AJX : AgJunction Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

AgJunction Inc trades with the ticker AJX on the TSX and is in the Communication Equipment industry.

Overview
AgJunction Inc. develops, sells, and licenses hardware and software solutions for precision agriculture applications worldwide. Its products and solutions offer precision guidance and positioning, autosteering, and machine automation for off-road markets with application to farming operations, such as tilling, planting, spraying, and harvesting. The company provides Wheelman white-label, an autosteering platform for manufacturers and suppliers; Electronic Control Units family support modules for autosteering, hydraulic control, machine learning, diagnostic system, and sensor fusion applications; Mechanical Drive Units family that allow manufacturers and suppliers to integrate autosteering on vehicles that do not have manufacturing autosteering interfaces; and terminals, GNSS, and kits that are provided to support manufacturers’ and suppliers’ requirements. It also offers RANGER, a GPS guidance solution; and Wheelman autosteering systems, such as Wheelman Pro, Wheelman Flex, Wheelman Pro HP, Wheelman Flex HP, and Whirl software for farmers to steer farm equipment. In addition, the company also provides cloud infrastructure services that include cloud data storage, subscription management, over-the-air update management, and remote support. It markets its solutions under the Novariant, HandsFreeFarm, Wheelman, and Whirl brands through manufacturers, suppliers, and direct-to-farmer, as well as its ecommerce platform, HandsFreeFarm.com. The company was formerly known as Hemisphere GPS Inc. and changed its name to AgJunction Inc. in May 2013. AgJunction Inc. was incorporated in 1990 and is headquartered in Scottsdale, Arizona. As of December 7, 2021, AgJunction Inc. operates as a subsidiary of Kubota Corporation.
 

Looking to invest in AgJunction Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

AJX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $89.382MM

PE Ratio:

Price: 3.96 (Updated: 3/12/2024 0:47:16)



AgJunction Inc (AJX) vs Competitors in Communication Equipment

Lets see how AJX.TO stacks up against others in the Communication Equipment asset management industry. We have identified its main peers as:

Evertz Technologies Limited, EXFO Inc, Maxar Technologies Inc, Quarterhill Inc, Sierra Wireless, Inc

.

Communication Equipment Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
AgJunction Inc (AJX) $89.382 N/A 0.593 0.0%
Evertz Technologies Limited (ET) $1,087.379 15.544 8.998 5.4%
EXFO Inc (EXF) $448.5 N/A 30.105 0.0%
Maxar Technologies Inc (MAXR) $5,349.655 N/A 14.031 0.1%
Quarterhill Inc (QTRH) $210.488 22.875 3.498 2.7%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Communication Equipment

  • AgJunction Inc (AJX) vs Evertz Technologies Limited (ET)
    • ET has higher EPS (0.92 vs -0.067). ET has higher dividend yield (5.4% vs 0.0%). AJX has a P/E under 0, indicating ET (P/E 15.544) is in a better position.
  • AgJunction Inc (AJX) vs EXFO Inc (EXF)
    • AJX has higher EPS (-0.067 vs -0.14). EXF has higher dividend yield (0.0% vs 0.0%). EXF and AJX both have P/E’s under 0.
  • AgJunction Inc (AJX) vs Maxar Technologies Inc (MAXR)
    • AJX has higher EPS (-0.067 vs -2.75). MAXR has higher dividend yield (0.1% vs 0.0%). MAXR and AJX both have P/E’s under 0.
  • AgJunction Inc (AJX) vs Quarterhill Inc (QTRH)
    • QTRH has higher EPS (0.08 vs -0.067). QTRH has higher dividend yield (2.7% vs 0.0%). AJX has a P/E under 0, indicating QTRH (P/E 22.875) is in a better position.
  • AgJunction Inc (AJX) vs Sierra Wireless, Inc (SW)
    • AJX has higher EPS (-0.067 vs -2.492). SW has higher dividend yield (0.0% vs 0.0%). SW and AJX both have P/E’s under 0.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (0.59) than the industry average (28.03), indicating attractive valuation.
 

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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