TSX:ITC

Stock Analysis Report

Intrinsyc Technologies

Executive Summary

Intrinsyc Technologies Corporation provides solutions for the development and production of mobile, embedded, and Internet of Things devices in the United States, the Asia Pacific, Europe, Canada, and internationally.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Risks

  • Intrinsyc Technologies is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Intrinsyc Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

9.2%

TSX:ITC

-0.6%

CA Software

-0.4%

CA Market


1 Year Return

-19.8%

TSX:ITC

0.2%

CA Software

-2.8%

CA Market

ITC underperformed the Software industry which returned 0.5% over the past year.

ITC underperformed the Market in Canada which returned -2.9% over the past year.


Share holder returns

ITCIndustryMarket
7 Day9.2%-0.6%-0.4%
30 Day8.3%-1.9%0.3%
90 Day-11.0%2.3%-2.4%
1 Year-19.8%-19.8%2.0%0.2%0.6%-2.8%
3 Year4.0%4.0%89.1%84.4%18.2%7.7%
5 Year36.8%36.8%170.5%161.9%16.1%0.07%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Intrinsyc Technologies undervalued based on future cash flows and its price relative to the stock market?

47%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Intrinsyc Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).

Intrinsyc Technologies's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Intrinsyc Technologies is loss making, we can't compare its value to the CA Software industry average.

Intrinsyc Technologies is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Intrinsyc Technologies, we can't assess if its growth is good value.


Price Based on Value of Assets

Intrinsyc Technologies is good value based on assets compared to the CA Software industry average.


Next Steps

Future Growth

How is Intrinsyc Technologies expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

38.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Intrinsyc Technologies's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).

Intrinsyc Technologies's earnings are expected to grow significantly at over 20% yearly.

Intrinsyc Technologies's revenue growth is expected to exceed the Canada market average.

Intrinsyc Technologies's earnings growth is expected to exceed the Canada market average.

Intrinsyc Technologies's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Intrinsyc Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Intrinsyc Technologies performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Intrinsyc Technologies does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Intrinsyc Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Intrinsyc Technologies's 1-year growth to the CA Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Intrinsyc Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Intrinsyc Technologies has efficiently used its assets last year compared to the CA Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Intrinsyc Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Intrinsyc Technologies's financial position?


Financial Position Analysis

Intrinsyc Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Intrinsyc Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Intrinsyc Technologies has no debt.

Intrinsyc Technologies has not taken on any debt in the past 5 years.

Intrinsyc Technologies has no debt, it does not need to be covered by operating cash flow.

Intrinsyc Technologies has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Intrinsyc Technologies has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Intrinsyc Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Intrinsyc Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Intrinsyc Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Intrinsyc Technologies has not reported any payouts.

Unable to verify if Intrinsyc Technologies's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Intrinsyc Technologies has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Intrinsyc Technologies's salary, the management and board of directors tenure and is there insider trading?

10.7yrs

Average management tenure


CEO

Tracy Rees (57yo)

10.7yrs

Tenure

US$434,565

Compensation

Mr. Tracy A. Rees has been the Chief Executive Officer and President of Intrinsyc Technologies Corporation (also known as Intrinsyc Software International Inc) since June 04, 2009 and as its Director since ...


CEO Compensation Analysis

Tracy's remuneration is higher than average for companies of similar size in Canada.

Tracy's compensation has increased whilst company is loss making.


Management Age and Tenure

10.7yrs

Average Tenure

The average tenure for the Intrinsyc Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.3yrs

Average Tenure

61.5yo

Average Age

The tenure for the Intrinsyc Technologies board of directors is about average.


Insider Trading

More shares have been bought than sold by Intrinsyc Technologies individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyCA$9,24031 May 19
Tracy Rees
EntityIndividual
Role
President
Member of the Board of Directors
Shares7,500
Max PriceCA$1.24
BuyCA$14,39928 May 19
George Reznik
EntityIndividual
Role
CFO & Corporate Secretary
Shares12,000
Max PriceCA$1.20
BuyCA$9,69228 May 19
Tracy Rees
EntityIndividual
Role
President
Member of the Board of Directors
Shares8,000
Max PriceCA$1.25
BuyCA$9,24627 Dec 18
Michael Bird
EntityIndividual
Role
Member of the Board of Directors
Shares6,700
Max PriceCA$1.38
SellCA$9,24627 Dec 18
Michael Bird
EntityIndividual
Role
Member of the Board of Directors
Shares6,700
Max PriceCA$1.38
BuyCA$27,99923 Nov 18
Michael Bird
EntityIndividual
Role
Member of the Board of Directors
Shares20,000
Max PriceCA$1.40
SellCA$26,52323 Nov 18
Michael Bird
EntityIndividual
Role
Member of the Board of Directors
Shares19,100
Max PriceCA$1.40
BuyCA$6,98120 Nov 18
Tracy Rees
EntityIndividual
Role
President
Member of the Board of Directors
Shares5,000
Max PriceCA$1.40
SellCA$13,76020 Aug 18
Michael Bird
EntityIndividual
Role
Member of the Board of Directors
Shares8,600
Max PriceCA$1.60

Ownership Breakdown


Management Team

  • George Reznik (52yo)

    CFO & Corporate Secretary

    • Tenure: 11.3yrs
    • Compensation: $291.86k
  • Tracy Rees (57yo)

    President

    • Tenure: 10.7yrs
    • Compensation: $434.57k
  • Andrew Hurdle

    Vice President of Business Development

  • Mark Waldenberg

    Executive Officer

    • Tenure: 0.2yrs
    • Compensation: $245.66k

Board Members

  • Skip Speaks (71yo)

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: $31.08k
  • George Duguay (66yo)

    Chairman & Lead Independent Director

    • Tenure: 6.3yrs
    • Compensation: $46.14k
  • Tracy Rees (57yo)

    President

    • Tenure: 2.1yrs
    • Compensation: $434.57k
  • Jeff MacDonald (50yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: $20.66k
  • Daniel Marks

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: $28.77k
  • Michael Bird

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: $26.45k
  • Tia Cassett

    Advisor & Director

Company Information

Intrinsyc Technologies Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Intrinsyc Technologies Corporation
  • Ticker: ITC
  • Exchange: TSX
  • Founded: 1992
  • Industry: systems software
  • Sector: software
  • Market Cap: CA$26.049m
  • Shares outstanding: 20.04m
  • Website: Click here

Number of Employees


Location

  • Intrinsyc Technologies Corporation
  • 885 Dunsmuir Street
  • 3rd Floor
  • Vancouver
  • British Columbia
  • V6C 1N5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITCTSX (The Toronto Stock Exchange)YesCommon SharesCACADJan 1996
IN6ADB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1996
ISYR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 1996
IN6ADB (Deutsche Boerse AG)COM NPVDEEURInvalid date

Biography

Intrinsyc Technologies Corporation provides solutions for the development and production of mobile, embedded, and Internet of Things devices in the United States, the Asia Pacific, Europe, Canada, and inte ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/17 23:42
End of Day Share Price2019/07/17 00:00
Earnings2019/03/31
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.