OTCPK:SIGM

Stock Analysis Report

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Executive Summary

Sigma Designs, Inc., an integrated system-on-chip solutions provider, provides intelligent platforms for use in the home entertainment, and home and industrial control appliances.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-1.1%

SIGM

-0.5%

US Semiconductor

1.2%

US Market


1 Year Return

52.4%

SIGM

45.1%

US Semiconductor

16.8%

US Market

Return vs Industry: SIGM exceeded the US Semiconductor industry which returned 46.5% over the past year.

Return vs Market: SIGM exceeded the US Market which returned 16.4% over the past year.


Shareholder returns

SIGMIndustryMarket
7 Day-1.1%-0.5%1.2%
30 Day22.6%3.5%4.9%
90 Day31.8%22.6%20.0%
1 Year52.4%52.4%47.9%45.1%19.3%16.8%
3 Year36.6%-95.6%89.5%79.4%43.7%34.4%
5 Year-11.4%-97.1%222.7%191.1%75.5%56.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Sigma Designs is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sigma Designs has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine Sigma Designs's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Sigma Designs regulatory filings here.
  • Explore potentially undervalued companies in the Semiconductors industry.

Future Growth

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

24.8%

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 Sigma Designs 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.


Next Steps

  • Examine Sigma Designs's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on theOTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Sigma Designs's filings and announcementshere.
  • Explore growth companies in the Semiconductors industry.

Past Performance

How has Sigma Designs performed over the past 5 years?

17.5%

Historical Semiconductors annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if SIGM has high quality earnings.

Growing Profit Margin: Insufficient data to determine if SIGM's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SIGM's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare SIGM's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if SIGM's earnings growth over the past year exceeded the Semiconductor industry average.


Return on Equity

High ROE: SIGM has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sigma Designs's financial position?


In this section we usually analyse Sigma Designs's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Sigma Designs has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of SIGM’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.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Sigma Designs's financial data was last updated here.
  • Explore more healthy companies in the Semiconductors industry.

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SIGM'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 SIGM'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?

4.5yrs

Average board tenure


CEO

Elias Nader (57 yo)

2.58yrs

Tenure

US$531,286

Compensation

Mr. Elias N. Nader serves as Vice President and Chief Financial Officer of Pixelworks, Inc. since September 16, 2019. Mr. Nader had been Interim President and Chief Executive Officer at Sigma Designs, Inc. ...


CEO Compensation Analysis

Compensation vs Market: Elias's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD593.60K).

Compensation vs Earnings: Insufficient data to compare Elias's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Elias Nader
Interim President2.58yrsUS$531.29kno data
James Dodson
Lead Independent Director6.58yrsUS$170.00kno data
Martin Manniche
Independent Director6.5yrsUS$160.00kno data
Saleel Awsare
Director2.5yrsno datano data

4.5yrs

Average Tenure

55.5yo

Average Age

Experienced Board: SIGM's board of directors are considered experienced (4.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Sigma Designs, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sigma Designs, Inc.
  • Ticker: SIGM
  • Exchange: OTCPK
  • Founded: 1982
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$11.277m
  • Shares outstanding: 39.99m
  • Website: https://www.sigmadesigns.com

Number of Employees


Location

  • Sigma Designs, Inc.
  • 47467 Fremont Boulevard
  • Fremont
  • California
  • 94538
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SIGMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMay 1986

Biography

Sigma Designs, Inc., an integrated system-on-chip solutions provider, provides intelligent platforms for use in the home entertainment, and home and industrial control appliances. The company offers mobile ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 23:42
End of Day Share Price2020/08/10 00:00
Earnings2018/02/03
Annual Earnings2018/02/03


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.