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SEAC

SeaChange InternationalNasdaqGS:SEAC Stock Report

Market Cap

US$53.0m

7D

3.8%

1Y

16.6%

Updated

27 Sep, 2021

Data

Company Financials +
SEAC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SEAC Overview

SeaChange International, Inc. provides multiscreen, advertising, and premium over the top (OTT) video products and services that facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide.

SeaChange International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SeaChange International
Historical stock prices
Current Share PriceUS$1.08
52 Week HighUS$0.69
52 Week LowUS$2.15
Beta0.79
1 Month Change4.85%
3 Month Change-17.56%
1 Year Change16.57%
3 Year Change-40.00%
5 Year Change-63.27%
Change since IPO-91.36%

Recent News & Updates

Shareholder Returns

SEACUS SoftwareUS Market
7D3.8%0.6%2.0%
1Y16.6%34.7%32.8%

Return vs Industry: SEAC underperformed the US Software industry which returned 34.7% over the past year.

Return vs Market: SEAC underperformed the US Market which returned 32.8% over the past year.

Price Volatility

Is SEAC's price volatile compared to industry and market?
SEAC volatility
SEAC Beta0.79
Industry Beta0.95
Market Beta1

Stable Share Price: SEAC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SEAC's weekly volatility has decreased from 19% to 5% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993152n/ahttps://www.seachange.com

SeaChange International, Inc. provides multiscreen, advertising, and premium over the top (OTT) video products and services that facilitate the aggregation, licensing, management, and distribution of video and advertising content worldwide. It offers video products, including SeaChange Adrenalin, a multiscreen video back office platform that enables service providers to manage, monetize, and deliver a seamless viewing experience across televisions, personal computers (PCs), tablets, smartphones, and other IP-enabled devices; MediaMaker, an OTT video cloud platform that enables operators, broadcasters, media companies, and content owners to ingest, manage, monetize, and distribute their content across networks and devices; and SeaChange AssetFlow, a content management solution, which is used to receive, manage, and publish content for viewing on televisions, tablets, PCs, and other consumer devices. The company also provides advertising products, such as SeaChange Infusion, an advertising platform to maximize advertising revenue across multiscreen, broadcast, on-demand, and OTT viewing.

SeaChange International Fundamentals Summary

How do SeaChange International's earnings and revenue compare to its market cap?
SEAC fundamental statistics
Market CapUS$52.96m
Earnings (TTM)-US$13.32m
Revenue (TTM)US$21.68m

2.4x

P/S Ratio

-4.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SEAC income statement (TTM)
RevenueUS$21.68m
Cost of RevenueUS$9.13m
Gross ProfitUS$12.56m
ExpensesUS$25.88m
Earnings-US$13.32m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.27
Gross Margin57.91%
Net Profit Margin-61.45%
Debt/Equity Ratio0%

How did SEAC perform over the long term?

See historical performance and comparison

Valuation

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

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: SEAC 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 SEAC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SEAC is good value based on its PB Ratio (1.2x) compared to the US Software industry average (7.8x).


Future Growth

How is SeaChange International forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

48.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: SEAC's revenue (22.6% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: SEAC's revenue (22.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has SeaChange International performed over the past 5 years?

30.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEAC is currently unprofitable.

Growing Profit Margin: SEAC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SEAC is unprofitable, but has reduced losses over the past 5 years at a rate of 30.1% per year.

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

Earnings vs Industry: SEAC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).


Return on Equity

High ROE: SEAC has a negative Return on Equity (-28.98%), as it is currently unprofitable.


Financial Health

How is SeaChange International's financial position?


Financial Position Analysis

Short Term Liabilities: SEAC's short term assets ($37.0M) exceed its short term liabilities ($9.1M).

Long Term Liabilities: SEAC's short term assets ($37.0M) exceed its long term liabilities ($2.7M).


Debt to Equity History and Analysis

Debt Level: SEAC is debt free.

Reducing Debt: SEAC had no debt 5 years ago.


Balance Sheet


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: SEAC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: SEAC has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 14.3% each year.


Dividend

What is SeaChange International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

0.7yrs

Average management tenure


CEO

SeaChange International has no CEO, or we have no data on them.


Leadership Team

Experienced Management: SEAC's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SEAC's board of directors are not considered experienced ( 0.6 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 been diluted in the past year, with total shares outstanding growing by 30.6%.


Top Shareholders

Company Information

SeaChange International, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SeaChange International, Inc.
  • Ticker: SEAC
  • Exchange: NasdaqGS
  • Founded: 1993
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$52.963m
  • Shares outstanding: 49.04m
  • Website: https://www.seachange.com

Number of Employees


Location

  • SeaChange International, Inc.
  • 177 Huntington Avenue
  • Suite 1703
  • Boston
  • Massachusetts
  • 2115
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:55
End of Day Share Price2021/09/27 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.