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Enablence Technologies

TSXV:ENA
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ENA
TSXV
CA$16M
Market Cap
  1. Home
  2. CA
  3. Tech
Company description

Enablence Technologies Inc. designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets worldwide. The last earnings update was 17 days ago. More info.


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  • Enablence Technologies has significant price volatility in the past 3 months.
ENA Share Price and Events
7 Day Returns
0%
TSXV:ENA
-1.8%
CA Communications
0.1%
CA Market
1 Year Returns
-37.5%
TSXV:ENA
-8.1%
CA Communications
-2.8%
CA Market
ENA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Enablence Technologies (ENA) 0% 0% -16.7% -37.5% -64.3% -77.3%
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
  • ENA underperformed the Communications industry which returned -8.1% over the past year.
  • ENA underperformed the Market in Canada which returned -2.8% over the past year.
Price Volatility
ENA
Industry
5yr Volatility vs Market

ENA Value

 Is Enablence 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.

In this section, we usually try to help investors determine whether Enablence Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Enablence Technologies 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 Enablence Technologies. This is due to cash flow or dividend data being unavailable. The share price is CA$0.025.
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 Enablence Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Enablence Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ENA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.02
TSXV:ENA Share Price ** TSXV (2019-06-13) in CAD CA$0.03
TSXV:ENA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.02
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 Enablence Technologies.

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

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

= 0.02 ÷ -0.02

-1.12x

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

  • Enablence Technologies is loss making, we can't compare its value to the CA Communications industry average.
  • Enablence Technologies is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Enablence Technologies's expected growth come at a high price?
Raw Data
TSXV:ENA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.12x
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 Enablence Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Enablence Technologies's assets?
Raw Data
TSXV:ENA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-0.03
TSXV:ENA Share Price * TSXV (2019-06-13) in CAD CA$0.03
TSXV:ENA Share Price converted to USD reporting currency Exchange rate (CAD/ USD) 0.747 $0.02
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:ENA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.02 ÷ -0.03

-0.58x

* Primary Listing of Enablence Technologies.

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

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

Next steps:

  1. 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 Enablence Technologies's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Communications industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Enablence 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 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. Enablence 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.

ENA Future Performance

 How is Enablence Technologies 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 Enablence 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
136.3%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Enablence Technologies expected to grow at an attractive rate?
  • Unable to compare Enablence Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Enablence Technologies's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Enablence Technologies's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ENA 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:ENA 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:ENA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1 -7 -11
2018-12-31 0 -7 -10
2018-09-30 2 -7 -10
2018-06-30 3 -8 -10
2018-03-31 5 -8 -10
2017-12-31 5 -8 -10
2017-09-30 5 -10 -9
2017-06-30 3 -9 -9
2017-03-31 3 -9 -9
2016-12-31 3 -10 -9
2016-09-30 2 -9 -9
2016-06-30 2 -8 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Enablence Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Enablence 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:ENA 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 Enablence Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ENA Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.02
2016-09-30 -0.02
2016-06-30 -0.02

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

Next steps:

  1. Enablence 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 Tech companies here
  2. Enablence Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Enablence 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 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.
Enablence 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.

ENA Past Performance

  How has Enablence 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 Enablence Technologies'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.
  • Enablence Technologies does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Enablence Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Enablence Technologies's 1-year growth to the CA Communications industry average as it is not currently profitable.
Earnings and Revenue History
Enablence 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 Enablence Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ENA 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 0.80 -10.55 2.17 2.74
2018-12-31 0.47 -10.14 2.11 2.88
2018-09-30 1.61 -10.21 2.27 3.13
2018-06-30 3.39 -10.38 2.37 3.87
2018-03-31 4.57 -9.75 2.41 4.75
2017-12-31 5.13 -9.67 2.51 5.03
2017-09-30 4.83 -8.93 2.50 5.15
2017-06-30 3.45 -8.63 2.49 4.85
2017-03-31 2.89 -8.89 2.44 4.58
2016-12-31 2.70 -9.04 2.53 4.73
2016-09-30 1.97 -8.95 2.38 4.40
2016-06-30 1.62 -8.89 2.19 3.92
2016-03-31 1.17 -9.76 2.41 3.31
2015-12-31 1.06 -9.81 2.25 2.84
2015-09-30 1.16 -10.33 2.49 2.96
2015-06-30 2.05 -10.61 2.92 3.25
2015-03-31 3.06 -14.49 3.31 3.97
2014-12-31 3.68 -15.17 3.69 4.40
2014-09-30 4.45 -16.05 4.08 4.73
2014-06-30 4.69 -16.73 4.23 4.77
2014-03-31 4.91 -13.45 4.21 4.66
2013-12-31 5.60 -13.22 4.22 4.58
2013-09-30 6.61 -14.42 3.92 4.36
2013-06-30 7.49 -14.01 4.30 4.66
2013-03-31 9.32 -9.09 4.28 4.59
2012-12-31 9.71 -15.24 4.76 4.82
2012-09-30 10.58 -13.30 5.24 5.16
2012-06-30 13.39 -13.76 5.39 5.20

*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 Enablence Technologies 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 Enablence Technologies 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 Enablence Technologies 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 Enablence 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 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.
Enablence 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.

ENA Health

 How is Enablence 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 Enablence Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Enablence Technologies's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Enablence Technologies has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Enablence 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.
  • High level of physical assets or inventory.
  • Enablence Technologies 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 Enablence Technologies Company Filings, last reported 2 months ago.

TSXV:ENA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -20.60 18.56 0.10
2018-12-31 -17.56 16.20 0.15
2018-09-30 -15.89 14.95 0.18
2018-06-30 -14.17 13.44 0.11
2018-03-31 -11.42 12.69 1.34
2017-12-31 -9.60 10.28 0.12
2017-09-30 -6.97 9.02 1.05
2017-06-30 -4.42 9.44 5.09
2017-03-31 -5.51 5.44 0.06
2016-12-31 -4.24 4.83 0.54
2016-09-30 -4.61 3.82 0.37
2016-06-30 -2.69 1.71 0.65
2016-03-31 -0.36 0.20 0.77
2015-12-31 -1.39 1.03 0.69
2015-09-30 -6.12 5.12 0.73
2015-06-30 -5.60 4.63 0.17
2015-03-31 -3.04 4.27 0.16
2014-12-31 -0.87 3.43 0.85
2014-09-30 -0.98 3.47 0.45
2014-06-30 0.74 2.87 1.19
2014-03-31 6.97 2.08 0.95
2013-12-31 9.87 2.43 3.98
2013-09-30 13.10 2.68 7.03
2013-06-30 -5.77 15.74 0.59
2013-03-31 -2.19 14.88 2.90
2012-12-31 -6.18 18.42 2.23
2012-09-30 -5.44 21.01 2.05
2012-06-30 -0.90 19.66 3.97
  • Enablence Technologies has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Enablence Technologies'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.

  • Enablence Technologies has less than a year of cash runway based on current free cash flow.
  • Enablence Technologies has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6.7% each year.
X
Financial health checks
We assess Enablence 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. Enablence Technologies 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.

ENA Dividends

 What is Enablence 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 Enablence Technologies dividends.
If you bought CA$2,000 of Enablence 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 Enablence Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Enablence 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:ENA 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.

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

  • Unable to perform a dividend volatility check as Enablence Technologies has not reported any payouts.
  • Unable to verify if Enablence Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Enablence Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Enablence 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 Enablence Technologies'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 Enablence Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Enablence 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.

ENA Management

 What is the CEO of Enablence 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
Steve Wang
TENURE AS CEO 0.3 years
CEO Bio

Mr. Steve Wang has been the Chief Executive Officer of Enablence Technologies Inc. since February 06, 2019. He served as Chief Technology Officer of Alien Technology Corporation since October 16, 2015. Mr. Wang lead Alien’s engineering, operations and product management teams worldwide. Before joining Alien, he served as Chief Technology Officer and vice president of Global Research & Development at Checkpoint Systems. where he led the development of RFID solutions for various cloud, retail and bank security applications. He served at Hewlett Packard, Lasertron (Corning), New Wave Research, OpTun Inc. and Finisar. He holds more than 60 patents. Mr. Wang earned a Ph.D. in Electrical Engineering from Technical University in Denmark as well as a Ph.D. in Semiconductor Physics and Devices and a Bachelor’s of Science in Physics from Jilin University in China.

CEO Compensation
  • Insufficient data for Steve to compare compensation growth.
  • Insufficient data for Steve to establish whether their remuneration is reasonable compared to companies of similar size in Canada.
Management Team Tenure

Average tenure of the Enablence Technologies management team in years:

0.3
Average Tenure
  • The average tenure for the Enablence Technologies management team is less than 2 years, this suggests a new team.
Management Team

Serge Bidnyk

TITLE
Director of Research & Design
COMPENSATION
$192K
AGE
46
TENURE
12.9 yrs

Steve Wang

TITLE
Chief Executive Officer
TENURE
0.3 yrs

Gerald Leahy

TITLE
Interim CFO & Corporate Treasurer
TENURE
0.3 yrs
Board of Directors Tenure

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

1.8
Average Tenure
72
Average Age
  • The average tenure for the Enablence Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Derek Burney

TITLE
Chairman
AGE
78
TENURE
0.3 yrs

Anthony De Jong

TITLE
Director
TENURE
6.5 yrs

Jozef Straus

TITLE
Member of Advisory Board
AGE
72

Evan Chen

TITLE
Director
COMPENSATION
$214K
AGE
46
TENURE
3.5 yrs

Dan Shmitt

TITLE
Director
TENURE
1.8 yrs

Yongxing Zhu

TITLE
Director
TENURE
0.3 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 Enablence 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. Enablence 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.

ENA News

Simply Wall St News

Those Who Purchased Enablence Technologies (CVE:ENA) Shares Five Years Ago Have A 77% Loss To Show For It

View our latest analysis for Enablence Technologies Enablence Technologies recorded just US$799,000 in revenue over the last twelve months, which isn't really enough for us to consider it to have a proven product. … Investors will be hoping that Enablence Technologies can make progress and gain better traction for the business, before it runs low on cash. … Some Enablence Technologies investors have already had a taste of the bitterness stocks like this can leave in the mouth.

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The Enablence Technologies (CVE:ENA) Share Price Is Down 67% So Some Shareholders Are Wishing They Sold

View our latest analysis for Enablence Technologies. … Investors will be hoping that Enablence Technologies can make progress and gain better traction for the business, before it runs low on cash. … Some Enablence Technologies investors have already had a taste of the bitterness stocks like this can leave in the mouth.

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How Should Investors Feel About Enablence Technologies Inc's (CVE:ENA) CEO Pay?

How Does Evan Chen's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m. … It would therefore appear that Enablence Technologies Inc pays Evan Chen more than the median CEO remuneration at companies of a similar size, in the same market

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Why Enablence Technologies Inc's (CVE:ENA) Investor Composition Impacts Your Returns

In this article, I will take a quick look at Enablence Technologies Inc’s (CVE:ENA) recent ownership structure – an unconventional investing subject, but an important one. … The impact of a company's ownership structure affects both its short- and long-term performance. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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Who Are The Largest Shareholders In Enablence Technologies Inc (CVE:ENA)?

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Another important group of owners for potential investors in ENA are private companies that hold a stake of 11.74% in ENA. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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When Will Enablence Technologies Inc (CVE:ENA) Come Back To Market?

Enablence Technologies may need to come to market again, but the question is, when? … TSXV:ENA Income Statement May 14th 18 When will Enablence Technologies need to raise more cash? … However, even with declining costs, the current level of cash is not enough to sustain Enablence Technologies’s operations and the company may need to come to market to raise more capital within the year.

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Interested In Enablence Technologies Inc (CVE:ENA)? Here's How It Performed Recently

See our latest analysis for Enablence Technologies Was ENA weak performance lately part of a long-term decline? … TSXV:ENA Income Statement Mar 15th 18 We can further analyze Enablence Technologies's loss by looking at what the industry has been experiencing over the past few years. … This shows that despite the fact that Enablence Technologies is presently unprofitable, any recent headwind the industry is experiencing, Enablence Technologies is relatively better-cushioned than its peers.What does this mean?

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Should You Be Concerned About Enablence Technologies Inc's (CVE:ENA) Investors?

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. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: ENA's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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When Will Enablence Technologies Inc (CVE:ENA) Need To Raise More Money?

Today I’ve examined Enablence Technologies’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … TSXV:ENA Income Statement Feb 12th 18 When will Enablence Technologies need to raise more cash? … However, even with declining costs, the current level of cash is not enough to sustain Enablence Technologies’s operations and the company may need to come to market to raise more capital within the year.

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Why Enablence Technologies Inc's (CVE:ENA) CEO Salary Matters To You

Therefore I will use earnings as a proxy of Chen's performance in the past year. … TSXV:ENA Past Future Earnings Dec 23rd 17 Is ENA's CEO overpaid relative to the market? … Normally I'd use market cap and profit as factors determining performance, however, ENA's negative earnings reduces the usefulness of my formula.

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ENA Company Info

Description

Enablence Technologies Inc. designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets worldwide. The company offers a line of transmit optical sub-assembly (TOSA) and receive optical sub-assembly (ROSA) products; a range of arrayed waveguide gratings; multicast switches and iROAD solutions for multi-channel reconfigurable optical add/drop multiplexer; and PLC-based VOA/Multiplexer modules. It also provides optical component design, custom wafer fabrication, hybrid integration, and packaging and testing services for telecommunications, aerospace, defense, and bio/chemical-sensor markets. In addition, the company offers optical splitters, such as splitter chips, splitter modules, and polarization maintaining splitter modules; and optical channel monitors for optical power detection of individual channels on a multiplex of DWDM wavelengths. Enablence Technologies Inc. is headquartered in Ottawa, Canada.

Details
Name: Enablence Technologies Inc.
ENA
Exchange: TSXV
Founded:
CA$16,048,185
641,927,418
Website: http://www.enablence.com
Address: Enablence Technologies Inc.
390 March Road,
Suite 119,
Ottawa,
Ontario, K2K 0G7,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ENA Common Shares TSX Venture Exchange CA CAD 06. Aug 2002
OTCPK ENAF.F Common Shares Pink Sheets LLC US USD 06. Aug 2002
DB MEU2 Common Shares Deutsche Boerse AG DE EUR 06. Aug 2002
Number of employees
Current staff
Staff numbers
0
Enablence Technologies employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 00:02
End of day share price update: 2019/06/13 00:00
Last earnings filing: 2019/05/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


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.