IN9 Stock Overview
inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$6.45|
|52 Week High||US$14.80|
|52 Week Low||US$6.30|
|1 Month Change||-24.12%|
|3 Month Change||-31.02%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-30.65%|
Recent News & Updates
|IN9||DE Semiconductor||DE Market|
Return vs Industry: Insufficient data to determine how IN9 performed against the German Semiconductor industry.
Return vs Market: Insufficient data to determine how IN9 performed against the German Market.
|IN9 Average Weekly Movement||8.9%|
|Semiconductor Industry Average Movement||7.1%|
|Market Average Movement||6.4%|
|10% most volatile stocks in DE Market||10.7%|
|10% least volatile stocks in DE Market||3.5%|
Stable Share Price: IN9 is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: IN9's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream products that are used in the semi market as a stand-alone temperature management tool, or in various electronic test applications; Thermal Chambers; Thermal Platforms; Thermonics temperature conditioning products that provide tempered gas or fluid; ultra-cold storage solutions, including biomedical freezers, refrigerators, and mobile storage solutions; EKOHEAT and EASYHEAT induction heating systems; and digital streaming and image capturing solutions.
inTEST Fundamentals Summary
|IN9 fundamental statistics|
Is IN9 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IN9 income statement (TTM)|
|Cost of Revenue||US$46.69m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.53|
|Net Profit Margin||6.32%|
How did IN9 perform over the long term?See historical performance and comparison
Is inTEST undervalued compared to its fair value and its price relative to the market?
Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IN9 (€6.45) is trading below our estimate of fair value (€59.01)
Significantly Below Fair Value: IN9 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IN9 is good value based on its PE Ratio (13.5x) compared to the German Semiconductor industry average (18.2x).
PE vs Market: IN9 is good value based on its PE Ratio (13.5x) compared to the German market (17.3x).
Price to Earnings Growth Ratio
PEG Ratio: IN9 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: IN9 is good value based on its PB Ratio (1.4x) compared to the DE Semiconductor industry average (2.9x).
How is inTEST forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IN9's forecast earnings growth (40.4% per year) is above the savings rate (-0.05%).
Earnings vs Market: IN9's earnings (40.4% per year) are forecast to grow faster than the German market (7.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: IN9's revenue (19.4% per year) is forecast to grow faster than the German market (4.9% per year).
High Growth Revenue: IN9's revenue (19.4% 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 IN9's Return on Equity is forecast to be high in 3 years time
How has inTEST performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IN9 has a large one-off loss of $2.2M impacting its March 31 2022 financial results.
Growing Profit Margin: IN9's current net profit margins (6.3%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: IN9's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: IN9's earnings growth over the past year (129.6%) exceeds its 5-year average (9% per year).
Earnings vs Industry: IN9 earnings growth over the past year (129.6%) exceeded the Semiconductor industry 79.5%.
Return on Equity
High ROE: IN9's Return on Equity (10.1%) is considered low.
How is inTEST's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: IN9's short term assets ($51.3M) exceed its short term liabilities ($24.1M).
Long Term Liabilities: IN9's short term assets ($51.3M) exceed its long term liabilities ($22.8M).
Debt to Equity History and Analysis
Debt Level: IN9's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IN9's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IN9's debt is well covered by operating cash flow (43.6%).
Interest Coverage: Insufficient data to determine if IN9's interest payments on its debt are well covered by EBIT.
What is inTEST current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IN9's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IN9's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IN9's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IN9's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IN9 has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick Grant (51 yo)
Mr. Richard N. Grant, Jr., also known as Nick, has been President, Chief Executive Officer and Director of inTEST Corporation since August 24, 2020. Mr. Grant served as Senior Vice President Americas Regio...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.48M) is above average for companies of similar size in the German market ($USD391.04K).
Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.
Experienced Management: IN9's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: IN9's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IN9 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 2.4%.
inTEST Corporation's employee growth, exchange listings and data sources
- Name: inTEST Corporation
- Ticker: IN9
- Exchange: DB
- Founded: 1981
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Implied Market Cap: US$76.052m
- Listing Market Cap: US$73.063m
- Shares outstanding: 10.67m
- Website: https://www.intest.com
Number of Employees
- inTEST Corporation
- 804 East Gate Drive
- Suite 200
- Mount Laurel
- New Jersey
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.