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Kinaxis

OTCPK:KXSC.F
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KXSC.F
OTCPK
CA$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. The last earnings update was 23 days ago. More info.


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  • Kinaxis has significant price volatility in the past 3 months.
KXSC.F Share Price and Events
7 Day Returns
5.2%
OTCPK:KXSC.F
1.4%
US Software
0.4%
US Market
1 Year Returns
-10.2%
OTCPK:KXSC.F
26.7%
US Software
3.5%
US Market
KXSC.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kinaxis (KXSC.F) 5.2% -3.2% 20.2% -10.2% 106.9% -
US Software 1.4% 5.2% 22.7% 26.7% 110.9% 140.1%
US Market 0.4% 1.6% 16.4% 3.5% 39.4% 44%
1 Year Return vs Industry and Market
  • KXSC.F underperformed the Software industry which returned 26.7% over the past year.
  • KXSC.F underperformed the Market in United States of America which returned 3.5% over the past year.
Price Volatility
KXSC.F
Industry
5yr Volatility vs Market
Related Companies

KXSC.F Value

 Is Kinaxis undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Kinaxis to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Kinaxis.

OTCPK:KXSC.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:KXSC.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 26.5%) (0.58%))
1.098
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.098 * 5.96%)
9.27%

Discounted Cash Flow Calculation for OTCPK:KXSC.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kinaxis is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:KXSC.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.27%)
2019 46.85 Analyst x4 42.88
2020 50.95 Analyst x4 42.67
2021 54.35 Est @ 6.67% 41.66
2022 57.33 Est @ 5.49% 40.21
2023 60.01 Est @ 4.66% 38.52
2024 62.46 Est @ 4.08% 36.69
2025 64.75 Est @ 3.68% 34.81
2026 66.95 Est @ 3.39% 32.94
2027 69.09 Est @ 3.19% 31.10
2028 71.20 Est @ 3.05% 29.33
Present value of next 10 years cash flows $370.80
OTCPK:KXSC.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $71.20 × (1 + 2.73%) ÷ (9.27% – 2.73%)
$1,117.96
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,117.96 ÷ (1 + 9.27%)10
$460.59
OTCPK:KXSC.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $370.80 + $460.59
$831.39
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $831.39 / 26.08
$42.43
OTCPK:KXSC.F Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:KXS)
1.341
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $31.87 x 1.341
CA$42.73
Non-primary Listing Adjustment Factor 1 share in OTCPK:KXSC.F represents 0.75128x of TSX:KXS
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.75128x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 42.73 x 0.75128
$32.10
Value per share (USD) From above. $32.10
Current discount Discount to share price of $58.84
= -1 x ($58.84 - $32.10) / $32.10
-83.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Kinaxis is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kinaxis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kinaxis's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:KXSC.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.56
TSX:KXS Share Price ** TSX (2019-03-22) in CAD CA$78.32
TSX:KXS Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $58.42
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.88x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kinaxis.

OTCPK:KXSC.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:KXS Share Price ÷ EPS (both in USD)

= 58.42 ÷ 0.56

104.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kinaxis is overvalued based on earnings compared to the US Software industry average.
  • Kinaxis is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Kinaxis's expected growth come at a high price?
Raw Data
OTCPK:KXSC.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 104.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
25.7%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:KXSC.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 104.69x ÷ 25.7%

4.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kinaxis is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Kinaxis's assets?
Raw Data
OTCPK:KXSC.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $7.08
TSX:KXS Share Price * TSX (2019-03-22) in CAD CA$78.32
TSX:KXS Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.746 $58.42
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.79x
United States of America Market PB Ratio Median Figure of 5,157 Publicly-Listed Companies 1.88x
OTCPK:KXSC.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:KXS Share Price ÷ Book Value per Share (both in USD)

= 58.42 ÷ 7.08

8.25x

* Primary Listing of Kinaxis.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kinaxis is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess Kinaxis's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Kinaxis has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KXSC.F Future Performance

 How is Kinaxis expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
25.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kinaxis expected to grow at an attractive rate?
  • Kinaxis's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Kinaxis's earnings growth is expected to exceed the United States of America market average.
  • Kinaxis's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:KXSC.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:KXSC.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 25.7%
OTCPK:KXSC.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 17.4%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:KXSC.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:KXSC.F Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 277 1
2020-12-31 220 58 24 12
2019-12-31 187 47 18 12
OTCPK:KXSC.F Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 151 28 14
2018-09-30 147 34 17
2018-06-30 144 36 20
2018-03-31 138 34 22
2017-12-31 133 34 20
2017-09-30 129 38 17
2017-06-30 126 33 13
2017-03-31 121 33 11
2016-12-31 116 31 11
2016-09-30 110 23 10
2016-06-30 104 30 12
2016-03-31 99 30 14

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kinaxis's earnings are expected to grow significantly at over 20% yearly.
  • Kinaxis's revenue is expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:KXSC.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Kinaxis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:KXSC.F Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 0.89 1.19 0.64 6.00
2019-12-31 0.68 0.91 0.55 6.00
OTCPK:KXSC.F Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.56
2018-09-30 0.66
2018-06-30 0.80
2018-03-31 0.85
2017-12-31 0.81
2017-09-30 0.68
2017-06-30 0.52
2017-03-31 0.43
2016-12-31 0.44
2016-09-30 0.41
2016-06-30 0.48
2016-03-31 0.57

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Kinaxis is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Kinaxis's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kinaxis has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KXSC.F Past Performance

  How has Kinaxis performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kinaxis's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kinaxis has delivered over 20% year on year earnings growth in the past 5 years.
  • Kinaxis's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Kinaxis's 1-year earnings growth is negative, it can't be compared to the US Software industry average.
Earnings and Revenue History
Kinaxis's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kinaxis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:KXSC.F Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 150.73 14.41 55.22 27.63
2018-09-30 146.85 16.97 51.27 26.13
2018-06-30 143.75 20.34 47.14 25.70
2018-03-31 137.62 21.71 44.72 24.22
2017-12-31 133.32 20.38 43.14 23.69
2017-09-30 129.16 16.61 43.32 23.58
2017-06-30 125.59 13.00 43.80 23.28
2017-03-31 121.46 10.60 43.59 22.14
2016-12-31 115.95 10.75 41.63 20.65
2016-09-30 109.88 10.32 38.38 18.85
2016-06-30 103.62 11.70 34.21 17.04
2016-03-31 98.59 13.66 29.52 16.26
2015-12-31 91.27 12.68 26.52 15.20
2015-09-30 85.90 11.98 25.64 14.86
2015-06-30 79.92 10.68 24.26 14.53
2015-03-31 74.14 0.21 24.91 14.14
2014-12-31 70.05 -0.22 23.61 13.43
2014-09-30 67.55 -1.65 21.56 12.51
2014-06-30 65.32 -6.94 21.55 10.70
2014-03-31 63.11 -5.20 20.91 9.10
2013-12-31 60.82 -9.72 21.45 8.17
2012-12-31 46.67 4.94 18.41 7.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Kinaxis has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kinaxis used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • Kinaxis's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kinaxis's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kinaxis has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KXSC.F Health

 How is Kinaxis's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kinaxis's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kinaxis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kinaxis's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kinaxis's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 28.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kinaxis Company Filings, last reported 2 months ago.

OTCPK:KXSC.F Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 184.68 8.88 181.55
2018-09-30 178.18 12.71 176.08
2018-06-30 170.22 13.22 174.58
2018-03-31 159.51 11.75 166.63
2017-12-31 124.79 0.00 158.53
2017-09-30 116.58 0.00 151.44
2017-06-30 107.74 0.00 150.43
2017-03-31 97.77 0.00 141.99
2016-12-31 87.71 0.00 127.91
2016-09-30 83.95 0.00 111.66
2016-06-30 78.25 0.00 114.84
2016-03-31 71.69 0.00 108.35
2015-12-31 65.60 0.00 99.39
2015-09-30 62.23 0.00 90.63
2015-06-30 56.79 0.00 85.17
2015-03-31 50.16 0.00 78.76
2014-12-31 46.64 0.00 56.73
2014-09-30 45.12 0.00 55.93
2014-06-30 41.77 0.00 50.45
2014-03-31 -70.36 84.31 19.19
2013-12-31 -73.58 79.14 13.80
2012-12-31 49.01 0.06 48.80
  • Kinaxis's level of debt (4.8%) compared to net worth is satisfactory (less than 40%).
  • Kinaxis had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (314.3%, greater than 20% of total debt).
  • Kinaxis earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Kinaxis's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kinaxis has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KXSC.F Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Kinaxis dividends. Estimated to be 0% next year.
If you bought $2,000 of Kinaxis shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Kinaxis's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kinaxis's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:KXSC.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2006 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:KXSC.F Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Kinaxis has not reported any payouts.
  • Unable to verify if Kinaxis's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kinaxis's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kinaxis has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Kinaxis's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Kinaxis's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kinaxis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kinaxis has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KXSC.F Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Sicard
COMPENSATION $2,895,430
AGE 55
TENURE AS CEO 3.2 years
CEO Bio

Mr. John Ernest Sicard has been the Chief Executive Officer and President of Kinaxis Inc. since January 1, 2016. Mr. Sicard joined Kinaxis in 1994. He served as the Chief Products Officer of Kinaxis Inc. until January 1, 2016. Mr. Sicard served as the Chief Strategy Officer at Kinaxis Inc. until January 2, 2016 and also served as its Chief Operating Officer since February 2011 and served as its Executive Vice President of Marketing Development & Service Operations. He served as an Executive Vice President of Development & Service Operations at Kinaxis Inc. and also served as its Vice President for Customer Services. Mr. Sicard spent seven years helping to build a number of key functional areas at Kinaxis. Previous positions included Team Leader, User Interface Design, where he played a key role in developing the Windows-based user interface for Kinaxis solutions and Senior Manufacturing Consultant (pre-sales), where he led the successful deployment of the first Kinaxis Web-native product. He directed the 'Business Process Improvement' initiatives with major accounts, including Northern Telecom, Lucent Technologies, Teradyne and AlliedSignal Aerospace. He ensures a fully integrated customer support lifecycle that begins with developing tailored solutions and continues with delivering ongoing services. Before Kinaxis, he held senior software design positions in research and development at Enterprise Planning Systems and FastMAN Software Systems, Inc. He has been a Director of Kinaxis Inc. since January 2, 2016. He has been an Independent Director of Orthofix International N.V. since March 12, 2018. In 2017, Mr. Sicard was recognized as the Entrepreneur of the Year for Ontario Canada by EY, a global professional services organization. Mr. Sicard earned a Bachelor of Computer Science, General Science Option, from Concordia University, Montreal, Canada, which included a strong software development curriculum and the Harvard Business School Advanced Management Program.

CEO Compensation
  • John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • John's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Kinaxis management team in years:

3.2
Average Tenure
  • The tenure for the Kinaxis management team is about average.
Management Team

John Sicard

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
55
TENURE
3.2 yrs

Richard Monkman

TITLE
CFO, VP of Corporate Services & Corporate Secretary
COMPENSATION
$1M
TENURE
13.4 yrs

David Kelly

TITLE
Executive Vice President of Professional Services
COMPENSATION
$828K
TENURE
3.2 yrs

Paul Carreiro

TITLE
Chief Revenue Officer
COMPENSATION
$4M
TENURE
1.4 yrs

Duncan Klett

TITLE
Co-Founder
TENURE
35.2 yrs

Rick Wadsworth

TITLE
Vice President Investor Relations

Jay Muelhoefer

TITLE
Chief Marketing Officer
AGE
46
TENURE
1 yrs

Megan Paterson

TITLE
Chief Human Resources Officer
TENURE
4.2 yrs

Andrew McDonald

TITLE
Chief Product Officer
TENURE
0.4 yrs

Anne Robinson

TITLE
Chief Strategy Officer
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Kinaxis board of directors in years:

2.3
Average Tenure
59
Average Age
  • The average tenure for the Kinaxis board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ian Giffen

TITLE
Chairman of the Board
COMPENSATION
$198K
AGE
61
TENURE
0.8 yrs

John Sicard

TITLE
CEO, President & Director
COMPENSATION
$3M
AGE
55
TENURE
3.2 yrs

Angel Mendez

TITLE
Independent Director
COMPENSATION
$198K
AGE
57
TENURE
3.2 yrs

Jill Denham

TITLE
Independent Director
COMPENSATION
$198K
AGE
57
TENURE
2.6 yrs

Andrew Gort

TITLE
Member of Strategic Advisory Council
AGE
64

Bob Courteau

TITLE
Independent Director
COMPENSATION
$198K
AGE
62
TENURE
2.3 yrs

Pamela Passman

TITLE
Director
TENURE
0.6 yrs

Kelly Thomas

TITLE
Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • Kinaxis insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Mar 19 Sell Paul Carreiro Individual 07. Mar 19 07. Mar 19 -1,500 $54.86 $-82,297
21. Dec 18 Sell Richard Monkman Individual 21. Dec 18 21. Dec 18 -2,000 $47.76 $-95,520
19. Nov 18 Buy Paul Carreiro Individual 16. Nov 18 16. Nov 18 1,100 $51.09 $56,199
15. Nov 18 Buy Paul Carreiro Individual 14. Nov 18 14. Nov 18 1,500 $49.69 $74,535
15. Nov 18 Buy John Giffen Individual 15. Nov 18 15. Nov 18 3,000 $49.19 $147,581
13. Nov 18 Buy John Sicard Individual 13. Nov 18 13. Nov 18 5,000 $51.21 $255,967
13. Nov 18 Buy Richard Monkman Individual 13. Nov 18 13. Nov 18 3,155 $52.07 $164,291
13. Aug 18 Sell John Sicard Individual 13. Aug 18 13. Aug 18 -5,000 $74.69 $-373,427
17. May 18 Sell John Sicard Individual 16. May 18 16. May 18 -10,000 $64.77 $-647,689
X
Management checks
We assess Kinaxis's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kinaxis has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KXSC.F News

Simply Wall St News

KXSC.F Company Info

Description

Kinaxis Inc. provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. The company offers RapidResponse, which provide supply chain planning and analytics capabilities for managing various supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment, capacity planning, and master scheduling, as well as sales and operations planning process. It also provides professional services, such as implementation, technical, and training services, as well as maintenance and support services to its software products. The company serves enterprises operating in various industries, including aerospace and defense, automotive, consumer products, high tech and electronics, industrial, life sciences, and pharmaceuticals. The company was formerly known as webPLAN Inc. and changed its name to Kinaxis Inc. in May 2005. Kinaxis Inc. was founded in 1984 and is headquartered in Ottawa, Canada.

Details
Name: Kinaxis Inc.
KXSC.F
Exchange: OTCPK
Founded: 1984
CA$1,523,848,785
26,084,431
Website: http://www.kinaxis.com
Address: Kinaxis Inc.
700 Silver Seven Road,
Ottawa,
Ontario, K2V 1C3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX KXS Common Shares The Toronto Stock Exchange CA CAD 10. Jun 2014
OTCPK KXSC.F Common Shares Pink Sheets LLC US USD 10. Jun 2014
DB 9KX Common Shares Deutsche Boerse AG DE EUR 10. Jun 2014
Number of employees
Current staff
Staff numbers
569
Kinaxis employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/23 00:29
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2019/02/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.