NTG CLARITY NETWORKS INC (NCI.CA) Fundamental Analysis & Valuation
TSX-V:NCI • CA62940V2030
1.01 CAD
-0.02 (-1.94%)
Last: Mar 6, 2026, 07:00 PM
This NCI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to NCI. NCI was compared to 68 industry peers in the Software industry. NCI has only an average score on both its financial health and profitability. NCI is growing strongly while it is still valued neutral. This is a good combination! These ratings would make NCI suitable for growth investing!
1. NCI.CA Profitability Analysis
1.1 Basic Checks
- NCI had positive earnings in the past year.
- NCI had a negative operating cash flow in the past year.
- NCI had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years NCI had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 17.08%, NCI belongs to the top of the industry, outperforming 89.71% of the companies in the same industry.
- The Return On Equity of NCI (28.01%) is better than 92.65% of its industry peers.
- NCI's Return On Invested Capital of 23.79% is amongst the best of the industry. NCI outperforms 95.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.08% | ||
| ROE | 28.01% | ||
| ROIC | 23.79% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- NCI's Profit Margin of 9.85% is fine compared to the rest of the industry. NCI outperforms 79.41% of its industry peers.
- NCI's Profit Margin has improved in the last couple of years.
- NCI's Operating Margin of 13.86% is fine compared to the rest of the industry. NCI outperforms 76.47% of its industry peers.
- NCI's Operating Margin has declined in the last couple of years.
- The Gross Margin of NCI (35.76%) is worse than 61.76% of its industry peers.
- In the last couple of years the Gross Margin of NCI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.86% | ||
| PM (TTM) | 9.85% | ||
| GM | 35.76% |
OM growth 3Y-3.27%
OM growth 5YN/A
PM growth 3Y14.92%
PM growth 5YN/A
GM growth 3Y-12.47%
GM growth 5Y7.3%
2. NCI.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NCI is creating value.
- NCI has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NCI has more shares outstanding
- The debt/assets ratio for NCI has been reduced compared to a year ago.
2.2 Solvency
- NCI has an Altman-Z score of 4.75. This indicates that NCI is financially healthy and has little risk of bankruptcy at the moment.
- NCI's Altman-Z score of 4.75 is fine compared to the rest of the industry. NCI outperforms 79.41% of its industry peers.
- NCI has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
- NCI has a Debt to Equity ratio of 0.19. This is comparable to the rest of the industry: NCI outperforms 58.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.75 |
ROIC/WACC2.32
WACC10.26%
2.3 Liquidity
- A Current Ratio of 3.13 indicates that NCI has no problem at all paying its short term obligations.
- NCI has a Current ratio of 3.13. This is in the better half of the industry: NCI outperforms 79.41% of its industry peers.
- NCI has a Quick Ratio of 3.13. This indicates that NCI is financially healthy and has no problem in meeting its short term obligations.
- The Quick ratio of NCI (3.13) is better than 80.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.13 | ||
| Quick Ratio | 3.13 |
3. NCI.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 15.26% over the past year.
- Measured over the past years, NCI shows a very strong growth in Earnings Per Share. The EPS has been growing by 68.04% on average per year.
- NCI shows a strong growth in Revenue. In the last year, the Revenue has grown by 62.61%.
- Measured over the past years, NCI shows a very strong growth in Revenue. The Revenue has been growing by 45.43% on average per year.
EPS 1Y (TTM)15.26%
EPS 3Y68.04%
EPS 5YN/A
EPS Q2Q%-15.85%
Revenue 1Y (TTM)62.61%
Revenue growth 3Y67.72%
Revenue growth 5Y45.43%
Sales Q2Q%42.22%
3.2 Future
- NCI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.62% yearly.
- NCI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 26.70% yearly.
EPS Next Y-29.54%
EPS Next 2Y-2.61%
EPS Next 3Y7.62%
EPS Next 5YN/A
Revenue Next Year45.61%
Revenue Next 2Y31.42%
Revenue Next 3Y26.7%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. NCI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 7.21, the valuation of NCI can be described as very cheap.
- Based on the Price/Earnings ratio, NCI is valued cheaply inside the industry as 86.76% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of NCI to the average of the S&P500 Index (26.29), we can say NCI is valued rather cheaply.
- A Price/Forward Earnings ratio of 5.60 indicates a rather cheap valuation of NCI.
- Based on the Price/Forward Earnings ratio, NCI is valued cheaper than 88.24% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.60, NCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.21 | ||
| Fwd PE | 5.6 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NCI is valued cheaper than 89.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.91 |
4.3 Compensation for Growth
- The decent profitability rating of NCI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.61%
EPS Next 3Y7.62%
5. NCI.CA Dividend Analysis
5.1 Amount
- No dividends for NCI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NCI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX-V:NCI (3/6/2026, 7:00:00 PM)
1.01
-0.02 (-1.94%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-12 2025-11-12/amc
Earnings (Next)N/A N/A
Inst Owners0.22%
Inst Owner ChangeN/A
Ins Owners24.38%
Ins Owner ChangeN/A
Market Cap48.25M
Revenue(TTM)76.65M
Net Income(TTM)7.55M
Analysts85.45
Price Target3.67 (263.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0
Avg EPS beat(2)-59.73%
Min EPS beat(2)-85.29%
Max EPS beat(2)-34.18%
EPS beat(4)1
Avg EPS beat(4)-14.44%
Min EPS beat(4)-85.29%
Max EPS beat(4)94.17%
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)1
Avg Revenue beat(2)-2.48%
Min Revenue beat(2)-5.69%
Max Revenue beat(2)0.73%
Revenue beat(4)3
Avg Revenue beat(4)1.13%
Min Revenue beat(4)-5.69%
Max Revenue beat(4)8.23%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)-9.24%
PT rev (3m)-9.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)8.33%
EPS NY rev (3m)-35%
Revenue NQ rev (1m)-1.53%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)-0.71%
Revenue NY rev (3m)-0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.21 | ||
| Fwd PE | 5.6 | ||
| P/S | 0.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.79 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 3.91 |
EPS(TTM)0.14
EY13.86%
EPS(NY)0.18
Fwd EY17.85%
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)-0.1
OCFYN/A
SpS1.6
BVpS0.56
TBVpS0.49
PEG (NY)N/A
PEG (5Y)N/A
Graham Number1.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.08% | ||
| ROE | 28.01% | ||
| ROCE | 33.04% | ||
| ROIC | 23.79% | ||
| ROICexc | 29.91% | ||
| ROICexgc | 34.7% | ||
| OM | 13.86% | ||
| PM (TTM) | 9.85% | ||
| GM | 35.76% | ||
| 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
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.27%
OM growth 5YN/A
PM growth 3Y14.92%
PM growth 5YN/A
GM growth 3Y-12.47%
GM growth 5Y7.3%
F-Score5
Asset Turnover1.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.43 | ||
| Cap/Depr | 101.9% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 31.2 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.13 | ||
| Quick Ratio | 3.13 | ||
| Altman-Z | 4.75 |
F-Score5
WACC10.26%
ROIC/WACC2.32
Cap/Depr(3y)274.99%
Cap/Depr(5y)720.23%
Cap/Sales(3y)6.12%
Cap/Sales(5y)8.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.26%
EPS 3Y68.04%
EPS 5YN/A
EPS Q2Q%-15.85%
EPS Next Y-29.54%
EPS Next 2Y-2.61%
EPS Next 3Y7.62%
EPS Next 5YN/A
Revenue 1Y (TTM)62.61%
Revenue growth 3Y67.72%
Revenue growth 5Y45.43%
Sales Q2Q%42.22%
Revenue Next Year45.61%
Revenue Next 2Y31.42%
Revenue Next 3Y26.7%
Revenue Next 5YN/A
EBIT growth 1Y53.89%
EBIT growth 3Y62.24%
EBIT growth 5YN/A
EBIT Next Year19.12%
EBIT Next 3Y25.69%
EBIT Next 5YN/A
FCF growth 1Y-1129.52%
FCF growth 3Y85.08%
FCF growth 5YN/A
OCF growth 1Y-287.68%
OCF growth 3Y12.61%
OCF growth 5Y234.98%
NTG CLARITY NETWORKS INC / NCI.CA FAQ
What is the fundamental rating for NCI stock?
ChartMill assigns a fundamental rating of 6 / 10 to NCI.CA.
What is the valuation status for NCI stock?
ChartMill assigns a valuation rating of 6 / 10 to NTG CLARITY NETWORKS INC (NCI.CA). This can be considered as Fairly Valued.
Can you provide the profitability details for NTG CLARITY NETWORKS INC?
NTG CLARITY NETWORKS INC (NCI.CA) has a profitability rating of 6 / 10.
What is the expected EPS growth for NTG CLARITY NETWORKS INC (NCI.CA) stock?
The Earnings per Share (EPS) of NTG CLARITY NETWORKS INC (NCI.CA) is expected to decline by -29.54% in the next year.