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WEARABLE DEVICES LTD (WLDS) Stock Fundamental Analysis

NASDAQ:WLDS - Nasdaq - IL0012118043 - Common Stock - Currency: USD

0.854  -0.04 (-4.59%)

After market: 0.8968 +0.04 (+5.01%)

Fundamental Rating

1

WLDS gets a fundamental rating of 1 out of 10. The analysis compared the fundamentals against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. Both the profitability and financial health of WLDS have multiple concerns. WLDS has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year WLDS has reported negative net income.
WLDS had a negative operating cash flow in the past year.
WLDS had negative earnings in each of the past 5 years.
In the past 5 years WLDS always reported negative operating cash flow.
WLDS Yearly Net Income VS EBIT VS OCF VS FCFWLDS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 -2M -4M -6M -8M

1.2 Ratios

Looking at the Return On Assets, with a value of -223.83%, WLDS is doing worse than 96.77% of the companies in the same industry.
WLDS's Return On Equity of -709.38% is on the low side compared to the rest of the industry. WLDS is outperformed by 77.42% of its industry peers.
Industry RankSector Rank
ROA -223.83%
ROE -709.38%
ROIC N/A
ROA(3y)-113.62%
ROA(5y)-123.87%
ROE(3y)-176.25%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
WLDS Yearly ROA, ROE, ROICWLDS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 0 -200 -400

1.3 Margins

WLDS has a worse Gross Margin (20.80%) than 74.19% of its industry peers.
WLDS's Gross Margin has declined in the last couple of years.
WLDS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 20.8%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-33.61%
GM growth 5YN/A
WLDS Yearly Profit, Operating, Gross MarginsWLDS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 0 -2K -4K -6K -8K -10K

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2

2. Health

2.1 Basic Checks

WLDS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WLDS has been reduced compared to 1 year ago.
There is no outstanding debt for WLDS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
WLDS Yearly Shares OutstandingWLDS Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 5M 10M 15M
WLDS Yearly Total Debt VS Total AssetsWLDS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2M 4M 6M 8M 10M

2.2 Solvency

WLDS has an Altman-Z score of -13.41. This is a bad value and indicates that WLDS is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -13.41, WLDS is not doing good in the industry: 90.32% of the companies in the same industry are doing better.
WLDS has a Debt/Equity ratio of 1.14. This is a high value indicating a heavy dependency on external financing.
WLDS has a Debt to Equity ratio of 1.14. This is in the lower half of the industry: WLDS underperforms 67.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Altman-Z -13.41
ROIC/WACCN/A
WACC9.11%
WLDS Yearly LT Debt VS Equity VS FCFWLDS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 5M -5M

2.3 Liquidity

A Current Ratio of 1.34 indicates that WLDS should not have too much problems paying its short term obligations.
WLDS has a worse Current ratio (1.34) than 61.29% of its industry peers.
A Quick Ratio of 1.00 indicates that WLDS may have some problems paying its short term obligations.
WLDS has a Quick ratio (1.00) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 1
WLDS Yearly Current Assets VS Current LiabilitesWLDS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2M 4M 6M 8M 10M

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3

3. Growth

3.1 Past

The earnings per share for WLDS have decreased strongly by -144.36% in the last year.
WLDS shows a strong growth in Revenue. In the last year, the Revenue has grown by 735.09%.
The Revenue has been growing by 10.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-144.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.17%
Revenue 1Y (TTM)735.09%
Revenue growth 3Y10.97%
Revenue growth 5YN/A
Sales Q2Q%3183.33%

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.
WLDS Yearly Revenue VS EstimatesWLDS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 50K 100K 150K 200K
WLDS Yearly EPS VS EstimatesWLDS Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023

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0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for WLDS. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
WLDS Price Earnings VS Forward Price EarningsWLDS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WLDS Per share dataWLDS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -5 -10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

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0

5. Dividend

5.1 Amount

WLDS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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WEARABLE DEVICES LTD

NASDAQ:WLDS (2/21/2025, 8:00:02 PM)

After market: 0.8968 +0.04 (+5.01%)

0.854

-0.04 (-4.59%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)N/A N/A
Earnings (Next)12-13 2022-12-13/bmo
Inst Owners5.35%
Inst Owner Change-60.39%
Ins Owners6.58%
Ins Owner ChangeN/A
Market Cap2.98M
AnalystsN/A
Price TargetN/A
Short Float %1.54%
Short Ratio0.12
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 6.26
P/FCF N/A
P/OCF N/A
P/B 1.76
P/tB 1.76
EV/EBITDA N/A
EPS(TTM)-13.78
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-2.5
FCFYN/A
OCF(TTM)-2.46
OCFYN/A
SpS0.14
BVpS0.49
TBVpS0.49
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -223.83%
ROE -709.38%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 20.8%
FCFM N/A
ROA(3y)-113.62%
ROA(5y)-123.87%
ROE(3y)-176.25%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-33.61%
GM growth 5YN/A
F-Score3
Asset Turnover0.09
Health
Industry RankSector Rank
Debt/Equity 1.14
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 137.26%
Cap/Sales 29.41%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.34
Quick Ratio 1
Altman-Z -13.41
F-Score3
WACC9.11%
ROIC/WACCN/A
Cap/Depr(3y)311.77%
Cap/Depr(5y)227.06%
Cap/Sales(3y)121.72%
Cap/Sales(5y)79.7%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-144.36%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%19.17%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)735.09%
Revenue growth 3Y10.97%
Revenue growth 5YN/A
Sales Q2Q%3183.33%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-181.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-181.24%
OCF growth 3YN/A
OCF growth 5YN/A