IWG.V - IWG Technologies Inc. (IWRGF)

[Guest Schwab711]

IWG.V develops and manufactures water treatment equipment for aircraft OEMs (mainly Boeing and Gulfstream) under the name International Water-Guard.

 

In short:

• ROE has gone from 11% in 2011 to 22% in 2015.
  
• ROA has gone from 6.6% in 2011 to 16.1% in 2015
  
• EV/EBITDA is 5.2x
  
• EV/EBIT is 5.1x
  
• P/E is 9.9x
  
• MC = CAD 13.4m; Net Cash = CAD 3.5m

 

Sales are in USD and costs are in CAD. The company couldn't have a better operating environment than right now. It is very possible that sales/earnings/margins/returns are at all-time peaks. If current FX remains stable, this will be a homerun. Altogether, too much risk for myself.

[bigbluffzinc]

For any new investors who look at this name, I would just make sure you're aware liquidity is extremely low on average both going up and going down over the past eighteen months.  That's to be expected in something this small but it's something people can overlook.