TSX:PAT

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Patriot One Technologies

Executive Summary

Patriot One Technologies Inc. engages in the research, development, and commercialization of threat detection solutions worldwide. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Patriot One Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PAT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.8%

PAT

-5.4%

CA Aerospace & Defense

-8.1%

CA Market


1 Year Return

-64.6%

PAT

-35.6%

CA Aerospace & Defense

-60.7%

CA Market

Return vs Industry: PAT underperformed the Canadian Aerospace & Defense industry which returned -35.6% over the past year.

Return vs Market: PAT underperformed the Canadian Market which returned -60.7% over the past year.


Shareholder returns

PATIndustryMarket
7 Day-1.8%-5.4%-8.1%
30 Day-18.8%13.0%-6.7%
90 Day-39.8%10.9%-26.5%
1 Year-64.6%-64.6%-34.9%-35.6%-59.0%-60.7%
3 Year-62.2%-62.2%-12.0%-15.3%-60.3%-64.4%
5 Yearn/a30.8%21.7%-51.7%-59.4%

Price Volatility Vs. Market

How volatile is Patriot One Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Patriot One Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PAT (CA$0.56) is trading below our estimate of fair value (CA$4.2)

Significantly Below Fair Value: PAT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PAT is unprofitable, so we can't compare its PE Ratio to the XN Aerospace & Defense industry average.

PE vs Market: PAT is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PAT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PAT is good value based on its PB Ratio (1.4x) compared to the CA Aerospace & Defense industry average (2.7x).


Next Steps

Future Growth

How is Patriot One Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

40.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PAT's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if PAT's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PAT's revenue (40.7% per year) is forecast to grow faster than the Canadian market (7.3% per year).

High Growth Revenue: PAT's revenue (40.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Patriot One Technologies performed over the past 5 years?

-40.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PAT is currently unprofitable.

Growing Profit Margin: PAT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PAT is unprofitable, and losses have increased over the past 5 years at a rate of 40.6% per year.

Accelerating Growth: Unable to compare PAT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PAT is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-2%).


Return on Equity

High ROE: PAT has a negative Return on Equity (-40.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is Patriot One Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: PAT's short term assets (CA$30.5M) exceed its short term liabilities (CA$3.2M).

Long Term Liabilities: PAT's short term assets (CA$30.5M) exceed its long term liabilities (CA$595.2K).


Debt to Equity History and Analysis

Debt Level: PAT is debt free.

Reducing Debt: PAT has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PAT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PAT has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 48.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate PAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate PAT'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 PAT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PAT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PAT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Martin Cronin (54 yo)

3.92yrs

Tenure

CA$240,000

Compensation

Mr. Martin Cronin has been the Chief Executive Officer at Patriot One Technologies Inc. since November 09, 2016 and served as its President. Mr. Cronin serves as Regional Director of the Canadian Forces Li ...


CEO Compensation Analysis

Compensation vs Market: Martin's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD174.80K).

Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Martin Cronin
CEO & Director3.92yrsCA$240.00k0.38%
CA$ 323.5k
Jeffery Tindale
Senior VP of Capital Marketsno dataCA$395.00kno data
Dietmar Wennemer
President & COO0.50yrno datano data
Karen Hersh
CFO & Corporate Secretary0.17yrno datano data
Paul Borselli
Senior Vice President of Marketing & Communicationsno datano datano data
Blair Melton
Senior Vice President of Sales0.75yrno datano data
Robert Lex
Senior Vice President of Operations2.75yrsno datano data
Paul Rice
Senior Vice President of Engineering & Radar Systems1.75yrsno datano data
Phil Lancaster
Senior Vice President of Business Development & Government Relations1.92yrsno datano data
James Stewart
Senior Vice President of Video Analytics1.75yrsno data0%
CA$ 0

1.8yrs

Average Tenure

Experienced Management: PAT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Martin Cronin
CEO & Director3.92yrsCA$240.00k0.38%
CA$ 323.5k
Thomas Ridge
Member of Executive Advisory Board3.5yrsno datano data
Lea Ray
Independent Director0.58yrno datano data
Victoria Calvert
Independent Director1.42yrsno data0.0027%
CA$ 2.2k
Andrew Brear
Member of Executive Advisory Board3.58yrsno datano data
John Gillies
Independent Director3.42yrsCA$15.00k0.10%
CA$ 84.0k
Peter van der Gracht
Independent Chairman of the Board0.92yrCA$213.11k0.051%
CA$ 43.1k
Karl Wagner
Member of Executive Advisory Board1.75yrsno datano data
Natalia Nikolova
Member of Executive Advisory Boardno datano datano data
Jamie Graham
Member of Executive Advisory Boardno datano datano data
Michael Rozin
Member of Executive Advisory Board1.33yrsno datano data
Ward Elcock
Member of Executive Advisory Board1.33yrsno datano data

1.6yrs

Average Tenure

59yo

Average Age

Experienced Board: PAT's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: PAT 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

Patriot One Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Patriot One Technologies Inc.
  • Ticker: PAT
  • Exchange: TSX
  • Founded: 2010
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: CA$84.408m
  • Shares outstanding: 150.73m
  • Website: https://www.patriot1tech.com

Number of Employees


Location

  • Patriot One Technologies Inc.
  • 400-257 Adelaide Street West
  • Toronto
  • Ontario
  • M5H 1X9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PATTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 2016
0PLDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2016
PTOT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2016
0VC5LSE (London Stock Exchange)YesCommon SharesGBCADNov 2016

Biography

Patriot One Technologies Inc. engages in the research, development, and commercialization of threat detection solutions worldwide. It operates through Patriot Threat Detection and Xtract segments. The Patr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 04:29
End of Day Share Price2020/10/29 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.