Wayside Technology Group, Inc. operates as an information technology channel company worldwide. More Details
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Wayside Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WSTG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: WSTG's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: WSTG underperformed the US Electronic industry which returned 27.9% over the past year.
Return vs Market: WSTG underperformed the US Market which returned 23.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Wayside Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StDo Insiders Own Lots Of Shares In Wayside Technology Group, Inc. (NASDAQ:WSTG)?
1 year ago | Simply Wall StWayside Technology Group, Inc. (NASDAQ:WSTG) Goes Ex-Dividend In 4 Days
1 year ago | Simply Wall StAre Wayside Technology Group, Inc.’s (NASDAQ:WSTG) High Returns Really That Great?
Is Wayside Technology Group 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: WSTG ($18.78) is trading below our estimate of fair value ($617.87)
Significantly Below Fair Value: WSTG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WSTG is good value based on its PE Ratio (21x) compared to the US Electronic industry average (27.8x).
PE vs Market: WSTG is good value based on its PE Ratio (21x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WSTG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WSTG is good value based on its PB Ratio (1.9x) compared to the US Electronic industry average (2.8x).
How is Wayside Technology Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Wayside Technology Group 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 Wayside Technology Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSTG has high quality earnings.
Growing Profit Margin: WSTG's current net profit margins (1.6%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: WSTG's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: WSTG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WSTG had negative earnings growth (-39%) over the past year, making it difficult to compare to the Electronic industry average (-9.3%).
Return on Equity
High ROE: WSTG's Return on Equity (9.4%) is considered low.
How is Wayside Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: WSTG's short term assets ($125.2M) exceed its short term liabilities ($91.9M).
Long Term Liabilities: WSTG's short term assets ($125.2M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: WSTG is debt free.
Reducing Debt: WSTG had no debt 5 years ago.
Debt Coverage: WSTG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WSTG has no debt, therefore coverage of interest payments is not a concern.
What is Wayside Technology Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSTG's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: WSTG's dividend (3.62%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: WSTG's dividends per share have been stable in the past 10 years.
Growing Dividend: WSTG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (76.1%), WSTG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dale Foster (56 yo)
Mr. Dale Richard Foster served as President at Lifeboat Distribution, Inc. since July 1, 2019 until January 2020 and its Chief Executive Officer since January 2020. Mr. Foster has been Chief Executive Offi...
CEO Compensation Analysis
Compensation vs Market: Dale's total compensation ($USD498.34K) is about average for companies of similar size in the US market ($USD529.43K).
Compensation vs Earnings: Dale's compensation has been consistent with company performance over the past year.
|CEO, President & Director||1yr||US$498.34k||1.16% |
|CFO, VP & Principal Accounting Officer||4.25yrs||US$541.20k||0.78% |
|VP of Operations & Chief Information Officer||5.92yrs||US$526.27k||1.16% |
|Vice President of Vendor Development at Lifeboat Distribution||3yrs||US$444.03k||0.40% |
|Director of Accounting||no data||no data||no data|
Experienced Management: WSTG's management team is considered experienced (3.6 years average tenure).
|CEO, President & Director||1yr||US$498.34k||1.16% |
|Independent Director||1.5yrs||US$61.53k||0.17% |
|Independent Director||1.08yrs||US$5.00k||0.10% |
|Independent Director||0.58yr||no data||0.092% |
|Independent Director||1.58yrs||US$71.95k||0.18% |
|Independent Chairman of the Board||2.67yrs||US$134.87k||0.37% |
|Independent Director||5.08yrs||US$108.20k||0.27% |
Experienced Board: WSTG's board of directors are not considered experienced ( 1.5 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: WSTG 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.
Wayside Technology Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Wayside Technology Group, Inc.
- Ticker: WSTG
- Exchange: NasdaqGM
- Founded: 1982
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: US$78.088m
- Shares outstanding: 4.23m
- Website: https://www.waysidetechnology.com
Number of Employees
- Wayside Technology Group, Inc.
- 4 Industrial Way West
- Suite 300
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PYA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 1995|
|WSTG||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jul 1995|
Wayside Technology Group, Inc. operates as an information technology channel company worldwide. It operates in two segments, Lifeboat Distribution and TechXtend. The company distributes technical software ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/25 23:56|
|End of Day Share Price||2021/01/25 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.