ASX:XTE

Stock Analysis Report

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Executive Summary

XTEK Limited provides homeland security products and services to government, defense, and law enforcement agencies worldwide. More Details


Snowflake Analysis

Proven track record with mediocre balance sheet.

Share Price & News

How has XTEK's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XTE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.1%

XTE

-10.6%

AU Aerospace & Defense

-3.9%

AU Market


1 Year Return

-26.8%

XTE

-28.6%

AU Aerospace & Defense

-9.6%

AU Market

Return vs Industry: XTE exceeded the Australian Aerospace & Defense industry which returned -28.6% over the past year.

Return vs Market: XTE underperformed the Australian Market which returned -9.6% over the past year.


Shareholder returns

XTEIndustryMarket
7 Day-5.1%-10.6%-3.9%
30 Day-4.3%-9.5%1.8%
90 Day-28.2%-10.3%1.7%
1 Year-26.8%-26.8%-27.4%-28.6%-6.4%-9.6%
3 Year24.4%24.4%77.7%68.4%12.3%-1.9%
5 Year33.3%33.3%83.1%66.2%40.0%11.3%

Price Volatility Vs. Market

How volatile is XTEK's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

94.96x

Price to Earnings (PE) 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 poor value based on its PE Ratio (95x) compared to the AU Aerospace & Defense industry average (15.7x).

PE vs Market: XTE is poor value based on its PE Ratio (95x) compared to the Australian market (20.5x).


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 (2.1x) compared to the AU Aerospace & Defense industry average (2.2x).


Next Steps

Future Growth

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

17.2%

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.


Next Steps

Past Performance

How has XTEK performed over the past 5 years?

17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XTE has a high level of non-cash earnings.

Growing Profit Margin: XTE's current net profit margins (0.7%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: XTE has become profitable over the past 5 years, growing earnings by 17.1% per year.

Accelerating Growth: XTE's earnings growth over the past year (82.8%) exceeds its 5-year average (17.1% per year).

Earnings vs Industry: XTE earnings growth over the past year (82.8%) exceeded the Aerospace & Defense industry -1.2%.


Return on Equity

High ROE: XTE's Return on Equity (2.1%) is considered low.


Next Steps

Financial Health

How is XTEK's financial position?


Financial Position Analysis

Short Term Liabilities: XTE's short term assets (A$29.1M) exceed its short term liabilities (A$18.8M).

Long Term Liabilities: XTE's short term assets (A$29.1M) exceed its long term liabilities (A$2.1M).


Debt to Equity History and Analysis

Debt Level: XTE's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if XTE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: XTE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if XTE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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?

4.0yrs

Average management tenure


CEO

Philippe Odouard (65 yo)

4yrs

Tenure

AU$653,890

Compensation

Mr. Philippe Marie Odouard, M.Sc. (Bus.), has been the Managing Director of Xtek Limited since October 4, 2016 and has been its Executive Director since August 01, 2016. Mr. Odouard served as General Manag ...


CEO Compensation Analysis

Compensation vs Market: Philippe's total compensation ($USD460.19K) is above average for companies of similar size in the Australian market ($USD274.23K).

Compensation vs Earnings: Philippe's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Philippe Odouard
MD & Executive Director4yrsAU$653.89k1.07%
A$ 423.9k
David Brooking
Chief Financial Officer4.75yrsAU$224.24kno data
Robert Quodling
COO & Executive Director7.58yrsAU$253.68k0.71%
A$ 280.5k
Lawrence Gardiner
Company Secretary16.17yrsAU$177.38k0.055%
A$ 21.6k
Adriano Di Pietro
Chief Technology Officer0.58yrno datano data
David Thompson
Head of Engineering Development - Adelaide Officeno dataAU$103.86kno data
Tibor Fekete
Head of Business Development & SUAS Business Unitno datano datano data
Ahmed Akkawy
Head of Logistics Engineering Business Unitno datano datano data
Michael Bundy
President & CEO of HighCom Armor0.58yrno datano data

4.0yrs

Average Tenure

Experienced Management: XTE's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Philippe Odouard
MD & Executive Director4yrsAU$653.89k1.07%
A$ 423.9k
Robert Quodling
COO & Executive Director7.58yrsAU$253.68k0.71%
A$ 280.5k
Christopher Fullerton
Independent Non-Executive Director2.42yrsAU$65.00k0.20%
A$ 80.3k
Uwe Boettcher
Non-Executive Chairman11.25yrsAU$220.00k8.03%
A$ 3.2m
Ivan Slavich
Independent Non-Executive Director7yrsAU$65.00k1.02%
A$ 404.6k

7.0yrs

Average Tenure

68yo

Average Age

Experienced Board: XTE's board of directors are considered experienced (7 years average tenure).


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 34%.


Top Shareholders

Company Information

XTEK Limited's company bio, 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$39.558m
  • Shares outstanding: 70.64m
  • Website: https://www.xtek.net

Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XTEASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 2005
XTECHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 2005

Biography

XTEK Limited provides homeland security products and services to government, defense, and law enforcement agencies worldwide. The company small arms protective insert plates, helmets, structural/non-struct ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 10:32
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.