NasdaqCM:MYSZ

Stock Analysis Report

Executive Summary

My Size, Inc. develops and commercializes mobile device measurement solutions for e-commerce fashion/apparel, shipping/parcel, and do it yourself industries in Israel.

Risk Analysis

Earnings have declined by -23.04% per year over past 5 years

Has less than 1 year of cash runway

Makes less than USD$1m in revenue ($31K)

Does not have a meaningful market cap ($26M)

+ 3 more risks


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has My Size's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-22.4%

MYSZ

1.7%

US Software

1.2%

US Market


1 Year Return

-77.0%

MYSZ

40.0%

US Software

24.2%

US Market

Return vs Industry: MYSZ underperformed the US Software industry which returned 39.8% over the past year.

Return vs Market: MYSZ underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

MYSZIndustryMarket
7 Day-22.4%1.7%1.2%
30 Day-10.2%6.5%3.5%
90 Day-55.6%21.0%11.7%
1 Year-77.0%-77.0%41.2%40.0%26.9%24.2%
3 Year-96.4%-96.4%143.7%134.0%53.0%43.2%
5 Yearn/a201.4%179.9%75.3%56.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is My Size undervalued compared to its fair value and its price relative to the market?

3.14x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: MYSZ is good value based on its PB Ratio (3.9x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

How is My Size forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Software 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 My Size 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 My Size performed over the past 5 years?

-23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MYSZ is currently unprofitable.

Growing Profit Margin: MYSZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MYSZ is unprofitable, and losses have increased over the past 5 years at a rate of -23% per year.

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

Earnings vs Industry: MYSZ is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (20.8%).


Return on Equity

High ROE: MYSZ has a negative Return on Equity (-252.3%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is My Size's financial position?


Financial Position Analysis

Short Term Liabilities: MYSZ's short term assets ($3.3M) exceed its short term liabilities ($1.5M).

Long Term Liabilities: MYSZ's short term assets ($3.3M) exceed its long term liabilities ($13.0K).


Debt to Equity History and Analysis

Debt Level: MYSZ is debt free.

Reducing Debt: MYSZ has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.


Balance Sheet

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

Debt Coverage by Assets: Insufficient data to determine if MYSZ's debt is 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.

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

Forecast Cash Runway: MYSZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of -21.3% each year


Next Steps

Dividend

What is My Size's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate MYSZ'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 MYSZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MYSZ'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 MYSZ'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 My Size's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Ronen Luzon (49yo)

6.3yrs

Tenure

US$285,000

Compensation

Mr. Ronen Luzon is the Founder and the Chief Executive Officer of My Size, Inc. and serves as its Secretary and Treasurer. Prior to founding MySize, Mr. Luzon established and led startups in the medical de ...


CEO Compensation Analysis

Compensation vs Market: Ronen's total compensation ($USD285.00K) is below average for companies of similar size in the US market ($USD519.76K).

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


Management Age and Tenure

3.7yrs

Average Tenure

43.5yo

Average Age

Experienced Management: MYSZ's management team is considered experienced (3.7 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

44yo

Average Age

Experienced Board: MYSZ's board of directors are not considered experienced ( 2.8 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.5%.


Management Team

  • Shaul Dukeman

    Co-Founder

    • Yoav Venkert (57yo)

      Chief Operations Officer of TopSpin Israel

      • Tenure: 15.6yrs
      • Compensation: US$22.30k
    • Ronen Luzon (49yo)

      Founder

      • Tenure: 6.3yrs
      • Compensation: US$285.00k
    • Billy Pardo (43yo)

      COO & Chief Product Officer

      • Tenure: 0.8yrs
      • Compensation: US$212.00k
    • Billy Luzon (44yo)

      Vice President of Products

      • Compensation: US$80.00k
    • Yuval Weinstock

      Executive

      • Erez Morag

        Executive

        • Judith Halioua

          Executive

          • Or Kles (36yo)

            Chief Financial Officer

            • Tenure: 3.7yrs
            • Compensation: US$160.00k
          • Eli Turchinnsky (31yo)

            Chief Technology Officer

            • Tenure: 0.8yrs

          Board Members

          • Oron Branitzky (61yo)

            Independent Director

            • Tenure: 2.8yrs
            • Compensation: US$25.14k
          • Ronen Luzon (49yo)

            Founder

            • Tenure: 6.3yrs
            • Compensation: US$285.00k
          • Yaacov Haran

            Member of Advisory Board

            • Tenure: 5.9yrs
          • Oren Elmaliah (35yo)

            Independent Director

            • Tenure: 2.7yrs
            • Compensation: US$21.83k
          • Arik Kaufman (39yo)

            Independent Director

            • Tenure: 2.6yrs
            • Compensation: US$21.65k

          Company Information

          My Size, Inc.'s company bio, employee growth, exchange listings and data sources


          Key Information

          • Name: My Size, Inc.
          • Ticker: MYSZ
          • Exchange: NasdaqCM
          • Founded: 1999
          • Industry: Application Software
          • Sector: Software
          • Market Cap: ₪20.699m
          • Listing Market Cap: ₪5.989m
          • Shares outstanding: 1.99m
          • Website: https://www.mysizeid.com

          Number of Employees


          Location

          • My Size, Inc.
          • 3 Arava Street
          • POB 1026
          • Airport City
          • 7010000
          • Israel

          Listings

          TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
          MYSZTASE (The Tel-Aviv Stock Exchange)USD0.001ILILSNo data
          MYSZTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSSep 2005
          MYSZNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDSep 2005
          2YJDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2005

          Biography

          My Size, Inc. develops and commercializes mobile device measurement solutions for e-commerce fashion/apparel, shipping/parcel, and do it yourself industries in Israel. It offers MySizeID, an application that enables consumers to create an online profile of their personal measurements to get the right fit; BoxSizeID, a parcel measurement application that allows customers to measure the size of their parcel with their smartphone, calculate shipping costs, and arrange for a convenient pick-up time for the package; SizeUp app, which allows users to utilize their smartphone as a tape measure; and SizeIT, a smart measuring tape standard development kit that provides users with the ability to instantly measure objects with a quick movement of their mobile device. The company was formerly known as Knowledgetree Ventures, Inc. and changed its name to My Size, Inc. in January 2014. My Size, Inc. was founded in 1999 and is based in Airport City, Israel. 


          Company Analysis and Financial Data Status

          All financial data provided by Standard & Poor's Capital IQ.
          DataLast Updated (UTC time)
          Company Analysis2020/01/21 01:14
          End of Day Share Price2020/01/17 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.