NasdaqGS:SEAC

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Executive Summary

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 television advertising content worldwide.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has SeaChange International's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0.7%

SEAC

-1.3%

US Software

0.5%

US Market


1 Year Return

-20.3%

SEAC

41.0%

US Software

18.0%

US Market

Return vs Industry: SEAC underperformed the US Software industry which returned 41% over the past year.

Return vs Market: SEAC underperformed the US Market which returned 18% over the past year.


Shareholder returns

SEACIndustryMarket
7 Day0.7%-1.3%0.5%
30 Day0%1.0%4.5%
90 Day-42.2%15.0%19.7%
1 Year-20.3%-20.3%41.8%41.0%20.5%18.0%
3 Year-42.0%-42.0%150.1%142.1%46.3%36.8%
5 Year-74.5%-74.5%267.3%246.1%87.2%66.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.27x

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 (1.3x) compared to the US Software industry average (7.4x).


Next Steps

Future Growth

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

85.0%

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 is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: SEAC's revenue is forecast to decline over the next 3 years (-0.6% 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


Next Steps

Past Performance

How has SeaChange International performed over the past 5 years?

21.2%

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 21.2% 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 (11.5%).


Return on Equity

High ROE: SEAC has a negative Return on Equity (-10.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is SeaChange International's financial position?


Financial Position Analysis

Short Term Liabilities: SEAC's short term assets ($37.1M) exceed its short term liabilities ($16.0M).

Long Term Liabilities: SEAC's short term assets ($37.1M) exceed its long term liabilities ($5.8M).


Debt to Equity History and Analysis

Debt Level: SEAC is debt free.

Reducing Debt: SEAC has not had any debt for past 5 years.


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 less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SEAC has less than a year of cash runway if free cash flow continues to grow at historical rates of 4.6% each year.


Next Steps

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?

1.0yrs

Average management tenure


CEO

Yossi Aloni (51 yo)

1

Tenure

US$1,042,604

Compensation

Mr. Yossi Aloni serves as the Chief Executive Officer & President of SeaChange International, Inc since August 29, 2019 and serves as Director since November 2019. Mr. Aloni previously served as the Senio ...


CEO Compensation Analysis

Compensation vs Market: Yossi's total compensation ($USD1.04M) is above average for companies of similar size in the US market ($USD589.30K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yosef Aloni
CEO, President & Director1yrUS$1.04m0.060%
$ 33.4k
Michael Prinn
CFO, Senior VP & Treasurer0.83yrUS$495.86kno data
Marek Kielczewski
CTO & Senior VP1.75yrsUS$682.52k1.06%
$ 591.8k
Chad Hassler
Chief Commercial Officer & Senior VP1yrUS$685.75kno data

1.0yrs

Average Tenure

46.5yo

Average Age

Experienced Management: SEAC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yosef Aloni
CEO, President & Director1yrUS$1.04m0.060%
$ 33.4k
Jeffrey Tuder
Independent Director1.5yrsUS$558.50k0.48%
$ 268.5k
Robert Pons
Independent Chairman0.67yrUS$556.02k0.47%
$ 263.8k
Andrew Sriubas
Independent Director3yrsUS$264.88k0.48%
$ 269.0k
Julian Singer
Director0.083yrno datano data

0.8yrs

Average Tenure

51yo

Average Age

Experienced Board: SEAC's board of directors are not considered experienced ( 0.8 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 2.6%.


Top Shareholders

Company Information

SeaChange International, Inc.'s company bio, 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$55.917m
  • Shares outstanding: 37.53m
  • Website: https://www.seachange.com

Number of Employees


Location

  • SeaChange International, Inc.
  • 50 Nagog Park
  • Acton
  • Massachusetts
  • 1720
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SEACNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1996
SI2DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1996

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 05:34
End of Day Share Price2020/08/14 00:00
Earnings2020/04/30
Annual Earnings2020/01/31


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.