TSXV:AAT

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ATI Airtest Technologies

Executive Summary

ATI Airtest Technologies Inc. manufactures and sells air testing equipment and related services in Canada and the United States. More Details


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has ATI Airtest Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AAT is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 33% a week.

Volatility Over Time: Insufficient data to determine AAT's volatility change over the past year.


Market Performance


7 Day Return

28.6%

AAT

7.6%

CA Electronic

2.8%

CA Market


1 Year Return

500.0%

AAT

2.3%

CA Electronic

-0.3%

CA Market

Return vs Industry: AAT exceeded the Canadian Electronic industry which returned 0.7% over the past year.

Return vs Market: AAT exceeded the Canadian Market which returned -0.5% over the past year.


Shareholder returns

AATIndustryMarket
7 Day28.6%7.6%2.8%
30 Day28.6%10.8%10.0%
90 Day200.0%-7.6%5.7%
1 Year500.0%500.0%2.3%2.3%3.3%-0.3%
3 Year350.0%350.0%-29.0%-29.0%12.2%1.3%
5 Year500.0%500.0%-20.2%-20.2%49.1%26.2%

Long-Term Price Volatility Vs. Market

How volatile is ATI Airtest Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ATI Airtest Technologies undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AAT (CA$0.09) is trading below our estimate of fair value (CA$0.21)

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


Price To Earnings Ratio

PE vs Industry: AAT is unprofitable, so we can't compare its PE Ratio to the CA Electronic industry average.

PE vs Market: AAT 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 AAT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AAT has negative assets, so we can't compare its PB Ratio to the CA Electronic industry average.


Next Steps

Future Growth

How is ATI Airtest Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

35.4%

Forecasted Tech 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 ATI Airtest Technologies 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.


Next Steps

Past Performance

How has ATI Airtest Technologies performed over the past 5 years?

-41.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AAT is currently unprofitable.

Growing Profit Margin: AAT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AAT is unprofitable, and losses have increased over the past 5 years at a rate of 41.5% per year.

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

Earnings vs Industry: AAT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-44.9%).


Return on Equity

High ROE: AAT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is ATI Airtest Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: AAT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AAT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AAT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: AAT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable AAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AAT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.5% per year.


Next Steps

Dividend

What is ATI Airtest Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AAT'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 AAT'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?

16.4yrs

Average board tenure


CEO

George Graham

no data

Tenure

CA$1,927,000

Compensation

Mr. George B. Graham serves as the Chief Executive Officer and President of ATI Airtest Technologies, Inc. and has been its Director since March 1996. Mr. Graham has more than 30 years experience as Presid...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD166.12K).

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


Board Members

NamePositionTenureCompensationOwnership
George Graham
CEO, President & Directorno dataCA$1.93m7.54%
CA$ 510.2k
Darrel Taylor
Independent Director16.42yrsno datano data
Robert Mebruer
Independent Director8.5yrsno datano data

16.4yrs

Average Tenure

Experienced Board: AAT's board of directors are seasoned and experienced ( 16.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AAT 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 substantially diluted in the past year, with total shares outstanding growing by 51.5%.


Top Shareholders

Company Information

ATI Airtest Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ATI Airtest Technologies Inc.
  • Ticker: AAT
  • Exchange: TSXV
  • Founded: 1996
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: CA$6.769m
  • Shares outstanding: 75.21m
  • Website: https://www.airtesttechnologies.com

Location

  • ATI Airtest Technologies Inc.
  • Unit 9
  • 1520 Cliveden Avenue
  • Delta
  • British Columbia
  • V3M 6J8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AATTSXV (TSX Venture Exchange)YesCommon SharesCACADFeb 2000
AATG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2000

Biography

ATI Airtest Technologies Inc. manufactures and sells air testing equipment and related services in Canada and the United States. It offers sensor products, such as infrared gas sensors for carbon dioxide b...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:04
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.