| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
NIR Stock Overview
Noble Iron Inc. develops, markets, and sells enterprise asset management software for the construction and industrial equipment industry under the Texada Software name in Canada, the United States, Australia, and New Zealand.
Noble Iron Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.96 |
| 52 Week High | CA$1.15 |
| 52 Week Low | CA$0.60 |
| Beta | 1.7 |
| 1 Month Change | 6.67% |
| 3 Month Change | 6.67% |
| 1 Year Change | 31.51% |
| 3 Year Change | n/a |
| 5 Year Change | 220.00% |
| Change since IPO | -92.32% |
Recent News & Updates
Shareholder Returns
| NIR | CA Software | CA Market | |
|---|---|---|---|
| 7D | 0% | 7.5% | 0.3% |
| 1Y | 31.5% | -24.6% | -4.0% |
Return vs Industry: NIR exceeded the Canadian Software industry which returned -24.6% over the past year.
Return vs Market: NIR exceeded the Canadian Market which returned -4% over the past year.
Price Volatility
| NIR volatility | |
|---|---|
| NIR Average Weekly Movement | n/a |
| Software Industry Average Movement | 12.8% |
| 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: Insufficient data to determine NIR's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine NIR's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | n/a | Nabil Kassam | https://www.nobleiron.com |
Noble Iron Inc. develops, markets, and sells enterprise asset management software for the construction and industrial equipment industry under the Texada Software name in Canada, the United States, Australia, and New Zealand. The company offers cloud or client-based software applications to manage the equipment ownership lifecycle, including equipment purchasing; rental and sales transactions; inventory management, location, utilization, maintenance, and depreciation tracking; used equipment sales and disposals analysis; and inventory replenishment analysis. It provides FleetLogic, a mobile field service and logistics management platform; SRM (Systematic Rental Management), a management software for scaling rental businesses; and RentalLogic, a cloud-based software application designed to enhance productivity for rental businesses.
Noble Iron Fundamentals Summary
| NIR fundamental statistics | |
|---|---|
| Market Cap | CA$26.18m |
| Earnings (TTM) | CA$277.27k |
| Revenue (TTM) | CA$6.94m |
94.5x
P/E Ratio3.8x
P/S RatioIs NIR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NIR income statement (TTM) | |
|---|---|
| Revenue | CA$6.94m |
| Cost of Revenue | CA$560.02k |
| Gross Profit | CA$6.38m |
| Other Expenses | CA$6.10m |
| Earnings | CA$277.27k |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.01 |
| Gross Margin | 91.93% |
| Net Profit Margin | 4.00% |
| Debt/Equity Ratio | 0.0% |
How did NIR perform over the long term?
See historical performance and comparisonValuation
Is NIR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings 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 NIR?
Other financial metrics that can be useful for relative valuation.
| What is NIR's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | CA$26.18m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3x |
| Enterprise Value/EBITDA | 60x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does NIR's PE Ratio compare to its peers?
| NIR PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 92.9x |
Price-To-Earnings vs Peers: NIR is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the peer average (92.9x).
Price to Earnings Ratio vs Industry
How does NIR's PE Ratio compare vs other companies in the Canadian Software Industry?
Price-To-Earnings vs Industry: NIR is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the Canadian Software industry average (52.7x)
Price to Earnings Ratio vs Fair Ratio
What is NIR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 94.5x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NIR's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NIR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NIR (CA$0.96) is trading above our estimate of fair value (CA$0.32)
Significantly Below Fair Value: NIR is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NIR's PEG Ratio to determine if it is good value.
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Future Growth
How is Noble Iron forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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
29.7%
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 Noble Iron 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.
Discover growth companies
- Examine Noble Iron's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Noble Iron competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Noble Iron performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
39.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIR has high quality earnings.
Growing Profit Margin: NIR's current net profit margins (4%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: NIR has become profitable over the past 5 years, growing earnings by 39.1% per year.
Accelerating Growth: NIR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NIR had negative earnings growth (-19%) over the past year, making it difficult to compare to the Software industry average (7.6%).
Return on Equity
High ROE: NIR's Return on Equity (5.4%) is considered low.
Discover strong past performing companies
Financial Health
How is Noble Iron's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NIR's short term assets (CA$6.1M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: NIR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NIR is debt free.
Reducing Debt: NIR currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: NIR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NIR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Noble Iron 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 NIR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NIR'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 NIR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NIR'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 NIR has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Nabil Kassam
8.42yrs
Tenure
CA$368,140
Compensation
Mr. Nabil Kassam is the Founder of Noble Iron Inc. and has been its Chief Executive Officer since January 1, 2014 and was its Interim Chief Financial Officer since July 5, 2016 until June 7, 2019. Mr. Kass...
CEO Compensation Analysis
Compensation vs Market: Nabil's total compensation ($USD285.00K) is above average for companies of similar size in the Canadian market ($USD175.18K).
Compensation vs Earnings: Nabil's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NIR's management team is seasoned and experienced (5.7 years average tenure).
Board Members
Experienced Board: NIR's board of directors are seasoned and experienced ( 10.3 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Noble Iron Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Noble Iron Inc.
- Ticker: NIR
- Exchange: TSXV
- Founded: 2008
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$26.177m
- Shares outstanding: 27.27m
- Website: https://www.nobleiron.com
Location
- Noble Iron Inc.
- 90 Woodlawn Road West
- Guelph
- Ontario
- N1H 1B2
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/05/31 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.