NasdaqCM:WATT

Stock Analysis Report

Executive Summary

Energous Corporation develops wire-free charging solutions.

Snowflake

Fundamentals

High growth potential with adequate balance sheet.

Risks

  • Energous has significant price volatility in the past 3 months.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-6.9%

NasdaqCM:WATT

0.9%

US Electrical

0.9%

US Market


1 Year Return

-71.2%

NasdaqCM:WATT

-11.0%

US Electrical

0.3%

US Market

WATT underperformed the Electrical industry which returned -11.7% over the past year.

WATT underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

WATTIndustryMarket
7 Day-6.9%0.9%0.9%
30 Day-13.3%-5.9%-1.9%
90 Day-23.7%-3.8%1.6%
1 Year-71.2%-71.2%-9.1%-11.0%2.6%0.3%
3 Year-77.0%-77.0%23.2%16.0%41.0%31.8%
5 Year-70.7%-70.7%17.7%5.7%55.2%38.0%

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

Valuation

Is Energous undervalued based on future cash flows and its price relative to the stock market?

4.09x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Energous to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Energous to establish if it is available at substantial discount.


Price Based on Earnings

Energous is loss making, we can't compare its value to the US Electrical industry average.

Energous is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Energous, we can't assess if its growth is good value.


Price Based on Value of Assets

Energous is overvalued based on assets compared to the US Electrical industry average.


Next Steps

Future Growth

How is Energous expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

100.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Energous's revenue is expected to grow significantly at over 20% yearly.

Energous's earnings are expected to grow significantly at over 20% yearly.

Energous's revenue growth is expected to exceed the United States of America market average.

Energous's earnings growth is expected to exceed the United States of America market average.

Energous's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Energous will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Energous performed over the past 5 years?

-10.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Energous does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Energous's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Energous's 1-year growth to the US Electrical industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Energous has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Energous has efficiently used its assets last year compared to the US Electrical industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Energous improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Energous's financial position?


Financial Position Analysis

Energous is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Energous has no long term commitments.


Debt to Equity History and Analysis

Energous has no debt.

Energous currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Low level of unsold assets.

Energous has no debt, it does not need to be covered by short term assets.


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.

Energous has less than a year of cash runway based on current free cash flow.

Energous has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.1% each year.


Next Steps

Dividend

What is Energous's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Energous's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Energous's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Energous has not reported any payouts.

Unable to verify if Energous's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Energous has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Energous's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Steve Rizzone (70yo)

5.8yrs

Tenure

US$652,438

Compensation

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

Steve's remuneration is higher than average for companies of similar size in United States of America.

Steve's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

56.5yo

Average Age

The tenure for the Energous management team is about average.


Board Age and Tenure

2.4yrs

Average Tenure

71.5yo

Average Age

The average tenure for the Energous board of directors is less than 3 years, this suggests a new board.


Insider Trading

Energous individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$70,22716 Jul 19
Brian Sereda
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares15,300
Max PriceUS$4.59
SellUS$16,15424 May 19
Nicolaos Alexopoulos
EntityIndividual
Role
Member of Advisory Board
Director & Member of Advisory Board
Shares3,435
Max PriceUS$4.70

Ownership Breakdown


Management Team

  • Steve Rizzone (70yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$652.44k
  • Brian Sereda (58yo)

    Senior VP & CFO

    • Tenure: 4.1yrs
    • Compensation: US$1.46m
  • Cesar Johnston (55yo)

    COO & Executive VP of Engineering

    • Tenure: 5.1yrs
    • Compensation: US$2.24m
  • Neeraj Sahejpal (49yo)

    Senior Vice President of Marketing & Strategy

    • Tenure: 0.6yrs

Board Members

  • John Major (73yo)

    Member of Advisory Board

    • Tenure: 5.1yrs
  • Marty Cooper (90yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$691.59k
  • Steve Rizzone (70yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$652.44k
  • John Gaulding (73yo)

    Chairman Emeritus

    • Tenure: 0.0yrs
    • Compensation: US$1.25m
  • Rex Jackson (59yo)

    Independent Director

    • Tenure: 5.4yrs
    • Compensation: US$672.69k
  • Bob Griffin (52yo)

    Chairman of the Board

    • Tenure: 1.4yrs
    • Compensation: US$715.62k
  • Nick Alexopoulos (77yo)

    Director & Member of Advisory Board

    • Tenure: 2.4yrs
    • Compensation: US$342.93k
  • Carol Lindstrom (65yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$346.83k
  • Franco De Flaviis

    Member of Advisory Board

    • Tenure: 2.4yrs
  • Sheryl Wilkerson

    Member of Advisory Board

    • Tenure: 1.6yrs

Company Information

Energous Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Energous Corporation
  • Ticker: WATT
  • Exchange: NasdaqCM
  • Founded: 2012
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$111.521m
  • Shares outstanding: 30.64m
  • Website: https://www.energous.com

Number of Employees


Location

  • Energous Corporation
  • 3590 North First Street
  • Suite 210
  • San Jose
  • California
  • 95134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WATTNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDMar 2014
116DB (Deutsche Boerse AG)YesCommon StockDEEURMar 2014
0IH3LSE (London Stock Exchange)YesCommon StockGBUSDMar 2014

Biography

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  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:43
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.