Executive Summary
Enablence Technologies Inc. designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Weak fundamentals or lack of information.
Similar Companies
Share Price & News
How has Enablence Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
ENA
1.9%
CA Communications
1.6%
CA Market
1 Year Return
-60.0%
ENA
-16.8%
CA Communications
-14.5%
CA Market
Return vs Industry: ENA underperformed the Canadian Communications industry which returned -13.9% over the past year.
Return vs Market: ENA underperformed the Canadian Market which returned -14.9% over the past year.
Shareholder returns
| ENA | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.9% | 1.6% |
| 30 Day | -33.3% | 4.8% | 3.6% |
| 90 Day | -33.3% | -11.4% | -15.0% |
| 1 Year | -60.0%-60.0% | -13.2%-16.8% | -11.5%-14.5% |
| 3 Year | -84.6%-84.6% | -26.0%-30.7% | -2.2%-11.3% |
| 5 Year | -80.0%-80.0% | -17.1%-26.5% | 11.8%-4.4% |
Price Volatility Vs. Market
How volatile is Enablence Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Could The Enablence Technologies Inc. (CVE:ENA) Ownership Structure Tell Us Something Useful?3 months ago | Simply Wall St
Do Institutions Own Enablence Technologies Inc. (CVE:ENA) Shares?7 months ago | Simply Wall St
Some Enablence Technologies (CVE:ENA) Shareholders Have Taken A Painful 80% Share Price DropValuation
Is Enablence Technologies undervalued compared to its fair value and its price relative to the market?
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.
Next Steps
- Take a look at our analysis of ENA’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.
- 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 regulatory filings.
- Explore potentially undervalued companies in the Tech industry.
Future Growth
How is Enablence Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
44.5%
Forecasted Tech 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 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 SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of ENA’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.
- Enablence Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Enablence Technologies performed over the past 5 years?
4.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENA is currently unprofitable.
Growing Profit Margin: ENA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENA is unprofitable, but has reduced losses over the past 5 years at a rate of 4.6% per year.
Accelerating Growth: Unable to compare ENA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENA is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (5.6%).
Return on Equity
High ROE: ENA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Enablence Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: ENA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ENA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ENA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ENA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
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: ENA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ENA has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.2% each year.
Next Steps
Dividend
What is Enablence Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ENA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ENA'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 ENA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ENA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ENA's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Steve Wang
1.25yrs
Tenure
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. ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Research & Design | 13.83yrs | US$191.87k | no data | |
| Chief Executive Officer | 1.25yrs | no data | no data | |
| Chief Financial Officer | 0.33yr | no data | no data |
1.3yrs
Average Tenure
Experienced Management: ENA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of Advisory Board | no data | no data | no data | |
| Chairman | 1.25yrs | no data | no data | |
| Director | 7.42yrs | no data | no data | |
| Director | 2.67yrs | no data | no data | |
| Director | 1.25yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Board: ENA's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Enablence Technologies Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Enablence Technologies Inc.
- Ticker: ENA
- Exchange: TSXV
- Founded:
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: CA$6.419m
- Shares outstanding: 641.93m
- Website: https://www.enablence.com
Location
- Enablence Technologies Inc.
- 390 March Road
- Suite 119
- Ottawa
- Ontario
- K2K 0G7
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MEU2 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Aug 2002 |
| ENA | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Aug 2002 |
| ENAF.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Aug 2002 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/26 02:40 |
| End of Day Share Price | 2020/05/22 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.