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WBT

Weebit NanoASX:WBT Stock Report

Last Price

AU$3.02

Market Cap

AU$513.0m

7D

-8.2%

1Y

-11.4%

Updated

26 Jan, 2022

Data

Company Financials +
WBT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WBT Stock Overview

Weebit Nano Limited develops a non-volatile memory using a Resistive RAM (ReRAM) technology based on fabrication factory materials.

Price History & Performance

Summary of all time highs, changes and price drops for Weebit Nano
Historical stock prices
Current Share PriceAU$3.02
52 Week HighAU$4.50
52 Week LowAU$1.56
Beta2.04
1 Month Change7.09%
3 Month Change-11.18%
1 Year Change-11.44%
3 Year Change449.09%
5 Year Change316.55%
Change since IPO202.00%

Recent News & Updates

Oct 05
Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

We can readily understand why investors are attracted to unprofitable companies. Indeed, Weebit Nano ( ASX:WBT ) stock...

Shareholder Returns

WBTAU TechAU Market
7D-8.2%-5.2%-5.4%
1Y-11.4%5.4%2.6%

Return vs Industry: WBT underperformed the Australian Tech industry which returned 5.4% over the past year.

Return vs Market: WBT underperformed the Australian Market which returned 2.6% over the past year.

Price Volatility

Is WBT's price volatile compared to industry and market?
WBT volatility
WBT Average Weekly Movement10.2%
Tech Industry Average Movement5.9%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
2015n/aCoby Hanochhttps://www.weebit-nano.com

Weebit Nano Limited develops a non-volatile memory using a Resistive RAM (ReRAM) technology based on fabrication factory materials. The company has a strategic development partnership with CEA-Leti to enhance the ReRAM technology and support its commercialization efforts. Weebit Nano Limited was incorporated in 2015 and is based in Melbourne, Australia.

Weebit Nano Fundamentals Summary

How do Weebit Nano's earnings and revenue compare to its market cap?
WBT fundamental statistics
Market CapAU$512.98m
Earnings (TTM)-AU$11.26m
Revenue (TTM)n/a

0.0x

P/S Ratio

-45.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WBT income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$11.26m
Earnings-AU$11.26m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Jan 28, 2022

Earnings per share (EPS)-0.066
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did WBT perform over the long term?

See historical performance and comparison

Valuation

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

24.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: WBT is unprofitable, so we can't compare its PE Ratio to the Global Tech industry average.

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


Price to Book Ratio

PB vs Industry: WBT is overvalued based on its PB Ratio (24.2x) compared to the XX Tech industry average (1.8x).


Future Growth

How is Weebit Nano forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

64.0%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if WBT's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if WBT's earnings are forecast to grow faster than the Australian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WBT's revenue (64% per year) is forecast to grow faster than the Australian market (4.6% per year).

High Growth Revenue: WBT's revenue (64% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WBT's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Weebit Nano performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WBT is currently unprofitable.

Growing Profit Margin: WBT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WBT is unprofitable, but has reduced losses over the past 5 years at a rate of 16.6% per year.

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

Earnings vs Industry: WBT is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (26.3%).


Return on Equity

High ROE: WBT has a negative Return on Equity (-53.19%), as it is currently unprofitable.


Financial Health

How is Weebit Nano's financial position?


Financial Position Analysis

Short Term Liabilities: WBT's short term assets (A$22.0M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: WBT's short term assets (A$22.0M) exceed its long term liabilities (A$19.6K).


Debt to Equity History and Analysis

Debt Level: WBT is debt free.

Reducing Debt: WBT has not had any debt for 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: WBT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: WBT has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 21.7% each year.


Dividend

What is Weebit Nano current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

2.8yrs

Average management tenure


CEO

Coby Hanoch

4.25yrs

Tenure

AU$1,680,522

Compensation

Mr. Jacob Hanoch, also known as Coby, has been the Chief Executive Officer, Managing Director and Executive Director of Weebit Nano Limited since October 01, 2017. Mr. Hanoch was the Vice President of Worl...


CEO Compensation Analysis

Compensation vs Market: Coby's total compensation ($USD1.20M) is above average for companies of similar size in the Australian market ($USD765.91K).

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


Leadership Team

Experienced Management: WBT's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: WBT's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WBT insiders have only sold shares 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 41.9%.


Top Shareholders

Company Information

Weebit Nano Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Weebit Nano Limited
  • Ticker: WBT
  • Exchange: ASX
  • Founded: 2015
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: AU$512.976m
  • Shares outstanding: 169.86m
  • Website: https://www.weebit-nano.com

Location

  • Weebit Nano Limited
  • 330 Collins Street
  • Level 7
  • Melbourne
  • Victoria
  • 3000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 07:03
End of Day Share Price2022/01/25 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.