WE Stock Overview
WeCommerce Holdings Ltd. provides a suite of ecommerce enablement software tools for merchants to start online store.
+ 1 more risk
WeCommerce Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$1.92|
|52 Week High||CA$16.18|
|52 Week Low||CA$1.53|
|1 Month Change||-13.51%|
|3 Month Change||-45.46%|
|1 Year Change||-81.07%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-86.98%|
Recent News & Updates
WeCommerce Holdings' (CVE:WE) Promising Earnings May Rest On Soft Foundations
Despite posting some strong earnings, the market for WeCommerce Holdings Ltd.'s ( CVE:WE ) stock hasn't moved much. We...
|WE||CA Software||CA Market|
Return vs Industry: WE underperformed the Canadian Software industry which returned -42.3% over the past year.
Return vs Market: WE underperformed the Canadian Market which returned -8.4% over the past year.
|WE Average Weekly Movement||15.1%|
|Software Industry Average Movement||11.8%|
|Market Average Movement||9.8%|
|10% most volatile stocks in CA Market||18.1%|
|10% least volatile stocks in CA Market||3.8%|
Stable Share Price: WE is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: WE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
WeCommerce Holdings Ltd. provides a suite of ecommerce enablement software tools for merchants to start online store. The company operates through three segments: Apps, Themes, and Agency. It focuses on building, acquiring, and investing in technology businesses operating in the Shopify partner ecosystem.
WeCommerce Holdings Fundamentals Summary
|WE fundamental statistics|
Is WE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WE income statement (TTM)|
|Cost of Revenue||CA$27.16m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.063|
|Net Profit Margin||-5.54%|
How did WE perform over the long term?See historical performance and comparison
Is WE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WE?
Other financial metrics that can be useful for relative valuation.
|What is WE's n/a Ratio?|
Price to Sales Ratio vs Peers
How does WE's PS Ratio compare to its peers?
|WE PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
BIGG BIGG Digital Assets
FOBI Fobi AI
VSBY VSBLTY Groupe Technologies
WE WeCommerce Holdings
Price-To-Sales vs Peers: WE is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (12.9x).
Price to Earnings Ratio vs Industry
How does WE's PE Ratio compare vs other companies in the CA Software Industry?
Price-To-Sales vs Industry: WE is good value based on its Price-To-Sales Ratio (1.7x) compared to the Canadian Software industry average (3.5x)
Price to Sales Ratio vs Fair Ratio
What is WE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||1.7x|
|Fair PS Ratio||1.3x|
Price-To-Sales vs Fair Ratio: WE is expensive based on its Price-To-Sales Ratio (1.7x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).
Share Price vs Fair Value
What is the Fair Price of WE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WE (CA$1.92) is trading below our estimate of fair value (CA$12.08)
Significantly Below Fair Value: WE is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is WeCommerce Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WE is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: WE is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: WE is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: WE's revenue (17.1% per year) is forecast to grow faster than the Canadian market (5.8% per year).
High Growth Revenue: WE's revenue (17.1% 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 WE's Return on Equity is forecast to be high in 3 years time
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How has WeCommerce Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WE is currently unprofitable.
Growing Profit Margin: WE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WE is unprofitable, and losses have increased over the past 5 years at a rate of 48.6% per year.
Accelerating Growth: Unable to compare WE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WE is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.8%).
Return on Equity
High ROE: WE has a negative Return on Equity (-2.11%), as it is currently unprofitable.
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How is WeCommerce Holdings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: WE's short term assets (CA$15.1M) exceed its short term liabilities (CA$14.3M).
Long Term Liabilities: WE's short term assets (CA$15.1M) do not cover its long term liabilities (CA$46.5M).
Debt to Equity History and Analysis
Debt Level: WE's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WE'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 WE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.9% per year.
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What is WeCommerce Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|WeCommerce Holdings Dividend Yield vs Market|
|Company (WeCommerce Holdings)||n/a|
|Market Bottom 25% (CA)||2.1%|
|Market Top 25% (CA)||6.1%|
|Industry Average (Software)||0.4%|
|Analyst forecast in 3 Years (WeCommerce Holdings)||n/a|
Notable Dividend: Unable to evaluate WE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WE'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 WE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WE'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 WE has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Alexander Persson also known as Alex, is Chief Executive Officer at WeCommerce Holdings Ltd. since December 2, 2021. He served as the President at WeCommerce Holdings Ltd.since March 26, 2021 until De...
CEO Compensation Analysis
|Alex Persson's Compensation vs WeCommerce Holdings Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||CA$572k||CA$369k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||CA$41k||CA$41k|
Compensation vs Market: Alex's total compensation ($USD415.59K) is above average for companies of similar size in the Canadian market ($USD178.38K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
Experienced Management: WE's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: WE's board of directors are not considered experienced ( 1.8 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: WE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
|01 Sep 22||BuyCA$2,550||Timothy McElvaine||Individual||1,500||CA$1.70|
|31 Aug 22||BuyCA$14,558||Timothy McElvaine||Individual||7,500||CA$2.04|
|24 Aug 22||BuyCA$5,500||Timothy McElvaine||Individual||2,500||CA$2.20|
|07 Jul 22||SellCA$6,664||Andrew Dumont||Individual||1,904||CA$3.50|
|13 Jun 22||BuyCA$21,123||Andrew Wilkinson||Individual||5,000||CA$4.22|
|10 Jun 22||BuyCA$23,041||Andrew Wilkinson||Individual||5,000||CA$4.61|
|09 Jun 22||BuyCA$200,826||Andrew Wilkinson||Individual||40,000||CA$5.11|
|08 Apr 22||SellCA$17,549||Andrew Dumont||Individual||1,889||CA$9.29|
|08 Mar 22||SellCA$26,515||Alexander Persson||Individual||2,848||CA$9.31|
|06 Jan 22||SellCA$35,727||Andrew Dumont||Individual||3,113||CA$12.20|
|14 Dec 21||BuyCA$30,357||Alexander Persson||Individual||2,250||CA$13.49|
|10 Dec 21||BuyCA$99,846||Andrew Wilkinson||Individual||7,118||CA$14.03|
|09 Dec 21||SellCA$5,318,790||Shane Parrish||Individual||354,586||CA$15.00|
|07 Dec 21||SellCA$681,237||Shane Parrish||Individual||45,414||CA$15.00|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.4%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
WeCommerce Holdings Ltd.'s employee growth, exchange listings and data sources
- Name: WeCommerce Holdings Ltd.
- Ticker: WE
- Exchange: TSXV
- Founded: NaN
- Industry: Application Software
- Sector: Software
- Implied Market Cap: CA$79.794m
- Shares outstanding: 41.56m
- Website: https://www.wecommerce.co
Number of Employees
- WeCommerce Holdings Ltd.
- 101-524 Yates Street
- British Columbia
- V8W 1K8
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WE||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Dec 2020|
|WECM.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Dec 2020|
|88F||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Dec 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 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.