ION Geophysical
Market Cap
US$30.8m
Last Updated
2021/04/18 23:11 UTC
Data Sources
Company Financials +
Executive Summary
ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. More Details
Rewards
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Slightly overvalued with concerning outlook.
Similar Companies
Share Price & News
How has ION Geophysical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IO is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: IO's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-15.6%
IO
-1.0%
US Energy Services
1.3%
US Market
1 Year Return
46.9%
IO
81.2%
US Energy Services
53.8%
US Market
Return vs Industry: IO underperformed the US Energy Services industry which returned 81.2% over the past year.
Return vs Market: IO underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| IO | Industry | Market | |
|---|---|---|---|
| 7 Day | -15.6% | -1.0% | 1.3% |
| 30 Day | -20.3% | -6.8% | 5.1% |
| 90 Day | -32.5% | -2.1% | 8.9% |
| 1 Year | 46.9%46.9% | 88.7%81.2% | 56.6%53.8% |
| 3 Year | -92.8%-92.8% | -54.9%-59.1% | 64.4%53.6% |
| 5 Year | -76.6%-76.6% | -53.4%-61.5% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is ION Geophysical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Have Insiders Been Buying ION Geophysical Corporation (NYSE:IO) Shares?6 months ago | Simply Wall St
How Many ION Geophysical Corporation (NYSE:IO) Shares Did Insiders Buy, In The Last Year?10 months ago | Simply Wall St
Have Insiders Been Buying ION Geophysical Corporation (NYSE:IO) Shares?Valuation
Is ION Geophysical 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: IO ($2.16) is trading below our estimate of fair value ($10.96)
Significantly Below Fair Value: IO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IO is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: IO 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 IO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IO has negative assets, so we can't compare its PB Ratio to the US Energy Services industry average.
Future Growth
How is ION Geophysical forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
21.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: IO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: IO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: IO's revenue (15.5% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: IO's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if IO's Return on Equity is forecast to be high in 3 years time
Past Performance
How has ION Geophysical performed over the past 5 years?
1.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IO is currently unprofitable.
Growing Profit Margin: IO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IO is unprofitable, but has reduced losses over the past 5 years at a rate of 1.3% per year.
Accelerating Growth: Unable to compare IO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IO is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (22.4%).
Return on Equity
High ROE: IO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is ION Geophysical's financial position?
Financial Position Analysis
Short Term Liabilities: IO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: IO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is ION Geophysical current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IO'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 IO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IO'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 IO'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?
1.5yrs
Average management tenure
CEO
Chris Usher (59 yo)
1.83yrs
Tenure
US$460,139
Compensation
Mr. Christopher T. Usher, also known as Chris, serves as Director at International Association of Geophysical Contractors since February 2020. Mr. Usher has been President, Chief Executive Officer and Dire...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD460.14K) is about average for companies of similar size in the US market ($USD543.87K).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: IO'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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26.3%.
Top Shareholders
Company Information
ION Geophysical Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ION Geophysical Corporation
- Ticker: IO
- Exchange: NYSE
- Founded: 1968
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$30.828m
- Shares outstanding: 17.96m
- Website: https://www.iongeo.com
Number of Employees
Location
- ION Geophysical Corporation
- 2105, CityWest Boulevard
- Suite 100
- Houston
- Texas
- 77042-2855
- United States
Listings
Biography
ION Geophysical Corporation provides data-driven decision-making to offshore energy, and ports, and defense industries worldwide. The company operates through two segments, E&P Technology & Services and Op...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 23:11 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.