ZTEST Electronics (ZTE) AI Stock Analysis

• Market Cap: C$10.71M
• Dividend Yield: N/A
• Average Volume (3M): 112.79K
• Price to Earnings (P/E): 6.3
• Beta (1Y): 0.12
• Revenue Growth: -17.91%
• EPS Growth: -54.21%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.01
• Shares Outstanding: 36,936,703
• 10 Day Avg. Volume: 77,129
• 30 Day Avg. Volume: 112,789
• PEG Ratio: -0.19
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 6.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: C$0.32 ▲(2.90% Upside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is primarily supported by strong financial fundamentals—especially a very low-leverage balance sheet and solid profitability—plus an inexpensive P/E. These positives are tempered by weakening free-cash-flow momentum and mixed technical signals with the stock trading below key short-term moving averages and relatively soft momentum (RSI ~41.6).

Positive Factors

Conservative Balance Sheet

Extremely low leverage and a sizable equity base provide durable financial flexibility. This conservative capital structure reduces refinancing and solvency risk, enabling sustained investment in R&D, network buildouts, or cyclical cushions without pressuring cash flow over the next several quarters.

Negative Factors

Weak Recent Revenue Trend

Material year-over-year revenue decline suggests recurring top-line pressures or lost order momentum. Sustained revenue weakness limits operating leverage benefits, makes margin maintenance harder, and constrains reinvestment capacity, challenging durable growth prospects absent clear recovery catalysts.

ZTEST Electronics Business Overview & Revenue Model

Company Description

ZTEST Electronics Inc., through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards and other electronic equipment in Canada. It serves customers in the medical, power, computer, telecommunica...

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ZTEST Electronics Inc., through its subsidiary, Permatech Electronics Corporation, designs, develops, and assembles printed circuit boards and other electronic equipment in Canada. It serves customers in the medical, power, computer, telecommunica...

How the Company Makes Money

ZTE makes money primarily through the sale of telecommunications equipment, smartphones, and network solutions to businesses, carriers, and governments worldwide. Its revenue streams include contracts with telecom operators for the deployment of 4...

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ZTE makes money primarily through the sale of telecommunications equipment, smartphones, and network solutions to businesses, carriers, and governments worldwide. Its revenue streams include contracts with telecom operators for the deployment of 4...

ZTEST Electronics Financial Statement Overview

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	8.52M	8.32M	9.76M	5.70M	4.42M	4.01M
Gross Profit	3.30M	3.28M	3.92M	1.74M	1.13M	1.23M
EBITDA	1.96M	1.84M	2.60M	492.62K	20.87K	218.97K
Net Income	1.22M	1.09M	1.75M	165.27K	-266.88K	45.76K
Balance Sheet
Total Assets	7.88M	7.20M	7.01M	3.94M	3.08M	3.12M
Cash, Cash Equivalents and Short-Term Investments	4.41M	4.10M	2.78M	232.88K	267.64K	557.01K
Total Debt	68.94K	193.74K	437.12K	839.03K	948.79K	1.16M
Total Liabilities	1.35M	1.39M	2.51M	2.83M	2.20M	2.12M
Stockholders Equity	6.53M	5.81M	4.50M	1.11M	883.16K	1.00M
Cash Flow
Free Cash Flow	985.46K	1.57M	1.75M	93.85K	-202.88K	-57.71K
Operating Cash Flow	1.04M	1.62M	2.43M	93.85K	-195.21K	355.51K
Investing Cash Flow	-55.68K	-52.79K	-687.37K	0.00	-7.67K	-413.22K
Financing Cash Flow	-249.21K	-238.87K	797.37K	-128.61K	-86.49K	394.32K

ZTEST Electronics Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.31
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ZTE, the sentiment is Positive. The current price of 0.31 is above the 20-day moving average (MA) of 0.30, above the 50-day MA of 0.30, and above the 200-day MA of 0.29, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 49.55 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ZTE.

ZTEST Electronics Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZTE	74 Outperform	C$10.71M	6.25	20.37%	―	-17.91%	-54.21%
CLS	72 Outperform	C$47.16B	31.30	44.13%	―	25.34%	109.17%
PNG	62 Neutral	C$2.57B	104.52	11.18%	―	11.77%	45.13%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
EDY	43 Neutral	C$10.85M	-32.58	―	―	26.56%	94.17%
YNV	37 Underperform	C$18.94M	-4.69	-155.37%	―	-21.98%	-32.07%

ZTEST Electronics Corporate Events