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NamSys

OTCPK:NMYS.F
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NMYS.F
OTCPK
CA$20M
Market Cap
  1. Home
  2. US
  3. Software
Company description

NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries principally in North America. The last earnings update was 47 days ago. More info.


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NMYS.F Share Price and Events
7 Day Returns
0%
OTCPK:NMYS.F
3.8%
US Software
2.9%
US Market
1 Year Returns
-17.1%
OTCPK:NMYS.F
22%
US Software
1.4%
US Market
NMYS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NamSys (NMYS.F) 0% 0% - -17.1% - -
US Software 3.8% 4.9% 16% 22% 107.4% 132.9%
US Market 2.9% 2.5% 10% 1.4% 38.3% 42%
1 Year Return vs Industry and Market
  • NMYS.F underperformed the Software industry which returned 22% over the past year.
  • NMYS.F underperformed the Market in United States of America which returned 1.4% over the past year.
Price Volatility
NMYS.F
Industry
5yr Volatility vs Market

NMYS.F Value

 Is NamSys 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 NamSys 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    Our intrinsic value calculation method has changed recently, learn more here.

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

OTCPK:NMYS.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.2%
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:NMYS.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))
= 1.139 (1 + (1- 26.5%) (0%))
1.093
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.093 * 5.96%)
9.25%

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

The calculations below outline how an intrinsic value for NamSys 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:NMYS.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 9.25%)
2019 1.27 Est @ 3.98% 1.16
2020 1.31 Est @ 3.6% 1.10
2021 1.36 Est @ 3.34% 1.04
2022 1.40 Est @ 3.16% 0.98
2023 1.44 Est @ 3.03% 0.93
2024 1.48 Est @ 2.94% 0.87
2025 1.53 Est @ 2.88% 0.82
2026 1.57 Est @ 2.83% 0.77
2027 1.61 Est @ 2.8% 0.73
2028 1.66 Est @ 2.78% 0.68
Present value of next 10 years cash flows CA$9.09
OTCPK:NMYS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CA$1.66 × (1 + 2.73%) ÷ (9.25% – 2.73%)
CA$26.14
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$26.14 ÷ (1 + 9.25%)10
CA$10.80
OTCPK:NMYS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$9.09 + CA$10.80
CA$19.88
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$19.88 / 27.29
CA$0.4
OTCPK:NMYS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:NMYS.F represents 0.54757x of TSXV:CTZ
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.54757x
Value per Share
(Listing Adjusted, USD)
= Value per Share (CAD) x Listing Adjustment Factor
= CA$ 0.73 x 0.54757
$0.40
Value per share (USD) From above. $0.40
Current discount Discount to share price of $0.41
= -1 x ($0.41 - $0.40) / $0.40
-1.6%

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

  • The current share price of NamSys 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 NamSys's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NamSys's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:NMYS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$0.04
TSXV:CTZ Share Price ** TSXV (2019-01-04) in CAD CA$0.74
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 52.96x
United States of America Market PE Ratio Median Figure of 3,054 Publicly-Listed Companies 17.61x

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

** Primary Listing of NamSys.

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

= TSXV:CTZ Share Price ÷ EPS (both in CAD)

= 0.74 ÷ 0.04

17.59x

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

  • NamSys is good value based on earnings compared to the US Software industry average.
  • NamSys is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does NamSys's expected growth come at a high price?
Raw Data
OTCPK:NMYS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-5%per year
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.54x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for NamSys, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NamSys's assets?
Raw Data
OTCPK:NMYS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.12
TSXV:CTZ Share Price * TSXV (2019-01-04) in CAD CA$0.74
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.71x
United States of America Market PB Ratio Median Figure of 5,152 Publicly-Listed Companies 1.87x
OTCPK:NMYS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:CTZ Share Price ÷ Book Value per Share (both in CAD)

= 0.74 ÷ 0.12

6.36x

* Primary Listing of NamSys.

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

  • NamSys is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess NamSys'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. NamSys has a total score of 2/6, 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.

NMYS.F Future Performance

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

  • No analysts cover NamSys, future earnings growth has been estimated based on fundamentals.
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
-5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NamSys expected to grow at an attractive rate?
  • NamSys's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • NamSys's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Unable to compare NamSys's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:NMYS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:NMYS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -5%
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 10.8%
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 7.1%

*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:NMYS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:NMYS.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 3 1 1
2018-07-31 3 1 1
2018-04-30 3 1 1
2018-01-31 3 1 1
2017-10-31 3 1 1
2017-07-31 3 1 1
2017-04-30 3 1 1
2017-01-31 3 1 1
2016-10-31 2 1 1
2016-07-31 2 1 1
2016-04-30 2 1 1
2016-01-31 2 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NamSys's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if NamSys is high growth as no revenue estimate data is available.
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:NMYS.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NamSys Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NMYS.F Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 0.04
2018-07-31 0.04
2018-04-30 0.04
2018-01-31 0.03
2017-10-31 0.03
2017-07-31 0.03
2017-04-30 0.04
2017-01-31 0.03
2016-10-31 0.03
2016-07-31 0.03
2016-04-30 0.03
2016-01-31 0.03

*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.
  • Unable to establish if NamSys will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess NamSys'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.
NamSys has a total score of 0/6, 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.

NMYS.F Past Performance

  How has NamSys 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 NamSys'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.
  • NamSys's year on year earnings growth rate has been positive over the past 5 years.
  • NamSys's 1-year earnings growth exceeds its 5-year average (24.2% vs 14.9%)
  • NamSys's earnings growth has not exceeded the US Software industry average in the past year (24.2% vs 32.7%).
Earnings and Revenue History
NamSys'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 NamSys Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:NMYS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 3.24 1.15 0.77
2018-07-31 3.10 1.07 0.77
2018-04-30 3.01 1.00 0.76
2018-01-31 2.96 0.92 0.73
2017-10-31 2.91 0.92 0.73
2017-07-31 2.83 0.91 0.72
2017-04-30 2.79 1.00 0.68
2017-01-31 2.60 0.82 0.66
2016-10-31 2.40 0.78 0.64
2016-07-31 2.22 0.86 0.67
2016-04-30 1.97 0.79 0.66
2016-01-31 1.86 0.82 0.64
2015-10-31 1.71 0.86 0.61
2015-07-31 1.68 1.50 0.54
2015-04-30 1.55 1.32 0.55
2015-01-31 1.43 1.19 0.54
2014-10-31 1.35 1.09 0.53
2014-07-31 1.22 0.21 0.52
2014-04-30 1.18 0.18 0.53
2014-01-31 1.13 0.20 0.53
2013-10-31 1.09 0.08 0.55
2013-07-31 1.07 0.06 0.53
2013-04-30 0.96 -0.03 0.54
2013-01-31 1.00 -0.12 0.59
2012-10-31 1.01 -0.14 0.60
2012-07-31 1.35 0.05 0.67
2012-04-30 1.34 0.00 0.71

*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.
  • NamSys has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • NamSys used its assets more efficiently than the US Software industry average last year based on Return on Assets.
  • NamSys's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess NamSys'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.
NamSys has a total score of 4/6, 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.

NMYS.F Health

 How is NamSys'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 NamSys's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NamSys is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NamSys has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NamSys'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.
  • NamSys has no debt, it does not need to be covered by short term assets.
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 NamSys Company Filings, last reported 4 months ago.

OTCPK:NMYS.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 3.18 0.00 2.94
2018-07-31 2.90 0.00 2.53
2018-04-30 2.60 0.00 2.25
2018-01-31 2.24 0.00 1.88
2017-10-31 2.03 0.00 1.72
2017-07-31 1.83 0.00 1.40
2017-04-30 1.60 0.00 0.98
2017-01-31 1.32 0.00 0.74
2016-10-31 1.11 0.00 0.63
2016-07-31 1.32 0.00 0.72
2016-04-30 1.00 0.00 0.48
2016-01-31 1.29 0.00 0.76
2015-10-31 1.12 0.00 0.35
2015-07-31 0.85 0.00 0.28
2015-04-30 0.81 0.00 0.49
2015-01-31 0.67 0.15 0.22
2014-10-31 0.46 0.15 0.21
2014-07-31 -1.42 1.25 0.10
2014-04-30 -1.48 1.45 0.39
2014-01-31 -1.49 1.45 0.33
2013-10-31 -1.61 1.45 0.10
2013-07-31 -1.64 1.45 0.04
2013-04-30 -1.66 1.45 0.15
2013-01-31 -1.69 1.45 0.13
2012-10-31 -1.69 1.45 0.03
2012-07-31 -1.70 1.45 0.03
2012-04-30 -1.63 1.45 0.10
  • NamSys has no debt.
  • NamSys currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • NamSys has no debt, it does not need to be covered by operating cash flow.
  • NamSys has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess NamSys'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. NamSys 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.

NMYS.F Dividends

 What is NamSys'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 NamSys dividends.
If you bought $2,000 of NamSys 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 NamSys's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NamSys'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:NMYS.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 0 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 2005 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 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as NamSys has not reported any payouts.
  • Unable to verify if NamSys's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NamSys's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NamSys has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess NamSys'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 NamSys afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NamSys 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.

NMYS.F Management

 What is the CEO of NamSys'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
Kenneth Sparks
COMPENSATION CA$51,018
CEO Bio

Mr. Kenneth Barry Sparks, B.Comm., F.I.C.B., serves as Chief Executive Officer at NamSys Inc. (formerly, Cencotech Inc) and served as its President. Mr. Sparks has been the Chief Financial Officer of a private Canadian operating corporation for 15 years. He has over 30 years of corporate finance experience. He commenced his career in corporate finance with Royal Bank of Canada where he served until 1984, at which time he served as Vice President, Government and Business, Ontario. Since then, he has provided corporate advice and management services through several companies. Mr. Sparks served as a Corporate Secretary of VR Interactive Corporation since October 2000. He served as the President of Torvan Capital Group Inc. Prior to August 2002, he served as the Chairman of Hawk Capital Corporation. He served as the Vice Chairman of VR Interactive Corporation since October 2000. He has been an Independent Director of Metalo Manufacturing Inc. (alternate name : Muskrat Minerals Incorporated) since February 2012. Mr. Sparks has been a Director of Dundee Corporation (Formerly, Dundee BanCorp. Inc.) since April 1993 and Cencotech Inc., since February 21, 1997. He has been a Director of SCS Solars Computing Systems Inc. since May 31, 2001. He serves as a Director of Namsys Inc since February 21, 1997 and WorldWide Minerals Ltd. He served as a Director at SCS from May 8, 1996 to February 3, 1998. He served as Independent Director of Dundee Capital Markets Inc. since December 16, 2010. He served as a Director of VR Interactive Corp. since October 2000. He is a member of the Faculty Advisory Board at the Sauder School of Business, University of British Columbia. Mr. Sparks served as a Director at Enhanced Oil Resources, Inc. (formerly, Ridgeway Petroleum Corp.) from December 5, 1996 to January 31, 2007.

CEO Compensation
  • Kenneth's compensation has been consistent with company performance over the past year.
  • Kenneth's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Kenneth Sparks

TITLE
CEO & Director
COMPENSATION
CA$51K

Jason Siemens

TITLE
President
COMPENSATION
CA$249K
TENURE
3.3 yrs

Christopher Adams

TITLE
Chief Financial Officer
COMPENSATION
CA$39K
TENURE
11.1 yrs

Leslie Gord

TITLE
Corporate Secretary & Director
COMPENSATION
CA$15K
Board of Directors Tenure

Average tenure of the NamSys board of directors in years:

19.9
Average Tenure
  • The average tenure for the NamSys board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Chris Stait-Gardner

TITLE
Chairman of the Board
COMPENSATION
CA$18K

Kenneth Sparks

TITLE
CEO & Director
COMPENSATION
CA$51K
TENURE
22.1 yrs

Jason Siemens

TITLE
President
COMPENSATION
CA$249K
TENURE
1.9 yrs

Leslie Gord

TITLE
Corporate Secretary & Director
COMPENSATION
CA$15K
TENURE
19.9 yrs

H. Prodan

TITLE
Director
COMPENSATION
CA$11K
TENURE
1.9 yrs

Derek Hedley Buntain

TITLE
Director
COMPENSATION
CA$10K
AGE
77
TENURE
22.1 yrs

G. Johnson

TITLE
Director
COMPENSATION
CA$16K
TENURE
22.1 yrs

Nicole Sparks

TITLE
Independent Non-Executive Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess NamSys'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. NamSys 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.

NMYS.F News

Simply Wall St News

NMYS.F Company Info

Description

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 Bolton, Canada.

Details
Name: NamSys Inc.
NMYS.F
Exchange: OTCPK
Founded: 1997
CA$15,142,021
27,286,332
Website: http://www.namsys.com
Address: NamSys Inc.
5 Loring Drive,
Bolton,
Ontario, L7E 1Y1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV CTZ Common Shares TSX Venture Exchange CA CAD 31. Jul 1997
OTCPK NMYS.F Common Shares Pink Sheets LLC US USD 31. Jul 1997
Number of employees
Current staff
Staff numbers
0
NamSys employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 00:45
End of day share price update: 2019/01/04 00:00
Last earnings filing: 2019/01/30
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


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.