AMEX:FTNW

Stock Analysis Report

Executive Summary

FTE Networks, Inc., together with its subsidiaries, offers technology-oriented solutions for smart platforms, network infrastructure, and buildings in the United States.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Risks

  • FTE Networks has significant price volatility in the past 3 months.
  • FTE Networks's last earnings update was 272 days ago.
  • FTE Networks is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.1%

AMEX:FTNW

-2.7%

US Construction

-1.0%

US Market


1 Year Return

-94.1%

AMEX:FTNW

-12.8%

US Construction

-0.4%

US Market

FTNW underperformed the Construction industry which returned -12.8% over the past year.

FTNW underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

FTNWIndustryMarket
7 Day-5.1%-2.7%-1.0%
30 Day-23.0%-8.5%-3.3%
90 Day-32.3%-3.4%0.8%
1 Year-94.1%-94.1%-12.1%-12.8%1.9%-0.4%
3 Year-94.7%-94.7%8.1%5.8%39.4%30.4%
5 Year-93.8%-93.8%-0.7%-4.0%54.2%37.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


In this section, we usually try to help investors determine whether FTE Networks is trading at an attractive price based on the cash flow it is expected to produce in the future. But as FTE Networks has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of FTNW’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through FTE Networks regulatory filings.
  • Explore potentially undervalued companies in the capital goods industry.

Future Growth

How is FTE Networks expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.5%

Forecasted Construction 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 FTE Networks 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.


Next Steps

Past Performance

How has FTE Networks performed over the past 5 years?

-65.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

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


Return on Equity

It is difficult to establish if FTE Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

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


Return on Capital Employed

It is difficult to establish if FTE Networks 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 FTE Networks's financial position?


Financial Position Analysis

FTE Networks's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

FTE Networks's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

FTE Networks has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if FTE Networks's debt level has increased considering it has negative shareholder equity.


Balance Sheet

Low level of unsold assets.

FTE Networks has negative shareholder equity (liabilities exceed assets) therefore debt is not 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.

FTE Networks has sufficient cash runway for 1.2 years based on current free cash flow.

FTE Networks has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of -8.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as FTE Networks 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 FTE Networks's salary, the management and board of directors tenure and is there insider trading?

0.2yrs

Average management tenure


CEO

Fred Sacramone (49yo)

0.2yrs

Tenure

US$500,000

Compensation

Mr. Fred Sacramone is President of Benchmark Builders, Inc. He is a Director at FTE Networks, Inc. since December 2017 and also serves as its Chief Executive Officer since 2019 and served as its Co-Interim ...


Management Age and Tenure

0.2yrs

Average Tenure

The average tenure for the FTE Networks management team is less than 2 years, this suggests a new team.


Board Age and Tenure

0.3yrs

Average Tenure

59yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$10,56013 Dec 18
Christopher Ferguson
EntityIndividual
Shares3,000
Max PriceUS$3.52
BuyUS$13,06013 Dec 18
Christopher Ferguson
EntityIndividual
Shares1,000
Max PriceUS$13.06
BuyUS$9,86310 Dec 18
Donal Mitchell
EntityIndividual
Shares2,515
Max PriceUS$3.93
BuyUS$11,70007 Dec 18
Fred Sacramone
EntityIndividual
Role
CEO, President of Benchmark Builders
Member of the Board of Directors
Shares3,000
Max PriceUS$3.90
BuyUS$9,75307 Dec 18
Patrick O'Hare
EntityIndividual
Shares2,350
Max PriceUS$4.15
BuyUS$23,97003 Dec 18
David Lethem
EntityIndividual
Shares5,000
Max PriceUS$4.84
BuyUS$3,87903 Dec 18
Michael Palleschi
EntityIndividual
Shares898
Max PriceUS$4.32
BuyUS$55,10029 Nov 18
Michael Palleschi
EntityIndividual
Shares10,000
Max PriceUS$5.51
BuyUS$4,66028 Nov 18
Michael Palleschi
EntityIndividual
Shares1,000
Max PriceUS$4.66
BuyUS$4,59028 Nov 18
David Lethem
EntityIndividual
Shares1,000
Max PriceUS$4.59
BuyUS$93,81027 Nov 18
David Lethem
EntityIndividual
Shares21,000
Max PriceUS$4.51
BuyUS$148,35027 Nov 18
Michael Palleschi
EntityIndividual
Shares35,000
Max PriceUS$4.41
BuyUS$24,78030 Aug 18
David Lethem
EntityIndividual
Shares2,000
Max PriceUS$12.39
BuyUS$69,69029 Aug 18
Michael Palleschi
EntityIndividual
Shares5,500
Max PriceUS$12.98

Ownership Breakdown


Management Team

  • Sarah Winner

    Vice President of Marketing & Communications

  • Anthony Sirotka

    Senior VP of Business Development

    • Tenure: 0.2yrs
  • Kirstin Gooldy

    Chief Compliance Officer & Communications Officer and Corporate Secretary

  • Mark King

    Executive Vice President of Global Sales

    • Tenure: 2.6yrs
  • Fred Sacramone (49yo)

    CEO, President of Benchmark Builders

    • Tenure: 0.2yrs
    • Compensation: $500.00k

Board Members

  • Irv Rothman (71yo)

    Independent Director

    • Tenure: 0.2yrs
  • John Morgan

    Member of Strategic Advisory Board

    • Tenure: 2.7yrs
  • James Shiah (59yo)

    Director

    • Tenure: 0.3yrs
  • David Kalinske

    Member of Strategic Advisory Board

    • Tenure: 2.7yrs
  • Fred Sacramone (49yo)

    CEO, President of Benchmark Builders

    • Tenure: 1.7yrs
    • Compensation: $500.00k
  • Jeanne Kingsley

    Director

    • Tenure: 0.2yrs
  • Stephen Berini

    Director

    • Tenure: 0.2yrs
  • Richard Omanoff

    Independent Director

    • Tenure: 0.2yrs

Company Information

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


Key Information

  • Name: FTE Networks, Inc.
  • Ticker: FTNW
  • Exchange: AMEX
  • Founded:
  • Industry: construction and engineering
  • Sector: capital goods
  • Market Cap: US$17.166m
  • Shares outstanding: 20.46m
  • Website: Click here

Number of Employees


Location

  • FTE Networks, Inc.
  • 237 West 35th Street
  • Suite 806
  • New York
  • New York
  • 10001
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTNWAMEX (NYSE MKT LLC)YesCommon StockUSUSDJun 2013

Biography

FTE Networks, Inc., together with its subsidiaries, offers technology-oriented solutions for smart platforms, network infrastructure, and buildings in the United States. The company operates through three  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:54
End of Day Share Price2019/08/16 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.