Loading...

Quantenna Communications

DB:419
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
419
DB
$933M
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Quantenna Communications, Inc. designs, develops, and markets wireless communication solutions enabling wireless local area networking in the Asia-Pacific, Europe, the Middle East, Africa, and the Americas. The last earnings update was 51 days ago. More info.


Add to Portfolio Compare Print
  • Quantenna Communications has significant price volatility in the past 3 months.
419 Share Price and Events
7 Day Returns
-0.3%
DB:419
-8.4%
DE Communications
1.8%
DE Market
1 Year Returns
93.6%
DB:419
17.9%
DE Communications
-6%
DE Market
419 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quantenna Communications (419) -0.3% 13.7% 82.5% 93.6% - -
DE Communications -8.4% -4.2% 23.5% 17.9% 0.2% 53.1%
DE Market 1.8% 4.6% 7.4% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • 419 outperformed the Communications industry which returned 17.9% over the past year.
  • 419 outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
419
Industry
5yr Volatility vs Market
Related Companies

419 Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Quantenna Communications to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Quantenna Communications.

DB:419 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:419
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.09
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.09 (1 + (1- 21%) (0%))
1.06
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.06 * 5.96%)
6.55%

Discounted Cash Flow Calculation for DB:419 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Quantenna Communications is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:419 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.55%)
2019 20.40 Analyst x1 19.15
2020 42.80 Analyst x1 37.70
2021 56.68 Est @ 32.44% 46.86
2022 69.60 Est @ 22.78% 54.00
2023 80.74 Est @ 16.01% 58.80
2024 89.85 Est @ 11.28% 61.41
2025 97.00 Est @ 7.96% 62.22
2026 102.47 Est @ 5.64% 61.69
2027 106.59 Est @ 4.02% 60.23
2028 109.66 Est @ 2.88% 58.15
Present value of next 10 years cash flows $520.21
DB:419 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $109.66 × (1 + 0.23%) ÷ (6.55% – 0.23%)
$1,739.01
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,739.01 ÷ (1 + 6.55%)10
$922.23
DB:419 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $520.21 + $922.23
$1,442.44
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,442.44 / 38.41
$37.55
DB:419 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:419 represents 0.86532x of NasdaqGS:QTNA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.86532x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 37.55 x 0.86532
€32.50
Value per share (EUR) From above. €32.50
Current discount Discount to share price of €21.01
= -1 x (€21.01 - €32.50) / €32.50
35.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Quantenna Communications is available for.
Intrinsic value
35%
Share price is €21.01 vs Future cash flow value of €32.5
Current Discount Checks
For Quantenna Communications to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Quantenna Communications's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Quantenna Communications's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quantenna Communications's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quantenna Communications's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:419 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-30) in USD $0.08
NasdaqGS:QTNA Share Price ** NasdaqGS (2019-04-18) in USD $24.28
Germany Communications Industry PE Ratio Median Figure of 5 Publicly-Listed Communications Companies 27.71x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quantenna Communications.

DB:419 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:QTNA Share Price ÷ EPS (both in USD)

= 24.28 ÷ 0.08

289.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantenna Communications is overvalued based on earnings compared to the DE Communications industry average.
  • Quantenna Communications is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Quantenna Communications's expected growth come at a high price?
Raw Data
DB:419 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 289.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
56.3%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:419 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 289.38x ÷ 56.3%

5.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantenna Communications is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Quantenna Communications's assets?
Raw Data
DB:419 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-30) in USD $5.48
NasdaqGS:QTNA Share Price * NasdaqGS (2019-04-18) in USD $24.28
Germany Communications Industry PB Ratio Median Figure of 7 Publicly-Listed Communications Companies 1.53x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:419 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:QTNA Share Price ÷ Book Value per Share (both in USD)

= 24.28 ÷ 5.48

4.43x

* Primary Listing of Quantenna Communications.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quantenna Communications is overvalued based on assets compared to the DE Communications industry average.
X
Value checks
We assess Quantenna Communications's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Quantenna Communications has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

419 Future Performance

 How is Quantenna Communications expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
56.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quantenna Communications expected to grow at an attractive rate?
  • Quantenna Communications's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Quantenna Communications's earnings growth is expected to exceed the Germany market average.
  • Quantenna Communications's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:419 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:419 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 56.3%
DB:419 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 14%
Germany Communications Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
Europe Communications Industry Revenue Growth Rate Market Cap Weighted Average 2.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:419 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:419 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 335 27 2
2020-12-31 299 51 26 8
2019-12-31 255 28 14 8
2018-12-31 220 25 5 9
DB:419 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-30 220 25 3
2018-09-30 199 12 34
2018-07-01 190 4 33
2018-04-01 184 14 32
2017-12-31 176 7 34
2017-10-01 173 15 2
2017-07-02 157 13 -1
2017-04-02 143 -1 -1
2017-01-01 129 2 -2
2016-09-25 117 1 -2
2016-06-26 105 -5 -2
2016-03-27 90 -3 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Quantenna Communications's earnings are expected to grow significantly at over 20% yearly.
  • Quantenna Communications's revenue is expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:419 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Quantenna Communications Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:419 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.64 0.64 0.64 1.00
2020-12-31 0.64 0.79 0.55 4.00
2019-12-31 0.35 0.40 0.30 4.00
2018-12-31 0.13 0.13 0.12 4.00
DB:419 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-30 0.08
2018-09-30 0.94
2018-07-01 0.92
2018-04-01 0.92
2017-12-31 1.00
2017-10-01 0.07
2017-07-02 -0.03
2017-04-02 -0.07
2017-01-01 -0.30
2016-09-25 -1.49
2016-06-26 -1.69
2016-03-27 -4.67

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Quantenna Communications is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Quantenna Communications's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quantenna Communications has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

419 Past Performance

  How has Quantenna Communications performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quantenna Communications's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quantenna Communications has delivered over 20% year on year earnings growth in the past 5 years.
  • Quantenna Communications's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Quantenna Communications's 1-year earnings growth is negative, it can't be compared to the Europe Communications industry average.
Earnings and Revenue History
Quantenna Communications's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quantenna Communications Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:419 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-30 220.46 3.08 35.07 71.52
2018-09-30 199.17 33.99 34.46 68.52
2018-07-01 189.93 32.91 32.84 65.74
2018-04-01 183.59 32.05 31.73 64.72
2017-12-31 176.36 34.41 29.34 59.75
2017-10-01 172.58 2.12 26.06 57.39
2017-07-02 156.57 -0.66 24.38 53.54
2017-04-02 142.52 -1.06 21.76 49.01
2017-01-01 129.07 -1.90 18.65 46.60
2016-09-25 116.99 -1.50 16.30 42.46
2016-06-26 104.69 -1.59 13.55 38.88
2016-03-27 89.83 -4.00 11.77 36.04
2015-12-27 83.77 -7.05 11.86 35.58
2014-12-28 66.86 -13.60 10.46 31.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Quantenna Communications has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Quantenna Communications used its assets less efficiently than the DE Communications industry average last year based on Return on Assets.
  • Quantenna Communications has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Quantenna Communications's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quantenna Communications has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

419 Health

 How is Quantenna Communications's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quantenna Communications's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quantenna Communications is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quantenna Communications's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quantenna Communications's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Quantenna Communications has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quantenna Communications Company Filings, last reported 3 months ago.

DB:419 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-30 206.49 0.00 136.15
2018-09-30 198.49 0.00 132.03
2018-07-01 191.49 0.00 120.08
2018-04-01 182.61 0.00 120.14
2017-12-31 180.60 3.94 118.63
2017-10-01 142.68 4.39 126.87
2017-07-02 136.57 5.01 124.39
2017-04-02 130.20 5.35 114.40
2017-01-01 128.75 5.94 117.05
2016-09-25 30.00 6.56 17.82
2016-06-26 28.76 10.07 16.94
2016-03-27 27.94 4.94 20.74
2015-12-27 29.29 5.85 18.85
2014-12-28 20.65 5.69 18.32
  • Quantenna Communications has no debt.
  • Quantenna Communications currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Quantenna Communications has no debt, it does not need to be covered by operating cash flow.
  • Quantenna Communications has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Quantenna Communications's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quantenna Communications has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

419 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Quantenna Communications dividends. Estimated to be 0% next year.
If you bought €2,000 of Quantenna Communications shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Quantenna Communications's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quantenna Communications's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:419 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:419 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 1.00
2019-12-31 0.00 1.00
2018-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Quantenna Communications has not reported any payouts.
  • Unable to verify if Quantenna Communications's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quantenna Communications's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quantenna Communications has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Quantenna Communications's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Quantenna Communications's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quantenna Communications afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quantenna Communications has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

419 Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sam Heidari
COMPENSATION $3,572,642
AGE 52
TENURE AS CEO 8.2 years
CEO Bio

Dr. Sam Heidari Ph.D. has been the Chairman of the Board of Quantenna Communications, Inc. since June 2016 and has been its Chief Executive Officer since March 2011. Dr. Heidari served as Interim Chief Executive Officer and Vice President of Research and Development of Quantenna Communications, Inc. from July 2009 to February 2011. Dr. Heidari served as Vice President of Systems and Software Engineering at Quantenna Communications, Inc. Prior to Quantenna, Dr. Heidari served as the Chief Technology Officer and a Vice President of Ikanos Communications, Inc., from August 2006 to July 2009 where he previously held many management positions, including the Vice President of Engineering. Dr. Heidari joined Ikanos Communications via acquisition of Doradus Technologies, Inc., where he served as the President and Chief Executive Officer. Prior to Doradus Technologies, he held senior management and technical positions in the areas of xDSL, cellular and satellite communications at Sony Electronics, Linkabit Wireless and Torrey Communications. He serves as Chairman of SiTune Corporation. He serves on the advisory board for the Department of Electrical Engineering at the University of Southern California. Dr. Heidari is a major Contributor in the IEEE, ITU-T, TTC and TIA-TR standard organizations. He is a Senior Member of IEEE. Dr. Heidari has authored and published over a dozen refereed journals and conference papers. He holds 20 U.S. patents and has over 10 patents pending. He has been an Executive Director at Quantenna Communications, Inc. since March 2011. Dr. Heidari earned his M.S. and Ph.D. degrees from University of Southern California and a B.S. degree from Northeastern University, all in Electrical Engineering.

CEO Compensation
  • Sam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Sam's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Quantenna Communications management team in years:

3.3
Average Tenure
52
Average Age
  • The tenure for the Quantenna Communications management team is about average.
Management Team

Sam Heidari

TITLE
Chairman of the Board & CEO
COMPENSATION
$4M
AGE
52
TENURE
8.2 yrs

Sean Sobers

TITLE
Chief Financial Officer
COMPENSATION
$1M
AGE
49
TENURE
2.8 yrs

David Carroll

TITLE
Senior Vice President of Worldwide Sales
COMPENSATION
$1M
AGE
57
TENURE
3.3 yrs

Farhat Jahangir

TITLE
Senior Vice President of Operations & Quality

Vernon Essi

TITLE
Director of Investor Relations

Tom MacMitchell

TITLE
Acting VP of Human Resources
TENURE
4.3 yrs

Simon Duxbury

TITLE
Senior Vice President of Silicon & Systems Engineering

Joe Chow

TITLE
Senior Vice President of Product & Program Management
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Quantenna Communications board of directors in years:

2.8
Average Tenure
61
Average Age
  • The average tenure for the Quantenna Communications board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sam Heidari

TITLE
Chairman of the Board & CEO
COMPENSATION
$4M
AGE
52
TENURE
2.8 yrs

Harold Hughes

TITLE
Independent Director
COMPENSATION
$185K
AGE
72
TENURE
4.5 yrs

Jack Lazar

TITLE
Independent Director
COMPENSATION
$170K
AGE
53
TENURE
2.8 yrs

Glenda Dorchak

TITLE
Director
AGE
64
TENURE
0.8 yrs

Ned Hooper

TITLE
Lead Independent Director
COMPENSATION
$175K
AGE
51

Herbert May

TITLE
Member of Business Advisory Board
AGE
68

Tadao Saito

TITLE
Member of Business Advisory Board
TENURE
11.6 yrs

Dariush Divsalar

TITLE
Member of Technical Advisory Board

John Cioffi

TITLE
Member of Technical Advisory Board
AGE
61

Yahya Rahmat-Samii

TITLE
Member of Technical Advisory Board
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Nov 18 Sell Southern Cross Venture Partners Company 07. Nov 18 09. Nov 18 -195,820 €15.66 €-3,008,133
X
Management checks
We assess Quantenna Communications's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quantenna Communications has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

419 News

Simply Wall St News

419 Company Info

Description

Quantenna Communications, Inc. designs, develops, and markets wireless communication solutions enabling wireless local area networking in the Asia-Pacific, Europe, the Middle East, Africa, and the Americas. Its solutions portfolio comprises radio frequency chips and digital baseband chips, which support the IEEE Wi-Fi standards, including 802.11n, 802.11ac, and the draft Wi-Fi 6 standard. Quantenna Communications, Inc. offers its products for home networking applications, including home gateways, repeaters, and set-top boxes, as well as retail, outdoor, small and medium business, enterprise, industrial, and consumer electronics applications. The company sells its Wi-Fi solutions directly to original equipment manufacturers and original design manufacturers; and third-party distributors. Quantenna Communications, Inc. was founded in 2005 and is headquartered in San Jose, California.

Details
Name: Quantenna Communications, Inc.
419
Exchange: DB
Founded: 2005
$829,242,159
38,409,021
Website: http://www.quantenna.com
Address: Quantenna Communications, Inc.
1704 Automation Parkway,
San Jose,
California, 95131,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS QTNA Common Stock Nasdaq Global Select US USD 28. Oct 2016
DB 419 Common Stock Deutsche Boerse AG DE EUR 28. Oct 2016
Number of employees
Current staff
Staff numbers
415
Quantenna Communications employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 21:55
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/03/29
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/30
Last annual earnings reported: 2018/12/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.