Wade Nesmith - Westport Fuel Independent Director

WPRT Stock  CAD 7.12  0.49  6.44%   

Director

Mr. Wade D. Nesmith serves as Independent Director of the company. Mr. Nesmith founded Primero Mining Corporationration in 2007 and currently acts as its Chairman. In addition, he served as a director of Silver Wheaton Corporationration from 2004 to 2016. Mr. Nesmith joined Westport Innovations as a founding director in 1996 and served as director to 2000 while also holding various positions with the company until 2003, including President, Western Europe and VP of Strategic Development. He was responsible for capital markets as well as all operations in Europe including OEM relationships. From 2004 to 2010, Mr. Nesmith was an associate counsel at Lang Michener LLP, where he had also previously been counsel and partner since 2017.
Age 65
Tenure 7 years
Address 1691 West 75th Avenue, Vancouver, BC, Canada, V6P 6G2
Phone604 718 2000
Webhttps://wfsinc.com
Nesmith has also been a director of Polymer Group, Inc., Broadpoint Securities and Oxford Automotive. He served as the Superintendent of Brokers for the Province of British Columbia from 1989 to 1992, and obtained his Bachelor of Law degree from York University’s Osgoode Hall Law School in 1977.

Westport Fuel Management Efficiency

The company has return on total asset (ROA) of (0.0612) % which means that it has lost $0.0612 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2729) %, 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 2nd of May 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 Other Assets are very stable compared to the past year. As of the 2nd of May 2024, Intangible Assets is likely to grow to about 12 M, while Total Assets are likely to drop about 219.4 M.
The company has accumulated 29.26 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
Rodney Nunn, Independent Director
Marco Seimandi, VP Marketing
Rohan Athaide, Compliance Assurance
James Maccallum, Vice-President, Finance and Corporate Controller, Acting Chief Financial Officer
Jim Maccallum, Vice-President, Finance and Corporate Controller, Acting Chief Financial Officer
Jack Keaton, Executive Vice President - Innovation Group
Anthony Harris, Independent Director
Shawn Severson, Investor Relations
Tim Smith, Ex Staff
Maurizio Grando, Executive Group
Jeremy Chan, Associate Secretary
Frank Spiniello, VicePresident Operations
Nancy Gougarty, CEO, Director
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 VP
Ashoka Achuthan, CFO
Scott Mackie, Director
James Arthurs, Executive Vice President - Electronics
Rita Forst, Director
Andrea Alghisi, COO - Westport Fuel Systems Automotive and Industrial Group
Eileen Wheatman, Director
Solomon Samuel, VP HR
William Larkin, Chief Officer
Thomas Rippon, Executive Vice President - Engineering, CTO
Michele Buchignani, Independent Director
Massimiliano Fissore, Senior Vice President Independent Aftermarket & DOEM
Wade Nesmith, Independent Director
Richard Orazietti, Chief Financial Officer
Mike Willis, CFO
Colin Johnston, Independent Director
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Westport Fuel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Westport Fuel's short interest history, or implied volatility extrapolated from Westport Fuel options trading.

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
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When running Westport Fuel's price analysis, check to measure Westport Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.
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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.