DSP Group
Market Cap
US$364.1m
Last Updated
2021/03/04 23:22 UTC
Data Sources
Company Financials +
Executive Summary
DSP Group, Inc., a fabless semiconductor company, provides wireless, audio, voice, and AI chipsets for smart-enabled devices. More Details
Snowflake Analysis
Flawless balance sheet and overvalued.
Similar Companies
Share Price & News
How has DSP Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DSPG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DSPG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-3.7%
DSPG
-5.4%
US Semiconductor
-2.4%
US Market
1 Year Return
7.1%
DSPG
54.7%
US Semiconductor
31.2%
US Market
Return vs Industry: DSPG underperformed the US Semiconductor industry which returned 54.7% over the past year.
Return vs Market: DSPG underperformed the US Market which returned 31.2% over the past year.
Shareholder returns
| DSPG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | -5.4% | -2.4% |
| 30 Day | -13.1% | -7.4% | -3.0% |
| 90 Day | -14.7% | 0.06% | 3.2% |
| 1 Year | 7.1%7.1% | 57.3%54.7% | 34.1%31.2% |
| 3 Year | 16.1%16.1% | 88.7%79.1% | 48.1%38.6% |
| 5 Year | 70.5%70.5% | 300.7%261.9% | 116.5%92.3% |
Long-Term Price Volatility Vs. Market
How volatile is DSP Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
DSP Group, Inc. (NASDAQ:DSPG) Insiders Have Been Selling1 month ago | Simply Wall St
When Should You Buy DSP Group, Inc. (NASDAQ:DSPG)?2 months ago | Simply Wall St
Are Investors Undervaluing DSP Group, Inc. (NASDAQ:DSPG) By 29%?Valuation
Is DSP Group undervalued compared to its fair value and its price relative to the market?
2.23x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DSPG ($14.75) is trading above our estimate of fair value ($11.6)
Significantly Below Fair Value: DSPG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DSPG is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: DSPG 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 DSPG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DSPG is good value based on its PB Ratio (2.2x) compared to the US Semiconductor industry average (4.4x).
Next Steps
Future Growth
How is DSP Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
75.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DSPG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DSPG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DSPG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DSPG's revenue (9.1% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: DSPG's revenue (9.1% 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 DSPG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has DSP Group performed over the past 5 years?
-47.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DSPG is currently unprofitable.
Growing Profit Margin: DSPG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DSPG is unprofitable, and losses have increased over the past 5 years at a rate of 47.9% per year.
Accelerating Growth: Unable to compare DSPG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DSPG is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (18.2%).
Return on Equity
High ROE: DSPG has a negative Return on Equity (-4.35%), as it is currently unprofitable.
Next Steps
Financial Health
How is DSP Group's financial position?
Financial Position Analysis
Short Term Liabilities: DSPG's short term assets ($91.4M) exceed its short term liabilities ($29.4M).
Long Term Liabilities: DSPG's short term assets ($91.4M) exceed its long term liabilities ($30.9M).
Debt to Equity History and Analysis
Debt Level: DSPG is debt free.
Reducing Debt: DSPG had no debt 5 years ago.
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: Whilst unprofitable DSPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DSPG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.2% per year.
Next Steps
Dividend
What is DSP Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DSPG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DSPG'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 DSPG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DSPG'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 DSPG'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?
9.2yrs
Average management tenure
CEO
Ofer Elyakim (50 yo)
11.67yrs
Tenure
US$1,888,477
Compensation
Mr. Ofer Elyakim has been the Chief Executive Officer at DSP Group Inc. since July 2009. Mr. Elyakim served as President of South East Asia Operations and Senior Vice President at DSP Group Inc. from May 1...
CEO Compensation Analysis
Compensation vs Market: Ofer's total compensation ($USD1.89M) is about average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: Ofer's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.67yrs | US$1.89m | 2.67% $ 9.7m | |
| CFO & Secretary | 14.67yrs | US$891.75k | 0.10% $ 366.5k | |
| Corporate Vice President of Operations | no data | no data | no data | |
| CTO & Corporate VP | 10.67yrs | US$410.61k | no data | |
| Corporate VP | 2.17yrs | no data | 0.045% $ 162.8k | |
| Corporate Vice President of Sales | no data | no data | no data | |
| Corporate Vice President of Human Resources | 3.17yrs | no data | no data | |
| Chief Revenue Officer | 2.33yrs | no data | no data | |
| Corporate Vice President of Sales | 9.17yrs | no data | no data |
9.2yrs
Average Tenure
50yo
Average Age
Experienced Management: DSPG's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 11.67yrs | US$1.89m | 2.67% $ 9.7m | |
| Independent Chairman of the Board | 3.83yrs | US$169.34k | 0.25% $ 919.2k | |
| Independent Director | 19.08yrs | US$146.34k | 0.099% $ 361.4k | |
| Independent Director | 8.83yrs | US$154.34k | 0.42% $ 1.5m | |
| Independent Director | 7.83yrs | US$145.84k | 0.16% $ 571.2k | |
| Independent Director | 7.83yrs | US$142.34k | 0.12% $ 423.1k | |
| Independent Director | 2.92yrs | US$143.34k | 0.078% $ 284.2k |
7.8yrs
Average Tenure
56yo
Average Age
Experienced Board: DSPG's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DSPG 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 2.6%.
Top Shareholders
Company Information
DSP Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: DSP Group, Inc.
- Ticker: DSPG
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$364.103m
- Shares outstanding: 23.60m
- Website: https://www.dspg.com
Number of Employees
Location
- DSP Group, Inc.
- 2055 Gateway Place
- Suite 480
- San Jose
- California
- 95110
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| DSPG | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Feb 1994 |
| DP3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1994 |
Biography
DSP Group, Inc., a fabless semiconductor company, provides wireless, audio, voice, and AI chipsets for smart-enabled devices. It operates through three segments: Home, Unified Communications, and SmartVoic...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 23:22 |
| End of Day Share Price | 2021/03/04 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.