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Zedcor Inc (ZDC) Fair Value & Analysis

Industrials · CA · Market cap C$591M

ZI Zedcor Inc ZDC · V
PriceC$5.31
Fair ValueC$0.4590
Upside-91.4%
Quality28/100
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Expensive Growth
Thin margins · 2.7% net margin
Moderate debt · negative free cash flow
Trails peers (1/12)
Narrow moat 30/100
Evidence: Medium Range C$0.3400 – C$0.6460 Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated today

Share price +4.9% over the past month.

Below-average quality, and screening another 91% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (C$0.6460). The favourable scenario is already priced in.
  • Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (C$0.3400 to C$0.6460) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

C$6.97 C$0.2400 Fair Value C$0.4590 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range C$0.2400 – C$6.97 · fair‑value band C$0.3400 – C$0.6460 · the C$5.31 price screens above the C$0.4590 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Zedcor Inc (ZDC) currently trades at C$5.31, while our model-based Fair Value estimate is C$0.4590, implying the stock looks roughly 91.4% overvalued today. The Quality Score stands at 28/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Zedcor Inc generated revenue of C$66.8M at a net margin of 2.7%. Revenue grew 69.1% year over year. It earns a return on equity of 2.4%. Net debt stands at C$38.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from C$0.3400 (bear case) to C$0.6460 (bull case); at C$5.31, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 49% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 6% fair-value upside, at -91%, ZDC screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (C$0.1400 to C$2.47). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income C$0.3900 C$0.3800 C$0.3300 76
Growth-Adj P/E C$0.8700 C$1.24 C$1.61 68
P/E Multiple C$0.5100 C$0.6900 C$0.8600 63
All 12 models by family
Earnings-Based
Graham-Dodd C$0.1700 C$1.16 C$1.63 54
Lynch FV C$0.6000 C$0.8600 C$1.11 50
PEG = 1.0 C$0.6000 C$0.8600 C$1.11 46
Multiples
P/E Multiple C$0.5100 C$0.6900 C$0.8600 63
P/S Multiple C$0.3100 C$0.4200 C$0.5200 58
P/B Multiple C$0.3100 C$0.4200 C$0.5200 55
EV/EBIT C$0.3200 C$0.5400 C$0.7600 53
EV/EBITDA C$1.77 C$2.47 C$3.17 54
EV/Revenue C$0.1400 C$0.2800 43
Asset-Based
NCAV (Graham) C$0.2800 C$0.3700 C$0.5600 50
Economic Profit
Residual Income C$0.3900 C$0.3800 C$0.3300 76
Growth Earnings
Growth-Adj P/E C$0.8700 C$1.24 C$1.61 68

Widest divergence: Growth Earnings (C$1.24) versus Asset-Based (C$0.3700). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) C$66.8M
Revenue growth (YoY) +69.1%
Net margin 2.7%
Return on equity 2.4%
Free cash flow −C$48.5M FY2025
P/E ratio 531.0
More key figures
Operating margin 5.4%
EPS (TTM) C$0.0100
EPS growth (YoY) +149%
Net debt C$38.4M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 34 · Market factors (momentum, volatility) 44

Profitability 32
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States.

Full company description

Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. It engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed site security camera installations; and security guard and personnel services. The company serves customers in the commercial, industrial, and residential construction; energy; retail; pipeline construction; utilities; and infrastructure construction sectors. Zedcor Inc. was founded in 2011 and is headquartered in Calgary, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zedcor Inc reported revenue of C$58.9M in FY2025 versus C$13.6M in FY2021, a compound +44.4%/yr. Reported net income was C$2.7M in FY2025.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$58.9M
Latest YoY
+78.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+38.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+33.8%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+50.3%
Revenue +44.4%/yr
FY21 C$13.6M
FY22 C$22.1M
FY23 C$24.9M
FY24 C$33.0M
FY25 C$58.9M
Net income
FY21 −C$3.9M
FY22 C$6.0M
FY23 C$2.7M
FY24 C$1.6M
FY25 C$2.7M
Character of growth · EPS growth decomposed (2012-2023) −11.4 % p.a.
Revenue per share −21.1 pp

of which total revenue −6.9 pp · buybacks/dilution −14.2 pp

EBIT margin +4.2 pp
Tax rate +0.6 pp
Residual (interest, one-offs) +4.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

ZDC screens 91% overvalued. Compare with ASSA ABLOY AB →

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Cite: Fair Value Calculator (2026). "Zedcor Inc Fair Value". https://www.fairvalue-calculator.com/stock/ZDC

Peer Group

Security & Protection Services · 113 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 28 · Bottom 25%
Fair Value upside −92% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 69% · Top 25%
Debt / equity 0.66× · Higher than 75% of peers

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/E (TTM) 531.0× · Pricier than 75% of peers
P/B 6.89× · Pricier than 75% of peers
P/S (TTM) 6.35× · Pricier than 75% of peers
EV/EBITDA 98.0× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 30
FUTURE 100 · sector 38
PAST 10 · sector 19
HEALTH 67 · sector 99
DIVIDEND 0 · sector 49

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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ASSA ABLOY AB ASSAB kr 360.50 kr 269.97 -25%
Verisure plc VSURE €9.33 €12.40 +33%
Allegion plc ALLE $166.11 $127.80 -23%
Securitas AB SECUB kr 147.90 kr 186.34 +26%
Zhejiang Dahua Technology Co 002236 ¥16.46 ¥31.47 +91%
MSA Safety Incorporated MSA $192.04 $116.42 -39%
ADT Inc ADT $7.31 $16.68 +128%
The Brink's Company BCO $113.96 $121.18 +6%
Brady Corporation BRC $95.12 $72.32 -24%
The GEO Group GEO $31.45 $25.50 -19%

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Frequently asked questions

Is Zedcor Inc (ZDC) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of C$0.4590 versus a price of C$5.31, about −91% (overvalued).
What is the fair value of ZDC?
Our model-based fair value for Zedcor Inc is C$0.4590 (as of Aug 13, 2026), built from audited fundamentals. The current price is C$5.31.
What is the quality score of ZDC?
Zedcor Inc has a Quality Score of 28/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Zedcor Inc (ZDC)?
Zedcor Inc reported trailing-twelve-month revenue of about C$66.8M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ZDC?
The net profit margin of Zedcor Inc is about 2.7%, meaning it keeps roughly 2.7% 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.

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