TSXV/SAY (TSXV/SAY)

TSX Venture Exchange: TSXV/SAY · CAD

CA$0.02

+0.00 (0.0%)· Recorded snapshot

Market cap	3.7M
Revenue (ttm)	10.8M
Net income (ttm)	153.6K
EPS (ttm)	CA$0.00
Shares out	249.3M
P/E (trailing)	24.7x
Volume	0
Beta	-0.25

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 10.8M
Net income (ttm): 153.6K
EPS (ttm): CA$0.00
P/E (trailing): 24.7x
Market cap: 3.7M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E24.7

P25 n/aP50 n/aP75 n/a

ROE-71

P25 n/aP50 n/aP75 n/a

ROIC-53.1

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSXV/SAY indicators

Market & fundamental data

Available fields

196

Groups with data

Currency

CAD

Showing 196 of 196 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2027-02-26
Enterprise value	CAD 5.3M
Exchange	TSX Venture Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	September
Founded	1988
Industry	Pollution & Treatment Controls
Is primary listing	Yes
ISIN number	CA8469051079
Last earnings date	2026-02-27
Last refreshed	2026-10-28
Market cap	CAD 3.7M
Next earnings date	2027-02-26
Price	CAD 0.02
Price currency	CAD
Sector	Industrials
SIC code	3600
Stock price date	2025-02-03
Symbol	tsxv/SAY
Website	https://www.spartagroup.ca

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	4.05%
EV/Earnings	34.31x
EV/EBIT	11.86x
EV/EBITDA	4.44x
EV/FCF	5.85x
EV/Sales	0.49x
FCF / EV yield	17.09%
FCF yield	24.09%
P/(FCF - SBC) ratio	6.32x
P/(OCF - SBC) ratio	3.89x
P/B ratio	4.54x
P/E ratio	24.67x
P/FCF ratio	4.15x
P/OCF ratio	2.94x
P/S ratio	0.35x
Price/EBITDA ratio	8.37x
Sector forward P/E	22.05x
Sector P/E	30.3x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	4.1%
EBITDA margin	4.13%
Effective tax rate	280.98%
FCF margin	8.32%
Gross margin	82.11%
Operating margin	4.1%
Pretax margin	2.61%
Profit margin	1.42%
Profitable years	1
ROA	7.38%
ROA (5Y)	-6.13%
ROCE	26.96%
ROE	-70.99%
ROIC	-53.14%
SBC / revenue	2.86%
Tax / revenue	7.33%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	1
FCF growth 5Y	12.29%
Gross profit growth	13.85%
Gross profit growth (Q)	-32.58%
Gross profit growth 3Y	23.74%
Gross profit growth 5Y	24.99%
Net income growth years	1
OCF growth 10Y	13.4%
OCF growth 5Y	19.57%
Operating income growth	-45.87%
Revenue growth	0.5%
Revenue growth (Q)	-38.79%
Revenue growth (QoQ)	-5.43%
Revenue growth 10Y	13.73%
Revenue growth 3Y	8.74%
Revenue growth 5Y	18.21%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -369,921
Depreciation and amortization	CAD 2,708
EBIT	CAD 444,193
EBITDA	CAD 446,901
EPS	CAD 0.00
FCF per share	CAD 0.00
Financing cash flow	CAD -1M
Free cash flow	CAD 900,602
Free cash flow minus SBC	CAD 591,435
Gross profit	CAD 8.9M
Income taxes	CAD 793,998
Investing cash flow	CAD -219,916
Net cash flow	CAD 41,990
Net income	CAD 153,593
Operating cash flow minus SBC	CAD 961,356
Operating income	CAD 444,193
Revenue	CAD 10.8M
Stock-based compensation	CAD 309,167

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	-1.76
Book value per share	CAD -0.00
Debt / EBITDA	1.74
Debt / equity	2.52
Debt / FCF	2.3
Interest coverage	2.22
Long-term assets	CAD 1.8M
Long-term liabilities	CAD 824,864
Net cash (debt)	CAD -652,510
Net cash / market cap	-17.45%
Net debt / EBITDA	1.46
Net debt / equity	0.79
Net debt / FCF	0.72
Piotroski F-Score	5
Property, plant and equipment	CAD 1.8M
Shareholders' equity	CAD 822,687
Tangible book value	CAD -227,735
Tangible book value per share	CAD -0.00
Total assets	CAD 3.9M
Total cash	CAD 1.4M
Total debt	CAD 2.1M
Total liabilities	CAD 3.1M
WACC	-4.38%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	2.88
Current assets	CAD 2.1M
Current liabilities	CAD 2.2M
Current ratio	0.94
Net working capital	CAD -310,201
Quick ratio	0.88
Working capital	CAD -137,848
Working capital turnover	221

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-4.56%
Shareholder yield	-4.56%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-25%
10Y return CAGR	-2.84%
10Y total return	-25%
150-day SMA	CAD 0.02
15Y price change	-78.57%
15Y return CAGR	-9.76%
15Y total return	-78.57%
1D price change	0%
1M price change	-25%
1M total return	-25%
1W price change	-25%
1W total return	-25%
1Y price change	-25%
1Y return CAGR	-24.96%
1Y total return	-25%
20-day SMA	CAD 0.02
200-day SMA	CAD 0.02
20Y price change	-90%
20Y return CAGR	-10.87%
20Y total return	-90%
3M price change	-25%
3M total return	-25%
3Y price change	-57.14%
3Y return CAGR	-24.6%
3Y total return	-57.14%
50-day SMA	CAD 0.02
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 0.03
52-week high date	2024-05-08
52-week low	CAD 0.01
52-week low date	2025-01-30
5Y price change	-57.14%
5Y return CAGR	-15.58%
5Y total return	-57.14%
All-time high	CAD 1.50
All-time high date	1997-12-29
All-time low	CAD 0.01
All-time low date	2014-01-20
Average true range (ATR)	CAD 0.00
Average volume	306.7K
Beta (1Y)	0
Beta (2Y)	0.11
Beta (5Y)	-0.25
Change from 52-week high	-50%
Change from 52-week low	50%
Change from all-time high	-99%
Change from all-time low	200%
Monthly RSI	43.98
Previous close	CAD 0.02
Price vs 150-day SMA	-16.2%
Price vs 20-day SMA	-13.29%
Price vs 200-day SMA	-15.25%
Price vs 50-day SMA	-6.83%
Relative volume	0.2
RSI	46.39
Sharpe ratio	1.15
Sharpe ratio (3Y)	0.84
Sharpe ratio (5Y)	0.93
Sortino ratio	1.99
Sortino ratio (3Y)	1.42
Sortino ratio (5Y)	1.92
Volume	0
Weekly RSI	45.82
YTD price change	-25%
YTD total return	-25%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Shares change (QoQ)	0%
Shares change (YoY)	4.56%
Shares held by insiders	8.96%
Shares outstanding	249.3M

Deeper analysis on TSXV/SAY

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TSXV/SAY report

Is a complete TSXV/SAY research report available?

No complete published report is available for tsxv/SAY (TSXV/SAY) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSXV/SAY (TSXV/SAY)

Price

Financial snapshot

Fair-value bridge

Latest news · TSXV/SAY

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSXV/SAY indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSXV/SAY

Frequently asked questions