NasdaqCM:INVE

Stock Analysis Report

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Executive Summary

Identiv, Inc. operates as a security technology company that secures data, physical places, and things worldwide. More Details


Snowflake Analysis

Mediocre balance sheet with concerning outlook.


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

-3.1%

INVE

-2.3%

US Electronic

-0.8%

US Market


1 Year Return

11.6%

INVE

2.6%

US Electronic

13.8%

US Market

Return vs Industry: INVE exceeded the US Electronic industry which returned 2.6% over the past year.

Return vs Market: INVE underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

INVEIndustryMarket
7 Day-3.1%-2.3%-0.8%
30 Day-2.5%-2.8%-5.0%
90 Day19.1%7.5%10.1%
1 Year11.6%11.6%3.7%2.6%16.4%13.8%
3 Year26.1%26.1%14.1%10.9%36.9%27.8%
5 Year65.3%65.3%77.9%69.7%85.0%64.2%

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

Valuation

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

3.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: INVE is unprofitable, so we can't compare its PE Ratio to the US 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 (3.2x) compared to the US Electronic industry average (1.8x).


Next Steps

Future Growth

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

130.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: INVE's revenue (12.5% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: INVE's revenue (12.5% 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?

49.5%

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 49.5% 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 (-18%).


Return on Equity

High ROE: INVE has a negative Return on Equity (-17.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Identiv's financial position?


Financial Position Analysis

Short Term Liabilities: INVE's short term assets ($52.8M) exceed its short term liabilities ($41.6M).

Long Term Liabilities: INVE's short term assets ($52.8M) exceed its long term liabilities ($4.4M).


Debt to Equity History and Analysis

Debt Level: INVE's debt to equity ratio (70.7%) is considered high.

Reducing Debt: INVE's debt to equity ratio has increased from 47% to 70.7% over the past 5 years.


Balance Sheet


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 a year based on its current free cash flow.

Forecast Cash Runway: INVE has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.8% each year.


Next Steps

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?

3.6yrs

Average management tenure


CEO

Steve Humphreys (59 yo)

5yrs

Tenure

US$562,176

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 ($USD562.18K) is about average for companies of similar size in the US market ($USD603.09K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Steven Humphreys
CEO & Director5yrsUS$562.18k1.4%
$ 1.5m
Sandra Wallach
CFO & Secretary3.58yrsUS$469.63k0.37%
$ 383.0k
Manfred Mueller
COO and GM of Identity & Credentials7yrsUS$934.15kno data
Mike Taylor
Vice President of Global Sales0.17yrno datano data
Steve Dunlap
Thursby President1.08yrsno datano data

3.6yrs

Average Tenure

55yo

Average Age

Experienced Management: INVE's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steven Humphreys
CEO & Director5yrsUS$562.18k1.4%
$ 1.5m
James Ousley
Independent Chairman5yrsUS$283.15k0.82%
$ 858.4k
Nina Shapiro
Independent Director4.25yrsUS$194.26k0.34%
$ 359.3k
Gary Kremen
Independent Director6.58yrsUS$205.46k1.1%
$ 1.1m
Robin Braun
Independent Director1.33yrsUS$75.62kno data

5.0yrs

Average Tenure

64yo

Average Age

Experienced Board: INVE's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: INVE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.5%.


Top Shareholders

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$104.672m
  • Shares outstanding: 17.89m
  • Website: https://www.identiv.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
INVENasdaqCM (Nasdaq Capital Market)YesCommon SharesUSUSDOct 1997
INVNDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1997

Biography

Identiv, Inc. operates as a security technology company that secures data, physical places, and things worldwide. It operates through two segment, Premises and Identity. The Premises segment offers modular ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 06:35
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.