NasdaqGM:WSTG

Stock Analysis Report

Wayside Technology Group

Executive Summary

Wayside Technology Group, Inc. operates as an information technology channel company worldwide.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.

Risks

  • Wayside Technology Group is not covered by any analysts.

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


Market Performance


7 Day Return

-2.6%

WSTG

-2.3%

US Electronic

-0.6%

US Market


1 Year Return

20.4%

WSTG

-2.9%

US Electronic

0.6%

US Market

WSTG outperformed the Electronic industry which returned -1.9% over the past year.

WSTG outperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

WSTGIndustryMarket
7 Day-2.6%-2.3%-0.6%
30 Day4.0%4.4%2.2%
90 Day30.8%0.2%1.1%
1 Year27.2%20.4%-1.9%-2.9%2.9%0.6%
3 Year-4.8%-17.4%49.3%45.2%44.6%35.2%
5 Year13.1%-9.2%69.8%61.4%61.9%44.2%

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

Valuation

Is Wayside Technology Group undervalued based on future cash flows and its price relative to the stock market?

10.4x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Wayside Technology Group's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Wayside Technology Group's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Wayside Technology Group is good value based on earnings compared to the US Electronic industry average.

Wayside Technology Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Wayside Technology Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Wayside Technology Group is good value based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is Wayside Technology Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Wayside Technology Group is high growth as no revenue estimate data is available.

Wayside Technology Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Wayside Technology Group's revenue growth to the United States of America market average as no estimate data is available.

Wayside Technology Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Wayside Technology Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Wayside Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

  • Explore growth companies in the Tech industry.

Past Performance

How has Wayside Technology Group performed over the past 5 years?

-9.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Wayside Technology Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Wayside Technology Group's 1-year earnings growth exceeds its 5-year average (120.3% vs -9.6%)

Wayside Technology Group's earnings growth has exceeded the US Electronic industry average in the past year (120.3% vs 49.8%).


Return on Equity

Wayside Technology Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Wayside Technology Group used its assets less efficiently than the US Electronic industry average last year based on Return on Assets.


Return on Capital Employed

Wayside Technology Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Wayside Technology Group's financial position?


Financial Position Analysis

Wayside Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Wayside Technology Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Wayside Technology Group has no debt.

Wayside Technology Group currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Wayside Technology Group has no debt, it does not need to be covered by operating cash flow.

Wayside Technology Group has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Wayside Technology Group has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Wayside Technology Group's current dividend yield, its reliability and sustainability?

4.63%

Current Dividend Yield


Dividend Yield and Payments Analysis

Wayside Technology Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Wayside Technology Group's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Wayside Technology Group's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Wayside Technology Group has no CEO, or we have no data on them.


Management Age and Tenure

2.6yrs

Average Tenure

55yo

Average Age

The tenure for the Wayside Technology Group management team is about average.


Board Age and Tenure

1.3yrs

Average Tenure

60.5yo

Average Age

The average tenure for the Wayside Technology Group board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$97,40521 May 19
Global Value Investment Corp
EntityCompany
Shares8,070
Max PriceUS$12.07
SellUS$1,24005 Mar 19
Charles Bass
EntityIndividual
Shares100
Max PriceUS$12.40
BuyUS$6,13304 Mar 19
Jeffrey Geygan
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares495
Max PriceUS$12.39
BuyUS$61,29804 Mar 19
Global Value Investment Corp
EntityCompany
Shares4,975
Max PriceUS$12.40
BuyUS$21,35523 Nov 18
Global Value Investment Corp
EntityCompany
Shares1,870
Max PriceUS$11.42

Ownership Breakdown


Management Team

  • Vito Legrottaglie (55yo)

    VP & Chief Information Officer

    • Tenure: 4.6yrs
    • Compensation: US$375.77k
  • Mike Vesey (57yo)

    CFO & VP

    • Tenure: 0.3yrs
    • Compensation: US$376.14k
  • Kevin Scull (53yo)

    VP & Chief Accounting Officer

    • Tenure: 4.6yrs
    • Compensation: US$246.88k
  • Dale Foster (55yo)

    President

    • Tenure: 0.7yrs
    • Compensation: US$548.02k

Board Members

  • Andy Bryant (63yo)

    Director

    • Tenure: 0.2yrs
  • Mike Faith (54yo)

    Director

    • Tenure: 8.4yrs
    • Compensation: US$107.33k
  • John McCarthy

    Director

    • Tenure: 0.3yrs
  • Jeff Geygan (58yo)

    Chairman of the Board

    • Tenure: 1.3yrs
    • Compensation: US$120.30k
  • Diana Kurty (65yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$114.43k

Company Information

Wayside Technology Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wayside Technology Group, Inc.
  • Ticker: WSTG
  • Exchange: NasdaqGM
  • Founded: 1982
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: US$64.850m
  • Shares outstanding: 4.41m
  • Website: https://www.waysidetechnology.com

Number of Employees


Location

  • Wayside Technology Group, Inc.
  • 4 Industrial Way West
  • Suite 300
  • Eatontown
  • New Jersey
  • 7724
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PYADB (Deutsche Boerse AG)YesCommon StockDEEURJul 1995
WSTGNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 1995

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 23:55
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.