Star Navigation Systems Group Ltd (TSE:SNA)
:SNA
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Star Navigation Systems
(SNA)
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Rating:47Neutral
Price Target:
C$0.01
▲(0.00% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily held down by very weak financial performance (large ongoing losses, cash burn, and negative equity). Technical indicators are broadly neutral with slight weakness (small negative MACD and flat moving averages), while recent corporate events are modestly positive (financing and prototype progress) but not enough to offset the financial risk profile.
Positive Factors
Board appointment strengthens renewable-energy expansion
Gugni Gill Panaich's board appointment brings renewable-energy operational experience, government engagement and local networks across African and other emerging markets. This durable governance capability can lower market-entry frictions and accelerate project deployments over months to years.
Negative Factors
Persistent negative shareholders' equity
Balance sheet shows persistent negative shareholders' equity across reported periods, materially increasing financial risk. Negative equity impairs borrowing flexibility, distorts leverage metrics, and limits the company's ability to absorb losses or fund scale without additional dilutive financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Board appointment strengthens renewable-energy expansion
Gugni Gill Panaich's board appointment brings renewable-energy operational experience, government engagement and local networks across African and other emerging markets. This durable governance capability can lower market-entry frictions and accelerate project deployments over months to years.
Read all positive factors
Star Navigation Systems (SNA) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$7.68M
Dividend YieldN/A
Average Volume (3M)248.38K
Price to Earnings (P/E)―
Beta (1Y)1.50
Revenue Growth-45.86%
EPS Growth36.73%
CountryCA
EmployeesN/A
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,535,035,900
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. develops, markets, and sells in-flight safety monitoring systems (ISMS) worldwide. The company provides STAR-ISMS, an aircraft computer that combines in-flight data monitoring, diagnostics, and data analysis with...
Star Navigation Systems Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Sep 2025 | Sep 2023 | Sep 2022 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 60.44K | 74.68K | 127.68K | 58.04K | 25.13K | 108.95K |
| Gross Profit | -295.60K | -57.62K | -1.81M | -1.77M | -852.13K | 55.77K |
| EBITDA | -4.29M | -3.72M | -5.44M | -5.21M | -4.10M | 84.36K |
| Net Income | -4.46M | -3.92M | -5.82M | -4.99M | -4.44M | -2.82M |
Balance Sheet | ||||||
| Total Assets | 771.66K | 545.34K | 984.46K | 2.50M | 1.19M | 1.51M |
| Cash, Cash Equivalents and Short-Term Investments | 327.73K | 0.00 | 152.94K | 1.05M | -966.60K | 276.92K |
| Total Debt | 677.15K | 831.59K | 869.56K | 1.26M | 1.43M | 2.58M |
| Total Liabilities | 7.45M | 6.57M | 4.22M | 3.04M | 3.86M | 4.94M |
| Stockholders Equity | -6.67M | -6.03M | -3.23M | -540.08K | -2.68M | -3.43M |
Cash Flow | ||||||
| Free Cash Flow | -706.22K | -177.28K | -1.59M | -3.07M | -2.48M | -2.10M |
| Operating Cash Flow | -706.22K | -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 | 1.13M | -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 |
|---|---|---|---|---|---|---|---|
74 Outperform | C$442.04M | 21.66 | 14.42% | ― | 15.09% | 31.55% | |
71 Outperform | C$4.15B | 30.51 | 8.88% | ― | 57.77% | 57.55% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | C$1.13B | 26.82 | 5.52% | 0.93% | 8.84% | 131.58% | |
47 Neutral | C$7.68M | -1.62 | 77.69% | ― | -45.86% | 36.73% | |
46 Neutral | C$224.45M | -6.53 | -48.00% | ― | 26.74% | 53.14% | |
46 Neutral | C$5.28M | ― | -215.48% | ― | 166.43% | 75.12% |
* Industrials Sector Average
TSE:SNA
Star Navigation Systems
0.01
0.00
0.00%
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Star Navigation Systems Corporate Events
Business Operations and StrategyExecutive/Board Changes
Star Navigation Adds Renewable-Energy Entrepreneur to Board for Global Expansion
Positive
Mar 10, 2026
Star Navigation Systems has appointed Gugni Gill Panaich, co-founder of Canadian renewable-energy firm GYSK Energy Solutions, to its board of directors as it pushes deeper into the renewable-energy vertical. Her expertise in small-scale power gene...
Business Operations and StrategyProduct-Related Announcements
Star Navigation Advances Renewable-Energy Push With Successful Aquagreen Prototype Test
Positive
Mar 9, 2026
Star Navigation Systems has completed on-site prototype testing of its initial monitoring and diagnostics system on Aquagreen Energy Systems Inc.’s Hydrotor-based generator platforms, confirming technical compatibility and the feasibility of...
Business Operations and StrategyPrivate Placements and Financing
Star Navigation Raises $883,660 to Fuel STAR-A.D.S. Expansion
Positive
Feb 4, 2026
Star Navigation Systems closed a non-brokered private placement of 88.37 million units at $0.01 each, raising $883,660, with attached five-year warrants exercisable at $0.05; proceeds will shore up working capital devoted to expanding development,...
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.