WBT Stock Overview
Weebit Nano Limited develops a non-volatile memory using a Resistive RAM (ReRAM) technology based on fabrication factory materials.
Weebit Nano Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$2.77|
|52 Week High||AU$4.50|
|52 Week Low||AU$1.92|
|1 Month Change||-2.81%|
|3 Month Change||4.92%|
|1 Year Change||9.92%|
|3 Year Change||575.61%|
|5 Year Change||483.16%|
|Change since IPO||177.00%|
Recent News & Updates
Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
|WBT||AU Tech||AU Market|
Return vs Industry: WBT matched the Australian Tech industry which returned 10% over the past year.
Return vs Market: WBT exceeded the Australian Market which returned -4.9% over the past year.
|WBT Average Weekly Movement||9.7%|
|Tech Industry Average Movement||5.5%|
|Market Average Movement||10.5%|
|10% most volatile stocks in AU Market||17.8%|
|10% least volatile stocks in AU Market||4.6%|
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
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
|WBT fundamental statistics|
Is WBT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WBT income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.15|
|Net Profit Margin||0.00%|
How did WBT perform over the long term?See historical performance and comparison
Is WBT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WBT?
Other financial metrics that can be useful for relative valuation.
|What is WBT's n/a Ratio?|
Price to Book Ratio vs Peers
How does WBT's PB Ratio compare to its peers?
|WBT PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
BDT BirdDog Technology
AD8 Audinate Group
WBT Weebit Nano
Price-To-Book vs Peers: WBT is expensive based on its Price-To-Book Ratio (10.5x) compared to the peer average (3.6x).
Price to Earnings Ratio vs Industry
How does WBT's PE Ratio compare vs other companies in the Global Tech Industry?
Price-To-Book vs Industry: WBT is expensive based on its Price-To-Book Ratio (10.5x) compared to the Global Tech industry average (1.5x)
Price to Book Ratio vs Fair Ratio
What is WBT's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||10.5x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate WBT's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of WBT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate WBT's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate WBT's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Weebit Nano forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 (1.8%).
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 WBT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WBT's revenue (59.1% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: WBT's revenue (59.1% 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
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How has Weebit Nano performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
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 4.9% 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 (17.4%).
Return on Equity
High ROE: WBT has a negative Return on Equity (-55.93%), as it is currently unprofitable.
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How is Weebit Nano's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: WBT's short term assets (A$50.0M) exceed its short term liabilities (A$5.0M).
Long Term Liabilities: WBT's short term assets (A$50.0M) exceed its long term liabilities (A$310.7K).
Debt to Equity History and Analysis
Debt Level: WBT is debt free.
Reducing Debt: WBT has not had any debt for past 5 years.
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 years if free cash flow continues to reduce at historical rates of 28.8% each year.
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What is Weebit Nano current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as WBT has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 ($USD1.17M) is above average for companies of similar size in the Australian market ($USD833.49K).
Compensation vs Earnings: Coby's compensation has increased whilst the company is unprofitable.
Experienced Management: WBT's management team is considered experienced (2.1 years average tenure).
Experienced Board: WBT's board of directors are considered experienced (4.7 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.9%.
Weebit Nano Limited's employee growth, exchange listings and data sources
- Name: Weebit Nano Limited
- Ticker: WBT
- Exchange: ASX
- Founded: 2015
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: AU$475.559m
- Shares outstanding: 172.30m
- Website: https://www.weebit-nano.com
- Weebit Nano Limited
- 330 Collins Street
- Level 7
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/19 00:00|
|End of Day Share Price||2022/08/19 00:00|
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.