Prodigy Ventures (TSXV:PGV) - Share price, News & Analysis

PGV fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

PGV Stock Overview

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

Risk Analysis

Earnings have declined by 25.9% per year over past 5 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$14M)

Prodigy Ventures Competitors

CGI

TSX:GIB.A

CA$25.4b

International Business Machines

NYSE:IBM

US$116.0b

Price History & Performance

Summary of all time highs, changes and price drops for Prodigy Ventures
Historical stock prices
Current Share Price	CA$0.10
52 Week High	CA$0.37
52 Week Low	CA$0.085
Beta	0.92
1 Month Change	0%
3 Month Change	-28.57%
1 Year Change	11.11%
3 Year Change	-23.08%
5 Year Change	-56.52%
Change since IPO	66.67%

Recent News & Updates

Sep 21

Estimating The Fair Value Of Prodigy Ventures Inc. (CVE:PGV)

In this article we are going to estimate the intrinsic value of Prodigy Ventures Inc. ( CVE:PGV ) by taking the...

Jun 11

I Ran A Stock Scan For Earnings Growth And Prodigy Ventures (CVE:PGV) Passed With Ease

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

	PGV	CA IT	CA Market
7D	0%	-5.1%	-2.9%
1Y	11.1%	3.5%	15.9%

Return vs Industry: PGV exceeded the Canadian IT industry which returned 5.5% over the past year.

Return vs Market: PGV underperformed the Canadian Market which returned 17.4% over the past year.

Price Volatility

Is PGV's price volatile compared to industry and market?
PGV volatility
PGV Average Weekly Movement	12.5%
IT Industry Average Movement	11.2%
Market Average Movement	9.8%
10% most volatile stocks in CA Market	17.4%
10% least volatile stocks in CA Market	3.7%

Stable Share Price: PGV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: PGV's weekly volatility has decreased from 23% to 12% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Tom Beckerman	https://www.prodigy.ventures

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 management, application development, cloud migration, and testing. The company also develops mobile enterprise and payments applications for banks and other enterprise customers; and offers digital transformation services, such as strategy, architecture, design, project management, agile development, quality engineering, and staff augmentation.

Prodigy Ventures Fundamentals Summary

How do Prodigy Ventures's earnings and revenue compare to its market cap?
PGV fundamental statistics
Market Cap	CA$14.32m
Earnings (TTM)	-CA$145.83k
Revenue (TTM)	CA$13.58m

1.1x

P/S Ratio

-99.0x

P/E Ratio

Is PGV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PGV income statement (TTM)
Revenue	CA$13.58m
Cost of Revenue	CA$9.68m
Gross Profit	CA$3.90m
Expenses	CA$4.05m
Earnings	-CA$145.83k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.001
Gross Margin	28.73%
Net Profit Margin	-1.07%
Debt/Equity Ratio	0%

How did PGV perform over the long term?

See historical performance and comparison

Valuation

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

1.68x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PGV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PGV's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: PGV is unprofitable, so we can't compare its PE Ratio to the Canadian IT industry average.

PE vs Market: PGV 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 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 (1.7x) compared to the CA IT industry average (3.6x).

Future Growth

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

20.1%

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?

-25.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PGV is currently unprofitable.

Growing Profit Margin: PGV is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: PGV is unprofitable, and losses have increased over the past 5 years at a rate of 25.9% per year.

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

Earnings vs Industry: PGV is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (34.4%).

Return on Equity

High ROE: PGV has a negative Return on Equity (-1.72%), as it is currently unprofitable.

Financial Health

How is Prodigy Ventures's financial position?

Financial Position Analysis

Short Term Liabilities: PGV's short term assets (CA$5.3M) exceed its short term liabilities (CA$1.8M).

Long Term Liabilities: PGV's short term assets (CA$5.3M) exceed its long term liabilities (CA$328.9K).

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 9.9%.

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

Explore strong dividend paying companies in the Software industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure

CEO

Tom Beckerman (68 yo)

6.33yrs

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 ($USD279.37K) is above average for companies of similar size in the Canadian market ($USD161.11K).

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 considered experienced (2.1 years average tenure).

Board Members

Experienced Board: PGV's board of directors are considered experienced (6.3 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 22.7%.

Data	Last Updated (UTC time)
Company Analysis	2022/01/21 23:55
End of Day Share Price	2022/01/21 00:00
Earnings	2021/09/30
Annual Earnings	2020/12/31