Marchex
Market Cap
US$133.7m
Last Updated
2020/02/17 00:18 UTC
Data Sources
Company Financials +
Executive Summary
Marchex, Inc. operates as a call analytics company that helps businesses connect, drive, measure, and convert callers into customers.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -27.3% per year for the next 3 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has Marchex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MCHX's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-19.0%
MCHX
2.2%
US Media
1.5%
US Market
1 Year Return
-22.4%
MCHX
20.0%
US Media
20.1%
US Market
Return vs Industry: MCHX underperformed the US Media industry which returned 20% over the past year.
Return vs Market: MCHX underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| MCHX | Industry | Market | |
|---|---|---|---|
| 7 Day | -19.0% | 2.2% | 1.5% |
| 30 Day | -11.0% | -0.4% | 1.4% |
| 90 Day | -20.8% | 5.1% | 8.7% |
| 1 Year | -22.4%-22.4% | 21.6%20.0% | 22.7%20.1% |
| 3 Year | 32.3%12.9% | 17.9%13.0% | 50.1%40.5% |
| 5 Year | -10.3%-23.9% | 36.4%25.6% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Marchex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Did You Manage To Avoid Marchex's (NASDAQ:MCHX) 21% Share Price Drop?1 month ago | Simply Wall St
One Thing To Remember About The Marchex, Inc. (NASDAQ:MCHX) Share Price3 months ago | Simply Wall St
Is Marchex, Inc. (NASDAQ:MCHX) Potentially Undervalued?Valuation
Is Marchex undervalued compared to its fair value and its price relative to the market?
0.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MCHX ($3.16) is trading below our estimate of fair value ($3.17)
Significantly Below Fair Value: MCHX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MCHX is unprofitable, so we can't compare its PE Ratio to the Media industry average.
PE vs Market: MCHX 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 MCHX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MCHX is overvalued based on its PB Ratio (1.4x) compared to the US Media industry average (1.4x).
Next Steps
Future Growth
How is Marchex forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-27.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MCHX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: MCHX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: MCHX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: MCHX's revenue is expected to decline over the next 3 years (-0.2% per year).
High Growth Revenue: MCHX's revenue is forecast to decline over the next 3 years (-0.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MCHX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Marchex performed over the past 5 years?
29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MCHX is currently unprofitable.
Growing Profit Margin: MCHX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MCHX is unprofitable, but has reduced losses over the past 5 years at a rate of 29.5% per year.
Accelerating Growth: Unable to compare MCHX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MCHX is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (1%).
Return on Equity
High ROE: MCHX has a negative Return on Equity (-4.01%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Marchex's financial position?
Financial Position Analysis
Short Term Liabilities: MCHX's short term assets ($62.4M) exceed its short term liabilities ($17.0M).
Long Term Liabilities: MCHX's short term assets ($62.4M) exceed its long term liabilities ($6.6M).
Debt to Equity History and Analysis
Debt Level: MCHX is debt free.
Reducing Debt: MCHX has not had any debt for past 5 years.
Balance Sheet
Inventory Level: MCHX has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MCHX's debt is covered by short term assets.
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: Whilst unprofitable MCHX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MCHX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -39% per year.
Next Steps
Dividend
What is Marchex's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate MCHX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MCHX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MCHX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MCHX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MCHX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MCHX'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?
2.7yrs
Average management tenure
CEO
Marchex has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Member of the Office of the CEO | 0.8yrs | US$590.13k | 3.19% $4.3m | |
| CFO & Member of the Office of the CEO | 16.8yrs | US$778.65k | 1.95% $2.6m | |
| Vice President of Strategy & Operations | 5.4yrs | no data | no data | |
| Vice President of Investor Relations & Strategic Initiatives | 0yrs | no data | no data | |
| General Counsel & Secretary | 1.6yrs | no data | no data | |
| SVP & Head of Automotive | 0yrs | no data | no data | |
| Senior Vice President of Consumer Insights & Marketing | 4.3yrs | no data | no data | |
| Executive Vice President of Business Development & Solution Consulting | 0yrs | no data | no data | |
| Senior Vice President | 2.7yrs | no data | no data | |
| Senior Vice President of Analytics | 2.7yrs | no data | no data |
2.7yrs
Average Tenure
Experienced Management: MCHX's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & Member of the Office of the CEO | 0.8yrs | US$590.13k | 3.19% $4.3m | |
| Independent Director | 16.8yrs | US$77.25k | 0.30% $400.6k | |
| Independent Director | 11.3yrs | US$76.25k | 0.62% $825.2k | |
| Independent Director | 0.8yrs | no data | 0.072% $96.8k |
6.0yrs
Average Tenure
56yo
Average Age
Experienced Board: MCHX's board of directors are considered experienced (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 7.1%.
Top Shareholders
Company Information
Marchex, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marchex, Inc.
- Ticker: MCHX
- Exchange: NasdaqGS
- Founded: 2003
- Industry: Advertising
- Sector: Media
- Market Cap: US$133.679m
- Shares outstanding: 42.30m
- Website: https://www.marchex.com
Number of Employees
Location
- Marchex, Inc.
- 520 Pike Street
- Suite 2000
- Seattle
- Washington
- 98101
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MCHX | NasdaqGS (Nasdaq Global Select) | Yes | Class B Common Stock | US | USD | Mar 2004 |
| NHM | DB (Deutsche Boerse AG) | Yes | Class B Common Stock | DE | EUR | Mar 2004 |
Biography
Marchex, Inc. operates as a call analytics company that helps businesses connect, drive, measure, and convert callers into customers. Its products include Marchex Call Analytics, an analytics platform for enterprises that depend on inbound phone calls to drive sales, appointments, and reservations; Marchex Speech Analytics that enable actionable insights for enterprise, mid-sized, and small businesses; Text Analytics and Communications, which enable businesses to send and receive text/SMS messages with customers; Call Monitoring; Marchex Omnichannel Analytics Cloud products, such as Marchex Search Analytics, a product for search marketers that drive phone calls from search campaigns, as well as Marchex Display and Video Analytics, a product for marketers that buy digital display advertising; Marchex Site Analytics, a product for marketers that can drive phone calls from Websites; and Marchex Social Analytics, a product for marketers that buy social media advertising. The company also offers Marchex Audience Targeting that leverages call data to automatically build audience segments for display and social media platforms; and Marchex Call Marketplace, a mobile advertising network for businesses that depend on inbound phone calls to drive sales, as well as provides advertisers ad placements across various mobile and online media sources to deliver qualified calls to their businesses. In addition, it provides Local Leads platform, a service advertising solution for small business resellers, such as Yellow Pages providers and vertical marketing service providers to sell call advertising, search marketing, and other lead generation products through their existing sales channels to small business advertisers. Marchex, Inc. was founded in 2003 and is headquartered in Seattle, Washington.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:18 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/12/31 |
| 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.