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Electro Scientific Industries

Nasdaq:ESIO
Snowflake Description

Outstanding track record with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ESIO
Nasdaq
$1B
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide. The last earnings update was 5 days ago. More info.


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  • Electro Scientific Industries has significant price volatility in the past 3 months.
ESIO Share Price and Events
7 Day Returns
-0%
NasdaqGS:ESIO
2.1%
US Electronic
1.5%
US Market
1 Year Returns
60.4%
NasdaqGS:ESIO
-7.2%
US Electronic
-2.7%
US Market
ESIO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Electro Scientific Industries (ESIO) -0% 0.2% 1.7% 60.4% 347.6% 231.7%
US Electronic 2.1% 11.3% 1% -7.2% 70% 62.4%
US Market 1.5% 8.7% -0.8% -2.7% 44.9% 42.2%
1 Year Return vs Industry and Market
  • ESIO outperformed the Electronic industry which returned -7.2% over the past year.
  • ESIO outperformed the Market in United States of America which returned -2.7% over the past year.
Price Volatility
ESIO
Industry
5yr Volatility vs Market

Value

 Is Electro Scientific Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Electro Scientific Industries to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Electro Scientific Industries.

NasdaqGS:ESIO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ESIO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.019 (1 + (1- 21%) (1.25%))
1.029
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.029 * 7.27%)
10.21%

Discounted Cash Flow Calculation for NasdaqGS:ESIO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Electro Scientific Industries is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:ESIO DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 61.96 73.73 87.00 101.79 118.08
Source Est @ 20%, capped from 22.2% Est @ 19%, capped from 22.2% Est @ 18%, capped from 22.2% Est @ 17%, capped from 22.2% Est @ 16%, capped from 22.2%
Present Value
Discounted (@ 10.21%)
56.22 60.70 65.00 69.00 72.63
Present value of next 5 years cash flows $323.55
NasdaqGS:ESIO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $118.08 × (1 + 2.73%) ÷ (10.21% – 2.73%)
$1,621.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $1,621.95 ÷ (1 + 10.21%)5
$997.59
NasdaqGS:ESIO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $323.55 + $997.59
$1,321.14
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,321.14 / 34.42
$38.38
NasdaqGS:ESIO Discount to Share Price
Calculation Result
Value per share (USD) From above. $38.38
Current discount Discount to share price of $29.99
= -1 x ($29.99 - $38.38) / $38.38
21.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Electro Scientific Industries is available for.
Intrinsic value
22%
Share price is $29.99 vs Future cash flow value of $38.38
Current Discount Checks
For Electro Scientific Industries to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Electro Scientific Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Electro Scientific Industries's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Electro Scientific Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Electro Scientific Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ESIO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-29) in USD $3.74
NasdaqGS:ESIO Share Price ** NasdaqGS (2019-02-01) in USD $29.99
United States of America Electronic Industry PE Ratio Median Figure of 88 Publicly-Listed Electronic Companies 19.61x
United States of America Market PE Ratio Median Figure of 3,036 Publicly-Listed Companies 16.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Electro Scientific Industries.

NasdaqGS:ESIO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ESIO Share Price ÷ EPS (both in USD)

= 29.99 ÷ 3.74

8.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electro Scientific Industries is good value based on earnings compared to the US Electronic industry average.
  • Electro Scientific Industries is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Electro Scientific Industries's expected growth come at a high price?
Raw Data
NasdaqGS:ESIO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
-4.2%per year
United States of America Electronic Industry PEG Ratio Median Figure of 58 Publicly-Listed Electronic Companies 1.25x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

NasdaqGS:ESIO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 8.01x ÷ -4.2%

-1.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electro Scientific Industries earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Electro Scientific Industries's assets?
Raw Data
NasdaqGS:ESIO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-29) in USD $9.33
NasdaqGS:ESIO Share Price * NasdaqGS (2019-02-01) in USD $29.99
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 1.96x
United States of America Market PB Ratio Median Figure of 5,107 Publicly-Listed Companies 1.79x
NasdaqGS:ESIO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ESIO Share Price ÷ Book Value per Share (both in USD)

= 29.99 ÷ 9.33

3.22x

* Primary Listing of Electro Scientific Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Electro Scientific Industries is overvalued based on assets compared to the US Electronic industry average.
X
Value checks
We assess Electro Scientific Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Electro Scientific Industries has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Electro Scientific Industries expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-4.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Electro Scientific Industries expected to grow at an attractive rate?
  • Electro Scientific Industries's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Electro Scientific Industries's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Electro Scientific Industries's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ESIO Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:ESIO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts -4.2%
NasdaqGS:ESIO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 4.3%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 19.8%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ESIO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ESIO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 369 88 4
2019-03-31 342 72 4
NasdaqGS:ESIO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-29 378 84 129
2018-09-29 421 103 157
2018-06-30 406 70 144
2018-03-31 368 67 116
2017-12-30 304 40 23
2017-09-30 227 21 -20
2017-07-01 186 -5 -34
2017-04-01 161 -1 -37
2016-12-31 163 -3 -18
2016-10-01 172 4 -12
2016-07-02 189 14 -6
2016-04-02 184 5 -12
2016-01-02 170 -3 -37

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Electro Scientific Industries's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Electro Scientific Industries's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ESIO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Electro Scientific Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ESIO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31 2.32 2.71 2.02 4.00
2019-03-31 2.03 2.27 1.82 4.00
NasdaqGS:ESIO Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-29 3.74
2018-09-29 4.56
2018-06-30 4.22
2018-03-31 3.42
2017-12-30 0.69
2017-09-30 -0.61
2017-07-01 -1.04
2017-04-01 -1.15
2016-12-31 -0.54
2016-10-01 -0.39
2016-07-02 -0.19
2016-04-02 -0.39
2016-01-02 -1.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Electro Scientific Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Electro Scientific Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Electro Scientific Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Electro Scientific Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Electro Scientific Industries's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Electro Scientific Industries has delivered over 20% year on year earnings growth in the past 5 years.
  • Electro Scientific Industries's 1-year earnings growth exceeds its 5-year average (469.3% vs 68.4%)
  • Electro Scientific Industries's earnings growth has exceeded the US Electronic industry average in the past year (469.3% vs 21.8%).
Earnings and Revenue History
Electro Scientific Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Electro Scientific Industries Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ESIO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-29 377.88 129.41 41.47 36.86
2018-09-29 420.77 157.04 43.14 36.42
2018-06-30 405.82 144.46 43.95 35.54
2018-03-31 367.88 116.22 46.62 34.41
2017-12-30 304.41 23.21 49.28 33.83
2017-09-30 227.35 -20.45 51.52 33.54
2017-07-01 186.04 -34.39 52.64 33.02
2017-04-01 161.02 -37.41 52.70 31.72
2016-12-31 162.59 -17.53 50.15 30.95
2016-10-01 172.15 -12.43 49.34 30.86
2016-07-02 188.97 -6.01 49.11 31.39
2016-04-02 184.39 -12.26 49.75 32.40
2016-01-02 170.48 -37.15 49.76 33.92
2015-09-26 170.80 -38.94 49.62 34.53
2015-06-27 167.18 -41.92 48.99 34.67
2015-03-28 159.12 -43.81 48.53 35.17
2014-12-27 158.63 -48.50 45.28 35.88
2014-09-27 153.23 -46.77 45.35 37.26
2014-06-28 170.03 -43.30 49.20 38.56
2014-03-29 181.17 -38.33 51.60 37.84
2013-12-28 183.66 -76.45 54.78 36.32
2013-09-28 183.32 -65.04 54.07 35.28
2013-06-29 203.83 -57.06 52.54 36.09
2013-03-30 216.63 -54.72 53.09 37.20
2012-12-29 222.54 3.37 54.81 38.98
2012-09-29 234.42 -5.28 57.05 40.73
2012-06-30 236.15 -1.95 57.72 40.94
2012-03-31 254.23 4.90 58.56 42.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Electro Scientific Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Electro Scientific Industries used its assets more efficiently than the US Electronic industry average last year based on Return on Assets.
  • Electro Scientific Industries has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Electro Scientific Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Electro Scientific Industries has a total score of 6/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Electro Scientific Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Electro Scientific Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Electro Scientific Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Electro Scientific Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Electro Scientific Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 25x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Electro Scientific Industries Company Filings, last reported 1 month ago.

NasdaqGS:ESIO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-29 324.38 12.88 175.21
2018-09-29 316.40 12.98 178.19
2018-06-30 297.25 13.09 129.88
2018-03-31 266.36 13.19 123.91
2017-12-30 190.81 13.29 99.08
2017-09-30 153.61 13.39 80.78
2017-07-01 148.45 13.82 68.63
2017-04-01 144.53 13.92 62.39
2016-12-31 159.50 0.00 51.19
2016-10-01 167.57 0.00 56.19
2016-07-02 170.78 0.00 66.97
2016-04-02 170.03 0.00 57.67
2016-01-02 166.75 0.00 62.84
2015-09-26 169.79 0.00 60.25
2015-06-27 172.31 0.00 58.49
2015-03-28 177.32 0.00 57.61
2014-12-27 196.21 0.00 79.63
2014-09-27 204.51 0.00 97.80
2014-06-28 212.01 0.00 106.33
2014-03-29 222.88 0.00 106.91
2013-12-28 251.55 0.00 123.47
2013-09-28 256.96 0.00 121.87
2013-06-29 260.20 0.00 124.03
2013-03-30 264.14 0.00 145.06
2012-12-29 329.99 0.00 142.60
2012-09-29 382.47 0.00 172.66
2012-06-30 378.02 1.82 184.92
2012-03-31 378.67 0.00 176.45
  • Electro Scientific Industries's level of debt (4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 4% today).
  • Debt is well covered by operating cash flow (652.2%, greater than 20% of total debt).
  • Electro Scientific Industries earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Electro Scientific Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Electro Scientific Industries has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Electro Scientific Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Electro Scientific Industries dividends.
If you bought $2,000 of Electro Scientific Industries shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Electro Scientific Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Electro Scientific Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ESIO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1992 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ESIO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31
NasdaqGS:ESIO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2016-11-09 0.000 0.000
2016-11-01 0.000 0.000
2016-08-09 0.000 0.000
2016-08-02 0.000 0.000
2016-06-15 0.000 0.000
2016-05-10 0.000 0.000
2016-02-09 0.000 0.000
2016-02-02 0.000 0.000
2015-11-04 0.000 0.000
2015-10-28 0.000 0.000
2015-08-06 0.000 0.000
2015-07-29 0.000 0.000
2015-02-23 0.000 0.000
2014-11-19 0.320 4.492
2014-08-22 0.320 4.549
2014-08-07 0.320 4.634
2014-07-31 0.320 4.774
2014-02-14 0.320 4.055
2013-11-08 0.320 3.170
2013-08-09 0.320 2.840
2013-05-14 0.320 2.805
2013-02-07 0.320 2.944
2013-02-05 0.320 2.942
2012-08-10 0.320 2.860
2012-05-10 0.320 2.730
2011-12-13 0.320 2.184

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Electro Scientific Industries has not reported any payouts.
  • Unable to verify if Electro Scientific Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Electro Scientific Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Electro Scientific Industries 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.
X
Income/ dividend checks
We assess Electro Scientific Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Electro Scientific Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Electro Scientific Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Electro Scientific Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Electro Scientific Industries has no CEO, or we have no data on them.
Management Team Tenure

Average tenure of the Electro Scientific Industries management team in years:

4.8
Average Tenure
  • The tenure for the Electro Scientific Industries management team is about average.
Management Team

Seth Bagshaw

TITLE
President

Brian Smith

TITLE
Director of Investor Relations
TENURE
10.7 yrs

Tracey Jerijervi

TITLE
Vice President of Human Resources & Organizational Development
TENURE
4.8 yrs

Aric McKinnis

TITLE
Corporate Controller
AGE
35
TENURE
3.2 yrs

Kathleen Burke

TITLE
Secretary & Director
Board of Directors Tenure

Average tenure of the Electro Scientific Industries board of directors in years:

12
Average Tenure
  • The average tenure for the Electro Scientific Industries board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Kathleen Burke

TITLE
Secretary & Director

Skip Porter

TITLE
Member of Scientific Advisory Board
COMPENSATION
$124K
AGE
76

Seth Bagshaw

TITLE
President

Steven Vogt

TITLE
Member of Scientific Advisory Board
TENURE
12 yrs

John Carruthers

TITLE
Member of Scientific Advisory Board
TENURE
12 yrs

Yu-Chong Tai

TITLE
Member of Scientific Advisory Board
TENURE
12 yrs

Tom Baer

TITLE
Member of Scientific Advisory Board
TENURE
12 yrs

Ming Wu

TITLE
Member of Scientific Advisory Board
TENURE
11.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Nov 18 Sell Magnetar Capital, LLC Company 02. Oct 18 02. Nov 18 -4,676 $29.09 $-120,847
13. Nov 18 Buy Magnetar Capital, LLC Company 02. Oct 18 06. Nov 18 2,331,926 $29.31 $66,257,726
X
Management checks
We assess Electro Scientific Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Electro Scientific Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Understanding Your Return On Investment In Electro Scientific Industries Inc (NASDAQ:ESIO)

and want to begin learning the link between Electro Scientific Industries Inc (NASDAQ:ESIO)’s return fundamentals and stock market performance. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Electro Scientific Industries, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

How Electro Scientific Industries Inc (NASDAQ:ESIO) Delivered A Better ROE Than Its Industry

Electro Scientific Industries has a ROE of 49%, based on the last twelve months. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.49 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

What Do You Get For Owning Electro Scientific Industries Inc (NASDAQ:ESIO)?

and looking to gauge the potential return on investment in Electro Scientific Industries Inc (NASDAQ:ESIO). … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Thus, to understand how your money can grow by investing in Electro Scientific Industries, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Should You Buy Electro Scientific Industries Inc (NASDAQ:ESIO) At US$22.49?

Electro Scientific Industries Inc (NASDAQ:ESIO), a electronic company based in United States,. … As a stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Today I will analyse the most recent data on Electro Scientific Industries’s outlook and valuation to see if the opportunity still exists

Simply Wall St -

An Intrinsic Calculation For Electro Scientific Industries Inc (NASDAQ:ESIO) Shows It's 34.58% Undervalued

How far off is Electro Scientific Industries Inc (NASDAQ:ESIO) from its intrinsic value? … by taking the expected future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Can Electro Scientific Industries Inc's (NASDAQ:ESIO) ROE Continue To Surpass The Industry Average?

and looking to gauge the potential return on investment in Electro Scientific Industries Inc (NASDAQ:ESIO). … With an ROE of 43.63%, Electro Scientific Industries Inc (NASDAQ:ESIO) outpaced its own industry which delivered a less exciting 10.81% over the past year. … If ESIO borrows debt to invest in its business, its profits will be higher.

Simply Wall St -

Is Electro Scientific Industries Inc (NASDAQ:ESIO) A Buy At Its Current PE Ratio?

and want to better understand how you can grow your money by investing in Electro Scientific Industries Inc (NASDAQ:ESIO). … Electro Scientific Industries Inc (NASDAQ:ESIO) trades with a trailing P/E of 5.4x, which is lower than the industry average of 22.9x. … View out our latest analysis for Electro Scientific Industries

Simply Wall St -

Is Electro Scientific Industries Inc (NASDAQ:ESIO) Undervalued?

Electro Scientific Industries Inc (NASDAQ:ESIO), a electronic company based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NasdaqGS. … According to my valuation model, Electro Scientific Industries seems to be fairly priced at around 14% above my intrinsic value, which means if you buy Electro Scientific Industries today, you’d be paying a relatively reasonable price for it. … In addition to this, it seems like Electro Scientific Industries’s share price is quite stable, which could mean there may be less chances to buy low in the future now that it’s fairly valued.

Simply Wall St -

Is There Now An Opportunity In Electro Scientific Industries Inc (NASDAQ:ESIO)?

Electro Scientific Industries Inc (NASDAQ:ESIO), a electronic company based in United States, received a lot of attention from a substantial price increase on the NasdaqGS over the last few months. … Another thing to keep in mind is that Electro Scientific Industries’s share price is quite stable relative to the rest of the market, as indicated by its low beta. … If you believe Electro Scientific Industries should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable.

Simply Wall St -

Electro Scientific Industries Inc (NASDAQ:ESIO): Should The Recent Earnings Drop Worry You?

When Electro Scientific Industries Inc (NASDAQ:ESIO) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … For Electro Scientific Industries, its most recent trailing-twelve-month earnings is -$20.5M, which, against the previous year's level, has become more negative. … Though Electro Scientific Industries's past data is helpful, it is only one aspect of my investment thesis.

Simply Wall St -

Company Info

Map
Description

Electro Scientific Industries, Inc., together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide. The company provides printed circuit board laser drilling products, including laser via drilling systems for electrical interconnect applications that require dimensions to create electrical connections between layers in flexible circuits, high-density circuit boards, and interconnect packages; micro via drilling technology that addresses the changing applications in interconnect packages, multichip modules, and high density interconnect circuit boards; and ultraviolet laser processing systems that employ technology in lasers, optics, and motion control. It also offers semiconductor manufacturing products comprising wafer marking equipment for use in serialization and wafer identification; wafer and circuit trim tools that adjust the electrical performance of semiconductor devices or hybrid circuits; and memory yield improvement systems and related laser upgrades. In addition, the company provides component test products that combine high-speed small parts handling technology with real-time control systems to provide inspection solutions for manufacturers of multilayer ceramic capacitors and other passive components, such as capacitor arrays, inductors, resistors, varistors, and hybrid circuits. Further, it offers industrial machining products, such as platforms for precision drilling, scribing, cutting, etching, routing, and marking various materials and devices; and laser systems to manufacturers of end devices for drilling, marking, and cutting. The company sells its products through direct sales and service offices, value-added resellers, and independent representatives. Electro Scientific Industries, Inc. was founded in 1944 and is headquartered in Portland, Oregon.

Details
Name: Electro Scientific Industries, Inc.
ESIO
Exchange: NasdaqGS
Founded: 1944
$1,032,326,606
34,422,361
Website: http://www.esi.com
Address: Electro Scientific Industries, Inc.
13900 NW Science Park Drive,
Portland,
Oregon, 97229,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ESIO Common Stock Nasdaq Global Select US USD 18. Oct 1983
DB ESI Common Stock Deutsche Boerse AG DE EUR 18. Oct 1983
Number of employees
Current staff
Staff numbers
615
Electro Scientific Industries employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/04 00:48
End of day share price update: 2019/02/01 00:00
Last estimates confirmation: 2018/10/31
Last earnings filing: 2019/01/30
Last earnings reported: 2018/12/29
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.