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Routemaster Capital

OTCPK:RDNA.F
Snowflake Description

Mediocre balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDNA.F
OTCPK
CA$2M
Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

Routemaster Capital Inc. operates as a tier 2 investment issuer in Canada. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Routemaster Capital has significant price volatility in the past 3 months.
RDNA.F Share Price and Events
7 Day Returns
0%
OTCPK:RDNA.F
-0.8%
US Capital Markets
-1.4%
US Market
1 Year Returns
-24%
OTCPK:RDNA.F
15%
US Capital Markets
14.5%
US Market
RDNA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Routemaster Capital (RDNA.F) 0% -5% 15.2% -24% -52.5% -82.3%
US Capital Markets -0.8% 4.1% 6.4% 15% 30.8% 60%
US Market -1.4% 1.3% 4.6% 14.5% 35.7% 48.6%
1 Year Return vs Industry and Market
  • RDNA.F underperformed the Capital Markets industry which returned 15% over the past year.
  • RDNA.F underperformed the Market in United States of America which returned 14.5% over the past year.
Price Volatility
RDNA.F
Industry
5yr Volatility vs Market

Value

 Is Routemaster Capital 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 Routemaster Capital 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 Routemaster Capital.

OTCPK:RDNA.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Last reported Return on Equity.
= Stable Book Value * Return on Equity
= CA$-0.06 * -334.3%
CA$0.22
Book Value of Equity per Share Median Book Value from the past 5 years. CA$-0.06
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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 OTCPK:RDNA.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.763 (1 + (1- 26.5%) (0%))
0.841
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (0.841 * 5.44%)
6.32%

Discounted Cash Flow Calculation for OTCPK:RDNA.F using Excess Returns Model Model

The calculations below outline how an intrinsic value for Routemaster Capital is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

OTCPK:RDNA.F Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (-334.3% – 6.32%) * CA$-0.06)
CA$0.22
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CA$0.22 / (6.32% - 1.74%)
CA$4.80
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CA$-0.06 + CA$4.80
CA$4.73
OTCPK:RDNA.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:RDNA.F represents 0.63333x of TSXV:RM
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.63333x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 4.73 x 0.63333
$3.00
Value per share (USD) From above. $3.00
Current discount Discount to share price of $0.04
= -1 x ($0.04 - $3.00) / $3.00
98.7%

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

Current Discount
Amount off the current price Routemaster Capital is available for.
Intrinsic value
>50%
Share price is $0.04 vs Future cash flow value of $3
Current Discount Checks
For Routemaster Capital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Routemaster Capital's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Routemaster Capital'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 Routemaster Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Routemaster Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:RDNA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CAD CA$-0.11
TSXV:RM Share Price ** TSXV (2019-11-26) in CAD CA$0.06
United States of America Capital Markets Industry PE Ratio Median Figure of 82 Publicly-Listed Capital Markets Companies 32.88x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.23x

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

** Primary Listing of Routemaster Capital.

OTCPK:RDNA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 0.06 ÷ -0.11

-0.56x

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

  • Routemaster Capital is loss making, we can't compare its value to the US Capital Markets industry average.
  • Routemaster Capital is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Routemaster Capital's expected growth come at a high price?
Raw Data
OTCPK:RDNA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.56x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Capital Markets Industry PEG Ratio Median Figure of 37 Publicly-Listed Capital Markets Companies 2.15x
United States of America Market PEG Ratio Median Figure of 2,045 Publicly-Listed Companies 1.45x

*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 Routemaster Capital, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Routemaster Capital's assets?
Raw Data
OTCPK:RDNA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CAD CA$-0.13
TSXV:RM Share Price * TSXV (2019-11-26) in CAD CA$0.06
United States of America Capital Markets Industry PB Ratio Median Figure of 154 Publicly-Listed Capital Markets Companies 6.43x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.77x
OTCPK:RDNA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ -0.13

-0.48x

* Primary Listing of Routemaster Capital.

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

  • Routemaster Capital has negative assets, we can't compare the value of its assets to the US Capital Markets industry average.
X
Value checks
We assess Routemaster Capital'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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Routemaster Capital 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 Routemaster Capital expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Routemaster Capital 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 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
5.2%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Routemaster Capital expected to grow at an attractive rate?
  • Unable to compare Routemaster Capital's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Routemaster Capital's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Routemaster Capital's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:RDNA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 5.2%
United States of America Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
OTCPK:RDNA.F 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.
OTCPK:RDNA.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-09-30 -1 0 -4
2019-06-30 -3 0 -6
2019-03-31 -5 -1 -8
2018-12-31 -6 -1 -10
2018-09-30 -1 -2 -3
2018-06-30 0 -2 0
2018-03-31 3 -1 3
2017-12-31 4 -2 4
2017-09-30 0 0 0
2017-06-30 -1 -2 -1
2017-03-31 -1 -2 -1
2016-12-31 0 -3 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Routemaster Capital is high growth as no earnings estimate data is available.
  • Unable to determine if Routemaster Capital 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
OTCPK:RDNA.F 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 Routemaster Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RDNA.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-09-30 -0.11
2019-06-30 -0.14
2019-03-31 -0.20
2018-12-31 -0.24
2018-09-30 -0.08
2018-06-30 0.01
2018-03-31 0.10
2017-12-31 0.17
2017-09-30 0.01
2017-06-30 -0.05
2017-03-31 -0.06
2016-12-31 0.00

*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 Routemaster Capital will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Routemaster Capital's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  2. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Routemaster Capital's filings and announcements here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Routemaster Capital'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of 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.
Routemaster Capital 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 Routemaster Capital 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 Routemaster Capital's growth in the last year to its industry (Capital Markets).
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.
  • Routemaster Capital does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Routemaster Capital's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Routemaster Capital's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Routemaster Capital'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 Routemaster Capital Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RDNA.F 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 -1.41 -4.46 0.96
2019-06-30 -2.79 -5.95 1.07
2019-03-31 -4.83 -8.11 1.19
2018-12-31 -6.19 -9.79 1.51
2018-09-30 -1.36 -3.24 1.87
2018-06-30 0.48 0.35 2.06
2018-03-31 3.21 3.11 2.03
2017-12-31 3.99 4.09 1.83
2017-09-30 -0.28 0.25 1.38
2017-06-30 -0.82 -0.86 1.28
2017-03-31 -1.07 -0.94 1.17
2016-12-31 -0.19 -0.01 1.12
2016-09-30 0.03 0.29 1.08
2016-06-30 -0.79 0.84
2016-03-31 0.24 0.93
2015-12-31 0.00 0.46 0.93
2015-09-30 0.00 1.94 0.91
2015-06-30 2.19 0.98
2015-03-31 0.96 1.11
2014-12-31 0.70 1.15
2014-09-30 -2.07 1.21
2014-06-30 -2.51 1.45
2014-03-31 -6.46 1.79
2013-12-31 -6.47 1.86
2013-09-30 -5.13 1.92
2013-06-30 -5.37 2.06
2013-03-31 -1.79 1.91
2012-12-31 -1.58 2.09

*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 Routemaster Capital has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Routemaster Capital has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Routemaster Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Routemaster Capital'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 Capital Markets 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.
Routemaster Capital 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 Routemaster Capital'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 Routemaster Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Routemaster Capital's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Routemaster Capital has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Routemaster Capital'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.
  • Routemaster Capital has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Routemaster Capital Company Filings, last reported 2 months ago.

OTCPK:RDNA.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -0.90 0.00 0.88
2019-06-30 -0.80 0.00 0.87
2019-03-31 -0.16 0.00 1.44
2018-12-31 0.34 0.00 1.81
2018-09-30 3.57 0.00 2.80
2018-06-30 5.15 0.00 4.53
2018-03-31 7.95 0.00 7.72
2017-12-31 10.14 0.00 10.15
2017-09-30 5.55 0.00 5.31
2017-06-30 2.50 0.00 3.45
2017-03-31 2.04 0.00 2.94
2016-12-31 3.25 0.00 4.06
2016-09-30 3.76 0.00 4.27
2016-06-30 2.78 0.00 1.71
2016-03-31 2.89 0.00 2.10
2015-12-31 3.18 0.00 3.03
2015-09-30 3.40 0.00 0.17
2015-06-30 18.74 0.00 0.25
2015-03-31 17.38 0.00 0.39
2014-12-31 17.36 0.00 0.10
2014-09-30 15.48 0.61 0.13
2014-06-30 15.44 0.99 0.30
2014-03-31 15.75 0.97 0.84
2013-12-31 15.25 0.94 0.09
2013-09-30 16.47 0.50 0.10
2013-06-30 16.85 0.23 0.04
2013-03-31 21.12 0.23 0.20
2012-12-31 21.36 0.00 0.18
  • Routemaster Capital has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Routemaster Capital's debt level has increased considering it has negative shareholder equity.
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.

  • Whilst loss making Routemaster Capital has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Routemaster Capital has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -64.5% per year.
X
Financial health checks
We assess Routemaster Capital'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. Routemaster Capital has a total score of 3/6, 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 Routemaster Capital'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 Routemaster Capital dividends.
If you bought $2,000 of Routemaster Capital 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 Routemaster Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Routemaster Capital'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
OTCPK:RDNA.F 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
United States of America Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1958 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Routemaster Capital has not reported any payouts.
  • Unable to verify if Routemaster Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Routemaster Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Routemaster Capital 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 Routemaster Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Routemaster Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Routemaster Capital 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 Routemaster Capital'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
James Lanthier
AGE 44
TENURE AS CEO 0.2 years
CEO Bio

Mr. James Andre-Charles Lanthier has been President, Chief Executive Officer and a director of Routemaster Capital Inc. He serves as Chief Executive Officer, President and Director of Magnolia Colombia Ltd. since October 1, 2018. Mr. Lanthier has been a Director of Water Ways Technologies Inc. since March 2019. He serves as Chairman and Director of Cann-Is Capital Corp. He served as Chief Executive Officer of Tangelo Games Corp. since September 16, 2015. Mr. Lanthier has been Chief Executive Officer of Evolve Business Intelligence Inc. since January 2008. Mr. Lanthier served as the Chief Operating Officer at Mood Media Corporation until January 31, 2013. He served as the Chief Executive Officer of Ropart Asset Management Funds. He served as Chief Financial Officer of Mood Media Corporation Inc. from November 2008 to February 2010. Prior to Mood Media, he served as Chief Operating Officer of FUN Technologies, Inc. since July 12, 2006 and of Ropart Asset Management (RAM Equity). Mr. Lanthier held the roles, variously, of Chief Operating Officer, Chief Financial Officer and Vice Chairman. He served as Co-Founder, Chief Financial Officer and Vice President of Finance at FUN Technologies, Inc. until July 2006 and served as Secretary and Co-Secretary. He served as the Chairman at NYX Gaming Group Limited until May 11, 2016. He served as Vice Chairman of Mood Media Corporation. Mr. Lanthier joined CES in 2002. He worked at Petopia.com in San Francisco from October 1998 to January 2001 in a number of strategic planning and finance roles. He was Director of Tangelo Games Corp. since September 16, 2015. He served as a Non-Executive Director of Mood Media Corporation from June 17, 2008 to June 16, 2016 and served as its Director since June 17, 2008. He served as a Director at NYX Gaming Group Limited since December 30, 2014 until May 11, 2016. Mr. Lanthier holds MBA from the University of Toronto. Mr. Lanthier has an M.B.A from the Rotman School of Management where he was the recipient of the Schulich Prize for entrepreneurship and has a B.A. (Honours) from Queen's University.

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

Average tenure of the Routemaster Capital management team in years:

1
Average Tenure
  • The average tenure for the Routemaster Capital management team is less than 2 years, this suggests a new team.
Management Team

Ryan Ptolemy

TITLE
Chief Financial Officer
COMPENSATION
CA$30K
AGE
43
TENURE
10.2 yrs

James Lanthier

TITLE
President
AGE
44
TENURE
0.2 yrs

Kenny Choi

TITLE
Corporate Secretary
TENURE
1 yrs

Bob Cinq-Mars

TITLE
Processing Consultant
Board of Directors Tenure

Average tenure and age of the Routemaster Capital board of directors in years:

1.8
Average Tenure
63
Average Age
  • The average tenure for the Routemaster Capital board of directors is less than 3 years, this suggests a new board.
Board of Directors

James Lanthier

TITLE
President
AGE
44
TENURE
0.2 yrs

Tito Gandhi

TITLE
Independent Director
AGE
63
TENURE
3.3 yrs

Con Steers

TITLE
Independent Director
AGE
65
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 ($) Value ($)
X
Management checks
We assess Routemaster Capital'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. Routemaster Capital 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

Routemaster Capital Inc. operates as a tier 2 investment issuer in Canada. The company was formerly known as Rodinia Lithium Inc. and changed its name to Routemaster Capital Inc. in August 2016. Routemaster Capital Inc. is headquartered in Toronto, Canada.

Details
Name: Routemaster Capital Inc.
RDNA.F
Exchange: OTCPK
Founded:
CA$1,570,119
41,513,631
Website: http://www.routemastercapital.com
Address: Routemaster Capital Inc.
65 Queen Street West,
Suite 815,
Toronto,
Ontario, M5H 2M5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV RM Common Shares TSX Venture Exchange CA CAD 15. Sep 1988
OTCPK RDNA.F Common Shares Pink Sheets LLC US USD 15. Sep 1988
DB RMJR Common Shares Deutsche Boerse AG DE EUR 15. Sep 1988
Number of employees
Current staff
Staff numbers
0
Routemaster Capital employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/06 00:26
End of day share price update: 2019/11/26 00:00
Last earnings filing: 2019/11/15
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.