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WTF.O NASDAQ Banking & Investment Services

Waton Financial Ltd

$2,99
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Mcap
144,2M USD
P/E
EV / Rev
Div yield
Op margin
-151,3 %
ROE
-93,7 %
Net margin
-160,7 %
Debt / equity
0,14
Beta
52w range
Volume
Day range
Prev close
$2,85
Open
$2,94
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Waton Financial Ltd provides investment banking and brokerage services, generating revenue primarily through transaction fees, asset management, and advisory services.

Business. Waton Financial Ltd (WTF.O) is a financial services company operating in the investment banking and brokerage services industry. The firm generates revenue primarily through fee-based activities within the banking and investment services sector. Waton Financial is headquartered in the United States and is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic breakdowns are not available.

Classification99 %
SectorFinancials
Industry groupBanking & Investment Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability
-93,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning WTF.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to WTF.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Waton Financial Ltd (WTF.O) is a financial services company operating in the investment banking and brokerage services industry. The firm generates revenue primarily through fee-based activities within the banking and investment services sector. Waton Financial is headquartered in the United States and is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic breakdowns are not available.

    Classification99 %
    SectorFinancials
    Industry groupBanking & Investment Services
    AI synthesis
    GENERATED

    Waton Financial Ltd exhibits a high price-to-book ratio of 12.69, indicating that the market is valuing the company significantly above its book value. The company's liquidity position is assessed as low, with a current ratio of 1.41, suggesting limited short-term liquidity cushion. The company holds $7.72 million in cash and equivalents, which is a small portion of its total assets of $30.72 million.

    The company's profitability is negative, with a net loss of $11.97 million and an operating loss of $11.27 million. Return on equity is -9.37%, and return on assets is -3.90%, both significantly below the industry norms for investment banking and brokerage services. The company's debt-to-equity ratio of 0.14 suggests a conservative capital structure, with limited leverage.

    Waton Financial Ltd's revenue is not segmented by geographic region or business line in the available data, making it difficult to assess revenue concentration or geographic exposure. However, the company's operations are likely concentrated in the financial services sector, with no disclosed diversification into other industries.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided. Historical data shows a revenue of $7.45 million, but the company is currently reporting a net loss. The company's free cash flow is negative at -$11.88 million, indicating that it is not generating sufficient cash from operations to fund its activities.

    The company's risk assessment indicates low liquidity and dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's capital structure is relatively conservative, with a low debt-to-equity ratio. However, the company's negative net income and operating cash flow suggest potential financial stress.

    Recent filings and transcripts do not indicate any significant events or strategic changes for Waton Financial Ltd. The company's financial performance and risk profile remain stable, with no major developments reported in the latest available data.

    Key takeaways
    • Waton Financial Ltd is trading at a high price-to-book ratio of 12.69, indicating a premium valuation relative to its book value.
    • The company is currently reporting a net loss of $11.97 million and an operating loss of $11.27 million, with negative returns on equity and assets.
    • Waton Financial Ltd has a conservative capital structure with a debt-to-equity ratio of 0.14 and a current ratio of 1.41.
    • The company's liquidity position is assessed as low, with limited short-term liquidity cushion.
    • No immediate filing-based liquidity or dilution flags were detected, suggesting a stable capital structure.
    • The company's free cash flow is negative at -$11.88 million, indicating that it is not generating sufficient cash from operations to fund its activities.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $2,99
    Market cap
    $162.1M
    Enterprise value
    $156.2M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    433.8x
    P / B
    12.7x
    P / Tangible book
    12.7x
    Tangible book
    $12.8M
    Net cash
    $5.9M
    Current ratio
    1.4
    Debt / equity
    0.1
    ROA
    -39.0%
    ROE
    -93.7%
    Cash conversion
    -3.0%
    CapEx / revenue
    -0.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Bond Distribution & Syndication17,7 %
    low · business_description · 2026-07-03
    Securities Margin Financing15,8 %
    low · business_description · 2026-07-03

    Market share

    INDUSTRYSEGMENTCOMPANYFinancialsIndustryBanking & Investment Services289,4B node revenueSNEX 45,7%MS 11,8%SCHW 8,3%LPLA 5,9%RJF 5,5%ICE 4,4%NDAQ 2,9%NMR 2,3%Other 13,3%
    Source: company disclosures · own-taxonomy revenue-covered setWTF 0,0% · rank #27 of 30

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison8 peers · vs WTF · multiples and returns
    SN
    SNEX
    Stonex Group Inc
    $76,18
    6,0B USD
    P/E
    26,1x
    vs self
    Div yield
    vs self
    ROE
    12,9 %
    +106,6 vs self
    MS
    MS
    MORGAN STANLEY
    $211,62
    333,5B USD
    P/E
    65,4x
    vs self
    Div yield
    0,2 %
    vs self
    ROE
    4,9 %
    +98,6 vs self
    SC
    SCHW
    THE CHARLES SCHWAB CORPORATION
    $106,00
    185,7B USD
    P/E
    16,9x
    vs self
    Div yield
    1,3 %
    vs self
    ROE
    18,0 %
    +111,7 vs self
    LP
    LPLA
    Lpl Financial Holdings Inc
    $360,35
    29,0B USD
    P/E
    25,3x
    vs self
    Div yield
    0,4 %
    vs self
    ROE
    15,2 %
    +108,9 vs self
    RJ
    RJF
    Raymond James Financial Inc
    $177,68
    35,6B USD
    P/E
    15,6x
    vs self
    Div yield
    1,2 %
    vs self
    ROE
    17,0 %
    +110,7 vs self
    IC
    ICE
    Intercontinental Exchange In
    $152,48
    86,6B USD
    P/E
    26,1x
    vs self
    Div yield
    1,3 %
    vs self
    ROE
    11,2 %
    +105,0 vs self
    ND
    NDAQ
    NASDAQ, INC.
    $94,40
    54,0B USD
    P/E
    29,6x
    vs self
    Div yield
    1,2 %
    vs self
    ROE
    14,9 %
    +108,6 vs self
    NM
    NMR
    Nomura Holdings Inc-spon Adr
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-151,3 %Bottom quartile
    Net Margin-160,7 %Bottom quartile
    ROE-93,7 %Bottom quartile
    Capex / Rev-0,2 %Above median
    D/E0,14Above median
    Cash Conv-0,03Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Waton Financial Ltd Market data — financials · 2026-05-30

    Ownership & reference

    Top holders

    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    — missing data

    Short positioning

    186.7Kshares short-0.0% vs prior
    15.47days to cover
    7.4%short of daily vol
    104fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    WTF.OCanonical
    NASDAQ · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Operating cash flow (annual): USD -7.06MUnknown
    • Operating income (annual): USD -14.53MUnknown
    • EPS (basic) (annual): USD-PER-SHARES -0Unknown
    • R&D expense (annual): USD 726.3KUnknown
    • Total operating expenses (annual): USD 25.61MUnknown
    • Net income (annual): USD -15.15MUnknown
    • Revenue (annual): USD 11.08MUnknown
    • Pre-tax income (annual): USD -15.15MUnknown
    • Capex (annual): USD 323.57KUnknown
    • EPS (diluted) (annual): USD-PER-SHARES -0Unknown
    • Net margin (FY 2025-03-31): -160.7%Derived (calculated)
    • Revenue (annual): USD 7.45MSEC XBRL filing
    • Operating cash flow (annual): USD 359.96KSEC XBRL filing
    • Capex (annual): USD 13.74KSEC XBRL filing
    • Net income (annual): USD -11.97MSEC XBRL filing
    • Total operating expenses (annual): USD 18.1MSEC XBRL filing
    • R&D expense (annual): USD 427.67KSEC XBRL filing
    • Operating income (annual): USD -10.65MSEC XBRL filing
    • Pre-tax income (annual): USD -11.81MSEC XBRL filing
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-04-21FILING6-K filing →
    2026-01-29FILING6-K filing →
    2025-08-13FILING6-K filing →
    2025-07-24FILING20F →
    2025-04-02FILINGFORM 6-K →
    2025-04-02FILING424B4 filing →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage