NasdaqGM:IDSY

Stock Analysis Report

Executive Summary

I.D. Systems, Inc. develops, markets, and sells wireless machine-to-machine solutions primarily in North America.

Snowflake

Fundamentals

Flawless balance sheet with high growth potential.


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

10.3%

NasdaqGM:IDSY

4.0%

US Electronic

1.3%

US Market


1 Year Return

-2.6%

NasdaqGM:IDSY

-0.5%

US Electronic

2.0%

US Market

IDSY underperformed the Electronic industry which returned -0.7% over the past year.

IDSY underperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

IDSYIndustryMarket
7 Day10.3%4.0%1.3%
30 Day5.7%9.4%3.9%
90 Day7.1%6.5%3.4%
1 Year-2.6%-2.6%0.5%-0.5%4.2%2.0%
3 Year17.8%17.8%58.2%53.8%47.2%37.6%
5 Year-18.8%-18.8%69.2%60.9%60.5%42.9%

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

3.77x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for I.D. Systems to establish if it is available at moderate discount.

Unable to calculate intrinsic value for I.D. Systems to establish if it is available at substantial discount.


Price Based on Earnings

I.D. Systems is loss making, we can't compare its value to the US Electronic industry average.

I.D. Systems 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 I.D. Systems, we can't assess if its growth is good value.


Price Based on Value of Assets

I.D. Systems is overvalued based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is I.D. Systems expected 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 Estimates


Future Annual Growth Analysis

I.D. Systems's revenue is expected to grow significantly at over 20% yearly.

I.D. Systems's earnings are expected to grow significantly at over 20% yearly.

I.D. Systems's revenue growth is expected to exceed the United States of America market average.

I.D. Systems's earnings growth is expected to exceed the United States of America market average.

I.D. Systems's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


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

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

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

Unable to compare I.D. Systems's 1-year growth to the US Electronic industry average as it is not currently profitable.


Return on Equity

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


Return on Capital Employed

It is difficult to establish if I.D. Systems 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 I.D. Systems's financial position?


Financial Position Analysis

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

I.D. Systems's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

I.D. Systems's level of debt (0%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (0% vs 0% today).


Balance Sheet

Low level of unsold assets.

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.

I.D. Systems has sufficient cash runway for more than 3 years based on current free cash flow.

I.D. Systems has sufficient cash runway for more than 3 years if free cash flow continues to grow 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 and Payments Analysis

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

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

Unable to perform a dividend volatility check as I.D. Systems has not reported any payouts.

Unable to verify if I.D. Systems's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as I.D. Systems 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 I.D. Systems's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

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

Chris's remuneration is higher than average for companies of similar size in United States of America.

Chris's compensation has increased whilst company is loss making.


Management Age and Tenure

4.7yrs

Average Tenure

54.5yo

Average Age

The tenure for the I.D. Systems management team is about average.


Board Age and Tenure

2.5yrs

Average Tenure

56yo

Average Age

The average tenure for the I.D. Systems board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


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
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$6,904,55511 Dec 18
Milfam LLC
EntityCompany
Shares1,190,461
Max PriceUS$5.80
SellUS$5,340,02611 Dec 18
Neil Subin
EntityIndividual
Shares920,710
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
SellUS$2,15922 Oct 18
Milfam LLC
EntityCompany
Shares349
Max PriceUS$6.19
SellUS$1,55922 Oct 18
Neil Subin
EntityIndividual
Shares252
Max PriceUS$6.19
SellUS$1,03319 Oct 18
Milfam LLC
EntityCompany
Shares166
Max PriceUS$6.22
SellUS$75319 Oct 18
Neil Subin
EntityIndividual
Shares121
Max PriceUS$6.22
SellUS$1,11418 Oct 18
Milfam LLC
EntityCompany
Shares179
Max PriceUS$6.22
SellUS$80918 Oct 18
Neil Subin
EntityIndividual
Shares130
Max PriceUS$6.22
SellUS$62,26217 Oct 18
Milfam LLC
EntityCompany
Shares9,986
Max PriceUS$6.23
SellUS$44,97917 Oct 18
Neil Subin
EntityIndividual
Shares7,214
Max PriceUS$6.23
SellUS$173,00016 Oct 18
Milfam LLC
EntityCompany
Shares27,680
Max PriceUS$6.25
SellUS$124,99416 Oct 18
Neil Subin
EntityIndividual
Shares19,999
Max PriceUS$6.25
SellUS$2,13211 Oct 18
Milfam LLC
EntityCompany
Shares323
Max PriceUS$6.60
SellUS$1,53811 Oct 18
Neil Subin
EntityIndividual
Shares233
Max PriceUS$6.60

Ownership Breakdown


Management Team

  • Ned Mavrommatis (48yo)

    CFO, Treasurer & Corporate Secretary

    • Tenure: 20.1yrs
    • Compensation: US$770.53k
  • Michael Ehrman (47yo)

    Consultant

    • Tenure: 0.5yrs
    • Compensation: US$510.50k
  • Rick Muntz (66yo)

    Vice President of Strategic Accounts

    • Tenure: 12.5yrs
    • 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: 5.5yrs
  • Craig Montgomery

    Senior Vice President of Strategy

    • Tenure: 0yrs
  • Curt Lloyd

    Executive Vice President of Operations

    • Tenure: 3.8yrs

Board Members

  • Mike Casey (56yo)

    Independent Director

    • Tenure: 3yrs
    • Compensation: US$141.08k
  • Chris Formant (66yo)

    Director

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

    Director

    • Tenure: 1.2yrs
    • 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)

    Chairman of the Board

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

Company Information

I.D. Systems, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: I.D. Systems, Inc.
  • Ticker: IDSY
  • Exchange: NasdaqGM
  • Founded: 1993
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$105.041m
  • Shares outstanding: 17.83m
  • Website: https://www.id-systems.com

Number of Employees


Location

  • I.D. Systems, 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 Analysis2019/09/15 23:37
End of Day Share Price2019/09/13 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.