TSXV:IPD

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International Parkside Products

Executive Summary

International Parkside Products Inc. produces and markets optical, screen cleaning, and eyeglass cleaning products in North America, Europe, Japan and rest of Asia, Russia, Australia, New Zealand, and internationally.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has International Parkside Products's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IPD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

33.3%

IPD

2.0%

CA Consumer Durables

1.4%

CA Market


1 Year Return

-23.8%

IPD

5.4%

CA Consumer Durables

-11.3%

CA Market

Return vs Industry: IPD underperformed the Canadian Consumer Durables industry which returned 5.4% over the past year.

Return vs Market: IPD underperformed the Canadian Market which returned -11.3% over the past year.


Shareholder returns

IPDIndustryMarket
7 Day33.3%2.0%1.4%
30 Day33.3%18.1%4.2%
90 Dayn/a-9.6%-9.4%
1 Year-23.8%-23.8%6.6%5.4%-8.3%-11.3%
3 Year-52.1%-55.6%-5.5%-9.8%0.04%-9.2%
5 Year18.5%0%7.7%1.1%16.7%-0.01%

Price Volatility Vs. Market

How volatile is International Parkside Products's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is International Parkside Products undervalued compared to its fair value and its price relative to the market?

1.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: IPD (CA$0.08) is trading above our estimate of fair value (CA$0.03)

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


Price To Earnings Ratio

PE vs Industry: IPD is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: IPD 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 IPD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IPD is overvalued based on its PB Ratio (1.3x) compared to the XN Consumer Durables industry average (1.3x).


Next Steps

Future Growth

How is International Parkside Products forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.3%

Forecasted Consumer Durables 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 International Parkside Products 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.


Next Steps

Past Performance

How has International Parkside Products performed over the past 5 years?

-14.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IPD is currently unprofitable.

Growing Profit Margin: IPD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IPD is unprofitable, and losses have increased over the past 5 years at a rate of -14.7% per year.

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

Earnings vs Industry: IPD is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (9.9%).


Return on Equity

High ROE: IPD has a negative Return on Equity (-2.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is International Parkside Products's financial position?


Financial Position Analysis

Short Term Liabilities: IPD's short term assets (CA$1.7M) exceed its short term liabilities (CA$1.1M).

Long Term Liabilities: IPD's short term assets (CA$1.7M) exceed its long term liabilities (CA$118.5K).


Debt to Equity History and Analysis

Debt Level: IPD's debt to equity ratio (33.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if IPD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IPD's debt is well covered by operating cash flow (71.5%).

Interest Coverage: Insufficient data to determine if IPD's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is International Parkside Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: IPD is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IPD'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?

10.5yrs

Average board tenure


CEO

Murray Keating

12.42yrs

Tenure

CA$165,119

Compensation

Mr. Murray Keating has been the Chief Executive Officer and President of International Parkside Products Inc. since January 11, 2008 and has been Consultant since 1991. Since 1984, Mr. Keating has been a c ...


CEO Compensation Analysis

Compensation vs Market: Murray's total compensation ($USD121.18K) is about average for companies of similar size in the Canadian market ($USD164.79K).

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


Board Members

NamePositionTenureCompensationOwnership
Murray Keating
CEO, President & Director12.42yrsCA$165.12k21.61% CA$285.3k
Peter Henricsson
Independent Director8.08yrsCA$4.00k14.2% CA$187.6k
Arka Chorbajian
Independent Director18.42yrsCA$4.00k9.26% CA$122.3k
Ryan Keating
Director8.58yrsCA$130.72k6.59% CA$87.0k

10.5yrs

Average Tenure

Experienced Board: IPD's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: IPD 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

International Parkside Products Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Parkside Products Inc.
  • Ticker: IPD
  • Exchange: TSXV
  • Founded: 1983
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: CA$1.321m
  • Shares outstanding: 16.51m
  • Website: https://www.lenspen.com

Location

  • International Parkside Products Inc.
  • 210 – 13480 Crestwood Place
  • Richmond
  • British Columbia
  • V6V 2K1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPDTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1989
IPKS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1989

Biography

International Parkside Products Inc. produces and markets optical, screen cleaning, and eyeglass cleaning products in North America, Europe, Japan and rest of Asia, Russia, Australia, New Zealand, and internationally. The company offers lens and filter cleaning products, computer/smartphone cleaning products, DSLR sensor cleaning products, cleaning kits, and glass cleaning products. Its optical lens cleaning devices include LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company was incorporated in 1983 and is headquartered in Richmond, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 12:01
End of Day Share Price2020/05/29 00:00
Earnings2020/01/31
Annual Earnings2019/07/31


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.