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NOR

Norwood SystemsASX:NOR Stock Report

Market Cap

AU$4.5m

7D

17.6%

1Y

-41.2%

Updated

19 Oct, 2021

Data

Company Financials
NOR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

NOR Overview

Norwood Systems Limited provides voice, messaging, data, and cyber security services to consumers, enterprises, and carriers worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Norwood Systems
Historical stock prices
Current Share PriceAU$0.02
52 Week HighAU$0.014
52 Week LowAU$0.037
Beta2.81
1 Month Change17.65%
3 Month Change11.11%
1 Year Change-41.18%
3 Year Change-60.00%
5 Year Change-90.00%
Change since IPO-93.55%

Recent News & Updates

Shareholder Returns

NORAU SoftwareAU Market
7D17.6%4.1%1.7%
1Y-41.2%23.3%20.3%

Return vs Industry: NOR underperformed the Australian Software industry which returned 23.3% over the past year.

Return vs Market: NOR underperformed the Australian Market which returned 20.3% over the past year.

Price Volatility

Is NOR's price volatile compared to industry and market?
NOR volatility
NOR Beta2.81
Industry Beta0.85
Market Beta1

Stable Share Price: NOR is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: NOR's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2011n/aPaul Ostergaardhttps://www.norwoodsystems.com

Norwood Systems Limited provides voice, messaging, data, and cyber security services to consumers, enterprises, and carriers worldwide. The company offers enterprise solutions, including mobile cost management that enable bring your own device platform to realize telecommunication capabilities; CRM Auto-Capture provides data on all business-related calls and texts instantly; and compliance management that assists organizational communications in archival of where sharing organizational information, as well as enables metadata and deep data collection on communication events through Corona Cloud platform. It also provides SecondLine, an app to separate personal and business personas; World Phone, a virtual phone app; World Message, an app for messaging; World Wi-Fi, an app to find Wi-Fi hotspots; World Secure, a Wi-Fi Cyber-security app; and World Voicemail, a visual voicemail app.

Norwood Systems Fundamentals Summary

How do Norwood Systems's earnings and revenue compare to its market cap?
NOR fundamental statistics
Market CapAU$4.49m
Earnings (TTM)-AU$870.66k
Revenue (TTM)AU$1.05m

5.0x

P/S Ratio

-6.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NOR income statement (TTM)
RevenueAU$1.05m
Cost of RevenueAU$1.90m
Gross Profit-AU$848.50k
ExpensesAU$22.16k
Earnings-AU$870.66k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0033
Gross Margin-80.75%
Net Profit Margin-82.85%
Debt/Equity Ratio-42.8%

How did NOR perform over the long term?

See historical performance and comparison

Valuation

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


In this section, we usually try to help investors determine whether Norwood Systems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Norwood Systems has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

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

41.1%

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 Norwood Systems 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 Norwood Systems performed over the past 5 years?

47.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NOR is currently unprofitable.

Growing Profit Margin: NOR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NOR is unprofitable, but has reduced losses over the past 5 years at a rate of 47.8% per year.

Accelerating Growth: Unable to compare NOR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NOR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: NOR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Norwood Systems's financial position?


Financial Position Analysis

Short Term Liabilities: NOR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NOR 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: NOR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NOR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: NOR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NOR has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.6% each year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NOR'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 NOR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NOR'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 NOR'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?

6.3yrs

Average board tenure


CEO

Paul Ostergaard

no data

Tenure

AU$293,531

Compensation

Mr. Paul Ostergaard, B.Eng, MBA, Co-Founded Norwood Systems Limited in 2011 and serves as its Chief Executive Officer and Chairman. Mr. Ostergaard has been Managing Director of Norwood Systems Limited sinc...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD217.54K) is about average for companies of similar size in the Australian market ($USD301.95K).

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


Board Members

Experienced Board: NOR's board of directors are considered experienced (6.3 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 6.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Norwood Systems Limited
  • Ticker: NOR
  • Exchange: ASX
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$4.491m
  • Shares outstanding: 264.20m
  • Website: https://www.norwoodsystems.com

Location

  • Norwood Systems Limited
  • 4 Leura Street
  • Nedlands
  • Western Australia
  • 6009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 07:03
End of Day Share Price2021/10/19 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.