TiVo Corporation provides media and entertainment products for the consumer entertainment industry worldwide.
Adequate balance sheet with moderate growth potential.
Share Price & News
How has TiVo's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TIVO has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TIVO underperformed the US Software industry which returned 26.1% over the past year.
Return vs Market: TIVO underperformed the US Market which returned 10.5% over the past year.
Price Volatility Vs. Market
How volatile is TiVo's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIf You Had Bought TiVo (NASDAQ:TIVO) Stock Five Years Ago, You'd Be Sitting On A 67% Loss, Today
3 months ago | Simply Wall StTiVo Corporation Just Released Its Third-Quarter And Analysts Have Been Updating Their Estimates
4 months ago | Simply Wall StShould TiVo Corporation (NASDAQ:TIVO) Be Part Of Your Income Portfolio?
Is TiVo 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: TIVO ($7.99) is trading above our estimate of fair value ($6.6)
Significantly Below Fair Value: TIVO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TIVO is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: TIVO 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 TIVO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TIVO is good value based on its PB Ratio (0.9x) compared to the US Software industry average (5.6x).
How is TiVo 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: TIVO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: TIVO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TIVO's is expected to become profitable in the next 3 years.
Revenue vs Market: TIVO's revenue (2.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: TIVO's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TIVO's Return on Equity is forecast to be low in 3 years time (12%).
How has TiVo performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIVO is currently unprofitable.
Growing Profit Margin: TIVO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TIVO is unprofitable, and losses have increased over the past 5 years at a rate of -70.7% per year.
Accelerating Growth: Unable to compare TIVO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TIVO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21%).
Return on Equity
High ROE: TIVO has a negative Return on Equity (-37.75%), as it is currently unprofitable.
How is TiVo's financial position?
Financial Position Analysis
Short Term Liabilities: TIVO's short term assets ($613.2M) exceed its short term liabilities ($520.3M).
Long Term Liabilities: TIVO's short term assets ($613.2M) do not cover its long term liabilities ($788.6M).
Debt to Equity History and Analysis
Debt Level: TIVO's debt to equity ratio (92.4%) is considered high.
Reducing Debt: TIVO's debt to equity ratio has reduced from 101.1% to 92.4% over the past 5 years.
Inventory Level: TIVO has a low level of unsold assets or inventory.
Debt Coverage by Assets: TIVO's debt is not covered by short term assets (assets are 0.6x debt).
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: Whilst unprofitable TIVO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TIVO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -8.8% per year.
What is TiVo's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TIVO's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIVO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TIVO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TIVO'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
Dave Shull (46yo)
Mr. David Shull, also known as Dave, has been President, Chief Executive Officer and Director of TiVo Corporation since May 31, 2019. Mr. Shull has deep experience in the Pay-TV, OTT and digital media fiel ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD5.45M) is above average for companies of similar size in the US market ($USD2.57M).
Compensation vs Earnings: Insufficient data to compare Dave's compensation with company performance.
|Chief Financial Officer||0.2yrs||US$819.02k||0.036% $371.1k|
|Senior VP & Chief Revenue Officer||3.1yrs||US$2.49m||0.054% $554.9k|
|Senior VP & GM of User Experience||4.5yrs||US$2.26m||0.033% $339.6k|
|Executive VP & Chief Intellectual Property Officer||2.5yrs||US$2.40m||0.024% $245.2k|
|Investor Relations Professional||6.1yrs||no data||no data|
|Executive VP||6.2yrs||US$1.59m||0.089% $903.7k|
|Vice President of Corporate Communications||0.3yrs||no data||no data|
|Executive Vice President of Strategy & Corporate Development||5.4yrs||no data||no data|
Experienced Management: TIVO's management team is considered experienced (2.8 years average tenure).
|Independent Director||4.4yrs||US$215.00k||0.077% $786.0k|
|Independent Chairman of the Board||4.6yrs||US$256.01k||0.096% $977.2k|
|Independent Director||3.4yrs||US$205.01k||0.040% $405.0k|
|Independent Director||11.8yrs||US$222.44k||0.068% $687.8k|
|Vice Chairperson of the Board||0.8yrs||US$3.01m||0.22% $2.3m|
|Independent Director||4.8yrs||US$219.49k||0.080% $810.8k|
Experienced Board: TIVO's board of directors are considered experienced (3.4 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.
TiVo Corporation's company bio, employee growth, exchange listings and data sources
- Name: TiVo Corporation
- Ticker: TIVO
- Exchange: NasdaqGS
- Founded: 1983
- Industry: Systems Software
- Sector: Software
- Market Cap: US$1.019b
- Shares outstanding: 127.50m
- Website: https://business.tivo.com
Number of Employees
- TiVo Corporation
- 2160 Gold Street
- San Jose
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TIVO||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1997|
|3T3||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1997|
TiVo Corporation provides media and entertainment products for the consumer entertainment industry worldwide. The company operates in two segments, Product and Intellectual Property Licensing. The Product segment offers platform solutions, such as TiVo Service Platform, a cloud-based service that powers the TiVo Service client software, which operates on set-top boxes in consumer homes, as well as applications that operate on third party software platforms, such as iOS and Android; user experience solutions that allow service providers to customize elements of the interactive program guides for their customers, as well as to upgrade their programming features and services under the G-GUIDE brand; and CubiTV and TiVo Lite middleware solutions for pay TV service providers comprising cable, satellite, terrestrial, and telecommunications operators. It also provides software and services, including metadata, personalized content discovery and natural language voice, advanced media and advertising, and analog content protection services. As of December 31, 2017, this segment provided platform solutions to 22 million pay TV and consumer households. The Intellectual Property Licensing segment licenses its patent portfolio to the United States and international pay-television providers, mobile device manufacturers, consumer electronics manufacturers, and over-the-top video providers. The company was formerly known as Rovi Corporation and changed its name to TiVo Corporation in September 2016. TiVo Corporation was founded in 1983 and is based in San Jose, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 01:33|
|End of Day Share Price||2020/02/25 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.