OTCPK:NVRV.F

Stock Analysis Report

Executive Summary

Novra Technologies, Inc., together with its subsidiaries, provides products, systems, and services for the distribution of multimedia broadband content.

Risk Analysis

Earnings have declined by -9.29% per year over past 5 years

Shares are highly illiquid

Does not have a meaningful market cap ($3M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

NVRV.F

3.9%

US Communications

1.7%

US Market


1 Year Return

n/a

NVRV.F

7.2%

US Communications

23.2%

US Market

Return vs Industry: Insufficient data to determine how NVRV.F performed against the US Communications industry.

Return vs Market: Insufficient data to determine how NVRV.F performed against the US Market.


Shareholder returns

NVRV.FIndustryMarket
7 Day0%3.9%1.7%
30 Day-5.6%5.1%4.2%
90 Dayn/a5.2%11.9%
1 Yearn/a9.5%7.2%25.8%23.2%
3 Yearn/a54.0%44.2%52.8%42.9%
5 Yearn/a76.7%56.6%75.2%55.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

3.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NVRV.F ($0.07) is trading above our estimate of fair value ($0.06)

Significantly Below Fair Value: NVRV.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NVRV.F is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: NVRV.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 NVRV.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NVRV.F is overvalued based on its PB Ratio (4.1x) compared to the US Communications industry average (1.9x).


Next Steps

Future Growth

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

13.3%

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 Novra 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Novra Technologies performed over the past 5 years?

-9.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVRV.F is currently unprofitable.

Growing Profit Margin: NVRV.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NVRV.F is unprofitable, and losses have increased over the past 5 years at a rate of -9.3% per year.

Accelerating Growth: Unable to compare NVRV.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NVRV.F is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (12.6%).


Return on Equity

High ROE: NVRV.F has a negative Return on Equity (-41.9%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Novra Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: NVRV.F's short term assets (CA$7.3M) exceed its short term liabilities (CA$5.9M).

Long Term Liabilities: NVRV.F's short term assets (CA$7.3M) exceed its long term liabilities (CA$5.3M).


Debt to Equity History and Analysis

Debt Level: NVRV.F's debt to equity ratio (469.7%) is considered high.

Reducing Debt: NVRV.F's debt to equity ratio has increased from 399.4% to 469.7% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: NVRV.F's debt is covered by short term assets (assets are 2.1x 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: Whilst unprofitable NVRV.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NVRV.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.5% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Next Steps

Management

What is the CEO of Novra Technologies's salary, the management and board of directors tenure and is there insider trading?

14.6yrs

Average board tenure


CEO

Harris Liontas 0

0yrs

Tenure

CA$201,000

Compensation

Mr. Harris Liontas serves as the President and the Chief Executive Officer of Novra Technologies, Inc. and has been its Director since June 06, 2001. 


CEO Compensation Analysis

Compensation vs Market: Harris's total compensation ($USD153.84K) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Harris's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

14.6yrs

Average Tenure

Experienced Board: NVRV.F's board of directors are seasoned and experienced ( 14.6 years average tenure).


Insider Trading

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 not been meaningfully diluted in the past year.


Management Team

  • Harris Liontas

    President

    • Compensation: CA$201.00k
  • Patricia Gair

    Chief Operating Officer

    • Tenure: 3.5yrs
    • Compensation: CA$142.75k
  • Brian Eckhardt

    CFO & Director

    • Tenure: 1.6yrs
    • Compensation: CA$2.00k

Board Members

  • Kevlin Maloney

    Independent Director

    • Tenure: 14.6yrs
    • Compensation: CA$4.00k
  • Peter Wintemute

    Chairman

    • Compensation: CA$4.00k
  • Harris Liontas

    President

    • Compensation: CA$201.00k
  • Brian Eckhardt

    CFO & Director

    • Tenure: 1.6yrs
    • Compensation: CA$2.00k

Company Information

Novra Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Novra Technologies, Inc.
  • Ticker: NVRV.F
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CA$3.170m
  • Listing Market Cap: CA$2.431m
  • Shares outstanding: 33.37m
  • Website: https://www.novra.com

Number of Employees


Location

  • Novra Technologies, Inc.
  • 900-330 St. Mary Avenue
  • Winnipeg
  • Manitoba
  • R3C 3Z5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NVITSXV (TSX Venture Exchange)YesClass A Common StockCACADDec 1998
NVRV.FOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDDec 1998
7CVDB (Deutsche Boerse AG)YesClass A Common StockDEEURDec 1998

Biography

Novra Technologies, Inc., together with its subsidiaries, provides products, systems, and services for the distribution of multimedia broadband content. The company offers video distribution products and systems for the provision of end-to-end solutions to traditional and non-traditional video networks; broadcast radio for end-to-end infrastructure solutions, including uplink and receive site equipment, as well as network management, encryption, and targeted regionalization/ad insertion options; and data distribution for hardware infrastructure, as well as content distribution network software solution for secure file broadcasting. It also provides digital cinema network infrastructure and services, high-end appliances for cinemas, decoders for live events and alternative content in 2D and 3D, and digital cinema distribution software solutions; and DVB and ATSC compliant receivers for the broadband communications network market. The company was founded in 2000 and is headquartered in Winnipeg, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/17 02:27
End of Day Share Price2019/12/30 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.