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WDT

Wellington Drive TechnologiesNZSE:WDT Stock Report

Market Cap

NZ$79.9m

7D

12.1%

1Y

208.3%

Updated

21 Oct, 2021

Data

Company Financials
WDT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

WDT Overview

Wellington Drive Technologies Limited, together with its subsidiaries, manufactures, markets, and sells energy saving and electronically commutated (EC) motors, controllers, and fans; and develops Internet of Things solutions and software worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Wellington Drive Technologies
Historical stock prices
Current Share PriceNZ$0.18
52 Week HighNZ$0.058
52 Week LowNZ$0.19
Beta0.92
1 Month Change48.00%
3 Month Change51.64%
1 Year Change208.33%
3 Year Change3.35%
5 Year Change17.09%
Change since IPO-98.58%

Recent News & Updates

Mar 04
Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

Did Wellington Drive Technologies Limited (NZSE:WDT) Insiders Buy Up More Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...

Nov 19
Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

Have Insiders Been Buying Wellington Drive Technologies Limited (NZSE:WDT) Shares?

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

Nov 19
John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

John McMahon Is The Non-Executive Chairman of Wellington Drive Technologies Limited (NZSE:WDT) And They Just Picked Up 14% More Shares

Investors who take an interest in Wellington Drive Technologies Limited (NZSE:WDT) should definitely note that the...

Shareholder Returns

WDTNZ ElectricalNZ Market
7D12.1%2.9%0.7%
1Y208.3%25.5%2.4%

Return vs Industry: WDT exceeded the NZ Electrical industry which returned 26.7% over the past year.

Return vs Market: WDT exceeded the NZ Market which returned 2.8% over the past year.

Price Volatility

Is WDT's price volatile compared to industry and market?
WDT volatility
WDT Beta0.92
Industry Beta0.97
Market Beta1

Stable Share Price: WDT is more volatile than 90% of NZ stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WDT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of NZ stocks.

About the Company

FoundedEmployeesCEOWebsite
198683Gottfried Pauschhttps://www.wdtl.com

Wellington Drive Technologies Limited, together with its subsidiaries, manufactures, markets, and sells energy saving and electronically commutated (EC) motors, controllers, and fans; and develops Internet of Things solutions and software worldwide. It offers ECR refrigeration fan motors, refrigeration fan assemblies, fractional horsepower ventilation fan motors, and AirMoVent shaded pole Q-motors; refrigeration control solutions; energy management devices for commercial refrigeration systems; and SCS Connect System, a fleet management system for point of sale refrigeration equipment. The company also provides marketing solutions comprising iPX Platform that connects customer’s digital marketing efforts to SCS beacons or other proximity devices; Mobile Coupon Factory, which operates as an online agency that facilitates in the design, development, and deployment of integrated mobile marketing solutions; and ScreenSmarts, which integrates with digital media screens to detect the presence of customers and interrupt normal sign content programming to display personalized contextual offers or information.

Wellington Drive Technologies Fundamentals Summary

How do Wellington Drive Technologies's earnings and revenue compare to its market cap?
WDT fundamental statistics
Market CapNZ$79.90m
Earnings (TTM)-NZ$756.00k
Revenue (TTM)NZ$46.96m

1.7x

P/S Ratio

-105.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WDT income statement (TTM)
RevenueNZ$46.96m
Cost of RevenueNZ$33.77m
Gross ProfitNZ$13.19m
ExpensesNZ$13.94m
Earnings-NZ$756.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0018
Gross Margin28.08%
Net Profit Margin-1.61%
Debt/Equity Ratio5.6%

How did WDT perform over the long term?

See historical performance and comparison

Valuation

Is Wellington Drive Technologies undervalued compared to its fair value and its price relative to the market?

5.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: WDT is unprofitable, so we can't compare its PE Ratio to the Oceanic Electrical industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WDT is overvalued based on its PB Ratio (5.1x) compared to the XO Electrical industry average (3.1x).


Future Growth

How is Wellington Drive Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.0%

Forecasted Capital Goods 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 Wellington Drive Technologies 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 Wellington Drive Technologies performed over the past 5 years?

28.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WDT is currently unprofitable.

Growing Profit Margin: WDT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WDT is unprofitable, but has reduced losses over the past 5 years at a rate of 28% per year.

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

Earnings vs Industry: WDT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (32.7%).


Return on Equity

High ROE: WDT has a negative Return on Equity (-4.83%), as it is currently unprofitable.


Financial Health

How is Wellington Drive Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: WDT's short term assets (NZ$25.6M) exceed its short term liabilities (NZ$19.8M).

Long Term Liabilities: WDT's short term assets (NZ$25.6M) exceed its long term liabilities (NZ$5.2M).


Debt to Equity History and Analysis

Debt Level: WDT's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: WDT's debt to equity ratio has reduced from 135.2% to 5.6% over the past 5 years.


Balance Sheet


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: WDT has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: WDT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.8% each year


Dividend

What is Wellington Drive Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if WDT'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 WDT's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Gottfried Pausch

0.75

Tenure

NZ$69,333

Compensation

Mr. Gottfried Pausch has been Chief Executive Officer of Actronic Ltd. (Formerly Actronic Technologies) since 2010. Mr. Pausch is consulting as an Executive in Residence for the Icehouse business growth ce...


Leadership Team

Experienced Management: WDT's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: WDT's board of directors are not considered experienced ( 2.6 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wellington Drive Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Wellington Drive Technologies Limited
  • Ticker: WDT
  • Exchange: NZSE
  • Founded: 1986
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: NZ$79.904m
  • Shares outstanding: 431.91m
  • Website: https://www.wdtl.com

Number of Employees


Location

  • Wellington Drive Technologies Limited
  • 21 Arrenway Drive
  • Rosedale
  • Auckland
  • 632
  • New Zealand

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 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.