What the Texas Instruments deal and new guidance mean for Weebit Nano
Weebit Nano (ASX:WBT) has drawn fresh attention after licensing its ReRAM technology to Texas Instruments and issuing minimum revenue guidance of A$10 million for fiscal 2026, marking a clear operational milestone.
See our latest analysis for Weebit Nano.
After the Texas Instruments announcement and new 2026 revenue guidance, interest has picked up. A 30 day share price return of 18.49% and a 1 year total shareholder return of 57.61% point to building momentum rather than fading enthusiasm.
If this kind of semiconductor story has your attention, it could be a good moment to widen your watchlist with other high growth tech and AI stocks that are getting investor interest.
With a 1 year total shareholder return above 50%, fresh minimum revenue guidance of A$10 million for 2026 and a Texas Instruments licensing deal in hand, is there still a buying opportunity here, or is the market already pricing in future growth?
Price-to-Book of 11.3x: Is it justified?
With Weebit Nano last closing at A$4.87, the current P/B of 11.3x places the shares at a premium level compared with both peers and the wider semiconductor group.
The P/B ratio compares the market value of the equity to its book value, so a higher figure usually reflects strong expectations for future value creation relative to the existing balance sheet. For a company that is still loss making, a rich P/B often signals that investors are focusing on potential commercialisation rather than current profitability.
In this case, Weebit Nano is unprofitable, reports a loss of A$38.38m and does not yet have meaningful revenue at around A$4.41m. It is also forecast to remain unprofitable over the next three years. Set against that backdrop, an 11.3x P/B implies the market is placing a high value on future revenue growth rather than current returns on equity, which are negative.
The comparison lines up with that view, as the company is described as expensive on a P/B basis both versus the global semiconductor industry average of 2.8x and versus its direct peer average of 11.3x. That is a strong gap to the broader industry, suggesting expectations for Weebit Nano are much higher than for many established semiconductor names.
See what the numbers say about this price — find out in our valuation breakdown.
Result: Price-to-book of 11.3x (OVERVALUED)
However, the company is still loss making, with net income of A$38.38m in the red and meaningful execution risk around turning early ReRAM traction into sustained revenue growth.
Find out about the key risks to this Weebit Nano narrative.
Build Your Own Weebit Nano Narrative
If you read this and feel differently, or just want to see the numbers for yourself, you can build your own view in a few minutes, starting with Do it your way .
A great starting point for your Weebit Nano research is our analysis highlighting 1 key reward and 2 important warning signs that could impact your investment decision.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include WBT.AX .
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