IMMERSION CORPORATION (IMMR) Stock Fundamental Analysis
USA - NASDAQ:IMMR - US4525211078 - Common Stock
6.41 USD
-0.06 (-0.93%)
6.41 USD
0 (0%)
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. IMMR has a medium profitability rating, but doesn't score so well on its financial health evaluation. IMMR scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year IMMR was profitable.
Of the past 5 years IMMR 4 years were profitable.
Of the past 5 years IMMR 4 years had a positive operating cash flow.
1.2 Ratios
IMMR has a better Return On Assets (2.86%) than 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 54.29% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IMMR is significantly below the industry average of 16.16%.
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
IMMR has a better Profit Margin (100.17%) than 97.14% of its industry peers.
IMMR's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 52.85%, IMMR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
IMMR's Operating Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IMMR is creating some value.
The number of shares outstanding for IMMR has been reduced compared to 1 year ago.
Compared to 5 years ago, IMMR has more shares outstanding
There is no outstanding debt for IMMR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of 0.47, we must say that IMMR is in the distress zone and has some risk of bankruptcy.
IMMR's Altman-Z score of 0.47 is on the low side compared to the rest of the industry. IMMR is outperformed by 62.86% of its industry peers.
IMMR has a Debt/Equity ratio of 0.81. This is a neutral value indicating IMMR is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.81, IMMR is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.47 |
ROIC/WACC0.22
WACC8.78%
2.3 Liquidity
A Current Ratio of 1.55 indicates that IMMR should not have too much problems paying its short term obligations.
With a Current ratio value of 1.55, IMMR perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
IMMR has a Quick Ratio of 1.55. This is a bad value and indicates that IMMR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.72, IMMR perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
| 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.
Looking at the last year, IMMR shows a very negative growth in Revenue. The Revenue has decreased by -11.81% in the last year.
The Revenue for IMMR have been decreasing by -21.11% on average. This is quite bad
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.
Based on estimates for the next years, IMMR will show a very strong growth in Revenue. The Revenue will grow by 189.84% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.13, the valuation of IMMR can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of IMMR indicates a rather cheap valuation: IMMR is cheaper than 97.14% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of IMMR to the average of the S&P500 Index (25.89), we can say IMMR is valued rather cheaply.
IMMR is valuated cheaply with a Price/Forward Earnings ratio of 1.95.
94.29% of the companies in the same industry are more expensive than IMMR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of IMMR to the average of the S&P500 Index (34.59), we can say IMMR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.13 | ||
| Fwd PE | 1.95 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IMMR is valued cheaper than 91.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.08 |
4.3 Compensation for Growth
IMMR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of IMMR 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 2.78%, 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 1.95. IMMR pays more dividend than 94.29% of the companies in the same industry.
IMMR's Dividend Yield is comparable with the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
5.2 History
IMMR has been paying a dividend for less than 5 years, so it still needs to build a track record.
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%
6.41
-0.06 (-0.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryTechnology Hardware, Storage & Peripherals
Earnings (Last)
Earnings (Next)
Inst Owners53.94%
Inst Owner Change-3.7%
Ins Owners5.08%
Ins Owner Change-5.69%
Market Cap207.68M
Revenue(TTM)33.92M
Net Income(TTM)33.98M
Analysts82.86
Price Target12.5 (95.01%)
Short Float %9.76%
Short Ratio6.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.78% |
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 | 5.13 | ||
| Fwd PE | 1.95 | ||
| P/S | 6.12 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.9 | ||
| P/tB | 1.71 | ||
| EV/EBITDA | 9.08 |
EPS(TTM)1.25
EY19.5%
EPS(NY)3.28
Fwd EY51.24%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.05
BVpS7.11
TBVpS3.74
PEG (NY)0.07
PEG (5Y)N/A
Graham Number14.14
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 | 0.47 |
F-ScoreN/A
WACC8.78%
ROIC/WACC0.22
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 5.13 and the Price/Book (PB) ratio is 0.9.