NasdaqGS:XPER

Stock Analysis Report

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Executive Summary

Xperi Holding Corporation invents, develops, and delivers various technologies worldwide. More Details


Snowflake Analysis

Undervalued with mediocre balance sheet.


Similar Companies

Share Price & News

How has Xperi Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XPER is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: XPER's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.8%

XPER

-6.3%

US Software

-3.6%

US Market


1 Year Return

22.7%

XPER

51.0%

US Software

36.5%

US Market

Return vs Industry: XPER underperformed the US Software industry which returned 51% over the past year.

Return vs Market: XPER underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

XPERIndustryMarket
7 Day-2.8%-6.3%-3.6%
30 Day9.6%-0.2%2.7%
90 Day10.6%4.8%7.5%
1 Year26.6%22.7%52.0%51.0%39.5%36.5%
3 Year5.6%-5.0%129.6%122.8%53.5%43.6%
5 Year-17.3%-29.7%285.6%265.1%117.5%93.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Xperi Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: XPER ($21.1) is trading below our estimate of fair value ($49.29)

Significantly Below Fair Value: XPER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: XPER is good value based on its PE Ratio (11.9x) compared to the US Software industry average (48.3x).

PE vs Market: XPER is good value based on its PE Ratio (11.9x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: XPER's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: XPER is good value based on its PB Ratio (1.5x) compared to the US Software industry average (9.3x).


Next Steps

Future Growth

How is Xperi Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-64.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XPER's earnings are forecast to decline over the next 3 years (-64.4% per year).

Earnings vs Market: XPER's earnings are forecast to decline over the next 3 years (-64.4% per year).

High Growth Earnings: XPER's earnings are forecast to decline over the next 3 years.

Revenue vs Market: XPER's revenue (3.2% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: XPER's revenue (3.2% 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 XPER's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Xperi Holding performed over the past 5 years?

-25.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XPER has high quality earnings.

Growing Profit Margin: XPER became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: XPER's earnings have declined by 25.1% per year over the past 5 years.

Accelerating Growth: XPER has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: XPER has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (16%).


Return on Equity

High ROE: XPER's Return on Equity (9.9%) is considered low.


Next Steps

Financial Health

How is Xperi Holding's financial position?


Financial Position Analysis

Short Term Liabilities: XPER's short term assets ($546.3M) exceed its short term liabilities ($224.7M).

Long Term Liabilities: XPER's short term assets ($546.3M) do not cover its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: XPER's debt to equity ratio (56.6%) is considered high.

Reducing Debt: Insufficient data to determine if XPER's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: XPER's debt is well covered by operating cash flow (52%).

Interest Coverage: XPER's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Xperi Holding current dividend yield, its reliability and sustainability?

0.95%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: XPER's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: XPER's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (3.77%).


Stability and Growth of Payments

Stable Dividend: XPER has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: XPER has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.2%), XPER's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Jon Kirchner (52 yo)

0.67

Tenure

US$3,675,715

Compensation

Mr. Jon E. Kirchner has been the Chief Executive Officer and Director of Xperi Corporation since June 2017. He serves as Chief Executive Officer since June 2020 and has been its Director since June 2020 of...


CEO Compensation Analysis

Compensation vs Market: Jon's total compensation ($USD3.68M) is about average for companies of similar size in the US market ($USD3.68M).

Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jon Kirchner
CEO & Director0.67yrUS$3.68m0.53%
$ 11.9m
Robert Andersen
Chief Financial Officer0.67yrUS$1.99m0.19%
$ 4.2m
Paul Davis
Chief Legal Officer & Corporate Secretary0.67yrUS$1.39m0.11%
$ 2.5m
Geir Skaaden
Chief Products & Services Officer0.67yrUS$1.45m0.15%
$ 3.4m
Murali Dharan
President & COO of Perceive1.08yrsUS$1.78mno data
Geri Weinfeld
Vice President Investor Relationsno datano datano data
John Pernin
Chief Strategy & Corporate Development Officer0.67yrno datano data
Kris Graves
Chief Human Resources Officer0.67yrno datano data
Samir Armaly
President of IP Licensing0.67yrno data0.16%
$ 3.6m
Petronel Bigioi
Chief Technology Officer of Product0.67yrno datano data
Matthew Milne
Chief Revenue Officer0.67yrno data0.13%
$ 2.8m
Steven Teig
CEO of Perceive & Advisor of Office of the CTO0.083yrno datano data

0.7yrs

Average Tenure

52yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Jon Kirchner
CEO & Director0.67yrUS$3.68m0.53%
$ 11.9m
Daniel Moloney
Director0.67yrno data0.036%
$ 795.6k
Christopher Seams
Director0.67yrUS$231.99k0.059%
$ 1.3m
Laura Durr
Director0.67yrno data0.022%
$ 485.8k
David Habiger
Chairman0.67yrUS$219.99k0.045%
$ 1.0m
Raghavendra Rau
Director0.67yrno data0.13%
$ 3.0m
Darcy Antonellis
Director0.67yrUS$205.32k0.023%
$ 514.6k

0.7yrs

Average Tenure

58yo

Average Age

Experienced Board: XPER's board of directors are not considered experienced ( 0.7 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 substantially diluted in the past year, with total shares outstanding growing by 112%.


Top Shareholders

Company Information

Xperi Holding Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Xperi Holding Corporation
  • Ticker: XPER
  • Exchange: NasdaqGS
  • Founded: 2019
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: US$2.230b
  • Shares outstanding: 105.71m
  • Website: https://www.xperi.com

Number of Employees


Location

  • Xperi Holding Corporation
  • 3025 Orchard Parkway
  • San Jose
  • California
  • 95134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XPERNasdaqGS (Nasdaq Global Select)YesNew Common StockUSUSDNov 2003
4YGDB (Deutsche Boerse AG)YesNew Common StockDEEURNov 2003
0M2ALSE (London Stock Exchange)YesNew Common StockGBUSDNov 2003

Biography

Xperi Holding Corporation invents, develops, and delivers various technologies worldwide. Its technologies that enable extraordinary experiences are integrated into consumer devices, media platforms, and s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 23:14
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.