TSXV:NVI

Stock Analysis Report

Novra Technologies

Executive Summary

Novra Technologies, Inc. provides products, systems, and services for the distribution of multimedia broadband content.

Snowflake

Fundamentals

Adequate balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.1%

NVI

2.0%

CA Communications

0.1%

CA Market


1 Year Return

-28.6%

NVI

-12.0%

CA Communications

1.6%

CA Market

Return vs Industry: NVI underperformed the Canadian Communications industry which returned -12% over the past year.

Return vs Market: NVI underperformed the Canadian Market which returned 1.6% over the past year.


Shareholder returns

NVIIndustryMarket
7 Day-9.1%2.0%0.1%
30 Day0%-0.4%-2.9%
90 Day-25.9%-2.1%-1.4%
1 Year-28.6%-28.6%-11.5%-12.0%5.2%1.6%
3 Year-13.0%-13.0%3.6%1.5%13.8%3.7%
5 Year17.6%17.6%-18.1%-21.6%25.3%7.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

46.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: NVI (CA$0.1) is trading below our estimate of fair value (CA$0.19)

Significantly Undervalued: NVI is trading below fair value by more than 20%.


Price To Earnings Ratio

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

PE vs Market: NVI is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate NVI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NVI is overvalued based on its PB Ratio (5.3x) compared to the CA Communications industry average (1.2x).


Next Steps

Future Growth

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

122.9%

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 Novra 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 Novra Technologies performed over the past 5 years?

-11.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NVI is unprofitable, and losses have increased over the past 5 years at a rate of -11.5% per year.

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

Earnings vs Industry: NVI is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (22.8%).


Return on Equity

High ROE: NVI has a negative Return on Equity (-127.63%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NVI is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NVI is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Novra Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: NVI's short term assets (CA$6.8M) exceeds its short term liabilities (CA$6.0M)

Long Term Liabilities: NVI's short term assets (6.8M) exceeds its long term liabilities (5.5M)


Debt to Equity History and Analysis

Debt Level: NVI's debt to equity ratio (1370.5%) is considered high

Reducing Debt: NVI's debt to equity ratio has increased from 320.6% to 1370.5% over the past 5 years.


Balance Sheet

Inventory Level: NVI has a high level of physical assets or inventory.

Debt Coverage by Assets: NVI's debt is covered by short term assets (assets are 1.903270x debt).


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 NVI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NVI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.4% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate NVI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if NVI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVI'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 NVI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Novra Technologies's salary, the management and board of directors tenure and is there insider trading?

14.3yrs

Average board tenure


CEO

Harris Liontas 0

0yrs

Tenure

CA$201,000

Compensation

Mr. Harris Liontas serves as the President and the Chief Executive Officer of Novra Technologies, Inc. and has been its Director since June 06, 2001. 


CEO Compensation Analysis

Compensation vs. Market: Harris's total compensation ($USD153.06K) is about average for companies of similar size in the Canadian market ($USD121.84K).

Compensation vs Earnings: Harris's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

14.3yrs

Average Tenure

Experienced Board: NVI's board of directors are seasoned and experienced ( 14.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Harris Liontas

    President

    • Tenure: 0yrs
    • Compensation: CA$201.00k
  • Patricia Gair

    Chief Operating Officer

    • Tenure: 3.3yrs
    • Compensation: CA$142.75k
  • Brian Eckhardt

    CFO & Director

    • Tenure: 1.3yrs
    • Compensation: CA$2.00k

Board Members

  • Kevlin Maloney

    Director

    • Tenure: 14.3yrs
    • Compensation: CA$4.00k
  • Peter Wintemute

    Chairman

    • Tenure: 0yrs
    • Compensation: CA$4.00k
  • Harris Liontas

    President

    • Tenure: 0yrs
    • Compensation: CA$201.00k
  • Brian Eckhardt

    CFO & Director

    • Tenure: 1.3yrs
    • Compensation: CA$2.00k

Company Information

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


Key Information

  • Name: Novra Technologies, Inc.
  • Ticker: NVI
  • Exchange: TSXV
  • Founded:
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CA$3.337m
  • Shares outstanding: 33.37m
  • Website: https://www.novra.com

Number of Employees


Location

  • Novra Technologies, Inc.
  • 900-330 St. Mary Avenue
  • Winnipeg
  • Manitoba
  • R3C 3Z5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVITSXV (TSX Venture Exchange)YesClass A Common StockCACADDec 1998
NVRV.FOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDDec 1998
7CVDB (Deutsche Boerse AG)YesClass A Common StockDEEURDec 1998

Biography

Novra Technologies, Inc. provides products, systems, and services for the distribution of multimedia broadband content. The company offers video distribution products and systems for the provision of end-t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 23:41
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.