TANTALUS SYSTEMS HOLDING INC (GRID.CA) Stock Fundamental Analysis

TSX:GRID • CA87601F1062

5.34 CAD
+0.24 (+4.71%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, GRID scores 4 out of 10 in our fundamental rating. GRID was compared to 15 industry peers in the Electronic Equipment, Instruments & Components industry. GRID scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. While showing a medium growth rate, GRID is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • GRID had negative earnings in the past year.
  • GRID had a positive operating cash flow in the past year.
  • GRID had negative earnings in 4 of the past 5 years.
  • In multiple years GRID reported negative operating cash flow during the last 5 years.
GRID.CA Yearly Net Income VS EBIT VS OCF VS FCFGRID.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 -5M -10M -15M

1.2 Ratios

  • GRID has a Return On Assets of -2.44%. This is in the better half of the industry: GRID outperforms 73.33% of its industry peers.
  • GRID has a Return On Equity (-12.95%) which is comparable to the rest of the industry.
  • Looking at the Return On Invested Capital, with a value of 2.92%, GRID is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
Industry RankSector 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
GRID.CA Yearly ROA, ROE, ROICGRID.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100

1.3 Margins

  • GRID has a Operating Margin of 1.06%. This is in the better half of the industry: GRID outperforms 73.33% of its industry peers.
  • GRID has a Gross Margin of 53.77%. This is in the better half of the industry: GRID outperforms 80.00% of its industry peers.
  • In the last couple of years the Gross Margin of GRID has grown nicely.
Industry RankSector 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%
GRID.CA Yearly Profit, Operating, Gross MarginsGRID.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GRID is destroying value.
  • GRID has more shares outstanding than it did 1 year ago.
  • GRID has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for GRID has been reduced compared to a year ago.
GRID.CA Yearly Shares OutstandingGRID.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
GRID.CA Yearly Total Debt VS Total AssetsGRID.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

2.2 Solvency

  • An Altman-Z score of 2.56 indicates that GRID is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • GRID has a Altman-Z score of 2.56. This is comparable to the rest of the industry: GRID outperforms 46.67% of its industry peers.
  • The Debt to FCF ratio of GRID is 2.55, which is a good value as it means it would take GRID, 2.55 years of fcf income to pay off all of its debts.
  • With an excellent Debt to FCF ratio value of 2.55, GRID belongs to the best of the industry, outperforming 86.67% of the companies in the same industry.
  • A Debt/Equity ratio of 0.98 indicates that GRID is somewhat dependend on debt financing.
  • The Debt to Equity ratio of GRID (0.98) is worse than 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF 2.55
Altman-Z 2.56
ROIC/WACC0.33
WACC8.89%
GRID.CA Yearly LT Debt VS Equity VS FCFGRID.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 2M -2M 4M -4M 6M

2.3 Liquidity

  • A Current Ratio of 1.11 indicates that GRID should not have too much problems paying its short term obligations.
  • GRID's Current ratio of 1.11 is on the low side compared to the rest of the industry. GRID is outperformed by 66.67% 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's Quick ratio of 0.84 is on the low side compared to the rest of the industry. GRID is outperformed by 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 0.84
GRID.CA Yearly Current Assets VS Current LiabilitesGRID.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • GRID shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 85.71%, which is quite impressive.
  • GRID shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.01%.
  • The Revenue has been growing slightly by 1.28% on average over the past years.
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

  • The Earnings Per Share is expected to grow by 57.46% on average over the next years. This is a very strong growth
  • GRID is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 36.34% yearly.
EPS Next Y54.1%
EPS Next 2Y53.53%
EPS Next 3Y57.46%
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.
GRID.CA Yearly Revenue VS EstimatesGRID.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M
GRID.CA Yearly EPS VS EstimatesGRID.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.05 -0.05 -0.1 -0.15

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • GRID reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • With a Price/Forward Earnings ratio of 219.53, GRID can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GRID indicates a somewhat cheap valuation: GRID is cheaper than 66.67% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, GRID is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 219.53
GRID.CA Price Earnings VS Forward Price EarningsGRID.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 200 -200 -400

4.2 Price Multiples

  • 73.33% of the companies in the same industry are more expensive than GRID, based on the Enterprise Value to EBITDA ratio.
  • GRID's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GRID is cheaper than 80.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 63.21
EV/EBITDA 98.22
GRID.CA Per share dataGRID.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6 0.8 1

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 57.46% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y53.53%
EPS Next 3Y57.46%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • GRID does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TANTALUS SYSTEMS HOLDING INC

TSX:GRID (2/13/2026, 7:00:00 PM)

5.34

+0.24 (+4.71%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-12
Earnings (Next)03-17
Inst Owners19.83%
Inst Owner ChangeN/A
Ins Owners5.95%
Ins Owner ChangeN/A
Market Cap298.93M
Revenue(TTM)51.78M
Net Income(TTM)-880.50K
Analysts84.62
Price Target7.16 (34.08%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)29.54%
PT rev (3m)46.44%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.56%
EPS NY rev (3m)40%
Revenue NQ rev (1m)0.44%
Revenue NQ rev (3m)-1.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.9%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 219.53
P/S 4.24
P/FCF 63.21
P/OCF 50.4
P/B 32.26
P/tB N/A
EV/EBITDA 98.22
EPS(TTM)-0.01
EYN/A
EPS(NY)0.02
Fwd EY0.46%
FCF(TTM)0.08
FCFY1.58%
OCF(TTM)0.11
OCFY1.98%
SpS1.26
BVpS0.17
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector 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 RankSector 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 2.56
F-Score5
WACC8.89%
ROIC/WACC0.33
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 Y54.1%
EPS Next 2Y53.53%
EPS Next 3Y57.46%
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 4 / 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 54.1% in the next year.