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Evertz Technologies Limited

Technology CA ET

12.03CAD
-0.14(1.15%)

Last update at 2024-11-20T19:18:00Z

Day Range

11.9912.14
LowHigh

52 Week Range

11.2014.90
LowHigh

Fundamentals

  • Previous Close 12.17
  • Market Cap914.13M
  • Volume9327
  • P/E Ratio14.30
  • Dividend Yield6.40%
  • EBITDA99.40M
  • Revenue TTM500.44M
  • Revenue Per Share TTM6.58
  • Gross Profit TTM 268.26M
  • Diluted EPS TTM0.84

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-04-30 2022-04-30 2021-04-30 2020-04-30 2019-04-30
Type yearly yearly yearly yearly yearly
Date 2023-04-30 2022-04-30 2021-04-30 2020-04-30 2019-04-30
Income before tax 87.81M 97.91M 55.84M 91.96M 105.09M
Minority interest -0.52300M -0.93200M 2.17M 2.41M 2.28M
Net income 64.03M 71.75M 41.76M 68.61M 77.88M
Selling general administrative 62.06M 61.83M 50.61M 67.72M 72.32M
Selling and marketing expenses - - 49.41M 67.60M 67.82M
Gross profit 268.26M 255.31M 199.42M 248.38M 253.36M
Reconciled depreciation 16.80M 17.58M 17.60M 16.27M 11.16M
Ebit 93.66M 93.89M 72.42M 90.32M 102.44M
Ebitda 108.33M 111.47M 90.02M 106.59M 113.59M
Depreciation and amortization - 17.58M 17.60M 16.27M 11.16M
Non operating income net other - - - - -
Operating income 95.63M 93.89M 72.42M 90.32M 102.44M
Other operating expenses - 346.28M 270.04M 347.52M 343.60M
Interest expense 1.97M 2.44M 1.71M 1.84M 0.75M
Tax provision 23.25M 25.23M 13.88M 22.79M 26.58M
Interest income 8.71M 0.31M 0.69M 0.77M 0.64M
Net interest income -3.34200M -2.13600M -1.02200M -0.76800M 0.64M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 23.25M 25.23M 13.88M 22.79M 26.58M
Total revenue 454.58M 441.02M 342.89M 436.59M 443.56M
Total operating expenses 360.92M 160.58M 126.58M 159.30M 153.40M
Cost of revenue 186.32M 185.70M 143.46M 188.22M 190.20M
Total other income expense net -2.51000M 4.02M -16.57000M 1.64M 2.65M
Discontinued operations - - - - -
Net income from continuing ops 64.56M 72.68M 41.96M 69.17M 78.50M
Net income applicable to common shares 64.03M 71.75M 41.76M 68.61M 77.88M
Preferred stock and other adjustments - - - - -
Breakdown 2024-04-30 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Type yearly yearly yearly yearly yearly
Date 2024-04-30 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Total assets 484.72M 436.65M 420.98M 451.79M 443.67M
Intangible assets 1.10M 2.12M 3.32M 4.48M 1.57M
Earning assets - - - - -
Other current assets 11.18M - 5.93M 6.56M 9.00M
Total liab 218.04M 193.55M 187.33M 156.89M 146.25M
Total stockholder equity 263.27M 243.10M 230.94M 292.73M 295.01M
Deferred long term liab - - - - -
Other current liab 12.14M 82.52M 17.81M 8.45M 17.69M
Common stock 145.72M 143.34M 143.50M 143.60M 143.91M
Capital stock 145.72M 143.34M 143.50M 143.60M 143.91M
Retained earnings 97.10M 87.46M 80.64M 140.68M 141.79M
Other liab - - - 2.52M -
Good will 21.35M 21.33M 21.03M 21.14M 20.77M
Other assets 0.00000M 6.74M 5.12M 3.30M 0.20M
Cash 86.33M 12.47M 33.90M 108.77M 75.03M
Cash and equivalents - 12.47M 33.90M 108.77M 75.03M
Total current liabilities 199.12M 171.74M 164.57M 133.12M 120.79M
Current deferred revenue 119.60M - 74.27M 58.05M 45.08M
Net debt -63.10900M - -7.05400M -83.40400M -44.92200M
Short term debt 4.30M 5.93M 4.09M 4.12M 4.64M
Short long term debt - 5.93M - - 0.24M
Short long term debt total 23.22M - 26.85M 25.37M 30.10M
Other stockholder equity 0.00000M 12.29M 10.89M 9.51M 8.28M
Property plant equipment - 55.13M 62.51M 68.37M 76.62M
Total current assets 400.56M 343.17M 323.52M 347.63M 344.51M
Long term investments 0.00000M 8.16M 5.47M 6.87M -
Net tangible assets - 219.64M 206.59M 267.12M 272.67M
Short term investments - - - - 0.00000M
Net receivables 96.90M 117.90M 106.42M 79.61M 98.50M
Long term debt - - 0.00000M 2.52M 0.00000M
Inventory 206.15M 202.48M 177.27M 152.70M 161.99M
Accounts payable 63.09M 75.52M 68.41M 66.73M 62.23M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 20.44M - -4.09300M -1.06200M 1.03M
Additional paid in capital - - - - -
Common stock total equity - - - - 143.91M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.10M - - - -
Deferred long term asset charges - - - - -
Non current assets total 84.16M 93.48M 97.46M 104.16M 99.17M
Capital lease obligations 23.22M 22.89M 26.85M 25.37M 29.86M
Long term debt total - 18.83M 22.76M 23.77M 25.46M
Breakdown 2023-04-30 2022-04-30 2021-04-30 2020-04-30 2019-04-30
Type yearly yearly yearly yearly yearly
Date 2023-04-30 2022-04-30 2021-04-30 2020-04-30 2019-04-30
Investments -10.60700M -4.96300M -7.80000M -5.73900M -23.51100M
Change to liabilities 1.32M 21.30M 16.63M 5.96M -11.44200M
Total cashflows from investing activities -17.11900M -4.96300M -18.63800M -5.73900M -23.51100M
Net borrowings 1.65M -4.32200M -4.66300M -4.40900M -0.34000M
Total cash from financing activities -58.02300M -137.51600M -49.38100M -132.65700M -54.83100M
Change to operating activities -6.04000M 3.59M 1.31M 11.58M 8.86M
Net income 64.03M 72.68M 41.96M 69.17M 78.50M
Change in cash -21.43400M -74.86900M 33.75M -29.55800M 10.40M
Begin period cash flow 33.90M 108.77M 75.03M 104.58M 94.18M
End period cash flow 12.47M 33.90M 108.77M 75.03M 104.58M
Total cash from operating activities 53.81M 68.67M 101.00M 109.29M 88.47M
Issuance of capital stock - - 0.00000M 4.37M 1.02M
Depreciation 16.80M 17.58M 17.60M 16.27M 11.16M
Other cashflows from investing activities -10.54700M 0.52M -9.06100M 4.31M -11.86300M
Dividends paid 56.39M 131.20M 41.22M 124.33M 55.09M
Change to inventory -23.89900M -25.48800M 8.92M 9.35M -0.45900M
Change to account receivables -8.10900M -25.88000M 12.52M -8.52200M -10.92400M
Sale purchase of stock -0.97400M -0.69100M -1.95400M -6.49100M 1.02M
Other cashflows from financing activities -2.30200M -1.30500M -1.54200M -1.80200M -0.42400M
Change to netincome 9.70M 9.41M -2.79100M 6.51M -0.17500M
Capital expenditures 6.57M 5.48M 9.58M 10.05M 11.65M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -48.97600M -30.06400M 44.42M 17.91M -0.38900M
Stock based compensation 3.80M 1.38M 1.24M 0.42M 0.53M
Other non cash items 2.17M -5.80000M -5.07100M -9.66900M -19.75800M
Free cash flow 47.24M 63.20M 91.42M 99.24M 76.82M

Peer Comparison

Sector: Technology Industry: Communication Equipment

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
ET
Evertz Technologies Limited
-0.14 1.15% 12.03 14.30 15.02 1.83 3.49 1.69 7.99
TSAT
Telesat Corp
-0.39 2.53% 15.01 8.07 - 1.22 0.30 2.78 3.07
VCM
Vecima Networks Inc.
0.91 5.52% 17.41 23.61 15.77 1.58 1.93 1.79 10.46
QTRH
Quarterhill Inc
-0.03 1.88% 1.57 - 78.74 1.20 0.96 1.09 4.04
BYL
Baylin Technologies Inc
-0.015 3.16% 0.46 - 63.29 0.77 50.70 1.27 351.41

Reports Covered

Stock Research & News

Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions. It also provides video encoders, decoders, and multiplexing products comprising encoders/transcoders, decoders, multiplexers, monitoring and auto-changeover products, and enterprise products; optical media transport products; and audio consoles and processing products, such as mixing consoles, routing and I/O products, summing and processing products, and IP audio gateways. In addition, the company offers asset management and playout products, consisting of asset management, ingest, playout and branding, and transcoding/conforming products; live media production products; routers; flexible media edge products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides multiviewers solutions comprising IP and SDI multiviewers, MVP, and accessories; Radio Frequency (RF) products; timing and synchronization products; and infrastructure and conversion products. The company serves content creators, broadcasters, specialty channels, and television service providers. Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

Evertz Technologies Limited

5292 John Lucas Drive, Burlington, ON, Canada, L7L 5Z9

Key Executives

Name Title Year Born
Mr. Douglas A. DeBruin C.A., CPA, CPA Exec. Chairman & Exec. VP of Admin. 1963
Mr. Romolo Magarelli Pres, CEO & Director 1967
Mr. Douglas Moore CFO & Sec. NA
Mr. Rakesh Patel CTO & Director 1972
Mr. Vince Silvestri Vice-Pres of Software Systems NA
Mr. Simon Reed Managing Director of Evertz UK 1964
Mr. Brian Scott Campbell Exec. Vice-Pres of Bus. Devel. 1962
Ms. Antoniella Assalone Controller NA
Mr. Douglas A. DeBruin C.A., CPA Executive Chairman & Executive VP of Administration 1963
Mr. Romolo Magarelli President, CEO & Director 1967

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