NasdaqGM:IDSY

Stock Analysis Report

Executive Summary

PowerFleet, Inc. provides subscription-based wireless Internet of Things and machine-to-machine solutions.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

How has I.D. Systems's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.4%

IDSY

2.4%

US Electronic

0.07%

US Market


1 Year Return

-14.9%

IDSY

16.3%

US Electronic

8.9%

US Market

Return vs Industry: IDSY underperformed the US Electronic industry which returned 16.3% over the past year.

Return vs Market: IDSY underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

IDSYIndustryMarket
7 Day1.4%2.4%0.07%
30 Day2.9%3.7%-0.3%
90 Day-1.6%2.3%-1.6%
1 Year-14.9%-14.9%17.5%16.3%11.3%8.9%
3 Year8.1%8.1%55.8%51.4%46.3%36.8%
5 Year-17.4%-17.4%83.7%74.7%62.1%44.3%

Price Volatility Vs. Market

How volatile is I.D. Systems's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is I.D. Systems undervalued compared to its fair value and its price relative to the market?

3.58x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IDSY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IDSY's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IDSY is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: IDSY 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 IDSY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IDSY is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (2x).


Next Steps

Future Growth

How is I.D. Systems forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

168.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IDSY is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: IDSY is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: IDSY is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: IDSY's revenue (43.8% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: IDSY's revenue (43.8% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if IDSY's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has I.D. Systems performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: IDSY is unprofitable, but has reduced losses over the past 5 years at a rate of 18.5% per year.

Accelerating Growth: Unable to compare IDSY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IDSY is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (58.6%).


Return on Equity

High ROE: IDSY has a negative Return on Equity (-30.46%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: IDSY is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: IDSY is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is I.D. Systems's financial position?


Financial Position Analysis

Short Term Liabilities: IDSY's short term assets ($33.9M) exceeds its short term liabilities ($21.8M)

Long Term Liabilities: IDSY's short term assets (33.9M) exceeds its long term liabilities (10.8M)


Debt to Equity History and Analysis

Debt Level: IDSY is debt free.

Reducing Debt: IDSY had no debt 5 years ago.


Balance Sheet

Inventory Level: IDSY has a low level of unsold assets or inventory.

Debt Coverage by Assets: IDSY's debt is covered by short term assets (assets are 7.6435092875733E+16x 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: IDSY has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: IDSY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -21.4% each year


Next Steps

Dividend

What is I.D. Systems's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate IDSY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate IDSY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if IDSY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IDSY'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 IDSY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of I.D. Systems's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Chris Wolfe (61yo)

2.8yrs

Tenure

US$931,288

Compensation

Mr. Chris Adam Wolfe has been the Chief Executive Officer of ID Systems Inc. since December 7, 2016 and served as its Chief Product Officer from August 4, 2016 to December 6, 2016. Mr. Wolfe worked as an I ...


CEO Compensation Analysis

Compensation vs. Market: Chris's total compensation ($USD931.29K) is about average for companies of similar size in the US market ($USD509.30K).

Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

4.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: IDSY's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

2.6yrs

Average Tenure

56yo

Average Age

Experienced Board: IDSY's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$7,06003 Sep 19
Emancipation Capital LLC
EntityCompany
Shares1,344
Max PriceUS$5.25
BuyUS$97,83529 May 19
Chris Wolfe
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares19,000
Max PriceUS$5.15
BuyUS$11,74608 May 19
Chris Wolfe
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares2,100
Max PriceUS$5.69
BuyUS$51,03403 May 19
Cannell Capital LLC
EntityCompany
Shares9,060
Max PriceUS$5.63
BuyUS$14,72519 Mar 19
Christopher Formant
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,500
Max PriceUS$5.89
BuyUS$502,04718 Mar 19
Cannell Capital LLC
EntityCompany
Shares83,290
Max PriceUS$6.03
BuyUS$61,20116 Mar 19
Emancipation Capital LLC
EntityCompany
Shares10,000
Max PriceUS$6.12
BuyUS$49,43715 Mar 19
Michael Brodsky
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares8,000
Max PriceUS$6.25
BuyUS$63,71314 Mar 19
Chris Wolfe
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares10,600
Max PriceUS$6.03
BuyUS$380,97404 Feb 19
Cannell Capital LLC
EntityCompany
Shares62,466
Max PriceUS$6.10
BuyUS$757,82330 Jan 19
Cannell Capital LLC
EntityCompany
Shares126,896
Max PriceUS$5.97
BuyUS$54,71225 Jan 19
Cannell Capital LLC
EntityCompany
Shares9,138
Max PriceUS$6.04
BuyUS$509,55522 Jan 19
Cannell Capital LLC
EntityCompany
Shares85,283
Max PriceUS$5.98
BuyUS$172,46631 Dec 18
Cannell Capital LLC
EntityCompany
Shares31,452
Max PriceUS$5.56
BuyUS$639,42026 Dec 18
Cannell Capital LLC
EntityCompany
Shares123,501
Max PriceUS$5.28
BuyUS$224,34011 Dec 18
Cannell Capital LLC
EntityCompany
Shares37,220
Max PriceUS$6.03
SellUS$5,340,02611 Dec 18
Neil Subin
EntityIndividual
Shares920,710
Max PriceUS$5.80
SellUS$6,904,55511 Dec 18
Milfam LLC
EntityCompany
Shares1,190,461
Max PriceUS$5.80
SellUS$157,35607 Dec 18
Milfam LLC
EntityCompany
Shares24,752
Max PriceUS$6.36
SellUS$113,68807 Dec 18
Neil Subin
EntityIndividual
Shares17,883
Max PriceUS$6.36

Ownership Breakdown


Management Team

  • Ned Mavrommatis (48yo)

    CFO, Treasurer & Corporate Secretary

    • Tenure: 20.2yrs
    • Compensation: US$770.53k
  • Michael Ehrman (47yo)

    Consultant

    • Tenure: 0.6yrs
    • Compensation: US$510.50k
  • Rick Muntz (66yo)

    Vice President of Strategic Accounts

    • Tenure: 12.6yrs
    • Compensation: US$533.06k
  • Chris Wolfe (61yo)

    CEO & Director

    • Tenure: 2.8yrs
    • Compensation: US$931.29k
  • Roger Tenney

    Senior Vice President of Client Services

    • Tenure: 5.6yrs
  • Craig Montgomery

    Senior Vice President of Strategy

    • Tenure: 0yrs
  • Curt Lloyd

    Executive Vice President of Operations

    • Tenure: 3.9yrs

Board Members

  • Mike Casey (56yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$141.08k
  • Chris Formant (66yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$241.73k
  • Charlie Frumberg

    Director

    • Tenure: 1.3yrs
    • Compensation: US$228.60k
  • Chris Wolfe (61yo)

    CEO & Director

    • Tenure: 2.8yrs
    • Compensation: US$931.29k
  • Kenneth Brakebill (49yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$133.08k
  • Michael Brodsky (51yo)

    Independent Chairman of the Board

    • Tenure: 2.8yrs
    • Compensation: US$159.08k

Company Information

PowerFleet, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PowerFleet, Inc.
  • Ticker: IDSY
  • Exchange: NasdaqGM
  • Founded: 1993
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$96.302m
  • Shares outstanding: 17.83m
  • Website: https://www.powerfleet.com

Number of Employees


Location

  • PowerFleet, Inc.
  • 123 Tice Boulevard
  • Suite 100
  • Woodcliff Lake
  • New Jersey
  • 7677
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
IDSYNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJun 1999

Biography

I.D. Systems, Inc. develops, markets, and sells wireless machine-to-machine solutions primarily in North America. The company provides integrated wireless solutions that utilize radio frequency identificat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/03 23:36
End of Day Share Price2019/10/03 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.