Netlist, Inc. designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide.
Limited growth with weak fundamentals.
Share Price & News
How has Netlist's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NLST has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NLST underperformed the US Electronic industry which returned 10.4% over the past year.
Return vs Market: NLST underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Netlist's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Netlist undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Netlist is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Netlist has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of NLST’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Netlist regulatory filings here.
- Explore potentially undervalued companies in the Tech industry.
How is Netlist forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NLST is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NLST is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NLST is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NLST's revenue (38.1% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: NLST's revenue (38.1% 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 NLST's Return on Equity is forecast to be high in 3 years time
How has Netlist performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NLST is currently unprofitable.
Growing Profit Margin: NLST is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NLST is unprofitable, but has reduced losses over the past 5 years at a rate of 2% per year.
Accelerating Growth: Unable to compare NLST's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NLST is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.6%).
Return on Equity
High ROE: NLST's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
How is Netlist's financial position?
Financial Position Analysis
Short Term Liabilities: NLST has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NLST has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NLST has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NLST's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Inventory Level: NLST has a high level of physical assets or inventory.
Debt Coverage by Assets: NLST has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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: NLST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NLST has less than a year of cash runway if free cash flow continues to reduce at historical rates of -12.6% each year
What is Netlist's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NLST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NLST's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NLST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NLST'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 NLST's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chuck Hong (58yo)
Mr. Chun K. Hong, also known as Chuck, co-founded Netlist Inc. in 2000 and has been its Chief Executive Officer and President since 2000. Mr. Hong served as the President and Chief Operating Officer of Inf ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD446.11K) is about average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
|VP, CFO & Secretary||12.1yrs||US$220.33k||0.061% $31.8k|
|Vice President of Operations||0yrs||no data||no data|
|Vice President of Sales||1.5yrs||no data||no data|
|Chief Licensing Officer||0.6yrs||no data||no data|
|Executive Advisor of Asia Pacific Sales & Strategic Business Development||2.4yrs||no data||no data|
Experienced Management: NLST's management team is considered experienced (2.4 years average tenure).
|Independent Director||6.5yrs||US$40.99k||0.077% $40.1k|
|Lead Independent Director||2.2yrs||US$41.99k||0.18% $94.2k|
|Independent Director||2.8yrs||US$44.99k||0.059% $30.9k|
Experienced Board: NLST's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NLST insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 56.6%.
Netlist, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Netlist, Inc.
- Ticker: NLST
- Exchange: OTCPK
- Founded: 2000
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: US$52.291m
- Shares outstanding: 169.50m
- Website: https://www.netlist.com
Number of Employees
- Netlist, Inc.
- 175 Technology Drive
- Suite 150
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NLST||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Nov 2006|
|XAB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2006|
|0K6M||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Nov 2006|
Netlist, Inc. designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. It offers Hybri dual in-line memory module (DIMM), a storage class memory product, which unifies dynamic random access memory (DRAM) and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds. The company also provides nonvolatile (NV) memory products, such as EXPRESSvault PCIe, a plug-and-play memory card, which offers data acceleration and data protection for server appliances; NVvault DDR4 NVDIMM that provides data acceleration and data protection in a JEDEC standard DDR4 interface; and specialty DIMMs and embedded flash products for use in data center and industrial applications. In addition, it resells NAND flash, DRAM products, and other component products to storage customers, appliance customers, system builders, and cloud and datacenter customers; and sells component inventory to distributors and other users of memory integrated circuits. The company markets and sells its products primarily to original equipment manufacturers through a direct sales force and a network of independent sales representatives. Netlist, Inc. was founded in 2000 and is headquartered in Irvine, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 00:17|
|End of Day Share Price||2020/02/14 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.