Photon Control Inc. designs, manufactures, and distributes a range of optical sensors and systems to measure temperature and position.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Photon Control's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: POCE.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: POCE.F underperformed the US Electronic industry which returned 2% over the past year.
Return vs Market: POCE.F underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Photon Control's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Photon Control undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: POCE.F ($0.93) is trading above our estimate of fair value ($0.34)
Significantly Below Fair Value: POCE.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: POCE.F is poor value based on its PE Ratio (28.3x) compared to the Electronic industry average (18.7x).
PE vs Market: POCE.F is poor value based on its PE Ratio (28.3x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: POCE.F is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: POCE.F is overvalued based on its PB Ratio (2.5x) compared to the US Electronic industry average (1.9x).
How is Photon Control forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: POCE.F's forecast earnings growth (20.1% per year) is above the savings rate (1.7%).
Earnings vs Market: POCE.F's earnings (20.1% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: POCE.F's revenue (9.2% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: POCE.F's revenue (9.2% 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 POCE.F's Return on Equity is forecast to be high in 3 years time
How has Photon Control performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: POCE.F has a high level of non-cash earnings.
Growing Profit Margin: POCE.F's current net profit margins (13.6%) are lower than last year (21.2%).
Past Earnings Growth Analysis
Earnings Trend: POCE.F's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: POCE.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: POCE.F had negative earnings growth (-58.4%) over the past year, making it difficult to compare to the Electronic industry average (12%).
Return on Equity
High ROE: POCE.F's Return on Equity (9%) is considered low.
Return on Assets
Return on Capital Employed
How is Photon Control's financial position?
Financial Position Analysis
Short Term Liabilities: POCE.F's short term assets (CA$43.8M) exceed its short term liabilities (CA$5.5M).
Long Term Liabilities: POCE.F's short term assets (CA$43.8M) exceed its long term liabilities (CA$2.7M).
Debt to Equity History and Analysis
Debt Level: POCE.F is debt free.
Reducing Debt: POCE.F has not had any debt for past 5 years.
Debt Coverage: POCE.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: POCE.F has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: POCE.F has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if POCE.F's debt is covered by short term assets.
What is Photon Control's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate POCE.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate POCE.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 POCE.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if POCE.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 POCE.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nigel Hunton (58yo)
Mr. Nigel Hunton had been President and Chief Operating Officer at Ferrotec (USA) Corporation since July 27, 2017. Mr. Hunton served as the Chief Executive Officer of MBA Polymers, Inc from January 02, 201 ...
|CFO & Corporate Secretary||2.6yrs||CA$279.05k||0.020% CA$17.8k|
|Senior Vice President of Sales||2.5yrs||CA$450.41k||no data|
|Vice President of Manufacturing Operations||2.8yrs||CA$257.78k||no data|
|President||0.8yrs||no data||0.11% CA$95.3k|
|Vice President of Culture||0yrs||no data||no data|
|Senior Vice President of Engineering||2.2yrs||CA$413.12k||no data|
|Senior Vice President of Engineering||0yrs||no data||no data|
|Special Advisor||10.3yrs||no data||no data|
Experienced Management: POCE.F's management team is considered experienced (2.5 years average tenure).
|President||0.8yrs||no data||0.11% CA$95.3k|
|Independent Director||3.6yrs||CA$29.00k||0.30% CA$273.8k|
|Independent Director||2.9yrs||CA$26.00k||0.10% CA$91.8k|
|Independent Director||2.3yrs||CA$183.50k||0.15% CA$137.8k|
|Independent Chairman of the Board||3.1yrs||CA$471.11k||0.19% CA$174.9k|
Experienced Board: POCE.F's board of directors are not considered experienced ( 2.9 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: POCE.F 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.
Photon Control Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Photon Control Inc.
- Ticker: POCE.F
- Exchange: OTCPK
- Founded: 1988
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$120.191m
- Listing Market Cap: CA$90.553m
- Shares outstanding: 104.51m
- Website: https://www.photoncontrol.com
Number of Employees
- Photon Control Inc.
- 13500 Verdun Place
- Suite 130
- British Columbia
- V6V 1V2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PHO||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Aug 2000|
|POCE.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Aug 2000|
|0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2000|
Photon Control Inc. designs, manufactures, and distributes a range of optical sensors and systems to measure temperature and position. The company offers fiber optic temperature probes that measure temperature in harsh environments. It also provides single channel and multi-channel temperature sensing products. In addition, the company custom designs, develops, and manufactures optical position and displacement sensors that can measure wafer/chuck edge and center locations. Further, it offers custom design, installation, training, and support services. Photon Control Inc. serves wafer fabrication equipment manufacturers and end users in the semiconductor and related industries in the United States, Asia, and internationally. The company was formerly known as Coldswitch Technologies Inc. and changed its name to Photon Control Inc. in 2002. Photon Control Inc. was founded in 1988 and is headquartered in Richmond, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 01:27|
|End of Day Share Price||2020/02/20 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.