WAYSIDE TECHNOLOGY GROUP INC (WSTG)
US9467601053 - Common Stock
We assign a fundamental rating of 3 out of 10 to WSTG. WSTG was compared to 127 industry peers in the Electronic Equipment, Instruments & Components industry. WSTG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. WSTG has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
WSTG had positive earnings in the past year.
In the past year WSTG had a positive cash flow from operations.
Each year in the past 5 years WSTG has been profitable.
WSTG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.36% | ||
| ROE | 20.93% | ||
| ROIC | 18.72% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WSTG's Profit Margin has improved in the last couple of years.
WSTG's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.31% | ||
| PM (TTM) | 4.02% | ||
| GM | N/A |
OM growth 3Y22.22%
OM growth 5Y6.98%
PM growth 3Y38%
PM growth 5Y9.29%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WSTG is creating some value.
Compared to 1 year ago, WSTG has more shares outstanding
There is no outstanding debt for WSTG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
WSTG has an Altman-Z score of 3.03. This indicates that WSTG is financially healthy and has little risk of bankruptcy at the moment.
The Debt to FCF ratio of WSTG is 0.34, which is an excellent value as it means it would take WSTG, only 0.34 years of fcf income to pay off all of its debts.
A Debt/Equity ratio of 0.03 indicates that WSTG is not too dependend on debt financing.
Although WSTG does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | 0.34 | ||
| Altman-Z | 3.03 |
ROIC/WACC1.72
WACC10.86%
2.3 Liquidity
WSTG has a Current Ratio of 1.25. This is a normal value and indicates that WSTG is financially healthy and should not expect problems in meeting its short term obligations.
A Quick Ratio of 1.24 indicates that WSTG should not have too much problems paying its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
WSTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.36%, which is quite impressive.
WSTG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.43% yearly.
WSTG shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.90%.
WSTG shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -7.54% yearly.
EPS 1Y (TTM)43.36%
EPS 3Y39.36%
EPS 5Y10.43%
EPS growth Q2Q28.57%
Revenue 1Y (TTM)-14.9%
Revenue growth 3Y15.92%
Revenue growth 5Y-7.54%
Revenue growth Q2Q-50.88%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.11 indicates a correct valuation of WSTG.
WSTG is valuated cheaply when we compare the Price/Earnings ratio to 28.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.11 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.64 | ||
| EV/EBITDA | 6.74 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.16
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
WSTG has a Yearly Dividend Yield of 2.30%.
Compared to an average S&P500 Dividend Yield of 2.34, WSTG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
5.2 History
WSTG has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
26.22% of the earnings are spent on dividend by WSTG. This is a low number and sustainable payout ratio.
DP26.22%
EPS Next 2YN/A
EPS Next 3YN/A
WAYSIDE TECHNOLOGY GROUP INC
NASDAQ:WSTG (10/28/2022, 7:06:31 PM)
After market: 28.51 -2.6 (-8.36%)31.11
+0.32 (+1.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap139.12M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.11 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.36% | ||
| ROE | 20.93% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.31% | ||
| PM (TTM) | 4.02% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)43.36%
EPS 3Y39.36%
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-14.9%
Revenue growth 3Y15.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y