Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 0/6 |
Financial Health | 2/6 |
Dividends | 0/6 |
TAAL Stock Overview
TAAL Distributed Information Technologies Inc.
Taal Distributed Information Technologies Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | CA$1.42 |
52 Week High | CA$5.18 |
52 Week Low | CA$1.15 |
Beta | -0.13 |
1 Month Change | -18.86% |
3 Month Change | -44.53% |
1 Year Change | -65.20% |
3 Year Change | -61.10% |
5 Year Change | 184.00% |
Change since IPO | 42.00% |
Recent News & Updates
Shareholder Returns
TAAL | CA IT | CA Market | |
---|---|---|---|
7D | 9.2% | 3.6% | 0.1% |
1Y | -65.2% | -25.0% | -2.6% |
Return vs Industry: TAAL underperformed the Canadian IT industry which returned -23.9% over the past year.
Return vs Market: TAAL underperformed the Canadian Market which returned -4% over the past year.
Price Volatility
TAAL volatility | |
---|---|
TAAL Average Weekly Movement | 16.0% |
IT Industry Average Movement | 14.0% |
Market Average Movement | 10.0% |
10% most volatile stocks in CA Market | 17.3% |
10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: TAAL is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: TAAL's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | 29 | Richard Baker | https://www.taal.com |
TAAL Distributed Information Technologies Inc. owns and manages professional-grade blockchain infrastructure based on SHA-256 Bitcoin protocol. Its blockchain infrastructure provides value-added services to support and enable businesses to build customized blockchain-based solutions and applications for enterprise clients. The company also provides transaction processing and digital asset tokenization services.
Taal Distributed Information Technologies Fundamentals Summary
TAAL fundamental statistics | |
---|---|
Market Cap | CA$54.35m |
Earnings (TTM) | -CA$19.92m |
Revenue (TTM) | CA$42.41m |
1.3x
P/S Ratio-2.7x
P/E RatioIs TAAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
TAAL income statement (TTM) | |
---|---|
Revenue | CA$42.41m |
Cost of Revenue | CA$17.12m |
Gross Profit | CA$25.29m |
Other Expenses | CA$45.21m |
Earnings | -CA$19.92m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -0.52 |
Gross Margin | 59.63% |
Net Profit Margin | -46.96% |
Debt/Equity Ratio | 27.1% |
How did TAAL perform over the long term?
See historical performance and comparisonValuation
Is TAAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TAAL?
Other financial metrics that can be useful for relative valuation.
What is TAAL's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | CA$54.35m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.6x |
Enterprise Value/EBITDA | -7.8x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TAAL's PS Ratio compare to its peers?
TAAL PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 57.2x | ||
BNXA Banxa Holdings | 0.8x | 15.2% | CA$56.0m |
REVO RevoluGROUP Canada | 225.8x | n/a | CA$39.7m |
VQS VIQ Solutions | 1.3x | 23.9% | CA$57.1m |
GIVX Givex Information Technology Group | 1x | 10.3% | CA$56.7m |
TAAL Taal Distributed Information Technologies | 1.3x | n/a | CA$54.4m |
Price-To-Sales vs Peers: TAAL is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (57.2x).
Price to Earnings Ratio vs Industry
How does TAAL's PE Ratio compare vs other companies in the CA IT Industry?
Price-To-Sales vs Industry: TAAL is expensive based on its Price-To-Sales Ratio (1.3x) compared to the Canadian IT industry average (1.2x)
Price to Sales Ratio vs Fair Ratio
What is TAAL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 1.3x |
Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate TAAL's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TAAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate TAAL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate TAAL's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TAAL's PEG Ratio to determine if it is good value.
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Future Growth
How is Taal Distributed Information Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
19.4%
Forecasted Software 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 Taal Distributed Information Technologies 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.
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- Take a look at our analysis of TAAL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Taal Distributed Information Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Taal Distributed Information Technologies performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-41.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAAL is currently unprofitable.
Growing Profit Margin: TAAL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TAAL is unprofitable, and losses have increased over the past 5 years at a rate of 41.3% per year.
Accelerating Growth: Unable to compare TAAL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TAAL is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21%).
Return on Equity
High ROE: TAAL has a negative Return on Equity (-43.25%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Taal Distributed Information Technologies's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TAAL's short term assets (CA$6.4M) exceed its short term liabilities (CA$2.4M).
Long Term Liabilities: TAAL's short term assets (CA$6.4M) do not cover its long term liabilities (CA$13.8M).
Debt to Equity History and Analysis
Debt Level: TAAL's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TAAL's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: TAAL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TAAL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.2% each year
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Dividend
What is Taal Distributed Information Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TAAL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TAAL'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 TAAL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TAAL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TAAL has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Richard Baker
0.42
Tenure
CA$421,322
Compensation
Mr. Richard Baker is Chief Executive Officer and Director of Taal Distributed Information Technologies Inc. since January 1, 2022 and served as its Independent Director since December 10, 2020 until Januar...
Leadership Team
Experienced Management: TAAL's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: TAAL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.7%.
Top Shareholders
Company Information
Taal Distributed Information Technologies Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Taal Distributed Information Technologies Inc.
- Ticker: TAAL
- Exchange: CNSX
- Founded: 2011
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: CA$54.352m
- Shares outstanding: 38.28m
- Website: https://www.taal.com
Number of Employees
Location
- Taal Distributed Information Technologies Inc.
- 181 Bay Street
- Suite 4260
- Toronto
- Ontario
- M5J 2V1
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/27 00:00 |
End of Day Share Price | 2022/06/27 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.