Pivotal Systems Corporation engages in the design, development, manufacture, and sale of gas flow and flow ratio controllers for the semiconductor industry in Asia and North America.
Pivotal Systems Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.02|
|52 Week High||AU$0.71|
|52 Week Low||AU$1.62|
|1 Month Change||-15.42%|
|3 Month Change||-27.50%|
|1 Year Change||15.34%|
|3 Year Change||-61.41%|
|5 Year Change||n/a|
|Change since IPO||-60.81%|
Recent News & Updates
Is Pivotal Systems (ASX:PVS) Weighed On By Its Debt Load?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
How Much Did Pivotal Systems'(ASX:PVS) Shareholders Earn From Share Price Movements Over The Last Year?
Pivotal Systems Corporation ( ASX:PVS ) shareholders should be happy to see the share price up 30% in the last quarter...
|PVS||AU Semiconductor||AU Market|
Return vs Industry: PVS underperformed the Australian Semiconductor industry which returned 55.1% over the past year.
Return vs Market: PVS underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: PVS is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PVS's weekly volatility (7%) has been stable over the past year.
About the Company
Pivotal Systems Corporation engages in the design, development, manufacture, and sale of gas flow and flow ratio controllers for the semiconductor industry in Asia and North America. The company's platform includes gas flow controller product lines that provide real-time monitoring and control of the critical parameters difficult to control in wafer processing. It serves integrated device manufacturers, foundries, and original equipment manufacturers.
Pivotal Systems Fundamentals Summary
|PVS fundamental statistics|
Is PVS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PVS income statement (TTM)|
|Cost of Revenue||US$20.41m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.043|
|Net Profit Margin||-21.76%|
How did PVS perform over the long term?See historical performance and comparison
Is Pivotal Systems undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PVS (A$1.02) is trading above our estimate of fair value (A$0.49)
Significantly Below Fair Value: PVS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PVS is unprofitable, so we can't compare its PE Ratio to the Global Semiconductor industry average.
PE vs Market: PVS is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PVS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PVS is good value based on its PB Ratio (3.3x) compared to the AU Semiconductor industry average (4.3x).
How is Pivotal Systems forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PVS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PVS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PVS's is expected to become profitable in the next 3 years.
Revenue vs Market: PVS's revenue (26.6% per year) is forecast to grow faster than the Australian market (5.5% per year).
High Growth Revenue: PVS's revenue (26.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PVS's Return on Equity is forecast to be low in 3 years time (2.3%).
How has Pivotal Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PVS is currently unprofitable.
Growing Profit Margin: PVS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PVS is unprofitable, but has reduced losses over the past 5 years at a rate of 36.8% per year.
Accelerating Growth: Unable to compare PVS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PVS is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (57.2%).
Return on Equity
High ROE: PVS has a negative Return on Equity (-18.74%), as it is currently unprofitable.
How is Pivotal Systems's financial position?
Financial Position Analysis
Short Term Liabilities: PVS's short term assets ($20.9M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: PVS's short term assets ($20.9M) exceed its long term liabilities ($925.0K).
Debt to Equity History and Analysis
Debt Level: PVS's debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: PVS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PVS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PVS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Pivotal Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PVS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PVS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PVS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PVS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PVS's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. John P. Hoffman serves as the Executive Chairman and is Chief Executive Officer of Pivotal Systems Corporation since June 6, 2008. Mr. Hoffman has 30 years of global technology management experience in...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD625.00K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
Experienced Management: PVS's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: PVS's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.7%.
Pivotal Systems Corporation's employee growth, exchange listings and data sources
- Name: Pivotal Systems Corporation
- Ticker: PVS
- Exchange: ASX
- Founded: 2003
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: AU$133.637m
- Shares outstanding: 128.50m
- Website: https://www.pivotalsys.com
Number of Employees
- Pivotal Systems Corporation
- 48389 Fremont Boulevard
- Suite 100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 07:04|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.