The Western Investment Company of Canada Limited (TSXV:WI)

TSXV:WI Statistics

Total Valuation

TSXV:WI has a market cap or net worth of CAD 95.31 million. The enterprise value is 44.85 million.

Market Cap	95.31M
Enterprise Value	44.85M

Important Dates

Earnings Date	n/a
Ex-Dividend Date	n/a

Share Statistics

TSXV:WI has 158.85 million shares outstanding. The number of shares has increased by 400.72% in one year.

Current Share Class	158.85M
Shares Outstanding	158.85M
Shares Change (YoY)	+400.72%
Shares Change (QoQ)	+2.27%
Owned by Insiders (%)	12.27%
Owned by Institutions (%)	12.39%
Float	139.36M

Valuation Ratios

The trailing PE ratio is 60.78.

PE Ratio	60.78
Forward PE	n/a
PS Ratio	3.37
PB Ratio	1.44
P/TBV Ratio	1.72
P/FCF Ratio	20.81
P/OCF Ratio	20.49
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 38.18, with an EV/FCF ratio of 9.79.

EV / Earnings	29.26
EV / Sales	1.59
EV / EBITDA	38.18
EV / EBIT	45.12
EV / FCF	9.79

Financial Position

The company has a current ratio of 8.44, with a Debt / Equity ratio of 0.02.

Current Ratio	8.44
Quick Ratio	8.25
Debt / Equity	0.02
Debt / EBITDA	0.89
Debt / FCF	0.23
Interest Coverage	0.81

Financial Efficiency

Return on equity (ROE) is 3.79% and return on invested capital (ROIC) is 1.42%.

Return on Equity (ROE)	3.79%
Return on Assets (ROA)	0.84%
Return on Invested Capital (ROIC)	1.42%
Return on Capital Employed (ROCE)	0.86%
Revenue Per Employee	14.14M
Profits Per Employee	766,362
Employee Count	2
Asset Turnover	0.38
Inventory Turnover	n/a

Taxes

In the past 12 months, TSXV:WI has paid 58,011 in taxes.

Income Tax	58,011
Effective Tax Rate	3.73%

Stock Price Statistics

The stock price has increased by +26.32% in the last 52 weeks. The beta is -0.03, so TSXV:WI's price volatility has been lower than the market average.

Beta (5Y)	-0.03
52-Week Price Change	+26.32%
50-Day Moving Average	0.61
200-Day Moving Average	0.60
Relative Strength Index (RSI)	44.83
Average Volume (20 Days)	12,489

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSXV:WI had revenue of CAD 28.29 million and earned 1.53 million in profits. Earnings per share was 0.01.

Revenue	28.29M
Gross Profit	6.46M
Operating Income	993,981
Pretax Income	1.56M
Net Income	1.53M
EBITDA	1.17M
EBIT	993,981
Earnings Per Share (EPS)	0.01

Balance Sheet

The company has 52.78 million in cash and 1.05 million in debt, giving a net cash position of 51.73 million or 0.33 per share.

Cash & Cash Equivalents	52.78M
Total Debt	1.05M
Net Cash	51.73M
Net Cash Per Share	0.33
Equity (Book Value)	66.12M
Book Value Per Share	0.41
Working Capital	82.70M

Cash Flow

In the last 12 months, operating cash flow was 4.65 million and capital expenditures -70,854, giving a free cash flow of 4.58 million.

Operating Cash Flow	4.65M
Capital Expenditures	-70,854
Free Cash Flow	4.58M
FCF Per Share	0.03

Margins

Gross margin is 22.85%, with operating and profit margins of 3.51% and 5.42%.

Gross Margin	22.85%
Operating Margin	3.51%
Pretax Margin	5.50%
Profit Margin	5.42%
EBITDA Margin	4.15%
EBIT Margin	3.51%
FCF Margin	16.20%

Dividends & Yields

TSXV:WI does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-400.72%
Shareholder Yield	-400.72%
Earnings Yield	1.61%
FCF Yield	4.81%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

TSXV:WI has an Altman Z-Score of 1.76 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.76
Piotroski F-Score	7