Impinj, Inc. operates a platform that enables wireless connectivity to various everyday items to business and consumer applications. More Details
Excellent balance sheet with weak fundamentals.
Share Price & News
How has Impinj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PI underperformed the US Semiconductor industry which returned 36.5% over the past year.
Return vs Market: PI underperformed the US Market which returned 12.6% over the past year.
Price Volatility Vs. Market
How volatile is Impinj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWould Shareholders Who Purchased Impinj's (NASDAQ:PI) Stock Three Years Be Happy With The Share price Today?
1 month ago | Simply Wall StDid Impinj, Inc. (NASDAQ:PI) Insiders Sell Shares?
2 months ago | Simply Wall StIs Impinj, Inc. (NASDAQ:PI) Excessively Paying Its CEO?
Is Impinj undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: PI ($27.56) is trading above our estimate of fair value ($0.09)
Significantly Below Fair Value: PI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PI is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: PI 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 PI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PI is overvalued based on its PB Ratio (5.4x) compared to the US Semiconductor industry average (3.2x).
How is Impinj forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PI's revenue (9.6% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: PI's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PI is forecast to be unprofitable in 3 years.
How has Impinj performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PI is currently unprofitable.
Growing Profit Margin: PI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PI is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare PI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PI is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (7.5%).
Return on Equity
High ROE: PI has a negative Return on Equity (-28.92%), as it is currently unprofitable.
How is Impinj's financial position?
Financial Position Analysis
Short Term Liabilities: PI's short term assets ($175.2M) exceed its short term liabilities ($24.4M).
Long Term Liabilities: PI's short term assets ($175.2M) exceed its long term liabilities ($70.6M).
Debt to Equity History and Analysis
Debt Level: PI's debt to equity ratio (45.3%) is considered high.
Reducing Debt: PI's debt to equity ratio has reduced from 79% to 45.3% over the past 5 years.
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 PI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.6% per year.
What is Impinj current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PI'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 PI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PI'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 PI'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
Chris Diorio (58 yo)
Dr. Chris Diorio, Ph.D. has been the Chief Executive Officer of Impinj, Inc. since November 2014. Dr. Diorio Co-founded Impinj Inc., in 2000 and served as its Chief Technology Officer since November 2006 u ...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD4.29M) is above average for companies of similar size in the US market ($USD2.96M).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
|Chief Revenue Officer||0.17yr||US$1.98m||0.093% |
|Chief Financial Officer||0.58yr||no data||0.011% |
|Interim Vice President of Accounting & Corporate Controller||2.5yrs||no data||0.0098% |
|General Counsel||5.25yrs||no data||no data|
|Senior Director Global Marketing & Communications||no data||no data||no data|
|Head of Operations||0.67yr||no data||no data|
|Senior Vice President of Operations||14.5yrs||US$211.58k||no data|
|Executive Vice President of Engineering||1.75yrs||no data||no data|
Experienced Management: PI's management team is considered experienced (2.1 years average tenure).
|Independent Director||12.67yrs||US$145.67k||0.060% |
|Independent Director||20yrs||US$137.33k||0.34% |
|Independent Chairman of the Board||7.67yrs||US$172.92k||0.22% |
|Independent Director||1yr||US$132.66k||0.022% |
|Independent Director||9.42yrs||US$147.33k||0.10% |
|Independent Director||4.33yrs||US$133.99k||0.030% |
|Independent Director||2.25yrs||US$128.99k||0.021% |
Experienced Board: PI's board of directors are considered experienced (7.3 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
Impinj, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Impinj, Inc.
- Ticker: PI
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$629.892m
- Shares outstanding: 22.86m
- Website: https://www.impinj.com
Number of Employees
- Impinj, Inc.
- 400 Fairview Avenue North
- Suite 1200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2016|
|27J||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2016|
|0J9J||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jul 2016|
Impinj, Inc. operates a platform that enables wireless connectivity to various everyday items to business and consumer applications. Its integrated platform connects everyday items to applications, deliver ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/20 05:55|
|End of Day Share Price||2020/09/18 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.