Pivot Technology Solutions, Inc. provides IT services and solutions in North America and Europe.
Mediocre balance sheet unattractive dividend payer.
Share Price & News
How has Pivot Technology Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PVVT.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PVVT.F exceeded the US IT industry which returned 34.7% over the past year.
Return vs Market: PVVT.F exceeded the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Pivot Technology Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Pivot Technology Solutions undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: PVVT.F ($1.42) is trading above our estimate of fair value ($0.21)
Significantly Below Fair Value: PVVT.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PVVT.F is unprofitable, so we can't compare its PE Ratio to the IT industry average.
PE vs Market: PVVT.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PVVT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PVVT.F has negative assets, so we can't compare its PB Ratio to the US IT industry average.
How is Pivot Technology Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if PVVT.F's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if PVVT.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PVVT.F's revenue (1.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: PVVT.F's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PVVT.F's Return on Equity is forecast to be high in 3 years time
How has Pivot Technology Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PVVT.F is currently unprofitable.
Growing Profit Margin: PVVT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PVVT.F is unprofitable, and losses have increased over the past 5 years at a rate of -44.2% per year.
Accelerating Growth: Unable to compare PVVT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PVVT.F is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (12%).
Return on Equity
High ROE: PVVT.F has a negative Return on Equity (-198.33%), as it is currently unprofitable.
How is Pivot Technology Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: PVVT.F's short term assets ($326.4M) do not cover its short term liabilities ($403.7M).
Long Term Liabilities: PVVT.F's short term assets ($326.4M) exceed its long term liabilities ($28.8M).
Debt to Equity History and Analysis
Debt Level: PVVT.F's debt to equity ratio (10378.1%) is considered high.
Reducing Debt: PVVT.F's debt to equity ratio has increased from 466% to 10378.1% over the past 5 years.
Inventory Level: PVVT.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: PVVT.F's debt is covered by short term assets (assets are 2.4x debt).
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: PVVT.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PVVT.F has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 23.4% each year.
What is Pivot Technology Solutions's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PVVT.F's dividend (8.44%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: PVVT.F's dividend (8.44%) is in the top 25% of dividend payers in the US market (3.73%)
Stability and Growth of Payments
Stable Dividend: PVVT.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PVVT.F's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: PVVT.F is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kevin Shank 0
Mr. Kevin A. Shank has been the Chief Executive Officer of Pivot Technology Solutions, Inc. since May 1, 2016 and has also been its President since January 12, 2016. Mr. Shank joined Services at CompuCom S ...
CEO Compensation Analysis
Compensation vs Market: Kevin's total compensation ($USD641.66K) is about average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Kevin's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||2.7yrs||US$322.85k||0.19% $106.5k|
|Chief Operating Officer||1.3yrs||US$394.29k||0.062% $34.6k|
|Chief Legal Officer||2.7yrs||US$367.86k||0.057% $31.9k|
|Chief Revenue Officer||2.3yrs||US$553.12k||no data|
|CIO & CTO||2.1yrs||no data||0.059% $33.4k|
|Head of Investor Relations||0yrs||no data||no data|
|Chief Compliance Officer||0yrs||no data||0.018% $10.3k|
|Vice President of Marketing||5.5yrs||no data||no data|
|Vice President and Corporate Controller||0yrs||no data||0.11% $63.5k|
Experienced Management: PVVT.F's management team is considered experienced (2.7 years average tenure).
|Chief Legal Officer||2.7yrs||US$367.86k||0.057% $31.9k|
|Independent Director||2.7yrs||US$130.61k||0.14% $78.3k|
|Independent Director||0.8yrs||no data||no data|
|Independent Director||8.1yrs||US$122.35k||0.039% $22.0k|
|Chairman of the Board||4.1yrs||US$135.27k||0.33% $187.0k|
|Director||0.7yrs||no data||no data|
Experienced Board: PVVT.F's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pivot Technology Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Pivot Technology Solutions, Inc.
- Ticker: PVVT.F
- Exchange: OTCPK
- Founded: 2010
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: CA$74.558m
- Listing Market Cap: CA$56.173m
- Shares outstanding: 39.45m
- Website: https://www.pivotts.com
Number of Employees
- Pivot Technology Solutions, Inc.
- 55 Renfrew Drive
- Suite 200
- L3R 8H3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PTG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 2013|
|PVVT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2013|
|PV9N||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2013|
|PTG||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Apr 2013|
Pivot Technology Solutions, Inc. provides IT services and solutions in North America and Europe. The company operates through ACS, ARC, ProSys, Sigma, and TeraMach segments. The ACS segment provides IT solutions and system integration services that include IT solutions focused on enterprise infrastructures, such as systems, storage, security, networking, and compliance; and IT services that enable businesses to optimize their IT infrastructure and enhance mission-critical processes. The ARC segment offers analysis, planning, design, procurement, installation, and consultation services to end users, as well as to suppliers of the State of Texas Department of Information Resources program. The ProSys segment provides IT hardware, software, and professional services to enterprise, public sector, and educational customers. The Sigma segment offers advisory, implementation, and maintenance services of enterprise data centres; centered on private cloud; and mobility and managed services. The TeraMach segment provides technical solutions and various other related services, as well as staffing and cloud expertise services to governments, the public sector, and commercial enterprises. Pivot Technology Solutions, Inc. was founded in 2010 and is headquartered in Markham, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:21|
|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.