OTCPK:POET.F

Stock Analysis Report

Executive Summary

POET Technologies Inc. designs, develops, manufactures, and sells semi-conductor products and services in Canada, the United States, and Singapore.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: POET.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.9%

POET.F

15.8%

US Semiconductor

10.5%

US Market


1 Year Return

2.4%

POET.F

4.9%

US Semiconductor

-11.5%

US Market

Return vs Industry: POET.F underperformed the US Semiconductor industry which returned 4.9% over the past year.

Return vs Market: POET.F exceeded the US Market which returned -11.5% over the past year.


Shareholder returns

POET.FIndustryMarket
7 Day11.9%15.8%10.5%
30 Day-28.9%-10.0%-15.4%
90 Day-6.9%-17.1%-21.4%
1 Year2.4%2.4%7.0%4.9%-9.6%-11.5%
3 Year5.1%5.1%46.6%38.5%12.6%5.4%
5 Year-82.8%-82.8%106.1%86.3%32.8%18.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is POET Technologies undervalued compared to its fair value and its price relative to the market?

5.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate POET.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate POET.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: POET.F is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: POET.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate POET.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: POET.F is overvalued based on its PB Ratio (5.2x) compared to the US Semiconductor industry average (2.3x).


Next Steps

Future Growth

How is POET Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

18.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: POET.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: POET.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: POET.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: POET.F's revenue is expected to decline over the next 3 years (-71.3% per year).

High Growth Revenue: POET.F's revenue is forecast to decline over the next 3 years (-71.3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if POET.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has POET Technologies performed over the past 5 years?

-5.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: POET.F is currently unprofitable.

Growing Profit Margin: POET.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: POET.F is unprofitable, and losses have increased over the past 5 years at a rate of -5.3% per year.

Accelerating Growth: Unable to compare POET.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: POET.F is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-30.5%).


Return on Equity

High ROE: POET.F has a negative Return on Equity (-112.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is POET Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: POET.F's short term assets ($24.1M) exceed its short term liabilities ($11.2M).

Long Term Liabilities: POET.F's short term assets ($24.1M) exceed its long term liabilities ($292.7K).


Debt to Equity History and Analysis

Debt Level: POET.F's debt to equity ratio (43.1%) is considered high.

Reducing Debt: Insufficient data to determine if POET.F's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: POET.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: POET.F's debt is covered by short term assets (assets are 3.8x 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.

Stable Cash Runway: POET.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: POET.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.4% each year


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate POET.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate POET.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if POET.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if POET.F's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of POET.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Suresh Venkatesan (52yo)

4.75s

Tenure

US$2,285,488

Compensation

Dr. Suresh V. Venkatesan, PhD has been the Chief Executive Officer of POET Technologies Inc. since June 11, 2015 and serves as its Chairman Since November, 2019. Dr. Venkatesan serves as Chief Executive Of ...


CEO Compensation Analysis

Compensation vs Market: Suresh's total compensation ($USD2.29M) is above average for companies of similar size in the US market ($USD601.33K).

Compensation vs Earnings: Suresh's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Suresh Venkatesan
CEO & Chairman4.75yrsUS$2.29m0.040% $29.4k
Thomas Mika
Executive VP3.33yrsUS$631.19k0.034% $25.6k
John O'Donnell
Chief Legal Counselno dataUS$140.97kno data
Kevin Barnes
Corporate Controller & Treasurer11.83yrsUS$172.59k0.0060% $4.5k
Todd DeBonis
Strategic Advisor2.17yrsUS$2.50kno data
Vivek Rajgarhia
President & GM0.33yrno datano data
William Ring
Senior Vice President1.08yrsno datano data
Ajit Manocha
Consltant2.5yrsUS$556.99kno data

2.5yrs

Average Tenure

54yo

Average Age

Experienced Management: POET.F's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Suresh Venkatesan
CEO & Chairman4.75yrsUS$2.29m0.040% $29.4k
Donald Listwin
Independent Director2.17yrsUS$193.20k0.22% $161.7k
Mohandas Warrior
Independent Director4.75yrsUS$120.87kno data
Peter Charbonneau
Lead Independent Director0.33yrUS$113.37kno data
Jean-Louis Malinge
Director2.5yrsUS$120.87kno data
David Lazovsky
Director4.92yrsUS$547.86k0.062% $46.3k
Chris Tsiofas
Independent Director7.58yrsUS$161.06k0.0086% $6.4k
Tony Blevins
Member of Technology Roadmap Advisory Boardno datano datano data

2.5yrs

Average Tenure

59yo

Average Age

Experienced Board: POET.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.


Top Shareholders

Company Information

POET Technologies Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: POET Technologies Inc.
  • Ticker: POET.F
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: CA$104.439m
  • Listing Market Cap: CA$74.209m
  • Shares outstanding: 290.11m
  • Website: https://www.poet-technologies.com

Number of Employees


Location

  • POET Technologies Inc.
  • 120 Eglinton Avenue East
  • Suite 1107
  • Toronto
  • Ontario
  • M4P 1E2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RI4DB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2007
PTKTSXV (TSX Venture Exchange)YesCommon SharesCACADJun 2007
POET.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJun 2007

Biography

POET Technologies Inc. designs, develops, manufactures, and sells semi-conductor products and services in Canada, the United States, and Singapore. It offers optoelectronic devices, such as light sources, passive wave guides, and photonic integrated circuits for the sensing, and data and tele communications markets. The company was formerly known as Opel Technologies Inc. and changed its name to POET Technologies Inc. in June 2013. POET Technologies Inc. was founded in 2000 and is headquartered in Toronto, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 02:40
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
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.