Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technology fluid management solutions in Canada, the United States, and internationally.
Flawless balance sheet with acceptable track record.
Share Price & News
How has Titan Logix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TLA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TLA underperformed the Canadian Electronic industry which returned -3.7% over the past year.
Return vs Market: TLA underperformed the Canadian Market which returned 10.4% over the past year.
Price Volatility Vs. Market
How volatile is Titan Logix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDoes Market Volatility Impact Titan Logix Corp.'s (CVE:TLA) Share Price?
11 months ago | Simply Wall StIs Titan Logix Corp.'s (CVE:TLA) 0.8% ROE Worse Than Average?
1 year ago | Simply Wall StBefore You Buy Titan Logix Corp (CVE:TLA), Consider Its Volatility
Is Titan Logix undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TLA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TLA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TLA is poor value based on its PE Ratio (122x) compared to the Electronic industry average (16.6x).
PE vs Market: TLA is poor value based on its PE Ratio (122x) compared to the Canadian market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TLA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TLA is good value based on its PB Ratio (0.8x) compared to the CA Electronic industry average (2.4x).
How is Titan Logix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Titan Logix 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.
- Examine Titan Logix's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Titan Logix competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Titan Logix performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TLA has a large one-off gain of CA$225.6K impacting its November 30 2019 financial results.
Growing Profit Margin: TLA's current net profit margins (4.1%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: TLA's earnings have declined by -26.6% per year over the past 5 years.
Accelerating Growth: TLA's earnings growth over the past year (65.3%) exceeds its 5-year average (-15.6% per year).
Earnings vs Industry: TLA earnings growth over the past year (65.3%) exceeded the Electronic industry 22.1%.
Return on Equity
High ROE: TLA's Return on Equity (0.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Titan Logix's financial position?
Financial Position Analysis
Short Term Liabilities: TLA's short term assets (CA$11.6M) exceed its short term liabilities (CA$594.9K).
Long Term Liabilities: TLA's short term assets (CA$11.7M) exceed its long term liabilities (CA$480.9K).
Debt to Equity History and Analysis
Debt Level: TLA is debt free.
Reducing Debt: TLA had no debt 5 years ago.
Debt Coverage: TLA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TLA has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: TLA has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if TLA's debt is covered by short term assets.
What is Titan Logix's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TLA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TLA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TLA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TLA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TLA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
What is the CEO of Titan Logix's salary, the management and board of directors tenure and is there insider trading?
Average board tenure
Alvin Pyke 0
Mr. Alvin Pyke, P.Eng. has been the Chief Executive Officer at Titan Logix Corp. since February 22, 2018 and its Chief Technology Officer since September 28, 2018. Mr. Pyke served as the Chief Executive Of ...
CEO Compensation Analysis
Compensation vs Market: Alvin's total compensation ($USD168.02K) is about average for companies of similar size in the Canadian market ($USD165.67K).
Compensation vs Earnings: Alvin's compensation has increased by more than 20% in the past year.
Board Age and Tenure
Experienced Board: TLA's board of directors are considered experienced (3 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chief Financial Officer
- Tenure: 15yrs
- Compensation: CA$161.70k
CEO, CTO & Director
- Tenure: 1.9yrs
- Compensation: CA$219.52k
S. Reeves (62yo)
- Tenure: 3yrs
- Compensation: CA$24.40k
- Tenure: 3.6yrs
- Compensation: CA$22.00k
Warren White (67yo)
- Tenure: 4yrs
- Compensation: CA$22.00k
CEO, CTO & Director
- Tenure: 1.9yrs
- Compensation: CA$219.52k
- Tenure: 0.2yrs
Titan Logix Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Titan Logix Corp.
- Ticker: TLA
- Exchange: TSXV
- Founded: 1979
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$13.840m
- Shares outstanding: 28.54m
- Website: https://www.titanlogix.com
- Titan Logix Corp.
- 4130 – 93 Street NW
- T6E 5P5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TLA||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 1989|
|TPCF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 1989|
Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technology fluid management solutions in Canada, the United States, and internationally. Its products include guided wave radar gauges for level measurement and overfill prevention; level gauges for storage tanks; and communication systems for remote alarming and control. The company also offers mobile tank gauging products, including liquid level gauges, and displays and accessories; and stationary tank gauging systems, such as free space radars, guided wave radars, totalizers and rate meters, and vibronic switches. It serves oil and gas, waste fluid collection, chemical, and aviation industries. The company was formerly known as Titan Pacific Resources Ltd. and changed its name to Titan Logix Corp. The company was founded in 1979 and is headquartered in Edmonton, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/26 23:48|
|End of Day Share Price||2020/01/24 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.