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VUZI

Vuzix NasdaqCM:VUZI Stock Report

Last Price

US$6.69

Market Cap

US$425.9m

7D

1.5%

1Y

-63.5%

Updated

27 Jun, 2022

Data

Company Financials +
VUZI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

VUZI Stock Overview

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally.

Vuzix Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vuzix
Historical stock prices
Current Share PriceUS$6.69
52 Week HighUS$19.33
52 Week LowUS$3.88
Beta2.39
1 Month Change6.36%
3 Month Change-4.97%
1 Year Change-63.52%
3 Year Change90.06%
5 Year Change-0.15%
Change since IPO27.43%

Recent News & Updates

Jun 16

Vuzix: Vision Is Compelling But Timing Remains Off

Vuzix reported disappointing sales in its first quarter of fiscal 2022. Sales are expected to rebound meaningfully in the third and fourth quarters. The company has many growth catalysts. For now, though, the market remains uninterested.

Jun 02
We Think Vuzix (NASDAQ:VUZI) Can Afford To Drive Business Growth

We Think Vuzix (NASDAQ:VUZI) Can Afford To Drive Business Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Shareholder Returns

VUZIUS Consumer DurablesUS Market
7D1.5%9.2%6.6%
1Y-63.5%-30.8%-18.4%

Return vs Industry: VUZI underperformed the US Consumer Durables industry which returned -30.8% over the past year.

Return vs Market: VUZI underperformed the US Market which returned -18.4% over the past year.

Price Volatility

Is VUZI's price volatile compared to industry and market?
VUZI volatility
VUZI Average Weekly Movement14.8%
Consumer Durables Industry Average Movement8.4%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stable Share Price: VUZI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: VUZI's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1997108Paul Travershttps://www.vuzix.com

Vuzix Corporation, together with its subsidiaries, designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets in North America, the Asia-Pacific, Europe, and internationally. It provides M300XL, M400, and M4000 series of smart glasses for enterprise, industrial, commercial, and medical markets; Vuzix Blade smart glasses; waveguide optics and related coupling optics; and Vuzix Shield smart glasses, as well as custom and engineering solutions. The company sells its products through resellers, direct to commercial customers, and via online stores, as well as various Vuzix operated web stores in Europe and Japan.

Vuzix Fundamentals Summary

How do Vuzix's earnings and revenue compare to its market cap?
VUZI fundamental statistics
Market CapUS$425.94m
Earnings (TTM)-US$41.73m
Revenue (TTM)US$11.75m

36.2x

P/S Ratio

-10.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VUZI income statement (TTM)
RevenueUS$11.75m
Cost of RevenueUS$9.74m
Gross ProfitUS$2.01m
Other ExpensesUS$43.74m
Earnings-US$41.73m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.66
Gross Margin17.11%
Net Profit Margin-355.09%
Debt/Equity Ratio0%

How did VUZI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is VUZI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VUZI?

Other financial metrics that can be useful for relative valuation.

VUZI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue26.7x
Enterprise Value/EBITDA-7.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does VUZI's PS Ratio compare to its peers?

VUZI PS Ratio vs Peers
The above table shows the PS ratio for VUZI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x
VOXX VOXX International
0.3x3.5%US$222.1m
UEIC Universal Electronics
0.6x5.3%US$344.8m
SNPO Snap One Holdings
0.8x10.7%US$812.7m
GPRO GoPro
0.8x3.3%US$938.9m
VUZI Vuzix
36.2x39.1%US$425.9m

Price-To-Sales vs Peers: VUZI is expensive based on its Price-To-Sales Ratio (36.2x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

How does VUZI's PE Ratio compare vs other companies in the US Consumer Durables Industry?

Price-To-Sales vs Industry: VUZI is expensive based on its Price-To-Sales Ratio (36.2x) compared to the US Consumer Durables industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is VUZI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VUZI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio36.2x
Fair PS Ratio1.4x

Price-To-Sales vs Fair Ratio: VUZI is expensive based on its Price-To-Sales Ratio (36.2x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).


Share Price vs Fair Value

What is the Fair Price of VUZI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate VUZI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VUZI's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.3%

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 (39.1% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: VUZI's revenue (39.1% 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


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Past Performance

How has Vuzix performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-9.9%

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 9.9% 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 (39.2%).


Return on Equity

High ROE: VUZI has a negative Return on Equity (-30.47%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Vuzix's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VUZI's short term assets ($129.5M) exceed its short term liabilities ($2.9M).

Long Term Liabilities: VUZI's short term assets ($129.5M) exceed its long term liabilities ($454.1K).


Debt to Equity History and Analysis

Debt Level: VUZI is debt free.

Reducing Debt: VUZI has no debt compared to 5 years ago when its debt to equity ratio was 1.7%.


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 3 years based on its current free cash flow.

Forecast Cash Runway: VUZI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 7.4% each year


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Dividend

What is Vuzix current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VUZI has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.6yrs

Average management tenure


CEO

Paul Travers (60 yo)

25.42yrs

Tenure

US$42,966,518

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 ($USD42.97M) is above average for companies of similar size in the US market ($USD2.83M).

Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: VUZI's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: VUZI's board of directors are considered experienced (5 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Vuzix Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Vuzix Corporation
  • Ticker: VUZI
  • Exchange: NasdaqCM
  • Founded: 1997
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Implied Market Cap: US$425.939m
  • Shares outstanding: 63.67m
  • Website: https://www.vuzix.com

Number of Employees


Location

  • Vuzix Corporation
  • 25 Hendrix Road
  • Suite A
  • West Henrietta
  • New York
  • 14586
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.