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XTE

XTEKASX:XTE Stock Report

Market Cap

AU$20.8m

7D

-3.7%

1Y

-55.9%

Updated

22 Oct, 2021

Data

Company Financials
XTE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

XTE Overview

XTEK Limited provides homeland security products and services to government agencies, law enforcement, military, space, and commercial sectors in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for XTEK
Historical stock prices
Current Share PriceAU$0.26
52 Week HighAU$0.26
52 Week LowAU$0.68
Beta0.65
1 Month Change-28.77%
3 Month Change-42.22%
1 Year Change-55.93%
3 Year Change-44.68%
5 Year Change-21.21%
Change since IPO-96.18%

Recent News & Updates

Dec 23
What Did XTEK's (ASX:XTE) CEO Take Home Last Year?

What Did XTEK's (ASX:XTE) CEO Take Home Last Year?

This article will reflect on the compensation paid to Philippe Odouard who has served as CEO of XTEK Limited ( ASX:XTE...

Shareholder Returns

XTEAU Aerospace & DefenseAU Market
7D-3.7%-1.4%0.7%
1Y-55.9%-36.9%21.4%

Return vs Industry: XTE underperformed the Australian Aerospace & Defense industry which returned -36.9% over the past year.

Return vs Market: XTE underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is XTE's price volatile compared to industry and market?
XTE volatility
XTE Beta0.65
Industry Beta0.85
Market Beta1

Stable Share Price: XTE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: XTE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aScott Bashamhttps://www.xtek.net

XTEK Limited provides homeland security products and services to government agencies, law enforcement, military, space, and commercial sectors in Australia and internationally. The company offers ballistic armour products comprising soft and hard amour, helmets, shields, carriers, and armour gears; advanced composites, including space satellite and launch systems, carbon products, and lightweight components; and small unmanned aerial systems and ongoing support services. It also provides portable X-ray equipment, demolition remote firing systems, search and detection equipment, hook and line EOD tools, and heavy RPV robots to the department of defense; logistics engineering; and sniper rifle solutions.

XTEK Fundamentals Summary

How do XTEK's earnings and revenue compare to its market cap?
XTE fundamental statistics
Market CapAU$20.76m
Earnings (TTM)-AU$3.97m
Revenue (TTM)AU$28.33m

0.7x

P/S Ratio

-5.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XTE income statement (TTM)
RevenueAU$28.33m
Cost of RevenueAU$20.21m
Gross ProfitAU$8.13m
ExpensesAU$12.10m
Earnings-AU$3.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 28, 2022

Earnings per share (EPS)-0.049
Gross Margin28.69%
Net Profit Margin-14.03%
Debt/Equity Ratio9.1%

How did XTE perform over the long term?

See historical performance and comparison

Valuation

Is XTEK undervalued compared to its fair value and its price relative to the market?

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate XTE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate XTE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: XTE is unprofitable, so we can't compare its PE Ratio to the Global Aerospace & Defense industry average.

PE vs Market: XTE is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XTE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XTE is good value based on its PB Ratio (1x) compared to the AU Aerospace & Defense industry average (1.6x).


Future Growth

How is XTEK forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

42.8%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as XTEK has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has XTEK performed over the past 5 years?

-11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XTE is currently unprofitable.

Growing Profit Margin: XTE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XTE is unprofitable, and losses have increased over the past 5 years at a rate of 11.5% per year.

Accelerating Growth: Unable to compare XTE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XTE is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (22%).


Return on Equity

High ROE: XTE has a negative Return on Equity (-18.57%), as it is currently unprofitable.


Financial Health

How is XTEK's financial position?


Financial Position Analysis

Short Term Liabilities: XTE's short term assets (A$19.0M) exceed its short term liabilities (A$7.4M).

Long Term Liabilities: XTE's short term assets (A$19.0M) exceed its long term liabilities (A$3.6M).


Debt to Equity History and Analysis

Debt Level: XTE's debt to equity ratio (9.1%) is considered satisfactory.

Reducing Debt: XTE's debt to equity ratio has increased from 0.1% to 9.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: XTE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XTE has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 32.3% each year.


Dividend

What is XTEK current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XTE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XTE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XTE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Scott Basham

0.25

Tenure

Mr. Scott Alexander Basham serves as Group Chief Executive Officer of XTEK Limited since 2021 and also served as its Senior Vice President of Tactical & Protection Systems since February 2021 until 2021 an...


Leadership Team

Experienced Management: XTE's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: XTE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Company Information

XTEK Limited's employee growth, exchange listings and data sources


Key Information

  • Name: XTEK Limited
  • Ticker: XTE
  • Exchange: ASX
  • Founded: 1978
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: AU$20.762m
  • Shares outstanding: 81.42m
  • Website: https://www.xtek.net

Location

  • XTEK Limited
  • 3 Faulding Street
  • Symonston
  • Australian Capital Territory
  • 2609
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:06
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.