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Armada Mercantile
(ARM)
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Rating:45Neutral
Price Target:
C$0.15
▼(-5.63% Downside)
Action:Reiterated
Date:08/05/26
The score is held back primarily by weak financial consistency (multi-year revenue decline and volatile profitability/cash flow) and a bearish technical trend (price below key moving averages with negative MACD). A low-debt balance sheet provides some support, but valuation is unfavorable with an extremely high P/E and no dividend yield data.
Positive Factors
Low Leverage / Strong Balance Sheet
A conservatively financed balance sheet with very low debt materially reduces solvency and refinancing risk. Over 2–6 months this provides durable financial flexibility to fund operations, withstand revenue pressure, and pursue selective investments without relying on external borrowing.
Negative Factors
Multi-year Revenue Decline
A material multi-year revenue contraction materially weakens the business’s long-term economics: it reduces scale, pressures gross margins, and erodes pricing power. Without a clear revenue stabilization plan, this trend poses structural risk to sustainable cash generation and profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Strong Balance Sheet
A conservatively financed balance sheet with very low debt materially reduces solvency and refinancing risk. Over 2–6 months this provides durable financial flexibility to fund operations, withstand revenue pressure, and pursue selective investments without relying on external borrowing.
Read all positive factors
Armada Mercantile (ARM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.26M
Dividend YieldN/A
Average Volume (3M)1.70K
Price to Earnings (P/E)221.4
Beta (1Y)-2.46
Revenue Growth-1.88%
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)<0.01
Shares Outstanding21,007,845
10 Day Avg. Volume0
30 Day Avg. Volume1,704
Financial Highlights & Ratios
PEG Ratio-4.99
Price to Book (P/B)2.65
Price to Sales (P/S)26.85
P/FCF Ratio54.68
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Armada Mercantile Business Overview & Revenue Model
Company Description
Armada Mercantile Ltd. is a global financial services firm specializing in merchant banking. The company delivers a range of specialized services, including broker-dealer operations, venture lending, and corporate finance. It further offers adviso...
Armada Mercantile Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
72
Positive
Cash Flow
45
Neutral
| Breakdown | Feb 2026 | May 2025 | May 2024 | May 2023 | May 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 156.42K | 159.42K | 206.57K | 402.54K | 311.61K |
| Gross Profit | 156.42K | -2.59K | 206.57K | 401.90K | 310.82K |
| EBITDA | 42.56K | -5.03M | -18.30K | 268.95K | 74.20K |
| Net Income | 8.79K | -5.03M | -15.93K | 242.45K | 49.16K |
Balance Sheet | |||||
| Total Assets | 1.73M | 1.65M | 6.35M | 6.38M | 5.64M |
| Cash, Cash Equivalents and Short-Term Investments | 920.73K | 843.40K | 5.86M | 5.82M | 5.63M |
| Total Debt | 7.15K | 7.15K | 7.15K | 7.15K | 7.15K |
| Total Liabilities | 140.87K | 37.22K | 516.25K | 528.66K | 120.34K |
| Stockholders Equity | 1.59M | 1.61M | 5.83M | 5.85M | 5.52M |
Cash Flow | |||||
| Free Cash Flow | 76.82K | -53.65K | 285.70K | 671.76K | 99.49K |
| Operating Cash Flow | 76.82K | -53.65K | 285.70K | 671.76K | 99.49K |
| Investing Cash Flow | -42.40K | -316.39K | -346.37K | -366.55K | 0.00 |
| Financing Cash Flow | 42.91K | 356.01K | 102.22K | -108.49K | -25.40K |
Armada Mercantile Technical Analysis
Negative
0.16
Price Trends
0.17
Negative
0.22
Negative
0.24
Negative
Market Momentum
>-0.01
Negative
36.06
Neutral
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ARM, the sentiment is Negative. The current price of 0.16 is above the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.24, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 36.06 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ARM.
Armada Mercantile Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
48 Neutral | C$8.19M | -2.63 | -170.33% | ― | -293.45% | 68.53% | |
46 Neutral | C$1.45M | -4.71 | -13.26% | ― | ― | 1.75% | |
45 Neutral | C$3.26M | 221.43 | 0.55% | ― | -1.88% | ― | |
42 Neutral | C$2.95M | -0.70 | 240.47% | ― | ― | ― | |
38 Underperform | C$9.46M | -1.63 | -109.65% | ― | -31.25% | -30.36% | |
37 Underperform | C$943.83K | -0.84 | 71.71% | ― | -103.62% | 34.73% |
* Financial Sector Average
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Armada Mercantile
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-0.17
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.