WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:WEB - CA95716A2011 - Common Stock
2 CAD
-0.04 (-1.96%)
Taking everything into account, WEB scores 4 out of 10 in our fundamental rating. WEB was compared to 32 industry peers in the Independent Power and Renewable Electricity Producers industry. While WEB seems to be doing ok healthwise, there are quite some concerns on its profitability. WEB has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- WEB had positive earnings in the past year.
- WEB had a negative operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: WEB reported negative net income in multiple years.
- In the past 5 years WEB always reported negative operating cash flow.
1.2 Ratios
- The Return On Assets of WEB (32.20%) is better than 96.88% of its industry peers.
- WEB has a Return On Equity of 34.33%. This is amongst the best in the industry. WEB outperforms 96.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 32.2% | ||
| ROE | 34.33% | ||
| ROIC | N/A |
ROA(3y)16.41%
ROA(5y)-54.71%
ROE(3y)5.71%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Profit Margin and Operating Margin and Gross Margin are not available for WEB so they could not be analyzed.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
- Compared to 1 year ago, WEB has more shares outstanding
- Compared to 5 years ago, WEB has more shares outstanding
- Compared to 1 year ago, WEB has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 10.76 indicates that WEB is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 10.76, WEB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.03 indicates that WEB is not too dependend on debt financing.
- The Debt to Equity ratio of WEB (0.03) is better than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 10.76 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- WEB has a Current Ratio of 19.24. This indicates that WEB is financially healthy and has no problem in meeting its short term obligations.
- WEB's Current ratio of 19.24 is amongst the best of the industry. WEB outperforms 100.00% of its industry peers.
- A Quick Ratio of 19.24 indicates that WEB has no problem at all paying its short term obligations.
- With an excellent Quick ratio value of 19.24, WEB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 19.24 | ||
| Quick Ratio | 19.24 |
3. Growth
3.1 Past
- The earnings per share for WEB have decreased strongly by -76.49% in the last year.
- WEB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 111.89% yearly.
EPS 1Y (TTM)-76.49%
EPS 3Y111.89%
EPS 5YN/A
EPS Q2Q%-204.57%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
3.2 Future
- The Earnings Per Share is expected to grow by 27.16% on average over the next years. This is a very strong growth
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-46.07%
EPS Next 2Y46.74%
EPS Next 3Y-31.47%
EPS Next 5Y27.16%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 3.28, which indicates a rather cheap valuation of WEB.
- 96.88% of the companies in the same industry are more expensive than WEB, based on the Price/Earnings ratio.
- WEB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.21.
- WEB is valuated cheaply with a Price/Forward Earnings ratio of 0.37.
- Based on the Price/Forward Earnings ratio, WEB is valued cheaper than 100.00% of the companies in the same industry.
- WEB is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.26, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.28 | ||
| Fwd PE | 0.37 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- WEB's earnings are expected to decrease with -31.47% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y46.74%
EPS Next 3Y-31.47%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 10.00%, WEB is a good candidate for dividend investing.
- The stock price of WEB dropped by -25.37% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- WEB's Dividend Yield is rather good when compared to the industry average which is at 4.91. WEB pays more dividend than 96.88% of the companies in the same industry.
- WEB's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10% |
5.2 History
- WEB does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y46.74%
EPS Next 3Y-31.47%
WESTBRIDGE RENEWABLE ENERGY / WEB.CA FAQ
What is the ChartMill fundamental rating of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to WEB.CA.
What is the valuation status of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to WESTBRIDGE RENEWABLE ENERGY (WEB.CA). This can be considered as Fairly Valued.
What is the profitability of WEB stock?
WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has a profitability rating of 2 / 10.
How financially healthy is WESTBRIDGE RENEWABLE ENERGY?
The financial health rating of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) is 6 / 10.
What is the expected EPS growth for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
The Earnings per Share (EPS) of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) is expected to decline by -46.07% in the next year.