Elcora Advanced Materials (ERA) AI Stock Analysis

• Market Cap: C$2.13M
• Dividend Yield: N/A
• Average Volume (3M): 2.92K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.85
• Revenue Growth: -134.26%
• EPS Growth: 5.62%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 17,037,699
• 10 Day Avg. Volume: 2,700
• 30 Day Avg. Volume: 2,916
• PEG Ratio: <0.01
• Price to Book (P/B): -0.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.98
• 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

Elcora Advanced Materials faces significant financial challenges, with weak income and balance sheet positions dominating its outlook. Technical analysis indicates ongoing bearish momentum, while valuation metrics reveal substantial hurdles in achieving market attractiveness. However, recent corporate events such as share consolidation and shareholder approvals provide a modest positive outlook. Overall, the stock is in a precarious position, with substantial risks overshadowing potential upside.

Elcora Advanced Materials Business Overview & Revenue Model

Company Description

Elcora Advanced Materials Corp., engages in the exploration of mineral properties in Canada. The company was formerly known as Elcora Resources Corp. and changed its name to Elcora Advanced Materials Corp. in February 2016. Elcora Advanced Materials Corp. was incorporated in 2011 and is headquartered in Bedford, Canada.

How the Company Makes Money

Elcora Advanced Materials makes money through the extraction, processing, and sale of graphite and graphene products. The company's primary revenue streams include selling raw graphite materials to industrial clients and providing high-purity graphite and graphene for specialized applications such as lithium-ion batteries, fuel cells, and other energy storage solutions. Additionally, Elcora may engage in partnerships or joint ventures with technology and manufacturing companies to develop new applications for its materials, thereby expanding its market reach and revenue potential.

Elcora Advanced Materials Financial Statement Overview

Summary

Elcora Advanced Materials is facing substantial financial challenges across its financial statements. The income statement shows persistent losses and declining revenue. The balance sheet reinforces the company's financial instability with negative equity and high leverage. Despite a slight improvement in operating cash flow, cash constraints persist. Overall, the company is in a precarious financial position, with significant risks and limited signs of recovery.

Income Statement

The income statement reveals significant challenges, with negative revenues and worsening net income over time. The negative gross and net profit margins indicate ongoing difficulties in achieving profitability. Moreover, the substantial losses in EBIT and EBITDA margins highlight operational inefficiencies. Overall, the financial performance is weak, with no signs of improvement in revenue or profitability.

Balance Sheet

The balance sheet reflects a precarious financial position, with negative stockholders' equity indicating insolvency. The high debt levels relative to equity suggest a heavily leveraged structure, increasing financial risk. The equity ratio is negative, reinforcing the company's weak solvency. Overall, the balance sheet shows significant financial instability and risk.

Cash Flow

The cash flow statement indicates some improvement in operating cash flow, transitioning from negative to positive in the recent period. However, free cash flow remains negative, and the free cash flow to net income ratio is unfavorable, indicating ongoing cash constraints. While there are minor improvements, the cash flow position remains strained.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
-63.03K	120.98K	0.00	0.00	0.00	0.00
	Gross Profit
-71.98K	56.70K	-71.21K	-91.52K	-149.22K	-166.93K
	EBIT
-862.51K	-1.02M	-1.44M	-812.86K	-798.98K	-1.01M
	EBITDA
-1.17M	-1.07M	-1.42M	-728.81K	-626.10K	-855.27K
	Net Income Common Stockholders
-1.34M	-1.26M	-1.60M	-959.09K	-880.91K	-1.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
327.41K	14.60K	15.21K	309.13K	290.43K	33.19K
	Total Assets
395.63K	1.72M	1.86M	1.66M	486.95K	349.95K
	Total Debt
0.00	1.13M	939.47K	887.46K	1.21M	821.57K
	Net Debt
-327.41K	1.11M	924.25K	578.33K	914.73K	788.38K
	Total Liabilities
31.15K	3.17M	2.19M	1.81M	2.62M	2.17M
	Stockholders Equity
364.48K	-1.45M	-320.81K	-143.35K	-2.13M	-1.82M
Cash Flow		Free Cash Flow
-186.60K	-274.13K	-999.23K	-2.51M	-179.21K	-513.96K
	Operating Cash Flow
32.03K	-146.83K	-511.40K	-1.43M	-179.21K	-504.08K
	Investing Cash Flow
-260.09K	-127.30K	-487.83K	-1.08M	0.00	-9.88K
	Financing Cash Flow
266.87K	273.52K	705.31K	2.53M	436.44K	-32.20K

Elcora Advanced Materials Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ERA, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.14, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.52 is Neutral, neither overbought nor oversold. The STOCH value of -33.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ERA.

Elcora Advanced Materials Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.97B	-1.14	-21.33%	3.61%	1.59%	-30.68%
CCB	39 Underperform	C$2.42M	―	-37.79%	―	―	24.59%
CRI	32 Underperform	C$2.18M	―	-253.61%	―	―	43.88%
ALE	25 Underperform	C$2.53M	―	-243.89%	―	―	-1857.30%
ERA	21 Underperform	C$2.13M	―		―	-134.26%	5.62%

Elcora Advanced Materials Corporate Events

Elcora Advanced Materials Corp. Announces Share Consolidation

Elcora Advanced Materials Corp. has received approval from the TSX Venture Exchange to consolidate its issued and outstanding common shares at a ratio of one post-consolidation share for every ten pre-consolidation shares. This move reduces the number of outstanding shares from 170,377,013 to approximately 17,037,701, which may streamline the company’s share structure and potentially enhance its market appeal. The consolidation is scheduled to take effect on or about February 7, 2025.