Melih Ogmen - Westport Fuel Chief Technologies

WPRT Stock  CAD 6.20  0.08  1.27%   

Insider

Melih Ogmen is Chief Technologies of Westport Fuel Systems
Address 1691 West 75th Avenue, Vancouver, BC, Canada, V6P 6G2
Phone604 718 2000
Webhttps://wfsinc.com

Westport Fuel Management Efficiency

The company has return on total asset (ROA) of (0.0652) % which means that it has lost $0.0652 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1993) %, meaning that it generated substantial loss on money invested by shareholders. Westport Fuel's management efficiency ratios could be used to measure how well Westport Fuel manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.15. In addition to that, Return On Capital Employed is likely to drop to -0.22. At this time, Westport Fuel's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Other Assets is likely to grow to about 34.4 M, while Total Assets are likely to drop about 219.4 M.
Westport Fuel Systems has accumulated 82.83 M in total debt with debt to equity ratio (D/E) of 0.35, which is about average as compared to similar companies. Westport Fuel Systems has a current ratio of 2.32, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Westport Fuel until it has trouble settling it off, either with new capital or with free cash flow. So, Westport Fuel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Westport Fuel Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westport to invest in growth at high rates of return. When we think about Westport Fuel's use of debt, we should always consider it together with cash and equity.

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Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada. WESTPORT FUEL operates under Auto Parts classification in Canada and is traded on Toronto Stock Exchange. It employs 1797 people. Westport Fuel Systems (WPRT) is traded on Toronto Exchange in Canada and employs 1,715 people. Westport Fuel is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Westport Fuel Systems Leadership Team

Elected by the shareholders, the Westport Fuel's board of directors comprises two types of representatives: Westport Fuel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Westport. The board's role is to monitor Westport Fuel's management team and ensure that shareholders' interests are well served. Westport Fuel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Westport Fuel's outside directors are responsible for providing unbiased perspectives on the board's policies.
KarlViktor Schaller, Director
Fabien Redon, CTO Development
Marco Seimandi, VP Marketing
Rohan Athaide, Compliance Assurance
Tim Smith, Ex Staff
Maurizio Grando, Executive Group
Jeremy Chan, Associate Secretary
Frank Spiniello, VicePresident Operations
Nicola Cosciani, Ex Operations
David Johnson, Chief Executive Officer, Director
Peter Yu, Independent Director
Ashley Nuell, Senior Relations
Brenda Eprile, Independent Chairman of the Board
Daniel Hancock, Independent Director
Daniel Sceli, CEO Director
Lance Follett, Chief Development
James Arthurs, Executive Vice President - Electronics
Rita Forst, Director
Eileen Wheatman, Director
Solomon Samuel, VP HR
William Larkin, Chief Officer
Michele Buchignani, Independent Director
Massimiliano Fissore, Senior Vice President Independent Aftermarket & DOEM
Richard Orazietti, Chief Financial Officer
Melih Ogmen, Chief Technologies
Bart Aerle, Vice President Prins

Westport Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Westport Fuel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Westport Fuel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Westport Fuel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Westport Fuel will appreciate offsetting losses from the drop in the long position's value.

Moving against Westport Stock

  0.86PIC-A Premium Income SplitPairCorr
  0.58FFH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Westport Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Westport Fuel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Westport Fuel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Westport Fuel Systems to buy it.
The correlation of Westport Fuel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Westport Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Westport Fuel Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Westport Fuel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Westport Fuel Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westport Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westport Fuel Systems Stock. Highlighted below are key reports to facilitate an investment decision about Westport Fuel Systems Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westport Fuel Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Please note, there is a significant difference between Westport Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westport Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westport Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.