Market Cap
US$685.2m
Last Updated
2021/03/05 23:56 UTC
Data Sources
Company Financials +
Executive Summary
Vuzix Corporation designs, manufactures, markets, and sells augmented reality (AR) wearable display and computing devices for consumer and enterprise markets. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with limited growth.
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 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
| VUZI | Industry | Market | |
|---|---|---|---|
| 7 Day | -14.8% | 2.3% | -0.4% |
| 30 Day | 36.4% | 3.5% | -1.3% |
| 90 Day | 281.0% | 15.4% | 4.9% |
| 1 Year | 948.4%948.4% | 49.9%48.0% | 39.2%36.3% |
| 3 Year | 84.4%84.4% | 50.5%44.3% | 48.7%39.2% |
| 5 Year | 160.0%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
2 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Vuzix Corporation (NASDAQ:VUZI)?1 month ago | Simply Wall St
Shareholders Are Raving About How The Vuzix (NASDAQ:VUZI) Share Price Increased 392%2 months ago | Simply Wall St
Does Vuzix (NASDAQ:VUZI) Have A Healthy Balance Sheet?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.17yrs | US$518.02k | 6.6% $ 45.2m | |
| CFO, Executive VP | 11.92yrs | US$445.80k | 2.71% $ 18.6m | |
| Director of Corporate Communications & Investor Relations | no data | no data | no data | |
| Corporate Counsel | 2.17yrs | no data | no data | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Head of Developer Relations Activities | 5.58yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Director of Innovation & Strategic Partnerships | 3.33yrs | no data | no data | |
| Director of Institutional Investor Relations | no data | no data | no data | |
| Senior Application Engineer | no data | no data | no data |
5.6yrs
Average Tenure
59yo
Average Age
Experienced Management: VUZI's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.17yrs | US$518.02k | 6.6% $ 45.2m | |
| CFO, Executive VP | 11.92yrs | US$445.80k | 2.71% $ 18.6m | |
| Independent Director | 3.75yrs | US$109.65k | 0.26% $ 1.8m | |
| Independent Director | 8.33yrs | US$109.65k | 0.30% $ 2.1m | |
| Independent Director | 4.92yrs | US$110.65k | 0.33% $ 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
| 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 for consumer and enterprise markets. The company offers its products in the form of...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 23:56 |
| End of Day Share Price | 2021/03/05 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.