ASX:ELS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Elsight Limited develops and commercializes multichannel high-band-width-mobile-secured-datalink technology worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ELS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: ELS's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

13.6%

ELS

2.2%

AU Electronic

-0.3%

AU Market


1 Year Return

19.5%

ELS

35.9%

AU Electronic

-1.6%

AU Market

Return vs Industry: ELS underperformed the Australian Electronic industry which returned 35.9% over the past year.

Return vs Market: ELS exceeded the Australian Market which returned -1.6% over the past year.


Shareholder returns

ELSIndustryMarket
7 Day13.6%2.2%-0.3%
30 Day9.5%8.2%0.5%
90 Day-23.3%10.5%10.1%
1 Year22.3%19.5%39.3%35.9%1.7%-1.6%
3 Year-56.2%-57.2%132.3%115.9%26.2%10.7%
5 Yearn/a210.5%184.1%68.7%35.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

18.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ELS is unprofitable, so we can't compare its PE Ratio to the XO Electronic industry average.

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


Price to Book Ratio

PB vs Industry: ELS is overvalued based on its PB Ratio (18.8x) compared to the AU Electronic industry average (4.2x).


Next Steps

Future Growth

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

25.0%

Forecasted Tech 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 Elsight 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 Elsight performed over the past 5 years?

-27.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELS is currently unprofitable.

Growing Profit Margin: ELS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ELS is unprofitable, and losses have increased over the past 5 years at a rate of 27.7% per year.

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

Earnings vs Industry: ELS is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-0.9%).


Return on Equity

High ROE: ELS has a negative Return on Equity (-168.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Elsight's financial position?


Financial Position Analysis

Short Term Liabilities: ELS's short term assets ($2.6M) exceed its short term liabilities ($999.3K).

Long Term Liabilities: ELS's short term assets ($2.6M) exceed its long term liabilities ($113.6K).


Debt to Equity History and Analysis

Debt Level: ELS's debt to equity ratio (3.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ELS's debt to equity ratio has reduced over the 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: ELS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ELS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.9% each year


Next Steps

Dividend

What is Elsight current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

1.0yrs

Average management tenure


CEO

Yoav Amitai

0.25

Tenure

Mr. Yoav Amitai has been Chief Executive Officer of Elsight Ltd. since October 2020 and served as its Chief Operating Officer since November 2019 until October 2020 and served as its Chief Innovation and P...


Leadership Team

NamePositionTenureCompensationOwnership
Nir Gabay
Founder & Consultant0.25yrno data14.65%
$ 9.0m
Yoav Amitai
Chief Executive Officer0.25yrno datano data
Dan Hilerowitz
Chief Financial Officer1.83yrsno datano data
Mark Licciardo
Company Secretary1.83yrsno datano data

1.0yrs

Average Tenure

Experienced Management: ELS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Peter Marks
Non-Executive Director1yrno datano data
David Furstenberg
Non-Executive Director3.58yrsUS$97.06kno data
Boon Khoo
Member of Advisory Board2.17yrsno datano data
Howard Digby
Non-Executive Directorno dataUS$34.77k1.41%
$ 867.3k
Amikam Shafran
Non-Executive Chairno dataUS$80.54kno data

2.2yrs

Average Tenure

65yo

Average Age

Experienced Board: ELS's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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 26.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Elsight Limited
  • Ticker: ELS
  • Exchange: ASX
  • Founded: 2009
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: AU$61.337m
  • Shares outstanding: 133.34m
  • Website: https://elsight.com

Location

  • Elsight Limited
  • 3 Ariel Sharon Street
  • Or Yehuda
  • 6037606
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELSASX (Australian Securities Exchange)YesOrdinary SharesAUAUDJun 2017
ELSCHIA (Chi-X Australia)YesOrdinary SharesAUAUDJun 2017
ELSL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2017

Biography

Elsight Limited develops and commercializes multichannel high-band-width-mobile-secured-datalink technology worldwide. The company offers Halo, a communication platform; and Multichannel, a platform throug...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 07:07
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.