Think Research Corp., an investment holding company, gathers, develops, and delivers knowledge-based Software-as-a-Service solutions for the health care industry in Canada, the United States, and internationally. More Details
Fair value with limited growth.
Share Price & News
How has Think Research's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: THNK is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: Insufficient data to determine THNK's volatility change over the past year.
7 Day Return
CA Healthcare Services
1 Year Return
CA Healthcare Services
Return vs Industry: Insufficient data to determine how THNK performed against the Canadian Healthcare Services industry.
Return vs Market: Insufficient data to determine how THNK performed against the Canadian Market.
Long-Term Price Volatility Vs. Market
How volatile is Think Research's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Think Research undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: THNK (CA$3.75) is trading below our estimate of fair value (CA$9.3)
Significantly Below Fair Value: THNK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: THNK is unprofitable, so we can't compare its PE Ratio to the North American Healthcare Services industry average.
PE vs Market: THNK 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 THNK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: THNK is good value based on its PB Ratio (4.1x) compared to the CA Healthcare Services industry average (7.7x).
How is Think Research forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THNK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: THNK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: THNK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: THNK's revenue (21.3% per year) is forecast to grow faster than the Canadian market (6.3% per year).
High Growth Revenue: THNK's revenue (21.3% 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 THNK's Return on Equity is forecast to be high in 3 years time
How has Think Research performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: THNK is currently unprofitable.
Growing Profit Margin: THNK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if THNK's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare THNK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: THNK is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare Services industry (18.1%).
Return on Equity
High ROE: THNK has a negative Return on Equity (-150.39%), as it is currently unprofitable.
How is Think Research's financial position?
Financial Position Analysis
Short Term Liabilities: THNK's short term assets (CA$18.7M) do not cover its short term liabilities (CA$30.0M).
Long Term Liabilities: THNK's short term assets (CA$18.7M) exceed its long term liabilities (CA$6.7M).
Debt to Equity History and Analysis
Debt Level: THNK's debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if THNK's debt to equity ratio has reduced over the past 5 years.
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: THNK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: THNK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21% each year
What is Think Research current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate THNK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate THNK'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 THNK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if THNK'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 THNK's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Sachin Aggarwal has been Chief Executive Officer at Think Research Corporation since 2014 and serves as its Director since September 2010. He served as Chief Operating Officer at Think Research Corpora...
Experienced Management: THNK's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: THNK's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: THNK only recently listed within the past 12 months.
Think Research Corporation's company bio, employee growth, exchange listings and data sources
- Name: Think Research Corporation
- Ticker: THNK
- Exchange: TSXV
- Founded: 2014
- Industry: Health Care Technology
- Sector: Healthcare
- Market Cap: CA$159.960m
- Shares outstanding: 42.66m
- Website: https://www.thinkresearch.com/ca/
Number of Employees
- Think Research Corporation
- 351 King Street East
- Suite 500
- M5A 0L6
Think Research Corp., an investment holding company, gathers, develops, and delivers knowledge-based Software-as-a-Service solutions for the health care industry in Canada, the United States, and internati...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/16 00:16|
|End of Day Share Price||2021/05/14 00:00|
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.