Minaean SP Construction (PWER) AI Stock Analysis

• Market Cap: C$11.43M
• Dividend Yield: N/A
• Average Volume (3M): 204.40K
• Price to Earnings (P/E): 9.5
• Beta (1Y): -1.47
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): >-0.01
• Shares Outstanding: 24,316,977
• 10 Day Avg. Volume: 59,710
• 30 Day Avg. Volume: 204,398
• PEG Ratio: >-0.01
• Price to Book (P/B): -2.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 66.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: C$0.41 ▲(4.62% Upside)

The score is held back primarily by weak and low-visibility financial performance, especially inconsistent revenue disclosure and negative TTM operating/free cash flow. This is partially offset by constructive technical momentum (price above key moving averages with positive MACD) and a relatively low P/E valuation.

Positive Factors

Strategic Ownership Change

The acquisition by Bristol Management Limited provides a new strategic direction and potential resources to stabilize and grow the company, reflecting a long-term investment interest that could enhance governance and operational strategies.

Leadership Appointments

The appointment of Mervyn Pinto in multiple leadership roles may streamline decision-making and provide a unified strategic vision, potentially improving operational efficiency and corporate governance.

Private Placement for Capital

The private placement aims to raise capital for working capital and business opportunities, providing financial resources to explore new projects and stabilize operations, potentially improving long-term financial health.

Negative Factors

Severe Revenue Decline

The complete revenue drop from $300,000 in 2022 to none in 2023 and 2024 indicates severe operational challenges, threatening the company's ability to sustain its business model and impacting long-term profitability.

Balance Sheet Instability

The unfavorable debt-to-equity ratio suggests potential solvency issues, limiting financial flexibility and increasing the risk of financial distress, which could hinder long-term strategic initiatives.

Ongoing Liquidity Challenges

Despite a slight improvement in free cash flow, ongoing liquidity challenges due to historical negative cash flows can strain operations and limit the company's ability to invest in growth opportunities, affecting long-term sustainability.

Minaean SP Construction Business Overview & Revenue Model

Company Description

Minaean SP Construction Corp., through its subsidiaries, provides general contracting services to the construction industry in Canada. The company provides Light Gauge Steel technology, a cold formed galvanized steel that comes in a coil form to produce a range of uniform shapes and products; Vesta Quik-Build System that utilizes corrugated load-bearing light gauge steel panels; the Artisan Quik-Build System, a building technology, which uses an engineered floor and steel framed wall system to construct buildings; and Modular Quik-Build System, a prefabricated system of constructing a building in modules in a factory. It also offers contracting services, including engineering, procurement, and construction, as well as design-build services in the residential, commercial, industrial, healthcare, and hospitality sectors; and consulting services for large scale construction projects. The company was formerly known as Minaean International Corp. and changed its name to Minaean SP Construction Corp. in August 2015. Minaean SP Construction Corp. was incorporated in 1998 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Minaean SP Construction (MSP) makes money through its construction contracts and projects, which form the core of its revenue model. The company engages in the construction of various infrastructure projects, including residential buildings, commercial spaces, and industrial facilities. MSP earns revenue by providing end-to-end construction services, from design and engineering to project management and execution. The company may also generate income through strategic partnerships and collaborations with other construction firms and developers, enhancing its capacity to undertake large-scale projects. Additionally, MSP's focus on sustainable building practices and prefabrication methods can lead to cost savings and increased profitability, further contributing to its earnings.

Minaean SP Construction Financial Statement Overview

Summary

Minaean SP Construction is experiencing severe financial difficulties, with no revenue and significant losses impacting all financial aspects. The balance sheet indicates potential solvency risks, and while there is a slight improvement in cash flow, it is insufficient to counterbalance overall financial distress.

Income Statement

The company's income statement reflects significant challenges, with zero revenue in the TTM period and substantial negative net income. Historical data shows a complete revenue drop from $300,000 in 2022 to none in 2023 and 2024, leading to negative EBIT and net profit margins. This indicates severe operational and profitability issues.

Balance Sheet

The balance sheet reveals critical financial instability, highlighted by a negative stockholders' equity and a high debt level relative to assets, resulting in a negative equity ratio. The debt-to-equity ratio is unfavorable, suggesting potential solvency issues.

Cash Flow

Cash flow analysis shows some positive movement with a slight improvement in free cash flow in the TTM period, although it remains low. Operating cash flow is positive in the latest period, but historical negative cash flows highlight ongoing liquidity challenges.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Minaean SP Construction Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.39
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PWER, the sentiment is Positive. The current price of 0.39 is below the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.29, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 57.95 is Neutral, neither overbought nor oversold. The STOCH value of 74.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PWER.

Minaean SP Construction Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BDT	69 Neutral	C$1.66B	17.71	21.68%	2.88%	6.26%	0.52%
BDGI	66 Neutral	C$2.56B	30.10	22.05%	0.99%	13.02%	52.88%
ARE	65 Neutral	C$2.04B	244.03	0.92%	2.38%	25.68%	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
PWER	54 Neutral	C$11.43M	9.50	―	―	―	―
AEP	53 Neutral	C$45.31M	-79.31	-1.07%	―	9.30%	-151.79%
DRT	42 Neutral	C$172.65M	-16.92	-18.77%	―	-2.73%	-155.71%