ENXTPA:ALIMR

Stock Analysis Report

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Executive Summary

Immersion SA develops and integrates display systems and interaction devices.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ALIMR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.2%

ALIMR

3.5%

FR Software

4.6%

FR Market


1 Year Return

164.0%

ALIMR

12.0%

FR Software

-7.7%

FR Market

Return vs Industry: ALIMR exceeded the French Software industry which returned 13.7% over the past year.

Return vs Market: ALIMR exceeded the French Market which returned -8.1% over the past year.


Shareholder returns

ALIMRIndustryMarket
7 Day-2.2%3.5%4.6%
30 Day5.6%12.4%4.4%
90 Day300.0%4.5%-10.3%
1 Year164.0%164.0%12.6%12.0%-6.1%-7.7%
3 Year-79.8%-79.8%68.5%65.2%2.4%-5.9%
5 Yearn/a120.7%113.3%22.3%6.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

30.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ALIMR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ALIMR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ALIMR is good value based on its PE Ratio (30.4x) compared to the Software industry average (30.4x).

PE vs Market: ALIMR is poor value based on its PE Ratio (30.4x) compared to the French market (14.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ALIMR is good value based on its PB Ratio (1.5x) compared to the FR Software industry average (1.9x).


Next Steps

Future Growth

How is Immersion forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.1%

Forecasted Software 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 Immersion 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.


Next Steps

Past Performance

How has Immersion performed over the past 5 years?

45.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALIMR has a large one-off loss of €244.4K impacting its December 31 2019 financial results.

Growing Profit Margin: ALIMR's current net profit margins (1.5%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: ALIMR has become profitable over the past 5 years, growing earnings by 45.3% per year.

Accelerating Growth: ALIMR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ALIMR had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Software industry average (-3.8%).


Return on Equity

High ROE: ALIMR's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Immersion's financial position?


Financial Position Analysis

Short Term Liabilities: ALIMR's short term assets (€5.1M) exceed its short term liabilities (€3.7M).

Long Term Liabilities: ALIMR's short term assets (€5.1M) exceed its long term liabilities (€665.3K).


Debt to Equity History and Analysis

Debt Level: ALIMR's debt to equity ratio (53.5%) is considered high.

Reducing Debt: ALIMR's debt to equity ratio has increased from 52.9% to 53.5% over the past 5 years.

Debt Coverage: Insufficient data to determine if ALIMR's debt is well covered by operating cash flow.

Interest Coverage: ALIMR's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ALIMR'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 ALIMR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALIMR'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 ALIMR's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Christophe Chartier

no data

Tenure

Mr. Christophe Chartier Co-Founded Immersion SAS in 1994 and serves as its Chairman, Chief Executive Officer and President.. 


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.


Top Shareholders

Company Information

Immersion SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Immersion SA
  • Ticker: ALIMR
  • Exchange: ENXTPA
  • Founded: 1994
  • Industry: Application Software
  • Sector: Software
  • Market Cap: €3.348m
  • Shares outstanding: 1.27m
  • Website: https://www.immersion.fr

Number of Employees


Location

  • Immersion SA
  • 3 rue Raymond Lavigne
  • Bordeaux
  • Aquitaine
  • 33100
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALIMRENXTPA (Euronext Paris)YesCommon StockFREURJan 2016

Biography

Immersion SA develops and integrates display systems and interaction devices. The company offers immersive stereoscopic image walls, multi-screen immersive 3D environments, remote collaborative working platforms, projection onto domes, and others for designing digital templates and virtual prototypes, reviewing projects, and simulating for the purposes of evaluating issues. It also provides 3i solutions, including VR uniiit and VR in a case solutions for virtual reality that are integrated in a compact flightcase; Meetiiim, an interactive and collaborative working platform for professional meetings; and Diiice, an immersive virtual reality space, as well as packaged solution, including professional equipment, intuitive software, and services. In addition, the company offers datagloves, HMDs, haptic force feedback arms, positional trackers, AR/VR software products, projectors, eye-tracking systems, workstations, and graphic cards, as well as consulting services; and operates Corner Shop. Its products are used in the aerospace, automotive, shipbuilding, transportation, defense, architecture, construction, energy, industrial equipment, health, education, and research industries. The company was founded in 1994 and is headquartered in Bordeaux, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 01:35
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
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.