OTCPK:NRRW.F

Stock Analysis Report

Executive Summary

NuRAN Wireless Inc., through its subsidiary, Nutaq Innovation Inc., engages in the research, development, manufacture, and marketing of digital electronic circuits and wireless telecommunication products in Canada, the United States, and internationally.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has NuRAN Wireless's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NRRW.F's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.1%

NRRW.F

-12.5%

US Communications

-10.6%

US Market


1 Year Return

-61.5%

NRRW.F

-21.4%

US Communications

5.2%

US Market

Return vs Industry: NRRW.F underperformed the US Communications industry which returned -21.4% over the past year.

Return vs Market: NRRW.F underperformed the US Market which returned 5.2% over the past year.


Shareholder returns

NRRW.FIndustryMarket
7 Day7.1%-12.5%-10.6%
30 Day-5.6%-13.6%-8.5%
90 Day-39.8%-10.7%-4.6%
1 Year-61.5%-61.5%-19.7%-21.4%7.4%5.2%
3 Year-87.8%-87.8%14.9%7.5%31.7%23.2%
5 Yearn/a40.6%24.6%56.4%39.3%

Price Volatility Vs. Market

How volatile is NuRAN Wireless's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NuRAN Wireless undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether NuRAN Wireless is trading at an attractive price based on the cash flow it is expected to produce in the future. But as NuRAN Wireless 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.


Next Steps

  • Take a look at our analysis of NRRW.F’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 NuRAN Wireless regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is NuRAN Wireless forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

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 NuRAN Wireless 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.


Next Steps

  • Take a look at our analysis of NRRW.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access NuRAN Wireless's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has NuRAN Wireless performed over the past 5 years?

-8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NRRW.F is currently unprofitable.

Growing Profit Margin: NRRW.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NRRW.F is unprofitable, and losses have increased over the past 5 years at a rate of -8.9% per year.

Accelerating Growth: Unable to compare NRRW.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NRRW.F is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-19.9%).


Return on Equity

High ROE: NRRW.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is NuRAN Wireless's financial position?


Financial Position Analysis

Short Term Liabilities: NRRW.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NRRW.F 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: NRRW.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NRRW.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: NRRW.F has a high level of physical assets or inventory.

Debt Coverage by Assets: NRRW.F 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: NRRW.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: NRRW.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.4% each year


Next Steps

Dividend

What is NuRAN Wireless's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.1%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NRRW.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NRRW.F'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 NRRW.F's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NRRW.F'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 NRRW.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average board tenure


CEO

Maxime Dumas 0

0.8yrs

Tenure

CA$197,663

Compensation

Mr. Maxime Dumas has been President and Chief Executive Officer of NuRAN Wireless Inc., since April 24, 2019 and also has been its Director since December 12, 2017. Mr. Dumas served as Vice President of St ...


CEO Compensation Analysis

Compensation vs Market: Maxime's total compensation ($USD147.93K) is below average for companies of similar size in the US market ($USD535.60K).

Compensation vs Earnings: Insufficient data to compare Maxime's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Maxime Dumas
President0.8yrsCA$197.66k0.91% CA$47.1k
Thierry Cases
VP of Operations and Research & Development and Director2.2yrsCA$143.03k0.77% CA$39.6k
Francis Létourneau
VP of Sales & Marketing and Director0.2yrsCA$134.38k1.05% CA$54.4k
Vitor Fonseca
Director0yrsno data0.058% CA$3.0k
Christian de Faria
Non-Executive Director1.1yrsno datano data

1.6yrs

Average Tenure

Experienced Board: NRRW.F's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NRRW.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.8%.


Top Shareholders

Company Information

NuRAN Wireless Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NuRAN Wireless Inc.
  • Ticker: NRRW.F
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: CA$6.919m
  • Listing Market Cap: CA$5.178m
  • Shares outstanding: 172.98m
  • Website: https://www.nuranwireless.com

Location

  • NuRAN Wireless Inc.
  • 2150 Cyrille-Duquet Street
  • Suite 100
  • Quebec
  • Quebec
  • G1N 2G3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NURCNSX (Canadian National Stock Exchange)YesCommon SharesCACADOct 2015
NRRW.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015
1RNDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2015

Biography

NuRAN Wireless Inc., through its subsidiary, Nutaq Innovation Inc., engages in the research, development, manufacture, and marketing of digital electronic circuits and wireless telecommunication products in Canada, the United States, and internationally. The company provides various specialized systems for indoor coverage, rural connectivity in emerging markets, connectivity to offshore platforms and ships, private mobile networks, or custom solutions for specific markets, such as Internet of Thing, public safety, emergency, or crisis communications. Its products include GSM LiteCell, a GSM base station for rural and roadside coverages, low density villages, remote sites, developing countries/emerging markets, and private networks; and GSM-EDGE Superfemto, which supports GSM, GPRS, and EDGE in various logical channel combinations, adapting to traffic requirements, and exploiting radio link resources for in-building coverage, offshore platforms and ships, private networks, and network-in-a-box applications. The company’s products also comprise Nexus Core Network, a 2G and 3G soft core network for small to medium-sized operations, including regional and rural mobile, as well as enterprise private networks; and humanitarian and disaster relief organizations. In addition, it offers OC-LTE for broadband wireless connectivity; and OC-2G, a GSM base station. Further, the company offers GSM network-in-a-box solution, which allows the deployment of a GSM network; LiteRAN 2G solution, a rural GSM network; and end-to-end GSM network solutions for small to medium-sized operations. NuRAN Wireless Inc. was incorporated in 2014 and is headquartered in Quebec, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:43
End of Day Share Price2020/02/27 00:00
Earnings2019/07/31
Annual Earnings2018/10/31


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.