Western Capital Resources
Market Cap
US$52.9m
Last Updated
2020/10/31 01:01 UTC
Data Sources
Company Financials
Executive Summary
Western Capital Resources, Inc., through its subsidiaries, engages in the retail business in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has Western Capital Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WCRS's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.0%
WCRS
-8.1%
US Specialty Retail
-5.3%
US Market
1 Year Return
47.5%
WCRS
12.8%
US Specialty Retail
10.4%
US Market
Return vs Industry: WCRS exceeded the US Specialty Retail industry which returned 15.3% over the past year.
Return vs Market: WCRS exceeded the US Market which returned 12% over the past year.
Shareholder returns
| WCRS | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | -8.1% | -5.3% |
| 30 Day | -1.7% | -6.1% | -2.1% |
| 90 Day | 55.3% | 4.5% | 1.7% |
| 1 Year | 52.8%47.5% | 13.9%12.8% | 12.9%10.4% |
| 3 Year | 11.9%-1.7% | 73.5%65.9% | 34.3%25.4% |
| 5 Year | 129.8%96.7% | 54.6%42.6% | 73.7%54.3% |
Price Volatility Vs. Market
How volatile is Western Capital Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Western Capital Resources 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: WCRS ($5.9) is trading below our estimate of fair value ($138.41)
Significantly Below Fair Value: WCRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WCRS is good value based on its PE Ratio (8.2x) compared to the US Specialty Retail industry average (20x).
PE vs Market: WCRS is good value based on its PE Ratio (8.2x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WCRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WCRS is good value based on its PB Ratio (0.8x) compared to the US Specialty Retail industry average (1.8x).
Next Steps
Future Growth
How is Western Capital Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.7%
Forecasted Retail 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 Western Capital Resources 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
- Examine whether Western Capital Resources is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Western Capital Resources's filings and announcementshere.
- Explore growth companies in the Retail industry.
Past Performance
How has Western Capital Resources performed over the past 5 years?
-11.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WCRS has high quality earnings.
Growing Profit Margin: WCRS's current net profit margins (5.1%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: WCRS's earnings have declined by 11.3% per year over the past 5 years.
Accelerating Growth: WCRS's earnings growth over the past year (3066.2%) exceeds its 5-year average (-11.3% per year).
Earnings vs Industry: WCRS earnings growth over the past year (3066.2%) exceeded the Specialty Retail industry 6%.
Return on Equity
High ROE: WCRS's Return on Equity (11.7%) is considered low.
Next Steps
Financial Health
How is Western Capital Resources's financial position?
Financial Position Analysis
Short Term Liabilities: WCRS's short term assets ($64.4M) exceed its short term liabilities ($17.8M).
Long Term Liabilities: WCRS's short term assets ($64.4M) exceed its long term liabilities ($7.8M).
Debt to Equity History and Analysis
Debt Level: WCRS's debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: WCRS's debt to equity ratio has reduced from 25.2% to 1.5% over the past 5 years.
Debt Coverage: WCRS's debt is well covered by operating cash flow (1446.6%).
Interest Coverage: WCRS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Western Capital Resources's current dividend yield, its reliability and sustainability?
1.69%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WCRS's dividend (1.69%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: WCRS's dividend (1.69%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Stability and Growth of Payments
Stable Dividend: WCRS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: WCRS has only been paying a dividend for 4 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.4%), WCRS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
John Quandahl (53 yo)
11.75yrs
Tenure
US$472,500
Compensation
Mr. John Quandahl has been the Chief Executive Officer and President of Western Capital Resources, Inc. since January 1, 2009 and has been its Chief Operating Officer since November 29, 2007. Mr. Quandahl ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD472.50K) is about average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 11.75yrs | US$472.50k | 0.33% $ 177.0k | |
| CFO & Chief Investment Officer | 3.17yrs | US$435.00k | 0.71% $ 373.9k | |
| Secretary | 3.17yrs | US$370.00k | 0.11% $ 59.0k | |
| Controller | no data | US$235.50k | no data |
3.2yrs
Average Tenure
54yo
Average Age
Experienced Management: WCRS's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 11.75yrs | US$472.50k | 0.33% $ 177.0k | |
| Independent Director | 10.42yrs | US$42.00k | no data | |
| Director | 5.25yrs | no data | no data | |
| Director | no data | US$100.00k | 1.03% $ 543.8k | |
| Director | 1.17yrs | no data | no data |
7.8yrs
Average Tenure
51yo
Average Age
Experienced Board: WCRS's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WCRS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Western Capital Resources, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Western Capital Resources, Inc.
- Ticker: WCRS
- Exchange: OTCPK
- Founded:
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$52.878m
- Shares outstanding: 8.96m
- Website: https://www.westerncapitalresources.com
Number of Employees
Location
- Western Capital Resources, Inc.
- 11550 I Street
- Suite 150
- Omaha
- Nebraska
- 68137
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WCRS | OTCPK (Pink Sheets LLC) | Yes | Common Stock | US | USD | Jan 2008 |
Biography
Western Capital Resources, Inc., through its subsidiaries, engages in the retail business in the United States. The company operates through Cellular Retail, Direct to Consumer, and Consumer Finance segmen ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/31 01:01 |
| End of Day Share Price | 2020/10/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.