ZTEST Electronics Inc., through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards and other electronic equipment in Canada.
+ 2 more risks
Flawless balance sheet with weak fundamentals.
Share Price & News
How has ZTEST Electronics's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ZTST.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ZTST.F underperformed the US Electronic industry which returned 2% over the past year.
Return vs Market: ZTST.F underperformed the US Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is ZTEST Electronics's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ZTEST Electronics undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ZTST.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ZTST.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ZTST.F is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: ZTST.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 ZTST.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ZTST.F is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (1.9x).
How is ZTEST Electronics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 ZTEST Electronics 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.
- Examine ZTEST Electronics'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 ZTEST Electronics's filings and announcements here.
- Explore growth companies in the Tech industry.
How has ZTEST Electronics performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZTST.F is currently unprofitable.
Growing Profit Margin: ZTST.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ZTST.F is unprofitable, and losses have increased over the past 5 years at a rate of -55.5% per year.
Accelerating Growth: Unable to compare ZTST.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ZTST.F is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (12%).
Return on Equity
High ROE: ZTST.F has a negative Return on Equity (-28.84%), as it is currently unprofitable.
How is ZTEST Electronics's financial position?
Financial Position Analysis
Short Term Liabilities: ZTST.F's short term assets (CA$1.2M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: ZTST.F's short term assets (CA$1.2M) exceed its long term liabilities (CA$54.2K).
Debt to Equity History and Analysis
Debt Level: ZTST.F's debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: ZTST.F's debt to equity ratio has reduced from 148.6% to 6.2% over the past 5 years.
Inventory Level: ZTST.F has a high level of physical assets or inventory.
Debt Coverage by Assets: ZTST.F's debt is covered by short term assets (assets are 15.5x 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: ZTST.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ZTST.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -48.7% each year
What is ZTEST Electronics's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ZTST.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ZTST.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 ZTST.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ZTST.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 ZTST.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 board tenure
Steve Smith (62yo)
Mr. Stephen Smith, also known as Steve, has been President and Chief Executive Officer of ZTEST Electronics Inc. July 03, 2018 and has been its Director since December 19, 2017. He is Founder of Tangent Ma ...
|President & CEO||1.6yrs||CA$171.27k||1.93% CA$63.2k|
|Independent Director||23.7yrs||CA$58.02k||2.31% CA$75.5k|
|Independent Director||3.2yrs||CA$70.02k||no data|
|Director||0.3yrs||no data||0.21% CA$7.0k|
Experienced Board: ZTST.F's board of directors are not considered experienced ( 2.7 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.8%.
ZTEST Electronics Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ZTEST Electronics Inc.
- Ticker: ZTST.F
- Exchange: OTCPK
- Founded: 1960
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$3.269m
- Shares outstanding: 21.10m
- Website: https://www.ztest.com
- ZTEST Electronics Inc.
- 523 McNicoll Avenue
- M2H 2C9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ZTE||CNSX (Canadian National Stock Exchange)||Yes||Common Shares||CA||CAD||Feb 1998|
|ZTST.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Feb 1998|
|1DW||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Feb 1998|
ZTEST Electronics Inc., through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards and other electronic equipment in Canada. The company was founded in 1960 and is based in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 00:11|
|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.