_edited.png)
RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
Anterix Inc. (XNAS:ATEX) In-Depth Stock/Fundamental/Options Analysis Today
Primary Facts
ATEX
Name:
ANTERIX INC. (XNAS:ATEX)
Sector:
- 16010.00K
Industry:
-
CEO:
Mr. Morgan O'Brien
Total Employees:
73
Our Technological Advancement Rating
Our Rating:
-
-
ANALYSIS OF ALL CRITICAL FACTORS & RISKS RELATED TO THE STOCK & FUNDAMENTAL/LONG-TERM ANALYSIS OF ANTERIX INC.(ATEX) AS PER DATA ANALYSIS OF LAST 3 YEARS AND COMPARISON WITH COMPETITORS/PEERS, AND - INDUSTRY. DATE: 07/09/2022
Primary Targets/Price Insights
Previous Close ($) :
41.25
One Month Price Target:
$41.38
Six Month Price Target :
$42.04
Likely Price in One Year's Time:
Ticker:
$42.84
Likely Trading Range Today Under (Normal Volatility)
$41.03
Price Upper limit ($) :
$41.52
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
$38.28
This week:
$34.62
This month :
$27.98
Other Primary facts
Market Cap:
766.49M
Market Cap Classification:
Small Cap
Number of Shares
IPO Date:
18.94M
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
49.1%
-19.61%
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$55.02
$48.71
$27.48
$33.79
Medium risk (<10%) entry points
Buy Call
Sell Call
$46.65
Buy Put:
Sell Put:
$45.30
$35.83
$37.20
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
ATEX
Sharpe Ratio:
1.41%
Comparison:
ATEX, is amongst the top 60% stocks with highest risk-adjusted returns
& is -37.92% lower than the market/S&P 500 average
Average Returns/Yield of
ATEX
Daily returns:
0.06%
Weekly returns:
0.29%
Monthly returns:
1.18%
Yearly returns:
Comparison of returns:
Classification:
ATEX, is amongst the top 40% highest yielding stocks in terms of daily returns
Results of T-Test of Returns:
1
Statistical test of Returns:
ATEX has not yielded statistically significant higher returns when compared to the market
Volatility (measured by Standard Deviation)
Daily Volatility:
3.53%
Weekly Volatility:
7.90%
Monthly Volatility:
15.79%
Yearly Volatility:
54.70%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
0.24%
Volatility in last five trading days has been -93.27% below long-term volatility
Value at Risk Analysis (VaR)
Daily VaR:
-7.19%
Weekly VaR:
-16.08%
Monthly VaR:
-32.17%
How Much Can the price of
ATEX
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
-28%
Worst case (decline):
>85%
This translates to price declining to:
$29.79
This translates to price declining to:
$6.19
Severe Crash Probability
Risk of crash in next 6/12 months: High (50-70%)
What is Value at Risk (VaR)?
Risk Fundamentals
ATEX is a 127.04% riskier investment compared to the market/S&P 500 & is 94.51% riskier than Nasdaq (IXIC)
Overall, it is amongst the top 50% most risky stocks
Beta Examination of
ATEX
Beta in relation to market/S&P 500--0.57
Expected beta in 1 year's time:
0.571
Expected beta in 3 year's time:
0.807
Unlevered (debt free) Beta:
0.558
Beta in relation to Nasdaq (XNAS):
0.743
Beta in relation to all global stocks::
0.852
Beta Comparison & Analysis
Beta of competitors/peers::
0.837
Beta is -31.64% lower than peers
Average Industry Beta:
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
-
Alpha provided | Alpha Analysis
Alpha provided:
0.070
-
Alpha is 448% higher than market/& is unsustainably high
Analysis of Cost of Capital of
ATEX
Equity cost of capital:
0.071
Equity cost of capital is above industry mean WACC
Unlevered (without debt) cost of capital:
6.89%
Before-tax cost of debt:
-
After-tax cost of debt:
-
Overall debt rating:
-
Weighted average cost of capital (WACC):
-
-
Key Per-Share Metrics & Analysis
Revenue per share:
$0.06
Revenue growth rate per share of (3Y):
3.74
-
EPS:
-$2.07
Expected Annual growth rate of EPS (3Y):
-
-
Free cash flow (FCF) per share:
$0.99
-
-
Debt per share
$0.28
EBITDA per share
-$1.85
Valuation Analysis Today of
ATEX
P/E Ratio:
-
P/E Ratio of Competitors/Peers:
21.22
-
-
-
-
-
P/S (Price to Sales ratio):
720.9
P/B (Price to book value ratio):
3.74
Price to free cash flow: 41.66
-
Net income growth rate (3Y):
-
Dividend Analysis
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Dividend History:
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
-
In-depth Debt & Leverage Analysis
Debt to equity ratio:
2.52%
Net debt to equity ratio:
-47.89%
Debt to assets ratio:
2.12%
Net debt to assets ratio:
-40.39%
-
Ability to repay debt:
Interest coverage ratio:
-
-
Looking forward:
Debt growth rate:
-
-
Debt repayment rate in last quarter: 0.00%
Analysis of Key Statistics
Correlation of price movement with the market:
0.398
Statistical significance of correlation:
ATEX has a statistically significant correlation with the market
Average Correlation of the industry with the market:
R Squared (percentage of price movement explained by movement of the market):
Correlation of price movement with Nasdaq (^IXIC):
0.004
Covariance of price movement with the market:
0.008
Kurtosis
58.787
Returns have severe fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are considerably more likely, compared to assets with normally distributed returns
Skewness of returns:
3.914
Returns are right (positive) skewed; mean returns are greater than median and mode returns
Fundamental Analysis & Dupont Analysis of
ATEX
Gross Profit Margin Ratio:
399%
Operating Profit Margin Ratio:
-3399.26%
-
Net Profit Margin Ratio:
399%
Effective Tax Rate:
-2.69%
-
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
-17.93%
Financial Leverage
Asset Turnover Ratio (ROA):
-15.12%
Financial Leverage:
1.0x
Current Ratio:
15.2
-
Cash Conversion Cycle (days):
-
-
The remaining useful life of property plant & equipment is: 7.9 years
Stock based compensation to net income ratio:
-8.78%
In-depth Efficiency Analysis
Revenue generated per employee:
14.8K
-
EBITDA generated per employee:
- 480.6K
-
Profit generated per employee:
- 514.0K
-
Free cash flow (FCF) generated per employee:
- 219.3K
-
Assets/Capital per employee
1.9M
-
Research & Development (R&D) Analysis
-
-
Competitors/Peer firms of
ATEX
PARTNER COMMUNICATIONS COMPANY LTD. (XNAS:PTNR)
Scor SE (XPAR:SCR)
BOSTON OMAHA CORPORATION (XNYS:BOC)
ORBCOMM INC. (XLON:0A7Z)
EVERQUOTE, INC. (XNAS:EVER)
FT:Gold Strat Target Inc (BATS:IGLD)
GRAVITY CO., LTD. (XNAS:GRVY)
Enthusiast Gaming Holdings Inc (XNAS:EGLX)
ATN INTERNATIONAL, INC. (XNAS:ATNI)
Current Analyst Ratings
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Overall analyst sentiment is: -
Income Statement
Period:
TTM
Date:
3/31/22
Revenue:
1.08M
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
5.00K
1.08M
3.59M
39.53M
39.53M
3.31M
5.92M
49.03M
56.00K
-
1.45M
- 35086.00K
- 36848.00K
- 37519.00K
- 36536.00K
983.00K
- 37519.00K
Statement of Cash Flow
Date:
Period:
278.00K
Differed Income Tax :
146.00K
Stock Based Compensation :
3.30M
Change in Working Capital :
- 1451.00K
Accounts Receivables:
4.00K
Other Working Capital:
- 182.00K
Other Non-Cash Items:
18.00K
Net Cash Provided by Operating Activities:
- 9663.00K
Investments in PP&E:
- 156.00K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
6/30/21
2022
Q1
106.90M
-
106.90M
-
-
4.69M
111.59M
8.22M
-
-
-
-
1.31M
136.52M
-
248.11M
5.05M
1.43M
-
737.00K
120.00K
7.34M
5.26M
20.86M
31.54M
-
38.88M
2.00K
- 272298.00K
-
481.52M
June 30, 2021 at 6:00:00 AM
49.04M
209.23M
248.11M
-
6.69M
- 100205.0K
-
- 6191.00K
- 6347.00K
-
-
-
-
5.37M
5.37M
-
- 10639.00K
106.90M
117.54M
- 9663.00K
- 6347.00K
- 16010.00K
Our Proprietary Portfolio Rating
Our Rating:
-
Price Forecast/Expected Price in Next 5 Years of
ATEX
2023
2024
2025
2026
2027
$32.13
$33.37
$34.65
$35.98
$37.37