MIDWEST ENERGY EMISSIONS COR (MEEC.CA) Fundamental Analysis & Valuation

TSX-V:MEEC • US59833H1014

0.9 CAD
-0.05 (-5.26%)
Last: Nov 22, 2024, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MEEC.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to MEEC. MEEC was compared to 24 industry peers in the Commercial Services & Supplies industry. The financial health of MEEC is average, but there are quite some concerns on its profitability. MEEC is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

2

1. MEEC.CA Profitability Analysis

1.1 Basic Checks

  • MEEC had negative earnings in the past year.
  • In the past year MEEC had a positive cash flow from operations.
  • In the past 5 years MEEC reported 4 times negative net income.
  • In multiple years MEEC reported negative operating cash flow during the last 5 years.
MEEC.CA Yearly Net Income VS EBIT VS OCF VS FCFMEEC.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M

1.2 Ratios

  • MEEC's Return On Assets of -4.10% is on the low side compared to the rest of the industry. MEEC is outperformed by 64.29% of its industry peers.
  • MEEC has a Return On Equity of -27.11%. This is in the lower half of the industry: MEEC underperforms 67.86% of its industry peers.
Industry RankSector Rank
ROA -4.1%
ROE -27.11%
ROIC N/A
ROA(3y)-13.36%
ROA(5y)-36.97%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MEEC.CA Yearly ROA, ROE, ROICMEEC.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 200 -200 400 -400 -600

1.3 Margins

  • MEEC has a better Gross Margin (32.69%) than 60.71% of its industry peers.
  • In the last couple of years the Gross Margin of MEEC has grown nicely.
  • MEEC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 32.69%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.2%
GM growth 5Y4.65%
MEEC.CA Yearly Profit, Operating, Gross MarginsMEEC.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. MEEC.CA Health Analysis

2.1 Basic Checks

  • MEEC does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • MEEC has more shares outstanding than it did 1 year ago.
  • MEEC has a better debt/assets ratio than last year.
MEEC.CA Yearly Shares OutstandingMEEC.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M
MEEC.CA Yearly Total Debt VS Total AssetsMEEC.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M 25M

2.2 Solvency

  • Based on the Altman-Z score of -5.11, we must say that MEEC is in the distress zone and has some risk of bankruptcy.
  • MEEC has a worse Altman-Z score (-5.11) than 89.29% of its industry peers.
  • There is no outstanding debt for MEEC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.2
Altman-Z -5.11
ROIC/WACCN/A
WACC7.61%
MEEC.CA Yearly LT Debt VS Equity VS FCFMEEC.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M

2.3 Liquidity

  • MEEC has a Current Ratio of 1.74. This is a normal value and indicates that MEEC is financially healthy and should not expect problems in meeting its short term obligations.
  • MEEC has a Current ratio of 1.74. This is in the better half of the industry: MEEC outperforms 71.43% of its industry peers.
  • MEEC has a Quick Ratio of 1.59. This is a normal value and indicates that MEEC is financially healthy and should not expect problems in meeting its short term obligations.
  • MEEC's Quick ratio of 1.59 is fine compared to the rest of the industry. MEEC outperforms 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 1.59
MEEC.CA Yearly Current Assets VS Current LiabilitesMEEC.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. MEEC.CA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 36.40% over the past year.
  • The Revenue for MEEC has decreased by -12.50% in the past year. This is quite bad
  • The Revenue has been growing slightly by 7.84% on average over the past years.
EPS 1Y (TTM)36.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-551.9%
Revenue 1Y (TTM)-12.5%
Revenue growth 3Y30.03%
Revenue growth 5Y7.84%
Sales Q2Q%-18.25%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-25%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year41.58%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MEEC.CA Yearly Revenue VS EstimatesMEEC.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
MEEC.CA Yearly EPS VS EstimatesMEEC.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2018 2020 2021 2022 2023 2024 0 -0.1 -0.2 -0.3

More info and screens

Find the best growth stocksShow best growing peers

2

4. MEEC.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • MEEC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • A Price/Forward Earnings ratio of 21.00 indicates a rather expensive valuation of MEEC.
  • Based on the Price/Forward Earnings ratio, MEEC is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of MEEC to the average of the S&P500 Index (24.27), we can say MEEC is valued inline with the index average.
Industry RankSector Rank
PE N/A
Fwd PE 21
MEEC.CA Price Earnings VS Forward Price EarningsMEEC.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, MEEC is valued cheaply inside the industry as 96.43% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 3.91
EV/EBITDA N/A
MEEC.CA Per share dataMEEC.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.05 0.1 0.15 0.2 0.25

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MEEC.CA Dividend Analysis

5.1 Amount

  • No dividends for MEEC!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

MEEC.CA Fundamentals: All Metrics, Ratios and Statistics

MIDWEST ENERGY EMISSIONS COR

TSX-V:MEEC (11/22/2024, 7:00:00 PM)

0.9

-0.05 (-5.26%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryCommercial Services & Supplies
Earnings (Last)11-11
Earnings (Next)N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap86.56M
Revenue(TTM)17.74M
Net Income(TTM)-605.34K
Analysts82.86
Price Target1.47 (63.33%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 21
P/S 3.48
P/FCF 3.91
P/OCF 3.89
P/B 27.67
P/tB 97.89
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)0.04
Fwd EY4.76%
FCF(TTM)0.23
FCFY25.58%
OCF(TTM)0.23
OCFY25.69%
SpS0.26
BVpS0.03
TBVpS0.01
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -4.1%
ROE -27.11%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 32.69%
FCFM 89.12%
ROA(3y)-13.36%
ROA(5y)-36.97%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.2%
GM growth 5Y4.65%
F-Score6
Asset Turnover1.2
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.2
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.74
Quick Ratio 1.59
Altman-Z -5.11
F-Score6
WACC7.61%
ROIC/WACCN/A
Cap/Depr(3y)2.82%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.04%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.4%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-551.9%
EPS Next Y-25%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-12.5%
Revenue growth 3Y30.03%
Revenue growth 5Y7.84%
Sales Q2Q%-18.25%
Revenue Next Year41.58%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-12769.5%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1205.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1217.85%
OCF growth 3YN/A
OCF growth 5YN/A

MIDWEST ENERGY EMISSIONS COR / MEEC.CA FAQ

What is the fundamental rating for MEEC stock?

ChartMill assigns a fundamental rating of 3 / 10 to MEEC.CA.


What is the valuation status of MIDWEST ENERGY EMISSIONS COR (MEEC.CA) stock?

ChartMill assigns a valuation rating of 2 / 10 to MIDWEST ENERGY EMISSIONS COR (MEEC.CA). This can be considered as Overvalued.


What is the profitability of MEEC stock?

MIDWEST ENERGY EMISSIONS COR (MEEC.CA) has a profitability rating of 2 / 10.


What is the earnings growth outlook for MIDWEST ENERGY EMISSIONS COR?

The Earnings per Share (EPS) of MIDWEST ENERGY EMISSIONS COR (MEEC.CA) is expected to decline by -25% in the next year.