| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
ENA Stock Overview
Enablence Technologies Inc., together with its subsidiaries, designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets Canada and the United States.
Enablence Technologies Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.80 |
| 52 Week High | CA$2.40 |
| 52 Week Low | CA$0.71 |
| Beta | 0.44 |
| 1 Month Change | -2.70% |
| 3 Month Change | n/a |
| 1 Year Change | 0% |
| 3 Year Change | 0% |
| 5 Year Change | -72.73% |
| Change since IPO | -99.40% |
Recent News & Updates
Shareholder Returns
| ENA | CA Communications | CA Market | |
|---|---|---|---|
| 7D | 12.5% | -1.3% | 3.2% |
| 1Y | 0% | 0.04% | -3.0% |
Return vs Industry: ENA matched the Canadian Communications industry which returned 0.9% over the past year.
Return vs Market: ENA exceeded the Canadian Market which returned -2.5% over the past year.
Price Volatility
| ENA volatility | |
|---|---|
| ENA Average Weekly Movement | 18.7% |
| Communications Industry Average Movement | 7.2% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.8% |
Stable Share Price: ENA is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: ENA's weekly volatility has decreased from 33% to 19% over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Todd Haugen | https://www.enablence.com |
Enablence Technologies Inc., together with its subsidiaries, designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets Canada and the United States. The company offers silica-based PLC optical chips used in both multiplexer and demultiplexer assembly applications and can support 400G and higher bandwidth speeds; and optical chips to serve CWDM-NRZ and FR4-PAM4 applications. It also offers coarse wavelength division multiplexing, a preferred protocol for datacenter networks; LAN-wavelength division multiplexing is seeing increasing usage for both 5G networks and datacenters; and dense wavelength division multiplexing, an original driver of optical telecommunications.
Enablence Technologies Fundamentals Summary
| ENA fundamental statistics | |
|---|---|
| Market Cap | CA$33.46m |
| Earnings (TTM) | CA$17.41m |
| Revenue (TTM) | CA$2.79m |
1.9x
P/E Ratio12.0x
P/S RatioIs ENA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ENA income statement (TTM) | |
|---|---|
| Revenue | US$2.04m |
| Cost of Revenue | US$2.46m |
| Gross Profit | -US$425.00k |
| Other Expenses | -US$13.16m |
| Earnings | US$12.73m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.68 |
| Gross Margin | -20.85% |
| Net Profit Margin | 624.73% |
| Debt/Equity Ratio | -57.4% |
How did ENA perform over the long term?
See historical performance and comparisonValuation
Is ENA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ENA?
Other financial metrics that can be useful for relative valuation.
| What is ENA's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$24.47m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 14.5x |
| Enterprise Value/EBITDA | -5.6x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does ENA's PE Ratio compare to its peers?
| ENA PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 27.8x | ||
CMI C-Com Satellite Systems | 52x | n/a | CA$58.1m |
QTRH Quarterhill | 8.7x | -114.2% | CA$188.0m |
VCM Vecima Networks | 44.7x | n/a | CA$388.3m |
TTZ Total Telcom | 5.4x | n/a | CA$2.6m |
ENA Enablence Technologies | 1.9x | n/a | CA$33.5m |
Price-To-Earnings vs Peers: ENA is good value based on its Price-To-Earnings Ratio (1.9x) compared to the peer average (27.8x).
Price to Earnings Ratio vs Industry
How does ENA's PE Ratio compare vs other companies in the North American Communications Industry?
Price-To-Earnings vs Industry: ENA is good value based on its Price-To-Earnings Ratio (1.9x) compared to the North American Communications industry average (23x)
Price to Earnings Ratio vs Fair Ratio
What is ENA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 1.9x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ENA's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of ENA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ENA's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ENA's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Enablence Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
72.5%
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.
Discover growth companies
- 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.
Past Performance
How has Enablence Technologies performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENA has a large one-off gain of $20.6M impacting its March 31 2022 financial results.
Growing Profit Margin: ENA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ENA has become profitable over the past 5 years, growing earnings by 29.5% per year.
Accelerating Growth: ENA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ENA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (15.2%).
Return on Equity
High ROE: ENA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Discover strong past performing companies
Financial Health
How is Enablence Technologies's financial position?
Financial Health Score
0/6Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
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.
Debt Coverage: ENA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ENA's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is Enablence Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
| Enablence Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (Enablence Technologies) | n/a |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Communications) | 3.6% |
| Analyst forecast in 3 Years (Enablence Technologies) | n/a |
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.
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 ENA has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Todd Haugen
0.58yr
Tenure
Mr. Todd Haugen serves as Chief Executive Officer at Enablence Technologies Inc. since March 21, 2022. Mr. Haugen before joining Q strategies, served as Chief Technology Officer for CyberSafe and held seve...
Leadership Team
Experienced Management: ENA's management team is considered experienced (2.4 years average tenure).
Board Members
Experienced Board: ENA's board of directors are considered experienced (4.4 years average tenure).
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
| Owner Type | Number of Shares | Ownership Percentage |
|---|---|---|
| Public Companies | 791,664 | 4.3% |
| Private Companies | 1,972,921 | 10.6% |
| Institutions | 2,956,521 | 15.9% |
| General Public | 4,716,715 | 25.4% |
| Individual Insiders | 8,151,757 | 43.9% |
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 247.5%.
Top Shareholders
| Ownership | Name | Shares | Current Value | Change % | Portfolio % | |
|---|---|---|---|---|---|---|
| 5,915,277 | $10.6m | 0% | no data | |||
| 1,938,484 | $3.5m | 0% | no data | |||
| 1,485,058 | $2.7m | 0% | 100% | |||
| 1,284,039 | $2.3m | 0% | no data | |||
| 1,270,292 | $2.3m | 0% | no data | |||
| 791,664 | $1.4m | 0% | no data | |||
| 408,729 | $735.7k | 0% | no data | |||
| 187,424 | $337.4k | 0% | 100% | |||
| 169,666 | $305.4k | 0% | no data | |||
| 155,178 | $279.3k | 0% | no data | |||
| 118,657 | $213.6k | 0% | no data | |||
| 94,234 | $169.6k | 0% | no data | |||
| 30,000 | $54.0k | 0% | no data | |||
| 23,851 | $42.9k | 0% | no data | |||
| 310 | $558.0 | 0% | no data |
Company Information
Enablence Technologies Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Enablence Technologies Inc.
- Ticker: ENA
- Exchange: TSXV
- Founded: 2006
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: CA$33.461m
- Shares outstanding: 18.59m
- 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 |
|---|---|---|---|---|---|---|
| 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 |
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/05 00:00 |
| End of Day Share Price | 2022/10/04 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/06/30 |
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.