TSX:XCT

Stock Analysis Report

Executive Summary

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


Snowflake Analysis

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

32.6%

XCT

34.4%

CA Infrastructure

4.5%

CA Market


1 Year Return

-36.0%

XCT

-47.6%

CA Infrastructure

-24.5%

CA Market

Return vs Industry: XCT exceeded the Canadian Infrastructure industry which returned -47.6% over the past year.

Return vs Market: XCT underperformed the Canadian Market which returned -24.5% over the past year.


Shareholder returns

XCTIndustryMarket
7 Day32.6%34.4%4.5%
30 Day-16.2%-33.4%-20.1%
90 Day5.6%-43.6%-24.9%
1 Year-36.0%-36.0%-44.4%-47.6%-22.0%-24.5%
3 Year-79.9%-79.9%-55.0%-64.6%-14.2%-22.2%
5 Yearn/a-51.6%-65.9%-1.9%-16.5%

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?

3.93x

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 (3.9x) compared to the XN Infrastructure industry average (0.7x).


Next Steps

Future Growth

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

11.2%

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?

-10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XCT is currently unprofitable.

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 -10% 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 (2.4%).


Return on Equity

High ROE: XCT has a negative Return on Equity (-498.79%), as it is currently unprofitable.


Next Steps

Financial Health

How is exactEarth's financial position?


Financial Position Analysis

Short Term Liabilities: XCT's short term assets (CA$15.1M) exceed its short term liabilities (CA$8.2M).

Long Term Liabilities: XCT's short term assets (CA$15.1M) exceed its long term liabilities (CA$11.9M).


Debt to Equity History and Analysis

Debt Level: XCT's debt to equity ratio (660.3%) is considered high.

Reducing Debt: XCT's debt to equity ratio has increased from 49.9% to 660.3% over the past 5 years.


Balance Sheet

Inventory Level: XCT has a high level of physical assets or inventory.

Debt Coverage by Assets: XCT's debt is covered by short term assets (assets are 1.5x 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 a year based on its current free cash flow.

Forecast Cash Runway: XCT has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 3.5% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

How experienced are the management team and are they aligned to shareholders interests?

7.8yrs

Average board tenure


CEO

Peter Mabson (60yo)

no data

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 ($USD253.52K) is above average for companies of similar size in the Canadian market ($USD159.13K).

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


Board Members

NamePositionTenureCompensationOwnership
Peter Mabson
Presidentno dataCA$358.46k0.29% CA$18.1k
Harvey Rein
Independent Director1.83yrsCA$37.50kno data
Eric Zahler
Independent Chairmanno dataCA$60.00k0.46% CA$28.5k
Miguel Angel Panduro Panadero
Non-Executive Director7.83yrsCA$40.00kno data
Miguel Garcia Primo
Non-Executive Director9.42yrsCA$40.00kno data
J. Lee Matheson
Independent Director1.25yrsno datano data

7.8yrs

Average Tenure

59yo

Average Age

Experienced Board: XCT's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

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$6.198m
  • Shares outstanding: 21.75m
  • Website: https://www.exactearth.com

Number of Employees


Location

  • exactEarth Ltd.
  • Building B
  • Unit 30
  • 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 automatic identification system (AIS) messages captured by the exactView satellite constellation; exactAIS Archive, which gives customers access to the satellite AIS historical data; and exactEarth ShipView, a Web-based viewing tool that allows users to see all the ship positions. The company also provides exactAIS Geospatial Web Services that allows access to its exactAIS data; exactAIS Density Maps, which deliver vessel pattern analysis by transforming AIS messages into individual geospatial data points; exactTrax service that racks fishing boats and small commercial vessels; exactView RT, real-time global satellite-AIS service; and exactAIS Insight, which combines a robust analytics engine with the comprehensive vessel movement dataset. Its products are used in the defense and security, search and rescue, fleet management, financial services, oil and gas, logistics and supply chain, illegal fishing, global vessel monitoring, and environmental protection applications. The company was formerly known as COM DEV Space Systems Ltd. and changed its name to exactEarth Ltd. in June 2009. exactEarth Ltd. was founded in 2009 and is headquartered in Cambridge, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 03:47
End of Day Share Price2020/03/27 00:00
Earnings2020/01/31
Annual Earnings2019/10/31


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.