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POET Technologies

TSXV:PTK
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTK
TSXV
CA$123M
Market Cap
  1. Home
  2. CA
  3. Semiconductors
Company description

POET Technologies Inc. designs, manufactures, and sells semi-conductor products in the United States, Canada, and Singapore. The last earnings update was 47 days ago. More info.


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PTK Share Price and Events
7 Day Returns
10.4%
TSXV:PTK
3.2%
North America Semiconductor
-0.4%
CA Market
1 Year Returns
49.1%
TSXV:PTK
3.5%
North America Semiconductor
-3.1%
CA Market
PTK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
POET Technologies (PTK) 10.4% 10.4% 32.8% 49.1% -53.3% -75.4%
North America Semiconductor 3.2% 10.5% -1.4% 3.5% 77.2% 91.2%
CA Market -0.4% 0.8% -1.7% -3.1% 8.2% 0.9%
1 Year Return vs Industry and Market
  • PTK outperformed the Semiconductor industry which returned 3.5% over the past year.
  • PTK outperformed the Market in Canada which returned -3.1% over the past year.
Price Volatility
PTK
Industry
5yr Volatility vs Market

Value

 Is POET Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for POET Technologies. This is due to cash flow or dividend data being unavailable. The share price is CA$0.425.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for POET Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are POET Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:PTK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.06
TSXV:PTK Share Price ** TSXV (2019-07-15) in CAD CA$0.43
TSXV:PTK Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.767 $0.33
North America Semiconductor Industry PE Ratio Median Figure of 68 Publicly-Listed Semiconductor Companies 22.59x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of POET Technologies.

TSXV:PTK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:PTK Share Price ÷ EPS (both in USD)

= 0.33 ÷ -0.06

-5.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • POET Technologies is loss making, we can't compare its value to the North America Semiconductor industry average.
  • POET Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does POET Technologies's expected growth come at a high price?
Raw Data
TSXV:PTK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
North America Semiconductor Industry PEG Ratio Median Figure of 63 Publicly-Listed Semiconductor Companies 1.07x
Canada Market PEG Ratio Median Figure of 249 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for POET Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on POET Technologies's assets?
Raw Data
TSXV:PTK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.07
TSXV:PTK Share Price * TSXV (2019-07-15) in CAD CA$0.43
TSXV:PTK Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.767 $0.33
North America Semiconductor Industry PB Ratio Median Figure of 111 Publicly-Listed Semiconductor Companies 2.66x
Canada Market PB Ratio Median Figure of 2,436 Publicly-Listed Companies 1.42x
TSXV:PTK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:PTK Share Price ÷ Book Value per Share (both in USD)

= 0.33 ÷ 0.07

4.85x

* Primary Listing of POET Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • POET Technologies is overvalued based on assets compared to the North America Semiconductor industry average.
X
Value checks
We assess POET Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. POET Technologies has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is POET Technologies expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as POET Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.3%
Expected Semiconductor industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is POET Technologies expected to grow at an attractive rate?
  • Unable to compare POET Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare POET Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare POET Technologies's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:PTK Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
North America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:PTK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:PTK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 10 -12 1
TSXV:PTK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 4 -9 -16
2018-12-31 4 -9 -16
2018-09-30 2 -8 -14
2018-06-30 2 -7 -13
2018-03-31 2 -7 -11
2017-12-31 3 -9 -13
2017-09-30 2 -10 -14
2017-06-30 3 -10 -13
2017-03-31 3 -11 -14
2016-12-31 2 -10 -13
2016-09-30 1 -9 -13
2016-06-30 1 -8 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if POET Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if POET Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:PTK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from POET Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PTK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 -0.04 -0.04 -0.04 1.00
TSXV:PTK Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.06
2018-12-31 -0.06
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.04
2017-12-31 -0.05
2017-09-30 -0.05
2017-06-30 -0.05
2017-03-31 -0.06
2016-12-31 -0.06
2016-09-30 -0.06
2016-06-30 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if POET Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine POET Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. POET Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Semiconductors companies here
  3. POET Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess POET Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the North America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the North America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
POET Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has POET Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare POET Technologies's growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • POET Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare POET Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare POET Technologies's 1-year growth to the North America Semiconductor industry average as it is not currently profitable.
Earnings and Revenue History
POET Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from POET Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:PTK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 3.89 -16.09 11.77 8.38
2018-12-31 3.89 -16.32 11.69 8.69
2018-09-30 2.38 -14.45 10.56 6.67
2018-06-30 2.19 -13.13 10.31 5.62
2018-03-31 2.08 -11.34 9.52 4.81
2017-12-31 2.79 -12.80 10.87 5.44
2017-09-30 2.50 -13.94 10.85 4.76
2017-06-30 2.65 -13.15 11.00 4.32
2017-03-31 2.57 -13.76 11.71 3.73
2016-12-31 1.86 -13.22 11.16 3.17
2016-09-30 1.44 -12.88 10.78 3.07
2016-06-30 0.58 -13.49 10.24 3.28
2016-03-31 -12.96 9.43 3.54
2015-12-31 -12.07 8.61 3.53
2015-09-30 -11.06 6.60 3.07
2015-06-30 -12.03 7.86 2.76
2015-03-31 -12.05 8.25 2.46
2014-12-31 -11.79 9.68 2.28
2014-09-30 -11.12 8.93 2.36
2014-06-30 -9.00 7.00 2.26
2014-03-31 -7.99 6.24 2.00
2013-12-31 -7.85 6.28 1.93
2013-09-30 -0.11 -7.11 5.88 1.62
2013-06-30 -5.66 4.74 1.33
2013-03-31 -4.70 3.81 1.21
2012-12-31 -3.88 3.03 1.09
2012-09-30 0.12 -3.63 2.65 1.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if POET Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if POET Technologies has efficiently used its assets last year compared to the North America Semiconductor industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if POET Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess POET Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
POET Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is POET Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up POET Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • POET Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • POET Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of POET Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • POET Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from POET Technologies Company Filings, last reported 3 months ago.

TSXV:PTK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 19.34 0.00 0.96
2018-12-31 21.10 0.00 2.57
2018-09-30 23.79 0.00 5.85
2018-06-30 27.51 0.00 9.99
2018-03-31 31.53 0.00 13.19
2017-12-31 23.07 0.00 4.97
2017-09-30 24.87 0.00 7.51
2017-06-30 27.37 0.00 9.77
2017-03-31 29.74 0.00 11.67
2016-12-31 32.24 0.00 14.97
2016-09-30 27.37 0.00 9.70
2016-06-30 28.69 0.00 12.76
2016-03-31 16.32 0.00 14.73
2015-12-31 15.42 0.00 14.41
2015-09-30 16.85 0.00 15.85
2015-06-30 16.21 0.00 15.28
2015-03-31 15.92 0.00 14.85
2014-12-31 12.40 0.00 11.29
2014-09-30 13.02 0.00 12.28
2014-06-30 13.54 0.00 12.70
2014-03-31 9.97 0.00 9.14
2013-12-31 4.30 0.00 3.26
2013-09-30 5.30 0.00 4.44
2013-06-30 6.13 0.00 5.33
2013-03-31 7.23 0.00 6.89
2012-12-31 1.50 0.00 1.44
2012-09-30 2.32 0.00 1.82
  • POET Technologies has no debt.
  • POET Technologies has not taken on any debt in 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.

  • POET Technologies has less than a year of cash runway based on current free cash flow.
  • POET Technologies has less than a year of cash runway if free cash flow continues to grow at historical rates of 7.4% each year.
X
Financial health checks
We assess POET Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. POET Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is POET Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from POET Technologies dividends.
If you bought CA$2,000 of POET Technologies shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate POET Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate POET Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:PTK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
North America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:PTK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as POET Technologies has not reported any payouts.
  • Unable to verify if POET Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of POET Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as POET Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess POET Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can POET Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. POET Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of POET Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Suresh Venkatesan
COMPENSATION $2,285,488
AGE 52
TENURE AS CEO 4.1 years
CEO Bio

Dr. Suresh V. Venkatesan, PhD has been the Chief Executive Officer of POET Technologies Inc. since June 11, 2015. Dr. Venkatesan serves as Chief Executive Officer and Director since June 11, 2015 at Opel International Inc. Dr. Venkatesan is an industry veteran with over 22 years of experience in semiconductor technology development. Dr. Venkatesan served as a Senior Vice President of Technology Development at GLOBALFOUNDRIES U.S. Inc. and GLOBALFOUNDRIES Inc. Dr. Venkatesan focused on technology operational excellence, accelerating development and execution of key technology milestones and achieving customer satisfaction through technology delivery. Prior to joining GLOBALFOUNDRIES in 2009, he held various leadership positions with Freescale Semiconductor in Austin, Texas, including High Performance CMOS and NVM Technology development, Technology Strategy and Program Management and Silicon Technology Solutions. Dr. Venkatesan was most recently Senior Vice President, Technology Development at Global Foundries and was responsible for the Company's Technology Research and Development. He was responsible for GLOBALFOUNDRIES's Technology Research and Development. Dr. Venkatesan began his career with Motorola, Inc. and served in roles of increasing responsibility including Engineering Manager of CMOS Platform Development and Engineering Director for Thoughtbeam, Inc. He has been a Director of POET Technologies Inc. since June 11, 2015. Dr. Venkatesan holds over twenty US patents and co-authored over 40 technical papers. He holds a Bachelor of Technology in Electrical Engineering degree from the Indian Institute of Technology and a Master of Science in Electrical Engineering and PhD degrees from Purdue University.

CEO Compensation
  • Suresh's compensation has increased whilst company is loss making.
  • Suresh's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the POET Technologies management team in years:

1.7
Average Tenure
55
Average Age
  • The average tenure for the POET Technologies management team is less than 2 years, this suggests a new team.
Management Team

Dave Lazovsky

TITLE
Executive Chairman of the Board
COMPENSATION
$548K
AGE
47

Suresh Venkatesan

TITLE
CEO & Director
COMPENSATION
$2M
AGE
52
TENURE
4.1 yrs

Tom Mika

TITLE
EVP & Chief Financial Officer
COMPENSATION
$631K
AGE
66
TENURE
2.7 yrs

John O’Donnell

TITLE
Chief Legal Counsel & Corporate Secretary
COMPENSATION
$141K
AGE
72

Kevin Barnes

TITLE
Corporate Controller & Treasurer
COMPENSATION
$173K
AGE
47
TENURE
0.8 yrs

Rich Zoccolillo

TITLE
Senior Vice President of Strategic Marketing & Product Management
COMPENSATION
$551K
AGE
57
TENURE
0.8 yrs

Rajan Rajgopal

TITLE
President of DenseLight Semiconductor Pte. Ltd.
COMPENSATION
$312K
AGE
55
TENURE
2.5 yrs

Todd DeBonis

TITLE
Strategic Advisor
COMPENSATION
$3K
AGE
54
TENURE
1.5 yrs

William Ring

TITLE
Senior Vice President
TENURE
0.4 yrs

Ajit Manocha

TITLE
Consltant
COMPENSATION
$557K
AGE
67
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the POET Technologies board of directors in years:

2.4
Average Tenure
59
Average Age
  • The average tenure for the POET Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Suresh Venkatesan

TITLE
CEO & Director
COMPENSATION
$2M
AGE
52
TENURE
4.1 yrs

Chris Tsiofas

TITLE
Independent Director
COMPENSATION
$161K
AGE
51
TENURE
6.9 yrs

Dave Lazovsky

TITLE
Executive Chairman of the Board
COMPENSATION
$548K
AGE
47
TENURE
2.4 yrs

Peter Charbonneau

TITLE
Director
COMPENSATION
$113K
AGE
65
TENURE
1.3 yrs

Tony Blevins

TITLE
Member of Technology Roadmap Advisory Board

Mohan Warrior

TITLE
Independent Director
COMPENSATION
$121K
AGE
59
TENURE
4.1 yrs

Jean-Louis Malinge

TITLE
Director
COMPENSATION
$121K
AGE
66
TENURE
1.8 yrs

Don Listwin

TITLE
Director
COMPENSATION
$193K
AGE
60
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
24. Jun 19 Sell Yee-Loy Lam Individual 18. Jun 19 21. Jun 19 -100,000 CA$0.39 CA$-37,629
11. Jun 19 Sell Yee-Loy Lam Individual 11. Jun 19 11. Jun 19 -25,000 CA$0.37 CA$-9,125
18. Jun 19 Buy Yee-Loy Lam Individual 14. Jun 19 14. Jun 19 -77,500 CA$0.38 CA$-29,086
16. Jun 19 Sell Yee-Loy Lam Individual 13. Jun 19 13. Jun 19 -18,500 CA$0.37 CA$-6,845
12. Jun 19 Sell Yee-Loy Lam Individual 12. Jun 19 12. Jun 19 -25,000 CA$0.37 CA$-9,250
11. Jun 19 Sell Yee-Loy Lam Individual 10. Jun 19 10. Jun 19 -75,000 CA$0.37 CA$-27,375
X
Management checks
We assess POET Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. POET Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Before You Buy POET Technologies Inc. (CVE:PTK), Consider Its Volatility

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … What this means for you: Since POET Technologies is not heavily influenced by market moves, its share price is probably far more dependend on company specific developments.

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If You Had Bought POET Technologies Stock Five Years Ago, You'd Be Sitting On A 75% Loss, Today

POET Technologies isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Shareholders of unprofitable companies usually expect strong revenue growth. … In the last half decade, POET Technologies saw its revenue increase by 33% per year.

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Is POET Technologies Inc.'s (CVE:PTK) Balance Sheet A Threat To Its Future?

(CVE:PTK), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Does PTK's growth rate justify its decision for financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

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How Many Insiders Bought POET Technologies Inc. (CVE:PTK) Shares?

(CVE:PTK), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … It's not at all bad to see insiders buy shares at or above current prices.

Simply Wall St -

Before You Buy POET Technologies Inc (CVE:PTK), Consider Its Volatility

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

What Investors Should Know About POET Technologies Inc's (CVE:PTK) Financial Strength

POET Technologies Inc (CVE:PTK), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is financial flexibility worth the lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

Simply Wall St -

Should You Buy POET Technologies Inc (CVE:PTK) At CA$00.315?

POET Technologies Inc (CVE:PTK), a semiconductor company based in Canada,. … A question to answer is whether POET Technologies's current trading price of CA$0.32 reflective of the actual value of the? … Let’s take a look at POET Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Is It The Right Time To Buy POET Technologies Inc (CVE:PTK)?

I find that POET Technologies’s ratio of 4.72x is trading slightly above its industry peers’ ratio of 2.95x, which means if you buy POET Technologies today, you’d be paying a relatively fair price for it. … And if you believe that POET Technologies should be trading at this level in the long run, there’s only an insignificant downside when the price falls to its real value. … This is because POET Technologies’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market.

Simply Wall St -

POET Technologies Inc (TSXV:PTK): What Does It Mean For Your Portfolio?

Generally, an investor should consider two types of risk that impact the market value of PTK. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … Take into account your portfolio sensitivity to the market before you invest in the stock, as well as where we are in the current economic cycle.

Simply Wall St -

Tech Stocks: Is Now The Time To Buy POET Technologies Inc (TSXV:PTK)?

Tech analysts are forecasting for the entire hardware tech, industry, a strong double-digit growth of 14.00% in the upcoming year, and an overall negative growth rate in the next couple of years. … TSXV:PTK PE PEG Gauge Oct 28th 17 The tech hardware industry is trading at a PE ratio of 26x, higher than the rest of the Canadian stock market PE of 17x. … Use our free playform to see my list of over 1000 other tech companies trading on the market.

Simply Wall St -

Company Info

Description

POET Technologies Inc. designs, manufactures, and sells semi-conductor products in the United States, Canada, and Singapore. It offers optical light source products and photonic integrated devices for the sensing, data and tele communications, medical, instrumentation, industrial, defense, and security markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. is headquartered in Toronto, Canada.

Details
Name: POET Technologies Inc.
PTK
Exchange: TSXV
Founded:
CA$122,533,365
288,313,802
Website: http://poet-technologies.com
Address: POET Technologies Inc.
120 Eglinton Avenue East,
Suite 1107,
Toronto,
Ontario, M4P 1E2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV PTK Common Shares TSX Venture Exchange CA CAD 26. Jun 2007
OTCPK POET.F Common Shares Pink Sheets LLC US USD 26. Jun 2007
DB RI4 Common Shares Deutsche Boerse AG DE EUR 26. Jun 2007
Number of employees
Current staff
Staff numbers
99
POET Technologies employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 00:09
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/06/10
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.