Market Cap
US$1.0b
Last Updated
2021/06/15 07:59 UTC
Data Sources
Company Financials +
Executive Summary
CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing platforms to semiconductor and original equipment manufacturer (OEM) companies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has CEVA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CEVA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: CEVA's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
3.3%
CEVA
1.4%
US Semiconductor
0.8%
US Market
1 Year Return
32.6%
CEVA
61.1%
US Semiconductor
43.1%
US Market
Return vs Industry: CEVA underperformed the US Semiconductor industry which returned 61.1% over the past year.
Return vs Market: CEVA underperformed the US Market which returned 43.1% over the past year.
Shareholder returns
| CEVA | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 1.4% | 0.8% |
| 30 Day | 6.9% | 10.8% | 3.0% |
| 90 Day | -23.8% | 6.6% | 4.8% |
| 1 Year | 32.6%32.6% | 63.4%61.1% | 45.5%43.1% |
| 3 Year | 43.6%43.6% | 109.5%98.9% | 60.2%50.3% |
| 5 Year | 69.0%69.0% | 326.0%286.1% | 126.4%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is CEVA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
This Insider Has Just Sold Shares In CEVA, Inc. (NASDAQ:CEVA)1 month ago | Simply Wall St
Is CEVA, Inc. (NASDAQ:CEVA) Popular Amongst Institutions?2 months ago | Simply Wall St
Is CEVA's (NASDAQ:CEVA) 133% Share Price Increase Well Justified?Valuation
Is CEVA undervalued compared to its fair value and its price relative to the market?
3.98x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CEVA ($45.67) is trading above our estimate of fair value ($14.99)
Significantly Below Fair Value: CEVA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CEVA is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: CEVA 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 CEVA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CEVA is good value based on its PB Ratio (4x) compared to the US Semiconductor industry average (4.8x).
Future Growth
How is CEVA forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
112.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEVA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CEVA is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CEVA's is expected to become profitable in the next 3 years.
Revenue vs Market: CEVA's revenue (13.2% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: CEVA's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEVA's Return on Equity is forecast to be low in 3 years time (2.4%).
Past Performance
How has CEVA performed over the past 5 years?
-56.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEVA is currently unprofitable.
Growing Profit Margin: CEVA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CEVA is unprofitable, and losses have increased over the past 5 years at a rate of 56.5% per year.
Accelerating Growth: Unable to compare CEVA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CEVA is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (48.9%).
Return on Equity
High ROE: CEVA has a negative Return on Equity (-1.84%), as it is currently unprofitable.
Financial Health
How is CEVA's financial position?
Financial Position Analysis
Short Term Liabilities: CEVA's short term assets ($178.7M) exceed its short term liabilities ($36.9M).
Long Term Liabilities: CEVA's short term assets ($178.7M) exceed its long term liabilities ($17.0M).
Debt to Equity History and Analysis
Debt Level: CEVA is debt free.
Reducing Debt: CEVA has not had any debt for past 5 years.
Debt Coverage: CEVA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CEVA has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is CEVA current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CEVA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CEVA'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 CEVA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CEVA'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 CEVA'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?
10.6yrs
Average management tenure
CEO
Gideon Wertheizer (64 yo)
16.08yrs
Tenure
US$3,046,985
Compensation
Mr. Gideon Wertheizer has been the Chief Executive Officer of CEVA, Inc. since May 9, 2005. Mr. Wertheizer has experience in the semiconductor and Silicon Intellectual Property (SIP) industries. He served ...
CEO Compensation Analysis
Compensation vs Market: Gideon's total compensation ($USD3.05M) is about average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Gideon's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CEVA's management team is seasoned and experienced (10.6 years average tenure).
Board Members
Experienced Board: CEVA's board of directors are seasoned and experienced ( 16.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CEVA insiders have only sold shares 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 3.7%.
Top Shareholders
Company Information
CEVA, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CEVA, Inc.
- Ticker: CEVA
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$1.042b
- Shares outstanding: 22.81m
- Website: https://www.ceva-dsp.com
Number of Employees
Location
- CEVA, Inc.
- 15245 Shady Grove Road
- Suite 400
- Rockville
- Maryland
- 20850
- United States
Listings
Biography
CEVA, Inc. operates as a licensor of wireless connectivity and smart sensing platforms to semiconductor and original equipment manufacturer (OEM) companies worldwide. It designs and licenses various digita...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/15 07:59 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| 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.