ASX:WZR

Stock Analysis Report

Executive Summary

Wisr Limited engages in the lending business in Australia.

Snowflake

Fundamentals

High growth potential with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.8%

WZR

-0.3%

AU Consumer Finance

2.5%

AU Market


1 Year Return

140.4%

WZR

63.5%

AU Consumer Finance

11.1%

AU Market

Return vs Industry: WZR exceeded the Australian Consumer Finance industry which returned 63.5% over the past year.

Return vs Market: WZR exceeded the Australian Market which returned 11.1% over the past year.


Shareholder returns

WZRIndustryMarket
7 Day-3.8%-0.3%2.5%
30 Day-7.4%8.4%0.7%
90 Day-16.7%21.1%1.4%
1 Year140.4%140.4%69.0%63.5%17.5%11.1%
3 Year635.3%635.3%49.8%35.0%37.8%19.4%
5 Yearn/a61.2%25.8%51.7%17.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

5.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate WZR's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate WZR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: WZR is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WZR is overvalued based on its PB Ratio (5.9x) compared to the AU Consumer Finance industry average (1.9x).


Next Steps

Future Growth

How is Wisr forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

61.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WZR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: WZR is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: WZR's loss is forecast to worsen by 0% next year.

Revenue vs Market: WZR's revenue (40.5% per year) is forecast to grow faster than the Australian market (3.6% per year).

High Growth Revenue: WZR's revenue (40.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: WZR's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Wisr performed over the past 5 years?

-0.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WZR is unprofitable, and losses have increased over the past 5 years at a rate of -0.6% per year.

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

Earnings vs Industry: WZR is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (15.9%).


Return on Equity

High ROE: WZR has a negative Return on Equity (-46.09%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: WZR is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: WZR is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Wisr's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: WZR has a low level of unsold assets or inventory.

Debt Coverage by Assets: WZR's debt is covered by short term assets (assets are 9.740970x debt).


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: WZR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if WZR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Financial Institutions Analysis

Asset Level: WZR's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if WZR has a sufficient allowance for bad loans.

Low Risk Liabilities: WZR reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if WZR has an acceptable proportion of non-loan assets held.

Low Risk Deposits: WZR has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if WZR has an appropriate level of bad loans.


Next Steps

Dividend

What is Wisr's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.5%markettop25%5.6%industryaverage3.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if WZR'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 WZR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

What is the CEO of Wisr's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Anthony Nantes 0

3.1yrs

Tenure

AU$768,464

Compensation

Mr. Anthony Nantes has been Chief Executive Officer of DirectMoney Limited since September 29, 2016. Mr. Nantes has a proven track record in technology and business innovation. He served as Chief Operating ...


CEO Compensation Analysis

Compensation vs. Market: Anthony's total compensation ($USD518.81K) is about average for companies of similar size in the Australian market ($USD257.34K).

Compensation vs Earnings: Anthony's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

2.3yrs

Average Tenure

Experienced Management: WZR's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

4.1yrs

Average Tenure

Experienced Board: WZR's board of directors are considered experienced (4.1 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellAU$493,57228 Aug 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares3,482,500
Max PriceAU$0.15
SellAU$190,00022 May 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares1,938,775
Max PriceAU$0.098
BuyAU$190,00022 May 19
Brook Adcock
EntityIndividual
Shares1,938,775
Max PriceAU$0.098
SellAU$198,27522 May 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares1,770,900
Max PriceAU$0.12
BuyAU$817,52022 May 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares12,022,364
Max PriceAU$0.068
BuyAU$1,31208 Apr 19
Brook Adcock
EntityIndividual
Shares32,000
Max PriceAU$0.041
BuyAU$29,11208 Apr 19
Brook Adcock
EntityIndividual
Shares693,176
Max PriceAU$0.042
BuyAU$1,182,47808 Apr 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares17,389,400
Max PriceAU$0.068
SellAU$343,82508 Apr 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares4,531,389
Max PriceAU$0.076
BuyAU$137,43808 Apr 19
Adcock Private Equity Pty Ltd
EntityCompany
Shares2,526,626
Max PriceAU$0.054
BuyAU$10,25503 Apr 19
Macquarie Group, Ltd., Banking & Securities Investments
EntityCompany
Shares128,192
Max PriceAU$0.08
BuyAU$68,27414 Dec 18
Brook Adcock
EntityIndividual
Shares1,421,873
Max PriceAU$0.048
BuyAU$207,23614 Dec 18
Adcock Private Equity Pty Ltd
EntityCompany
Shares4,000,000
Max PriceAU$0.052
BuyAU$247,23814 Dec 18
Adcock Private Equity Pty Ltd
EntityCompany
Shares4,944,784
Max PriceAU$0.05

Ownership Breakdown


Management Team

  • Peter Beaumont

    Chief Risk Officer

    • Tenure: 1.4yrs
    • Compensation: AU$261.31k
  • John Nantes

    Executive Chairman

    • Tenure: 3.2yrs
    • Compensation: AU$101.02k
  • Anthony Nantes

    Chief Executive Officer

    • Tenure: 3.1yrs
    • Compensation: AU$768.46k
  • Dave Russell

    Chief Technology Officer

    • Tenure: 2.3yrs
  • May Ho

    Joint Company Secretary

    • Tenure: 4.3yrs
  • Andrew Goodwin

    Chief Financial Officer

    • Tenure: 2.4yrs
    • Compensation: AU$471.68k
  • Mathew Lu

    Chief Operating Officer

    • Tenure: 1.4yrs
    • Compensation: AU$205.94k
  • James Goodwin

    Chief Marketing Officer

    • Tenure: 0yrs
  • Karen Taylor

    Head of Partnerships

    • Tenure: 0yrs
  • Vanessa Chidrawi

    Company Secretary

    • Tenure: 0.8yrs

Board Members

  • Chris Whitehead (59yo)

    Non-Executive Director

    • Tenure: 4.1yrs
    • Compensation: AU$60.38k
  • Craig Swanger

    Non Executive Director

    • Tenure: 4.3yrs
    • Compensation: AU$60.09k
  • John Nantes

    Executive Chairman

    • Tenure: 3.2yrs
    • Compensation: AU$101.02k

Company Information

Wisr Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wisr Limited
  • Ticker: WZR
  • Exchange: ASX
  • Founded:
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: AU$107.450m
  • Shares outstanding: 826.54m
  • Website: https://www.wisr.com.au

Number of Employees


Location

  • Wisr Limited
  • 58 Pitt Street
  • Suite 33
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WZRASX (Australian Securities Exchange)YesOrdinary SharesAUAUDDec 2013
WZRCHIA (Chi-X Australia)YesOrdinary SharesAUAUDDec 2013

Biography

Wisr Limited engages in the lending business in Australia. It offers personal loans with maturities of three to five years. The company also sells these loans to the institutional and wholesale investors,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 10:32
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.