Value Composite Update on Azincourt Energy Corp. (TSXV:AAZ) and iMetal Resources Inc. (TSXV:IMR)

Azincourt Energy Corp. (TSXV:AAZ) currently has a Value Composite score of 72.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Azincourt Energy Corp. (TSXV:AAZ) is 80.

Stock market investors often rely on fundamental analysis for stock research. The EPS or earnings per share ratio shows the amount of company earnings that can be attributed to every share that is held. EPS lets investors directly compare one company to another when examining potential investments. Investors are typically searching for stocks that have a growing EPS. The EPS measure tends to be more telling when viewed over a longer period of time. When companies report quarterly earnings, the EPS measure is highly scrutinized by investors and analysts alike.

In taking a look at some other notable technicals, Azincourt Energy Corp. (TSXV:AAZ)’s ROIC is -0.329660. The ROIC 5 year average is -1.410887 and the ROIC Quality ratio is -0.602450. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

The Q.i. Value of Azincourt Energy Corp. (TSXV:AAZ) is 50.00000.  The Q.i. Value is a helpful tool in determining if a company is undervalued or not.  The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity.  The lower the Q.i. value, the more undervalued the company is thought to be.

The FCF Yield 5yr Average is calculated by taking the five year average free cash flow of a company, and dividing it by the current enterprise value.  Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.  The average FCF of a company is determined by looking at the cash generated by operations of the company.  The Free Cash Flow Yield 5 Year Average of Azincourt Energy Corp. (TSXV:AAZ) is -0.114422. 

Shareholder Yield
We also note that Azincourt Energy Corp. (TSXV:AAZ) has a Shareholder Yield of -2.738231 and a Shareholder Yield (Mebane Faber) of -2.21534. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

MF Rank
Azincourt Energy Corp. (TSXV:AAZ) has a current MF Rank of 14512. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

PI
We can now take aquick look at some historical stock price index data. Azincourt Energy Corp. (TSXV:AAZ) presently has a 10 month price index of 1.04348. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period.

A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 2.18182, the 24 month is 4.36364, and the 36 month is 0.75000. Narrowing in a bit closer, the 5 month price index is 4.36364, the 3 month is 3.20000, and the 1 month is currently 1.71429.

Taking a look at valuation rankings for iMetal Resources Inc. (TSXV:IMR), we see that the stock has a Value Composite score of 73. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 79.

Technicals

For technical traders, support and resistance lines play an important role. The support line generally displays the lowest price that investors will let a stock trade. This means that the stock price is unlikely to drop under this level. When support lines are breached, chartists may be watching for shares to move lower until they reach the next support level. The resistance line is the exact opposite of the support line. The resistance level is typically the highest price that investors will allow the stock to trade at. Traders will carefully watch the stock price when a resistance level is broken. The thought is that the price will continue to move towards the next level of resistance. Traders and investors may use support and resistance lines for various purposes. One popular use of these lines is to identify possible entry and exit points for trades.

In taking a look at some other notable technicals, iMetal Resources Inc. (TSXV:IMR)’s ROIC is -0.364307. The ROIC 5 year average is -0.529019 and the ROIC Quality ratio is -0.133084. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

We also note that iMetal Resources Inc. (TSXV:IMR) has a Shareholder Yield of -0.348347 and a Shareholder Yield (Mebane Faber) of -0.42965. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

iMetal Resources Inc. (TSXV:IMR) has a current MF Rank of 13700. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks.

We can now take a quick look at some historical stock price index data. iMetal Resources Inc. (TSXV:IMR) presently has a 10 month price index of 2.63636. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 3.22222, the 24 month is 3.62500, and the 36 month is 2.90000. Narrowing in a bit closer, the 5 month price index is 2.41667, the 3 month is 2.23077, and the 1 month is currently 1.81250.

The C-Score is a system developed by James Montier that helps determine whether a company is involved in falsifying their financial statements.  The C-Score is calculated by a variety of items, including a growing difference in net income verse cash flow, increasing days outstanding, growing days sales of inventory, increasing assets to sales, declines in depreciation, and high total asset growth.  The C-Score of iMetal Resources Inc. (TSXV:IMR) is -1.00000.  The score ranges on a scale of -1 to 6.  If the score is -1, then there is not enough information to determine the C-Score.  If the number is at zero (0) then there is no evidence of fraudulent book cooking, whereas a number of 6 indicates a high likelihood of fraudulent activity. The C-Score assists investors in assessing the likelihood of a company cheating in the books.

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