NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries principally in North America.
Flawless balance sheet with proven track record.
Share Price & News
How has NamSys's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NMYS.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how NMYS.F performed against the US Software industry.
Return vs Market: Insufficient data to determine how NMYS.F performed against the US Market.
Price Volatility Vs. Market
How volatile is NamSys's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is NamSys undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NMYS.F ($0.76) is trading below our estimate of fair value ($0.8)
Significantly Below Fair Value: NMYS.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NMYS.F is good value based on its PE Ratio (22.1x) compared to the Software industry average (45.3x).
PE vs Market: NMYS.F is poor value based on its PE Ratio (22.1x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NMYS.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NMYS.F is overvalued based on its PB Ratio (6.4x) compared to the US Software industry average (5.5x).
How is NamSys forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 NamSys 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.
- Check out NamSys's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- 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 NamSys's filings and announcements here.
- Explore growth companies in the Software industry.
How has NamSys performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMYS.F has high quality earnings.
Growing Profit Margin: NMYS.F's current net profit margins (31.5%) are lower than last year (35.4%).
Past Earnings Growth Analysis
Earnings Trend: NMYS.F's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: NMYS.F's earnings growth over the past year (13.2%) exceeds its 5-year average (2.7% per year).
Earnings vs Industry: NMYS.F earnings growth over the past year (13.2%) underperformed the Software industry 19%.
Return on Equity
High ROE: NMYS.F's Return on Equity (29%) is considered high.
How is NamSys's financial position?
Financial Position Analysis
Short Term Liabilities: NMYS.F's short term assets (CA$5.5M) exceed its short term liabilities (CA$914.7K).
Long Term Liabilities: NMYS.F's short term assets (CA$5.5M) exceed its long term liabilities (CA$163.7K).
Debt to Equity History and Analysis
Debt Level: NMYS.F is debt free.
Reducing Debt: NMYS.F has no debt compared to 5 years ago when its debt to equity ratio was 32.4%.
Debt Coverage: NMYS.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NMYS.F has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: NMYS.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if NMYS.F's debt is covered by short term assets.
What is NamSys's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NMYS.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NMYS.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NMYS.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NMYS.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NMYS.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kenneth Sparks 0
Mr. Kenneth Barry Sparks, B.Comm., F.I.C.B., serves as Vice Chairman of the Board at Metalo Manufacturing Inc. since December 3, 2019. He serves as Chief Executive Officer at NamSys Inc. (formerly, Cencote ...
CEO Compensation Analysis
Compensation vs Market: Kenneth's total compensation ($USD45.74K) is below average for companies of similar size in the US market ($USD529.87K).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
|CEO & Director||0yrs||CA$60.85k||37.5% CA$7.4m|
|Corporate Secretary & Director||20.8yrs||CA$15.80k||0.055% CA$10.9k|
|Independent Non-Executive Director||23yrs||CA$10.00k||no data|
|Independent Chairman of the Board||0yrs||CA$17.60k||0.22% CA$44.3k|
|Independent Director||23yrs||CA$16.40k||0.73% CA$145.2k|
|Independent Non-Executive Director||1.8yrs||CA$7.40k||no data|
Experienced Board: NMYS.F's board of directors are seasoned and experienced ( 21.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NamSys Inc.'s company bio, employee growth, exchange listings and data sources
- Name: NamSys Inc.
- Ticker: NMYS.F
- Exchange: OTCPK
- Founded: 1997
- Industry: Application Software
- Sector: Software
- Market Cap: CA$26.468m
- Listing Market Cap: CA$19.808m
- Shares outstanding: 27.29m
- Website: https://www.namsys.com
- NamSys Inc.
- 141 Adelaide Street West
- Suite 1400
- M5H 3L5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CTZ||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jul 1997|
|NMYS.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jul 1997|
NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries principally in North America. The company offers Cirreon software-as-a-service platform, which helps banks and armored carriers for smart safe and daily credit offerings; cash-in-transit logistics that provides barcode track-and-trace, routing, and real-time fleet services using the Cirreon SaaS platform; and Currency Controller, a cash vault management and logistics system that manages various aspects of cash processing for banks and cash-in-transit providers. It serves financial institutions, armored carriers, retailers, and public transit authorities. The company was formerly known as Cencotech Inc. and changed its name to NamSys Inc. in November 2016. NamSys Inc. was founded in 1997 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 02:34|
|End of Day Share Price||2020/02/24 00:00|
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.