WinstonWınston
Back
Pivotree logo

Pivotree

PVT.V
51
Information Technology Services · Technology
Exchange
Toronto Stock Exchange Ventures
Winston Score
51
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Mixed
Cash Flow
Strong
Stability
Exceptional
Valuation
Mixed

Winston Score History

The full picture

Pivotree is a Canadian technology services company that helps retailers and brands manage complex digital commerce operations. Its core services include building and running e-commerce platforms, managing product data (so online stores show accurate descriptions and images), and handling supply chain software. Its main customers are mid-to-large retailers and consumer goods companies that sell products online.

Pivotree makes money by charging clients ongoing fees for managed services — meaning it runs and maintains their digital systems rather than just building them once. The company operates primarily in North America with some international clients, and it generates roughly tens of millions of dollars in annual revenue. Its competitive edge comes from specializing deeply in commerce and data management rather than trying to do everything, but it faces pressure from larger IT firms and platform vendors who offer similar services in-house. The key growth driver is the continued shift of retail spending online, though winning and keeping large enterprise clients in a competitive market remains the central challenge.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
42.9%
Healthy — 42.9% gross margin
Profit after running costs
Operating Margin
0.8%
Thin — 0.8% operating margin
Return on the money invested
ROCE
3.1%
Weak — 3.1% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-22.7%
Shrinking sales (-22.7% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
416%
Turns 416% of profit into real cash
Spare cash per sale
FCF Margin
10.8%
Modest free cash flow (10.8%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.00
Conservative — low debt load (0.00)
Covers its interest
Interest Cover
24.68x
Comfortably covers interest (24.7x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
18.9x
no trend
Fair value — P/E 18.9

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
-53.6
SLOWING
Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial