AMEX:INTT

Stock Analysis Report

Executive Summary

inTEST Corporation designs, manufactures, and markets thermal management products and semiconductor automated test equipment interface solutions worldwide.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.


Similar Companies

Share Price & News

How has inTEST's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.2%

INTT

6.7%

US Semiconductor

3.4%

US Market


1 Year Return

-36.9%

INTT

18.4%

US Semiconductor

5.4%

US Market

Return vs Industry: INTT underperformed the US Semiconductor industry which returned 18.4% over the past year.

Return vs Market: INTT underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

INTTIndustryMarket
7 Day2.2%6.7%3.4%
30 Day6.0%0.6%-1.0%
90 Day3.7%6.6%-0.4%
1 Year-36.9%-36.9%20.8%18.4%7.7%5.4%
3 Year18.8%18.8%82.3%71.5%46.2%36.8%
5 Year0.9%0.9%140.3%115.5%65.6%47.5%

Price Volatility Vs. Market

How volatile is inTEST's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is inTEST undervalued compared to its fair value and its price relative to the market?

1.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate INTT's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate INTT's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: INTT is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: INTT is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate INTT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INTT is good value based on its PB Ratio (1.1x) compared to the US Semiconductor industry average (2.8x).


Next Steps

Future Growth

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

111.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INTT is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: INTT is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: INTT is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: INTT's revenue (2.7% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: INTT's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if INTT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has inTEST performed over the past 5 years?

-13.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: INTT is unprofitable, and losses have increased over the past 5 years at a rate of -13.2% per year.

Accelerating Growth: Unable to compare INTT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: INTT is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: INTT has a negative Return on Equity (-0.92%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: INTT is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: INTT is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is inTEST's financial position?


Financial Position Analysis

Short Term Liabilities: INTT's short term assets ($24.5M) exceeds its short term liabilities ($9.1M)

Long Term Liabilities: INTT's short term assets (24.5M) exceeds its long term liabilities (7.5M)


Debt to Equity History and Analysis

Debt Level: INTT is debt free.

Reducing Debt: INTT has not had any debt for past 5 years.

Debt Coverage: INTT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: INTT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: INTT has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if INTT's debt is covered by short term assets.


Next Steps

Dividend

What is inTEST's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate INTT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if INTT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INTT'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 INTT's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of inTEST's salary, the management and board of directors tenure and is there insider trading?

1.4yrs

Average board tenure


CEO

Jim Pelrin (67yo)

1.8yrs

Tenure

US$922,054

Compensation

Mr. James Pelrin, also known as Jim, has been President and Chief Executive Officer of inTEST Corp. since January 01, 2018. He has been a Director at inTEST Corp. since May 2017. He was an Executive Vice P ...


CEO Compensation Analysis

Compensation vs. Market: Jim has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

1.4yrs

Average Tenure

56yo

Average Age

Experienced Board: INTT's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: INTT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$42,70526 Aug 19
James Pelrin
EntityIndividual
Role
Chief Executive Officer
President
Shares9,700
Max PriceUS$4.43
BuyUS$9,93222 Aug 19
James Pelrin
EntityIndividual
Role
Chief Executive Officer
President
Shares2,300
Max PriceUS$4.36

Ownership Breakdown


Management Team

  • Hugh Regan (59yo)

    Treasurer

    • Tenure: 23.5yrs
    • Compensation: US$620.94k
  • Jim Pelrin (67yo)

    President

    • Tenure: 1.8yrs
    • Compensation: US$922.05k

Board Members

  • Steve Abrams (51yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: US$117.60k
  • Joe Dews (52yo)

    Chair of the Board

    • Tenure: 0.3yrs
    • Compensation: US$117.60k
  • Jim Pelrin (67yo)

    President

    • Tenure: 1.8yrs
    • Compensation: US$922.05k
  • Jeff Beck (56yo)

    Independent Director

    • Tenure: 0.3yrs
  • William Kraut (74yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$132.60k

Company Information

inTEST Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: inTEST Corporation
  • Ticker: INTT
  • Exchange: AMEX
  • Founded: 1981
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$49.309m
  • Shares outstanding: 10.40m
  • Website: https://www.intest.com

Number of Employees


Location

  • inTEST Corporation
  • 41 Hampden Road
  • Mansfield
  • Massachusetts
  • 2048
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INTTAMEX (NYSE MKT LLC)YesCommon StockUSUSDJun 1997

Biography

inTEST Corporation designs, manufactures, and markets thermal management products and semiconductor automated test equipment interface solutions worldwide. The company operates in two segments, Thermal Pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:36
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.