DB:PR5

Stock Analysis Report

Executive Summary

Perceptron, Inc. develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has Perceptron's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.5%

PR5

3.9%

DE Electronic

3.9%

DE Market


1 Year Return

-46.9%

PR5

-9.2%

DE Electronic

3.4%

DE Market

Return vs Industry: PR5 underperformed the German Electronic industry which returned -9.2% over the past year.

Return vs Market: PR5 underperformed the German Market which returned 3.4% over the past year.


Shareholder returns

PR5IndustryMarket
7 Day4.5%3.9%3.9%
30 Day-12.8%2.9%2.1%
90 Day28.0%1.5%3.7%
1 Year-46.9%-46.9%-8.3%-9.2%6.7%3.4%
3 Year-27.0%-27.0%45.8%42.4%18.9%8.6%
5 Year-46.3%-46.3%133.4%121.2%41.8%22.5%

Price Volatility Vs. Market

How volatile is Perceptron's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Perceptron undervalued compared to its fair value and its price relative to the market?

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate PR5's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate PR5's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PR5 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: PR5 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate PR5's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PR5 is good value based on its PB Ratio (1.1x) compared to the DE Electronic industry average (2x).


Next Steps

Future Growth

How is Perceptron forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

134.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PR5 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PR5 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PR5 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PR5's revenue (2.6% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: PR5's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if PR5's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Perceptron performed over the past 5 years?

7.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PR5 is unprofitable, but has reduced losses over the past 5 years at a rate of 7.7% per year.

Accelerating Growth: Unable to compare PR5's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PR5 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (9.9%).


Return on Equity

High ROE: PR5 has a negative Return on Equity (-16.2%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PR5 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PR5 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Perceptron's financial position?


Financial Position Analysis

Short Term Liabilities: PR5's short term assets ($51.4M) exceeds its short term liabilities ($20.2M)

Long Term Liabilities: PR5's short term assets (51.4M) exceeds its long term liabilities (711.0K)


Debt to Equity History and Analysis

Debt Level: PR5 is debt free.

Reducing Debt: PR5 had no debt 5 years ago.


Balance Sheet

Inventory Level: PR5 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if PR5's debt is covered by short term assets.


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: Insufficient data to determine if PR5 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PR5 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Perceptron's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PR5's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PR5's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PR5's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PR5's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PR5 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PR5's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Perceptron's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Dave Watza (53yo)

2.9yrs

Tenure

US$504,674

Compensation

Mr. David Lawrence Watza, also known as Dave, has been Chief Financial Officer, Chief Executive Officer and President of Perceptron, Inc. since October 5, 2015 and November 17, 2016 respectively and served ...


CEO Compensation Analysis

Compensation vs. Market: Dave's total compensation ($USD7.10K) is too low to compare against companies of similar size in the German market ($USD218.00K).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.9yrs

Average Tenure

55yo

Average Age

Experienced Management: PR5's management team is considered experienced (2.9 years average tenure).


Board Age and Tenure

3.2yrs

Average Tenure

54yo

Average Age

Experienced Board: PR5's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$2,032,82618 Jun 19
Harbert Fund Advisors Inc.
EntityCompany
Shares482,991
Max PriceUS$4.21
BuyUS$19,78217 Jun 19
Richard Van Valkenburg
EntityIndividual
Role
Head of Sales
Vice President of Global Sales & Marketing
Shares5,000
Max PriceUS$3.96
BuyUS$1,92214 Jun 19
David Watza
EntityIndividual
Role
Chief Executive Officer
President
Shares500
Max PriceUS$3.84
BuyUS$5,88007 Jun 19
David Watza
EntityIndividual
Role
Chief Executive Officer
President
Shares1,500
Max PriceUS$3.94
SellUS$903,41501 May 19
Moab Capital Partners, LLC
EntityCompany
Shares138,476
Max PriceUS$6.98
BuyUS$887,35918 Apr 19
Moab Capital Partners, LLC
EntityCompany
Shares133,443.8
Max PriceUS$6.75

Ownership Breakdown


Management Team

  • Thomas Vaughn

    Secretary

    • Tenure: 0yrs
  • Jim West (66yo)

    Founder & VP of Engineering

    • Tenure: 0yrs
  • Heribert Viehweber

    Vice President of Global Operations & Quality

    • Tenure: 3.1yrs
  • Dave Watza (53yo)

    President

    • Tenure: 2.9yrs
    • Compensation: US$504.67k
  • John M. Kearney

    MD of EMEA & VP

    • Tenure: 0yrs
  • Rick Van Valkenburg (51yo)

    Vice President of Global Sales & Marketing

    • Tenure: 2.8yrs
    • Compensation: US$324.97k
  • Carlo Cibien

    VP & MD of Coord3

    • Tenure: 0yrs
  • Laura Pecoraro (57yo)

    Acting VP of Finance & Principal Accounting Officer

    • Tenure: 0.08yrs

Board Members

  • Jim Ratigan (71yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$79.50k
  • C. Neely (65yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$87.50k
  • Jay Freeland (49yo)

    Independent Chairman of the Board

    • Tenure: 0.4yrs
    • Compensation: US$105.78k
  • William Taylor (68yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$90.00k
  • Dave Watza (53yo)

    President

    • Tenure: 2.9yrs
    • Compensation: US$504.67k
  • John Bryant (35yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$83.25k
  • Sujatha Kumar (54yo)

    Independent Director

    • Tenure: 0.08yrs

Company Information

Perceptron, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Perceptron, Inc.
  • Ticker: PR5
  • Exchange: DB
  • Founded: 1981
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$45.821m
  • Listing Market Cap: US$41.198m
  • Shares outstanding: 9.67m
  • Website: https://www.perceptron.com

Number of Employees


Location

  • Perceptron, Inc.
  • 47827 Halyard Drive
  • Plymouth
  • Michigan
  • 48170
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PRCPNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDAug 1992
PR5DB (Deutsche Boerse AG)YesCommon StockDEEURAug 1992

Biography

Perceptron, Inc. develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 22:00
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.