Market Cap
US$72.9m
Last Updated
2019/11/15 00:23 UTC
Data Sources
Company Financials +
Executive Summary
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display devices in North America, the Asia-Pacific, Europe, and internationally.
Snowflake
Fundamentals
Adequate balance sheet and slightly overvalued.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
VUZI
2.0%
US Consumer Durables
0.2%
US Market
1 Year Return
-63.5%
VUZI
38.6%
US Consumer Durables
12.2%
US Market
Return vs Industry: VUZI underperformed the US Consumer Durables industry which returned 38.6% over the past year.
Return vs Market: VUZI underperformed the US Market which returned 12.2% over the past year.
Shareholder returns
| VUZI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 2.0% | 0.2% |
| 30 Day | -3.1% | 3.6% | 3.5% |
| 90 Day | 10.6% | 16.9% | 6.3% |
| 1 Year | -63.5%-63.5% | 40.7%38.6% | 14.7%12.2% |
| 3 Year | -69.2%-69.2% | 31.7%25.7% | 47.8%38.3% |
| 5 Year | -35.3%-35.3% | 33.5%24.9% | 62.1%44.1% |
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
2 weeks ago | Simply Wall St
How Does Investing In Vuzix Corporation (NASDAQ:VUZI) Impact The Volatility Of Your Portfolio?1 month ago | Simply Wall St
Can Vuzix (NASDAQ:VUZI) Afford To Invest In Growth?1 month ago | Simply Wall St
Is Vuzix Corporation's (NASDAQ:VUZI) CEO Pay Justified?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 ($2.2) is trading below our estimate of fair value ($14.86)
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 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 (2.2x) compared to the US Consumer Durables industry average (1.4x).
Next Steps
Future Growth
How is Vuzix forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
56.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VUZI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VUZI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VUZI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VUZI's revenue (65.2% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: VUZI's revenue (65.2% 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?
-15.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VUZI has high quality earnings.
Growing Profit Margin: VUZI's current net profit margins (-363.7%) are lower than last year (-311%).
Past Earnings Growth Analysis
Earnings Trend: VUZI is unprofitable, and losses have increased over the past 5 years at a rate of -15.8% 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 (1.2%).
Return on Equity
High ROE: VUZI has a negative Return on Equity (-66.85%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Vuzix's financial position?
Financial Position Analysis
Short Term Liabilities: VUZI's short term assets ($28.0M) exceeds its short term liabilities ($2.7M)
Long Term Liabilities: VUZI's short term assets (28.0M) exceeds its long term liabilities (32.5K)
Debt to Equity History and Analysis
Debt Level: VUZI is debt free.
Reducing Debt: VUZI currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Inventory Level: VUZI has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VUZI'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: VUZI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VUZI has less than a year of cash runway if free cash flow continues to reduce at historical rates of -19.3% each year
Next Steps
Dividend
What is Vuzix's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate VUZI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VUZI'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 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
What is the CEO of Vuzix's salary, the management and board of directors tenure and is there insider trading?
3.1yrs
Average management tenure
CEO
Paul Travers (58yo)
22.8yrs
Tenure
US$731,250
Compensation
Mr. Paul J. Travers and has been President and Chief Executive Officer of Vuzix Corporation since 1997. Mr. Travers is responsible for setting the direction of Vuzix. He was the Founder of Vuzix Corporatio ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD731.25K) is above average for companies of similar size in the US market ($USD510.82K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
3.1yrs
Average Tenure
58yo
Average Age
Experienced Management: VUZI's management team is considered experienced (3.1 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: VUZI's board of directors are considered experienced (5.3 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
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$2.25 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 3,400 |
| Max Price | US$2.77 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$2.02 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 5,000 |
| Max Price | US$1.94 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,000 |
| Max Price | US$1.91 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO, Executive VP |
| Shares | 12,000 |
| Max Price | US$1.94 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 6,000 |
| Max Price | US$1.99 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 5,000 |
| Max Price | US$1.95 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$4.79 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$4.53 |
| Entity | Individual |
| Role | Chief Executive Officer Founder |
| Shares | 3,700 |
| Max Price | US$5.26 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.7%.
Management Team
Paul Travers (58yo)
Founder
- Tenure: 22.8yrs
- Compensation: US$731.25k
Charlotte Walker
Vice President of Corporate Communications
- Tenure: 0yrs
Grant Russell (66yo)
CFO, Executive VP
- Tenure: 10.6yrs
- Compensation: US$665.34k
Steven Ward (58yo)
Corporate Secretary
- Tenure: 0yrs
Brad Craig
Head of Developer Relations Activities
- Tenure: 4.3yrs
Matt Margolis
Director of Corporate Communications & Investor Relations
- Tenure: 0yrs
Alex Kelly
Director of Innovation & Strategic Partnerships
- Tenure: 2yrs
Zach Stone
Vice President of Operations
- Tenure: 1.4yrs
Ed McGregor
Director of Institutional Investor Relations
- Tenure: 0yrs
Nate Bank
Corporate Counsel
- Tenure: 0.8yrs
Board Members
Tim Harned
Independent Director
- Tenure: 2.4yrs
- Compensation: US$207.70k
Paul Travers (58yo)
Founder
- Tenure: 22.8yrs
- Compensation: US$731.25k
Grant Russell (66yo)
CFO, Executive VP
- Tenure: 10.6yrs
- Compensation: US$665.34k
Alex Ruckdaeschel (47yo)
Independent Director
- Tenure: 7yrs
- Compensation: US$187.70k
Ed Kay (63yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$188.70k
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$72.883m
- Shares outstanding: 33.13m
- 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 |
Biography
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display devices in North America, the Asia-Pacific, Europe, and internationally. The company offers its products  ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/15 00:23 |
| End of Day Share Price | 2019/11/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.