Market Cap
US$179.8m
Last Updated
2020/12/04 23:57 UTC
Data Sources
Company Financials +
Executive Summary
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices in North America, the Asia-Pacific, Europe, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with high growth potential.
Similar Companies
Share Price & News
How has Vuzix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VUZI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: VUZI's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
1.7%
VUZI
-2.9%
US Consumer Durables
1.5%
US Market
1 Year Return
76.2%
VUZI
19.1%
US Consumer Durables
22.3%
US Market
Return vs Industry: VUZI exceeded the US Consumer Durables industry which returned 19.4% over the past year.
Return vs Market: VUZI exceeded the US Market which returned 22.1% over the past year.
Shareholder returns
| VUZI | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.7% | -2.9% | 1.5% |
| 30 Day | 6.3% | -0.8% | 8.8% |
| 90 Day | -4.1% | 10.0% | 10.8% |
| 1 Year | 76.2%76.2% | 20.6%19.1% | 25.1%22.3% |
| 3 Year | -37.6%-37.6% | 14.7%10.4% | 49.5%39.6% |
| 5 Year | -30.4%-30.4% | 54.4%44.4% | 105.8%83.3% |
Long-Term Price Volatility Vs. Market
How volatile is Vuzix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
US$6.83 - That's What Analysts Think Vuzix Corporation (NASDAQ:VUZI) Is Worth After These Results1 month ago | Simply Wall St
How Should Investors Feel About Vuzix's (NASDAQ:VUZI) CEO Remuneration?1 month ago | Simply Wall St
When Will Vuzix Corporation (NASDAQ:VUZI) Breakeven?Valuation
Is Vuzix undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VUZI ($4.21) is trading below our estimate of fair value ($22.56)
Significantly Below Fair Value: VUZI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VUZI is unprofitable, so we can't compare its PE Ratio to the US Consumer Durables industry average.
PE vs Market: VUZI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VUZI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VUZI is overvalued based on its PB Ratio (4.9x) compared to the US Consumer Durables industry average (1.6x).
Next Steps
Future Growth
How is Vuzix forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
49.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VUZI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: VUZI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VUZI's is expected to become profitable in the next 3 years.
Revenue vs Market: VUZI's revenue (58.6% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: VUZI's revenue (58.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VUZI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Vuzix performed over the past 5 years?
-11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VUZI is currently unprofitable.
Growing Profit Margin: VUZI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VUZI is unprofitable, and losses have increased over the past 5 years at a rate of 11.2% per year.
Accelerating Growth: Unable to compare VUZI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VUZI is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (26%).
Return on Equity
High ROE: VUZI has a negative Return on Equity (-64.7%), as it is currently unprofitable.
Next Steps
Financial Health
How is Vuzix's financial position?
Financial Position Analysis
Short Term Liabilities: VUZI's short term assets ($34.2M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: VUZI's short term assets ($34.2M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: VUZI's debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: VUZI's debt to equity ratio has reduced from 5.9% to 4.2% over the past 5 years.
Balance Sheet
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: VUZI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VUZI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Vuzix current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VUZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VUZI'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 VUZI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VUZI'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 VUZI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Paul Travers (59 yo)
23.92yrs
Tenure
US$518,023
Compensation
Mr. Paul J. Travers and has been President and Chief Executive Officer of Vuzix Corporation since 1997. Mr. Travers is responsible for setting the direction of Vuzix. He was the Founder of Vuzix Corporatio...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD518.02K) is below average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 23.92yrs | US$518.02k | 6.6% $ 11.9m | |
| CFO, Executive VP | 11.67yrs | US$445.80k | 2.71% $ 4.9m | |
| Director of Corporate Communications & Investor Relations | no data | no data | no data | |
| Corporate Counsel | 1.92yrs | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Head of Developer Relations Activities | 5.33yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Director of Innovation & Strategic Partnerships | 3.08yrs | no data | no data | |
| Director of Institutional Investor Relations | no data | no data | no data | |
| Senior Application Engineer | no data | no data | no data |
5.3yrs
Average Tenure
59yo
Average Age
Experienced Management: VUZI's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 23.92yrs | US$518.02k | 6.6% $ 11.9m | |
| CFO, Executive VP | 11.67yrs | US$445.80k | 2.71% $ 4.9m | |
| Independent Director | 3.5yrs | US$109.65k | 0.26% $ 463.7k | |
| Independent Director | 8.08yrs | US$109.65k | 0.30% $ 547.9k | |
| Independent Director | 4.67yrs | US$110.65k | 0.33% $ 591.4k |
6.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: VUZI's board of directors are considered experienced (6.4 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.9%.
Top Shareholders
Company Information
Vuzix Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vuzix Corporation
- Ticker: VUZI
- Exchange: NasdaqCM
- Founded: 1997
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: US$179.846m
- Shares outstanding: 42.72m
- Website: https://www.vuzix.com
Number of Employees
Location
- Vuzix Corporation
- 25 Hendrix Road
- Suite A
- West Henrietta
- New York
- 14586
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VUZI | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Jan 2010 |
| V7XN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 2010 |
| 0LRL | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 2010 |
Biography
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices in North America, the Asia-Pacific, Europe, and internationally. The company offers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/04 23:57 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.