POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore.
Excellent balance sheet with limited growth.
Share Price & News
How has POET Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PTK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PTK exceeded the Canadian Semiconductor industry which returned 32.9% over the past year.
Return vs Market: PTK exceeded the Canadian Market which returned -12.8% over the past year.
Price Volatility Vs. Market
How volatile is POET Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StHere's Why POET Technologies (CVE:PTK) Can Manage Its Debt Despite Losing Money
4 months ago | Simply Wall StPOET Technologies (CVE:PTK) Is Carrying A Fair Bit Of Debt
5 months ago | Simply Wall StSome POET Technologies (CVE:PTK) Shareholders Have Copped A Big 69% Share Price Drop
Is POET Technologies undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PTK's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PTK's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PTK is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: PTK 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 PTK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PTK is overvalued based on its PB Ratio (8x) compared to the XN Semiconductor industry average (3.2x).
How is POET Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PTK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PTK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PTK's revenue (41% per year) is forecast to grow faster than the Canadian market (5.6% per year).
High Growth Revenue: PTK's revenue (41% 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 PTK's Return on Equity is forecast to be high in 3 years time
How has POET Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PTK is currently unprofitable.
Growing Profit Margin: PTK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PTK is unprofitable, but has reduced losses over the past 5 years at a rate of 0.3% per year.
Accelerating Growth: Unable to compare PTK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PTK is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-10.8%).
Return on Equity
High ROE: PTK has a negative Return on Equity (-77.63%), as it is currently unprofitable.
How is POET Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: PTK's short term assets ($17.6M) exceed its short term liabilities ($4.3M).
Long Term Liabilities: PTK's short term assets ($17.6M) exceed its long term liabilities ($103.5K).
Debt to Equity History and Analysis
Debt Level: PTK's debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PTK'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: PTK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PTK has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 12% each year.
What is POET Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PTK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PTK'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 PTK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PTK'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 PTK'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
Suresh Venkatesan (53yo)
Dr. Suresh V. Venkatesan, PhD has been the Chief Executive Officer of POET Technologies Inc. since June 11, 2015 and serves as its Chairman Since November, 2019. Dr. Venkatesan serves as Chief Executive Of ...
CEO Compensation Analysis
Compensation vs Market: Suresh's total compensation ($USD1.72M) is above average for companies of similar size in the Canadian market ($USD174.10K).
Compensation vs Earnings: Suresh's compensation has been consistent with company performance over the past year.
|CEO & Chairman||5.08yrs||US$1.72m||0.039% $72.5k|
|President & GM||0.67yr||US$876.36k||no data|
|Executive VP & CFO||3.67yrs||US$584.85k||0.034% $63.0k|
|Corporate Controller||7.58yrs||US$266.78k||0.0060% $11.0k|
|Chief Legal Counsel||no data||US$140.97k||no data|
|Senior Vice President||1.42yrs||no data||no data|
|General Manager of POET Technologies Pte Ltd.||no data||no data||no data|
|Strategic Advisor||2.5yrs||US$2.50k||no data|
Experienced Management: PTK's management team is considered experienced (2.8 years average tenure).
|CEO & Chairman||5.08yrs||US$1.72m||0.039% $72.5k|
|Independent Director||2.5yrs||US$138.92k||0.22% $398.4k|
|Independent Director||5.08yrs||US$132.70k||no data|
|Lead Independent Director||0.67yr||US$154.11k||no data|
|Independent Director||7.92yrs||US$173.02k||0.0086% $15.7k|
|Member of Technology Roadmap Advisory Board||no data||no data||no data|
Experienced Board: PTK's board of directors are not considered experienced ( 2.8 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
POET Technologies Inc.'s company bio, employee growth, exchange listings and data sources
- Name: POET Technologies Inc.
- Ticker: PTK
- Exchange: TSXV
- Founded: 2000
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: CA$183.929m
- Shares outstanding: 291.95m
- Website: https://www.poet-technologies.com
Number of Employees
- POET Technologies Inc.
- 120 Eglinton Avenue East
- Suite 1107
- M4P 1E2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RI4||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 2007|
|PTK||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Jun 2007|
|POET.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jun 2007|
POET Technologies Inc. designs, develops, manufactures, and sells discrete and integrated opto-electronic solutions in Canada, the United States, and Singapore. It offers integration solutions based on the POET Optical Interposer, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. It also develops photonic integrated circuits. The company serves the data center, telecommunications, Internet of things and industrial sensing, automotive LIDAR, and on-board optics markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was founded in 2000 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 00:08|
|End of Day Share Price||2020/06/30 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.