WidePoint Corporation provides trusted mobility management solutions to the government and commercial sectors in North America and Europe. More Details
Flawless balance sheet and fair value.
Share Price & News
How has WidePoint's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WYY's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WYY exceeded the US IT industry which returned 17.7% over the past year.
Return vs Market: WYY exceeded the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is WidePoint's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs There An Opportunity With WidePoint Corporation's (NYSEMKT:WYY) 49% Undervaluation?
1 month ago | Simply Wall StWill WidePoint's (NYSEMKT:WYY) Growth In ROCE Persist?
1 month ago | Simply Wall StShould You Use WidePoint's (NYSEMKT:WYY) Statutory Earnings To Analyse It?
Is WidePoint undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WYY ($0.56) is trading below our estimate of fair value ($1.09)
Significantly Below Fair Value: WYY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WYY is poor value based on its PE Ratio (41.6x) compared to the US IT industry average (30.8x).
PE vs Market: WYY is poor value based on its PE Ratio (41.6x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: WYY's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WYY is good value based on its PB Ratio (1.8x) compared to the US IT industry average (3.6x).
How is WidePoint forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WYY's earnings are forecast to decline over the next 3 years (-112.6% per year).
Earnings vs Market: WYY's earnings are forecast to decline over the next 3 years (-112.6% per year).
High Growth Earnings: WYY's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WYY's revenue is expected to decline over the next 3 years (-27.9% per year).
High Growth Revenue: WYY's revenue is forecast to decline over the next 3 years (-27.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WYY's Return on Equity is forecast to be high in 3 years time
How has WidePoint performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WYY has high quality earnings.
Growing Profit Margin: WYY became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WYY has become profitable over the past 5 years, growing earnings by 49.2% per year.
Accelerating Growth: WYY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WYY has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (5.9%).
Return on Equity
High ROE: WYY's Return on Equity (4.3%) is considered low.
How is WidePoint's financial position?
Financial Position Analysis
Short Term Liabilities: WYY's short term assets ($57.7M) exceed its short term liabilities ($51.1M).
Long Term Liabilities: WYY's short term assets ($57.7M) exceed its long term liabilities ($7.8M).
Debt to Equity History and Analysis
Debt Level: WYY is debt free.
Reducing Debt: WYY has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.
Debt Coverage: WYY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WYY has no debt, therefore coverage of interest payments is not a concern.
What is WidePoint current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WYY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WYY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if WYY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WYY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WYY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jin Kang (56 yo)
Mr. Jin H. Kang has been the Chief Executive Officer, President and Director of WidePoint Corporation since July 5, 2017 and served as its Executive Vice President since January 2018 until 2018. Mr. Kang f ...
CEO Compensation Analysis
Compensation vs Market: Jin's total compensation ($USD461.00K) is about average for companies of similar size in the US market ($USD593.13K).
Compensation vs Earnings: Jin's compensation has been consistent with company performance over the past year.
|Executive VP and Chief Sales & Marketing Officer||4.42yrs||US$401.00k||1.69% |
|President & CEO of Soft-ex Communications||2.75yrs||US$359.80k||0.18% |
|Executive VP & CFO||0.75yr||no data||0.22% |
|Human Resources Manager||no data||no data||no data|
|Chief Security Officer & Executive VP of WidePoint Cybersecurity Solutions Corporation||2.83yrs||no data||no data|
|President and CEO of WidePoint Integrated Solutions Corporation & WidePoint Solutions Corporation||2.83yrs||no data||no data|
Experienced Management: WYY's management team is considered experienced (2.8 years average tenure).
|Director||0.33yr||no data||0.21% |
|Independent Chairman of the Board||3yrs||US$36.70k||0.77% |
|Independent Director||1.58yrs||US$36.70k||0.27% |
|Independent Director||1.58yrs||US$36.70k||0.39% |
Experienced Board: WYY's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WYY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
WidePoint Corporation's company bio, employee growth, exchange listings and data sources
- Name: WidePoint Corporation
- Ticker: WYY
- Exchange: AMEX
- Founded: 1997
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: US$46.894m
- Shares outstanding: 84.42m
- Website: https://www.widepoint.com
Number of Employees
- WidePoint Corporation
- South Tower
- Suite 210
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WYY||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Jul 1992|
|ZMX||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 1992|
WidePoint Corporation provides trusted mobility management solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and commu ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 04:02|
|End of Day Share Price||2020/10/29 00:00|
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.