TSXV:ARD

Stock Analysis Report

Executive Summary

Armada Data Corporation, an information services company, engages in the accumulation and sale of data related to the purchase of new and used vehicles in Canada.


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Armada Data's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ARD

16.0%

CA Interactive Media and Services

4.5%

CA Market


1 Year Return

-13.3%

ARD

-40.7%

CA Interactive Media and Services

-24.5%

CA Market

Return vs Industry: ARD exceeded the Canadian Interactive Media and Services industry which returned -40.7% over the past year.

Return vs Market: ARD exceeded the Canadian Market which returned -24.5% over the past year.


Shareholder returns

ARDIndustryMarket
7 Day0%16.0%4.5%
30 Day-18.8%-16.3%-20.1%
90 Dayn/a-27.9%-24.9%
1 Year-13.3%-13.3%-40.1%-40.7%-22.0%-24.5%
3 Year-61.8%-61.8%-80.7%-81.4%-14.2%-22.2%
5 Year62.5%62.5%-67.7%-70.9%-1.9%-16.5%

Price Volatility Vs. Market

How volatile is Armada Data's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Armada Data undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ARD (CA$0.07) is trading below our estimate of fair value (CA$0.58)

Significantly Below Fair Value: ARD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ARD is good value based on its PE Ratio (14.2x) compared to the Interactive Media and Services industry average (23.1x).

PE vs Market: ARD is poor value based on its PE Ratio (14.2x) compared to the Canadian market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ARD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ARD is good value based on its PB Ratio (0.9x) compared to the CA Interactive Media and Services industry average (2.4x).


Next Steps

Future Growth

How is Armada Data forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

79.1%

Forecasted Media 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 Armada Data 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 Armada Data performed over the past 5 years?

40.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARD has high quality earnings.

Growing Profit Margin: ARD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ARD has become profitable over the past 5 years, growing earnings by 40.2% per year.

Accelerating Growth: ARD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ARD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (5.5%).


Return on Equity

High ROE: ARD's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

How is Armada Data's financial position?


Financial Position Analysis

Short Term Liabilities: ARD's short term assets (CA$1.2M) exceed its short term liabilities (CA$477.5K).

Long Term Liabilities: ARD's short term assets (CA$1.2M) exceed its long term liabilities (CA$143.3K).


Debt to Equity History and Analysis

Debt Level: ARD is debt free.

Reducing Debt: ARD has no debt compared to 5 years ago when its debt to equity ratio was 41.8%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if ARD's debt is covered by short term assets.


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: ARD is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: ARD is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Armada Data's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

19.4yrs

Average management tenure


CEO

R. Matthews

19.42s

Tenure

CA$109,200

Compensation

Mr. R. James Matthews, Bcomm has been the President , Chief Executive Officer and Secretary of Armada Data Corp. since October 2000 and served as its Treasurer. Mr. Matthews has been an Owner/Manager of Le ...


CEO Compensation Analysis

Compensation vs Market: R.'s total compensation ($USD77.23K) is below average for companies of similar size in the Canadian market ($USD159.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
R. Matthews
CEO, President19.42yrsCA$109.20k20.13% CA$231.2k
Elizabeth Matthews
Chief Financial Officer7.25yrsCA$96.00kno data
Eli Oszlak
CTO, VP & Director19.42yrsCA$109.20k10.56% CA$121.3k

19.4yrs

Average Tenure

Experienced Management: ARD's management team is seasoned and experienced (19.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
R. Matthews
CEO, President19.42yrsCA$109.20k20.13% CA$231.2k
Eli Oszlak
CTO, VP & Director19.42yrsCA$109.20k10.56% CA$121.3k
Robert Montemarano
Independent Director 17.25yrsno data0.41% CA$4.7k
Gregory Harris
Director 17.83yrsCA$19.15kno data
Fred Marotta
Independent Director10.83yrsno datano data
Glenn Hrabovsky
Independent Director 7yrsno data0.85% CA$9.8k

17.5yrs

Average Tenure

Experienced Board: ARD's board of directors are seasoned and experienced ( 17.5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Armada Data Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Armada Data Corporation
  • Ticker: ARD
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: CA$1.149m
  • Shares outstanding: 17.67m
  • Website: https://www.armadadata.com

Location

  • Armada Data Corporation
  • 5080 Timberlea Boulevard
  • Suite 215
  • Mississauga
  • Ontario
  • L4W 4M2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARDTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2000

Biography

Armada Data Corporation, an information services company, engages in the accumulation and sale of data related to the purchase of new and used vehicles in Canada. The company offers accurate and real time data to institutional and retail customers, through developing, owning, and operating automotive pricing related Websites and providing information technology (IT) and marketing services to its clients. It operates through three segments: Insurance Services, CarCostCanada, and IT Services. The Insurance Services segment sells total loss replacement vehicle reports to Canadian insurance companies. The CarCostCanada segment sells new car pricing data to consumers primarily through its Website CarCostCanada.com, as well as resells new car pricing data to qualified third party vendors. This segment also engages in the sale of new vehicle leads derived from membership sales from Car-Cost-Canada; sale of online third party Website advertising; and consulting, and other new car or car business related marketing activities. The IT Services segment offers Web and email hosting, technical support, and network support services; and resells hardware and software solutions. The company was founded in 1999 and is headquartered in Mississauga, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 01:01
End of Day Share Price2020/03/26 00:00
Earnings2019/11/30
Annual Earnings2019/05/31


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.