WRAP Stock Overview
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel.
Wrap Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.84|
|52 Week High||US$8.48|
|52 Week Low||US$1.60|
|1 Month Change||-17.86%|
|3 Month Change||-33.57%|
|1 Year Change||-75.27%|
|3 Year Change||-67.32%|
|5 Year Change||n/a|
|Change since IPO||-63.20%|
Recent News & Updates
|WRAP||US Electronic||US Market|
Return vs Industry: WRAP underperformed the US Electronic industry which returned -23.8% over the past year.
Return vs Market: WRAP underperformed the US Market which returned -21.2% over the past year.
|WRAP Average Weekly Movement||15.7%|
|Electronic Industry Average Movement||7.5%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.3%|
Stable Share Price: WRAP is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: WRAP's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Wrap Technologies Fundamentals Summary
|WRAP fundamental statistics|
Is WRAP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WRAP income statement (TTM)|
|Cost of Revenue||US$5.73m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.60|
|Net Profit Margin||-314.05%|
How did WRAP perform over the long term?See historical performance and comparison
Is WRAP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WRAP?
Other financial metrics that can be useful for relative valuation.
|What is WRAP's n/a Ratio?|
Price to Sales Ratio vs Peers
How does WRAP's PS Ratio compare to its peers?
|WRAP PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
AITX Artificial Intelligence Technology Solutions
RCAT Red Cat Holdings
CLIR ClearSign Technologies
WRAP Wrap Technologies
Price-To-Sales vs Peers: WRAP is good value based on its Price-To-Sales Ratio (9.7x) compared to the peer average (62x).
Price to Earnings Ratio vs Industry
How does WRAP's PE Ratio compare vs other companies in the US Electronic Industry?
Price-To-Sales vs Industry: WRAP is expensive based on its Price-To-Sales Ratio (9.7x) compared to the US Electronic industry average (1.7x)
Price to Sales Ratio vs Fair Ratio
What is WRAP's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||9.7x|
|Fair PS Ratio||4.9x|
Price-To-Sales vs Fair Ratio: WRAP is expensive based on its Price-To-Sales Ratio (9.7x) compared to the estimated Fair Price-To-Sales Ratio (4.9x).
Share Price vs Fair Value
What is the Fair Price of WRAP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate WRAP's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate WRAP's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WRAP's PEG Ratio to determine if it is good value.
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How is Wrap Technologies forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WRAP is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: WRAP is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: WRAP is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: WRAP's revenue (65.8% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: WRAP's revenue (65.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if WRAP's Return on Equity is forecast to be high in 3 years time
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How has Wrap Technologies 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: WRAP is currently unprofitable.
Growing Profit Margin: WRAP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WRAP is unprofitable, and losses have increased over the past 5 years at a rate of 57.1% per year.
Accelerating Growth: Unable to compare WRAP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WRAP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (33.9%).
Return on Equity
High ROE: WRAP has a negative Return on Equity (-66.24%), as it is currently unprofitable.
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How is Wrap Technologies's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: WRAP's short term assets ($36.8M) exceed its short term liabilities ($2.8M).
Long Term Liabilities: WRAP's short term assets ($36.8M) exceed its long term liabilities ($436.0K).
Debt to Equity History and Analysis
Debt Level: WRAP is debt free.
Reducing Debt: WRAP had no debt 5 years ago.
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: WRAP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WRAP has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 54.8% each year.
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What is Wrap Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate WRAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate WRAP'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 WRAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WRAP'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 WRAP has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
T. Kennedy (50 yo)
Mr. T. J. Kennedy serves as Chief Executive Officer at Wrap Technologies, Inc. since April 18, 2022 and serves its Director since April 2022. He served as an Independent Director at Wrap Technologies, Inc....
Experienced Management: WRAP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: WRAP's board of directors are not considered experienced ( 2.5 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: WRAP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.
Wrap Technologies, Inc.'s employee growth, exchange listings and data sources
- Name: Wrap Technologies, Inc.
- Ticker: WRAP
- Exchange: NasdaqCM
- Founded: 2016
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: US$75.385m
- Shares outstanding: 40.97m
- Website: https://www.wrap.com
Number of Employees
- Wrap Technologies, Inc.
- 1817 West 4th Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 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.