VZIO

VIZIO HoldingNYSE:VZIO Stock Report

Market Cap

US$3.6b

7D

1.7%

1Y

n/a

Updated

22 Sep, 2021

Data

Company Financials +
VZIO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

VZIO Overview

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States.

VIZIO Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VIZIO Holding
Historical stock prices
Current Share PriceUS$19.47
52 Week HighUS$17.25
52 Week LowUS$28.80
Beta0
1 Month Change-2.36%
3 Month Change-15.57%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO1.94%

Recent News & Updates

Aug 17
An Intrinsic Calculation For VIZIO Holding Corp. (NYSE:VZIO) Suggests It's 39% Undervalued

An Intrinsic Calculation For VIZIO Holding Corp. (NYSE:VZIO) Suggests It's 39% Undervalued

In this article we are going to estimate the intrinsic value of VIZIO Holding Corp. ( NYSE:VZIO ) by taking the...

Aug 12

VIZIO: Assessing The Expectations Already Priced In

Vizio is a company selling TVs and sound bars with high growth potential through the monetization of its Platform+ offering. The company does not seem to have any competitive advantage which is why investors should not consider this additional growth when valuing the company. My analysis suggests that at the current price level much of the future growth aspect is already priced in.

Shareholder Returns

VZIOUS Consumer DurablesUS Market
7D1.7%-1.3%-1.8%
1Yn/a32.1%31.5%

Return vs Industry: Insufficient data to determine how VZIO performed against the US Consumer Durables industry.

Return vs Market: Insufficient data to determine how VZIO performed against the US Market.

Price Volatility

Is VZIO's price volatile compared to industry and market?
VZIO volatility
VZIO Beta0
Industry Beta1.45
Market Beta1

Stable Share Price: VZIO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VZIO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002527William Wanghttps://www.vizio.com

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated home entertainment solution, and data intelligence and services products through Inscape. Its SmartCast delivers content and applications through an easy-to-use interface, as well as supports streaming apps and hosts its free ad-supported video app, WatchFree, and VIZIO Free Channels.

VIZIO Holding Fundamentals Summary

How do VIZIO Holding's earnings and revenue compare to its market cap?
VZIO fundamental statistics
Market CapUS$3.60b
Earnings (TTM)US$48.47m
Revenue (TTM)US$2.22b

74.2x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VZIO income statement (TTM)
RevenueUS$2.22b
Cost of RevenueUS$1.87b
Gross ProfitUS$356.86m
ExpensesUS$308.39m
EarningsUS$48.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin16.05%
Net Profit Margin2.18%
Debt/Equity Ratio0%

How did VZIO perform over the long term?

See historical performance and comparison

Valuation

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

74.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VZIO ($19.47) is trading above our estimate of fair value ($15.84)

Significantly Below Fair Value: VZIO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VZIO is poor value based on its PE Ratio (74.2x) compared to the US Consumer Durables industry average (10.8x).

PE vs Market: VZIO is poor value based on its PE Ratio (74.2x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: VZIO is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: VZIO is overvalued based on its PB Ratio (11.9x) compared to the US Consumer Durables industry average (2x).


Future Growth

How is VIZIO Holding forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

61.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VZIO's forecast earnings growth (61.2% per year) is above the savings rate (2%).

Earnings vs Market: VZIO's earnings (61.2% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VZIO's revenue (8.7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: VZIO's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VZIO's Return on Equity is forecast to be high in 3 years time (29%)


Past Performance

How has VIZIO Holding performed over the past 5 years?

-1.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: VZIO has high quality earnings.

Growing Profit Margin: VZIO's current net profit margins (2.2%) are lower than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if VZIO's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: VZIO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VZIO had negative earnings growth (-1%) over the past year, making it difficult to compare to the Consumer Durables industry average (71.4%).


Return on Equity

High ROE: VZIO's Return on Equity (21.5%) is considered high.


Financial Health

How is VIZIO Holding's financial position?


Financial Position Analysis

Short Term Liabilities: VZIO's short term assets ($670.8M) exceed its short term liabilities ($453.2M).

Long Term Liabilities: VZIO's short term assets ($670.8M) exceed its long term liabilities ($7.5M).


Debt to Equity History and Analysis

Debt Level: VZIO is debt free.

Reducing Debt: VZIO has no debt compared to 5 years ago when its debt to equity ratio was 85.1%.

Debt Coverage: VZIO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VZIO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is VIZIO Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VZIO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VZIO'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 VZIO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VZIO'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 VZIO'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?

0.8yrs

Average management tenure


CEO

William Wang (58 yo)

0.75

Tenure

US$2,161,377

Compensation

Mr. William W. Wang Co-founded VIZIO Holding Corp. and has been its Chairman and Chief Executive Officer since December 2020. Mr. Wang is the Chairman of California VIZIO’s board of directors and Chief Exe...


CEO Compensation Analysis

Compensation vs Market: William's total compensation ($USD2.16M) is below average for companies of similar size in the US market ($USD5.25M).

Compensation vs Earnings: William's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: VZIO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: VZIO's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VZIO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: VZIO only recently listed within the past 12 months.


Top Shareholders

Company Information

VIZIO Holding Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: VIZIO Holding Corp.
  • Ticker: VZIO
  • Exchange: NYSE
  • Founded: 2002
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: US$3.598b
  • Shares outstanding: 184.79m
  • Website: https://www.vizio.com

Number of Employees


Location

  • VIZIO Holding Corp.
  • 39 Tesla
  • Irvine
  • California
  • 92618
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 00:19
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.