company background image
PWFL

PowerFleetNasdaqGM:PWFL Stock Report

Market Cap

US$238.6m

7D

1.1%

1Y

-2.2%

Updated

22 Oct, 2021

Data

Company Financials +
PWFL fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

PWFL Overview

PowerFleet, Inc. provides wireless Internet-of-Things and machine-to-machine solutions in the United States, Israel, and internationally.

PowerFleet Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PowerFleet
Historical stock prices
Current Share PriceUS$6.63
52 Week HighUS$5.78
52 Week LowUS$9.55
Beta1.8
1 Month Change-4.60%
3 Month Change-7.14%
1 Year Change-2.21%
3 Year Change6.94%
5 Year Change29.49%
Change since IPO-10.86%

Recent News & Updates

Jul 13
PowerFleet, Inc.'s (NASDAQ:PWFL) CEO Compensation Is Looking A Bit Stretched At The Moment

PowerFleet, Inc.'s (NASDAQ:PWFL) CEO Compensation Is Looking A Bit Stretched At The Moment

The share price of PowerFleet, Inc. ( NASDAQ:PWFL ) has been growing in the past few years, however, the per-share...

Shareholder Returns

PWFLUS ElectronicUS Market
7D1.1%1.6%1.7%
1Y-2.2%33.6%30.3%

Return vs Industry: PWFL underperformed the US Electronic industry which returned 35.2% over the past year.

Return vs Market: PWFL underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is PWFL's price volatile compared to industry and market?
PWFL volatility
PWFL Beta1.8
Industry Beta1.33
Market Beta1

Stable Share Price: PWFL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PWFL's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993772Chris Wolfehttps://www.powerfleet.com

PowerFleet, Inc. provides wireless Internet-of-Things and machine-to-machine solutions in the United States, Israel, and internationally. The company offers industrial solutions, such as on-premise or in-facility asset and operator management, monitoring, and visibility for industrial trucks, such as forklifts, man-lifts, tuggers, and ground support equipment at airports. It also provides logistic solutions, including bumper-to-bumper asset management, monitoring, and visibility for heavy trucks, dry-van trailers, refrigerated trailers, shipping containers, etc., as well as associated cargos; and mobile-asset tracking and condition-monitoring solutions.

PowerFleet Fundamentals Summary

How do PowerFleet's earnings and revenue compare to its market cap?
PWFL fundamental statistics
Market CapUS$238.57m
Earnings (TTM)-US$10.91m
Revenue (TTM)US$119.57m

2.0x

P/S Ratio

-21.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PWFL income statement (TTM)
RevenueUS$119.57m
Cost of RevenueUS$58.95m
Gross ProfitUS$60.62m
ExpensesUS$71.53m
Earnings-US$10.91m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.30
Gross Margin50.70%
Net Profit Margin-9.12%
Debt/Equity Ratio16.8%

How did PWFL perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PWFL ($6.63) is trading below our estimate of fair value ($16.29)

Significantly Below Fair Value: PWFL is trading below fair value by more than 20%.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PWFL is good value based on its PB Ratio (2.3x) compared to the US Electronic industry average (2.7x).


Future Growth

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

142.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PWFL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PWFL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PWFL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PWFL's revenue (15.8% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: PWFL's revenue (15.8% 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 PWFL's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PowerFleet performed over the past 5 years?

-24.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PWFL is currently unprofitable.

Growing Profit Margin: PWFL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PWFL is unprofitable, and losses have increased over the past 5 years at a rate of 24.8% per year.

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

Earnings vs Industry: PWFL is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (44.3%).


Return on Equity

High ROE: PWFL has a negative Return on Equity (-3.98%), as it is currently unprofitable.


Financial Health

How is PowerFleet's financial position?


Financial Position Analysis

Short Term Liabilities: PWFL's short term assets ($93.0M) exceed its short term liabilities ($39.7M).

Long Term Liabilities: PWFL's short term assets ($93.0M) exceed its long term liabilities ($38.3M).


Debt to Equity History and Analysis

Debt Level: PWFL's debt to equity ratio (16.8%) is considered satisfactory.

Reducing Debt: PWFL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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 PWFL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PWFL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.6% per year.


Dividend

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


Dividend Yield vs Market

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

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

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

3.8yrs

Average management tenure


CEO

Chris Wolfe (63 yo)

4.83yrs

Tenure

US$1,617,680

Compensation

Mr. Chris Adam Wolfe has been the Chief Executive Officer of PowerFleet, Inc. since December 7, 2016 and served as its Chief Product Officer from August 4, 2016 to December 6, 2016. Mr. Wolfe served as an...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD1.62M) is above average for companies of similar size in the US market ($USD1.08M).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PWFL's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: PWFL's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.1%.


Top Shareholders

Company Information

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


Key Information

  • Name: PowerFleet, Inc.
  • Ticker: PWFL
  • Exchange: NasdaqGM
  • Founded: 1993
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$238.571m
  • Shares outstanding: 35.98m
  • Website: https://www.powerfleet.com

Number of Employees


Location

  • PowerFleet, Inc.
  • 123 Tice Boulevard
  • Suite 101
  • Woodcliff Lake
  • New Jersey
  • 7677
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 22:55
End of Day Share Price2021/10/22 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.