Logo image of TAIG.CA

TAIGA MOTORS CORP (TAIG.CA) Stock Fundamental Analysis

TSX:TAIG - Toronto Stock Exchange - CA87402F1071 - Common Stock - Currency: CAD

0.305  +0.01 (+1.67%)

Fundamental Rating

2

Taking everything into account, TAIG scores 2 out of 10 in our fundamental rating. TAIG was compared to 1 industry peers in the Leisure Products industry. TAIG has a bad profitability rating. Also its financial health evaluation is rather negative. TAIG shows excellent growth, but is valued quite expensive already.


Dividend Valuation Growth Profitability Health

Quickly go to:

0

1. Profitability

1.1 Basic Checks

In the past year TAIG has reported negative net income.
TAIG had a negative operating cash flow in the past year.
In the past 5 years TAIG always reported negative net income.
In the past 5 years TAIG reported 4 times negative operating cash flow.
TAIG.CA Yearly Net Income VS EBIT VS OCF VS FCFTAIG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 0 -20M -40M -60M -80M -100M

1.2 Ratios

The Return On Assets of TAIG (-94.51%) is worse than 66.67% of its industry peers.
Industry RankSector Rank
ROA -94.51%
ROE N/A
ROIC N/A
ROA(3y)-71.78%
ROA(5y)-44.17%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
TAIG.CA Yearly ROA, ROE, ROICTAIG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 0 2K 4K 6K 8K

1.3 Margins

TAIG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
TAIG.CA Yearly Profit, Operating, Gross MarginsTAIG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 -500 -1K -1.5K

More info and screens

1

2. Health

2.1 Basic Checks

TAIG does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TAIG remains at a similar level compared to 1 year ago.
The debt/assets ratio for TAIG is higher compared to a year ago.
TAIG.CA Yearly Shares OutstandingTAIG.CA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 10M 20M 30M 40M
TAIG.CA Yearly Total Debt VS Total AssetsTAIG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 50M 100M

2.2 Solvency

Based on the Altman-Z score of -8.77, we must say that TAIG is in the distress zone and has some risk of bankruptcy.
TAIG's Altman-Z score of -8.77 is on the low side compared to the rest of the industry. TAIG is outperformed by 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -8.77
ROIC/WACCN/A
WACC4.41%
TAIG.CA Yearly LT Debt VS Equity VS FCFTAIG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 50M -50M 100M

2.3 Liquidity

TAIG has a Current Ratio of 1.48. This is a normal value and indicates that TAIG is financially healthy and should not expect problems in meeting its short term obligations.
TAIG's Current ratio of 1.48 is fine compared to the rest of the industry. TAIG outperforms 66.67% of its industry peers.
A Quick Ratio of 0.24 indicates that TAIG may have some problems paying its short term obligations.
With a Quick ratio value of 0.24, TAIG is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.48
Quick Ratio 0.24
TAIG.CA Yearly Current Assets VS Current LiabilitesTAIG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

More info and screens

7

3. Growth

3.1 Past

TAIG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -15.96%.
Looking at the last year, TAIG shows a very strong growth in Revenue. The Revenue has grown by 305.78%.
TAIG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 229.70% yearly.
EPS 1Y (TTM)-15.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.22%
Revenue 1Y (TTM)305.78%
Revenue growth 3Y229.7%
Revenue growth 5YN/A
Sales Q2Q%193.48%

3.2 Future

Based on estimates for the next years, TAIG will show a very strong growth in Earnings Per Share. The EPS will grow by 25.39% on average per year.
The Revenue is expected to grow by 173.83% on average over the next years. This is a very strong growth
EPS Next Y15.99%
EPS Next 2Y36.96%
EPS Next 3Y25.39%
EPS Next 5YN/A
Revenue Next Year-27.66%
Revenue Next 2Y-3.46%
Revenue Next 3Y173.83%
Revenue Next 5YN/A

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
TAIG.CA Yearly Revenue VS EstimatesTAIG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M
TAIG.CA Yearly EPS VS EstimatesTAIG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 -1 -2 -3 -4

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for TAIG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for TAIG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TAIG.CA Price Earnings VS Forward Price EarningsTAIG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
TAIG.CA Per share dataTAIG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 -1 -1.5 -2

4.3 Compensation for Growth

A more expensive valuation may be justified as TAIG's earnings are expected to grow with 25.39% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.96%
EPS Next 3Y25.39%

More info and screens

0

5. Dividend

5.1 Amount

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

More info and screens

TAIGA MOTORS CORP

TSX:TAIG (7/10/2024, 7:00:00 PM)

0.305

+0.01 (+1.67%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryLeisure Products
Earnings (Last)05-13 2024-05-13
Earnings (Next)08-12 2024-08-12
Inst Owners4.26%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap9.71M
Analysts42.22
Price Target0.41 (34.43%)
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)-78.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-5.07%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-46.21%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.5
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-2.32
EYN/A
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)-1.92
FCFYN/A
OCF(TTM)-1.64
OCFYN/A
SpS0.61
BVpS-0.47
TBVpS-0.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -94.51%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-71.78%
ROA(5y)-44.17%
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
ROICexcg growth 3YN/A
ROICexcg 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 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 125.21%
Cap/Sales 46.31%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.48
Quick Ratio 0.24
Altman-Z -8.77
F-Score3
WACC4.41%
ROIC/WACCN/A
Cap/Depr(3y)704.86%
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-10.22%
EPS Next Y15.99%
EPS Next 2Y36.96%
EPS Next 3Y25.39%
EPS Next 5YN/A
Revenue 1Y (TTM)305.78%
Revenue growth 3Y229.7%
Revenue growth 5YN/A
Sales Q2Q%193.48%
Revenue Next Year-27.66%
Revenue Next 2Y-3.46%
Revenue Next 3Y173.83%
Revenue Next 5YN/A
EBIT growth 1Y-2.39%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year30.88%
EBIT Next 3Y33.77%
EBIT Next 5YN/A
FCF growth 1Y16.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.34%
OCF growth 3YN/A
OCF growth 5YN/A