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.
NCI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 70 industry peers in the Software industry. NCI has only an average score on both its financial health and profitability. NCI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes NCI very considerable for growth investing!
1. NCI.CA Profitability Analysis
1.1 Basic Checks
- In the past year NCI was profitable.
- NCI had a negative operating cash flow in the past year.
- NCI had positive earnings in 4 of the past 5 years.
- NCI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- NCI has a better Return On Assets (17.08%) than 91.43% of its industry peers.
- With an excellent Return On Equity value of 28.01%, NCI belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 23.79%, NCI belongs to the best of the industry, outperforming 95.71% of the companies in the same industry.
| 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 amongst the best in the industry. NCI outperforms 82.86% of its industry peers.
- NCI's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 13.86%, NCI is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
- NCI's Operating Margin has declined in the last couple of years.
- The Gross Margin of NCI (35.76%) is worse than 61.43% 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
- NCI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for NCI has been increased compared to 1 year ago.
- NCI has more shares outstanding than it did 5 years ago.
- NCI has a better debt/assets ratio than last year.
2.2 Solvency
- NCI has an Altman-Z score of 4.79. This indicates that NCI is financially healthy and has little risk of bankruptcy at the moment.
- NCI has a better Altman-Z score (4.79) than 77.14% 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 55.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 4.79 |
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.
- The Current ratio of NCI (3.13) is better than 77.14% 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.
- NCI has a better Quick ratio (3.13) than 78.57% 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.
- Looking at the last year, NCI shows a very strong growth in Revenue. 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
- The Earnings Per Share is expected to decrease by -1.23% on average over the next years.
- The Revenue is expected to grow by 31.31% on average over the next years. This is a very strong growth
EPS Next Y-34.96%
EPS Next 2Y-1.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year46.45%
Revenue Next 2Y31.31%
Revenue Next 3YN/A
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
- With a Price/Earnings ratio of 7.21, the valuation of NCI can be described as very cheap.
- 87.14% of the companies in the same industry are more expensive than NCI, based on the Price/Earnings ratio.
- NCI is valuated cheaply when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 5.45, the valuation of NCI can be described as very cheap.
- 90.00% of the companies in the same industry are more expensive than NCI, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 24.57. NCI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.21 | ||
| Fwd PE | 5.45 |
4.2 Price Multiples
- NCI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NCI is cheaper than 88.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.99 |
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-1.23%
EPS Next 3YN/A
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 (3/6/2026, 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 Owners0.35%
Inst Owner ChangeN/A
Ins Owners24.52%
Ins Owner ChangeN/A
Market Cap48.25M
Revenue(TTM)76.65M
Net Income(TTM)7.55M
Analysts84
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)0%
EPS NY rev (3m)-43.75%
Revenue NQ rev (1m)-1.53%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.21 | ||
| Fwd PE | 5.45 | ||
| P/S | 0.63 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.79 | ||
| P/tB | 2.06 | ||
| EV/EBITDA | 3.99 |
EPS(TTM)0.14
EY13.86%
EPS(NY)0.19
Fwd EY18.36%
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 | 4.79 |
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-34.96%
EPS Next 2Y-1.23%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)62.61%
Revenue growth 3Y67.72%
Revenue growth 5Y45.43%
Sales Q2Q%42.22%
Revenue Next Year46.45%
Revenue Next 2Y31.31%
Revenue Next 3YN/A
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 -34.96% in the next year.