Seeing Machines
Market Cap
UK£141.4m
Last Updated
2019/12/09 20:53 UTC
Data Sources
Company Financials +
Executive Summary
Seeing Machines Limited provides driver monitoring technologies in Australia, North America, the Asia Pacific, Europe, and internationally.
Snowflake Analysis
High growth potential with excellent balance sheet.
Similar Companies
Share Price & News
How has Seeing Machines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEE has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
SEE
0.3%
GB Electronic
0.1%
GB Market
1 Year Return
-2.8%
SEE
28.6%
GB Electronic
9.8%
GB Market
Return vs Industry: SEE underperformed the UK Electronic industry which returned 28.6% over the past year.
Return vs Market: SEE underperformed the UK Market which returned 9.8% over the past year.
Shareholder returns
| SEE | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.3% | 0.1% |
| 30 Day | -8.1% | 3.1% | -0.2% |
| 90 Day | 8.2% | 10.4% | 2.0% |
| 1 Year | -2.8%-2.8% | 30.8%28.6% | 15.5%9.8% |
| 3 Year | -5.0%-5.0% | 71.2%63.2% | 20.1%4.8% |
| 5 Year | -25.7%-25.7% | 128.8%109.7% | 44.5%11.5% |
Price Volatility Vs. Market
How volatile is Seeing Machines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Companies Like Seeing Machines (LON:SEE) Are In A Position To Invest In Growth1 month ago | Simply Wall St
If You Had Bought Seeing Machines (LON:SEE) Stock Five Years Ago, You'd Be Sitting On A 23% Loss, Today1 month ago | Simply Wall St
Does Seeing Machines (LON:SEE) Have A Healthy Balance Sheet?Valuation
Is Seeing Machines undervalued compared to its fair value and its price relative to the market?
3.12x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SEE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SEE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SEE is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: SEE is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SEE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SEE is overvalued based on its PB Ratio (3.1x) compared to the GB Electronic industry average (2.2x).
Next Steps
Future Growth
How is Seeing Machines forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
86.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: SEE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SEE's is expected to become profitable in the next 3 years.
Revenue vs Market: SEE's revenue (38.7% per year) is forecast to grow faster than the UK market (3.6% per year).
High Growth Revenue: SEE's revenue (38.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SEE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Seeing Machines performed over the past 5 years?
-42.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEE is currently unprofitable.
Growing Profit Margin: SEE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SEE is unprofitable, and losses have increased over the past 5 years at a rate of -42.2% per year.
Accelerating Growth: Unable to compare SEE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SEE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-16.7%).
Return on Equity
High ROE: SEE has a negative Return on Equity (-47.45%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Seeing Machines's financial position?
Financial Position Analysis
Short Term Liabilities: SEE's short term assets (A$93.0M) exceed its short term liabilities (A$8.8M).
Long Term Liabilities: SEE's short term assets (A$93.0M) exceed its long term liabilities (A$1.8M).
Debt to Equity History and Analysis
Debt Level: SEE's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: SEE's debt to equity ratio has increased from 0.2% to 0.9% over the past 5 years.
Balance Sheet
Inventory Level: SEE has a low level of unsold assets or inventory.
Debt Coverage by Assets: SEE's debt is covered by short term assets (assets are 121.2x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SEE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SEE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -46.1% each year
Next Steps
Dividend
What is Seeing Machines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SEE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SEE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEE's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of Seeing Machines's salary, the management and board of directors tenure and is there insider trading?
0.5yrs
Average management tenure
CEO
Paul McGlone (54yo)
0.5yrs
Tenure
Mr. Paul Andrew McGlone serves as Chief Executive Officer and Executive Director since July 4, 2019 and served as General Manager of the Fleet division, Senior Vice President and interim Chief Executive Of ...
Management Age and Tenure
0.5yrs
Average Tenure
Experienced Management: SEE's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Age and Tenure
3.8yrs
Average Tenure
61yo
Average Age
Experienced Board: SEE's board of directors are considered experienced (3.8 years average tenure).
Insider Trading
Insider Buying: SEE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 500,000 |
| Max Price | AU$0.045 |
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.4%.
Management Team
Tim Edwards
Co-Founder & CTO
- Tenure: 19.9yrs
Seb Rougeaux
Chief Scientist of Machine Intelligence
- Tenure: 0yrs
Ken Kroeger (58yo)
Consultant
- Tenure: 0.5yrs
- Compensation: AU$686.94k
Paul McGlone (54yo)
CEO & Executive Director
- Tenure: 0.5yrs
Nicole Makin
Senior Vice-President of People
- Tenure: 0yrs
Mike Lenné
Senior Vice President of Fleet & Human Factors
- Tenure: 0yrs
Sophie Nicoll
Senior Vice President of Corporate Communications
- Tenure: 0yrs
Ryan Murphy
Chief Operating Officer
- Tenure: 1.2yrs
Michael Cameron
Interim Chief Financial Officer
- Tenure: 0.4yrs
Susan Dalliston
General Counsel & Company Secretary
- Tenure: 0yrs
Board Members
John Murray (61yo)
Independent Non-Executive Director
- Tenure: 0yrs
YK Ng (58yo)
Non-Executive Director
- Tenure: 3.8yrs
- Compensation: AU$55.24k
Rudy Burger (61yo)
Non-Executive Director
- Tenure: 5.9yrs
- Compensation: AU$75.46k
Paul McGlone (54yo)
CEO & Executive Director
- Tenure: 0.5yrs
Les Carmichael (65yo)
Non-Executive Director
- Tenure: 3.8yrs
- Compensation: AU$62.15k
Gerhard Vorster (63yo)
Independent Non-Executive Director
- Tenure: 0yrs
Kate Hill (59yo)
Chairman
- Tenure: 0.5yrs
- Compensation: AU$37.11k
Company Information
Seeing Machines Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Seeing Machines Limited
- Ticker: SEE
- Exchange: AIM
- Founded: 2000
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: UK£141.388m
- Shares outstanding: 3.31b
- Website: https://www.seeingmachines.com
Number of Employees
Location
- Seeing Machines Limited
- 80 Mildura Street
- Fyshwick
- Australian Capital Territory
- 2609
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SEE | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Dec 2005 |
| SEEM.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2005 |
| M2Z | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2005 |
Biography
Seeing Machines Limited provides driver monitoring technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It develops, sells, and licenses products, services, and technolo ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 20:53 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.