Energous Corporation develops wire-free charging solutions.
+ 1 more risk
Adequate balance sheet with limited growth.
Share Price & News
How has Energous's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WATT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WATT underperformed the US Electrical industry which returned 2.8% over the past year.
Return vs Market: WATT underperformed the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Energous's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDoes Energous Corporation's (NASDAQ:WATT) CEO Pay Matter?
1 month ago | Simply Wall StCould Energous Corporation's (NASDAQ:WATT) Investor Composition Influence The Stock Price?
2 months ago | Simply Wall StRead This Before Buying Energous Corporation (NASDAQ:WATT) Shares
Is Energous undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate WATT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate WATT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: WATT is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.
PE vs Market: WATT 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 WATT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WATT is overvalued based on its PB Ratio (7.3x) compared to the US Electrical industry average (2.4x).
How is Energous forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if WATT's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if WATT's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WATT's revenue (109.3% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: WATT's revenue (109.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WATT's Return on Equity is forecast to be high in 3 years time
How has Energous performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WATT is currently unprofitable.
Growing Profit Margin: WATT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WATT is unprofitable, and losses have increased over the past 5 years at a rate of -8.9% per year.
Accelerating Growth: Unable to compare WATT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WATT is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-20.9%).
Return on Equity
High ROE: WATT has a negative Return on Equity (-196.48%), as it is currently unprofitable.
How is Energous's financial position?
Financial Position Analysis
Short Term Liabilities: WATT's short term assets ($20.4M) exceed its short term liabilities ($3.2M).
Long Term Liabilities: WATT's short term assets ($20.4M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: WATT is debt free.
Reducing Debt: WATT had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WATT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WATT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.2% each year
What is Energous's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WATT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WATT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WATT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WATT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WATT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Rizzone (71yo)
Mr. Stephen R. Rizzone, also known as Steve, has been the Chief Executive Officer and President of Energous Corporation since October 2013. Mr. Rizzone served as the Chief Executive Officer and Chairman of ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD593.13K) is about average for companies of similar size in the US market ($USD612.38K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||5yrs||US$934.69k||0.22% $285.8k|
|COO & Executive VP of Engineering||6yrs||US$1.53m||0.20% $258.5k|
|Senior Vice President of Marketing & Strategy||1.5yrs||no data||0.19% $245.9k|
Experienced Management: WATT's management team is seasoned and experienced (5.5 years average tenure).
|Independent Director||1.33yrs||US$305.53k||0.034% $44.3k|
|Member of Advisory Board||6yrs||no data||no data|
|Independent Director||0.92yr||US$171.39k||no data|
|Independent Director||0.92yr||US$171.45k||no data|
|Independent Chairman of the Board||2.33yrs||US$366.51k||0.21% $276.3k|
|Member of Advisory Board||3.33yrs||no data||no data|
|Member of Advisory Board||2.5yrs||no data||no data|
|Independent Director||0.92yr||US$169.80k||no data|
Experienced Board: WATT's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WATT insiders have only sold shares 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 34.4%.
Energous Corporation's company bio, employee growth, exchange listings and data sources
- Name: Energous Corporation
- Ticker: WATT
- Exchange: NasdaqCM
- Founded: 2012
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$129.175m
- Shares outstanding: 40.88m
- Website: https://www.energous.com
Number of Employees
- Energous Corporation
- 3590 North First Street
- Suite 210
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WATT||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Mar 2014|
|116||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2014|
|0IH3||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Mar 2014|
Energous Corporation develops wire-free charging solutions. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was founded in 2012 and is headquartered in San Jose, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 00:02|
|End of Day Share Price||2020/07/13 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.