TSXV:YTY

Stock Analysis Report

Executive Summary

Wi2Wi Corporation designs, integrates, and manufactures wireless technology solutions worldwide.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.

Share Price & News

How has Wi2Wi's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

16.7%

YTY

2.4%

CA Communications

-0.2%

CA Market


1 Year Return

-26.3%

YTY

-11.0%

CA Communications

1.1%

CA Market

Return vs Industry: YTY underperformed the Canadian Communications industry which returned -11% over the past year.

Return vs Market: YTY underperformed the Canadian Market which returned 1.1% over the past year.


Shareholder returns

YTYIndustryMarket
7 Day16.7%2.4%-0.2%
30 Day16.7%-0.2%-3.3%
90 Day-12.5%-1.3%-1.6%
1 Year-26.3%-26.3%-10.5%-11.0%4.6%1.1%
3 Year16.7%16.7%2.9%0.8%13.1%3.1%
5 Year-44.0%-44.0%-17.7%-21.3%24.7%6.7%

Price Volatility Vs. Market

How volatile is Wi2Wi's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wi2Wi undervalued compared to its fair value and its price relative to the market?

29.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: YTY (CA$0.07) is trading above our estimate of fair value (CA$0.01)

Significantly Undervalued: YTY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: YTY is poor value based on its PE Ratio (29.4x) compared to the Communications industry average (24.2x).

PE vs Market: YTY is poor value based on its PE Ratio (29.4x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate YTY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: YTY is good value based on its PB Ratio (1.2x) compared to the CA Communications industry average (1.3x).


Next Steps

Future Growth

How is Wi2Wi forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

27.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: YTY's forecast earnings growth (27.5% per year) is above the savings rate (1.9%).

Earnings vs Market: YTY's earnings (27.5% per year) are forecast to grow faster than the Canadian market (13.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: YTY's revenue (16.8% per year) is forecast to grow faster than the Canadian market (5.7% per year).

High Growth Revenue: YTY's revenue (16.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if YTY's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wi2Wi performed over the past 5 years?

-19.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: YTY has become profitable over the past 5 years, growing earnings by -19.3% per year.

Accelerating Growth: YTY's earnings growth over the past year (94.2%) exceeds its 5-year average (-19.3% per year).

Earnings vs Industry: YTY earnings growth over the past year (94.2%) exceeded the Communications industry 22.8%.


Return on Equity

High ROE: YTY's Return on Equity (4.1%) is considered low.


Return on Assets

ROA vs Industry: YTY's Return on Assets is below or equal to the Communications industry average last year.


Return on Capital Employed

ROCE Improving: YTY's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Wi2Wi's financial position?


Financial Position Analysis

Short Term Liabilities: YTY's short term assets ($7.1M) exceeds its short term liabilities ($1.5M)

Long Term Liabilities: YTY's short term assets (7.1M) exceeds its long term liabilities (144.0K)


Debt to Equity History and Analysis

Debt Level: YTY is debt free.

Reducing Debt: YTY currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: YTY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: YTY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: YTY has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if YTY's debt is covered by short term assets.


Next Steps

Dividend

What is Wi2Wi's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%6.0%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate YTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate YTY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if YTY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if YTY'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 YTY's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Wi2Wi's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average board tenure


CEO

Zach Mathews (57yo)

5yrs

Tenure

US$197,193

Compensation

Mr. Zachariah J. Mathews, also known as Zach, has been the Chief Executive Officer and President of Wi2Wi Corporation since October 31, 2014. Mr. Mathews served as Chief Operation Officer of Wi2Wi Corporat ...


CEO Compensation Analysis

Compensation vs. Market: Zach's total compensation ($USD197.19K) is about average for companies of similar size in the Canadian market ($USD122.22K).

Compensation vs Earnings: Zach's compensation has been consistent with company performance over the past year.


Board Age and Tenure

0.9yrs

Average Tenure

Experienced Board: YTY's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Pierre Soulard (53yo)

    Company Secretary

    • Tenure: 0yrs
  • Zach Mathews (57yo)

    President

    • Tenure: 5yrs
    • Compensation: US$197.19k
  • Dawn Leeder

    Chief Financial Officer

    • Tenure: 3.2yrs
    • Compensation: US$150.26k

Board Members

  • Zach Mathews (57yo)

    President

    • Tenure: 5yrs
    • Compensation: US$197.19k
  • Frank Ferlaino

    Director

    • Tenure: 0.9yrs
  • Gary DuBroc

    Chairman

    • Tenure: 0.9yrs
  • Carol Hess

    Director

    • Tenure: 0.8yrs
  • Matthew Balazsi

    Director

    • Tenure: 0yrs

Company Information

Wi2Wi Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wi2Wi Corporation
  • Ticker: YTY
  • Exchange: TSXV
  • Founded: 2005
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CA$10.645m
  • Shares outstanding: 152.08m
  • Website: https://www.wi2wi.com

Location

  • Wi2Wi Corporation
  • 2107 North 1st Street
  • Suite 680
  • San Jose
  • California
  • 95131
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
YTYTSXV (TSX Venture Exchange)YesCommon SharesCACADJan 2013
ISEY.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJan 2013

Biography

Wi2Wi Corporation designs, integrates, and manufactures wireless technology solutions worldwide. It offers wireless connectivity solutions, such as multi-protocol, Wi-Fi, and MCU embedded Bluetooth modules ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:18
End of Day Share Price2019/10/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.