Nicholas Nomicos - BRP Non-Executive Director

DOO Stock  CAD 68.39  0.77  1.14%   

Director

Mr. Nicholas Nomicos is an NonExecutive Director of BRP Inc. He is a senior advisor to Bain Capital where he worked from 1999 to 2016 as a Managing Director of Bain Capital Credit, LP and an Operating Partner of Bain Capital where he worked in a variety of investments in the manufacturing and consumer product sectors. Previously, Mr. Nomicos was a senior corporate development and manufacturing executive at Oak Industries Inc., and he spent several years at Bain Company, Inc. where he was a manager. He serves as a director and chairs the Human Resources and Compensation Committee of Dollarama Inc. He received a MBA from Harvard Business School and a BS in Engineering from Princeton University. since 2016.
Age 56
Tenure 8 years
Professional MarksMBA
Address 726, rue Saint-Joseph, Valcourt, QC, Canada, J0E 2L0
Phone450 532 2211
Webhttps://www.brp.com
Nomicos serves as a director of Dollarama Inc. He received a MBA from Harvard Business School and a BS in Engineering from Princeton University.

BRP Management Efficiency

The company has return on total asset (ROA) of 0.0804 % which means that it generated a profit of $0.0804 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.376 %, meaning that it generated $0.376 on every $100 dollars invested by stockholders. BRP's management efficiency ratios could be used to measure how well BRP manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Equity is likely to grow to 0.96, while Return On Tangible Assets are likely to drop 0.08. At this time, BRP's Non Currrent Assets Other are very stable compared to the past year. As of the 30th of November 2024, Intangibles To Total Assets is likely to grow to 0.14, while Total Assets are likely to drop about 4 B.
BRP Inc has accumulated 2.95 B in total debt with debt to equity ratio (D/E) of 600.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. BRP Inc has a current ratio of 1.47, which is within standard range for the sector. Debt can assist BRP until it has trouble settling it off, either with new capital or with free cash flow. So, BRP'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 BRP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BRP to invest in growth at high rates of return. When we think about BRP's use of debt, we should always consider it together with cash and equity.

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BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada. BRP INC operates under Recreational Vehicles classification in Canada and is traded on Toronto Stock Exchange. It employs 12600 people. BRP Inc (DOO) is traded on Toronto Exchange in Canada and employs 20,000 people. BRP is listed under Leisure Products category by Fama And French industry classification.

Management Performance

BRP Inc Leadership Team

Elected by the shareholders, the BRP's board of directors comprises two types of representatives: BRP inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BRP. The board's role is to monitor BRP's management team and ensure that shareholders' interests are well served. BRP'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, BRP's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Robbins, Non-Executive Director
Estelle Metayer, Non-Executive Independent Director
Charles Bombardier, Non-Executive Director
Sebastien Martel, Chief Financial Officer
Stephane Bilodeau, Chief Officer
AnneMarie LaBerge, Senior Vice President - Global Brands, Marketing and Communications
Michael Hanley, Lead Non-Executive Independent Director
Tracy Crocker, Senior Vice President, General Manager - Evinrude
Philippe Deschenes, Manager Relations
Karim Donnez, Senior Vice President - Strategy, Business Development and Transformation
Thomas Uhr, Senior Vice President - Product Engineering and Manufacturing Operations - Powersports
Edward Philip, Non-Executive Independent Director
Jose Boisjoli, CEO and President Director and Member of Investment and Risk Committee
Sandy Scullion, Vice President General Manager - BRP Global sales and consumer experience
Joshua Bekenstein, Non-Executive Director
Bernard Guy, Senior Vice President - Global Product Strategy
Anne Breton, Senior Vice-President - Global Human Resources and Health, Safety & Security
Patrick Dussault, Powersports Operations
Josee Perreault, Senior Vice President - Can-Am On-Road vehicles
Laurent Beaudoin, Non-Executive Chairman of the Board
Pierre Beaudoin, Non-Executive Director
Nicholas Nomicos, Non-Executive Director
Minh Tran, Executive Group
Denys Lapointe, Executive Vice President - Design, Innovation and Corporate Image
Barbara Samardzich, Non-Executive Independent Director
Martin Langelier, Senior Vice President, General Counsel and Public Affairs
Louis Laporte, Non-Executive Director
Pierre Pichette, Director

BRP 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 BRP 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 BRP

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 BRP 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 BRP will appreciate offsetting losses from the drop in the long position's value.

Moving against BRP Stock

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The ability to find closely correlated positions to BRP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRP 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 BRP - 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 BRP Inc to buy it.
The correlation of BRP 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 BRP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRP Inc 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 BRP 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
When determining whether BRP Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BRP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brp Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BRP Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Please note, there is a significant difference between BRP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.