FKWL Stock Overview
Franklin Wireless Corp. provides intelligent wireless solutions.
Franklin Wireless Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.38|
|52 Week High||US$11.05|
|52 Week Low||US$3.21|
|1 Month Change||-9.87%|
|3 Month Change||-15.71%|
|1 Year Change||-67.66%|
|3 Year Change||30.00%|
|5 Year Change||60.95%|
|Change since IPO||-98.77%|
Recent News & Updates
Franklin Wireless (NASDAQ:FKWL) Might Be Having Difficulty Using Its Capital Effectively
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Franklin Wireless: Turnaround Possible For This Small Cap, But Much Risk Looms
Franklin Wireless (FKWL) is a supplier of wireless products such as mobile hotspots and routers which support 5G technology. The company’s main customer Verizon recalled 2.5 million units in 2021, due to just 15 devices overheating. However, the device fault was unable to be replicated by Franklin. Their share price is now down by 81% from the highs in April 2021 and the small cap stock trades at just 1.2 times cash.
Franklin Wireless Is Too Expensive Even After The Sell-Off
FKWL is dedicated to router and hotspot device manufacturing. The company's sales multiplied because of COVID and so did its stock price. Failure in a few devices made Verizon give voluntary recall options to their clients. The ensuing panic made the stock plummet again. Some speculate the stock can rebound. However, before COVID, the company's operations were marginal and its products have no differentiation.
|FKWL||US Communications||US Market|
Return vs Industry: FKWL underperformed the US Communications industry which returned -3.3% over the past year.
Return vs Market: FKWL underperformed the US Market which returned -10.4% over the past year.
|FKWL Average Weekly Movement||5.2%|
|Communications Industry Average Movement||7.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: FKWL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FKWL's weekly volatility (5%) has been stable over the past year.
About the Company
Franklin Wireless Corp. provides intelligent wireless solutions. The company’s products include mobile hotspots, routers, trackers, and other devices, which integrates hardware and software enabling machine-to-machine (M2M) applications and the Internet of Things (IoT). It offers M2M and IoT solutions that include embedded modules, and modems and gateways built to deliver connectivity supporting various spectrum of applications based on 5G/4G wireless technology.
Franklin Wireless Fundamentals Summary
|FKWL fundamental statistics|
Is FKWL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FKWL income statement (TTM)|
|Cost of Revenue||US$18.67m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.34|
|Net Profit Margin||-13.48%|
How did FKWL perform over the long term?See historical performance and comparison
Is Franklin Wireless undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate FKWL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FKWL's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: FKWL is unprofitable, so we can't compare its PE Ratio to the US Communications industry average.
PE vs Market: FKWL 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 FKWL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FKWL is good value based on its PB Ratio (0.7x) compared to the US Communications industry average (1.6x).
How is Franklin Wireless forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Tech 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 Franklin Wireless 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.
How has Franklin Wireless performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FKWL is currently unprofitable.
Growing Profit Margin: FKWL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FKWL is unprofitable, but has reduced losses over the past 5 years at a rate of 51.2% per year.
Accelerating Growth: Unable to compare FKWL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FKWL is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (38.2%).
Return on Equity
High ROE: FKWL has a negative Return on Equity (-6.84%), as it is currently unprofitable.
How is Franklin Wireless's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FKWL's short term assets ($53.3M) exceed its short term liabilities ($13.7M).
Long Term Liabilities: FKWL's short term assets ($53.3M) exceed its long term liabilities ($237.5K).
Debt to Equity History and Analysis
Debt Level: FKWL is debt free.
Reducing Debt: FKWL had no debt 5 years ago.
Debt Coverage: FKWL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FKWL has no debt, therefore coverage of interest payments is not a concern.
What is Franklin Wireless's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FKWL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FKWL'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 FKWL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FKWL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FKWL has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Franklin Wireless has no CEO, or we have no data on them.
Experienced Management: FKWL's management team is considered experienced (2.3 years average tenure).
Experienced Board: FKWL's board of directors are seasoned and experienced ( 12.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Franklin Wireless Corp.'s employee growth, exchange listings and data sources
- Name: Franklin Wireless Corp.
- Ticker: FKWL
- Exchange: NasdaqCM
- Founded: 1981
- Industry: Communications Equipment
- Sector: Tech
- Implied Market Cap: US$30.572m
- Shares outstanding: 9.05m
- Website: https://www.franklinwireless.com
Number of Employees
- Franklin Wireless Corp.
- 9707 Waples Street
- Suite 150
- San Diego
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.