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ProPhotonix

OTCPK:STKR
Snowflake Description

Excellent balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STKR
OTCPK
$6M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

ProPhotonix Limited designs, manufactures, and sells light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, the United Kingdom, Europe, and Asia. The last earnings update was 195 days ago. More info.


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STKR Share Price and Events
7 Day Returns
-11.6%
OTCPK:STKR
0.7%
US Electronic
1.2%
US Market
1 Year Returns
-53.8%
OTCPK:STKR
-0.3%
US Electronic
3%
US Market
STKR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ProPhotonix (STKR) -11.6% -2% -4.8% -53.8% 100% 57.5%
US Electronic 0.7% 1.1% 21.2% -0.3% 59.3% 59.2%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • STKR underperformed the Electronic industry which returned -0.3% over the past year.
  • STKR underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
STKR
Industry
5yr Volatility vs Market
Related Companies

STKR Value

 Is ProPhotonix 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 ProPhotonix 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 ProPhotonix.

OTCPK:STKR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.6%
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 OTCPK:STKR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 21%) (47.44%))
1.316
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.316 * 5.96%)
10.58%

Discounted Cash Flow Calculation for OTCPK:STKR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for ProPhotonix 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.

OTCPK:STKR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.58%)
2019 -1.00 Analyst x1 -0.90
2020 0.50 Analyst x1 0.41
2021 0.46 Est @ -7.46% 0.34
2022 0.44 Est @ -4.4% 0.30
2023 0.43 Est @ -2.26% 0.26
2024 0.43 Est @ -0.77% 0.23
2025 0.43 Est @ 0.28% 0.21
2026 0.43 Est @ 1.02% 0.19
2027 0.44 Est @ 1.53% 0.18
2028 0.45 Est @ 1.89% 0.16
Present value of next 10 years cash flows $1.39
OTCPK:STKR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $0.45 × (1 + 2.73%) ÷ (10.58% – 2.73%)
$5.89
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5.89 ÷ (1 + 10.58%)10
$2.15
OTCPK:STKR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1.39 + $2.15
$3.54
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3.54 / 93.00
$0.04
OTCPK:STKR Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.04
Current discount Discount to share price of $0.06
= -1 x ($0.06 - $0.04) / $0.04
-57.5%

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

  • The current share price of ProPhotonix 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 ProPhotonix's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ProPhotonix's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:STKR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $0.01
OTCPK:STKR Share Price ** OTCPK (2019-03-15) in USD $0.06
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.54x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

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

** Primary Listing of ProPhotonix.

OTCPK:STKR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:STKR Share Price ÷ EPS (both in USD)

= 0.06 ÷ 0.01

6x

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

  • ProPhotonix is good value based on earnings compared to the US Electronic industry average.
  • ProPhotonix is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does ProPhotonix's expected growth come at a high price?
Raw Data
OTCPK:STKR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
26.4%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.54x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:STKR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6x ÷ 26.4%

0.23x

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

  • ProPhotonix is good value based on expected growth next year.
Price based on value of assets
What value do investors place on ProPhotonix's assets?
Raw Data
OTCPK:STKR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $0.05
OTCPK:STKR Share Price * OTCPK (2019-03-15) in USD $0.06
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.1x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:STKR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:STKR Share Price ÷ Book Value per Share (both in USD)

= 0.06 ÷ 0.05

1.2x

* Primary Listing of ProPhotonix.

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

  • ProPhotonix is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess ProPhotonix'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. ProPhotonix has a total score of 4/6, 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.

STKR Future Performance

 How is ProPhotonix expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
26.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ProPhotonix expected to grow at an attractive rate?
  • ProPhotonix's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • ProPhotonix's earnings growth is expected to exceed the United States of America market average.
  • ProPhotonix's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:STKR Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:STKR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 26.4%
OTCPK:STKR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 7.2%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
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
OTCPK:STKR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:STKR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 21 1 1 1
2019-12-31 18 0 -1 1
2018-12-31 16 0 -2 1
OTCPK:STKR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 18 1 1
2018-03-31 18 1 1
2017-12-31 18 1 2
2017-09-30 17 2 2
2017-06-30 17 2 1
2017-03-31 16 2 1
2016-12-31 16 2 1
2016-09-30 16 2 1
2016-06-30 16 1 1
2016-03-31 15 1 1
2015-12-31 14 0 0
2015-09-30 15 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ProPhotonix's earnings are expected to grow significantly at over 20% yearly.
  • ProPhotonix's revenue is expected to grow by 7.2% yearly, however this is not considered high growth (20% yearly).
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
OTCPK:STKR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from ProPhotonix Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:STKR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31
OTCPK:STKR Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 0.01
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.02
2016-12-31 0.02
2016-09-30 0.01
2016-06-30 0.01
2016-03-31 0.01
2015-12-31 0.00
2015-09-30 0.00

*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 ProPhotonix will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess ProPhotonix'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.
ProPhotonix has a total score of 4/6, 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.

STKR Past Performance

  How has ProPhotonix performed over the past 5 years?

  • ProPhotonix's last earnings update was 195 days ago.
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 ProPhotonix's growth in the last year to its industry (Electronic).
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.
  • ProPhotonix has delivered over 20% year on year earnings growth in the past 5 years.
  • ProPhotonix's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • ProPhotonix's 1-year earnings growth is negative, it can't be compared to the US Electronic industry average.
Earnings and Revenue History
ProPhotonix'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 ProPhotonix Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:STKR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 18.07 0.94 6.60 0.75
2018-03-31 17.91 1.49 6.28 0.76
2017-12-31 17.74 2.04 5.95 0.76
2017-09-30 17.22 1.74 5.70 0.79
2017-06-30 16.69 1.44 5.45 0.81
2017-03-31 16.47 1.35 5.26 0.81
2016-12-31 16.25 1.26 5.08 0.81
2016-09-30 16.01 1.06 4.83 0.81
2016-06-30 15.78 0.86 4.58 0.80
2016-03-31 15.09 0.57 4.55 0.73
2015-12-31 14.41 0.28 4.53 0.65
2015-09-30 14.61 -0.37 4.70 0.68
2015-06-30 14.82 -1.03 4.88 0.70
2015-03-31 15.62 -1.18 5.12 0.79
2014-12-31 16.43 -1.34 5.35 0.88
2014-09-30 16.49 -0.73 5.36 0.91
2014-06-30 16.55 -0.12 5.37 0.93
2014-03-31 16.08 -0.64 5.73 0.94
2013-12-31 15.60 -1.15 6.09 0.94
2013-09-30 15.04 -1.91 6.37 0.95
2013-06-30 14.48 -2.67 6.66 0.97
2013-03-31 14.19 -2.78 6.53 0.94
2012-12-31 13.90 -2.90 6.40 0.92
2012-09-30 13.87 -3.21 6.38 0.87
2012-06-30 14.85 -2.72 6.29 0.85
2012-03-31 16.03 -2.09 6.15 0.87

*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.
  • ProPhotonix has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • ProPhotonix used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
  • ProPhotonix's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess ProPhotonix'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 Electronic 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.
ProPhotonix has a total score of 3/6, 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.

STKR Health

 How is ProPhotonix'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 ProPhotonix's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ProPhotonix is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • ProPhotonix's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ProPhotonix'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.
  • Debt is covered by short term assets, assets are 3.5x debt.
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 ProPhotonix Company Filings, last reported 8 months ago.

OTCPK:STKR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 4.65 2.65 3.03
2018-03-31 4.65 2.65 3.03
2017-12-31 4.64 1.49 2.15
2017-09-30 4.64 1.49 2.15
2017-06-30 2.57 1.29 0.83
2017-03-31 2.57 1.29 0.83
2016-12-31 1.61 1.57 0.91
2016-09-30 1.61 1.57 0.91
2016-06-30 0.68 2.55 0.43
2016-03-31 0.68 2.55 0.43
2015-12-31 0.19 2.81 0.43
2015-09-30 0.19 2.81 0.43
2015-06-30 -0.41 3.11 0.21
2015-03-31 -0.41 3.11 0.21
2014-12-31 -0.54 3.38 0.33
2014-09-30 -0.54 3.38 0.33
2014-06-30 -0.70 4.10 0.25
2014-03-31 -0.70 4.10 0.25
2013-12-31 -0.43 3.85 0.40
2013-09-30 -0.43 3.85 0.40
2013-06-30 -0.38 3.06 0.73
2013-03-31 -0.38 3.06 0.73
2012-12-31 0.67 3.07 1.28
2012-09-30 0.67 3.07 1.28
2012-06-30 2.14 3.56 2.95
2012-03-31 2.14 3.56 2.95
  • ProPhotonix's level of debt (56.9%) compared to net worth is high (greater than 40%).
  • ProPhotonix had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (41.3%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.9x coverage).
X
Financial health checks
We assess ProPhotonix'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. ProPhotonix has a total score of 5/6, 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.

STKR Dividends

 What is ProPhotonix'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 ProPhotonix dividends.
If you bought $2,000 of ProPhotonix 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 ProPhotonix's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ProPhotonix'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
OTCPK:STKR 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 1 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

OTCPK:STKR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31

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

  • Unable to perform a dividend volatility check as ProPhotonix has not reported any payouts.
  • Unable to verify if ProPhotonix's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ProPhotonix's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ProPhotonix 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 ProPhotonix's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 ProPhotonix afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ProPhotonix 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.

STKR Management

 What is the CEO of ProPhotonix'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
Tim Losik
COMPENSATION $618,691
AGE 59
CEO Bio

Mr. Timothy Paul Losik, also known as Tim, serves as the Chief Executive Officer and President at ProPhotonix Limited and served as its Chief Financial Officer since January 14, 2008 and Principal Accounting Officer. Mr. Losik served as Chief Operating Officer of ProPhotonix Limited (Formerly, Stockeryale Inc). since January 14, 2008. Prior to ProPhotonix, he served as the Chief Financial Officer of Bluesocket, Inc. since January 4, 2007 and was responsible for its financial management, acquisition evaluation and had supply chain and operations management responsibilities, where he achieved major improvements in product costs and product time-to-market. Mr. Losik draws on his significant financial, planning and operational experience to help build and manage its domestic and international growth. He is a Seasoned Operations and Finance Executive and has 25 Years of Experience. He served as Vice President of Operations and Chief Financial Officer of GlobalWare Solutions, Inc. since 2004. He served as Executive Vice President, Chief Operating Officer, Chief Financial Officer, Secretary and Treasurer of Omtool Ltd. from April 2002 to September 2, 2003, where he spearheaded its financial structuring, managed implementation of Sarbanes-Oxley and developed benchmarking for strategic initiatives. He served as Senior Vice President of International global printed circuit board (PCB) Operations at Sanmina Corporation from June 2000 to December 2000. He served as Senior Vice President of manufacturing in charge of Tech Center Operations and Design for Hadco Corporation from June 1999 to June 2000 and also its Senior Vice President of Eastern Operations from November 1998 to June 1999 and Senior Vice President in charge of Finance from September 1997 to October 1998. He served as Vice President of Hadco Corporation (acquired by Sanmina Corporation in June 2000) from March 1994 to September 1997, Chief Financial Officer and Treasurer from March 1994 to October 1998, Controller from June 1992 to March 1994 and a Corporate Accounting Manager from March 1988 to June 1992. In addition, he held a number of senior management positions, concentrating on acquisitions, integrating business unit activities and developing a technology plan. Mr. Losik held various positions, including being a Partner of various Accounting firms from 1979 to 1986. He joined Hadco in 1986 and has held various finance positions from 1986 to 1994. He has been an Executive Director at ProPhotonix Limited since June 2010. Mr. Losik earned a BS in Accounting and an MBA from New Hampshire College and is a Certified Public Accountant.

CEO Compensation
  • Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Tim's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the ProPhotonix management team in years:

5.9
Average Tenure
  • The average tenure for the ProPhotonix management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tim Losik

TITLE
CEO, President & Executive Director
COMPENSATION
$619K
AGE
59

Ed Dolan

TITLE
Chief Financial Officer
TENURE
1 yrs

Stephen Koski

TITLE
Chief Information Officer
TENURE
12.2 yrs

Fred Pilon

TITLE
Head of Investor Relations

Stephen Abbey

TITLE
Managing Director of Specialty Optical Fiber ("sof")
TENURE
10.8 yrs

Jeremy Lane

TITLE
Managing Director of Prophotonix UK

Tom Rosedale

TITLE
Secretary

Simon Stanley

TITLE
Managing Director of ProPhotonix Ireland
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the ProPhotonix board of directors in years:

8
Average Tenure
66
Average Age
  • The tenure for the ProPhotonix board of directors is about average.
Board of Directors

Ray Oglethorpe

TITLE
Chairman
COMPENSATION
$40K
AGE
73
TENURE
5.8 yrs

Tim Losik

TITLE
CEO, President & Executive Director
COMPENSATION
$619K
AGE
59
TENURE
8.8 yrs

Vincent Thompson

TITLE
Non-Executive Director
COMPENSATION
$40K
AGE
67
TENURE
8 yrs

Tim Steel

TITLE
Non-Executive Director
COMPENSATION
$40K
AGE
66
TENURE
8 yrs

Mark Weidman

TITLE
Independent Director
COMPENSATION
$40K
AGE
61
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess ProPhotonix'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. ProPhotonix 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.

STKR News

Simply Wall St News

STKR Company Info

Description

ProPhotonix Limited designs, manufactures, and sells light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, the United Kingdom, Europe, and Asia. The company operates through two segments, LED’s and Laser & Diodes. It offers COBRA Cure FX series of (UV) LED curing systems for UV curing of inks, coatings, and adhesives; COBRA series LED line light products for line scan and Web inspection; LOTUS LED line lights with integrated intensity control designed for machine vision applications; and SpecBright LED line lights for original equipment manufacturers (OEMs), system integrators, and end users. The company also provides LED spot, area, ring, and long or short range spot lights for use in machine vision, biomedical, life sciences, fluorescence, security, curing, and other industrial imaging applications, as well as LED module accessories, such as thermal management products and heat sinks under the SpecBright name. In addition, it provides laser modules, including alignment, compact, digital laser, fiber coupled laser diode, green laser, industrial, photon, threadmount, and TEC modules; nanosecond pulsed lasers; CW modules; structured light lasers; laser assemblies and lenses; UV laser solutions; wavelength combiner lasers; and custom and OEM products. Further, the company distributes Ushio ex OCLARO/Opnext, Osram, Panasonic, Sony, QSI, and Ondax semiconductor laser diode products. The company’s products are used in 3D scanning, machine vision lighting, industrial alignment, military, medical, UV curing, security and transport, packaging, pharmaceutical, printing, semi-conductor, solar, and other industry applications. ProPhotonix Limited was founded in 1951 and is headquartered in Salem, New Hampshire.

Details
Name: ProPhotonix Limited
STKR
Exchange: OTCPK
Founded: 1951
$5,580,024
93,000,402
Website: http://www.prophotonix.com
Address: ProPhotonix Limited
13 Red Roof Lane,
Suite 200,
Salem,
New Hampshire, 03079,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK STKR Common Stock Pink Sheets LLC US USD 26. Jan 1996
AIM PPIX Common Stock London Stock Exchange AIM Market GB GBP 26. Jan 1996
Number of employees
Current staff
Staff numbers
0
ProPhotonix employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:46
End of day share price update: 2019/03/15 00:00
Last estimates confirmation: 2018/11/02
Last earnings filing: 2018/09/06
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.