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Prodigy Ventures

Market Cap

CA$12.8m

Last Updated

2021/05/06 03:53 UTC

Data Sources

Company Financials

Executive Summary

Prodigy Ventures Inc. provides technology services to financial institutions and other large enterprises in Canada and the United States. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: PGV is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 43% a week.

Volatility Over Time: PGV's weekly volatility has increased from 24% to 43% over the past year.


Market Performance


7 Day Return

-12.0%

PGV

1.7%

CA IT

0.7%

CA Market


1 Year Return

22.2%

PGV

26.9%

CA IT

37.1%

CA Market

Return vs Industry: PGV underperformed the Canadian IT industry which returned 26.9% over the past year.

Return vs Market: PGV underperformed the Canadian Market which returned 37.1% over the past year.


Shareholder returns

PGVIndustryMarket
7 Day-12.0%1.7%0.7%
30 Day-4.3%4.9%1.8%
90 Day10.0%12.4%8.2%
1 Year22.2%22.2%26.9%26.9%41.6%37.1%
3 Year-25.2%-26.7%39.7%39.5%29.9%17.5%
5 Year-53.2%-54.2%89.7%89.2%59.0%35.1%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Prodigy Ventures undervalued compared to its fair value and its price relative to the market?

21.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PGV (CA$0.11) is trading below our estimate of fair value (CA$0.14)

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


Price To Earnings Ratio

PE vs Industry: PGV is good value based on its PE Ratio (24.4x) compared to the CA IT industry average (39.1x).

PE vs Market: PGV is poor value based on its PE Ratio (24.4x) compared to the Canadian market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PGV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PGV is good value based on its PB Ratio (3.5x) compared to the CA IT industry average (7.9x).


Future Growth

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

29.0%

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 Prodigy 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.


Past Performance

How has Prodigy Ventures performed over the past 5 years?

-30.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PGV has high quality earnings.

Growing Profit Margin: PGV's current net profit margins (3.3%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: PGV's earnings have declined by 30.8% per year over the past 5 years.

Accelerating Growth: PGV's earnings growth over the past year (53.6%) exceeds its 5-year average (-30.8% per year).

Earnings vs Industry: PGV earnings growth over the past year (53.6%) exceeded the IT industry 9.8%.


Return on Equity

High ROE: PGV's Return on Equity (14.4%) is considered low.


Financial Health

How is Prodigy Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: PGV's short term assets (CA$4.5M) exceed its short term liabilities (CA$1.8M).

Long Term Liabilities: PGV's short term assets (CA$4.5M) exceed its long term liabilities (CA$17.9K).


Debt to Equity History and Analysis

Debt Level: PGV is debt free.

Reducing Debt: PGV has no debt compared to 5 years ago when its debt to equity ratio was 25.2%.

Debt Coverage: PGV has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PGV has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PGV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PGV is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PGV'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?

0.8yrs

Average management tenure


CEO

Tom Beckerman (67 yo)

0.083

Tenure

CA$350,000

Compensation

Mr. Thomas Beckerman, also known as Tom, serves as Chief Executive Officer at Prodigy Ventures Inc. since April 08, 2021. He is the Founder and Director of Prodigy Ventures Inc. since September 2015 and wa...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD285.55K) is above average for companies of similar size in the Canadian market ($USD156.68K).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PGV's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PGV's board of directors are considered experienced (4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Prodigy Ventures Inc.
  • Ticker: PGV
  • Exchange: TSXV
  • Founded: NaN
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: CA$12.838m
  • Shares outstanding: 116.71m
  • Website: https://www.prodigy.ventures

Location

  • Prodigy Ventures Inc.
  • TD Canada Trust Tower
  • Suite 4420
  • Toronto
  • Ontario
  • M5J 2S1
  • Canada

Listings


Biography

Prodigy Ventures Inc. provides technology services to financial institutions and other large enterprises in Canada and the United States. It offers consulting services for strategy, design, project managem...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 03:53
End of Day Share Price2021/05/05 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.