Logo image of NDA.CA

NEPTUNE DIGITAL ASSETS CORP (NDA.CA) Stock Fundamental Analysis

Canada - TSX-V:NDA - CA64073L1013 - Common Stock

1.23 CAD
+0.04 (+3.36%)
Last: 9/17/2025, 7:00:00 PM
Fundamental Rating

2

NDA gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 64 industry peers in the Software industry. While NDA seems to be doing ok healthwise, there are quite some concerns on its profitability. NDA does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year NDA has reported negative net income.
In the past year NDA has reported a negative cash flow from operations.
The reported net income has been mixed in the past 5 years: NDA reported negative net income in multiple years.
In the past 5 years NDA always reported negative operating cash flow.
NDA.CA Yearly Net Income VS EBIT VS OCF VS FCFNDA.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -5M -10M -15M -20M

1.2 Ratios

Looking at the Return On Assets, with a value of -0.71%, NDA is in line with its industry, outperforming 54.69% of the companies in the same industry.
With a Return On Equity value of -0.79%, NDA perfoms like the industry average, outperforming 57.81% of the companies in the same industry.
Industry RankSector Rank
ROA -0.71%
ROE -0.79%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NDA.CA Yearly ROA, ROE, ROICNDA.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

1.3 Margins

NDA has a Gross Margin (36.49%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of NDA has declined.
NDA does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 36.49%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5Y-38.42%
NDA.CA Yearly Profit, Operating, Gross MarginsNDA.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -1K -2K -3K -4K -5K

More info and screens

4

2. Health

2.1 Basic Checks

NDA does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for NDA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NDA.CA Yearly Shares OutstandingNDA.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
NDA.CA Yearly Total Debt VS Total AssetsNDA.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M

2.2 Solvency

An Altman-Z score of 11.31 indicates that NDA is not in any danger for bankruptcy at the moment.
NDA's Altman-Z score of 11.31 is amongst the best of the industry. NDA outperforms 85.94% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that NDA is not too dependend on debt financing.
NDA has a Debt to Equity ratio of 0.10. This is in the better half of the industry: NDA outperforms 64.06% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF N/A
Altman-Z 11.31
ROIC/WACCN/A
WACC10.44%
NDA.CA Yearly LT Debt VS Equity VS FCFNDA.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M 50M

2.3 Liquidity

A Current Ratio of 1.40 indicates that NDA should not have too much problems paying its short term obligations.
NDA has a Current ratio (1.40) which is in line with its industry peers.
A Quick Ratio of 1.40 indicates that NDA should not have too much problems paying its short term obligations.
NDA has a Quick ratio (1.40) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.4
Quick Ratio 1.4
NDA.CA Yearly Current Assets VS Current LiabilitesNDA.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M

More info and screens

2

3. Growth

3.1 Past

NDA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -230.00%.
Looking at the last year, NDA shows a very negative growth in Revenue. The Revenue has decreased by -21.46% in the last year.
Measured over the past years, NDA shows a very strong growth in Revenue. The Revenue has been growing by 54.12% on average per year.
EPS 1Y (TTM)-230%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-115%
Revenue 1Y (TTM)-21.46%
Revenue growth 3Y69.9%
Revenue growth 5Y54.12%
Sales Q2Q%-27.7%

3.2 Future

The Earnings Per Share is expected to decrease by -74.07% on average over the next years. This is quite bad
Based on estimates for the next years, NDA will show a very negative growth in Revenue. The Revenue will decrease by -13.18% on average per year.
EPS Next Y3%
EPS Next 2Y-74.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-8.33%
Revenue Next 2Y-13.18%
Revenue Next 3YN/A
Revenue Next 5YN/A

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 decreasing.
NDA.CA Yearly Revenue VS EstimatesNDA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 1M 2M 3M 4M
NDA.CA Yearly EPS VS EstimatesNDA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2024 2025 2026 0 -0.05 -0.1 -0.15

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

NDA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year NDA is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NDA.CA Price Earnings VS Forward Price EarningsNDA.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -50 -100

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NDA.CA Per share dataNDA.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4

4.3 Compensation for Growth

A cheap valuation may be justified as NDA's earnings are expected to decrease with -74.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-74.07%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

NDA does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NEPTUNE DIGITAL ASSETS CORP

TSX-V:NDA (9/17/2025, 7:00:00 PM)

1.23

+0.04 (+3.36%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)07-23 2025-07-23/bmo
Earnings (Next)12-18 2025-12-18
Inst Owners0.59%
Inst Owner ChangeN/A
Ins Owners5.5%
Ins Owner ChangeN/A
Market Cap156.17M
Analysts84.44
Price Target3.06 (148.78%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
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)15.57%
Min Revenue beat(2)8.93%
Max Revenue beat(2)22.21%
Revenue beat(4)2
Avg Revenue beat(4)-6.73%
Min Revenue beat(4)-47.26%
Max Revenue beat(4)22.21%
Revenue beat(8)4
Avg Revenue beat(8)-2.3%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)100%
EPS NY rev (1m)-95%
EPS NY rev (3m)-95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-33.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-8.67%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 96.78
P/FCF N/A
P/OCF N/A
P/B 2.1
P/tB 2.1
EV/EBITDA N/A
EPS(TTM)-0.03
EYN/A
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.01
BVpS0.59
TBVpS0.59
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.71%
ROE -0.79%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 36.49%
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
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 3YN/A
GM growth 5Y-38.42%
F-Score3
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.4
Quick Ratio 1.4
Altman-Z 11.31
F-Score3
WACC10.44%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-230%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-115%
EPS Next Y3%
EPS Next 2Y-74.07%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-21.46%
Revenue growth 3Y69.9%
Revenue growth 5Y54.12%
Sales Q2Q%-27.7%
Revenue Next Year-8.33%
Revenue Next 2Y-13.18%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.2%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-22.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-22.4%
OCF growth 3YN/A
OCF growth 5YN/A