Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United States and internationally. More Details
Excellent balance sheet and overvalued.
Share Price & News
How has Digimarc's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DMRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: DMRC's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DMRC exceeded the US Software industry which returned 34.5% over the past year.
Return vs Market: DMRC exceeded the US Market which returned 35.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Digimarc's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDid Digimarc Corporation (NASDAQ:DMRC) Insiders Buy Up More Shares?
1 month ago | Simply Wall StIs Digimarc Corporation (NASDAQ:DMRC) Popular Amongst Insiders?
2 months ago | Simply Wall StDigimarc (NASDAQ:DMRC) Shareholders Booked A 95% Gain In The Last Year
Is Digimarc undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate DMRC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate DMRC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: DMRC is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: DMRC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DMRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DMRC is good value based on its PB Ratio (5.8x) compared to the US Software industry average (7.1x).
How is Digimarc forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DMRC is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: DMRC is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: DMRC is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: DMRC's revenue (16.3% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: DMRC's revenue (16.3% 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 DMRC's Return on Equity is forecast to be high in 3 years time
How has Digimarc performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DMRC is currently unprofitable.
Growing Profit Margin: DMRC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DMRC is unprofitable, and losses have increased over the past 5 years at a rate of 14.3% per year.
Accelerating Growth: Unable to compare DMRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DMRC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (33.3%).
Return on Equity
High ROE: DMRC has a negative Return on Equity (-41.48%), as it is currently unprofitable.
How is Digimarc's financial position?
Financial Position Analysis
Short Term Liabilities: DMRC's short term assets ($76.6M) exceed its short term liabilities ($10.8M).
Long Term Liabilities: DMRC's short term assets ($76.6M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: DMRC's debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if DMRC's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DMRC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DMRC has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 13% each year.
What is Digimarc current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DMRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DMRC'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 DMRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DMRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DMRC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DMRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Riley McCormack (45 yo)
Mr. Riley Young McCormack serves as CEO, President and Director at Digimarc Corporation since April 12, 2021. Mr. McCormack served as Lead Independent Director at Digimarc Corporation since February 22, 20...
Experienced Management: DMRC's management team is considered experienced (2.3 years average tenure).
Experienced Board: DMRC's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DMRC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.9%.
Digimarc Corporation's company bio, employee growth, exchange listings and data sources
- Name: Digimarc Corporation
- Ticker: DMRC
- Exchange: NasdaqGS
- Founded: 2008
- Industry: Application Software
- Sector: Software
- Market Cap: US$449.247m
- Shares outstanding: 16.41m
- Website: https://www.digimarc.com
Number of Employees
- Digimarc Corporation
- 9405 SW Gemini Drive
- United States
Digimarc Corporation provides automatic identification solutions to commercial and government customers in the United States and internationally. The company offers Digimarc Platform for the identification...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/23 02:54|
|End of Day Share Price||2021/07/22 00:00|
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.