OTCPK:STKR

Stock Analysis Report

Executive Summary

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.


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-4.0%

STKR

-0.1%

US Electronic

0.06%

US Market


1 Year Return

-45.1%

STKR

8.5%

US Electronic

19.3%

US Market

Return vs Industry: STKR underperformed the US Electronic industry which returned 8.5% over the past year.

Return vs Market: STKR underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

STKRIndustryMarket
7 Day-4.0%-0.1%0.06%
30 Day34.4%-3.8%1.7%
90 Day23.1%3.0%9.0%
1 Year-45.1%-45.1%9.6%8.5%21.8%19.3%
3 Year-62.0%-62.0%37.4%33.7%49.5%39.9%
5 Year13.7%13.7%70.5%62.2%73.1%54.1%

Price Volatility Vs. Market

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


Simply Wall St News

2 years ago | Simply Wall St

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Valuation

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

0.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: STKR 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 STKR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: STKR is good value based on its PB Ratio (0.9x) compared to the US Electronic industry average (1.9x).


Next Steps

Future Growth

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

21.7%

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 ProPhotonix 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 STKR’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 ProPhotonix's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has ProPhotonix performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STKR is currently unprofitable.

Growing Profit Margin: STKR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: STKR is unprofitable, but has reduced losses over the past 5 years at a rate of 14.1% per year.

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

Earnings vs Industry: STKR is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.6%).


Return on Equity

High ROE: STKR has a negative Return on Equity (-27.4%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ProPhotonix's financial position?


Financial Position Analysis

Short Term Liabilities: STKR's short term assets ($8.1M) exceed its short term liabilities ($5.7M).

Long Term Liabilities: STKR's short term assets ($8.1M) exceed its long term liabilities ($547.0K).


Debt to Equity History and Analysis

Debt Level: STKR's debt to equity ratio (48.5%) is considered high.

Reducing Debt: STKR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

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

Debt Coverage by Assets: STKR's debt is covered by short term assets (assets are 4.5x 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: Insufficient data to determine if STKR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if STKR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

6.8yrs

Average management tenure


CEO

Tim Losik (60yo)

6.8yrs

Tenure

US$719,630

Compensation

Mr. Timothy Paul Losik, also known as Tim, is Chief Executive Officer of ProPhotonix Limited since May 28, 2013 and it's President. He served as Chief Financial Officer of ProPhotonix Limited since Janu ...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD719.63K) is above average for companies of similar size in the US market ($USD521.37K).

Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Losik
CEO, President & Executive Director6.8yrsUS$719.63k15.66% $490.2k
Edward Dolan
Chief Financial Officer1.9yrsno datano data
Simon Stanley
Managing Director of ProPhotonix Ireland1.1yrsno datano data
Stephen Koski
Chief Information Officer13.1yrsno datano data
Fred Pilon
Head of Investor Relations0yrsno datano data
Stephen Abbey
Managing Director of Specialty Optical Fiber ("sof")11.7yrsno datano data
Jeremy Lane
Managing Director of Prophotonix UK 0yrsno datano data
Thomas Rosedale
Secretary0yrsno datano data

6.8yrs

Average Tenure

Experienced Management: STKR's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy Losik
CEO, President & Executive Director6.8yrsUS$719.63k15.66% $490.2k
Raymond Oglethorpe
Non Executive Chairman of the Board6.7yrsUS$41.97k0.87% $27.2k
Gerald Vincent Thompson
Non-Executive Director8.9yrsUS$41.97k0.62% $19.4k

8.9yrs

Average Tenure

68yo

Average Age

Experienced Board: STKR's board of directors are considered experienced (8.9 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: ProPhotonix Limited
  • Ticker: STKR
  • Exchange: OTCPK
  • Founded: 1951
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$3.130m
  • Shares outstanding: 93.15m
  • Website: https://www.prophotonix.com

Number of Employees


Location

  • ProPhotonix Limited
  • 13 Red Roof Lane
  • Suite 200
  • Salem
  • New Hampshire
  • 3079
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
STKROTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1996
PPIXAIM (London Stock Exchange AIM Market)YesCommon StockGBGBPJan 1996

Biography

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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:56
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.