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NamSys Inc (CTZ) Fair Value & Analysis

Technology · CA · Market cap C$30.3M

NI NamSys Inc CTZ · V
PriceC$1.23
Fair ValueC$1.59
Upside+29.3%
Quality95/100
Evidence: High Range C$1.05 – C$2.21

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from C$1.70 to C$1.59 (−6.5%) since Jun 23, 2026. Share price +0.8% over the past month.

Price vs Fair Value (12 months)

C$1.50 C$0.9168 Fair Value C$1.59 Jun 2025 Jun 2026

12‑month range C$0.9168 – C$1.50 · fair‑value band C$1.05 – C$2.21 · the C$1.23 price screens below the C$1.59 fair value. As of Jun 24, 2026.

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Analysis

NamSys Inc (CTZ) currently trades at C$1.23, while our model-based Fair Value estimate is C$1.59 — implying the stock looks roughly 29.3% undervalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, NamSys Inc generated revenue of C$8.1M at a net margin of 30.2%. Revenue grew 9.9% year over year. It earns a return on equity of 24.1%. The balance sheet holds a net cash position of C$1.1M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) C$8.1M
Revenue growth (YoY) +9.9%
Net margin 30.2%
Return on equity 24.1%
Free cash flow C$2.2M FY2025
P/E ratio 14.1
More key figures
Operating margin 44.1%
EPS (TTM) C$0.0800
EPS growth (YoY) -23.5%
Net cash C$1.1M FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries in North America. It offers Cirreon Smart Safe, an open cloud-based digital platform for managing networks of smart safes; Cash in Transit Logistics that manages routes, scans barcodes, and captures signatures digitally; and Cash Vault Management for use in credit reconciliation, cash inventory optimization, and store-to-vault customer integration. The company also provides Deposit Tracking for tracking digital deposit data and transmits real-time updates; and Online Change Orders for submitting online change orders and digital change order data tracking. It serves financial institutions, cash-in-transit industry, and smart safe industry. The company was formerly known as Cencotech Inc. and changed its name to NamSys Inc. in November 2016. NamSys Inc. was founded in 1989 and is based in Toronto, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NamSys Inc reported revenue of C$7.9M in FY2025 versus C$5.0M in FY2021, a compound +12.2%/yr. Reported net income was C$2.5M in FY2025, compounding +18.4%/yr from FY2021.

Revenue +12.2%/yr
FY21 C$5.0M
FY22 C$5.4M
FY23 C$6.1M
FY24 C$6.8M
FY25 C$7.9M
Net income +18.4%/yr
FY21 C$1.3M
FY22 C$1.4M
FY23 C$1.6M
FY24 C$2.1M
FY25 C$2.5M

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Frequently asked questions

Is NamSys Inc (CTZ) undervalued?
As of Jun 24, 2026, our model estimates a fair value of C$1.59 versus a price of C$1.23 — about +29% (undervalued). Model-based estimate, not financial advice.
What is the fair value of CTZ?
Our 21-model fair value for NamSys Inc is C$1.59 (as of Jun 24, 2026), built from audited fundamentals. The current price is C$1.23.
What is the quality score of CTZ?
NamSys Inc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NamSys Inc (CTZ)?
NamSys Inc reported trailing-twelve-month revenue of about C$8.1M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CTZ?
The net profit margin of NamSys Inc is about 30.2%, meaning it keeps roughly 30.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.