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Sierra Wireless

Sierra Wireless's net profit fell 80.4% yoy to USD -89.0 mil in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil with revenues of USD 473 mil in 2021, down by 80.4% and up by 5.49%,...

Sierra Wireless's net profit fell 80.4% yoy to USD -89.0 mil in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil with revenues of USD 473 mil in 2021, down by 80.4% and up by 5.49%,...

Sierra Wireless's price/earnings (P/E) rose 31.8% yoy to -7.35 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 translating into a market capitalization of USD 654 mil. Since...

Profit Statement 2023 2024 2025
Sales USD mil 721 757 814
Gross Profit USD mil 247 265 292
EBITDA USD mil 74.1 84.0 103
EBIT USD mil 60.4 69.5 86.8
Financing Cost USD mil -2.68 4.48 -13.2
Pre-Tax Profit USD mil 63.1 65.0 100
Net Profit USD mil 26.9 50.0 80.0
Dividends USD mil 0 0 0
Balance Sheet 2023 2024 2025
Total Assets USD mil 587 609 631
Non-Current Assets USD mil 292 301 310
Current Assets USD mil 295 308 322
Working Capital USD mil 47.2 51.5 56.1
Shareholders' Equity USD mil 303 353 433
Liabilities USD mil 284 255 198
Total Debt USD mil 89.9 99.9 110
Net Debt USD mil 13.1 23.1 33.1
Ratios 2023 2024 2025
ROE % 9.28 15.2 20.3
ROCE % 8.08 14.5 22.3
Gross Margin % 34.2 35.0 35.9
EBITDA Margin % 10.3 11.1 12.6
EBIT Margin % 8.38 9.18 10.7
Net Margin % 3.73 6.61 9.83
Net Debt/EBITDA 0.177 0.275 0.322
Net Debt/Equity % 4.31 6.53 7.63
Cost of Financing % -3.16 4.72 -12.5
Valuation 2023 2024 2025
Market Capitalisation USD mil 1,168 1,168 1,168
Enterprise Value (EV) USD mil 1,181 1,191 1,201
Number Of Shares mil 37.9 37.9 37.9
Share Price USD 30.8 30.8 30.8
EV/EBITDA 16.0 14.2 11.7
EV/Sales 1.64 1.57 1.48
Price/Earnings (P/E) 43.4 23.4 14.6
Price/Book Value (P/BV) 3.85 3.31 2.70
Dividend Yield % 0 0 0

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overview Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                              
Sales USD mil             691 794 547 449 473        
Gross Profit USD mil             234 265 197 159 157        
EBIT USD mil             0.100 -18.3 -64.3 -88.0 -79.5        
Net Profit USD mil             4.52 -24.6 -70.5 -49.3 -89.0        
                                 
ROE % ...           1.09 -5.40 -17.1 -13.4 -28.1        
EBIT Margin %             0.014 -2.30 -11.7 -19.6 -16.8        
Net Margin %             0.654 -3.10 -12.9 -11.0 -18.8        
Employees             1,425 1,400 1,280 1,051 1,007 ... ... ... ...
balance sheet                              
Total Assets USD mil             695 684 639 601 547        
Non-Current Assets USD mil             395 360 355 317 275        
Current Assets USD mil             300 324 284 285 272        
                                 
Shareholders' Equity USD mil             468 444 381 356 278        
Liabilities USD mil             227 240 258 245 269        
Non-Current Liabilities USD mil             44.5 49.4 73.8 73.0 73.6        
Current Liabilities USD mil             183 190 184 172 196        
                                 
Net Debt/EBITDA     ...       -0.927 -2.20 -0.159 1.86 0.154        
Net Debt/Equity %             -6.07 -10.3 0.936 -25.3 -2.49        
Cost of Financing % ...           0.459 0.391 0.456 1.13 0.450        
cash flow                              
Total Cash From Operations USD mil             -0.928 47.2 6.86 -7.77 -76.5        
Total Cash From Investing USD mil             -37.6 -16.0 -16.4 101 -20.2        
Total Cash From Financing USD mil             -0.271 -5.93 -1.66 -2.77 3.37        
Net Change In Cash USD mil             -37.5 24.1 -10.2 92.3 -94.5        
valuation                              
Market Capitalisation USD mil ... ... ... ... ... ... 678 506 348 532 654        
Enterprise Value (EV) USD mil ... ... ... ... ... ... 649 461 352 441 647        
Number Of Shares mil ... ... ... ... ... ... 32.9 36.0 36.2 36.4 37.1        
Share Price USD ... ... ... ... ... ... 20.6 14.1 9.63 14.6 17.6        
Price/Earnings (P/E) ... ... ... ... ... ... 150 -20.6 -4.94 -10.8 -7.35        
Price/Cash Earnings (P/CE) ... ... ... ... ... ... 36.5 -79.1 -6.42 -15.5 -8.73        
EV/EBITDA ... ... ... ... ... ... 21.2 22.1 -15.6 -9.08 -14.4        
Price/Book Value (P/BV) ... ... ... ... ... ... 1.45 1.14 0.913 1.49 2.36        
Dividend Yield % ... ... ... ... ... ... 0 0 0 0 0        
income statement Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                              
Sales USD mil             691 794 547 449 473        
Cost of Goods & Services USD mil             456 529 350 290 316        
Gross Profit USD mil             234 265 197 159 157        
Selling, General & Admin USD mil             118 150 134 135 126 ... ... ... ...
Research & Development USD mil             82.7 93.7 78.8 82.0 68.4 ... ... ... ...
Other Operating Expense USD mil             33.4 39.0 48.7 29.8 41.8 ... ... ... ...
Other Operating Cost (Income) USD mil             0 0 0 0 0 ... ... ... ...
EBITDA USD mil     ...       30.6 20.9 -22.5 -48.6 -45.1        
Depreciation USD mil ... ... ... ...     14.0 18.2 16.3 15.1 14.1        
EBIT USD mil             0.100 -18.3 -64.3 -88.0 -79.5        
Net Financing Cost USD mil             -0.086 -0.097 -0.160 0.687 0.221        
Financing Cost USD mil             0.159 0.156 0.269 0.818 0.315        
Financing Income USD mil             0.245 0.253 0.429 0.131 0.094 ... ... ... ...
FX (Gain) Loss USD mil             -7.55 5.47 1.22 -8.00 7.48 ... ... ... ...
Extraordinary Cost USD mil             0 0 -4.13 -20.8 0.285        
Pre-Tax Profit USD mil             7.72 -23.7 -65.8 -82.1 -88.7        
Tax USD mil             3.20 0.916 8.88 -11.9 0.006        
Minorities USD mil             0 0 0 0 0        
Net Profit USD mil             4.52 -24.6 -70.5 -49.3 -89.0        
Net Profit Avail. to Common USD mil             4.52 -24.6 -70.5 -49.3 -89.0        
Dividends USD mil             0 0 0 0 0        
growth rates                              
Total Revenue Growth % ...           12.2 14.9 -31.0 -18.0 5.49        
Operating Cost Growth % ...           19.2 20.8 -7.46 -5.71 -4.23 ... ... ... ...
EBITDA Growth % ...   ... ...     -35.2 -31.8 -208 116 -7.27        
EBIT Growth % ...           -99.5 -18,375 252 37.0 -9.64        
Pre-Tax Profit Growth % ...           -60.8 -407 178 24.7 8.12        
Net Profit Growth % ...           -70.6 -645 187 -30.1 80.4        
ratios                              
ROE % ...           1.09 -5.40 -17.1 -13.4 -28.1        
ROA % ...           0.710 -3.57 -10.7 -7.95 -15.5        
ROCE % ...           1.02 -4.85 -15.6 -13.2 -27.5        
Gross Margin %             33.9 33.3 36.1 35.4 33.1        
EBITDA Margin %     ...       4.43 2.63 -4.11 -10.8 -9.53        
EBIT Margin %             0.014 -2.30 -11.7 -19.6 -16.8        
Net Margin %             0.654 -3.10 -12.9 -11.0 -18.8        
Payout Ratio %             0 0 0 0 0        
Cost of Financing % ...           0.459 0.391 0.456 1.13 0.450        
Net Debt/EBITDA     ...       -0.927 -2.20 -0.159 1.86 0.154        
balance sheet Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
balance sheet                              
Cash & Cash Equivalents USD mil             65.0 89.1 71.2 161 76.8        
Receivables USD mil             173 172 78.6 49.6 66.3        
Inventories USD mil             53.1 50.8 36.3 32.8 82.2        
Other ST Assets USD mil             8.44 11.9 97.9 41.8 46.5        
Current Assets USD mil             300 324 284 285 272        
Property, Plant & Equipment USD mil             43.0 39.8 53.0 51.5 45.5        
LT Investments & Receivables USD mil             0 0 0 0 0        
Intangible Assets USD mil             327 296 224 254 222        
Goodwill USD mil             219 211 154 176 167        
Non-Current Assets USD mil             395 360 355 317 275        
Total Assets USD mil             695 684 639 601 547        
                                 
Trade Payables USD mil             94.8 94.1 55.8 67.3 109        
Short-Term Debt USD mil             0 0 6.17 7.55 2.63        
Other ST Liabilities USD mil             7.28 6.21 34.6 9.86 11.8        
Current Liabilities USD mil             183 190 184 172 196        
Long-Term Debt USD mil             36.6 43.3 68.6 62.7 67.2        
Other LT Liabilities USD mil             7.85 6.10 5.29 10.3 6.37        
Non-Current Liabilities USD mil             44.5 49.4 73.8 73.0 73.6        
Liabilities USD mil             227 240 258 245 269        
Preferred Equity and Hybrid Capital USD mil             0 0 0 0 0        
Share Capital USD mil             456 464 474 491 509        
Treasury Stock USD mil             3.22 1.97 0.370 0.542 2.13        
Equity Before Minority Interest USD mil             468 444 381 356 278        
Minority Interest USD mil             0 0 0 0 0        
Equity USD mil             468 444 381 356 278        
growth rates                              
Total Asset Growth % ...           20.1 -1.54 -6.52 -5.94 -9.03        
Shareholders' Equity Growth % ...           29.3 -5.00 -14.1 -6.53 -22.1        
Net Debt Growth % ...           -59.5 61.6 -108 -2,630 -92.3        
Total Debt Growth % ...           12.2 18.1 72.8 -6.00 -0.549        
ratios                              
Total Debt USD mil             36.6 43.3 74.7 70.2 69.9        
Net Debt USD mil             -28.4 -45.8 3.57 -90.3 -6.92        
Working Capital USD mil             131 128 59.2 15.1 39.7        
Capital Employed USD mil             526 489 414 332 315        
Net Debt/Equity %             -6.07 -10.3 0.936 -25.3 -2.49        
Current Ratio             1.64 1.70 1.54 1.66 1.39        
Quick Ratio             1.30 1.37 0.813 1.22 0.731        
cash flow Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
cash flow                              
Net Profit USD mil             4.52 -24.6 -70.5 -49.3 -89.0        
Depreciation USD mil ... ... ... ...     14.0 18.2 16.3 15.1 14.1        
Non-Cash Items USD mil             6.61 18.3 30.7 -18.4 39.1        
Change in Working Capital USD mil             -42.6 14.4 13.6 27.6 -24.5        
Total Cash From Operations USD mil             -0.928 47.2 6.86 -7.77 -76.5        
                                 
Capital Expenditures USD mil             -15.8 -21.0 -20.2 -21.7 -19.9        
Net Change in LT Investment USD mil             0 0 0 0 0 ... ... ... ...
Net Cash From Acquisitions USD mil             -21.9 5.00 0.500 122 -0.319 ... ... ... ...
Other Investing Activities USD mil             0 0 3.30 0 0        
Total Cash From Investing USD mil             -37.6 -16.0 -16.4 101 -20.2        
                                 
Dividends Paid USD mil             0 0 0 0 0        
Issuance Of Shares USD mil             2.93 -3.29 -0.186 -0.838 -5.37        
Issuance Of Debt USD mil             -0.436 -0.627 -0.535 -0.405 9.79        
Other Financing Activities USD mil             -2.76 -2.01 -0.941 -1.53 -1.06 ... ... ... ...
Total Cash From Financing USD mil             -0.271 -5.93 -1.66 -2.77 3.37        
                                 
Effect of FX Rates USD mil             1.29 -1.22 0.958 2.28 -1.16 ... ... ... ...
Net Change In Cash USD mil             -37.5 24.1 -10.2 92.3 -94.5        
ratios                              
Days Sales Outstanding days             91.4 79.0 52.4 40.3 51.1        
Days Sales Of Inventory days             42.5 35.0 37.9 41.3 94.8        
Days Payable Outstanding days             75.8 64.9 58.2 84.7 125        
Cash Conversion Cycle days             58.2 49.1 32.1 -3.02 20.5        
Cash Earnings USD mil ... ... ... ...     18.6 -6.41 -54.3 -34.2 -74.9        
Free Cash Flow USD mil             -38.6 31.2 -9.51 92.8 -96.7        
Capital Expenditures (As % of Sales) %             2.28 2.65 3.69 4.84 4.20        
other ratios Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                               
Employees             1,425 1,400 1,280 1,051 1,007 ... ... ... ...
Operating Cost (As % of Sales) %             33.9 35.6 47.8 55.0 49.9 ... ... ... ...
Research & Development (As % of Sales) %             12.0 11.8 14.4 18.3 14.5 ... ... ... ...
Effective Tax Rate %             41.5 -3.87 -13.5 14.5 -0.007        
Total Revenue Growth (5-year average) % ... ... ... ... ...   11.7 12.4 -0.046 -5.89 -5.13        
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ... 3.57        
valuation Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                               
Market Capitalisation USD mil ... ... ... ... ... ... 678 506 348 532 654        
Enterprise Value (EV) USD mil ... ... ... ... ... ... 649 461 352 441 647        
Number Of Shares mil ... ... ... ... ... ... 32.9 36.0 36.2 36.4 37.1        
Share Price USD ... ... ... ... ... ... 20.6 14.1 9.63 14.6 17.6        
EV/EBITDA ... ... ... ... ... ... 21.2 22.1 -15.6 -9.08 -14.4        
Price/Earnings (P/E) ... ... ... ... ... ... 150 -20.6 -4.94 -10.8 -7.35        
Price/Cash Earnings (P/CE) ... ... ... ... ... ... 36.5 -79.1 -6.42 -15.5 -8.73        
P/FCF ... ... ... ... ... ... -17.6 16.2 -36.6 5.73 -6.76        
Price/Book Value (P/BV) ... ... ... ... ... ... 1.45 1.14 0.913 1.49 2.36        
Dividend Yield % ... ... ... ... ... ... 0 0 0 0 0        
Free Cash Flow Yield % ... ... ... ... ... ... -5.69 6.17 -2.73 17.5 -14.8        
Earnings Per Share (EPS) USD ... ... ... ... ... ... 0.137 -0.683 -1.95 -1.36 -2.40        
Cash Earnings Per Share USD ... ... ... ... ... ... 0.564 -0.178 -1.50 -0.940 -2.02        
Free Cash Flow Per Share USD ... ... ... ... ... ... -1.17 0.867 -0.263 2.55 -2.61        
Book Value Per Share USD ... ... ... ... ... ... 14.2 12.3 10.5 9.79 7.48        
Dividend Per Share USD ... ... ... ... ... ... 0 0 0 0 0        
EV/Sales ... ... ... ... ... ... 0.940 0.580 0.643 0.984 1.37        
EV/EBIT ... ... ... ... ... ... 6,492 -25.2 -5.48 -5.01 -8.14        
EV/Free Cash Flow ... ... ... ... ... ... -16.8 14.8 -37.0 4.75 -6.69        
EV/Capital Employed ... ... ... ... ... ... 1.23 0.942 0.849 1.33 2.05        
Earnings Per Share Growth % ... ... ... ... ... ... ... -597 185 -30.5 76.9        
Cash Earnings Per Share Growth % ... ... ... ... ... ... ... -132 744 -37.4 115        
Book Value Per Share Growth % ... ... ... ... ... ... ... -13.2 -14.5 -7.12 -23.6        

Get all company financials in excel:

Download Sample   $19.99

Sierra Wireless's price/earnings (P/E) rose 31.8% yoy to -7.35 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 translating into a market capitalization of USD 654 mil. Since the end of 2016, stock has appreciated by 0% representing an annual average growth of %. In absolute terms, the value of th...

Sierra Wireless's P/FCF fell 218% yoy to -6.76 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 translating into a market capitalization of USD 654 mil. Since the end of 2016, the stock has appreciated by 0% representing an annual average growth of %. At the end of 2021, the firm tr...

Sierra Wireless's P/FCF fell 218% yoy to -6.76 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 translating into a market capitalization of USD 654 mil. Since the end of 2016, the stock has appreciated by 0% representing an annual average growth of %. At the end of 2021, the firm tr...

Sierra Wireless's ROCE fell 108% yoy to -27.5% in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil in 2021, down 80.4% compared to the previous year. Historically, between 2011 and 2021, the company's net profit reached a high of USD 55.0 mil in 2013 and a low of USD -89.0 mil in 2021. The result impli...

Sierra Wireless's ROCE fell 108% yoy to -27.5% in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil in 2021, down 80.4% compared to the previous year. Historically, between 2011 and 2021, the company's net profit reached a high of USD 55.0 mil in 2013 and a low of USD -89.0 mil in 2021. The result impli...

Sierra Wireless's Net Margin fell 71.0% yoy to -18.8% in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil with revenues of USD 473 mil in 2021, down by 80.4% and up by 5.49%, respectively, compared to the previous year. This translates into a net margin of -18.8%. Historically, between 2011 and 2021, th...

Sierra Wireless's Net Margin fell 71.0% yoy to -18.8% in 2021

By Helgi Library - September 21, 2022

Sierra Wireless made a net profit of USD -89.0 mil with revenues of USD 473 mil in 2021, down by 80.4% and up by 5.49%, respectively, compared to the previous year. This translates into a net margin of -18.8%. Historically, between 2011 and 2021, th...

Sierra Wireless's Share Price rose 20.6% yoy to USD 17.6 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 implying a market capitalization of USD 654 mil. Since the end of 2016, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company rose ...

Sierra Wireless's Share Price rose 20.6% yoy to USD 17.6 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless stock traded at USD 17.6 per share at the end 2021 implying a market capitalization of USD 654 mil. Since the end of 2016, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company rose ...

Sierra Wireless's Net Debt/EBITDA fell 91.7% yoy to 0.154 in 2021

By Helgi Library - September 21, 2022

Sierra Wireless's net debt stood at USD -6.92 mil and accounted for -2.49% of equity at the end of 2021. The ratio is up 22.8 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 0.936% in 2019 and a low...

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Finance

Sierra Wireless has been growing its sales by 12.6% a year on average in the last 5 years. EBITDA has grown by 312% during that time to total of USD 103 mil in 2025, or 12.6% of sales. That’s compared to 6.77% average margin seen in last five years.

The company netted USD 80.0 mil in 2025 implying ROE of 20.3% and ROCE of 22.3%. Again, the average figures were 3.27% and 3.39%, respectively when looking at the previous 5 years.

Sierra Wireless’s net debt amounted to USD 33.1 mil at the end of 2025, or 7.63% of equity. When compared to EBITDA, net debt was 0.322x, up when compared to average of 0.195x seen in the last 5 years.

Valuation

Sierra Wireless stock traded at USD 30.8 per share at the end of 2025 resulting in a market capitalization of USD 1,168 mil. Over the previous five years, stock price grew by 111% or 16.1% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 11.7x and price to earnings (PE) of 14.6x as of 2025.