IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for screen printing, awards and recognition, and dye sublimation markets worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.15|
|52 Week High||US$3.25|
|52 Week Low||US$33.80|
|1 Month Change||18.04%|
|3 Month Change||160.31%|
|1 Year Change||686.96%|
|3 Year Change||109.01%|
|5 Year Change||152.32%|
|Change since IPO||795.95%|
Recent News & Updates
Calculating The Fair Value Of IKONICS Corporation (NASDAQ:IKNX)
How far off is IKONICS Corporation ( NASDAQ:IKNX ) from its intrinsic value? Using the most recent financial data...
|IKNX||US Chemicals||US Market|
Return vs Industry: IKNX exceeded the US Chemicals industry which returned 22.2% over the past year.
Return vs Market: IKNX exceeded the US Market which returned 33.8% over the past year.
Stable Share Price: IKNX is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 23% a week.
Volatility Over Time: IKNX's weekly volatility has increased from 16% to 23% over the past year.
About the Company
IKONICS Corporation develops, manufactures, and sells photosensitive liquids and films for screen printing, awards and recognition, and dye sublimation markets worldwide. It operates through four segments: Chromaline, IKONICS Imaging, Digital Texturing, and Advanced Material Solutions. The company sells screen printing films, emulsions, and inkjet receptive films, photo resistant films, art supplies, glass, and related abrasive etching equipment to end users and distributors.
Is IKONICS undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IKNX ($27.15) is trading below our estimate of fair value ($123.54)
Significantly Below Fair Value: IKNX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IKNX is poor value based on its PE Ratio (370.3x) compared to the US Chemicals industry average (22.4x).
PE vs Market: IKNX is poor value based on its PE Ratio (370.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IKNX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IKNX is overvalued based on its PB Ratio (4.9x) compared to the US Chemicals industry average (2.7x).
How is IKONICS forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IKONICS has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has IKONICS performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IKNX has a large one-off gain of $484.5K impacting its June 30 2021 financial results.
Growing Profit Margin: IKNX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: IKNX has become profitable over the past 5 years, growing earnings by -37.5% per year.
Accelerating Growth: IKNX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IKNX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (32.6%).
Return on Equity
High ROE: IKNX's Return on Equity (1.3%) is considered low.
How is IKONICS's financial position?
Financial Position Analysis
Short Term Liabilities: IKNX's short term assets ($5.7M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: IKNX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IKNX is debt free.
Reducing Debt: IKNX has no debt compared to 5 years ago when its debt to equity ratio was 24.5%.
Debt Coverage: IKNX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IKNX has no debt, therefore coverage of interest payments is not a concern.
What is IKONICS current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IKNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IKNX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IKNX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IKNX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IKNX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn Sandgren (61 yo)
Mr. Glenn Sandgren is President, Chief Executive Officer at IKONICS Corporation since February 10, 2020 and serves as its Director since February 10, 2020. He had been Vice President of Sales and Marketing...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD351.20K) is below average for companies of similar size in the US market ($USD544.49K).
Compensation vs Earnings: Insufficient data to compare Glenn's compensation with company performance.
Experienced Management: IKNX's management team is seasoned and experienced (11.3 years average tenure).
Experienced Board: IKNX's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: IKNX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IKONICS Corporation's employee growth, exchange listings and data sources
- Name: IKONICS Corporation
- Ticker: IKNX
- Exchange: NasdaqCM
- Founded: 1952
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: US$53.789m
- Shares outstanding: 1.98m
- Website: https://www.ikonics.com
Number of Employees
- IKONICS Corporation
- 4832 Grand Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:04|
|End of Day Share Price||2021/09/17 00:00|
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.