ASX:SEN

Stock Analysis Report

Executive Summary

Senetas Corporation Limited provides network data security solutions to businesses and governments worldwide.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Risks

  • Senetas is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.8%

ASX:SEN

-0.004%

AU Communications

-1.8%

AU Market


1 Year Return

-24.2%

ASX:SEN

-12.5%

AU Communications

0.2%

AU Market

SEN underperformed the Communications industry which returned -12.5% over the past year.

SEN underperformed the Market in Australia which returned 0.2% over the past year.


Share holder returns

SENIndustryMarket
7 Day-3.8%-0.004%-1.8%
30 Day-8.5%-2.4%-3.5%
90 Day1.4%2.9%-0.4%
1 Year-21.2%-24.2%-11.4%-12.5%5.9%0.2%
3 Year-37.6%-40.0%-54.5%-55.6%31.5%14.4%
5 Year47.2%41.5%56.3%38.3%38.3%7.3%

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

Valuation

Is Senetas undervalued based on future cash flows and its price relative to the stock market?

4.27x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Senetas's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Senetas's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Senetas is loss making, we can't compare its value to the Global Communications industry average.

Senetas is loss making, we can't compare the value of its earnings to the Australia market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Senetas, we can't assess if its growth is good value.


Price Based on Value of Assets

Senetas is overvalued based on assets compared to the AU Communications industry average.


Next Steps

Future Growth

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

19.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Senetas is high growth as no revenue estimate data is available.

Senetas's earnings are expected to grow by 19.2% yearly, however this is not considered high growth (20% yearly).

Unable to compare Senetas's revenue growth to the Australia market average as no estimate data is available.

Senetas's earnings growth is expected to exceed the Australia market average.

Senetas's earnings growth is expected to exceed the low risk savings rate of 2.3%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Senetas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Senetas performed over the past 5 years?

-12.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Senetas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Senetas's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Senetas's 1-year growth to the Global Communications industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Senetas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Senetas has efficiently used its assets last year compared to the Global Communications industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Senetas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Senetas's financial position?


Financial Position Analysis

Senetas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Senetas's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Senetas has no debt.

Senetas has not taken on any debt in the past 5 years.

Senetas has no debt, it does not need to be covered by operating cash flow.

Senetas has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Senetas has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

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

0.61%

Current Dividend Yield


Dividend Yield and Payments Analysis

Senetas's pays a lower dividend yield than the bottom 25% of dividend payers in Australia (2.58%).

Senetas's dividend is below the markets top 25% of dividend payers in Australia (5.88%).

Senetas is not paying a notable dividend for Australia, therefore no need to check if the payments are stable.

Senetas is not paying a notable dividend for Australia, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Senetas's dividends as it is not paying a notable one for Australia.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Senetas's salary, the management and board of directors tenure and is there insider trading?

7.0yrs

Average management tenure


CEO

Andrew Wilson (48yo)

7.0yrs

Tenure

AU$531,598

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

Andrew's remuneration is higher than average for companies of similar size in Australia.

Andrew's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

7.0yrs

Average Tenure

The average tenure for the Senetas management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

6.3yrs

Average Tenure

51yo

Average Age

The tenure for the Senetas board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyAU$65,00028 Mar 19
Francis Galbally
EntityIndividual
Role
Chairman of the Board
Non Executive Chairman
Shares1,000,000
Max PriceAU$0.065

Ownership Breakdown


Management Team

  • Brendan Case

    Company Secretary

    • Tenure: 7.0yrs
  • Andrew Wilson (48yo)

    CEO & Executive Director

    • Tenure: 7.0yrs
    • Compensation: AU$531.60k
  • John Weston

    Chief Solutions Architect

    • Tenure: 0.0yrs
    • Compensation: AU$318.14k
  • Julian Fay

    Chief Technology Officer

    • Tenure: 8.7yrs
    • Compensation: AU$316.51k
  • Gareth Jones

    General Manager of Senetas Europe

    • Tenure: 0.0yrs
    • Compensation: AU$202.40k
  • Barbara McMeekin

    Chief Accountant

    • Tenure: 7.0yrs

Board Members

  • Francis Galbally (66yo)

    Non Executive Chairman

    • Tenure: 6.3yrs
    • Compensation: AU$286.13k
  • Andrew Wilson (48yo)

    CEO & Executive Director

    • Tenure: 7.0yrs
    • Compensation: AU$531.60k
  • Philip Schofield

    Non-Executive Director

    • Tenure: 1.7yrs
    • Compensation: AU$62.29k
  • Dave Hansen (54yo)

    Non-Executive Director

    • Tenure: 4.0yrs
    • Compensation: AU$115.00k
  • Ken Gillespie

    Non-Executive Director

    • Tenure: 6.3yrs
    • Compensation: AU$115.00k
  • Lachie Given (42yo)

    Non-Executive Director

    • Tenure: 6.4yrs
    • Compensation: AU$115.00k

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$84.344m
  • Shares outstanding: 1.08b
  • Website: https://www.senetas.com

Number of Employees


Location

  • Senetas Corporation Limited
  • 312 Kings Way
  • Melbourne
  • Victoria
  • 3205
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SENASX (Australian Securities Exchange)YesOrdinary SharesAUAUDSep 1993
SENCHIA (Chi-X Australia)YesOrdinary SharesAUAUDSep 1993
SNES.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 1993

Biography

Senetas Corporation Limited provides network data security solutions to businesses and governments worldwide. It develops and manufactures layer 2 metro and carrier Ethernet network encryptors. The company ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 10:31
End of Day Share Price2019/08/20 00:00
Earnings2018/12/31
Annual Earnings2018/06/30


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.