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Kits Eyecare Ltd
TSX:KITS

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Kits Eyecare Ltd Logo
Kits Eyecare Ltd
TSX:KITS
Watchlist
Price: 6.15 CAD -0.97% Market Closed
Updated: Mar 28, 2024

Intrinsic Value

Kits Eyecare Ltd. engages in the online retailing of eye care products. [ Read More ]

The intrinsic value of one KITS stock under the Base Case scenario is 2.82 CAD. Compared to the current market price of 6.15 CAD, Kits Eyecare Ltd is Overvalued by 54%.

Key Points:
KITS Intrinsic Value
Base Case
2.82 CAD
Overvaluation 54%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Kits Eyecare Ltd

Backtest KITS Intrinsic Value
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Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

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Fundamental Analysis

Financials

Balance Sheet Decomposition
Kits Eyecare Ltd

Current Assets 34m
Cash & Short-Term Investments 16m
Receivables 1.8m
Other Current Assets 16.1m
Non-Current Assets 53.7m
PP&E 8.7m
Intangibles 39.3m
Other Non-Current Assets 5.7m
Current Liabilities 24.5m
Accounts Payable 16m
Other Current Liabilities 8.6m
Non-Current Liabilities 11.7m
Long-Term Debt 11.7m
Efficiency

Earnings Waterfall
Kits Eyecare Ltd

Revenue
120.5m CAD
Cost of Revenue
-79.7m CAD
Gross Profit
40.8m CAD
Operating Expenses
-42.2m CAD
Operating Income
-1.4m CAD
Other Expenses
-783k CAD
Net Income
-2.2m CAD

Free Cash Flow Analysis
Kits Eyecare Ltd

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

KITS Profitability Score
Profitability Due Diligence

Kits Eyecare Ltd's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Year Average ROE
Positive Gross Profit
Positive 3-Years Revenue Growth
Exceptional 1-Year Revenue Growth
43/100
Profitability
Score

Kits Eyecare Ltd's profitability score is 43/100. The higher the profitability score, the more profitable the company is.

KITS Solvency Score
Solvency Due Diligence

Kits Eyecare Ltd's solvency score is 55/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Low D/E
Long-Term Solvency
Negative Net Debt
55/100
Solvency
Score

Kits Eyecare Ltd's solvency score is 55/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

KITS Price Targets Summary
Kits Eyecare Ltd

Wall Street analysts forecast KITS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for KITS is 9.48 CAD with a low forecast of 8.08 CAD and a high forecast of 11.55 CAD.

Lowest
Price Target
8.08 CAD
31% Upside
Average
Price Target
9.48 CAD
54% Upside
Highest
Price Target
11.55 CAD
88% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

KITS Price
Kits Eyecare Ltd

1M 1M
-3%
6M 6M
+23%
1Y 1Y
+44%
3Y 3Y
-27%
5Y 5Y
-32%
10Y 10Y
-32%
Annual Price Range
6.15
52w Low
4.15
52w High
6.69
Price Metrics
Average Annual Return -36.48%
Standard Deviation of Annual Returns 46.96%
Max Drawdown -78%
Shares Statistics
Market Capitalization 193.4m CAD
Shares Outstanding 31 439 800
Percentage of Shares Shorted 0.15%

KITS Return Decomposition
Main factors of price return

What is price return decomposition?

Company Profile

Kits Eyecare Ltd Logo
Kits Eyecare Ltd

Country

Canada

Industry

Retail

Market Cap

193.4m CAD

Dividend Yield

0%

Description

Kits Eyecare Ltd. engages in the online retailing of eye care products. The company is headquartered in Vancouver, British Columbia and currently employs 95 full-time employees. The company went IPO on 2021-01-19. The firm offers customers access to a selection of contact lenses and eyeglasses, including its own exclusive KITS designed products, as well as an advanced suite of online vision tools. The firm also provides customer convenience by providing access to online virtual fittings, pupillary distance measurements, and online vision tests. The firm offers Autoship subscription delivery program for its customers. Its KITS branded collections include Little Italy, South Beach and KITS Kids.

Contact

BRITISH COLUMBIA
Vancouver
510 Seymour Street, Suite 1020
+16042355550.0
https://www.kits.com/

IPO

2021-01-19

Employees

95

Officers

Co-Founder, CEO & Chairman of the Board
Mr. Roger V. Hardy
Co-Founder, President, CFO, Corporate Secretary & Director
Ms. Sabrina Liak
Co-Founder & COO
Mr. Joseph Thompson
Chief Technology Officer
Mr. Arshil Abdulla
Chief Information Officer
Mr. Robert Long
Chief Marketing Officer
Mr. Stefan Paul Harvalias
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Chief Business Development Officer
Mr. Tai Silvey
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See Also

Discover More
What is the Intrinsic Value of one KITS stock?

The intrinsic value of one KITS stock under the Base Case scenario is 2.82 CAD.

Is KITS stock undervalued or overvalued?

Compared to the current market price of 6.15 CAD, Kits Eyecare Ltd is Overvalued by 54%.