WISeKey International Holding AG (NASDAQ:WKEY)

WISeKey International Holding AG WKEY

Technology - Semiconductors - NASDAQ - CH

Watchlist

$ 1.89

-3.08 %

$ 15.6 M

Market Cap

-0.75

P/E

1. INTRINSIC VALUE

WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions for the internet of things (IoT) and digital identity ecosystems in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates through three segments: IoT, Artificial Intelligence (AI), and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services.[ Read More ]

The intrinsic value of one WKEY stock under the base case scenario is HIDDEN Compared to the current market price of 1.89 USD, WISeKey International Holding AG is HIDDEN

WKEY Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart WKEY

FINANCIALS

Annual
Quarterly

30.9 M REVENUE

Growth Rates

1Year 33.28%

3Years 27.90%

5Years -2.04%

7Years 15.97%

10Years 18.30%

-13.3 M OPERATING INCOME

Growth Rates

1Year -514.91%

3Years 10.47%

5Years -7.98%

7Years 13.32%

10Years -12.85%

-15.4 M NET INCOME

Growth Rates

1Year 47.50%

3Years 19.00%

5Years 1.14%

7Years 11.63%

10Years -12.09%

-14.2 M OPERATING CASH FLOW

Growth Rates

1Year 17.14%

3Years -4.22%

5Years -10.84%

7Years -3.81%

10Years -6.93%

-3.02 M INVESTING CASH FLOW

Growth Rates

1Year -524.17%

3Years 8.14%

5Years 6.57%

7Years -0.03%

10Years -17.19%

11.8 M FINANCING CASH FLOW

Growth Rates

1Year 183.15%

3Years -17.99%

5Years -0.04%

7Years -5.86%

10Years 3.63%

5.17 M REVENUE

Growth Rates

1Year 33.28%

3Years 27.90%

5Years -2.04%

7Years 15.97%

10Years 18.30%

-7.07 M OPERATING INCOME

Growth Rates

1Year -514.91%

3Years 10.47%

5Years -7.98%

7Years 13.32%

10Years -12.85%

-4.74 M NET INCOME

Growth Rates

1Year 47.50%

3Years 19.00%

5Years 1.14%

7Years 11.63%

10Years -12.09%

-3.94 M OPERATING CASH FLOW

Growth Rates

1Year 17.14%

3Years -4.22%

5Years -10.84%

7Years -3.81%

10Years -6.93%

330 K INVESTING CASH FLOW

Growth Rates

1Year -524.17%

3Years 8.14%

5Years 6.57%

7Years -0.03%

10Years -17.19%

9.13 M FINANCING CASH FLOW

Growth Rates

1Year 183.15%

3Years -17.99%

5Years -0.04%

7Years -5.86%

10Years 3.63%

Balance Sheet Decomposition WISeKey International Holding AG

47.8 M ASSETS
26.7 M LIABILITIES

Current Assets	30.1 M
Cash & Short-Term Investments	15.3 M
Receivables	5.27 M
Other Current Assets	9.51 M
Non-Current Assets	17.7 M
Long-Term Investments	486 K
PP&E	5.44 M
Other Non-Current Assets	11.8 M

Current Liabilities	18.9 M
Accounts Payable	12.9 M
Short-Term Debt	4.99 M
Other Current Liabilities	1.05 M
Non-Current Liabilities	7.81 M
Long-Term Debt	4.78 M
Other Non-Current Liabilities	3.03 M

EFFICIENCY

Earnings Waterfall WISeKey International Holding AG

Revenue	30.9 M
Cost Of Revenue	16.2 M
Gross Profit	14.7 M
Operating Expenses	28 M
Operating Income	-13.3 M
Other Expenses	2.06 M
Net Income	-15.4 M

RATIOS

47.69% GROSS MARGIN

Averages

1Year 47.69%

3Years 43.59%

5Years 41.90%

7Years 43.44%

10Years 46.97%

-43.02% OPERATING MARGIN

Averages

1Year -43.02%

3Years -50.60%

5Years -73.54%

7Years -60.78%

10Years -198.19%

-49.68% NET MARGIN

Averages

1Year -49.68%

3Years -44.35%

5Years -86.06%

7Years -76.31%

10Years -207.88%

-57.58% ROE

Averages

1Year -57.58%

3Years 865.66%

5Years 462.94%

7Years 258.88%

10Years 160.97%

-32.13% ROA

Averages

1Year -32.13%

3Years -10.87%

5Years -26.69%

7Years -27.19%

10Years -217.54%

-39.28% ROIC

Averages

1Year -39.28%

3Years -3.77%

5Years -27.97%

7Years -28.70%

10Years 61.56%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis WISeKey International Holding AG

Net Income	-15.4 M
Depreciation & Amortization	625 K
Capital Expenditures	-3.02 M
Stock-Based Compensation	178 K
Change in Working Capital	-1.89 M
Others	1.25 M
Free Cash Flow	-17.2 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets WISeKey International Holding AG

Wall Street analysts predict an average 1-year price target for WKEY of $4 , with forecasts ranging from a low of $4 to a high of $4 .

WKEY Lowest Price Target Wall Street Target

4 USD 111.64%

WKEY Average Price Target Wall Street Target

4 USD 111.64%

WKEY Highest Price Target Wall Street Target

4 USD 111.64%

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

SemiLEDs Corporation develops, manufactures, and sells light emitting diode (LED) chips, LED components, and LED modules and systems in the United States, Taiwan, the Netherlands, Germany, Japan, Ireland, and internationally.

3.65 USD

LEDS

Undervalued 201.32%

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally.

-2.85 USD

GSIT

Overvalued 213.55%

SEALSQ Corp develops and sells semiconductor chips for private and public sectors. The company offers semiconductors and smart card reader chips; identity provisioning services; and managed PKI for IoT solutions.

0 USD

LAES

Overvalued 100.00%

WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States, Europe, and internationally.

-0.0143 USD

WISA

Overvalued 100.69%

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally.

-1.68 USD

Overvalued 137.97%

ChipMOS TECHNOLOGIES INC. engages in the research, development, manufacture, and sale of high-integration and high-precision integrated circuits, and related assembly and testing services in Taiwan, People's Republic of China, Japan, Singapore, and internationally.

0.624 USD

IMOS

Overvalued 96.80%

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. It offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.

104 USD

SIMO

Undervalued 102.78%

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally.

2.06 USD

UMC

Overvalued 69.60%

6. Ownership

Insider Ownership WISeKey International Holding AG

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price

7. News

WISeSat.Space Featured on Swiss Radio Television: Pioneering Blockchain and Cryptocurrency Transactions from Space WISeSat.Space Featured on Swiss Radio Television: Pioneering Blockchain and Cryptocurrency Transactions from Space globenewswire.com - 1 day ago

WISeKey Subsidiary SEALCOIN AG Unveils New SEALCOIN.AI Website and Announces SEALCOIN Platform Development Update WISeKey Subsidiary SEALCOIN AG Unveils New SEALCOIN.AI Website and Announces SEALCOIN Platform Development Update globenewswire.com - 5 days ago

WISeKey Subsidiary WISeSat.Space Prepares for a January 2025 Launch of Next-Generation Satellite, Supporting European Satellite Independence and IoT Connectivity WISeKey Subsidiary WISeSat.Space Prepares for a January 2025 Launch of Next-Generation Satellite, Supporting European Satellite Independence and IoT Connectivity globenewswire.com - 1 week ago

WISeKey PKI and SEALSQ Post-Quantum Technologies Enhance E-Voting Security through Advanced Cybersecurity and AI Integration WISeKey PKI and SEALSQ Post-Quantum Technologies Enhance E-Voting Security through Advanced Cybersecurity and AI Integration globenewswire.com - 2 weeks ago

WISeKey Launches its Enhanced INeS AI Security Broker Solution WISeKey Launches its Enhanced INeS AI Security Broker Solution Geneva, Switzerland – October 24, 2024 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity digital identity and Internet of Things (IoT) innovations operating as a holding company, today announced the launch of the enhanced INeS AI Security Broker solution. This innovative upgrade integrates Artificial Intelligence (AI) with Public Key Infrastructure (PKI) technologies, revolutionizing how credentials are remotely and securely verified. globenewswire.com - 3 weeks ago

WISeKey Enters Into $30 Million Convertible Notes Subscription Agreements WISeKey Enters Into $30 Million Convertible Notes Subscription Agreements Geneva, Switzerland – October 23, 2024: – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd. globenewswire.com - 3 weeks ago

The OISTE Foundation, Gold Sponsor of the Vargas Llosa Chair at its IV Annual Conference “A Gathering for Culture in Freedom” The OISTE Foundation, Gold Sponsor of the Vargas Llosa Chair at its IV Annual Conference “A Gathering for Culture in Freedom” globenewswire.com - 4 weeks ago

WISeKey Subsidiary WISeSat to Launch Second Proof of Concept for SEALCOIN Token WISeKey Subsidiary WISeSat to Launch Second Proof of Concept for SEALCOIN Token Zug, Switzerland – October 14, 2024: WISeKey International Holding AG ("WISeKey", SIX: WIHN), a global leader in cybersecurity, blockchain, and IoT solutions, today announced that its subsidiary, WISeSat.Space (“WISeSat”), will conduct the second Proof of Concept (PoC) for SEALCOIN by transacting tokens via satellites to IoT devices. The PoC is set to take place during the launch of a new generation of WISeSat satellites, planned for January 2025. globenewswire.com - 1 month ago

WISeKey to Launch Enhanced WISePhone.CH 2025 Edition with Advanced Capabilities WISeKey to Launch Enhanced WISePhone.CH 2025 Edition with Advanced Capabilities Launch Slated for Q2 2025 Video PoC of WISePhone.CH is Available at https://lnkd.in/e97fwkuD Additional Information Available at www.WISePhone.CH Geneva, Switzerland – October 8, 2024: WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leader in cybersecurity, AI, Blockchain, and IoT operating as a holding company, today announced the upcoming launch of its enhanced WISePhone.CH 2025 Edition. Building upon its 2017 introduction, WISePhone.CH was the first secure blockchain phone aimed at providing enterprise-grade protection for digital communications. globenewswire.com - 1 month ago

WISeKey's Extensive Expertise Lays the Foundation for the Development of a Semiconductor Manufacturing Project in Switzerland WISeKey's Extensive Expertise Lays the Foundation for the Development of a Semiconductor Manufacturing Project in Switzerland globenewswire.com - 1 month ago

WISeKey Announces First Half 2024 Unaudited Financial Results and Updates on Strategic Business Initiatives WISeKey Announces First Half 2024 Unaudited Financial Results and Updates on Strategic Business Initiatives Substantial R&D investments aimed at securing a competitive edge in the fast-approaching era of post-quantum computing Schedules Conference Call and Webcast for Wednesday, October 2 at 10:00 am ET (4:00 pm CET) Geneva, Switzerland – September 30, 2024: – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd. globenewswire.com - 1 month ago

8. Profile Summary

WISeKey International Holding AG WKEY

COUNTRY CH

INDUSTRY Semiconductors

MARKET CAP $ 15.6 M

Dividend Yield 0.00%

Description WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions for the internet of things (IoT) and digital identity ecosystems in Switzerland, rest of Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. The company operates through three segments: IoT, Artificial Intelligence (AI), and Managed Public Key Infrastructure (mPKI). It offers microcontrollers that provides identity to various connected devices; and mPKI, which include digital identity, certificate management and signing solutions, and trust services, as well as offers digital certificates; software as a service, including cloud-based certificate life-cycle-management and signing and authentication solutions; software licenses; post-contract customer support for cybersecurity applications; and infrastructure hosting and monitoring services. The company also develops, markets, hosts, and supports a range of solutions that enable secure digital identification of people, content, and objects by generating digital identities through its products and services in cybersecurity services, IoT, digital brand management, and mobile security, which enable clients to monetize their existing user bases, as well as expand its eco-system. In addition, the company operates ISTANA platform to manage components in an intelligent car by providing digital identities based on PKI technology.; and engages in financing, sales, and distribution activities. Further, it provides AI solutions through knowledge automation. The company was founded in 1999 and is headquartered in Zug, Switzerland.

Contact General-Guisan-Strasse 6, Zug, 6303 https://www.wisekey.com

IPO Date Jan. 11, 2019

Employees 102

Officers Ms. Isabelle Pecharroman Head of Human Resources Mr. Pedro Fuentes Perez Chief Security Officer & Product Manager eSecurity Mr. Andreas Moreira Chief Innovation Officer Mr. Franck Buonanno Vice President of Global Sales Mr. Cesar Martin-Perez Chief Revenue Officer Mr. Carlos Creus Moreira Founder, Chairman & Chief Executive Officer Mr. Carlos Moreno Fuentes Vice President of Strategic Partnerships Mr. Peter Ward Executive Director Mr. John O'Hara Chief Financial Officer & International Financial Controller Marc Sanchez-Gauthier Head of Marketing

Price Chart WKEY

WISeKey International Holding AG WKEY

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