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M.T.I Wireless Edge

AIM:MWE
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MWE
AIM
£21M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

M.T.I Wireless Edge Ltd. designs, develops, manufactures, and markets antennas and accessories for the commercial and military applications. The last earnings update was 24 days ago. More info.


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MWE Share Price and Events
7 Day Returns
0%
AIM:MWE
-0.8%
GB Communications
0.4%
GB Market
1 Year Returns
-7.7%
AIM:MWE
11.7%
GB Communications
-3.7%
GB Market
MWE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
M.T.I Wireless Edge (MWE) 0% 0% 14.3% -7.7% 17.1% 140%
GB Communications -0.8% -2.2% 4.9% 11.7% 39.1% 28.2%
GB Market 0.4% 1% 1.6% -3.7% 19% 3.4%
1 Year Return vs Industry and Market
  • MWE underperformed the Communications industry which returned 11.7% over the past year.
  • MWE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -3.7% over the past year.
Price Volatility
MWE
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for M.T.I Wireless Edge's competitors could be found in our database.

MWE Value

 Is M.T.I Wireless Edge 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 M.T.I Wireless Edge 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 M.T.I Wireless Edge.

AIM:MWE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

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 AIM:MWE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
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))
= 1.095 (1 + (1- 23%) (4.45%))
1.089
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.089 * 5.96%)
7.72%

Discounted Cash Flow Calculation for AIM:MWE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for M.T.I Wireless Edge 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.

AIM:MWE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.72%)
2019 0.53 Est @ -57.82% 0.49
2020 0.32 Est @ -40.11% 0.27
2021 0.23 Est @ -27.71% 0.18
2022 0.19 Est @ -19.03% 0.14
2023 0.16 Est @ -12.95% 0.11
2024 0.15 Est @ -8.7% 0.09
2025 0.14 Est @ -5.72% 0.08
2026 0.13 Est @ -3.64% 0.07
2027 0.13 Est @ -2.18% 0.07
2028 0.13 Est @ -1.16% 0.06
Present value of next 10 years cash flows $1.59
AIM:MWE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.13 × (1 + 1.23%) ÷ (7.72% – 1.23%)
$2.03
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2.03 ÷ (1 + 7.72%)10
$0.97
AIM:MWE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1.59 + $0.97
$2.55
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2.55 / 87.49
$0.03
AIM:MWE Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:MWE)
0.793
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $0.03 x 0.793
£0.02
Value per share (GBP) From above. £0.02
Current discount Discount to share price of £0.24
= -1 x (£0.24 - £0.02) / £0.02
-937.4%

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

  • The current share price of M.T.I Wireless Edge is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 M.T.I Wireless Edge's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are M.T.I Wireless Edge's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MWE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.03
AIM:MWE Share Price ** AIM (2019-06-14) in GBP £0.24
AIM:MWE Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.261 $0.3
Europe Communications Industry PE Ratio Median Figure of 23 Publicly-Listed Communications Companies 20.98x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.17x

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

** Primary Listing of M.T.I Wireless Edge.

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

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

= 0.3 ÷ 0.03

11.2x

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

  • M.T.I Wireless Edge is good value based on earnings compared to the Europe Communications industry average.
  • M.T.I Wireless Edge is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does M.T.I Wireless Edge's expected growth come at a high price?
Raw Data
AIM:MWE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
1.1%per year
Europe Communications Industry PEG Ratio Median Figure of 13 Publicly-Listed Communications Companies 1.67x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 576 Publicly-Listed Companies 1.48x

*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 M.T.I Wireless Edge, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on M.T.I Wireless Edge's assets?
Raw Data
AIM:MWE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.24
AIM:MWE Share Price * AIM (2019-06-14) in GBP £0.24
AIM:MWE Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.261 $0.3
United Kingdom of Great Britain and Northern Ireland Communications Industry PB Ratio Median Figure of 10 Publicly-Listed Communications Companies 1.3x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,371 Publicly-Listed Companies 1.48x
AIM:MWE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.3 ÷ 0.24

1.25x

* Primary Listing of M.T.I Wireless Edge.

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

  • M.T.I Wireless Edge is good value based on assets compared to the GB Communications industry average.
X
Value checks
We assess M.T.I Wireless Edge'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. M.T.I Wireless Edge has a total score of 3/6, 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.

MWE Future Performance

 How is M.T.I Wireless Edge expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover M.T.I Wireless Edge, 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
1.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is M.T.I Wireless Edge expected to grow at an attractive rate?
  • M.T.I Wireless Edge's earnings growth is positive but not above the low risk savings rate of 1.2%.
Growth vs Market Checks
  • M.T.I Wireless Edge's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • M.T.I Wireless Edge'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:MWE Future Growth Rates Data Sources
Data Point Source Value (per year)
AIM:MWE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 1.1%
AIM:MWE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 6.5%
United Kingdom of Great Britain and Northern Ireland Communications Industry Earnings Growth Rate Market Cap Weighted Average 29%
United Kingdom of Great Britain and Northern Ireland Communications Industry Revenue Growth Rate Market Cap Weighted Average 3.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.7%
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:MWE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:MWE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 41 1
2019-12-31 39 1
AIM:MWE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 37 2 2
2018-12-31 35 2 2
2018-09-30 37 2 2
2018-06-30 37 3 2
2018-03-31 36 4 2
2017-12-31 35 2 2
2017-09-30 31 2 2
2017-06-30 25 1 2
2017-03-31 24 1 1
2016-12-31 23 1 1
2016-09-30 24 1 1
2016-06-30 23 2 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • M.T.I Wireless Edge's earnings are expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
  • M.T.I Wireless Edge's revenue is expected to grow by 6.5% 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
AIM:MWE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from M.T.I Wireless Edge Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MWE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
AIM:MWE Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.03
2018-12-31 0.03
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.03
2017-03-31 0.03
2016-12-31 0.02
2016-09-30 0.02
2016-06-30 0.02

*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 M.T.I Wireless Edge will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess M.T.I Wireless Edge'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.
M.T.I Wireless Edge has a total score of 1/6, 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.

MWE Past Performance

  How has M.T.I Wireless Edge 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 M.T.I Wireless Edge'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.
  • M.T.I Wireless Edge has delivered over 20% year on year earnings growth in the past 5 years.
  • M.T.I Wireless Edge's 1-year earnings growth is less than its 5-year average (3.3% vs 36.1%)
  • M.T.I Wireless Edge's earnings growth has not exceeded the Europe Communications industry average in the past year (3.3% vs 17.1%).
Earnings and Revenue History
M.T.I Wireless Edge'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 M.T.I Wireless Edge Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MWE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 36.71 2.35 8.11 1.09
2018-12-31 35.47 2.34 8.04 1.09
2018-09-30 36.72 2.17 8.27 1.07
2018-06-30 36.81 2.05 8.18 1.03
2018-03-31 36.28 2.27 8.08 0.97
2017-12-31 34.65 1.95 7.88 0.93
2017-09-30 31.20 1.76 7.12 0.93
2017-06-30 24.71 1.52 6.31 0.97
2017-03-31 24.23 1.31 6.20 1.01
2016-12-31 23.28 0.94 5.99 1.08
2016-09-30 23.76 1.10 6.08 1.08
2016-06-30 22.87 1.07 6.06 1.15
2016-03-31 21.29 1.00 5.47 1.22
2015-12-31 19.58 1.22 4.73 1.22
2015-09-30 17.09 0.78 4.17 1.27
2015-06-30 15.25 0.39 3.52 1.22
2015-03-31 14.37 0.19 3.41 1.26
2014-12-31 14.34 0.25 3.57 1.23
2014-09-30 14.09 0.40 3.59 1.19
2014-06-30 13.74 0.58 3.62 1.20
2014-03-31 13.53 0.50 3.59 1.14
2013-12-31 13.42 0.39 3.48 1.13
2013-09-30 13.20 0.25 3.44 1.19
2013-06-30 13.03 0.21 3.36 1.19
2013-03-31 12.93 0.06 3.32 1.16
2012-12-31 12.71 -0.37 3.63 1.15
2012-09-30 13.06 -0.56 3.71 1.09
2012-06-30 13.76 -0.59 3.76 1.10

*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.
  • M.T.I Wireless Edge has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • M.T.I Wireless Edge used its assets more efficiently than the Europe Communications industry average last year based on Return on Assets.
  • M.T.I Wireless Edge has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess M.T.I Wireless Edge'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.
M.T.I Wireless Edge has a total score of 3/6, 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.

MWE Health

 How is M.T.I Wireless Edge'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 M.T.I Wireless Edge's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • M.T.I Wireless Edge is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • M.T.I Wireless Edge's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of M.T.I Wireless Edge'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 29.9x 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 M.T.I Wireless Edge Company Filings, last reported 2 months ago.

AIM:MWE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 21.44 1.18 6.07
2018-12-31 21.02 1.01 5.40
2018-09-30 20.26 1.51 5.35
2018-06-30 20.77 1.33 5.39
2018-03-31 21.01 1.58 5.98
2017-12-31 19.98 1.82 5.52
2017-09-30 20.05 2.06 5.35
2017-06-30 19.93 2.34 4.79
2017-03-31 19.73 2.50 4.93
2016-12-31 19.23 2.47 4.43
2016-09-30 18.96 2.68 5.10
2016-06-30 18.54 2.82 4.86
2016-03-31 18.78 3.02 5.25
2015-12-31 18.66 3.17 4.72
2015-09-30 18.21 3.37 5.11
2015-06-30 18.01 3.66 4.49
2015-03-31 17.92 1.55 6.15
2014-12-31 17.84 1.62 6.65
2014-09-30 17.78 1.69 6.05
2014-06-30 17.84 1.73 6.24
2014-03-31 18.05 2.09 6.44
2013-12-31 17.93 2.16 6.75
2013-09-30 17.68 1.88 6.65
2013-06-30 17.54 1.94 7.04
2013-03-31 17.78 2.00 7.19
2012-12-31 17.74 2.06 7.15
2012-09-30 17.57 2.13 7.03
2012-06-30 17.46 2.55 7.10
  • M.T.I Wireless Edge's level of debt (3.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (11.6% vs 3.8% today).
  • Debt is well covered by operating cash flow (220.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 27.2x coverage).
X
Financial health checks
We assess M.T.I Wireless Edge'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. M.T.I Wireless Edge 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.

MWE Dividends

 What is M.T.I Wireless Edge'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
4.96%
Current annual income from M.T.I Wireless Edge dividends. Estimated to be 5.78% next year.
If you bought £2,000 of M.T.I Wireless Edge shares you are expected to receive £99 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?
  • M.T.I Wireless Edge's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (1.97%).
  • M.T.I Wireless Edge's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.43%).
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:MWE 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 2.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.1%
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 5.4%

Industry and Market average data is calculated daily.

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

AIM:MWE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.02 1.00
2019-12-31 0.02 1.00
AIM:MWE Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-12 0.015 4.841
2019-03-11 0.015 5.588
2018-02-16 0.020 6.864
2018-02-15 0.020 5.336
2017-02-16 0.010 2.944
2016-02-17 0.011 3.750
2015-02-23 0.007 3.573
2015-02-20 0.007 4.314
2014-02-20 0.007 4.018
2014-02-19 0.007 4.004
2013-02-20 0.006 5.103
2012-02-20 0.019 19.336
2012-02-17 0.019 13.196
2011-12-21 0.019 16.464
2010-11-15 0.000 0.000
2010-08-05 0.000 0.000
2010-05-06 0.000 0.000
2009-12-31 0.000 0.000

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

  • M.T.I Wireless Edge has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • M.T.I Wireless Edge has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of M.T.I Wireless Edge's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
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 M.T.I Wireless Edge's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 M.T.I Wireless Edge afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. M.T.I Wireless Edge has a total score of 2/6, see the detailed checks below.


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

MWE Management

 What is the CEO of M.T.I Wireless Edge'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
Moni Borovitz
COMPENSATION $360,000
AGE 47
TENURE AS CEO 0.3 years
CEO Bio

Mr. Moshe Borovitz, also known as Moni, serves as an Executive Director of MTI Wireless Edge Ltd and also serves as its Chief Executive Officer since March 14, 2019. Mr. Borovitz serves as the Chief Financial Officer of MTI Computers & Software Services (1982) Ltd (also known as MTI Group). Mr. Borovitz served as the Chief Financial Officer and Finance Director of MTI Wireless Edge Ltd. until March 2019 and serves as Co-Chief Executive Officer of MTI Computers. He also serves as Deputy General Manager of M.T.I Computers & Software Services (1982), LTD. He was Consultant at Ernst & Young's Israeli affiliate Kost Forer & Gabbay, a leading Israeli certified public accountancy firm. He served as and Finance Director at MTI Computers & Software Services (1982) Ltd. Mr. Borovitz holds a Certified Public Accountant degree with a B.A. in Computer Science from Tel Aviv University and an MBA from the Ben Gurion University of the Negev.

CEO Compensation
  • Moni's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Moni's remuneration is about average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the M.T.I Wireless Edge management team in years:

1.4
Average Tenure
  • The average tenure for the M.T.I Wireless Edge management team is less than 2 years, this suggests a new team.
Management Team

Moni Borovitz

TITLE
CEO & Executive Director
COMPENSATION
$360K
AGE
47
TENURE
0.3 yrs

Dov Feiner

TITLE
Antenna Division GM & Director
COMPENSATION
$325K
AGE
62
TENURE
0.3 yrs

Shlomo Ben-Naim

TITLE
Corporate Vice President of Operations
TENURE
6.7 yrs

Haim Giller

TITLE
Chief Mechanical Engineer

Israel Saraf

TITLE
Chief Antenna Engineer
TENURE
1.4 yrs

Ilan Vainer

TITLE
Chief Mechanical Engineer
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the M.T.I Wireless Edge board of directors in years:

3.1
Average Tenure
55.5
Average Age
  • The tenure for the M.T.I Wireless Edge board of directors is about average.
Board of Directors

Zvi Borovitz

TITLE
Non-Executive Chairman
AGE
79

Moni Borovitz

TITLE
CEO & Executive Director
COMPENSATION
$360K
AGE
47

Dov Feiner

TITLE
Antenna Division GM & Director
COMPENSATION
$325K
AGE
62

Lihi Elimelech-Bechor

TITLE
Non-Executive Director
COMPENSATION
$18K
AGE
40
TENURE
4.2 yrs

Richard Bennett

TITLE
Non-Executive Director
COMPENSATION
$18K
AGE
49
TENURE
6.2 yrs

David Yariv

TITLE
Non-Executive Director
TENURE
2.1 yrs

Amnon Sofrin

TITLE
Non-Executive Director
AGE
64
TENURE
0.6 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 M.T.I Wireless Edge'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. M.T.I Wireless Edge 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.

MWE News

Simply Wall St News

Does The Data Make M.T.I Wireless Edge Ltd. (LON:MWE) An Attractive Investment?

For those interested in digger a bit deeper into my commentary, read the full report on M.T.I Wireless Edge here. … AIM:MWE Income Statement, June 6th 2019 Next Steps: For M.T.I Wireless Edge, there are three fundamental aspects you should look at: Future Outlook: What are well-informed industry analysts predicting for MWE’s future growth? … Take a look at our free research report of analyst consensus for MWE’s outlook.

Simply Wall St -

Where M.T.I Wireless Edge Ltd. (LON:MWE) Stands In Terms Of Earnings Growth Against Its Industry

Assessing M.T.I Wireless Edge Ltd.'s (LON:MWE) performance as a company requires looking at more than just a years' earnings data. … Check out our latest analysis for M.T.I Wireless Edge Were MWE's earnings stronger than its past performances and the industry? … I recommend you continue to research M.T.I Wireless Edge to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for MWE’s future growth?

Simply Wall St -

Does M.T.I Wireless Edge Ltd.'s (LON:MWE) 20% Earnings Growth Reflect The Long-Term Trend?

Today I will run you through a basic sense check to gain perspective on how M.T.I Wireless Edge is doing by comparing its latest earnings with its long-term trend as well as the performance of its communications industry peers. … View our latest analysis for M.T.I Wireless Edge? … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 32%, indicating the rate at which MWE is growing has slowed down

Simply Wall St -

Read This Before You Buy M.T.I Wireless Edge Ltd. (LON:MWE) Because Of Its P/E Ratio

M.T.I Wireless Edge has a price to earnings ratio of 11.34, based on the last twelve months. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 11.34 = $0.31 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.027

Simply Wall St -

Only 4 Days Left Until M.T.I Wireless Edge Ltd. (LON:MWE) Trades Ex-Dividend

If you are interested in cashing in on M.T.I Wireless Edge Ltd.'s (LON:MWE) upcoming dividend of US$0.015 per share, you only have 4 days left to buy the shares before its ex-dividend date, 21 March 2019, in time for dividends payable on the 05 April 2019. … Is this future income stream a compelling catalyst for dividend investors to think about the stock as an investment today? … Let's take a look at M.T.I Wireless Edge's most recent financial data to examine its dividend characteristics in more detail.

Simply Wall St -

Investors Who Bought M.T.I Wireless Edge Shares Five Years Ago Are Now Up 68%

To wit, the M.T.I Wireless Edge share price has climbed 68% in five years, easily topping the market return of 25%. … During the five years of share price growth, M.T.I Wireless Edge moved from a loss to profitability. … In fact, the M.T.I Wireless Edge stock price is 10% lower in the last three years.

Simply Wall St -

Here’s why M.T.I Wireless Edge Ltd.’s (LON:MWE) Returns On Capital Matters So Much

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Is M.T.I Wireless Edge Ltd. (LON:MWE) A Smart Choice For Dividend Investors?

Historically, M.T.I Wireless Edge Ltd. … Does M.T.I Wireless Edge tick all the boxes of a great dividend stock? … Check out our latest analysis for M.T.I Wireless Edge

Simply Wall St -

Read This Before Judging MTI Wireless Edge Ltd's (LON:MWE) ROE

Over the last twelve months M.T.I Wireless Edge has recorded a ROE of 6.9%. … That means that for every £1 worth of shareholders' equity, it generated £0.069 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should MTI Wireless Edge Ltd's (LON:MWE) Recent Earnings Decline Worry You?

After reading MTI Wireless Edge Ltd's (LON:MWE) most recent earnings announcement (30 June 2018), I found it useful to look back at how the company has performed in the past and compare this against the latest numbers. … As a long-term investor I tend to focus on earnings trend, rather than a single number at one point in time. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 32%, indicating the rate at which MWE is growing has slowed down

Simply Wall St -

MWE Company Info

Description

M.T.I Wireless Edge Ltd. designs, develops, manufactures, and markets antennas and accessories for the commercial and military applications. The company operates through Antenna; Aerostat Operation; Water Control and Management; and RF and Microwave Representative and Consultation divisions. It provides sector, directional, and omni directional antennas for various broad and narrow band wireless applications; and train, vehicular, and indoor and DAS antennas, as well as mounting kits and integrated enclosures. The company also offers broadband, tactical, and specialized communications antennas; antenna systems; RFID Antennas that include reader and UHF near field antennas; and military antennas, such as airborne, ground, and naval and submarine antennas. In addition, it provides remote control that provides water usage for agriculture, water distribution, municipal and commercial landscape, and wastewater and storm water reuse market segments. The company was founded in 1972 and is headquartered in Rosh-Ha'Ayin, Israel.

Details
Name: M.T.I Wireless Edge Ltd.
MWE
Exchange: AIM
Founded: 1972
£20,997,293
87,488,724
Website: http://www.mtiwe.com
Address: M.T.I Wireless Edge Ltd.
11 Hamelacha Street,
Afek Industrial Park,
Rosh-Ha'Ayin,
48091,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MWE Ordinary Shares London Stock Exchange AIM Market GB GBP 16. Mar 2006
Number of employees
Current staff
Staff numbers
206
M.T.I Wireless Edge employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 20:59
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/05/23
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.