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AZ

A2Z Smart Technologies TSXV:AZ Stock Report

Last Price

CA$2.23

Market Cap

CA$60.8m

7D

-26.9%

1Y

-75.1%

Updated

03 Oct, 2022

Data

Company Financials +
AZ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

AZ Stock Overview

A2Z Smart Technologies Corp. provides services in the field of advanced engineering capabilities to the military/security markets and governmental agencies in Israel.

A2Z Smart Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for A2Z Smart Technologies
Historical stock prices
Current Share PriceCA$2.23
52 Week HighCA$14.40
52 Week LowCA$2.20
Beta2.18
1 Month Change-49.89%
3 Month Change-37.71%
1 Year Change-75.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO23.89%

Recent News & Updates

Shareholder Returns

AZCA Aerospace & DefenseCA Market
7D-26.9%1.0%3.3%
1Y-75.1%-43.8%-4.0%

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

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

Price Volatility

Is AZ's price volatile compared to industry and market?
AZ volatility
AZ Average Weekly Movement16.8%
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: AZ is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: AZ's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a57Bentsur Josephhttps://a2zas.com

A2Z Smart Technologies Corp. provides services in the field of advanced engineering capabilities to the military/security markets and governmental agencies in Israel. The company produces unmanned remote-controlled vehicles and energy power packs; products for the civilian and retail markets; and fuel tank intelligent containment system, a capsule that can be placed in a fuel tank to prevent gas tank explosions. It also offers retail automation solutions for large grocery stores and supermarkets, as well as offers maintenance and calibration services to external and in-house complex electronic systems and products.

A2Z Smart Technologies Fundamentals Summary

How do A2Z Smart Technologies's earnings and revenue compare to its market cap?
AZ fundamental statistics
Market CapCA$60.83m
Earnings (TTM)-CA$15.66m
Revenue (TTM)CA$4.97m

12.2x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AZ income statement (TTM)
RevenueUS$3.64m
Cost of RevenueUS$3.95m
Gross Profit-US$308.00k
Other ExpensesUS$11.17m
Earnings-US$11.48m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.42
Gross Margin-8.46%
Net Profit Margin-315.30%
Debt/Equity Ratio10.7%

How did AZ perform over the long term?

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

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 AZ?

Other financial metrics that can be useful for relative valuation.

AZ 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/Revenue11.7x
Enterprise Value/EBITDA-3.5x
PEG Ration/a

Price to Sales Ratio vs Peers

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

AZ PS Ratio vs Peers
The above table shows the PS ratio for AZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average6.7x
PAT Patriot One Technologies
21.1xn/aCA$65.3m
DPRO Draganfly
4xn/aCA$32.1m
MRS Mission Ready Solutions
1.4x86.2%CA$22.3m
AVP Avcorp Industries
0.4xn/aCA$38.9m
AZ A2Z Smart Technologies
12.2x103.9%CA$60.8m

Price-To-Sales vs Peers: AZ is expensive based on its Price-To-Sales Ratio (12.2x) compared to the peer average (6.7x).


Price to Earnings Ratio vs Industry

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

Price-To-Sales vs Industry: AZ is expensive based on its Price-To-Sales Ratio (12.2x) compared to the North American Aerospace & Defense industry average (2x)


Price to Sales Ratio vs Fair Ratio

What is AZ'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.

AZ PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.2x
Fair PS Ratio30.4x

Price-To-Sales vs Fair Ratio: AZ is good value based on its Price-To-Sales Ratio (12.2x) compared to the estimated Fair Price-To-Sales Ratio (30.4x).


Share Price vs Fair Value

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

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

Significantly Below Fair Value: Insufficient data to calculate AZ'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 A2Z Smart Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-17.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AZ is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AZ is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AZ is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: AZ's revenue (103.9% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: AZ's revenue (103.9% 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 AZ's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has A2Z Smart 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


-67.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AZ is currently unprofitable.

Growing Profit Margin: AZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AZ is unprofitable, and losses have increased over the past 5 years at a rate of 67.3% per year.

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

Earnings vs Industry: AZ is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (7.7%).


Return on Equity

High ROE: AZ has a negative Return on Equity (-166.25%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is A2Z Smart Technologies's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AZ's short term assets ($7.8M) exceed its short term liabilities ($4.4M).

Long Term Liabilities: AZ's short term assets ($7.8M) exceed its long term liabilities ($930.0K).


Debt to Equity History and Analysis

Debt Level: AZ has more cash than its total debt.

Reducing Debt: Insufficient data to determine if AZ's debt to equity ratio has reduced over the 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: AZ has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 77.6% each year


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Dividend

What is A2Z Smart 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

A2Z Smart Technologies Dividend Yield vs Market
How does A2Z Smart Technologies dividend yield compare to the market?
SegmentDividend Yield
Company (A2Z Smart 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 (A2Z Smart Technologies)n/a

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

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

Growing Dividend: Insufficient data to determine if AZ'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 AZ has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.8yrs

Average management tenure


CEO

Bentsur Joseph (62 yo)

2.83yrs

Tenure

US$21,689

Compensation

Prof. Ben-Tsur Joseph Co-founded InRob Tech Ltd. has been its President and Principal Accounting Officer since July 21, 2005 and also serves as its Chief Executive Officer, Chief Financial Officer and Cont...


CEO Compensation Analysis

Bentsur Joseph's Compensation vs A2Z Smart Technologies Earnings
How has Bentsur Joseph's remuneration changed compared to A2Z Smart Technologies's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-US$11m

Mar 31 2022n/an/a

-US$13m

Dec 31 2021n/an/a

-US$40m

Sep 30 2021n/an/a

-US$40m

Jun 30 2021n/an/a

-US$39m

Mar 31 2021n/an/a

-US$35m

Dec 31 2020US$22kUS$16k

-US$6m

Sep 30 2020n/an/a

-US$4m

Jun 30 2020n/an/a

-US$4m

Mar 31 2020n/an/a

-US$3m

Dec 31 2019US$23kUS$19k

-US$3m

Compensation vs Market: Insufficient data to establish whether Bentsur's total compensation is reasonable compared to companies of similar size in the Canadian market.

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


Leadership Team

Experienced Management: AZ's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: AZ's board of directors are not considered experienced ( 2 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

TSXV:AZ Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
10 Mar 22SellCA$15,000Bentsur JosephIndividual500,000CA$0.03
17 Feb 22SellCA$1,573,496Bentsur JosephIndividual185,000CA$8.51

Ownership Breakdown

What is the ownership structure of AZ?
Owner TypeNumber of SharesOwnership Percentage
Institutions115,6650.4%
Individual Insiders9,338,16634.2%
General Public17,822,20065.3%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.


Top Shareholders

Top 17 shareholders own 34.66% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
33.43%
Bentsur Joseph
9,118,922$20.3m0%no data
0.55%
Gadi Levin
150,000$334.5k0%no data
0.17%
The Phoenix Investment and Finances Ltd.
46,000$102.6k0%no data
0.17%
The Philadelphia Trust Company
45,777$102.1k-3.51%0.01%
0.12%
Shlomo Pashker
31,901$71.1k0%no data
0.073%
Alan Rootenberg
20,000$44.6k0%no data
0.061%
Yonatan De Jongh
16,667$37.2k0%no data
0.045%
Raymond James Financial Inc., Asset Management Arm
12,193$27.2k17.58%no data
0.018%
Impact Portfolios Management Ltd
5,000$11.2k0%0.06%
0.0096%
Geode Capital Management, LLC
2,608$5.8k4.7%no data
0.0092%
Spire Wealth Management, LLC
2,500$5.6k0%no data
0.0037%
Morgan Stanley, Investment Banking and Brokerage Investments
1,000$2.2k0%no data
0.0018%
Vered Lotan
489$1.1k0%no data
0.0015%
Bank of America Corporation, Asset Management Arm
406$905.4-0.25%no data
0.00069%
Amnon Peleg
187$417.00%no data
0.00063%
RBC Dominion Securities Inc., Asset Management Arm
171$381.30%no data
0.00004%
Tower Research Capital LLC
10$22.30%no data

Company Information

A2Z Smart Technologies Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: A2Z Smart Technologies Corp.
  • Ticker: AZ
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Implied Market Cap: CA$60.826m
  • Shares outstanding: 27.28m
  • Website: https://a2zas.com

Number of Employees


Location

  • A2Z Smart Technologies Corp.
  • 1600 - 609 Granville Street
  • Vancouver
  • British Columbia
  • V7Y 1C3
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AZTSXV (TSX Venture Exchange)YesCommon SharesCACADDec 2019
A230DB (Deutsche Boerse AG)YesCommon SharesDEEURDec 2019
AZNasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDDec 2019

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
Earnings2022/06/30
Annual Earnings2021/12/31


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.