Evertz Technologies Ltd T.ET

Trevor Rose's Insights - Don't BUY

[Possibleidiot01]

Fair comment IMO.

DON'T BUY

Evertz Technologies Ltd.(ET-T)

13/09/2023

 

 

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

EPS of 20c missed estimates of 22.5c. Sales of $125.8M beat estimates of $120.5M. Sales and earnings rose nicely. Cash is now $27M. It was a decent quarter, but there has been no long-term growth here. Even with a bounce this year, EPS will be slightly lower than it was in 2016. The stock is cheap because of this, but mostly only trades for its dividend. Investors need to see some consistent growth. The quarter was a good start but does not yet make a trend. 
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electrical / electronic

 

$12.550

Unknown

[Contrarian333]

That delivery number for August suggests good upcoming quarters as we had into 2024 - an election and an Olympic year - when broadcast spending tends to peak.  Stock has been stuck between $11 and $19 for more than a decade but I think it trades to the higher end of the range and that along with substantial dividend is a good trade. This analysis seems superficial.

[logicandinertia]

very simplistic analysis from whichever kid at 5i wrote that report. Evertz is going thru a transition in its customer base while maintaining financial strength.  Here is what I mean: From fiscal 2018 to the expected FY24 level, free cash flow has totalled $543 million, versus reported net income of $447.3 million in that same time frame.  121 percent of net income converted to