TSXV:KSI

Stock Analysis Report

Executive Summary

kneat.com, inc. designs, develops, and supplies software for data and document management within regulated environments in the United States, the United Kingdom, Romania, Ireland, and Canada.


Snowflake Analysis

Flawless balance sheet with limited growth.

Share Price & News

How has kneat.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-11.5%

KSI

-8.2%

CA Healthcare Services

-4.8%

CA Market


1 Year Return

100.0%

KSI

-5.0%

CA Healthcare Services

0.1%

CA Market

Return vs Industry: KSI exceeded the Canadian Healthcare Services industry which returned -11.4% over the past year.

Return vs Market: KSI exceeded the Canadian Market which returned 0.5% over the past year.


Shareholder returns

KSIIndustryMarket
7 Day-11.5%-8.2%-4.8%
30 Day-15.8%-12.9%-3.2%
90 Day12.7%7.7%-1.0%
1 Year100.0%100.0%-5.0%-5.0%3.3%0.1%
3 Year289.8%289.8%6.5%6.5%12.9%2.7%
5 Yearn/a50.9%49.7%29.2%10.3%

Price Volatility Vs. Market

How volatile is kneat.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is kneat.com undervalued compared to its fair value and its price relative to the market?

11.48x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KSI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KSI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KSI is unprofitable, so we can't compare its PE Ratio to the Healthcare Services industry average.

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


Price to Book Ratio

PB vs Industry: KSI is overvalued based on its PB Ratio (10.8x) compared to the CA Healthcare Services industry average (2.2x).


Next Steps

Future Growth

How is kneat.com forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

81.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: KSI's revenue (56.9% per year) is forecast to grow faster than the Canadian market (4.7% per year).

High Growth Revenue: KSI's revenue (56.9% 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 KSI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has kneat.com performed over the past 5 years?

-15.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KSI is currently unprofitable.

Growing Profit Margin: KSI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KSI is unprofitable, and losses have increased over the past 5 years at a rate of -15.3% per year.

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

Earnings vs Industry: KSI is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (20.1%).


Return on Equity

High ROE: KSI has a negative Return on Equity (-47.41%), as it is currently unprofitable.


Next Steps

Financial Health

How is kneat.com's financial position?


Financial Position Analysis

Short Term Liabilities: KSI's short term assets (CA$8.2M) exceed its short term liabilities (CA$2.3M).

Long Term Liabilities: KSI's short term assets (CA$8.2M) exceed its long term liabilities (CA$1.5M).


Debt to Equity History and Analysis

Debt Level: KSI's debt to equity ratio (7.2%) is considered satisfactory.

Reducing Debt: KSI's debt to equity ratio has reduced from 195.4% to 7.2% over the past 5 years.


Balance Sheet

Inventory Level: KSI has a low level of unsold assets or inventory.

Debt Coverage by Assets: KSI's debt is covered by short term assets (assets are 9.5x debt).


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: KSI has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KSI has sufficient cash runway for 2.3 years if free cash flow continues to grow at historical rates of 7.8% each year.


Next Steps

Dividend

What is kneat.com's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate KSI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KSI's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

3.7yrs

Average board tenure


CEO

Eddie Ryan (55yo)

CA$186,439

Compensation

Mr. Edmund Ryan, also known as Eddie, serves as the Chief Executive Officer, President and Sales Director of Kneat.com, Inc. and has been its Executive Director since June 27, 2017. Mr. Ryan has experience ...


CEO Compensation Analysis

Compensation vs Market: Eddie's total compensation ($USD140.30K) is about average for companies of similar size in the Canadian market ($USD155.12K).

Compensation vs Earnings: Eddie's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Edmund Ryan
Co-Founder0yrsCA$186.44k22.45% CA$29.4m
Kevin Fitzgerald
Co-Founder3.7yrsCA$162.12kno data
Ian Ainsworth
Chairman0yrsCA$38.24k2.41% CA$3.1m
Wade Dawe
Director6.1yrsCA$38.24k4.46% CA$5.8m
Rory Cameron
Non Executive Independent Director0.8yrsno datano data
Paul Breen
Independent Director3.7yrsCA$38.24k0.51% CA$673.2k

3.7yrs

Average Tenure

55yo

Average Age

Experienced Board: KSI's board of directors are considered experienced (3.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.2%.


Top Shareholders

Company Information

kneat.com, inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: kneat.com, inc.
  • Ticker: KSI
  • Exchange: TSXV
  • Founded:
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: CA$130.847m
  • Shares outstanding: 60.30m
  • Website: https://www.kneat.com

Number of Employees


Location

  • kneat.com, inc.
  • Castletroy Park Business Centre
  • Unit 7
  • Limerick
  • Co. Limerick
  • V94 KW28
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KSITSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2016
FBAY.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2016
FOBKDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2016

Biography

kneat.com, inc. designs, develops, and supplies software for data and document management within regulated environments in the United States, the United Kingdom, Romania, Ireland, and Canada. The company offers Kneat Gx platform, a configurable commercial off-the-shelf application focused on validation lifecycle management and testing for modelling regulated data intensive processes for biotechnology, pharmaceutical, and medical device manufacturing industries. It also provides maintenance, consulting, training, and other services. The company is headquartered in Limerick, Ireland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/27 01:22
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.