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NEWA

Neways Electronics InternationalENXTAM:NEWAY Stock Report

Last Price

€14.20

Market Cap

€173.5m

7D

1.1%

1Y

50.7%

Updated

17 Jan, 2022

Data

Company Financials
NEWAY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NEWAY Stock Overview

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides electronic components and systems worldwide.

Neways Electronics International Competitors

Unimicron Technology

TWSE:3037

NT$326.7b

Benchmark Electronics

NYSE:BHE

US$950.7m

Carlo Gavazzi Holding

SWX:GAV

CHF206.8m

Cicor Technologies

SWX:CICN

CHF162.7m

Price History & Performance

Summary of all time highs, changes and price drops for Neways Electronics International
Historical stock prices
Current Share Price€14.20
52 Week High€14.95
52 Week Low€8.54
Beta1.1
1 Month Change0.35%
3 Month Change-1.73%
1 Year Change50.74%
3 Year Change32.09%
5 Year Change41.58%
Change since IPO449.12%

Recent News & Updates

Apr 18
Neways Electronics International (AMS:NEWAY) Will Will Want To Turn Around Its Return Trends

Neways Electronics International (AMS:NEWAY) Will Will Want To Turn Around Its Return Trends

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Mar 14
These 4 Measures Indicate That Neways Electronics International (AMS:NEWAY) Is Using Debt Extensively

These 4 Measures Indicate That Neways Electronics International (AMS:NEWAY) Is Using Debt Extensively

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

NEWAYNL ElectronicNL Market
7D1.1%0.09%2.3%
1Y50.7%16.5%15.6%

Return vs Industry: NEWAY exceeded the Dutch Electronic industry which returned 15.7% over the past year.

Return vs Market: NEWAY exceeded the Dutch Market which returned 15.8% over the past year.

Price Volatility

Is NEWAY's price volatile compared to industry and market?
NEWAY volatility
NEWAY Average Weekly Movement2.1%
Electronic Industry Average Movement5.9%
Market Average Movement4.4%
10% most volatile stocks in NL Market7.2%
10% least volatile stocks in NL Market2.6%

Stable Share Price: NEWAY is less volatile than 75% of Dutch stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NEWAY's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19692,325Eric Stodelhttps://www.newayselectronics.com

Neways Electronics International N.V. operates as an electronic manufacturing service company that provides electronic components and systems worldwide. It offers development and design services, such as hardware, software, electronic, mechanical, and electro mechanical design, as well as system architecture and environmental testing services. The company also provides printed circuit board assembly, box build, cable and wire, and system integration services, as well as hybrid microelectronics.

Neways Electronics International Fundamentals Summary

How do Neways Electronics International's earnings and revenue compare to its market cap?
NEWAY fundamental statistics
Market Cap€173.49m
Earnings (TTM)-€1.60m
Revenue (TTM)€469.40m

0.4x

P/S Ratio

-108.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEWAY income statement (TTM)
Revenue€469.40m
Cost of Revenue€292.86m
Gross Profit€176.54m
Expenses€178.14m
Earnings-€1.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 25, 2022

Earnings per share (EPS)-0.13
Gross Margin37.61%
Net Profit Margin-0.34%
Debt/Equity Ratio14.7%

How did NEWAY perform over the long term?

See historical performance and comparison

Valuation

Is Neways Electronics International undervalued compared to its fair value and its price relative to the market?

1.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NEWAY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NEWAY's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: NEWAY is unprofitable, so we can't compare its PE Ratio to the Dutch market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NEWAY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NEWAY is good value based on its PB Ratio (1.7x) compared to the XE Electronic industry average (2.6x).


Future Growth

How is Neways Electronics International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.4%

Forecasted Tech industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Neways Electronics International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Neways Electronics International performed over the past 5 years?

-23.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NEWAY is currently unprofitable.

Growing Profit Margin: NEWAY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NEWAY is unprofitable, and losses have increased over the past 5 years at a rate of 23.7% per year.

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

Earnings vs Industry: NEWAY is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (33.8%).


Return on Equity

High ROE: NEWAY has a negative Return on Equity (-1.53%), as it is currently unprofitable.


Financial Health

How is Neways Electronics International's financial position?


Financial Position Analysis

Short Term Liabilities: NEWAY's short term assets (€176.3M) exceed its short term liabilities (€118.9M).

Long Term Liabilities: NEWAY's short term assets (€176.3M) exceed its long term liabilities (€30.2M).


Debt to Equity History and Analysis

Debt Level: NEWAY's net debt to equity ratio (11.3%) is considered satisfactory.

Reducing Debt: NEWAY's debt to equity ratio has reduced from 50.9% to 14.7% over the past 5 years.

Debt Coverage: NEWAY's debt is well covered by operating cash flow (47.6%).

Interest Coverage: NEWAY's interest payments on its debt are well covered by EBIT (7.7x coverage).


Balance Sheet


Dividend

What is Neways Electronics International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate NEWAY'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 NEWAY's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: NEWAY is not paying a notable dividend for the Dutch market.


Future Payout to Shareholders

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


Next Steps

Management

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

2.0yrs

Average management tenure


CEO

Eric Stodel (56 yo)

2yrs

Tenure

€456,000

Compensation

Mr. Eric Stodel is the Chief Executive Officer and Chairman of the Executive Board at Neways Electronics International N.V. since January 1, 2020. Mr. Stodel served as Chief Executive Officer of Marinoffs....


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD520.19K) is about average for companies of similar size in the Dutch market ($USD668.58K).

Compensation vs Earnings: Insufficient data to compare Eric's compensation with company performance.


Leadership Team

Experienced Management: NEWAY's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: NEWAY's board of directors are not considered experienced ( 2 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

Neways Electronics International N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Neways Electronics International N.V.
  • Ticker: NEWAY
  • Exchange: ENXTAM
  • Founded: 1969
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Implied Market Cap: €173.490m
  • Shares outstanding: 12.22m
  • Website: https://www.newayselectronics.com

Number of Employees


Location

  • Neways Electronics International N.V.
  • Science Park Eindhoven 5010
  • Son
  • Noord-Brabant
  • 5692 EA
  • Netherlands

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:00
End of Day Share Price2022/01/17 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.