OTCPK:NWVC.F

Stock Analysis Report

Executive Summary

EnWave Corporation licenses, builds, and installs commercial-scale dehydration platforms for applications in the food, pharmaceutical, and industrial sectors to manufacturing companies in Canada.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.

Risks

  • EnWave is covered by less than 3 analysts.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-5.4%

OTCPK:NWVC.F

1.2%

US Machinery

0.9%

US Market


1 Year Return

78.0%

OTCPK:NWVC.F

-6.7%

US Machinery

0.3%

US Market

NWVC.F outperformed the Machinery industry which returned -7.6% over the past year.

NWVC.F outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

NWVC.FIndustryMarket
7 Day-5.4%1.2%0.9%
30 Day-11.4%-7.1%-1.9%
90 Day-6.4%-2.8%1.6%
1 Year78.0%78.0%-4.8%-6.7%2.6%0.3%
3 Year77.0%77.0%37.2%28.2%41.0%31.8%
5 Year60.2%60.2%37.3%20.3%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

47%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

EnWave's share price is below the future cash flow value, and at a moderate discount (> 20%).

EnWave's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

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

EnWave 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 EnWave, we can't assess if its growth is good value.


Price Based on Value of Assets

EnWave is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is EnWave expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

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

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

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

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

EnWave'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 EnWave will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has EnWave performed over the past 5 years?

27.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

EnWave does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

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

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


Return on Equity

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


Return on Capital Employed

It is difficult to establish if EnWave 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 EnWave's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

EnWave has no debt.

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


Balance Sheet

High level of physical assets or inventory.

EnWave 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.

Whilst loss making EnWave has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making EnWave has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -46.6% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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

0.8yrs

Average management tenure


CEO

Brent Charleton 0

1.0yrs

Tenure

CA$728,854

Compensation

Mr. Brent Charleton, CFA, serves as Director at EnWave Corporation since August 29, 2018. He has been the Chief Executive Officer and President at EnWave Corp. since August 28, 2018 and was its Senior Vice ...


CEO Compensation Analysis

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

Brent's compensation has increased whilst company is loss making.


Management Age and Tenure

0.8yrs

Average Tenure

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


Board Age and Tenure

5.4yrs

Average Tenure

61yo

Average Age

The tenure for the EnWave board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • John Philip Budreski (61yo)

    Executive Chairman

    • Tenure: 5.2yrs
    • Compensation: CA$283.00k
  • Mike Pytlinski

    CEO of NutraDried Food Company

    • Tenure: 1.0yrs
  • Brent Charleton

    CEO, President & Director

    • Tenure: 1.0yrs
    • Compensation: CA$728.85k
  • John Zhang

    Chief Scientific Officer

    • Tenure: 0.6yrs
  • Leon Fu

    Senior VP of Manufacturing & Chief Engineer

    • Tenure: 0.0yrs
  • Dan Henriques

    CFO & Corporate Secretary

    • Tenure: 3.9yrs
    • Compensation: CA$638.93k
  • Richard Mitchell

    Senior Vice President of Pharmaceutical Business Development

    • Tenure: 3.1yrs
  • Thomas Mehlhorn

    Vice President of Sales & Business Development

    • Tenure: 0.6yrs
  • Angel Valerio

    Vice President of Operations

    • Tenure: 0.6yrs
  • Mark Alev

    Vice President of Technical Services

    • Tenure: 0.6yrs

Board Members

  • Hugh McKinnon (60yo)

    Independent Director

    • Tenure: 5.6yrs
    • Compensation: CA$66.25k
  • Roger Graham

    Member of Scientific Advisory Board

    • Tenure: 12.1yrs
  • John Philip Budreski (61yo)

    Executive Chairman

    • Tenure: 5.2yrs
    • Compensation: CA$283.00k
  • Mary Ritchie (62yo)

    Independent Director

    • Tenure: 4.8yrs
    • Compensation: CA$66.25k
  • Russell Ables

    Member of Scientific Advisory Board

    • Tenure: 12.3yrs
  • Brent Charleton

    CEO, President & Director

    • Tenure: 1.0yrs
    • Compensation: CA$728.85k
  • Stewart Ritchie

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: CA$59.00k
  • Stephen Sanford

    Director

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: EnWave Corporation
  • Ticker: NWVC.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: CA$253.507m
  • Listing Market Cap: CA$190.782m
  • Shares outstanding: 110.70m
  • Website: https://www.enwave.net

Number of Employees


Location

  • EnWave Corporation
  • 1668 Derwent Way
  • Unit 1
  • Delta
  • British Columbia
  • V3M 6R9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ENWTSXV (TSX Venture Exchange)YesCommon SharesCACADAug 1999
E4UDB (Deutsche Boerse AG)YesCommon SharesDEEURAug 1999
NWVC.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDAug 1999

Biography

EnWave Corporation licenses, builds, and installs commercial-scale dehydration platforms for applications in the food, pharmaceutical, and industrial sectors to manufacturing companies in Canada. The compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:27
End of Day Share Price2019/08/19 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.