Evertz Technologies Limited

TSX:ET Stock Report

Market Cap: CA$1.2b

Evertz Technologies Past Earnings Performance

Past criteria checks 3/6

Evertz Technologies has been growing earnings at an average annual rate of 2.9%, while the Communications industry saw earnings growing at 7.9% annually. Revenues have been growing at an average rate of 7.1% per year. Evertz Technologies's return on equity is 31.2%, and it has net margins of 12.1%.

Key information

2.86%

Earnings growth rate

3.01%

EPS growth rate

Communications Industry Growth18.75%
Revenue growth rate7.10%
Return on equity31.18%
Net Margin12.08%
Next Earnings Update24 Jun 2026

Recent past performance updates

Recent updates

Narrative Update May 18

ET: CA$17 Band And Steady Payouts Will Guide Forward Expectations

Analyst price targets for Evertz Technologies have moved higher into a CA$16 to CA$17.50 range, with the fair value estimate held at CA$17.25 as analysts point to updated views on discount rates and forward P/E assumptions. Analyst Commentary Recent research updates cluster around a CA$16 to CA$17.50 price target range, with several analysts refining their views on valuation inputs such as discount rates and forward P/E assumptions.
Narrative Update May 02

ET: CA$17 Band And Steady Dividends Will Shape Forward Expectations

Analysts have lifted Evertz Technologies' average price target into a CA$16 to CA$17.50 range, citing refreshed research that keeps fair value essentially unchanged while fine tuning growth, margin and future P/E assumptions. Analyst Commentary Recent Street research on Evertz Technologies clusters around a tighter valuation band, with several firms revising price targets into the CA$16 to CA$17.50 range.
Narrative Update Apr 17

ET: CA$17 Band And Regular Payouts Will Guide Balanced Outlook

Analyst price targets for Evertz Technologies have recently shifted higher into a CA$16 to CA$17.50 range, as analysts point to updated views on valuation and risk that are broadly consistent with the model's fair value estimate of CA$17.25. Analyst Commentary Recent research updates cluster around higher price targets for Evertz Technologies, generally falling between CA$16 and CA$17.50.
Narrative Update Apr 02

ET: CA$17 Range And Steady Dividend Policy Will Shape Balanced Outlook

Analyst price targets for Evertz Technologies have moved higher into a CA$16 to CA$17.50 range, as analysts point to updated views on the company that support a fair value estimate of CA$17.25 with only minor adjustments to key model assumptions. Analyst Commentary Recent Street research on Evertz Technologies clusters around a tighter CA$16 to CA$17.50 price target band, with analysts updating their views while keeping existing recommendations in place.
Narrative Update Mar 19

ET: Higher CA$17 Range And Dividend Payouts Will Shape Balanced Outlook

Analysts have lifted the fair value estimate for Evertz Technologies to CA$17.25 from CA$14.88, aligning with recent Street target hikes toward CA$16 to CA$17.50 that are grounded in updated views on discount rates, profit margins, and future P/E assumptions. Analyst Commentary Recent Street research has clustered around higher fair value marks for Evertz Technologies, with price targets now ranging from CA$16 to CA$17.50.
Narrative Update Mar 04

ET: Updated CA$15 Outlook And Capital Returns Will Shape Balanced Prospects

Analysts have lifted their implied fair value for Evertz Technologies to CA$14.88 from CA$13.92, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E, and aligning with the recent CA$2 increase in the Street price target to CA$15.00. Analyst Commentary Recent updates to fair value estimates and price targets suggest analysts are reassessing Evertz Technologies with a more constructive stance on its risk and reward profile, while still treating it as a balanced idea rather than a clear outperformer.
Analysis Article Sep 15

Evertz Technologies (TSE:ET) Has Announced A Dividend Of CA$0.20

Evertz Technologies Limited's ( TSE:ET ) investors are due to receive a payment of CA$0.20 per share on 25th of...
Analysis Article Feb 12

What Evertz Technologies Limited's (TSE:ET) P/E Is Not Telling You

With a median price-to-earnings (or "P/E") ratio of close to 15x in Canada, you could be forgiven for feeling...
User avatar
New Narrative Feb 06

DreamCatcher BRAVO Studio Will Improve Future Efficiency With AI

Emphasis on high-margin tech and recurring software services suggests potential for increased revenue and improved net margins.
Analysis Article Sep 17

Evertz Technologies (TSE:ET) Is Due To Pay A Dividend Of CA$0.195

Evertz Technologies Limited ( TSE:ET ) has announced that it will pay a dividend of CA$0.195 per share on the 25th of...
Analysis Article Jul 01

Evertz Technologies (TSE:ET) Is Paying Out A Dividend Of CA$0.195

Evertz Technologies Limited's ( TSE:ET ) investors are due to receive a payment of CA$0.195 per share on 10th of July...
Analysis Article May 21

With EPS Growth And More, Evertz Technologies (TSE:ET) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Mar 18

Evertz Technologies (TSE:ET) Will Pay A Dividend Of CA$0.195

Evertz Technologies Limited ( TSE:ET ) has announced that it will pay a dividend of CA$0.195 per share on the 29th of...
Analysis Article Jan 30

Is There An Opportunity With Evertz Technologies Limited's (TSE:ET) 43% Undervaluation?

Key Insights The projected fair value for Evertz Technologies is CA$26.23 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Dec 08

The Trend Of High Returns At Evertz Technologies (TSE:ET) Has Us Very Interested

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Apr 27

Does Evertz Technologies (TSE:ET) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Feb 03

Evertz Technologies Limited (TSE:ET) Shares Could Be 25% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of Evertz Technologies Limited ( TSE:ET ) by taking...
Analysis Article Sep 21

These 4 Measures Indicate That Evertz Technologies (TSE:ET) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jul 26

Evertz Technologies Limited's (TSE:ET) Intrinsic Value Is Potentially 59% Above Its Share Price

How far off is Evertz Technologies Limited ( TSE:ET ) from its intrinsic value? Using the most recent financial data...
Analysis Article Jun 30

Evertz Technologies (TSE:ET) Will Pay A Dividend Of CA$0.18

Evertz Technologies Limited's ( TSE:ET ) investors are due to receive a payment of CA$0.18 per share on 12th of July...
Analysis Article Mar 09

Is Evertz Technologies Limited (TSE:ET) Trading At A 27% Discount?

Today we will run through one way of estimating the intrinsic value of Evertz Technologies Limited ( TSE:ET ) by taking...
Analysis Article Dec 13

Evertz Technologies' (TSE:ET) Dividend Will Be CA$0.18

Evertz Technologies Limited ( TSE:ET ) has announced that it will pay a dividend of CA$0.18 per share on the 23rd of...

Revenue & Expenses Breakdown

How Evertz Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:ET Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 265126282134
31 Oct 255106483135
31 Jul 255026283136
30 Apr 255025982136
31 Jan 254976081136
31 Oct 244955880133
31 Jul 245006479129
30 Apr 245157077125
31 Jan 245217575118
31 Oct 234966873116
31 Jul 234796670112
30 Apr 234556467108
31 Jan 234426565105
31 Oct 224517465101
31 Jul 22445716598
30 Apr 22441726694
31 Jan 22418636491
31 Oct 21390526087
31 Jul 21384565779
30 Apr 21343425572
31 Jan 21342485572
31 Oct 20370576175
31 Jul 20390566781
30 Apr 20437697188
31 Jan 20452717291
31 Oct 19451747287
31 Jul 19444747285
30 Apr 19444787182
31 Jan 19429687580
31 Oct 18408607378
31 Jul 18397577377
30 Apr 18403537374
31 Jan 18417657270
31 Oct 17408617368
31 Jul 17406647266
30 Apr 17384697164
31 Jan 17374577061
31 Oct 16383716859
31 Jul 16384706857
30 Apr 16382706756
31 Jan 16377736657
31 Oct 15368706655
31 Jul 15350656654

Quality Earnings: ET has high quality earnings.

Growing Profit Margin: ET's current net profit margins (12.1%) are lower than last year (12.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ET's earnings have grown by 2.9% per year over the past 5 years.

Accelerating Growth: ET's earnings growth over the past year (2.8%) is below its 5-year average (2.9% per year).

Earnings vs Industry: ET earnings growth over the past year (2.8%) did not outperform the Communications industry 11%.


Return on Equity

High ROE: ET's Return on Equity (31.2%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 11:14
End of Day Share Price 2026/05/20 00:00
Earnings2026/01/31
Annual Earnings2025/04/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evertz Technologies Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KwanATB Cormark Historical (Cormark Securities)
Thanos MoschopoulosBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity