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PAT

Patriot One Technologies TSX:PAT Stock Report

Last Price

CA$0.40

Market Cap

CA$65.3m

7D

8.1%

1Y

-16.7%

Updated

03 Oct, 2022

Data

Company Financials
PAT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PAT Stock Overview

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

Patriot One Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Patriot One Technologies
Historical stock prices
Current Share PriceCA$0.40
52 Week HighCA$0.92
52 Week LowCA$0.30
Beta0.84
1 Month Change-6.98%
3 Month Change-1.23%
1 Year Change-16.67%
3 Year Change-71.43%
5 Year Change-65.81%
Change since IPO-69.70%

Recent News & Updates

Shareholder Returns

PATCA Aerospace & DefenseCA Market
7D8.1%1.0%3.3%
1Y-16.7%-43.8%-4.0%

Return vs Industry: PAT exceeded the Canadian Aerospace & Defense industry which returned -45.8% over the past year.

Return vs Market: PAT underperformed the Canadian Market which returned -6.6% over the past year.

Price Volatility

Is PAT's price volatile compared to industry and market?
PAT volatility
PAT Average Weekly Movement8.9%
Aerospace & Defense Industry Average Movement7.2%
Market Average Movement10.1%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.8%

Stable Share Price: PAT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: PAT's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201668Peter Evanshttps://www.patriot1tech.com

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 Patriot Threat Detection segment develops and commercializes a platform of multi-sensor threat detection technologies.

Patriot One Technologies Fundamentals Summary

How do Patriot One Technologies's earnings and revenue compare to its market cap?
PAT fundamental statistics
Market CapCA$65.27m
Earnings (TTM)-CA$15.47m
Revenue (TTM)CA$3.09m

21.1x

P/S Ratio

-4.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PAT income statement (TTM)
RevenueCA$3.09m
Cost of RevenueCA$375.32k
Gross ProfitCA$2.72m
Other ExpensesCA$18.19m
Earnings-CA$15.47m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.095
Gross Margin87.86%
Net Profit Margin-500.41%
Debt/Equity Ratio0%

How did PAT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 PAT?

Other financial metrics that can be useful for relative valuation.

PAT 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/Revenue17.9x
Enterprise Value/EBITDA-10.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PAT's PS Ratio compare to its peers?

PAT PS Ratio vs Peers
The above table shows the PS ratio for PAT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4.5x
AZ A2Z Smart Technologies
12.2x103.9%CA$60.8m
DPRO Draganfly
4xn/aCA$32.1m
MRS Mission Ready Solutions
1.4x86.2%CA$22.3m
AVP Avcorp Industries
0.4xn/aCA$38.9m
PAT Patriot One Technologies
21.1xn/aCA$65.3m

Price-To-Sales vs Peers: PAT is expensive based on its Price-To-Sales Ratio (21.1x) compared to the peer average (4.5x).


Price to Earnings Ratio vs Industry

How does PAT's PE Ratio compare vs other companies in the North American Aerospace & Defense Industry?

Price-To-Sales vs Industry: PAT is expensive based on its Price-To-Sales Ratio (21.1x) compared to the North American Aerospace & Defense industry average (2x)


Price to Sales Ratio vs Fair Ratio

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

PAT PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio21.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PAT's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate PAT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PAT's fair value for valuation analysis.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Patriot One Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


53.7%

Forecasted Capital Goods 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 Patriot One Technologies 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 Patriot One Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Patriot One Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.9%

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 10.9% 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 (7.7%).


Return on Equity

High ROE: PAT has a negative Return on Equity (-34.1%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Patriot One Technologies's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PAT's short term assets (CA$14.9M) exceed its short term liabilities (CA$2.9M).

Long Term Liabilities: PAT's short term assets (CA$14.9M) exceed its long term liabilities (CA$431.9K).


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 is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Patriot One Technologies Dividend Yield vs Market
How does Patriot One Technologies dividend yield compare to the market?
SegmentDividend Yield
Company (Patriot One Technologies)n/a
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.0%
Industry Average (Aerospace & Defense)2.1%
Analyst forecast in 3 Years (Patriot One Technologies)n/a

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.


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 PAT has not reported any payouts.


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Management

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

3.1yrs

Average board tenure


CEO

Peter Evans

1.83yrs

Tenure

CA$660,535

Compensation

Mr. Peter Evans has been the Chief Executive Officer at Patriot One Technologies Inc. since November 16, 2020 and has been its Board Member since December 10, 2020. He has been Entrepreneur-In-Residence si...


Board Members

Experienced Board: PAT's board of directors are considered experienced (3.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSX:PAT Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
17 Mar 22BuyCA$9,000Karen HershIndividual15,000CA$0.60
17 Mar 22BuyCA$9,000Lea RayIndividual15,000CA$0.60
17 Mar 22BuyCA$50,040Peter EvansIndividual83,400CA$0.60
17 Mar 22BuyCA$6,000John GilliesIndividual10,000CA$0.60
17 Mar 22BuyCA$3,000Peter van der GrachtIndividual5,000CA$0.60
16 Mar 22BuyCA$6,000William MaginasIndividual10,000CA$0.60
15 Mar 22BuyCA$6,000Victoria CalvertIndividual10,000CA$0.60
17 Dec 21BuyCA$29,793Peter EvansIndividual75,000CA$0.40
05 Nov 21BuyCA$1,840Martin CroninIndividual4,000CA$0.46
02 Nov 21SellCA$137,049Martin CroninIndividual330,000CA$0.42
26 Oct 21BuyCA$33,420Peter EvansIndividual75,000CA$0.45

Ownership Breakdown

What is the ownership structure of PAT?
Owner TypeNumber of SharesOwnership Percentage
Institutions486,5500.3%
Individual Insiders547,4000.3%
General Public162,145,27299.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.


Top Shareholders

Top 8 shareholders own 0.63% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
0.3%
Dimensional Fund Advisors LP
486,550CA$194.6k-0.02%no data
0.15%
Peter Evans
251,400CA$100.6k0%no data
0.098%
John Gillies
160,000CA$64.0k0%no data
0.05%
Peter van der Gracht
82,000CA$32.8k0%no data
0.0092%
Karen Hersh
15,000CA$6.0k0%no data
0.0092%
Lea Ray
15,000CA$6.0k0%no data
0.0086%
Victoria Calvert
14,000CA$5.6k0%no data
0.0061%
William Maginas
10,000CA$4.0k0%no data

Company Information

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


Key Information

  • Name: Patriot One Technologies Inc.
  • Ticker: PAT
  • Exchange: TSX
  • Founded: 2016
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: CA$65.272m
  • Shares outstanding: 163.18m
  • Website: https://www.patriot1tech.com

Number of Employees


Location

  • Patriot One Technologies Inc.
  • 257 Adelaide Street West
  • Suite 400
  • 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

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/04/30
Annual Earnings2021/07/31


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.