EVERTZ TECHNOLOGIES LIMITED chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 5.84
Dividend & Yield0.72C$ (6.00%)
Beta 0.84
Market capitalization 927.67M
Operating cash flow 49.94M
ESG Scores unknown

Company description

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 encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems. It also provides encoding, transcoding, and multiplexing products comprising ASI/IP converters, multiplexers, scramblers, and modulators; contribution encoders/decoders; transport stream processors; and software defined accelerated encoding/transcoding/muxing products, as well as audio/data/RF transporters, CWDM/DWDM multiplexors, fiber routers, SONET/SDH transporters, and video transporters. In addition, the company offers infrastructure and conversion products, including audio/data embedder/de-embedder, keyers, media and logo inserters, master control switchers, audio processing, closed captioning, conversion, audio/video delay system, distribution amplifier, and frame synchronizer products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides 3D, auto changeover, film/post graticule generator, master clock/SPG, slave clock, test/reference generator, and timecode products for live media production; EMS media server, mediator content manager, and live integrated playout products; and multi viewers. Additionally, the company offers antennas, demodulators, fiber transporters, routers/switchers, and splitters and distribution amplifiers; and audio, bypass and auto changeover, data/LTC/tally, fiber/RF, magnum unified control, video routers, and panels. It serves content creators, broadcasters, specialty channels, and television service providers. The company was founded in 1966 and is headquartered in Burlington, Canada.

Sector: Technology - Industry: Communication Equipment

Financial data

Financial Statements

Cashflow Statement 2019-04-30 2020-04-30 2021-04-30 2022-04-30
Change To Liabilities -11.44M 1.59M 16.63M 21.3M
Total Cashflows From Investing Activities -23.51M -5.74M -18.64M -4.96M
Net Borrowings -340k -4.41M -4.66M -4.32M
Total Cash From Financing Activities -54.83M -132.66M -49.38M -137.52M
Change To Operating Activities 8.86M 1.01M 1.31M 3.59M
Issuance Of Stock 1.02M 4.37M
Net Income 77.88M 68.61M 41.76M 71.75M
Change In Cash 10.4M -29.56M 33.75M -74.87M
Effect Of Exchange Rate 271k -455k 769k -1.06M
Total Cash From Operating Activities 88.47M 109.29M 101M 68.67M
Depreciation 11.16M 16.27M 17.6M 17.58M
Change To Account Receivables -3.24M 5.96M 17.56M -29.46M
Other Cashflows From Financing Activities -424k -1.8M -1.54M -1.3M
Change To Netincome -175k 6.51M -2.79M 9.41M
Capital Expenditures -11.65M -10.05M -9.58M -5.48M

Income Statement 2019-04-30 2020-04-30 2021-04-30 2022-04-30
Research Development 81.95M 88.07M 72.07M 94.19M
Income Before Tax 105.09M 91.96M 55.84M 97.91M
Net Income 77.88M 68.61M 41.76M 71.75M
Selling General Administrative 71.27M 71.23M 54.51M 66.39M
Gross Profit 253.36M 248.38M 199.42M 255.31M
Ebit 100.15M 89.07M 72.85M 94.74M
Operating Income 100.15M 89.07M 72.85M 94.74M
Interest Expense -752k -1.84M -1.71M -2.44M
Income Tax Expense 26.58M 22.79M 13.88M 25.23M
Total Revenue 443.56M 436.59M 342.89M 441.02M
Cost Of Revenue 190.2M 188.22M 143.46M 185.7M
Total Other Income ExpenseNet 4.94M 2.88M -17M 3.17M
Net Income From Continuing Ops 78.5M 69.17M 41.96M 72.68M
Net Income Applicable To Common Shares 77.88M 68.61M 41.76M 71.75M

Balance Sheet Statement 2019-04-30 2020-04-30 2021-04-30 2022-04-30
Total Liabilities 111.19M 146.25M 156.89M 187.33M
Total Stockholder Equity 353.12M 295.01M 292.73M 230.94M
Other Current Liabilities 47.01M 53.92M 62.27M 88.66M
Total Assets 466.6M 443.67M 451.79M 420.98M
Common Stock 139.87M 143.91M 143.6M 143.5M
Other Current Assets
Retained Earnings 203.28M 141.79M 140.68M 80.64M
Treasury Stock 9.97M 9.31M 8.45M 6.8M
Cash 104.58M 75.03M 108.77M 33.9M
Total Current Liabilities 110.95M 120.79M 133.12M 164.57M
Other Stockholder Equity 9.97M 9.31M 8.45M 6.8M
Property, Plant, and Equipment 48.89M 76.62M 68.37M 62.51M
Total Current Assets 393.48M 344.51M 347.63M 323.52M
Net Tangible Assets 330.45M 272.67M 267.12M 206.59M
Net Receivables 104.55M 98.5M 79.61M 106.42M
Accounts Payable 56.25M 56.84M 59.19M 62.76M


Insider Transactions

Here are the insider transactions of stock shares related to EVERTZ TECHNOLOGIES LIMITED:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 12.10 per share.D2022-03-24Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)19.7k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 12.12 per share.D2022-03-24Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)300
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 12.13 per share.D2022-03-24Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.6k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 12.18 per share.D2022-03-24Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.87 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.6k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.87 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)13.3k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.87 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)500
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.87 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)100
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.88 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.96 per share.D2022-01-26Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)4k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.98 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)10.8k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)500
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)14.2k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.1k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)400
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.95 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)17.4k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5.8k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)100
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.92 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.90 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)100
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)500
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 9.91 per share.D2022-01-25Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)700
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 10.55 per share.I2022-01-11Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)5.5k
Patel, Rakesh ThakorAcquisition or disposition in the public market at price 10.57 per share.I2022-01-11Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)200

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to EVERTZ TECHNOLOGIES LIMITED. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on EVERTZ TECHNOLOGIES LIMITED

Here is the result of two systematic investment strategies applied to EVERTZ TECHNOLOGIES LIMITED. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on EVERTZ TECHNOLOGIES LIMITED

The following chart shows the equity curve of the two systematic investment strategies applied to EVERTZ TECHNOLOGIES LIMITED:

EVERTZ TECHNOLOGIES LIMITED automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1.8% on the backtest period.

Performance at glance

Performance

1.8 %

Latent gain

26.94 C$

Invested capital

1497.66 C$

Annualized return

0.43 %
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Momentum strategy results on EVERTZ TECHNOLOGIES LIMITED

This is the result of two momentum investment strategies applied to EVERTZ TECHNOLOGIES LIMITED. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on EVERTZ TECHNOLOGIES LIMITED

The following chart shows all the entries opened by the momentum investment system on EVERTZ TECHNOLOGIES LIMITED:

EVERTZ TECHNOLOGIES LIMITED momentum entries
  • The first momentum investment strategy would give -1.23% of return on EVERTZ TECHNOLOGIES LIMITED. That represents -64.57C$ of latent gain with 5262.73C$ of employed capital.
  • The second momentum investment strategy would give 2.07% of return on EVERTZ TECHNOLOGIES LIMITED. That represents 67.01C$ of latent gain with 3243.55C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-1.23 %

Latent gain

-64.57 C$

Invested capital

5262.73 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

2.07 %

Latent gain

67.01 C$

Invested capital

3243.55 C$

Annualized return

0.57 %

Momentum equity curve on EVERTZ TECHNOLOGIES LIMITED

The following chart shows the equity curve of the two momentum strategies applied to EVERTZ TECHNOLOGIES LIMITED:

EVERTZ TECHNOLOGIES LIMITED momentum equity

Note: the dividends potentially given by EVERTZ TECHNOLOGIES LIMITED are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EVERTZ TECHNOLOGIES LIMITED

The following chart shows the employed capital evolution of the two momentum strategies on EVERTZ TECHNOLOGIES LIMITED since the beginning:

EVERTZ TECHNOLOGIES LIMITED

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on EVERTZ TECHNOLOGIES LIMITED

Buy the dip entry openings on EVERTZ TECHNOLOGIES LIMITED

EVERTZ TECHNOLOGIES LIMITED

The performance achieved by the robo-advisor on EVERTZ TECHNOLOGIES LIMITED is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows EVERTZ TECHNOLOGIES LIMITED stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of EVERTZ TECHNOLOGIES LIMITED, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to EVERTZ TECHNOLOGIES LIMITED

The following chart shows the result of the investment strategy applied to EVERTZ TECHNOLOGIES LIMITED:

EVERTZ TECHNOLOGIES LIMITED

Note: the dividends potentially given by EVERTZ TECHNOLOGIES LIMITED are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EVERTZ TECHNOLOGIES LIMITED

The following chart shows the employed capital evolution since the beginning of the investment strategy on EVERTZ TECHNOLOGIES LIMITED:

EVERTZ TECHNOLOGIES LIMITED

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on EVERTZ TECHNOLOGIES LIMITED

In this section, I will compare the three previous investment strategies applied to EVERTZ TECHNOLOGIES LIMITED.

Equity curve comparison on EVERTZ TECHNOLOGIES LIMITED

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

EVERTZ TECHNOLOGIES LIMITED investment strategy comparison

Employed capital comparison on EVERTZ TECHNOLOGIES LIMITED

EVERTZ TECHNOLOGIES LIMITED investment comparison

Performance comparison on EVERTZ TECHNOLOGIES LIMITED

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1.8% 26.94C$ 1497.66C$ 0.43%
Momentum 1 quarter -1.23% -64.57C$ 5262.73C$ -0.32%
Momentum 2 quarters 2.07% 67.01C$ 3243.55C$ 0.57%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

0.43 %

Momentum 1Q

0.57 %

Momentum 2Q

0.57 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with EVERTZ TECHNOLOGIES LIMITED:

Positive correlations

Most correlated stocks this year

  • EVERTZ TECHNOLOGIES LIMITED

  • Most correlated stocks last 3 months

  • EVERTZ TECHNOLOGIES LIMITED
  • Dominion Energy Inc
  • TravelCenters of America Inc
  • ROYAL BANK OF CANADA

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between EVERTZ TECHNOLOGIES LIMITED and the other stocks. There may be false positives or some missing correlated stocks. If the price of EVERTZ TECHNOLOGIES LIMITED does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name EVERTZ TECHNOLOGIES LIMITED
    Country Canada
    City Burlington
    Address 5292 John Lucas Drive
    Phone
    Website www.evertz.com
    FullTime employees
    Industry Communication Equipment
    Sector Technology
    Exchange XTSE
    Ticker ET.XTSE
    Market

    EVERTZ TECHNOLOGIES LIMITED ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown