OTCPK:USYN.F

Stock Analysis Report

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Executive Summary

Unisync Corp., through its subsidiaries, manufactures, and distributes garments in Canada.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Unisync's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: USYN.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

USYN.F

6.5%

US Luxury

2.4%

US Market


1 Year Return

n/a

USYN.F

8.0%

US Luxury

9.2%

US Market

Return vs Industry: Insufficient data to determine how USYN.F performed against the US Luxury industry.

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


Shareholder returns

USYN.FIndustryMarket
7 Day0%6.5%2.4%
30 Day50.5%21.9%10.2%
90 Dayn/a9.5%3.4%
1 Yearn/a9.4%8.0%11.6%9.2%
3 Yearn/a64.0%56.4%33.7%24.9%
5 Yearn/a40.8%31.4%59.7%41.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Unisync undervalued compared to its fair value and its price relative to the market?

1.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: USYN.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 USYN.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: USYN.F is overvalued based on its PB Ratio (1.4x) compared to the US Luxury industry average (1x).


Next Steps

Future Growth

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

5.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if USYN.F's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if USYN.F's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: USYN.F's revenue (5.5% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: USYN.F's revenue (5.5% 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 USYN.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Unisync performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USYN.F is currently unprofitable.

Growing Profit Margin: USYN.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: USYN.F is unprofitable, but has reduced losses over the past 5 years at a rate of 0.7% per year.

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

Earnings vs Industry: USYN.F is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-10.8%).


Return on Equity

High ROE: USYN.F has a negative Return on Equity (-3.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is Unisync's financial position?


Financial Position Analysis

Short Term Liabilities: USYN.F's short term assets (CA$63.8M) exceed its short term liabilities (CA$49.6M).

Long Term Liabilities: USYN.F's short term assets (CA$63.8M) exceed its long term liabilities (CA$16.3M).


Debt to Equity History and Analysis

Debt Level: USYN.F's debt to equity ratio (113.4%) is considered high.

Reducing Debt: USYN.F's debt to equity ratio has reduced from 157% to 113.4% over the past 5 years.

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

Interest Coverage: USYN.F is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate USYN.F'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 USYN.F's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: USYN.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 USYN.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Matt Graham

1.17yrs

Tenure

CA$484,747

Compensation

Mr. Matthew Graham, also known as Matt, serves as Chief Executive Officer of Unisync Corp since April 19, 2019. Mr. Graham's most recent role as CEO and Director of a large Australian Uniform company saw h ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD355.76K) is below average for companies of similar size in the US market ($USD593.36K).

Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Douglas Good
Executive Chairman of the Board3.25yrsCA$265.00k4.02% CA$1.3m
Matthew Graham
Chief Executive Officer1.17yrsCA$484.75kno data
Richard Smith
Chief Financial Officer5.75yrsCA$275.00kno data
Susan Clarke
Vice President of Sales0.25yrno datano data
David Fralick
Senior VP of Distribution IT/IS & Chief Information Security Officer of Unisync Group Limited0.58yrno datano data
Albert Tassi
CEO & President of Peerless14.42yrsCA$389.03kno data

1.2yrs

Average Tenure

67yo

Average Age

Experienced Management: USYN.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Douglas Good
Executive Chairman of the Board3.25yrsCA$265.00k4.02% CA$1.3m
Bruce Aunger
Independent Director14.58yrsCA$52.00k0.61% CA$203.0k
Charles O'Brian
Independent Director13.58yrsCA$48.00k1.73% CA$576.0k
Darryl Eddy
Independent Director9yrsCA$64.00kno data
Joel McLean
Independent Director5.75yrsCA$48.00k0.14% CA$46.4k
Christian Turgeon
Independent Director1.67yrsCA$48.00kno data

7.4yrs

Average Tenure

Experienced Board: USYN.F's board of directors are considered experienced (7.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Unisync Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Unisync Corp.
  • Ticker: USYN.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: CA$45.410m
  • Listing Market Cap: CA$33.327m
  • Shares outstanding: 18.69m
  • Website: https://www.unisyncgroup.com

Number of Employees


Location

  • Unisync Corp.
  • 885 West Georgia Street
  • Suite 1328
  • Vancouver
  • British Columbia
  • V6B 5A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UNITSX (The Toronto Stock Exchange)YesClass B Common SharesCACADAug 1988
USYN.FOTCPK (Pink Sheets LLC)YesClass B Common SharesUSUSDAug 1988

Biography

Unisync Corp., through its subsidiaries, manufactures, and distributes garments in Canada. It operates through Peerless and UGL segments. The company provides a line of flame-resistant work clothing under the DewLine Coveralls brand; leather wear; cold/wet weather outerwear garments under the Parkas brand name to government organizations, including the armed forces, parks and forestry staff, RCMP, and other users; and duty gear, footwear, and other accessories to fire, emergency medical services, and police and security sectors under the Carleton brand name. It also offers heavy-duty workwear, insulated coverall, rugged workwear, outerwear, and rainwear apparel for small and large distribution companies, security firms, and corporations in the oil and gas industry, electrical utilities, and government institutions under the Hammill brand name. In addition, the company provides corporate apparel under the York brand name; servicewear shirts and pants for law enforcement, fire, emergency medical, security, and correctional personnel under the Rapier brand; and stealth suits under the Gore-Tex brand to various DND departments, paramilitary, and police departments. Further, it designs, manufactures, and distributes corporate, public safety, and military uniforms under the Red the Uniform Tailor brand; offers security tools and accessories; and provides promotional product services under the ShowroomOne brand name. The company was formerly known as ComWest Enterprise Corp. and changed its name to Unisync Corp. in August 2014. Unisync Corp. 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 Analysis2020/06/02 04:57
End of Day Share Price2020/05/22 00:00
Earnings2020/03/31
Annual Earnings2019/09/30


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.