The Canadian juniors on our list have EV/Sales ratios < 1, and are trading below revenues
SmallCapPower | January 19, 2017: Today we have identified four Canadian juniors that appear underpriced, as their market capitalization is well below their last reported full-year revenues. Coupled with EV/Sales ratios below 1 and the trend of increasing revenues, these companies may be worth a second look.
Patient Home Monitoring Corp. (TSXV: PHM) – $0.16
Healthcare Facilities & Services
Patient Home Monitoring Corp is engaged in providing in-home monitoring equipment, supplies and services to patients in the United States. It is also engaged in offering a range of services to patients in need of chronic disease management, as well as acquiring other companies operating in the United States healthcare service and product sectors. The Company’s services include Respiratory Disease Management, including COPD; Equipment Solutions; Sleep Apnea & PAP Treatment; Oxygen Therapy; Respiratory Equipment Rental, and INR Self-Testing. It employs home ventilators, including the Trilogy 100 & ResMed Astral.
- Market Cap: $60 million
- Total Revenue (LTM): $136 million
- Enterprise Value To Sales: 0.50x
- Revenue Growth (FY): 238%
Acerus Pharmaceuticals Corporation (TSX: ASP) – $0.15
Pharmaceuticals
Acerus Pharmaceuticals Corporation, formerly Trimel Pharmaceuticals Corporation, is a Canada-based pharmaceutical company engaged in the development, manufacture, marketing and distribution of products with a focus on men’s health, including urology, and women’s health, including hormone replacement therapy and female sexual dysfunction. The Company markets Estrace in Canada, which is an oral, plant-derived 17-beta estradiol therapy for the relief of symptoms of menopause. The Company offers Natesto, which is the testosterone nasal gel in the United States for replacement therapy in adult males for conditions associated with a deficiency or absence of endogenous testosterone (hypogonadism).
- Market Cap: $31 million
- Total Revenue (LTM): $41 million
- Enterprise Value To Sales: 0.83x
- Revenue Growth (FY): 367%
Mangazeya Mining Ltd. (TSXV: MGZ.H) – $0.02
Gold
Mangazeya Mining Ltd. is a gold mining company that is engaged in exploring for precious metals on prospective areas, development of ore. The Company is focused on the subsoil areas in the Russian Federation. The Company holds approximately three licenses through Mangazeya Mining LLC, Dalsvetmet LLC and Koryakmining LLC. Its assets include Savkinskoye Deposit, Nasedkino Deposit and Zolinsko-Arkiinskaya Area. The Savkinskoye Deposit is the core-operating asset of the Company and the gold ore deposit is located in Zabaikalie Territory approximately 400 kilometers to the east of Chita. The Nasedkino gold ore deposit is on the stage of designing a mine to produce over one million tons of ore per year and is located in Mogochinsky District, north-west of Zabaikalie Territory of the Russian Federation.
- Market Cap: $26 million
- Total Revenue (LTM): $55 million
- Enterprise Value To Sales: 0.53x
- Revenue Growth (FY): 230%
Ceres Global Ag Corp. (TSX: CRP) – $5.31
Ground Freight & Logistics
Ceres Global Ag Corp. is an agricultural cereal grain storage, customer-specific procurement and supply ingredient company. The Company operates through two business units: grain storage, handling and merchandising unit, and commodity logistics. The Company’s grain storage, handling, and merchandising unit is engaged in grain storage, procurement, merchandising and cleaning of specialty grains, such as oats, barley, rye, hard red spring wheat and durum wheat through over nine grain storage and handling facilities in Minnesota, New York and Ontario, while also utilizing the grain operating facility at the Northgate Commodity Logistics Centre, with aggregate storage capacity of over 40 million bushels. The commodity logistics unit is focused on the development of a commodity logistics center in Northgate, Saskatchewan, which is a grain, agriculture services and oilfield supplies transloading site. The Company owns approximately 1,300 acres of land at Northgate, Saskatchewan.
- Market Cap: $148 million
- Total Revenue (LTM): $553 million
- Enterprise Value to Sales: 0.43x
- Revenue Growth (FY): 133%
