Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.76
AMEX:VII's Cash-to-Debt is ranked higher than
52% of the 273 Companies
in the Global Security & Protection Services industry.

( Industry Median: 0.69 vs. AMEX:VII: 0.76 )
Ranked among companies with meaningful Cash-to-Debt only.
AMEX:VII' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01  Med: 3.24 Max: No Debt
Current: 0.76
Equity-to-Asset 0.34
AMEX:VII's Equity-to-Asset is ranked lower than
69% of the 272 Companies
in the Global Security & Protection Services industry.

( Industry Median: 0.50 vs. AMEX:VII: 0.34 )
Ranked among companies with meaningful Equity-to-Asset only.
AMEX:VII' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31  Med: 0.68 Max: 0.79
Current: 0.34
0.31
0.79
Piotroski F-Score: 1
Altman Z-Score: -1.42
Beneish M-Score: -4.25
WACC vs ROIC
10.68%
-81.84%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 1/10

vs
industry
vs
history
Operating Margin % -24.29
AMEX:VII's Operating Margin % is ranked lower than
86% of the 275 Companies
in the Global Security & Protection Services industry.

( Industry Median: 6.30 vs. AMEX:VII: -24.29 )
Ranked among companies with meaningful Operating Margin % only.
AMEX:VII' s Operating Margin % Range Over the Past 10 Years
Min: -37.72  Med: -7.09 Max: 6.78
Current: -24.29
-37.72
6.78
Net Margin % -24.90
AMEX:VII's Net Margin % is ranked lower than
87% of the 276 Companies
in the Global Security & Protection Services industry.

( Industry Median: 3.55 vs. AMEX:VII: -24.90 )
Ranked among companies with meaningful Net Margin % only.
AMEX:VII' s Net Margin % Range Over the Past 10 Years
Min: -35.72  Med: -2.68 Max: 11.42
Current: -24.9
-35.72
11.42
ROE % -78.49
AMEX:VII's ROE % is ranked lower than
94% of the 271 Companies
in the Global Security & Protection Services industry.

( Industry Median: 7.06 vs. AMEX:VII: -78.49 )
Ranked among companies with meaningful ROE % only.
AMEX:VII' s ROE % Range Over the Past 10 Years
Min: -85.19  Med: -4.98 Max: 27.64
Current: -78.49
-85.19
27.64
ROA % -37.30
AMEX:VII's ROA % is ranked lower than
95% of the 279 Companies
in the Global Security & Protection Services industry.

( Industry Median: 2.59 vs. AMEX:VII: -37.30 )
Ranked among companies with meaningful ROA % only.
AMEX:VII' s ROA % Range Over the Past 10 Years
Min: -48.9  Med: -3.51 Max: 19.47
Current: -37.3
-48.9
19.47
ROC (Joel Greenblatt) % -93.42
AMEX:VII's ROC (Joel Greenblatt) % is ranked lower than
92% of the 275 Companies
in the Global Security & Protection Services industry.

( Industry Median: 10.35 vs. AMEX:VII: -93.42 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
AMEX:VII' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -138.27  Med: -18.57 Max: 22.26
Current: -93.42
-138.27
22.26
3-Year Revenue Growth Rate -24.40
AMEX:VII's 3-Year Revenue Growth Rate is ranked lower than
91% of the 219 Companies
in the Global Security & Protection Services industry.

( Industry Median: 4.30 vs. AMEX:VII: -24.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
AMEX:VII' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -24.4  Med: -1.3 Max: 7.6
Current: -24.4
-24.4
7.6
3-Year EBITDA Growth Rate 16.80
AMEX:VII's 3-Year EBITDA Growth Rate is ranked higher than
77% of the 189 Companies
in the Global Security & Protection Services industry.

( Industry Median: 4.90 vs. AMEX:VII: 16.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
AMEX:VII' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -24  Med: 20.1 Max: 201.1
Current: 16.8
-24
201.1
GuruFocus has detected 3 Warning Signs with Vicon Industries Inc $AMEX:VII.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» AMEX:VII's 30-Y Financials

Financials (Next Earnings Date: 2017-08-19 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Consulting & Outsourcing » Security & Protection Services    NAICS: 561621    SIC: 7382
Compare:OTCPK:BFDI, AMEX:UUU, OTCPK:BLPG, OTCPK:GKPRF, OTCPK:VRME, OTCPK:FPVD, NAS:NXTD, OTCPK:SMME, OTCPK:BKYI, NAS:DGLY, OTCPK:WSMTF, OTCPK:ALXXF, OTCPK:MACE, OTCPK:INDVF, NAS:APDN, AMEX:MOC, OTCPK:RSKIA, NAS:SPCB, OTCPK:NTSFF, OTCPK:DRNG » details
Traded in other countries:VCI.Germany,
Headquarter Location:USA
Vicon Industries Inc develops video management software. It designs, assembles & markets video systems, comprised of cameras, network video servers/recorders, encoders & mass storage units, used in security, surveillance, safety & control applications.

Vicon Industries Inc was incorporated in 1967. The Company develops video management software and also designs, assembles and markets a wide range of video system components, comprised principally of cameras, network video servers/recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a broad group of end users. The Company's business focus is the design of network video systems that it produces and sells worldwide to authorized dealers, system integrators, government entities and security products distributors. The Company operates within the electronic protection segment of the security industry. The Company's product line consists of various elements of a video system, including cameras for image capture, stand-alone network video management system (VMS) software and various video recording, storage, management and output devices and peripherals. The Company's ViconNet branded VMS software is sold either separately or configured in a Network Video Recording ("NVR") or Digital Video Recording ("DVR") device. Video capture offerings include a range of analog, digital and high definition (HD) megapixel cameras for both fixed and robotic positioning applications, along with associated housing options to perform in a broad range of climatic and operating environments. The Company also sells and/or produces other video system components such as video encoders decoders and monitors, camera lenses, housings and mounts, matrix video switchers and controls and various video transmission devices. The Company's marketing emphasizes video system solution capability which includes system and network design, pre-ship configuration, project management, technical training and pre and post-sales support. The Company sells its products in Europe, the Middle East and Africa (EMEA) through its European based subsidiary and elsewhere outside the U.S. principally by direct export from its U.S. headquarters. The Company uses a wide range of installation companies and security product distributors in international markets. Its competitors include security divisions of the Bosch Group, Honeywell International, Schneider Electric, Tyco International, Samsung Group and United Technologies, Avigilon Corporation, Exacq Technologies, Genetec Inc. and Milestone Systems and for cameras with companies such as Axis Communications, Hikvision Digital Technology, Panasonic Corporation and Samsung Electronics.

Top Ranked Articles about Vicon Industries Inc

Seven Generations to Significantly Expand High-Growth Kakwa River Project With Agreement to Acquire Neighbouring Montney Assets for About $1.9 Billion

CALGARY, ALBERTA--(Marketwired - Jul 6, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

7G launches concurrent $650 million bought deal common share offering of subscription receipts to partially fund acquisition
Bolt-on acquisition to expand 7G's prolific Nest lands and proved reserves by 47 percent
Transaction adds 155 net sections of Montney land, about 30,000 boe/d of production
7G's second quarter 2016 production estimated at more than 115,000 boe/d
Nest consolidation to boost 2016 production guidance to 120,000 - 125,000 boe/d

Seven Generations Energy Ltd. (TSX:VII) has reached an agreement that will significantly expand its ownership in the prolific and low-supply-cost Montney Nest liquids-rich natural gas play with the acquisition of about 30,000 barrels of oil equivalent (boe) of daily production, 155 net sections of Montney land and 199 million boe in proved reserves from Paramount Resources Ltd. (Paramount) for approximately $1.9 billion in total consideration consisting of cash, 7G shares and the assumption of a portion of Paramount's debt. "This asset merger of neighbouring and early-life development lands will open the door to new operational and investment synergies in our Kakwa River Project. Our drilling, completions and production innovations are delivering liquids-rich natural gas that ranks among the lowest supply cost in North America. When we assemble these lands, we will be in an even better position to anchor market expansion initiatives," said Pat Carlson, 7G's Chief Executive Officer. "This counter-cyclical acquisition is a natural consolidation of our high-growth Nest resource play, where our highest value Nest 2 acreage will increase by more than 40 percent, from 101 to 144 sections. Upon deal completion, we will have assembled more than half a million net acres of concentrated Montney lands - one of North America's most prolific resource plays," said Marty Proctor, 7G's President & Chief Operating Officer. "This transaction merges the two industry leading positions in the world-class Kakwa Montney play. We believe this transaction provides a compelling opportunity to realize premium value on our Musreau/Kakwa acreage for Paramount shareholders while retaining ongoing upside exposure to the play through our significant shareholding in Seven Generations. We have worked with, and invested in, members of Seven Generations management in the past and we believe this team will continue to bring the operational and innovative expertise that the Paramount team has brought to bear in the past to ensure the asset competes at the leading edge of North America's natural gas industry," said Jim Riddell, President and Chief Executive Officer of Paramount. Optimized development across the entire Montney Nest "This Montney Nest consolidation will enable greater optimized development of a substantially expanded Kakwa River Project. With seamless continuity of the offsetting and overlapping mineral rights across current borders, we now plan to drill longer wells in the Upper and Middle Montney Formation. In addition, we expect to add significant potential resource in shallower and deeper formations across our expanded lands," Proctor said. 7G's second quarter 2016 production is estimated at more than 115,000 boe/d, which puts 7G on track to surpass its original 2016 production guidance of 100,000 to 110,000 boe/d. Subject to the closing of the transaction, Seven Generations is revising 2016 production guidance to between 120,000 and 125,000 boe/d, and 2016 capital investment is planned at $1.05 billion to $1.1 billion, up from the original range of $900 million to $950 million. "With our continuously advancing well designs and operating practices, including many new techniques now under testing and development, we expect to further improve recoveries and capital efficiencies in this larger resource base. By employing our Super Pad development methods, we'll look to drill more and longer wells from fewer surface locations, recover more resource at a lower per-unit cost, and more efficiently unlock the tremendous potential of this Montney Nest resource," said Glen Nevokshonoff, 7G's Vice President, Development. Maintaining financial strength and flexibility "We have entered into this transaction with a commitment to maintaining our financial strength while adding complementary reserves and resources that we believe will add substantial value and full-cycle returns for shareholders. We expect it to be accretive within the first year of ownership on a cash flow, production and reserves per share basis. We expect the net debt to cash flow ratio to be approximately neutral at the end of 2016 and we expect to have sufficient cash and funds from operations to finance anticipated 2017 capital investments. Financial strength and prudent use of debt and equity continue to be at the core of 7G's financial strategy," said Chris Law, 7G's Chief Financial Officer. Seven Generations will fund the approximately $1.9 billion acquisition with a combination of $475 million of cash, 33.5 million 7G common shares issued from treasury to Paramount and the assumption of Paramount's US$450 million (approximately C$584 million) 6.875% notes maturing in 2023. The transaction has an effective date of June 1, 2016 and is subject to Paramount shareholder approval, approval under the Competition Act and other normal closing conditions. It is expected to close in August 2016. Concurrent with the transaction, 7G has entered into a $650 million bought deal financing whereby a syndicate of underwriters have agreed to purchase up to 26.7 million subscription receipts at a price of $24.35 per share. Proceeds from the financing will be used to fund the cash portion of the acquisition as well as provide funding for the company's ongoing capital investment program. The Board of Directors of Paramount has unanimously approved the transaction and has also resolved to recommend that Paramount shareholders vote their common shares in favour of the transaction. Clayton Riddell, Executive Chairman of Paramount, has entered into a support agreement pursuant to which he has agreed to vote his Paramount common shares, representing 37 percent of the issued and outstanding shares of Paramount, in favour of the transaction. Paramount has agreed not to solicit or initiate any discussion regarding any other transaction or business combination. Paramount has also granted 7G a right to match any acquisition proposal and has agreed to pay a termination fee of $80 million to 7G in certain events, including if Paramount recommends, approves or enters into an agreement with respect to an acquisition proposal.


Kakwa River Project Expansion




Production, Reserves, Processing, Transportation in 2016




7G

Acquisition

Pro forma

% change


Production - Q2 (boe/d)(Second quarter preliminary field estimates)

115,000

30,000

145,000

26


Gross Proved Reserves (MMboe as of Dec. 31, 2015)(1)

424

199

623

47


Gross Proved Probable Reserves (MMboe as of Dec. 31, 2015) (1)

859

293

1,152

34


Proved undeveloped drilling locations (1)

305

205

510

67


Land (net Montney acres)

418,100

99,200

517,300

24


Land (net Montney sections)

653

155

808

24


Current natural gas processing capacity (MMcf/d)

510

245

755

48


Long-term natural gas marketing and takeaway capacity (MMcf/d)

607

240

847

40




Transaction Financial Consideration


Cash ($MM)

475


33.5 million shares (based on price of $25 per share and subject to four month statutory hold period) ($MM)

838


Assumption of Paramount US$450 MM 6.875% Notes due 2023 (2) ($MM)

584


Total ($MM)

1,897




Seven Generations Financial Strength




7G(3)

Pro forma


Debt outstanding ($MM) (2)

1,461

2,045


Net debt ($MM) (2) (4)

1,013

1,442


Available funding (5) ($MM)

1,260

1,416


Outstanding shares as of March 31, 2016 (MM) (6)

278

338






(1) McDaniel & Associates Consultants Limited independent reserves evaluation effective December 31, 2015,


(2) Assumes a $US/$C 0.77


(3) As at March 31, 2016


(4) Debt outstanding minus $448 MM of adjusted net working capital as of March 31, 2016, plus $475 MM cash payment to Paramount, minus net equity proceeds of $630 MM


(5) Adjusted net working capital of $448 MM as of March 31, 2016, plus $813 of available credit facility minus $475 MM cash payment to Paramount, plus net equity proceeds of $630 MM


(6) Assumes 33.5 MM shares issued to Paramount plus 26 MM shares issued in equity financing






Map of Expanded Kakwa River Project To view the map, please visit the following link: http://www.marketwire.com/library/20160706-7gen8001.jpg. Expanded processing opens new market infrastructure partnerships and growth Upon closing of the transaction, 7G will have access to newly constructed natural gas and liquids processing and pipeline capacity that provide for additional production growth. 7G will now have access to a combined 555 MMcf/d of sweet gas processing, 200 MMcf/d of sour gas processing at the Musreau Complex, owned by Pembina Pipeline Corporation. "This incremental capacity creates additional flexibility for product processing and further strengthens 7G's marketing portfolio," said Merle Spence, Senior Vice President, Marketing. "While our practice to date has been to own and operate our own processing capacity, we look forward to working with Pembina to expand 7G's market access and pursue a strategic partnership to develop some of the lowest supply cost production in North America," Carlson said. Expansive development efficiencies spring from consolidated Montney Nest The addition of undeveloped lands between 7G's Nest 2 and Deep South West areas provides contiguous lands to optimize future development as drilling steps out from Nest 2 and gathering systems form a continuous infrastructure network. A larger Kakwa River Project is expected to deliver improved capital efficiencies in managing and contracting services and employing common infrastructure such as larger well pads, roads, pipelines, natural gas processing and water sourcing and management. 7G expects to achieve additional optimization by capitalizing on the well-honed operating experience of its Kakwa team. Montney Nest consolidation builds capacity to anchor market integration initiatives "Our low-cost supply is highly competitive and we have the transportation in place to significantly increase our production over the next several years, however Western Canada needs to expand markets in the long term. This acquisition will substantially add to and fortify the capacity of our large and high-quality resource, which is sufficient to underpin new, integrated market access infrastructure. Our core business is relentless pursuit of technical innovation to stay at the toe of the supply cost boot of liquids-rich natural gas production. We are continually evaluating opportunities to optimize the value of our resource and are engaged in discussions with new customers and potential developers of natural gas-fired electricity plants, liquefied natural gas export facilities, gas-to-diesel refining and petrochemicals. This complementary Montney acquisition adds significant resource scale as we look for ways to anchor major infrastructure development and build our business for many years ahead," Carlson said. Bought Deal Financing Concurrent with the transaction, 7G has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets, Peters & Co. Limited, and Credit Suisse Securities (Canada), Inc. under which they have agreed to purchase from 7G and sell to the public 26.7 million subscription receipts at a price of $24.35 per subscription receipt for total gross proceeds of $650 million (the offering). 7G has also granted the underwriters an over-allotment option to purchase, on the same terms as the offering, up to an additional 4,005,000 subscription receipts. This option is exercisable by the underwriters, in whole or in part, at any time for a period of 30 days following closing. Each subscription receipt represents the right of the holder to receive, upon closing of the acquisition, without payment of additional consideration or further action, one common share of 7G. The gross proceeds from the offering will be held in escrow, pending closing of the acquisition. Assuming the acquisition closes on or before October 31, 2016, the escrowed proceeds from the offering of subscription receipts will be released to 7G and used by 7G to fund the cash portion of the acquisition as well as provide funding for the company's ongoing capital investment program. If the acquisition fails to close by October 31, 2016, or the acquisition is terminated at an earlier time, the gross proceeds and pro rata entitlement to interest earned on the escrowed proceeds thereon will be paid to holders of the subscription receipts. The subscription receipts will be offered to the public in Canada by way of short form prospectus filed with the securities regulatory authorities in each of the provinces of Canada. The offering is subject to the receipt of all necessary regulatory and stock exchange approvals. The closing date of the offering is expected to be in August 2016. None of the subscription receipts not the common shares have been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States absent registration in the United States or the availability of an exemption from such registration. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. Advisors Peters & Co. Limited and RBC Capital Markets are acting as financial advisors to Seven Generations in connection with the acquisition. Credit Suisse is acting as a strategic advisor. Seven Generations Energy Seven Generations is a low-supply-cost, high-growth Canadian natural gas developer generating long-life value from its liquids-rich Kakwa River Project, located about 100 kilometres south of its operations headquarters in Grande Prairie, Alberta. 7G's corporate headquarters are in Calgary and its shares trade on the TSX under the symbol VII. Further information about Seven Generations is available on the Company's website: www.7genergy.com. Reader Advisory This news release contains certain forward-looking information and statements that involves various risks, uncertainties and other factors. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "should", "believe", "plans", and similar expressions are intended to identify forward-looking information or statements. In particular, but without limiting the foregoing, this news release contains forward-looking information and statements pertaining to the following: the anticipated benefits of the acquisition and the impact of the acquisition on the Kakwa River Project; the Company's anticipated drilling plans and expectations for resource recoveries and capital efficiencies; completion of the acquisition and the bought deal financing, including satisfaction of conditions relating thereto and the timing thereof; the pro forma financial, operating and reserves information of the Company after completion of the acquisition; anticipated growth; expected incremental processing capacity; 2016 capital expenditure budget, debt to cash flow ratio and anticipated production growth; production estimates; revised production guidance; the expected size, pricing and use of proceeds of the bought deal financing; the issuance of the common shares of the Company underlying the subscription receipts; the ability to fund the Company's capital requirements from cash and funds from operations; the construction of additional Super Pads; and the ability to generate long-life value from the Kakwa River Project. In addition, references to reserves are deemed to be forward-looking information as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated. With respect to forward-looking information contained in this news release, assumptions have been made regarding, among other things: satisfaction of the conditions to closing of the acquisition and the financing; future oil, natural gas liquids and natural gas prices; the Company's ability to successfully integrate the acquired assets; the Company's ability to obtain qualified staff and equipment in a timely and cost efficient manner; the Company's ability to market production of oil, natural gas and natural gas liquids successfully to customers; the Company's future production levels; the applicability of technologies for the Company's reserves; future capital investments by the Company; future funds from operations from production; future sources of funding for the Company's capital program; the Company's future debt levels; geological and engineering estimates in respect of the Company's reserves and resources; the geography of the areas in which the Company is conducting exploration and development activities; the access, economic and physical limitations to which the Company may be subject from time to time; the impact of competition on the Company; and the Company's ability to obtain financing on acceptable terms. Actual results could differ materially from those anticipated in the forward-looking information as a result of the possible failure of the Company to realize the anticipated benefits of the acquisition; the inability of the Company to complete the acquisition and the risks and risk factors that are set forth in the Company's Annual Information Form dated March 8, 2016 (AIF), which is available on SEDAR at www.sedar.com, including, but not limited to:

volatility in market prices and demand for oil, natural gas liquids and natural gas and hedging activities related thereto; general economic, business and industry conditions; variance of the Company's actual capital costs, operating costs and economic returns from those anticipated; risks related to the exploration, development and production of oil and natural gas reserves and resources; negative public perception of oil sands development, oil and natural gas development and transportation, hydraulic fracturing and fossil fuels; actions by governmental authorities, including changes in government regulation, royalties and taxation; the management of the Company's growth; the availability, cost or shortage of rigs, equipment, raw materials, supplies or qualified personnel; the absence or loss of key employees; uncertainty associated with estimates of oil, natural gas liquids and natural gas reserves and resources and the variance of such estimates from actual future production; dependence upon compressors, gathering lines, pipelines and other facilities, certain of which the Company does not control; the ability to satisfy obligations under the Company's firm commitment transportation arrangements; uncertainties related to the Company's identified drilling locations; the concentration of the Company's assets in the Kakwa area; unforeseen title defects; Aboriginal claims; failure to accurately estimate abandonment and reclamation costs; changes in the interpretation and enforcement of applicable laws and regulations; terrorist attacks or armed conflicts; natural disasters; reassessment by taxing authorities of the Company's prior transactions and filings; variations in foreign exchange rates and interest rates; third-party credit risk including risk associated with counterparties in risk management activities related to commodity prices and foreign exchange rates; sufficiency of insurance policies; potential for litigation; variation in future calculations of certain financial measures; sufficiency of internal controls; impact of expansion into new activities on risk exposure; risks related to the senior unsecured notes and other indebtedness, including: potential inability to comply with the covenants in the credit agreement related to the Company's credit facilities and/or the covenants in the indentures in respect of the Company's senior secured notes; seasonality of the Company's activities and the Canadian oil and gas industry; weather related risks, fires and natural disasters, and extensive competition in the Company's industry. This news release also contains future-oriented financial information and financial outlook information (collectively, FOFI) about the Company's prospective results of operations, debt and available funding, all of which are subject to the same assumptions, risk factors, limitations and qualifications as set forth in the above paragraphs. FOFI contained in this news release provided for the purpose of describing the anticipated effect of the acquisition on the Company's business operations and should not be used for purposes other than for which it is disclosed herein. The forward-looking information and statements and FOFI contained in this news release speak only as of the date hereof, and the Company does not assume any obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable laws. This news release includes certain terms or performance measures commonly used in the oil and natural gas industry that are not defined under IFRS, including "available funding" and "net debt". The data presented are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. These non-IFRS measures should be read in conjunction with the Company's financial statements and accompanying notes. For more information regarding "available funding" and "net debt", see "Non-IFRS Financial Measures" in the Company's Management's Discussion and Analysis for the three months ended March 31, 2016. Independent Reserves Evaluation Estimates of the Company's reserves as at December 31, 2015 are based upon the report that was prepared by McDaniel & Associates Consultants Limited (McDaniel) evaluating the Company's oil, natural gas and NGL reserves, dated March 7, 2016. Estimates of the reserves attributable to the assets being acquired from Paramount (the Assets) are based upon the report date June 5, 2016 that was prepared by McDaniel evaluating the oil, natural gas and NGL reserves of the Assets effective December 31, 2016. The estimates of reserves provided in this news report are estimates only and there is no guarantee that the estimated reserves will be recovered. Both evaluations were prepared in compliance with the standards set out in the National Instrument 51-101 of the Canadian Securities Administrators and the Canadian Oil and Gas Evaluation Handbook. Actual reserves may be greater than or less than the estimates provided in this news release, and the difference may be material. There is no assurance that the forecast price and cost assumptions made by McDaniel in evaluating the reserves of the Company and the Assets will be attained and variances could be material. For important additional information regarding the independent reserves evaluation that was conducted by McDaniel, please refer to the Company's AIF, which is available on the SEDAR website at www.sedar.com. Oil and Gas Definitions Terms that are used in this news release that are not otherwise defined herein are provided below: gross means in relation to the Company's interest in reserves, its "company gross reserves", which are the Company's working interest (operating or non-operating) share before deduction of royalties and without including any royalty interests of the Company. net means, in relation to the Company's interest in a property, the total area in which the Company has an interest multiplied by the working interest owned by the Company. Probable Reserves are those additional reserves that are less certain to be recovered than proved reserves. It is equally likely that the actual remaining quantities recovered will be greater or less than the sum of the estimated proved plus probable reserves. Proved Reserves are those reserves that can be estimated with a high degree of certainty to be recoverable. It is likely that the actual remaining quantities recovered will exceed the estimated proved reserves. Reserves are estimated remaining quantities of oil and natural gas and related substances anticipated to be recoverable from known accumulations, as of a given date, based on: (i) analysis of drilling, geological, geophysical and engineering data; (ii) the use of established technology; and (iii) specified economic conditions, which are generally accepted as being reasonable. Reserves are classified according to the degree of certainty associated with the estimates. Abbreviations bbl barrel boe(1) barrels of oil equivalent C$ or $ Canadian dollars d day IFRS international financial reporting standards kpa kilopascals Mcf thousand cubic feet MMboe million barrels of oil equivalent MMcf million cubic feet Nest the primary development block of the Kakwa River Project Nest 2 the higher return prospects that are contained within the Nest, in the areas shown on the map contained herein NGLs natural gas liquids US$ United States dollars $MM millions of dollars (1) Seven Generations has adopted the standard of 6 Mcf:1 bbl when converting natural gas to boes. Condensate and other natural gas liquids are converted to boes at a ratio of 1 bbl:1 bbl. Boes may be misleading, particularly if used in isolation. A boe conversion ratio of 6 Mcf:1 bbl is based roughly on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the Company's sales point. Given the value ratio based on the current price of oil as compared to natural gas is significantly different from the energy equivalency of 6 Mcf: 1 bbl, utilizing a conversion ratio at 6 Mcf: 1 bbl may be misleading as an indication of value. Seven Generations Energy Ltd. is referred to herein as Seven Generations, Seven Generations Energy, 7G and the Company.





Investor Relations
Chris Law, Chief Financial Officer
Brian Newmarch, Director, Capital Markets
Phone: 403-767-0752
Email: [email protected]
Media Relations
Alan Boras
Director, Communications and Stakeholder Relations
Phone: 403-767-0772
Email: [email protected]
Seven Generations Energy Ltd.
Suite 300, 140 - 8th Avenue SW
Calgary, AB T2P 1B3




Read more...

Ratios

vs
industry
vs
history
PB Ratio 1.02
VII's PB Ratio is ranked higher than
79% of the 264 Companies
in the Global Security & Protection Services industry.

( Industry Median: 1.81 vs. VII: 1.02 )
Ranked among companies with meaningful PB Ratio only.
VII' s PB Ratio Range Over the Past 10 Years
Min: 0.38  Med: 0.67 Max: 2.44
Current: 1.02
0.38
2.44
PS Ratio 0.19
VII's PS Ratio is ranked higher than
97% of the 268 Companies
in the Global Security & Protection Services industry.

( Industry Median: 1.34 vs. VII: 0.19 )
Ranked among companies with meaningful PS Ratio only.
VII' s PS Ratio Range Over the Past 10 Years
Min: 0.11  Med: 0.33 Max: 1.03
Current: 0.19
0.11
1.03
Current Ratio 2.17
VII's Current Ratio is ranked higher than
61% of the 274 Companies
in the Global Security & Protection Services industry.

( Industry Median: 1.78 vs. VII: 2.17 )
Ranked among companies with meaningful Current Ratio only.
VII' s Current Ratio Range Over the Past 10 Years
Min: 1.53  Med: 3.71 Max: 5.56
Current: 2.17
1.53
5.56
Quick Ratio 1.07
VII's Quick Ratio is ranked lower than
65% of the 274 Companies
in the Global Security & Protection Services industry.

( Industry Median: 1.42 vs. VII: 1.07 )
Ranked among companies with meaningful Quick Ratio only.
VII' s Quick Ratio Range Over the Past 10 Years
Min: 0.67  Med: 2 Max: 3.67
Current: 1.07
0.67
3.67
Days Inventory 156.14
VII's Days Inventory is ranked lower than
87% of the 228 Companies
in the Global Security & Protection Services industry.

( Industry Median: 64.16 vs. VII: 156.14 )
Ranked among companies with meaningful Days Inventory only.
VII' s Days Inventory Range Over the Past 10 Years
Min: 114.8  Med: 128.7 Max: 156.14
Current: 156.14
114.8
156.14
Days Sales Outstanding 55.54
VII's Days Sales Outstanding is ranked higher than
57% of the 216 Companies
in the Global Security & Protection Services industry.

( Industry Median: 64.40 vs. VII: 55.54 )
Ranked among companies with meaningful Days Sales Outstanding only.
VII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.54  Med: 69.45 Max: 90.33
Current: 55.54
55.54
90.33
Days Payable 64.89
VII's Days Payable is ranked higher than
62% of the 183 Companies
in the Global Security & Protection Services industry.

( Industry Median: 49.57 vs. VII: 64.89 )
Ranked among companies with meaningful Days Payable only.
VII' s Days Payable Range Over the Past 10 Years
Min: 31.25  Med: 43.4 Max: 87.41
Current: 64.89
31.25
87.41

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -27.60
VII's 3-Year Average Share Buyback Ratio is ranked lower than
90% of the 167 Companies
in the Global Security & Protection Services industry.

( Industry Median: -1.70 vs. VII: -27.60 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
VII' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -27.6  Med: -0.4 Max: 2.1
Current: -27.6
-27.6
2.1

Valuation & Return

vs
industry
vs
history
Price-to-Net-Current-Asset-Value 1.69
VII's Price-to-Net-Current-Asset-Value is ranked higher than
86% of the 130 Companies
in the Global Security & Protection Services industry.

( Industry Median: 4.42 vs. VII: 1.69 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
VII' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.33  Med: 0.94 Max: 6.84
Current: 1.69
0.33
6.84
Price-to-Tangible-Book 1.22
VII's Price-to-Tangible-Book is ranked higher than
75% of the 240 Companies
in the Global Security & Protection Services industry.

( Industry Median: 2.06 vs. VII: 1.22 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
VII' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23  Med: 0.67 Max: 2.7
Current: 1.22
0.23
2.7
Price-to-Median-PS-Value 0.59
VII's Price-to-Median-PS-Value is ranked higher than
89% of the 245 Companies
in the Global Security & Protection Services industry.

( Industry Median: 1.10 vs. VII: 0.59 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
VII' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.24  Med: 0.86 Max: 2.54
Current: 0.59
0.24
2.54
Earnings Yield (Greenblatt) % -112.39
VII's Earnings Yield (Greenblatt) % is ranked lower than
100% of the 279 Companies
in the Global Security & Protection Services industry.

( Industry Median: 3.98 vs. VII: -112.39 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
VII' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -513.9  Med: -33.1 Max: 46.1
Current: -112.39
-513.9
46.1
Forward Rate of Return (Yacktman) % -13.58
VII's Forward Rate of Return (Yacktman) % is ranked lower than
84% of the 147 Companies
in the Global Security & Protection Services industry.

( Industry Median: 4.90 vs. VII: -13.58 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
VII' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -27.4  Med: 4 Max: 15.1
Current: -13.58
-27.4
15.1

More Statistics

Revenue (TTM) (Mil) $29.49
EPS (TTM) $ -0.79
Beta1.49
Short Percentage of Float0.50%
52-Week Range $0.26 - 1.80
Shares Outstanding (Mil)9.35
» More Articles for VII

Headlines

Articles On GuruFocus.com
Charlie Tian's Interview on The Next Level Show Jun 28 2017 
Paulson Dives Deeper Into Valeant With Increased Holding Jun 27 2017 
US Market Indexes Lower, Technology Stock Volatility a Factor Jun 27 2017 
General Mills to Release 4th-Quarter, Full-Fiscal 2017 Results Jun 27 2017 
Warren Buffett Interprets the State of the Economy on PBS Newshour Jun 27 2017 
Office Space Provider Is a Good Stock to Follow Jun 27 2017 
Don't Lose Your Faith in Cisco Systems Jun 27 2017 
The Future of Value Investing Jun 27 2017 
Quotes From 2 of the World's Greatest Value Investors Jun 27 2017 
Extracts From the Bible of Value Investing Jun 27 2017 

More From Other Websites
ETFs with exposure to Vicon Industries, Inc. : June 8, 2017 Jun 08 2017
Vicon Industries, Inc. :VII-US: Earnings Analysis: Q2, 2017 By the Numbers : May 23, 2017 May 23 2017
Vicon Reports Financial Results for the Second Quarter Ended March 31, 2017 May 15 2017
ETFs with exposure to Vicon Industries, Inc. : April 24, 2017 Apr 24 2017
Vicon Industries Amends Credit Facility, Increasing Borrowing Availability Apr 21 2017
Vicon Industries, Inc. :VII-US: Earnings Analysis: Q1, 2017 By the Numbers : March 13, 2017 Mar 13 2017
Vicon Reports Financial Results for the First Quarter Ended December 31, 2016 Feb 17 2017
ETFs with exposure to Vicon Industries, Inc. : January 19, 2017 Jan 19 2017
Vicon Industries, Inc. :VII-US: Earnings Analysis: 2016 By the Numbers : January 17, 2017 Jan 17 2017
Vicon Reports Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2016 Jan 13 2017
Vicon Reports Financial Results for the Third Quarter Ended June 30, 2016 Aug 19 2016
Seven Generations Energy Ltd. :VII-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 Aug 09 2016
ETF’s with exposure to Vicon Industries, Inc. : May 23, 2016 May 23 2016
Seven Generations Energy Ltd. :VII-CA: Earnings Analysis: Q1, 2016 By the Numbers : May 23, 2016 May 23 2016
Vicon Industries, Inc. :VII-US: Earnings Analysis: Q2, 2016 By the Numbers May 20 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}