Innovative Solutions and Support, Inc., a systems integrator, designs, develops, manufactures, sells, and services flight guidance, auto throttle, and cockpit display systems in the United States and internationally.
Innovative Solutions and Support Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$7.15|
|52 Week High||US$5.34|
|52 Week Low||US$8.24|
|1 Month Change||2.14%|
|3 Month Change||13.13%|
|1 Year Change||0.70%|
|3 Year Change||190.65%|
|5 Year Change||123.44%|
|Change since IPO||-12.00%|
Recent News & Updates
|ISSC||US Aerospace & Defense||US Market|
Return vs Industry: ISSC underperformed the US Aerospace & Defense industry which returned 24.1% over the past year.
Return vs Market: ISSC underperformed the US Market which returned 32.8% over the past year.
Stable Share Price: ISSC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ISSC's weekly volatility (6%) has been stable over the past year.
About the Company
|1988||86||Geoffrey S. Hedrick||https://innovative-ss.com|
Innovative Solutions and Support, Inc., a systems integrator, designs, develops, manufactures, sells, and services flight guidance, auto throttle, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicates the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight management systems that complement the flat panel display system upgrade for commercial air transport aircraft. The company also provides integrated standby units, which incorporate the measurement and display of attitude, altitude, airspeed, and navigation data into a single standby/backup navigation instrument for military, commercial air transport, and corporate/general aviation applications.
Innovative Solutions and Support Fundamentals Summary
|ISSC fundamental statistics|
Is ISSC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ISSC income statement (TTM)|
|Cost of Revenue||US$10.13m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.28|
|Net Profit Margin||21.27%|
How did ISSC perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is Innovative Solutions and Support undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISSC ($7.15) is trading below our estimate of fair value ($25.76)
Significantly Below Fair Value: ISSC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISSC is poor value based on its PE Ratio (25.8x) compared to the US Aerospace & Defense industry average (19.8x).
PE vs Market: ISSC is poor value based on its PE Ratio (25.8x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ISSC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ISSC is overvalued based on its PB Ratio (5.4x) compared to the US Aerospace & Defense industry average (3.1x).
How is Innovative Solutions and Support forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Innovative Solutions and Support 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.
How has Innovative Solutions and Support performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISSC has high quality earnings.
Growing Profit Margin: ISSC's current net profit margins (21.3%) are higher than last year (15%).
Past Earnings Growth Analysis
Earnings Trend: ISSC has become profitable over the past 5 years, growing earnings by 10.7% per year.
Accelerating Growth: ISSC's earnings growth over the past year (58.1%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: ISSC earnings growth over the past year (58.1%) exceeded the Aerospace & Defense industry 1.8%.
Return on Equity
High ROE: ISSC's Return on Equity (20.8%) is considered high.
How is Innovative Solutions and Support's financial position?
Financial Position Analysis
Short Term Liabilities: ISSC's short term assets ($17.3M) exceed its short term liabilities ($4.0M).
Long Term Liabilities: ISSC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ISSC is debt free.
Reducing Debt: ISSC has not had any debt for past 5 years.
Debt Coverage: ISSC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ISSC has no debt, therefore coverage of interest payments is not a concern.
What is Innovative Solutions and Support current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ISSC's dividend (6.99%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: ISSC's dividend (6.99%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether ISSC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ISSC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Geoffrey S. Hedrick (78 yo)
Mr. Geoffrey S. M. Hedrick founded Innovative Solutions & Support Inc. in February 1988 and has been its Chief Executive Officer since September 8, 2008. Mr. Hedrick served as Chief Executive Officer at In...
CEO Compensation Analysis
Compensation vs Market: Geoffrey S.'s total compensation ($USD408.10K) is about average for companies of similar size in the US market ($USD546.08K).
Compensation vs Earnings: Geoffrey S.'s compensation has been consistent with company performance over the past year.
Experienced Management: ISSC's management team is seasoned and experienced (9.4 years average tenure).
Experienced Board: ISSC's board of directors are seasoned and experienced ( 28.2 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Innovative Solutions and Support, Inc.'s employee growth, exchange listings and data sources
- Name: Innovative Solutions and Support, Inc.
- Ticker: ISSC
- Exchange: NasdaqGS
- Founded: 1988
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$123.312m
- Shares outstanding: 17.25m
- Website: https://innovative-ss.com
Number of Employees
- Innovative Solutions and Support, Inc.
- 720 Pennsylvania Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:54|
|End of Day Share Price||2021/09/27 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.