Zedcor Energy Inc (TSE:ZDC)
:ZDC
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Zedcor Energy Inc
(ZDC)
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Rating:55Neutral
Price Target:
C$5.00
▲(2.67% Upside)
Action:ReiteratedDate:12/11/25
Zedcor Energy Inc's overall stock score is primarily influenced by its strong financial performance, characterized by revenue growth and operational efficiency. However, the high P/E ratio suggests overvaluation, and technical indicators point to neutral to bearish sentiment. The absence of earnings call data and corporate events limits further insights.
Positive Factors
Revenue Growth
Sustained revenue growth of 15.4% TTM indicates expanding market traction and recurring demand for rental and services. Over 2-6 months this supports scaling of fixed-cost leverage, deeper client relationships, and a larger base to convert into long-term profitable projects.
Negative Factors
Negative Free Cash Flow
Persistently negative free cash flow despite positive operating cash flow signals heavy capex or working capital drawdown. Over the medium term this can constrain self-funded expansion, force external financing, and reduce strategic optionality for equipment-heavy service offerings.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained revenue growth of 15.4% TTM indicates expanding market traction and recurring demand for rental and services. Over 2-6 months this supports scaling of fixed-cost leverage, deeper client relationships, and a larger base to convert into long-term profitable projects.
Read all positive factors
Zedcor Energy Inc (ZDC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$533.56M
Dividend YieldN/A
Average Volume (3M)472.99K
Price to Earnings (P/E)1049.1
Beta (1Y)0.45
Revenue Growth80.50%
EPS Growth558.33%
CountryCA
Employees130
SectorGeneral
Sector StrengthN/A
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)0.00
Shares Outstanding110,927,730
10 Day Avg. Volume763,235
30 Day Avg. Volume472,993
Financial Highlights & Ratios
PEG Ratio-3.82
Price to Book (P/B)9.53
Price to Sales (P/S)9.24
P/FCF Ratio-29.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.50Price Target Upside74.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.05
Revenue Forecast (FY)C$107.11M
Zedcor Energy Inc Business Overview & Revenue Model
Company Description
Zedcor Inc. provides technology-based security and surveillance services in Western and Central Canada. The company engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; live and verified ...
How the Company Makes Money
Zedcor Energy Inc generates revenue primarily through its diverse service offerings and rental agreements within the energy sector. The company earns money by leasing out specialized equipment, including drilling rigs, modular units, and other ess...
Zedcor Energy Inc Earnings Call Summary
Earnings Call Date:Nov 14, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Apr 09, 2026
Earnings Call Sentiment Positive
The earnings call highlighted significant revenue and growth achievements, strong adjusted EBITDA, and successful market expansion, particularly in the U.S. Key strategic hires and operational efficiencies further contribute to a positive outlook. However, challenges remain in terms of SG&A expenses, production capacity, and pricing discrepancies.Positive Updates
Record Revenue and Growth
Record revenues of $9.2 million for Q3 2024, exceeding the previous high by $1.8 million and increasing 42% year-over-year.
Negative Updates
SG&A Expenses
SG&A expected to increase slightly, driven by stock compensation and back-office functions.
Read all updates
Q3-2024 Updates
Positive
Negative
Record Revenue and Growth
Record revenues of $9.2 million for Q3 2024, exceeding the previous high by $1.8 million and increasing 42% year-over-year.
Read all positive updates
Company Guidance
During the recent earnings call for Zedcor Inc., the company reported record revenues of $9.2 million for Q3 2024, marking a 42% increase year-over-year and surpassing the previous quarter by $1.8 million. The adjusted EBITDA also reached a record high of $3.4 million, representing a 49% increase year-over-year, with EBITDA margins exceeding 37%. The company highlighted that recurring revenue accounted for over 80% of total revenue, and fleet utilization remained above 90%. The fleet expanded with the addition of 148 security towers, bringing the total to 1,296, with 25% of the fleet stationed in the U.S. The company noted that the tower production count grew by approximately 10% during the quarter. Additionally, Zedcor anticipates strong results for Q4 2024 as it continues to expand in the retail and residential construction segments, supported by ongoing negotiations to expand its credit facilities. Cash flow from operations was robust, with adjusted operating cash flow increasing by 54% year-over-year to $3.1 million.Zedcor Energy Inc Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
65
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.37M | 32.99M | 24.89M | 22.10M | 13.55M | 13.76M |
| Gross Profit | 32.76M | 19.34M | 12.39M | 10.77M | 6.17M | 4.43M |
| EBITDA | 14.53M | 10.69M | 9.05M | 8.41M | 3.83M | 3.51M |
| Net Income | 1.59M | 1.63M | 2.65M | 6.00M | -3.90M | -4.68M |
Balance Sheet | ||||||
| Total Assets | 106.11M | 67.45M | 42.97M | 32.58M | 19.80M | 32.49M |
| Cash, Cash Equivalents and Short-Term Investments | 1.50M | 5.76M | 1.47M | 571.00K | 108.00K | 761.00K |
| Total Debt | 33.40M | 28.33M | 27.61M | 20.68M | 17.02M | 26.88M |
| Total Liabilities | 46.98M | 35.46M | 30.86M | 24.09M | 19.40M | 28.47M |
| Stockholders Equity | 59.13M | 31.99M | 12.12M | 8.49M | 398.00K | 4.02M |
Cash Flow | ||||||
| Free Cash Flow | -35.85M | -10.37M | -3.58M | -2.80M | -1.22M | 939.00K |
| Operating Cash Flow | 14.85M | 11.02M | 9.89M | 6.19M | 4.54M | 2.72M |
| Investing Cash Flow | -47.53M | -20.53M | -13.45M | -8.61M | 6.58M | 841.00K |
| Financing Cash Flow | 28.76M | 13.80M | 4.47M | 2.88M | -11.77M | -2.97M |
Zedcor Energy Inc Technical Analysis
Negative
4.87
Price Trends
5.69
Negative
5.81
Negative
5.24
Negative
Market Momentum
-0.25
Positive
39.28
Neutral
20.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ZDC, the sentiment is Negative. The current price of 4.87 is below the 20-day moving average (MA) of 5.27, below the 50-day MA of 5.69, and below the 200-day MA of 5.24, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 20.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ZDC.
Zedcor Energy Inc Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$781.22M | 7.49 | 12.57% | 2.57% | 15.58% | 47.55% | |
71 Outperform | C$646.17M | 12.37 | 3.06% | ― | -8.13% | -28.00% | |
62 Neutral | C$286.00M | 22.63 | 3.44% | 6.19% | -8.58% | -98.92% | |
56 Neutral | C$619.05M | -12.07 | -2.94% | ― | -2.47% | -246.73% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | C$533.56M | 1,049.06 | 3.11% | ― | 80.50% | 558.33% | |
48 Neutral | C$528.14M | 16.74 | 7.88% | 2.56% | 8.24% | -36.88% |
* General Sector Average
TSE:ZDC
Zedcor Energy Inc
4.81
1.81
60.33%
TSE:NOA
North American Construction Group
18.52
-4.31
-18.86%
TSE:CFW
Calfrac Well Services
6.47
2.71
71.94%
TSE:ESI
Ensign Energy Services
3.36
1.00
42.37%
TSE:PRQ
Petrus Resources
1.95
0.71
57.13%
TSE:TOT
Total Energy Services
21.44
11.52
116.17%
Zedcor Energy Inc Corporate Events
Business Operations and Strategy
Zedcor Doubles Mobile Security Fleet and Boosts U.S. Capacity to Sustain 2026 Growth
Positive
Jan 7, 2026
Zedcor reported a 108% year-over-year increase in its MobileyeZ tower fleet to 2,783 units by the end of 2025, evenly split between Canada and the United States, and has ramped up weekly production capacity to 50 towers, supported by a new, larger...
Business Operations and Strategy
Zedcor Inc. Grants 138,500 Restricted Share Units to Employees
Positive
Nov 15, 2025
Zedcor Inc. announced the grant of 138,500 Restricted Share Units (RSUs) to its employees under the company’s RSU/DSU plan, with these units set to vest over three years. This move is part of Zedcor’s strategy to enhance employee engag...
Business Operations and StrategyFinancial Disclosures
Zedcor Energy Inc. Achieves Record Q3 2025 Financial Results with Strong U.S. Expansion
Positive
Nov 13, 2025
Zedcor Energy Inc. reported record financial results for the third quarter of 2025, with revenue reaching $16.0 million and Adjusted EBITDA at $5.7 million, marking significant year-over-year growth. The company’s strategic expansion in the ...
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.