gain better traction for the business, before it runs low on cash.

Simply Wall St -

Should Ansar Financial and Development Corporation (CNSX:AFD) Be Part Of Your Income Portfolio?

Dividend paying stocks like Ansar Financial and Development Corporation (CNSX:AFD) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. … Ansar Financial and Development pays a 5.0% dividend yield, and has been paying dividends for the past two years. … Cash is slightly more important than profit from a dividend perspective, but given Ansar Financial and Development's payments were not well covered by either earnings or cash flow, we are concerned about the sustainability of this dividend.

Simply Wall St -

What Type Of Shareholder Owns Ansar Financial and Development Corporation's (CNSX:AFD)?

If you want to know who really controls Ansar Financial and Development Corporation (CNSX:AFD), then you'll have to look at the makeup of its share registry. … With a market capitalization of CA$10m, Ansar Financial and Development is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that

Simply Wall St -

Is Ansar Financial and Development Corporation (CNSX:AFD) A Strong Dividend Stock?

Ansar Financial and Development Corporation (CNSX:AFD) has paid a dividend to shareholders in the last few years. … Does Ansar Financial and Development tick all the boxes of a great dividend stock? … See our latest analysis for Ansar Financial and Development

Simply Wall St -

What Kind Of Investor Owns Most Of Ansar Financial and Development Corporation (CNSX:AFD)?

A look at the shareholders of Ansar Financial and Development Corporation (CNSX:AFD) can tell us which group is most powerful. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of CA$7.7m, Ansar Financial and Development is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

Does Ansar Financial and Development Corporation (CNSX:AFD) Have A Place In Your Dividend Stock Portfolio?

Ansar Financial and Development Corporation (CNSX:AFD) has started paying a dividend to shareholders. … Does Ansar Financial and Development tick all the boxes of a great dividend stock? … Check out our latest analysis for Ansar Financial and Development

Simply Wall St -

Who Really Owns Ansar Financial and Development Corporation (CNSX:AFD)?

In this article, I will take a quick look at Ansar Financial and Development Corporation’s (CNSX:AFD) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … View our latest analysis for Ansar Financial and Development

Simply Wall St -

Ansar Financial and Development Corporation (CNSX:AFD): Time For A Financial Health Check

Ansar Financial and Development Corporation (CNSX:AFD), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is financial flexibility worth the lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Company Info

Description

Ansar Financial and Development Corporation, a real estate corporation, acquires, owns, and resells properties in Canada. The company purchases, develops, and sells residential lots near the Edmonton Airport in Alberta, as well as commercial/industrial lots near Calgary, Alberta. Ansar Financial and Development Corporation was incorporated in 2008 and is based in Toronto, Canada.

Details
Name: Ansar Financial and Development Corporation
AFD
Exchange: CNSX
Founded: 2008
CA$9,914,344
15,491,164
Website: http://www.ansarfinancial.com
Address: Ansar Financial and Development Corporation
1825 Markham Road,
Suite 209,
Toronto,
Ontario, M1B 4Z9,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX AFD Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
Ansar Financial and Development employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/15 01:25
End of day share price update: 2019/09/10 00:00
Last earnings filing: 2019/08/29
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


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.