MEMSCAP, S.A. provides products and solutions based on micro-electro-mechanical systems (MEMS) for aerospace/defense, optical communications, medical and biomedical, and IT/consumer markets worldwide.
+ 1 more risk
Flawless balance sheet and overvalued.
Share Price & News
How has MEMSCAP's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MEMS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MEMS underperformed the French Semiconductor industry which returned 38.4% over the past year.
Return vs Market: MEMS underperformed the French Market which returned -12.9% over the past year.
Price Volatility Vs. Market
How volatile is MEMSCAP's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StCan MEMSCAP, S.A. (EPA:MEMS) Improve Its Returns?
5 months ago | Simply Wall StDid MEMSCAP's (EPA:MEMS) Share Price Deserve to Gain 15%?
6 months ago | Simply Wall StOur Take On MEMSCAP, S.A.'s (EPA:MEMS) CEO Salary
Is MEMSCAP undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MEMS (€1.12) is trading above our estimate of fair value (€0.7)
Significantly Below Fair Value: MEMS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MEMS is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.
PE vs Market: MEMS is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MEMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEMS is good value based on its PB Ratio (0.5x) compared to the FR Semiconductor industry average (1.9x).
How is MEMSCAP forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MEMSCAP has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine MEMSCAP's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- MEMSCAP competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
How has MEMSCAP performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEMS is currently unprofitable.
Growing Profit Margin: MEMS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MEMS is unprofitable, and losses have increased over the past 5 years at a rate of -26.5% per year.
Accelerating Growth: Unable to compare MEMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MEMS is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-24.1%).
Return on Equity
High ROE: MEMS has a negative Return on Equity (0%), as it is currently unprofitable.
How is MEMSCAP's financial position?
Financial Position Analysis
Short Term Liabilities: MEMS's short term assets (€9.2M) exceed its short term liabilities (€4.0M).
Long Term Liabilities: MEMS's short term assets (€9.2M) exceed its long term liabilities (€6.2M).
Debt to Equity History and Analysis
Debt Level: MEMS's debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: MEMS's debt to equity ratio has reduced from 13.4% to 3.6% over the past 5 years.
Inventory Level: MEMS has a high level of physical assets or inventory.
Debt Coverage by Assets: MEMS's debt is covered by short term assets (assets are 15x debt).
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: Whilst unprofitable MEMS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MEMS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.
What is MEMSCAP's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MEMS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MEMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEMS'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 MEMS's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jean Karam (49yo)
Dr. Jean-Michel Karam serves as the Chairman of MEMSCAP S.A. and has been its Chief Executive Officer since 1998. Dr. Karam serves as the Chief Executive Officer at IntuiSkin SAS, a subsidiary of MEMSCAP S ...
CEO Compensation Analysis
Compensation vs Market: Jean's total compensation ($USD330.65K) is about average for companies of similar size in the French market ($USD318.16K).
Compensation vs Earnings: Jean's compensation has been consistent with company performance over the past year.
|Chairman of the Board & CEO||22.17yrs||€300.00k||no data|
|Non-Voting Board Member (censor)||0.42yr||no data||no data|
|Independent Director||15.17yrs||€590.00||no data|
|Independent Director||no data||no data||no data|
|Independent Director||0.83yr||no data||no data|
|Director||0.42yr||no data||no data|
Experienced Board: MEMS's board of directors are not considered experienced ( 0.6 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.8%.
MEMSCAP, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: MEMSCAP, S.A.
- Ticker: MEMS
- Exchange: ENXTPA
- Founded: 1997
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: €8.352m
- Shares outstanding: 7.46m
- Website: https://www.memscap.com
Number of Employees
- MEMSCAP, S.A.
- Parc Activillage des Fontaines
- ZI Bernin
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMAP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 2003|
|MEMS||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Sep 2003|
|MSBA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2003|
|0NYT||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Sep 2003|
|MEMSP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Sep 2003|
MEMSCAP, S.A. provides products and solutions based on micro-electro-mechanical systems (MEMS) for aerospace/defense, optical communications, medical and biomedical, and IT/consumer markets worldwide. The company offers pressure sensors, pressure transducers, and pressure switches for various applications, such as air data computers, cabin pressure, engine control, altimeters, barometers, cockpit instruments, and air data test sets. It also provides gold coated and titanium based pressure transducers, plastic domes, line-sets, and related accessories; and magnetic switches/relays, as well as supplies implantable pressure sensors for spinal pressure monitoring, abdominal aortic aneurism, etc. In addition, the company supplies optical MEMS chips for variable optical attenuators in optical telecommunication markets; and provides the multi-user MEMS processes (MUMPs) comprising PolyMUMPs, SOIMUMPs, and PiezoMUMPs, as well as MUMPs-PLUS and post processing services. Further, it offers custom products, including wafers, MEMS dies, and wafer level packaged devices; and manufacturing services, as well as prototyping services. The company sells its products and services to Fortune 500 companies, high-technology industries, research institutes, and universities. MEMSCAP, S.A. was founded in 1997 and is headquartered in Crolles, France.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 21:28|
|End of Day Share Price||2020/03/27 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.