TSX:XTC

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Executive Summary

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.


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

1.7%

XTC

2.2%

CA Machinery

1.9%

CA Market


1 Year Return

-22.9%

XTC

-23.1%

CA Machinery

-12.0%

CA Market

Return vs Industry: XTC matched the Canadian Machinery industry which returned -22.9% over the past year.

Return vs Market: XTC underperformed the Canadian Market which returned -13.7% over the past year.


Shareholder returns

XTCIndustryMarket
7 Day1.7%2.2%1.9%
30 Day9.9%12.9%3.5%
90 Day-14.6%-14.5%-10.5%
1 Year-19.1%-22.9%-20.9%-23.1%-8.9%-12.0%
3 Year-36.7%-43.8%-29.0%-34.4%-0.1%-9.4%
5 Year-47.5%-55.2%-2.1%-10.1%14.7%-2.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XTC (CA$6.42) is trading above our estimate of fair value (CA$5.91)

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


Price To Earnings Ratio

PE vs Industry: XTC is good value based on its PE Ratio (8.2x) compared to the Machinery industry average (27.9x).

PE vs Market: XTC is good value based on its PE Ratio (8.2x) compared to the Canadian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: XTC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: XTC is good value based on its PB Ratio (0.7x) compared to the CA Machinery industry average (2x).


Next Steps

Future Growth

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

-4.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XTC's earnings are forecast to decline over the next 3 years (-4.1% per year).

Earnings vs Market: XTC's earnings are forecast to decline over the next 3 years (-4.1% per year).

High Growth Earnings: XTC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: XTC's revenue (2% per year) is forecast to grow slower than the Canadian market (5.6% per year).

High Growth Revenue: XTC's revenue (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


Next Steps

Past Performance

How has Exco Technologies performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XTC has high quality earnings.

Growing Profit Margin: XTC's current net profit margins (6.6%) are higher than last year (6.3%).


Past Earnings Growth Analysis

Earnings Trend: XTC's earnings have declined by -6.3% 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 (-9.5%) over the past year, making it difficult to compare to the Machinery industry average (-9.5%).


Return on Equity

High ROE: XTC's Return on Equity (9.3%) is considered low.


Next Steps

Financial Health

How is Exco Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: XTC's short term assets (CA$206.6M) exceed its short term liabilities (CA$71.4M).

Long Term Liabilities: XTC's short term assets (CA$206.6M) exceed its long term liabilities (CA$31.0M).


Debt to Equity History and Analysis

Debt Level: XTC's debt to equity ratio (7%) is considered satisfactory.

Reducing Debt: XTC's debt to equity ratio has reduced from 8.2% to 7% over the past 5 years.

Debt Coverage: XTC's debt is well covered by operating cash flow (309.4%).

Interest Coverage: XTC's interest payments on its debt are well covered by EBIT (61.5x coverage).


Balance Sheet


Next Steps

Dividend

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

5.92%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: XTC's dividend (5.92%) is higher than the bottom 25% of dividend payers in the Canadian market (2.06%).

High Dividend: XTC's dividend (5.92%) is low compared to the top 25% of dividend payers in the Canadian market (6.65%).


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.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (45.9%), XTC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

5.4yrs

Average management tenure


CEO

Darren Kirk (45yo)

1.33yrs

Tenure

CA$526,694

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

Compensation vs Market: Darren's total compensation ($USD381.51K) is below average for companies of similar size in the Canadian market ($USD728.98K).

Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brian Robbins
Executive Chairman of the Board1.33yrsCA$1.08m24.95% CA$63.7m
Darren Kirk
President1.33yrsCA$526.69k0.056% CA$141.9k
Matthew Posno
CFO, VP of Finance & Secretary1yrCA$277.40k0.017% CA$44.3k
Paul Riganelli
Executive VP & Director2.33yrsCA$70.00k0.76% CA$1.9m
William Schroers
CEO & President of Automotive Solutions Group34.33yrsCA$1.05m0.063% CA$160.5k
Paul Robbins
VP & GM of Castool Division45yrsCA$591.20k2.47% CA$6.3m
Jeff Blackburn
VP & GM of Casting Technologies8.5yrsCA$550.86k0.011% CA$27.8k

5.4yrs

Average Tenure

60yo

Average Age

Experienced Management: XTC's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Brian Robbins
Executive Chairman of the Board1.33yrsCA$1.08m24.95% CA$63.7m
Darren Kirk
President1.33yrsCA$526.69k0.056% CA$141.9k
Paul Riganelli
Executive VP & Director2.33yrsCA$70.00k0.76% CA$1.9m
Edward Kernaghan
Independent Director11.33yrsCA$70.00kno data
Robert Magee
Lead Director1.33yrsCA$95.00k0.063% CA$160.5k
Colleen McMorrow
Independent Corporate Director3.25yrsCA$77.00k0.025% CA$64.2k
Anne Turnbull
Independent Director1.33yrsCA$42.50k0.035% CA$88.6k

1.3yrs

Average Tenure

60yo

Average Age

Experienced Board: XTC's board of directors are not considered experienced ( 1.3 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: XTC insiders have bought more shares than they have sold 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

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


Key Information

  • Name: Exco Technologies Limited
  • Ticker: XTC
  • Exchange: TSX
  • Founded: 1952
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$255.199m
  • Shares outstanding: 39.75m
  • 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

Biography

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 die-casting and extrusion tooling and consumable parts for aluminum die-casting and aluminum extrusion machines. The Automotive Solutions segment produces automotive interior components and assemblies primarily for passenger and light truck vehicles. This segment offers synthetic net and other cargo restraint products, injection-molded components, shift/brake boots, instrument panel components, sun visors, seat covers, head rests, other cut and sew products, and related interior trim components and assemblies. This segment also supplies plastic trunk trays and organizer systems, floor mats, and bumper covers, as well as die cut leather sets for seating applications. It operates in Canada, the United States, Europe, Mexico, South America, Asia, and internationally. Exco Technologies Limited was founded in 1952 and is based in Markham, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 01:46
End of Day Share Price2020/05/27 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.