Robert Courteau - Richelieu Hardware Independent Director

RCH Stock  CAD 40.94  1.93  4.95%   

Director

Mr. Robert G. Courteau is Independent Director of Richelieu Hardware Ltd. Mr. Robert Courteau currently acts as President of CM Management Inc. Previously, Mr. Courteau acted as President and CEO of SPI Health and Safety Inc. from July 2012 to July 2016. From April 2009 to April 2011, Mr. Courteau was Senior VicePresident of Business Solutions for Fujitsu Canada Inc and from June 2007 to April 2009 and from May 2011 to June 2012, he was President and Chief Executive Officer of CM Management Inc. From February 2005 to June 2007, he was President and Chief Executive Officer of Bell Business Solutions Inc., the same Corporation having bought Technologies Nexxlink Inc. the same Corporation for which he was President and Chief Operating Officer from June 2002 to February 2005. Mr. Courteau is a member of the Board of Directors and Chairman of the Audit Committee of the Montreal Heart Institute. since 2004.
Tenure 20 years
Phone514 336 4144
Webhttps://www.richelieu.com

Richelieu Hardware Management Efficiency

The company has return on total asset (ROA) of 0.0646 % which means that it generated a profit of $0.0646 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1033 %, meaning that it generated $0.1033 on every $100 dollars invested by stockholders. Richelieu Hardware's management efficiency ratios could be used to measure how well Richelieu Hardware manages its routine affairs as well as how well it operates its assets and liabilities.
Richelieu Hardware has accumulated 209.29 M in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Richelieu Hardware has a current ratio of 3.56, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Richelieu Hardware until it has trouble settling it off, either with new capital or with free cash flow. So, Richelieu Hardware's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Richelieu Hardware sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Richelieu to invest in growth at high rates of return. When we think about Richelieu Hardware's use of debt, we should always consider it together with cash and equity.

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Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. Richelieu Hardware Ltd. was founded in 1968 and is headquartered in Montreal, Canada. RICHELIEU HARDWARE operates under Furnishings, Fixtures Appliances classification in Canada and is traded on Toronto Stock Exchange. It employs 2300 people. Richelieu Hardware (RCH) is traded on Toronto Exchange in Canada and employs 3,000 people. Richelieu Hardware is listed under Household Durables category by Fama And French industry classification.

Management Performance

Richelieu Hardware Leadership Team

Elected by the shareholders, the Richelieu Hardware's board of directors comprises two types of representatives: Richelieu Hardware inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Richelieu. The board's role is to monitor Richelieu Hardware's management team and ensure that shareholders' interests are well served. Richelieu Hardware's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Richelieu Hardware's outside directors are responsible for providing unbiased perspectives on the board's policies.
Luc Martin, Independent Director
Lucie Chabot, Independent Director
John Statton, General Manager - Western Canada and Western United States
Denis Gagnon, Vice President - Information Technology
Jeff Crews, Vice President - Business Development, Retailers Market, Canada
FCPA FCMA, President CEO
Alain Charron, Vice President - Logistics and Supply Chain
Mathieu Gauvin, Independent Director
Robert Courteau, Independent Director
Marjolaine Plante, Vice President - Human Resources
Antoine Auclair, Chief Financial Officer, Vice President
Guy Grenier, Vice-President of Sales and Marketing ? Industrial
Pierre Pomerleau, Independent Director
Richard Lord, President, Chief Executive Officer, Director
Antoine CA, VP CFO
Marion Kloibhofer, General Manager - Central Canada
Craig Ratchford, Vice President General Manager - United States
Georges Forest, Founder
Yannick Godeau, Manager - Legal Affairs and Corporate Secretary
Sylvie Vachon, Independent Chairman of the Board
Eric Daignault, General Manager - Divisions
Marc Poulin, Independent Director

Richelieu Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Richelieu Hardware a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Richelieu Hardware

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Richelieu Hardware position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Richelieu Hardware will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Richelieu Hardware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richelieu Hardware when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Richelieu Hardware - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Richelieu Hardware to buy it.
The correlation of Richelieu Hardware is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Richelieu Hardware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richelieu Hardware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Richelieu Hardware can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Richelieu Stock

Richelieu Hardware financial ratios help investors to determine whether Richelieu Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Richelieu with respect to the benefits of owning Richelieu Hardware security.