Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
NexOptic Technology. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
NexOptic Technology's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 NexOptic Technology 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare NexOptic Technology's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare NexOptic Technology's earnings growth to the Canada market average as no estimate data is available.
Unable to compare NexOptic Technology's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if NexOptic Technology is high growth as no earnings estimate data is available.
Unable to determine if NexOptic Technology is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
NexOptic Technology's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
NexOptic Technology's finances.
The net worth of a company is the difference between its assets and liabilities.
NexOptic Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
NexOptic Technology's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
NexOptic Technology's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
NexOptic Technology has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Paul Tavis McKenzie has been the Chief Executive Officer of Nexoptic Technology Corp. since April 24, 2019 and serves as its President. Mr. McKenzie has been the Chief Business Officer of Nexoptic Technology Corp. since November 7, 2017 and served as its Chief Executive Officer until November 7, 2017. He served as President of Nexoptic Technology Corp. until April 8, 2017. Mr. McKenzie served as a Manager of Prophecy Coal Corporation since March 2000. He served as Public Relations Officer for International Enexco Ltd. since February 2006. He was Self Employed Property Broker since August 1996. He served as the Chief Executive Officer and President of Challenger Deep Resources Corp. until February 2, 2010 and also served as its Chief Financial Officer until November 26, 2009. Mr. McKenzie served as President and Interim Chief Financial Officer of Prophecy Coal Corporation from January 20, 2010 to April 12, 2010. He has over 20 years experience working in international equities markets. He served as Vice President of Investor Relations at Prophecy Coal Corporation. He served as Licensed Equity Trader at Brink Hudson Lefever in Vancouver, British Columbia. He served as Executive of Planet Mining Exploration Inc. Mr. McKenzie serves as a Director of 0999279 B C Limited and Challenger Deep Resources Corp. He has been a Director at International Enexco Ltd., since February 16, 2006 and Doxa Energy Ltd. since February 4, 2009. He served as a Director of Prophecy Coal Corporation from June 2004 to July 27, 2012 and Nexoptic Technology Corp. from March 19, 2010 to April 8, 2017. He served as a Director of International Cetec Investments Inc. since May 11, 2005. Mr. McKenzie served as a Director of Anexco Resources Ltd. from May 10, 2006 to April 2010.
Paul's compensation has been consistent with company performance over the past year, both up more than 20%.
Paul's remuneration is about average for companies of similar size in Canada.
Chief Financial Officer
Corporate Secretary & Lead Consultant
Lead Consultant and Systems Advisor
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the NexOptic Technology board of directors is less than 3 years, this suggests a new board.
Board of Directors
Member of Advisory Board
Member of Advisory Board
Director (Leave of Absence)
Who owns this company?
Recent Insider Trading
No 3 month individual insider trading information.
Does The NexOptic Technology Corp. (CVE:NXO) Share Price Tend To Follow The Market?
Volatility is considered to be a measure of risk in modern finance theory. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Does NexOptic Technology Corp (CVE:NXO) Go Up With The Market?
If you're interested in NexOptic Technology Corp (CVE:NXO), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.
Interested In The Tech Industry? Take A Look At NexOptic Technology Corp (TSXV:NXO)
Tech analysts are forecasting for the entire hardware tech industry, the bottom line growth to double in the upcoming year , and an enormous triple-digit earnings growth over the next couple of years. … Not surprisingly, this rate is more than double the growth rate of the Canadian stock market as a whole. … TSXV:NXO PE PEG Gauge Nov 9th 17 The tech hardware sector's PE is currently hovering around 38x, above the broader Canadian stock market PE of 17x.
NexOptic Technology Corp., together with its subsidiaries, a technology company, develops and invests in optical and lens technologies. It focuses on developing the patent pending Blade Optics lens system that relates to an optical concept, including the use of flat lenses. The company was formerly known as Elissa Resources Ltd. and changed its name to NexOptic Technology Corp. in February 2016. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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