DEFSEC Technologies Inc.
DEFSEC Technologies Inc. is a Canadian defense technology company that develops and commercializes tactical systems for military, security, public safety, and personal defense markets. Its current product portfolio includes digital battlefield and situational-awareness tools, laser and drone detection countermeasures, and integrated command-and-control solutions designed to share targeting and operational data across devices and weapons platforms. The company also offers less-lethal munitions systems, including the ARWEN platform and PARA SHOT product line, serving law enforcement and other security-focused users. DEFSEC Technologies focuses on software-enabled and hardware-enabled systems that can operate independently or integrate with existing battlefield management and OEM platforms. Headquartered in Ottawa, Canada, DEFSEC Technologies positions itself in the aerospace and defense segment with offerings aimed at modernizing tactical operations and protective response capabilities.
$0.71
-$0.02 (-2.19%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-183.72% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 350.4% YoY with margins expanding 467.7pp.
Negative free cash flow of -C$8M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$8M
▲ +350.4% YoY
Net Income (TTM)
-C$9M
▼ -77.4% YoY
Op. Margin
-122.69%
▲ +467.7pp YoY
ROIC
-138.97%
▲ +324.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-C$8M
▼ -21.4% YoY
Op. Cash Flow (TTM)
-C$8M
▼ -74.6% YoY
Net Debt
-C$5M
Net Cash Position
Cash & Equiv.
C$7M
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Is DEFSEC Technologies (DFSC) overvalued?
DEFSEC Technologies (DFSC)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, DEFSEC Technologies scores 40/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is DEFSEC Technologies a high-quality business?+
DEFSEC Technologies scores 40 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -122.7% operating margin and a -139.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is DEFSEC Technologies a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh DFSC's valuation and scores 40/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.