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NamSys (TSE:CTZ)
:CTZ
Canadian Market
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NamSys (CTZ) AI Stock Analysis

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TSE:CTZ

NamSys

(CTZ)

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Outperform 80 (OpenAI - 5.2)
Rating:80Outperform
Price Target:
C$1.50
▲(29.31% Upside)
Action:Reiterated
Date:06/29/26
The score is driven primarily by strong financial performance (high margins, strong recent revenue growth, solid ROE, and no leverage). Technicals are moderately supportive (price above key moving averages) but tempered by near-overbought stochastic levels. Valuation is reasonable based on a ~13.6 P/E, with no dividend yield data to add support.
Positive Factors
High Profitability
Sustained high gross, operating, and net margins indicate strong earnings power and potential pricing or delivery advantages. This profitability provides resilience against cost pressure and supports internal funding for product development and growth.
Negative Factors
Declining Free Cash Flow Growth
Although cash conversion is currently strong, declining free cash flow growth could constrain reinvestment capacity and reduce the durability of earnings expansion. Continued weakness would make future growth more dependent on operating improvements.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Sustained high gross, operating, and net margins indicate strong earnings power and potential pricing or delivery advantages. This profitability provides resilience against cost pressure and supports internal funding for product development and growth.
Read all positive factors

NamSys (CTZ) vs. iShares MSCI Canada ETF (EWC)

NamSys Business Overview & Revenue Model

Company Description
Toronto, Canada-based NamSys Inc., originally founded in 1997 as Cencotech Inc. before adopting its current name in November 2016, specializes in providing sophisticated software solutions for currency management and processing. Primarily serving ...
How the Company Makes Money
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NamSys Financial Statement Overview

Summary
Strong overall fundamentals: very high profitability (TTM gross margin ~63%, EBIT margin ~41%, net margin ~31%) and very strong TTM revenue growth (~+153%). Balance sheet risk is low with essentially no debt and healthy ROE (low-to-mid 20% range). Offsetting factors are a recent decline in free cash flow growth (despite strong cash conversion) and a step-down in equity/assets in TTM versus the prior annual period that warrants monitoring.
Income Statement
90
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
82
Very Positive
BreakdownTTMJan 2026Jan 2025Jan 2024Jan 2023Jan 2022
Income Statement
Total Revenue8.21M7.89M6.84M6.09M5.39M4.98M
Gross Profit5.16M5.07M4.27M3.65M3.15M2.99M
EBITDA3.40M3.15M2.58M2.11M1.78M1.90M
Net Income2.54M2.49M2.09M1.61M1.39M1.27M
Balance Sheet
Total Assets8.98M11.63M9.24M8.59M6.71M5.46M
Cash, Cash Equivalents and Short-Term Investments7.37M10.18M8.05M7.22M5.51M4.56M
Total Debt0.000.000.000.000.0011.20K
Total Liabilities1.07M846.96K972.83K840.94K659.41K810.27K
Stockholders Equity7.91M10.79M8.26M7.75M6.05M4.65M
Cash Flow
Free Cash Flow2.46M2.19M2.50M1.65M952.71K-1.62M
Operating Cash Flow2.47M2.20M2.51M1.66M962.02K-1.61M
Investing Cash Flow1.99M-2.16M-1.12M-5.15M1.21M2.69M
Financing Cash Flow-4.20M-9.30K-1.69M-103.42K-11.25K-67.50K

NamSys Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.16
Price Trends
50DMA
1.18
Negative
100DMA
1.20
Negative
200DMA
1.17
Negative
Market Momentum
MACD
-0.01
Positive
RSI
45.37
Neutral
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CTZ, the sentiment is Negative. The current price of 1.16 is below the 20-day moving average (MA) of 1.17, below the 50-day MA of 1.18, and below the 200-day MA of 1.17, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.37 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CTZ.

NamSys Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
C$30.61M12.0625.28%12.71%8.75%5.82%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
C$13.88M87.041.92%30.09%42.11%
45
Neutral
C$7.05M-0.80-8232.51%1.68%-8.17%
44
Neutral
C$9.41M-29.87-181.34%-3.65%-192.77%
42
Neutral
C$24.51M-6.0074.69%18.40%36.36%
41
Neutral
C$29.10M-3.01-27.17%258.49%-111.67%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:CTZ
NamSys
1.18
-0.20
-14.31%
TSE:LQWD
LQwD FinTech Corp
0.82
-0.82
-50.00%
TSE:IQ
Airiq Inc
0.48
0.07
16.59%
TSE:RW
Renoworks Software
0.23
-0.32
-58.18%
TSE:VQS
VIQ Solutions
0.13
-0.08
-37.50%
TSE:NTAR
NexTech AR Solutions
0.10
-0.06
-37.50%
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.Date of analysis: Jun 29, 2026