company background image

BeWhere Holdings TSXV:BEW Stock Report

Last Price


Market Cap







25 Sep, 2022


Company Financials
BEW fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health5/6

BEW Stock Overview

BeWhere Holdings Inc., an industrial Internet of Things (IIoT) solutions company, designs and sells hardware with sensors and software applications to track real-time information on fixed and movable assets.

BeWhere Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BeWhere Holdings
Historical stock prices
Current Share PriceCA$0.22
52 Week HighCA$0.33
52 Week LowCA$0.20
1 Month Change-12.00%
3 Month Change0%
1 Year Change-21.43%
3 Year Change18.92%
5 Year Change-29.03%
Change since IPO46.67%

Recent News & Updates

Shareholder Returns

BEWCA SoftwareCA Market

Return vs Industry: BEW exceeded the Canadian Software industry which returned -43.6% over the past year.

Return vs Market: BEW underperformed the Canadian Market which returned -7.2% over the past year.

Price Volatility

Is BEW's price volatile compared to industry and market?
BEW volatility
BEW Average Weekly Movement9.1%
Software Industry Average Movement11.9%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.8%

Stable Share Price: BEW is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: BEW's weekly volatility (9%) has been stable over the past year.

About the Company

2003n/aOwen Moore

BeWhere Holdings Inc., an industrial Internet of Things (IIoT) solutions company, designs and sells hardware with sensors and software applications to track real-time information on fixed and movable assets. It develops mobile applications, middle-ware, and cloud-based solutions that stand-alone or that can be integrated with existing software. The company offers Mobile IoT (M-IOT) for the narrow band-IoT and long-term evolution for machines evolution of beacons, such as asset tracking, including mini USB rechargeable, ignition wired rechargeable, battery-powered, and rechargeable battery powered; environmental monitoring comprising M-IoT water pressure sensor solution, M-IoT weather station with leaf wetness sensor, M-IoT weather station with soil moisture sensor, M-IoT BeTen with soil moisture sensor, and M-IoT BeTen with water detection sensor; and asset tracking and environmental monitoring, including BeSol BLU Gateway for monitoring location, temperature zones, light exposure, and impact for goods in transit.

BeWhere Holdings Fundamentals Summary

How do BeWhere Holdings's earnings and revenue compare to its market cap?
BEW fundamental statistics
Market CapCA$19.37m
Earnings (TTM)CA$493.03k
Revenue (TTM)CA$9.63m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BEW income statement (TTM)
Cost of RevenueCA$6.52m
Gross ProfitCA$3.10m
Other ExpensesCA$2.61m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)0.0056
Gross Margin32.23%
Net Profit Margin5.12%
Debt/Equity Ratio1.8%

How did BEW perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


Is BEW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BEW?

Other financial metrics that can be useful for relative valuation.

BEW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA30.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BEW's PE Ratio compare to its peers?

BEW PE Ratio vs Peers
The above table shows the PE ratio for BEW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average44x
CTZ NamSys
NFTX Looking Glass Labs
ZOMD Zoomd Technologies
DGHI Digihost Technology
BEW BeWhere Holdings

Price-To-Earnings vs Peers: BEW is good value based on its Price-To-Earnings Ratio (39.4x) compared to the peer average (44x).

Price to Earnings Ratio vs Industry

How does BEW's PE Ratio compare vs other companies in the CA Software Industry?

Price-To-Earnings vs Industry: BEW is good value based on its Price-To-Earnings Ratio (39.4x) compared to the North American Software industry average (39.4x)

Price to Earnings Ratio vs Fair Ratio

What is BEW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BEW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BEW's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of BEW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BEW (CA$0.22) is trading above our estimate of fair value (CA$0.17)

Significantly Below Fair Value: BEW is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Future Growth

How is BeWhere Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Software industry annual growth in earnings

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 BeWhere Holdings 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 SimplyWall St do have past financial data.

Discover growth companies

  • Examine BeWhere Holdings'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.
  • BeWhere Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has BeWhere Holdings performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BEW has high quality earnings.

Growing Profit Margin: BEW became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: BEW has become profitable over the past 5 years, growing earnings by 26.2% per year.

Accelerating Growth: BEW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BEW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.8%).

Return on Equity

High ROE: BEW's Return on Equity (10.3%) is considered low.

Discover strong past performing companies

Financial Health

How is BeWhere Holdings's financial position?

Financial Health Score


Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BEW's short term assets (CA$5.8M) exceed its short term liabilities (CA$1.7M).

Long Term Liabilities: BEW's short term assets (CA$5.8M) exceed its long term liabilities (CA$508.2K).

Debt to Equity History and Analysis

Debt Level: BEW has more cash than its total debt.

Reducing Debt: Insufficient data to determine if BEW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: BEW's debt is well covered by operating cash flow (1222.8%).

Interest Coverage: BEW's interest payments on its debt are well covered by EBIT (27.7x coverage).

Balance Sheet

Discover healthy companies


What is BeWhere Holdings's current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BEW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BEW'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 BEW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BEW'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 BEW has not reported any payouts.

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Owen Moore (53 yo)





Mr. Owen Moore, B.Sc., M.Sc. has been Chief Executive Officer and Director at BeWhere Holdings Inc. since February 04, 2016 and also serves as its President. He serves as the Chairman of the Board at BeWhe...

CEO Compensation Analysis

Compensation vs Market: Owen's total compensation ($USD162.18K) is about average for companies of similar size in the Canadian market ($USD179.12K).

Compensation vs Earnings: Owen's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: BEW's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Experienced Board: BEW's board of directors are considered experienced (6.5 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: BEW insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

TSXV:BEW Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
29 Jun 22BuyCA$49,317Edward KulpergerIndividual206,000CA$0.24
27 Jun 22BuyCA$9,900Christopher PanczukIndividual45,000CA$0.22
13 Jun 22BuyCA$4,500Owen MooreIndividual20,000CA$0.22
26 May 22BuyCA$4,900Owen MooreIndividual20,000CA$0.25
30 Dec 21BuyCA$5,200Owen MooreIndividual20,000CA$0.26
09 Dec 21BuyCA$3,952Christopher PanczukIndividual15,500CA$0.25
30 Nov 21BuyCA$8,548Owen MooreIndividual32,000CA$0.27
26 Nov 21BuyCA$8,100Owen MooreIndividual30,000CA$0.27
19 Nov 21BuyCA$7,840Christopher PanczukIndividual28,000CA$0.28
17 Nov 21BuyCA$25,650Nauby JacobIndividual90,000CA$0.29

Ownership Breakdown

What is the ownership structure of BEW?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders19,802,43522.5%
General Public68,259,05377.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 6 shareholders own 22.49% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
Owen Moore
8,962,843CA$2.0m0.45%no data
Christopher Panczuk
8,804,143CA$1.9m0%no data
Edward Kulperger
928,549CA$204.3k28.51%no data
Joanne De Laurentiis
567,000CA$124.7k0%no data
Paul Christie
294,900CA$64.9k0%no data
Nauby Jacob
245,000CA$53.9k0%no data

Company Information

BeWhere Holdings Inc.'s employee growth, exchange listings and data sources

Key Information

  • Name: BeWhere Holdings Inc.
  • Ticker: BEW
  • Exchange: TSXV
  • Founded: 2003
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: CA$19.374m
  • Shares outstanding: 88.06m
  • Website:

Number of Employees


  • BeWhere Holdings Inc.
  • 2475 Skymark Avenue
  • Mississauga
  • Ontario
  • L4W 4Y6
  • Canada


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BEWTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2006
BEWF.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2006
S9XCDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 2006

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/25 00:00
End of Day Share Price2022/09/23 00:00
Annual Earnings2021/12/31

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.