ASX:MOB

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Mobilicom Limited, a hi-tech company, designs, develops, and delivers various communication solutions for mission critical and remote mobile private networks. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

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

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


Market Performance


7 Day Return

0%

MOB

1.0%

AU Communications

-0.3%

AU Market


1 Year Return

-21.8%

MOB

0.8%

AU Communications

-1.6%

AU Market

Return vs Industry: MOB underperformed the Australian Communications industry which returned 0.8% over the past year.

Return vs Market: MOB underperformed the Australian Market which returned -1.6% over the past year.


Shareholder returns

MOBIndustryMarket
7 Day0%1.0%-0.3%
30 Day2.4%2.4%0.5%
90 Day14.7%6.0%10.1%
1 Year-21.8%-21.8%2.6%0.8%1.7%-1.6%
3 Year-5.5%-5.5%12.7%6.8%26.2%10.7%
5 Yearn/a48.2%35.0%68.7%35.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: MOB is unprofitable, so we can't compare its PE Ratio to the XX Communications industry average.

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


Price to Book Ratio

PB vs Industry: MOB is overvalued based on its PB Ratio (6.8x) compared to the XX Communications industry average (2x).


Next Steps

Future Growth

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

18.8%

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 Mobilicom 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 Mobilicom performed over the past 5 years?

-8.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOB is currently unprofitable.

Growing Profit Margin: MOB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOB is unprofitable, and losses have increased over the past 5 years at a rate of 8.3% per year.

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

Earnings vs Industry: MOB is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-1.7%).


Return on Equity

High ROE: MOB has a negative Return on Equity (-105.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Mobilicom's financial position?


Financial Position Analysis

Short Term Liabilities: MOB's short term assets (A$5.0M) exceed its short term liabilities (A$1.4M).

Long Term Liabilities: MOB's short term assets (A$5.0M) exceed its long term liabilities (A$1.3M).


Debt to Equity History and Analysis

Debt Level: MOB is debt free.

Reducing Debt: MOB had no debt 5 years ago.


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

Forecast Cash Runway: MOB has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 22.7% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MOB'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 MOB'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

Oren Elkayam

3.92yrs

Tenure

AU$637,131

Compensation

Mr. Oren Elkayam co-founded Mobilicom Israel in 2005 and serves as its Chief Executive Officer. He has been Chairman and Managing Director of Mobilicom Ltd since February 2, 2017. Mr. Elkayam has worked at...


CEO Compensation Analysis

Compensation vs Market: Oren's total compensation ($USD491.77K) is above average for companies of similar size in the Australian market ($USD294.44K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Oren Elkayam
Co-Founder3.92yrsAU$637.13k14.54%
A$ 3.2m
Yossi Segal
Co-Founder3.75yrsAU$637.13k12.05%
A$ 2.7m
Mark Licciardo
Company Secretary0.83yrAU$69.47k0.039%
A$ 8.6k
Sigal Russo-Gueta
Director of Finance1yrno datano data
Ofer Laufer
Chief Operations Officer0.25yrno datano data
Offer Herman
Vice President of Salesno datano datano data
Pinhas Reich
Vice President of Business Development & Marketing1yrno datano data
Boaz Pick
Vice President of Operations & Productionno datano datano data

1.0yrs

Average Tenure

53yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Oren Elkayam
Co-Founder3.92yrsAU$637.13k14.54%
A$ 3.2m
Yossi Segal
Co-Founder3.75yrsAU$637.13k12.05%
A$ 2.7m
Jonathan Brett
Non-Executive Director2.33yrsAU$69.48k0.58%
A$ 129.0k
Campbell McComb
Non-Executive Director3.92yrsAU$69.48k0.55%
A$ 123.0k

3.8yrs

Average Tenure

Experienced Board: MOB's board of directors are considered experienced (3.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Mobilicom Limited
  • Ticker: MOB
  • Exchange: ASX
  • Founded:
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: AU$22.183m
  • Shares outstanding: 257.94m
  • Website: https://www.mobilicom-ltd.com.au

Location

  • Mobilicom Limited
  • 90 Collins Street
  • Level 7
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOBASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 2017
MOBCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 2017
MILO.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2017

Biography

Mobilicom Limited, a hi-tech company, designs, develops, and delivers various communication solutions for mission critical and remote mobile private networks. The company provides holistic solutions and eq...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 07:09
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.