BST:918

Stock Analysis Report

Executive Summary

ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States and South Africa.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 918's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.0%

918

0.8%

DE Software

-0.3%

DE Market


1 Year Return

-28.3%

918

37.6%

DE Software

10.9%

DE Market

Return vs Industry: 918 underperformed the German Software industry which returned 37.6% over the past year.

Return vs Market: 918 underperformed the German Market which returned 10.9% over the past year.


Shareholder returns

918IndustryMarket
7 Day1.0%0.8%-0.3%
30 Day16.3%3.2%2.6%
90 Day-17.5%15.0%11.8%
1 Year-28.3%-28.3%39.4%37.6%14.4%10.9%
3 Yearn/a61.4%55.0%24.1%13.2%
5 Yearn/a139.3%122.3%33.0%14.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

50.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 918 (€20) is trading below our estimate of fair value (€39.97)

Significantly Below Fair Value: 918 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 918 is poor value based on its PE Ratio (330.4x) compared to the Software industry average (38.3x).

PE vs Market: 918 is poor value based on its PE Ratio (330.4x) compared to the German market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: 918 is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: 918 is overvalued based on its PB Ratio (9.3x) compared to the DE Software industry average (2.9x).


Next Steps

Future Growth

How is ShotSpotter forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

68.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 918's forecast earnings growth (68.2% per year) is above the savings rate (0.2%).

Earnings vs Market: 918's earnings (68.2% per year) are forecast to grow faster than the German market (12.8% per year).

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

Revenue vs Market: 918's revenue (18.3% per year) is forecast to grow faster than the German market (4.8% per year).

High Growth Revenue: 918's revenue (18.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 918's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has ShotSpotter performed over the past 5 years?

36.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 918 has large one-off items impacting its financial results.

Growing Profit Margin: 918 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 918 has become profitable over the past 5 years, growing earnings by 36.6% per year.

Accelerating Growth: 918 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 918 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (14.8%).


Return on Equity

High ROE: 918's Return on Equity (2.7%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ShotSpotter's financial position?


Financial Position Analysis

Short Term Liabilities: 918's short term assets ($34.9M) exceeds its short term liabilities ($25.9M)

Long Term Liabilities: 918's short term assets ($34.9M) exceeds its long term liabilities (1.1M)


Debt to Equity History and Analysis

Debt Level: 918 is debt free.

Reducing Debt: 918 had no debt 5 years ago.

Debt Coverage: 918 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 918 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 918 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 918's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 918's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 918's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 918's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 918'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 918's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

3.9yrs

Average management tenure


CEO

Ralph Clark (60yo)

9.3yrs

Tenure

US$970,000

Compensation

Mr. Ralph A. Clark has been the Chief Executive Officer and President of ShotSpotter, Inc. since August 2010. He served as Venture Partner of Ascend Ventures NY II, LP., Ascend Ventures II, LP, Ascend Vent ...


CEO Compensation Analysis

Compensation vs Market: Ralph's total compensation ($USD970.00K) is above average for companies of similar size in the German market ($USD513.69K).

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


Management Age and Tenure

3.9yrs

Average Tenure

60yo

Average Age

Experienced Management: 918's management team is considered experienced (3.9 years average tenure).


Board Age and Tenure

5.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 918's board of directors are considered experienced (5 years average tenure).


Insider Trading

Insider Buying: 918 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$38,60719 Nov 19
Joseph Hawkins
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares1,911
Max PriceUS$20.20
SellUS$49,96019 Aug 19
Joseph Hawkins
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares1,911
Max PriceUS$26.59
SellUS$117,04114 Jun 19
William Bratton
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,074
Max PriceUS$38.07
SellUS$92,94912 Jun 19
Pascal Levensohn
EntityIndividual
Role
Chairman of the Board
Chair of the Board
Shares2,500
Max PriceUS$40.70
SellUS$5,78711 Jun 19
Robert Klepper
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Product Strategy
Shares145
Max PriceUS$39.91
SellUS$2,183,37010 Jun 19
RT Groos LLC
EntityCompany
Shares55,000
Max PriceUS$40.75
SellUS$403,06906 Jun 19
Thomas Groos
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,019
Max PriceUS$40.88
SellUS$315,84003 Jun 19
Ralph Clark
EntityIndividual
Role
Chief Executive Officer
President
Shares7,500
Max PriceUS$42.52
SellUS$85,41803 Jun 19
Alan Stewart
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares2,029
Max PriceUS$42.65
SellUS$48,24716 May 19
Robert Klepper
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Product Strategy
Shares1,201
Max PriceUS$40.17
SellUS$1,720,60712 Mar 19
Lauder Partners, LLC
EntityCompany
Shares43,000
Max PriceUS$40.01
BuyUS$4,20611 Mar 19
Robert Klepper
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Product Strategy
Shares121
Max PriceUS$50.60
SellUS$30,18711 Mar 19
Robert Klepper
EntityIndividual
Role
Head of Marketing
Senior Vice President of Marketing & Product Strategy
Shares746
Max PriceUS$53.05
SellUS$101,63611 Mar 19
Marc Morial
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,540
Max PriceUS$40.01
SellUS$170,66011 Mar 19
Paul Ames
EntityIndividual
Role
Chief Technology Officer
Senior Vice President of Products & Technology
Shares4,265
Max PriceUS$40.01
SellUS$2,000,70511 Mar 19
Ralph Clark
EntityIndividual
Role
Chief Executive Officer
President
Shares50,000
Max PriceUS$40.01
SellUS$170,86011 Mar 19
Gary Bunyard
EntityIndividual
Role
Head of Sales
Senior Vice President of Sales & Security
Shares4,270
Max PriceUS$40.01
SellUS$170,66011 Mar 19
Joseph Hawkins
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares4,265
Max PriceUS$40.01
SellUS$560,19711 Mar 19
Alan Stewart
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares14,000
Max PriceUS$40.01
SellUS$400,14111 Mar 19
Pascal Levensohn
EntityIndividual
Role
Chairman of the Board
Chair of the Board
Shares10,000
Max PriceUS$40.01

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.4%.


Management Team

  • Ralph Clark (60yo)

    President

    • Tenure: 9.3yrs
    • Compensation: US$970.00k
  • Gary Bunyard (60yo)

    Senior Vice President of Sales & Security

    • Tenure: 1.8yrs
    • Compensation: US$563.24k
  • Bob Showen

    Founder & CSO

    • Tenure: 25.8yrs
  • Sam Klepper (52yo)

    Senior Vice President of Marketing & Product Strategy

    • Tenure: 1.7yrs
    • Compensation: US$1.69m
  • Alan Stewart (55yo)

    CFO & Secretary

    • Tenure: 2.8yrs
    • Compensation: US$700.00k
  • Joe Hawkins (60yo)

    Senior Vice President of Operations

    • Tenure: 7.3yrs
    • Compensation: US$231.63k
  • Paul Ames (60yo)

    Senior Vice President of Products & Technology

    • Tenure: 5yrs
    • Compensation: US$220.00k
  • Robert Calhoun

    • Tenure: 0yrs
  • Jason Dunham

    • Tenure: 0yrs
  • Nasim Golzadeh (44yo)

    Senior Vice President of Customer Support & Professional Services

    • Tenure: 0.8yrs

Board Members

  • Pascal Levensohn (58yo)

    Chair of the Board

    • Tenure: 0yrs
    • Compensation: US$175.00k
  • Bill Bratton (71yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$125.00k
  • Randy Hawks (68yo)

    Independent Director

    • Tenure: 13.6yrs
    • Compensation: US$140.00k
  • Ralph Clark (60yo)

    President

    • Tenure: 9.3yrs
    • Compensation: US$970.00k
  • Marc Morial (61yo)

    Independent Director

    • Tenure: 4.2yrs
    • Compensation: US$128.75k
  • Josh Cohen

    Observer

    • Tenure: 0yrs
  • Tom Groos (62yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$125.00k
  • Merline Saintil (42yo)

    Independent Director

    • Tenure: 0.6yrs

Company Information

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


Key Information

  • Name: ShotSpotter, Inc.
  • Ticker: 918
  • Exchange: BST
  • Founded: 1996
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$266.152m
  • Listing Market Cap: US$240.495m
  • Shares outstanding: 11.43m
  • Website: https://www.shotspotter.com

Number of Employees


Location

  • ShotSpotter, Inc.
  • 7979 Gateway Boulevard
  • Suite 210
  • Newark
  • California
  • 94560
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
918BST (Boerse-Stuttgart)YesCommon StockDEEURJun 2017
SSTINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 2017

Biography

ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States and South Africa. Its solutions include ShotSpotter Flex, a public safet ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/21 22:25
End of Day Share Price2019/11/21 00:00
Earnings2019/09/30
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.