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XAR

XaarLSE:XAR Stock Report

Market Cap

UK£115.5m

7D

-2.4%

1Y

-8.0%

Updated

30 Nov, 2021

Data

Company Financials +
XAR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

XAR Stock Overview

Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas.

Price History & Performance

Summary of all time highs, changes and price drops for Xaar
Historical stock prices
Current Share PriceUK£1.49
52 Week HighUK£2.60
52 Week LowUK£1.08
Beta2.32
1 Month Change-13.87%
3 Month Change-31.65%
1 Year Change-8.03%
3 Year Change-6.11%
5 Year Change-63.07%
Change since IPO30.13%

Recent News & Updates

Aug 03
Here's Why We're Not At All Concerned With Xaar's (LON:XAR) Cash Burn Situation

Here's Why We're Not At All Concerned With Xaar's (LON:XAR) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Shareholder Returns

XARGB TechGB Market
7D-2.4%-2.3%-2.6%
1Y-8.0%-2.3%10.9%

Return vs Industry: XAR underperformed the UK Tech industry which returned -0.2% over the past year.

Return vs Market: XAR underperformed the UK Market which returned 13.8% over the past year.

Price Volatility

Is XAR's price volatile compared to industry and market?
XAR volatility
XAR Average Weekly Movement7.5%
Tech Industry Average Movement5.5%
Market Average Movement4.9%
10% most volatile stocks in GB Market9.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: XAR is more volatile than 75% of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: XAR's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
1990388Robert Millshttps://www.xaar.com

Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas. It operates through Printhead and Product Print Systems segments. The company offers print head products, including Irix, Nitrox, Xaar 2002, Xaar 1003 C, Xaar 1003 U, Xaar 1003 AMx, Xaar 1003 Amp, Xaar 502 S, Xaar 502 O, Xaar 501, Xaar 128, and Xaar 2001+ U; and system components, such as ink system test kit, print manager, hydra ink supply system, midas ink supply system, inkjet development system, head personality card 3, and 2001+ head personality card, as well as industrial inkjet printers, F-Jet24 and bottle jet digital multi-pass scanning systems, and KP-KE analogue systems-pneumatic driven and servo-driven machines.

Xaar Fundamentals Summary

How do Xaar's earnings and revenue compare to its market cap?
XAR fundamental statistics
Market CapUK£115.49m
Earnings (TTM)-UK£3.94m
Revenue (TTM)UK£50.61m

2.3x

P/S Ratio

-29.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XAR income statement (TTM)
RevenueUK£50.61m
Cost of RevenueUK£35.76m
Gross ProfitUK£14.85m
ExpensesUK£18.79m
Earnings-UK£3.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.051
Gross Margin29.34%
Net Profit Margin-7.78%
Debt/Equity Ratio0%

How did XAR perform over the long term?

See historical performance and comparison

Valuation

Is Xaar undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XAR (£1.49) is trading below our estimate of fair value (£3.16)

Significantly Below Fair Value: XAR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XAR is unprofitable, so we can't compare its PE Ratio to the European Tech industry average.

PE vs Market: XAR 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 XAR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XAR is overvalued based on its PB Ratio (2.4x) compared to the XE Tech industry average (1.8x).


Future Growth

How is Xaar forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

90.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XAR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).

Earnings vs Market: XAR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XAR's is expected to become profitable in the next 3 years.

Revenue vs Market: XAR's revenue (12.6% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: XAR's revenue (12.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XAR's Return on Equity is forecast to be low in 3 years time (12.5%).


Past Performance

How has Xaar performed over the past 5 years?

-62.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XAR is currently unprofitable.

Growing Profit Margin: XAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XAR is unprofitable, and losses have increased over the past 5 years at a rate of 62.3% per year.

Accelerating Growth: Unable to compare XAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XAR is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (50.7%).


Return on Equity

High ROE: XAR has a negative Return on Equity (-14.07%), as it is currently unprofitable.


Financial Health

How is Xaar's financial position?


Financial Position Analysis

Short Term Liabilities: XAR's short term assets (£49.6M) exceed its short term liabilities (£21.3M).

Long Term Liabilities: XAR's short term assets (£49.6M) exceed its long term liabilities (£2.2M).


Debt to Equity History and Analysis

Debt Level: XAR is debt free.

Reducing Debt: XAR has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.

Debt Coverage: XAR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: XAR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Xaar current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XAR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XAR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: XAR is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XAR's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Robert Mills

2.08yrs

Tenure

UK£511,000

Compensation

Dr. Robert John Mills has been Chief Executive Officer and Executive Director of Xaar plc since October 11, 2019. Dr. Mills was Head of Printhead Business Unit at Xaar plc since August 2019 until October 2...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD676.60K) is about average for companies of similar size in the UK market ($USD560.47K).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: XAR's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: XAR's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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.


Top Shareholders

Company Information

Xaar plc's employee growth, exchange listings and data sources


Key Information

  • Name: Xaar plc
  • Ticker: XAR
  • Exchange: LSE
  • Founded: 1990
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: UK£115.492m
  • Shares outstanding: 77.51m
  • Website: https://www.xaar.com

Number of Employees


Location

  • Xaar plc
  • 3950 Cambridge Research Park
  • Waterbeach
  • Cambridge
  • Cambridgeshire
  • CB25 9PE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 21:32
End of Day Share Price2021/11/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.