Titan Logix
Market Cap
US$10.0m
Last Updated
2020/01/23 00:53 UTC
Data Sources
Company Financials
Executive Summary
Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technology fluid management solutions in Canada, the United States, and internationally.
Snowflake Analysis
Flawless balance sheet with questionable track record.
Share Price & News
How has Titan Logix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TPCF.F has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.5%
TPCF.F
-0.1%
US Electronic
0.6%
US Market
1 Year Return
n/a
TPCF.F
29.0%
US Electronic
24.6%
US Market
Return vs Industry: Insufficient data to determine how TPCF.F performed against the US Electronic industry.
Return vs Market: Insufficient data to determine how TPCF.F performed against the US Market.
Shareholder returns
| TPCF.F | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | -0.1% | 0.6% |
| 30 Day | 3.3% | 1.9% | 3.0% |
| 90 Day | n/a | 9.4% | 10.6% |
| 1 Year | n/a | 30.3%29.0% | 27.3%24.6% |
| 3 Year | -4.8%-4.8% | 48.8%44.6% | 50.5%40.8% |
| 5 Year | -64.6%-64.6% | 88.8%79.2% | 78.9%59.1% |
Price Volatility Vs. Market
How volatile is Titan Logix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Titan Logix undervalued compared to its fair value and its price relative to the market?
119.39x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TPCF.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TPCF.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TPCF.F is poor value based on its PE Ratio (122x) compared to the Electronic industry average (21.2x).
PE vs Market: TPCF.F is poor value based on its PE Ratio (122x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TPCF.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TPCF.F is good value based on its PB Ratio (0.8x) compared to the US Electronic industry average (2.1x).
Next Steps
Future Growth
How is Titan Logix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
22.9%
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 Titan Logix 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
- Examine Titan Logix's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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 Titan Logix's filings and announcements here.
- Explore growth companies in the Tech industry.
Past Performance
How has Titan Logix performed over the past 5 years?
-26.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TPCF.F has high quality earnings.
Growing Profit Margin: TPCF.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TPCF.F's earnings have declined by -26.6% per year over the past 5 years.
Accelerating Growth: TPCF.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TPCF.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (53.6%).
Return on Equity
High ROE: TPCF.F's Return on Equity (0.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Titan Logix's financial position?
Financial Position Analysis
Short Term Liabilities: TPCF.F's short term assets (CA$11.6M) exceed its short term liabilities (CA$594.9K).
Long Term Liabilities: TPCF.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TPCF.F is debt free.
Reducing Debt: TPCF.F has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: TPCF.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPCF.F has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: TPCF.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: TPCF.F's debt is not covered by short term assets (assets are -514x debt).
Next Steps
Dividend
What is Titan Logix's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate TPCF.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TPCF.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 TPCF.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TPCF.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 TPCF.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 Titan Logix's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average board tenure
CEO
Alvin Pyke 0
1.9yrs
Tenure
CA$219,517
Compensation
Mr. Alvin Pyke, P.Eng. has been the Chief Executive Officer at Titan Logix Corp. since February 22, 2018 and its Chief Technology Officer since September 28, 2018. Mr. Pyke served as the Chief Executive Of ...
CEO Compensation Analysis
Compensation vs Market: Alvin's total compensation ($USD168.02K) is below average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Alvin's compensation has been consistent with company performance over the past year.
Board Age and Tenure
3.0yrs
Average Tenure
Experienced Board: TPCF.F's board of directors are considered experienced (3 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.
Recent Insider Transactions
| Entity | Company |
| Shares | 2,833,500 |
| Max Price | US$0.41 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Angela Schultz
Chief Financial Officer
- Tenure: 15yrs
- Compensation: CA$161.70k
Alvin Pyke
CEO, CTO & Director
- Tenure: 1.9yrs
- Compensation: CA$219.52k
Board Members
S. Reeves (62yo)
Independent Chairman
- Tenure: 3yrs
- Compensation: CA$24.40k
Helen Cornett
Independent Director
- Tenure: 3.6yrs
- Compensation: CA$22.00k
Warren White (67yo)
Independent Director
- Tenure: 4yrs
- Compensation: CA$22.00k
Alvin Pyke
CEO, CTO & Director
- Tenure: 1.9yrs
- Compensation: CA$219.52k
Victor Lee
Independent Director
- Tenure: 0.2yrs
Company Information
Titan Logix Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Titan Logix Corp.
- Ticker: TPCF.F
- Exchange: OTCPK
- Founded: 1979
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$13.127m
- Listing Market Cap: CA$10.009m
- Shares outstanding: 28.54m
- Website: https://www.titanlogix.com
Location
- Titan Logix Corp.
- 4130 – 93 Street NW
- Edmonton
- Alberta
- T6E 5P5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TLA | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Dec 1989 |
| TPCF.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Dec 1989 |
Biography
Titan Logix Corp., a technology company, engages in the research and development, manufacture, and marketing of technology fluid management solutions in Canada, the United States, and internationally. Its products include guided wave radar gauges for level measurement and overfill prevention; level gauges for storage tanks; and communication systems for remote alarming and control. The company also offers mobile tank gauging products, including liquid level gauges, and displays and accessories; and stationary tank gauging systems, such as free space radars, guided wave radars, totalizers and rate meters, and vibronic switches. It serves oil and gas, waste fluid collection, chemical, and aviation industries. The company was formerly known as Titan Pacific Resources Ltd. and changed its name to Titan Logix Corp. The company was founded in 1979 and is headquartered in Edmonton, Canada.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/23 00:53 |
| End of Day Share Price | 2020/01/22 00:00 |
| Earnings | 2019/08/31 |
| Annual Earnings | 2019/08/31 |
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.