OTCPK:SEEM.F

Stock Analysis Report

Executive Summary

Seeing Machines Limited provides driver monitoring technologies in Australia, North America, the Asia Pacific, Europe, and internationally.


Snowflake Analysis

High growth potential with excellent balance sheet.


Similar Companies

Share Price & News

How has Seeing Machines's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-16.7%

SEEM.F

-1.9%

US Electronic

-1.0%

US Market


1 Year Return

-18.5%

SEEM.F

6.1%

US Electronic

18.0%

US Market

Return vs Industry: SEEM.F underperformed the US Electronic industry which returned 6.1% over the past year.

Return vs Market: SEEM.F underperformed the US Market which returned 18% over the past year.


Shareholder returns

SEEM.FIndustryMarket
7 Day-16.7%-1.9%-1.0%
30 Day-17.9%-6.0%0.6%
90 Day15.0%1.1%7.9%
1 Year-18.5%-18.5%7.2%6.1%20.4%18.0%
3 Year43.8%43.8%34.4%30.8%48.0%38.5%
5 Year-50.0%-50.0%67.4%59.3%72.2%53.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Seeing Machines undervalued compared to its fair value and its price relative to the market?

3.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SEEM.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SEEM.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SEEM.F is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: SEEM.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SEEM.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SEEM.F is overvalued based on its PB Ratio (3.1x) compared to the US Electronic industry average (1.9x).


Next Steps

Future Growth

How is Seeing Machines forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

86.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEEM.F is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).

Earnings vs Market: SEEM.F is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SEEM.F's is expected to become profitable in the next 3 years.

Revenue vs Market: SEEM.F's revenue (38.7% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: SEEM.F's revenue (38.7% 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 SEEM.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Seeing Machines performed over the past 5 years?

-42.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEEM.F is currently unprofitable.

Growing Profit Margin: SEEM.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SEEM.F is unprofitable, and losses have increased over the past 5 years at a rate of -42.2% per year.

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

Earnings vs Industry: SEEM.F is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (13.1%).


Return on Equity

High ROE: SEEM.F has a negative Return on Equity (-47.45%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Seeing Machines's financial position?


Financial Position Analysis

Short Term Liabilities: SEEM.F's short term assets (A$93.0M) exceed its short term liabilities (A$8.8M).

Long Term Liabilities: SEEM.F's short term assets (A$93.0M) exceed its long term liabilities (A$1.8M).


Debt to Equity History and Analysis

Debt Level: SEEM.F's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: SEEM.F's debt to equity ratio has increased from 0.2% to 0.9% over the past 5 years.


Balance Sheet

Inventory Level: SEEM.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: SEEM.F's debt is covered by short term assets (assets are 121.2x debt).


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: SEEM.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SEEM.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -34.6% each year


Next Steps

Dividend

What is Seeing Machines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Years0%

Current dividend yield vs market & industry

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

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

Growing Dividend: Insufficient data to determine if SEEM.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 SEEM.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?

0.7yrs

Average management tenure


CEO

Paul McGlone (54yo)

0.7yrs

Tenure

0

Mr. Paul Andrew McGlone serves as Chief Executive Officer and Executive Director since July 4, 2019 and served as General Manager of the Fleet division, Senior Vice President and interim Chief Executive Of ...


Leadership Team

NamePositionTenureCompensationOwnership
Kenneth Kroeger
Consultant0.7yrsAU$686.94k0.28% A$491.9k
Paul McGlone
CEO & Executive Director0.7yrsno datano data
Timothy Edwards
Co-Founder & CTO20.1yrsno datano data
Michael Cameron
Interim Chief Financial Officer0.6yrsno datano data
Ryan Murphy
Chief Operating Officer1.3yrsno datano data
Susan Dalliston
General Counsel & Company Secretary0yrsno datano data
Sophie Nicoll
Senior Vice President of Corporate Communications0yrsno datano data
Nicole Makin
Senior Vice-President of People0yrsno datano data
Sebastian Rougeaux
Chief Scientist of Machine Intelligence0yrsno datano data
Mike Lenné
Senior Vice President of Fleet & Human Factors0yrsno datano data

0.7yrs

Average Tenure

Experienced Management: SEEM.F's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Paul McGlone
CEO & Executive Director0.7yrsno datano data
John Murray
Independent Non-Executive Director0.2yrsno datano data
Yong Ng
Non-Executive Director3.9yrsAU$55.24k0.043% A$75.9k
Rudolph Burger
Non-Executive Director6.1yrsAU$75.46k0.018% A$32.6k
H. Carmichael
Non-Executive Director4yrsAU$62.15k0.051% A$91.3k
Gerhard Vorster
Independent Non-Executive Director0.2yrsno datano data
Catherine Hill
Chairman0.7yrsAU$37.11k0.047% A$83.4k

0.7yrs

Average Tenure

61yo

Average Age

Experienced Board: SEEM.F's board of directors are not considered experienced ( 0.7 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: Insufficient data to determine if 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 substantially diluted in the past year, with total shares outstanding growing by 52.4%.


Top Shareholders

Company Information

Seeing Machines Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seeing Machines Limited
  • Ticker: SEEM.F
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: UK£137.253m
  • Listing Market Cap: UK£177.962m
  • Shares outstanding: 3.31b
  • Website: https://www.seeingmachines.com

Number of Employees


Location

  • Seeing Machines Limited
  • 80 Mildura Street
  • Fyshwick
  • Australian Capital Territory
  • 2609
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEEAIM (London Stock Exchange AIM Market)YesOrdinary SharesGBGBPDec 2005
SEEM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2005
M2ZDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2005

Biography

Seeing Machines Limited provides driver monitoring technologies in Australia, North America, the Asia Pacific, Europe, and internationally. It develops, sells, and licenses products, services, and technology to detect and manage driver fatigue and distraction; and develops driver-monitoring technology to be incorporated into passenger cars. The company serves automotive, aviation, fleet/guardian, off-road, and rail markets. Seeing Machines Limited was founded in 2000 and is headquartered in Fyshwick, Australia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 01:45
End of Day Share Price2020/02/21 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.