NTG CLARITY NETWORKS INC (NCI.CA) Fundamental Analysis & Valuation
TSX-V:NCI • CA62940V2030
1.09 CAD
+0.08 (+7.92%)
Last: Mar 9, 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.
Overall NCI gets a fundamental rating of 6 out of 10. We evaluated NCI against 68 industry peers in the Software industry. NCI has an average financial health and profitability rating. NCI is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make NCI a good candidate for growth investing.
1. NCI.CA Profitability Analysis
1.1 Basic Checks
- NCI had positive earnings in the past year.
- In the past year NCI has reported a negative cash flow from operations.
- Of the past 5 years NCI 4 years were profitable.
- Each year in the past 5 years NCI had a positive operating cash flow.
1.2 Ratios
- NCI has a better Return On Assets (17.08%) than 89.71% of its industry peers.
- NCI has a Return On Equity of 28.01%. This is amongst the best in the industry. NCI outperforms 92.65% of its industry peers.
- NCI has a better Return On Invested Capital (23.79%) than 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 has a Profit Margin of 9.85%. This is in the better half of the industry: NCI outperforms 79.41% of its industry peers.
- In the last couple of years the Profit Margin of NCI has grown nicely.
- NCI has a Operating Margin of 13.86%. This is in the better half of the industry: NCI outperforms 76.47% of its industry peers.
- In the last couple of years the Operating Margin of NCI has declined.
- NCI's Gross Margin of 35.76% is on the low side compared to the rest of the industry. NCI is outperformed by 61.76% of its industry peers.
- NCI's Gross Margin has improved in the last couple of years.
| 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
- NCI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- NCI has more shares outstanding than it did 1 year ago.
- NCI has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for NCI has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 4.89 indicates that NCI is not in any danger for bankruptcy at the moment.
- With a decent Altman-Z score value of 4.89, NCI is doing good in the industry, outperforming 79.41% of the companies in the same industry.
- A Debt/Equity ratio of 0.19 indicates that NCI is not too dependend on debt financing.
- NCI has a Debt to Equity ratio (0.19) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.89 |
ROIC/WACC2.37
WACC10.04%
2.3 Liquidity
- A Current Ratio of 3.13 indicates that NCI has no problem at all paying its short term obligations.
- The Current ratio of NCI (3.13) is better than 79.41% of its industry peers.
- A Quick Ratio of 3.13 indicates that NCI has no problem at all paying its short term obligations.
- NCI has a better Quick ratio (3.13) 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
- NCI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.26%, which is quite good.
- 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%.
- NCI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 45.43% yearly.
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.
- Based on estimates for the next years, NCI will show a very strong growth in Revenue. The Revenue will grow by 26.70% on average per year.
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.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. NCI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 7.79 indicates a rather cheap valuation of NCI.
- Compared to the rest of the industry, the Price/Earnings ratio of NCI indicates a rather cheap valuation: NCI is cheaper than 86.76% of the companies listed in the same industry.
- When comparing the Price/Earnings ratio of NCI to the average of the S&P500 Index (26.46), we can say NCI is valued rather cheaply.
- NCI is valuated cheaply with a Price/Forward Earnings ratio of 6.05.
- 85.29% of the companies in the same industry are more expensive than NCI, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.65, NCI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.79 | ||
| Fwd PE | 6.05 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NCI is valued cheaply inside the industry as 86.76% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.22 |
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
- NCI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NCI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX-V:NCI (3/9/2026, 7:00:00 PM)
1.09
+0.08 (+7.92%)
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 Cap52.07M
Revenue(TTM)76.65M
Net Income(TTM)7.55M
Analysts85.45
Price Target3.67 (236.7%)
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 | 7.79 | ||
| Fwd PE | 6.05 | ||
| P/S | 0.68 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.93 | ||
| P/tB | 2.22 | ||
| EV/EBITDA | 4.22 |
EPS(TTM)0.14
EY12.84%
EPS(NY)0.18
Fwd EY16.54%
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 | 4.89 |
F-Score5
WACC10.04%
ROIC/WACC2.37
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.