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Ellipsiz Communications

TSXV:ECT
Snowflake Description

Worrying balance sheet with weak fundamentals.

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

Ellipsiz Communications Ltd. provides communications services and solutions in Taiwan. The last earnings update was 17 days ago. More info.


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  • Ellipsiz Communications has significant price volatility in the past 3 months.
ECT Share Price and Events
7 Day Returns
-38.5%
TSXV:ECT
-1.8%
CA Communications
0.1%
CA Market
1 Year Returns
-20%
TSXV:ECT
-8.1%
CA Communications
-2.8%
CA Market
ECT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ellipsiz Communications (ECT) -38.5% -20% 60% -20% -91.1% -
CA Communications -1.8% -6.3% -1.6% -8.1% -13.4% -8.3%
CA Market 0.1% -1.1% -0.4% -2.8% 11.5% 0.9%
1 Year Return vs Industry and Market
  • ECT underperformed the Communications industry which returned -8.1% over the past year.
  • ECT underperformed the Market in Canada which returned -2.8% over the past year.
Price Volatility
ECT
Industry
5yr Volatility vs Market

Value

 Is Ellipsiz Communications 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.

In this section, we usually try to help investors determine whether Ellipsiz Communications is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Ellipsiz Communications has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ellipsiz Communications. This is due to cash flow or dividend data being unavailable. The share price is CA$0.08.
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 Ellipsiz Communications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ellipsiz Communications's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ECT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.11
TSXV:ECT Share Price ** TSXV (2019-06-14) in CAD CA$0.08
TSXV:ECT Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.06
Canada Communications Industry PE Ratio Median Figure of 6 Publicly-Listed Communications Companies 39.49x
Canada Market PE Ratio Median Figure of 546 Publicly-Listed Companies 15.02x

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

** Primary Listing of Ellipsiz Communications.

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

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

= 0.06 ÷ -0.11

-0.53x

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

  • Ellipsiz Communications is loss making, we can't compare its value to the CA Communications industry average.
  • Ellipsiz Communications is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ellipsiz Communications's expected growth come at a high price?
Raw Data
TSXV:ECT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Communications Industry PEG Ratio Median Figure of 23 Publicly-Listed Communications Companies 1.19x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 1.15x

*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 Ellipsiz Communications, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ellipsiz Communications's assets?
Raw Data
TSXV:ECT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-0.01
TSXV:ECT Share Price * TSXV (2019-06-14) in CAD CA$0.08
TSXV:ECT Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.06
Canada Communications Industry PB Ratio Median Figure of 15 Publicly-Listed Communications Companies 1.29x
Canada Market PB Ratio Median Figure of 2,420 Publicly-Listed Companies 1.41x
TSXV:ECT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.06 ÷ -0.01

-6.61x

* Primary Listing of Ellipsiz Communications.

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

  • Ellipsiz Communications has negative assets, we can't compare the value of its assets to the CA Communications industry average.

Next steps:

  1. Take a look at our analysis of ECT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Ellipsiz Communications's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Communications industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Ellipsiz Communications'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 Communications 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 Communications industry average (and greater than 0)? (1 check)
  5. Ellipsiz Communications 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 Ellipsiz Communications expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Ellipsiz Communications 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
136.3%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ellipsiz Communications expected to grow at an attractive rate?
  • Unable to compare Ellipsiz Communications's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ellipsiz Communications's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ellipsiz Communications's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ECT Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Communications Industry Earnings Growth Rate Market Cap Weighted Average 136.3%
Canada Communications Industry Revenue Growth Rate Market Cap Weighted Average 18.3%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*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:ECT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ECT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 6 -1 -2
2018-12-31 4 -2 -2
2018-09-30 5 2 -1
2018-06-30 4 0 -1
2018-03-31 4 0 -1
2017-12-31 5 0 0
2017-09-30 7 -1 -1
2017-06-30 7 -2 -1
2017-03-31 9 -1 -1
2016-12-31 8 -2 -1
2016-09-30 7 0 -2
2016-06-30 8 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ellipsiz Communications is high growth as no earnings estimate data is available.
  • Unable to determine if Ellipsiz Communications 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:ECT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ellipsiz Communications Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ECT Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.11
2018-12-31 -0.12
2018-09-30 -0.08
2018-06-30 -0.06
2018-03-31 -0.05
2017-12-31 -0.03
2017-09-30 -0.04
2017-06-30 -0.04
2017-03-31 -0.04
2016-12-31 -0.04
2016-09-30 -0.10
2016-06-30 -0.09

*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 Ellipsiz Communications will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ECT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Ellipsiz Communications'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 Tech companies here
  3. Ellipsiz Communications'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 Ellipsiz Communications'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 Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada 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.
Ellipsiz Communications 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 Ellipsiz Communications 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 Ellipsiz Communications's growth in the last year to its industry (Communications).
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.
  • Ellipsiz Communications does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ellipsiz Communications's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ellipsiz Communications's 1-year growth to the CA Communications industry average as it is not currently profitable.
Earnings and Revenue History
Ellipsiz Communications'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 Ellipsiz Communications Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ECT 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 5.68 -2.08 3.08
2018-12-31 4.36 -2.03 2.96
2018-09-30 4.66 -1.37 2.39 -0.05
2018-06-30 4.44 -1.01 2.13 -0.04
2018-03-31 4.44 -0.80 2.02
2017-12-31 5.39 -0.49 1.91
2017-09-30 7.23 -0.63 2.21 -0.01
2017-06-30 7.25 -0.60 2.16 0.04
2017-03-31 8.56 -0.61 2.13
2016-12-31 8.49 -0.69 2.07
2016-09-30 7.42 -1.59 1.62 0.03
2016-06-30 7.88 -1.36 1.54
2016-03-31 6.64 -1.20 1.45
2015-12-31 7.03 -1.06 1.41
2015-07-01 6.01 0.38 1.36
2015-03-31 6.25 0.32 1.33
2014-06-30 5.91 0.03 1.20
2013-06-30 4.44 0.31 1.21
2012-06-30 5.98 0.03 1.04

*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 Ellipsiz Communications has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Ellipsiz Communications has efficiently used its assets last year compared to the CA Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ellipsiz Communications improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Ellipsiz Communications'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 Communications 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.
Ellipsiz Communications 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 Ellipsiz Communications'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 Ellipsiz Communications's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ellipsiz Communications's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ellipsiz Communications has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ellipsiz Communications'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.
  • High level of physical assets or inventory.
  • Ellipsiz Communications has negative shareholder equity (liabilities exceed assets) therefore debt is not 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 Ellipsiz Communications Company Filings, last reported 2 months ago.

TSXV:ECT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -0.03 2.64 0.50
2018-12-31 -0.73 2.29 0.24
2018-09-30 -0.04 1.90 2.66
2018-06-30 0.55 1.20 0.48
2018-03-31 0.94 1.18 0.71
2017-12-31 1.16 1.15 1.13
2017-09-30 1.05 1.38 0.50
2017-06-30 1.31 1.09 0.81
2017-03-31 1.46 1.14 0.44
2016-12-31 1.30 0.45 0.94
2016-09-30 1.34 0.39 1.42
2016-06-30 1.47 0.40 1.43
2016-03-31 1.53 0.39 1.24
2015-12-31 1.73 0.06 1.88
2015-07-01 1.64 0.03 0.36
2015-03-31 1.41 0.01 1.29
2014-06-30 1.71 1.12 1.53
2013-06-30 1.66 0.03 0.86
2012-06-30
  • Ellipsiz Communications has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Ellipsiz Communications's debt level has increased considering it has negative shareholder equity.
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.

  • Ellipsiz Communications has less than a year of cash runway based on current free cash flow.
  • Ellipsiz Communications has less than a year of cash runway if free cash flow continues to reduce at historical rates of -7.6% each year.
X
Financial health checks
We assess Ellipsiz Communications'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. Ellipsiz Communications has a total score of 1/6, 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 Ellipsiz Communications'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 Ellipsiz Communications dividends.
If you bought CA$2,000 of Ellipsiz Communications 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 Ellipsiz Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ellipsiz Communications'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:ECT 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 0 Analyst Estimates (S&P Global) See Below
North America Communications Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.5%
Canada Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

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

TSXV:ECT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2015-11-26 0.000 0.000

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

  • Unable to perform a dividend volatility check as Ellipsiz Communications has not reported any payouts.
  • Unable to verify if Ellipsiz Communications's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ellipsiz Communications's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ellipsiz Communications 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 Ellipsiz Communications's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Ellipsiz Communications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ellipsiz Communications 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 Ellipsiz Communications'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
Sam Tan
COMPENSATION $0
AGE 53
TENURE AS CEO 2.4 years
CEO Bio

Mr. Chong Gin Tan, also known as Sam, has been the Chief Executive Officer and President of Ellipsiz Communications (Taiwan) Ltd. since January 27, 2017 and July 2014 respectively. Mr. Tan is the Chairman of Ellipsiz Communications (Taiwan) Ltd. He served as Compliance Officer and Executive Director at Pan Asia Mining Limited from February 10, 2015 to November 19, 2015. He has 20 years of experience in sales, business development and management in the electronics industry. His portfolio includes the overseeing of businesses in Test & Measurement, System Integration/Function Test and Quality & Reliability Testing solutions. He served as Vice President of Distribution & Services Solutions at Ellipsiz Ltd until July 1, 2014. He has successfully led the team in penetrating into the communications network assurance business, where it counts prominent telecommunication operators amongst its key customers. He started his career with IBM Canada as Software Test Engineer before joining Hewlett Packard, where he achieved excellent sales record in Electronic Manufacturing Test (EMT) Solutions. He then took on the role of Business Development Manager at Agilent Technologies and assisted in the penetration and growth of the contract manufacturing business in China prior to his appointment as the EMT General Manager for ContrActing Manufacturing in Asia. Subsequently, he joined iNETest Resources to lead the South Asia Pacific and the contract manufacturing teams in Asia following the outsourcing of sales, support and service organisation of Agilent Technologies to iNETest Resources. He has been Director at Ellipsiz Communications (Taiwan) Ltd. since November 04, 2015. He served as a Director of NXA Inc. since November 02, 2015. Mr. Tan holds a Bachelor’s Degree in Electrical & Electronics Engineering from Queen’s University of Kingston, Canada.

CEO Compensation
  • Sam's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sam's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Ellipsiz Communications management team in years:

1.3
Average Tenure
47
Average Age
  • The average tenure for the Ellipsiz Communications management team is less than 2 years, this suggests a new team.
Management Team

Sam Tan

TITLE
Chairman
AGE
53
TENURE
2.4 yrs

Calvin Hsieh

TITLE
COO & Director
AGE
45
TENURE
0.6 yrs

Eric Chan

TITLE
CFO & Corporate Secretary
TENURE
2.1 yrs

Willis Fu

TITLE
Chief Technical Officer
AGE
47
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the Ellipsiz Communications board of directors in years:

1.8
Average Tenure
54
Average Age
  • The average tenure for the Ellipsiz Communications board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sam Tan

TITLE
Chairman
AGE
53

Calvin Hsieh

TITLE
COO & Director
AGE
45
TENURE
1.8 yrs

Rhoda Liu

TITLE
Director
AGE
56
TENURE
1.8 yrs

Mark Korol

TITLE
Director
AGE
54
TENURE
3.1 yrs

Joseph Chan

TITLE
Director
AGE
72
TENURE
1.6 yrs

Gregory Wade

TITLE
Member of Advisory Board
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Ellipsiz Communications'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. Ellipsiz Communications 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

Some Ellipsiz Communications (CVE:ECT) Shareholders Have Taken A Painful 92% Share Price Drop

Because Ellipsiz Communications is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … In the last three years Ellipsiz Communications saw its revenue shrink by 17% per year.

Simply Wall St -

Ellipsiz Communications Ltd. (CVE:ECT): What Does Its Beta Value Mean For Your Portfolio?

(CVE:ECT), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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What Kind Of Investor Owns Most Of Ellipsiz Communications Ltd (CVE:ECT)?

A look at the shareholders of Ellipsiz Communications Ltd (CVE:ECT) can tell us which group is most powerful. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … Ellipsiz Communications is not a large company by global standards.

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Who Are The Largest Shareholders In Ellipsiz Communications Ltd (CVE:ECT)?

I am going to take a deep dive into Ellipsiz Communications Ltd’s (CVE:ECT) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine ECT's ownership structure in more detail.

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Who Are Ellipsiz Communications Ltd's (CVE:ECT) Major Shareholders?

View our latest analysis for Ellipsiz Communications TSXV:ECT Ownership_summary Jun 7th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Ellipsiz Communications Ltd (CVE:ECT): Time For A Financial Health Check

How does ECT’s operating cash flow stack up against its debt? … Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: ECT’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

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Does Ellipsiz Communications Ltd's (CVE:ECT) Earnings Growth Make It An Outperformer?

Check out our latest analysis for Ellipsiz Communications Were ECT's earnings stronger than its past performances and the industry? … Each year, for the past half a decade Ellipsiz Communications's top-line has grown by a mere 8.38%, on average. … Viewing growth from a sector-level, the Canadian communications industry has been growing its average earnings by double-digit 46.32% over the past year, and 28.38% over the past half a decade.

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Is Ellipsiz Communications Ltd (TSXV:ECT) A Tech Leader?

Tech analysts are forecasting for the entire hardware tech industry, the bottom line growth to double in the upcoming year , and an overall negative growth rate in the next couple of years. … Unsuprisingly, this is below the growth rate of the Canadian stock market as a whole. … Over the past year, the industry saw negative growth of -30.42%, underperforming the Canadian market growth of 8.26%.

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Who Are The Top Investors In Ellipsiz Communications Ltd (TSXV:ECT)?

In this article, I will take a quick look at Ellipsiz Communications Ltd’s (TSXV:ECT) recent ownership structure – an unconventional investing subject, but an important one. … View our latest analysis for Ellipsiz Communications TSXV:ECT Ownership Summary Oct 31st 17 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Such level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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Company Info

Description

Ellipsiz Communications Ltd. provides communications services and solutions in Taiwan. The company offers operational support system and big data solutions to mobile network providers, fixed line telephone operators, cable operators and Internet service providers. It also supplies various hardware and software products; professional services, such as business consulting, investigation, solution design, deployment, integration, utilization, and post project review services; managed services; and operational assurance support services. The company was founded in 2007 and is headquartered in Markham, Canada.

Details
Name: Ellipsiz Communications Ltd.
ECT
Exchange: TSXV
Founded: 2007
CA$2,087,971
26,099,645
Website: http://www.ellipsiz-comms.com
Address: Ellipsiz Communications Ltd.
340 Ferrier Street,
Suite 208,
Markham,
Ontario, L3R 2Z5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ECT Common Stock TSX Venture Exchange CA CAD 08. Sep 2009
OTCPK NXIF.D Common Stock Pink Sheets LLC US USD 08. Sep 2009
DB PIZF Common Stock Deutsche Boerse AG DE EUR 08. Sep 2009
Number of employees
Current staff
Staff numbers
0
Ellipsiz Communications employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:03
End of day share price update: 2019/06/14 00:00
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.