OTCPK:TPCF.F

Stock Analysis Report

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.

Rewards

Became profitable this year

Risk Analysis

Earnings have declined by -26.56% per year over past 5 years

Does not have meaningful revenue (CA$6M)

Does not have a meaningful market cap ($13M)



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.FIndustryMarket
7 Day-3.5%-0.1%0.6%
30 Day3.3%1.9%3.0%
90 Dayn/a9.4%10.6%
1 Yearn/a30.3%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

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

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

BuyUS$1,161,16523 Apr 19
The Jerry Zucker Revocable Trust
EntityCompany
Shares2,833,500
Max PriceUS$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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TLATSXV (TSX Venture Exchange)YesCommon SharesCACADDec 1989
TPCF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/23 00:53
End of Day Share Price2020/01/22 00:00
Earnings2019/08/31
Annual Earnings2019/08/31


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.