DSP Group, Inc., a fabless semiconductor company, provides wireless, audio, voice, and AI chipsets for smart-enabled devices.
Flawless balance sheet with concerning outlook.
Share Price & News
How has DSP Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DP3's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DP3 underperformed the German Semiconductor industry which returned 31.1% over the past year.
Return vs Market: DP3 exceeded the German Market which returned 2.5% over the past year.
Price Volatility Vs. Market
How volatile is DSP Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is DSP Group 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: DP3 (€13.6) is trading above our estimate of fair value (€13.31)
Significantly Below Fair Value: DP3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DP3 is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: DP3 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DP3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DP3 is overvalued based on its PB Ratio (2.4x) compared to the DE Semiconductor industry average (2.3x).
How is DSP Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DP3 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DP3 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DP3 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DP3's revenue (8.3% per year) is forecast to grow faster than the German market (5.9% per year).
High Growth Revenue: DP3's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DP3's Return on Equity is forecast to be high in 3 years time
How has DSP Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DP3 is currently unprofitable.
Growing Profit Margin: DP3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DP3 is unprofitable, and losses have increased over the past 5 years at a rate of -50.2% per year.
Accelerating Growth: Unable to compare DP3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DP3 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.5%).
Return on Equity
High ROE: DP3 has a negative Return on Equity (-1.73%), as it is currently unprofitable.
How is DSP Group's financial position?
Financial Position Analysis
Short Term Liabilities: DP3's short term assets ($101.8M) exceed its short term liabilities ($24.8M).
Long Term Liabilities: DP3's short term assets ($101.8M) exceed its long term liabilities ($26.3M).
Debt to Equity History and Analysis
Debt Level: DP3 is debt free.
Reducing Debt: DP3 has not had any debt for past 5 years.
Debt Coverage: DP3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DP3 has no debt, therefore coverage of interest payments is not a concern.
What is DSP Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DP3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DP3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DP3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DP3's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DP3's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ofer Elyakim (50yo)
Mr. Ofer Elyakim has been the Chief Executive Officer at DSP Group Inc. since July 2009. Mr. Elyakim served as President of South East Asia Operations and Senior Vice President at DSP Group Inc. from May 1 ...
CEO Compensation Analysis
Compensation vs Market: Ofer's total compensation ($USD1.89M) is above average for companies of similar size in the German market ($USD1.06M).
Compensation vs Earnings: Ofer's compensation has increased whilst the company is unprofitable.
|CEO & Director||11yrs||US$1.89m||2.15% $6.9m|
|CFO & Secretary||14yrs||US$891.75k||0.16% $526.7k|
|Corporate Vice President of Operations||no data||no data||no data|
|CTO & Corporate VP||10yrs||US$410.61k||no data|
|Corporate VP & Chief Marketing Officer||no data||no data||no data|
|Corporate Vice President of Sales||no data||no data||no data|
|Corporate Vice President of Human Resources||2.5yrs||no data||no data|
|Chief Revenue Officer||1.67yrs||no data||no data|
|Corporate Vice President of Sales||8.5yrs||no data||no data|
Experienced Management: DP3's management team is seasoned and experienced (9.3 years average tenure).
|CEO & Director||11yrs||US$1.89m||2.15% $6.9m|
|Independent Chairman of the Board||3.17yrs||US$169.34k||0.23% $730.3k|
|Independent Director||18.42yrs||US$146.34k||0.11% $341.4k|
|Independent Director||8.17yrs||US$154.34k||0.40% $1.3m|
|Independent Director||7.17yrs||US$145.84k||0.13% $418.8k|
|Independent Director||7.17yrs||US$142.34k||0.089% $286.1k|
|Independent Director||2.25yrs||US$143.34k||0.050% $161.8k|
Experienced Board: DP3's board of directors are considered experienced (7.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DP3 insiders have only sold shares 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 2.2%.
DSP Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: DSP Group, Inc.
- Ticker: DP3
- Exchange: DB
- Founded: 1987
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$362.274m
- Listing Market Cap: US$320.612m
- Shares outstanding: 23.21m
- Website: https://www.dspg.com
Number of Employees
- DSP Group, Inc.
- 2055 Gateway Place
- Suite 480
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DSPG||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1994|
|DP3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1994|
DSP Group, Inc., a fabless semiconductor company, provides wireless, audio, voice, and AI chipsets for smart-enabled devices. It operates through three segments: Home, Unified Communications, and SmartVoice. The Home segment offers wireless chipset solutions for converged communication at home, including integrated circuits for cordless phones, home gateway devices, integrated circuits addressing home automation applications, and fixed-mobile convergence solutions. The Unified Communications segment offers solution for unified communications products, including office solutions that offer businesses of all sizes VoIP terminals with converged voice and data applications. The SmartVoice segment offers products for the SmartVoice market that provide voice activation and recognition, voice enhancement, always-on and far-end noise elimination that target mobile phones, mobile hearables and headsets, and other devices that incorporate the company’s noise suppression and voice quality enhancement HDClear technology. The company markets and distributes its products through direct sales and marketing offices; and a network of global distributors to original equipment manufacturers and original design manufacturers. It has operations in the United States, Europe, Israel, Hong Kong, China, Japan, South Korea, Taiwan, India, and internationally. DSP Group, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 21:37|
|End of Day Share Price||2020/07/09 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.