Tuesday January 05, 2021 05 January 2021

NEWS BITES - NORTH AMERICA

Bombardier Inc. (TSX:BBD.B), Canada's 2nd largest Aerospace & defense company by market cap, was unchanged to close at 47.0c. Compared with the S&P/TSX 60 Index which rose 9.4 points (0.9%) in the day, the relative price change was -0.9%. Today the stock traded at its 13-day low of 46.25c.

In the Canadian market of 1,673 stocks and 56 units traded today, the stock has a 30-day relative price strength of 13 indicating it is trailing 87% of the market.

There were 3,415,155 shares worth CAD1.6 million ($1.3 million) traded today. The volume was 0.2 times the average daily trading volume of 15.4 million shares.

FY 2020

Bombardier Class B continues downtrend, sinks 75.1% in 2020

Bombardier Inc. (TSX:BBD.B), Canada's 2nd largest Aerospace & Defense company by market cap, has plummeted CAD1.45 (or 75.1%) in 2020 to close at 48.0c. Compared with the S&P/TSX 60 Index which has risen 1.9% in 2020, this is a relative price change of -77.1%.

The stock is amongst the bottom 1% of Canada-listed stocks in 2020. Market Capitalization has plunged by CAD3.1 billion ($2.4 billion) to CAD1 billion ($797.8 million).

Average daily volume of 10.6 million shares in 2020 was 1.3 times the average daily volume in 2019.

BBD.B Stock Dashboard [traded in Canadian Dollar, CAD]

CurrencyCAD 1 = USD 0.78SectorAerospace & Defense
Jan 05 close47.0c [CAD 1 = 100c]Shares Outstanding2,126,514,345
Ave Daily Volume15,387,418 sharesMarket CapCAD999.5 million [$783.8 million]
52-Week Range0.26 - 1.94

Primary Exchange and Other Listings: Trading Currency and Volume

ExchangeTickerCurrencyLastADVTVol % of TotalToday's VI
TorontoBBD.BCAD0.4711,919,85990.90.3
FrankfurtBBDBEUR0.3417,4929.10.8
Total100.00

1 CAD [Canadian Dollar]= 1.5566 EUR

ADVT= Avg. Daily Volume of Trading; VI= Volume Index (1 is avg)

INDEX

SECTION 1 Recent News

SECTION 2 Corporate Profile

SECTION 3 Today's Bullish Signals

SECTION 4 Ongoing Bullish Parameters

SECTION 5 Today's Bearish Signals

SECTION 6 Ongoing Bearish Parameters

SECTION 7 Peer Group Analysis & Ranking

SECTION 8 News Archives (Nov 2018 - Aug 2019)

SECTION 9 Currency Synopsis: Canadian Dollar (CAD)

SECTION 10 Historical Perspective

SECTION 11 Macroeconomic Indicators

SECTION 12 Credit Rating Summary

Glossary

LINKS TO FURTHER INFORMATION ON BBD.B:

EXCEL TABLES ARE AVAILABLE TO EXPORT DATA AS FOLLOWS:

+ PRICE VOLUME - 5-YEAR HISTORY

+ PRICE VOLUME CHARTS IN HTML

+ USD vs CAD EXCHANGE RATE CHARTS IN HTML

SECTION 1 Recent News

1.1 Analyst Recommendations: Past Month

DateBrokeragePast RatingCurrent RatingPrev TargetPrice Target
Jan 05, 2021CIBCNeutralUnderperform--
Jan 04, 2021CIBCNeutralUnderperform--
Dec 11, 2020TD Securities-Hold0.350.55
Dec 10, 2020TD Securities-Hold0.350.55
Dec 08, 2020CIBC--0.40.5

SECTION 2 Corporate Profile

2.1 Activities

Bombardier Inc is a manufacturer of transportation equipment, including business and commercial aircraft and rail transport equipment and systems. It operates in two segments aerospace segment and transportation segment.

2.2 Contact Details

Websitehttp://www.bombardier.com
Physical Address800 boul Ren-Lvesque O, Montral, QC, CA, H3B 1Y8
Phone(514) 861-9481
Fax(514) 861-7769

2.3 Industry & Sector

Classification LevelName of Sector
Economic SectorIndustrials
Business SectorIndustrial Goods
Industry GroupAerospace & Defense
IndustryAerospace & Defense
ActivityAerospace & Defense - NEC*

* NEC: Not elsewhere classified

2.4 North American Industry Classification System [NAICS]

Code: 336411

Industry Title: Aircraft Manufacturing

SECTION 3 Today's Bullish Signals

3.1 Uptrend

Beta > 1 combined with price rise. The Beta of the stock is 1.5.

Exponential Moving Average Price of 1.1 and positive MACD:

- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 0.48 minus the 26-day EMA of 0.46 is positive, suggesting a bullish signal.

- The price to 50-day EMAP ratio is 1.1, a bullish indicator. In the past 50 days this ratio has exceeded 1.1, 28 times suggesting further upside. The 50-day EMAP has increased to 43.25c. An increase is another bullish indicator.

SECTION 4 Ongoing Bullish Parameters

4.1 Rank in the top 15% by Size in the Canadian market

DescriptionValueRank
Ave daily TurnoverCAD1.6 million ($1.3 million)In Top 4%
MCap$783.8 millionIn Top 15%

4.2 Present Value of CAD1000 Invested in the Past 3 Months; The Best Period with PVCAD1000 > 1,361

PVCAD1,0003 mo ago
BBD.B.TSXCAD1,362
Aerospace & Defense sectorCAD1,589
S&P/TSX 60 IndexCAD1,090

4.3 Past quarter: price rise of 36.2%

3-Month price change of 36.2% for Bombardier Class B outperformed the change of 6.4% in the S&P/TSX 60 index for a relative price change of 29.8%.

Price Change %Quarter
Bombardier Class B36.2
Aerospace & Defense sector58.9
S&P/TSX 60 index6.4

4.4 Increased Volume, up 118% in 5 years

In the past five years, Average Daily Volume of Trading (ADVT) has increased 117.7% to 15.4 million shares.

Avg. Daily Volume Traded 12 months ended Jan 05, million shares

YearADVT
202115.4
20207.9
20199.8
20186.3
20177.1

SECTION 5 Today's Bearish Signals

5.1 Momentum Down 5.1% Past Week

Bombardier Class B underperformed the S&P/TSX 60 index in 3 out of 5 days. The price ranged between a low of 0.47 on Monday, Jan 04 and a high of 0.49 on Thursday, Dec 24.

DayBombardier Class BClose price [CAD]Price change %Relative change % *Comment
MondayFalls for a second consecutive day, a two-day fall of 3.1%0.47-2.1-2.5Week-low of 0.47
ThursdayLoses CAD11 million ($8 million) (1.0%) in MCap, steepest heavyweight fall in Aerospace & defense sector0.48-1.0-0.4Price fall on slipping relative strength
WednesdayIncreases 1.0%0.481.01.3Price/MAP50 above 1
TuesdayLoses CAD32 million ($25 million) (3.0%) in MCap, steepest heavyweight fall in Aerospace & defense sector0.48-3.0-2.6Steepest Fall
ThursdayIn top 1% performers of S&P/TSX 60 Index0.495.35.1Week-high of 0.49; Top Rise

* Relative change is price change of stock with respect to Benchmark Index, S&P/TSX 60 index.

5.2 Rank in the bottom 19% by Price Performance in the Canadian market

DescriptionValueRank
1-month Price Change %-6.0In Bottom 19%
1-week Price Change %-2.1In Bottom 18%
PV1000 [1 yr] $251In Bottom 4%

5.3 Downtrend

Past Month:

- Falls to Rises: In the past month the number of falls outnumbered rises 9:5 or 1.8:1.

Past Quarter:

- In the last three months the stock has hit a new 52-week low ten times, pointing to a significant downtrend.

The Worst 3 weeks in the past quarter

In the past quarter the steepest fall of 12.5% took place in the week beginning Monday October 26.

Mon-FriChange %S&P/TSX 60 index Change %RPC %Vol Ind [1 is avg]
Oct 26-30-12.5-4.5-80.3
Dec 07-11-80.4-8.40.3
Nov 09-13-5.12.9-80.3

Trailing Relative Strength (6 months) at 29 percentile:

- The stock has a 6-month relative strength of 29 in the Canadian market of 1,673 stocks, 56 units and 286 preference stocks indicating it is trailing 71% of the market.

SECTION 6 Ongoing Bearish Parameters

6.1 Past three-years

- Bombardier Class B fell for a third consecutive year. In the past three years it has fallen CAD2.36 (83.4%).

6.2 Present Value of CAD1000 Invested in the Past Year; The Worst Period with PVCAD1000 < 247

PVCAD1,0001 yr ago
BBD.B.TSXCAD246
Aerospace & Defense sectorCAD978
S&P/TSX 60 IndexCAD1,033

6.3 The Worst Periods [1 Yr, 3 Yrs] with Price Change % < -75.3

3-Year price change of -83.7% for Bombardier Class B underperformed the change of 7.6% in the S&P/TSX 60 index for a relative price change of -91.4%.

Price Change %Year3 Years
Bombardier Class B-75.4-83.7
Aerospace & Defense sector-2.222.8
S&P/TSX 60 index3.37.6

6.4 Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Periods with TSR < -18.8%

TSR %1 yr3 yrs5 yrs10 yrs
BBD.B.TSX-75.4-45.1-18.9-19.4

6.5 Declining VWAP, down 58% in 5 years

In the past five years Volume Weighted Average Price (VWAP) has decreased by 58.5% to 67.83c. .

Past five years, 12 months ended Jan 05 (CAD)

YearHigh PriceVWAPLow Price
20211.940.680.26
20203.032.231.53
20195.583.531.58
20183.242.521.96
20172.491.640.72

6.6 Declining share turnover, down 33% in 5 years

In the past five years, average daily share turnover has decreased 32.6% to CAD7.9 million ($6.2 million). This suggests decreased liquidity.

Past five years, 12 months ended Jan 05 (CAD million)

YearAverage Daily Turnover
20217.9
202017.6
201934.4
201815.9
201711.7

SECTION 7 Peer Group Analysis & Ranking

7.1 Global Peer Group (all figures in $): Key Financials

In its Global Peer Group of 9 companies BBD.B is ranked first by Revenue, Total Assets, fifth by MCap, sixth by Relative Str. (6 mo), eighth by Net Profit and ninth by PV $1000 (1 yr).

Name (Code)Relative Str. (6 mo)MCapPV $1000 (1 yr)RevenueNet ProfitTotal Assets
Rank of BBD.B659181
Bombardier Class B (BBD.B)54783.8M250.916.2B(516M)25B
Hainan Shennong Technology (300189)871B1,629.617.2M(50.4M)171.8M
OHB (OHB)13848.6M1,089.21.3B31.3M1.1B
SP Korolev Rocket and Space Public Co Energia (RKKE)69799.8M1,237.9
Evertz Technologies (ET)57793.8M831.9343.6M54M349.2M
Xiamen International Airport - A Share (600897)34772.8M852.3273.3M79.3M697.4M
Irkut Corp (IRKT)17704.1M599.81.9B36M2.3B
Aerosun- A Share (600501)61696.6M1,424.3459.2M5.3M725.6M
Triumph Group (TGI)77654M499.22.9B(28.1M)3B

Global Peer Group: Relative Value Indicators

BBD.B is ranked fourth by Turnover Rate.

Name (Code)Country CodeLast PriceP/SP/BookTurnover Rate (%)% Disc to 52-w Hi
Rank of BBD.B4
Bombardier Class B (BBD.B)CA47.0c263.976.1
Hainan Shennong Technology (300189)CNCNY6.5159.37.51,010.522.0
OHB (OHB)DEEUR39.600.731.116.715.2
SP Korolev Rocket and Space Public Co Energia (RKKE)RURUB7,600.00.737.4
Evertz Technologies (ET)CACAD13.252.34.08.826.9
Xiamen International Airport - A Share (600897)CNCNY16.763.91.4131.526.8
Irkut Corp (IRKT)RURUB25.062.242.0
Aerosun- A Share (600501)CNCNY10.681.32.2533.424.6
Triumph Group (TGI)US$11.740.2643.655.0

7.2 BuySellSignals Fundamentals Valuation Ranking: Bombardier Class B vs Canadian Market

Out of 1,673 stocks and 56 units in the Canadian Market, Bombardier Class B is ranked Forty-second by Discount to 52-Wk High, 278th by Market Cap $, 743rd by Premium to 52-Wk Low and 962nd by EBITDA Margin%.

Canadian AvgBBD.BRankRank 1Rank 2Rank 3Lowest Rank
Discount to 52-Wk High (%)3.175.84296.5 MILE94.6 CFW92.2 JE0.04 INE
Market Cap $1.3 B783.8 M278134.5 B SHOP118.5 B RY103.2 B TD241,823 LRT.UN
Premium to 52-Wk Low (%)69.580.87431.2 CFW5.2 ROXG7.1 AXM6385.7 HSM
EBITDA Margin%13.3(2.9)96289.9 CHW88.1 MIC87.8 MID.UN(89.1) GGG
Net Profit $5.4 M(516 M)37809.1 B TD9 B RY9 B RY.PR.Z

Negative values are shown in brackets.

7.3 Share in Index

Bombardier Class B is a constituent of the following indices. Its market capitalisation accounts for 0.1% of the combined MCap of the S&P/TSX 60 Index.

Index NameMCap of Index ($ B)MCap as % of Index
S&P/TSX 60 Index1,332 0.1
S&P/TSX Composite Index1,793 0.04

7.4 Global Rank [out of 48,014 stocks] and Rank of Bombardier Class B in the American Region [out of 11,956 stocks]

DescriptionValueGlobal RankIn Am Region
MCap ($)783.8M10,1562,892
Total Assets ($)25B1,606605
Revenue ($)16.2B942392
Net Profit ($)(516M)42,7489,756
Net Profit Margin %(3.4)28,8384,354
PV1000 (1Year) $*25140,4998,767
$* Change (1Year) %-74.640,0078,762

* 1 year ago CAD 1 = $ 0.77

Jan 05, 2021: CAD 1 equals $ 0.78

7.5 Rank of Bombardier Class B in the S&P/TSX 60 Index [out of 56 stocks], in the Total Canadian Market [out of 2284 stocks] and in the Aerospace & defense sector [out of 12 stocks]

DescriptionValueIn S&P/TSX 60 IndexIn Total Canadian MarketIn Aerospace & defense sector
MCap (CAD)999.5M562722
Total Assets (CAD)34.1B262221
Revenue (CAD)22.1B161281
Net Profit (CAD)(703.6M)522,6698
Net Profit Margin %(3.4)508874
PV1000 (1Year) CAD246552,08712

7.6 Long-Term Fundamental Ranking: 4 out of 5 [5 is best]

Bombardier Class B is ranked number 2 out of 13 listed aerospace & defense companies in the Canada with a market capitalization of CAD999.5 million ($783.8 million).

Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.

SECTION 8 News Archives (Nov 2018 - Aug 2019)

SECTION 9 Currency Synopsis: Canadian Dollar (CAD)

9.1 % Change of USD vs Currency Basket Period-Based

In the past three years the US Dollar rose 1.1% against the Canadian Dollar. However, in the past year the US Dollar fell 2.2% against the Canadian Dollar.

LastCountry1-day %1-week %1-Year %3-Yrs %
USD1=1.268CADCanada-0.8-1.1-2.21.1
USD1=8.178SEKSweden-0.9-0.4-13.1-
USD1=1.318SGDSingapore-0.2-0.7-2.4-0.9
USD1=0.734GBPUnited Kingdom-0.4-0.9-3.4-0.8
USD1=102.707JPYJapan-0.4-0.8-5.3-8.7
USD1=8.471NOKNorway-1.0-1.8-3.74.5
USD1=19.888MXNMexico-0.4-0.25.42.8
USD1=6.456CNYChina-0.1-1.1-7.5-0.7
USD1=1.0USDUnited States Of America0.0---
USD1=0.813EUREuropean Union-0.4-0.4-9.0-2.3
USD1=7.753HKDHong Kong---0.2-0.8
USD1=1,087.118KRWSouth Korea0.1-0.5-6.92.4
USD1=0.879CHFSwitzerland-0.3-0.6-9.3-10.1
USD1=1.379NZDNew Zealand-1.1-1.5-8.1-2.2
USD1=1.288AUDAustralia-1.3-2.0-10.70.9

9.2 % Change of CAD vs Currency Basket Period-Based

In the past three years the Canadian Dollar fell 2.0% against the Hong Kong Dollar. However, in the past year the Canadian Dollar rose 2.0% against the Hong Kong Dollar.

LastCountry1-day %1-week %1-Year %3-Yrs %
CAD1=6.116HKDHong Kong0.81.12.0-2.0
CAD1=0.641EUREuropean Union0.40.6-6.9-3.1
CAD1=6.451SEKSweden-0.8-11.1-0.7
CAD1=0.693CHFSwitzerland0.50.4-7.3-11.2
CAD1=1.087NZDNew Zealand-0.4-0.3-6.0-2.7
CAD1=0.579GBPUnited Kingdom0.3--1.2-1.9
CAD1=857.308KRWSouth Korea0.90.6-4.80.8
CAD1=1.016AUDAustralia-0.5-0.9-8.6-
CAD1=6.686NOKNorway-0.2-0.6-1.43.7
CAD1=80.974JPYJapan0.30.2-3.2-10.1
CAD1=5.093CNYChina0.8-0.1-5.3-2.0
CAD1=15.725MXNMexico1.30.98.22.3
CAD1=0.789USDUnited States Of America0.81.12.3-1.2
CAD1=1.039SGDSingapore0.60.3-0.1-2.0

SECTION 10 Historical Perspective

Year-on-Year Comparison USD/CAD (Trailing year - ended 05 Jan)

In the past 5 years, the CAD has appreciated against the USD at an average compound annual growth rate of 1.9%.

202120202019201820172016
Close1.271.31.341.241.321.4
% Change-2.4-2.87.7-6.2-5.428
Range1.25 - 1.461.35 - 1.4

USD1 buys CAD 1.27 today: Appreciation of USD from 1.15 v/s CAD fifteen years ago

Last5 Yrs ago10 Yrs ago15 Yrs ago
USD/CAD1.271.391.031.15

Present Value of CAD1000 Invested in USD 10 years ago is CAD1,230

PVCAD1,0005 yrs ago10 yrs ago
USD/CADCAD910CAD1,230

SECTION 11 Macroeconomic Indicators

INDICATORUNITED STATES[USD]CANADA[CAD]
GDP (Billion USD)21,4281,736
GDP growth yoy (%)-2.8-5.2
Interest rate (%)0.250.25
Inflation rate (%)1.21.0
Unemployment rate (%)6.78.5
Budget / (Deficit) to GDP ratio (%)(4.6)(1.5)
Current account / (Deficit) to GDP ratio (%)(2.3)(2.1)
Debt to GDP ratio (%)106.988.6

SECTION 12 Credit Rating Summary

Canada:

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAaa
S&PAAAExtremely strong capacity to meet financial commitments. Highest Rating.
FITCHAAAHighest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGAA+"AA" ratings denote expectations of very low default risk. It indicates that the issuer has a very strong capacity for payment of financial commitments. Although due to its relatively higher long-term risk, this capacity is not significantly vulnerable to any foreseeable event. The plus (+) sign shows relative standing within the major rating category.

Glossary

ADVT: Average Daily Volume of shares Traded

Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods

PV1000: Present value of 1000 invested 1 year/'n' years ago

Price Close/Moving Avg Price: Latest Price/Moving Average Price

Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index

Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.

TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend

TTM: Trailing 12 Months

Turnover Rate: value of annual trading volume as a percentage of market capitalisation

Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period

Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.

Created by www.buysellsignals.com