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Star Navigation Systems
(SNA)
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Rating:40Underperform
Price Target:
C$0.01
▲(40.00% Upside)
Action:Downgraded
Date:06/28/26
The score is constrained primarily by very weak financial performance: persistent heavy losses, negative cash flow, and negative shareholder equity despite strong revenue growth. Technicals show short-term strength (price above key moving averages and positive MACD), but extremely overbought RSI/Stoch readings raise pullback risk. Valuation signals are also weak because the company is loss-making and no dividend yield is provided.
Positive Factors
Strong Revenue Growth
Sustained TTM revenue growth (+64.9%) indicates meaningful market traction for its aircraft monitoring solutions. Over 2-6 months this supports scaling potential: higher recurring-license and installation demand can drive operating leverage if management controls fixed costs and converts top-line to improved margins.
Negative Factors
Persistent Operating Losses
Consistent large operating and gross losses demonstrate the business remains far from breakeven. Over the medium term, persistent negative margins mean continued reliance on external financing, constrain reinvestment in R&D or sales, and increase execution risk for scaling revenue into profit.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained TTM revenue growth (+64.9%) indicates meaningful market traction for its aircraft monitoring solutions. Over 2-6 months this supports scaling potential: higher recurring-license and installation demand can drive operating leverage if management controls fixed costs and converts top-line to improved margins.
Read all positive factors
Star Navigation Systems (SNA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$25.30M
Dividend YieldN/A
Average Volume (3M)248.38K
Price to Earnings (P/E)―
Beta (1Y)1.59
Revenue Growth-22.14%
EPS Growth-15.63%
CountryCA
Employees5
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,686,720,600
10 Day Avg. Volume142,245
30 Day Avg. Volume248,384
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)-2.14
Price to Sales (P/S)172.99
P/FCF Ratio-72.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Star Navigation Systems Business Overview & Revenue Model
Company Description
Star Navigation Systems Group Ltd. is a global provider specializing in the development, distribution, and sale of in-flight safety monitoring systems (ISMS). Among its offerings is STAR-ISMS, an advanced aircraft computing unit that integrates co...
How the Company Makes Money
Star Navigation Systems generates revenue primarily through the sale of its proprietary aircraft monitoring solutions, including hardware installations and software licensing fees. The company collaborates with aviation operators, airlines, and ot...
Star Navigation Systems Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.66K | 74.68K | 127.68K | 58.04K | 25.13K | 108.95K |
| Gross Profit | -183.47K | -57.62K | -1.81M | -1.77M | -852.13K | 55.77K |
| EBITDA | -5.05M | -3.72M | -5.44M | -5.21M | -4.10M | 84.36K |
| Net Income | -5.18M | -3.92M | -5.82M | -4.99M | -4.44M | -2.82M |
Balance Sheet | ||||||
| Total Assets | 634.38K | 545.34K | 984.46K | 2.50M | 1.19M | 1.51M |
| Cash, Cash Equivalents and Short-Term Investments | 161.88K | 0.00 | 152.94K | 1.05M | -966.60K | 276.92K |
| Total Debt | 571.74K | 831.59K | 869.56K | 1.26M | 1.43M | 2.58M |
| Total Liabilities | 4.85M | 6.57M | 4.22M | 3.04M | 3.86M | 4.94M |
| Stockholders Equity | -4.21M | -6.03M | -3.23M | -540.08K | -2.68M | -3.43M |
Cash Flow | ||||||
| Free Cash Flow | -3.64M | -177.28K | -1.59M | -3.07M | -2.48M | -2.10M |
| Operating Cash Flow | -3.64M | -177.28K | -1.59M | -2.95M | -2.47M | -2.08M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -123.75K | -71.05K | -15.75K |
| Financing Cash Flow | 3.79M | -59.60K | 697.86K | 4.12M | 2.19M | 2.34M |
Star Navigation Systems Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | C$586.04M | 43.11 | 14.24% | ― | 15.55% | -0.75% | |
69 Neutral | C$8.01B | 69.55 | 7.24% | ― | 42.91% | 2.84% | |
66 Neutral | C$1.90B | 41.87 | 5.48% | 0.93% | 10.42% | 12.81% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | C$264.96M | -5.34 | -29.13% | ― | 25.32% | 68.42% | |
42 Neutral | C$8.29M | -0.35 | -132.31% | ― | 104.47% | 90.11% | |
40 Underperform | C$25.30M | -3.75 | 77.69% | ― | -22.14% | -15.63% |
* Industrials Sector Average
TSE:SNA
Star Navigation Systems
0.02
<0.01
50.00%
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Star Navigation Systems Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Star Navigation Wipes Out $3.2 Million Debt via Shares-for-Debt Deal
Positive
Apr 7, 2026
Star Navigation Systems Group Ltd. has undertaken a shares‑for‑debt transaction with related parties, issuing 63,318,660 units at $0.05 per unit to eliminate approximately $3.17 million of indebtedness. Each unit comprises one common s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.