This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites.  www.spbrunner.com/stocks.html www.spbrunner.blogspot.com/ Q2 2022
Quarterhill Inc TSX: QTRH OTC QTRHF http://www.quarterhill.com Fiscal Yr: Oct 31
Year 12/31/09 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/30/24 Value Description #Y Item Total G Curr
Accounting Rules C GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP US GAAP IFRS IFRS IFRS IFRS IFRS Accounting Rules
Currency change <--CDN$ US$ --> <--US$ CDN$ --> Currency change
USD - CDN$ 1.0501 0.9970 1.0213 0.9983 1.0636 1.1601 1.3847 1.3427 1.2545 1.3642 1.2988 1.2732 1.2678 1.3517 1.3517 1.3517 USD - CDN$
Year-End Dec --> Year-End
$278 <-12 mths 180.76%
Revenue* US$ $33.378 $50.877 $105.809 $87.960 $88.209 $98.311 $102.855 $92.876 $134.711 $77.401 $146.720 $113.514 $99 $229 $181 $295 -6.30% <-Total Growth 10 Revenue US$
Increase 58.86% 52.43% 107.97% -16.87% 0.28% 11.45% 4.62% -9.70% 45.04% -42.54% 89.56% -22.63% -12.66% 131.32% -20.97% 62.86% -0.65% <-IRR #YR-> 10 Revenue -6.30% US$
5 year Running Average $28.444 $34.329 $55.115 $59.807 $73.247 $86.233 $96.629 $94.042 $103.392 $101.231 $110.913 $113.044 $114.298 $133.224 $153.994 $183.687 1.31% <-IRR #YR-> 5 Revenue 6.75% US$
Revenue per Share $0.33 $0.46 $0.86 $0.72 $0.74 $0.82 $0.85 $0.78 $1.14 $0.65 $1.23 $0.99 $0.87 $2.01 $1.59 $2.59 7.57% <-IRR #YR-> 10 5 yr Running Average 107.38% US$
Increase 53.96% 41.76% 85.16% -15.71% 1.65% 11.14% 4.11% -7.97% 44.94% -42.62% 89.56% -19.59% -12.32% 131.32% -20.97% 62.86% 3.98% <-IRR #YR-> 5 5 yr Running Average 21.54% US$
5 year Running Average $0.354 $0.345 $0.510 $0.517 $0.622 $0.720 $0.797 $0.782 $0.865 $0.848 $0.931 $0.960 $0.977 $1.153 $1.341 $1.612 0.14% <-IRR #YR-> 10 Revenue per Share 1.40% US$
P/S (Price/Sales) Med 4.71 9.18 8.82 7.16 4.69 4.16 2.45 2.57 1.53 2.13 0.94 1.55 2.40 0.82 0.00 0.00 2.14% <-IRR #YR-> 5 Revenue per Share 11.15% US$
P/S (Price/Sales) Close 7.52 13.87 6.69 6.27 4.58 3.66 1.55 2.08 1.62 1.52 1.03 2.03 2.46 0.57 0.72 0.44 6.71% <-IRR #YR-> 10 5 yr Running Average 91.43% US$
*Revenue in M CDN $  P/S Med 20 yr  4.16 15 yr  4.16 10 yr  2.42 5 yr  1.55 -76.45% Diff M/C 4.55% <-IRR #YR-> 5 5 yr Running Average 24.89% US$
$376 <-12 mths 199.34%
Revenue* $35.051 $50.725 $108.066 $87.811 $93.819 $114.051 $142.428 $124.705 $168.995 $105.590 $190.560 $144.526 $125.695 $310 $245 $399 16.31% <-Total Growth 10 Revenue CDN$
Increase 37.11% 44.72% 113.04% -18.74% 6.84% 21.56% 24.88% -12.44% 35.52% -37.52% 80.47% -24.16% -13.03% 146.63% -20.97% 62.86% 1.52% <-IRR #YR-> 10 Revenue 16.31% CDN$
5 year Running Average $29.859 $34.944 $56.135 $61.443 $75.094 $90.894 $109.235 $112.563 $128.799 $131.154 $146.456 $146.875 $147.073 $175.274 $203.156 $244.844 0.16% <-IRR #YR-> 5 Revenue 0.79% CDN$
Revenue per Share $0.34 $0.46 $0.88 $0.72 $0.78 $0.95 $1.18 $1.05 $1.42 $0.89 $1.60 $1.26 $1.10 $2.72 $2.15 $3.50 10.11% <-IRR #YR-> 10 5 yr Running Average 162.00% CDN$
Increase 32.89% 34.59% 89.68% -17.61% 8.30% 21.22% 24.27% -10.77% 35.42% -37.60% 80.47% -21.17% -12.69% 146.63% -20.97% 62.86% 5.49% <-IRR #YR-> 5 5 yr Running Average 30.66% CDN$
5 year Running Average $0.38 $0.35 $0.52 $0.53 $0.64 $0.76 $0.90 $0.94 $1.08 $1.10 $1.23 $1.25 $1.26 $1.52 $1.77 $2.15 2.33% <-IRR #YR-> 10 Revenue per Share 25.87% CDN$
P/S (Price/Sales) Med 5.53 9.79 8.31 7.25 5.16 3.92 2.23 2.49 1.58 2.03 0.97 1.64 2.38 0.78 0.36 0.00 0.97% <-IRR #YR-> 5 Revenue per Share 4.95% CDN$
P/S (Price/Sales) Close 6.35 13.84 6.69 6.27 4.54 3.67 1.57 2.08 1.63 1.50 1.04 2.02 2.45 0.56 0.71 0.78 9.24% <-IRR #YR-> 10 5 yr Running Average 142.03% CDN$
*Revenue in M CDN $  P/S Med 20 yr  4.28 15 yr  3.92 10 yr  2.31 5 yr  1.64 -75.64% Diff M/C 6.06% <-IRR #YR-> 5 5 yr Running Average 34.18% CDN$
-$108.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $125.7
-$124.7 $0.0 $0.0 $0.0 $0.0 $125.7
-$56.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $147.1
-$112.6 $0.0 $0.0 $0.0 $0.0 $147.1
-$0.88 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.10
-$1.05 $0.00 $0.00 $0.00 $0.00 $1.10
-$0.52 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.26
-$0.94 $0.00 $0.00 $0.00 $0.00 $1.26
$0.11 <-12 mths -174.05%
EPS Basic U$ -$0.02 -$0.21 $0.26 -$0.12 -$0.15 $0.08 $0.08 $0.09 $0.09 -$0.41 $0.09 $0.13 -$0.15 -157.64% <-Total Growth 10 EPS Basic US$
EPS Diluted* -$0.02 -$0.21 $0.25 -$0.12 -$0.15 $0.08 $0.08 $0.09 $0.09 -$0.41 $0.09 $0.13 -$0.15 $0.12 -$0.06 -159.95% <-Total Growth 10 EPS Diluted US$
Increase 76.83% -1005.94% 218.69% -148.00% -25.00% 153.33% 0.00% 12.50% 0.00% -555.56% 121.95% 39.63% -219.26% 178.98% -150.00% 6 4 10 Years of Data, EPS P or N 60.00% US$
Earnings Yield -0.8% -3.3% 4.4% -2.6% -4.5% 2.7% 6.1% 5.5% 4.9% -41.4% 7.1% 6.2% -7.0% 10.3% -5.1% #NUM! <-IRR #YR-> 10 Earnings -159.95% US$
5 year Running Average $0.00 $0.06 $0.06 -$0.04 -$0.05 -$0.03 $0.03 $0.00 $0.04 -$0.01 -$0.01 $0.00 -$0.05 -$0.05 $0.02 -29.66% <-IRR #YR-> 5 Earnings -266.52% US$
10 year Running Average -$0.20 -$0.16 -$0.03 -$0.03 -$0.04 -$0.02 $0.04 $0.03 $0.00 -$0.03 -$0.02 $0.01 -$0.03 $0.00 $0.01 #NUM! <-IRR #YR-> 10 5 yr Running -185.86% US$
* ESP per share  E/P 10 Yrs 3.78% 5Yrs 4.89% 66.28% <-IRR #YR-> 5 5 yr Running -1170.99% US$
-$0.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.15
-$0.09 $0.00 $0.00 $0.00 $0.00 -$0.15
-$0.06 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.05
$0.00 $0.00 $0.00 $0.00 $0.00 -$0.05
$0.15 <-12 mths -178.95%
EPS Basic CDN$ -$0.02 -$0.21 $0.27 -$0.12 -$0.16 $0.09 $0.11 $0.12 $0.11 -$0.56 $0.12 $0.16 -$0.19 -171.55% <-Total Growth 10 EPS Basic CDN$
EPS Diluted* -$0.02 -$0.21 $0.26 -$0.12 -$0.16 $0.09 $0.11 $0.12 $0.11 -$0.56 $0.12 $0.16 -$0.19 $0.16 -$0.08 -174.41% <-Total Growth 10 EPS Diluted CDN$
Increase -80.00% 950.00% -221.59% -146.92% 33.18% -158.17% 19.36% 9.08% -6.57% -595.39% -120.90% 36.88% -218.75% -184.21% -150.00% 6 4 10 Years of Data, EPS P or N 60.00% CDN$
Earnings Yield -0.9% -3.3% 4.3% -2.6% -4.5% 2.7% 6.0% 5.5% 4.9% -42.1% 7.0% 6.3% -7.0% 10.5% -5.2% #NUM! <-IRR #YR-> 10 Earnings -174.41% CDN$
5 year Running Average -$0.02 $0.06 $0.05 -$0.04 -$0.05 -$0.03 $0.04 $0.01 $0.06 -$0.02 -$0.02 -$0.01 -$0.07 -$0.06 $0.03 -29.00% <-IRR #YR-> 5 Earnings -257.23% CDN$
10 year Running Average -$0.31 -$0.25 -$0.06 -$0.05 -$0.05 -$0.02 $0.05 $0.03 $0.01 -$0.04 -$0.02 $0.01 -$0.03 $0.00 $0.00 #NUM! <-IRR #YR-> 10 5 yr Running -235.50% CDN$
* ESP per share (Cdn GAAP) E/P 10 Yrs 3.77% 5Yrs 4.87% #NUM! <-IRR #YR-> 5 5 yr Running -897.29% CDN$
-$0.26 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.19
-$0.12 $0.00 $0.00 $0.00 $0.00 -$0.19
-$0.05 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.07
-$0.01 $0.00 $0.00 $0.00 $0.00 -$0.07
Dividend* $0.04 Estimates Dividend*
Increase -6.21% Estimates Increase
Payout Ratio EPS 31.25% Estimates Payout Ratio EPS
Special Dividends US$, Pd In CDN$ $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends US$
Dividend* $0.02 $0.05 $0.09 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $0.04 $0.04 $0.04 $0.04 -53.97% <-Total Growth 10 Dividends US$
Increase 100.12% 79.82% 40.31% 21.24% 0.55% 2.26% 3.13% -74.21% -8.04% 5.04% 2.01% 0.43% -6.21% 0.00% 0.00% 10 2 12 Years of data, Count P, N 83.33% US$
Average Increases 5 Year Running 48.3% 48.4% 28.8% 13.5% -9.4% -15.3% -14.4% -14.4% -15.0% -1.4% 0.3% -0.8% -9.41% <-Median-> 9 Average Incr 5 Year Running US$
Dividends 5 Yr Running $0.08 $0.11 $0.13 $0.14 $0.13 $0.11 $0.08 $0.06 $0.04 $0.04 $0.04 $0.04 -63.27% <-Total Growth 8 Dividends 5 Yr Running US$
Yield H/L Price 1.55% 1.12% 1.13% 2.32% 4.22% 4.31% 7.19% 7.69% 2.30% 2.64% 3.30% 2.56% 1.89% 2.25% 2.97% <-Median-> 10 Yield H/L Price US$
Yield on High  Price 1.19% 0.80% 0.86% 2.07% 3.81% 3.76% 4.70% 5.12% 1.84% 1.92% 2.69% 1.82% 1.63% 1.68% 2.38% <-Median-> 10 Yield on High  Price US$
Yield on Low Price 2.20% 1.88% 1.65% 2.64% 4.73% 5.05% 15.29% 15.45% 3.07% 4.21% 4.28% 4.32% 2.24% 3.39% 4.30% <-Median-> 10 Yield on Low Price US$
Yield on Close Price 0.97% 0.74% 1.49% 2.65% 4.32% 4.90% 11.35% 9.48% 2.17% 3.70% 3.03% 1.94% 1.84% 3.22% 3.22% 3.22% 3.37% <-Median-> 10 Yield on Close Price US$
Payout Ratio EPS 0.00% 0.00% 34.27% 0.00% 0.00% 183.17% 187.31% 171.71% 44.29% 0.00% 42.77% 31.25% 0.00% 31.25% 0.00% #DIV/0! 37.01% <-Median-> 10 DPR EPS US$
DPR EPS 5 Yr Running 0.00% 0.00% 462.85% 0.00% 335.01% 0.00% 0.00% 0.00% 0.00% 0.00% 152.97% #DIV/0! 0.00% <-Median-> 9 DPR EPS 5 Yr Running US$
Payout Ratio CFPS 2024.68% 97.75% 18.49% 42.99% 0.00% 30.06% 41.60% 49.74% 6.76% 51.94% 60.60% 16.23% 0.00% 17.47% 35.83% <-Median-> 10 DPR CF US$
DPR CF 5 Yr Running 59.26% 45.47% 42.86% 52.74% 38.14% 29.00% 30.07% 24.20% 22.18% 38.52% 38.14% <-Median-> 9 DPR CF 5 Yr Running US$
Payout Ratio CFPS WC 0.00% 418.96% 25.56% 32.18% 209.55% 32.56% 33.03% 37.82% 8.54% 0.00% 14.41% 20.60% 0.00% 17.47% 26.39% <-Median-> 10 DPR CF WC US$
DPR CF WC 5 Yr Running 53.60% 44.03% 38.53% 40.84% 34.44% 29.76% 26.39% 23.29% 22.11% 30.70% 34.44% <-Median-> 9 DPR CF WC 5 Yr Running US$
Median Values 10 Yr Med 10 Yr Cl 2.97% 3.37% 5 Yr Med 5 Yr Cl 2.56% 2.17% 5 Yr Med Payout 31.25% 16.23% 8.54% -23.90% <-IRR #YR-> 5 Dividends -74.48% US$
* Dividends per share  10 Yr Med and Cur. 8.28% -4.46% 5 Yr Med and Cur. 25.73% 48.49% Last Div Inc ---> $0.053 $0.013 -76.2% -7.46% <-IRR #YR-> 10 Dividends -53.97% US$
Dividends Growth 15 4.30% <-IRR #YR-> 12 Dividends
Dividends Growth 5 -$0.15 $0.00 $0.00 $0.00 $0.00 $0.04 Dividends Growth 5
Dividends Growth 10 -$0.09 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.04 Dividends Growth 10
Dividends Growth 15 -$0.02 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.04 Dividends Growth 15
Historical High Div 15.39% Low Div 0.82% 10 Yr High 15.44% 10 Yr Low 1.65% Med Div 2.56% Close Div 2.65%
Curr diff Exp. -79.10% 74.51% Exp. -79.17% 94.94% Cheap 25.65% Cheap 21.49%
Dividend* $0.05 Estimates Dividend*
Increase 0.00% Estimates Increase
Payout Ratio EPS 31.25% Estimates Payout Ratio EPS
Special Dividends CDN$ Paid In $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends CDN$
Dividend* $0.03 $0.05 $0.09 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 -42.86% <-Total Growth 10 Dividends CDN$
Increase 90.00% 84.21% 37.14% 29.17% 9.68% 22.06% 0.00% -75.90% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6 1 12 Years of data Count P, N CDN$
Average Increases 5 Year Running 48.1% 50.0% 36.5% 19.6% -3.0% -8.8% -10.8% -15.2% -15.2% 0.0% 0.0% 0.0% -3.00% <-Median-> 9 Average Incr 5 Year Running CDN$
Dividends 5 Yr Running $0.09 $0.12 $0.15 $0.17 $0.16 $0.14 $0.11 $0.08 $0.05 $0.05 $0.05 $0.05 -42.53% <-Total Growth 8 Dividends 5 Yr Running CDN$
Yield H/L Price 1.32% 1.05% 1.20% 2.29% 3.84% 4.57% 7.89% 7.92% 2.22% 2.78% 3.23% 2.41% 1.90% 2.36% 3.00% <-Median-> 10 Yield H/L Price CDN$
Yield on High  Price 1.03% 0.74% 0.93% 2.01% 3.11% 4.02% 5.24% 5.43% 1.72% 2.07% 2.62% 1.77% 1.63% 1.87% 2.34% <-Median-> 10 Yield on High  Price CDN$
Yield on Low Price 1.82% 1.79% 1.69% 2.66% 5.00% 5.30% 15.96% 14.61% 3.14% 4.24% 4.20% 3.76% 2.27% 3.23% 4.22% <-Median-> 10 Yield on Low Price CDN$
Yield on Close Price 1.15% 0.74% 1.49% 2.65% 4.37% 4.89% 11.22% 9.47% 2.16% 3.76% 2.99% 1.95% 1.85% 3.27% 3.27% 1.83% 3.38% <-Median-> 10 Yield on Close Price CDN$
Payout Ratio EPS 0.00% 0.00% 34.27% 0.00% 0.00% 183.17% 187.31% 171.71% 44.29% 0.00% 42.77% 31.25% 0.00% 31.25% 0.00% #DIV/0! 37.01% <-Median-> 10 DPR EPS CDN$
DPR EPS 5 Yr Running 0.00% 0.00% 412.07% 1907.16% 284.38% 0.00% 0.00% 0.00% 0.00% 0.00% 149.80% #DIV/0! 0.00% <-Median-> 9 DPR EPS 5 Yr Running CDN$
Payout Ratio CFPS 2024.68% 97.75% 18.49% 42.99% 0.00% 30.06% 41.60% 49.74% 6.76% 51.94% 60.60% 16.23% 0.00% 17.47% 35.83% <-Median-> 10 DPR CF CDN$
DPR CF 5 Yr Running 60.57% 45.22% 42.71% 51.29% 36.96% 29.56% 30.80% 24.79% 22.54% 38.11% 36.96% <-Median-> 9 DPR CF 5 Yr Running CDN$
Payout Ratio CFPS WC 0.00% 418.96% 25.56% 32.18% 209.55% 32.56% 33.03% 37.82% 8.54% 0.00% 14.41% 20.60% 0.00% 17.47% 26.39% <-Median-> 10 DPR CF WC CDN$
DPR CF WC 5 Yr Running 54.37% 43.85% 38.15% 40.08% 33.50% 30.11% 26.91% 23.77% 22.45% 30.70% 33.50% <-Median-> 9 DPR CF WC 5 Yr Running CDN$
Median Values 10 Yr Med 10 Yr Cl 3.00% 3.38% 5 Yr Med 5 Yr Cl 2.41% 2.16% 5 Yr Med Payout 31.25% 16.23% 8.54% -24.77% <-IRR #YR-> 5 Dividends -75.90% CDN$
* Dividends per share paid CDN$ 10 Yr Med and Cur. 8.87% -3.22% 5 Yr Med and Cur. 35.62% 51.63% Last Div Inc ---> $0.053 $0.013 -76.2% -5.44% <-IRR #YR-> 10 Dividends -70.59% CDN$
Dividends Growth 15 5.95% <-IRR #YR-> 12 Dividends
Dividends Growth 5 -$0.21 $0.00 $0.00 $0.00 $0.00 $0.05 Dividends Growth 5
Dividends Growth 10 -$0.09 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.05 Dividends Growth 10
Dividends Growth 15 -$0.03 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.05 Dividends Growth 15
Historical Dividends Historical High Div 15.42% Low Div 0.82% 10 Yr High 15.83% 10 Yr Low 1.64% Med Div 2.41% Close Div 2.65% Historical Dividends CDN$
High/Ave/Median Values Curr diff Exp. -78.81% Cheap 298.53% Exp. -79.36% 99.27% Cheap 35.60% Cheap 23.37% High/Ave/Median  CDN$
Future Dividend Yield Div Yield $0.01 earning in 5 Years at IRR of -24.77% Div Inc. -75.90% Future Dividend Yield CDN$
Future Dividend Yield Div Yield 0.19% earning in 10 Years at IRR of -24.77% Div Inc. -94.19% Future Dividend Yield CDN$
Future Dividend Yield Div Yield 0.05% earning in 15 Years at IRR of -24.77% Div Inc. -98.60% Future Dividend Yield CDN$
Future Dividend Paid Div Paid $0.01 earning in 5 Years at IRR of -24.77% Div Inc. -75.90% Future Dividend Paid CDN$
Future Dividend Paid Div Paid $0.00 earning in 10 Years at IRR of -24.77% Div Inc. -94.19% Future Dividend Paid CDN$
Future Dividend Paid Div Paid $0.00 earning in 15 Years at IRR of -24.77% Div Inc. -98.60% Future Dividend Paid CDN$
Dividend Covering Cost Total Div $0.15 over 5 Years at IRR of -24.77% Div Cov. 10.01% Dividend Covering Cost CDN$
Dividend Covering Cost Total Div $0.18 over 10 Years at IRR of -24.77% Div Cov. 11.64% Dividend Covering Cost CDN$
Dividend Covering Cost Total Div $0.18 over 15 Years at IRR of -24.77% Div Cov. 12.03% Dividend Covering Cost CDN$
Div Gr, Cap Gain 2006 Sold $0.35 -99.44% -97.55% Div Gr, Cap Gain CDN$
I am earning # yrs -> 6 2000 Bought $62.52 RRSP To 2022 I am earning CDN$
Yield if held 5 years CDN$ 0.75% 5.28% 6.06% 2.45% 5.64% 8.95% 4.59% 2.85% 0.95% 1.24% 1.34% 1.90% 1.91% 2.22% 2.78% 3.23% 2.18% <-Median-> 10 Paid Median Price CDN$
Yield if held 10 years 0.24% 0.09% 0.57% 4.83% 4.78% 5.07% 23.06% 14.36% 1.02% 1.82% 2.63% 1.10% 0.69% 0.95% 1.24% 1.34% 3.70% <-Median-> 10 Paid Median Price CDN$
Yield if held 15 years 8.38% 1.65% 0.40% 1.36% 2.01% 1.54% 1.49% 5.56% 3.46% 1.02% 1.82% 2.63% 1.65% <-Median-> 9 Paid Median Price CDN$
Yield if held 20 years 2.70% 0.48% 0.10% 0.33% 2.01% 1.54% 1.49% 0.41% <-Median-> 4 Paid Median Price CDN$
Yield if held 25 years 2.70% 0.48% #NUM! <-Median-> 0 Paid Median Price CDN$
Cost covered if held 5 years CDN$ 0.75% 8.06% 11.07% 5.71% 15.82% 30.53% 16.35% 11.80% 15.08% 16.96% 15.19% 15.49% 9.54% 11.11% 13.89% 16.13% 15.34% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 10 years 0.24% 0.14% 1.05% 11.27% 13.41% 18.06% 90.28% 70.59% 21.81% 40.73% 60.26% 25.36% 15.23% 19.85% 23.14% 21.91% 23.59% <-Median-> 10 Paid Median Price CDN$
Cost covered if held 15 years 23.51% 5.87% 1.57% 6.67% 43.06% 34.51% 34.93% 135.56% 87.89% 26.91% 49.82% 73.42% 34.51% <-Median-> 9 Paid Median Price CDN$
Cost covered if held 20 years 57.84% 10.86% 2.26% 7.98% 51.11% 40.68% 40.90% 9.42% <-Median-> 4 Paid Median Price CDN$
Cost covered if held 25 years 74.05% 13.77% #NUM! <-Median-> 0 Paid Median Price CDN$
Dividends on Shares $20.52 $26.51 $29.07 $35.48 $35.48 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $189.81 No of Years 10 Total Divs 12/31/11
Paid  $1,003.77 $774.63 $607.05 $595.08 $316.35 $374.49 $396.72 $227.43 $285.57 $437.76 $461.70 $261.63 $261.63 $466.83 $461.70 No of Years 10 Worth $5.87 170.36
Total $651.51
Graham No. CDN$ $3.68 $3.54 $3.97 $3.71 $3.59 $2.23 $2.63 $2.74 $2.61 $2.49 $2.47 $2.93 $2.76 $2.95 #NUM! $0.00 0.70% <-Total Growth 10 Graham Price CDN$
Price/GP Ratio Med 0.52 1.28 1.84 1.41 1.12 1.67 1.00 0.96 0.86 0.72 0.63 0.71 0.95 0.72 0.95 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Hi 0.66 1.81 2.37 1.61 1.39 1.90 1.51 1.39 1.11 0.97 0.77 0.96 1.11 0.91 1.25 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Low 0.37 0.75 1.30 1.21 0.86 1.44 0.50 0.52 0.61 0.47 0.48 0.45 0.80 0.53 0.56 <-Median-> 10 Price/GP Ratio CDN$
Price/GP Ratio Cl 0.59 1.81 1.48 1.22 0.99 1.56 0.70 0.80 0.89 0.53 0.68 0.87 0.98 0.52 #NUM! #DIV/0! 0.88 <-Median-> 10 Price/GP Ratio CDN$
Prem/Disc CL -40.83% 80.88% 47.83% 21.98% -1.15% 56.40% -29.54% -20.12% -11.27% -46.53% -32.36% -12.52% -2.20% -48.16% #NUM! #DIV/0!
Price Close CDN$ $2.18 $6.40 $5.87 $4.53 $3.55 $3.48 $1.85 $2.19 $2.32 $1.33 $1.67 $2.56 $2.70 $1.53 $1.53 $2.73 -54.00% <-Total Growth 10 Stock Price CDN$
Increase 73.02% 193.58% -8.28% -22.83% -21.63% -1.97% -46.84% 18.38% 5.94% -42.67% 25.56% 53.29% 5.47% -43.33% 0.00% 78.43% -62.87 <-Median-> 10 CAPE (10 Yr P/E) CDN$
P/E -109.00 -30.48 22.99 -37.81 -22.25 37.50 16.70 18.12 20.55 -2.38 14.29 16.00 -14.21 9.56 -19.13 #DIV/0! 4.28% <-IRR #YR-> 5 Stock Price 23.29% CDN$
Trailing P/E -21.80 -320.00 -27.95 17.74 -29.63 -21.81 19.93 19.77 19.20 11.78 -2.99 21.90 16.88 -8.05 9.56 -34.13 -7.47% <-IRR #YR-> 10 Stock Price -54.00% CDN$
CAPE (10 Yr P/E) -15.79 -10.21 -51.20 -64.39 -61.35 -136.07 70.58 110.07 403.57 -89.63 -138.81 224.22 -83.26 -669.27 471.21 #DIV/0! 6.38% <-IRR #YR-> 5 Price & Dividend 34.70% CDN$
Median 10, 5 Yrs D.  per yr 2.54% 2.11% % Tot Ret 0.00% 33.01% T P/E 17.31 16.88 P/E:  15.14 14.29 -4.93% <-IRR #YR-> 10 Price & Dividend -35.09% CDN$
Price  15 D.  per yr 3.66% % Tot Ret 59.65% CAPE Diff -115.21% 2.48% <-IRR #YR-> 15 Stock Price 44.39% CDN$
Price  20 D.  per yr 2.35% % Tot Ret 69.05% 1.05% <-IRR #YR-> 20 Stock Price 23.29% CDN$
Price  25 D.  per yr 2.22% % Tot Ret 46.21% 2.59% <-IRR #YR-> 23 Stock Price #DIV/0! CDN$
Price & Dividend 15 6.14% <-IRR #YR-> 15 Price & Dividend 112.30% CDN$
Price & Dividend 20 3.40% <-IRR #YR-> 20 Price & Dividend 81.28% CDN$
Price & Dividend 25 4.81% <-IRR #YR-> 23 Price & Dividend #DIV/0! CDN$
Price  5 -$2.19 $0.00 $0.00 $0.00 $0.00 $2.70 Price  5
Price 10 -$5.87 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.70 Price 10
Price & Dividend 5 -$2.19 $0.05 $0.05 $0.05 $0.05 $2.75 Price & Dividend 5
Price & Dividend 10 -$5.87 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $2.75 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.70 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.70 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.70 Price  25
Price & Dividend 15 $0.03 $0.05 $0.09 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $2.75 Price & Dividend 15
Price & Dividend 20 $0.03 $0.05 $0.09 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $2.75 Price & Dividend 20
Price & Dividend 25 $0.03 $0.05 $0.09 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $2.75 Price & Dividend 25
Price H/L Median CDN$ $1.90 $4.53 $7.29 $5.24 $4.04 $3.72 $2.63 $2.62 $2.25 $1.80 $1.55 $2.08 $2.63 $2.12 78.43% -63.92% <-Total Growth 10 Stock Price CDN$
Increase -30.91% 138.16% 61.10% -28.12% -22.90% -7.92% -29.30% -0.38% -14.12% -20.00% -13.89% 33.87% 26.75% -19.58% 3.27% -9.69% <-IRR #YR-> 10 Stock Price -63.92% CDN$
P/E -95.00 -21.55 28.55 -43.74 -25.32 40.08 23.74 21.68 19.93 -3.22 13.26 12.97 -13.84 13.22 81.70% 0.08% <-IRR #YR-> 5 Stock Price 0.38% CDN$
Trailing P/E -19.00 -226.25 -34.71 20.52 -33.72 -23.32 28.34 23.65 18.62 15.94 -2.77 17.75 16.44 -11.13 -7.46% <-IRR #YR-> 10 Price & Dividend -48.70% CDN$
P/E on Run. 5 yr Ave -95.00 75.42 137.37 -134.73 -79.53 -131.73 73.23 290.51 40.50 -73.78 -79.16 -213.12 -36.58 -33.85 1.98% <-IRR #YR-> 5 Price & Dividend 9.92% CDN$
P/E on Run. 10 yr Ave -6.15 -18.32 -129.10 -105.97 -80.16 -154.23 54.84 84.40 270.01 -47.87 -64.83 158.52 -83.64 -610.66 -7.20 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs D.  per yr 2.24% 1.91% % Tot Ret -29.98% 96.15% T P/E 17.09 16.44 P/E:  13.11 12.97 Count 23 Years of data
-$7.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.63
-$2.62 $0.00 $0.00 $0.00 $0.00 $2.63
-$7.29 $0.12 $0.16 $0.17 $0.21 $0.21 $0.05 $0.05 $0.05 $0.05 $2.68
-$2.62 $0.05 $0.05 $0.05 $0.05 $2.68
High Months CDN$ Jun 09 Dec 10 Jul Jan Jul Sep Jan Jun Apr Jan Aug Nov Feb Jan
Price High $2.43 $6.40 $9.40 $5.97 $4.98 $4.23 $3.96 $3.82 $2.91 $2.42 $1.91 $2.82 $3.06 $2.68 -67.45% <-Total Growth 10 Stock Price CDN$
Increase -44.39% 163.37% 46.88% -36.49% -16.58% -15.06% -6.38% -3.54% -23.82% -16.84% -21.07% 47.64% 8.51% -12.42% -10.62% <-IRR #YR-> 10 Stock Price -67.45% CDN$
P/E -121.50 -30.48 36.81 -49.83 -31.21 45.58 35.75 31.61 25.77 -4.33 16.34 17.63 -16.11 16.75 -4.34% <-IRR #YR-> 5 Stock Price -19.90% CDN$
Trailing P/E -24.30 -320.00 -44.76 23.38 -41.57 -26.51 42.67 34.48 24.08 21.43 -3.41 24.12 19.13 -14.11 -11.46 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs T P/E 22.41 21.43 P/E:  16.98 16.34 25.77 P/E Ratio Historical High CDN$
-$9.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.06
-$3.82 $0.00 $0.00 $0.00 $0.00 $3.06
Low Months CDN$ Mar 09 Jan 10 Dec Dec Oct Feb Nov Jan Sep Dec Jan Mar Aug Oct
Price Low $1.37 $2.65 $5.18 $4.51 $3.10 $3.21 $1.30 $1.42 $1.59 $1.18 $1.19 $1.33 $2.20 $1.55 -57.53% <-Total Growth 10 Stock Price CDN$
Increase 21.24% 93.43% 95.47% -12.93% -31.26% 3.55% -59.50% 9.23% 11.97% -25.79% 0.85% 11.76% 65.41% -29.55% -8.21% <-IRR #YR-> 10 Stock Price -57.53% CDN$
P/E -68.50 -12.62 20.29 -37.65 -19.43 34.59 11.74 11.75 14.08 -2.11 10.18 8.31 -11.58 9.69 9.15% <-IRR #YR-> 5 Stock Price 54.93% CDN$
Trailing P/E -13.70 -132.50 -24.67 17.66 -25.88 -20.12 14.01 12.82 13.16 10.45 -2.13 11.38 13.75 -8.16 -2.79 P/E Ratio Historical Median CDN$
Median 10, 5 Yrs T P/E 12.10 11.38 P/E:  9.25 8.31 -12.62 P/E Ratio Historical Low CDN$
-$5.18 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.20
-$1.42 $0.00 $0.00 $0.00 $0.00 $2.20
Price Close US$ Using Exch $2.08 $6.42 $5.75 $4.54 $3.34 $3.00 $1.34 $1.63 $1.85 $0.97 $1.29 $2.01 $2.13 $1.13 $1.13 $2.02
Price Close US$ $2.46 $6.43 $5.74 $4.54 $3.37 $2.99 $1.32 $1.63 $1.84 $0.99 $1.27 $2.02 $2.14 $1.15 $1.15 $1.15 -62.72% <-Total Growth 10 Stock Price US$
Increase 113.91% 161.38% -10.73% -20.91% -25.77% -11.28% -55.85% 23.48% 12.88% -46.20% 28.28% 59.06% 5.94% -46.26% 0.00% 0.00% -83.60 <-Median-> 10 CAPE (10 Yr P/E) US$
P/E -129.16 -30.53 22.96 -37.83 -22.47 37.38 16.50 18.11 20.44 -2.41 14.11 16.07 -14.28 9.72 -19.43 #DIV/0! 5.60% <-IRR #YR-> 5 Stock Price 31.29% US$
Trailing P/E -29.93 -337.61 -27.25 18.16 -28.08 -19.93 16.50 20.38 20.44 11.00 -3.10 22.44 17.03 -7.67 9.72 -19.43 -9.40% <-IRR #YR-> 10 Stock Price -62.72% US$
CAPE (10 Yr P/E) -9.75 -15.69 -84.99 -95.32 -86.57 -222.15 77.98 116.93 3,869.82 -97.94 -143.00 204.59 -80.64 -522.48 300.07 #DIV/0! 7.74% <-IRR #YR-> 5 Price & Dividend 43.17% US$
Median 10, 5 Yrs D.  per yr 2.27% 2.14% % Tot Ret 0.00% 27.68% T P/E 16.76 17.03 P/E:  15.09 14.11 -7.13% <-IRR #YR-> 10 Price & Dividend -46.85% US$
Price  15 D.  per yr 2.39% % Tot Ret -141.10% CAPE Diff -111.62% -4.08% <-IRR #YR-> 15 Stock Price -46.50% US$
Price  20 D.  per yr 2.17% % Tot Ret 175.35% -0.93% <-IRR #YR-> 20 Stock Price -17.05% US$
Price  25 D.  per yr #NUM! % Tot Ret #NUM! #NUM! <-IRR #YR-> 21 Stock Price #DIV/0! US$
Price & Dividend 15 -1.69% <-IRR #YR-> 15 Price & Dividend -19.81% US$
Price & Dividend 20 1.23% <-IRR #YR-> 20 Price & Dividend 0.2432934 US$
Price & Dividend 25 #NUM! <-IRR #YR-> 21 Price & Dividend #DIV/0! US$
Price  5 -$1.63 $0.00 $0.00 $0.00 $0.00 $2.14 Price  5
Price 10 -$5.74 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.14 Price 10
Price & Dividend 5 -$1.63 $0.04 $0.04 $0.04 $0.04 $2.18 Price & Dividend 5
Price & Dividend 10 -$5.74 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $2.18 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.14 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.14 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.14 Price  25
Price & Dividend 15 $0.02 $0.05 $0.09 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $2.18 Price & Dividend 15
Price & Dividend 20 $0.02 $0.05 $0.09 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $2.18 Price & Dividend 20
Price & Dividend 25 $0.02 $0.05 $0.09 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $2.18 Price & Dividend 25
Price H/L Median US$ $1.54 $4.26 $7.57 $5.18 $3.45 $3.40 $2.09 $2.01 $1.74 $1.39 $1.17 $1.54 $2.09 $1.65 -72.40% <-Total Growth 10 Stock Price US$
Increase 176.30% 77.91% -31.57% -33.40% -1.45% -38.68% -3.60% -13.68% -19.88% -16.19% 31.76% 36.09% -21.25% -12.08% <-IRR #YR-> 10 Stock Price -72.40% US$
P/E -80.86 -20.20 30.28 -43.17 -23.00 42.50 26.06 22.33 19.28 -3.39 12.94 12.21 -13.94 13.90 0.77% <-IRR #YR-> 5 Stock Price 3.93% US$
Trailing P/E -18.74 -223.41 -35.94 20.72 -28.75 -22.67 26.06 25.13 19.28 15.44 -2.84 17.06 16.62 -10.98 -10.16% <-IRR #YR-> 10 Price & Dividend -60.38% US$
P/E on Run. 5 yr Ave -3441.54 69.90 127.84 -142.41 -69.09 -112.86 74.46 -502.50 45.66 -99.29 -97.08 -535.50 -41.09 -36.42 2.67% <-IRR #YR-> 5 Price & Dividend 13.57% US$
P/E on Run. 10 yr Ave -7.86 -26.14 -224.17 -154.20 -92.70 -222.41 46.92 72.81 2133.50 -43.48 -55.31 122.15 -76.18 -459.14 4.92 P/E Ratio Historical Median US$
Median 10, 5 Yrs D.  per yr 1.92% 1.90% % Tot Ret -18.93% 71.05% Price Inc -13.68% P/E:  12.58 12.21 Count 16 Years of data
-$7.57 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.09
-$2.01 $0.00 $0.00 $0.00 $0.00 $2.09
-$7.57 $0.12 $0.15 $0.15 $0.15 $0.15 $0.04 $0.04 $0.04 $0.04 $2.13
-$2.01 $0.04 $0.04 $0.04 $0.04 $2.13
High Months US$ Jun 09 Dec 10 Jul Jan Jul Sep Jan Jun Apr Jan Aug Dec Feb Jan
Price High $2.00 $5.97 $9.95 $5.80 $3.82 $3.90 $3.19 $3.02 $2.17 $1.91 $1.43 $2.16 $2.42 $2.20 -75.73% <-Total Growth 10 Stock Price US$
Increase -53.38% 198.50% 66.67% -41.71% -34.14% 2.09% -18.21% -5.33% -28.15% -11.98% -25.13% 51.05% 11.81% -8.90% -13.20% <-IRR #YR-> 10 Stock Price -75.73% US$
P/E -105.01 -28.34 39.80 -48.33 -25.47 48.75 39.88 33.56 24.11 -4.66 15.89 17.19 -16.11 18.59 -4.37% <-IRR #YR-> 5 Stock Price -20.03% US$
Trailing P/E -24.33 -313.46 -47.24 23.20 -31.83 -26.00 39.88 37.75 24.11 21.22 -3.49 24.00 19.22 -14.68 7.74 P/E Ratio Historical Median US$
Median 10, 5 Yrs Price Inc -11.98% P/E:  16.54 15.89 36.05 P/E Ratio Historical High US$
-$9.95 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.42
-$3.02 $0.00 $0.00 $0.00 $0.00 $2.42
Low Months US$ Mar 09 Jan 10 Dec Dec Oct Feb Nov Jan Sep Aug Jan Mar Aug Oct
Price Low $1.08 $2.54 $5.19 $4.56 $3.08 $2.90 $0.98 $1.00 $1.30 $0.87 $0.90 $0.91 $1.76 $1.09 -66.03% <-Total Growth 10 Stock Price US$
Increase 12.50% 135.19% 104.33% -12.14% -32.46% -5.84% -66.21% 2.04% 30.00% -33.08% 3.45% 1.11% 93.73% -38.16% -10.24% <-IRR #YR-> 10 Stock Price -66.03% US$
P/E -56.71 -12.06 20.76 -38.00 -20.53 36.25 12.25 11.11 14.44 -2.12 10.00 7.24 -11.76 9.21 12.01% <-IRR #YR-> 5 Stock Price 76.29% US$
Trailing P/E -13.14 -133.37 -24.64 18.24 -25.67 -19.33 12.25 12.50 14.44 9.67 -2.20 10.11 14.03 -7.27 2.09 P/E Ratio Historical Median US$
Median 10, 5 Yrs Price Inc 3.45% P/E:  8.62 7.24 -15.45 P/E Ratio Historical Low US$
-$5.19 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.76
-$1.00 $0.00 $0.00 $0.00 $0.00 $1.76
$50.63 <-12 mths 354.17%
Free Cash Flow MS -$5.00 $47.38 $8.12 $22.93 $27.87 $7.47 $36.47 $87.28 -$12.95 $8.68 $32.63 -$19.92 $36 $11 -142.04% <-Total Growth 10 Free Cash Flow CDN$
Change 1047.60% -82.86% 182.39% 21.54% -73.20% 388.22% 139.32% -114.84% 167.03% 275.92% -161.05% 280.72% -69.44% #NUM! <-IRR #YR-> 5 Free Cash Flow MS -154.62% CDN$
FCF/CF from Op Ratio -0.93 0.83 0.24 -2.42 0.48 0.17 0.99 1.25 -1.54 1.15 1.18 1.89 1.49 -14.87 #NUM! <-IRR #YR-> 10 Free Cash Flow MS -142.04% CDN$
Dividends paid $5.21 $10.78 $14.58 $18.59 $20.681 $25.692 $5.998 $5.923 $5.969 $5.70 $4.44 $5.65 $5.69 $5.69 -47.62% <-Total Growth 10 Dividends paid CDN$
Percentage paid 343.94% 16.45% 6.79% -46.09% 65.65% 13.61% -28.35% 15.82% 51.76% $0.14 <-Median-> 7 Percentage paid CDN$
5 Year Coverage 38.82% 18.43% 28.92% 61.77% 39.74% 5 Year Covrage CDN$
Dividend Coverage Ratio 0.29 6.08 14.74 -2.17 1.52 7.35 -3.53 6.32 1.93 1.52 <-Median-> 7 Dividend Coverage Ratio CDN$
5 Year of Coverage 2.58 5.43 3.46 1.62 2.52 5 Year of Coverage CDN$
-$36.47 $0.00 $0.00 $0.00 $0.00 -$19.92
-$47.38 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$19.92
$58.62 <-12 mths 546.09%
Free Cash Flow CDN$ WSJ $64.287 $55.466 $48.749 $90.513 -$11.201 $9.047 $34.442 -$13.141 $36 $11 -120.44% <-Total Growth 7 Free Cash Flow CDN$
Change -13.72% -12.11% 85.67% -112.38% 180.77% 280.69% -138.15% 373.95% -69.44% #NUM! <-IRR #YR-> 5 Free Cash Flow MS -126.96% CDN$
FCF/CF from Op Ratio 1.10 1.27 1.32 1.29 -1.34 1.20 1.25 1.25 1.49 -14.87 #NUM! <-IRR #YR-> 7 Free Cash Flow MS #DIV/0! CDN$
Dividends paid $20.681 $25.692 $5.998 $5.923 $5.969 $5.699 $4.441 $5.648 $5.694 $5.694 -72.69% <-Total Growth 7 Dividends paid CDN$
Percentage paid 32.17% 46.32% 12.30% 6.54% -53.29% 62.99% 12.89% -42.98% 15.82% 51.76% $0.13 <-Median-> 8 Percentage paid CDN$
5 Year Coverage 25.93% 25.59% 16.34% 25.24% 49.78% 35.13% 5 Year Covrage CDN$
Dividend Coverage Ratio 2.16 8.13 15.28 -1.88 1.59 7.76 -2.33 6.32 1.93
5 Year of Coverage 3.91 6.12 3.96 2.01 2.85
-$48.75 $0.00 $0.00 $0.00 $0.00 -$13.14
-$64.29 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$13.14
Market Cap US$ $251.03 $705.52 $707.38 $551.79 $404.09 $359.54 $159.51 $193.27 $218.33 $117.63 $150.90 $230.93 $243.71 $130.96 $130.96 $130.96 -65.55% <-Total Growth 10 Market Cap US$
Market Cap CDN$ $222.46 $702.23 $723.40 $550.58 $425.68 $418.46 $223.56 $259.67 $275.29 $158.03 $198.43 $292.66 $307.48 $174.24 $174.24 $310.89 -57.50% <-Total Growth 10 Market Cap CDN$
Diluted # of Shares in Millions 97.01 103.29 125.00 121.45 120.86 120.37 120.72 119.25 118.61 118.77 118.82 117.01 114.01 114.11 -8.79% <-Total Growth 10 Diluted
Change 3.75% 6.47% 21.02% -2.84% -0.49% -0.40% 0.29% -1.22% -0.53% 0.13% 0.04% -1.52% -2.56% 0.08% -0.51% <-Median-> 10 Change
Difference Diluted/Basic 0.00% 0.00% -1.81% 0.00% 0.00% -0.22% -0.01% 0.00% -0.01% 0.00% 0.00% -0.06% 0.00% 0.00% 0.00% <-Median-> 10 Difference Diluted/Basic
Average # of Shares in Millions 97.01 103.29 122.74 121.45 120.86 120.10 120.71 119.25 118.61 118.77 118.82 116.94 114.01 114.11 -7.11% <-Total Growth 10 Average
Change 3.74% 6.47% 18.83% -1.05% -0.49% -0.62% 0.51% -1.22% -0.54% 0.14% 0.04% -1.58% -2.50% 0.08% -0.58% <-Median-> 10 Change
Difference Basic/Outstanding 5.2% 6.2% 0.4% 0.1% -0.8% 0.1% 0.1% -0.6% 0.0% 0.0% 0.0% -2.2% -0.1% -0.2% 0.02% <-Median-> 10 Difference Basic/Outstanding
$73.20 <-12 mths -795.68%
# of Share in Millions 102.044 109.723 123.237 121.541 119.909 120.248 120.842 118.572 118.658 118.817 118.817 114.322 113.881 113.881 113.881 113.881 -0.79% <-IRR #YR-> 10 Shares -7.59%
Increase 3.18% 7.53% 12.32% -1.38% -1.34% 0.28% 0.49% -1.88% 0.07% 0.13% 0.00% -3.78% -0.39% 0.00% 0.00% 0.00% -0.80% <-IRR #YR-> 5 Shares -3.96%
CF fr Op $M US$ $0.12 $5.35 $57.10 $33.99 -$9.48 $58.63 $43.53 $36.84 $69.96 $8.38 $7.55 $27.66 -$10.52 $24.12 -$0.74 -$489.83 -118.43% <-Total Growth 10 Cash Flow US$
Change -98.80% 4357.19% 967.67% -40.48% -127.88% 718.71% -25.75% -15.37% 89.88% -88.02% -9.97% 266.49% -138.04% 329.21% -103.07% -66110.00% SO S. Issues Buy Backs
5 year Running Average -$0.40 $3.17 $17.07 $21.32 $17.42 $29.12 $36.75 $32.70 $39.90 $43.47 $33.25 $30.08 $20.61 $11.44 $9.61 -$89.86 20.68% <-Total Growth 10 CF 5 Yr Running US$
CFPS $0.00 $0.05 $0.46 $0.28 -$0.08 $0.49 $0.36 $0.31 $0.59 $0.07 $0.06 $0.24 -$0.09 $0.21 -$0.01 -$4.30 -119.94% <-Total Growth 10 Cash Flow per Share US$
Increase -98.84% 4045.24% 850.59% -39.65% -128.26% 716.97% -26.12% -13.75% 89.74% -88.03% -9.97% 280.90% -138.18% 329.21% -103.07% -66110.00% #NUM! <-IRR #YR-> 10 Cash Flow -118.43% US$
5 year Running Average -$0.05 $0.02 $0.15 $0.18 $0.14 $0.24 $0.30 $0.27 $0.33 $0.36 $0.28 $0.26 $0.17 $0.10 $0.08 -$0.79 #NUM! <-IRR #YR-> 5 Cash Flow -128.56% US$
P/CF on Med Price 1309.71 87.30 16.34 18.52 -43.66 6.97 5.79 6.47 2.94 19.70 18.34 6.34 -22.61 7.77 0.00 0.00 #NUM! <-IRR #YR-> 10 Cash Flow per Share -119.94% US$
P/CF on Closing Price 2092.14 131.92 12.39 16.24 -42.64 6.13 3.66 5.25 3.12 14.03 19.99 8.35 -23.16 5.43 -177.02 -0.27 #NUM! <-IRR #YR-> 5 Cash Flow per Share -129.74% US$
-19.21% Diff M/C #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 16.22% US$
$34.74 <-12 mths 839.56%
Excl.Working Capital CF -$0.16 -$4.10 -$15.79 $11.42 $17.82 -$4.52 $11.30 $11.61 -$14.60 -$9.18 $24.19 -$5.87 $5.82 $0.00 $0.00 $0.00 58.65% <-IRR #YR-> 5 CFPS 5 yr Running -35.75% US$
CF fr Op $M WC US$ -$0.04 $1.25 $41.31 $45.40 $8.34 $54.11 $54.83 $48.45 $55.35 -$0.79 $31.74 $21.79 -$4.70 $24.1 -$0.7 -$489.8 -111.37% <-Total Growth 10 Cash Flow less WC US$
Increase -100.56% 3077.89% 3210.48% 9.92% -81.63% 548.89% 1.32% -11.63% 14.25% -101.43% 4097.48% -31.35% -121.56% 613.37% -103.07% -66110.00% #NUM! <-IRR #YR-> 10 Cash Flow less WC -111.37% US$
5 year Running Average -$0.95 $1.80 $12.32 $19.08 $19.25 $30.08 $40.80 $42.23 $44.22 $42.39 $37.91 $31.31 $20.68 $14 $14 -$90 #NUM! <-IRR #YR-> 5 Cash Flow less WC -109.70% US$
CFPS Excl. WC US$ $0.00 $0.01 $0.34 $0.37 $0.07 $0.45 $0.45 $0.41 $0.47 -$0.01 $0.27 $0.19 -$0.04 $0.21 -$0.01 -$4.30 5.31% <-IRR #YR-> 10 CF less WC 5 Yr Run 67.79% US$
Increase -100.54% 2869.48% 2847.46% 11.46% -81.38% 547.06% 0.82% -9.94% 14.17% -101.43% 4097.48% -28.65% -121.64% 613.37% -103.07% -66110.00% -13.31% <-IRR #YR-> 5 CF less WC 5 Yr Run -51.03% US$
5 year Running Average -$0.06 $0.01 $0.11 $0.16 $0.16 $0.25 $0.34 $0.35 $0.37 $0.35 $0.32 $0.27 $0.18 $0.12 $0.12 -$0.79 #NUM! <-IRR #YR-> 10 CFPS - Less WC -112.31% US$
P/CF on Med Price -3750.54 374.17 22.59 13.87 49.61 7.56 4.60 4.92 3.72 -208.01 4.36 8.05 -50.64 7.77 0.00 0.00 #NUM! <-IRR #YR-> 5 CFPS - Less WC -110.10% US$
P/CF on Closing Price -5991.12 565.44 17.13 12.15 48.46 6.64 2.91 3.99 3.94 -148.15 4.75 10.60 -51.88 5.43 -177.02 -0.27 4.84% <-IRR #YR-> 10 CFPS 5 yr Running 60.44% US$
CF/-WC P/CF Med 10 yr 6.72 5 yr  6.47 P/CF Med 10 yr 6.24 5 yr  4.36 3.72 -12.94% Diff M/C -12.97% <-IRR #YR-> 5 CFPS 5 yr Running -50.08% US$
$98.95 <-12 mths -841.72% problem is no positive  cash flow until 2007
CF fr Op $M CDN$ $0.13 $5.33 $58.32 $33.93 -$10.08 $68.02 $60.28 $49.47 $87.76 $11.44 $9.80 $35.22 -$13.34 $32.60 -$1.00 -$662.10 -122.88% <-Total Growth 10 Cash Flow CDN$
Increase -98.97% 4131.75% 993.72% -41.82% -129.70% -774.85% -11.37% -17.94% 77.41% -86.97% -14.29% 259.27% -137.88% -344.38% -103.07% 66110.00% SO S. Issues Buy Backs
5 year Running Average -$0.85 $3.17 $17.62 $21.98 $17.53 $31.10 $42.09 $40.32 $51.09 $55.39 $43.75 $38.74 $26.18 $15.14 $12.66 -$121.72 48.53% <-Total Growth 10 CF 5 Yr Running CDN$
CFPS CDN$ $0.001 $0.05 $0.47 $0.28 -$0.08 $0.57 $0.50 $0.42 $0.74 $0.10 $0.08 $0.31 -$0.12 $0.29 -$0.01 -$5.81 -124.75% <-Total Growth 10 Cash Flow per Share CDN$
Increase -99.00% 3836% 873.78% -41.01% -130.11% -772.95% -11.81% -16.37% 77.28% -86.98% -14.29% 273.39% -138.02% -344.38% -103.07% 66110.00% #NUM! <-IRR #YR-> 10 Cash Flow -122.88% CDN$
5 year Running Average -$0.06 $0.01 $0.16 $0.19 $0.14 $0.26 $0.35 $0.34 $0.43 $0.46 $0.37 $0.33 $0.22 $0.13 $0.11 -$1.07 #NUM! <-IRR #YR-> 5 Cash Flow -126.97% CDN$
P/CF on Med Price 1538.76 93.12 15.41 18.77 -48.07 6.58 5.27 6.28 3.04 18.70 18.79 6.74 -22.45 7.39 -89.32 0.00 #NUM! <-IRR #YR-> 10 Cash Flow per Share -124.75% CDN$
P/CF on Closing Price 1765.52 131.70 12.40 16.23 -42.24 6.15 3.71 5.25 3.14 13.82 20.24 8.31 -23.05 5.34 -174.24 -0.47 #NUM! <-IRR #YR-> 5 Cash Flow per Share -128.08% CDN$
-51.37% Diff M/C #NUM! <-IRR #YR-> 10 CFPS 5 yr Running 42.90% CDN$
$46.96 <-12 mths 888.50%
Excl.Working Capital CF -$0.17 -$4.09 -$16.13 $11.40 $18.95 -$5.24 $15.64 $15.58 -$18.32 -$12.52 $31.42 -$7.48 $7.38 $0.0 $0.0 $0.0 53.18% <-IRR #YR-> 5 CFPS 5 yr Running -33.84% CDN$
CF fr Op $M WC CDN$ -$0.04 $1.2 $42.2 $45.3 $8.9 $62.8 $75.9 $65.1 $69.4 -$1.1 $41.2 $27.7 -$6.0 $32.6 -$1.0 -$662.1 -114.12% <-Total Growth 10 Cash Flow less WC CDN$
Increase -100.48% -2927% 3291.24% 7.44% -80.43% 607.76% 20.94% -14.32% 6.75% -101.56% -3905.84% -32.70% -121.47% -647.35% -103.07% 66110.00% #NUM! <-IRR #YR-> 10 Cash Flow less WC -114.12% CDN$
5 year Running Average -$1.5 $1.7 $12.7 $19.6 $19.5 $32.1 $47.0 $51.6 $56.4 $54.4 $50.1 $40.5 $26.3 $18.9 $18.9 -$121.7 #NUM! <-IRR #YR-> 5 Cash Flow less WC -109.16% CDN$
CFPS Excl. WC CDN$ -$0.0004 $0.01 $0.34 $0.37 $0.07 $0.52 $0.63 $0.55 $0.59 -$0.01 $0.35 $0.24 -$0.05 $0.29 -$0.01 -$5.81 7.53% <-IRR #YR-> 10 CF less WC 5 Yr Run 106.75% CDN$
Increase -100.47% -2729% 2919.37% 8.94% -80.17% 605.77% 20.35% -12.68% 6.67% -101.56% -3905.84% -30.06% -121.55% -647.35% -103.07% 66110.00% -12.62% <-IRR #YR-> 5 CF less WC 5 Yr Run -49.07% CDN$
5 year Running Average -$0.07 $0.00 $0.11 $0.16 $0.16 $0.26 $0.39 $0.43 $0.47 $0.46 $0.42 $0.34 $0.22 $0.16 $0.16 -$1.07 #NUM! <-IRR #YR-> 10 CFPS - Less WC -115.28% CDN$
P/CF on Med Price -4406.44 399.11 21.30 14.05 54.62 7.13 4.19 4.78 3.84 -197.45 4.47 8.55 -50.29 7.39 -89.32 0.00 -15.94% <-IRR #YR-> 5 CFPS - Less WC -109.53% CDN$
P/CF on Closing Price -5055.81 564.49 17.15 12.15 47.99 6.67 2.94 3.99 3.96 -145.89 4.81 10.55 -51.62 5.34 -174.24 -0.47 7.05% <-IRR #YR-> 10 CFPS 5 yr Running 97.60% CDN$
*Operational Cash Flow per share CF-WC P/CF Med 10 yr 10.99 5 yr  6.28 P/CF Med 10 yr 5.95 5 yr  4.19 4.47 -10.18% Diff M/C -12.30% <-IRR #YR-> 5 CFPS 5 yr Running -48.11% CDN$
-123.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 113.9 Shares
-118.6 0.0 0.0 0.0 0.0 113.9 Shares
-$57.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$10.5 Cash Flow US$
-$36.8 $0.0 $0.0 $0.0 $0.0 -$10.5 Cash Flow US$
-$0.46 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.09 Cash Flow per Share US$
-$0.31 $0.00 $0.00 $0.00 $0.00 -$0.09 Cash Flow per Share US$
-$8.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.38 CFPS 5 yr Running US$
$0.14 $0.00 $0.00 $0.00 $0.00 -$1.38 CFPS 5 yr Running US$
-$41.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$4.7 Cash Flow less WC US$
-$48.4 $0.0 $0.0 $0.0 $0.0 -$4.7 Cash Flow less WC US$
-$12.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $20.7 CF less WC 5 Yr Run US$
-$42.2 $0.0 $0.0 $0.0 $0.0 $20.7 CF less WC 5 Yr Run US$
-$0.34 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.04 CFPS - Less WC US$
-$0.41 $0.00 $0.00 $0.00 $0.00 -$0.04 CFPS - Less WC US$
-$0.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.18 CFPS 5 yr Running US$
-$0.35 $0.00 $0.00 $0.00 $0.00 $0.18 CFPS 5 yr Running US$
-$58.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$13.3 Cash Flow CDN$
-$49.5 $0.0 $0.0 $0.0 $0.0 -$13.3 Cash Flow CDN$
-$0.47 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.12 Cash Flow per Share CDN$
-$0.42 $0.00 $0.00 $0.00 $0.00 -$0.12 Cash Flow per Share CDN$
-$8.74 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$1.38 CFPS 5 yr Running CDN$
$0.16 $0.00 $0.00 $0.00 $0.00 -$1.38 CFPS 5 yr Running CDN$
-$42.2 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$6.0 Cash Flow less WC CDN$
-$65.1 $0.0 $0.0 $0.0 $0.0 -$6.0 Cash Flow less WC CDN$
-$12.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $26.3 CF less WC 5 Yr Run CDN$
-$51.6 $0.0 $0.0 $0.0 $0.0 $26.3 CF less WC 5 Yr Run CDN$
-$0.34 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.05 CFPS - Less WC CDN$
-$0.55 $0.00 $0.00 $0.00 $0.00 -$0.05 CFPS - Less WC CDN$
-$0.11 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.22 CFPS 5 yr Running CDN$
-$0.43 $0.00 $0.00 $0.00 $0.00 $0.22 CFPS 5 yr Running CDN$
Accounts receivable -$10.860 $9.801 -$6.238 -$11.921 $12.826 $8.328 -$22.165 $23.962 -$6.686
Long Term Acc Rec -$2.536
Unbilled Revenue $1.850 $4.755 -$2.973 -$5.287 -$10.785
Income Tax Rec $0.091 -$0.139 -$0.121
Inventories $1.399 -$0.983 -$0.634 -$0.829 -$5.210
Prepaid expenses and deposits -$0.279 $0.098 -$1.113 $0.314 -$0.558 $1.621 $0.528 -$6.861 -$0.180
Deferred Revenue $1.272 -$1.624 $1.675 $1.713 $3.258
Payments associated with success fee obligation -$3.897 -$4.032 -$3.736 -$3.007 -$0.492 $0.000
Accts & other long Term Rec -$0.728
Deferred compensation assets -$0.111
Deferred compensation Liab -$0.093
Accounts payable and accrued liabilities -$2.779 -$1.349 -$0.208 $3.008 -$2.205 -$2.264 $1.665 -$5.547 $13.203
Income Tax Payble         $0.511 -$0.655 $0.157 $0.466 $0.069
Total -$17.815 $4.518 -$11.295 -$11.606 $14.603 $9.178 -$24.192 $7.478 -$7.384
Google --> Morningstar -$11.42 -$17.82 $4.52 -$11.29 -$11.61 $15 $9 -$24 $7 -$7
Difference $0.01 $0.00 -$0.01 $0.00 $0 $0 $0 $0 $0
WC -$18 $5 -$11 -$14 $18 $11 -$29
Difference $0 $0 $0 $2 -$3 -$2 $5
Year 2021 2021 2021 2021 2021
TD CDN$ TD CDN$ TD CDN$ TD CDN$ TD CDN$
OPM CDN$ 0.36% 10.51% 53.96% 38.64% -10.74% 59.64% 42.32% 39.67% 51.93% 10.83% 5.14% 24.37% -10.61% 10.52% -119.67% <-Total Growth 10 OPM CDN$ CDN$
Increase -99.25% 2824.14% 413.38% -28.40% -127.80% -655.13% -29.03% -6.27% 30.91% -79.14% -52.51% 373.70% -143.55% -199.09% Should increase  or be stable. CDN$
Diff from Ave -98.9% -66.6% 71.3% 22.6% -134.1% 89.3% 34.3% 25.9% 64.8% -65.6% -83.7% -22.6% -133.7% -66.6% 0.00 <-Median-> 10 OPM CDN$
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 31.50% 5 Yrs 10.83% should be  zero, it is a   check on calculations CDN$
Long Term Debt US$ $27.47 $19.90 $12.78 $0.40 $0.17 $0.21 $0.00 $90.21 $70.83 353.43% <-Total Growth 7 Debt-Patent Finance US$
Change -27.56% -35.79% -96.86% -56.86% 20.23% 0.00% 0.00% -21.49% -27.56% <-Median-> 7 Change US$
Debt/Market Cap Ratio 0.08 0.12 0.07 0.00 0.00 0.00 0.00 0.37 0.54 3.40% <-Median-> 8 Debt/Market Cap Ratio US$
Assets/Current Liabilities Ratio 8.62 9.37 10.88 8.52 8.93 8.18 11.47 7.62 6.77 8.77 <-Median-> 8 Assets/Current Liab Ratio US$
Debt to Cash Flow (Years) 0.47 0.46 0.35 0.01 0.02 0.03 0.00 -8.57 2.94 0.02 <-Median-> 8 Debt to Cash Flow (Years) US$
Long Term Debt CDN$ $31.86 $27.55 $17.15 $0.50 $0.24 $0.27 $0.00 $114.37 $95.74 315.14% <-Total Growth 7 Debt CDN$
Change -13.54% -37.74% -97.07% -53.09% 14.47% 0.00% 0.00% -16.29% -13.54% <-Median-> 7 Change CDN$
Debt/Market Cap Ratio 0.08 0.12 0.07 0.00 0.00 0.00 0.00 0.37 0.55 0.03 <-Median-> 7 Debt/Market Cap Ratio CDN$
Assets/Current Liabilities Ratio 8.62 9.37 10.88 8.52 8.93 8.18 11.47 7.62 6.77 8.77 <-Median-> 8 Assets/Current Liab Ratio CDN$
Debt to Cash Flow (Years) 0.47 0.46 0.35 0.01 0.02 0.03 0.00 -8.57 2.94 0.02 <-Median-> 8 Debt to Cash Flow (Years) CDN$
Intangibles US$ $118.65 $116.85 $150.03 $146.49 $155.21 $123.35 $114.94 $87.43 $68.70 $46.54 $119.38 $104.92 2.17% <-Total Growth 10 Intangibles US$
Goodwill US$ $12.62 $12.62 $12.62 $12.62 $12.62 $12.62 $42.59 $25.30 $25.30 $12.64 $41.86 $39.64 231.58% <-Total Growth 10 Goodwill US$
Goodwill and Intangibles US$ $131.27 $129.47 $162.65 $159.11 $167.84 $135.97 $157.53 $112.73 $94.00 $59.18 $161.24 $144.57 24.54% <-Total Growth 10 Goodwill and Intangibles US$ US$
Change -1.37% 25.63% -2.18% 5.49% -18.98% 15.85% -28.44% -16.61% -37.04% 172.44% -10.34% -1.77% <-Median-> 10 Change US$
Intangible/Market Cap Ratio 0.19 0.23 0.40 0.44 1.05 0.70 0.72 0.96 0.62 0.26 0.66 1.10 64.23% <-Median-> 10 Intangible/Market Cap Ratio US$
Intangibles CDN$ 121.18 116.65 159.57 169.94 214.93 165.62 144.20 119.27 89.23 59.26 151.36 141.83 22.93% <-Total Growth 10 Intangibles CDN$
Goodwill  CDN$ 12.89 12.60 13.43 14.64 17.48 16.95 53.43 34.52 32.86 16.09 53.07 53.58 76.25% <-Total Growth 10 Goodwill  CDN$
Goodwill and Intangibles CDN$ $134.07 $129.25 $172.99 $184.58 $232.41 $182.57 $197.62 $153.78 $122.09 $75.35 $204.42 $195.41 36.77% <-Total Growth 10 Goodwill and Intangibles CDN$ CDN$
Change -3.59% 33.84% 6.70% 25.91% -21.44% 8.24% -22.18% -20.61% -38.28% 171.28% -4.41% 1.55% <-Median-> 10 Change CDN$
Intangible/Market Cap Ratio 0.19 0.23 0.41 0.44 1.04 0.70 0.72 0.97 0.62 0.26 0.66 1.12 0.64 <-Median-> 10 Intangible/Market Cap Ratio CDN$
Current Assets US$ $437.869 $437.869 $178.316 $144.443 $130.339 $104.594 $129.357 $118.266 $90.061 $116.910 $146.200 $127.072 $151.662 -244.58% <-Total Growth 10 Assets US$
Current Liabilities $237.435 $237.435 $24.953 $44.492 $36.333 $31.290 $26.017 $35.592 $26.599 $30.446 $20.799 $44.206 $49.500 -437.11% <-Total Growth 10 Liabilities US$
Liquidity 1.84 1.84 7.15 3.25 3.59 3.34 4.97 3.32 3.39 3.84 7.03 2.87 3.06 3.49 <-Median-> 10 Ratio US$
Assets US$ $240.824 $251.608 $588.992 $330.785 $337.201 $313.194 $293.218 $282.983 $303.176 $237.412 $249.113 $238.618 $336.958 $334.997 Debt Ratio of 1.5 and up, best
Liabilities $11.212 $11.775 $257.836 $38.523 $84.092 $67.437 $51.840 $38.839 $48.642 $32.544 $37.069 $25.038 $146.773 $131.119 6.48 <-Median-> 10 Ratio US$
Debt Ratio 2.28 8.59 4.01 4.64 5.66 7.29 6.23 7.30 6.72 9.53 2.30 2.55 6.72 <-Median-> 5 Ratio US$
US$
Book Value US$$ $229.612 $239.833 $331.156 $292.262 $253.109 $245.757 $241.378 $244.144 $254.534 $204.868 $212.044 $213.580 $190.185 $203.879 $203.879 $203.879 -10.31% <-Total Growth 10 Book Value US$
Book Value per share $2.25 $2.19 $2.69 $2.40 $2.11 $2.04 $2.00 $2.06 $2.15 $1.72 $1.78 $1.87 $1.67 $1.79 $1.79 $1.79 -37.85% <-Total Growth 10 Book Value per Share US$
Change 19.98% -2.86% 22.94% -10.51% -12.22% -3.18% -2.27% 3.08% 4.18% -19.62% 3.50% 4.69% -10.61% 7.20% 0.00% 0.00% -49.87% P/B Ratio Current/Historical Median US$
P/B Ratio (Median) 0.68 1.95 2.82 2.15 1.63 1.66 1.04 0.98 0.81 0.81 0.65 0.82 1.25 0.92 0.00 0.00 1.28 P/B Ratio Historical Close US$
P/B Ratio (Close) 1.09 2.94 2.14 1.89 1.60 1.46 0.66 0.79 0.86 0.57 0.71 1.08 1.28 0.64 0.64 0.64 -4.65% <-IRR #YR-> 10 Book Value -37.85% US$
Change 78.29% 169.07% -27.39% -11.61% -15.44% -8.36% -54.83% 19.79% 8.35% -33.06% 23.94% 51.94% 18.51% -49.87% 0.00% 0.00% -4.10% <-IRR #YR-> 5 Book Value -18.89% US$
Leverage (A/BK) 1.05 1.05 1.78 1.13 1.33 1.27 1.21 1.16 1.19 1.16 1.17 1.12 1.77 1.64 1.18 <-Median-> 10 A/BV US$
Debt/Equity Ratio 0.05 0.05 0.78 0.13 0.33 0.27 0.21 0.16 0.19 0.16 0.17 0.12 0.77 0.64 0.18 <-Median-> 10 Debt/Eq Ratio US$
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 1.01 5 yr Med 0.81 -36.40% Diff M/C 1.17 Historical Leverage (A/BK) US$
US$
-$2.69 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.67
-$2.06 $0.00 $0.00 $0.00 $0.00 $1.67
Current Assets CDN$ $97.610 $111.453 $447.209 $178.015 $153.630 $151.206 $144.836 $173.688 $148.365 $122.861 $151.843 $186.142 $161.102 $205.001 -177.59% <-Total Growth 10 Current Assets
Current Liabilities $11.774 $11.740 $242.499 $24.911 $47.322 $42.150 $43.329 $34.933 $44.650 $36.286 $39.543 $26.481 $56.044 $66.909 -332.69% <-Total Growth 10 Current Liabilities CDN$
Liquidity 8.29 9.49 1.84 7.15 3.25 3.59 3.34 4.97 3.32 3.39 3.84 7.03 2.87 3.06 3.49 <-Median-> 10 Ratio CDN$
Liq. with CF aft div 8.08 9.50 2.04 7.92 2.33 4.72 4.16 5.68 5.16 3.54 3.94 8.14 2.61 3.47 3.94 <-Median-> 5 Ratio CDN$
Liq. CF re  Inv+Div  8.08 3.98 2.04 3.81 1.96 2.15 1.48 3.58 1.45 3.16 3.94 8.14 0.73 3.47 3.16 <-Median-> 5 Ratio CDN$
Assets  CDN$ $252.894 $250.855 $601.555 $330.226 $358.647 $363.336 $406.032 $379.961 $380.334 $323.877 $323.548 $303.809 $427.195 $452.816 -40.82% <-Total Growth 10 Assets
Liabilities $11.774 $11.740 $263.336 $38.458 $89.440 $78.234 $71.785 $52.149 $61.021 $44.397 $48.145 $31.879 $186.079 $177.233 -41.52% <-Total Growth 10 Liabilities CDN$
Debt Ratio 21.48 21.37 2.28 8.59 4.01 4.64 5.66 7.29 6.23 7.30 6.72 9.53 2.30 2.55 6.48 <-Median-> 10 Ratio CDN$
Check on CDN$ $338.220 $291.768 $269.207 $285.103 $334.246 $327.812 $319.313 $279.481 $275.403 $271.930 $241.116 $275.583
Book Value CDN$ $241.120 $239.115 $338.220 $291.768 $269.207 $285.103 $334.246 $327.812 $319.313 $279.481 $275.403 $271.930 $241.116 $275.583 $275.583 $275.583 -28.71% <-Total Growth 10 Book Value CDN$
Book Value per share $2.36 $2.18 $2.74 $2.40 $2.25 $2.37 $2.77 $2.76 $2.69 $2.35 $2.32 $2.38 $2.12 $2.42 $2.42 $2.42 -22.85% <-Total Growth 10 Book Value per Share CDN$
Change 3.56% -7.77% 25.94% -12.53% -6.48% 5.61% 16.66% -0.05% -2.66% -12.59% -1.46% 2.62% -10.99% 14.29% 0.00% 0.00% -68.45% P/B Ratio Current/Historical Median CDN$
P/B Ratio (Median) 0.80 2.08 2.66 2.18 1.80 1.57 0.95 0.95 0.84 0.77 0.67 0.87 1.24 0.87 2.00 P/B Ratio Historical Median
P/B Ratio (Close) 0.92 2.94 2.14 1.89 1.58 1.47 0.67 0.79 0.86 0.57 0.72 1.08 1.28 0.63 0.63 1.13 -2.56% <-IRR #YR-> 10 Book Value -22.85% CDN$
Change 67.07% 218.32% -27.17% -11.77% -16.21% -7.18% -54.43% 18.43% 8.83% -34.41% 27.42% 49.38% 18.49% -50.42% 0.00% 78.43% -5.20% <-IRR #YR-> 5 Book Value -23.42% CDN$
Leverage (A/BK) 1.05 1.05 1.78 1.13 1.33 1.27 1.21 1.16 1.19 1.16 1.17 1.12 1.77 1.64 1.18 <-Median-> 10 A/BV CDN$
Debt/Equity Ratio 0.05 0.05 0.78 0.13 0.33 0.27 0.21 0.16 0.19 0.16 0.17 0.12 0.77 0.64 0.18 <-Median-> 10 Debt/Eq Ratio CDN$
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 0.95 5 yr Med 0.84 -33.40% Diff M/C 1.21 Historical Leverage (A/BK)
-$2.74 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.12
-$2.76 $0.00 $0.00 $0.00 $0.00 $2.12
$19.98 <-12 mths -198.87%
Comprehensive Income US$ -$1.59 -$9.02 $21.97 -$14.52 -$18.09 $9.71 $10.04 $11.05 $14.11 -$52.99 $11.08 $8.90 -$20.21 -191.99% <-Total Growth 10 Comprehensive Income US$
Increase 78.96% -467.68% 343.62% -166.10% -24.61% 153.67% 3.35% 10.12% 27.69% -475.48% 120.91% -19.71% -327.13% -19.7% <-Median-> 5 Comprehensive Income US$
5 Yr Running Average $2.13 $4.70 $6.58 -$2.14 -$4.25 -$1.99 $1.82 -$0.36 $5.36 -$1.62 -$1.34 -$1.57 -$7.82 #NUM! <-IRR #YR-> 10 Comprehensive Income -191.99% US$
ROE US$ -0.7% -3.8% 6.6% -5.0% -7.1% 4.0% 4.2% 4.5% 5.5% -25.9% 5.2% 4.2% -10.6% #NUM! <-IRR #YR-> 5 Comprehensive Income -282.85% US$
5Yr Median -0.7% -0.7% -0.7% -3.8% -3.8% -3.8% 4.0% 4.0% 4.2% 4.2% 4.5% 4.5% 4.2% #NUM! <-IRR #YR-> 10 5 Yr Running Average -218.91% US$
% Difference from NI 0.0% -59.4% -30.9% 0.0% 0.0% 0.0% 0.0% 0.0% 38.0% 7.9% 5.3% -39.4% 15.5% 84.81% <-IRR #YR-> 5 5 Yr Running Average -384.15% US$
Median Values Diff 5, 10 yr 0.0% 5.3% 7.9% 4.2% <-Median-> 5 Comprehensive Income US$
-$22 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$20
-$11 $0 $0 $0 $0 -$20
-$6.6 $0 $0 $0 $0 $0 $0 $0 $0 $0 -$7.8
$0.4 $0 $0.0 $0 $0 -$7.8
Current Liability Coverage Ratio US$ 0.17 1.82 0.19 1.49 1.75 1.86 1.56 -0.03 1.04 1.05 -0.11 0.49   CFO / Current Liabilities US$
5 year Median 0.84 1.49 1.75 1.56 1.56 1.56 1.05 1.04 0.49 1.04 <-Median-> 5 Current Liability Cov Ratio US$
Asset Efficiency Ratio US$ -0.02% 0.50% 7.01% 13.73% 2.47% 17.28% 18.70% 17.12% 18.26% -0.33% 12.74% 9.13% -1.39% 7.20% CFO / Total Assets US$
5 year Median -0.02% 0.50% 3.60% 3.60% 2.47% 7.01% 13.73% 17.12% 17.28% 17.28% 17.12% 12.74% 9.13% 7.20% 9.1% <-Median-> 5 Return on Assets  US$
Return on Assets ROA US$ -0.7% -8.8% 5.4% -4.4% -5.4% 3.1% 3.4% 3.9% 3.4% -20.7% 4.2% 6.1% -5.2% 4.6% Net  Income/Assets Return on Assets US$
5Yr Median -0.7% -0.7% -0.7% -3.6% -4.4% -4.4% 3.1% 3.1% 3.4% 3.4% 3.4% 3.9% 3.4% 4.2% 3.4% <-Median-> 5 Asset Efficiency Ratio US$
Return on Equity ROE US$ -0.7% -9.3% 9.6% -5.0% -7.1% 4.0% 4.2% 4.5% 4.0% -24.0% 5.0% 6.9% -9.2% 7.6% Net Inc/ Shareholders' equity Return on Equity US$
5Yr Median -0.7% -0.7% -0.7% -4.1% -5.0% -5.0% 4.0% 4.0% 4.0% 4.0% 4.2% 4.5% 4.0% 5.0% 4.0% <-Median-> 5 Return on Equity US$
$15.94 <-12 mths -191.09%
Net Income US$ -$1.59 -$22.22 $31.80 -$14.52 -$18.09 $9.71 $10.04 $11.05 $10.23 -$49.12 $10.53 $14.67 -$17.50 $15.5 -$4.4 -$1.6 -155.03% <-Total Growth 10 Net Income US$
Increase -78.96% 1298.81% -243.11% -145.66% 24.61% -153.67% 3.35% 10.12% -7.47% -580.34% -121.43% 39.38% -219.24% -188.79% -128.57% -63.33% EPS/CF Ratio should not be higher than 1.00 US$
5 Yr Running Average $2.1 $2.1 $5.9 -$2.8 -$4.9 -$2.7 $3.8 -$0.4 $4.6 -$1.6 -$1.5 -$0.5 -$6.2 -$5.2 $3.8 $1.3 #NUM! <-IRR #YR-> 10 Net Income -155.03% US$
Operating Cash Flow $57.10 $33.99 -$9.48 $58.63 $43.53 $36.84 $69.96 $8.38 $7.55 $27.66 -$10.52 #NUM! <-IRR #YR-> 5 Net Income -258.32% US$
Investing Cash Flow $9.81 -$26.92 -$11.90 -$43.36 -$56.28 -$15.26 -$90.83 -$3.20 $0.07 $32.55 -$124.70 #NUM! <-IRR #YR-> 10 5 Yr Running Average -205.68% US$
Total Accruals -$35.12 -$21.59 $3.28 -$5.56 $22.78 -$10.53 $31.10 -$54.30 $2.91 -$45.54 $117.72 76.63% <-IRR #YR-> 5 5 Yr Running Average -1619.36% US$
Total Assets $588.99 $330.79 $337.20 $313.19 $293.22 $282.98 $303.18 $237.41 $249.11 $238.62 $336.96 Balance Sheet Assets US$
Accruals Ratio -5.96% -6.53% 0.97% -1.77% 7.77% -3.72% 10.26% -22.87% 1.17% -19.08% 34.94% 1.17% <-Median-> 5 Ratio US$
EPS/CF Ratio 46.38 -18.52 0.78 -0.32 -2.16 0.18 0.18 0.22 0.19 61.35 0.34 0.66 3.63 0.21 <-Median-> 10 EPS/CF Ratio
-$31.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$17.5
-$11.1 $0.0 $0.0 $0.0 $0.0 -$17.5
-$5.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$6.2
$0.4 $0.0 $0.0 $0.0 $0.0 -$6.2
Financial Cash Flow $289.94 -$260.28 -$24.83 -$18.27 -$19.01 -$8.67 -$4.13 -$6.01 -$4.20 -$15.30 C F Statement  Financial Cash Flow US$
Total Accruals -$325.05 $238.70 $28.11 $12.71 $41.79 -$1.86 $35.24 -$48.29 $7.11 -$30.24 Accruals US$
Accruals Ratio -55.19% 72.16% 8.34% 4.06% 14.25% -0.66% 11.62% -20.34% 2.86% -12.67% -4.91% <-Median-> 4 Ratio US$
$27.01 <-12 mths -205.41%
Comprehensive Income CDN$ -$1.67 -$8.99 $22.44 -$14.50 -$19.24 $11.27 $13.90 $14.84 $17.70 -$72.29 $14.39 $11.33 -$25.62 -214.19% <-Total Growth 10 Comprehensive Income CDN$
Increase 81.84% -438.97% 349.56% -164.61% -32.76% 158.54% 23.36% 6.78% 19.30% -508.32% 119.91% -21.30% -326.17% -21.3% <-Median-> 5 Comprehensive Income CDN$
5 Yr Running Average $1.02 $4.38 $6.04 -$2.38 -$4.39 -$1.81 $2.77 $1.25 $7.69 -$2.92 -$2.29 -$2.80 -$10.90 #NUM! <-IRR #YR-> 10 Comprehensive Income -214.19% CDN$
ROE -0.7% -3.8% 6.6% -5.0% -7.1% 4.0% 4.2% 4.5% 5.5% -25.9% 5.2% 4.2% -10.6% #NUM! <-IRR #YR-> 5 Comprehensive Income -272.65% CDN$
5Yr Median -0.7% -0.7% -0.7% -3.8% -3.8% -3.8% 4.0% 4.0% 4.2% 4.2% 4.5% 4.5% 4.2% #NUM! <-IRR #YR-> 10 5 Yr Running Average -280.35% CDN$
% Difference from NI 0.0% -59.4% -30.9% 0.0% 0.0% 0.0% 0.0% 0.0% 38.0% 7.9% 5.3% -39.4% 15.5% #NUM! <-IRR #YR-> 5 5 Yr Running Average -969.84% CDN$
Median Values Diff 5, 10 yr 0.0% 7.9% 4.2% <-Median-> 5 Comprehensive Income CDN$
-$22.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$25.6
-$14.8 $0.0 $0.0 $0.0 $0.0 -$25.6
-$6.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$10.9
-$1.3 $0.0 $0.0 $0.0 $0.0 -$10.9
Current Liability Coverage Ratio CDN$ 0.00 0.11 0.17 1.82 0.19 1.49 1.75 1.86 1.56 -0.03 1.04 1.05 -0.11 0.49   CFO / Current Liabilities CDN$
5 year Median 0.00 0.11 0.17 0.17 0.17 0.19 1.49 1.75 1.56 1.56 1.56 1.05 1.04 0.49 1.04 <-Median-> 5 Current Liability Cov Ratio CDN$
Asset Efficiency Ratio CDN$ -0.02% 0.50% 7.01% 13.73% 2.47% 17.28% 18.70% 17.12% 18.26% -0.33% 12.74% 9.13% -1.39% 7.20% CFO / Total Assets CDN$
5 year Median -0.02% 0.50% 3.60% 3.60% 2.47% 7.01% 13.73% 17.12% 17.28% 17.28% 17.12% 12.74% 9.13% 7.20% 9.1% <-Median-> 5 Return on Assets  CDN$
Return on Assets ROA CDN$ -0.7% -8.8% 5.4% -4.4% -5.4% 3.1% 3.4% 3.9% 3.4% -20.7% 4.2% 6.1% -5.2% 4.6% Net  Income/Assets Return on Assets CDN$
5Yr Median -0.7% -0.7% -0.7% -3.6% -4.4% -4.4% 3.1% 3.1% 3.4% 3.4% 3.4% 3.9% 3.4% 4.2% 3.4% <-Median-> 5 Asset Efficiency Ratio CDN$
Return on Equity ROE CDN$ -0.7% -9.3% 9.6% -5.0% -7.1% 4.0% 4.2% 4.5% 4.0% -24.0% 5.0% 6.9% -9.2% 7.6% Net Inc/ Shareholders' equity Return on Equity CDN$
5Yr Median -0.7% -0.7% -0.7% -4.1% -5.0% -5.0% 4.0% 4.0% 4.0% 4.0% 4.2% 4.5% 4.0% 5.0% 4.0% <-Median-> 5 Return on Equity CDN$
$21.54 <-12 mths -197.12%
Net Income CDN$ -$1.67 -$22.15 $32.48 -$14.50 -$19.24 $11.27 $13.90 $14.84 $12.83 -$67.01 $13.67 $18.68 -$22.18 $21.0 -$6.0 -$2.2 -168.31% <-Total Growth 10 Net Income CDN$
Increase -81.84% 1228.06% -246.60% -144.64% 32.76% -158.54% 23.36% 6.78% -13.55% -622.35% -120.41% 36.63% -218.73% -194.67% -128.57% -63.33% EPS/CF Ratio should not be higher than 1.00 CDN$
5 Yr Running Average $1.0 $1.7 $5.4 -$3.0 -$5.0 -$2.4 $4.8 $1.3 $6.7 -$2.8 -$2.4 -$1.4 -$8.8 -$7.2 $5.0 $1.9 #NUM! <-IRR #YR-> 10 Net Income -168.31% CDN$
Operating Cash Flow $0.13 $5.33 $58.32 $33.93 -$10.08 $68.02 $60.28 $49.47 $87.76 $11.44 $9.80 $35.22 -$13.34 #NUM! <-IRR #YR-> 5 Net Income -249.49% CDN$
Investing Cash Flow $20.53 -$16.32 $10.02 -$26.88 -$12.65 -$50.31 -$77.93 -$20.49 -$113.95 -$4.37 $0.09 $41.44 -$158.09 #NUM! <-IRR #YR-> 10 5 Yr Running Average -262.47% CDN$
Total Accruals -$22.32 -$11.17 -$35.86 -$21.55 $3.49 -$6.44 $31.55 -$14.13 $39.02 -$74.08 $3.78 -$57.98 $149.25 #NUM! <-IRR #YR-> 5 5 Yr Running Average -802.61% CDN$
Total Assets $252.89 $250.86 $601.56 $330.23 $358.65 $363.34 $406.03 $379.96 $380.33 $323.88 $323.55 $303.81 $427.20 Balance Sheet Assets CDN$
Accruals Ratio -8.83% -4.45% -5.96% -6.53% 0.97% -1.77% 7.77% -3.72% 10.26% -22.87% 1.17% -19.08% 34.94% 1.17% <-Median-> 5 Ratio CDN$
EPS/CF Ratio 46.38 -18.52 0.75 -0.32 -2.16 0.18 0.18 0.22 0.19 61.35 0.34 0.66 3.63 0.21 <-Median-> 10 EPS/CF Ratio CDN$
-$32.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$22.2
-$14.8 $0.0 $0.0 $0.0 $0.0 -$22.2
-$5.4 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$8.8
-$1.3 $0.0 $0.0 $0.0 $0.0 -$8.8
Change in Close 73.02% 193.58% -8.28% -22.83% -21.63% -1.97% -46.84% 18.38% 5.94% -42.67% 25.56% 53.29% 5.47% -43.33% 0.00% 78.43% Count 23 Years of data CDN$
up/down up up up up down up down up up down Count 19 82.61% CDN$
Meet Prediction? Yes Yes Yes Yes Yes Yes % right Count 11 57.89% CDN$
Financial Cash Flow $14.13 $20.41 $296.12 -$259.84 -$26.41 -$21.19 -$26.33 -$11.64 -$5.18 -$8.19 -$5.46 -$19.48 $108.26 C F Statement  Fin. C. F CDN$
Total Accruals -$36.45 -$31.58 -$331.98 $238.29 $29.90 $14.75 $57.87 -$2.49 $44.20 -$65.88 $9.24 -$38.50 $40.99 Accruals CDN$
Accruals Ratio -14.41% -12.59% -55.19% 72.16% 8.34% 4.06% 14.25% -0.66% 11.62% -20.34% 2.86% -12.67% 9.59% 2.86% <-Median-> 5 Ratio CDN$
Cash US$ $432.19 $175.25 $130.39 $126.31 $93.43 $106.55 $81.82 $63.93 $67.42 $106.58 $55.80 $89.78 Cash US$
Cash CDN$  $72.76 $82.19 $441.40 $174.95 $138.69 $146.53 $129.38 $143.07 $102.64 $87.21 $87.57 $135.70 $70.75 $121.36 Cash CDN$
Cash per Share $0.71 $0.75 $3.58 $1.44 $1.16 $1.22 $1.07 $1.21 $0.87 $0.73 $0.74 $1.19 $0.62 $1.07 $0.74 <-Median-> 5 Cash per Share CDN$
% of share value. 32.71% 11.70% 61.02% 31.78% 32.58% 35.02% 57.87% 55.10% 37.28% 55.19% 44.13% 46.37% 23.01% 69.65% 44.13% <-Median-> 5 % of Stock Price CDN$
http://www.cantechletter.com/2013/03/wi-lan-ceo-jim-skippen-keeps-buying-his-own-stock0312/ 
Notes:
November 5, 2022.  Last estimates were for 2021, and 2022  of $134M, $245M and $283M CDN$ for Revenue 2022-24, 
-$.08, $0.06 CDN$ EPS, $0.05 CDN for Dividends for 2021, -$10M and $28M CDN$ for FCF, -$11M, $11M CDN$ for Net Income.
November 13, 2021.  Last estimates were for 2020 and 2021 of 134M, $113M US$ for Revenue, $0.11 and -$0.01 US$ for EPS, 
$0.05 and $0.05 CDN$ for Dividends, $2, $3 CDN$ for FCF and $16M and $5M US$ for Net Income.
November 22, 2020.  Last estimates were for 2019 and 2020 of $135M and $108M US$ for Revenue, 
$0.05 and -$0.01 US$ for EPS and $6M and -$1M US$ for Net Income.
December 3, 2019.  This stock is delisted from Nasdawq and listed OTC as QTRHF
November 23, 2019.  Last estimates were for 2018, 2019 and 2020 of $77M, $99M and $110M for Revenue US$, 
-$0.16, $0.01 and $0.11 for EPS US$, -$31M and $-8M for Net Income for 2018 and 2019.
November 27, 2018.  Last estimates were for 2017, 2018 and 2019 of $137M, $109M and $127M US$ for Revenue,
 $0.21, $ 0.03 amd $0.05 US$ for EPS, $24.4M, -$1.51M and $5.97M US$ for Net Income.
December 2, 2017.  Last estimates were for 2016 and 2017 of $81.3M and 72.2M for Revenue, $0.40 and $0.22 for EPS and $17.8M and $4.22M for Net Income.
June 2, 2017.  Name and Symbol change from Wi-Lan (TSX-WIN, NASDAQ-WILN) to Quarterhaill Inc (TSX-QTRH, NASDAQ-QTRH)
December 3, 2016.  Last estimates were for 2015 and 2016 of $98.80M, $91.50M and $60.00M for Revenue US$ for 2015, 2016 and 2017,
 $0.06 and $0.02 for EPS US$, $0.52 and 0.65 for CFPS US$ and $15.10M for Net Income for 2015 US$.
December 6, 2015.  Last estimates were for 2014, 2015 and 2016 of $97.5M, $106M and $142M US$ For Revenue, $0.10 and $0.13 for EPS for 2014 and 2015 US$, 
$0.45, $0.52 and $0.65 for CFPS US$, $14.5M and $15.1M for 2014 and 2015 for Net Income US$.
November 1, 2014.  Last estimates were for 2013, 2014 and 2015 of $82.58M, 114.99M and $146M US$ for Revenue, 
$0.11, $0.48 and $0.59 EPS US$, -$0.05 and $0.09 for CFPS for 2013 and 2014.
September 29, 2013.  The last estimates were for 2012 and 2013 of $96.35M and $117.8M for Revenue, $.40 and $0.55 ($.077 for 2013).
July 28, 2012.  The last estimates I got were for EPS for 2010 to 2012 and were $.08, $.30 and $.57.
Jan 31, 2010.  I got the financials for Oct 2009 from the internet annoucement for the 3 andf 12 months ending 31 Oct 2009.
Jul 2009, the company annouced it will be changing its year end to Dec, effect 31 Dec 2009.  So the figures for Oct 31, 2009 will not be the final ones for the company.
The CEO and CFO are listed as Officers of the company in the insider trading report.  They should be listed as CEO and CFO.
Jim Skippen, Chairman & CEO
Shaun McEwan, CFO
Bill Middleton, Senior VP & General Counsel
Jung Yee, CTO
Sector:
Tech
 Old: Telecom Service, Utilities old
What should this stock accomplish?
Would I buy this company and Why.
I would not buy this company.  I do not like its business model.  It is a patent troll and I do not like this business.  
Why am I following this stock. 
I am still following stock because I once owned it.  I held it from 2000 to 2006 and basically lost all my investment. It was called Wi-Lan (TSX-WIN, NASDAQ-WILN) at that time.
Dividends
Dividends are payable mostly in Cycle 1, in months of January, April, July and October.  Dividends are declared in one month and paid in the following month.  
For example, the dividend declared for Shareholders of record on December 13, 2013 was payable on January 6. 2014.
Would I consider buying this company?
No.  They seem now to be patent trolls and I do not like this business model.
Why I bought this stock.
I bought this company in 2000 as WiLan Inc. (TSX-WIN, OTC-WILN.  It was an up and coming company in communications.   I sold it in 2006 after losing most of my investment.  
This stock has never recovered from the bubble that occurred in 2000.  I lost all hope of ever making any money on this stock.
The other thing is that they completely refocused their company to earn money on their patents.
How they make their money.
Quarterhill Inc is focused on the acquisition, management, and growth of companies in the intelligent transportation systems (ITS) and innovation and l
icensing industries. Its geographical segments are the United States, Canada, Chile, China, Korea, Singapore, Taiwan, Thailand, Ukraine, and the Rest of the world.   
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date 2014 Dec 6 2015 Dec 3 2016 Dec 2 2017 Nov 27 2018 Nov 23 2019 Nov 22 2020 Nov 13 2021 Nov 05 2022
Kidd, Bret 0.000 0.00% 0.035 0.03% #DIV/0!
CEO - Shares - Amount $0.000 $0.053
Options - percentage 0.475 0.42% -0.991 -0.87% -308.53%
Options - amount $1.283 -$1.516
Hill, Paul 0.200 0.17% 0.272 0.24% Ceased insider Dec 2021 -100.00%
CEO - Shares - Amount $0.512 $0.735
Options - percentage 1.400 1.22% 1.450 1.27% -100.00%
Options - amount $3.584 $3.915
Parker, Douglas Michael 0.056 0.05% 0.063 0.05% 0.063 0.05% Appointed Dec 2017
CEO - Shares - Amount $0.074 $0.105 $0.105 Step down Oct 2019
Options - percentage 1.400 1.18% 2.100 1.77% 2.100 1.77%
Options - amount $1.862 $3.508 $3.508
Karnes, John 0.014 0.01% #DIV/0!
CFO- Shares - Amount $0.021
Options - percentage 0.725 0.64% #DIV/0!
Options - amount $1.109
Rim, John 0.000 0.00% 0.001 0.00% Ceased insider Deb 2022 -100.00%
CFO- Shares - Amount $0.000 $0.003
Options - percentage 0.700 0.61% 0.704 0.62% -100.00%
Options - amount $1.792 $1.901
McEwan, Michael Shaun 0.05% 0.066 0.05% 0.066 0.06% 0.100 0.08% 0.100 0.08% 0.100 0.08% 0.100 0.09% Was CFO to 2017 #DIV/0!
CFO- Shares - Amount $0.230 $0.122 $0.145 $0.232 $0.133 $0.167 $0.256 Interim CEO 2017
Options - percentage 0.70% 0.714 0.59% 0.801 0.68% 1.298 1.09% 1.075 0.90% 1.246 1.05% 1.246 1.09% Return of CFO Jan 2018 #DIV/0!
Options - amount $2.913 $1.321 $1.753 $3.012 $1.429 $2.081 $3.190 Announcement He is leaving
Watchmaker, Prashant 0.670 0.56% 0.051 0.04% 0.066 0.06% 0.073 0.06% 0.098 0.09% 34.16%
Officer - Shares - Amount $0.892 $0.085 $0.169 $0.198 $0.150
Options - percentage 0.620 0.52% 0.718 0.60% 0.737 0.64% 0.735 0.65% 0.708 0.62% -3.63%
Options - amount $0.825 $1.199 $1.886 $1.984 $1.083
Vladescu, Michael 0.05% 0.080 0.07% 0.083 0.07% 0.088 0.07% COO
Officer - Shares - Amount $0.223 $0.149 $0.181 $0.204 Ceased insider Apr 2018
Options - percentage 0.54% 0.648 0.54% 0.727 0.61% 0.781 0.66%
Options - amount $2.280 $1.198 $1.591 $1.813
Fattouche, Michel 1.86% 2.032 1.68% 1.917 1.62% 1.917 1.62%
Director - Shares - Amount $7.768 $3.760 $4.199 $4.448
Options - percentage 0.11% 0.116 0.10% 0.145 0.12% 0.260 0.22%
Options - amount $0.446 $0.215 $0.318 $0.603
McCarten, W. Paul 0.02% 0.050 0.04% 0.050 0.04% 0.050 0.04% 0.065 0.05% 0.038 0.03% 0.065 0.06% 0.065 0.06% Lead Director 2017 -100.00%
Director - Shares - Amount $0.104 $0.093 $0.110 $0.116 $0.086 $0.064 $0.166 $0.175 I had him as chairman
Options - percentage 0.09% 0.127 0.11% 0.127 0.11% 0.242 0.20% 0.273 0.23% 0.233 0.20% 0.340 0.30% 0.382 0.34% -100.00%
Options - amount $0.378 $0.236 $0.278 $0.562 $0.363 $0.389 $0.871 $1.031
Skippen, James 0.50% 0.923 0.76% 0.782 0.66% 0.800 0.67% 0.800 0.67% 0.839 0.71% 0.839 0.73% 0.708 0.62% 0.708 0.62% was CEO to 2017 0.00%
Vice-Chair - Shares - Amt $2.089 $1.708 $1.712 $1.856 $1.064 $1.400 $2.147 $1.911 $1.083 Was Chair in 2018
Options - percentage 1.84% 2.889 2.39% 3.023 2.55% 4.073 3.43% 3.173 2.67% 2.984 2.51% 0.000 0.00% 2.833 2.49% 2.845 2.50% 0.44%
Options - amount $7.704 $5.345 $6.620 $9.448 $4.220 $4.982 $0.000 $7.648 $4.353
Gillbery, John Kendall 0.115 0.10% 0.115 0.10% 0.115 0.10% 0.115 0.10% 0.00%
Chairman - Shares - Amt $0.193 $0.295 $0.311 $0.177
Options - percentage 0.310 0.26% 0.360 0.31% 0.402 0.35% 0.449 0.39% 11.63%
Options - amount $0.517 $0.922 $1.085 $0.686
Increase in O/S Shares 0.17% 0.423 0.35% 0.625 0.52% 0.058 0.05% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.352 0.31% 0.400 0.35% 0 in 2018, 2019
due to SO $0.729 $1.472 $1.157 $0.126 $0.000 $0.000 $0.000 $0.901 $1.080
Book Value $0.478 $1.160 $2.056 $0.127 $0.000 $0.000 $0.000 $1.006 $2.560
Insider Buying -$0.117 -$0.118 -$0.275 -$0.101 -$0.166 -$0.438 -$0.238 -$0.569
Insider Selling $2.675 $0.819 $0.000 $0.000 $0.000 $0.000 $0.472 $0.032
Net Insider Selling $0.629 $2.558 $0.700 -$0.275 -$0.101 -$0.166 -$0.438 $0.234 -$0.538
% of Market Cap 0.15% 1.14% 0.27% -0.10% -0.06% -0.08% -0.15% 0.08% -0.31%
Directors 8 8 8 8 6 8 8 9
Women 0% 1 13% 1 13% 1 13% 1 13% 1 17% 1 13% 2 25% 4 44%
Minorities 0% 0 0% 1 13% 1 13% 0 0% 0 0% 0 0% 0 0% 0 0%
Institutions/Holdings 32.85% 67 18.15% 59 29.28% 43 19.47% 45 30.34% 20 20 9.40% 20 5.88%
Total Shares Held 32.81% 21.917 18.14% 34.708 29.27% 23.102 19.47% 36.047 30.34% 26.019 21.90% 10.695 9.39% 6.731 5.91%
Increase/Decrease 2.74% -14.969 -40.58% -5.077 -12.76% -5.819 -20.12% -0.735 -2.00% 1.176 4.74% -1.542 -12.60% 0.024 0.36%
Starting No. of Shares 36.886 39.785 28.921 36.782 24.843 Top 20 12.237 Top 20 6.706 Top 20
Copyright © 2008 Website of SPBrunner. All rights reserved.
http://www.cantechletter.com/2014/04/wi-lans-valuation-looks-compelling-going-q1-earnings/