Loading...

Ethernity Networks

AIM:ENET
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ENET
AIM
£8M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets worldwide. The last earnings update was 260 days ago. More info.


Add to Portfolio Compare Print
  • Ethernity Networks has significant price volatility in the past 3 months.
ENET Share Price and Events
7 Day Returns
-10.5%
AIM:ENET
-2.9%
GB Communications
-0.6%
GB Market
1 Year Returns
-57.1%
AIM:ENET
15.9%
GB Communications
-5.8%
GB Market
ENET Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ethernity Networks (ENET) -10.5% -28.2% -49% -57.1% - -
GB Communications -2.9% 0.4% 5.9% 15.9% 30.5% 22.5%
GB Market -0.6% -2.4% 1.4% -5.8% 13.1% 1.3%
1 Year Return vs Industry and Market
  • ENET underperformed the Communications industry which returned 15.9% over the past year.
  • ENET underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

ENET Value

 Is Ethernity Networks 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
  • It is not possible to calculate the future cash flow value for Ethernity Networks. This is due to cash flow or dividend data being unavailable. The share price is £0.255.
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 Ethernity Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ethernity Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:ENET PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-0.04
AIM:ENET Share Price ** AIM (2019-05-24) in GBP £0.26
AIM:ENET Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.269 $0.32
Europe Communications Industry PE Ratio Median Figure of 22 Publicly-Listed Communications Companies 20.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.22x

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

** Primary Listing of Ethernity Networks.

AIM:ENET PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:ENET Share Price ÷ EPS (both in USD)

= 0.32 ÷ -0.04

-8.77x

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

  • Ethernity Networks is loss making, we can't compare its value to the Europe Communications industry average.
  • Ethernity Networks is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Ethernity Networks's expected growth come at a high price?
Raw Data
AIM:ENET PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
42.1%per year
Europe Communications Industry PEG Ratio Median Figure of 12 Publicly-Listed Communications Companies 1.68x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 575 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Ethernity Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ethernity Networks's assets?
Raw Data
AIM:ENET PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.55
AIM:ENET Share Price * AIM (2019-05-24) in GBP £0.26
AIM:ENET Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.269 $0.32
United Kingdom of Great Britain and Northern Ireland Communications Industry PB Ratio Median Figure of 10 Publicly-Listed Communications Companies 1.31x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.49x
AIM:ENET PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:ENET Share Price ÷ Book Value per Share (both in USD)

= 0.32 ÷ 0.55

0.59x

* Primary Listing of Ethernity Networks.

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

  • Ethernity Networks is good value based on assets compared to the GB Communications industry average.
X
Value checks
We assess Ethernity Networks'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. Ethernity Networks 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.

ENET Future Performance

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

  • No analysts cover Ethernity Networks, future earnings growth has been estimated based on fundamentals.
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
42.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ethernity Networks expected to grow at an attractive rate?
  • Ethernity Networks's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • Ethernity Networks's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Ethernity Networks's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
AIM:ENET Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:ENET Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 42.1%
AIM:ENET Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 131.6%
United Kingdom of Great Britain and Northern Ireland Communications Industry Earnings Growth Rate Market Cap Weighted Average 29.2%
United Kingdom of Great Britain and Northern Ireland Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*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
AIM:ENET Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:ENET Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 17 1
2018-12-31 6 1
AIM:ENET Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 1 -2 -1
2018-03-31 1 -1 -1
2017-12-31 2 0 0
2017-09-30 2 0 0
2017-06-30 2 1 1
2017-03-31 2 0 1
2016-12-31 2 0 1
2015-12-31 2 1 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ethernity Networks's earnings are expected to grow significantly at over 20% yearly.
  • Ethernity Networks's revenue is expected to grow significantly at over 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
AIM:ENET Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Ethernity Networks Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ENET Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
AIM:ENET Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -0.04
2018-03-31 -0.02
2017-12-31 0.01
2017-09-30 0.02
2017-06-30 0.03
2017-03-31 0.04
2016-12-31 0.04
2015-12-31 0.03

*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.
  • Unable to establish if Ethernity Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ethernity Networks'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 United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Ethernity Networks has a total score of 5/6, 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.

ENET Past Performance

  How has Ethernity Networks performed over the past 5 years?

  • Ethernity Networks's last earnings update was 260 days ago.
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 Ethernity Networks'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.
  • Ethernity Networks does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ethernity Networks's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ethernity Networks's 1-year growth to the Europe Communications industry average as it is not currently profitable.
Earnings and Revenue History
Ethernity Networks'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 Ethernity Networks Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:ENET Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 0.97 -1.20 2.19 0.26
2018-03-31 1.24 -0.53 1.67 0.24
2017-12-31 1.52 0.15 1.15 0.22
2017-09-30 1.68 0.38 0.90 0.23
2017-06-30 1.84 0.62 0.65 0.25
2017-03-31 2.00 0.64 0.62 0.24
2016-12-31 2.16 0.66 0.59 0.22
2015-12-31 2.24 0.51 0.51 0.18
2014-12-31 2.19 -0.85 0.47 1.55

*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.
  • It is difficult to establish if Ethernity Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ethernity Networks has efficiently used its assets last year compared to the Europe Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ethernity Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ethernity Networks'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.
Ethernity Networks has a total score of 0/6, 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.

ENET Health

 How is Ethernity Networks'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 Ethernity Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ethernity Networks is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ethernity Networks's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ethernity Networks'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.
  • Debt is covered by short term assets, assets are 2016.9x debt.
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 Ethernity Networks Company Filings, last reported 10 months ago.

AIM:ENET Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 17.82 0.01 11.86
2018-03-31 17.82 0.01 11.86
2017-12-31 18.85 0.01 14.95
2017-09-30 18.85 0.01 14.95
2017-06-30 18.68 0.92 18.30
2017-03-31 18.68 0.92 18.30
2016-12-31 0.68 0.79 0.39
2015-12-31 -0.17 0.13 0.16
2014-12-31 -0.81 0.21 0.01
  • Ethernity Networks's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Ethernity Networks's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Ethernity Networks's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Ethernity Networks'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. Ethernity Networks has a total score of 3/6, 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.

ENET Dividends

 What is Ethernity Networks'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 Ethernity Networks dividends.
If you bought £2,000 of Ethernity Networks 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 Ethernity Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ethernity Networks'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
AIM:ENET 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 1 Analyst Estimates (S&P Global) See Below
Europe Communications Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

AIM:ENET Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

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

  • Unable to perform a dividend volatility check as Ethernity Networks has not reported any payouts.
  • Unable to verify if Ethernity Networks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ethernity Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ethernity Networks 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.
X
Income/ dividend checks
We assess Ethernity Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Ethernity Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ethernity Networks 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.

ENET Management

 What is the CEO of Ethernity Networks'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
David Levi
CEO Bio

Mr. David Levi BSC, MBA serves as Chief Executive Officer and Director of Ethernity Networks Ltd. Mr. Levi served as Chief Operating Officer of BroadLight, Inc. Mr. Levi has 12 years of rich experience in System engineering, project management and marketing and sales activities in the area of telecommunication and data communication. Before BroadLight, he served as Director for Product Marketing of ECI's Broadband Access Division. He was responsible for all marketing activities, product definition and product management. Prior to ECI Telecom, Mr. Levi served as Senior Product Marketing Manager at RAD DATA Communications where he was managed the marketing of the multi service access product line, which includes Integrated Access Devices (IAD) and cross connect equipment. He has also acted as Sales Manager of Dynamode communication, where he managed the sales and technical support activities. Prior to that, he served in the IDF as a System Engineer and Project Manager. Mr. Levi holds BSC in Electronic Engineering and MBA.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Ethernity Networks management team in years:

1.8
Average Tenure
  • The average tenure for the Ethernity Networks management team is less than 2 years, this suggests a new team.
Management Team

David Levi

TITLE
CEO & Director

Shavit Baruch

TITLE
Founder

Mark Reichenberg

TITLE
CFO, Company Secretary & Director
AGE
55
TENURE
2.2 yrs

Barak Perlman

TITLE
Chief Technology Officer
TENURE
1.8 yrs

Eugene Zetserov

TITLE
Vice President of Product Marketing
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure of the Ethernity Networks board of directors in years:

1.9
Average Tenure
  • The average tenure for the Ethernity Networks board of directors is less than 3 years, this suggests a new board.
Board of Directors

Graham Woolfman

TITLE
Independent Non-Executive Chairman
TENURE
1.9 yrs

David Levi

TITLE
CEO & Director

Shavit Baruch

TITLE
Founder

Mark Reichenberg

TITLE
CFO, Company Secretary & Director
AGE
55
TENURE
1.9 yrs

Chen Saft-Feiglin

TITLE
Independent Non-Executive Director
TENURE
1.5 yrs

Zohar Yinon

TITLE
Independent Non-Executive Director
TENURE
1.5 yrs

Neil Rafferty

TITLE
Independent Non-Executive Director
TENURE
1.9 yrs
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 (£)
X
Management checks
We assess Ethernity Networks'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. Ethernity Networks 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.

ENET News

Simply Wall St News

What Kind Of Shareholders Own Ethernity Networks Ltd. (LON:ENET)?

Generally speaking, as a company grows, institutions will increase their ownership. … Our analysis of the ownership of the company, below, shows that. … We can zoom in on the different ownership groups, to learn more about ENET

Simply Wall St -

Ethernity Networks Ltd (LON:ENET): Can It Deliver A Superior ROE To The Industry?

and looking to gauge the potential return on investment in Ethernity Networks Ltd (LON:ENET). … Ethernity Networks Ltd (LON:ENET) generated a below-average return on equity of 0.85% in the past 12 months, while its industry returned 7.76%. … ENET's results could indicate a relatively inefficient operation to its peers, and while this may be the case, it is important to understand what ROE is made up of and how it should be interpreted.

Simply Wall St -

Why Ethernity Networks Ltd (LON:ENET) Delivered An Inferior ROE Compared To The Industry

Ethernity Networks Ltd (AIM:ENET) generated a below-average return on equity of 4.06% in the past 12 months, while its industry returned 7.76%. … View our latest analysis for Ethernity Networks Breaking down Return on Equity Return on Equity (ROE) weighs Ethernity Networks’s profit against the level of its shareholders’ equity. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity AIM:ENET Last Perf May 22nd 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

Ethernity Networks Ltd (LON:ENET): Time For A Financial Health Check

Additionally, ENET has generated cash from operations of US$314.56K during the same period of time, resulting in an operating cash to total debt ratio of 39.99%, indicating that ENET’s debt is appropriately covered by operating cash. … In ENET’s case, it is able to generate 0.4x cash from its debt capital. … In ENET's, case, the ratio of 5.39x suggests that interest is appropriately covered, which means that lenders may be inclined to lend more money to the company, as it is seen as safe in terms of payback.Next Steps: ENET has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

Ethernity Networks Ltd (LON:ENET): Has Recent Earnings Growth Beaten Long-Term Trend?

Today I will take you through a basic sense check to gain perspective on how Ethernity Networks is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … Check out our latest analysis for Ethernity Networks Did ENET's recent earnings growth beat the long-term trend and the industry? … Since these values may be fairly myopic, I have estimated an annualized five-year value for Ethernity Networks's net income, which stands at US$317.95K This suggests that, generally, Ethernity Networks has been able to steadily improve its earnings over the last few years as well.

Simply Wall St -

February Top Stock Picks

Also, ENET has ample cash coverage over its short term liabilities, and its total debt is well-covered by its cash flows, portraying its strong financial capacity. … RWA has ample cash coverage over its short term liabilities, and its total debt is well-covered by its cash flows, demonstrating financial stability and good capital management. … BILN's upcoming commitments are met by its short-term assets, and its total debt is well-covered by its cash flows, demonstrating financial stability and good capital management.

Simply Wall St -

Is Ethernity Networks Ltd (LON:ENET) A Financially Sound Company?

Moreover, ENET has generated $0.3M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 39.99%, signalling that ENET’s current level of operating cash is high enough to cover debt. … In ENET's, case, the ratio of 5.39x suggests that interest is appropriately covered, which means that lenders may be less hesitant to lend out more funding as ENET’s high interest coverage is seen as responsible and safe practice.Next Steps: ENET has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level. … But, as shareholders, you should try and determine whether this level of debt is justified for ENET, especially if meeting short-term obligations could also bring about issues.

Simply Wall St -

Who Are The Top Investors In Ethernity Networks Ltd (LON:ENET)?

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Private Company Ownership Potential investors in ENET should also look at another important group of investors: private companies, with a stake of 11.42%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.What this means for you: Institutional ownership in ENET is not at a level that would concern investors.

Simply Wall St -

Has Ethernity Networks Ltd (AIM:ENET) Improved Earnings Growth In Recent Times?

Ethernity Networks's most recent twelve-month earnings is $0.6M, which compared to the prior year's level, has increased by a somewhat unexciting 5.48%. … This means that, on average, Ethernity Networks has been able to steadily grow its profits over the past couple of years as well. … Ethernity Networks's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

Simply Wall St -

How Financially Strong Is Ethernity Networks Ltd (AIM:ENET)?

See our latest analysis for ENET How does ENET’s operating cash flow stack up against its debt? … Last year, ENET’s operating cash flow was 0.64x its current debt. … A ratio of over 0.5x is a positive sign and shows that ENET is generating more than enough cash from its core business, which should increase its potential to pay back near-term debt.

Simply Wall St -

ENET Company Info

Description

Ethernity Networks Ltd. provides technology solutions for telecom, mobile, security, and data center markets worldwide. It develops and delivers network processing technology solutions for carrier Ethernet switching, including broadband access, mobile backhaul, carrier Ethernet demarcation, and data centers. The company provides flow processors for deployment in network infrastructures, such as broadband, carrier Ethernet access, mobile base station, and backhaul; ACE-NIC, an open flow enabled software acceleration NIC; ACE-Router that delivers carrier Ethernet networking and NID functionality; and ENET software suite, a software framework that includes software protocol applications for carrier Ethernet, IP, and MPLS, including security, system configuration, chassis management, and other value-added application, as well as ENET SDK solutions. It also offers SDN and NFV, mobile, broadband, carrier Ethernet VPNs, network security, and industrial IoT solutions. Ethernity Networks Ltd. was founded in 2003 and is headquartered in Lod, Israel.

Details
Name: Ethernity Networks Ltd.
ENET
Exchange: AIM
Founded: 2003
£8,301,954
32,556,686
Website: http://www.ethernitynet.com
Address: Ethernity Networks Ltd.
13A Hamelacha Street,
Lod Industrial Park,
Lod,
7152025,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM ENET Ordinary Shares London Stock Exchange AIM Market GB GBP 29. Jun 2017
Number of employees
Current staff
Staff numbers
0
Ethernity Networks employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 22:10
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/03/29
Last earnings filing: 2018/09/07
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.