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Westell Technologies

Nasdaq:WSTL
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WSTL
Nasdaq
$33M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Westell Technologies, Inc., through its subsidiary, Westell, Inc., designs and distributes telecommunications products to telephone companies in the United States. The last earnings update was 44 days ago. More info.


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WSTL Share Price and Events
7 Day Returns
-3%
NasdaqCM:WSTL
-1%
US Communications
-1.1%
US Market
1 Year Returns
-39%
NasdaqCM:WSTL
16.9%
US Communications
6.4%
US Market
WSTL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Westell Technologies (WSTL) -3% -4.7% 11.3% -39% -55.2% -85.3%
US Communications -1% 3.8% 25% 16.9% 77.2% 85.7%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • WSTL underperformed the Communications industry which returned 16.9% over the past year.
  • WSTL underperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
WSTL
Industry
5yr Volatility vs Market

WSTL Value

 Is Westell Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Westell Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Westell Technologies.

NasdaqCM:WSTL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:WSTL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Communications Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.084 (1 + (1- 21%) (0%))
1.056
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.056 * 5.96%)
9.03%

Discounted Cash Flow Calculation for NasdaqCM:WSTL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Westell Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:WSTL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.03%)
2019 1.89 Est @ -12.05% 1.73
2020 1.75 Est @ -7.61% 1.47
2021 1.67 Est @ -4.51% 1.29
2022 1.63 Est @ -2.34% 1.15
2023 1.62 Est @ -0.82% 1.05
2024 1.62 Est @ 0.25% 0.96
2025 1.64 Est @ 0.99% 0.89
2026 1.66 Est @ 1.51% 0.83
2027 1.69 Est @ 1.88% 0.78
2028 1.73 Est @ 2.13% 0.73
Present value of next 10 years cash flows $10.88
NasdaqCM:WSTL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1.73 × (1 + 2.73%) ÷ (9.03% – 2.73%)
$28.19
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $28.19 ÷ (1 + 9.03%)10
$11.88
NasdaqCM:WSTL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $10.88 + $11.88
$22.76
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $22.76 / 15.48
$1.47
NasdaqCM:WSTL Discount to Share Price
Calculation Result
Value per share (USD) From above. $1.47
Current discount Discount to share price of $2.12
= -1 x ($2.12 - $1.47) / $1.47
-43.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Westell Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Westell Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Westell Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:WSTL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.26
NasdaqCM:WSTL Share Price ** NasdaqCM (2019-03-22) in USD $2.12
United States of America Communications Industry PE Ratio Median Figure of 34 Publicly-Listed Communications Companies 29.74x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Westell Technologies.

NasdaqCM:WSTL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:WSTL Share Price ÷ EPS (both in USD)

= 2.12 ÷ -0.26

-8x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Westell Technologies is loss making, we can't compare its value to the US Communications industry average.
  • Westell Technologies is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Westell Technologies's expected growth come at a high price?
Raw Data
NasdaqCM:WSTL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Communications Industry PEG Ratio Median Figure of 21 Publicly-Listed Communications Companies 1.25x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Westell Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Westell Technologies's assets?
Raw Data
NasdaqCM:WSTL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.19
NasdaqCM:WSTL Share Price * NasdaqCM (2019-03-22) in USD $2.12
United States of America Communications Industry PB Ratio Median Figure of 68 Publicly-Listed Communications Companies 1.83x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NasdaqCM:WSTL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:WSTL Share Price ÷ Book Value per Share (both in USD)

= 2.12 ÷ 3.19

0.66x

* Primary Listing of Westell Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Westell Technologies is good value based on assets compared to the US Communications industry average.
X
Value checks
We assess Westell Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check)
  5. Westell Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WSTL Future Performance

 How is Westell Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Westell Technologies 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.8%
Expected Communications industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Westell Technologies expected to grow at an attractive rate?
  • Unable to compare Westell Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Westell Technologies's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Westell Technologies's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:WSTL Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Communications Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Communications Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:WSTL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:WSTL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqCM:WSTL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 45 3 -4
2018-09-30 48 5 -2
2018-06-30 55 3 1
2018-03-31 59 7 0
2017-12-31 63 3 0
2017-09-30 64 4 -2
2017-06-30 65 -1 -9
2017-03-31 63 -7 -16
2016-12-31 68 -10 -20
2016-09-30 74 -14 -23
2016-06-30 81 -9 -20
2016-03-31 88 -6 -16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Westell Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Westell Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:WSTL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Westell Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:WSTL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqCM:WSTL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.26
2018-09-30 -0.11
2018-06-30 0.04
2018-03-31 0.00
2017-12-31 0.03
2017-09-30 -0.14
2017-06-30 -0.57
2017-03-31 -1.04
2016-12-31 -1.34
2016-09-30 -1.54
2016-06-30 -1.32
2016-03-31 -1.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Westell Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Westell Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Westell Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. Westell Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Westell Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Westell Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WSTL Past Performance

  How has Westell Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Westell Technologies's growth in the last year to its industry (Communications).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Westell Technologies does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Westell Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Westell Technologies's 1-year growth to the US Communications industry average as it is not currently profitable.
Earnings and Revenue History
Westell Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Westell Technologies Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:WSTL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 44.96 -4.11 14.28 6.36
2018-09-30 47.91 -1.76 13.99 6.17
2018-06-30 55.04 0.56 14.52 6.53
2018-03-31 58.58 0.03 14.89 7.38
2017-12-31 62.87 0.39 15.08 8.37
2017-09-30 64.18 -2.22 15.34 9.24
2017-06-30 64.72 -8.75 16.66 10.37
2017-03-31 62.97 -15.94 18.34 12.37
2016-12-31 68.48 -20.46 21.38 14.73
2016-09-30 73.72 -23.45 24.19 17.21
2016-06-30 81.45 -20.12 25.68 18.51
2016-03-31 88.20 -16.49 26.12 19.32
2015-12-31 85.91 -24.55 25.90 18.82
2015-09-30 79.74 -47.29 24.89 18.28
2015-06-30 77.87 -60.36 24.49 17.96
2015-03-31 84.13 -59.04 24.80 17.35
2014-12-31 89.94 -42.01 25.27 16.62
2014-09-30 101.13 -12.52 26.56 14.80
2014-06-30 107.44 4.35 26.67 13.12
2014-03-31 102.07 4.42 27.13 11.34
2013-12-31 88.32 -37.10 23.70 9.40
2013-09-30 71.95 -40.23 20.89 8.25
2013-06-30 51.85 -43.13 18.54 7.11
2013-03-31 38.81 -42.54 15.69 5.93
2012-12-31 39.48 -7.75 15.78 6.23
2012-09-30 45.00 -7.03 14.91 6.66
2012-06-30 55.87 -2.89 14.41 7.17
2012-03-31 43.63 -0.93 12.84 5.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Westell Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Westell Technologies has efficiently used its assets last year compared to the US Communications industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Westell Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Westell Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Westell Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WSTL Health

 How is Westell Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Westell Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Westell Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Westell Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Westell Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Westell Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Westell Technologies Company Filings, last reported 2 months ago.

NasdaqCM:WSTL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 49.14 0.00 27.07
2018-09-30 50.83 0.00 28.47
2018-06-30 52.47 0.00 25.84
2018-03-31 52.30 0.00 27.74
2017-12-31 52.94 0.00 26.03
2017-09-30 51.93 0.00 24.21
2017-06-30 51.56 0.00 23.69
2017-03-31 52.17 0.00 21.78
2016-12-31 52.50 0.00 23.84
2016-09-30 54.06 0.00 20.92
2016-06-30 59.24 0.00 25.27
2016-03-31 66.68 0.00 29.72
2015-12-31 71.49 0.00 34.80
2015-09-30 76.03 0.00 36.35
2015-06-30 78.28 0.00 36.92
2015-03-31 81.74 0.00 37.93
2014-12-31 95.28 0.00 42.92
2014-09-30 122.54 0.00 48.29
2014-06-30 136.63 0.00 46.82
2014-03-31 138.64 0.00 51.38
2013-12-31 133.26 0.00 86.81
2013-09-30 130.35 0.00 81.07
2013-06-30 128.43 0.00 80.86
2013-03-31 131.08 0.00 112.58
2012-12-31 168.98 0.00 115.05
2012-09-30 173.37 0.00 119.56
2012-06-30 179.83 0.00 124.41
2012-03-31 186.36 0.00 135.29
  • Westell Technologies has no debt.
  • Westell Technologies has not taken on any debt in the past 5 years.
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.

  • Whilst loss making Westell Technologies has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Westell Technologies has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -95.4% per year.
X
Financial health checks
We assess Westell Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Westell Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WSTL Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Westell Technologies dividends.
If you bought $2,000 of Westell Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Westell Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Westell Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:WSTL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Communications Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:WSTL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Westell Technologies has not reported any payouts.
  • Unable to verify if Westell Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Westell Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Westell Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Westell Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Westell Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Westell Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WSTL Management

 What is the CEO of Westell Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Stephen John
AGE 58
TENURE AS CEO 0.8 years
CEO Bio

Mr. Alfred S. John, also known as Stephen, has been President and Chief Executive Officer of Westell Technologies, Inc. since May 21, 2018. Mr. John served as Executive Vice President of Technology and Operations at Rise Broadband, responsible for strategic technology and product development. Prior to that, he was Senior Vice President and Chief Revenue Officer at UNSi Inc. from 2012 to 2014, a business Internet provider, where he was responsible for developing and executing an M&A strategy that doubled revenue while significantly improving profitability. He has more than twenty-five years of experience in executive leadership, new business development, and sales management. He also served as President and CEO of Cheetah Technologies LP from 2009 to 2012 , and American Broadband Communications LLC from 2002 to 2008, and was previously in senior management roles at Charter Business Networks and Charter Communications Inc.

CEO Compensation
  • Insufficient data for Stephen to compare compensation growth.
  • Insufficient data for Stephen to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Westell Technologies management team in years:

2.5
Average Tenure
58
Average Age
  • The tenure for the Westell Technologies management team is about average.
Management Team

Tom Minichiello

TITLE
Senior VP
COMPENSATION
$498K
AGE
59
TENURE
5.7 yrs

J.J. Swartwood

TITLE
Senior Vice President of Worldwide Sales
COMPENSATION
$345K
AGE
44
TENURE
2.5 yrs

Stephen John

TITLE
President & CEO
AGE
58
TENURE
0.8 yrs

Oscar Hernandez

TITLE
Senior Vice President
Board of Directors Tenure

Average tenure and age of the Westell Technologies board of directors in years:

2.2
Average Tenure
60
Average Age
  • The average tenure for the Westell Technologies board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kirk Brannock

TITLE
Chairman of the Board
COMPENSATION
$559K
AGE
60
TENURE
1.5 yrs

Robert Penny

TITLE
Director
COMPENSATION
$130K
AGE
65
TENURE
20.5 yrs

Dennis Harris

TITLE
Director
COMPENSATION
$169K
AGE
74
TENURE
9.2 yrs

Mark Zorko

TITLE
Director
COMPENSATION
$154K
AGE
66
TENURE
2.2 yrs

Robert Foskett

TITLE
Director
COMPENSATION
$130K
AGE
41
TENURE
9.5 yrs

Cary Wood

TITLE
Director
COMPENSATION
$150K
AGE
51
TENURE
2 yrs

Scott Chandler

TITLE
Director
AGE
56
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Westell Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Westell Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WSTL News

Simply Wall St News

Does The Westell Technologies, Inc. (NASDAQ:WSTL) Share Price Tend To Follow The Market?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

What Percentage Of Westell Technologies, Inc. (NASDAQ:WSTL) Shares Do Insiders Own?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Westell Technologies is a smaller company with a market capitalization of US$30m, so it may still be flying under the radar of many institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

How Does Westell Technologies Inc (NASDAQ:WSTL) Affect Your Portfolio Returns?

The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … Not every stock is exposed to the same level of market risk.

Simply Wall St -

Who Really Owns Westell Technologies Inc (NASDAQ:WSTL)?

In this article, I will take a quick look at Westell Technologies Inc’s (NASDAQ:WSTL) recent ownership structure – an unconventional investing subject, but an important one. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

What Does Westell Technologies Inc's (NASDAQ:WSTL) Share Price Indicate?

Westell Technologies Inc (NASDAQ:WSTL), a communications company based in United States,. … A question to answer is whether Westell Technologies's current trading price of $2.85 reflective of the actual value of the? … Let’s take a look at Westell Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Will Westell Technologies Inc (NASDAQ:WSTL) Ride The Tech Growth Wave?

Westell Technologies Inc (NASDAQ:WSTL), is a US$45.48M small-cap, which operates in the tech hardware industry based in United States. … Today, I will analyse the industry outlook, and also determine whether Westell Technologies is a laggard or leader relative to its tech sector peers. … Next Steps: Westell Technologies is an tech industry laggard in terms of its future growth outlook.

Simply Wall St -

Does Westell Technologies Inc's (NASDAQ:WSTL) PE Ratio Warrant A Sell?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for WSTL Price per share = $3.46 Earnings per share = $0.025 ∴ Price-Earnings Ratio = $3.46 ÷ $0.025 = 136.9x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … Ultimately, our goal is to compare the stock’s P/E ratio to the average of companies that have similar attributes to WSTL, such as company lifetime and products sold. … For example, if you are inadvertently comparing riskier firms with WSTL, then WSTL’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

Should You Buy Westell Technologies Inc (NASDAQ:WSTL) Now?

Let’s take a look at Westell Technologies’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Westell Technologies, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

How Did Westell Technologies Inc's (NASDAQ:WSTL) 0.74% ROE Fare Against The Industry?

View our latest analysis for Westell Technologies Breaking down Return on Equity Return on Equity (ROE) is a measure of Westell Technologies’s profit relative to its shareholders’ equity. … Since Westell Technologies’s return does not cover its cost, with a difference of -8.50%, this means its current use of equity is not efficient and not sustainable. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NasdaqCM:WSTL Last Perf Apr 16th 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

Simply Wall St -

Who Owns Most Of Westell Technologies Inc (WSTL)?

See our latest analysis for WSTL NasdaqCM:WSTL Ownership Summary Oct 21st 17 Institutional Ownership Institutions account for 21.60% of WSTL's outstanding shares, a significant enough holding to move stock prices if they start buying and selling in large quantities, especially when there are relatively small amounts of shares available on the market to trade. … One of the major owners in WSTL are individual insiders, sitting with a hefty 32.16% stake in the company. … NasdaqCM:WSTL Insider Trading Oct 21st 17 General Public Ownership The general public holds a substantial 39.79% stake in WSTL, making it a highly popular stock among retail investors.

Simply Wall St -

WSTL Company Info

Description

Westell Technologies, Inc., through its subsidiary, Westell, Inc., designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management and Services (ISMS), and Communications Network Solutions (CNS). The IBW segment offers distributed antenna system conditioners; repeaters; battery backup units; and system components and antennas, including couplers, duplexers, splitters, filters, and tappers for commercial and public safety in-building wireless systems. The ISMS segment provides a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control site infrastructure and support systems. The CNS segment provides a range of outdoor network infrastructure, such as integrated cabinets, power distribution products, copper and fiber connectivity panels, T1 network interface units, and tower mounted amplifiers. The company serves wireless and wireline service providers, multiple systems operators, Internet service providers, systems integrators, neutral host operators, and distributors through field sales organization, distributors, and partners. Westell Technologies, Inc. was founded in 1980 and is headquartered in Aurora, Illinois.

Details
Name: Westell Technologies, Inc.
WSTL
Exchange: NasdaqCM
Founded: 1980
$32,731,164
15,475,728
Website: http://www.westell.com
Address: Westell Technologies, Inc.
750 North Commons Drive,
Aurora,
Illinois, 60504,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM WSTL Class A Common Stock Nasdaq Capital Market US USD 01. Dec 1995
DB WEU1 Class A Common Stock Deutsche Boerse AG DE EUR 01. Dec 1995
Number of employees
Current staff
Staff numbers
115
Westell Technologies employees.
Industry
Communications Equipment
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:45
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2018/05/23
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.