NasdaqGS:SEAC

Stock Analysis Report

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

Fundamentals

Adequate balance sheet and overvalued.

Risks

  • SeaChange International has significant price volatility in the past 3 months.
  • SeaChange International is covered by less than 3 analysts.

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


Market Performance


7 Day Return

-7.0%

NasdaqGS:SEAC

-3.0%

US Software

-1.0%

US Market


1 Year Return

-35.7%

NasdaqGS:SEAC

18.5%

US Software

-0.4%

US Market

SEAC underperformed the Software industry which returned 18.4% over the past year.

SEAC underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

SEACIndustryMarket
7 Day-7.0%-3.0%-1.0%
30 Day8.7%-3.8%-3.3%
90 Day55.8%1.5%0.8%
1 Year-35.7%-35.7%20.2%18.5%1.9%-0.4%
3 Year-42.6%-42.6%115.2%106.7%39.4%30.4%
5 Year-75.5%-75.5%160.8%141.9%54.2%37.1%

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 based on future cash flows and its price relative to the stock market?

1.49x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for SeaChange International to establish if it is available at moderate discount.

Unable to calculate intrinsic value for SeaChange International to establish if it is available at substantial discount.


Price Based on Earnings

SeaChange International is loss making, we can't compare its value to the US Software industry average.

SeaChange International is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for SeaChange International, we can't assess if its growth is good value.


Price Based on Value of Assets

SeaChange International is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

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

85.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

SeaChange International's revenue is expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).

SeaChange International is not considered high growth as it is expected to be loss making for the next 1-3 years.

SeaChange International's revenue growth is expected to exceed the United States of America market average.

Unable to compare SeaChange International's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare SeaChange International's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if SeaChange International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has SeaChange International performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

SeaChange International does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare SeaChange International's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare SeaChange International's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if SeaChange International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if SeaChange International has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if SeaChange International improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is SeaChange International's financial position?


Financial Position Analysis

SeaChange International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SeaChange International's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

SeaChange International has no debt.

SeaChange International has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

SeaChange International has no debt, it does not need to be covered by short term assets.


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.

SeaChange International has less than a year of cash runway based on current free cash flow.

SeaChange International has less than a year of cash runway if free cash flow continues to reduce at historical rates of -28% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate SeaChange International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate SeaChange International's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as SeaChange International has not reported any payouts.

Unable to verify if SeaChange International's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as SeaChange International has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of SeaChange International's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

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


Management Age and Tenure

2.1yrs

Average Tenure

50yo

Average Age

The tenure for the SeaChange International management team is about average.


Board Age and Tenure

0.5yrs

Average Tenure

53yo

Average Age

The average tenure for the SeaChange International board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by SeaChange International individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$189,83213 Jun 19
Mark Bonney
EntityIndividual
Role
Executive Chairman
Chairman of the Board
Shares126,749
Max PriceUS$1.54
BuyUS$29,40013 Jun 19
Robert Pons
EntityIndividual
Role
Member of the Board of Directors
Shares20,000
Max PriceUS$1.47
BuyUS$1,484,26502 Mar 19
Steven Singer
EntityIndividual
Shares955,987
Max PriceUS$1.55
BuyUS$1,502,03201 Mar 19
CCUR Holdings, Inc.
EntityCompany
Shares971,768
Max PriceUS$1.55
SellUS$182,75712 Feb 19
Neuberger Berman BD LLC
EntityCompany
Shares108,140
Max PriceUS$1.69
BuyUS$342,62312 Feb 19
Neuberger Berman BD LLC
EntityCompany
Shares201,543
Max PriceUS$1.70
BuyUS$82,38812 Feb 19
Steven Singer
EntityIndividual
Shares50,504
Max PriceUS$1.65
BuyUS$134,87606 Feb 19
Steven Singer
EntityIndividual
Shares85,908
Max PriceUS$1.57
BuyUS$599,16223 Jan 19
Steven Singer
EntityIndividual
Shares361,200
Max PriceUS$1.68
BuyUS$1,301,11122 Jan 19
Steven Singer
EntityIndividual
Shares819,132
Max PriceUS$1.70
BuyUS$1,29416 Jan 19
Steven Singer
EntityIndividual
Shares800
Max PriceUS$1.62
BuyUS$165,51610 Jan 19
Steven Singer
EntityIndividual
Shares104,840
Max PriceUS$1.60
BuyUS$7,52509 Jan 19
Steven Singer
EntityIndividual
Shares5,000
Max PriceUS$1.51
BuyUS$66,51708 Jan 19
Steven Singer
EntityIndividual
Shares45,660
Max PriceUS$1.46
BuyUS$63,90007 Jan 19
Steven Singer
EntityIndividual
Shares45,000
Max PriceUS$1.42
BuyUS$1,61102 Jan 19
Steven Singer
EntityIndividual
Shares1,300
Max PriceUS$1.24
BuyUS$3,07326 Dec 18
Steven Singer
EntityIndividual
Shares2,596
Max PriceUS$1.20
BuyUS$226,13221 Dec 18
Steven Singer
EntityIndividual
Shares188,235
Max PriceUS$1.21
BuyUS$31,55720 Dec 18
Steven Singer
EntityIndividual
Shares25,656
Max PriceUS$1.23
BuyUS$33,66419 Dec 18
Steven Singer
EntityIndividual
Shares27,385
Max PriceUS$1.23
BuyUS$68,78818 Dec 18
Steven Singer
EntityIndividual
Shares53,003
Max PriceUS$1.31
BuyUS$297,14514 Dec 18
Steven Singer
EntityIndividual
Shares222,463
Max PriceUS$1.36
BuyUS$17,70014 Sep 18
William Markey
EntityIndividual
Role
Member of the Board of Directors
Shares10,000
Max PriceUS$1.77
BuyUS$86,25012 Sep 18
Edward Terino
EntityIndividual
Shares50,000
Max PriceUS$1.73
BuyUS$48,73512 Sep 18
Royce Wilson
EntityIndividual
Shares28,500
Max PriceUS$1.71

Ownership Breakdown


Management Team

  • Mark Bonney (65yo)

    Executive Chairman

    • Compensation: $170.13k
  • Peter Faubert (48yo)

    CFO, Senior VP & Treasurer

    • Tenure: 3.1yrs
    • Compensation: $530.51k
  • Marek Kielczewski (42yo)

    CTO & Senior VP

    • Tenure: 1.1yrs
    • Compensation: $759.85k
  • Yossi Aloni (50yo)

    Chief Commercial Officer & Senior VP

    • Tenure: 0.6yrs
  • David McEvoy (61yo)

    General Counsel

    • Tenure: 7.1yrs
    • Compensation: $682.05k

Board Members

  • Jeff Tuder (46yo)

    Director

    • Tenure: 0.5yrs
  • Mark Bonney (65yo)

    Executive Chairman

    • Tenure: 0.3yrs
    • Compensation: $170.13k
  • Bob Pons (63yo)

    Director

    • Tenure: 0.5yrs
  • Andy Sriubas (50yo)

    Director

    • Tenure: 2.0yrs
    • Compensation: $158.50k
  • William Markey (53yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: $187.50k

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$68.380m
  • Shares outstanding: 36.57m
  • Website: Click here

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 Analysis2019/08/17 23:48
End of Day Share Price2019/08/16 00:00
Earnings2019/04/30
Annual Earnings2019/01/31


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.