IMMERSION CORPORATION (IMMR) Stock Fundamental Analysis
USA - NASDAQ:IMMR - US4525211078 - Common Stock
6.865 USD
-0.01 (-0.22%)
6.76 USD
-0.11 (-1.53%)
Overall IMMR gets a fundamental rating of 5 out of 10. We evaluated IMMR against 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 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.
IMMR had positive earnings in 4 of the past 5 years.
Of the past 5 years IMMR 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.86%, IMMR is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
Looking at the Return On Equity, with a value of 14.75%, IMMR belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
IMMR has a Return On Invested Capital (1.89%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for IMMR is significantly below the industry average of 16.54%.
The 3 year average ROIC (9.10%) for IMMR is well above the current ROIC(1.89%). The reason for the recent decline needs to be investigated.
| 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 100.00% of the companies in the same industry.
In the last couple of years the Profit Margin of IMMR has grown nicely.
IMMR has a Operating Margin of 52.85%. This is amongst the best in the industry. IMMR outperforms 100.00% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so IMMR is still creating some value.
The number of shares outstanding for IMMR has been reduced compared to 1 year ago.
The number of shares outstanding for IMMR has been increased compared to 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 0.48, we must say that IMMR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.48, IMMR is in line with its industry, outperforming 42.86% of the companies in the same industry.
IMMR has a Debt/Equity ratio of 0.81. This is a neutral value indicating IMMR is somewhat dependend on debt financing.
IMMR's Debt to Equity ratio of 0.81 is in line compared to the rest of the industry. IMMR outperforms 42.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.48 |
ROIC/WACC0.21
WACC8.81%
2.3 Liquidity
IMMR has a Current Ratio of 1.55. This is a normal value and indicates that IMMR is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.55, IMMR perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 0.72 indicates that IMMR may have some problems paying its short term obligations.
The Quick ratio of IMMR (0.72) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
IMMR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.12%, which is quite good.
Measured over the past years, IMMR shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.60% on average per year.
The Revenue for IMMR has decreased by -11.81% in the past year. This is quite bad
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
IMMR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.87% yearly.
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.
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
The Price/Earnings ratio is 5.49, which indicates a rather cheap valuation of IMMR.
IMMR's Price/Earnings ratio is rather cheap when compared to the industry. IMMR is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.67. IMMR is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 2.09, the valuation of IMMR can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IMMR indicates a rather cheap valuation: IMMR is cheaper than 100.00% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 31.86. IMMR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.49 | ||
| Fwd PE | 2.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IMMR is valued cheaper than 88.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.92 |
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.
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
IMMR has a Yearly Dividend Yield of 2.72%.
IMMR's Dividend Yield is rather good when compared to the industry average which is at 1.85. 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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%
6.865
-0.01 (-0.22%)
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-1.36%
Ins Owners5.08%
Ins Owner Change-2.83%
Market Cap222.43M
Revenue(TTM)33.92M
Net Income(TTM)33.98M
Analysts82.5
Price Target12.5 (82.08%)
Short Float %9.76%
Short Ratio6.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 | 5.49 | ||
| Fwd PE | 2.09 | ||
| P/S | 6.56 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.97 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 9.92 |
EPS(TTM)1.25
EY18.21%
EPS(NY)3.28
Fwd EY47.84%
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 | 0.48 |
F-ScoreN/A
WACC8.81%
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 5.49 and the Price/Book (PB) ratio is 0.97.