Executive Summary
Kraken Robotics Inc., a marine technology company, designs, manufactures, and sells software-centric sensors, batteries, and underwater robotic systems for unmanned underwater vehicles used in military and commercial applications. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Similar Companies
Share Price & News
How has Kraken Robotics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PNG is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: PNG's weekly volatility (14%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
PNG
-3.6%
CA Electronic
0.6%
CA Market
1 Year Return
75.0%
PNG
80.5%
CA Electronic
38.5%
CA Market
Return vs Industry: PNG underperformed the Canadian Electronic industry which returned 90% over the past year.
Return vs Market: PNG exceeded the Canadian Market which returned 42.1% over the past year.
Shareholder returns
| PNG | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -3.6% | 0.6% |
| 30 Day | -10.3% | -4.3% | 1.3% |
| 90 Day | 25.0% | 3.0% | 8.7% |
| 1 Year | 75.0%75.0% | 80.6%80.5% | 43.3%38.5% |
| 3 Year | 337.5%337.5% | -10.8%-10.8% | 32.0%19.2% |
| 5 Year | 233.3%233.3% | 1.9%1.9% | 57.5%33.4% |
Long-Term Price Volatility Vs. Market
How volatile is Kraken Robotics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Imagine Holding Kraken Robotics (CVE:PNG) Shares While The Price Zoomed 324% Higher1 month ago | Simply Wall St
Analysts Are Optimistic We'll See A Profit From Kraken Robotics Inc. (CVE:PNG)3 months ago | Simply Wall St
Here's What We Learned About The CEO Pay At Kraken Robotics Inc. (CVE:PNG)Valuation
Is Kraken Robotics undervalued compared to its fair value and its price relative to the market?
11.14x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PNG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PNG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PNG is unprofitable, so we can't compare its PE Ratio to the CA Electronic industry average.
PE vs Market: PNG 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 PNG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PNG's PB Ratio (11x) is in line with the CA Electronic industry average.
Future Growth
How is Kraken Robotics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
210.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PNG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: PNG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PNG's is expected to become profitable in the next 3 years.
Revenue vs Market: PNG's revenue (27.4% per year) is forecast to grow faster than the Canadian market (6.7% per year).
High Growth Revenue: PNG's revenue (27.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PNG's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Kraken Robotics performed over the past 5 years?
-7.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PNG is currently unprofitable.
Growing Profit Margin: PNG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PNG is unprofitable, and losses have increased over the past 5 years at a rate of 7.3% per year.
Accelerating Growth: Unable to compare PNG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PNG is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (62.1%).
Return on Equity
High ROE: PNG has a negative Return on Equity (-23.83%), as it is currently unprofitable.
Financial Health
How is Kraken Robotics's financial position?
Financial Position Analysis
Short Term Liabilities: PNG's short term assets (CA$11.4M) exceed its short term liabilities (CA$4.6M).
Long Term Liabilities: PNG's short term assets (CA$11.4M) exceed its long term liabilities (CA$2.4M).
Debt to Equity History and Analysis
Debt Level: PNG's debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PNG's debt to equity ratio has reduced over the past 5 years.
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: PNG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PNG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.1% each year
Dividend
What is Kraken Robotics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PNG'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 PNG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PNG'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 PNG'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?
1.8yrs
Average management tenure
CEO
Karl Kenny
no data
Tenure
CA$368,587
Compensation
Mr. Karl Kenny serves as the Chief Executive Officer and President at Kraken Robotics Inc. (formerly known as Kraken Sonar Inc.). He is Chief Executive Officer of Kraken Robotic Systems Inc. Mr. Kenny Co-F...
CEO Compensation Analysis
Compensation vs Market: Karl's total compensation ($USD293.67K) is above average for companies of similar size in the Canadian market ($USD156.29K).
Compensation vs Earnings: Karl's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PNG's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: PNG's board of directors are considered experienced (4.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PNG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.3%.
Top Shareholders
Company Information
Kraken Robotics Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kraken Robotics Inc.
- Ticker: PNG
- Exchange: TSXV
- Founded: 2008
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$104.209m
- Shares outstanding: 168.51m
- Website: https://www.krakenrobotics.com
Number of Employees
Location
- Kraken Robotics Inc.
- 189 Glencoe Drive
- Mount Pearl
- Newfoundland and Labrador
- A1N 4P6
- Canada
Listings
Biography
Kraken Robotics Inc., a marine technology company, designs, manufactures, and sells software-centric sensors, batteries, and underwater robotic systems for unmanned underwater vehicles used in military and...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/16 22:27 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.