NasdaqCM:BWEN

Stock Analysis Report

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Executive Summary

Broadwind, Inc. provides products to the energy, mining, and infrastructure sector customers primarily in the United States. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Broadwind's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BWEN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: BWEN's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-11.5%

BWEN

-5.0%

US Electrical

0.9%

US Market


1 Year Return

170.5%

BWEN

27.7%

US Electrical

22.1%

US Market

Return vs Industry: BWEN exceeded the US Electrical industry which returned 30.5% over the past year.

Return vs Market: BWEN exceeded the US Market which returned 22.2% over the past year.


Shareholder returns

BWENIndustryMarket
7 Day-11.5%-5.0%0.9%
30 Day2.9%7.4%10.2%
90 Day26.0%16.0%9.7%
1 Year170.5%170.5%30.3%27.7%24.8%22.1%
3 Year75.8%75.8%50.0%41.6%48.6%38.7%
5 Year102.8%102.8%75.1%62.1%99.6%77.6%

Long-Term Price Volatility Vs. Market

How volatile is Broadwind's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Broadwind 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: BWEN ($4.22) is trading below our estimate of fair value ($13.76)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BWEN is good value based on its PB Ratio (1.7x) compared to the US Electrical industry average (4.2x).


Next Steps

Future Growth

How is Broadwind forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

57.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BWEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

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

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

Revenue vs Market: BWEN's revenue (5.9% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: BWEN's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BWEN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Broadwind performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BWEN is currently unprofitable.

Growing Profit Margin: BWEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BWEN is unprofitable, and losses have increased over the past 5 years at a rate of 6.1% per year.

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

Earnings vs Industry: BWEN is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-14.7%).


Return on Equity

High ROE: BWEN has a negative Return on Equity (-2.72%), as it is currently unprofitable.


Next Steps

Financial Health

How is Broadwind's financial position?


Financial Position Analysis

Short Term Liabilities: BWEN's short term assets ($56.1M) exceed its short term liabilities ($52.8M).

Long Term Liabilities: BWEN's short term assets ($56.1M) exceed its long term liabilities ($31.0M).


Debt to Equity History and Analysis

Debt Level: BWEN's debt to equity ratio (42.3%) is considered high.

Reducing Debt: BWEN's debt to equity ratio has increased from 9.3% to 42.3% 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: BWEN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BWEN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Eric Blashford (56 yo)

0.75

Tenure

US$712,277

Compensation

Mr. Eric B. Blashford has been Chief Executive Officer, President and Director of Broadwind Energy, Inc. since March 1, 2020. He had been the Chief Operating Officer of Broadwind Energy Inc since May 01, 2...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD712.28K) is about average for companies of similar size in the US market ($USD561.84K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Eric Blashford
CEO, President & Independent Director0.75yrUS$712.28k0.57%
$ 409.9k
Jason Bonfigt
CFO, VP & Treasurer3.33yrsUS$329.78k0.35%
$ 247.5k
Joni Konstantelos
Director of Investor Relations & Corporate Communicationsno datano datano data
Michael Stegelmann
Managing Director of Broadwind Energy Europe10.33yrsno datano data
Daniel Schueller
President of Broadwind Heavy Fabrications4.58yrsno data0.15%
$ 106.8k
Gilbert Mayo
President of Broadwind Industrial Solutions2.25yrsno datano data
Wayne Hanna
President of Brad Foote Gear Works1.58yrsno data0.029%
$ 20.9k

2.8yrs

Average Tenure

57yo

Average Age

Experienced Management: BWEN's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Blashford
CEO, President & Independent Director0.75yrUS$712.28k0.57%
$ 409.9k
Stephanie Kushner
Chairman of the Board0.75yrUS$1.39m2.44%
$ 1.7m
David Reiland
Independent Director12.67yrsUS$75.00k0.49%
$ 353.7k
Cary Wood
Lead Independent Director0.75yrUS$75.00k0.27%
$ 192.0k
Thomas Wagner
Independent Director9.75yrsUS$75.00k0.35%
$ 248.3k
Terence Fox
Independent Director14.83yrsUS$75.00k2.89%
$ 2.1m
Philip Christman
Independent Director2.17yrsUS$75.00k0.16%
$ 115.4k

2.2yrs

Average Tenure

64yo

Average Age

Experienced Board: BWEN's board of directors are not considered experienced ( 2.2 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: BWEN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

Broadwind, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Broadwind, Inc.
  • Ticker: BWEN
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: US$71.477m
  • Shares outstanding: 16.94m
  • Website: https://www.bwen.com

Number of Employees


Location

  • Broadwind, Inc.
  • 3240 South Central Avenue
  • Cicero
  • Illinois
  • 60804
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9IRADB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2006
BWENNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDFeb 2006

Biography

Broadwind, Inc. provides products to the energy, mining, and infrastructure sector customers primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 23:59
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.