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EMAN

eMagin NYSEAM:EMAN Stock Report

Last Price

US$0.61

Market Cap

US$46.9m

7D

-5.6%

1Y

-74.2%

Updated

24 Sep, 2022

Data

Company Financials
EMAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

EMAN Stock Overview

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally.

eMagin Competitors

Price History & Performance

Summary of all time highs, changes and price drops for eMagin
Historical stock prices
Current Share PriceUS$0.61
52 Week HighUS$2.89
52 Week LowUS$0.55
Beta1.64
1 Month Change-21.60%
3 Month Change-5.48%
1 Year Change-74.18%
3 Year Change70.00%
5 Year Change-72.80%
Change since IPO-99.90%

Recent News & Updates

Shareholder Returns

EMANUS SemiconductorUS Market
7D-5.6%-6.0%-5.2%
1Y-74.2%-29.7%-23.0%

Return vs Industry: EMAN underperformed the US Semiconductor industry which returned -29.7% over the past year.

Return vs Market: EMAN underperformed the US Market which returned -23.1% over the past year.

Price Volatility

Is EMAN's price volatile compared to industry and market?
EMAN volatility
EMAN Average Weekly Movement7.8%
Semiconductor Industry Average Movement8.1%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: EMAN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: EMAN's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996102Andrew Sculleyhttps://emagin.com

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards.

eMagin Fundamentals Summary

How do eMagin's earnings and revenue compare to its market cap?
EMAN fundamental statistics
Market CapUS$46.93m
Earnings (TTM)US$873.00k
Revenue (TTM)US$27.51m

53.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMAN income statement (TTM)
RevenueUS$27.51m
Cost of RevenueUS$21.14m
Gross ProfitUS$6.37m
Other ExpensesUS$5.50m
EarningsUS$873.00k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.011
Gross Margin23.16%
Net Profit Margin3.17%
Debt/Equity Ratio10.9%

How did EMAN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EMAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EMAN?

Other financial metrics that can be useful for relative valuation.

EMAN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.1x
Enterprise Value/EBITDA-11.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does EMAN's PE Ratio compare to its peers?

EMAN PE Ratio vs Peers
The above table shows the PE ratio for EMAN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.8x
SODI Solitron Devices
6.6xn/aUS$21.4m
OIIM O2Micro International
12.4x-56.4%US$98.5m
SNPW Sun Pacific Holding
16.9xn/aUS$13.6m
MRAM Everspin Technologies
15.2x-19.8%US$123.8m
EMAN eMagin
53.8xn/aUS$46.9m

Price-To-Earnings vs Peers: EMAN is expensive based on its Price-To-Earnings Ratio (53.8x) compared to the peer average (12.8x).


Price to Earnings Ratio vs Industry

How does EMAN's PE Ratio compare vs other companies in the US Semiconductor Industry?

Price-To-Earnings vs Industry: EMAN is expensive based on its Price-To-Earnings Ratio (53.8x) compared to the US Semiconductor industry average (15.7x)


Price to Earnings Ratio vs Fair Ratio

What is EMAN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EMAN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio53.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate EMAN's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of EMAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate EMAN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate EMAN's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is eMagin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.6%

Forecasted Semiconductors 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 eMagin 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.


Discover growth companies

  • Take a look at our analysis of EMAN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has eMagin performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EMAN has a high level of non-cash earnings.

Growing Profit Margin: EMAN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: EMAN has become profitable over the past 5 years, growing earnings by 10.1% per year.

Accelerating Growth: EMAN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EMAN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (49.3%).


Return on Equity

High ROE: EMAN's Return on Equity (4.6%) is considered low.


Discover strong past performing companies

Financial Health

How is eMagin's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EMAN's short term assets ($19.8M) exceed its short term liabilities ($7.5M).

Long Term Liabilities: EMAN's short term assets ($19.8M) do not cover its long term liabilities ($30.9M).


Debt to Equity History and Analysis

Debt Level: EMAN has more cash than its total debt.

Reducing Debt: EMAN's debt to equity ratio has increased from 0.04% to 10.9% over the past 5 years.

Debt Coverage: EMAN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if EMAN's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is eMagin current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EMAN'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 EMAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMAN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EMAN has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Andrew Sculley (71 yo)

14.25yrs

Tenure

US$536,990

Compensation

Mr. Andrew G. Sculley, Jr., has been Chief Executive Officer of eMagin Corporation. since June 1, 2008 and was appointed to the Board of Directors on November 2, 2009. Mr. Sculley served as President at eM...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD536.99K) is below average for companies of similar size in the US market ($USD780.01K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EMAN's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: EMAN's board of directors are seasoned and experienced ( 12 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

NYSEAM:EMAN Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
17 Jun 22BuyUS$3,087Mark KochIndividual5,000US$0.62
05 Apr 22SellUS$39,288Stillwater Holdings LLCCompany35,000US$1.12
04 Apr 22SellUS$70,416Stillwater Holdings LLCCompany61,000US$1.16
31 Mar 22SellUS$65,511Stillwater Holdings LLCCompany56,500US$1.18
30 Mar 22SellUS$30,003Stillwater Holdings LLCCompany25,500US$1.18
29 Mar 22SellUS$59,766Stillwater Holdings LLCCompany51,700US$1.17
29 Mar 22SellUS$10,828Ginola LtdCompany9,486US$1.15
25 Mar 22SellUS$16,574Ginola LtdCompany14,301US$1.16
25 Mar 22SellUS$61,882Stillwater Holdings LLCCompany53,300US$1.17
23 Mar 22SellUS$17,070Ginola LtdCompany14,400US$1.19
23 Mar 22SellUS$57,614Stillwater Holdings LLCCompany48,600US$1.19
21 Mar 22SellUS$22,958Ginola LtdCompany19,114US$1.23
21 Mar 22SellUS$54,776Stillwater Holdings LLCCompany45,900US$1.23
17 Mar 22SellUS$14,380Ginola LtdCompany12,700US$1.16
17 Mar 22SellUS$63,861Stillwater Holdings LLCCompany56,400US$1.16
11 Mar 22SellUS$7,085Ginola LtdCompany5,925US$1.20
11 Mar 22SellUS$20,610Stillwater Holdings LLCCompany17,200US$1.20
11 Mar 22SellUS$20,610Stillwater Holdings LLCCompany17,200US$1.20
12 Nov 21SellUS$9,082Ginola LtdCompany3,500US$2.60
12 Nov 21SellUS$15,225Stillwater Holdings LLCCompany5,867US$2.60
11 Nov 21SellUS$4,408Ginola LtdCompany1,700US$2.59
11 Nov 21SellUS$100,637Stillwater Holdings LLCCompany37,645US$2.73
10 Nov 21SellUS$18,429Ginola LtdCompany6,801US$2.75
05 Nov 21SellUS$166,850Stillwater Holdings LLCCompany61,256US$2.75
04 Nov 21SellUS$117,298Stillwater Holdings LLCCompany42,626US$2.75
04 Nov 21SellUS$11,872Ginola LtdCompany4,264US$2.78
03 Nov 21SellUS$109,868Ginola LtdCompany40,021US$2.80
03 Nov 21SellUS$147,521Stillwater Holdings LLCCompany52,718US$2.80
02 Nov 21SellUS$165,511Stillwater Holdings LLCCompany61,296US$2.70
01 Nov 21SellUS$280,272Ginola LtdCompany107,920US$2.66
01 Nov 21SellUS$346,186Stillwater Holdings LLCCompany137,412US$2.62

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Top 25 shareholders own 19.24% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
4.07%
Sabby Management, LLC
3,119,828$1.9m0%2.85%
4.03%
Stillwater Holdings LLC
3,091,857$1.9m0%no data
3.79%
The Vanguard Group, Inc.
2,902,664$1.8m0%no data
1.46%
AWM Investment Company Inc
1,119,887$685.4k0%0.1%
1.21%
BlackRock, Inc.
928,202$568.1k-15.22%no data
0.71%
Geode Capital Management, LLC
543,731$332.8k3.09%no data
0.46%
Goldman Sachs Group, Investment Banking and Securities Investments
352,247$215.6k-81%no data
0.44%
Marshall Wace LLP
335,103$205.1k0%no data
0.41%
Andrew Sculley
312,306$191.1k1.62%no data
0.34%
Bridgeway Capital Management, LLC
261,300$159.9k0%no data
0.32%
Susquehanna International Group, LLP, Asset Management Arm
243,593$149.1k-25.08%no data
0.28%
State Street Global Advisors, Inc.
214,842$131.5k-76.34%no data
0.26%
Paul Cronson
199,305$122.0k0%no data
0.25%
Citigroup Inc.,Banking and Securities Investments
190,000$116.3k0%no data
0.19%
Jane Street Group, LLC, Asset Management Arm
149,233$91.3k0%no data
0.18%
Essex Private Wealth Management, LLC
136,600$83.6k5.08%0.33%
0.18%
Ginola Ltd
135,850$83.1k0%no data
0.16%
Northern Trust Global Investments
122,712$75.1k0%no data
0.13%
Group One Trading LP, Asset Management Arm
98,764$60.4k-17.53%no data
0.098%
NewEdge Advisors, LLC
75,095$46.0k0%no data
0.063%
Stephen Seay
48,519$29.7k0%no data
0.058%
Ellen Richstone
44,490$27.2k0%no data
0.057%
ExodusPoint Capital Management, LP
44,076$27.0k-53.04%no data
0.057%
Amalkumar Ghosh
43,371$26.5k-37.24%no data
0.056%
Jill Wittels
42,843$26.2k0%no data

Company Information

eMagin Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: eMagin Corporation
  • Ticker: EMAN
  • Exchange: NYSEAM
  • Founded: 1996
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: US$46.928m
  • Shares outstanding: 76.68m
  • Website: https://emagin.com

Number of Employees


Location

  • eMagin Corporation
  • 700 South Drive
  • Suite 201
  • Hopewell Junction
  • New York
  • 12533
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMANNYSEAM (NYSE MKT LLC)YesCommon StockUSUSDJan 2000
EMGADB (Deutsche Boerse AG)YesCommon StockDEEURJan 2000

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.