Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally.
The last earnings update was 21 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
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Lite Access Technologies. 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
Lite Access Technologies's
is considered below, and whether this is a fair price.
Price based on past earnings
Lite Access Technologies'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 Lite Access Technologies 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 Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Lite Access Technologies
expected to grow at an
Unable to compare Lite Access Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Lite Access Technologies's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Lite Access Technologies's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Lite Access Technologies is high growth as no earnings estimate data is available.
Unable to determine if Lite Access Technologies 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 Lite Access Technologies's filings and announcements here.
Lite Access Technologies'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.
Lite Access Technologies
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
Lite Access Technologies's finances.
The net worth of a company is the difference between its assets and liabilities.
Lite Access Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Lite Access Technologies's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Lite Access Technologies'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.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 13.7x debt.
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.
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. Carlo M. Shimoon serves as the President, Chief Executive Officer and Director of Lite Access Technologies Inc. since March 13, 2018. Mr. Shimoon has led multi-location and multi-national operations in 4 countries including Canada, USA, Mexico and the UK, serving a global market. He has over 30 years of experience as CEO in both private and public corporations, which he has either founded or been professionally recruited. His accomplishments include M&A activities, turn-around and a successful exit to a NASDAQ-listed billion-dollar US-based defense contractor, where he continued to serve as CEO of two subsidiaries. The industries in which he has been involved include fibre-optics, defense, digital video, power conversion, security and biomed. Mr. Shimoon is a graduate of Carleton University in Ottawa with an Electrical Engineering degree.
Insufficient data for Carlo to compare compensation growth.
Insufficient data for Carlo to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Co-Founder & Advisor
Co-Founder & Advisor
Chief Financial Officer
Board of Directors Tenure
Average tenure and age of the
Lite Access Technologies
board of directors in years:
The average tenure for the Lite Access Technologies board of directors is less than 3 years, this suggests a new board.
Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities. It also provides fiber-optic cables, aerial and low fire hazard micro-ducts, connectors, and sundries, as well as proprietary items, such as a cutting head, shark blades, and the LiteXtend solution. The company serves municipal and regional governments, telecom carriers and Internet service providers, first nation communities, and fibre to the home/premises, as well as intelligent traffic control, healthcare, point to point, and education networks. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada.
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