TSX:XCT

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Concerning outlook 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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.6%

XCT

1.6%

CA Infrastructure

-0.9%

CA Market


1 Year Return

220.0%

XCT

-33.7%

CA Infrastructure

-4.2%

CA Market

Return vs Industry: XCT exceeded the Canadian Infrastructure industry which returned -33.7% over the past year.

Return vs Market: XCT exceeded the Canadian Market which returned -4.2% over the past year.


Shareholder returns

XCTIndustryMarket
7 Day2.6%1.6%-0.9%
30 Day0%-0.03%1.2%
90 Day45.5%-13.3%1.4%
1 Year220.0%220.0%-31.2%-33.7%-0.7%-4.2%
3 Year-25.9%-25.9%-43.7%-54.5%6.6%-3.8%
5 Yearn/a-42.3%-58.5%34.2%13.5%

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?


In this section, we usually try to help investors determine whether exactEarth is trading at an attractive price based on the cash flow it is expected to produce in the future. But as exactEarth has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of XCT's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through exactEarth regulatory filings.
  • Explore potentially undervalued companies in the Transportation industry.

Future Growth

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

78.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XCT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: XCT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: XCT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: XCT's revenue (12% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: XCT's revenue (12% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if XCT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has exactEarth performed over the past 5 years?

5.0%

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, but has reduced losses over the past 5 years at a rate of 5% 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 (-21.2%).


Return on Equity

High ROE: XCT's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is exactEarth's financial position?


Financial Position Analysis

Short Term Liabilities: XCT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: XCT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: XCT has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: XCT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: XCT has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XCT has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.7% each year.


Next Steps

Dividend

What is exactEarth 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 recent payouts.

High Dividend: Unable to evaluate XCT'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 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?

8.4yrs

Average board tenure


CEO

Peter Mabson (61 yo)

no data

Tenure

CA$1,002,277

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 ($USD763.65K) is above average for companies of similar size in the Canadian market ($USD171.43K).

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


Board Members

NamePositionTenureCompensationOwnership
Peter Mabson
Presidentno dataCA$1.00m0.56%
CA$ 98.5k
Harvey Rein
Independent Director2.5yrsCA$71.52kno data
Eric Zahler
Independent Chairmanno dataCA$86.52k0.45%
CA$ 80.0k
Miguel Angel Panduro Panadero
Non-Executive Independent Director8.42yrsCA$40.00kno data
Miguel Garcia Primo
Non-Executive Independent Director10.08yrsCA$40.00kno data
J. Lee Matheson
Independent Director1.83yrsCA$40.00k2.72%
CA$ 480.0k

8.4yrs

Average Tenure

60yo

Average Age

Experienced Board: XCT's board of directors are considered experienced (8.4 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.


Recent Insider Transactions

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$17.639m
  • Shares outstanding: 22.05m
  • 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 identificati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 00:57
End of Day Share Price2020/10/20 00:00
Earnings2020/07/31
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.