M.T.I Wireless Edge
Market Cap
UK£30.6m
Last Updated
2019/11/19 20:49 UTC
Data Sources
Company Financials +
Executive Summary
M.T.I Wireless Edge Ltd. designs, develops, manufactures, and markets antennas and accessories for the commercial and military applications.
Snowflake
Fundamentals
Flawless balance sheet with acceptable track record.
Share Price & News
How has M.T.I Wireless Edge's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MWE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
MWE
1.3%
GB Communications
-0.07%
GB Market
1 Year Return
94.4%
MWE
46.2%
GB Communications
6.0%
GB Market
Return vs Industry: MWE exceeded the UK Communications industry which returned 46.2% over the past year.
Return vs Market: MWE exceeded the UK Market which returned 6% over the past year.
Shareholder returns
| MWE | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.3% | -0.07% |
| 30 Day | 20.7% | 3.0% | 2.2% |
| 90 Day | 52.2% | 13.5% | 3.8% |
| 1 Year | 102.7%94.4% | 48.9%46.2% | 11.5%6.0% |
| 3 Year | 69.5%51.4% | 64.5%55.0% | 22.0%6.6% |
| 5 Year | 338.8%268.4% | 105.0%85.9% | 33.5%3.3% |
Price Volatility Vs. Market
How volatile is M.T.I Wireless Edge's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
What Kind Of Shareholders Own M.T.I Wireless Edge Ltd. (LON:MWE)?4 weeks ago | Simply Wall St
Here's What You Should Know About M.T.I Wireless Edge Ltd.'s (LON:MWE) 4.0% Dividend Yield1 month ago | Simply Wall St
Should You Be Worried About M.T.I Wireless Edge Ltd.'s (LON:MWE) 12% Return On Equity?Valuation
Is M.T.I Wireless Edge undervalued compared to its fair value and its price relative to the market?
15.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MWE (£0.35) is trading above our estimate of fair value (£0.18)
Significantly Below Fair Value: MWE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MWE is good value based on its PE Ratio (15.1x) compared to the Communications industry average (15.1x).
PE vs Market: MWE is good value based on its PE Ratio (15.1x) compared to the UK market (17x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MWE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MWE is overvalued based on its PB Ratio (1.9x) compared to the GB Communications industry average (1.7x).
Next Steps
Future Growth
How is M.T.I Wireless Edge forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
8.6%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MWE's forecast earnings growth is above the savings rate (1.2%).
Earnings vs Market: Insufficient data to determine if MWE's earnings are forecast to grow faster than the UK market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MWE's revenue (8.6% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: MWE's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MWE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has M.T.I Wireless Edge performed over the past 5 years?
35.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MWE has high quality earnings.
Growing Profit Margin: MWE's current net profit margins (7%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: MWE's earnings have grown significantly by 35.8% per year over the past 5 years.
Accelerating Growth: MWE's earnings growth over the past year (22%) is below its 5-year average (35.8% per year).
Earnings vs Industry: MWE earnings growth over the past year (22%) underperformed the Communications industry 22%.
Return on Equity
High ROE: MWE's Return on Equity (12.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is M.T.I Wireless Edge's financial position?
Financial Position Analysis
Short Term Liabilities: MWE's short term assets ($24.1M) exceeds its short term liabilities ($8.4M)
Long Term Liabilities: MWE's short term assets ($24.1M) exceeds its long term liabilities (1.5M)
Debt to Equity History and Analysis
Debt Level: MWE's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: MWE's debt to equity ratio has reduced from 9.7% to 2.9% over the past 5 years.
Debt Coverage: MWE's debt is well covered by operating cash flow (452.8%).
Interest Coverage: MWE's interest payments on its debt are well covered by EBIT (68.3x coverage).
Balance Sheet
Inventory Level: MWE has a high level of physical assets or inventory.
Debt Coverage by Assets: MWE's debt is covered by short term assets (assets are 40x debt).
Next Steps
Dividend
What is M.T.I Wireless Edge's current dividend yield, its reliability and sustainability?
3.31%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MWE's dividend (3.31%) is higher than the bottom 25% of dividend payers in the UK market (1.97%).
High Dividend: MWE's dividend (3.31%) is low compared to the top 25% of dividend payers in the UK market (5.38%).
Stability and Growth of Payments
Stable Dividend: MWE's dividend payments have been volatile in the past 10 years.
Growing Dividend: MWE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.9%), MWE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
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?
1.8yrs
Average management tenure
CEO
Moni Borovitz (48yo)
0.7yrs
Tenure
US$360,000
Compensation
Mr. Moshe Borovitz, also known as Moni, serves as an Executive Director of MTI Wireless Edge Ltd and also serves as its Chief Executive Officer since March 14, 2019. Mr. Borovitz serves as the Chief Financ ...
CEO Compensation Analysis
Compensation vs Market: Moni's total compensation ($USD360.00K) is about average for companies of similar size in the UK market ($USD321.30K).
Compensation vs Earnings: Moni's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.8yrs
Average Tenure
Experienced Management: MWE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Age and Tenure
3.5yrs
Average Tenure
56.5yo
Average Age
Experienced Board: MWE's board of directors are considered experienced (3.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Moni Borovitz (48yo)
CEO & Executive Director
- Tenure: 0.7yrs
- Compensation: US$360.00k
Dov Feiner (63yo)
Antenna Division GM & Director
- Tenure: 0yrs
- Compensation: US$325.00k
Haim Giller
Chief Mechanical Engineer
- Tenure: 0yrs
Shlomo Ben-Naim
Corporate Vice President of Operations
- Tenure: 7.1yrs
Israel Saraf
Chief Antenna Engineer
- Tenure: 1.8yrs
Ilan Vainer
Chief Mechanical Engineer
- Tenure: 1.8yrs
Board Members
Zvi Borovitz (80yo)
Non-Executive Chairman
- Tenure: 0yrs
Moni Borovitz (48yo)
CEO & Executive Director
- Tenure: 0.7yrs
- Compensation: US$360.00k
Dov Feiner (63yo)
Antenna Division GM & Director
- Tenure: 0yrs
- Compensation: US$325.00k
Richard Bennett (50yo)
Non-Executive Director
- Tenure: 6.6yrs
- Compensation: US$18.00k
Lihi Elimelech-Bechor (41yo)
Non-Executive Director
- Tenure: 4.6yrs
- Compensation: US$18.00k
Amnon Sofrin (65yo)
Non-Executive Director
- Tenure: 1yrs
David Yariv
Non-Executive Director
- Tenure: 2.5yrs
Company Information
M.T.I Wireless Edge Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: M.T.I Wireless Edge Ltd.
- Ticker: MWE
- Exchange: AIM
- Founded: 1972
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: UK£30.604m
- Shares outstanding: 87.44m
- Website: https://www.mtiwe.com
Number of Employees
Location
- M.T.I Wireless Edge Ltd.
- 11 Hamelacha Street
- Afek Industrial Park
- Rosh-Ha'Ayin
- 48091
- Israel
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MWE | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Mar 2006 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/19 20:49 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.