Identiv
Market Cap
US$106.1m
Last Updated
2020/01/24 23:43 UTC
Data Sources
Company Financials +
Executive Summary
Identiv, Inc. operates as a security technology company that secures data, physical places, and things worldwide.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Identiv's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INVE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.6%
INVE
-1.6%
US Electronic
-1.3%
US Market
1 Year Return
13.6%
INVE
23.9%
US Electronic
22.0%
US Market
Return vs Industry: INVE underperformed the US Electronic industry which returned 30.2% over the past year.
Return vs Market: INVE underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| INVE | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -1.6% | -1.3% |
| 30 Day | 6.7% | 1.2% | 1.8% |
| 90 Day | 30.2% | 7.9% | 9.3% |
| 1 Year | 13.6%13.6% | 25.1%23.9% | 24.6%22.0% |
| 3 Year | 76.2%76.2% | 48.0%43.8% | 49.2%39.6% |
| 5 Year | -51.8%-51.8% | 88.7%79.2% | 77.9%58.3% |
Price Volatility Vs. Market
How volatile is Identiv's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Identiv (NASDAQ:INVE) Has A Somewhat Strained Balance Sheet3 weeks ago | Simply Wall St
Do Directors Own Identiv, Inc. (NASDAQ:INVE) Shares?1 month ago | Simply Wall St
Should You Take Comfort From Insider Transactions At Identiv, Inc. (NASDAQ:INVE)?Valuation
Is Identiv undervalued compared to its fair value and its price relative to the market?
14.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: INVE ($6.7) is trading below our estimate of fair value ($7.13)
Significantly Below Fair Value: INVE is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: INVE is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: INVE 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 INVE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INVE is overvalued based on its PB Ratio (3.1x) compared to the US Electronic industry average (2.1x).
Next Steps
Future Growth
How is Identiv forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
114.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INVE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: INVE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: INVE's is expected to become profitable in the next 3 years.
Revenue vs Market: INVE's revenue (13.2% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: INVE's revenue (13.2% per year) is forecast to grow slower 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
Next Steps
Past Performance
How has Identiv performed over the past 5 years?
35.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INVE is currently unprofitable.
Growing Profit Margin: INVE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INVE is unprofitable, but has reduced losses over the past 5 years at a rate of 35.6% per year.
Accelerating Growth: Unable to compare INVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INVE is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (53.6%).
Return on Equity
High ROE: INVE has a negative Return on Equity (3.54%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Identiv's financial position?
Financial Position Analysis
Short Term Liabilities: INVE's short term assets ($47.1M) exceed its short term liabilities ($34.4M).
Long Term Liabilities: INVE's short term assets ($47.1M) exceed its long term liabilities ($5.3M).
Debt to Equity History and Analysis
Debt Level: INVE's debt to equity ratio (40.3%) is considered high.
Reducing Debt: INVE's debt to equity ratio has increased from 26.3% to 40.3% over the past 5 years.
Balance Sheet
Inventory Level: INVE has a high level of physical assets or inventory.
Debt Coverage by Assets: INVE's debt is covered by short term assets (assets are 3.2x 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: INVE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INVE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Identiv's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate INVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate INVE's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of Identiv's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Steve Humphreys (58yo)
4.3yrs
Tenure
US$548,297
Compensation
Mr. Steven Humphreys, also known as Steve, has been the Chief Executive Officer of Identiv, Inc. since September 09, 2015. From November 2011 to December 2014, Mr. Humphreys served as the Chief Executive OÂ ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD548.30K) is about average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
4.3yrs
Average Tenure
54yo
Average Age
Experienced Management: INVE's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
4.3yrs
Average Tenure
63yo
Average Age
Experienced Board: INVE's board of directors are considered experienced (4.3 years average tenure).
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
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 8,000 |
| Max Price | US$4.98 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 2,000 |
| Max Price | US$5.09 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 20,000 |
| Max Price | US$4.99 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 4,166 |
| Max Price | US$4.90 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.5%.
Management Team
Steve Humphreys (58yo)
CEO & Director
- Tenure: 4.3yrs
- Compensation: US$548.30k
Manfred Mueller (49yo)
COO and GM of Identity & Credentials
- Tenure: 6.3yrs
- Compensation: US$934.15k
Sandra Wallach (54yo)
CFO & Secretary
- Tenure: 2.9yrs
- Compensation: US$469.63k
Board Members
Steve Humphreys (58yo)
CEO & Director
- Tenure: 4.3yrs
- Compensation: US$548.30k
Jim Ousley (73yo)
Chairman
- Tenure: 4.3yrs
- Compensation: US$367.48k
Nina Shapiro (70yo)
Independent Director
- Tenure: 3.6yrs
- Compensation: US$248.75k
Gary Kremen (55yo)
Director
- Tenure: 5.9yrs
- Compensation: US$248.75k
Robin Braun (63yo)
Independent Director
- Tenure: 0.7yrs
Company Information
Identiv, Inc.'s company bio, 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
- Market Cap: US$106.084m
- Shares outstanding: 16.89m
- Website: https://www.identiv.com
Number of Employees
Location
- Identiv, Inc.
- 2201 Walnut Avenue
- Suite 100
- Fremont
- California
- 94538
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| INVE | NasdaqCM (Nasdaq Capital Market) | Yes | Common Shares | US | USD | Oct 1997 |
| INVN | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Oct 1997 |
| INVN | DB (Deutsche Boerse AG) | COM USD0.01(POST REV SPLIT) | DE | EUR | May 2014 |
Biography
Identiv, Inc. operates as a security technology company that secures data, physical places, and things worldwide. Its Premises segment offers modular Hirsch MX controllers that allow customers to start with a small system and expand over time; Hirsch Velocity software platform for centralized management of access and security operations across an organization; federal identity, credential and access management architecture, an access control system; TouchSecure door readers that provide various features to support security standards; and global services to support system design, deployment, and managed services across customers premises security lifecycle. Its Identity segment provides smart card readers, which include various contact, contactless, portable, and mobile smart card readers, as well as tokens and terminals to enable logical access, and security and identification applications, such as national ID, payment, e-health, and e-government. Its Credentials segment provides NFC and radio frequency identification products, including inlays and inlay-based, and other cards; labels, tags, and stickers, as well as other radio frequency and integrated circuits components for use in various applications, such as virtual reality, games, loyalty cards, mobile payment systems, transit and event ticketing, and brand authenticity from pharmaceuticals to consumer goods, hospital resource management, cold-chain management, and others; and access cards. Identiv, Inc. markets and sells its products through original equipment manufacturers, dealers, systems integrators, value added resellers, resellers, and Internet, as well as directly to end users. The company was formerly known as Identive Group, Inc. and changed its name to Identiv, Inc. in May 2014. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 23:43 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.