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Zedcor Inc.TSXV:ZDC Stock Report

Market Cap CA$682.2m
Share Price
CA$6.46
CA$7.91
18.4% undervalued intrinsic discount
1Y100.6%
7D7.7%
Portfolio Value
View

Zedcor Inc.

TSXV:ZDC Stock Report

Market Cap: CA$682.2m

ZDC Community Fair Values

Create Narrative

See what 32 others think this stock is worth. Follow their fair value or set your own to get alerts.

Zedcor Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zedcor
Historical stock prices
Current Share PriceCA$6.46
52 Week HighCA$7.00
52 Week LowCA$3.16
Beta0.93
1 Month Change8.39%
3 Month Change3.86%
1 Year Change100.62%
3 Year Change976.67%
5 Year Change2,207.14%
Change since IPO1,745.71%

Recent News & Updates

Analysis Article Apr 16

We Don’t Think Zedcor's (CVE:ZDC) Earnings Should Make Shareholders Too Comfortable

Zedcor Inc.'s ( CVE:ZDC ) stock performed strongly after the recent earnings report. Despite this, we feel that there...
Narrative Update Mar 02

ZDC: Share Momentum Will Likely Continue As Discount Assumptions Tighten

Analysts have trimmed their price target on Zedcor to CA$7.91 from CA$7.76. They point to updated assumptions around discount rates, revenue growth and profit margins as the key drivers of the change.

Recent updates

Analysis Article Apr 16

We Don’t Think Zedcor's (CVE:ZDC) Earnings Should Make Shareholders Too Comfortable

Zedcor Inc.'s ( CVE:ZDC ) stock performed strongly after the recent earnings report. Despite this, we feel that there...
Narrative Update Mar 02

ZDC: Share Momentum Will Likely Continue As Discount Assumptions Tighten

Analysts have trimmed their price target on Zedcor to CA$7.91 from CA$7.76. They point to updated assumptions around discount rates, revenue growth and profit margins as the key drivers of the change.
Narrative Update Feb 16

ZDC: Higher Margin Outlook And Equity Raise Will Support Future Upside

Analysts have trimmed their price target on Zedcor to CA$9.00, reflecting updated views on revenue growth assumptions, profit margins, and the appropriate discount rate. Analyst Commentary Bullish analysts are framing the revised CA$9.00 price target as a reset that still leaves room for potential upside if Zedcor executes on its plans.
Analysis Article Feb 07

After Leaping 29% Zedcor Inc. (CVE:ZDC) Shares Are Not Flying Under The Radar

Zedcor Inc. ( CVE:ZDC ) shareholders are no doubt pleased to see that the share price has bounced 29% in the last...
Narrative Update Feb 02

ZDC: Higher Price Range Expectations Will Support Upside As Profitability Assumptions Tighten

Analysts have adjusted their price target range for Zedcor to C$7.25 to C$8, reflecting updated assumptions around discount rate, revenue growth, profit margin, and future P/E in their models. Analyst Commentary Bullish analysts recently adjusted their models for Zedcor, updating price targets in a way that aligns with the revised C$7.25 to C$8 range.
Narrative Update Jan 19

ZDC: Higher Revenue Expectations Will Support Upside As Profitability Assumptions Tighten

Analysts have nudged their price target on Zedcor higher to reflect updated expectations for revenue growth and profitability, guided in part by recent Street research that raised targets to C$7.25 and C$8.00. This supports a modest upward adjustment in the valuation framework.
Narrative Update Jan 05

ZDC: Share Momentum Will Likely Continue As Earnings Profile Strengthens

Analysts have lifted their price target range on Zedcor to about C$7.25 to C$8, a move of roughly C$0.25 to C$0.75 at the high end. They cited a slightly higher fair value estimate, a marginally lower discount rate, steady revenue growth expectations, a modestly stronger profit margin outlook, and an updated future P/E assumption.
Narrative Update Dec 21

ZDC Raised Fair Value Suggests Stronger Revenue Pipeline Will Drive Upside

The analyst fair value target for Zedcor has been raised from approximately C$7.00 to C$9.00. This reflects analysts' increased confidence, driven by a series of upward price target revisions and stronger projected revenue growth, despite some compression in expected profit margins and a higher future P E multiple.
Narrative Update Dec 07

ZDC: Share Momentum Will Likely Continue As Revenue Outlook Strengthens

Analysts have lifted their price target on Zedcor to a range of about C$7.25 to C$8, reflecting growing conviction in the company’s revenue growth outlook, resilient margins, and slightly higher justified valuation multiples. Analyst Commentary Bullish analysts view the recent series of price target increases as confirmation that Zedcor is executing well against its growth strategy, with rising confidence that current momentum can be sustained over the medium term.
Narrative Update Nov 23

ZDC: Share Momentum Will Likely Continue Amid Recent Upward Price Revisions

The analyst consensus price target for Zedcor has increased significantly from C$5.60 to C$7.64. Analysts cite an improved outlook and favorable recent research from multiple major firms.
Analysis Article Oct 04

Market Participants Recognise Zedcor Inc.'s (CVE:ZDC) Revenues Pushing Shares 32% Higher

Zedcor Inc. ( CVE:ZDC ) shares have continued their recent momentum with a 32% gain in the last month alone. The last...
New Narrative Aug 24

US Expansion And AI Monitoring Will Broaden Remote Security Footprint

Key Takeaways Expansion into the U.S. and operational efficiencies position Zedcor to capture market share and drive recurring, high-margin revenue growth. Differentiated AI-enabled solutions and compliance advances will broaden the customer base and support sustained improvement in profitability and earnings stability.
Analysis Article May 28

Does Zedcor (CVE:ZDC) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 23

Zedcor's (CVE:ZDC) Shareholders Have More To Worry About Than Lackluster Earnings

Zedcor Inc.'s ( CVE:ZDC ) weak earnings were disregarded by the market. Despite the market responding positively, we...
Analysis Article Mar 04

Investors Still Waiting For A Pull Back In Zedcor Inc. (CVE:ZDC)

When you see that almost half of the companies in the Trade Distributors industry in Canada have price-to-sales ratios...
Analysis Article Nov 20

Why Investors Shouldn't Be Surprised By Zedcor Inc.'s (CVE:ZDC) 27% Share Price Surge

Zedcor Inc. ( CVE:ZDC ) shares have continued their recent momentum with a 27% gain in the last month alone. This...
Analysis Article Nov 02

Zedcor (CVE:ZDC) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 25

Revenues Tell The Story For Zedcor Inc. (CVE:ZDC) As Its Stock Soars 28%

Despite an already strong run, Zedcor Inc. ( CVE:ZDC ) shares have been powering on, with a gain of 28% in the last...
Analysis Article Aug 07

Zedcor Inc. (CVE:ZDC) Looks Just Right With A 27% Price Jump

Zedcor Inc. ( CVE:ZDC ) shares have had a really impressive month, gaining 27% after a shaky period beforehand. The...
Analysis Article Apr 20

Zedcor Inc.'s (CVE:ZDC) Shares Climb 30% But Its Business Is Yet to Catch Up

Despite an already strong run, Zedcor Inc. ( CVE:ZDC ) shares have been powering on, with a gain of 30% in the last...
Analysis Article Apr 19

Shaky Earnings May Not Tell The Whole Story For Zedcor (CVE:ZDC)

Zedcor Inc.'s ( CVE:ZDC ) weak earnings were disregarded by the market. While shares were up, we believe there are some...
Analysis Article Feb 13

Zedcor Inc.'s (CVE:ZDC) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 5.8x Zedcor Inc. ( CVE:ZDC ) may be sending very bullish signals at the...
Analysis Article Jan 18

These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 15

Why Investors Shouldn't Be Surprised By Zedcor Inc.'s (CVE:ZDC) P/S

Zedcor Inc.'s ( CVE:ZDC ) price-to-sales (or "P/S") ratio of 2x may not look like an appealing investment opportunity...
Analysis Article Nov 22

Shareholders Shouldn’t Be Too Comfortable With Zedcor's (CVE:ZDC) Strong Earnings

Zedcor Inc.'s ( CVE:ZDC ) stock rose after it released a robust earnings report. However, we think that shareholders...
Analysis Article Aug 18

We Think Zedcor (CVE:ZDC) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 04

A Look At The Fair Value Of Zedcor Inc. (CVE:ZDC)

Today we will run through one way of estimating the intrinsic value of Zedcor Inc. ( CVE:ZDC ) by taking the forecast...

Shareholder Returns

ZDCCA Trade DistributorsCA Market
7D7.7%-4.5%-0.2%
1Y100.6%70.1%32.6%

Return vs Industry: ZDC exceeded the Canadian Trade Distributors industry which returned 70.1% over the past year.

Return vs Market: ZDC exceeded the Canadian Market which returned 31.1% over the past year.

Price Volatility

Is ZDC's price volatile compared to industry and market?
ZDC volatility
ZDC Average Weekly Movement7.8%
Trade Distributors Industry Average Movement4.1%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.9%

Stable Share Price: ZDC has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ZDC's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011240Todd Ziniukzedcor.com

Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. It engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed site security camera installations; and security guard and personnel services. The company serves customers in the commercial, industrial, and residential construction; energy; retail; pipeline construction; utilities; and infrastructure construction sectors.

Zedcor Inc. Fundamentals Summary

How do Zedcor's earnings and revenue compare to its market cap?
ZDC fundamental statistics
Market capCA$682.21m
Earnings (TTM)CA$2.72m
Revenue (TTM)CA$58.91m
263.7x
P/E Ratio
12.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZDC income statement (TTM)
RevenueCA$58.91m
Cost of RevenueCA$21.81m
Gross ProfitCA$37.10m
Other ExpensesCA$34.38m
EarningsCA$2.72m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin62.97%
Net Profit Margin4.61%
Debt/Equity Ratio66.6%

How did ZDC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 12:43
End of Day Share Price 2026/05/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zedcor Inc. is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle McPheeATB Cormark
Kyle McPheeATB Cormark Historical (Cormark Securities)
Douglas TaylorCanaccord Genuity