Photon Control Inc. designs, manufactures, and distributes a range of optical sensors and systems to measure temperature and position. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Photon Control's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PHO's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PHO exceeded the Canadian Electronic industry which returned -5.2% over the past year.
Return vs Market: PHO exceeded the Canadian Market which returned -8% over the past year.
Price Volatility Vs. Market
How volatile is Photon Control's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIf You Like EPS Growth Then Check Out Photon Control (TSE:PHO) Before It's Too Late
1 month ago | Simply Wall StThe Trends At Photon Control (TSE:PHO) That You Should Know About
Is Photon Control 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: PHO (CA$1.43) is trading below our estimate of fair value (CA$2.19)
Significantly Below Fair Value: PHO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PHO is good value based on its PE Ratio (13x) compared to the CA Electronic industry average (29.6x).
PE vs Market: PHO is good value based on its PE Ratio (13x) compared to the Canadian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PHO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PHO is good value based on its PB Ratio (2.5x) compared to the CA Electronic industry average (5.4x).
How is Photon Control forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PHO's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if PHO's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PHO's revenue (10.1% per year) is forecast to grow faster than the Canadian market (5.2% per year).
High Growth Revenue: PHO's revenue (10.1% 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 PHO's Return on Equity is forecast to be high in 3 years time
How has Photon Control performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PHO has high quality earnings.
Growing Profit Margin: PHO's current net profit margins (22.6%) are higher than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: PHO's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: PHO's earnings growth over the past year (178.6%) exceeds its 5-year average (-0.4% per year).
Earnings vs Industry: PHO earnings growth over the past year (178.6%) exceeded the Electronic industry -20.5%.
Return on Equity
High ROE: PHO's Return on Equity (19.5%) is considered low.
How is Photon Control's financial position?
Financial Position Analysis
Short Term Liabilities: PHO's short term assets (CA$59.8M) exceed its short term liabilities (CA$13.2M).
Long Term Liabilities: PHO's short term assets (CA$59.8M) exceed its long term liabilities (CA$2.3M).
Debt to Equity History and Analysis
Debt Level: PHO is debt free.
Reducing Debt: PHO has not had any debt for past 5 years.
Debt Coverage: PHO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHO has no debt, therefore coverage of interest payments is not a concern.
What is Photon Control current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PHO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PHO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PHO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PHO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PHO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nigel Hunton (59 yo)
Mr. Nigel Hunton had been President and Chief Operating Officer at Ferrotec (USA) Corporation since April 2017 to April 2019. Mr. Hunton was an independent consultant from January 2016 to March 2017. He s ...
CEO Compensation Analysis
Compensation vs Market: Nigel's total compensation ($USD938.88K) is above average for companies of similar size in the Canadian market ($USD174.80K).
Compensation vs Earnings: Insufficient data to compare Nigel's compensation with company performance.
|CFO & Corporate Secretary||0.33yr||no data||no data|
|Vice President of Technology & Operations||0.25yr||no data||no data|
|Senior Vice President of Engineering||2.75yrs||CA$413.12k||no data|
|Special Advisor||10.92yrs||no data||no data|
Experienced Management: PHO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||4.17yrs||CA$43.60k||0.30% |
|Independent Director||3.5yrs||CA$40.60k||0.14% |
|Independent Director||2.92yrs||CA$84.88k||0.15% |
|Independent Chairman of the Board||3.67yrs||CA$639.60k||0.20% |
Experienced Board: PHO's board of directors are considered experienced (3.5 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Photon Control Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Photon Control Inc.
- Ticker: PHO
- Exchange: TSX
- Founded: 1988
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$149.564m
- Shares outstanding: 104.59m
- Website: https://www.photoncontrol.com
Number of Employees
- Photon Control Inc.
- 13500 Verdun Place
- Suite 130
- British Columbia
- V6V 1V2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PHO||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2000|
|POCE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2000|
|0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2000|
Photon Control Inc. designs, manufactures, and distributes a range of optical sensors and systems to measure temperature and position. The company offers fiber optic temperature probes that measure tempera ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/29 00:29|
|End of Day Share Price||2020/09/28 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.