OTCPK:DTII

Stock Analysis Report

Defense Technologies International

Executive Summary

Defense Technologies International Corp. develops Passive Security Scan, a walk-through personnel scanning system for detection and identifying concealed threats to be used for the security of schools and other public venues.


Snowflake Analysis

Slightly overvalued with questionable track record.

Share Price & News

How has Defense Technologies International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DTII's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.5%

DTII

-1.8%

US Electronic

-1.1%

US Market


1 Year Return

-16.7%

DTII

5.6%

US Electronic

17.8%

US Market

Return vs Industry: DTII underperformed the US Electronic industry which returned 5.6% over the past year.

Return vs Market: DTII underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

DTIIIndustryMarket
7 Day2.5%-1.8%-1.1%
30 Day-26.5%-4.9%1.5%
90 Day-24.7%-0.4%6.6%
1 Year-16.7%-16.7%6.6%5.6%20.2%17.8%
3 Year-93.8%-93.8%35.0%31.4%47.5%38.1%
5 Year-99.9%-99.9%66.2%58.0%71.2%52.4%

Price Volatility Vs. Market

How volatile is Defense Technologies International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Defense Technologies International undervalued compared to its fair value and its price relative to the market?

3.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DTII's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DTII's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DTII is good value based on its PE Ratio (3.4x) compared to the Electronic industry average (19x).

PE vs Market: DTII is good value based on its PE Ratio (3.4x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DTII's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DTII has negative assets, so we can't compare its PB Ratio to the US Electronic industry average.


Next Steps

Future Growth

How is Defense Technologies International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Tech 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 Defense Technologies International 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.


Next Steps

  • Take a look at our analysis of DTII’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • 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 Defense Technologies International's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Defense Technologies International performed over the past 5 years?

-5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DTII has a large one-off loss of $82.5K impacting its October 31 2019 financial results.

Growing Profit Margin: DTII became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DTII has become profitable over the past 5 years, growing earnings by -5.1% per year.

Accelerating Growth: DTII has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DTII has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (13.8%).


Return on Equity

High ROE: DTII's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Defense Technologies International's financial position?


Financial Position Analysis

Short Term Liabilities: DTII has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: DTII has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: DTII has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: DTII's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: DTII has a high level of physical assets or inventory.

Debt Coverage by Assets: DTII has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: DTII is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: DTII is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Defense Technologies International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DTII's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate DTII'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 DTII's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DTII'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 DTII's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

US$150k

CEO Compensation


CEO

Merrill Moses (65yo)

3.8yrs

Tenure

US$150,000

Compensation

Mr. Merrill W. Moses has been the President at Defense Technologies International Corp. since April 30, 2016 and as its Chief Executive Officer since April 30, 2016. Mr. Moses serves as Interim Chief Finan ...


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 413.8%.


Top Shareholders

Company Information

Defense Technologies International Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Defense Technologies International Corp.
  • Ticker: DTII
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$2.110m
  • Shares outstanding: 8.44m
  • Website: https://www.defensetechnologiesintl.com

Location

  • Defense Technologies International Corp.
  • 2683 Via De La Valle
  • Suite G418
  • Del Mar
  • California
  • 92014
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DTIIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 2014

Biography

Defense Technologies International Corp. develops Passive Security Scan, a walk-through personnel scanning system for detection and identifying concealed threats to be used for the security of schools and other public venues. The company was formerly known as Canyon Gold Corp. and changed its name to Defense Technologies International Corp. in June 2016. The company was incorporated in 1998 and is based in Del Mar, California. Defense Technologies International Corp. is a subsidiary of Emac Handels AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 03:19
End of Day Share Price2020/02/21 00:00
Earnings2019/10/31
Annual Earnings2019/04/30


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.