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 last earnings update was 27 days ago.
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
In this section, we usually try to help investors determine whether Defense Technologies International is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Defense Technologies International has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Defense Technologies International. This is due to cash flow or dividend data being
unavailable. The share price is
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
Defense Technologies International's
is considered below, and whether this is a fair price.
Price based on past earnings
Defense Technologies International's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
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
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Defense Technologies International
expected to grow at an
Unable to compare Defense Technologies International's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Defense Technologies International's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Defense Technologies International's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Defense Technologies International is high growth as no earnings estimate data is available.
Unable to determine if Defense Technologies International 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.
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.
Defense Technologies International's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
Defense Technologies International
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Defense Technologies International's finances.
The net worth of a company is the difference between its assets and liabilities.
Defense Technologies International's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Defense Technologies International has no long term commitments.
This treemap shows a more detailed breakdown of
Defense Technologies International'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
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Defense Technologies International has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
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.
Defense Technologies International's financial health by checking for:
Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest
at all)? (1 check)
Defense Technologies International
has a total score of
1/6, 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:
Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
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.
TENURE AS CEO
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 Financial Officer and Secretary at Defense Technologies International Corp. He is the Owner of Pinstripe Financial, LLC and serves as its Chief Executive Officer. Mr. Moses has been the chief executive officer and board member of several public and private corporations and has extensive executive experience in Nevada gold mining exploration and in bringing new technology products to market. He served as the Chief Executive Officer, President, Chief Financial Officer, Secretary and Treasurer of Massey Exploration Corp. (now Nevada Gold Corp.) since July 20, 2012 and served as its Principal Accounting Officer. He has a substantial professional executive background in technology, finance, energy production and mining operations. Since 1999, Mr. Moses served as the Chief Executive Officer and President of both Energy Pro Inc. and Dynamic Energy & Petroleum Inc., two oil and gas companies with a number of oil and gas leases in Montana and Oklahoma. Mr. Moses served as President of Armor Electric, Inc., (formerly, Armor Enterprises Inc.) since May 11, 2004 and also served as its Chief Executive Officer. He was Managing Partner of Advanced Electric Propulsion Systems LLC. He served as Vice President of Global Freight Integrators Inc. until February 8, 2000. He served as the Chief Financial Officer of Armor Electric, Inc. He had owned eight restaurants and a variety of business ventures including being one of the originators of a major automotive franchise called Jiffy Lube. Mr. Moses founded Cambridge Home Loans in 1994 and served as its President and Chief Executive Officer until. He served as President and Chief Executive Officer of Cambridge Financial Services, a holding company of Cambridge Home Loans from 1994 to 2009. He served as Chief Executive Officer and President of M&M Foods and M&M Enterprises. In 1980, he created an independent oil company, Intercontinental Oil & Research (ICOR) which operated for ten years. In 1982, he formed Bonafied Financial Management (BFM), a financial planning corporation. Mr. Moses began mortgage financing with a Real Estate license in Utah in 1983. For the next ten years, he financed construction and commercial projects in three states and two countries with the accompanying secondary financing. From 1989 to 1993, Mr. Moses created Caribou Mining and Exploration, operating the business as Chief Executive Officer and President. Mr. Moses served as Chairman of Armor Electric, Inc., since May 2004. He served as the Chairman of Defense Technologies International Corp. since May 2016 ands erves its Director since April 30, 2016. He served as a Director of Nevada Gold Corp. since July 20, 2012. He served as an Independent Director at Goldnev Resources, Inc. from October 2004 to November 2013. He served as a Director of Global Freight Integrators Inc. until February 8, 2000. He was President George W. Bush’s Honorary Chairman of the House Majority Trust as well as serving “with distinction” on the National Republican Congressional Committee’s “Business Advisory Council” for the state of California. He is listed in ‘Who’s Who’ in the National directory of “Executives and Professionals”. He attended Brigham Young University in 1976, majoring in business and finance.
Merrill's compensation has been consistent with company performance over the past year.
Merrill's remuneration is lower than average for companies of similar size in United States of America.
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.
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