company background image
SLX

Silex SystemsASX:SLX Stock Report

Market Cap

AU$280.8m

7D

-1.1%

1Y

156.4%

Updated

26 Oct, 2021

Data

Company Financials +
SLX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SLX Overview

Silex Systems Limited engages in the research and development, commercialization, and license of SILEX laser uranium enrichment technology in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Silex Systems
Historical stock prices
Current Share PriceAU$1.41
52 Week HighAU$0.49
52 Week LowAU$1.97
Beta1.64
1 Month Change0.71%
3 Month Change44.62%
1 Year Change156.36%
3 Year Change587.81%
5 Year Change333.85%
Change since IPO171.15%

Recent News & Updates

Shareholder Returns

SLXAU SemiconductorAU Market
7D-1.1%-3.0%0.8%
1Y156.4%76.2%24.4%

Return vs Industry: SLX exceeded the Australian Semiconductor industry which returned 76.2% over the past year.

Return vs Market: SLX exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is SLX's price volatile compared to industry and market?
SLX volatility
SLX Beta1.64
Industry Beta1.47
Market Beta1

Stable Share Price: SLX is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: SLX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
1987n/aMichael Goldsworthyhttps://www.silex.com.au

Silex Systems Limited engages in the research and development, commercialization, and license of SILEX laser uranium enrichment technology in Australia. The company also develops cREO technology for the integration of various compound semiconductor devices with silicon wafer-based production techniques. Silex Systems Limited was incorporated in 1987 and is based in Sydney, Australia.

Silex Systems Fundamentals Summary

How do Silex Systems's earnings and revenue compare to its market cap?
SLX fundamental statistics
Market CapAU$280.76m
Earnings (TTM)-AU$6.93m
Revenue (TTM)AU$3.14m

89.4x

P/S Ratio

-40.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLX income statement (TTM)
RevenueAU$3.14m
Cost of RevenueAU$5.02m
Gross Profit-AU$1.88m
ExpensesAU$5.05m
Earnings-AU$6.93m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.035
Gross Margin-59.87%
Net Profit Margin-220.54%
Debt/Equity Ratio0%

How did SLX perform over the long term?

See historical performance and comparison

Valuation

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

12.72x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SLX is unprofitable, so we can't compare its PE Ratio to the Global Semiconductor industry average.

PE vs Market: SLX 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 SLX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SLX is overvalued based on its PB Ratio (12.7x) compared to the AU Semiconductor industry average (5.9x).


Future Growth

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

42.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SLX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: SLX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: SLX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: SLX's revenue is expected to decline over the next 3 years (-15.1% per year).

High Growth Revenue: SLX's revenue is forecast to decline over the next 3 years (-15.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SLX is forecast to be unprofitable in 3 years.


Past Performance

How has Silex Systems performed over the past 5 years?

4.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SLX is currently unprofitable.

Growing Profit Margin: SLX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SLX is unprofitable, but has reduced losses over the past 5 years at a rate of 4.2% per year.

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

Earnings vs Industry: SLX is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (58%).


Return on Equity

High ROE: SLX has a negative Return on Equity (-31.39%), as it is currently unprofitable.


Financial Health

How is Silex Systems's financial position?


Financial Position Analysis

Short Term Liabilities: SLX's short term assets (A$22.7M) exceed its short term liabilities (A$1.9M).

Long Term Liabilities: SLX's short term assets (A$22.7M) exceed its long term liabilities (A$39.6K).


Debt to Equity History and Analysis

Debt Level: SLX is debt free.

Reducing Debt: SLX has not had any debt for 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: SLX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SLX has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 7.8% each year.


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate SLX'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 SLX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SLX'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 SLX'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?

29.8yrs

Average board tenure


CEO

Michael Goldsworthy (63 yo)

no data

Tenure

AU$493,594

Compensation

Dr. Michael P. Goldsworthy, BSc (Hons), MSc, Ph D., FAIP, GAICD serves as Chairman and Chief Executive Officer at Translucent Inc. Dr. Goldsworthy serves as Chief Executive Officer and Managing Director of...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD370.01K) is below average for companies of similar size in the Australian market ($USD554.70K).

Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: SLX's board of directors are seasoned and experienced ( 29.8 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 15.3%.


Top Shareholders

Company Information

Silex Systems Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Silex Systems Limited
  • Ticker: SLX
  • Exchange: ASX
  • Founded: 1987
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: AU$280.762m
  • Shares outstanding: 199.12m
  • Website: https://www.silex.com.au

Location

  • Silex Systems Limited
  • Building 64
  • Lucas Hts Science & Technology Centre
  • Sydney
  • New South Wales
  • 2234
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:12
End of Day Share Price2021/10/26 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.