BST:7M0

Stock Analysis Report

Spectra7 Microsystems

Executive Summary

Spectra7 Microsystems Inc. operates as an analog semiconductor company in Canada and China.

Snowflake

Fundamentals

High growth potential with weak fundamentals.

Risks

  • Spectra7 Microsystems has significant price volatility in the past 3 months.
  • Spectra7 Microsystems is covered by less than 3 analysts.

Share Price & News

How has Spectra7 Microsystems's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

17.6%

BST:7M0

4.8%

DE Semiconductor

3.2%

DE Market


1 Year Return

-76.0%

BST:7M0

-23.2%

DE Semiconductor

-9.7%

DE Market

7M0 underperformed the Semiconductor industry which returned -21.7% over the past year.

7M0 underperformed the Market in Germany which returned -9.6% over the past year.


Share holder returns

7M0IndustryMarket
7 Day17.6%4.8%3.2%
30 Day15.9%-8.7%-4.4%
90 Day-28.8%-1.3%-2.0%
1 Year-76.0%-76.0%-21.9%-23.2%-6.9%-9.7%
3 Yearn/a17.2%13.4%11.8%2.2%
5 Yearn/a70.9%61.9%26.9%9.5%

Price Volatility Vs. Market

How volatile is Spectra7 Microsystems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Spectra7 Microsystems undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether Spectra7 Microsystems is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Spectra7 Microsystems 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

Future Growth

How is Spectra7 Microsystems expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

80.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Spectra7 Microsystems's revenue is expected to grow significantly at over 20% yearly.

Spectra7 Microsystems's earnings are expected to grow significantly at over 20% yearly.

Spectra7 Microsystems's revenue growth is expected to exceed the Germany market average.

Spectra7 Microsystems's earnings growth is expected to exceed the Germany market average.

Spectra7 Microsystems's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Spectra7 Microsystems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Spectra7 Microsystems performed over the past 5 years?

-3.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Spectra7 Microsystems does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Spectra7 Microsystems's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Spectra7 Microsystems's 1-year growth to the DE Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Spectra7 Microsystems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

It is difficult to establish if Spectra7 Microsystems has efficiently used its assets last year compared to the DE Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Spectra7 Microsystems improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.


Next Steps

Financial Health

How is Spectra7 Microsystems's financial position?


Financial Position Analysis

Spectra7 Microsystems's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Spectra7 Microsystems's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Spectra7 Microsystems has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if Spectra7 Microsystems's debt level has increased considering it has negative shareholder equity.


Balance Sheet

High level of physical assets or inventory.

Spectra7 Microsystems has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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.

Spectra7 Microsystems has less than a year of cash runway based on current free cash flow.

Spectra7 Microsystems has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12.3% each year.


Next Steps

Dividend

What is Spectra7 Microsystems's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Spectra7 Microsystems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Spectra7 Microsystems's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Spectra7 Microsystems has not reported any payouts.

Unable to verify if Spectra7 Microsystems's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Spectra7 Microsystems 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.


Next Steps

Management

What is the CEO of Spectra7 Microsystems's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Raouf Halim (59yo)

2.9yrs

Tenure

US$1,789,067

Compensation

Mr. Raouf Y. Halim is a Co-Founder of icClarity, Inc., and served as its Chief Executive Officer since December 2013 until November 14, 2016. Mr. Halim has been Chief Executive Officer and President of Spe ...


CEO Compensation Analysis

Raouf's remuneration is higher than average for companies of similar size in Germany.

Raouf's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.6yrs

Average Tenure

59yo

Average Age

The tenure for the Spectra7 Microsystems management team is about average.


Board Age and Tenure

5.6yrs

Average Tenure

58.5yo

Average Age

The tenure for the Spectra7 Microsystems board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,04322 Feb 19
Brian Antonen
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares15,405
Max PriceUS$0.068
SellUS$3,44322 Feb 19
Darren Ma
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares50,860
Max PriceUS$0.068
SellUS$2222 Feb 19
Ronald Pasek
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares328
Max PriceUS$0.068
SellUS$1,23722 Feb 19
Andrew Kim
EntityIndividual
Role
Chief Technology Officer
VP of Engineering & CTO
Shares18,273
Max PriceUS$0.068
SellUS$1,27622 Feb 19
Ebrahim Abunasrah
EntityIndividual
Shares18,854
Max PriceUS$0.068
SellUS$2222 Feb 19
Robert Dobkin
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares328
Max PriceUS$0.068
SellUS$5,15422 Feb 19
Raouf Halim
EntityIndividual
Role
Chief Executive Officer
Shares76,126
Max PriceUS$0.068
SellUS$85922 Feb 19
John Vettese
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares12,686
Max PriceUS$0.068
SellUS$2222 Feb 19
Roger Maggs
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares328
Max PriceUS$0.068
SellUS$6,50503 Jan 19
Ebrahim Abunasrah
EntityIndividual
Shares160,725
Max PriceUS$0.04
SellUS$37603 Jan 19
John Vettese
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,688
Max PriceUS$0.066
SellUS$12303 Jan 19
Brian Antonen
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,860
Max PriceUS$0.066
SellUS$44,45920 Dec 18
Raouf Halim
EntityIndividual
Role
Chief Executive Officer
Shares725,793
Max PriceUS$0.061
SellUS$55,53114 Dec 18
Raouf Halim
EntityIndividual
Role
Chief Executive Officer
Shares800,000
Max PriceUS$0.07
SellUS$83511 Dec 18
Ebrahim Abunasrah
EntityIndividual
Shares10,951
Max PriceUS$0.076
SellUS$5,53111 Dec 18
Darren Ma
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares72,576
Max PriceUS$0.076
SellUS$43311 Dec 18
John Vettese
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,688
Max PriceUS$0.076
SellUS$49711 Dec 18
John Mitchell
EntityIndividual
Role
Head of Marketing
Chief Marketing Officer
Shares6,519
Max PriceUS$0.076
SellUS$3,05411 Dec 18
Gerald Hamilton
EntityIndividual
Role
Head of Sales
Senior Vice President of Worldwide Sales
Shares40,071
Max PriceUS$0.076
SellUS$14211 Dec 18
Brian Antonen
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,860
Max PriceUS$0.076

Ownership Breakdown


Management Team

  • Raouf Halim (59yo)

    • Tenure: 2.9yrs
    • Compensation: US$1.79m
  • Jerry Hamilton (65yo)

    Senior Vice President of Worldwide Sales

    • Tenure: 2.3yrs
    • Compensation: US$363.27k
  • John Mitchell

    Chief Marketing Officer

    • Tenure: 4.3yrs
    • Compensation: US$277.53k
  • Andrew Kim

    VP of Engineering & CTO

    • Tenure: 6.5yrs
    • Compensation: US$263.88k
  • Darren Ma (40yo)

    Chief Financial Officer

    • Tenure: 1.8yrs
    • Compensation: US$518.09k
  • Antony Ng

    Vice President of Operations

    • Tenure: 1.8yrs

Board Members

  • Bob Dobkin (75yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$101.32k
  • Raouf Halim (59yo)

    • Tenure: 2.9yrs
    • Compensation: US$1.79m
  • Roger Maggs (73yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$97.73k
  • Brian Antonen (54yo)

    Independent Director

    • Tenure: 6.5yrs
    • Compensation: US$101.25k
  • John Vettese (50yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$104.67k
  • Ron Pasek (58yo)

    Chairman of the Board

    • Tenure: 3.7yrs
    • Compensation: US$122.51k

Company Information

Spectra7 Microsystems Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Spectra7 Microsystems Inc.
  • Ticker: 7M0
  • Exchange: BST
  • Founded:
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CA$10.764m
  • Listing Market Cap: CA$7.297m
  • Shares outstanding: 239.19m
  • Website: https://www.spectra7.com

Number of Employees


Location

  • Spectra7 Microsystems Inc.
  • 2550 North First Street
  • Suite 500
  • San Jose
  • California
  • 95131
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEVTSX (The Toronto Stock Exchange)YesCommon SharesCACADFeb 2013
SPVN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDFeb 2013
7M0DB (Deutsche Boerse AG)YesCommon SharesDEEURFeb 2013
7M0BST (Boerse-Stuttgart)YesCommon SharesDEEURFeb 2013

Biography

Spectra7 Microsystems Inc. operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active in ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 22:07
End of Day Share Price2019/08/22 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.