OTCPK:IPKS.F

Stock Analysis Report

International Parkside Products

Executive Summary

International Parkside Products Inc. produces and markets optical and screen cleaning products in North America, Europe, Japan and rest of Asia, Russia, Australia, New Zealand, and internationally.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Share Price & News

How has International Parkside Products's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

IPKS.F

2.8%

US Consumer Durables

1.0%

US Market


1 Year Return

n/a

IPKS.F

45.9%

US Consumer Durables

8.0%

US Market

Return vs Industry: Insufficient data to determine how IPKS.F performed against the US Consumer Durables industry.

Return vs Market: Insufficient data to determine how IPKS.F performed against the US Market.


Shareholder returns

IPKS.FIndustryMarket
7 Day0%2.8%1.0%
30 Day-1.9%7.1%-0.07%
90 Dayn/a16.0%-1.0%
1 Yearn/a47.9%45.9%10.4%8.0%
3 Yearn/a31.3%25.2%46.2%36.7%
5 Yearn/a39.9%30.9%64.3%46.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is International Parkside Products undervalued compared to its fair value and its price relative to the market?

1.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: IPKS.F is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: IPKS.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IPKS.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IPKS.F is good value based on its PB Ratio (1.1x) compared to the US Consumer Durables industry average (1.6x).


Next Steps

Future Growth

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

49.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: Insufficient data to determine if IPKS.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if IPKS.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has International Parkside Products performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IPKS.F is unprofitable, but has reduced losses over the past 5 years at a rate of 15.5% per year.

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

Earnings vs Industry: IPKS.F is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (13.5%).


Return on Equity

High ROE: IPKS.F has a negative Return on Equity (-15.3%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: IPKS.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: IPKS.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is International Parkside Products's financial position?


Financial Position Analysis

Short Term Liabilities: IPKS.F's short term assets (CA$2.0M) exceeds its short term liabilities (CA$1.3M)

Long Term Liabilities: IPKS.F's short term assets (2.0M) exceeds its long term liabilities (96.0K)


Debt to Equity History and Analysis

Debt Level: IPKS.F's debt to equity ratio (30.5%) is considered satisfactory

Reducing Debt: Insufficient data to determine if IPKS.F's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IPKS.F's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if IPKS.F's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: IPKS.F's debt is covered by short term assets (assets are 5.559310x debt).


Next Steps

Dividend

What is International Parkside Products's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate IPKS.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if IPKS.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IPKS.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IPKS.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IPKS.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of International Parkside Products's salary, the management and board of directors tenure and is there insider trading?

9.8yrs

Average board tenure


CEO

Murray Keating 0

11.8yrs

Tenure

CA$183,019

Compensation

Mr. Murray Keating has been the Chief Executive Officer and President of International Parkside Products Inc. since January 11, 2008 and has been Consultant since 1991. Since 1984, Mr. Keating has been a c ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Murray's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Murray's compensation has been consistent with company performance over the past year.


Board Age and Tenure

9.8yrs

Average Tenure

Experienced Board: IPKS.F's board of directors are considered experienced (9.8 years average tenure).


Insider Trading

Insider Buying: IPKS.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyCA$45717 Oct 19
Murray Keating
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares8,000
Max PriceCA$0.057
BuyCA$28305 Sep 19
Murray Keating
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares5,000
Max PriceCA$0.057
BuyCA$97125 Jul 19
Murray Keating
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares15,000
Max PriceCA$0.065
BuyCA$29315 Feb 19
Ryan Keating
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceCA$0.10

Ownership Breakdown


Management Team

  • Yang Yu

    Managing Director of Asian Operations

    • Tenure: 0yrs
    • Compensation: CA$79.80k
  • Murray Keating

    CEO, President & Director

    • Tenure: 11.8yrs
    • Compensation: CA$183.02k
  • Mindy Sirsiris

    CFO & Corporate Secretary

    • Tenure: 12.7yrs
    • Compensation: CA$120.46k

Board Members

  • Peter Henricsson (67yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: CA$7.00k
  • Arka Chorbajian

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: CA$7.00k
  • Murray Keating

    CEO, President & Director

    • Tenure: 11.8yrs
    • Compensation: CA$183.02k
  • Ryan Keating

    Director

    • Tenure: 7.9yrs
    • Compensation: CA$131.72k

Company Information

International Parkside Products Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: International Parkside Products Inc.
  • Ticker: IPKS.F
  • Exchange: OTCPK
  • Founded: 1983
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: CA$1.215m
  • Listing Market Cap: CA$928.515k
  • Shares outstanding: 16.20m
  • Website: https://www.lenspen.com

Location

  • International Parkside Products Inc.
  • 375 Water Street
  • Suite 650
  • Vancouver
  • British Columbia
  • V6B 5C6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IPDTSXV (TSX Venture Exchange)YesCommon SharesCACADJul 1989
IPKS.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1989

Biography

International Parkside Products Inc. produces and markets optical and screen cleaning products in North America, Europe, Japan and rest of Asia, Russia, Australia, New Zealand, and internationally. The com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:25
End of Day Share Price2019/09/25 00:00
Earnings2019/04/30
Annual Earnings2018/07/31


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.