OTCPK:SILX.Y

Stock Analysis Report

Executive Summary

Silex Systems Limited researches, develops, commercializes, and licenses SILEX laser uranium enrichment technology in Australia.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Silex Systems has significant price volatility in the past 3 months.
  • Silex Systems is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

5.9%

OTCPK:SILX.Y

-0.8%

US Semiconductor

-0.02%

US Market


1 Year Return

100.0%

OTCPK:SILX.Y

10.2%

US Semiconductor

1.6%

US Market

SILX.Y outperformed the Semiconductor industry which returned 10.2% over the past year.

SILX.Y outperformed the Market in United States of America which returned 1.6% over the past year.


Share holder returns

SILX.YIndustryMarket
7 Day5.9%-0.8%-0.02%
30 Day18.0%5.8%2.7%
90 Day2.9%12.0%1.4%
1 Year100.0%100.0%12.3%10.2%3.8%1.6%
3 Year32.1%32.1%82.2%71.6%45.2%35.8%
5 Year-54.4%-54.4%122.9%100.2%61.8%44.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

2.04x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Silex Systems to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Silex Systems to establish if it is available at substantial discount.


Price Based on Earnings

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

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


Price Based on Value of Assets

Silex Systems is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Silex Systems 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 Silex Systems 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 Silex Systems performed over the past 5 years?

-26.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Silex Systems'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 Silex Systems 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 Silex Systems 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 Silex Systems 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 Silex Systems's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Silex Systems has no debt.

Silex Systems has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Silex Systems 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.

Silex Systems has sufficient cash runway for more than 3 years based on current free cash flow.

Silex Systems has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 12.3% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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

4.5yrs

Average board tenure


CEO

Michael Goldsworthy (61yo)

0yrs

Tenure

AU$605,506

Compensation

Dr. Michael P. Goldsworthy, BSc (Hons), MSc, Ph.D., FAIP, GAICD serves as Chairman and Chief Executive Officer at Translucent Inc. Dr. Goldsworthy serves as Chief Executive Officer and Managing Director of ...


CEO Compensation Analysis

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

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


Board Age and Tenure

4.5yrs

Average Tenure

The tenure for the Silex Systems board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Michael Goldsworthy (61yo)

    CEO, MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$605.51k
  • Julie Ducie

    CFO & Company Secretary

    • Tenure: 7.6yrs
    • Compensation: AU$323.93k

Board Members

  • Chris Wilks (61yo)

    Non-Executive Director

    • Tenure: 8.3yrs
    • Compensation: AU$87.60k
  • Michael Goldsworthy (61yo)

    CEO, MD & Executive Director

    • Tenure: 0yrs
    • Compensation: AU$605.51k
  • Craig Roy

    Non-Executive Chairman

    • Tenure: 0.7yrs
  • Melissa Holzberger

    Non-Executive Director

    • Tenure: 0.7yrs

Company Information

Silex Systems Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Silex Systems Limited
  • Ticker: SILX.Y
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: AU$69.892m
  • Listing Market Cap: AU$47.510m
  • Shares outstanding: 170.47m
  • Website: https://www.silex.com.au

Location

  • Silex Systems Limited
  • 56 Clarence Street
  • Suite 8.01
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SILX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1998
SLXASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMay 1998
RW4DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1998
SLXCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMay 1998
SILX.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDMar 2001

Biography

Silex Systems Limited researches, develops, commercializes, and licenses SILEX laser uranium enrichment technology in Australia. The company was founded in 1988 and is based in Sydney, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 23:41
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.