OTCPK:OPSS.F

Stock Analysis Report

Executive Summary

Opsens Inc. develops, manufactures, installs, and sells fiber optic sensors for interventional cardiology, fractional flow reserve (FFR), oil and gas, and industrial applications.

Snowflake

Fundamentals

Reasonable growth potential with adequate balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

OPSS.F

2.0%

US Medical Equipment

1.8%

US Market


1 Year Return

10.5%

OPSS.F

13.3%

US Medical Equipment

7.3%

US Market

Return vs Industry: OPSS.F underperformed the US Medical Equipment industry which returned 13.3% over the past year.

Return vs Market: OPSS.F exceeded the US Market which returned 7.3% over the past year.


Shareholder returns

OPSS.FIndustryMarket
7 Day4.5%2.0%1.8%
30 Day11.1%-1.8%-0.7%
90 Day-1.8%-0.5%0.06%
1 Year10.5%10.5%14.2%13.3%9.7%7.3%
3 Year-38.6%-38.6%70.5%65.3%46.3%36.9%
5 Year16.1%16.1%127.0%101.8%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

4.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate OPSS.F's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate OPSS.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OPSS.F is overvalued based on its PB Ratio (4.3x) compared to the US Medical Equipment industry average (3.8x).


Next Steps

Future Growth

How is Opsens forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

96.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OPSS.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.7%).

Earnings vs Market: OPSS.F is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: OPSS.F's loss is forecast to worsen by 0% next year.

Revenue vs Market: OPSS.F's revenue (18.5% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: OPSS.F's revenue (18.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Opsens performed over the past 5 years?

-2.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OPSS.F is unprofitable, and losses have increased over the past 5 years at a rate of -2.9% per year.

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

Earnings vs Industry: OPSS.F is unprofitable, making it difficult to compare its past year earnings growth to the Medical Equipment industry (28.2%).


Return on Equity

High ROE: OPSS.F has a negative Return on Equity (-9.74%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Opsens's financial position?


Financial Position Analysis

Short Term Liabilities: OPSS.F's short term assets (CA$27.4M) exceeds its short term liabilities (CA$4.6M)

Long Term Liabilities: OPSS.F's short term assets (27.4M) exceeds its long term liabilities (7.9M)


Debt to Equity History and Analysis

Debt Level: OPSS.F's debt to equity ratio (40.2%) is considered high

Reducing Debt: OPSS.F's debt to equity ratio has increased from 36.9% to 40.2% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: OPSS.F's debt is covered by short term assets (assets are 3.617240x debt).


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: OPSS.F has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: OPSS.F has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 63.2% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

Growing Dividend: Insufficient data to determine if OPSS.F'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 OPSS.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 Opsens's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Louis Laflamme 0

6.8yrs

Tenure

CA$307,798

Compensation

Mr. Louis Laflamme, C.A, C.P.A., has been the Chief Executive Officer and President of Opsens Inc. since January 7, 2013. Mr. Laflamme’s primary mandate is to see to the operational management of the Corpo ...


CEO Compensation Analysis

Compensation vs. Market: Louis's total compensation ($USD234.35K) is about average for companies of similar size in the US market ($USD491.38K).

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


Management Age and Tenure

3.2yrs

Average Tenure

Experienced Management: OPSS.F's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

55yo

Average Age

Experienced Board: OPSS.F's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCA$4,39825 Aug 19
Alan Milinazzo
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares9,000
Max PriceCA$0.49
BuyCA$8,06425 Jul 19
Alan Milinazzo
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares14,499
Max PriceCA$0.56
BuyCA$7,09923 Jul 19
Alan Milinazzo
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares9,999
Max PriceCA$0.71
BuyCA$4,23316 Jul 19
Robin Villeneuve
EntityIndividual
Role
Chief Financial Officer
CFO & Corporate Secretary
Shares6,000
Max PriceCA$0.71
SellCA$66531 May 19
Fiera Capital Corporation
EntityCompany
Shares1,000
Max PriceCA$0.67
SellCA$111,27929 May 19
Fiera Capital Corporation
EntityCompany
Shares166,500
Max PriceCA$0.67
SellCA$1,67724 May 19
Fiera Capital Corporation
EntityCompany
Shares2,500
Max PriceCA$0.67
SellCA$94,59122 May 19
Fiera Capital Corporation
EntityCompany
Shares141,000
Max PriceCA$0.69
SellCA$69217 May 19
Fiera Capital Corporation
EntityCompany
Shares1,000
Max PriceCA$0.69
SellCA$12,10908 May 19
Fiera Capital Corporation
EntityCompany
Shares17,500
Max PriceCA$0.69
SellCA$3,49403 May 19
Fiera Capital Corporation
EntityCompany
Shares1,693,072
Max PriceCA$0.70

Ownership Breakdown


Management Team

  • Alan Milinazzo (59yo)

    Executive Chairman

    • Tenure: 0.6yrs
  • Claude Belleville

    Consultant

    • Tenure: 1.5yrs
    • Compensation: CA$252.33k
  • Louis Laflamme

    President

    • Tenure: 6.8yrs
    • Compensation: CA$307.80k
  • Gaétan Duplain

    President of Solutions & Director

    • Tenure: 13yrs
    • Compensation: CA$240.98k
  • Robin Villeneuve (52yo)

    CFO & Corporate Secretary

    • Tenure: 2.3yrs
    • Compensation: CA$218.88k
  • Pierre Poulin

    Corporate Controller

    • Tenure: 0yrs

Board Members

  • Alan Milinazzo (59yo)

    Executive Chairman

    • Tenure: 0.6yrs
  • Jean Lavigueur (58yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: CA$39.75k
  • Louis Laflamme

    President

    • Tenure: 6.8yrs
    • Compensation: CA$307.80k
  • Denis Sirois (48yo)

    Independent Director

    • Tenure: 13.6yrs
    • Compensation: CA$40.25k
  • Gaétan Duplain

    President of Solutions & Director

    • Tenure: 13yrs
    • Compensation: CA$240.98k
  • Pat MacKin (52yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: CA$26.15k
  • Denis Harrington

    Director

    • Tenure: 4.8yrs
    • Compensation: CA$30.40k

Company Information

Opsens Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Opsens Inc.
  • Ticker: OPSS.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Health Care Equipment
  • Sector: Healthcare
  • Market Cap: CA$81.099m
  • Listing Market Cap: CA$61.748m
  • Shares outstanding: 90.11m
  • Website: https://opsens.com

Number of Employees


Location

  • Opsens Inc.
  • 750, Boulevard du ParcTechnologique
  • Québec
  • Quebec
  • G1P 4S3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPSTSX (The Toronto Stock Exchange)YesCategory A SharesCACADMay 2006
OPSS.FOTCPK (Pink Sheets LLC)YesCategory A SharesUSUSDMay 2006
5OPDB (Deutsche Boerse AG)YesCategory A SharesDEEURMay 2006

Biography

Opsens Inc. develops, manufactures, installs, and sells fiber optic sensors for interventional cardiology, fractional flow reserve (FFR), oil and gas, and industrial applications. The company operates thro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 00:11
End of Day Share Price2019/10/18 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.