ET Stock Overview
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets industries in Canada, the United States, and internationally.
Evertz Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$13.07|
|52 Week High||CA$15.90|
|52 Week Low||CA$12.53|
|1 Month Change||-7.96%|
|3 Month Change||-0.76%|
|1 Year Change||0.77%|
|3 Year Change||-20.01%|
|5 Year Change||-24.97%|
|Change since IPO||8.02%|
Recent News & Updates
Here's Why Evertz Technologies Limited's (TSE:ET) CEO Compensation Is The Least Of Shareholders Concerns
Performance at Evertz Technologies Limited ( TSE:ET ) has been rather uninspiring recently and shareholders may be...
Is There An Opportunity With Evertz Technologies Limited's (TSE:ET) 34% Undervaluation?
Does the August share price for Evertz Technologies Limited ( TSE:ET ) reflect what it's really worth? Today, we will...
|ET||CA Communications||CA Market|
Return vs Industry: ET underperformed the Canadian Communications industry which returned 11.4% over the past year.
Return vs Market: ET underperformed the Canadian Market which returned 25% over the past year.
|ET Average Weekly Movement||4.0%|
|Communications Industry Average Movement||6.4%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||3.5%|
Stable Share Price: ET is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ET's weekly volatility (4%) has been stable over the past year.
About the Company
Evertz Technologies Limited designs, manufactures, and distributes video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets industries in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems. It also provides encoding, transcoding, and multiplexing products comprising ASI/IP converters, multiplexers, scramblers, and modulators; contribution encoders/decoders; transport stream processors; and software defined accelerated encoding/transcoding/muxing products, as well as audio/data/RF transporters, CWDM/DWDM multiplexors, fiber routers, SONET/SDH transporters, and video transporters.
Evertz Technologies Fundamentals Summary
|ET fundamental statistics|
Is ET overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ET income statement (TTM)|
|Cost of Revenue||CA$159.83m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
Dec 08, 2021
|Earnings per share (EPS)||0.73|
|Net Profit Margin||14.55%|
How did ET perform over the long term?See historical performance and comparison
4.8%Current Dividend Yield
Is Evertz Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ET (CA$13.4) is trading below our estimate of fair value (CA$23.08)
Significantly Below Fair Value: ET is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ET is good value based on its PE Ratio (18.3x) compared to the North American Communications industry average (27.9x).
PE vs Market: ET is poor value based on its PE Ratio (18.3x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: ET is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ET is overvalued based on its PB Ratio (3.5x) compared to the CA Communications industry average (2.8x).
How is Evertz Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ET's forecast earnings growth (13.9% per year) is above the savings rate (1.6%).
Earnings vs Market: ET's earnings (13.9% per year) are forecast to grow faster than the Canadian market (10.6% per year).
High Growth Earnings: ET's earnings are forecast to grow, but not significantly.
Revenue vs Market: ET's revenue (8.8% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: ET's revenue (8.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ET's Return on Equity is forecast to be high in 3 years time
How has Evertz Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ET has high quality earnings.
Growing Profit Margin: ET's current net profit margins (14.5%) are higher than last year (14.4%).
Past Earnings Growth Analysis
Earnings Trend: ET's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: ET's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ET had negative earnings growth (-0.3%) over the past year, making it difficult to compare to the Communications industry average (18.6%).
Return on Equity
High ROE: ET's Return on Equity (18.8%) is considered low.
How is Evertz Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: ET's short term assets (CA$378.9M) exceed its short term liabilities (CA$161.9M).
Long Term Liabilities: ET's short term assets (CA$378.9M) exceed its long term liabilities (CA$22.9M).
Debt to Equity History and Analysis
Debt Level: ET is debt free.
Reducing Debt: ET has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: ET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ET has no debt, therefore coverage of interest payments is not a concern.
What is Evertz Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ET's dividend (4.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.52%).
High Dividend: ET's dividend (4.7%) is in the top 25% of dividend payers in the Canadian market (4.47%)
Stability and Growth of Payments
Stable Dividend: ET's dividend payments have been volatile in the past 10 years.
Growing Dividend: ET's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.4%), ET's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Romolo Magarelli (54 yo)
Mr. Romolo Magarelli serves as the Chief Executive Officer and President of Evertz Technologies Limited and joined since 1997. Mr. Magarelli was employed at Leitch Corporation from 1991 to 1997 and served...
CEO Compensation Analysis
Compensation vs Market: Romolo's total compensation ($USD825.04K) is about average for companies of similar size in the Canadian market ($USD1.08M).
Compensation vs Earnings: Romolo's compensation has been consistent with company performance over the past year.
Experienced Management: ET's management team is seasoned and experienced (13.4 years average tenure).
Experienced Board: ET's board of directors are seasoned and experienced ( 15.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ET insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evertz Technologies Limited's employee growth, exchange listings and data sources
- Name: Evertz Technologies Limited
- Ticker: ET
- Exchange: TSX
- Founded: 1966
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: CA$1.022b
- Shares outstanding: 76.28m
- Website: https://www.evertz.com
Number of Employees
- Evertz Technologies Limited
- 5292 John Lucas Drive
- L7L 5Z9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:34|
|End of Day Share Price||2021/11/26 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.