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XTC

Exco Technologies TSX:XTC Stock Report

Last Price

CA$7.70

Market Cap

CA$299.6m

7D

-2.0%

1Y

-22.2%

Updated

30 Sep, 2022

Data

Company Financials +
XTC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends4/6

XTC Stock Overview

Exco Technologies Limited, together with its subsidiaries, designs, develops, and manufactures dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries.

Exco Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Exco Technologies
Historical stock prices
Current Share PriceCA$7.70
52 Week HighCA$11.50
52 Week LowCA$7.60
Beta1.23
1 Month Change-11.90%
3 Month Change-3.63%
1 Year Change-22.22%
3 Year Change6.80%
5 Year Change-22.38%
Change since IPO2,100.00%

Recent News & Updates

Sep 02
Exco Technologies (TSE:XTC) Is Paying Out A Dividend Of CA$0.105

Exco Technologies (TSE:XTC) Is Paying Out A Dividend Of CA$0.105

The board of Exco Technologies Limited ( TSE:XTC ) has announced that it will pay a dividend on the 30th of September...

Aug 18
Exco Technologies (TSE:XTC) Has Announced A Dividend Of CA$0.105

Exco Technologies (TSE:XTC) Has Announced A Dividend Of CA$0.105

Exco Technologies Limited ( TSE:XTC ) will pay a dividend of CA$0.105 on the 30th of September. Based on this payment...

Aug 04
Exco Technologies (TSE:XTC) Has Announced A Dividend Of CA$0.105

Exco Technologies (TSE:XTC) Has Announced A Dividend Of CA$0.105

The board of Exco Technologies Limited ( TSE:XTC ) has announced that it will pay a dividend on the 30th of September...

Shareholder Returns

XTCCA Auto ComponentsCA Market
7D-2.0%-4.4%-0.008%
1Y-22.2%-30.8%-6.6%

Return vs Industry: XTC exceeded the Canadian Auto Components industry which returned -29.2% over the past year.

Return vs Market: XTC underperformed the Canadian Market which returned -6.2% over the past year.

Price Volatility

Is XTC's price volatile compared to industry and market?
XTC volatility
XTC Average Weekly Movement3.1%
Auto Components Industry Average Movement6.1%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.8%

Stable Share Price: XTC is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: XTC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19525,000Darren Kirkhttps://www.excocorp.com

Exco Technologies Limited, together with its subsidiaries, designs, develops, and manufactures dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. It operates through two segments, Casting and Extrusion, and Automotive Solutions. The Casting and Extrusion segment designs, develops, and manufactures tooling and consumable parts for aluminum die-casting and aluminum extrusion machines.

Exco Technologies Fundamentals Summary

How do Exco Technologies's earnings and revenue compare to its market cap?
XTC fundamental statistics
Market CapCA$299.63m
Earnings (TTM)CA$20.49m
Revenue (TTM)CA$455.97m

14.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XTC income statement (TTM)
RevenueCA$455.97m
Cost of RevenueCA$362.78m
Gross ProfitCA$93.20m
Other ExpensesCA$72.71m
EarningsCA$20.49m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin20.44%
Net Profit Margin4.49%
Debt/Equity Ratio27.3%

How did XTC perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

79%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is XTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XTC?

Other financial metrics that can be useful for relative valuation.

XTC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA7x
PEG Ratio0.2x

Price to Earnings Ratio vs Peers

How does XTC's PE Ratio compare to its peers?

XTC PE Ratio vs Peers
The above table shows the PE ratio for XTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.9x
MRE Martinrea International
28.8x119.6%CA$687.3m
LNR Linamar
9.5xn/aCA$3.4b
MG Magna International
20.2x23.1%CA$18.9b
SSA Spectra Products
13.3xn/aCA$2.7m
XTC Exco Technologies
14.6x72.6%CA$299.6m

Price-To-Earnings vs Peers: XTC is good value based on its Price-To-Earnings Ratio (14.6x) compared to the peer average (17.9x).


Price to Earnings Ratio vs Industry

How does XTC's PE Ratio compare vs other companies in the North American Auto Components Industry?

Price-To-Earnings vs Industry: XTC is good value based on its Price-To-Earnings Ratio (14.6x) compared to the North American Auto Components industry average (17.4x)


Price to Earnings Ratio vs Fair Ratio

What is XTC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XTC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.6x
Fair PE Ratio14.5x

Price-To-Earnings vs Fair Ratio: XTC is expensive based on its Price-To-Earnings Ratio (14.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.5x).


Share Price vs Fair Value

What is the Fair Price of XTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XTC (CA$7.7) is trading above our estimate of fair value (CA$6.07)

Significantly Below Fair Value: XTC is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Exco Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


72.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XTC's forecast earnings growth (72.6% per year) is above the savings rate (1.6%).

Earnings vs Market: XTC's earnings (72.6% per year) are forecast to grow faster than the Canadian market (7.5% per year).

High Growth Earnings: XTC's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: XTC's revenue (15.2% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: XTC's revenue (15.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if XTC's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Exco Technologies performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-9.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: XTC has high quality earnings.

Growing Profit Margin: XTC's current net profit margins (4.5%) are lower than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: XTC's earnings have declined by 9% per year over the past 5 years.

Accelerating Growth: XTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XTC had negative earnings growth (-51.3%) over the past year, making it difficult to compare to the Auto Components industry average (-51.3%).


Return on Equity

High ROE: XTC's Return on Equity (6.1%) is considered low.


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Financial Health

How is Exco Technologies's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: XTC's short term assets (CA$223.2M) exceed its short term liabilities (CA$108.4M).

Long Term Liabilities: XTC's short term assets (CA$223.2M) exceed its long term liabilities (CA$95.0M).


Debt to Equity History and Analysis

Debt Level: XTC's net debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: XTC's debt to equity ratio has increased from 14.3% to 27.3% over the past 5 years.

Debt Coverage: XTC's debt is well covered by operating cash flow (37.9%).

Interest Coverage: XTC's interest payments on its debt are well covered by EBIT (26.2x coverage).


Balance Sheet


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Dividend

What is Exco Technologies's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.45%

Current Dividend Yield

Dividend Yield vs Market

Exco Technologies Dividend Yield vs Market
How does Exco Technologies dividend yield compare to the market?
SegmentDividend Yield
Company (Exco Technologies)5.5%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.1%
Industry Average (Auto Components)3.4%
Analyst forecast in 3 Years (Exco Technologies)n/a

Notable Dividend: XTC's dividend (5.45%) is higher than the bottom 25% of dividend payers in the Canadian market (2%).

High Dividend: XTC's dividend (5.45%) is low compared to the top 25% of dividend payers in the Canadian market (6.1%).


Stability and Growth of Payments

Stable Dividend: XTC's dividends per share have been stable in the past 10 years.

Growing Dividend: XTC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (79.3%), XTC's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: XTC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average management tenure


CEO

Darren Kirk (48 yo)

3.67yrs

Tenure

CA$1,140,254

Compensation

Mr. Darren Michael Kirk, MBA, CFA, has been President and Chief Executive Officer at Exco Technologies Limited since January 30, 2019 and served as its Chief Operating Officer since January 1, 2018. Mr. Ki...


CEO Compensation Analysis

Darren Kirk's Compensation vs Exco Technologies Earnings
How has Darren Kirk's remuneration changed compared to Exco Technologies's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

CA$20m

Mar 31 2022n/an/a

CA$24m

Dec 31 2021n/an/a

CA$30m

Sep 30 2021CA$1mCA$500k

CA$38m

Jun 30 2021n/an/a

CA$42m

Mar 31 2021n/an/a

CA$33m

Dec 31 2020n/an/a

CA$30m

Sep 30 2020CA$762kCA$450k

CA$27m

Jun 30 2020n/an/a

CA$23m

Mar 31 2020n/an/a

CA$32m

Dec 31 2019n/an/a

CA$31m

Sep 30 2019CA$527kCA$375k

CA$27m

Jun 30 2019n/an/a

CA$31m

Mar 31 2019n/an/a

CA$35m

Dec 31 2018n/an/a

CA$37m

Sep 30 2018CA$621kCA$325k

CA$42m

Jun 30 2018n/an/a

CA$38m

Mar 31 2018n/an/a

CA$38m

Dec 31 2017n/an/a

CA$40m

Sep 30 2017CA$464kCA$275k

CA$43m

Jun 30 2017n/an/a

CA$46m

Mar 31 2017n/an/a

CA$51m

Dec 31 2016n/an/a

CA$47m

Sep 30 2016CA$432kCA$250k

CA$48m

Compensation vs Market: Darren's total compensation ($USD830.51K) is about average for companies of similar size in the Canadian market ($USD820.14K).

Compensation vs Earnings: Darren's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: XTC's management team is seasoned and experienced (7.8 years average tenure).


Board Members

Experienced Board: XTC's board of directors are considered experienced (9.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XTC insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSX:XTC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
23 Sep 22BuyCA$363,700Edward KernaghanIndividual45,100CA$8.15
05 Jul 22BuyCA$15,147Anne TurnbullIndividual1,900CA$7.98
27 Jun 22BuyCA$251,750Edward KernaghanIndividual30,000CA$8.40
23 Jun 22BuyCA$43,461Edward KernaghanIndividual5,200CA$8.37
17 Jun 22BuyCA$20,375Edward KernaghanIndividual2,500CA$8.15
16 Jun 22BuyCA$190,174Edward KernaghanIndividual23,200CA$8.36
13 Jun 22BuyCA$64,045Edward KernaghanIndividual7,700CA$8.35
10 Jun 22BuyCA$184,179Edward KernaghanIndividual21,600CA$8.68
07 Jun 22BuyCA$127,188Edward KernaghanIndividual15,000CA$8.50
06 Jun 22BuyCA$237,268Edward KernaghanIndividual28,000CA$8.50
27 May 22BuyCA$127,125Edward KernaghanIndividual15,000CA$8.50
25 May 22BuyCA$420,386Edward KernaghanIndividual50,000CA$8.50
20 May 22BuyCA$151,882Edward KernaghanIndividual17,700CA$8.65
19 May 22BuyCA$1,110,838Edward KernaghanIndividual127,700CA$8.70
18 May 22BuyCA$237,215Edward KernaghanIndividual27,300CA$8.76
16 May 22BuyCA$216,685Edward KernaghanIndividual24,900CA$8.72
13 May 22BuyCA$175,599Edward KernaghanIndividual20,200CA$8.75
11 May 22BuyCA$381,612Edward KernaghanIndividual43,700CA$8.82
06 May 22BuyCA$107,741Edward KernaghanIndividual12,100CA$8.95
05 May 22BuyCA$629,261Edward KernaghanIndividual71,800CA$8.90
03 May 22BuyCA$10,716Anne TurnbullIndividual1,200CA$8.93
31 Mar 22BuyCA$191,593Edward KernaghanIndividual20,600CA$9.31
29 Mar 22BuyCA$689,229Edward KernaghanIndividual75,000CA$9.25
25 Mar 22BuyCA$1,312,759Edward KernaghanIndividual143,300CA$9.20
21 Mar 22BuyCA$265,938Edward KernaghanIndividual28,900CA$9.23
16 Mar 22BuyCA$258,267Edward KernaghanIndividual28,100CA$9.20
15 Mar 22BuyCA$696,692Edward KernaghanIndividual75,700CA$9.27
11 Mar 22BuyCA$214,680Edward KernaghanIndividual23,300CA$9.25
08 Mar 22BuyCA$4,007,460Edward KernaghanIndividual435,600CA$9.29
04 Mar 22BuyCA$649,983Edward KernaghanIndividual69,800CA$9.37
03 Mar 22BuyCA$31,569Robert MageeIndividual3,400CA$9.33
03 Mar 22BuyCA$14,880Robert MageeIndividual1,600CA$9.30
24 Feb 22BuyCA$101,050Edward KernaghanIndividual11,000CA$9.20
14 Feb 22BuyCA$270,439Edward KernaghanIndividual29,400CA$9.20
08 Feb 22BuyCA$966,320Edward KernaghanIndividual105,700CA$9.15
07 Feb 22BuyCA$1,830,012Edward KernaghanIndividual200,000CA$9.20
04 Feb 22BuyCA$9,200Anne TurnbullIndividual1,000CA$9.20

Ownership Breakdown

What is the ownership structure of XTC?
Owner TypeNumber of SharesOwnership Percentage
Institutions2,310,5815.9%
General Public15,682,07740.3%
Individual Insiders20,919,80653.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 59.7% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
25.54%
Brian Robbins
9,939,428CA$76.5m0%no data
24.89%
Edward Kernaghan
9,685,200CA$74.6m0.47%no data
2.44%
Paul Robbins
949,437CA$7.3m0%no data
2.24%
Dimensional Fund Advisors LP
872,094CA$6.7m0.2%no data
1.08%
ARK Investment Management LLC
421,019CA$3.2m-9.53%0.02%
0.78%
Grace & White, Inc.
303,000CA$2.3m10.42%0.35%
0.61%
Polaris Capital Management, LLC
239,100CA$1.8m-12.55%0.02%
0.6%
Paul Riganelli
233,837CA$1.8m0%no data
0.44%
Van Berkom and Associates Inc.
171,316CA$1.3m0%0.04%
0.31%
1832 Asset Management L.P.
120,774CA$930.0k0%no data
0.13%
Arrow Capital Management Inc.
50,000CA$385.0k0%0.11%
0.11%
Hillsdale Investment Management Inc.
44,192CA$340.3k0%0.02%
0.11%
Darren Kirk
42,104CA$324.2k0%no data
0.077%
Robert Magee
30,000CA$231.0k0%no data
0.061%
BlackRock, Inc.
23,574CA$181.5k1.45%no data
0.059%
Anne Turnbull
22,900CA$176.3k9.05%no data
0.05%
Bessemer Investment Management LLC
19,383CA$149.2k-35.99%no data
0.035%
CIBC Asset Management Inc.
13,764CA$106.0k-37.62%no data
0.027%
Acadian Asset Management LLC
10,508CA$80.9k302.91%no data
0.026%
Colleen McMorrow
10,000CA$77.0k0%no data
0.024%
SEI Investments Company
9,200CA$70.8k0%no data
0.021%
TD Asset Management, Inc.
7,977CA$61.4k-3.26%no data
0.018%
Matthew Posno
6,900CA$53.1k0%no data
0.0069%
Lincluden Investment Management
2,680CA$20.6k-6.62%no data
0.0046%
Hotchkis and Wiley Capital Management, LLC
1,800CA$13.9k0%no data

Company Information

Exco Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Exco Technologies Limited
  • Ticker: XTC
  • Exchange: TSX
  • Founded: 1952
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: CA$299.626m
  • Shares outstanding: 38.91m
  • Website: https://www.excocorp.com

Number of Employees


Location

  • Exco Technologies Limited
  • 130 Spy Court
  • 2nd Floor
  • Markham
  • Ontario
  • L3R 5H6
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XTCTSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 1986
EXCO.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1986
3XTDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1986

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.