Executive Summary
Senetas Corporation Limited provides network data security solutions to businesses and governments worldwide.
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has Senetas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEN's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
SEN
3.9%
AU Communications
0.3%
AU Market
1 Year Return
-39.4%
SEN
-39.4%
AU Communications
-22.9%
AU Market
Return vs Industry: SEN matched the Australian Communications industry which returned -39.4% over the past year.
Return vs Market: SEN underperformed the Australian Market which returned -22.9% over the past year.
Shareholder returns
| SEN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 3.9% | 0.3% |
| 30 Day | -25.9% | -25.0% | -25.3% |
| 90 Day | -41.2% | -41.4% | -29.9% |
| 1 Year | -39.0%-39.4% | -39.2%-39.4% | -19.4%-22.9% |
| 3 Year | -54.9%-57.0% | 4.5%-0.7% | -8.3%-20.8% |
| 5 Year | -58.1%-60.0% | 12.9%2.3% | 2.9%-20.3% |
Price Volatility Vs. Market
How volatile is Senetas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Are Senetas Corporation Limited’s (ASX:SEN) High Returns Really That Great?4 months ago | Simply Wall St
Our Take On Senetas Corporation Limited's (ASX:SEN) CEO Salary4 months ago | Simply Wall St
Can We See Significant Insider Ownership On The Senetas Corporation Limited (ASX:SEN) Share Register?Valuation
Is Senetas undervalued compared to its fair value and its price relative to the market?
39.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SEN (A$0.04) is trading below our estimate of fair value (A$0.07)
Significantly Below Fair Value: SEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SEN is poor value based on its PE Ratio (1739.1x) compared to the Communications industry average (26.1x).
PE vs Market: SEN is poor value based on its PE Ratio (1739.1x) compared to the Australian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SEN is good value based on its PB Ratio (2.3x) compared to the AU Communications industry average (2.3x).
Next Steps
Future Growth
How is Senetas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.2%
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 Senetas 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
- Examine whether Senetas is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Senetas competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Senetas performed over the past 5 years?
-39.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEN has high quality earnings.
Growing Profit Margin: SEN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SEN's earnings have declined by -39.8% per year over the past 5 years.
Accelerating Growth: SEN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SEN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (1.3%).
Return on Equity
High ROE: SEN's Return on Equity (-1.6%) is considered low.
Next Steps
Financial Health
How is Senetas's financial position?
Financial Position Analysis
Short Term Liabilities: SEN's short term assets (A$21.6M) exceed its short term liabilities (A$10.4M).
Long Term Liabilities: SEN's short term assets (A$21.6M) exceed its long term liabilities (A$6.2M).
Debt to Equity History and Analysis
Debt Level: SEN is debt free.
Reducing Debt: SEN has not had any debt for past 5 years.
Debt Coverage: SEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SEN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: SEN has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if SEN's debt is covered by short term assets.
Next Steps
Dividend
What is Senetas's current dividend yield, its reliability and sustainability?
1.15%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SEN's dividend (1.15%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (3.35%).
High Dividend: SEN's dividend (1.15%) is low compared to the top 25% of dividend payers in the Australian market (8.5%).
Stability and Growth of Payments
Stable Dividend: SEN is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: SEN is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SEN is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEN'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?
7.6yrs
Average management tenure
CEO
Andrew Wilson (48yo)
7.58s
Tenure
AU$492,617
Compensation
Mr. Andrew R. Wilson, BEcon, CA, ACIS, has been the Chief Executive Officer at Senetas Corp. Ltd. since August 15, 2012 and served as its Acting Chief Executive Officer from August 2012 to August 15, 2012 ...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD302.14K) is about average for companies of similar size in the Australian market ($USD245.34K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.58yrs | AU$492.62k | 0.10% A$45.0k | |
| Chief Technology Officer | 9.25yrs | AU$304.22k | 0.041% A$17.7k | |
| Chief Solutions Architect | no data | AU$303.67k | 0.18% A$79.8k | |
| Chief Accountant | 7.58yrs | no data | no data | |
| Company Secretary | 7.58yrs | no data | no data | |
| General Manager of Senetas Europe | no data | AU$202.40k | no data |
7.6yrs
Average Tenure
Experienced Management: SEN's management team is seasoned and experienced (7.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.58yrs | AU$492.62k | 0.10% A$45.0k | |
| Non Executive Chairman | 6.92yrs | AU$288.57k | 13.03% A$5.6m | |
| Non-Executive Director | 2.25yrs | AU$115.00k | 0.0040% A$1.7k | |
| Non-Executive Director | 4.58yrs | AU$115.00k | no data | |
| Non-Executive Director | 6.92yrs | AU$115.00k | no data | |
| Non-Executive Director | 7yrs | AU$115.00k | no data |
6.9yrs
Average Tenure
51yo
Average Age
Experienced Board: SEN's board of directors are considered experienced (6.9 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.
Top Shareholders
Company Information
Senetas Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Senetas Corporation Limited
- Ticker: SEN
- Exchange: ASX
- Founded: 1999
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: AU$43.282m
- Shares outstanding: 1.08b
- Website: https://www.senetas.com
Number of Employees
Location
- Senetas Corporation Limited
- 312 Kings Way
- South Melbourne
- Victoria
- 3205
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SEN | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Sep 1993 |
| SEN | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Sep 1993 |
| SNES.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 1993 |
Biography
Senetas Corporation Limited provides network data security solutions to businesses and governments worldwide. The company’s products include CN series hardware and CV series virtualized network encryptors, Votiro content disarm and reconstruction, SureDrop secure file sharing, and CM7 network encryption management. It also offers support and maintenance services. The company’s products are used in cloud services and networks, data center interconnects, big data protection, branch office locations, SCADA and industrial control networks, and CCTV networks applications. It serves commercial, defense, energy and utilities, financial, gaming, government, and healthcare sectors. Senetas Corporation Limited was founded in 1999 and is headquartered in South Melbourne, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 10:34 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.