NasdaqCM:VVPR

Stock Analysis Report

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Executive Summary

VivoPower International PLC, together with its subsidiaries, operates as a solar and critical power services company in the United States, Australia, and the United Kingdom.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

33.8%

VVPR

3.4%

US Renewable Energy

3.8%

US Market


1 Year Return

21.2%

VVPR

-0.8%

US Renewable Energy

9.7%

US Market

Return vs Industry: VVPR exceeded the US Renewable Energy industry which returned -0.8% over the past year.

Return vs Market: VVPR exceeded the US Market which returned 9.7% over the past year.


Shareholder returns

VVPRIndustryMarket
7 Day33.8%3.4%3.8%
30 Day13.5%13.7%11.4%
90 Day27.9%-6.6%6.8%
1 Year21.2%21.2%2.3%-0.8%12.1%9.7%
3 Year-61.5%-61.5%38.6%24.8%36.2%27.2%
5 Yearn/a12.2%-13.5%63.7%45.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: VVPR is good value based on its PB Ratio (0.5x) compared to the US Renewable Energy industry average (1.8x).


Next Steps

Future Growth

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

19.4%

Forecasted Utilities 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 VivoPower International 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 VivoPower International performed over the past 5 years?

-22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VVPR is currently unprofitable.

Growing Profit Margin: VVPR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VVPR is unprofitable, and losses have increased over the past 5 years at a rate of -22.2% per year.

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

Earnings vs Industry: VVPR is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (20.6%).


Return on Equity

High ROE: VVPR has a negative Return on Equity (-6.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is VivoPower International's financial position?


Financial Position Analysis

Short Term Liabilities: VVPR's short term assets ($30.2M) exceed its short term liabilities ($22.3M).

Long Term Liabilities: VVPR's short term assets ($30.2M) exceed its long term liabilities ($19.2M).


Debt to Equity History and Analysis

Debt Level: VVPR's debt to equity ratio (81.5%) is considered high.

Reducing Debt: Insufficient data to determine if VVPR's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: Whilst unprofitable VVPR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: VVPR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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

2.5yrs

Average board tenure


CEO

VivoPower International has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Tser Chin
Executive Chairman4.17yrsUS$62.14kno data
Shimi Shah
Independent Non-Executive Director2.5yrsUS$19.12kno data
Ashwin Roy
Independent Non-Executive Director0.75yrno datano data
Peter Sermol
Independent Non-Executive Director3.5yrsUS$19.12kno data
Michael Hui
Non-Executive Director0.33yrno datano data

2.5yrs

Average Tenure

47yo

Average Age

Experienced Board: VVPR's board of directors are not considered experienced ( 2.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

VivoPower International PLC's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VivoPower International PLC
  • Ticker: VVPR
  • Exchange: NasdaqCM
  • Founded: 2016
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Market Cap: US$17.079m
  • Shares outstanding: 13.55m
  • Website: https://www.vivopower.com

Number of Employees


Location

  • VivoPower International PLC
  • 411-413 Oxford Street
  • Unit 3.02
  • London
  • Greater London
  • W1C 2PE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VVPRNasdaqCM (Nasdaq Capital Market)YesOrdinary SharesUSUSDDec 2016

Biography

VivoPower International PLC, together with its subsidiaries, operates as a solar and critical power services company in the United States, Australia, and the United Kingdom. It operates through Critical Power Services and Solar Development segments. The Critical Power Services segment offers energy infrastructure generation and distribution solutions, including the design, supply, installation, and maintenance of power and control systems to a range of commercial and industrial customers. The Solar Development segment engages in the origination, development, construction, financing, operation, optimization, and sale of photovoltaic solar projects. The company was incorporated in 2016 and is headquartered in London, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 06:06
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
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.