company background image
INVE

IdentivNasdaqCM:INVE Stock Report

Last Price

US$22.10

Market Cap

US$490.8m

7D

-5.5%

1Y

187.8%

Updated

16 Jan, 2022

Data

Company Financials +
INVE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health6/6
Dividends0/6

INVE Stock Overview

Identiv, Inc. operates as a security technology company that secures data, physical places, and things in the Americas, Europe, the Middle East, and the Asia-Pacific.

Identiv Competitors

Honeywell International

NasdaqGS:HON

US$149.8b

Mitek Systems

NasdaqCM:MITK

US$724.7m

RightCrowd

ASX:RCW

AU$58.8m

Price History & Performance

Summary of all time highs, changes and price drops for Identiv
Historical stock prices
Current Share PriceUS$22.10
52 Week HighUS$29.00
52 Week LowUS$7.79
Beta1.62
1 Month Change-3.11%
3 Month Change22.85%
1 Year Change187.76%
3 Year Change281.03%
5 Year Change508.82%
Change since IPO-88.44%

Recent News & Updates

Dec 30

Identiv: Small But Potent Security Systems Service Provider

Security has many dimensions: Access to locations, transport of information or other valuables into or from secure locations, also safekeeping of human, financial, and other resources, wherever. Identifications of the secured persons, properties, and resources are essential as cross-check verification of security compliance. In a high-tech, information-intent operating environment, security continually increases in importance, making INVE, this article’s subject a key focus point.

Nov 19
Why Identiv's (NASDAQ:INVE) Earnings Are Weaker Than They Seem

Why Identiv's (NASDAQ:INVE) Earnings Are Weaker Than They Seem

The latest earnings release from Identiv, Inc. ( NASDAQ:INVE ) disappointed investors. We did some analysis and believe...

Nov 02
These 4 Measures Indicate That Identiv (NASDAQ:INVE) Is Using Debt Extensively

These 4 Measures Indicate That Identiv (NASDAQ:INVE) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

INVEUS ElectronicUS Market
7D-5.5%-0.8%-0.5%
1Y187.8%9.7%13.7%

Return vs Industry: INVE exceeded the US Electronic industry which returned 9.7% over the past year.

Return vs Market: INVE exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is INVE's price volatile compared to industry and market?
INVE volatility
INVE Average Weekly Movement8.9%
Electronic Industry Average Movement7.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: INVE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: INVE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990326Steve Humphreyshttps://www.identiv.com

Identiv, Inc. operates as a security technology company that secures data, physical places, and things in the Americas, Europe, the Middle East, and the Asia-Pacific. It operates in two segments, Premises and Identity. The Premises segment offers solutions for premises security market, such as access control, video surveillance, analytics, audio, access readers, and identities to government facilities, schools, utilities, hospitals, stores, shops, and apartment buildings.

Identiv Fundamentals Summary

How do Identiv's earnings and revenue compare to its market cap?
INVE fundamental statistics
Market CapUS$490.77m
Earnings (TTM)US$1.71m
Revenue (TTM)US$100.09m

287.3x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INVE income statement (TTM)
RevenueUS$100.09m
Cost of RevenueUS$63.85m
Gross ProfitUS$36.23m
ExpensesUS$34.53m
EarningsUS$1.71m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.077
Gross Margin36.20%
Net Profit Margin1.71%
Debt/Equity Ratio0%

How did INVE perform over the long term?

See historical performance and comparison

Valuation

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

287.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: INVE ($22.1) is trading above our estimate of fair value ($4.55)

Significantly Below Fair Value: INVE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: INVE is poor value based on its PE Ratio (287.3x) compared to the US Electronic industry average (18.4x).

PE vs Market: INVE is poor value based on its PE Ratio (287.3x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: INVE is poor value based on its PEG Ratio (4.6x)


Price to Book Ratio

PB vs Industry: INVE is overvalued based on its PB Ratio (6.4x) compared to the US Electronic industry average (2.5x).


Future Growth

How is Identiv forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

62.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INVE's forecast earnings growth (62.9% per year) is above the savings rate (2%).

Earnings vs Market: INVE's earnings (62.9% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: INVE's revenue (22.2% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: INVE's revenue (22.2% 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 INVE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Identiv performed over the past 5 years?

38.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INVE has a large one-off gain of $2.7M impacting its September 30 2021 financial results.

Growing Profit Margin: INVE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: INVE has become profitable over the past 5 years, growing earnings by 38.4% per year.

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

Earnings vs Industry: INVE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (42.1%).


Return on Equity

High ROE: INVE's Return on Equity (3.7%) is considered low.


Financial Health

How is Identiv's financial position?


Financial Position Analysis

Short Term Liabilities: INVE's short term assets ($74.2M) exceed its short term liabilities ($20.8M).

Long Term Liabilities: INVE's short term assets ($74.2M) exceed its long term liabilities ($1.7M).


Debt to Equity History and Analysis

Debt Level: INVE is debt free.

Reducing Debt: INVE has no debt compared to 5 years ago when its debt to equity ratio was 437.3%.

Debt Coverage: INVE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: INVE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Identiv current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate INVE'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 INVE's dividends per share have been stable in the past.

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


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Steve Humphreys (60 yo)

6.33yrs

Tenure

US$490,690

Compensation

Mr. Steven Humphreys, also known as Steve, has been the Chief Executive Officer of Identiv, Inc. since September 09, 2015. From November 2011 to December 2014, Mr. Humphreys served as the Chief Executive O...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD490.69K) is below average for companies of similar size in the US market ($USD1.68M).

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


Leadership Team

Experienced Management: INVE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: INVE's board of directors are considered experienced (7.5 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.2%.


Top Shareholders

Company Information

Identiv, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Identiv, Inc.
  • Ticker: INVE
  • Exchange: NasdaqCM
  • Founded: 1990
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Implied Market Cap: US$490.771m
  • Shares outstanding: 22.21m
  • Website: https://www.identiv.com

Number of Employees


Location

  • Identiv, Inc.
  • 2201 Walnut Avenue
  • Suite 100
  • Fremont
  • California
  • 94538
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:14
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
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.