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Tervita

DB:30WA
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
30WA
DB
CA$368M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Tervita Corporation operates as a waste and environmentally focused energy service provider in Canada and the United States. The last earnings update was 29 days ago. More info.


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  • Tervita has significant price volatility in the past 3 months.
30WA Share Price and Events
7 Day Returns
15.2%
DB:30WA
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-48.5%
DB:30WA
-57.2%
Europe Energy Services
-20.9%
DE Market
30WA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tervita (30WA) 15.2% -53.5% -58.8% -48.5% - -
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 30WA outperformed the Energy Services industry which returned -57.2% over the past year.
  • 30WA underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Tervita 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 Tervita 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 Tervita.

DB:30WA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.4%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

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 DB:30WA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 26.5%) (233.06%))
1.987
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.99
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.987 * 5.44%)
10.42%

Discounted Cash Flow Calculation for DB:30WA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Tervita 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.

DB:30WA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 10.42%)
2020 52.82 Analyst x5 47.84
2021 63.60 Analyst x5 52.16
2022 135.00 Analyst x1 100.28
2023 177.51 Est @ 31.49% 119.41
2024 216.43 Est @ 21.92% 131.86
2025 249.39 Est @ 15.23% 137.60
2026 275.69 Est @ 10.54% 137.76
2027 295.71 Est @ 7.26% 133.82
2028 310.40 Est @ 4.97% 127.22
2029 320.83 Est @ 3.36% 119.09
Present value of next 10 years cash flows CA$1,107.00
DB:30WA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$320.83 × (1 + -0.39%) ÷ (10.42% – -0.39%)
CA$2,956.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$2,956.74 ÷ (1 + 10.42%)10
CA$1,097.47
DB:30WA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$1,107.00 + CA$1,097.47
CA$2,204.47
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$2,204.47 / 113.28
CA$19.46
DB:30WA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:30WA represents 0.65231x of TSX:TEV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.65231x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 19.46 x 0.65231
€12.69
Value per share (EUR) From above. €12.69
Current discount Discount to share price of €2.12
= -1 x (€2.12 - €12.69) / €12.69
83.3%

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

Current Discount
Amount off the current price Tervita is available for.
Intrinsic value
>50%
Share price is €2.12 vs Future cash flow value of €12.69
Current Discount Checks
For Tervita to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Tervita's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Tervita'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 Tervita's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tervita's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:30WA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CAD CA$-0.99
TSX:TEV Share Price ** TSX (2020-04-06) in CAD CA$3.25
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

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

** Primary Listing of Tervita.

DB:30WA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:TEV Share Price ÷ EPS (both in CAD)

= 3.25 ÷ -0.99

-3.27x

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

  • Tervita is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Tervita is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Tervita's expected growth come at a high price?
Raw Data
DB:30WA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
85.1%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*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 Tervita, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tervita's assets?
Raw Data
DB:30WA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CAD CA$1.96
TSX:TEV Share Price * TSX (2020-04-06) in CAD CA$3.25
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:30WA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:TEV Share Price ÷ Book Value per Share (both in CAD)

= 3.25 ÷ 1.96

1.66x

* Primary Listing of Tervita.

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

  • Tervita is overvalued based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Tervita'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 Energy 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 Energy Services industry average (and greater than 0)? (1 check)
  5. Tervita has a total score of 2/6, 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 Tervita expected to perform in the next 1 to 3 years based on estimates from 5 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
85.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tervita expected to grow at an attractive rate?
  • Unable to compare Tervita's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Tervita's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Tervita's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:30WA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:30WA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 85.1%
DB:30WA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts -2.3%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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
DB:30WA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:30WA Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31
2021-12-31 2,243 114 -17 5
2020-12-31 1,949 108 -36 5
2020-04-07
DB:30WA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,323 128 -116
2019-09-30 2,134 151 -26
2019-06-30 2,165 128 -80
2019-03-31 2,115 103 -80
2018-12-31 1,974 96 -74
2018-09-30 2,178 86 -106
2018-06-30 1,973 76 -64
2018-03-31 2,040 102 -77
2017-12-31 2,329 105 -82

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Tervita is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Tervita's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
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
DB:30WA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Tervita Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:30WA Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 -0.15 -0.07 -0.31 4.00
2020-12-31 -0.32 -0.18 -0.42 4.00
2020-04-07
DB:30WA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-12-31 -0.99
2019-09-30 -0.22
2019-06-30 -0.68
2019-03-31 -0.70
2018-12-31 -0.67
2018-09-30 -0.99
2018-06-30 -0.61
2018-03-31 -0.74
2017-12-31 -0.78

*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 Tervita will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Tervita'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Tervita has a total score of 0/6, 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 Tervita 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 Tervita's growth in the last year to its industry (Energy 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.
  • Tervita does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Tervita's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Tervita's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Tervita'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 Tervita Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:30WA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,323.00 -116.00 55.00
2019-09-30 2,134.00 -26.00 57.00
2019-06-30 2,165.00 -80.00 59.00
2019-03-31 2,115.00 -80.00 58.00
2018-12-31 1,974.00 -74.00 53.00
2018-09-30 2,178.00 -106.00 49.00
2018-06-30 1,973.00 -64.00 37.00
2018-03-31 2,040.00 -77.00 37.00
2017-12-31 2,329.00 -82.00 46.00
2016-12-31 2,004.00 676.00 71.00
2015-12-31 2,745.00 -927.00 86.00

*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 Tervita has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Tervita has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Tervita 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 Tervita'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 Energy 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.
Tervita 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 Tervita'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 Tervita's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tervita is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Tervita's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Tervita'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.
  • Debt is not covered by short term assets, assets are 0.3x 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 Tervita Company Filings, last reported 3 months ago.

DB:30WA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 224.00 760.00 22.00
2019-09-30 363.00 789.00 81.00
2019-06-30 358.00 786.00 67.00
2019-03-31 365.00 796.00 56.00
2018-12-31 371.00 805.00 46.00
2018-09-30 437.00 786.00 66.00
2018-06-30 331.00 796.00 117.00
2018-03-31 329.00 475.00 133.00
2017-12-31 333.00 468.00 124.00
2016-12-31 406.00 471.00 89.00
2015-12-31 -1,082.00 2,761.00 189.00
  • Tervita's level of debt (339.3%) compared to net worth is high (greater than 40%).
  • Unable to establish if Tervita'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.

  • Tervita has sufficient cash runway for 2 years based on current free cash flow.
  • Unable to confirm if Tervita has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Tervita'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. Tervita has a total score of 2/6, 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 Tervita'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 Tervita dividends. Estimated to be 0% next year.
If you bought €2,000 of Tervita shares you are expected to receive €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 Tervita's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tervita'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
DB:30WA 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 5 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:30WA Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31 0.00 1.00
2020-04-07

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

  • Unable to perform a dividend volatility check as Tervita has not reported any payouts.
  • Unable to verify if Tervita's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tervita's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tervita has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Tervita's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Tervita's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Tervita afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tervita 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 Tervita'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
John Cooper
COMPENSATION CA$2,283,435
AGE 59
TENURE AS CEO 2.8 years
CEO Bio

Mr. John William Cooper has been Chief Executive Officer of Tervita Corporation since July 14, 2017 and has been its President since July 2017. Mr. Cooper has been Chief Operating Officer of Tervita Corporation since April 23, 2019. He serves as a Director of Tervita Corporation since July 2017. He serves as the Chief Executive Officer of ClearStream Energy Holdings LP. Mr. Cooper was Chief Executive Officer of EnerMAX Services Inc (alternate name EnerMAX Services Limited Partnership) and its President since 2008. He served as the Chief Executive Officer of ClearStream Energy Services Inc. from November 8, 2016 to June 12, 2017. Mr. Cooper served as Chief Executive Officer of Clearstream Energy Services LP at Tuckamore Capital Management Inc. since April 2015 until November 8, 2016. He served as Chief Operating Officer and Executive Vice President of Operations at Savanna Energy Services Corp. from 2011 to March 27, 2015. He served as Vice-President of Operations at Savanna Energy Services Corp. He served as General Manager of Western Canada Market Area at Waste Management of Canada Corporation from 2004 to 2007. Prior to, he served as President of Superior Propane at Superior Plus Corp. He served as Director of Imaging Dynamics Company Ltd. since May 11, 2007. Mr. Cooper has more than 30 years of leadership and public company experience in the energy distribution and logistics industries. Mr. Cooper has a broad experience in leading organizations and building operating teams in diverse business environments from both an operational and executive perspective, with a strong commitment to values-based leadership. He served as a Director of ClearStream Energy Services Inc. since November 8, 2016 until November 2017. Mr. Cooper received his BA in Mathematics and Economics from the University of Western Ontario.

CEO Compensation
  • John's compensation has increased whilst company is loss making.
  • John's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the Tervita management team in years:

0.9
Average Tenure
  • The average tenure for the Tervita management team is less than 2 years, this suggests a new team.
Management Team

John Cooper

TITLE
CEO, President
COMPENSATION
CA$2M
AGE
59
TENURE
2.8 yrs

Rob Dawson

TITLE
Executive Vice President of Strategy & Corporate Development
COMPENSATION
CA$1M
TENURE
0.9 yrs

Shandy Vida

TITLE
President of Metals Recycling
COMPENSATION
CA$622K

Duane Burkard

TITLE
Vice President of Energy Services
COMPENSATION
CA$887K

Linda Dietsche

TITLE
Chief Financial Officer
AGE
56
TENURE
0.9 yrs

Garry Wegleitner

TITLE
President of BECK Drilling & Environment Services Ltd
Board of Directors Tenure

Average tenure and age of the Tervita board of directors in years:

2.8
Average Tenure
60.5
Average Age
  • The average tenure for the Tervita board of directors is less than 3 years, this suggests a new board.
Board of Directors

Grant Billing

TITLE
Independent Chairman of the Board
COMPENSATION
CA$225K
AGE
67

John Cooper

TITLE
CEO, President
COMPENSATION
CA$2M
AGE
59
TENURE
2.8 yrs

Allen Hagerman

TITLE
Independent Director
COMPENSATION
CA$159K
AGE
68
TENURE
3.3 yrs

Jay Thornton

TITLE
Independent Director
COMPENSATION
CA$151K
AGE
62
TENURE
3.3 yrs

Cam Kramer

TITLE
Independent Director
COMPENSATION
CA$151K
AGE
51
TENURE
3.3 yrs

Kevin Walbridge

TITLE
Independent Director
COMPENSATION
CA$144K
AGE
58
TENURE
2.8 yrs

Doug Ramsay

TITLE
Independent Director
COMPENSATION
CA$151K
AGE
63
TENURE
3.3 yrs

Gord Pridham

TITLE
Independent Director
COMPENSATION
CA$65K
AGE
64
TENURE
1.8 yrs

Michael Colodner

TITLE
Director
AGE
36
TENURE
1.8 yrs

Sue Rose

TITLE
Independent Director
COMPENSATION
CA$65K
AGE
54
TENURE
1.8 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 (€) Value (€)
21. May 19 Buy Solus Alternative Asset Management L.P. Company 16. May 19 16. May 19 2,500,000 €4.33 €10,820,514
X
Management checks
We assess Tervita'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. Tervita 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

Company Info

Description

Tervita Corporation operates as a waste and environmentally focused energy service provider in Canada and the United States. It operates in two segments, Energy Services and Industrial Services. The Energy Services segment treats, recovers, and disposes fluids; provides oil terminalling and energy marketing services; processes and disposes solid materials; disposes oilfield-generated waste; offers onsite services using centrifugation or other processes for heavy oil producers involved in mining and in situ production; and supplies and operates drill site processing equipment, such as solids control and drill cuttings management. The Industrial Services segment provides site remediation, facility decommissioning, water treatment, sludge and slurry management, bio-remediation, emergency response, and rail, as well as hazardous and non-hazardous waste management, and disposal services; and technologies. This segment also offers recycling services that include purchase and processing of ferrous and non-ferrous metals recovered from demolition sites and other locations. As of December 31, 2019, the company operated 107 active waste processing, disposal, and industrial facilities, including 47 treatment, recovery, and disposal facilities; seven stand-alone disposal wells; three cavern disposal facilities; seven onsite facilities; 24 engineered landfills; four transfer stations; one naturally occurring radioactive material facility; nine bioremediation facilities; and five metals recycling facilities. It serves oil and gas industry, and industrial and natural resource sectors. The company was formerly known as CCS Corporation and changed its name to Tervita Corporation in March 2012. Tervita Corporation was founded in 1979 and is headquartered in Calgary, Canada.

Details
Name: Tervita Corporation
30WA
Exchange: DB
Founded: 1979
CA$240,642,154
113,276,432
Website: http://www.tervita.com
Address: Tervita Corporation
140 - 10th Avenue SE,
Suite 1600,
Calgary,
Alberta, T2G 0R1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX TEV Common Shares The Toronto Stock Exchange CA CAD 20. Jul 2018
OTCPK TRVC.F Common Shares Pink Sheets LLC US USD 20. Jul 2018
DB 30WA Common Shares Deutsche Boerse AG DE EUR 20. Jul 2018
Number of employees
Current staff
Staff numbers
1,552
Tervita employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 02:34
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/09
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.