Accord Financial Corp
TSX:ACD
Intrinsic Value
Accord Financial Corp. is a holding company, which engages in the provision of asset-based financial services to industrial and commercial enterprises. [ Read More ]
The intrinsic value of one
ACD
stock under the Base Case scenario is
20.74
CAD.
Compared to the current market price of 4.2 CAD,
Accord Financial Corp
is
Undervalued by 80%.
Accord Financial Corp's market capitalization is 35.9m CAD.
ACD stock price is 4.2 CAD.
ACD stock price (4.2 CAD) is 80% less than its Intrinsic Value (20.74 CAD).
ACD. Open DCF Valuation
ACD has upside potential of 109% compared to the average analyst price target.
Open Wall St Estimates
ACD's short-term assets (473m CAD) exceed its short-term liabilties (397m CAD).
ACD's long-term assets (513m CAD) exceed its long-term liabilties (430m CAD).
ACD's ROIC (Return on Invested Capital) has decreased in the last 3 years from 7% to 2%.
ACD's Revenue has grown by 18% over the past 12 months.
ACD has negative Net Income for the last twelve months.
ACD's ROIC (Return on Invested Capital) for the past 12 months is very low and is equal to 2%.
ACD has positive three-year average ROIC (Return on Invested Capital): 5%. The company is efficient at using invested capital to generate operating income.
ACD has a very low three-year average ROE (Return on Equity): 4%. The company is not efficient at transforming stockholders' equity into net income.
ACD's Revenue has been growing by 18% per year for the last 3 years.
ACD's ROE (Return on Equity) has significantly decreased in the last 3 years from 10% to -16%.
ACD's ROE (Return on Equity) for the past 12 months is negative and is equal to -16%.
ACD has positive Operating Income for the last twelve months.
ACD has positive Net Debt. This means that the company has more debt (25m CAD) than cash and short-term investments (6m CAD).
ACD's D/E (Debt to Equity) is very low and is equal to 0.3.
ACD has negative Free Cash Flow for the last twelve months.
ACD's Altman Z-Score is very low and is equal to 0.68.
ACD doesn't generate enough operating income (20m CAD) to safely cover interest payments on its debt (33m CAD).
Valuation Backtest
Accord Financial Corp
Run backtest to discover the historical profit from buying and selling
ACD
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Accord Financial Corp
Balance Sheet Decomposition
Accord Financial Corp
| Current Assets | 473.2m |
| Cash & Short-Term Investments | 5.9m |
| Receivables | 467.3m |
| Non-Current Assets | 40.2m |
| PP&E | 2.1m |
| Intangibles | 3m |
| Other Non-Current Assets | 35.1m |
| Current Liabilities | 397m |
| Accounts Payable | 8.1m |
| Other Current Liabilities | 389m |
| Non-Current Liabilities | 32.6m |
| Long-Term Debt | 25.5m |
| Other Non-Current Liabilities | 7.1m |
Earnings Waterfall
Accord Financial Corp
|
Revenue
|
79.7m
CAD
|
|
Operating Expenses
|
-59.7m
CAD
|
|
Operating Income
|
20m
CAD
|
|
Other Expenses
|
-34.6m
CAD
|
|
Net Income
|
-14.6m
CAD
|
Free Cash Flow Analysis
Accord Financial Corp
ACD Profitability Score
Profitability Due Diligence
Accord Financial Corp's profitability score is 42/100. The higher the profitability score, the more profitable the company is.
Score
Accord Financial Corp's profitability score is 42/100. The higher the profitability score, the more profitable the company is.
ACD Solvency Score
Solvency Due Diligence
Accord Financial Corp's solvency score is 33/100. The higher the solvency score, the more solvent the company is.
Score
Accord Financial Corp's solvency score is 33/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ACD Price Targets Summary
Accord Financial Corp
According to Wall Street analysts, the average 1-year price target for
ACD
is 8.77 CAD
with a low forecast of 8.69 CAD and a high forecast of 9.03 CAD.
Shareholder Return
ACD Price
Accord Financial Corp
| Average Annual Return | -1.6% |
| Standard Deviation of Annual Returns | 21.25% |
| Max Drawdown | -63% |
| Market Capitalization | 35.9m CAD |
| Shares Outstanding | 8 559 000 |
| Percentage of Shares Shorted | 0.18% |
Company Profile
Accord Financial Corp
Country
Industry
Market Cap
Dividend Yield
Description
Accord Financial Corp. is a holding company, which engages in the provision of asset-based financial services to industrial and commercial enterprises. The company is headquartered in Toronto, California. The firm operates six finance companies in North America, namely, Accord Financial Ltd. (AFL), Accord Financial Inc. (AFIC) and Accord Small Business Finance (ASBF) in Canada, and Accord Financial, Inc. (AFIU), BondIt Media Capital (BondIt) and Accord Equipment Finance (AEF) in the United States. The Company’s business principally involves asset-based lending by AFIC and AFIU, which entails financing or purchasing receivables on a recourse basis, as well as financing other tangible assets, such as inventory and equipment; equipment financing (leasing and equipment loans) by AEF and ASBF. ASBF also provides working capital financing to small businesses; film and media production financing by BondIt; and credit protection and receivables management services by AFL, which involves providing credit guarantees and collection services, generally without financing.
Contact
IPO
Employees
Officers
The intrinsic value of one
ACD
stock under the Base Case scenario is
20.74
CAD.
Compared to the current market price of 4.2 CAD,
Accord Financial Corp
is
Undervalued by 80%.
You don't have any saved screeners yet
