This report should not be construed as providing investment advice. It is for educational purposes only. Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites. www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q2 2017
Accord Financial Corp TSX ACD OTC ACCFF www.accordfinancial.com Fiscal Yr: Dec 31
Year 12/31/05 12/31/06 12/31/07 12/31/08 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS Accounting Rules
$27.86 <-12 mths -2.33%
Revenue* $26.2 $28.9 $28.3 $28.1 $24.0 $31.4 $28.4 $25.9 $26.1 $30.2 $31.6 $28.5 $27.9 <-12 mths -1.18% <-Total Growth 10 Revenue
Increase -4.33% 10.04% -1.79% -1.01% -14.31% 30.61% -9.55% -8.86% 0.71% 15.96% 4.44% -9.67% -2.33% <-12 mths -0.12% <-IRR #YR-> 10 Revenue -1.18%
5 year Running Average $26.9 $27.0 $27.4 $27.8 $27.1 $28.1 $28.1 $27.6 $27.2 $28.4 $28 $28 $28.9 <-12 mths 0.08% <-IRR #YR-> 5 Revenue 0.40%
Revenue per Share $2.64 $3.06 $3.00 $2.97 $2.56 $3.46 $3.26 $3.15 $3.17 $3.64 $3.80 $3.43 $3.35 <-12 mths 0.53% <-IRR #YR-> 10 5 yr Running Average 5.44%
Increase -4.85% 15.72% -1.91% -0.84% -14.04% 35.56% -5.95% -3.35% 0.71% 14.76% 4.44% -9.67% -2.33% <-12 mths 0.29% <-IRR #YR-> 5 5 yr Running Average 1.45%
5 year Running Average $2.77 $2.79 $2.84 $2.89 $2.85 $3.01 $3.05 $3.08 $3.12 $3.34 $3.40 $3.44 $3.48 <-12 mths 1.17% <-IRR #YR-> 10 Revenue per Share 12.32%
P/S (Price/Sales) Med 2.93 2.49 2.86 2.21 2.34 1.93 2.26 2.17 2.54 2.56 2.77 2.69 <-12 mths 1.05% <-IRR #YR-> 5 Revenue per Share 5.37%
P/S (Price/Sales) Close 2.67 2.54 2.67 1.95 2.05 2.16 2.11 2.22 2.48 2.57 2.53 2.62 2.61 <-12 mths 2.11% <-IRR #YR-> 10 5 yr Running Average 23.27%
*Revenue in M CDN $ P/S Med 10 yr 2.44 5 yr 2.56 7.05% Diff M/C 2.43% <-IRR #YR-> 5 5 yr Running Average 12.75%
-$28.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $28.5
-$28.4 $0.0 $0.0 $0.0 $0.0 $28.5
-$27.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $28.5
-$28.1 $0.0 $0.0 $0.0 $0.0 $28.5
-$3.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.43
-$3.26 $0.00 $0.00 $0.00 $0.00 $3.43
$0.61 <-12 mths -22.78%
EPS Basic $0.63 $0.73 $0.66 $0.53 $0.33 $0.88 $0.85 $0.76 $0.80 $0.83 $1.05 $0.79 8.22% <-Total Growth 10 EPS Basic
EPS Diluted* $0.62 $0.72 $0.66 $0.53 $0.33 $0.88 $0.85 $0.76 $0.80 $0.83 $1.05 $0.79 $0.61 <-12 mths 9.72% <-Total Growth 10 EPS Diluted
Increase -18.42% 16.13% -8.33% -19.70% -37.74% 166.67% -3.41% -10.59% 5.26% 3.75% 26.51% -24.76% -22.78% <-12 mths 0.93% <-IRR #YR-> 10 Earnings per Share 9.72%
Earnings Yield 8.79% 9.29% 8.25% 9.12% 6.29% 11.73% 12.37% 10.86% 10.18% 8.88% 10.94% 8.79% 6.97% <-12 mths -1.45% <-IRR #YR-> 5 Earnings per Share -7.06%
5 year Running Average $0.56 $0.64 $0.67 $0.66 $0.57 $0.62 $0.65 $0.67 $0.72 $0.82 $0.86 $0.85 $0.82 <-12 mths 2.83% <-IRR #YR-> 10 5 yr Running Average 32.19%
10 year Running Average $0.56 $0.59 $0.61 $0.61 $0.58 $0.59 $0.65 $0.67 $0.69 $0.70 $0.74 $0.75 $0.74 <-12 mths 5.41% <-IRR #YR-> 5 5 yr Running Average 30.15%
* Diluted ESP per share E/P 10 Yrs 9.65% 5Yrs 10.18%
-$0.72 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.79
-$0.85 $0.00 $0.00 $0.00 $0.00 $0.79
-$0.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.85
-$0.65 $0.00 $0.00 $0.00 $0.00 $0.85
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Dividend* $0.18 $0.20 $0.22 $0.24 $0.26 $0.28 $0.30 $0.31 $0.32 $0.33 $0.35 $0.36 $0.36 $0.36 $0.36 80.00% <-Total Growth 10 Dividends
Increase 0.00% 11.11% 10.00% 9.09% 8.33% 7.69% 7.14% 3.33% 3.23% 3.13% 6.06% 2.86% 0.00% 0.00% 0.00% Count 30 Years of data
Dividends 5 Yr Running $0.46 $0.47 $0.49 $0.50 $0.22 $0.24 $0.26 $0.28 $0.29 $0.31 $0.32 $0.33 $0.34 $0.35 $0.36 -29.24% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 2.32% 2.62% 2.56% 3.65% 4.35% 4.18% 4.07% 4.54% 3.98% 3.55% 3.33% 3.90% 4.10% 3.94% <-Median-> 10 Yield H/L Price
Yield on High Price 2.05% 2.42% 2.33% 2.86% 3.88% 3.44% 3.64% 4.34% 3.46% 3.07% 2.90% 3.69% 3.93% 3.45% <-Median-> 10 Yield on High Price
Yield on Low Price 2.69% 2.86% 2.85% 5.05% 4.95% 5.33% 4.62% 4.77% 4.68% 4.20% 3.89% 4.13% 4.29% 4.65% <-Median-> 10 Yield on Low Price
Yield on Close Price 2.55% 2.58% 2.75% 4.13% 4.95% 3.73% 4.37% 4.43% 4.07% 3.53% 3.65% 4.00% 4.11% 4.11% 4.11% 4.04% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 29.03% 27.78% 33.33% 45.28% 78.79% 31.82% 35.29% 40.79% 40.00% 39.76% 33.33% 45.57% 59.02% 39.88% <-Median-> 10 DPR EPS
DPR EPS 5 Yr Running 82.73% 73.75% 72.40% 76.60% 38.46% 38.46% 40.00% 41.49% 40.61% 37.38% 37.53% 39.48% 42.16% 39.74% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS -25.31% 17.14% 10.26% 16.17% 82.76% -105.68% 13.69% 17.88% 31.33% -41.93% 11.19% 11.51% 37.26% 12.60% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 85.29% 136.32% 74.00% 48.93% 25.01% 24.77% 22.15% 25.46% 29.43% 39.54% 22.09% 20.30% 23.06% 25.24% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 29.67% 20.58% 4.34% 37.05% 83.01% 27.26% 23.88% 6.72% 26.44% 19.52% 22.96% 7.96% 37.26% 23.42% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 79.05% 65.67% 29.77% 31.05% 14.46% 14.95% 15.64% 17.69% 17.46% 15.72% 15.64% 12.31% 17.35% 15.68% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 5 Yr Med 5 Yr Cl 3.90% 4.00% 5 Yr Med Payout 40.00% 11.51% 19.52% 6.05% <-IRR #YR-> 10 Dividends 80.00%
* Dividends per share 5 Yr Med and Cur. 5.49% 2.74% Last Div Inc ---> $0.09 $0.09 2.9% 3.71% <-IRR #YR-> 5 Dividends 20.00%
-$0.20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.36
-$0.30 $0.00 $0.00 $0.00 $0.00 $0.36
Historical Dividends Historical High Div 4.99% Low Div 1.54% Ave Div 3.27% Med Div 2.56% Close Div 2.58% Historical Dividends
High/Ave/Median Values Curr diff Exp. -17.55% Cheap 167.16% Cheap 26.01% Cheap 60.71% Cheap 59.43% High/Ave/Median
Future Div Yield Div Yd 4.94% earning in 5 Years at IRR of 3.71% Div Inc. 20.00% Future Dividend Yield
Future Div Yield Div Yd 6.43% earning in 10 Years at IRR of 4.56% Div Inc. 56.25% Future Dividend Yield
Future Div Yield Div Yd 8.04% earning in 15 Years at IRR of 4.56% Div Inc. 95.31% Future Dividend Yield
Yield if held 5 yrs 3.10% 3.57% 4.13% 3.84% 2.93% 3.61% 3.93% 3.61% 4.87% 5.52% 5.23% 4.88% 5.27% 4.47% 3.87% 4.03% <-Median-> 10 Paid Median Price
Yield if held 10 yrs 7.20% 5.88% 5.87% 4.92% 5.20% 4.83% 5.35% 5.82% 5.12% 3.72% 4.52% 4.72% 4.19% 5.48% 6.03% 5.02% <-Median-> 10 Paid Median Price
Yield if held 15 yrs 10.48% 9.23% 11.56% 11.20% 8.82% 8.27% 6.56% 6.60% 6.03% 6.42% 6.76% 5.76% 4.06% 8.55% <-Median-> 10 Paid Median Price
Yield if held 20 yrs 14.76% 12.31% 14.67% 14.00% 10.59% 9.60% 7.38% 7.20% 14.00% <-Median-> 5 Paid Median Price
Yield if held 25 yrs 17.14% 13.85% 16.00% #NUM! <-Median-> 0 Paid Median Price
Cost covered if held 5 years 39.66% 42.11% 45.82% 40.32% 12.39% 15.48% 17.05% 16.19% 22.37% 25.77% 24.05% 22.64% 25.20% 21.88% 19.25% 22.51% <-Median-> 10 Paid Median Price
Cost covered if held 10 years 113.00% 86.62% 82.13% 66.05% 67.20% 60.34% 65.30% 71.92% 63.84% 29.75% 36.26% 38.95% 36.23% 49.16% 55.73% 64.57% <-Median-> 10 Paid Median Price
Cost covered if held 15 years 161.67% 138.27% 169.56% 161.00% 124.85% 119.20% 96.21% 98.00% 88.10% 95.09% 104.23% 92.00% 49.92% 122.03% <-Median-> 10 Paid Median Price
Cost covered if held 20 years 227.86% 194.81% 238.00% 225.40% 173.97% 165.07% 132.31% 133.80% 225.40% <-Median-> 5 Paid Median Price
Cost covered if held 25 years 309.76% 262.50% 317.56% #NUM! <-Median-> 0 Paid Median Price
Graham Number $7.36 $8.25 $7.85 $7.80 $5.85 $9.87 $10.25 $9.93 $10.82 $11.74 $14.41 $12.73 $11.11 #VALUE! $0.00 54.16% <-Total Growth 10 Graham Number
Increase -5.44% 12.15% -4.94% -0.57% -25.03% 68.69% 3.84% -3.07% 8.91% 8.56% 22.76% -11.72% -12.73% 1.64% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.05 0.92 1.09 0.84 1.02 0.68 0.72 0.69 0.74 0.79 0.73 0.73 0.79 0.74 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.20 1.00 1.20 1.08 1.15 0.82 0.81 0.72 0.86 0.92 0.84 0.77 0.82 0.85 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 0.91 0.85 0.98 0.61 0.90 0.53 0.63 0.65 0.63 0.67 0.62 0.68 0.76 0.64 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 0.96 0.94 1.02 0.74 0.90 0.76 0.67 0.70 0.73 0.80 0.67 0.71 0.79 #VALUE! #DIV/0! 0.74 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close -4.22% -6.11% 1.96% -25.53% -10.24% -23.99% -32.95% -29.51% -27.33% -20.37% -33.40% -29.35% -21.21% #VALUE! #DIV/0! -26.43% <-Median-> 10 Graham Price
Month, Year Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19
Price Close $7.05 $7.75 $8.00 $5.81 $5.25 $7.50 $6.87 $7.00 $7.86 $9.35 $9.60 $8.99 $8.75 $8.75 $8.75 16.00% <-Total Growth 10 Stock Price D. per yr 3.68% 4.50%
Increase -19.43% 9.93% 3.23% -27.38% -9.64% 42.86% -8.40% 1.89% 12.29% 18.96% 2.67% -6.35% -2.67% 0.00% 0.00% 1.50% <-IRR #YR-> 10 Stock Price 16.00% 0.90%
P/E Ratio 11.37 10.76 12.12 10.96 15.91 8.52 8.08 9.21 9.83 11.27 9.14 11.38 14.34 5.53% <-IRR #YR-> 5 Stock Price 30.86% 4.56%
Trailing P/E Ratio 9.28 12.50 11.11 8.80 9.91 22.73 7.81 8.24 10.34 11.69 11.57 8.56 11.08 5.02% <-IRR #YR-> 10 Price & Dividend 4.58%
Historical Median D. per yr 3.53% 4.37% % Tot Ret 70.23% 44.13% T P/E 10.34 P/E: 10.39 9.83 9.89% <-IRR #YR-> 5 Price & Dividend 9.06%
-$7.75 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.99
-$6.87 $0.00 $0.00 $0.00 $0.00 $8.99
-$7.75 $0.22 $0.24 $0.26 $0.28 $0.30 $0.31 $0.32 $0.33 $0.35 $9.35
-$6.87 $0.31 $0.32 $0.33 $0.35 $9.35
5 year Total Return to Date 11.65% 16.51% 18.55% 4.26% -6.58% 4.54% 1.26% 1.02% 10.71% 16.94% 8.95% 9.89% per year count 19 5 year Total Return
10 year Total Return to Date 14.62% 14.22% 11.79% 9.30% 5.69% 8.61% 9.83% 10.74% 7.06% 3.54% 6.54% 5.02% per year count 14 10 year Total Return
-$6.87 $0.31 $0.32 $0.33 $0.35 $9.35 9.89% <-IRR #YR-> 5 Total Return 2016
17.21% <-IRR #YR-> 5 Total Return 2000
21.80% <-IRR #YR-> 5 Total Return 1999
11.32% <-IRR #YR-> 5 Total Return 1998
20.58% <-IRR #YR-> 5 Total Return 1997
-$7.75 $0.22 $0.24 $0.26 $0.28 $0.30 $0.31 $0.32 $0.33 $0.35 $9.35 5.02% <-IRR #YR-> 10 Total Return 2016
Price H/L Median $7.75 $7.63 $8.59 $6.57 $5.98 $6.70 $7.38 $6.83 $8.05 $9.30 $10.53 $9.23 $8.78 21.05% <-Total Growth 10 Stock Price
Increase -12.68% -1.61% 12.59% -23.47% -9.06% 12.05% 10.16% -7.46% 17.88% 15.60% 13.17% -12.30% -4.93% 1.93% <-IRR #YR-> 10 Stock Price 21.05%
P/E Ratio 12.50 10.59 13.01 12.40 18.11 7.61 8.68 8.98 10.06 11.20 10.02 11.68 14.39 4.59% <-IRR #YR-> 5 Stock Price 25.15%
Trailing P/E Ratio 10.20 12.30 11.92 9.95 11.27 20.29 8.38 8.03 10.59 11.63 12.68 8.79 11.11 5.45% <-IRR #YR-> 10 Price & Dividend
P/E on Running 5 yr Average 13.94 11.91 12.74 9.98 10.45 10.73 11.35 10.19 11.11 11.29 12.27 10.91 10.75 8.73% <-IRR #YR-> 5 Price & Dividend
P/E on Running 10 yr Average 13.91 12.99 14.14 10.79 10.34 11.35 11.43 10.16 11.64 13.32 14.20 12.34 11.81 10.25 P/E Ratio Historical Median
Median 10, 5 Yrs D. per yr 3.52% 4.14% % Tot Ret 64.59% 47.40% T P/E 10.59 P/E: 10.63 10.06 Count 25 Years of data
-$7.63 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.23
-$7.38 $0.00 $0.00 $0.00 $0.00 $9.23
-$7.63 $0.22 $0.24 $0.26 $0.28 $0.30 $0.31 $0.32 $0.33 $0.35 $9.59
-$7.38 $0.31 $0.32 $0.33 $0.35 $9.59
High Months Jan May Jan May
Price High $8.80 $8.25 $9.45 $8.39 $6.70 $8.14 $8.25 $7.15 $9.25 $10.75 $12.05 $9.75 $9.15 18.18% <-Total Growth 10 Stock Price
Increase -21.78% -6.25% 14.55% -11.22% -20.14% 21.49% 1.35% -13.33% 29.37% 16.22% 12.09% -19.09% -6.15% 1.68% <-IRR #YR-> 10 Stock Price 18.18%
P/E Ratio 14.19 11.46 14.32 15.83 20.30 9.25 9.71 9.41 11.56 12.95 11.48 12.34 15.00 3.40% <-IRR #YR-> 5 Stock Price 18.18%
Trailing P/E Ratio 11.58 13.31 13.13 12.71 12.64 24.67 9.38 8.41 12.17 13.44 14.52 9.29 11.58 11.56 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 12.17 P/E: 11.95 11.56 15.62 P/E Ratio Historical High
-$8.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.75
-$8.25 $0.00 $0.00 $0.00 $0.00 $9.75
Low Months Jan Oct Oct Aug
Price Low $6.70 $7.00 $7.72 $4.75 $5.25 $5.25 $6.50 $6.50 $6.84 $7.85 $9.00 $8.71 $8.40 24.43% <-Total Growth 10 Stock Price
Increase 3.08% 4.48% 10.29% -38.47% 10.53% 0.00% 23.81% 0.00% 5.23% 14.77% 14.65% -3.22% -3.56% 2.21% <-IRR #YR-> 10 Stock Price 24.43%
P/E Ratio 10.81 9.72 11.70 8.96 15.91 5.97 7.65 8.55 8.55 9.46 8.57 11.03 13.77 6.03% <-IRR #YR-> 5 Stock Price 34.00%
Trailing P/E Ratio 8.82 11.29 10.72 7.20 9.91 15.91 7.39 7.65 9.00 9.81 10.84 8.30 10.63 8.55 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 9.00 P/E: 8.77 8.57 6.59 P/E Ratio Historical Low
-$7.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.71
Long Term Debt $32.59 $26.69 $48.21 $35.88 $36.80 $44.60 $27.22 $54.57 $43.37 $63.99 $54.09 $58.79 $92.78 Debt
Change 108.82% -18.12% 80.64% -25.58% 2.57% 21.19% -38.96% 100.47% -20.53% 47.56% -15.47% 8.67% 57.83% 5.62% <-Median-> 10 Change
Debt/Market Cap Ratio 0.47 0.36 0.64 0.65 0.74 0.66 0.45 0.95 0.67 0.82 0.68 0.79 1.28 0.67 <-Median-> 10 % of Market C.
Goodwill & Intangibles $1.12 $1.12 $0.95 $1.71 $1.01 $0.96 $0.98 $0.96 $1.02 $5.07 $4.71 $4.16 $3.93 Intangibles Goodwill
Change -3.24% 0.21% -14.94% 79.73% -41.01% -5.37% 2.25% -2.17% 6.91% 395.67% -7.11% -11.66% -5.46% -3.77% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.02 0.02 0.01 0.03 0.02 0.01 0.02 0.02 0.02 0.07 0.06 0.06 0.05 0.02 <-Median-> 10 % of Market C.
Market Cap $70.0 $73.2 $75.6 $54.8 $49.4 $68.0 $59.9 $57.6 $64.6 $77.7 $79.8 $74.7 $72.7 $72.7 $72.7 13.93% <-Total Growth 10 Market Cap
10 year Market Cap Growth 9.15% 8.21% 6.42% 3.17% -0.39% 2.61% 2.14% 1.82% -0.51% -1.06% 1.31% 0.20% Per year count 14 10 year Market Cap Growth
Assume 3.82% Divudend 12.97% 12.03% 10.24% 6.99% 3.43% 6.43% 5.96% 5.64% 3.31% 2.76% 5.13% 4.02% Per year count 14 Assume 3.82% Divudend
Diluted # of Shares in Million 10.10 9.94 9.58 9.53 9.42 9.39 8.89 8.40 8.22 8.30 8.31 8.31 -16.39% <-Total Growth 10 Diluted
Change 0.86% -1.60% -3.63% -0.46% -1.12% -0.39% -5.26% -5.52% -2.17% 0.96% 0.09% -0.01% -0.79% <-Median-> 10 Change
Basic # of Shares in Millions 9.92 9.80 9.46 9.49 9.42 9.39 8.89 8.40 8.22 8.30 8.31 8.31 -15.25% <-Total Growth 10 Average
Change 1.33% -1.18% -3.46% 0.29% -0.74% -0.35% -5.26% -5.52% -2.17% 0.96% 0.08% 0.00% -0.54% <-Median-> 10 Change
Difference 0.10% -3.67% -0.10% -0.55% -0.12% -3.43% -1.97% -2.17% 0.00% 0.08% 0.00% 0.00% -0.11% <-Median-> 10 Difference
$8.03 <-12 mths -69.12%
# of Share in Millions 9.930 9.443 9.454 9.438 9.409 9.066 8.719 8.221 8.221 8.308 8.308 8.308 8.308 8.308 8.308 -1.27% <-IRR #YR-> 10 Shares -12.02%
Increase 0.55% -4.91% 0.12% -0.17% -0.31% -3.65% -3.82% -5.71% 0.00% 1.05% 0.00% 0.00% 0.00% 0.00% 0.00% -0.96% <-IRR #YR-> 5 Shares -4.72%
CF fr Op $Millon -$7.1 $11.0 $20.3 $14.0 $3.0 -$2.4 $19.1 $14.3 $8.4 -$6.5 $26.0 $26.0 $8.0 <-12 mths 135.98% <-Total Growth 10 Cash Flow
Increase -167.06% 256.00% 84.02% -30.88% -78.90% -181.26% 895.50% -25.41% -41.07% -178% 497.58% 0.00% -69.12% <-12 mths Buy Backs Share Issues SO
5 year Running Average $5.1 $3.3 $6.2 $9.8 $8.2 $9.2 $10.8 $9.6 $8.5 $6.6 $12.2 $13.6 $12.4 <-12 mths 314.57% <-Total Growth 10 CF 5 Yr Running
CFPS -$0.71 $1.17 $2.14 $1.48 $0.31 -$0.26 $2.19 $1.73 $1.02 -$0.79 $3.13 $3.13 $0.97 <-12 mths 168.22% <-Total Growth 10 Cash Flow per Share
Increase -166.70% 264.05% 83.80% -30.76% -78.84% -184.34% 927.12% -20.90% -41.07% -177% 497.58% 0.00% -69.12% <-12 mths 8.96% <-IRR #YR-> 10 Cash Flow 135.98%
5 year Running Average $0.54 $0.35 $0.66 $1.03 $0.88 $0.97 $1.17 $1.09 $1.00 $0.78 $1.46 $1.65 $1.49 <-12 mths 6.35% <-IRR #YR-> 5 Cash Flow 144.44%
P/CF on Med Price -10.90 6.54 4.00 4.43 19.02 -25.27 3.37 3.94 7.88 -11.82 3.36 2.95 9.08 <-12 mths 10.37% <-IRR #YR-> 10 Cash Flow per Share 168.22%
P/CF on Closing Price -9.91 6.64 3.73 3.91 16.71 -28.31 3.13 4.04 7.69 -11.88 3.07 2.87 9.06 <-12 mths 7.38% <-IRR #YR-> 5 Cash Flow per Share 42.78%
148.05% Diff M/C 16.86% <-IRR #YR-> 10 CFPS 5 yr Running 375.16%
$35.45 <-12 mths -5.69%
Excl.Working Capital CF $13.09 -$1.84 $27.62 -$7.90 -$0.01 $11.71 -$8.15 $23.67 $1.55 $20.58 -$13.33 $11.60 $0.00 $0.00 6.98% <-IRR #YR-> 5 CFPS 5 yr Running 40.15%
CF fr Op $M WC $6.02 $9.17 $47.89 $6.11 $2.95 $9.31 $10.96 $37.92 $9.95 $14.04 $12.66 $37.59 $8.03 <-12 mths 309.73% <-Total Growth 10 Cash Flow less WC
Increase -26.00% 52.30% 422.01% -87.23% -51.80% 215.95% 17.67% 246.15% -73.76% 41.13% -9.82% 196.86% -78.65% <-12 mths 15.15% <-IRR #YR-> 10 Cash Flow less WC 309.73%
5 year Running Average $5.7 $7.0 $15.6 $15.5 $14.4 $15.1 $15.4 $13.5 $14.2 $16.4 $17.1 $22.4 $16.5 <-12 mths 27.96% <-IRR #YR-> 5 Cash Flow less WC 243.12%
CFPS Excl. WC $0.61 $0.97 $5.07 $0.65 $0.31 $1.03 $1.26 $4.61 $1.21 $1.69 $1.52 $4.52 $0.97 <-12 mths 12.43% <-IRR #YR-> 10 CF less WC 5 Yr Run 222.59%
Increase -26.40% 60.16% 421.38% -87.21% -51.65% 227.91% 22.35% 267.10% -73.76% 39.67% -9.82% 196.86% -78.65% <-12 mths 7.75% <-IRR #YR-> 5 CF less WC 5 Yr Run 45.26%
5 year Running Average $0.58 $0.72 $1.64 $1.62 $1.52 $1.61 $1.66 $1.57 $1.68 $1.96 $2.06 $2.71 $1.98 <-12 mths 16.63% <-IRR #YR-> 10 CFPS - Less WC 365.71%
P/CF on Median Price 12.78 7.85 1.69 10.14 19.08 6.52 5.87 1.48 6.65 5.50 6.91 2.04 <-12 mths 29.21% <-IRR #YR-> 5 CFPS - Less WC 260.10%
P/CF on Closing Price 11.62 7.98 1.58 8.97 16.76 7.30 5.47 1.52 6.50 5.53 6.30 1.99 9.06 <-12 mths 14.20% <-IRR #YR-> 10 CFPS 5 yr Running 277.37%
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 3.65 5 yr 3.36 P/CF Med 10 yr 6.19 5 yr 5.50 46.22% Diff M/C 10.29% <-IRR #YR-> 5 CFPS 5 yr Running 63.20%
-$1.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.13 Cash Flow per Share
-$2.19 $0.00 $0.00 $0.00 $0.00 $3.13 Cash Flow per Share
-$0.35 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.65 CFPS 5 yr Running
-$1.17 $0.00 $0.00 $0.00 $0.00 $1.65 CFPS 5 yr Running
-$9.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $37.6 Cash Flow less WC
-$11.0 $0.0 $0.0 $0.0 $0.0 $37.6 Cash Flow less WC
-$7.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $22.4 CF less WC 5 Yr Run
-$15.4 $0.0 $0.0 $0.0 $0.0 $22.4 CF less WC 5 Yr Run
-$0.97 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.52 CFPS - Less WC
-$1.26 $0.00 $0.00 $0.00 $0.00 $4.52 CFPS - Less WC
OPM Ratio -26.92% 38.16% 71.51% 49.93% 12.29% -7.65% 67.26% 55.05% 32.21% -21.62% 82.32% 91.14% 138.80% <-Total Growth 10 OPM
Increase -170.10% 241.77% 87.38% -30.18% -75.38% -162.22% 979.46% -18.16% -41.49% -167% 480.69% 10.71% Should increase or be stable.
Diff from Median -151.3% -27.3% 36.2% -4.9% -76.6% -114.6% 28.1% 4.9% -38.6% -141.2% 56.8% 73.6% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 52.49% 5 Yrs 55.05% should be zero, it is a check on calculations
Current Assets $85.4 $82.0 $105.1 $101.0 $90.2 $106.9 $92.0 $118.4 $113.2 $143.4 $146.7 $147.2 $180.2 Liquidity ratio of 1.5 and up, best Quick Ratio
Current Liabilities $12.9 $13.1 $14.0 $14.0 $12.5 $17.8 $19.0 $18.3 $18.2 $21.4 $17.0 $15.4 $14.6 6.96 <-Median-> 10 Ratio
Liquidity Ratio 6.64 6.24 7.49 7.20 7.21 5.99 4.85 6.47 6.22 6.71 8.62 9.54 12.32 6.71 <-Median-> 5 Ratio
Liq. with CF aft div 5.83 6.94 8.79 8.04 7.25 5.25 5.72 7.11 6.53 5.95 9.98 11.03 12.66 7.11 <-Median-> 5 Ratio
Liq. CF re Inv+Div 5.18 6.91 8.74 7.91 7.20 5.23 5.68 7.09 6.52 5.04 1.47 10.92 12.66 6.52 <-Median-> 5 Ratio
Assets $90.1 $84.7 $107.1 $103.5 $97.9 $112.9 $98.3 $124.6 $120.8 $154.6 $154.6 $154.9 $189.5 Debt Ratio of 1.5 and up, best Current Ratio
Liabilities $51.5 $45.0 $67.9 $55.3 $54.6 $68.4 $50.5 $77.2 $67.4 $93.3 $81.5 $79.2 $114.9 1.79 <-Median-> 10 Ratio
Debt Ratio 1.75 1.88 1.58 1.87 1.79 1.65 1.95 1.61 1.79 1.66 1.90 1.96 1.65 1.79 <-Median-> 5 Ratio
Book Value 38.56 39.72 39.20 48.18 43.36 44.57 47.86 47.42 53.43 61.33 73.07 75.68 74.65
NCI 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book Value $38.6 $39.7 $39.2 $48.2 $43.4 $44.6 $47.9 $47.4 $53.4 $61.3 $73.1 $75.7 $74.7 $74.7 $74.7 90.55% <-Total Growth 10 Book Value
Book Value per share $3.88 $4.21 $4.15 $5.10 $4.61 $4.92 $5.49 $5.77 $6.50 $7.38 $8.79 $9.11 $8.99 $8.99 $8.99 116.59% <-Total Growth 10 Book Value per Share
Increase 9.61% 8.30% -1.43% 23.12% -9.73% 6.71% 11.63% 5.08% 12.69% 13.60% 19.13% 3.58% -1.36% 0.00% 0.00% -29.89% P/B Ratio Current/Historical Median
P/B Ratio (Median) 2.00 1.81 2.07 1.29 1.30 1.36 1.34 1.18 1.24 1.26 1.20 1.01 0.98 1.39 P/B Ratio Historical Median
P/B Ratio (Close) 1.82 1.84 1.93 1.14 1.14 1.53 1.25 1.21 1.21 1.27 1.09 0.99 0.97 0.97 0.97 8.03% <-IRR #YR-> 10 Book Value per Share 116.59%
Change -26.49% 1.50% 4.72% -41.01% 0.10% 33.88% -17.94% -3.03% -0.35% 4.72% -13.81% -9.59% -1.33% 0.00% 0.00% 10.66% <-IRR #YR-> 5 Book Value per Share 65.98%
Leverage (A/BK) 2.34 2.13 2.73 2.15 2.26 2.53 2.05 2.63 2.26 2.52 2.12 2.05 2.54 2.26 <-Median-> 5 A/BV
Debt/Equity Ratio 1.34 1.13 1.73 1.15 1.26 1.53 1.05 1.63 1.26 1.52 1.12 1.05 1.54 1.26 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/BV 10 yr Med 1.27 5 yr Med 1.20 -23.53% Diff M/C 2.12 Historical Leverage (A/BK)
-$4.21 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.11
-$5.49 $0.00 $0.00 $0.00 $0.00 $9.11
$5.27 <-12 mths -3.66%
Comprehensive Income $7.23 $1.65 $11.58 -$2.11 $6.42 $8.40 $5.54 $8.67 $9.78 $14.62 $5.47 -24.32% <-Total Growth 10 Comprehensive Income
Increase 603.03% -118.25% 404.08% 30.83% -34.12% 56.54% 12.90% 49.48% -62.58% 12.90% <-Median-> 5 Comprehensive Income
5 Yr Running Average $4.95 $5.19 $5.97 $5.38 $7.76 $9.40 $8.82 -2.75% <-IRR #YR-> 10 Comprehensive Income -24.32%
ROE 18.2% 4.2% 24.0% -4.9% 14.4% 17.6% 11.7% 16.2% 16.0% 20.0% 7.2% -8.22% <-IRR #YR-> 5 Comprehensive Income -34.88%
5Yr Median 11.2% 14.4% 14.4% 14.4% 14.4% 16.0% 16.2% 16.0% 10.09% <-IRR #YR-> 6 5 Yr Running Average #DIV/0!
% Difference from NI 1.60% -73.81% 129.63% -168.39% -22.19% 10.79% -13.19% 32.55% 42.22% 66.97% -16.67% 11.19% <-IRR #YR-> 5 5 Yr Running Average 69.96%
Median Values Diff 5, 10 yr -1.2% 32.5% 16.0% <-Median-> 5 Return on Equity
-$7.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $5.5
-$8.4 $0.0 $0.0 $0.0 $0.0 $5.5
-$5.0 $0.0 $0.0 $0.0 $0.0 $0.0 $8.8
-$5.2 $0.0 $0.0 $0.0 $0.0 $8.8
Current Liability Coverage Ratio 0.47 0.70 3.41 0.44 0.24 0.52 0.58 2.07 0.55 0.66 0.74 2.44 CFO / Current Liabilities
5 year Median 0.58 0.58 0.70 0.50 0.47 0.52 0.52 0.52 0.55 0.58 0.66 0.74 0.74 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 6.69% 10.83% 44.70% 5.91% 3.01% 8.24% 11.14% 30.44% 8.24% 9.08% 8.19% 24.27% CFO / Total Assets
5 year Median 6.7% 9.4% 10.8% 10.8% 6.7% 8.2% 8.2% 8.2% 8.2% 9.1% 9.08% 9.08% 9.1% <-Median-> 5 Return on Assets
Return on Assets ROA 6.9% 8.4% 5.9% 4.9% 3.2% 7.3% 7.7% 5.1% 5.4% 4.4% 5.7% 4.2% Net Income/Assets Return on Assets
5Yr Median 6.9% 7.8% 7.8% 6.9% 5.9% 5.9% 5.9% 5.1% 5.4% 5.4% 5.4% 5.1% 5.1% <-Median-> 5 Asset Efficiency Ratio
Return on Equity ROE 16.1% 17.9% 16.0% 10.5% 7.1% 18.5% 15.8% 13.4% 12.2% 11.2% 12.0% 8.7% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 13.0% 16.1% 16.1% 16.1% 16.0% 16.0% 15.8% 13.4% 13.4% 13.4% 12.2% 12.0% 12.0% <-Median-> 5 Return on Equity
$5.07 <-12 mths -22.80%
Total Net Income Total Net Income
NCI NCI
Net Income $6.21 $7.12 $6.29 $5.04 $3.09 $8.25 $7.58 $6.38 $6.54 $6.88 $8.76 $6.57 $5.1 <-12 mths -7.74% <-Total Growth 10 Net Income
Increase -18.54% 14.60% -11.66% -19.82% -38.73% 167.27% -8.12% -15.93% 2.53% 5.22% 27.32% -25.03% -22.80% <-12 mths EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $5.45 $6.29 $6.62 $6.46 $5.55 $5.96 $6.05 $6.07 $6.37 $7.13 $7.23 $7.02 $6.76 <-12 mths -0.80% <-IRR #YR-> 10 Net Income -7.74%
Operating Cash Flow -$7.06 $11.02 $20.27 $14.01 $2.96 -$2.40 $19.11 $14.25 $8.40 -$6.54 $25.99 $25.99 -2.84% <-IRR #YR-> 5 Net Income -13.42%
Investment Cash Flow -$1.86 -$0.05 -$0.08 -$0.22 -$0.09 -$0.08 -$0.15 -$0.05 -$0.05 -$4.36 -$98.21 -$0.16 1.11% <-IRR #YR-> 10 5 Yr Running Average 11.70%
Total Accruals $15.13 -$3.85 -$13.90 -$8.75 $0.22 $10.74 -$11.38 -$7.83 -$1.81 $17.78 $80.97 -$19.27 3.03% <-IRR #YR-> 5 5 Yr Running Average 16.07%
Total Assets $90.10 $84.68 $107.13 $103.50 $97.94 $112.94 $98.31 $124.59 $120.81 $154.62 $154.56 $154.87 Balance Sheet Assets
Accruals Ratio 16.79% -4.55% -12.98% -8.45% 0.22% 9.51% -11.57% -6.28% -1.50% 11.50% 52.39% -12.44% -1.50% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 1.02 0.74 0.13 0.82 1.05 0.86 0.68 0.16 0.66 0.49 0.69 0.17 0.67 <-Median-> 10 EPS/CF Ratio
-$7.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $6.6
-$7.6 $0.0 $0.0 $0.0 $0.0 $6.6
-$6.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $7.0
-$6.1 $0.0 $0.0 $0.0 $0.0 $7.0
Change in Close -19.43% 9.93% 3.23% -27.38% -9.64% 42.86% -8.40% 1.89% 12.29% 18.96% 2.67% -6.35% -2.67% 0.00% 0.00% Count 23 Years of data
up/down down Up Up down up up down down up Count 16 69.57%
Meet Prediction? yes yes yes % right Count 5 31.25%
Financial Cash Flow $10.8 -$10.1 $20.2 -$14.8 -$3.0 $6.7 -$20.6 $21.5 -$14.9 $14.1 -$22.4 $1.0 C F Statement Financial Cash Flow
Total Accruals $4.4 $6.2 -$34.1 $6.1 $3.2 $4.0 $9.2 -$29.3 $13.1 $3.6 $103.4 -$20.2 Accruals
Accruals Ratio 4.84% 7.38% -31.81% 5.88% 3.24% 3.55% 9.41% -23.50% 10.82% 2.35% 66.88% -13.07% 2.35% <-Median-> 5 Ratio
Cash $1.2 $2.2 $1.1 $1.0 $0.3 $4.5 $2.9 $9.9 $3.4 $7.1 $12.4 $9.1 $6.9 Cash
Cash per Share $0.12 $0.23 $0.12 $0.11 $0.04 $0.50 $0.33 $1.20 $0.42 $0.86 $1.50 $1.09 $0.83 $1.09 <-Median-> 5 Cash per Share
Percentage of Stock Price 1.67% 2.94% 1.52% 1.81% 0.69% 6.68% 4.76% 17.20% 5.33% 9.14% 15.60% 12.15% 9.51% 12.15% <-Median-> 5 % of Stock Price
Notes
September 16, 2017. There were no estimates given last year.
Since 1978, Accord has provided financing services to a variety of small and medium-sized enterprises (SMEs) across Canada and the U.S
Accord Financial Corp. is a holding company, listed on the Toronto Stock Exchange (TSX:ACD). It has three operating companies: Accord Financial Ltd. operates our receivables management, credit
guarantee and collections business; Accord Financial Inc. operates our financing business in Canada; Accord Financial, Inc. operates our financing business in the U.S.
1988 Dividends were started.
Sector:
Financial Service, Finance
What should this stock accomplish?
Would I buy this company and Why.
If I was looking for a small cap financial stock, I would consider this stock. The dividend is good and it does raise the dividend regularly.
It has had some problems recently, but a lot of companies are with this long drawn out recover. As with all small cap stocks there is low trading volume.
Why am I following this stock.
Fred Poulin from Stocktwits recommended this stock saying it was a small cap that pay dividends. Also the stock has a solid background and would be a good filler stock.
Dividends
Dividends are paid in cycle 3 of March, June, September and December. Dividends are declared in one month and paid in the following month.
For example, the dividend payable for shareholders of record of August 15, 2016 is payable on September 1, 2016.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers
For employees
For community
For investors
How they make their money.
Accord Financial Corp. is a provider of asset-based financial services to businesses, such as asset-based lending (ABL), including factoring, lease financing, working capital financing, credit protection and
receivables management, and supply chain financing for importers.
Shares; '%, Value $M Shares %, Val $M Shares %, Val $M
Date Sep 04 2016 Sep 16 2017
Henderson, Thomas Lawrence 0.089 1.07% 0.098 1.18%
CEO - Shares - Amount $0.802 $0.859
Options - percentage 0.000 0.00% 0.000 0.00%
Options - amount $0.000 $0.000
Adair, Stuart Adair 0.000 0.00% 0.000 0.00% Last filing 2009
CFO - Shares - Amount $0.000 $0.000 Still on site as CFO
Options - percentage 0.012 0.14% 0.012 0.14% under profile
Options - amount $0.108 $0.105
Bates, Jean Rene 0.004 0.05% 0.004 0.05% Last filing 2005
Officer - Shares - Amount $0.039 $0.038
Options - percentage 0.006 0.07% 0.006 0.07%
Options - amount $0.054 $0.053
Beutel, David Michael 0.000 0.00% 0.000 0.00% Last filing 2016
Director - Shares - Amount $0.000 $0.000
Options - percentage 0.040 0.48% 0.040 0.48%
Options - amount $0.360 $0.350
Hitzig, Kenneth 2.000 24.07% 2.000 24.07% Last filing 2012
Chairman - Shares - Amt $17.980 $17.500
Options - percentage 0.000 0.00% 0.000 0.00%
Options - amount $0.000 $0.000
Increase in O/S Shares 0.000 0.00% 0.000 0.00% Yes 0
Due to SO $0.000 $0.000
Book Value $0.000 $0.000
Insider Buying -$0.189 -$0.318
Insider Selling $0.000 $0.044
Net Insider Selling -$0.189 -$0.274
Net Selling % of Market Cap -0.25% -0.38%
Directors 7 7
Women 0 0% 0 0%
Minorities 0 0% 0 0%
Institutions/Holdings 0 0.00% 3 0.00% Hitzig Bros., Hargreaves & Co. Inc 2.000
Value $45.020 Oakwest Corporation Limited 1.926
Total Shares Held 0.000 0.00% 4.973 59.87% 3502236 Canada Inc 1.048
Value $44.712 as if March 2017
Increase/Decrease 3 Mths 0.000 #DIV/0! 0.000 0.00%
Starting No. of Shares 0.000 4.973 Morningstar 3502236 Canada Inc Diectors
Howarnd Tom
Copyright 2008 Website of SPBrunner. All rights reserved. Andy Tom
Tony Tom
Robert Tom
5595 De Lamotte Street
Montreal QC
Start Date 0-Jan-00 Shares 700
End date 0-Jan-00 Dividends pd per Share $0.00
Years 0.00 Div less cost -$25.95
Cost $25.95
% paid by div 0.00%