Executive Summary
Plymouth Rock Technologies Inc., through its subsidiary, Plymouth Rock USA, focuses on developing security screening and threat detection technology solutions using radar imaging and signal processing technology.
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Plymouth Rock Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4XA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
28.0%
4XA
4.2%
DE Electronic
7.3%
DE Market
1 Year Return
-61.9%
4XA
-26.3%
DE Electronic
-17.7%
DE Market
Return vs Industry: 4XA underperformed the German Electronic industry which returned -26.3% over the past year.
Return vs Market: 4XA underperformed the German Market which returned -17.7% over the past year.
Shareholder returns
| 4XA | Industry | Market | |
|---|---|---|---|
| 7 Day | 28.0% | 4.2% | 7.3% |
| 30 Day | -40.7% | -20.8% | -17.9% |
| 90 Day | -51.5% | -24.0% | -25.8% |
| 1 Year | -61.9%-61.9% | -24.8%-26.3% | -15.1%-17.7% |
| 3 Year | n/a | -2.4%-5.6% | -18.7%-25.6% |
| 5 Year | n/a | 55.0%43.6% | -17.7%-29.0% |
Price Volatility Vs. Market
How volatile is Plymouth Rock Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Plymouth Rock Technologies undervalued compared to its fair value and its price relative to the market?
3.76x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 4XA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 4XA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 4XA is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 4XA is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4XA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4XA is overvalued based on its PB Ratio (3.8x) compared to the DE Electronic industry average (1.1x).
Next Steps
Future Growth
How is Plymouth Rock Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.2%
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 Plymouth Rock Technologies 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
- Examine Plymouth Rock Technologies'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.
- Plymouth Rock Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Plymouth Rock Technologies performed over the past 5 years?
-67.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4XA is currently unprofitable.
Growing Profit Margin: 4XA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 4XA is unprofitable, and losses have increased over the past 5 years at a rate of -67.4% per year.
Accelerating Growth: Unable to compare 4XA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 4XA is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.4%).
Return on Equity
High ROE: 4XA has a negative Return on Equity (-94.42%), as it is currently unprofitable.
Next Steps
Financial Health
How is Plymouth Rock Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 4XA's short term assets (CA$1.4M) exceed its short term liabilities (CA$164.3K).
Long Term Liabilities: 4XA's short term assets (CA$1.4M) exceed its long term liabilities (CA$245.7K).
Debt to Equity History and Analysis
Debt Level: 4XA is debt free.
Reducing Debt: 4XA had no debt 5 years ago.
Balance Sheet
Inventory Level: 4XA has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 4XA's debt is covered by short term assets.
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: 4XA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4XA has less than a year of cash runway if free cash flow continues to reduce at historical rates of -59.4% each year
Next Steps
Dividend
What is Plymouth Rock Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 4XA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 4XA'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 4XA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 4XA'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 4XA's dividend in 3 years as they are not forecast to pay a notable one for the German market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Dana Wheeler (60yo)
1.42s
Tenure
Mr. Dana E. Wheeler has been Chief Executive Officer, President and Director of Plymouth Rock Technologies Inc. since October 30, 2018. Mr. Wheeler served as General Manager and Senior Vice President of Mi ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.42yrs | no data | 4.12% CA$259.5k | |
| CFO & Director | no data | no data | no data | |
| Corporate Secretary & Director | 2.33yrs | no data | 0.48% CA$30.3k | |
| Senior Vice President of Engineering Operations | no data | no data | no data |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Management: 4XA's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.42yrs | no data | 4.12% CA$259.5k | |
| CFO & Director | no data | no data | no data | |
| Corporate Secretary & Director | 2.33yrs | no data | 0.48% CA$30.3k | |
| Independent Director | 0.33yr | no data | 2.27% CA$143.0k | |
| Independent Director | 0.67yr | CA$9.12k | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | 1.17yrs | no data | no data | |
| Director | 1.33yrs | no data | no data | |
| Co-Founder | 1.17yrs | no data | no data | |
| Member of Advisory Board | 1.17yrs | no data | no data |
1.2yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 4XA's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 47.9%.
Top Shareholders
Company Information
Plymouth Rock Technologies Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Plymouth Rock Technologies Inc.
- Ticker: 4XA
- Exchange: DB
- Founded:
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$9.839m
- Listing Market Cap: CA$6.305m
- Shares outstanding: 32.80m
- Website: https://www.plyrotech.com
Location
- Plymouth Rock Technologies Inc.
- 300 - 2015 Burrard Street
- Vancouver
- British Columbia
- V6J 3H4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PRT | CNSX (Canadian National Stock Exchange) | Yes | Common Shares | CA | CAD | May 2012 |
| PLRT.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | May 2012 |
| 4XA | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | May 2012 |
| 4XA | DB (Deutsche Boerse AG) | COM NPV | DE | EUR | Nov 2018 |
Biography
Plymouth Rock Technologies Inc., through its subsidiary, Plymouth Rock USA, focuses on developing security screening and threat detection technology solutions using radar imaging and signal processing technology. Its technologies include millimeter remote imaging system from airborne drone, a RF sensor package that is designed for use on unmanned aerial vehicles; compact microwave radar systems for scanning shoe’s; and Wi-Fi radar techniques for threat detection screening in Wi-Fi enabled zones in buildings and places, such as airports, shopping malls, schools, and sports venues. Plymouth Rock Technologies Inc. is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 00:11 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2018/11/30 |
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.