| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SSA Stock Overview
Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada, China, and the United States.
Spectra Products Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.035 |
| 52 Week High | CA$0.05 |
| 52 Week Low | CA$0.035 |
| Beta | 0.44 |
| 1 Month Change | 0% |
| 3 Month Change | -12.50% |
| 1 Year Change | -12.50% |
| 3 Year Change | -30.00% |
| 5 Year Change | 250.00% |
| Change since IPO | -80.56% |
Recent News & Updates
Does Spectra Products (CVE:SSA) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Shareholder Returns
| SSA | CA Auto Components | CA Market | |
|---|---|---|---|
| 7D | 0% | 4.1% | 0.3% |
| 1Y | -12.5% | -34.9% | -4.0% |
Return vs Industry: SSA exceeded the Canadian Auto Components industry which returned -34.9% over the past year.
Return vs Market: SSA underperformed the Canadian Market which returned -4.1% over the past year.
Price Volatility
| SSA volatility | |
|---|---|
| SSA Average Weekly Movement | 12.8% |
| Auto Components Industry Average Movement | 5.8% |
| Market Average Movement | 10.0% |
| 10% most volatile stocks in CA Market | 17.3% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: SSA is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: SSA's weekly volatility (13%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | n/a | Andy Malion | https://www.spectraproducts.ca |
Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada, China, and the United States. It offers brake and wheel-end monitoring equipment as an after-market product. The company also provides Brake Safe, a visual brake stroke indicator system that permits vehicle drivers and maintenance personnel to visually determine the brake adjustment condition of a truck, trailer or bus equipped with an air activated brake system; and Brake Inspector, an electronic version of Brake Safe, which offers an in-cab display of air brake status and permits the diagnosis of various existing and potential brake problems.
Spectra Products Fundamentals Summary
| SSA fundamental statistics | |
|---|---|
| Market Cap | CA$2.67m |
| Earnings (TTM) | CA$236.66k |
| Revenue (TTM) | CA$1.56m |
11.3x
P/E Ratio1.7x
P/S RatioIs SSA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSA income statement (TTM) | |
|---|---|
| Revenue | CA$1.56m |
| Cost of Revenue | CA$730.41k |
| Gross Profit | CA$829.32k |
| Other Expenses | CA$592.66k |
| Earnings | CA$236.66k |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0031 |
| Gross Margin | 53.17% |
| Net Profit Margin | 15.17% |
| Debt/Equity Ratio | 0% |
How did SSA perform over the long term?
See historical performance and comparisonValuation
Is SSA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SSA?
Other financial metrics that can be useful for relative valuation.
| What is SSA's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$2.67m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1x |
| Enterprise Value/EBITDA | 4.1x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does SSA's PE Ratio compare to its peers?
| SSA PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 39.2x |
Price-To-Earnings vs Peers: SSA is good value based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (39.2x).
Price to Earnings Ratio vs Industry
How does SSA's PE Ratio compare vs other companies in the Auto Components Industry?
Price-To-Earnings vs Industry: SSA is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Canadian Auto Components industry average (13.4x)
Price to Earnings Ratio vs Fair Ratio
What is SSA'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SSA's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SSA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SSA (CA$0.04) is trading below our estimate of fair value (CA$0.06)
Significantly Below Fair Value: SSA is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SSA's PEG Ratio to determine if it is good value.
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Future Growth
How is Spectra Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
23.5%
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spectra Products has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Discover growth companies
- Examine whether Spectra Products is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Spectra Products competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Spectra Products performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSA has high quality earnings.
Growing Profit Margin: SSA's current net profit margins (15.2%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: SSA's earnings have grown by 17.3% per year over the past 5 years.
Accelerating Growth: SSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SSA had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the Auto Components industry average (9.5%).
Return on Equity
High ROE: SSA's Return on Equity (13.3%) is considered low.
Discover strong past performing companies
Financial Health
How is Spectra Products's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SSA's short term assets (CA$1.7M) exceed its short term liabilities (CA$121.0K).
Long Term Liabilities: SSA's short term assets (CA$1.7M) exceed its long term liabilities (CA$144.7K).
Debt to Equity History and Analysis
Debt Level: SSA has more cash than its total debt.
Reducing Debt: SSA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SSA's debt is well covered by operating cash flow (3589580%).
Interest Coverage: SSA's interest payments on its debt are well covered by EBIT (63.8x coverage).
Balance Sheet
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Dividend
What is Spectra Products's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SSA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SSA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SSA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SSA's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SSA has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average board tenure
CEO
Andy Malion
no data
Tenure
CA$90,492
Compensation
Mr. Andrew J. Malion, also known as Andy, serves as President of Spectra Products Inc. (formerly known as Spectra Inc.) and serves as its Chairman since July 2019. He serves as Chief Executive Officer of S...
CEO Compensation Analysis
Compensation vs Market: Andy's total compensation ($USD70.06K) is below average for companies of similar size in the Canadian market ($USD175.79K).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: SSA's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SSA insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Spectra Products Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Spectra Products Inc.
- Ticker: SSA
- Exchange: TSXV
- Founded: 1994
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Implied Market Cap: CA$2.670m
- Shares outstanding: 76.28m
- Website: https://www.spectraproducts.ca
Location
- Spectra Products Inc.
- 41 Horner Avenue
- Unit 2
- Toronto
- Ontario
- M8Z 4X4
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/21 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.