BST:5BT

Stock Analysis Report

Baylin Technologies

Executive Summary

Baylin Technologies Inc., through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 5BT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.5%

5BT

0.6%

DE Electronic

-2.7%

DE Market


1 Year Return

-79.6%

5BT

-27.8%

DE Electronic

-20.4%

DE Market

Return vs Industry: 5BT underperformed the German Electronic industry which returned -27.8% over the past year.

Return vs Market: 5BT underperformed the German Market which returned -20.4% over the past year.


Shareholder returns

5BTIndustryMarket
7 Day-5.5%0.6%-2.7%
30 Day-53.6%-20.0%-18.4%
90 Dayn/a-24.3%-26.7%
1 Year-79.6%-79.6%-26.3%-27.8%-18.1%-20.4%
3 Year-61.5%-61.5%-2.2%-5.3%-19.1%-25.9%
5 Year-72.3%-72.3%54.8%43.7%-19.5%-30.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 5BT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 5BT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 5BT is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 5BT is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 5BT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 5BT is good value based on its PB Ratio (0.6x) compared to the DE Electronic industry average (1.2x).


Next Steps

Future Growth

How is Baylin Technologies forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

137.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 5BT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: 5BT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 5BT's is expected to become profitable in the next 3 years.

Revenue vs Market: 5BT's revenue (3.1% per year) is forecast to grow slower than the German market (4% per year).

High Growth Revenue: 5BT's revenue (3.1% 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 5BT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Baylin Technologies performed over the past 5 years?

26.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 5BT is currently unprofitable.

Growing Profit Margin: 5BT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 5BT is unprofitable, but has reduced losses over the past 5 years at a rate of 26% per year.

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

Earnings vs Industry: 5BT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.4%).


Return on Equity

High ROE: 5BT has a negative Return on Equity (-33.31%), as it is currently unprofitable.


Next Steps

Financial Health

How is Baylin Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 5BT's short term assets (CA$64.3M) exceed its short term liabilities (CA$36.8M).

Long Term Liabilities: 5BT's short term assets (CA$64.3M) exceed its long term liabilities (CA$51.8M).


Debt to Equity History and Analysis

Debt Level: 5BT's debt to equity ratio (83.2%) is considered high.

Reducing Debt: 5BT's debt to equity ratio has increased from 17.3% to 83.2% over the past 5 years.


Balance Sheet

Inventory Level: 5BT has a high level of physical assets or inventory.

Debt Coverage by Assets: 5BT's debt is covered by short term assets (assets are 1.3x 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: 5BT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 5BT has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 7.8% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 5BT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 5BT'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 5BT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 5BT'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 5BT's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Randy Dewey (51yo)

5s

Tenure

CA$810,049

Compensation

Mr. Randy L. Dewey has been President and Chief Executive Officer at Baylin Technologies Inc. since August 24, 2015 and served as its Vice-Chairman since March 2015. Mr. Dewey served as the Interim Chief E ...


CEO Compensation Analysis

Compensation vs Market: Randy's total compensation ($USD570.20K) is above average for companies of similar size in the German market ($USD427.28K).

Compensation vs Earnings: Randy's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Randy Dewey
President5yrsCA$810.05k0.47% CA$99.1k
Michael Wolfe
Chief Financial Officer2.75yrsCA$397.50k0.025% CA$5.2k
Mike Moon
President of Asia Pacific5.75yrsCA$644.04kno data
Jerry Kirshman
President of Americas/EMEAno dataCA$733.36kno data
John Restivo
President of Advantech Wireless2yrsCA$593.77k0.029% CA$6.0k
Minya Gavrilovic
COO & CTO1.25yrsno data0.048% CA$10.0k
Philip Mohtadi
General Counsel1.25yrsno datano data
Kelly Myles
Marketing & Communications Managerno datano datano data
Daniel Kim
Executive Vice President of Corporate Development1.5yrsno datano data
Clifford Connors
Executive Vice President of Networkingno dataCA$228.99kno data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 5BT's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Randy Dewey
President5yrsCA$810.05k0.47% CA$99.1k
Barry Reiter
Lead Directorno dataCA$40.00k0.097% CA$20.4k
Jeffrey Royer
Chairman of the Board6.58yrsCA$150.00k48.98% CA$10.3m
Donald Simmonds
Independent Director6.42yrsCA$30.00kno data
David Gelerman
Director2.17yrsno datano data
Harold Wolkin
Independent Vice Chairman of the Boardno dataCA$75.00k0.83% CA$175.2k
Janice Davis
Director0.92yrno datano data
David Saska
Independent Director1.92yrsCA$20.00kno data

4.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 5BT's board of directors are considered experienced (4.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.6%.


Top Shareholders

Company Information

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


Key Information

  • Name: Baylin Technologies Inc.
  • Ticker: 5BT
  • Exchange: BST
  • Founded: 1978
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: CA$32.610m
  • Listing Market Cap: CA$20.992m
  • Shares outstanding: 40.26m
  • Website: https://www.baylintech.com

Number of Employees


Location

  • Baylin Technologies Inc.
  • 60 Columbia Way
  • Suite 205
  • Markham
  • Ontario
  • L3R 0C9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BYLTSX (The Toronto Stock Exchange)YesCommon SharesCACADNov 2013
5BTBST (Boerse-Stuttgart)YesCommon SharesDEEURNov 2013
BYLT.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 2013
5BTDB (Deutsche Boerse AG)YesCommon SharesDEEURNov 2013

Biography

Baylin Technologies Inc., through its subsidiaries, engages in the research, designs, development, manufacture, and sale of a range of passive and active radio frequency (RF) and terrestrial microwave products in the North American and Asia. It offers embedded antennas for use in handsets, tablets, and other mobile devices; device-specific antenna designs for Wi-Fi routers; gateway devices for smart home connectivity, set-top boxes, and land mobile radio products; and indoor and outdoor distributed antenna systems (DAS), and small cell system antennas. The company offers its products under the Galtronics, Advantech Wireless, Alga Microwave, and Mitec brands. It serves mobile, embedded, DAS, base station antenna, and small cell markets. Baylin Technologies Inc. was founded in 1978 and is headquartered in Markham, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 02:43
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.