TSXV:CYX

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Executive Summary

Calyx Ventures Inc. engages in the development of custom software for enterprises and start-up companies in Canada. More Details


Snowflake Analysis

Slightly overvalued with weak fundamentals.

Share Price & News

How has Calyx Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CYX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

CYX

-4.3%

CA Software

-8.4%

CA Market


1 Year Return

-33.3%

CYX

22.0%

CA Software

-60.8%

CA Market

Return vs Industry: CYX underperformed the Canadian Software industry which returned 35.2% over the past year.

Return vs Market: CYX underperformed the Canadian Market which returned -3.6% over the past year.


Shareholder returns

CYXIndustryMarket
7 Day0%-4.3%-8.4%
30 Day0%-5.7%-3.0%
90 Day0%-6.6%-26.8%
1 Year-33.3%-33.3%22.4%22.0%-59.2%-60.8%
3 Year-90.5%-90.5%55.5%52.2%-60.5%-64.6%
5 Year-60.0%-60.0%115.6%108.2%-51.9%-59.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Calyx Ventures 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: CYX (CA$0.01) is trading below our estimate of fair value (CA$0.14)

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


Price To Earnings Ratio

PE vs Industry: CYX is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.

PE vs Market: CYX 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 CYX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CYX has negative assets, so we can't compare its PB Ratio to the CA Software industry average.


Next Steps

Future Growth

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

24.2%

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 Calyx Ventures 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 Calyx Ventures performed over the past 5 years?

-55.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: CYX is currently unprofitable.

Growing Profit Margin: CYX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if CYX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare CYX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CYX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (41.3%).


Return on Equity

High ROE: CYX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Calyx Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: CYX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: CYX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: CYX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: CYX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Insufficient data to determine if CYX has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CYX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Calyx Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CYX'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 CYX'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?

5.3yrs

Average management tenure


CEO

Roger Forde

5.33yrs

Tenure

CA$213,000

Compensation

Mr. Roger Henderson Forde has been Chief Executive Officer, President and Director of Calyx Ventures Inc. (formerly known as Calyx Bio-Ventures Inc.) since June 12, 2015 and has been its Chairman. Mr. Ford ...


CEO Compensation Analysis

Compensation vs Market: Roger's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD170.66K).

Compensation vs Earnings: Roger's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Roger Forde
Chairman5.33yrsCA$213.00k8.19%
CA$ 77.6k
Gavin McMillan
CFO & Director5.33yrsCA$9.00kno data
Tom Mamic
Chief Executive Officer of Agrisoma Biosciences Inc and President of Agrisoma Biosciences Inc16.5yrsCA$168.75kno data

5.3yrs

Average Tenure

Experienced Management: CYX's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roger Forde
Chairman5.33yrsCA$213.00k8.19%
CA$ 77.6k
Gavin McMillan
CFO & Director5.33yrsCA$9.00kno data
Jack Antel
Member of MS Advisory Boardno datano datano data
Leslie Weiner
Member of MS Advisory Boardno datano datano data
Joel Oger
Member of MS Advisory Boardno datano datano data
Lorne Kastrukoff
Member of MS Advisory Boardno datano datano data
Dennis Bourdette
Member of MS Advisory Boardno datano datano data
Adrian Bak
Independent Director5.83yrsno data0.69%
CA$ 6.5k
James Bowen
Member of MS Advisory Boardno datano datano data
Patrick Audley
Member of Advisory Board2.92yrsno datano data
Derek Rathbun
Director0.33yrno datano data

4.1yrs

Average Tenure

Experienced Board: CYX's board of directors are considered experienced (4.1 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

Calyx Ventures Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Calyx Ventures Inc.
  • Ticker: CYX
  • Exchange: TSXV
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$947.816k
  • Shares outstanding: 94.78m
  • Website: https://www.calyxbio.com

Location

  • Calyx Ventures Inc.
  • 1590–1111 West Georgia Street
  • Vancouver
  • British Columbia
  • V6E 4M3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYXTSXV (TSX Venture Exchange)YesCommon SharesCACADSep 2008
3CXDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2008
CLYX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2008

Biography

Calyx Ventures Inc. engages in the development of custom software for enterprises and start-up companies in Canada. The company provides software solutions to the indoor agriculture; and owns a portfolio o ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/18 23:47
End of Day Share Price2020/07/21 00:00
Earnings2019/09/30
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.