TSX:XCT

Stock Analysis Report

Executive Summary

exactEarth Ltd. provides maritime vessel data for ship tracking and maritime situational awareness solutions worldwide.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: XCT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

XCT

0.6%

CA Infrastructure

0.3%

CA Market


1 Year Return

-3.7%

XCT

-31.7%

CA Infrastructure

8.5%

CA Market

Return vs Industry: XCT exceeded the Canadian Infrastructure industry which returned -31.7% over the past year.

Return vs Market: XCT underperformed the Canadian Market which returned 8.5% over the past year.


Shareholder returns

XCTIndustryMarket
7 Day0%0.6%0.3%
30 Day4.0%3.3%3.1%
90 Day-18.8%1.2%3.6%
1 Year-3.7%-3.7%-28.7%-31.7%12.1%8.5%
3 Year-83.1%-83.1%-34.0%-46.5%16.4%6.0%
5 Yearn/a-13.8%-38.0%27.3%8.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate XCT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate XCT's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: XCT 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 XCT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XCT is overvalued based on its PB Ratio (1.3x) compared to the XN Infrastructure industry average (1.1x).


Next Steps

Future Growth

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

9.9%

Forecasted Transportation 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 exactEarth 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 exactEarth performed over the past 5 years?

-23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XCT has large one-off items impacting its financial results.

Growing Profit Margin: XCT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XCT is unprofitable, and losses have increased over the past 5 years at a rate of -23% per year.

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

Earnings vs Industry: XCT is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (16.6%).


Return on Equity

High ROE: XCT has a negative Return on Equity (-369.71%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is exactEarth's financial position?


Financial Position Analysis

Short Term Liabilities: XCT's short term assets (CA$20.8M) exceeds its short term liabilities (CA$11.2M)

Long Term Liabilities: XCT's short term assets (CA$20.8M) exceeds its long term liabilities (11.4M)


Debt to Equity History and Analysis

Debt Level: XCT's debt to equity ratio (227.7%) is considered high.

Reducing Debt: XCT's debt to equity ratio has increased from 45.9% to 227.7% over the past 5 years.


Balance Sheet

Inventory Level: XCT has a low level of unsold assets or inventory.

Debt Coverage by Assets: XCT's debt is covered by short term assets (assets are 2x 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: XCT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: XCT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 37.2% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.8%industryaverage3.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate XCT'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 XCT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XCT'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 XCT'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 exactEarth's salary, the management and board of directors tenure and is there insider trading?

7.5yrs

Average board tenure


CEO

Peter Mabson (60yo)

0yrs

Tenure

CA$358,456

Compensation

Mr. Peter Kenneth Mabson serves as the Chief Executive Officer at ExactEarth Ltd., and has been its President since joining in 2009. Mr. Mabson served as Vice President of Corporate Development at COM DEV  ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD270.99K) is above average for companies of similar size in the Canadian market ($USD136.08K).

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


Board Age and Tenure

7.5yrs

Average Tenure

59yo

Average Age

Experienced Board: XCT's board of directors are considered experienced (7.5 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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Mike Pley

    Interim Chief Executive Officer of COM DEV International Ltd

    • Tenure: 0yrs
  • Peter Mabson (60yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$358.46k
  • Dave Martin (59yo)

    Vice President of Global Sales & Marketing

    • Tenure: 0yrs
    • Compensation: CA$244.19k
  • Sean Maybee (48yo)

    CFO & Secretary

    • Tenure: 4.8yrs
    • Compensation: CA$299.47k

Board Members

  • Harvey Rein (65yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: CA$37.50k
  • Eric Zahler (68yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: CA$60.00k
  • Peter Mabson (60yo)

    President

    • Tenure: 0yrs
    • Compensation: CA$358.46k
  • Miguel Angel Panduro Panadero (56yo)

    Non-Executive Director

    • Tenure: 7.5yrs
    • Compensation: CA$40.00k
  • Miguel Garcia Primo (58yo)

    Non-Executive Director

    • Tenure: 9.2yrs
    • Compensation: CA$40.00k
  • J. Lee Matheson (38yo)

    Independent Director

    • Tenure: 0.9yrs

Company Information

exactEarth Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: exactEarth Ltd.
  • Ticker: XCT
  • Exchange: TSX
  • Founded: 2009
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: CA$5.653m
  • Shares outstanding: 21.74m
  • Website: https://www.exactearth.com

Number of Employees


Location

  • exactEarth Ltd.
  • 260 Holiday Inn Dr
  • Unit 30, Building B
  • Cambridge
  • Ontario
  • N3C4E8
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XCTTSX (The Toronto Stock Exchange)YesCommon StockCACADFeb 2016
0C5DB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2016
EXRT.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2016

Biography

exactEarth Ltd. provides maritime vessel data for ship tracking and maritime situational awareness solutions worldwide. It offers exactAIS, a data service that provides access to the AIS messages captured  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/20 01:04
End of Day Share Price2019/11/19 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.