NasdaqCM:NXTD

Stock Analysis Report

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Executive Summary

Nxt-ID, Inc. provides technology products and services for healthcare applications.


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Nxt-ID's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

19.8%

NXTD

4.0%

US Software

2.2%

US Market


1 Year Return

46.5%

NXTD

45.7%

US Software

16.2%

US Market

Return vs Industry: NXTD underperformed the US Software industry which returned 47.8% over the past year.

Return vs Market: NXTD exceeded the US Market which returned 15.9% over the past year.


Shareholder returns

NXTDIndustryMarket
7 Day19.8%4.0%2.2%
30 Day11.5%2.8%4.9%
90 Day39.6%19.4%17.8%
1 Year46.5%46.5%46.8%45.7%18.7%16.2%
3 Year-64.5%-64.5%155.2%146.4%41.1%32.0%
5 Year-96.1%-96.1%251.3%230.3%74.5%55.7%

Price Volatility Vs. Market

How volatile is Nxt-ID's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nxt-ID undervalued compared to its fair value and its price relative to the market?

2.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NXTD ($0.59) is trading above our estimate of fair value ($0.07)

Significantly Below Fair Value: NXTD is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: NXTD is good value based on its PB Ratio (2.4x) compared to the US Software industry average (7.2x).


Next Steps

Future Growth

How is Nxt-ID forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.4%

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 Nxt-ID 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 Nxt-ID performed over the past 5 years?

31.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NXTD is currently unprofitable.

Growing Profit Margin: NXTD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NXTD is unprofitable, but has reduced losses over the past 5 years at a rate of 31.8% per year.

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

Earnings vs Industry: NXTD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (9.6%).


Return on Equity

High ROE: NXTD has a negative Return on Equity (-18.01%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nxt-ID's financial position?


Financial Position Analysis

Short Term Liabilities: NXTD's short term assets ($3.0M) do not cover its short term liabilities ($5.0M).

Long Term Liabilities: NXTD's short term assets ($3.0M) do not cover its long term liabilities ($10.4M).


Debt to Equity History and Analysis

Debt Level: NXTD's debt to equity ratio (124.4%) is considered high.

Reducing Debt: NXTD's debt to equity ratio has increased from 0.5% to 124.4% over the past 5 years.


Balance Sheet


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: Whilst unprofitable NXTD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NXTD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.4% per year.


Next Steps

Dividend

What is Nxt-ID current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if NXTD'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 NXTD'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?

8.2yrs

Average management tenure


CEO

Vin Miceli (62 yo)

0.92

Tenure

US$464,581

Compensation

Mr. Vincent S. Miceli, also known as Vin, has been the Chief Financial Officer at Nxt-ID, Inc. since September 29, 2014 and serves as its CEO and President and also serves as its Chairman since March 31, 2 ...


CEO Compensation Analysis

Compensation vs Market: Vin's total compensation ($USD464.58K) is about average for companies of similar size in the US market ($USD607.19K).

Compensation vs Earnings: Vin's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Vincent Miceli
President0.92yrUS$464.58k1.36%
$ 306.6k
C. Tunnell
CTO & Executive VP8.17yrsUS$399.40k2.23%
$ 504.6k
Kevin O'Connor
President of Logicmark8.58yrsno datano data

8.2yrs

Average Tenure

Experienced Management: NXTD's management team is seasoned and experienced (8.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Vincent Miceli
President0.92yrUS$464.58k1.36%
$ 306.6k
Daniel Sharkey
Independent Director6.17yrsUS$80.00k0.76%
$ 172.6k
Michael D'Almada-Remedios
Independent Director6.92yrsUS$80.62k0.79%
$ 179.4k
David Gust
Independent Director8.17yrsUS$80.94k0.78%
$ 175.9k
Robert Curtis
Independent Director2.08yrsUS$80.82k0.51%
$ 116.4k

6.2yrs

Average Tenure

63yo

Average Age

Experienced Board: NXTD's board of directors are considered experienced (6.2 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.3%.


Top Shareholders

Company Information

Nxt-ID, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nxt-ID, Inc.
  • Ticker: NXTD
  • Exchange: NasdaqCM
  • Founded: 2011
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: US$22.621m
  • Shares outstanding: 34.27m
  • Website: https://www.nxt-id.com

Number of Employees


Location

  • Nxt-ID, Inc.
  • 288 Christian Street
  • 2nd Floor
  • Oxford
  • Connecticut
  • 6478
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NXTDNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDAug 2013
0NI1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 2013
0KA8LSE (London Stock Exchange)YesCommon StockGBUSDAug 2013

Biography

Nxt-ID, Inc. provides technology products and services for healthcare applications. It develops and markets solutions for payment, Internet of Things (IoT), and healthcare applications with experience in a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/05 00:40
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.