TANTALUS SYSTEMS HOLDING INC (GRID.CA) Stock Fundamental Analysis
TSX:GRID - Toronto Stock Exchange - CA87601F1062 - Common Stock - Currency: CAD
Taking everything into account, GRID scores 4 out of 10 in our fundamental rating. GRID was compared to 14 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 not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
GRID had negative earnings in the past year.
In the past year GRID had a positive cash flow from operations.
In the past 5 years GRID reported 4 times negative net income.
In multiple years GRID reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -3.92%, GRID is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
GRID has a Return On Equity (-26.83%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.92% | ||
| ROE | -26.83% | ||
| ROIC | N/A |
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 Gross Margin of GRID (54.50%) is better than 85.71% of its industry peers.
GRID's Gross Margin has improved in the last couple of years.
GRID does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 54.5% |
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
GRID does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GRID has been increased compared to 1 year ago.
Compared to 5 years ago, GRID has more shares outstanding
Compared to 1 year ago, GRID has an improved debt to assets ratio.
2.2 Solvency
GRID has an Altman-Z score of -0.39. This is a bad value and indicates that GRID is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.39, GRID is doing worse than 64.29% of the companies in the same industry.
The Debt to FCF ratio of GRID is 2.25, which is a good value as it means it would take GRID, 2.25 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.25, GRID belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 1.52 is on the high side and indicates that GRID has dependencies on debt financing.
The Debt to Equity ratio of GRID (1.52) is worse than 71.43% of its industry peers.
Even though the debt/equity ratio score it not favorable for GRID, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 2.25 | ||
| Altman-Z | -0.39 |
ROIC/WACCN/A
WACC8.39%
2.3 Liquidity
GRID has a Current Ratio of 1.04. This is a normal value and indicates that GRID is financially healthy and should not expect problems in meeting its short term obligations.
GRID has a worse Current ratio (1.04) than 71.43% of its industry peers.
A Quick Ratio of 0.88 indicates that GRID may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.88, GRID is in line with its industry, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
GRID shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.96%, which is quite impressive.
Looking at the last year, GRID shows a quite strong growth in Revenue. The Revenue has grown by 13.85% in the last year.
The Revenue has been growing slightly by 1.28% on average over the past years.
EPS 1Y (TTM)62.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
Revenue 1Y (TTM)13.85%
Revenue growth 3Y11.26%
Revenue growth 5Y1.28%
Sales Q2Q%26.71%
3.2 Future
The Earnings Per Share is expected to grow by 66.93% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 36.34% on average over the next years. This is a very strong growth
EPS Next Y83.68%
EPS Next 2Y61.62%
EPS Next 3Y66.93%
EPS Next 5YN/A
Revenue Next Year17.8%
Revenue Next 2Y18.03%
Revenue Next 3Y21.64%
Revenue Next 5Y36.34%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GRID. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 56.80, which means the current valuation is very expensive for GRID.
Based on the Price/Forward Earnings ratio, GRID is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.15. GRID is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 56.8 |
4.2 Price Multiples
GRID's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GRID is cheaper than 71.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GRID is valued a bit cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.93 | ||
| EV/EBITDA | 61.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GRID's earnings are expected to grow with 66.93% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y61.62%
EPS Next 3Y66.93%
5. Dividend
5.1 Amount
No dividends for GRID!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:GRID (5/30/2025, 7:00:00 PM)
2.4
+0.01 (+0.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners16.82%
Inst Owner ChangeN/A
Ins Owners3.92%
Ins Owner ChangeN/A
Market Cap122.47M
Analysts83.33
Price Target3.52 (46.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)2
Avg EPS beat(2)124.47%
Min EPS beat(2)1.96%
Max EPS beat(2)246.99%
EPS beat(4)4
Avg EPS beat(4)72.84%
Min EPS beat(4)1.96%
Max EPS beat(4)246.99%
EPS beat(8)7
Avg EPS beat(8)47.2%
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)3.38%
Min Revenue beat(2)2.97%
Max Revenue beat(2)3.78%
Revenue beat(4)4
Avg Revenue beat(4)2.63%
Min Revenue beat(4)1.83%
Max Revenue beat(4)3.78%
Revenue beat(8)5
Avg Revenue beat(8)-0.79%
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)1.47%
PT rev (3m)13.11%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-100%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)1.04%
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)0.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 56.8 | ||
| P/S | 1.89 | ||
| P/FCF | 15.93 | ||
| P/OCF | 14.49 | ||
| P/B | 13.81 | ||
| P/tB | N/A | ||
| EV/EBITDA | 61.62 |
EPS(TTM)-0.04
EYN/A
EPS(NY)0.04
Fwd EY1.76%
FCF(TTM)0.15
FCFY6.28%
OCF(TTM)0.17
OCFY6.9%
SpS1.27
BVpS0.17
TBVpS-0.06
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.92% | ||
| ROE | -26.83% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 54.5% | ||
| FCFM | 11.9% |
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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 2.25 | ||
| Debt/EBITDA | 7.39 | ||
| Cap/Depr | 31.98% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 462.2% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | -0.39 |
F-Score5
WACC8.39%
ROIC/WACCN/A
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)62.96%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%66.67%
EPS Next Y83.68%
EPS Next 2Y61.62%
EPS Next 3Y66.93%
EPS Next 5YN/A
Revenue 1Y (TTM)13.85%
Revenue growth 3Y11.26%
Revenue growth 5Y1.28%
Sales Q2Q%26.71%
Revenue Next Year17.8%
Revenue Next 2Y18.03%
Revenue Next 3Y21.64%
Revenue Next 5Y36.34%
EBIT growth 1Y82.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year166.63%
EBIT Next 3Y78.71%
EBIT Next 5Y100.86%
FCF growth 1Y538.58%
FCF growth 3YN/A
FCF growth 5Y1.1%
OCF growth 1Y637%
OCF growth 3YN/A
OCF growth 5Y-3.79%