DIVERSIFIED ROYALTY CORP chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.34
Dividend & Yield0.23C$ (7.83%)
Beta 1.6
Market capitalization 372.96M
Operating cash flow 27.91M
ESG Scores unknown

Company description

Diversified Royalty Corp., a multi-royalty corporation, engages in the acquisition of royalties from multi-location businesses and franchisors in North America. The company owns the Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres trademarks. The company was formerly known as BENEV Capital Inc. and changed its name to Diversified Royalty Corp. in September 2014. Diversified Royalty Corp. was incorporated in 1992 and is headquartered in Vancouver, Canada.

Sector: Industrials - Industry: Conglomerates

Financial Ratios
Quick Ratio0.23
Working Capital-0.5
Return On Equity0.12
Debt To Equity0.59
Fixed Asset Ratio1
Fixed Interest Cover3.59

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -257k 169k -1.12M -632k
Total Cashflows From Investing Activities -10.2M -92.25M -44.32M -16.96M
Net Borrowings 7M 17.8M 16M 11.44M
Total Cash From Financing Activities -13.99M -6.08M 28.47M -11.14M
Change To Operating Activities 4k 70k 62k -81k
Issuance Of Stock 232k 34.59M 34.59M
Net Income 10.12M 14.04M -8.88M 23.52M
Change In Cash -7.47M -75.37M 6.25M -279k
Effect Of Exchange Rate
Total Cash From Operating Activities 16.72M 22.96M 22.1M 27.82M
Depreciation 90k 90k 90k 90k
Change To Account Receivables 43k -427k 99k -618k
Other Cashflows From Financing Activities -29k -4.47M 1.53M -466k
Change To Netincome 6.25M 8.49M 31.13M 4.71M
Capital Expenditures -244k -244k -244k -244k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 14.39M 19.74M -11.73M 32.68M
Net Income 10.12M 14.04M -8.88M 23.52M
Selling General Administrative 774k 849k 1.1M 1.18M
Gross Profit 25.08M 28.67M 29M 35.31M
Ebit 22.9M 26.35M 26.58M 33.11M
Operating Income 22.9M 26.35M 26.58M 33.11M
Interest Expense -6.68M -7.6M -8.79M -9.22M
Income Tax Expense 4.28M 5.7M -2.85M 9.17M
Total Revenue 26.71M 30.46M 30.5M 37.28M
Cost Of Revenue 1.63M 1.79M 1.49M 1.97M
Total Other Income ExpenseNet -8.51M -6.61M -38.31M -422k
Net Income From Continuing Ops 10.12M 14.04M -8.88M 23.52M
Net Income Applicable To Common Shares 10.12M 14.04M -8.88M 23.52M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 125.5M 156.57M 168.72M 189.24M
Total Stockholder Equity 192.72M 188.69M 189.67M 191.53M
Other Current Liabilities 1.22M 755k 3.72M
Total Assets 318.22M 345.27M 358.4M 380.76M
Common Stock 184.53M 163.17M 198.57M 201.97M
Other Current Assets
Retained Earnings -20.72M -17.71M -51.26M -52.84M
Treasury Stock 2.94M 2.94M 2.94M 2.94M
Cash 78.34M 2.97M 9.22M 8.94M
Total Current Liabilities 832k 2.36M 3.68M 61.62M
Other Stockholder Equity 2.94M 2.94M 2.94M 2.94M
Property, Plant, and Equipment 897k
Total Current Assets 82.55M 11.67M 13.87M 14.16M
Net Tangible Assets -42.95M -93.09M -111.23M -129.07M
Net Receivables 4.12M 8.18M 4.31M 4.92M
Accounts Payable 832k 1.14M 1.71M 944k


Insider Transactions

Here are the insider transactions of stock shares related to DIVERSIFIED ROYALTY CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Tracey (Lance)Acquisition or disposition in the public market at price 2.15 per share.D2022-08-19Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)40k
Tracey (Lance)Acquisition or disposition in the public market at price 2.24 per share.D2022-08-18Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)27k
Tracey (Lance)Acquisition or disposition in the public market at price 2.25 per share.D2022-08-17Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)73k
Ciampi (Johnny)Exercise of rights at price 2.22 per share.D2022-06-01Director of Issuer8.46k
Herdler (Garry P)Exercise of rights at price 2.22 per share.D2022-06-01Director of Issuer11.66k
Rogers (Paula)Exercise of rights at price 2.22 per share.D2022-05-31Director of Issuer8.06k
Morrison (Sean)Exercise of rights at price 2.63 per share.I2022-04-01Senior Officer of Issuer9.95k
Morrison (Sean)Exercise of rights at price 2.63 per share.D2022-04-01Senior Officer of Issuer19.96k
Ciampi (Johnny)Exercise of rights at price 2.41 per share.D2022-03-14Director of Issuer9.39k
Herdler (Garry P)Exercise of rights at price 2.41 per share.D2022-03-14Director of Issuer14.1k
Morrison (Sean)I2022-01-20Senior Officer of Issuer26.67k
Gutmanis (Greg)Change in nature of ownership at price 2.23 per share.D2022-01-04Senior Officer of Issuer2.65k
Gutmanis (Greg)Change in nature of ownership at price 2.23 per share.I2022-01-04Senior Officer of Issuer2.65k
Gutmanis (Greg)I2021-12-31Senior Officer of Issuer1.28k
Gutmanis (Greg)I2021-12-31Senior Officer of Issuer1.59k
Rogers (Paula)D2021-12-31Director of Issuer9.91k
Gutmanis (Greg)D2021-12-31Senior Officer of Issuer295
Herdler (Garry P)D2021-12-14Director of Issuer13.61k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to DIVERSIFIED ROYALTY CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on DIVERSIFIED ROYALTY CORP

Here is the result of two systematic investment strategies applied to DIVERSIFIED ROYALTY CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on DIVERSIFIED ROYALTY CORP

The following chart shows the equity curve of the two systematic investment strategies applied to DIVERSIFIED ROYALTY CORP:

DIVERSIFIED ROYALTY CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 10.01% on the backtest period.

Performance at glance

Performance

10.01 %

Latent gain

150.12 C$

Invested capital

1499.88 C$

Annualized return

2.42 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on DIVERSIFIED ROYALTY CORP

This is the result of two momentum investment strategies applied to DIVERSIFIED ROYALTY CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on DIVERSIFIED ROYALTY CORP

The following chart shows all the entries opened by the momentum investment system on DIVERSIFIED ROYALTY CORP:

DIVERSIFIED ROYALTY CORP momentum entries
  • The first momentum investment strategy would give 15.18% of return on DIVERSIFIED ROYALTY CORP. That represents 834.11C$ of latent gain with 5496.39C$ of employed capital.
  • The second momentum investment strategy would give 11.07% of return on DIVERSIFIED ROYALTY CORP. That represents 304.18C$ of latent gain with 2748.32C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

15.18 %

Latent gain

834.11 C$

Invested capital

5496.39 C$

Annualized return

-0.57 %
Performance at glance (2Q Momentum)

Performance

11.07 %

Latent gain

304.18 C$

Invested capital

2748.32 C$

Annualized return

3.02 %

Momentum equity curve on DIVERSIFIED ROYALTY CORP

The following chart shows the equity curve of the two momentum strategies applied to DIVERSIFIED ROYALTY CORP:

DIVERSIFIED ROYALTY CORP momentum equity

Note: the dividends potentially given by DIVERSIFIED ROYALTY CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DIVERSIFIED ROYALTY CORP

The following chart shows the employed capital evolution of the two momentum strategies on DIVERSIFIED ROYALTY CORP since the beginning:

DIVERSIFIED ROYALTY CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on DIVERSIFIED ROYALTY CORP

Buy the dip entry openings on DIVERSIFIED ROYALTY CORP

DIVERSIFIED ROYALTY CORP

The performance achieved by the robo-advisor on DIVERSIFIED ROYALTY CORP is -1.22%. That represents -15.26$ of latent gain with 1252.76C$ of employed capital. The following chart shows DIVERSIFIED ROYALTY CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of DIVERSIFIED ROYALTY CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-1.22 %

Latent gain

-15.26 C$

Invested capital

1252.76 C$

Annualized return

-0.57 %

Equity curve of the strategy applied to DIVERSIFIED ROYALTY CORP

The following chart shows the result of the investment strategy applied to DIVERSIFIED ROYALTY CORP:

DIVERSIFIED ROYALTY CORP

Note: the dividends potentially given by DIVERSIFIED ROYALTY CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on DIVERSIFIED ROYALTY CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on DIVERSIFIED ROYALTY CORP:

DIVERSIFIED ROYALTY CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on DIVERSIFIED ROYALTY CORP

In this section, I will compare the three previous investment strategies applied to DIVERSIFIED ROYALTY CORP.

Equity curve comparison on DIVERSIFIED ROYALTY CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

DIVERSIFIED ROYALTY CORP investment strategy comparison

Employed capital comparison on DIVERSIFIED ROYALTY CORP

DIVERSIFIED ROYALTY CORP investment comparison

Performance comparison on DIVERSIFIED ROYALTY CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 10.01% 150.12C$ 1499.88C$ 2.42%
Momentum 1 quarter 15.18% 834.11C$ 5496.39C$ 3.89%
Momentum 2 quarters 11.07% 304.18C$ 2748.32C$ 3.02%
Non-directional -1.22% -15.26C$ 1252.76C$ -0.57%
Annualized return comparison

Automatic investment

2.42 %

Momentum 1Q

3.02 %

Momentum 2Q

3.02 %

Non-directional

-0.57 %

Correlated stocks

Here are the most positively and negatively correlated stocks with DIVERSIFIED ROYALTY CORP:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between DIVERSIFIED ROYALTY CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of DIVERSIFIED ROYALTY CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name DIVERSIFIED ROYALTY CORP
Country Canada
City Vancouver
Address 609 Granville Street
Phone 604-235-3146
Website www.diversifiedroyaltycorp.com
FullTime employees 38
Industry Conglomerates
Sector Industrials
Exchange XTSE
Ticker DIV.XTSE
Market

DIVERSIFIED ROYALTY CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown