ENW Stock Overview
EnWave Corporation designs, constructs, markets, licenses, installs, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$0.90|
|52 Week High||CA$1.82|
|52 Week Low||CA$0.86|
|1 Month Change||-18.92%|
|3 Month Change||-10.00%|
|1 Year Change||-27.42%|
|3 Year Change||-29.69%|
|5 Year Change||-23.08%|
|Change since IPO||40.63%|
Recent News & Updates
A Look At The Intrinsic Value Of EnWave Corporation (CVE:ENW)
Today we will run through one way of estimating the intrinsic value of EnWave Corporation ( CVE:ENW ) by projecting its...
At CA$0.97, Is It Time To Put EnWave Corporation (CVE:ENW) On Your Watch List?
EnWave Corporation ( CVE:ENW ), might not be a large cap stock, but it saw a decent share price growth in the teens...
EnWave Corporation (CVE:ENW) Analysts Are Cutting Their Estimates: Here's What You Need To Know
It's shaping up to be a tough period for EnWave Corporation ( CVE:ENW ), which a week ago released some disappointing...
|ENW||CA Machinery||CA Market|
Return vs Industry: ENW underperformed the Canadian Machinery industry which returned 13.5% over the past year.
Return vs Market: ENW underperformed the Canadian Market which returned 19% over the past year.
|ENW Average Weekly Movement||5.6%|
|Machinery Industry Average Movement||8.1%|
|Market Average Movement||9.4%|
|10% most volatile stocks in CA Market||17.2%|
|10% least volatile stocks in CA Market||3.6%|
Stable Share Price: ENW is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ENW's weekly volatility (6%) has been stable over the past year.
About the Company
EnWave Corporation designs, constructs, markets, licenses, installs, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. It offers radiant energy vacuum (REV) dehydration platforms, such as nutraREV and quantaREV to dehydrate fruits, vegetables, herbs, dairy products, ready-to-eat meals, instant baked goods, cannabis products, nutraceuticals, pharmaceuticals, and meats and seafood. The company also provides REV platforms for pharmaceutical industry, including powderREV; and freezeREV for the dehydration of biomaterial and pharmaceutical products.
EnWave Fundamentals Summary
|ENW fundamental statistics|
Is ENW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ENW income statement (TTM)|
|Cost of Revenue||CA$23.41m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.027|
|Net Profit Margin||-9.84%|
How did ENW perform over the long term?See historical performance and comparison
Is EnWave 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: ENW (CA$0.9) is trading below our estimate of fair value (CA$1.22)
Significantly Below Fair Value: ENW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ENW is unprofitable, so we can't compare its PE Ratio to the Canadian Machinery industry average.
PE vs Market: ENW is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ENW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENW is overvalued based on its PB Ratio (3.9x) compared to the CA Machinery industry average (3.3x).
How is EnWave forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ENW's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if ENW's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ENW's revenue (21.3% per year) is forecast to grow faster than the Canadian market (5.7% per year).
High Growth Revenue: ENW's revenue (21.3% 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 ENW's Return on Equity is forecast to be high in 3 years time
How has EnWave performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENW is currently unprofitable.
Growing Profit Margin: ENW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENW is unprofitable, and losses have increased over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare ENW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENW is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (31%).
Return on Equity
High ROE: ENW has a negative Return on Equity (-11.78%), as it is currently unprofitable.
How is EnWave's financial position?
Financial Position Analysis
Short Term Liabilities: ENW's short term assets (CA$25.7M) exceed its short term liabilities (CA$6.0M).
Long Term Liabilities: ENW's short term assets (CA$25.7M) exceed its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: ENW has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ENW's debt to equity ratio has reduced over the 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: Whilst unprofitable ENW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ENW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.8% per year.
What is EnWave current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENW'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 ENW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENW'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 ENW'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
Mr. Brent Charleton, CFA, serves as Director at EnWave Corporation since August 29, 2018. He has been the Chief Executive Officer and President at EnWave Corp. since August 28, 2018 and was its Senior Vice...
CEO Compensation Analysis
Compensation vs Market: Brent's total compensation ($USD391.13K) is above average for companies of similar size in the Canadian market ($USD165.14K).
Compensation vs Earnings: Brent's compensation has increased whilst the company is unprofitable.
Experienced Management: ENW's management team is considered experienced (2.9 years average tenure).
Experienced Board: ENW's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ENW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EnWave Corporation's employee growth, exchange listings and data sources
- Name: EnWave Corporation
- Ticker: ENW
- Exchange: TSXV
- Founded: 1999
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CA$99.185m
- Shares outstanding: 110.21m
- Website: https://www.enwave.net
Number of Employees
- EnWave Corporation
- 1668 Derwent Way
- Unit 1
- British Columbia
- V3M 6R9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:35|
|End of Day Share Price||2021/12/02 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.