TANTALUS SYSTEMS HOLDING INC (GRID.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:GRID - CA87601F1062 - Common Stock
5 CAD
+0.03 (+0.6%)
GRID gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 13 industry peers in the Electronic Equipment, Instruments & Components industry. GRID has a bad profitability rating. Also its financial health evaluation is rather negative. GRID is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year GRID has reported negative net income.
- GRID had a positive operating cash flow in the past year.
- GRID had negative earnings in 4 of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: GRID reported negative operating cash flow in multiple years.
1.2 Ratios
- The Return On Assets of GRID (-2.44%) is better than 61.54% of its industry peers.
- GRID has a Return On Equity of -12.95%. This is comparable to the rest of the industry: GRID outperforms 46.15% of its industry peers.
- GRID's Return On Invested Capital of 2.92% is fine compared to the rest of the industry. GRID outperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.44% | ||
| ROE | -12.95% | ||
| ROIC | 2.92% |
ROA(3y)-8.36%
ROA(5y)-8.28%
ROE(3y)-85.26%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- The Operating Margin of GRID (1.06%) is better than 69.23% of its industry peers.
- Looking at the Gross Margin, with a value of 53.77%, GRID is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
- GRID's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.06% | ||
| PM (TTM) | N/A | ||
| GM | 53.77% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5Y4.17%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GRID is destroying value.
- Compared to 1 year ago, GRID has more shares outstanding
- GRID has more shares outstanding than it did 5 years ago.
- GRID has a better debt/assets ratio than last year.
2.2 Solvency
- GRID has an Altman-Z score of 1.83. This is not the best score and indicates that GRID is in the grey zone with still only limited risk for bankruptcy at the moment.
- GRID has a Altman-Z score of 1.83. This is in the lower half of the industry: GRID underperforms 61.54% of its industry peers.
- GRID has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as GRID would need 2.55 years to pay back of all of its debts.
- With an excellent Debt to FCF ratio value of 2.55, GRID belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
- GRID has a Debt/Equity ratio of 0.98. This is a neutral value indicating GRID is somewhat dependend on debt financing.
- GRID's Debt to Equity ratio of 0.98 is on the low side compared to the rest of the industry. GRID is outperformed by 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 1.83 |
ROIC/WACC0.34
WACC8.6%
2.3 Liquidity
- A Current Ratio of 1.11 indicates that GRID should not have too much problems paying its short term obligations.
- The Current ratio of GRID (1.11) is worse than 76.92% of its industry peers.
- GRID has a Quick Ratio of 1.11. This is a bad value and indicates that GRID is not financially healthy enough and could expect problems in meeting its short term obligations.
- GRID has a worse Quick ratio (0.84) than 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 85.71% over the past year.
- GRID shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.01%.
- GRID shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.28% yearly.
EPS 1Y (TTM)85.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)23.01%
Revenue growth 3Y11.26%
Revenue growth 5Y1.28%
Sales Q2Q%22.5%
3.2 Future
- GRID is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 59.27% yearly.
- The Revenue is expected to grow by 36.34% on average over the next years. This is a very strong growth
EPS Next Y52.41%
EPS Next 2Y52.97%
EPS Next 3Y59.27%
EPS Next 5YN/A
Revenue Next Year22%
Revenue Next 2Y19.79%
Revenue Next 3Y21.01%
Revenue Next 5Y36.34%
3.3 Evolution
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings Ratio is negative for GRID. In the last year negative earnings were reported.
- Based on the Price/Forward Earnings ratio of 211.49, the valuation of GRID can be described as expensive.
- Based on the Price/Forward Earnings ratio, GRID is valued a bit cheaper than 69.23% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. GRID is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 211.49 |
4.2 Price Multiples
- 69.23% of the companies in the same industry are more expensive than GRID, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of GRID indicates a somewhat cheap valuation: GRID is cheaper than 76.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.31 | ||
| EV/EBITDA | 82.27 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GRID does not grow enough to justify the current Price/Earnings ratio.
- A more expensive valuation may be justified as GRID's earnings are expected to grow with 59.27% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y52.97%
EPS Next 3Y59.27%
5. Dividend
5.1 Amount
- GRID does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX:GRID (1/16/2026, 7:00:00 PM)
5
+0.03 (+0.6%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-12 2025-11-12/amc
Earnings (Next)03-17 2026-03-17
Inst Owners19.83%
Inst Owner ChangeN/A
Ins Owners5.95%
Ins Owner ChangeN/A
Market Cap257.25M
Revenue(TTM)51.78M
Net Income(TTM)-880.50K
Analysts85
Price Target5.53 (10.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)75.45%
Min EPS beat(2)-96.08%
Max EPS beat(2)246.99%
EPS beat(4)3
Avg EPS beat(4)99.96%
Min EPS beat(4)-96.08%
Max EPS beat(4)246.99%
EPS beat(8)6
Avg EPS beat(8)55.77%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.6%
Min Revenue beat(2)4.1%
Max Revenue beat(2)5.1%
Revenue beat(4)4
Avg Revenue beat(4)3.99%
Min Revenue beat(4)2.97%
Max Revenue beat(4)5.1%
Revenue beat(8)6
Avg Revenue beat(8)-0.33%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)16.07%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)37.79%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 211.49 | ||
| P/S | 3.57 | ||
| P/FCF | 53.31 | ||
| P/OCF | 42.51 | ||
| P/B | 27.21 | ||
| P/tB | N/A | ||
| EV/EBITDA | 82.27 |
EPS(TTM)-0.01
EYN/A
EPS(NY)0.02
Fwd EY0.47%
FCF(TTM)0.09
FCFY1.88%
OCF(TTM)0.12
OCFY2.35%
SpS1.4
BVpS0.18
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.44% | ||
| ROE | -12.95% | ||
| ROCE | 4.05% | ||
| ROIC | 2.92% | ||
| ROICexc | 10.67% | ||
| ROICexgc | N/A | ||
| OM | 1.06% | ||
| PM (TTM) | N/A | ||
| GM | 53.77% | ||
| FCFM | 6.7% |
ROA(3y)-8.36%
ROA(5y)-8.28%
ROE(3y)-85.26%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.72%
GM growth 5Y4.17%
F-Score5
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 3 | ||
| Cap/Depr | 52.64% | ||
| Cap/Sales | 1.7% | ||
| Interest Coverage | 0.43 | ||
| Cash Conversion | 195.75% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 1.83 |
F-Score5
WACC8.6%
ROIC/WACC0.34
Cap/Depr(3y)15.84%
Cap/Depr(5y)26.23%
Cap/Sales(3y)0.67%
Cap/Sales(5y)1.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)85.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y52.41%
EPS Next 2Y52.97%
EPS Next 3Y59.27%
EPS Next 5YN/A
Revenue 1Y (TTM)23.01%
Revenue growth 3Y11.26%
Revenue growth 5Y1.28%
Sales Q2Q%22.5%
Revenue Next Year22%
Revenue Next 2Y19.79%
Revenue Next 3Y21.01%
Revenue Next 5Y36.34%
EBIT growth 1Y128.07%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year202.45%
EBIT Next 3Y75.02%
EBIT Next 5Y100.86%
FCF growth 1Y294.97%
FCF growth 3YN/A
FCF growth 5Y1.1%
OCF growth 1Y340.48%
OCF growth 3YN/A
OCF growth 5Y-3.79%
TANTALUS SYSTEMS HOLDING INC / GRID.CA FAQ
Can you provide the ChartMill fundamental rating for TANTALUS SYSTEMS HOLDING INC?
ChartMill assigns a fundamental rating of 3 / 10 to GRID.CA.
What is the valuation status of TANTALUS SYSTEMS HOLDING INC (GRID.CA) stock?
ChartMill assigns a valuation rating of 3 / 10 to TANTALUS SYSTEMS HOLDING INC (GRID.CA). This can be considered as Overvalued.
Can you provide the profitability details for TANTALUS SYSTEMS HOLDING INC?
TANTALUS SYSTEMS HOLDING INC (GRID.CA) has a profitability rating of 3 / 10.
What is the expected EPS growth for TANTALUS SYSTEMS HOLDING INC (GRID.CA) stock?
The Earnings per Share (EPS) of TANTALUS SYSTEMS HOLDING INC (GRID.CA) is expected to grow by 52.41% in the next year.