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GNSS

GenasysNasdaqCM:GNSS Stock Report

Last Price

US$3.77

Market Cap

US$137.5m

7D

-4.6%

1Y

-48.9%

Updated

18 Jan, 2022

Data

Company Financials +
GNSS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends0/6

GNSS Stock Overview

Genasys Inc. a global provider of critical communications hardware and software solutions worldwide.

Genasys Competitors

Federal Signal

NYSE:FSS

US$2.5b

Everbridge

NasdaqGM:EVBG

US$2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Genasys
Historical stock prices
Current Share PriceUS$3.77
52 Week HighUS$8.33
52 Week LowUS$3.30
Beta0.48
1 Month Change8.02%
3 Month Change-28.33%
1 Year Change-48.92%
3 Year Change49.60%
5 Year Change115.43%
Change since IPO654.00%

Recent News & Updates

Dec 29
Calculating The Intrinsic Value Of Genasys Inc. (NASDAQ:GNSS)

Calculating The Intrinsic Value Of Genasys Inc. (NASDAQ:GNSS)

Does the December share price for Genasys Inc. ( NASDAQ:GNSS ) reflect what it's really worth? Today, we will estimate...

Aug 22

Genasys: Building A Platform To Address World's Critical Communication Needs

The frequency and number of life threatening events, both natural and manmade are increasing every year. Governments and regulators are re-writing national public safety, emergency, and security communication protocols with mandatory requirements and tenders. Genasys is one of the few companies selling critical communication technologies to pre-empt or at least minimise the human and economic cost. Genasys has made multiple strategic and complementary acquisitions to create the broadest portfolio of one stop show emergency solution provider vs competition. Genasys management plan is to grow revenues 3x in 5Y. We analyse this little known company, compare it with its direct competitor and assess its intrinsic value for investment.

Shareholder Returns

GNSSUS CommunicationsUS Market
7D-4.6%-4.9%-3.5%
1Y-48.9%28.4%10.2%

Return vs Industry: GNSS underperformed the US Communications industry which returned 32% over the past year.

Return vs Market: GNSS underperformed the US Market which returned 13.7% over the past year.

Price Volatility

Is GNSS's price volatile compared to industry and market?
GNSS volatility
GNSS Average Weekly Movement8.0%
Communications Industry Average Movement7.6%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: GNSS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: GNSS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a148Richard Danforthhttps://genasys.com

Genasys Inc. a global provider of critical communications hardware and software solutions worldwide. The company operates through two segments, Hardware and Software. It provides long range acoustic devices, such as acoustic hailing devices which are used to project sirens and audible voice messages; and Genasys Emergency Management, a software-based product line.

Genasys Fundamentals Summary

How do Genasys's earnings and revenue compare to its market cap?
GNSS fundamental statistics
Market CapUS$137.54m
Earnings (TTM)US$704.00k
Revenue (TTM)US$47.00m

195.4x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNSS income statement (TTM)
RevenueUS$47.00m
Cost of RevenueUS$23.58m
Gross ProfitUS$23.43m
ExpensesUS$22.72m
EarningsUS$704.00k

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.019
Gross Margin49.84%
Net Profit Margin1.50%
Debt/Equity Ratio0.4%

How did GNSS perform over the long term?

See historical performance and comparison

Valuation

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

4.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GNSS ($3.77) is trading below our estimate of fair value ($3.96)

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


Price To Earnings Ratio

PE vs Industry: GNSS is poor value based on its PE Ratio (195.4x) compared to the US Communications industry average (27.4x).

PE vs Market: GNSS is poor value based on its PE Ratio (195.4x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: GNSS is poor value based on its PEG Ratio (8.7x)


Price to Book Ratio

PB vs Industry: GNSS is overvalued based on its PB Ratio (2.1x) compared to the US Communications industry average (1.9x).


Future Growth

How is Genasys forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

22.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GNSS's forecast earnings growth (22.5% per year) is above the savings rate (2%).

Earnings vs Market: GNSS's earnings (22.5% per year) are forecast to grow faster than the US market (13% per year).

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

Revenue vs Market: GNSS's revenue (13.6% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: GNSS's revenue (13.6% 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 GNSS's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Genasys performed over the past 5 years?

68.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GNSS has high quality earnings.

Growing Profit Margin: GNSS's current net profit margins (1.5%) are lower than last year (27.6%).


Past Earnings Growth Analysis

Earnings Trend: GNSS has become profitable over the past 5 years, growing earnings by 68.7% per year.

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

Earnings vs Industry: GNSS had negative earnings growth (-94.1%) over the past year, making it difficult to compare to the Communications industry average (35%).


Return on Equity

High ROE: GNSS's Return on Equity (1.1%) is considered low.


Financial Health

How is Genasys's financial position?


Financial Position Analysis

Short Term Liabilities: GNSS's short term assets ($35.5M) exceed its short term liabilities ($17.5M).

Long Term Liabilities: GNSS's short term assets ($35.5M) exceed its long term liabilities ($6.7M).


Debt to Equity History and Analysis

Debt Level: GNSS has more cash than its total debt.

Reducing Debt: Insufficient data to determine if GNSS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: GNSS's debt is well covered by operating cash flow (2077.7%).

Interest Coverage: Insufficient data to determine if GNSS's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GNSS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GNSS is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GNSS'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?

5.9yrs

Average management tenure


CEO

Richard Danforth (61 yo)

5.42yrs

Tenure

US$764,356

Compensation

Mr. Richard S. Danforth has been the Chief Executive Officer at Genasys Inc. (formerly known as LRAD Corporation) since August 1, 2016. Mr. Danforth founded RsD Aero, Ltd. in October 2013.He served as the...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD764.36K) is above average for companies of similar size in the US market ($USD577.27K).

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


Leadership Team

Experienced Management: GNSS's management team is seasoned and experienced (5.9 years average tenure).


Board Members

Experienced Board: GNSS's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: GNSS 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 8.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Genasys Inc.
  • Ticker: GNSS
  • Exchange: NasdaqCM
  • Founded: NaN
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: US$137.538m
  • Shares outstanding: 36.48m
  • Website: https://genasys.com

Number of Employees


Location

  • Genasys Inc.
  • 16262 West Bernardo Drive
  • San Diego
  • California
  • 92127
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/18 23:54
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


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.