Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated electronic components and systems worldwide.
Very undervalued with mediocre balance sheet.
Share Price & News
How has Neways Electronics International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEWAY has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NEWAY underperformed the Dutch Electronic industry which returned 27.4% over the past year.
Return vs Market: NEWAY underperformed the Dutch Market which returned 9.5% over the past year.
Price Volatility Vs. Market
How volatile is Neways Electronics International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StThe Neways Electronics International (AMS:NEWAY) Share Price Is Down 23% So Some Shareholders Are Getting Worried
2 weeks ago | Simply Wall StCould Neways Electronics International N.V. (AMS:NEWAY) Have The Makings Of Another Dividend Aristocrat?
1 month ago | Simply Wall StDo Institutions Own Shares In Neways Electronics International N.V. (AMS:NEWAY)?
Is Neways Electronics International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NEWAY (€8.98) is trading below our estimate of fair value (€12.97)
Significantly Below Fair Value: NEWAY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NEWAY is good value based on its PE Ratio (8.5x) compared to the Electronic industry average (19.1x).
PE vs Market: NEWAY is good value based on its PE Ratio (8.5x) compared to the Dutch market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: NEWAY is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: NEWAY is good value based on its PB Ratio (1.1x) compared to the XE Electronic industry average (2.3x).
How is Neways Electronics International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEWAY's forecast earnings growth (16.1% per year) is above the savings rate (-0.2%).
Earnings vs Market: NEWAY's earnings (16.1% per year) are forecast to grow faster than the Dutch market (12.4% per year).
High Growth Earnings: NEWAY's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEWAY's revenue (3.7% per year) is forecast to grow slower than the Dutch market (6.9% per year).
High Growth Revenue: NEWAY's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEWAY's Return on Equity is forecast to be low in 3 years time (12.8%).
How has Neways Electronics International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEWAY has high quality earnings.
Growing Profit Margin: NEWAY's current net profit margins (2.4%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: NEWAY's earnings have grown by 19.8% per year over the past 5 years.
Accelerating Growth: NEWAY's earnings growth over the past year (7.7%) is below its 5-year average (19.8% per year).
Earnings vs Industry: NEWAY earnings growth over the past year (7.7%) underperformed the Electronic industry 9.9%.
Return on Equity
High ROE: NEWAY's Return on Equity (12.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Neways Electronics International's financial position?
Financial Position Analysis
Short Term Liabilities: NEWAY's short term assets (€198.6M) exceed its short term liabilities (€151.1M).
Long Term Liabilities: NEWAY's short term assets (€198.6M) exceed its long term liabilities (€37.6M).
Debt to Equity History and Analysis
Debt Level: NEWAY's debt to equity ratio (55.2%) is considered high.
Reducing Debt: NEWAY's debt to equity ratio has increased from 1.7% to 55.2% over the past 5 years.
Debt Coverage: NEWAY's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: NEWAY's interest payments on its debt are well covered by EBIT (9.2x coverage).
Inventory Level: NEWAY has a high level of physical assets or inventory.
Debt Coverage by Assets: NEWAY's debt is covered by short term assets (assets are 3.5x debt).
What is Neways Electronics International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NEWAY's dividend (5.35%) is higher than the bottom 25% of dividend payers in the Dutch market (2.09%).
High Dividend: NEWAY's dividend (5.35%) is low compared to the top 25% of dividend payers in the Dutch market (5.53%).
Stability and Growth of Payments
Stable Dividend: NEWAY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEWAY's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.4%), NEWAY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NEWAY's dividends in 3 years are forecast to be well covered by earnings (38.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eric Stodel 0
Mr. Eric Stodel is the CEO and Chairman of the Executive Board at Neways Electronics International N.V. since January 1, 2020. He served as Chief Executive Officer of Marinoffs. Mr. Stodel has held various ...
|CFO & Director||4.8yrs||€515.00k||0.16% €177.4k|
|COO & Director||5.1yrs||€515.00k||0.14% €150.7k|
|Senior Vice President||0.08yrs||€617.00k||0.23% €252.3k|
|CEO & Chairman of the Board of Directors||0.08yrs||no data||no data|
|Director of Cable||0yrs||no data||no data|
|Corporate Head of Legal Affairs||0yrs||no data||no data|
|Corporate Head of Human Resources||0yrs||no data||no data|
|Managing Director of Neways Technologies||0yrs||no data||no data|
|Managing Director of Neways Leeuwarden B.V.||0yrs||no data||no data|
|Managing Director of Neways Industrial Systems B.V.||0yrs||no data||no data|
Experienced Management: NEWAY's management team is considered experienced (2.5 years average tenure).
|Vice Chairman of Supervisory Board||4.8yrs||no data||no data|
|Member of Supervisory Board||4.8yrs||no data||no data|
|Chairman of Supervisory Board||4.8yrs||no data||no data|
Experienced Board: NEWAY's board of directors are considered experienced (4.8 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.
Neways Electronics International N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Neways Electronics International N.V.
- Ticker: NEWAY
- Exchange: ENXTAM
- Founded: 1969
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: €108.131m
- Shares outstanding: 12.15m
- Website: https://www.newayselectronics.com
Number of Employees
- Neways Electronics International N.V.
- Science Park Eindhoven 5010
- 5692 EA
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEWAY||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Jan 1992|
|0NEB||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|NEWAYA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Neways Electronics International N.V. operates as an electronic manufacturing service company that provides integrated 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. Its solutions are used in various sectors, including the automotive, medical, defense, industrial, and semiconductor, as well as other industries. The company was founded in 1969 and is headquartered in Son, the Netherlands.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 20:53|
|End of Day Share Price||2020/02/20 00:00|
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.