OTCPK:WNDW

Stock Analysis Report

Executive Summary

SolarWindow Technologies, Inc. engages in developing electricity-generating see-through windows and products for detached homes and commercial buildings.

Snowflake

Fundamentals

Flawless balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

WNDW

-0.9%

US Semiconductor

0.07%

US Market


1 Year Return

69.7%

WNDW

23.5%

US Semiconductor

8.9%

US Market

Return vs Industry: WNDW exceeded the US Semiconductor industry which returned 23.5% over the past year.

Return vs Market: WNDW exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

WNDWIndustryMarket
7 Day-1.4%-0.9%0.07%
30 Day-2.6%1.9%-0.3%
90 Day-25.5%-1.3%-1.6%
1 Year69.7%69.7%26.0%23.5%11.3%8.9%
3 Year-27.6%-27.6%80.4%69.8%46.3%36.8%
5 Year91.0%91.0%129.7%106.0%62.1%44.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

7.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: WNDW 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 WNDW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WNDW is overvalued based on its PB Ratio (7.3x) compared to the US Semiconductor industry average (2.7x).


Next Steps

Future Growth

How is SolarWindow Technologies forecast 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 SolarWindow Technologies 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 SolarWindow Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • 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 SolarWindow Technologies's filings and announcements here.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has SolarWindow Technologies performed over the past 5 years?

0.06%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: WNDW is unprofitable, but has reduced losses over the past 5 years at a rate of 0.06% per year.

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

Earnings vs Industry: WNDW is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: WNDW has a negative Return on Equity (-24.89%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: WNDW is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: WNDW is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is SolarWindow Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: WNDW's short term assets ($18.5M) exceeds its short term liabilities ($211.3K)

Long Term Liabilities: WNDW's short term assets (18.5M) exceeds its long term liabilities (48.5K)


Debt to Equity History and Analysis

Debt Level: WNDW is debt free.

Reducing Debt: WNDW has no debt compared to 5 years ago when its debt to equity ratio was 1.9%.


Balance Sheet

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

Debt Coverage by Assets: WNDW's debt is covered by short term assets (assets are 1.3355382180987E+18x 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: WNDW has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: WNDW has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -1.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if WNDW'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 WNDW's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of SolarWindow Technologies's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

John Conklin (59yo)

9.2yrs

Tenure

US$6,312,127

Compensation

Mr. John A. Conklin has been the Chief Executive Officer and President at SolarWindow Technologies, Inc. since August 9, 2010. Mr. Conklin served as Chief Financial Officer at SolarWindow Technologies, Inc ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether John's total compensation is reasonable compared to companies of similar size in the US market.

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


Management Age and Tenure

3.8yrs

Average Tenure

Experienced Management: WNDW's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

2.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: WNDW's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Insider Trading

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


Ownership Breakdown


Management Team

  • John Conklin (59yo)

    President

    • Tenure: 9.2yrs
    • Compensation: US$6.31m
  • Patrick Sargent

    Vice President of Product Development & Engineering

    • Tenure: 3.8yrs
  • Briana Erickson

    Manager of Business Operations & Communication

    • Tenure: 0yrs
  • Curtis Watkins

    Vice President of Energy Markets & Utilities

    • Tenure: 3.9yrs
  • Steve Yan-Klassen (51yo)

    Chief Financial Officer

    • Tenure: 1yrs

Board Members

  • Dave Gralnik

    Member of Advisory Board

    • Tenure: 2.5yrs
  • Alastair Livesey (62yo)

    Independent Director

    • Tenure: 12.1yrs
    • Compensation: US$364.11k
  • Harmel Rayat (58yo)

    Chairman

    • Tenure: 1.6yrs
  • Jay Bhogal (52yo)

    Director

    • Tenure: 2.2yrs
    • Compensation: US$795.81k
  • John Conklin (59yo)

    President

    • Tenure: 9.2yrs
    • Compensation: US$6.31m
  • Christopher Harris

    Member of Advisory Board

    • Tenure: 0yrs
  • Kelly Provence

    Member of Advisory Board

    • Tenure: 5.3yrs
  • Bob Levine

    Director

    • Tenure: 0.8yrs
  • Tim Widner

    Member of Advisory Board

    • Tenure: 0.5yrs
  • Steve Horovitz

    Director

    • Tenure: 0.5yrs

Company Information

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


Key Information

  • Name: SolarWindow Technologies, Inc.
  • Ticker: WNDW
  • Exchange: OTCPK
  • Founded: 1998
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$139.283m
  • Shares outstanding: 52.96m
  • Website: https://www.solarwindow.com

Number of Employees


Location

  • SolarWindow Technologies, Inc.
  • 9375 East Shea Boulevard
  • Suite 107-B
  • Scottsdale
  • Arizona
  • 85260
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WNDWOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2003

Biography

SolarWindow Technologies, Inc. engages in developing electricity-generating see-through windows and products for detached homes and commercial buildings. Its SolarWindow technology provides the ability to  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/24 00:00
End of Day Share Price2019/10/23 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.