Kinaxis Inc.

OTCPK:KXSC.F Stock Report

Market Cap: US$3.4b

Kinaxis Valuation

Is KXSC.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KXSC.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KXSC.F ($120.61) is trading below our estimate of fair value ($199.87)

Significantly Below Fair Value: KXSC.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KXSC.F?

Key metric: As KXSC.F is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for KXSC.F. This is calculated by dividing KXSC.F's market cap by their current revenue.
What is KXSC.F's PS Ratio?
PS Ratio7.3x
SalesUS$471.17m
Market CapUS$3.43b

Price to Sales Ratio vs Peers

How does KXSC.F's PS Ratio compare to its peers?

The above table shows the PS ratio for KXSC.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.3x
DV DoubleVerify Holdings
5.3x12.9%US$3.4b
AVPT AvePoint
11x17.6%US$3.5b
ASAN Asana
5.2x12.6%US$3.6b
AYX Alteryx
3.6x10.3%US$3.5b
KXSC.F Kinaxis
7.3x12.9%US$4.8b

Price-To-Sales vs Peers: KXSC.F is expensive based on its Price-To-Sales Ratio (7.3x) compared to the peer average (6.3x).

Price to Sales Ratio vs Industry

How does KXSC.F's PS Ratio compare vs other companies in the US Software Industry?

80 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.6x-23.2%US$2.12b
PGY Pagaya Technologies
0.7x15.8%US$704.88m
EGHT 8x8
0.6x1.1%US$397.21m
XPER Xperi
0.8x1.8%US$390.47m
KXSC.F 7.3xIndustry Avg. 5.3xNo. of Companies80PS048121620+
80 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: KXSC.F is expensive based on its Price-To-Sales Ratio (7.3x) compared to the US Software industry average (5.3x).

Price to Sales Ratio vs Fair Ratio

What is KXSC.F's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KXSC.F PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.3x
Fair PS Ratio4.1x

Price-To-Sales vs Fair Ratio: KXSC.F is expensive based on its Price-To-Sales Ratio (7.3x) compared to the estimated Fair Price-To-Sales Ratio (4.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KXSC.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$120.61
US$138.75
+15.0%
8.7%US$161.46US$112.00n/a12
Nov ’25US$118.61
US$138.82
+17.0%
8.7%US$161.46US$112.00n/a12
Oct ’25US$117.04
US$140.59
+20.1%
10.6%US$165.53US$109.70n/a12
Sep ’25US$107.98
US$140.16
+29.8%
10.8%US$167.18US$109.70n/a12
Aug ’25US$111.83
US$138.14
+23.5%
10.2%US$162.50US$109.78n/a12
Jul ’25US$110.85
US$142.26
+28.3%
10.9%US$164.23US$112.00n/a12
Jun ’25US$104.98
US$143.46
+36.7%
9.6%US$164.42US$112.00n/a12
May ’25US$108.49
US$143.09
+31.9%
9.5%US$162.99US$112.00n/a11
Apr ’25US$113.10
US$143.85
+27.2%
9.9%US$165.78US$112.00n/a11
Mar ’25US$110.09
US$143.85
+30.7%
9.9%US$165.78US$112.00n/a11
Feb ’25US$122.91
US$159.96
+30.1%
8.4%US$185.77US$137.65n/a11
Jan ’25US$112.54
US$158.13
+40.5%
7.7%US$181.27US$138.98n/a11
Dec ’24US$114.07
US$158.13
+38.6%
7.7%US$181.27US$138.98n/a11
Nov ’24US$97.49
US$160.89
+65.0%
8.0%US$180.78US$136.91US$118.6111
Oct ’24US$112.33
US$165.63
+47.4%
6.7%US$186.56US$148.86US$117.0411
Sep ’24US$121.71
US$165.63
+36.1%
6.7%US$186.56US$148.86US$107.9811
Aug ’24US$133.20
US$166.84
+25.3%
6.5%US$189.68US$149.74US$111.8310
Jul ’24US$141.47
US$166.81
+17.9%
6.5%US$189.28US$149.74US$110.8510
Jun ’24US$133.07
US$163.07
+22.5%
6.3%US$184.07US$149.74US$104.9811
May ’24US$138.73
US$161.05
+16.1%
7.0%US$184.72US$146.84US$108.4911
Apr ’24US$137.03
US$160.60
+17.2%
6.8%US$183.67US$146.84US$113.1011
Mar ’24US$114.80
US$157.10
+36.9%
9.1%US$187.18US$136.21US$110.0911
Feb ’24US$116.36
US$157.79
+35.6%
8.9%US$187.18US$137.15US$122.9111
Jan ’24US$112.00
US$157.39
+40.5%
8.8%US$184.98US$137.15US$112.5411
Dec ’23US$116.11
US$156.78
+35.0%
9.2%US$184.98US$137.15US$114.0711
Nov ’23US$109.85
US$159.09
+44.8%
9.0%US$182.37US$138.39US$97.4911

Analyst Forecast: Target price is less than 20% higher than the current share price.

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