Etherstack plc engages in the design, development, and deployment of wireless communications software and products for use in transceivers in the United Kingdom, North America, Australia, New Zealand, Japan, and internationally. More Details
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Etherstack's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ESK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ESK exceeded the Australian Software industry which returned 8.3% over the past year.
Return vs Market: ESK exceeded the Australian Market which returned -11.6% over the past year.
Price Volatility Vs. Market
How volatile is Etherstack's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StShareholders Are Thrilled That The Etherstack (ASX:ESK) Share Price Increased 167%
2 months ago | Simply Wall StA Quick Analysis On Etherstack's (ASX:ESK) CEO Salary
7 months ago | Simply Wall StHere's What We Think About Etherstack plc's (ASX:ESK) CEO Pay
Is Etherstack undervalued compared to its fair value and its price relative to the market?
Share Price vs. Fair Value
Below Fair Value: ESK (A$0.65) is trading above our estimate of fair value (A$0.14)
Significantly Below Fair Value: ESK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ESK is unprofitable, so we can't compare its PE Ratio to the AU Software industry average.
PE vs Market: ESK 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 ESK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ESK has negative assets, so we can't compare its PB Ratio to the AU Software industry average.
How is Etherstack forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software 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 Etherstack 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.
- Take a look at our analysis of ESK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Etherstack competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Etherstack performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESK is currently unprofitable.
Growing Profit Margin: ESK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ESK is unprofitable, but has reduced losses over the past 5 years at a rate of 43.2% per year.
Accelerating Growth: Unable to compare ESK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ESK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).
Return on Equity
High ROE: ESK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Etherstack's financial position?
Financial Position Analysis
Short Term Liabilities: ESK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ESK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ESK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ESK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable ESK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ESK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.4% per year.
What is Etherstack current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ESK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ESK'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 ESK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESK'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 ESK's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. David Deacon founded Auria Wireless Pty Ltd and serves as its Chief Executive Officer. Mr. Deacon founded Etherstack plc in 2006 and has been its Chief Executive Officer since 2006. He guides growth an ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD261.98K) is about average for companies of similar size in the Australian market ($USD278.79K).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|Company Secretary & Non Executive Director||8.58yrs||US$45.19k||5.66% |
|Non-Executive Chairman||8.33yrs||US$33.18k||17.26% |
|Independent Non-Executive Director||8.33yrs||US$34.26k||0.068% |
Experienced Board: ESK's board of directors are considered experienced (8.5 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.
Etherstack plc's company bio, employee growth, exchange listings and data sources
- Name: Etherstack plc
- Ticker: ESK
- Exchange: ASX
- Founded: 2012
- Industry: Application Software
- Sector: Software
- Market Cap: AU$78.623m
- Shares outstanding: 120.96m
- Website: https://www.etherstack.com
Number of Employees
- Etherstack plc
- 28 Poland Street
- 1st Floor
- W1F 8QN
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ESK||ASX (Australian Securities Exchange)||Yes||CDI NPV||AU||AUD||Sep 2012|
Etherstack plc engages in the design, development, and deployment of wireless communications software and products for use in transceivers in the United Kingdom, North America, Australia, New Zealand, Japa ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/21 19:14|
|End of Day Share Price||2020/09/21 00:00|
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.