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Intrinsyc Technologies

TSX:ITC
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ITC
TSX
CA$32M
Market Cap
  1. Home
  2. CA
  3. Software
Company description

Intrinsyc Technologies Corporation provides solutions for the development and production of mobile, embedded, and Internet of Things devices in the United States, the Asia Pacific, Europe, Canada, and internationally. The last earnings update was 21 days ago. More info.


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  • Intrinsyc Technologies has significant price volatility in the past 3 months.
ITC Share Price and Events
7 Day Returns
2.6%
TSX:ITC
-3.6%
CA Software
-1.3%
CA Market
1 Year Returns
13%
TSX:ITC
29.6%
CA Software
7.7%
CA Market
ITC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Intrinsyc Technologies (ITC) 2.6% 2% 44.4% 13% -13.3% 66%
CA Software -3.6% 6.4% 0.9% 29.6% 77.2% 149.7%
CA Market -1.3% 0.7% 1% 7.7% 5.1% 18%
1 Year Return vs Industry and Market
  • ITC underperformed the Software industry which returned 29.6% over the past year.
  • ITC outperformed the Market in Canada which returned 7.7% over the past year.
Price Volatility
ITC
Industry
5yr Volatility vs Market

ITC Value

 Is Intrinsyc Technologies undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Intrinsyc Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Intrinsyc Technologies.

TSX:ITC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSX:ITC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.4%
Equity Risk Premium S&P Global 5.4%
Software Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.129 (1 + (1- 26.5%) (5.47%))
1.117
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.44% + (1.117 * 5.44%)
7.52%

Discounted Cash Flow Calculation for TSX:ITC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Intrinsyc Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSX:ITC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.52%)
2020 2.33 Analyst x1 2.16
2021 2.45 Analyst x1 2.12
2022 2.54 Est @ 3.65% 2.04
2023 2.61 Est @ 2.98% 1.95
2024 2.68 Est @ 2.52% 1.86
2025 2.74 Est @ 2.2% 1.77
2026 2.79 Est @ 1.97% 1.68
2027 2.84 Est @ 1.81% 1.59
2028 2.89 Est @ 1.7% 1.50
2029 2.93 Est @ 1.62% 1.42
Present value of next 10 years cash flows $18.00
TSX:ITC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $2.93 × (1 + 1.44%) ÷ (7.52% – 1.44%)
$48.99
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $48.99 ÷ (1 + 7.52%)10
$23.73
TSX:ITC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $18.00 + $23.73
$41.73
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $41.73 / 20.04
$2.08
TSX:ITC Discount to Share Price
Calculation Result
Exchange Rate USD/CAD
(Reporting currency to currency of TSX:ITC)
1.322
Value per Share
(CAD)
= Value per Share in USD x Exchange Rate (USD/CAD)
= $2.08 x 1.322
CA$2.75
Value per share (CAD) From above. CA$2.75
Current discount Discount to share price of CA$1.56
= -1 x (CA$1.56 - CA$2.75) / CA$2.75
43.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Intrinsyc Technologies is available for.
Intrinsic value
43%
Share price is CA$1.56 vs Future cash flow value of CA$2.75
Current Discount Checks
For Intrinsyc Technologies to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Intrinsyc Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Intrinsyc Technologies's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Intrinsyc Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Intrinsyc Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSX:ITC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.03
TSX:ITC Share Price ** TSX (2019-12-05) in CAD CA$1.56
TSX:ITC Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $1.18
Canada Software Industry PE Ratio Median Figure of 14 Publicly-Listed Software Companies 21.67x
Canada Market PE Ratio Median Figure of 513 Publicly-Listed Companies 15.04x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Intrinsyc Technologies.

TSX:ITC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:ITC Share Price ÷ EPS (both in USD)

= 1.18 ÷ -0.03

-44.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intrinsyc Technologies is loss making, we can't compare its value to the CA Software industry average.
  • Intrinsyc Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Intrinsyc Technologies's expected growth come at a high price?
Raw Data
TSX:ITC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -44.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Canada Software Industry PEG Ratio Median Figure of 7 Publicly-Listed Software Companies 3.92x
Canada Market PEG Ratio Median Figure of 236 Publicly-Listed Companies 1.12x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Intrinsyc Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Intrinsyc Technologies's assets?
Raw Data
TSX:ITC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.59
TSX:ITC Share Price * TSX (2019-12-05) in CAD CA$1.56
TSX:ITC Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.756 $1.18
Canada Software Industry PB Ratio Median Figure of 80 Publicly-Listed Software Companies 2.06x
Canada Market PB Ratio Median Figure of 2,315 Publicly-Listed Companies 1.28x
TSX:ITC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:ITC Share Price ÷ Book Value per Share (both in USD)

= 1.18 ÷ 0.59

2.01x

* Primary Listing of Intrinsyc Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Intrinsyc Technologies is good value based on assets compared to the CA Software industry average.
X
Value checks
We assess Intrinsyc Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Intrinsyc Technologies has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ITC Future Performance

 How is Intrinsyc Technologies expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth 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 it right!
Annual Growth Rate
7.5%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Intrinsyc Technologies expected to grow at an attractive rate?
  • Unable to compare Intrinsyc Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Intrinsyc Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Intrinsyc Technologies's revenue growth is expected to exceed the Canada market average.
Annual Growth Rates Comparison
Raw Data
TSX:ITC Future Growth Rates Data Sources
Data Point Source Value (per year)
TSX:ITC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 7.5%
Canada Software Industry Earnings Growth Rate Market Cap Weighted Average 15.4%
Canada Software Industry Revenue Growth Rate Market Cap Weighted Average 16.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 10.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSX:ITC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSX:ITC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 32 1
2021-12-31 30 2
2020-12-31 28 2
2019-12-31 26 1
TSX:ITC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 25 -2 -1
2019-06-30 25 -1 -1
2019-03-31 26 -1 -1
2018-12-31 26 1 0
2018-09-30 25 1 1
2018-06-30 24 0 1
2018-03-31 22 0 1
2017-12-31 21 0 1
2017-09-30 18 0 0
2017-06-30 17 1 1
2017-03-31 18 1 1
2016-12-31 17 0 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Intrinsyc Technologies is high growth as no earnings estimate data is available.
  • Intrinsyc Technologies's revenue is expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).
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.
Raw Data
TSX:ITC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Intrinsyc Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:ITC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31
TSX:ITC Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.03
2019-06-30 -0.03
2019-03-31 -0.03
2018-12-31 -0.01
2018-09-30 0.05
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.02
2017-06-30 0.03
2017-03-31 0.06
2016-12-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Intrinsyc Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Intrinsyc Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Intrinsyc Technologies has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ITC Past Performance

  How has Intrinsyc Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Intrinsyc Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Intrinsyc Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Intrinsyc Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Intrinsyc Technologies's 1-year growth to the CA Software industry average as it is not currently profitable.
Earnings and Revenue History
Intrinsyc Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Intrinsyc Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSX:ITC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 24.88 -0.54 5.95 1.46
2019-06-30 24.80 -0.56 6.03 1.49
2019-03-31 25.75 -0.52 6.03 1.54
2018-12-31 25.68 -0.18 5.92 1.51
2018-09-30 25.37 1.04 5.88 1.46
2018-06-30 24.09 0.81 5.56 1.44
2018-03-31 22.25 0.69 5.28 1.41
2017-12-31 20.66 0.62 5.15 1.31
2017-09-30 18.19 0.38 4.60 1.22
2017-06-30 17.43 0.66 4.45 1.20
2017-03-31 17.66 1.27 4.50 1.05
2016-12-31 17.46 1.66 4.41 0.91
2016-09-30 17.20 2.26 4.55 0.65
2016-06-30 16.51 1.88 4.46 0.41
2016-03-31 14.57 1.54 4.09 0.36
2015-12-31 12.55 0.72 3.77 0.40
2015-09-30 11.07 -0.22 3.49 0.61
2015-06-30 10.40 -0.28 3.18 0.79
2015-03-31 10.06 -0.34 3.01 0.83
2014-12-31 10.08 -0.17 2.97 0.71
2014-09-30 9.13 0.07 2.70 0.48
2014-06-30 7.89 -0.19 2.82 0.26
2014-03-31 6.96 -1.52 4.10 0.12
2013-12-31 5.90 -2.08 4.39 0.07
2013-09-30 5.84 -2.44 4.57 0.10
2013-06-30 6.02 -2.34 4.52 0.14
2013-03-31 6.58 -1.28 3.60 0.15
2012-12-31 7.54 -0.87 3.56 0.17

*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 funds, assets and capital.
  • It is difficult to establish if Intrinsyc Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Intrinsyc Technologies has efficiently used its assets last year compared to the CA Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Intrinsyc Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Intrinsyc Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
Intrinsyc Technologies 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.

Full details on the Past part of the Simply Wall St company analysis model.

ITC Health

 How is Intrinsyc Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Intrinsyc Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Intrinsyc Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Intrinsyc Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Intrinsyc Technologies'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 checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Intrinsyc Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, 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.
Raw Data

All data from Intrinsyc Technologies Company Filings, last reported 2 months ago.

TSX:ITC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 11.74 0.00 3.58
2019-06-30 11.35 0.00 3.82
2019-03-31 11.44 0.00 4.16
2018-12-31 11.67 0.00 5.97
2018-09-30 13.51 0.00 7.43
2018-06-30 13.11 0.00 7.46
2018-03-31 13.04 0.00 6.85
2017-12-31 13.04 0.00 7.25
2017-09-30 12.56 0.00 7.68
2017-06-30 12.33 0.00 7.70
2017-03-31 12.27 0.00 7.73
2016-12-31 12.15 0.00 7.55
2016-09-30 12.02 0.00 7.58
2016-06-30 11.58 0.00 7.21
2016-03-31 10.76 0.00 6.15
2015-12-31 10.15 0.00 7.02
2015-09-30 9.27 0.00 6.88
2015-06-30 9.26 0.00 6.64
2015-03-31 8.84 0.00 6.17
2014-12-31 9.13 0.00 6.82
2014-09-30 9.21 0.00 8.56
2014-06-30 9.24 0.00 8.42
2014-03-31 8.97 0.00 8.10
2013-12-31 9.11 0.00 9.15
2013-09-30 9.25 0.00 9.17
2013-06-30 9.37 0.00 9.40
2013-03-31 10.83 0.00 11.09
2012-12-31 11.81 0.00 11.33
  • Intrinsyc Technologies has no debt.
  • Intrinsyc Technologies has not taken on any debt in the past 5 years.
  • Intrinsyc Technologies has no debt, it does not need to be covered by operating cash flow.
  • Intrinsyc Technologies has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Intrinsyc Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Intrinsyc Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ITC Dividends

 What is Intrinsyc Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Intrinsyc Technologies dividends.
If you bought CA$2,000 of Intrinsyc Technologies shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Intrinsyc Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Intrinsyc Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSX:ITC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
North America Software Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 1.4%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSX:ITC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Intrinsyc Technologies has not reported any payouts.
  • Unable to verify if Intrinsyc Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Intrinsyc Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Intrinsyc Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Intrinsyc Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Intrinsyc Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Intrinsyc Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ITC Management

 What is the CEO of Intrinsyc Technologies's salary, the management and board of directors tenure and is there insider trading?

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.
CEO
Tracy Rees
COMPENSATION $434,565
AGE 57
TENURE AS CEO 11.1 years
CEO Bio

Mr. Tracy A. Rees has been the Chief Executive Officer and President of Intrinsyc Technologies Corporation (also known as Intrinsyc Software International Inc) since June 04, 2009 and as its Director since June 15, 2017. Mr. Rees served as an Interim Chief Executive Officer of Intrinsyc Software International Inc. from November 12, 2008 to June 5, 2009. Mr. Rees focused on Intrinsyc Software's energies on revenue generating activities and emerging product areas. Mr. Rees has more than 25 years of experience in the high technology industry with deep expertise in mobility software and embedded technology. He served as the Chief Operating Officer of Intrinsyc Software International Inc. from September 22, 2008 to November 12, 2008. He joined Intrinsyc in 2007 as General Manager for APAC and was instrumental in closing the majority of its Soleus design wins over the past year. He served as the Chief Executive Officer of Annasoft Systems and General Manager and Vice President of Sales at CalAmp. He served as an Executive Vice President of Sales, Marketing and International Operations of Bsquare Corp. from February 2003 to March 1, 2005. He served as a Sales Director of Licensing and Vice President of Sales of Bsquare since February 2003. From August 2001 to May 2002, Mr. Rees served as the President of Anna Technology and also served as its Vice President of Sales and Marketing from August 1999 to August 2001. He served as a Director of Electronic Products at PG Design Electronics from October 1998 to August 1999. From October 1995 to July 1998, he served as a Vice President of Sales and Marketing at Magnetec Corporation, a division of Transact Technology. Mr. Rees serves as a Member of Technical Advisory Board of Data Evolution Corp. From August 2001 to May 2002, he served as a Director of Anna Technology. He served as a Director of Intrinsyc Software International Inc., from June 5, 2009 to April 17, 2013. Mr. Rees holds a B.S. from the State University of New York.

CEO Compensation
  • Tracy's compensation has increased whilst company is loss making.
  • Tracy's remuneration is higher than average for companies of similar size in Canada.
Management Team

Tracy Rees

TITLE
President
COMPENSATION
$435K
AGE
57
TENURE
11.1 yrs

George Reznik

TITLE
CFO & Corporate Secretary
COMPENSATION
$292K
AGE
52
TENURE
11.7 yrs

Andrew Hurdle

TITLE
Vice President of Business Development
Board of Directors Tenure

Average tenure and age of the Intrinsyc Technologies board of directors in years:

6.7
Average Tenure
61.5
Average Age
  • The tenure for the Intrinsyc Technologies board of directors is about average.
Board of Directors

George Duguay

TITLE
Chairman & Lead Independent Director
COMPENSATION
$46K
AGE
66
TENURE
6.7 yrs

Tracy Rees

TITLE
President
COMPENSATION
$435K
AGE
57
TENURE
2.5 yrs

Michael Bird

TITLE
Independent Director
COMPENSATION
$26K
TENURE
6.7 yrs

Skip Speaks

TITLE
Independent Director
COMPENSATION
$31K
AGE
71
TENURE
10.3 yrs

Daniel Marks

TITLE
Independent Director
COMPENSATION
$29K
TENURE
6.7 yrs

Jeff MacDonald

TITLE
Independent Director
COMPENSATION
$21K
AGE
50
TENURE
2.6 yrs

Tia Cassett

TITLE
Advisor & Director
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
31. May 19 Buy Tracy Rees Individual 30. May 19 30. May 19 7,500 CA$1.24 CA$9,240
28. May 19 Buy Tracy Rees Individual 28. May 19 28. May 19 8,000 CA$1.25 CA$9,692
28. May 19 Buy George Reznik Individual 28. May 19 28. May 19 12,000 CA$1.20 CA$14,399
27. Dec 18 Sell Michael Bird Individual 18. Dec 18 18. Dec 18 -6,700 CA$1.38 CA$-9,246
27. Dec 18 Buy Michael Bird Individual 18. Dec 18 18. Dec 18 6,700 CA$1.38 CA$9,246
X
Management checks
We assess Intrinsyc Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Intrinsyc Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ITC News

Simply Wall St News

Could Intrinsyc Technologies Corporation's (TSE:ITC) Investor Composition Influence The Stock Price?

See our latest analysis for Intrinsyc Technologies TSX:ITC Ownership Summary, August 13th 2019 What Does The Institutional Ownership Tell Us About Intrinsyc Technologies? … Insider Ownership Of Intrinsyc Technologies The definition of an insider can differ slightly between different countries, but members of the board of directors always count. … General Public Ownership The general public -- mostly retail investors -- own 85% of Intrinsyc Technologies.

Simply Wall St -

Investors Who Bought Intrinsyc Technologies (TSE:ITC) Shares Five Years Ago Are Now Up 28%

While Intrinsyc Technologies Corporation (TSE:ITC) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 14% in the last quarter. … For the last half decade, Intrinsyc Technologies can boast revenue growth at a rate of 24% per year. … A Different Perspective While the broader market gained around 0.3% in the last year, Intrinsyc Technologies shareholders lost 20%.

Simply Wall St -

How Should Investors Feel About Intrinsyc Technologies Corporation's (TSE:ITC) CEO Pay?

According to our data, Intrinsyc Technologies Corporation has a market capitalization of CA$23m, and pays its CEO total annual compensation worth US$435k. … Thus we can conclude that Tracy Rees receives more in total compensation than the median of a group of companies in the same market, and of similar size to Intrinsyc Technologies Corporation. … We examined the amount Intrinsyc Technologies Corporation pays its CEO, and compared it to the amount paid by similar sized companies.

Simply Wall St -

Before You Buy Intrinsyc Technologies Corporation (TSE:ITC), Consider Its Volatility

If you're interested in Intrinsyc Technologies Corporation (TSE:ITC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … What this means for you: Since Intrinsyc Technologies tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

Do Institutions Own Intrinsyc Technologies Corporation (TSE:ITC) Shares?

A look at the shareholders of Intrinsyc Technologies Corporation (TSE:ITC) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … With a market capitalization of CA$30m, Intrinsyc Technologies is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

If You Had Bought Intrinsyc Technologies (TSE:ITC) Stock Five Years Ago, You Could Pocket A 100% Gain Today

While Intrinsyc Technologies made a small profit, in the last year, we think that the market is probably more focussed on the top line growth at the moment. … As a general rule, if the market is looking past earnings to focus on revenue, there is a hope for, or expectation of, strong growth. … If you think there could be more growth to come, now might be the time to take a close look at Intrinsyc Technologies.

Simply Wall St -

Does Intrinsyc Technologies Corporation (TSE:ITC) Have A Volatile Share Price?

If you're interested in Intrinsyc Technologies Corporation (TSE:ITC), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Does Intrinsyc Technologies Corporation's (TSE:ITC) CEO Pay Compare Well With Peers?

In 2009 Tracy Rees was appointed CEO of Intrinsyc Technologies Corporation (TSE:ITC). … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Tracy Rees's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Here's How P/E Ratios Can Help Us Understand Intrinsyc Technologies Corporation (TSE:ITC)

We'll look at Intrinsyc Technologies Corporation's (TSE:ITC) P/E ratio and reflect on what it tells us about the company's share price. … Intrinsyc Technologies has a price to earnings ratio of 24.46, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St -

Did Intrinsyc Technologies Corporation (TSE:ITC) Use Debt To Deliver Its ROE Of 7.6%?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Intrinsyc Technologies Corporation (TSE:ITC). … That means that for every CA$1 worth of shareholders' equity, it generated CA$0.076 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

ITC Company Info

Description

Intrinsyc Technologies Corporation provides solutions for the development and production of mobile, embedded, and Internet of Things devices in the United States, the Asia Pacific, Europe, Canada, and internationally. It operates through two segments, Embedded Computing Hardware; and Services and Software. The company’s embedded computing products include embedded development kits, vertical market reference designs and development platforms, mobile application development platforms, and production-ready embedded computers. It also designs, develops, and manufactures the Open-Q line of embedded computing products, system on modules, and single board computers, as well as peripheral boards. In addition, the company offers turnkey product design and development, testing, and certification services to original equipment manufacturers, original device manufacturers, technology providers, and other companies. Further, it provides device driver development services; telephony software and wireless integration services; electrical, mechanical, and radio frequency design, testing, and certification services; and J-Integra, a middleware solution for connecting Java directly to .NET, COM, and exchange objects. The company was formerly known as Intrinsyc Software International, Inc. and changed its name to Intrinsyc Technologies Corporation in June 2014. Intrinsyc Technologies Corporation was founded in 1992 and is headquartered in Vancouver, Canada.

Details
Name: Intrinsyc Technologies Corporation
ITC
Exchange: TSX
Founded: 1992
CA$31,663,536
20,040,213
Website: http://www.intrinsyc.com
Address: Intrinsyc Technologies Corporation
885 Dunsmuir Street,
3rd Floor,
Vancouver,
British Columbia, V6C 1N5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX ITC Common Shares The Toronto Stock Exchange CA CAD 18. Jan 1996
OTCPK ISYR.F Common Shares Pink Sheets LLC US USD 18. Jan 1996
DB IN6A Common Shares Deutsche Boerse AG DE EUR 18. Jan 1996
DB IN6A COM NPV Deutsche Boerse AG DE EUR 05. Dec 2019
Number of employees
Current staff
Staff numbers
79
Intrinsyc Technologies employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 23:37
End of day share price update: 2019/12/05 00:00
Last estimates confirmation: 2019/10/31
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.