Evertz Technologies Ltd

Chart & Performance

D1W1MN

P/E

13.53

P/S

1.84

EPS

0.92

Div Yield, %

6.17%

Shrs. gr., 5y

0.13%

Rev. gr., 5y

3.02%

Revenues

515m

+13.21%

Net income

70m

+9.59%

CFO

145m

+168.84%

Dividend

Sep 17, 20240.195 CAD/sh

Earnings

Mar 12, 2025

Profile

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution encoder, decoder, receiver, processing, and modulation products; and control panels, unified controls, accessories, and network management systems. It also provides encoding, transcoding, and multiplexing products comprising ASI/IP converters, multiplexers, scramblers, and modulators; contribution encoders/decoders; transport stream processors; and software defined accelerated encoding/transcoding/muxing products, as well as audio/data/RF transporters, CWDM/DWDM multiplexors, fiber routers, SONET/SDH transporters, and video transporters. In addition, the company offers infrastructure and conversion products, including audio/data embedder/de-embedder, keyers, media and logo inserters, master control switchers, audio processing, closed captioning, conversion, audio/video delay system, distribution amplifier, and frame synchronizer products; and IP audio/video processing, media gateway, switch routing, timing, and software defined network orchestration products. Further, it provides 3D, auto changeover, film/post graticule generator, master clock/SPG, slave clock, test/reference generator, and timecode products for live media production; EMS media server, mediator content manager, and live integrated playout products; and multi viewers. Additionally, the company offers antennas, demodulators, fiber transporters, routers/switchers, and splitters and distribution amplifiers; and audio, bypass and auto changeover, data/LTC/tally, fiber/RF, magnum unified control, video routers, and panels. It serves content creators, broadcasters, specialty channels, and television service providers. The company was founded in 1966 and is headquartered in Burlington, Canada.

URL

https://www.evertz.com/

IPO date

Jun 30, 2006

Employees

1,591

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑04	2023‑04	2022‑04	2021‑04	2020‑04	2019‑04	2018‑04	2017‑04	2016‑04	2015‑04
Income
Revenues	514,616 13.21%	454,578 3.08%	441,016 28.62%
Cost of revenue	429,082	431,145	414,935
Unusual Expense (Income)
NOPBT	85,534	23,433	26,081
NOPBT Margin	16.62%	5.15%	5.91%
Operating Taxes	26,331	23,255	25,235
Tax Rate	30.78%	99.24%	96.76%
NOPAT	59,203	178	846
Net income	70,170 9.59%	64,032 -10.75%	71,745 71.81%
Dividends	(58,596)	(56,392)	(131,198)
Dividend yield	5.46%	6.24%	12.18%
Proceeds from repurchase of equity	186	3,077	(691)
BB yield	-0.02%	-0.34%	0.06%
Debt
Debt current	4,142	9,988	4,088
Long-term debt	42,136	41,714	49,608
Deferred revenue
Other long-term liabilities
Net debt	(40,047)	31,074	14,320
Cash flow
Cash from operating activities	144,674	53,814	68,673
CAPEX	(9,559)	(6,572)	(5,478)
Cash from investing activities	(2,262)	(17,119)	(4,963)
Cash from financing activities	(70,211)	(58,023)	(137,516)
FCF	105,827	(32,249)	(12,566)
Balance
Cash	86,325	12,468	33,902
Long term investments		8,160	5,474
Excess cash	60,594		17,325
Stockholders' equity	266,677	476,888	457,786
Invested Capital	229,299	267,309	236,162
ROIC	23.84%	0.07%	0.37%
ROCE	29.51%	8.77%	10.29%
EV
Common stock shares outstanding	77,045	76,232	76,571
Price	13.94 17.54%	11.86 -15.71%	14.07 -8.75%
Market cap	1,074,005 18.79%	904,117 -16.08%	1,077,348 -8.56%
EV	1,037,368	1,183,677	1,329,409
EBITDA	100,941	40,236	43,663
EV/EBITDA	10.28	29.42	30.45
Interest	1,353	3,718	2,445
Interest/NOPBT	1.58%	15.87%	9.37%