XTRA:NWAY

Stock Analysis Report

Executive Summary

Nexway AG, together with its subsidiaries, provides e-commerce solutions for the electronic distribution of digital and physical goods in Germany, rest of Europe, the United States, Asia, and other countries.

Snowflake

Fundamentals

Exceptional growth potential with mediocre balance sheet.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-17.2%

NWAY

1.5%

DE IT

2.8%

DE Market


1 Year Return

46.2%

NWAY

-6.7%

DE IT

2.9%

DE Market

Return vs Industry: NWAY exceeded the German IT industry which returned -6.7% over the past year.

Return vs Market: NWAY exceeded the German Market which returned 2.9% over the past year.


Share holder returns

NWAYIndustryMarket
7 Day-17.2%1.5%2.8%
30 Day-36.8%-2.7%-0.2%
90 Day-15.8%-4.4%0.9%
1 Year46.2%46.2%-6.2%-6.7%6.2%2.9%
3 Year4.8%4.8%151.3%144.8%18.2%8.0%
5 Year6.7%6.7%322.8%305.2%43.1%23.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Undervalued: NWAY (€14.4) is trading below our estimate of fair value (€344.98)

Significantly Undervalued: NWAY is trading below fair value by more than 20%.


Price Based on Earnings

PE vs Industry: Insufficient data to calculate NWAY's PE Ratio to determine if it is good value compared to the IT industry average.

PE vs Market: Insufficient data to calculate NWAY's PE Ratio to determine if it is good value compared to the German market.


Price Based on Expected Growth

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


Price Based on Value of Assets

PB vs Industry: Insufficient data to calculate NWAY's PB Ratio to determine if it is good value.


Next Steps

Future Growth

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

96.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Earnings vs Savings Rate: NWAY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: NWAY is forecast to become profitable over the next 3 year, which is considered above average market growth.

High Growth Earnings: NWAY's loss is forecast to worsen by 0% next year.

Revenue vs Market: NWAY's revenue (21.8% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: NWAY's revenue (21.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Estimates


Future Return on Equity

High Future ROE: NWAY's Return on Equity is forecast to be very high in 3 years time (76.7%).


Next Steps

Past Performance

How has Nexway performed over the past 5 years?

-35.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NWAY is unprofitable, and losses have increased over the past 5 years at a rate of -35.3% per year.

Accelerating Growth: Unable to compare NWAY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NWAY is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (23.5%).


Return on Equity

High ROE: NWAY has a negative Return on Equity (-138.63%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NWAY is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NWAY is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Nexway's financial position?


Financial Position Analysis

Short Term Liabilities: NWAY's short term assets (€7.9M) exceeds its short term liabilities (€7.1M)

Long Term Liabilities: NWAY's short term assets (7.9M) exceeds its long term liabilities (2.7M)


Debt to Equity History and Analysis

Debt Level: NWAY's debt to equity ratio (0.01%) is considered satisfactory

Reducing Debt: Insufficient data to determine if NWAY's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: NWAY has a low level of unsold assets or inventory.

Debt Coverage by Assets: NWAY's debt is covered by short term assets (assets are 118524.268650x debt).


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: Insufficient data to determine if NWAY has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NWAY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.9%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

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

High Dividend: Unable to evaluate NWAY'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 NWAY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NWAY'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 NWAY'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 Nexway's salary, the management and board of directors tenure and is there insider trading?

0.3yrs

Average management tenure


CEO

Victor Iezuitov (38yo)

0.3yrs

Tenure

0

Mr. Victor Iezuitov has been the Chief Financial Officer at the Native SA since June 2017 and served as its Member of Management Board since 2018. Mr. Iezuitov serves as Chief Executive Officer and Member  ...


Management Age and Tenure

0.3yrs

Average Tenure

Experienced Management: NWAY's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Age and Tenure

0.3yrs

Average Tenure

Experienced Board: NWAY's board of directors are not considered experienced ( 0.3 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

  • Casey Potenzone

    Chief Strategy Officer

    • Tenure: 0yrs
  • Victor Iezuitov (38yo)

    CEO & Member of Management Board

    • Tenure: 0.3yrs
  • Michael Baumann

    Head of the Academics Business Unit

    • Tenure: 0yrs
  • Norman Hansen

    COO & Member of Management Board

    • Tenure: 0.3yrs
  • Jens Weckbach

    Head of International Business Development Academics

    • Tenure: 1.6yrs
  • Jan Schoettelndreier

    Head of eCommerce Solutions Business

    • Tenure: 0yrs
  • Hubert Maurer

    Head of Finance & Administration

    • Tenure: 0yrs
  • Delphine Weiskopf

    Senior Vice President of Product & Marketing

    • Tenure: 0.6yrs
  • Frédéric Ribau

    Chief Technology Officer

    • Tenure: 0.2yrs
  • Christian Herkel

    Senior Vice President of Global Accounts

    • Tenure: 0.2yrs

Board Members

  • Aston Fallen

    Chairman of the Supervisory Board

    • Tenure: 0.3yrs
  • Thomas Garrahan

    Deputy Chairman of Supervisory Board

    • Tenure: 0.3yrs
  • Matthew Baile

    Member of Supervisory Board

    • Tenure: 0.3yrs

Company Information

Nexway AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nexway AG
  • Ticker: NWAY
  • Exchange: XTRA
  • Founded: 1995
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: €9.414m
  • Shares outstanding: 653.77k
  • Website: https://corporate.nexway.com

Number of Employees


Location

  • Nexway AG
  • Vincenz-Priessnitz-Str. 3
  • Karlsruhe
  • Baden-Württemberg
  • 76131
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NWAYDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2006
NWAYXTRA (XETRA Trading Platform)YesCommon StockDEEURNov 2006
A5ABDB (Deutsche Boerse AG)SHSDEEURAug 2017

Biography

Nexway AG, together with its subsidiaries, provides e-commerce solutions for the electronic distribution of digital and physical goods in Germany, rest of Europe, the United States, Asia, and other countri ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 20:55
End of Day Share Price2019/10/14 00:00
Earnings2018/12/31
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.

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