Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Star Navigation Systems Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Star Navigation Systems Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Star Navigation Systems Group. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Star Navigation Systems Group's
is considered below, and whether this is a fair price.
Price based on past earnings
Star Navigation Systems Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
Star Navigation Systems Group has negative assets, we can't compare the value of its assets to the CA Aerospace & Defense industry average.
Take a look at our analysis of SNA’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Star Navigation Systems Group's regulatory filings and announcements.
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Star Navigation Systems Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Star Navigation Systems Group
expected to grow at an
Unable to compare Star Navigation Systems Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Star Navigation Systems Group's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Star Navigation Systems Group's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Star Navigation Systems Group is high growth as no earnings estimate data is available.
Unable to determine if Star Navigation Systems Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
All data from Star Navigation Systems Group Company Filings, last reported 5 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
CNSX:SNA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions)
Net Income *
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
It is difficult to establish if Star Navigation Systems Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
It is difficult to establish if Star Navigation Systems Group has efficiently used its assets last year compared to the North America Aerospace & Defense industry average (Return on Assets) as it is loss-making.
It is difficult to establish if Star Navigation Systems Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
Star Navigation Systems Group's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Aerospace & Defense
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Star Navigation Systems Group
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Star Navigation Systems Group's finances.
The net worth of a company is the difference between its assets and liabilities.
Star Navigation Systems Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Star Navigation Systems Group has no long term commitments.
This treemap shows a more detailed breakdown of
Star Navigation Systems Group's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Star Navigation Systems Group has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Viraf S. Kapadia has been the President of Star Navigation Systems Group Ltd., since January 8, 2007 and served as its Chief Executive Officer until May 2018. He is the Chief Executive Officer at Star Navigation Systems Group Ltd. since October 1, 2018. Mr. Kapadia served as the Chief Financial Officer and Co-Chief Executive Officer at Star Navigation Systems Group Ltd. He served as the President and Chief Executive Officer of Silver Shield Resources, Inc. He Founded Star Navigation Systems Inc. He served as the Chief Financial Officer and Company Secretary of Media Ventures Corp. He has over thirty-seven years of experience working in Europe, Asia (India, Saudi Arabia and UAE) and North America as an accountant and banker in aviation, steel and building industries. He also founded Kapadia and Associates in 1989. He served as the President Gemini Acquisitions Inc. He serves as the Chairman of Star Navigation Systems Group Ltd. and has been its Director since August 29, 2002. He served as a Director of Gemini Acquisitions Inc. He served as a Director of Silver Shield Resources, Inc. He served as Director of Media Ventures Corp. since February 20, 2007. He served as a Director of Scorpio Capital Corp. Mr. Kapadia is a Registered Professional Accountant and A.C.F.I., in Canada and a Certified Fraud Examiner in the United States.
Viraf's compensation has been consistent with company performance over the past year, both up more than 20%.
Viraf's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Star Navigation Systems Group
management team in years:
The average tenure for the Star Navigation Systems Group management team is less than 2 years, this suggests a new team.
CEO, Chairman & President
President of STAR-Isoneo
Vice President of Sales
Board of Directors
CEO, Chairman & President
Ibrahim Al Hamer
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Star Navigation Systems Group Ltd. develops, markets, and promotes in-flight safety monitoring systems (ISMS) worldwide. The company provides STAR-ISMS, an on-board real-time monitoring and data analysis system that monitors avionics systems on the aircraft, as well as analyzes data, and transmits data and incident alerts through satellite to the operators; and AMLCD flat panel displays and control units. It also offers STAT-T.T.T., a satellite flight tracking and voice/text communications system; STAR-ISMS-Medevac, a real-time telemedicine for emergency medical evacuation through air transportation; and V-trk, a system for real-time flight tracking. In addition, the company provides STAR A.D.S., an airborne data service solution that allows airline operators to access flight data; and consultation, monitoring, professional, maintenance, training, and customer services. It serves commercial airlines, helicopters, medical evacuation vehicles, and OEM manufacturers, as well as the military aviation search and rescue industries. Star Navigation Systems Group Ltd. was founded in 2000 and is headquartered in Brampton, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.