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DEVERON CORP (FARM.CA) Stock Fundamental Analysis

TSX-V:FARM - TSX Venture Exchange - CA25162L1040 - Common Stock - Currency: CAD

0.04  +0 (+14.29%)

Fundamental Rating

1

Overall FARM gets a fundamental rating of 1 out of 10. We evaluated FARM against 5 industry peers in the Professional Services industry. Both the profitability and financial health of FARM have multiple concerns. FARM does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

FARM had negative earnings in the past year.
In the past year FARM had a positive cash flow from operations.
FARM had negative earnings in each of the past 5 years.
In the past 5 years FARM always reported negative operating cash flow.
FARM.CA Yearly Net Income VS EBIT VS OCF VS FCFFARM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 -5M -10M -15M

1.2 Ratios

The Return On Assets of FARM (-17.76%) is worse than 85.71% of its industry peers.
With a Return On Equity value of -600.30%, FARM is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -17.76%
ROE -600.3%
ROIC N/A
ROA(3y)-16.44%
ROA(5y)-25.95%
ROE(3y)-34.57%
ROE(5y)-39.76%
ROIC(3y)N/A
ROIC(5y)N/A
FARM.CA Yearly ROA, ROE, ROICFARM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -200 -400 -600 -800 -1K

1.3 Margins

FARM has a Gross Margin (70.10%) which is in line with its industry peers.
In the last couple of years the Gross Margin of FARM has grown nicely.
FARM 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 70.1%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.37%
GM growth 5Y17.9%
FARM.CA Yearly Profit, Operating, Gross MarginsFARM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 -500 -1K

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2. Health

2.1 Basic Checks

FARM does not have a ROIC to compare to the WACC, probably because it is not profitable.
FARM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, FARM has more shares outstanding
Compared to 1 year ago, FARM has a worse debt to assets ratio.
FARM.CA Yearly Shares OutstandingFARM.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
FARM.CA Yearly Total Debt VS Total AssetsFARM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

2.2 Solvency

FARM has an Altman-Z score of -0.51. This is a bad value and indicates that FARM is not financially healthy and even has some risk of bankruptcy.
FARM has a Altman-Z score of -0.51. This is in the lower half of the industry: FARM underperforms 71.43% of its industry peers.
A Debt/Equity ratio of 14.16 is on the high side and indicates that FARM has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 14.16, FARM is doing worse than 71.43% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 14.16
Debt/FCF N/A
Altman-Z -0.51
ROIC/WACCN/A
WACC7.29%
FARM.CA Yearly LT Debt VS Equity VS FCFFARM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M 20M 30M 40M

2.3 Liquidity

A Current Ratio of 0.39 indicates that FARM may have some problems paying its short term obligations.
FARM's Current ratio of 0.39 is on the low side compared to the rest of the industry. FARM is outperformed by 85.71% of its industry peers.
A Quick Ratio of 0.39 indicates that FARM may have some problems paying its short term obligations.
FARM has a worse Quick ratio (0.39) than 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 0.39
Quick Ratio 0.39
FARM.CA Yearly Current Assets VS Current LiabilitesFARM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

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3

3. Growth

3.1 Past

The earnings per share for FARM have decreased strongly by -38.49% in the last year.
FARM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.72%.
The Revenue has been growing by 168.05% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-38.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.95%
Revenue 1Y (TTM)13.72%
Revenue growth 3Y141.42%
Revenue growth 5Y168.05%
Sales Q2Q%1.76%

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-100%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-15.75%
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.
FARM.CA Yearly Revenue VS EstimatesFARM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
FARM.CA Yearly EPS VS EstimatesFARM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -0.02 -0.04 -0.06 -0.08 -0.1

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1

4. Valuation

4.1 Price/Earnings Ratio

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

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FARM indicates a somewhat cheap valuation: FARM is cheaper than 71.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 28.28
FARM.CA Per share dataFARM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 -0.2 -0.3

4.3 Compensation for Growth

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

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0

5. Dividend

5.1 Amount

FARM does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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DEVERON CORP

TSX-V:FARM (11/1/2024, 7:00:00 PM)

0.04

+0 (+14.29%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)08-26 2024-08-26
Earnings (Next)N/A N/A
Inst Owners65.76%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.31M
Analysts47.5
Price Target0.13 (225%)
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 N/A
P/S 0.22
P/FCF N/A
P/OCF 5.42
P/B 2.74
P/tB N/A
EV/EBITDA 28.28
EPS(TTM)-0.13
EYN/A
EPS(NY)-0.08
Fwd EYN/A
FCF(TTM)0
FCFYN/A
OCF(TTM)0.01
OCFY18.44%
SpS0.18
BVpS0.01
TBVpS-0.35
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -17.76%
ROE -600.3%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 70.1%
FCFM N/A
ROA(3y)-16.44%
ROA(5y)-25.95%
ROE(3y)-34.57%
ROE(5y)-39.76%
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 3Y5.37%
GM growth 5Y17.9%
F-Score4
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 14.16
Debt/FCF N/A
Debt/EBITDA 25.02
Cap/Depr 24.08%
Cap/Sales 4.75%
Interest Coverage N/A
Cash Conversion 89.3%
Profit Quality N/A
Current Ratio 0.39
Quick Ratio 0.39
Altman-Z -0.51
F-Score4
WACC7.29%
ROIC/WACCN/A
Cap/Depr(3y)87.4%
Cap/Depr(5y)72.11%
Cap/Sales(3y)10.29%
Cap/Sales(5y)9.34%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.49%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%39.95%
EPS Next Y-100%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.72%
Revenue growth 3Y141.42%
Revenue growth 5Y168.05%
Sales Q2Q%1.76%
Revenue Next Year-15.75%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y46.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year170.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y93.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y144.33%
OCF growth 3YN/A
OCF growth 5YN/A