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TSX · Electrical Equipment & Parts · CAD

Tantalus Systems Holding Inc. (GRID.TO) Stock Analysis

Tantalus Systems Holding Inc. (GRID.TO) is a Electrical Equipment & Parts stock listed on TSX and quoted in Canadian Dollar.

GRID.TO

CA$3.92

+CA$0.17 (+4.53%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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GRID.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$3.72
Previous Close
CA$3.75
Day's Range
3.72–4.04
52-Week Range
2.75–6.64
Volume
275.30K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.34
Valuation
Market Cap
CA$223.31M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
63.17
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
3.74
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.03
Financials (FY)
Revenue (FY)
CA$54.11M+22.12%
Net Income (FY)
−CA$992.00K
Profit marginThe share of revenue left as profit after all costs and taxes.
−1.42%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
56.97M
1-Year Return
+30.23%
Dividend and dates
Earnings Date
November 11, 2026estimated
Avg Volume
156.82K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

GRID.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−16.24%
2025+147.62%
2024+130.49%
2023−18.81%
2022−45.41%
2021 (partial year)−46.38%

As of September 4, 2026.

GRID.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$54.11M−CA$992.00K−1.8%
2024CA$44.31M−CA$2.63M−5.9%
2023CA$42.15M−CA$1.69M−4.0%
2022CA$39.60M−CA$5.20M−13.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$54.11MCA$29.59MCA$502.00K−CA$992.00K−1.8%
2024CA$44.31MCA$24.02M−CA$1.26M−CA$2.63M−5.9%
2023CA$42.15MCA$21.86M−CA$2.29M−CA$1.69M−4.0%
2022CA$39.60MCA$18.90M−CA$5.69M−CA$5.20M−13.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

GRID.TO Valuation vs Electrical Equipment & Parts Median

Median of 55 stocks
MetricGRID.TOElectrical Equipment & Parts medianvs median
P/S ratio3.741.9394% above
Profit margin−1.42%0.00%1.4 pts below

Medians across 55 Electrical Equipment & Parts stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Tantalus Systems Holding Inc. (GRID.TO) is capitalised at CA$223.31M on the latest close. It is classified in the Electrical Equipment & Parts industry, within the Industrials sector.

The most recent close on file for GRID.TO is CA$3.92, dated September 4, 2026. That is +CA$0.17 (+4.53%) against the previous close. The 52-week range on file runs from CA$2.75 to CA$6.64. The latest close sits 42.55% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$54.11M. That is +22.12% against the prior fiscal year, when revenue was CA$44.31M. The same year closed with a net loss of CA$992.00K. The reported profit margin is −1.42%. That is 1.4 percentage points below the Electrical Equipment & Parts median of 0%. Earnings per share on a trailing basis come to −0.03.

Across the 4 fiscal years on file, revenue moves from CA$39.60M in 2022 to CA$54.11M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 63.17. The price-to-sales ratio is 3.74. On price-to-sales that is 94.16% above the Electrical Equipment & Parts median of 1.93. The medians here are taken across 55 Electrical Equipment & Parts companies that report the metric.

The trailing one-year price return is +30.23%. Across 5 years the annualized return works out at +14.52%. The reported beta is 0.34. Annualized volatility over the trailing 5 years is 53.29%.

Growth & Income

The record shows no dividend for GRID.TO.

2026 is still running; the price is −16.24% year to date. The strongest complete calendar year on file is 2025 at +147.62%; the weakest is 2022 at −45.41%. Of the 4 complete calendar years on file, 2 finished higher.

Peer Comparison

Tantalus Systems Holding Inc. (GRID.TO) operates in the Electrical Equipment & Parts industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Tantalus Systems Holding Inc. GRID.TO CA$223.31M
Vertiv Holdings Co VRT CA$108.00B 61.0
Bloom Energy Corporation BE CA$74.48B 304.7
nVent Electric plc NVT CA$25.25B 43.3

The Electrical Equipment & Parts industry average P/E ratio is 39.0x. Tantalus Systems Holding Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Tantalus Systems Holding Inc.

Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices, and Software and Services. The Connected Devices segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures; distributes automation equipment; multi-relay load control switches; and a suite of communications infrastructure devices to deliver an industrial network-of-things/Internet-of-Things (IoT) smart grid, including base stations, repeaters, and collectors. The Software and Services Segment provides software licenses; hosting services; software as a service and other subscriptions; professional services, including project management, deployment, installation, and engineering support; and post-contract technical support and annual software maintenance services, as well as offers software applications AI enabled data analytics and a suite of professional services to support utilities. It provides TRUConnect AMI, a multi-commodity industrial IoT network that includes advanced smart meters and intelligent connected devices; TRUFlex Load+DER Management system, which manages various residential and commercial loads; TRUGrid Automation, a suite of application and analytics tools to identify pinpoint anomalies from data; TRUSync Grid Data Management, a grid data management system that integrates utility data; and TRUSense Gateway solutions. Tantalus Systems Holding Inc. is headquartered in Burnaby, Canada.

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