NasdaqCM:VUZI

Stock Analysis Report

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Executive Summary

Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.


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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 more volatile than 75% of US stocks over the past 3 months, typically moving +/- 22% a week.

Volatility Over Time: VUZI's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-14.8%

VUZI

2.3%

US Consumer Durables

-0.4%

US Market


1 Year Return

948.4%

VUZI

48.0%

US Consumer Durables

36.3%

US Market

Return vs Industry: VUZI exceeded the US Consumer Durables industry which returned 37.1% over the past year.

Return vs Market: VUZI exceeded the US Market which returned 31.2% over the past year.


Shareholder returns

VUZIIndustryMarket
7 Day-14.8%2.3%-0.4%
30 Day36.4%3.5%-1.3%
90 Day281.0%15.4%4.9%
1 Year948.4%948.4%49.9%48.0%39.2%36.3%
3 Year84.4%84.4%50.5%44.3%48.7%39.2%
5 Year160.0%160.0%94.9%80.6%117.0%92.8%

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

Valuation

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

18.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


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 (18x) compared to the US Consumer Durables industry average (1.8x).


Next Steps

Future Growth

How is Vuzix forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

26.1%

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 (41.3% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: VUZI's revenue (41.3% 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 (34.4%).


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: VUZI has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 17.2% each year.


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?

5.6yrs

Average management tenure


CEO

Paul Travers (59 yo)

24.17yrs

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 ($USD518.02K) is below average for companies of similar size in the US market ($USD2.24M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Travers
Founder24.17yrsUS$518.02k6.6%
$ 45.2m
Grant Russell
CFO, Executive VP11.92yrsUS$445.80k2.71%
$ 18.6m
Matt Margolis
Director of Corporate Communications & Investor Relationsno datano datano data
Nathaniel Bank
Corporate Counsel2.17yrsno datano data
Charlotte Walker
Vice President of Corporate Communicationsno datano datano data
Brad Craig
Head of Developer Relations Activities5.58yrsno datano data
Steven Ward
Corporate Secretaryno datano datano data
Alex Kelly
Director of Innovation & Strategic Partnerships3.33yrsno datano data
Ed McGregor
Director of Institutional Investor Relationsno datano datano data
Shen-Fang Cheng
Senior Application Engineerno datano datano data

5.6yrs

Average Tenure

59yo

Average Age

Experienced Management: VUZI's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Travers
Founder24.17yrsUS$518.02k6.6%
$ 45.2m
Grant Russell
CFO, Executive VP11.92yrsUS$445.80k2.71%
$ 18.6m
Timothy Harned
Independent Director3.75yrsUS$109.65k0.26%
$ 1.8m
Alexander Ruckdaeschel
Independent Director8.33yrsUS$109.65k0.30%
$ 2.1m
Edward Kay
Independent Director4.92yrsUS$110.65k0.33%
$ 2.3m

6.6yrs

Average Tenure

61.5yo

Average Age

Experienced Board: VUZI's board of directors are considered experienced (6.6 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$685.207m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VUZINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJan 2010
V7XNDB (Deutsche Boerse AG)YesCommon StockDEEURJan 2010
0LRLLSE (London Stock Exchange)YesCommon StockGBUSDJan 2010

Biography

Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets. The company offers its products in the form of...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 23:56
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.