DB:4XA

Stock Analysis Report

Plymouth Rock Technologies

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

4XAIndustryMarket
7 Day28.0%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 Yearn/a-2.4%-5.6%-18.7%-25.6%
5 Yearn/a55.0%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

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

NamePositionTenureCompensationOwnership
Dana Wheeler
President1.42yrsno data4.12% CA$259.5k
Zahara Kanji-Aquino
CFO & Directorno datano datano data
Vivian Katsuris
Corporate Secretary & Director2.33yrsno data0.48% CA$30.3k
David Russell
Senior Vice President of Engineering Operationsno datano datano data

2.2yrs

Average Tenure

54yo

Average Age

Experienced Management: 4XA's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dana Wheeler
President1.42yrsno data4.12% CA$259.5k
Zahara Kanji-Aquino
CFO & Directorno datano datano data
Vivian Katsuris
Corporate Secretary & Director2.33yrsno data0.48% CA$30.3k
George Stubos
Independent Director0.33yrno data2.27% CA$143.0k
Timothy Crowhurst
Independent Director0.67yrCA$9.12kno data
Stephen Hanson
Member of Advisory Boardno datano datano data
Douglas Smith
Member of Advisory Board1.17yrsno datano data
Angelos Kostopoulos
Director1.33yrsno datano data
Stuart Harmer
Co-Founder1.17yrsno datano data
Jason Elwood
Member of Advisory Board1.17yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRTCNSX (Canadian National Stock Exchange)YesCommon SharesCACADMay 2012
PLRT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2012
4XADB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2012
4XADB (Deutsche Boerse AG)COM NPVDEEURNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 00:11
End of Day Share Price2020/03/27 00:00
Earnings2019/08/31
Annual Earnings2018/11/30


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.