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.
High growth potential with mediocre balance sheet.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PNG underperformed the Canadian Electronic industry which returned 13% over the past year.
Return vs Market: PNG matched the Canadian Market which returned -3.9% over the past year.
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
1 week ago | Simply Wall StIf You Had Bought Kraken Robotics (CVE:PNG) Stock Three Years Ago, You Could Pocket A 209% Gain Today
2 months ago | Simply Wall StKraken Robotics Inc. (CVE:PNG): Is Breakeven Near?
3 months ago | Simply Wall StKraken Robotics Inc. (CVE:PNG) Analysts Just Slashed This Year's Revenue Estimates By 13%
Is Kraken Robotics undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PNG (CA$0.51) is trading above our estimate of fair value (CA$0.18)
Significantly Below Fair Value: PNG is trading above our estimate of fair value.
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 is overvalued based on its PB Ratio (6.9x) compared to the CA Electronic industry average (3.6x).
How is Kraken Robotics forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
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 (1.7%).
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 (58.2% per year) is forecast to grow faster than the Canadian market (6% per year).
High Growth Revenue: PNG's revenue (58.2% 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
How has Kraken Robotics performed over the past 5 years?
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 9.7% 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 (-10.7%).
Return on Equity
High ROE: PNG has a negative Return on Equity (-12.9%), as it is currently unprofitable.
How is Kraken Robotics's financial position?
Financial Position Analysis
Short Term Liabilities: PNG's short term assets (CA$14.2M) exceed its short term liabilities (CA$6.0M).
Long Term Liabilities: PNG's short term assets (CA$14.2M) exceed its long term liabilities (CA$2.3M).
Debt to Equity History and Analysis
Debt Level: PNG's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: PNG's debt to equity ratio has increased from 2.7% to 3.8% over the past 5 years.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PNG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Karl Kenny serves as the Chief Executive Officer and President at Kraken Robotics Inc. (formerly known as Kraken Sonar Inc.) Mr. Kenny Co-Founded Marport Deep Sea Technologies Inc. (formerly, Marport C ...
CEO Compensation Analysis
Compensation vs Market: Karl's total compensation ($USD275.59K) is above average for companies of similar size in the Canadian market ($USD177.12K).
Compensation vs Earnings: Karl's compensation has increased whilst the company is unprofitable.
|President||no data||CA$368.59k||17.07% |
|Chief Financial Officer||1.08yrs||CA$269.78k||no data|
|Corporate Secretary & COO||1.08yrs||CA$285.29k||3.14% |
|Senior Vice President of Engineering||1.08yrs||CA$211.02k||0.38% |
|Marketing Manager||no data||no data||no data|
|Chief Sonar Engineer||7.58yrs||no data||no data|
|Chief Scientist||2.17yrs||no data||no data|
|Managing Director of Kraken Robotik GmbH||no data||no data||no data|
|Managing Director of Kraken Power GmbH||no data||no data||no data|
Experienced Management: PNG's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
|President||no data||CA$368.59k||17.07% |
|Independent Director||5.5yrs||CA$62.61k||no data|
|Independent Director||3.83yrs||CA$62.61k||1.2% |
|Independent Director||no data||no data||no data|
|Independent Director||3.75yrs||CA$62.61k||0.20% |
|Independent Director||2.83yrs||CA$62.61k||no data|
Experienced Board: PNG's board of directors are considered experienced (3.8 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Kraken Robotics Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kraken Robotics Inc.
- Ticker: PNG
- Exchange: TSXV
- Founded: 2008
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$76.195m
- Shares outstanding: 149.40m
- Website: https://www.krakenrobotics.com
Number of Employees
- Kraken Robotics Inc.
- 189 Glencoe Drive
- Mount Pearl
- Newfoundland and Labrador
- A1N 4P6
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PNG||TSXV (TSX Venture Exchange)||Yes||New Common Shares||CA||CAD||Feb 2015|
|KRKN.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Feb 2015|
|2KQ||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Feb 2015|
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||2020/08/10 00:46|
|End of Day Share Price||2020/08/07 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.