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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               794 547 449 473 691      
Gross Profit USD mil               265 197 159 157 229      
EBIT USD mil               -18.3 -64.3 -88.0 -79.5 49.8      
Net Profit USD mil               -24.6 -70.5 -49.3 -89.0 -1.13      
                                 
ROE % ...             -5.40 -17.1 -13.4 -28.1 -0.409      
EBIT Margin %               -2.30 -11.7 -19.6 -16.8 7.20      
Net Margin %               -3.10 -12.9 -11.0 -18.8 -0.164      
Employees               1,400 1,280 1,051 1,007 ... ... ... ...
balance sheet                              
Total Assets USD mil               684 639 601 547 567      
Non-Current Assets USD mil               360 355 317 275 284      
Current Assets USD mil               324 284 285 272 283      
                                 
Shareholders' Equity USD mil               444 381 356 278 277      
Liabilities USD mil               240 258 245 269 290      
Non-Current Liabilities USD mil               49.4 73.8 73.0 73.6 152      
Current Liabilities USD mil               190 184 172 196 139      
                                 
Net Debt/EBITDA     ...         -2.20 -0.159 1.86 0.154 0.047      
Net Debt/Equity %               -10.3 0.936 -25.3 -2.49 1.11      
Cost of Financing % ...             0.391 0.456 1.13 0.450 3.40      
cash flow                              
Total Cash From Operations USD mil               47.2 6.86 -7.77 -76.5 15.0      
Total Cash From Investing USD mil               -16.0 -16.4 101 -20.2 -25.0      
Total Cash From Financing USD mil               -5.93 -1.66 -2.77 3.37 10.0      
Net Change In Cash USD mil               24.1 -10.2 92.3 -94.5 0      
valuation                              
Market Capitalisation USD mil ... ... ... ... ... ...   506 348 532 654 1,168      
Enterprise Value (EV) USD mil ... ... ... ... ... ...   461 352 441 647 1,171      
Number Of Shares mil ... ... ... ... ... ...   36.0 36.2 36.4 37.1 37.9      
Share Price USD ... ... ... ... ... ...   14.1 9.63 14.6 17.6 30.8      
Price/Earnings (P/E) ... ... ... ... ... ...   -20.6 -4.94 -10.8 -7.35 -1,030      
Price/Cash Earnings (P/CE) ... ... ... ... ... ...   -79.1 -6.42 -15.5 -8.73 83.8      
EV/EBITDA ... ... ... ... ... ...   22.1 -15.6 -9.08 -14.4 18.1      
Price/Book Value (P/BV) ... ... ... ... ... ...   1.14 0.913 1.49 2.36 4.22      
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               794 547 449 473 691      
Cost of Goods & Services USD mil               529 350 290 316 462      
Gross Profit USD mil               265 197 159 157 229      
Selling, General & Admin USD mil               150 134 135 126 ... ... ... ...
Research & Development USD mil               93.7 78.8 82.0 68.4 ... ... ... ...
Other Operating Expense USD mil               39.0 48.7 29.8 41.8 ... ... ... ...
Other Operating Cost (Income) USD mil               0 0 0 0 ... ... ... ...
EBITDA USD mil     ...         20.9 -22.5 -48.6 -45.1 64.8      
Depreciation USD mil ... ... ... ...       18.2 16.3 15.1 14.1 15.1      
EBIT USD mil               -18.3 -64.3 -88.0 -79.5 49.8      
Net Financing Cost USD mil               -0.097 -0.160 0.687 0.221 2.55      
Financing Cost USD mil               0.156 0.269 0.818 0.315 2.55      
Financing Income USD mil               0.253 0.429 0.131 0.094 ... ... ... ...
FX (Gain) Loss USD mil               5.47 1.22 -8.00 7.48 ... ... ... ...
Extraordinary Cost USD mil               0 -4.13 -20.8 0.285 38.9      
Pre-Tax Profit USD mil               -23.7 -65.8 -82.1 -88.7 47.2      
Tax USD mil               0.916 8.88 -11.9 0.006 9.44      
Minorities USD mil               0 0 0 0 0      
Net Profit USD mil               -24.6 -70.5 -49.3 -89.0 -1.13      
Net Profit Avail. to Common USD mil               -24.6 -70.5 -49.3 -89.0 -1.13      
Dividends USD mil               0 0 0 0 0      
growth rates                              
Total Revenue Growth % ...             14.9 -31.0 -18.0 5.49 46.0      
Operating Cost Growth % ...             20.8 -7.46 -5.71 -4.23 ... ... ... ...
EBITDA Growth % ...   ... ...       -31.8 -208 116 -7.27 -244      
EBIT Growth % ...             -18,375 252 37.0 -9.64 -163      
Pre-Tax Profit Growth % ...             -407 178 24.7 8.12 -153      
Net Profit Growth % ...             -645 187 -30.1 80.4 -98.7      
ratios                              
ROE % ...             -5.40 -17.1 -13.4 -28.1 -0.409      
ROA % ...             -3.57 -10.7 -7.95 -15.5 -0.204      
ROCE % ...             -4.85 -15.6 -13.2 -27.5 -0.353      
Gross Margin %               33.3 36.1 35.4 33.1 33.1      
EBITDA Margin %     ...         2.63 -4.11 -10.8 -9.53 9.39      
EBIT Margin %               -2.30 -11.7 -19.6 -16.8 7.20      
Net Margin %               -3.10 -12.9 -11.0 -18.8 -0.164      
Payout Ratio %               0 0 0 0 0      
Cost of Financing % ...             0.391 0.456 1.13 0.450 3.40      
Net Debt/EBITDA     ...         -2.20 -0.159 1.86 0.154 0.047      
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               89.1 71.2 161 76.8 76.8      
Receivables USD mil               172 78.6 49.6 66.3 69.6      
Inventories USD mil               50.8 36.3 32.8 82.2 87.9      
Other ST Assets USD mil               11.9 97.9 41.8 46.5 48.9      
Current Assets USD mil               324 284 285 272 283      
Property, Plant & Equipment USD mil               39.8 53.0 51.5 45.5 46.8      
LT Investments & Receivables USD mil               0 0 0 0 0      
Intangible Assets USD mil               296 224 254 222 222      
Goodwill USD mil               211 154 176 167 167      
Non-Current Assets USD mil               360 355 317 275 284      
Total Assets USD mil               684 639 601 547 567      
                                 
Trade Payables USD mil               94.1 55.8 67.3 109 114      
Short-Term Debt USD mil               0 6.17 7.55 2.63 12.6      
Other ST Liabilities USD mil               6.21 34.6 9.86 11.8 11.8      
Current Liabilities USD mil               190 184 172 196 139      
Long-Term Debt USD mil               43.3 68.6 62.7 67.2 67.2      
Other LT Liabilities USD mil               6.10 5.29 10.3 6.37 6.37      
Non-Current Liabilities USD mil               49.4 73.8 73.0 73.6 152      
Liabilities USD mil               240 258 245 269 290      
Preferred Equity and Hybrid Capital USD mil               0 0 0 0 0      
Share Capital USD mil               464 474 491 509 509      
Treasury Stock USD mil               1.97 0.370 0.542 2.13 2.13      
Equity Before Minority Interest USD mil               444 381 356 278 277      
Minority Interest USD mil               0 0 0 0 0      
Equity USD mil               444 381 356 278 277      
growth rates                              
Total Asset Growth % ...             -1.54 -6.52 -5.94 -9.03 3.59      
Shareholders' Equity Growth % ...             -5.00 -14.1 -6.53 -22.1 -0.409      
Net Debt Growth % ...             61.6 -108 -2,630 -92.3 -144      
Total Debt Growth % ...             18.1 72.8 -6.00 -0.549 14.3      
ratios                              
Total Debt USD mil               43.3 74.7 70.2 69.9 79.9      
Net Debt USD mil               -45.8 3.57 -90.3 -6.92 3.08      
Working Capital USD mil               128 59.2 15.1 39.7 43.3      
Capital Employed USD mil               489 414 332 315 327      
Net Debt/Equity %               -10.3 0.936 -25.3 -2.49 1.11      
Current Ratio               1.70 1.54 1.66 1.39 2.04      
Quick Ratio               1.37 0.813 1.22 0.731 1.06      
cash flow Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
cash flow                              
Net Profit USD mil               -24.6 -70.5 -49.3 -89.0 -1.13      
Depreciation USD mil ... ... ... ...       18.2 16.3 15.1 14.1 15.1      
Non-Cash Items USD mil               18.3 30.7 -18.4 39.1 4.68      
Change in Working Capital USD mil               14.4 13.6 27.6 -24.5 -3.63      
Total Cash From Operations USD mil               47.2 6.86 -7.77 -76.5 15.0      
                                 
Capital Expenditures USD mil               -21.0 -20.2 -21.7 -19.9 -25.0      
Net Change in LT Investment USD mil               0 0 0 0 ... ... ... ...
Net Cash From Acquisitions USD mil               5.00 0.500 122 -0.319 ... ... ... ...
Other Investing Activities USD mil               0 3.30 0 0 0      
Total Cash From Investing USD mil               -16.0 -16.4 101 -20.2 -25.0      
                                 
Dividends Paid USD mil               0 0 0 0 0      
Issuance Of Shares USD mil               -3.29 -0.186 -0.838 -5.37 0      
Issuance Of Debt USD mil               -0.627 -0.535 -0.405 9.79 10.0      
Other Financing Activities USD mil               -2.01 -0.941 -1.53 -1.06 ... ... ... ...
Total Cash From Financing USD mil               -5.93 -1.66 -2.77 3.37 10.0      
                                 
Effect of FX Rates USD mil               -1.22 0.958 2.28 -1.16 ... ... ... ...
Net Change In Cash USD mil               24.1 -10.2 92.3 -94.5 0      
ratios                              
Days Sales Outstanding days               79.0 52.4 40.3 51.1 36.8      
Days Sales Of Inventory days               35.0 37.9 41.3 94.8 69.4      
Days Payable Outstanding days               64.9 58.2 84.7 125 90.1      
Cash Conversion Cycle days               49.1 32.1 -3.02 20.5 16.0      
Cash Earnings USD mil ... ... ... ...       -6.41 -54.3 -34.2 -74.9 13.9      
Free Cash Flow USD mil               31.2 -9.51 92.8 -96.7 -10.0      
Capital Expenditures (As % of Sales) %               2.65 3.69 4.84 4.20 3.62      
other ratios Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                               
Employees               1,400 1,280 1,051 1,007 ... ... ... ...
Operating Cost (As % of Sales) %               35.6 47.8 55.0 49.9 ... ... ... ...
Research & Development (As % of Sales) %               11.8 14.4 18.3 14.5 ... ... ... ...
Effective Tax Rate %               -3.87 -13.5 14.5 -0.007 20.0      
Total Revenue Growth (5-year average) % ... ... ... ... ...     12.4 -0.046 -5.89 -5.13 0.005      
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ... 3.57 5.69      
valuation Unit 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                               
Market Capitalisation USD mil ... ... ... ... ... ...   506 348 532 654 1,168      
Enterprise Value (EV) USD mil ... ... ... ... ... ...   461 352 441 647 1,171      
Number Of Shares mil ... ... ... ... ... ...   36.0 36.2 36.4 37.1 37.9      
Share Price USD ... ... ... ... ... ...   14.1 9.63 14.6 17.6 30.8      
EV/EBITDA ... ... ... ... ... ...   22.1 -15.6 -9.08 -14.4 18.1      
Price/Earnings (P/E) ... ... ... ... ... ...   -20.6 -4.94 -10.8 -7.35 -1,030      
Price/Cash Earnings (P/CE) ... ... ... ... ... ...   -79.1 -6.42 -15.5 -8.73 83.8      
P/FCF ... ... ... ... ... ...   16.2 -36.6 5.73 -6.76 -117      
Price/Book Value (P/BV) ... ... ... ... ... ...   1.14 0.913 1.49 2.36 4.22      
Dividend Yield % ... ... ... ... ... ...   0 0 0 0 0      
Free Cash Flow Yield % ... ... ... ... ... ...   6.17 -2.73 17.5 -14.8 -0.856      
Earnings Per Share (EPS) USD ... ... ... ... ... ...   -0.683 -1.95 -1.36 -2.40 -0.030      
Cash Earnings Per Share USD ... ... ... ... ... ...   -0.178 -1.50 -0.940 -2.02 0.368      
Free Cash Flow Per Share USD ... ... ... ... ... ...   0.867 -0.263 2.55 -2.61 -0.264      
Book Value Per Share USD ... ... ... ... ... ...   12.3 10.5 9.79 7.48 7.29      
Dividend Per Share USD ... ... ... ... ... ...   0 0 0 0 0      
EV/Sales ... ... ... ... ... ...   0.580 0.643 0.984 1.37 1.70      
EV/EBIT ... ... ... ... ... ...   -25.2 -5.48 -5.01 -8.14 23.5      
EV/Free Cash Flow ... ... ... ... ... ...   14.8 -37.0 4.75 -6.69 -117      
EV/Capital Employed ... ... ... ... ... ...   0.942 0.849 1.33 2.05 3.58      
Earnings Per Share Growth % ... ... ... ... ... ... ... -597 185 -30.5 76.9 -98.8      
Cash Earnings Per Share Growth % ... ... ... ... ... ... ... -132 744 -37.4 115 -118      
Book Value Per Share Growth % ... ... ... ... ... ... ... -13.2 -14.5 -7.12 -23.6 -2.48      

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.