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XTEK

ASX:XTE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XTE
ASX
A$22M
Market Cap
  1. Home
  2. AU
  3. Capital Goods
Company description

XTEK Limited provides homeland security products and services to government, defense, and law enforcement agencies worldwide. The last earnings update was 33 days ago. More info.


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  • XTEK has significant price volatility in the past 3 months.
XTE Share Price and Events
7 Day Returns
1.1%
ASX:XTE
24.3%
AU Aerospace & Defense
13.4%
AU Market
1 Year Returns
13.8%
ASX:XTE
22.4%
AU Aerospace & Defense
-18.8%
AU Market
XTE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
XTEK (XTE) 1.1% -17.3% -36.4% 13.8% 30% 19.7%
AU Aerospace & Defense 24.3% -29.6% -35.2% 22.4% 33% 68.3%
AU Market 13.4% -20.7% -24.4% -18.8% -15.9% -15.3%
1 Year Return vs Industry and Market
  • XTE underperformed the Aerospace & Defense industry which returned 22.4% over the past year.
  • XTE outperformed the Market in Australia which returned -18.8% over the past year.
Price Volatility
XTE
Industry
5yr Volatility vs Market

XTE Value

 Is XTEK 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
  • It is not possible to calculate the future cash flow value for XTEK. This is due to cash flow or dividend data being unavailable. The share price is A$0.455.
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 XTEK's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are XTEK's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:XTE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.01
ASX:XTE Share Price ** ASX (2020-03-31) in AUD A$0.46
Global Aerospace & Defense Industry PE Ratio Median Figure of 153 Publicly-Listed Aerospace & Defense Companies 15.63x
Australia Market PE Ratio Median Figure of 514 Publicly-Listed Companies 12.86x

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

** Primary Listing of XTEK.

ASX:XTE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:XTE Share Price ÷ EPS (both in AUD)

= 0.46 ÷ -0.01

-60.62x

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

  • XTEK is loss making, we can't compare its value to the Global Aerospace & Defense industry average.
  • XTEK is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does XTEK's expected growth come at a high price?
Raw Data
ASX:XTE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -60.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Aerospace & Defense Industry PEG Ratio Median Figure of 87 Publicly-Listed Aerospace & Defense Companies 1.57x
Australia Market PEG Ratio Median Figure of 337 Publicly-Listed Companies 0.98x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for XTEK, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on XTEK's assets?
Raw Data
ASX:XTE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$0.22
ASX:XTE Share Price * ASX (2020-03-31) in AUD A$0.46
Australia Aerospace & Defense Industry PB Ratio Median Figure of 8 Publicly-Listed Aerospace & Defense Companies 1.85x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.19x
ASX:XTE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:XTE Share Price ÷ Book Value per Share (both in AUD)

= 0.46 ÷ 0.22

2.04x

* Primary Listing of XTEK.

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

  • XTEK is overvalued based on assets compared to the AU Aerospace & Defense industry average.
X
Value checks
We assess XTEK'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 Aerospace & Defense 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 Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. XTEK has a total score of 0/6, 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.

XTE Future Performance

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

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 XTEK 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
13.9%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is XTEK expected to grow at an attractive rate?
  • Unable to compare XTEK's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare XTEK's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare XTEK's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:XTE Future Growth Rates Data Sources
Data Point Source Value (per year)
Global Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 13.9%
Global Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 4%

*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
ASX:XTE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:XTE Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 45 -4 0
2019-09-30 42 -2 0
2019-06-30 38 1 0
2019-03-31 29 3 0
2018-12-31 20 5 -1
2018-09-30 19 3 0
2018-06-30 17 2 0
2018-03-31 15 0 0
2017-12-31 13 -2 1
2017-09-30 11 -2 0
2017-06-30 9 -1 0
2017-03-31 6 -2 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if XTEK is high growth as no earnings estimate data is available.
  • Unable to determine if XTEK is high growth as no revenue estimate data is available.
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
ASX:XTE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from XTEK Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:XTE Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.01
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 -0.01
2018-12-31 -0.03
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.01
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 -0.04

*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 XTEK will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine XTEK's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. XTEK's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. XTEK's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess XTEK'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 Global market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global 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.
XTEK has a total score of 0/6, 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.

XTE Past Performance

  How has XTEK performed over the past 5 years?

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 XTEK's growth in the last year to its industry (Aerospace & Defense).
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.
  • XTEK does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare XTEK's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare XTEK's 1-year growth to the Global Aerospace & Defense industry average as it is not currently profitable.
Earnings and Revenue History
XTEK'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 XTEK Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:XTE Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 45.49 -0.35 6.08 2.27
2019-09-30 41.67 -0.09 5.54 1.94
2019-06-30 37.86 0.17 5.00 1.61
2019-03-31 29.13 -0.40 4.80 1.52
2018-12-31 20.40 -0.97 4.61 1.43
2018-09-30 18.83 -0.42 4.28 1.33
2018-06-30 17.27 0.14 3.95 1.23
2018-03-31 15.22 0.44 4.13 0.87
2017-12-31 13.18 0.74 4.30 0.52
2017-09-30 11.10 0.40 4.06 0.26
2017-06-30 9.02 0.06 3.82
2017-03-31 5.69 -1.08 3.58
2016-12-31 2.36 -2.22 3.34
2016-09-30 2.86 -1.90 3.26
2016-06-30 3.35 -1.59 3.18
2016-03-31 7.97 -0.59 3.07
2015-12-31 12.59 0.41 2.96
2015-09-30 12.32 0.32 2.93
2015-06-30 12.04 0.23 2.90
2015-03-31 8.72 -0.13 2.92
2014-12-31 5.39 -0.50 2.93
2014-09-30 5.36 -0.36 2.86
2014-06-30 5.32 -0.22 2.79
2014-03-31 4.77 -0.55 2.82
2013-12-31 4.21 -0.87 2.86
2013-09-30 4.27 -0.82 2.90
2013-06-30 4.33 -0.77 2.95

*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.
  • It is difficult to establish if XTEK has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if XTEK has efficiently used its assets last year compared to the Global Aerospace & Defense industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if XTEK improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess XTEK'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 Aerospace & Defense 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.
XTEK has a total score of 0/6, 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.

XTE Health

 How is XTEK'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 XTEK's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • XTEK is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • XTEK's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of XTEK'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.
  • XTEK has no debt, it does not need to be covered by short term assets.
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 XTEK Company Filings, last reported 3 months ago.

ASX:XTE Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 11.83 0.00 4.13
2019-09-30 11.83 0.00 4.13
2019-06-30 7.70 0.00 5.35
2019-03-31 7.70 0.00 5.35
2018-12-31 5.98 0.00 6.61
2018-09-30 5.98 0.00 6.61
2018-06-30 7.57 0.00 5.94
2018-03-31 7.57 0.00 5.94
2017-12-31 6.75 0.00 2.40
2017-09-30 6.75 0.00 2.40
2017-06-30 5.61 0.00 2.82
2017-03-31 5.61 0.00 2.82
2016-12-31 1.58 0.20 0.26
2016-09-30 1.58 0.20 0.26
2016-06-30 1.74 0.00 0.55
2016-03-31 1.74 0.00 0.55
2015-12-31 1.50 0.00 0.62
2015-09-30 1.50 0.00 0.62
2015-06-30 1.66 0.00 0.89
2015-03-31 1.66 0.00 0.89
2014-12-31 0.58 0.00 0.14
2014-09-30 0.58 0.00 0.14
2014-06-30 1.47 0.00 0.65
2014-03-31 1.47 0.00 0.65
2013-12-31 1.09 0.00 1.25
2013-09-30 1.09 0.00 1.25
2013-06-30 1.07 0.00 0.45
  • XTEK has no debt.
  • XTEK currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.

  • XTEK has less than a year of cash runway based on current free cash flow.
  • XTEK has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.7% each year.
X
Financial health checks
We assess XTEK'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. XTEK has a total score of 4/6, 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.

XTE Dividends

 What is XTEK'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 XTEK dividends.
If you bought A$2,000 of XTEK shares you are expected to receive A$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 XTEK's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate XTEK'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
ASX:XTE 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 0 Analyst Estimates (S&P Global) See Below
Global Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 2.4%
Australia Market Average Dividend Yield Market Cap Weighted Average of 373 Stocks 5.4%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.8%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8.4%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as XTEK has not reported any payouts.
  • Unable to verify if XTEK's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of XTEK's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as XTEK 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 XTEK's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - 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 XTEK afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. XTEK 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.

XTE Management

 What is the CEO of XTEK'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
Philippe Odouard
COMPENSATION A$430,644
AGE 64
TENURE AS CEO 3.4 years
CEO Bio

Mr. Philippe Marie Odouard, M.Sc. (Bus.), has been the Managing Director of Xtek Limited since October 4, 2016. Mr. Odouard served as General Manager of Strategy & Business Development for Aerospace & Defense at Quickstep Holdings Limited from October 20, 2015 to June 30, 2016. Mr. Odouard served as the Chief Executive Officer at Quickstep Holdings Ltd. from October 13, 2008 to May 2014 and served as its Managing Director from October 23, 2008 May 2014. He served as Senior Manager of Strategy & Business Development: Defense and Project Director for Thiess Pty Ltd. He served as Finance Director and Company Secretary of Mission NewEnergy Ltd. He has over 30 years Commercial Experience and also has experience in The Global Aerospace and Defense Sectors. He served as an Executive Director of Quickstep Holdings Limited from May 2014 to October 15, 2015. During his time at Quickstep, he turned it from a technology start-up in advanced composite manufacturing to a profitable $50 million company involving large contracts with Lockheed Martin, Northrop Grumman and BAE Systems. Prior to Quickstep, Mr. Odouard held senior management roles with Thomson-CSF (now Thales Group). Mr. Odouard has held extensive experience in managing innovation developments, commercialisation and technology transfers, including negotiation of long term contracts with major global aerospace and Defense groups. He has been Executive Director of Xtek Limited since August 01, 2016. Mr. Odouard served as a Director of Quickstep Holdings Ltd. since October 23, 2009. He holds a Masters of Science in Business from École des Hautes Études Commerciales de Paris.

CEO Compensation
  • Philippe's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Philippe's remuneration is about average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the XTEK management team in years:

3.4
Average Tenure
  • The tenure for the XTEK management team is about average.
Management Team

Philippe Odouard

TITLE
MD & Executive Director
COMPENSATION
A$431K
AGE
64
TENURE
3.4 yrs

David Brooking

TITLE
Chief Financial Officer
COMPENSATION
A$195K
TENURE
4.2 yrs

Bob Quodling

TITLE
COO & Executive Director
COMPENSATION
A$227K
TENURE
3.4 yrs

Laurie Gardiner

TITLE
Head of Corporate Services
COMPENSATION
A$164K

Adriano Di Pietro

TITLE
Chief Technology Officer

David Thompson

TITLE
Head of Engineering Development - Adelaide Office
COMPENSATION
A$104K

Tibor Fekete

TITLE
Head of Business Development & SUAS Business Unit

Ahmed Akkawy

TITLE
Head of Logistics Engineering Business Unit

Mike Bundy

TITLE
President & CEO of HighCom Armor
AGE
39
Board of Directors Tenure

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

6.4
Average Tenure
67
Average Age
  • The tenure for the XTEK board of directors is about average.
Board of Directors

Uwe Boettcher

TITLE
Chairman of the Board
COMPENSATION
A$130K
AGE
67
TENURE
10.7 yrs

Philippe Odouard

TITLE
MD & Executive Director
COMPENSATION
A$431K
AGE
64
TENURE
3.6 yrs

Bob Quodling

TITLE
COO & Executive Director
COMPENSATION
A$227K
TENURE
7 yrs

Ivan Slavich

TITLE
Non-Executive Director
COMPENSATION
A$65K
TENURE
6.4 yrs

Chris Fullerton

TITLE
Non-Executive Director
COMPENSATION
A$65K
AGE
68
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by XTEK individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
24. Mar 20 Buy Uwe Boettcher Individual 24. Mar 20 24. Mar 20 30,000 A$0.43 A$12,900
06. Dec 19 Buy Christopher Fullerton Individual 05. Dec 19 05. Dec 19 27,777 A$0.65 A$17,921
29. Oct 19 Buy HighCom Global Security, Inc. Company 30. Sep 19 30. Sep 19 4,000,000 A$0.72 A$2,880,002
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Management checks
We assess XTEK'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. XTEK 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.

XTE News

Simply Wall St News

What Percentage Of XTEK Limited (ASX:XTE) Shares Do Insiders Own?

Taking a look at our data on the ownership groups (below), it's seems that institutions don't own many shares in the company. … Check out our latest analysis for XTEK ASX:XTE Ownership Summary, August 30th 2019 What Does The Institutional Ownership Tell Us About XTEK? … Insider Ownership Of XTEK The definition of company insiders can be subjective, and does vary between jurisdictions.

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What Kind Of Shareholders Own XTEK Limited (ASX:XTE)?

XTEK is a smaller company with a market capitalization of AU$18m, so it may still be flying under the radar of many institutional investors. … Insider Ownership Of XTEK The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership We can see that Private Companies own 15%, of the shares on issue.

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How Should Investors React To XTEK Limited's (ASX:XTE) CEO Pay?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Philippe Odouard's Compensation Compare With Similar Sized Companies. … Our data indicates that XTEK Limited is worth AU$17m, and total annual CEO compensation is AU$521k.

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If You Had Bought XTEK (ASX:XTE) Stock A Year Ago, You'd Be Sitting On A 39% Loss, Today

Because XTEK is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

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XTEK Limited (ASX:XTE): Time For A Financial Health Check

The direct benefit for XTEK Limited (ASX:XTE), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is XTE right in choosing financial flexibility over lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

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What Type Of Shareholder Owns XTEK Limited's (ASX:XTE)?

The big shareholder groups in XTEK Limited (ASX:XTE) have power over the company. … XTEK is a smaller company with a market capitalization of AU$17m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that.

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A Closer Look At XTEK Limited's (ASX:XTE) Uninspiring ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each A$1 of shareholders' equity it has, the company made A$0.018 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Should You Buy XTEK Limited (ASX:XTE) At This PE Ratio?

and want to better understand how you can grow your money by investing in XTEK Limited (ASX:XTE). … XTEK Limited (ASX:XTE) is trading with a trailing P/E of 20.9x, which is lower than the industry average of 22.4x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind

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Should You Be Holding XTEK Limited (ASX:XTE) Right Now?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … XTE’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … I test XTE’s ratio of fixed assets to total assets in order to determine how high the risk is associated with this type of constraint.

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Who Owns Most Of XTEK Limited (ASX:XTE)?

See our latest analysis for XTEK ASX:XTE Ownership_summary Apr 26th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Broadly, insider ownership of this level has been found to negatively affect companies with consistently low PE ratio (underperforming). … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses.

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XTE Company Info

Description

XTEK Limited provides homeland security products and services to government, defense, and law enforcement agencies worldwide. The company small arms protective insert plates, helmets, structural/non-structural ballistic armour plates and joiners, lightweight components, and carbon fiber composites; and explosive ordnance disposal (EOD) search/hook and line, detection, RSD/disruption, exploitation, force protection, and robotics equipment. It also provides equipment and consumables for crime scene examination and recovery, forensic document examination, latent fingerprint examination and fingerprint processing, forensic biology, trace evidence analysis, and disaster victim identification, as well as through life support, project delivery, inventory control, repairs, maintenance, and training services. In addition, the company offers small unmanned aerial systems, EOD robots and static earthing systems, portable and baggage X-ray systems, remotely initiated firing systems, and radar systems; and protective security and tactical solutions. XTEK Limited was founded in 1978 and is headquartered in Symonston, Australia.

Details
Name: XTEK Limited
XTE
Exchange: ASX
Founded: 1978
A$21,798,555
53,167,209
Website: http://www.xtek.net
Address: XTEK Limited
3 Faulding Street,
Symonston,
Australian Capital Territory, 2609,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX XTE Ordinary Shares Australian Securities Exchange AU AUD 15. Sep 2005
CHIA XTE Ordinary Shares Chi-X Australia AU AUD 15. Sep 2005
Number of employees
Current staff
Staff numbers
0
XTEK employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 10:42
End of day share price update: 2020/03/31 00:00
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.