Westport Fuel Systems Inc. engineers, manufactures, and supplies alternative fuel systems and components for use in transportation applications worldwide. More Details
Reasonable growth potential with mediocre balance sheet.
Share Price & News
How has Westport Fuel Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WPRT is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: WPRT's weekly volatility (10%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: WPRT exceeded the Canadian Machinery industry which returned 74.8% over the past year.
Return vs Market: WPRT exceeded the Canadian Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Westport Fuel Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StThere Are Some Reasons To Suggest That Westport Fuel Systems' (TSE:WPRT) Earnings A Poor Reflection Of Profitability
5 months ago | Simply Wall StShareholders Are Raving About How The Westport Fuel Systems (TSE:WPRT) Share Price Increased 343%
6 months ago | Simply Wall StHere's Why Westport Fuel Systems (TSE:WPRT) Can Afford Some Debt
Is Westport Fuel Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WPRT (CA$5.08) is trading below our estimate of fair value (CA$31.48)
Significantly Below Fair Value: WPRT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WPRT is poor value based on its PE Ratio (119.1x) compared to the Canadian Machinery industry average (39.7x).
PE vs Market: WPRT is poor value based on its PE Ratio (119.1x) compared to the Canadian market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: WPRT is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: WPRT is overvalued based on its PB Ratio (5.3x) compared to the CA Machinery industry average (3.8x).
How is Westport Fuel Systems forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WPRT's forecast earnings growth (53.3% per year) is above the savings rate (1.5%).
Earnings vs Market: WPRT's earnings (53.3% per year) are forecast to grow faster than the Canadian market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WPRT's revenue (15.9% per year) is forecast to grow faster than the Canadian market (5.5% per year).
High Growth Revenue: WPRT's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WPRT's Return on Equity is forecast to be high in 3 years time
How has Westport Fuel Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WPRT has a high level of non-cash earnings.
Growing Profit Margin: WPRT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WPRT has become profitable over the past 5 years, growing earnings by 47.1% per year.
Accelerating Growth: WPRT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WPRT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (5.6%).
Return on Equity
High ROE: WPRT's Return on Equity (4.2%) is considered low.
How is Westport Fuel Systems's financial position?
Financial Position Analysis
Short Term Liabilities: WPRT's short term assets ($214.6M) exceed its short term liabilities ($129.3M).
Long Term Liabilities: WPRT's short term assets ($214.6M) exceed its long term liabilities ($89.8M).
Debt to Equity History and Analysis
Debt Level: WPRT's debt to equity ratio (52.6%) is considered high.
Reducing Debt: WPRT's debt to equity ratio has reduced from 130.2% to 52.6% over the past 5 years.
Debt Coverage: WPRT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WPRT's interest payments on its debt are well covered by EBIT.
What is Westport Fuel Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WPRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WPRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WPRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WPRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WPRT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Johnson (54 yo)
Mr. David M. Johnson has been the Chief Executive Officer & Director at Westport Fuel Systems Inc. since January 15, 2019. Mr. Johnson joined Westport Fuel Systems having served for ten years as President ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD945.74K) is about average for companies of similar size in the Canadian market ($USD1.17M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: WPRT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: WPRT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WPRT 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 23.6%.
Westport Fuel Systems Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Westport Fuel Systems Inc.
- Ticker: WPRT
- Exchange: TSX
- Founded: 1995
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: CA$872.687m
- Shares outstanding: 168.80m
- Website: https://www.wfsinc.com
Number of Employees
- Westport Fuel Systems Inc.
- 1750 West 75th Avenue
- Suite 101
- British Columbia
- V6P 6G2
Westport Fuel Systems Inc. engineers, manufactures, and supplies alternative fuel systems and components for use in transportation applications worldwide. It operates through Original Equipment Manufacture...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 00:43|
|End of Day Share Price||2021/07/29 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.