6.91 USD
-0.13 (-1.85%)
7.12 USD
+0.21 (+3.04%)
We assign a fundamental rating of 5 out of 10 to IMMR. IMMR was compared to 35 industry peers in the Technology Hardware, Storage & Peripherals industry. While IMMR is still in line with the averages on profitability rating, there are concerns on its financial health. IMMR is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year IMMR was profitable.
Of the past 5 years IMMR 4 years were profitable.
IMMR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
IMMR's Return On Assets of 2.86% is fine compared to the rest of the industry. IMMR outperforms 65.71% of its industry peers.
IMMR's Return On Equity of 14.75% is amongst the best of the industry. IMMR outperforms 82.86% of its industry peers.
IMMR has a Return On Invested Capital of 1.89%. This is comparable to the rest of the industry: IMMR outperforms 57.14% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IMMR is significantly below the industry average of 15.26%.
The last Return On Invested Capital (1.89%) for IMMR is well below the 3 year average (9.10%), which needs to be investigated, but indicates that IMMR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 14.75% | ||
| ROIC | 1.89% |
ROA(3y)13%
ROA(5y)5.72%
ROE(3y)15.61%
ROE(5y)6.28%
ROIC(3y)9.1%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 100.17%, IMMR belongs to the top of the industry, outperforming 97.14% of the companies in the same industry.
IMMR's Profit Margin has improved in the last couple of years.
IMMR's Operating Margin of 52.85% is amongst the best of the industry. IMMR outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of IMMR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.85% | ||
| PM (TTM) | 100.17% | ||
| GM | N/A |
OM growth 3Y94.23%
OM growth 5Y2.01%
PM growth 3Y78.19%
PM growth 5Y15.41%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
IMMR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
IMMR has less shares outstanding than it did 1 year ago.
IMMR has more shares outstanding than it did 5 years ago.
IMMR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 0.55, we must say that IMMR is in the distress zone and has some risk of bankruptcy.
IMMR's Altman-Z score of 0.55 is on the low side compared to the rest of the industry. IMMR is outperformed by 65.71% of its industry peers.
A Debt/Equity ratio of 0.81 indicates that IMMR is somewhat dependend on debt financing.
IMMR has a Debt to Equity ratio (0.81) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.55 |
ROIC/WACC0.21
WACC8.83%
2.3 Liquidity
A Current Ratio of 1.55 indicates that IMMR should not have too much problems paying its short term obligations.
IMMR has a Current ratio (1.55) which is comparable to the rest of the industry.
A Quick Ratio of 0.72 indicates that IMMR may have some problems paying its short term obligations.
IMMR's Quick ratio of 0.72 is on the low side compared to the rest of the industry. IMMR is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.12% over the past year.
IMMR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.60% yearly.
The Revenue for IMMR has decreased by -11.81% in the past year. This is quite bad
IMMR shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -21.11% yearly.
EPS 1Y (TTM)14.12%
EPS 3Y47.44%
EPS 5Y-9.6%
EPS Q2Q%N/A
Revenue 1Y (TTM)-11.81%
Revenue growth 3Y3.61%
Revenue growth 5Y-21.11%
Sales Q2Q%-22.96%
3.2 Future
The Earnings Per Share is expected to grow by 10.87% on average over the next years. This is quite good.
The Revenue is expected to grow by 189.84% on average over the next years. This is a very strong growth
EPS Next Y75.07%
EPS Next 2Y62.1%
EPS Next 3Y10.87%
EPS Next 5YN/A
Revenue Next Year1039.86%
Revenue Next 2Y388.92%
Revenue Next 3Y189.84%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.53, the valuation of IMMR can be described as very cheap.
Based on the Price/Earnings ratio, IMMR is valued cheaper than 97.14% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.56. IMMR is valued rather cheaply when compared to this.
IMMR is valuated cheaply with a Price/Forward Earnings ratio of 2.10.
Based on the Price/Forward Earnings ratio, IMMR is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.79. IMMR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.53 | ||
| Fwd PE | 2.1 |
4.2 Price Multiples
IMMR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. IMMR is cheaper than 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.75 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
IMMR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.07
PEG (5Y)N/A
EPS Next 2Y62.1%
EPS Next 3Y10.87%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.98%, IMMR has a reasonable but not impressive dividend return.
IMMR's Dividend Yield is rather good when compared to the industry average which is at 0.55. IMMR pays more dividend than 94.29% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, IMMR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
5.2 History
IMMR has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y62.1%
EPS Next 3Y10.87%
6.91
-0.13 (-1.85%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners34.19%
Inst Owner Change-7.5%
Ins Owners3.34%
Ins Owner Change-2.42%
Market Cap345.71M
Revenue(TTM)33.92M
Net Income(TTM)33.98M
Analysts82.86
Price Target12.5 (80.9%)
Short Float %6.68%
Short Ratio6.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
Yearly Dividend0.23
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.53 | ||
| Fwd PE | 2.1 | ||
| P/S | 10.19 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.5 | ||
| P/tB | 2.85 | ||
| EV/EBITDA | 16.75 |
EPS(TTM)1.25
EY18.09%
EPS(NY)3.28
Fwd EY47.53%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS0.68
BVpS4.6
TBVpS2.42
PEG (NY)0.07
PEG (5Y)N/A
Graham Number11.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.86% | ||
| ROE | 14.75% | ||
| ROCE | 2.39% | ||
| ROIC | 1.89% | ||
| ROICexc | 2.3% | ||
| ROICexgc | 2.8% | ||
| OM | 52.85% | ||
| PM (TTM) | 100.17% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)13%
ROA(5y)5.72%
ROE(3y)15.61%
ROE(5y)6.28%
ROIC(3y)9.1%
ROIC(5y)N/A
ROICexc(3y)48.9%
ROICexc(5y)N/A
ROICexgc(3y)48.9%
ROICexgc(5y)N/A
ROCE(3y)11.5%
ROCE(5y)N/A
ROICexgc growth 3Y84.52%
ROICexgc growth 5YN/A
ROICexc growth 3Y84.52%
ROICexc growth 5Y-44.16%
OM growth 3Y94.23%
OM growth 5Y2.01%
PM growth 3Y78.19%
PM growth 5Y15.41%
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.37 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 0.55 |
F-ScoreN/A
WACC8.83%
ROIC/WACC0.21
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)109.51%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.12%
EPS 3Y47.44%
EPS 5Y-9.6%
EPS Q2Q%N/A
EPS Next Y75.07%
EPS Next 2Y62.1%
EPS Next 3Y10.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.81%
Revenue growth 3Y3.61%
Revenue growth 5Y-21.11%
Sales Q2Q%-22.96%
Revenue Next Year1039.86%
Revenue Next 2Y388.92%
Revenue Next 3Y189.84%
Revenue Next 5YN/A
EBIT growth 1Y-26.59%
EBIT growth 3Y101.23%
EBIT growth 5Y-19.52%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-48.65%
FCF growth 3YN/A
FCF growth 5Y-21.67%
OCF growth 1Y-48.69%
OCF growth 3Y909.9%
OCF growth 5Y-21.68%
IMMERSION CORPORATION / IMMR FAQ
Can you provide the ChartMill fundamental rating for IMMERSION CORPORATION?
ChartMill assigns a fundamental rating of 5 / 10 to IMMR.
What is the valuation status of IMMERSION CORPORATION (IMMR) stock?
ChartMill assigns a valuation rating of 7 / 10 to IMMERSION CORPORATION (IMMR). This can be considered as Undervalued.
How profitable is IMMERSION CORPORATION (IMMR) stock?
IMMERSION CORPORATION (IMMR) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for IMMR stock?
The Price/Earnings (PE) ratio for IMMERSION CORPORATION (IMMR) is 5.53 and the Price/Book (PB) ratio is 1.5.