ION Geophysical Corporation, together with its subsidiaries, provides a suite of services and products for seismic data acquisition and processing in Latin America, North America, Europe, the Asia Pacific, Africa, the Middle East, and internationally.
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has ION Geophysical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IO8N's share price has been volatile over the past 3 months.
7 Day Return
DE Energy Services
1 Year Return
DE Energy Services
Return vs Industry: IO8N underperformed the German Energy Services industry which returned -50.5% over the past year.
Return vs Market: IO8N underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is ION Geophysical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is ION Geophysical undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether ION Geophysical is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ION Geophysical has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of IO8N’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through ION Geophysical regulatory filings.
- Explore potentially undervalued companies in the Energy industry.
How is ION Geophysical forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IO8N is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: IO8N is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: IO8N is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: IO8N's revenue is expected to decline over the next 3 years (-13.5% per year).
High Growth Revenue: IO8N's revenue is forecast to decline over the next 3 years (-13.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IO8N's Return on Equity is forecast to be high in 3 years time
How has ION Geophysical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IO8N is currently unprofitable.
Growing Profit Margin: IO8N is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IO8N is unprofitable, but has reduced losses over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare IO8N's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IO8N is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (11.1%).
Return on Equity
High ROE: IO8N's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is ION Geophysical's financial position?
Financial Position Analysis
Short Term Liabilities: IO8N has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IO8N has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IO8N has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IO8N's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: IO8N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IO8N has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.3% each year
What is ION Geophysical current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IO8N's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IO8N'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 IO8N's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IO8N'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 IO8N's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Usher (59yo)
Mr. Christopher T. Usher, also known as Chris, has been President, Chief Executive Officer and Director of ION Geophysical Corporation since June 1, 2019. Mr. Usher served as Chief Operating Officer of Ope ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD1.43M) is above average for companies of similar size in the German market ($USD476.27K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|CEO, President & Director||1.08yrs||US$1.43m||1.88% $635.4k|
|VP, Chief Accounting Officer & Corporate Controller||no data||US$206.22k||0.087% $29.4k|
|Executive VP||2.83yrs||US$280.71k||0.36% $121.3k|
|Executive VP and COO of E&P Technology & Services||13.5yrs||US$398.83k||1.09% $370.5k|
|Interim Executive VP||0.42yr||no data||0.41% $137.6k|
|Vice President of Corporate Communications||no data||no data||no data|
|Executive Vice President of Global Human Resources||no data||no data||no data|
Experienced Management: IO8N's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
|CEO, President & Director||1.08yrs||US$1.43m||1.88% $635.4k|
|Chairman & Lead Independent Director||7.5yrs||US$209.83k||3.64% $1.2m|
|Independent Director||15.92yrs||US$192.83k||0.14% $49.0k|
|Independent Director||16.92yrs||US$189.83k||0.16% $53.5k|
|Independent Director||1.08yrs||US$98.14k||0.032% $10.8k|
|Independent Director||9.58yrs||US$195.83k||0.20% $68.5k|
|Independent Director||2.25yrs||US$151.52k||0.039% $13.4k|
|Independent Director||1.08yrs||US$99.26k||0.016% $5.3k|
Experienced Board: IO8N's board of directors are considered experienced (4.9 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 6.9%.
ION Geophysical Corporation's company bio, employee growth, exchange listings and data sources
- Name: ION Geophysical Corporation
- Ticker: IO8N
- Exchange: DB
- Founded: 1968
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$38.043m
- Listing Market Cap: US$33.839m
- Shares outstanding: 15.04m
- Website: https://www.iongeo.com
Number of Employees
- ION Geophysical Corporation
- 2105 CityWest Boulevard
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IO||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Apr 1991|
|IO8N||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 1991|
ION Geophysical Corporation, together with its subsidiaries, provides a suite of services and products for seismic data acquisition and processing in Latin America, North America, Europe, the Asia Pacific, Africa, the Middle East, and internationally. The company operates in two segments: E&P Technology & Services and Operations Optimization. The E&P Technology & Services segment offers data processing and imaging services; and survey planning and design, data acquisition and management, subsurface imaging, and reservoir characterization, as well as technical, commercial, and strategic advisory services. The Operations Optimization segment provides survey design, and command and control software systems and related services for marine towed streamer and seabed operations; and in-field optimization, and equipment maintenance and training services. This segment also develops, manufactures, and repairs marine towed streamer positioning and data acquisition systems, ocean bottom data acquisition technologies, marine diverters, analog geophones, and land acquisition systems, which are deployed in marine robotics, defense, scientific, exploration and production, and other commercial applications. ION Geophysical Corporation markets and sells its services and products through direct sales force and third-party sales representatives. The company was formerly known as Input/Output, Inc. and changed its name to ION Geophysical Corporation in 2007. ION Geophysical Corporation was founded in 1968 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 22:14|
|End of Day Share Price||2020/07/02 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.