NasdaqCM:INVE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


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


Market Performance


7 Day Return

0.6%

INVE

-2.3%

US Electronic

-0.6%

US Market


1 Year Return

-11.2%

INVE

-2.9%

US Electronic

0.7%

US Market

INVE underperformed the Electronic industry which returned -2.9% over the past year.

INVE underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

INVEIndustryMarket
7 Day0.6%-2.3%-0.6%
30 Day3.7%5.2%2.9%
90 Day5.2%0.3%1.3%
1 Year-11.2%-11.2%-1.9%-2.9%2.9%0.7%
3 Year95.0%95.0%49.3%45.2%44.6%35.2%
5 Year-62.6%-62.6%69.8%61.4%61.9%44.2%

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

1 month ago | Simply Wall St

Announcing: Identiv (NASDAQ:INVE) Stock Increased An Energizing 148% In The Last Three Years

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Identiv's share price is below the future cash flow value, and at a moderate discount (> 20%).

Identiv's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

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

Identiv 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 Identiv, we can't assess if its growth is good value.


Price Based on Value of Assets

Identiv is overvalued based on assets compared to the US Electronic industry average.


Next Steps

Future Growth

How is Identiv expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

113.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Identiv's revenue is expected to grow by 13% yearly, however this is not considered high growth (20% yearly).

Identiv's earnings are expected to grow significantly at over 20% yearly.

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

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

Identiv'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 Identiv will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Identiv performed over the past 5 years?

31.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Identiv'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 Identiv 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 Identiv 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 Identiv 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 Identiv's financial position?


Financial Position Analysis

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

Identiv's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Identiv's level of debt (37.2%) 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 (66.5% vs 37.2% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.4x 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.

Identiv has sufficient cash runway for more than 3 years based on current free cash flow.

Unable to confirm if Identiv has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

Unable to perform a dividend volatility check as Identiv has not reported any payouts.

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


Current Payout to Shareholders

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

5.0yrs

Average management tenure


CEO

Steve Humphreys (58yo)

4yrs

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 O ...


CEO Compensation Analysis

Steve's remuneration is about average for companies of similar size in United States of America.

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


Management Age and Tenure

5.0yrs

Average Tenure

54yo

Average Age

The average tenure for the Identiv management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.0yrs

Average Tenure

63yo

Average Age

The tenure for the Identiv board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$39,48017 Jun 19
Steven Humphreys
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares8,000
Max PriceUS$4.98
BuyUS$10,18017 Jun 19
Steven Humphreys
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares2,000
Max PriceUS$5.09
BuyUS$99,80013 Jun 19
Gary Kremen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,000
Max PriceUS$4.99
BuyUS$20,08912 Jun 19
Gary Kremen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,166
Max PriceUS$4.90
BuyUS$49,98007 Dec 18
Gary Kremen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$5.00
BuyUS$87,37430 Nov 18
Gary Kremen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares17,000
Max PriceUS$5.17

Ownership Breakdown


Management Team

  • Steve Humphreys (58yo)

    CEO & Director

    • Tenure: 4yrs
    • Compensation: US$548.30k
  • Manfred Mueller (49yo)

    COO and GM of Identity & Credentials

    • Tenure: 6yrs
    • Compensation: US$934.15k
  • Sandra Wallach (54yo)

    CFO & Secretary

    • Tenure: 2.6yrs
    • Compensation: US$469.63k
  • Lennart Streibel

    Chief of Staff

    • Tenure: 6yrs

Board Members

  • Steve Humphreys (58yo)

    CEO & Director

    • Tenure: 4yrs
    • Compensation: US$548.30k
  • Jim Ousley (73yo)

    Chairman

    • Tenure: 4yrs
    • Compensation: US$367.48k
  • Nina Shapiro (70yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$248.75k
  • Gary Kremen (55yo)

    Director

    • Tenure: 5.6yrs
    • Compensation: US$248.75k
  • Robin Braun (63yo)

    Director

    • Tenure: 0.3yrs

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$85.148m
  • Shares outstanding: 16.79m
  • 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
INVNDB (Deutsche Boerse AG)COM USD0.01(POST REV SPLIT)DEEURMay 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 wit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 23:38
End of Day Share Price2019/09/20 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.