AMEX:INTT

Stock Analysis Report

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Executive Summary

inTEST Corporation supplies precision-engineered solutions for use in manufacturing and testing in automotive, defense/aerospace, energy, industrial, semiconductor, and telecommunications markets worldwide.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


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

Stable Share Price: INTT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.8%

INTT

0.7%

US Semiconductor

0.5%

US Market


1 Year Return

16.0%

INTT

47.1%

US Semiconductor

18.7%

US Market

Return vs Industry: INTT underperformed the US Semiconductor industry which returned 50.8% over the past year.

Return vs Market: INTT underperformed the US Market which returned 20.1% over the past year.


Shareholder returns

INTTIndustryMarket
7 Day4.8%0.7%0.5%
30 Day22.4%5.2%4.9%
90 Day66.2%23.1%19.8%
1 Year16.0%16.0%49.9%47.1%21.2%18.7%
3 Year-29.2%-29.2%94.8%84.3%46.2%36.8%
5 Year23.6%23.6%249.1%214.4%85.3%65.1%

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?

127.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: INTT is poor value based on its PE Ratio (127.2x) compared to the US Semiconductor industry average (36.7x).

PE vs Market: INTT is poor value based on its PE Ratio (127.2x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: INTT is good value based on its PEG Ratio (0.7x)


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 (3.5x).


Next Steps

Future Growth

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

175.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INTT's forecast earnings growth (175.8% per year) is above the savings rate (2.2%).

Earnings vs Market: INTT's earnings (175.8% per year) are forecast to grow faster than the US market (24.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: INTT's revenue (13.8% per year) is forecast to grow faster than the US market (9.5% per year).

High Growth Revenue: INTT's revenue (13.8% 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 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?

-19.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INTT has a large one-off loss of $925.0K impacting its June 30 2020 financial results.

Growing Profit Margin: INTT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: INTT's earnings have declined by 19.2% per year over the past 5 years.

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

Earnings vs Industry: INTT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (1.5%).


Return on Equity

High ROE: INTT's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is inTEST's financial position?


Financial Position Analysis

Short Term Liabilities: INTT's short term assets ($25.3M) exceed its short term liabilities ($8.8M).

Long Term Liabilities: INTT's short term assets ($25.3M) exceed its long term liabilities ($6.9M).


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


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate INTT'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 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

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

1.2yrs

Average board tenure


CEO

Hugh Regan (60 yo)

no data

Tenure

US$508,821

Compensation

Mr. Hugh T. Regan Jr. has been the Chief Financial Officer and Treasurer of Intest Corp., the Parent company of Temptronic Corp. since April 1996 and has been its Secretary since December 1999. From 1985 t ...


CEO Compensation Analysis

Compensation vs Market: Hugh's total compensation ($USD508.82K) is about average for companies of similar size in the US market ($USD582.88K).

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


Board Members

NamePositionTenureCompensationOwnership
Steven Abrams
Independent Director7.58yrsUS$114.17k0.49%
$ 250.9k
Joseph Dews
Independent Chairman of the Board1.17yrsUS$130.17k0.49%
$ 250.9k
Jeffrey Beck
Independent Director1.17yrsUS$82.49k0.22%
$ 110.7k
Gerald Maginnis
Independent Director0.17yrno data0.13%
$ 66.4k

1.2yrs

Average Tenure

55yo

Average Age

Experienced Board: INTT's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$51.167m
  • Shares outstanding: 10.40m
  • Website: https://www.intest.com

Number of Employees


Location

  • inTEST Corporation
  • 804 East Gate Drive
  • Suite 200
  • Mount Laurel
  • New Jersey
  • 8054
  • United States

Listings

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

Biography

inTEST Corporation supplies precision-engineered solutions for use in manufacturing and testing in automotive, defense/aerospace, energy, industrial, semiconductor, and telecommunications markets worldwide ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 00:12
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.