OTCPK:APHT.F

Stock Analysis Report

Executive Summary

Alphinat Inc. develops and markets software products that allow the implementation of self service solutions and Web based workspace.


Snowflake Analysis

Acceptable track record and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: APHT.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

APHT.F

9.6%

US Software

10.5%

US Market


1 Year Return

47.2%

APHT.F

8.0%

US Software

-11.5%

US Market

Return vs Industry: APHT.F exceeded the US Software industry which returned 8% over the past year.

Return vs Market: APHT.F exceeded the US Market which returned -11.5% over the past year.


Shareholder returns

APHT.FIndustryMarket
7 Day0%9.6%10.5%
30 Day6.5%-7.8%-15.4%
90 Dayn/a-7.1%-21.4%
1 Year47.2%47.2%9.2%8.0%-9.6%-11.5%
3 Year-60.9%-60.9%100.6%92.0%12.6%5.4%
5 Yearn/a170.4%151.5%32.8%18.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

24.07x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: APHT.F is good value based on its PE Ratio (24.1x) compared to the Software industry average (40x).

PE vs Market: APHT.F is poor value based on its PE Ratio (24.1x) compared to the US market (13x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: APHT.F has negative assets, so we can't compare its PB Ratio to the US Software industry average.


Next Steps

Future Growth

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

10.1%

Forecasted Software 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 Alphinat 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

  • Take a look at our analysis of APHT.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Alphinat's filings and announcements here.
  • Explore growth companies in the Software industry.

Past Performance

How has Alphinat performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APHT.F has high quality earnings.

Growing Profit Margin: APHT.F became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: APHT.F has become profitable over the past 5 years, growing earnings by 15.5% per year.

Accelerating Growth: APHT.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: APHT.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (18.7%).


Return on Equity

High ROE: APHT.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Alphinat's financial position?


Financial Position Analysis

Short Term Liabilities: APHT.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: APHT.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: APHT.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: APHT.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: APHT.F has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: APHT.F is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: APHT.F is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if APHT.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 APHT.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?

9.4yrs

Average board tenure


CEO

Curtis Page

1.58s

Tenure

CA$167,697

Compensation

Mr. Curtis Page has been the President and CEO of Alphinat Inc since August 17, 2018. He was Chief Operating Officer and Executive Vice-President of Alphinat Inc. since June 2008 until August 17, 2018 and  ...


CEO Compensation Analysis

Compensation vs Market: Curtis's total compensation ($USD119.16K) is below average for companies of similar size in the US market ($USD601.33K).

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


Board Members

NamePositionTenureCompensationOwnership
Curtis Page
President1.58yrsCA$167.70k5.07% CA$79.7k
Michel Lemoine
Independent Chairmanno datano data5.15% CA$80.9k
Marcel Elefant
Independent Director7.67yrsno data3.56% CA$55.9k
Benoit Ste-Marie
Independent Director11.17yrsno data4.6% CA$72.2k
Eric David
Independent Director1.17yrsno datano data

9.4yrs

Average Tenure

Experienced Board: APHT.F's board of directors are considered experienced (9.4 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 22.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Alphinat Inc.
  • Ticker: APHT.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: CA$2.210m
  • Listing Market Cap: CA$1.570m
  • Shares outstanding: 63.15m
  • Website: https://www.alphinat.com

Location

  • Alphinat Inc.
  • 2000 Peel Street
  • Suite 680
  • Montreal
  • Quebec
  • H3A 2W5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NPATSXV (TSX Venture Exchange)YesOrdinary SharesCACADApr 2005
APHT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2005

Biography

Alphinat Inc. develops and markets software products that allow the implementation of self service solutions and Web based workspace. The company offers SmartGuide, a Web-based development platform that allows business users to manage the business content and logic of an application through drag and drop tools, as well as automatically generates customizable documentation of the application being built. It also builds multi-channel applications, such as Web, cloud, and mobile applications; migrates Lotus Notes applications; offers custom portals for Amanda and Dynamics; and provides guided searches. The company serves the public sector, as well as healthcare, financial institutions, telecommunications industries in Canada, France, the United States, and internationally. Alphinat Inc. is headquartered in Montreal, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 02:31
End of Day Share Price2020/03/05 00:00
Earnings2019/11/30
Annual Earnings2019/08/31


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.