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SSTI

ShotSpotterNasdaqCM:SSTI Stock Report

Market Cap

US$438.5m

7D

8.9%

1Y

25.3%

Updated

23 Sep, 2021

Data

Company Financials +
SSTI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends0/6

SSTI Overview

ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas.

ShotSpotter Competitors

Mitek Systems

NasdaqCM:MITK

US$833.8m

eGain

NasdaqCM:EGAN

US$347.8m

SharpSpring

NasdaqCM:SHSP

US$220.4m

Asure Software

NasdaqCM:ASUR

US$160.4m

Price History & Performance

Summary of all time highs, changes and price drops for ShotSpotter
Historical stock prices
Current Share PriceUS$37.46
52 Week HighUS$28.23
52 Week LowUS$53.97
Beta1.31
1 Month Change-6.72%
3 Month Change-23.19%
1 Year Change25.28%
3 Year Change-40.65%
5 Year Changen/a
Change since IPO160.50%

Recent News & Updates

Jun 28
Estimating The Fair Value Of ShotSpotter, Inc. (NASDAQ:SSTI)

Estimating The Fair Value Of ShotSpotter, Inc. (NASDAQ:SSTI)

How far off is ShotSpotter, Inc. ( NASDAQ:SSTI ) from its intrinsic value? Using the most recent financial data, we'll...

Shareholder Returns

SSTIUS SoftwareUS Market
7D8.9%-0.7%-0.5%
1Y25.3%42.4%37.5%

Return vs Industry: SSTI underperformed the US Software industry which returned 40.9% over the past year.

Return vs Market: SSTI underperformed the US Market which returned 36.2% over the past year.

Price Volatility

Is SSTI's price volatile compared to industry and market?
SSTI volatility
SSTI Beta1.31
Industry Beta0.95
Market Beta1

Stable Share Price: SSTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SSTI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996157Ralph Clarkhttps://www.shotspotter.com

ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States, South Africa, and the Bahamas. Its solutions include ShotSpotter Respond, a public safety solution, which serves cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and ShotSpotter Connect, a patrol management software to help plan directed patrols and tactics for crime deterrence. The company also provides ShotSpotter SecureCampus and ShotSpotter SiteSecure that helps the law enforcement and security personnel serving universities, corporate campuses, big-box retail, malls, and key infrastructure or transportation centers to mitigate risk and enhance security by notifying authorities of a outdoor gunfire incident and saving minutes for first responders to arrive.

ShotSpotter Fundamentals Summary

How do ShotSpotter's earnings and revenue compare to its market cap?
SSTI fundamental statistics
Market CapUS$438.52m
Earnings (TTM)US$175.00k
Revenue (TTM)US$53.64m

2.5kx

P/E Ratio

8.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SSTI income statement (TTM)
RevenueUS$53.64m
Cost of RevenueUS$22.45m
Gross ProfitUS$31.19m
ExpensesUS$31.01m
EarningsUS$175.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin58.15%
Net Profit Margin0.33%
Debt/Equity Ratio0%

How did SSTI perform over the long term?

See historical performance and comparison

Valuation

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

1.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSTI ($37.46) is trading below our estimate of fair value ($38.12)

Significantly Below Fair Value: SSTI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SSTI is poor value based on its PE Ratio (2500.7x) compared to the US Software industry average (57.2x).

PE vs Market: SSTI is poor value based on its PE Ratio (2500.7x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: SSTI is poor value based on its PEG Ratio (12.5x)


Price to Book Ratio

PB vs Industry: SSTI is overvalued based on its PB Ratio (12.4x) compared to the US Software industry average (7.7x).


Future Growth

How is ShotSpotter forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

200.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSTI's forecast earnings growth (200.6% per year) is above the savings rate (2%).

Earnings vs Market: SSTI's earnings (200.6% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SSTI's revenue (14.7% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: SSTI's revenue (14.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has ShotSpotter performed over the past 5 years?

68.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSTI has a large one-off loss of $859.0K impacting its June 30 2021 financial results.

Growing Profit Margin: SSTI's current net profit margins (0.3%) are lower than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: SSTI has become profitable over the past 5 years, growing earnings by 68.1% per year.

Accelerating Growth: SSTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SSTI had negative earnings growth (-93.4%) over the past year, making it difficult to compare to the Software industry average (22.1%).


Return on Equity

High ROE: SSTI's Return on Equity (0.5%) is considered low.


Financial Health

How is ShotSpotter's financial position?


Financial Position Analysis

Short Term Liabilities: SSTI's short term assets ($26.2M) exceed its short term liabilities ($25.0M).

Long Term Liabilities: SSTI's short term assets ($26.2M) exceed its long term liabilities ($1.1M).


Debt to Equity History and Analysis

Debt Level: SSTI is debt free.

Reducing Debt: SSTI currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: SSTI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SSTI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is ShotSpotter current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

3.0yrs

Average management tenure


CEO

Ralph Clark (62 yo)

11.08yrs

Tenure

US$2,049,902

Compensation

Mr. Ralph A. Clark serves as Director at Glowforge Inc. since August 2021. He has been Independent Director at TriNet Group, Inc. since March 16, 2021. He has been the Chief Executive Officer and President...


CEO Compensation Analysis

Compensation vs Market: Ralph's total compensation ($USD2.05M) is about average for companies of similar size in the US market ($USD1.69M).

Compensation vs Earnings: Ralph's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: SSTI's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: SSTI's board of directors are considered experienced (6.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SSTI 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 2.2%.


Top Shareholders

Company Information

ShotSpotter, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: ShotSpotter, Inc.
  • Ticker: SSTI
  • Exchange: NasdaqCM
  • Founded: 1996
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$438.515m
  • Shares outstanding: 11.68m
  • Website: https://www.shotspotter.com

Number of Employees


Location

  • ShotSpotter, Inc.
  • 7979 Gateway Boulevard
  • Suite 210
  • Newark
  • California
  • 94560
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:02
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.