OTCPK:DNXW.F

Stock Analysis Report

Executive Summary

Dynex Power Inc., through its subsidiary, Dynex Semiconductor Limited, designs, manufactures, and sells industrial power equipment worldwide.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Dynex Power is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:DNXW.F

0.4%

US Semiconductor

0.8%

US Market


1 Year Return

n/a

OTCPK:DNXW.F

10.7%

US Semiconductor

1.9%

US Market

No trading data on DNXW.F.

No trading data on DNXW.F.


Share holder returns

DNXW.FIndustryMarket
7 Day0%0.4%0.8%
30 Day0%7.8%3.4%
90 Day0%12.6%2.1%
1 Yearn/a12.7%10.7%4.2%1.9%
3 Yearn/a84.2%73.5%46.7%37.2%
5 Yearn/a124.2%101.4%62.3%44.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.32x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Dynex Power is loss making, we can't compare its value to the US Semiconductor industry average.

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


Price Based on Value of Assets

Dynex Power is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

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

19.0%

Forecasted Semiconductors 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 Dynex Power 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

  • Take a look at our analysis of DNXW.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Dynex Power's filings and announcements here.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has Dynex Power performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

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


Return on Equity

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


Return on Capital Employed

It is difficult to establish if Dynex Power 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 Dynex Power's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Dynex Power's level of debt (110%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (43.4% vs 110% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


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.

Dynex Power has sufficient cash runway for 1.5 years based on current free cash flow.

Dynex Power has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -78.7% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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

1.3yrs

Average management tenure


CEO

Clive Vacher 0

2.2yrs

Tenure

CA$516,938

Compensation

Mr. Clive Vacher has been the Chief Executive Officer, President and Director at Dynex Power Inc. since January 16, 2017. Mr. Vacher has held a number of senior executive positions with Pratt and Whitney,  ...


CEO Compensation Analysis

Clive's remuneration is about average for companies of similar size in United States of America.

Insufficient data for Clive to compare compensation growth.


Management Age and Tenure

1.3yrs

Average Tenure

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


Board Age and Tenure

6.9yrs

Average Tenure

52.5yo

Average Age

The tenure for the Dynex Power board of directors is about average.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

SellCA$709,95520 Mar 19
Clive Vacher
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares1,456,500
Max PriceCA$0.49

Ownership Breakdown


Management Team

  • Deborah Weinstein (58yo)

    Legal Counsel & Director

    • Tenure: 20.2yrs
    • Compensation: CA$10.00k
  • Mark Kempton

    Director of Semiconductor Business Unit

    • Tenure: 1.3yrs
  • Alan Lyons (46yo)

    CFO, VP of Finance

    • Tenure: 1.5yrs
    • Compensation: CA$104.71k
  • Clive Vacher

    CEO, President & Director

    • Tenure: 2.2yrs
    • Compensation: CA$516.94k
  • Keith Maris

    Chief Operating Officer

    • Tenure: 1.3yrs
  • Keith Ferguson

    Chief Technology Officer

    • Tenure: 1.1yrs
  • Su Bailey

    Head of HR

    • Tenure: 0yrs

Board Members

  • Deborah Weinstein (58yo)

    Legal Counsel & Director

    • Tenure: 20.2yrs
    • Compensation: CA$10.00k
  • David Banks (75yo)

    Independent Director

    • Tenure: 18.2yrs
    • Compensation: CA$10.00k
  • Alan Lyons (46yo)

    CFO, VP of Finance

    • Tenure: 1.5yrs
    • Compensation: CA$104.71k
  • Ke'an Liu (47yo)

    Chairman

    • Tenure: 0yrs
  • Richard Wu

    Director

    • Tenure: 6.9yrs
  • George Guo

    Director

    • Tenure: 6.9yrs
    • Compensation: CA$57.99k
  • Gary Liu

    Director

    • Tenure: 2.8yrs
  • Clive Vacher

    CEO, President & Director

    • Tenure: 2.2yrs
    • Compensation: CA$516.94k

Company Information

Dynex Power Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dynex Power Inc.
  • Ticker: DNXW.F
  • Exchange: OTCPK
  • Founded: 1956
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CA$51.526m
  • Listing Market Cap: CA$38.333m
  • Shares outstanding: 80.51m
  • Website: https://www.dynexpower.com

Number of Employees


Location

  • Dynex Power Inc.
  • 515 Legget Drive
  • Suite 800
  • Kanata
  • Ontario
  • K2K 3G4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNXTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1998
DNXW.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDNov 1998

Biography

Dynex Power Inc., through its subsidiary, Dynex Semiconductor Limited, designs, manufactures, and sells industrial power equipment worldwide. The company’s products include high power bipolar discrete semi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/03/07 00:44
End of Day Share Price2018/12/07 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.