II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. More Details
Reasonable growth potential and slightly overvalued.
Share Price & News
How has II-VI's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IIVI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: IIVI exceeded the US Electronic industry which returned 11.3% over the past year.
Return vs Market: IIVI exceeded the US Market which returned 18.3% over the past year.
Price Volatility Vs. Market
How volatile is II-VI's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHow Much Did II-VI's (NASDAQ:IIVI) CEO Pocket Last Year?
2 weeks ago | Simply Wall StDid You Miss II-VI's (NASDAQ:IIVI) Impressive 161% Share Price Gain?
1 month ago | Simply Wall StEstimating The Intrinsic Value Of II-VI Incorporated (NASDAQ:IIVI)
Is II-VI undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IIVI ($47.2) is trading below our estimate of fair value ($77.95)
Significantly Below Fair Value: IIVI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IIVI is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: IIVI 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 IIVI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IIVI's PB Ratio (2.1x) is in line with the US Electronic industry average.
How is II-VI forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IIVI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: IIVI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IIVI's is expected to become profitable in the next 3 years.
Revenue vs Market: IIVI's revenue (13.9% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: IIVI's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IIVI's Return on Equity is forecast to be low in 3 years time (12.5%).
How has II-VI performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IIVI is currently unprofitable.
Growing Profit Margin: IIVI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IIVI is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.
Accelerating Growth: Unable to compare IIVI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IIVI is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-18%).
Return on Equity
High ROE: IIVI has a negative Return on Equity (-3.23%), as it is currently unprofitable.
How is II-VI's financial position?
Financial Position Analysis
Short Term Liabilities: IIVI's short term assets ($1.8B) exceed its short term liabilities ($672.9M).
Long Term Liabilities: IIVI's short term assets ($1.8B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: IIVI's debt to equity ratio (110.7%) is considered high.
Reducing Debt: IIVI's debt to equity ratio has increased from 21.6% to 110.7% over the past 5 years.
Debt Coverage: IIVI's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: IIVI is unprofitable, therefore interest payments are not well covered by earnings.
What is II-VI current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IIVI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IIVI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IIVI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IIVI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IIVI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chuck Mattera (64 yo)
Dr. Vincent D. Mattera, Jr., Ph.D. also known as Chuck, serves as Chief Executive Officer of Finisar Corporation. Dr. Mattera has been its Chief Executive Officer since September 1, 2016 and served as the ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD10.51M) is above average for companies of similar size in the US market ($USD7.31M).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
|CEO & Director||4.08yrs||US$10.51m||0.40% |
|CFO, Treasurer & Assistant Secretary||6.58yrs||US$3.10m||0.062% |
|Chief Legal & Compliance Officer and Corporate Secretary||3.58yrs||US$2.14m||0.021% |
|President of Compound Semiconductors & Chief Strategy Officer||6.75yrs||US$2.86m||0.075% |
|Chief Technology Officer||1.25yrs||no data||0.012% |
|Chief Information Officer||1.08yrs||no data||no data|
|Vice President of Corporate Communications||no data||no data||no data|
|Chief Marketing Officer||1.25yrs||no data||no data|
|Chief Sales Officer||1.25yrs||no data||no data|
|Chief Human Resources Officer||1.08yrs||no data||no data|
Experienced Management: IIVI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|CEO & Director||4.08yrs||US$10.51m||0.40% |
|Independent Director||18.75yrs||US$280.87k||0.053% |
|Chairman of the Board||5.92yrs||US$342.37k||0.56% |
|Independent Director||2.42yrs||US$267.87k||0.0018% |
|Independent Director||4.67yrs||US$282.37k||0.021% |
|Lead Independent Director||no data||US$329.87k||0.060% |
|Independent Director||1.08yrs||US$240.74k||0.014% |
|Independent Director||9.5yrs||US$300.37k||0.026% |
|Independent Director||1.17yrs||US$253.37k||0.00075% |
Experienced Board: IIVI's board of directors are considered experienced (5.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.4%.
II-VI Incorporated's company bio, employee growth, exchange listings and data sources
- Name: II-VI Incorporated
- Ticker: IIVI
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$4.902b
- Shares outstanding: 103.85m
- Website: https://www.ii-vi.com
Number of Employees
- II-VI Incorporated
- 375 Saxonburg Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IIVI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 1987|
|II6||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 1987|
|0LHO||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Oct 1987|
|IIVI.P||NasdaqGS (Nasdaq Global Select)||6% CONV PFD A||US||USD||Jul 2020|
II-VI Incorporated develops, manufactures, and markets engineered materials, and optoelectronic components and devices worldwide. The company operates through two segments, Compound Semiconductors and Phot ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/24 23:57|
|End of Day Share Price||2020/10/23 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.