OTCPK:PRXM

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Proxim Wireless Corporation provides Wi-Fi, point-to-point, and point-to-multipoint 4G wireless network technologies for wireless Internet, video surveillance, and backhaul applications.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-19.5%

PRXM

2.8%

US Communications

2.9%

US Market


1 Year Return

90.5%

PRXM

-11.7%

US Communications

8.9%

US Market

Return vs Industry: PRXM exceeded the US Communications industry which returned -11.7% over the past year.

Return vs Market: PRXM exceeded the US Market which returned 8.9% over the past year.


Shareholder returns

PRXMIndustryMarket
7 Day-19.5%2.8%2.9%
30 Day100.0%11.7%10.6%
90 Day313.5%16.5%5.1%
1 Year90.5%90.5%-9.4%-11.7%11.4%8.9%
3 Year110.5%110.5%36.4%27.4%34.3%25.4%
5 Year140.0%140.0%57.0%38.6%60.7%42.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Proxim 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 Proxim Wireless is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Proxim 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 PRXM’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 Proxim Wireless regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

12.1%

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 Proxim 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

Past Performance

How has Proxim Wireless performed over the past 5 years?

4.9%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Proxim Wireless has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Proxim Wireless's' management and board experience and expertise to assess their ability to deliver on their strategic promises.
  • 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 Proxim Wireless's filings and announcements here.
  • Explore strong past performing companies in the Tech industry.

Financial Health

How is Proxim Wireless's financial position?


In this section we usually analyse Proxim Wireless's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Proxim Wireless has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of PRXM’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. 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.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Proxim Wireless's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PRXM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if PRXM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PRXM'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 PRXM'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?


CEO

Fred Huey

2.42yrs

Tenure

Mr. Fred Huey has been Chief Financial Officer and Treasurer at Proxim Wireless Corporation since April 2016 and has been its Chief Executive Officer since 2018. Mr. Huey served as the Chief Financial Offi ...


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Proxim Wireless Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Proxim Wireless Corporation
  • Ticker: PRXM
  • Exchange: OTCPK
  • Founded: 1982
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: US$286.264k
  • Shares outstanding: 238.55k
  • Website: https://www.proxim.com

Location

  • Proxim Wireless Corporation
  • 2114 Ringwood Avenue
  • San Jose
  • California
  • 95131
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRXMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDApr 2003

Biography

Proxim Wireless Corporation provides Wi-Fi, point-to-point, and point-to-multipoint 4G wireless network technologies for wireless Internet, video surveillance, and backhaul applications. It offers wireless broadband and backhaul products, wireless LAN access products, and network controllers. The company’s products have applications in transportation, video surveillance, mobility, Wi-Fi offload, backhaul, wireless broadband/ISP, government, carrier Wi-Fi, retail Wi-Fi, and enterprises WLAN. Its broadband wireless equipment is used by enterprises, service providers, carriers, government entities, educational institutions, healthcare organizations, municipalities and other organizations that need high-performance, secure, and scalable broadband wireless solutions. The company serves customers through online retailers, a network of distributors, value-added resellers, system integrators, and original equipment manufacturers in North America, Africa, the Asia Pacific, Europe, Latin America, and the Middle East. The company was founded in 1982 and is headquartered in San Jose, California. As of July 31, 2018, Proxim Wireless Corporation operates as a subsidiary of SRA Holdings, Inc. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 04:04
End of Day Share Price2020/06/04 00:00
Earnings2010/09/30
Annual Earnings2009/12/31


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.