Market Cap
US$167.7m
Last Updated
2021/06/24 04:48 UTC
Data Sources
Company Financials +
Executive Summary
inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, energy, industrial, medical, semiconductor, and telecommunications markets worldwide. More Details
Rewards
Risk Analysis
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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: INTT's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
-9.2%
INTT
0.9%
US Semiconductor
0.5%
US Market
1 Year Return
387.9%
INTT
59.4%
US Semiconductor
42.6%
US Market
Return vs Industry: INTT exceeded the US Semiconductor industry which returned 59.4% over the past year.
Return vs Market: INTT exceeded the US Market which returned 42.6% over the past year.
Shareholder returns
| INTT | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.2% | 0.9% | 0.5% |
| 30 Day | 20.7% | 4.8% | 1.9% |
| 90 Day | 47.4% | 10.7% | 7.9% |
| 1 Year | 387.9%387.9% | 61.7%59.4% | 44.9%42.6% |
| 3 Year | 122.1%122.1% | 128.3%116.7% | 64.4%54.1% |
| 5 Year | 322.6%322.6% | 332.1%291.1% | 128.3%102.7% |
Long-Term 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
2 months ago | Simply Wall St
Could The inTEST Corporation (NYSEMKT:INTT) Ownership Structure Tell Us Something Useful?3 months ago | Simply Wall St
Our Take On The Returns On Capital At inTEST (NYSEMKT:INTT)5 months ago | Simply Wall St
Read This Before Selling inTEST Corporation (NYSEMKT:INTT) SharesValuation
Is inTEST undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INTT ($16.1) is trading below our estimate of fair value ($40.64)
Significantly Below Fair Value: INTT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: INTT is poor value based on its PE Ratio (67.3x) compared to the US Semiconductor industry average (33.5x).
PE vs Market: INTT is poor value based on its PE Ratio (67.3x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: INTT is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: INTT is good value based on its PB Ratio (3.5x) compared to the US Semiconductor industry average (4.6x).
Future Growth
How is inTEST forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
54.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INTT's forecast earnings growth (54.4% per year) is above the savings rate (2%).
Earnings vs Market: INTT's earnings (54.4% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: INTT's revenue (18.3% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: INTT's revenue (18.3% 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
Past Performance
How has inTEST performed over the past 5 years?
-24.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INTT has a large one-off loss of $1.7M impacting its March 31 2021 financial results.
Growing Profit Margin: INTT's current net profit margins (4%) are higher than last year (0.08%).
Past Earnings Growth Analysis
Earnings Trend: INTT's earnings have declined by 24.6% per year over the past 5 years.
Accelerating Growth: INTT's earnings growth over the past year (5900%) exceeds its 5-year average (-24.6% per year).
Earnings vs Industry: INTT earnings growth over the past year (5900%) exceeded the Semiconductor industry 48.9%.
Return on Equity
High ROE: INTT's Return on Equity (5.1%) is considered low.
Financial Health
How is inTEST's financial position?
Financial Position Analysis
Short Term Liabilities: INTT's short term assets ($32.5M) exceed its short term liabilities ($11.2M).
Long Term Liabilities: INTT's short term assets ($32.5M) exceed its long term liabilities ($8.1M).
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
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?
2.0yrs
Average board tenure
CEO
Nick Grant (50 yo)
0.83
Tenure
US$1,257,980
Compensation
Mr. Richard N. Grant, Jr., also known as Nick, has been President, Chief Executive Officer and Director of inTEST Corporation since August 24, 2020. Mr. Grant served as Senior Vice President Americas Regio...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD1.26M) is about average for companies of similar size in the US market ($USD1.07M).
Compensation vs Earnings: Insufficient data to compare Nick's compensation with company performance.
Board Members
Experienced Board: INTT's board of directors are not considered experienced ( 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: NYSEAM
- Founded: 1981
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$167.724m
- Shares outstanding: 10.42m
- 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
Biography
inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, energy, industrial, medical, semiconductor, and telecommunications markets worl...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 04:48 |
| End of Day Share Price | 2021/06/23 00:00 |
| Earnings | 2021/03/31 |
| 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.