Executive Summary
Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Kinaxis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KXS is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KXS's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-6.5%
KXS
2.2%
CA Software
-0.3%
CA Market
1 Year Return
55.2%
KXS
42.8%
CA Software
2.6%
CA Market
Return vs Industry: KXS exceeded the Canadian Software industry which returned 40.1% over the past year.
Return vs Market: KXS exceeded the Canadian Market which returned 2.2% over the past year.
Shareholder returns
| KXS | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.5% | 2.2% | -0.3% |
| 30 Day | -3.1% | 6.3% | 3.7% |
| 90 Day | -20.9% | 20.2% | 12.4% |
| 1 Year | 55.2%55.2% | 43.4%42.8% | 6.3%2.6% |
| 3 Year | 110.4%110.4% | 67.0%63.4% | 14.7%3.7% |
| 5 Year | 281.1%281.1% | 162.6%153.7% | 72.4%45.9% |
Long-Term Price Volatility Vs. Market
How volatile is Kinaxis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Kinaxis (TSE:KXS) Share Price Is Up 279% And Shareholders Are Boasting About It3 weeks ago | Simply Wall St
Are Insiders Selling Kinaxis Inc. (TSE:KXS) Stock?1 month ago | Simply Wall St
What Can We Conclude About Kinaxis' (TSE:KXS) CEO Pay?Valuation
Is Kinaxis undervalued compared to its fair value and its price relative to the market?
150.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KXS (CA$165.8) is trading above our estimate of fair value (CA$81.37)
Significantly Below Fair Value: KXS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KXS is poor value based on its PE Ratio (150.4x) compared to the CA Software industry average (55.3x).
PE vs Market: KXS is poor value based on its PE Ratio (150.4x) compared to the Canadian market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: KXS is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: KXS is overvalued based on its PB Ratio (12.8x) compared to the CA Software industry average (7.7x).
Next Steps
Future Growth
How is Kinaxis forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
39.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KXS's forecast earnings growth (39.2% per year) is above the savings rate (1.5%).
Earnings vs Market: KXS's earnings (39.2% per year) are forecast to grow faster than the Canadian market (25.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KXS's revenue (19.5% per year) is forecast to grow faster than the Canadian market (7.6% per year).
High Growth Revenue: KXS's revenue (19.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KXS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Kinaxis performed over the past 5 years?
15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KXS has high quality earnings.
Growing Profit Margin: KXS's current net profit margins (10.3%) are lower than last year (10.6%).
Past Earnings Growth Analysis
Earnings Trend: KXS's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: KXS's earnings growth over the past year (25.3%) exceeds its 5-year average (15.3% per year).
Earnings vs Industry: KXS earnings growth over the past year (25.3%) underperformed the Software industry 31.8%.
Return on Equity
High ROE: KXS's Return on Equity (8.4%) is considered low.
Next Steps
Financial Health
How is Kinaxis's financial position?
Financial Position Analysis
Short Term Liabilities: KXS's short term assets ($264.2M) exceed its short term liabilities ($93.1M).
Long Term Liabilities: KXS's short term assets ($264.2M) exceed its long term liabilities ($16.1M).
Debt to Equity History and Analysis
Debt Level: KXS is debt free.
Reducing Debt: KXS had no debt 5 years ago.
Debt Coverage: KXS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KXS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Kinaxis's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KXS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KXS'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 KXS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KXS'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 KXS'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?
4.1yrs
Average management tenure
CEO
John Sicard (57 yo)
5yrs
Tenure
US$2,976,807
Compensation
Mr. John Ernest Sicard has been the Chief Executive Officer and President of Kinaxis Inc. since January 1, 2016. Mr. Sicard joined Kinaxis in 1994. He served as the Chief Products Officer of Kinaxis Inc. u...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.98M) is about average for companies of similar size in the Canadian market ($USD3.01M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5yrs | US$2.98m | 0.83% $ 38.4m | |
| CFO & VP of Corporate Services | 15.25yrs | US$2.21m | 0.097% $ 4.5m | |
| Chief Marketing Officer | 2.83yrs | US$1.45m | 0.00010% $ 4.6k | |
| Chief Commercial Officer | 3.25yrs | US$1.77m | 0.0074% $ 343.5k | |
| Chief Strategy Officer | 2yrs | US$2.47m | 0.0047% $ 217.4k | |
| Co-Founder | 37yrs | no data | no data | |
| Vice President Investor Relations | no data | no data | no data | |
| Chief Legal Officer & Corporate Secretary | no data | no data | no data | |
| Chief Human Resources Officer | 6yrs | no data | 0.0041% $ 188.4k | |
| Executive Vice President of Professional Services | 5yrs | US$827.59k | no data | |
| Chief Customer Success Officer | 1.83yrs | no data | no data | |
| Chief Product Officer | 2.25yrs | US$1.83m | no data |
4.1yrs
Average Tenure
Experienced Management: KXS's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5yrs | US$2.98m | 0.83% $ 38.4m | |
| Member of Strategic Advisory Council | no data | no data | no data | |
| Independent Chairman of the Board | 2.58yrs | US$315.00k | 0.076% $ 3.5m | |
| Independent Director | 0.92yr | no data | no data | |
| Independent Director | 5yrs | US$230.00k | no data | |
| Independent Director | 4.08yrs | US$215.00k | no data | |
| Independent Director | 2.42yrs | US$215.00k | no data | |
| Independent Director | 4.42yrs | US$230.00k | no data | |
| Independent Director | 2.42yrs | US$215.00k | no data |
3.3yrs
Average Tenure
59yo
Average Age
Experienced Board: KXS's board of directors are considered experienced (3.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Top Shareholders
Company Information
Kinaxis Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kinaxis Inc.
- Ticker: KXS
- Exchange: TSX
- Founded: 1984
- Industry: Application Software
- Sector: Software
- Market Cap: CA$4.617b
- Shares outstanding: 27.05m
- Website: https://www.kinaxis.com
Number of Employees
Location
- Kinaxis Inc.
- 700 Silver Seven Road
- Ottawa
- Ontario
- K2V 1C3
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KXS | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jun 2014 |
| KXSC.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Jun 2014 |
| 9KX | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jun 2014 |
Biography
Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. The company offers RapidResponse, which provide supply chain planning and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/14 23:45 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.