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. More Details
Flawless balance sheet and overvalued.
Share Price & News
How has Noble Iron's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
1 Year Return
Return vs Industry: NIR underperformed the Canadian Software industry which returned 46.9% over the past year.
Return vs Market: NIR exceeded the Canadian Market which returned 2.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Noble Iron's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Noble Iron undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate NIR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate NIR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: NIR is unprofitable, so we can't compare its PE Ratio to the CA Software industry average.
PE vs Market: NIR 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 NIR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NIR is good value based on its PB Ratio (1.3x) compared to the CA Software industry average (7.6x).
How is Noble Iron forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
- Explore growth companies in the Software industry.
How has Noble Iron performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NIR is currently unprofitable.
Growing Profit Margin: NIR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NIR is unprofitable, but has reduced losses over the past 5 years at a rate of 28.9% per year.
Accelerating Growth: Unable to compare NIR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NIR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (31.8%).
Return on Equity
High ROE: NIR has a negative Return on Equity (-10.47%), as it is currently unprofitable.
How is Noble Iron's financial position?
Financial Position Analysis
Short Term Liabilities: NIR's short term assets (CA$6.4M) exceed its short term liabilities (CA$1.2M).
Long Term Liabilities: NIR's short term assets (CA$6.4M) exceed its long term liabilities (CA$505.5K).
Debt to Equity History and Analysis
Debt Level: NIR's debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: NIR's debt to equity ratio has reduced from 1687.8% to 4.6% over the past 5 years.
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: NIR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NIR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 8.8% each year
What is Noble Iron current dividend yield, its reliability and sustainability?
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.
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 NIR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 ($USD464.01K) is above average for companies of similar size in the Canadian market ($USD153.85K).
Compensation vs Earnings: Nabil's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||1.58yrs||no data||no data|
|Corporate Controller||4.25yrs||no data||no data|
Experienced Management: NIR's management team is considered experienced (4.3 years average tenure).
|Independent Director||16.58yrs||CA$31.18k||0.0098% |
|Independent Director||9.83yrs||CA$27.79k||no data|
|Independent Director||9.17yrs||CA$24.48k||4.11% |
|Independent Director||8.58yrs||CA$21.17k||0.89% |
|Independent Director||4.42yrs||CA$21.17k||0.39% |
|Independent Director||4.42yrs||CA$21.17k||no data|
Experienced Board: NIR's board of directors are considered experienced (9.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Noble Iron Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Noble Iron Inc.
- Ticker: NIR
- Exchange: TSXV
- Founded: 2008
- Industry: Application Software
- Sector: Software
- Market Cap: CA$6.817m
- Shares outstanding: 27.27m
- Website: https://www.nobleiron.com
- Noble Iron Inc.
- 90 Woodlawn Road West
- N1H 1B2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NIR||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||May 2002|
|TXDS.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||May 2002|
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, Austral...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/21 23:31|
|End of Day Share Price||2021/01/11 00:00|
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.