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Microsaic Systems

AIM:MSYS
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MSYS
AIM
£3M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

Microsaic Systems plc engages in the research, development, and commercialization of mass spectrometry (MS) instruments in the United Kingdom and internationally. The last earnings update was 24 days ago. More info.


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  • Microsaic Systems has significant price volatility in the past 3 months.
MSYS Share Price and Events
7 Day Returns
71.4%
AIM:MSYS
1.9%
GB Electronic
-3.3%
GB Market
1 Year Returns
-45.5%
AIM:MSYS
-8.3%
GB Electronic
-25%
GB Market
MSYS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Microsaic Systems (MSYS) 71.4% -25% -42.9% -45.5% -72.1% -98.8%
GB Electronic 1.9% -10.5% -19.1% -8.3% 19.7% 61.3%
GB Market -3.3% -19.5% -28.9% -25% -25.8% -24.1%
1 Year Return vs Industry and Market
  • MSYS underperformed the Electronic industry which returned -8.3% over the past year.
  • MSYS underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25% over the past year.
Price Volatility
MSYS
Industry
5yr Volatility vs Market

MSYS Value

 Is Microsaic Systems 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 Microsaic Systems. This is due to cash flow or dividend data being unavailable. The share price is £0.006.
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 Microsaic Systems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Microsaic Systems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:MSYS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in GBP £-0.01
AIM:MSYS Share Price ** AIM (2020-04-02) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 16.68x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.47x

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

** Primary Listing of Microsaic Systems.

AIM:MSYS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:MSYS Share Price ÷ EPS (both in GBP)

= 0.01 ÷ -0.01

-0.98x

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

  • Microsaic Systems is loss making, we can't compare its value to the GB Electronic industry average.
  • Microsaic Systems is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Microsaic Systems's expected growth come at a high price?
Raw Data
AIM:MSYS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.01x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 522 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 Microsaic Systems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Microsaic Systems's assets?
Raw Data
AIM:MSYS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in GBP £0.01
AIM:MSYS Share Price * AIM (2020-04-02) in GBP £0.01
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 34 Publicly-Listed Electronic Companies 1.69x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.08x
AIM:MSYS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:MSYS Share Price ÷ Book Value per Share (both in GBP)

= 0.01 ÷ 0.01

0.77x

* Primary Listing of Microsaic Systems.

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

  • Microsaic Systems is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess Microsaic Systems'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. Microsaic Systems has a total score of 1/6, 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.

MSYS Future Performance

 How is Microsaic Systems 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 Microsaic Systems 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
9.9%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Microsaic Systems expected to grow at an attractive rate?
  • Unable to compare Microsaic Systems's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Microsaic Systems's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Microsaic Systems's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:MSYS Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9.9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.6%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*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
AIM:MSYS 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 GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:MSYS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:MSYS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2019-12-31 1 -3 -3
2019-09-30 1 -3 -3
2019-06-30 1 -3 -3
2019-03-31 1 -3 -3
2018-12-31 1 -3 -3
2018-09-30 1 -2 -3
2018-06-30 0 -2 -3
2018-03-31 0 -2 -3
2017-12-31 0 -2 -3
2017-09-30 0 -3 -3
2017-06-30 1 -3 -3
2017-03-31 1 -3 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Microsaic Systems is high growth as no earnings estimate data is available.
  • Unable to determine if Microsaic Systems 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
AIM:MSYS 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 Microsaic Systems Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:MSYS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:MSYS Past Financials Data
Date (Data in GBP Millions) EPS *
2019-12-31 -0.01
2019-09-30 -0.01
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.02
2017-03-31 -0.02

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

Next steps:

  1. Examine Microsaic Systems'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. Microsaic Systems'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 Tech companies here
  3. Microsaic Systems'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 Microsaic Systems'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 Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland 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.
Microsaic Systems 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.

MSYS Past Performance

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

AIM:MSYS Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 0.87 -2.78 0.07 1.05
2019-09-30 0.76 -2.82 0.07 0.96
2019-06-30 0.65 -2.85 0.08 0.87
2019-03-31 0.62 -2.81 0.08 0.87
2018-12-31 0.58 -2.76 0.09 0.87
2018-09-30 0.52 -2.72 0.07 0.87
2018-06-30 0.47 -2.67 0.05 0.87
2018-03-31 0.40 -2.66 0.04 0.88
2017-12-31 0.34 -2.64 0.03 0.89
2017-09-30 0.43 -2.76 0.06 1.24
2017-06-30 0.51 -2.88 0.08 1.59
2017-03-31 0.68 -2.99 0.10 1.35
2016-12-31 0.85 -3.10 0.11 1.12
2016-09-30 0.94 -3.33 -0.89 0.56
2016-06-30 1.03 -3.56 -1.90
2016-03-31 0.91 -3.54 -0.91
2015-12-31 0.78 -3.52 0.08
2015-09-30 0.77 -3.40 0.24
2015-06-30 0.76 -3.27 0.40
2015-03-31 0.95 -3.14 0.28
2014-12-31 1.14 -3.00 0.15
2014-09-30 1.15 -2.82 1.76
2014-06-30 1.15 -2.64 3.36
2014-03-31 1.03 -2.46 3.18
2013-12-31 0.91 -2.29 3.00
2013-09-30 0.80 -2.20 2.61
2013-06-30 0.70 -2.12 2.23

*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 Microsaic Systems has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Microsaic Systems has efficiently used its assets last year compared to the GB Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Microsaic Systems 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 Microsaic Systems'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.
Microsaic Systems 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.

MSYS Health

 How is Microsaic Systems'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 Microsaic Systems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Microsaic Systems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Microsaic Systems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Microsaic Systems'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.
  • Low level of unsold assets.
  • Microsaic Systems 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 Microsaic Systems Company Filings, last reported 3 months ago.

AIM:MSYS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 3.56 0.00 2.62
2019-09-30 3.56 0.00 2.62
2019-06-30 4.72 0.00 4.07
2019-03-31 4.72 0.00 4.07
2018-12-31 6.28 0.00 5.40
2018-09-30 6.28 0.00 5.40
2018-06-30 7.49 0.00 6.96
2018-03-31 7.49 0.00 6.96
2017-12-31 3.90 0.00 3.18
2017-09-30 3.90 0.00 3.18
2017-06-30 5.06 0.00 4.08
2017-03-31 5.06 0.00 4.08
2016-12-31 6.51 0.00 5.73
2016-09-30 6.51 0.00 5.73
2016-06-30 2.80 0.00 1.95
2016-03-31 2.80 0.00 1.95
2015-12-31 4.45 0.00 3.61
2015-09-30 4.45 0.00 3.61
2015-06-30 3.22 0.00 2.65
2015-03-31 3.22 0.00 2.65
2014-12-31 4.81 0.00 4.55
2014-09-30 4.81 0.00 4.55
2014-06-30 2.21 0.00 1.81
2014-03-31 2.21 0.00 1.81
2013-12-31 3.57 0.00 3.24
2013-09-30 3.57 0.00 3.24
2013-06-30 4.77 0.00 4.79
  • Microsaic Systems has no debt.
  • Microsaic Systems has not taken on any debt in the past 5 years.
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.

  • Microsaic Systems has less than a year of cash runway based on current free cash flow.
  • Microsaic Systems has less than a year of cash runway if free cash flow continues to reduce at historical rates of -3.1% each year.
X
Financial health checks
We assess Microsaic Systems'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. Microsaic Systems 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.

MSYS Dividends

 What is Microsaic Systems'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 Microsaic Systems dividends.
If you bought £2,000 of Microsaic Systems 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 Microsaic Systems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Microsaic Systems'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
AIM:MSYS 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
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 622 Stocks 6.1%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.4%

Industry and Market average data is calculated daily.

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

AIM:MSYS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Microsaic Systems has not reported any payouts.
  • Unable to verify if Microsaic Systems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Microsaic Systems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Microsaic Systems 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 Microsaic Systems's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 Microsaic Systems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Microsaic Systems 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.

MSYS Management

 What is the CEO of Microsaic Systems'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
Glenn Tracey
COMPENSATION £154,433
AGE 48
TENURE AS CEO 2.6 years
CEO Bio

Mr. Glenn D. Tracey has been Chief Executive Officer of Microsaic Systems since September 25, 2017. Mr. Tracey served as the Chief Operating Officer at Microsaic Systems PLC since March 19, 2015 until September 25, 2017. He focus on delivering a program of operational excellence in support of Microsaic's partnership strategy and on driving a pipeline of new technologies in growth application areas. He has more than 15 years' experience leading product marketing and R&D for small and large companies in sensing and detection, across applications in human and environmental health. For the majority of this time, he was at global life sciences company PerkinElmer, where he progressed through multiple senior roles advancing PerkinElmer's environmental health technologies from high-end laboratory detection to field-based sensing across a number of markets such as food, air, water and pharmaceuticals. He has been a Director of Microsaic Systems PLC since December 1, 2015. Before joining Microsaic, Mr. Tracey headed business development for Cambridge Temperature Concepts Ltd, a start-up digital health company, based in Cambridge, UK, delivering a FDA approved technology in fertility, with further interests across a range of health applications. He holds a BSc in Applied Chemistry from Salford University, and an MBA from the Open University.

CEO Compensation
  • Glenn's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Glenn's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the Microsaic Systems management team in years:

2.4
Average Tenure
  • The tenure for the Microsaic Systems management team is about average.
Management Team

Glenn Tracey

TITLE
CEO & Director
COMPENSATION
£154K
AGE
48
TENURE
2.6 yrs

Bevan Metcalf

TITLE
Finance Director
COMPENSATION
£128K
AGE
61
TENURE
4.3 yrs

Phil Bray

TITLE
Operations Director
TENURE
2.4 yrs

Richard Moseley

TITLE
Chief Technologist & Member of Scientific Advisory Board
TENURE
2.4 yrs

Steve Wright

TITLE
Chief Scientist & Member of Scientific Advisory Board
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure and age of the Microsaic Systems board of directors in years:

2.9
Average Tenure
57
Average Age
  • The average tenure for the Microsaic Systems board of directors is less than 3 years, this suggests a new board.
Board of Directors

Peter Grant

TITLE
Independent Non-Executive Chairman
COMPENSATION
£71K
AGE
63
TENURE
2.3 yrs

Glenn Tracey

TITLE
CEO & Director
COMPENSATION
£154K
AGE
48
TENURE
4.3 yrs

Bevan Metcalf

TITLE
Finance Director
COMPENSATION
£128K
AGE
61
TENURE
4.3 yrs

Richard Moseley

TITLE
Chief Technologist & Member of Scientific Advisory Board
TENURE
2.9 yrs

Steve Wright

TITLE
Chief Scientist & Member of Scientific Advisory Board
TENURE
2.9 yrs

Eric Yeatman

TITLE
Senior Independent Director
COMPENSATION
£28K
AGE
57

Chris Buckley

TITLE
Independent Non-Executive Director
COMPENSATION
£25K
AGE
57
TENURE
4 yrs

Steve Lane

TITLE
Member of Scientific Advisory Board
TENURE
2.9 yrs

Frank Pullen

TITLE
Member of Scientific Advisory Board
TENURE
2.9 yrs

Richard Fussell

TITLE
Member of Scientific Advisory Board
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Microsaic Systems'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. Microsaic Systems 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.

MSYS News

Simply Wall St News

Before You Buy Microsaic Systems plc (LON:MSYS), Consider Its Volatility

If you're interested in Microsaic Systems plc (LON:MSYS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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What does Microsaic Systems plc's (LON:MSYS) Balance Sheet Tell Us About Its Future?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is financial flexibility worth the 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 You Must Know About Microsaic Systems plc's (LON:MSYS) Financial Strength

The direct benefit for Microsaic Systems plc (LON:MSYS), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is MSYS will have to adhere to stricter debt covenants and have less financial flexibility. … Is MSYS growing fast enough to value financial flexibility over lower cost of capital

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Microsaic Systems plc (LON:MSYS): Has Recent Earnings Growth Beaten Long-Term Trend?

Analyzing Microsaic Systems plc's (AIM:MSYS) track record of past performance is a valuable exercise for investors. … AIM:MSYS Income Statement Jun 5th 18 We can further analyze Microsaic Systems's loss by looking at what the industry has been experiencing over the past few years. … I recommend you continue to research Microsaic Systems to get a better picture of the stock by looking at: Financial Health: Is MSYS’s operations financially sustainable?

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Is This A Catalyst To Buy Microsaic Systems plc (LON:MSYS)?

Microsaic Systems may need to come to market again, but the question is, when? … If opex is maintained at the current level of UK£923.44K, then given the current level of cash in the bank, Microsaic Systems will not need to come to market any time within the next three years. … Next Steps: Investors shouldn’t expect Microsaic Systems to come to market anytime soon, according to the outcome of our analysis.

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Who Are Microsaic Systems plc's (LON:MSYS) Major Shareholders?

Check out our latest analysis for Microsaic Systems AIM:MSYS Ownership_summary May 7th 18 Institutional Ownership MSYS's 49.56% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … 7.71% ownership makes insiders an important shareholder group. … An investor should be encouraged by the ownership of these institutions who are known to be experts in increasing efficiency, improving capital structure and opting for value-accretive policy decisions.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Did Microsaic Systems PLC's (LON:MSYS) Earnings Growth Outperform The Industry?

In this article, I will take a look at Microsaic Systems PLC's (AIM:MSYS) most recent earnings update (30 June 2017) and compare these latest figures against its performance over the past few years, along with how the rest of MSYS's industry performed. … See our latest analysis for Microsaic Systems Could MSYS beat the long-term trend and outperform its industry? … For Microsaic Systems, its latest trailing-twelve-month earnings is -UK£2.88M, which compared to the prior year's figure, has become less negative.

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Why Microsaic Systems PLC (LON:MSYS) Has Zero-Debt On Its Balance Sheet

The direct benefit for Microsaic Systems PLC (AIM:MSYS), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Zero-debt can alleviate some risk associated with the company meeting debt obligations, but this doesn’t automatically mean MSYS has outstanding financial strength. … See our latest analysis for Microsaic Systems Does MSYS's growth rate justify its decision for financial flexibility over lower cost of capital?

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Who Really Owns Microsaic Systems PLC (AIM:MSYS)?

See our latest analysis for MSYS AIM:MSYS Ownership Summary Nov 25th 17 Institutional Ownership In MSYS's case, institutional ownership stands at 32.58%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … Although MSYS has a high institutional ownership, such stock moves, in the short-term, are more commonly linked to a particular type of active institutional investors – hedge funds. … This is an encouraging sign for investors as these investors tend to be active strategist in companies, focusing on increasing operational and capital efficiency for the firm.What this means for you: MSYS's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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MSYS Company Info

Description

Microsaic Systems plc engages in the research, development, and commercialization of mass spectrometry (MS) instruments in the United Kingdom and internationally. It develops and markets chip-based MS instruments based on micro-electro-mechanical systems technology. The company offers micro engineered analytical instruments, such as Microsaic 3500 MiD, 4000 MiD, and 4500 MiD MS systems for bench chemists; MiDas, an integrated interface module and software package allowing automated sampling, dilution, and injection for direct MS analysis at lab bench or fume hoods; and Masscape, an open-access software for method development and LC-MS data analysis. Its products has applications in LCMS, online detection, reaction monitoring, TLC-MS, PAT, and mass-directed prep and flash chromatography. The company also provides various support services, such as installation, warranty and non-warranty repairs, service plans and preventative maintenance visits, applications and software support, and user maintenance training. Microsaic Systems plc was founded in 2001 and is headquartered in Woking, the United Kingdom.

Details
Name: Microsaic Systems plc
MSYS
Exchange: AIM
Founded: 2001
£2,738,190
456,365,146
Website: http://www.microsaic.com
Address: Microsaic Systems plc
GMS House,
Boundary Road,
Woking,
Surrey, GU21 5BX,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM MSYS Ordinary Shares London Stock Exchange AIM Market GB GBP 11. Apr 2011
Number of employees
Current staff
Staff numbers
29
Microsaic Systems employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 23:24
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2019/03/11
Last earnings filing: 2020/03/09
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.